0000890319-18-000149.txt : 20181030 0000890319-18-000149.hdr.sgml : 20181030 20181030132333 ACCESSION NUMBER: 0000890319-18-000149 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 72 CONFORMED PERIOD OF REPORT: 20180930 FILED AS OF DATE: 20181030 DATE AS OF CHANGE: 20181030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TAUBMAN CENTERS INC CENTRAL INDEX KEY: 0000890319 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 382033632 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-11530 FILM NUMBER: 181146296 BUSINESS ADDRESS: STREET 1: 200 E LONG LAKE RD STREET 2: SUITE 300 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304-2324 BUSINESS PHONE: 2482586800 MAIL ADDRESS: STREET 1: 200 E LONG LAKE RD STREET 2: SUITE 300 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304-2324 10-Q 1 tco-20180930x10q.htm 10-Q Document
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Form 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended: September 30, 2018
Commission File No. 1-11530

Taubman Centers, Inc.
(Exact name of registrant as specified in its charter)

Michigan
 
38-2033632
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer Identification No.)
200 East Long Lake Road, Suite 300, Bloomfield Hills, Michigan
 
48304-2324
(Address of principal executive offices)
 
(Zip code)
(248) 258-6800
(Registrant's telephone number, including area code)
 
 
 
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

x Yes o No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

x Yes o No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer,” “accelerated filer," “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer x   Accelerated Filer o  Non-Accelerated Filer o  Smaller Reporting Company o Emerging Growth Company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by a check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

o Yes x No

As of October 29, 2018, there were outstanding 61,065,292 shares of common stock, par value $0.01 per share.


TAUBMAN CENTERS, INC.
CONTENTS



PART I – FINANCIAL INFORMATION
Item 1.
 
 
 
 
 
 
Item 2.
Item 3.
Item 4.

PART II – OTHER INFORMATION 
Item 1.
Item 1A.
Item 6.
 
 
 
 

1

 
TAUBMAN CENTERS, INC.
CONSOLIDATED BALANCE SHEET
(in thousands, except share data)
 
 
September 30,
2018
 
December 31,
2017
Assets:
 
 
 
Properties
$
4,661,616

 
$
4,461,045

Accumulated depreciation and amortization
(1,382,881
)
 
(1,276,916
)
 
$
3,278,735

 
$
3,184,129

Investment in Unconsolidated Joint Ventures (Notes 2 and 4)
673,219

 
605,629

Cash and cash equivalents (Note 13)
38,037

 
42,499

Restricted cash (Note 13)
95,254

 
121,905

Accounts and notes receivable, less allowance for doubtful accounts of $12,022 and $10,237 in 2018 and 2017
81,483

 
78,566

Accounts receivable from related parties
1,783

 
1,365

Deferred charges and other assets
167,208

 
180,499

Total Assets
$
4,335,719

 
$
4,214,592

 
 
 
 
Liabilities:
 
 
 
Notes payable, net (Note 5)
$
3,793,278

 
$
3,555,228

Accounts payable and accrued liabilities
300,398

 
307,041

Distributions in excess of investments in and net income of Unconsolidated Joint Ventures (Note 4)
480,622

 
494,851

 
$
4,574,298

 
$
4,357,120

Commitments and contingencies (Notes 5, 6, 7, 8, and 9)


 


 
 
 
 
Redeemable noncontrolling interest (Note 6)
$
7,500

 
$
7,500

 
 
 
 
Equity (Deficit):
 

 
 

Taubman Centers, Inc. Shareowners’ Equity:
 

 
 

Series B Non-Participating Convertible Preferred Stock, $0.001 par and liquidation value, 40,000,000 shares authorized, 24,918,773 and 24,938,114 shares issued and outstanding at September 30, 2018 and December 31, 2017
$
25

 
$
25

Series J Cumulative Redeemable Preferred Stock, 7,700,000 shares authorized, no par, $192.5 million liquidation preference, 7,700,000 shares issued and outstanding at both September 30, 2018 and December 31, 2017
 
 
 
Series K Cumulative Redeemable Preferred Stock, 6,800,000 shares authorized, no par, $170.0 million liquidation preference, 6,800,000 shares issued and outstanding at both September 30, 2018 and December 31, 2017
 
 
 
Common Stock, $0.01 par value, 250,000,000 shares authorized, 61,012,282 and 60,832,918 shares issued and outstanding at September 30, 2018 and December 31, 2017
610

 
608

Additional paid-in capital
678,905

 
675,333

Accumulated other comprehensive income (loss) (Notes 1, 7, and 12)
(15,763
)
 
(6,919
)
Dividends in excess of net income (Notes 1 and 7)
(711,855
)
 
(646,807
)
 
$
(48,078
)
 
$
22,240

Noncontrolling interests (Note 6)
(198,001
)
 
(172,268
)
 
$
(246,079
)
 
$
(150,028
)
Total Liabilities and Equity
$
4,335,719

 
$
4,214,592


See notes to consolidated financial statements.

2

      
TAUBMAN CENTERS, INC.
CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
(in thousands, except share data)
 
Three Months Ended September 30

Nine Months Ended September 30
 
2018

2017

2018
 
2017
Revenues:
 


 

 
 
 
Minimum rents
$
87,306

 
$
84,487


$
261,711

 
$
255,577

Overage rents
3,263

 
3,600


7,453

 
7,354

Expense recoveries
52,096

 
51,960


154,177

 
154,385

Management, leasing, and development services
860

 
1,147


2,480

 
3,439

Other
15,595

 
12,028


47,560

 
36,226

 
$
159,120

 
$
153,222


$
473,381

 
$
456,981

Expenses:
 
 
 

 
 
 
Maintenance, taxes, utilities, and promotion
$
38,149

 
$
42,351


$
113,871

 
$
121,581

Other operating
19,253

 
23,939


64,153

 
65,356

Management, leasing, and development services
476

 
524


1,186

 
1,698

General and administrative
8,530

 
9,482


25,545

 
29,649

Restructuring charge (Note 1)


 
1,751

 
(423
)
 
4,063

Costs associated with shareowner activism (Note 1)
1,500

 
3,500


10,000

 
12,000

Interest expense
33,396

 
27,782


97,242

 
80,074

Depreciation and amortization
46,307

 
45,805


124,325

 
122,958

 
$
147,611

 
$
155,134


$
435,899

 
$
437,379

Nonoperating income, net (Notes 9 and 11)
8,700

 
2,494


13,858

 
8,347

Income before income tax expense and equity in income of Unconsolidated Joint Ventures
$
20,209

 
$
582


$
51,340

 
$
27,949

Income tax benefit (expense) (Note 3)
996

 
(54
)

784

 
(375
)
Equity in income of Unconsolidated Joint Ventures (Note 4)
16,910

 
13,723


50,680

 
47,099

Net income
$
38,115

 
$
14,251


$
102,804

 
$
74,673

Net income attributable to noncontrolling interests (Note 6)
(10,756
)
 
(3,528
)

(28,781
)
 
(20,581
)
Net income attributable to Taubman Centers, Inc.
$
27,359

 
$
10,723


$
74,023

 
$
54,092

Distributions to participating securities of TRG (Note 8)
(599
)
 
(576
)

(1,797
)
 
(1,723
)
Preferred stock dividends
(5,784
)
 
(5,784
)

(17,353
)
 
(17,353
)
Net income attributable to Taubman Centers, Inc. common shareowners
$
20,976

 
$
4,363


$
54,873

 
$
35,016


 
 
 

 
 
 
Net income
$
38,115

 
$
14,251


$
102,804

 
$
74,673

Other comprehensive income (Note 12):
 
 
 

 
 
 
Unrealized gain (loss) on interest rate instruments and other
1,552

 
(307
)

11,384

 
(8,072
)
Cumulative translation adjustment
(15,377
)
 
9,076


(22,224
)
 
19,528

Reclassification adjustment for amounts recognized in net income
(469
)
 
1,034


(699
)
 
5,311


$
(14,294
)
 
$
9,803


$
(11,539
)
 
$
16,767

Comprehensive income
$
23,821

 
$
24,054


$
91,265

 
$
91,440

Comprehensive income attributable to noncontrolling interests
(6,610
)
 
(6,385
)

(25,435
)
 
(25,467
)
Comprehensive income attributable to Taubman Centers, Inc.
$
17,211

 
$
17,669


$
65,830

 
$
65,973


 
 
 

 
 
 
Basic earnings per common share (Note 10)
$
0.34

 
$
0.07


$
0.90

 
$
0.58


 
 
 

 
 
 
Diluted earnings per common share (Note 10)
$
0.34

 
$
0.07


$
0.90

 
$
0.58


 
 
 

 
 
 
Cash dividends declared per common share
$
0.6550

 
$
0.6250

 
$
1.9650

 
$
1.8750


 
 
 

 
 
 
Weighted average number of common shares outstanding – basic
61,001,357

 
60,710,184


60,970,572

 
60,654,026


See notes to consolidated financial statements.

3

TAUBMAN CENTERS, INC.
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (DEFICIT)
NINE MONTHS ENDED SEPTEMBER 30, 2018 AND 2017
(in thousands, except share data)
 
Taubman Centers, Inc. Shareowners’ Equity
 
 
 
 
 
Preferred Stock
 
Common Stock
 
Paid-In Capital
 
Accumulated Other Comprehensive Income (Loss)
 
Dividends in Excess of Net Income
 
Non-Redeemable Noncontrolling Interests
 
Total Equity (Deficit)
 
Shares
 
Amount
 
Shares
 
Amount
 
 
 
 
 
Balance, January 1, 2017
39,529,059

 
$
25

 
60,430,613

 
$
604

 
$
657,281

 
$
(35,916
)
 
$
(549,914
)
 
$
(142,783
)
 
$
(70,703
)
Issuance of common stock pursuant to Continuing Offer (Notes 8 and 9)
(90,845
)
 


 
90,850

 
1

 
(1
)
 
 
 
 

 
 
 
—

Share-based compensation under employee and director benefit plans (Note 8)
 
 
 
 
190,574

 
2

 
10,490

 
 

 
 

 
 

 
10,492

Former Taubman Asia President redeemable equity adjustment (Note 6)
 
 
 
 
 
 
 
 
(446
)
 
 
 
 
 
 
 
(446
)
Adjustments of noncontrolling interests (Note 6)
 
 
 
 
 
 
 
 
(490
)
 
(16
)
 
 
 
(215
)
 
(721
)
Dividends and distributions
 
 
 
 
 
 
 
 
 
 
 
 
(132,884
)
 
(55,568
)
 
(188,452
)
Other


 
 
 
 
 
 
 
2

 
 
 
(259
)
 


 
(257
)
Net income (excludes $721 of net loss attributable to redeemable noncontrolling interest) (Note 6)
 
 
 
 
 
 
 
 
 
 
 
 
54,092

 
21,302

 
75,394

Other comprehensive income (Note 12):
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 


Unrealized loss on interest rate instruments and other
 
 
 
 
 
 
 
 
 
 
(5,721
)
 
 
 
(2,351
)
 
(8,072
)
Cumulative translation adjustment
 
 
 
 
 
 
 
 
 
 
13,839

 
 
 
5,689

 
19,528

Reclassification adjustment for amounts recognized in net income
 
 
 
 
 
 
 
 
 
 
3,763

 
 
 
1,548

 
5,311

Balance, September 30, 2017
39,438,214

 
$
25

 
60,712,037

 
$
607

 
$
666,836

 
$
(24,051
)
 
$
(628,965
)
 
$
(172,378
)
 
$
(157,926
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2018
39,438,114

 
$
25

 
60,832,918

 
$
608

 
$
675,333

 
$
(6,919
)
 
$
(646,807
)
 
$
(172,268
)
 
$
(150,028
)
Issuance of common stock pursuant to Continuing Offer (Notes 8 and 9)
(19,341
)
 
 
 
21,802

 


 


 
 
 
 
 
 
 
—

Share-based compensation under employee and director benefit plans (Note 8)
 
 
 
 
157,562

 
2

 
3,783

 
 
 
 
 
 
 
3,785

Adjustments of noncontrolling interests (Note 6)
 
 
 
 
 
 
 
 
(211
)
 
26

 


 
50

 
(135
)
Dividends and distributions
 
 
 
 
 
 
 
 
 
 
 
 
(139,011
)
 
(51,075
)
 
(190,086
)
Other (Note 1)
 
 
 
 
 
 
 
 


 
(678
)
 
(60
)
 
(277
)
 
(1,015
)
Net income (excludes $135 of net loss attributable to redeemable noncontrolling interest) (Note 6)
 
 
 
 
 
 
 
 
 
 
 
 
74,023

 
28,916

 
102,939

Other comprehensive income (Note 12):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Unrealized gain on interest rate instruments
 
 
 
 
 
 
 
 
 
 
8,081

 
 
 
3,303

 
11,384

Cumulative translation adjustment
 
 
 
 
 
 
 
 
 
 
(15,777
)
 
 
 
(6,447
)
 
(22,224
)
Reclassification adjustment for amounts recognized in net income
 
 
 
 
 
 
 
 
 
 
(496
)
 
 
 
(203
)
 
(699
)
Balance, September 30, 2018
39,418,773

 
$
25

 
61,012,282

 
$
610

 
$
678,905

 
$
(15,763
)
 
$
(711,855
)
 
$
(198,001
)
 
$
(246,079
)








See notes to consolidated financial statements.

4

TAUBMAN CENTERS, INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
(in thousands)
 
Nine Months Ended September 30
 
2018

2017
Cash Flows From Operating Activities:
 

 
Net income
$
102,804


$
74,673

Adjustments to reconcile net income to net cash provided by operating activities:
 


 

Depreciation and amortization
124,325


122,958

Provision for bad debts
4,359


7,612

Gains on sales of peripheral land
(1,034
)

(945
)
Fair value adjustment for marketable equity securities (Notes 1 and 11)
(4,073
)



Income from Unconsolidated Joint Ventures (less than) in excess of distributions (Note 1)
(1,411
)

5,931

Other
11,418


13,349

Decrease in cash attributable to changes in assets and liabilities:
 


 

Receivables, deferred charges, and other assets
(15,426
)

(14,844
)
Accounts payable and accrued liabilities
(11,243
)

(2,169
)
Net Cash Provided By Operating Activities
$
209,719


$
206,565







Cash Flows From Investing Activities:
 


 

Additions to properties
$
(220,744
)

$
(249,845
)
Proceeds from sales of peripheral land
1,260


1,300

Proceeds from sale of marketable securities (Note 11)
27,626




Insurance proceeds for capital items at The Mall of San Juan (Note 9)
5,768




Funding development deposit (Note 2)



(10,998
)
Contributions to Unconsolidated Joint Ventures (Note 2)
(94,245
)

(3,524
)
Distributions from Unconsolidated Joint Ventures in excess of income (Notes 1 and 2)
1,474


74,696

Other
67

 
64

Net Cash Used In Investing Activities
$
(278,794
)

$
(188,307
)






Cash Flows From Financing Activities:
 


 

Proceeds from revolving lines of credit, net
$
215,741


$
152,190

Debt proceeds
800,000

 
336,749

Debt payments
(775,776
)
 
(307,064
)
Debt issuance costs
(4,727
)

(6,665
)
Issuance of common stock and/or TRG Units in connection with incentive plans
(2,306
)

1,642

Distributions to noncontrolling interests
(51,075
)

(55,568
)
Distributions to participating securities of TRG
(1,797
)

(1,723
)
Cash dividends to preferred shareowners
(17,353
)

(17,353
)
Cash dividends to common shareowners
(119,861
)

(113,808
)
Net Cash Provided By (Used In) Financing Activities
$
42,846


$
(11,600
)






Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (Note 13)
$
(4,884
)
 
$
(380
)
 
 
 
 
Net Increase (Decrease) In Cash, Cash Equivalents, and Restricted Cash
(31,113
)

6,278







Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (Note 13)
164,404


152,965







Cash, Cash Equivalents, and Restricted Cash at End of Period (Note 13)
$
133,291


$
159,243



See notes to consolidated financial statements.

5
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



Note 1 - Interim Financial Statements

General

Taubman Centers, Inc. (the Company or TCO) is a Michigan corporation that operates as a self-administered and self-managed real estate investment trust (REIT). The Taubman Realty Group Limited Partnership (the Operating Partnership or TRG) is a majority-owned partnership subsidiary of TCO that owns direct or indirect interests in all of the Company’s real estate properties. In this report, the term “Company" refers to TCO, the Operating Partnership, and/or the Operating Partnership's subsidiaries as the context may require. The Company engages in the ownership, management, leasing, acquisition, disposition, development, and expansion of retail shopping centers and interests therein. The Company’s owned portfolio as of September 30, 2018 included 23 urban and suburban shopping centers operating in 11 U.S. states, Puerto Rico, South Korea, and China. Taubman Properties Asia LLC and its subsidiaries (Taubman Asia), which is the platform for the Company’s operations in China and South Korea, as well as any developments in Asia, is headquartered in Hong Kong.

In May 2018, the Company closed on a redevelopment agreement for Taubman Prestige Outlets Chesterfield. As of May 1, 2018, all operations at the center, as well as the building and improvements, were transferred to The Staenberg Group (“TSG”), and TSG leases the land from the Company through a long-term, participating ground lease. Both the Company and TSG have the ability to terminate the ground lease in the event that a redevelopment has not begun within five years, with the buildings and improvements reverting to the Company upon such a termination. The Company will defer recognition of a sale of the building and improvements and maintain the property on its Consolidated Balance Sheet until the foregoing termination right is no longer available to the parties, with this right ceasing upon TSG commencing a redevelopment. The shopping center has been excluded from the Company's owned shopping center portfolio disclosure above.

The unaudited interim financial statements should be read in conjunction with the audited financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the financial statements for the interim periods have been made. The results of interim periods are not necessarily indicative of the results for a full year.

Dollar amounts presented in tables within the notes to the financial statements are stated in thousands, except share data or as otherwise noted.

Consolidation

The consolidated financial statements of the Company include all accounts of the Company, the Operating Partnership, and its consolidated subsidiaries, including The Taubman Company LLC (the Manager) and Taubman Asia. All intercompany transactions have been eliminated. The entities included in these consolidated financial statements are separate legal entities and maintain records and books of account separate from any other entity. However, inclusion of these separate entities in the consolidated financial statements does not mean that the assets and credit of each of these legal entities are available to satisfy the debts or other obligations of any other such legal entity included in the consolidated financial statements.

In determining the method of accounting for partially owned joint ventures, the Company evaluates the characteristics of associated entities and determines whether an entity is a variable interest entity (VIE), and, if so, determines whether the Company is the primary beneficiary by analyzing whether the Company has both the power to direct the entity's significant economic activities and the obligation to absorb potentially significant losses or receive potentially significant benefits. Significant judgments and assumptions inherent in this analysis include the nature of the entity's operations, the entity's financing and capital structure, and contractual relationship and terms, including consideration of governance and decision making rights. The Company consolidates a VIE when it has determined that it is the primary beneficiary. All of the Company’s consolidated joint ventures, including the Operating Partnership, meet the definition and criteria as VIEs, as either the Company or an affiliate of the Company is the primary beneficiary of each VIE.

The Company’s sole significant asset is its investment in the Operating Partnership and, consequently, substantially all of the Company’s consolidated assets and liabilities are assets and liabilities of the Operating Partnership. All of the Company’s debt (Note 5) is an obligation of the Operating Partnership or its consolidated subsidiaries. Note 5 also provides disclosure of guarantees provided by the Operating Partnership to certain consolidated joint ventures. Note 6 provides additional disclosures of the carrying balance of the noncontrolling interests in its consolidated joint ventures and other information, including a description of certain rights of the noncontrolling owners.


6
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Investments in entities not controlled but over which the Company may exercise significant influence (Unconsolidated Joint Ventures or UJVs) are accounted for under the equity method. The Company has evaluated its investments in the Unconsolidated Joint Ventures under guidance for determining whether an entity is a VIE and has concluded that the ventures are not VIEs. Accordingly, the Company accounts for its interests in these entities under general accounting standards for investments in real estate ventures (including guidance for determining effective control of a limited partnership or similar entity). The Company’s partners or other owners in these Unconsolidated Joint Ventures have substantive participating rights including approval rights over annual operating budgets, capital spending, financing, admission of new partners/members, or sale of the properties and the Company has concluded that the equity method of accounting is appropriate for these interests. Specifically, the Company’s 79% and 50.1% investments in Westfarms and International Plaza, respectively, are through general partnerships in which the other general partners have participating rights over annual operating budgets, capital spending, refinancing, or sale of the property. The Company provides its beneficial interest in certain financial information of its Unconsolidated Joint Ventures (Notes 4 and 5). This beneficial information is derived as the Company's ownership interest in the investee multiplied by the specific financial statement item being presented. Investors are cautioned that deriving the Company's beneficial interest in this manner may not accurately depict the legal and economic implications of holding a noncontrolling interest in the investee.

Ownership

In addition to common stock, there were three classes of preferred stock outstanding (Series B, J, and K) as of September 30, 2018. Dividends on the 6.5% Series J Cumulative Redeemable Preferred Stock (Series J Preferred Stock) and the 6.25% Series K Cumulative Redeemable Preferred Stock (Series K Preferred Stock) are cumulative and are paid on the last business day of each calendar quarter. The Company owns corresponding Series J and Series K Preferred Equity interests in the Operating Partnership that entitle the Company to income and distributions (in the form of guaranteed payments) in amounts equal to the dividends payable on the Company’s Series J and Series K Preferred Stock.

The Company also is obligated to issue to partners in the Operating Partnership other than the Company, upon subscription, one share of nonparticipating Series B Preferred Stock per each unit of limited partnership in TRG (TRG Unit). The Series B Preferred Stock entitles its holders to one vote per share on all matters submitted to the Company’s shareowners and votes together with the common stock on such matters as a single class. The holders of Series B Preferred Stock are not entitled to dividends or earnings. The Series B Preferred Stock is convertible into common stock at a ratio of 14,000 shares of Series B Preferred Stock for one share of common stock.

Outstanding voting securities of the Company at September 30, 2018 consisted of 24,918,773 shares of Series B Preferred Stock and 61,012,282 shares of common stock.

The Operating Partnership

At September 30, 2018, the Operating Partnership’s equity included two classes of preferred equity (Series J and K) and the net equity of the TRG unitholders. Net income and distributions of the Operating Partnership are allocable first to the preferred equity interests, and the remaining amounts to the general and limited partners in the Operating Partnership in accordance with their percentage ownership. The Series J and Series K Preferred Equity are owned by the Company and are eliminated in consolidation.

The Company's ownership in the Operating Partnership at September 30, 2018 consisted of a 71% managing general partnership interest, as well as the Series J and Series K Preferred Equity interests. The Company's average ownership percentage in the Operating Partnership for both the nine months ended September 30, 2018 and 2017 was 71%. At September 30, 2018, the Operating Partnership had 85,945,815 TRG Units outstanding, of which the Company owned 61,012,282 TRG Units. Disclosures about TRG Units outstanding exclude TRG Profits Units granted or other share-based grants for which TRG Units may eventually be issued (Note 8).


7
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Restructuring Charge

The Company has been undergoing a restructuring to reduce its workforce and reorganize various areas of the organization in response to the completion of another major development cycle and the current near-term challenges facing the U.S. mall industry. During the nine months ended September 30, 2018, the Company recorded a change in estimate to previously recognized charges resulting in a reversal of expense of $0.4 million. There was no adjustment recorded to the restructuring charge during the three months ended September 30, 2018. During the three and nine months ended September 30, 2017, the Company incurred $1.8 million and $4.1 million, respectively, of expenses related to the restructuring. These expenses and adjustments thereto have been separately classified as Restructuring Charge on the Consolidated Statement of Operations and Comprehensive Income. As of September 30, 2018, $0.2 million of the restructuring costs recognized during 2017 and 2018 were unpaid and remained accrued.    

Costs Associated with Shareowner Activism

During the three and nine months ended September 30, 2018, the Company incurred $1.5 million and $10.0 million, respectively, of expense associated with activities related to shareowner activism, largely legal and advisory services. During the three and nine months ended September 30, 2017, the Company incurred $3.5 million and $12.0 million, respectively, of expense associated with shareowner activism. Also included in the activism costs is a retention program for certain employees. Given the uncertainties associated with shareowner activism and to ensure the retention of top talent in key positions within the Company, certain key employees were provided certain incentive benefits in the form of cash and/or equity retention awards. The Company and the Board of Directors believe these benefits are instrumental in ensuring the continued success of the Company during the retention period. Due to the unusual and infrequent nature of these expenses in the Company's history, they have been separately classified as Costs Associated with Shareowner Activism on the Company's Consolidated Statement of Operations and Comprehensive Income. Unvested incentive benefits under the retention awards as of September 30, 2018 were $1.9 million, which will be recognized as service is rendered through December 31, 2019.

Management’s Responsibility to Evaluate the Company’s Ability to Continue as a Going Concern

When preparing financial statements for each annual and interim reporting period, management has the responsibility to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued. No such conditions or events were identified as of the issuance date of the financial statements contained in this Quarterly Report on Form 10-Q.

Change in Accounting Policies

Recognition and Measurement of Financial Assets and Financial Liabilities

On January 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities", which changed certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. As such, the Company now measures equity investments at fair value through net income, except for those that result in consolidation or are accounted for under the equity method. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjustment to reclassify $1.0 million of historical unrealized gains on the fair value adjustments as of December 31, 2017 of its investment in Simon Property Group (SPG) common shares from Accumulated Other Comprehensive Income (Loss) (AOCI) to Dividends in Excess of Net Income on the Company's Consolidated Balance Sheet. Beginning in January 2018, changes in the fair value of any outstanding SPG common shares are being recorded in Nonoperating Income, Net on the Company's Consolidated Statement of Operations and Comprehensive Income (Note 11).


8
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Cash Flow Statement Presentation

On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows. As a result, the Company changed the presentation of its Consolidated Statement of Cash Flows for both the nine months ended September 30, 2018 and 2017 to include restricted cash. Refer to Note 13 for a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU, the Company revisited its accounting policies and presentation in regards to cash, deposits, and other investments subject to restrictions. In doing so, the Company reclassified $119.2 million from Deferred Charges and Other Assets to Restricted Cash on the Consolidated Balance Sheet as of December 31, 2017, to conform to current year classifications.

On January 1, 2018, the Company adopted ASU No. 2016-15, "Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments", which clarified the presentation of certain cash receipts and payments, including the classification of distributions received from equity method investees, on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU on January 1, 2018, the Company re-evaluated its current methodology and retrospectively changed the presentation of the Consolidated Statement of Cash Flows for the nine months ended September 30, 2017 to re-classify prior year balances to correspond with current year classifications, specifically related to distributions received from equity method investees.

Adoption of Accounting Standards Codification (ASC) Topic 606 ("Revenue from Contracts with Customers")

General

On January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers. ASC Topic 606 provides a single comprehensive model to use in accounting for revenue arising from contracts with customers, and gains and losses arising from transfers of non-financial assets including sales of property and equipment, real estate, and intangible assets. The Company adopted ASC Topic 606 for all applicable contracts using the modified retrospective method, which would have required a cumulative-effect adjustment, if any, as of the date of adoption. The adoption of ASC Topic 606 did not have a material impact on the Company's consolidated financial statements as of the date of adoption, and therefore a cumulative-effect adjustment was not required.

The Company applied ASC Topic 606 using certain practical expedients. As a result of this election, the Company will not disclose the aggregate amount of the transaction price for unsatisfied, or partially unsatisfied, performance obligations for all contracts with an original expected length of one year or less and management contracts for which the Company recognizes revenue based on its right to invoice for management, leasing, and development services performed. Refer to the "Nature of Services and Performance Obligations" section for further discussion of these services.

Disaggregation of Revenue

The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company’s disaggregation of consolidated revenues for this purpose.
 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
 
2018
 
2017
 
2018
 
2017
Expense recoveries
 
$
52,096

 
$
51,960

 
$
154,177

 
$
154,385

Shopping center and other operational revenues (1)
 
12,303

 
10,948

 
33,940

 
29,452

Management, leasing, and development services
 
860

 
1,147

 
2,480

 
3,439

Total revenue from contracts with customers
 
$
65,259

 
$
64,055

 
$
190,597


$
187,276


(1)
Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income.




9
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Nature of Services and Performance Obligations

Expense recoveries revenue represents reimbursements from mall tenants for (1) services performed by the Company to the benefit of all mall tenants and the property as a whole for common area maintenance, (2) insurance, property taxes, and utilities, and (3) promotion and other miscellaneous charges. As these expense recoveries are provided for under tenant lease agreements, these revenues will not be evaluated under ASC Topic 606 until the Company's adoption of ASU No. 2016-02, Leases, which will be adopted as of January 1, 2019.

Shopping center and other operational revenues represent a collection of non-core revenue streams that are generated through the course of owning and operating a shopping center, including sponsorship, parking, and storage income, as well as revenues from food and beverage operations. The contracts for these revenue streams are predominately short-term in nature and individually do not contain more than one performance obligation. The Company satisfies its performance obligations related to shopping center and other operational revenues either over time or at a point in time, depending on the specific nature of the revenue generating activity. For performance obligations that are satisfied at a point in time, including food and beverage and parking income, the control of the good or service is immediately transferred to the customer upon completion of the performance obligation. Payment terms related to shopping center and other operational revenues vary depending on the nature of the agreement, however, payment is generally due directly upon the satisfaction of the related performance obligation.

Management, leasing, and development services revenue represents income from various services performed by the Company for its third party customers, as provided for under management agreements. These services typically generate fees that are based on operating results of the shopping centers, the execution and opening of mall tenants, and/or the successful completion of other agreed-upon services. As each management agreement provides for a variety of services, significant judgment is required to identify multiple performance obligations. The standalone selling price of each performance obligation is determined based on the terms of the management agreement and the specific services being rendered. Each performance obligation is considered to be satisfied over time as services are rendered. The related revenue is recognized upon billing, as the amounts invoiced generally correspond directly with the value the customer is receiving from the services. Customers are invoiced on quarterly basis and payment is generally due within 30 days of each calendar quarter.

Information about Contract Balances and Unsatisfied Performance Obligations

Contract assets exist when the Company has a right to payment for services rendered that remains conditional on factors other than the passage of time. Similarly, contract liabilities are incurred when customers prepay for services to be rendered. Certain revenue streams within shopping center and other operational revenues may give rise to contract assets and liabilities. However, these revenue streams are generally short-term in nature and the difference between revenue recognition and cash collection, although variable, does not differ significantly from period to period. As of September 30, 2018, the Company had an inconsequential amount of contract assets and liabilities.

The aggregate amount of the transaction price allocated to the Company's performance obligations that were unsatisfied, or partially unsatisfied, as of September 30, 2018 were inconsequential.


10
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 2 - Disposition, Redevelopments, and Developments

Disposition

Valencia Place Office Tower at Country Club Plaza

In March 2017, the Company's joint venture with The Macerich Company sold the Valencia Place office tower at Country Club Plaza for $75.2 million ($37.6 million at TRG's beneficial share), which was a component of the mixed-use property at the center. The joint venture recognized a gain on this sale, of which TRG's beneficial share, net of tax, was $2.1 million. The gain was included within Equity in income of Unconsolidated Joint Ventures on the Consolidated Statement of Operations and Comprehensive Income as the Company's 50% ownership interest in the office tower was accounted for as an Unconsolidated Joint Venture under the equity method.

Redevelopments

The Company has ongoing redevelopment projects at Beverly Center and The Mall at Green Hills, which are expected to be completed in 2018 and 2019, respectively. In total, these two redevelopment projects are expected to cost approximately $700 million. As of September 30, 2018, the Company's total capitalized costs related to these redevelopment projects were $536.5 million.

Asia Developments

Operating Center

CityOn.Zhengzhou, a shopping center located in Zhengzhou, China, opened in March 2017. This investment is classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.

South Korea Projects

The Company has partnered with Shinsegae Group, the Company's partner in Starfield Hanam, to build, lease, and manage Starfield Anseong, an approximately 1.1 million square foot shopping center in Anseong, Gyeonggi Province, South Korea. The Company expects to beneficially own a 24.5% interest in the project; however the Company currently owns and is funding 49% of the project until an additional capital partner is admitted. The center is scheduled to open in late 2020. As of September 30, 2018, the Company has invested $96.2 million in the project, after cumulative currency translation adjustments. This investment is classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.

The Company was previously exploring an additional development opportunity in South Korea with Shinsegae Group. In March 2017, the Company made a refundable deposit of $11.0 million relating to a potential development site. After performing due diligence, the Company decided not to proceed with the project. The deposit, including a 5% return, was returned to the Company in November 2017.


11
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 3 - Income Taxes

Income Tax Expense (Benefit)

The Company’s income tax expense (benefit) for the three and nine months ended September 30, 2018 and 2017 consisted of the following:

 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Federal current
$
(433
)
 
$
253

 
$
(373
)
 
$
(1,103
)
Federal deferred
(711
)
 
(204
)
 
(1,059
)
 
823

Foreign current
223

 
370

 
857

 
712

Foreign deferred
50

 
(176
)
 
(74
)
 
(136
)
State current
(113
)
 
(202
)
 
(110
)
 
(61
)
State deferred
(12
)
 
13

 
(25
)
 
140

Total income tax expense (benefit)
$
(996
)

$
54


$
(784
)
 
$
375


Deferred Taxes

Deferred tax assets and liabilities as of September 30, 2018 and December 31, 2017 were as follows:

 
2018
 
2017
Deferred tax assets:
 
 
 
Federal
$
5,665

(1) 
$
503

Foreign
1,816

 
1,788

State
1,037

 
545

Total deferred tax assets
$
8,518

 
$
2,836

Valuation allowances
(2,291
)
 
(1,620
)
Net deferred tax assets
$
6,227

 
$
1,216

Deferred tax liabilities:
 
 
 

Foreign
$
1,863

 
$
1,517

Total deferred tax liabilities
$
1,863

 
$
1,517


(1)
During 2018, a $4.1 million deferred tax asset was recognized for the Federal investment tax credit generated from solar equipment placed in service. A corresponding reduction in properties assets was recorded to reflect the deferral method of accounting for tax credits.

During the fourth quarter of 2017, the Tax Cuts and Jobs Act of 2017 was signed into law and reduced the corporate tax rate from 34% down to 21%. All Federal deferred tax assets and liabilities have been reported at the new 21% Federal corporate rate.

The Company believes that it is more likely than not that the results of future operations will generate sufficient taxable income to recognize the net deferred tax assets. These future operations are primarily dependent upon the Manager’s profitability, the timing and amounts of gains on peripheral land sales, the profitability of Taubman Asia's operations, and other factors affecting the results of operations of the taxable REIT subsidiaries. The valuation allowances relate to net operating loss carryforwards and tax basis differences where there is uncertainty regarding their realizability.


12
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 4 - Investments in Unconsolidated Joint Ventures

General Information

The Company owns beneficial interests in joint ventures that own shopping centers. The Operating Partnership is the sole direct or indirect managing general partner or managing member of Fair Oaks Mall, International Plaza, Stamford Town Center, Sunvalley, The Mall at University Town Center, and Westfarms; however, these joint ventures are accounted for under the equity method due to the substantive participation rights of the outside partners. The Operating Partnership also provides certain management, leasing, and/or development services to the other shopping centers noted below.
Shopping Center
 
Ownership as of
September 30, 2018 and
December 31, 2017
CityOn.Xi'an
 
50%
CityOn.Zhengzhou
 
49
Country Club Plaza
 
50
Fair Oaks Mall
 
50
International Plaza
 
50.1
The Mall at Millenia
 
50
Stamford Town Center
 
50
Starfield Anseong (under development)
 
Note 2
Starfield Hanam
 
34.3
Sunvalley
 
50
The Mall at University Town Center
 
50
Waterside Shops
 
50
Westfarms
 
79


The Company's carrying value of its investment in Unconsolidated Joint Ventures differs from its share of the partnership or members’ equity reported on the combined balance sheet of the Unconsolidated Joint Ventures due to (i) the Company's cost of its investment in excess of the historical net book values of the Unconsolidated Joint Ventures and (ii) the Operating Partnership’s adjustments to the book basis, including intercompany profits on sales of services that are capitalized by the Unconsolidated Joint Ventures. The Company's additional basis allocated to depreciable assets is recognized on a straight-line basis over 40 years. The Operating Partnership’s differences in bases are amortized over the useful lives or terms of the related assets and liabilities.

In its Consolidated Balance Sheet, the Company separately reports its investment in Unconsolidated Joint Ventures for which accumulated distributions have exceeded investments in and net income of the Unconsolidated Joint Ventures. The net equity of certain joint ventures is less than zero because distributions are usually greater than net income, as net income includes non-cash charges for depreciation and amortization. In addition, any distributions related to refinancing of the centers further decrease the net equity of the centers.

13
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Combined Financial Information

Combined balance sheet and results of operations information is presented in the following table for the Unconsolidated Joint Ventures, followed by the Operating Partnership's beneficial interest in the combined operations information. The combined financial information of the Unconsolidated Joint Ventures as of September 30, 2018 excludes the balances of Starfield Anseong, which was under development as of September 30, 2018 (Note 2). Beneficial interest is calculated based on the Operating Partnership's ownership interest in each of the Unconsolidated Joint Ventures.

 
September 30,
2018
 
December 31,
2017
Assets:
 
 
 
Properties
$
3,709,976

 
$
3,756,890

Accumulated depreciation and amortization
(838,955
)
 
(767,678
)
 
$
2,871,021

 
$
2,989,212

Cash and cash equivalents
171,616

 
147,102

Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017
129,216

 
121,173

Deferred charges and other assets
125,357

 
136,837

 
$
3,297,210

 
$
3,394,324

 
 
 
 
Liabilities and accumulated equity (deficiency) in assets:
 

 
 

Notes payable, net 
$
2,822,403

 
$
2,860,384

Accounts payable and other liabilities
432,663

 
471,948

TRG's accumulated deficiency in assets
(53,500
)
 
(48,338
)
Unconsolidated Joint Venture Partners' accumulated equity in assets
95,644

 
110,330

 
$
3,297,210

 
$
3,394,324

 
 
 
 
TRG's accumulated deficiency in assets (above)
$
(53,500
)
 
$
(48,338
)
TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou
140,011

 
46,106

TRG basis adjustments, including elimination of intercompany profit
58,422

 
63,886

TCO's additional basis
47,664

 
49,124

Net investment in Unconsolidated Joint Ventures
$
192,597

 
$
110,778

Distributions in excess of investments in and net income of Unconsolidated Joint Ventures
480,622

 
494,851

Investment in Unconsolidated Joint Ventures
$
673,219

 
$
605,629




14
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


 
Three Months Ended September 30
 
  Nine Months Ended September 30
 
2018
 
2017
 
2018
 
2017
Revenues
$
146,973

 
$
146,406

 
$
446,608

 
$
429,679

Maintenance, taxes, utilities, promotion, and other operating expenses
$
50,140

 
$
59,494

 
$
155,321

 
$
159,854

Interest expense
33,199

 
32,108

 
99,316

 
97,198

Depreciation and amortization
32,791

 
31,907

 
98,727

 
95,103

Total operating costs
$
116,130

 
$
123,509

 
$
353,364

 
$
352,155

Nonoperating income, net
563

 
340

 
1,491

 
2,551

Income tax expense
(1,896
)
 
(276
)
 
(4,740
)
 
(4,139
)
Gain on disposition, net of tax (1)


 
 
 


 
3,713

Net income
$
29,510

 
$
22,961

 
$
89,995

 
$
79,649

 
 
 
 
 
 
 
 
Net income attributable to TRG
$
15,193

 
$
12,585

 
$
46,435

 
$
42,833

Realized intercompany profit, net of depreciation on TRG’s basis adjustments
2,205

 
1,626

 
5,705

 
5,726

Depreciation of TCO's additional basis
(488
)
 
(488
)
 
(1,460
)
 
(1,460
)
Equity in income of Unconsolidated Joint Ventures
$
16,910

 
$
13,723

 
$
50,680

 
$
47,099

 
 
 
 
 
 
 
 
Beneficial interest in Unconsolidated Joint Ventures’ operations:
 

 
 

 
 

 
 

Revenues less maintenance, taxes, utilities, promotion, and other operating expenses
$
52,216

 
$
47,063

 
$
155,744

 
$
147,310

Interest expense
(17,093
)
 
(16,574
)
 
(51,107
)
 
(50,204
)
Depreciation and amortization
(17,190
)
 
(16,646
)
 
(51,570
)
 
(49,819
)
Income tax expense
(1,023
)
 
(120
)
 
(2,387
)
 
(2,271
)
Gain on disposition, net of tax (1)


 
 
 


 
2,083

Equity in income of Unconsolidated Joint Ventures
$
16,910

 
$
13,723

 
$
50,680

 
$
47,099


(1)Amount represents the gain related to the sale of the Valencia Place office tower at Country Club Plaza in March 2017 (Note 2).

Related Party

In 2016, the Company issued a note receivable to CityOn.Zhengzhou for purposes of funding development costs. The balance of the note receivable was $43.8 million and $46.1 million as of September 30, 2018 and December 31, 2017, respectively, and was classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.

15
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 5 - Beneficial Interest in Debt and Interest Expense

The Operating Partnership's beneficial interest in the debt, capitalized interest, and interest expense of its consolidated subsidiaries and its Unconsolidated Joint Ventures is summarized in the following table. The Operating Partnership's beneficial interest in the consolidated subsidiaries excludes debt and interest related to the noncontrolling interest in Cherry Creek Shopping Center (50%) and International Market Place (6.5%).
 
At 100%
 
At Beneficial Interest
 
 
Consolidated Subsidiaries
 
Unconsolidated Joint Ventures
 
Consolidated Subsidiaries
 
Unconsolidated Joint Ventures
 
Debt as of:
 
 
 
 
 
 
 
 
September 30, 2018
$
3,793,278

 
$
2,822,403

 
$
3,502,696

 
$
1,441,430

 
December 31, 2017
3,555,228

 
2,860,384

 
3,261,777

 
1,459,854

 
 
 
 
 
 
 
 
 
 
Capitalized interest:
 

 
 

 
 

 
 

 
Nine Months Ended September 30, 2018
$
12,266

(1) 
$
9

 
$
12,202

(1) 
$
4

 
Nine Months Ended September 30, 2017
9,552

(1) 
456

(2) 
9,480

(1) 
456

(2) 
 
 
 
 
 
 
 
 
 
Interest expense:
 

 
 

 
 

 
 

 
Nine Months Ended September 30, 2018
$
97,242

 
$
99,316

 
$
88,219

 
$
51,107

 
Nine Months Ended September 30, 2017
80,074

 
97,198

 
71,136

 
50,204

 

(1)
The Company capitalizes interest costs incurred in funding its equity contributions to development projects accounted for as Unconsolidated Joint Ventures. The capitalized interest cost is included in the Company's basis in its investment in Unconsolidated Joint Ventures. Such capitalized interest reduces interest expense on the Consolidated Statement of Operations and Comprehensive Income and in the table above is included within Consolidated Subsidiaries.
(2)
Capitalized interest on the Asia Unconsolidated Joint Venture construction financing is presented at the Company's beneficial interest in both the Unconsolidated Joint Ventures (at 100%) and Unconsolidated Joint Ventures (at Beneficial Interest) columns.

2018 Financings

In August 2018, a three-year, $250 million financing was completed for International Market Place. The payments on the loan, which bears interest at LIBOR plus 2.15%, are interest only for the initial three-year term. The interest rate may be reduced to LIBOR plus 1.85% upon the achievement of certain performance measures. There are two, one-year extension options. The Operating Partnership has provided an unconditional guarantee of the loan balance during the term of the loan. Proceeds from the financing were used to pay off the previous construction facility, which had a balance of $250.0 million after the Company made a repayment on the facility of $43.8 million in July 2018.

In March 2018, the Company completed a five-year, $250 million unsecured term loan. TRG is the borrower under the loan, which bears interest at a range of LIBOR plus 1.25% to LIBOR plus 1.90% based on the Company's total leverage ratio. The proceeds from this financing, in conjunction with the proceeds from the financing for Twelve Oaks Mall (see below), were used to pay off the Company's existing $475 million unsecured term loan. The Company's existing swaps on the $475 million unsecured term loan were applied to other unsecured debt, including the new $250 million unsecured term loan, resulting in an effective interest rate on the new term loan in the range of 2.89% to 3.54% through the remaining swap period ending in February 2019. The loan includes an accordion feature which would increase the Company's borrowing capacity to as much as $400 million if fully exercised, subject to obtaining additional lender commitments, customary closing conditions, covenant compliance, and minimum asset values for the unencumbered asset pool. In October 2018, the Company entered into forward starting swaps to fix the LIBOR rate to 3.02% on the $250 million unsecured term loan, effective from March 2019 through maturity, which will result in an effective interest rate in the range of 4.27% to 4.92%.

In February 2018, a 10-year, $300 million non-recourse financing was completed for Twelve Oaks Mall. The payments on the loan, which bears interest at a fixed interest rate of 4.85%, began in April 2018 and are amortizing principal based on 30 years. As a result of this financing, Twelve Oaks Mall was removed as a guarantor and an unencumbered asset under the primary unsecured revolving line of credit and the unsecured term loans.




16
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Upcoming Maturity

The $150 million loan for The Mall at Green Hills matures in December 2018. The Company plans to exercise the first of two one-year extension options upon maturity.

Debt Covenants and Guarantees

Certain loan agreements contain various restrictive covenants, including the following corporate covenants on the Company’s primary unsecured revolving line of credit, as well as the $300 million and $250 million unsecured term loans and the loan on International Market Place: a minimum net worth requirement, a maximum total leverage ratio, a maximum secured leverage ratio, a minimum fixed charge coverage ratio, a maximum recourse secured debt ratio, and a maximum payout ratio. In addition, the Company’s primary unsecured revolving line of credit and unsecured term loans have unencumbered pool covenants, which currently apply to Beverly Center, Dolphin Mall, and The Gardens on El Paseo on a combined basis. These covenants include a minimum number and minimum value of eligible unencumbered assets, a maximum unencumbered leverage ratio, a minimum unencumbered interest coverage ratio, and a minimum unencumbered asset occupancy ratio. As of September 30, 2018, the corporate total leverage ratio was the most restrictive covenant. The Company was in compliance with all of its covenants and loan obligations as of September 30, 2018. The maximum payout ratio covenant limits the payment of distributions generally to 95% of funds from operations, as defined in the loan agreements, except as required to maintain the Company’s tax status, pay preferred distributions, and for distributions related to the sale of certain assets.

In connection with the August 2018 financing at International Market Place, the Operating Partnership has provided an unconditional guarantee of the loan principal balance and all accrued but unpaid interest during the term of the loan. The $250.0 million International Market Place loan is non-amortizing during the initial three-year term with principal amortization required during the extension periods, if exercised. Accrued but unpaid interest as of September 30, 2018 was $0.8 million. The Company believes the likelihood of a repayment under the guarantee to be remote.

In connection with the $175 million additional financing at International Plaza, which is owned by an Unconsolidated Joint Venture, the Operating Partnership provided an unconditional and several guarantee of 50.1% of all obligations and liabilities related to an interest rate swap that was required on the debt for the term of the loan. As of September 30, 2018, the interest rate swap was an asset and in a receivable position for unpaid interest. The Company believes the likelihood of a payment under the guarantee to be remote.



17
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 6 - Noncontrolling Interests

Redeemable Noncontrolling Interests

Taubman Asia President

In September 2016, the Company announced the appointment of Peter Sharp (Successor Asia President) as president of Taubman Asia, a consolidated subsidiary, succeeding René Tremblay (Former Asia President) effective January 1, 2017. The Former Asia President was employed by the Company in another capacity through September 30, 2017.

The Former Asia President has an ownership interest in Taubman Asia. This interest entitles the Former Asia President to 5% of Taubman Asia's dividends, with 85% of his dividends relating to investment activities undergone prior to the Successor Asia President obtaining an ownership interest (see below) being withheld as contributions to capital. These withholdings will continue until he contributes and maintains his capital consistent with his percentage ownership interest, including all capital funded by the Operating Partnership for Taubman Asia's operating and investment activities subsequent to the Former Asia President obtaining his ownership interest. The Operating Partnership has a preferred investment in Taubman Asia to the extent the Former Asia President has not yet contributed capital commensurate with his ownership interest. This preferred investment accrues an annual preferential return equal to the Operating Partnership's average borrowing rate (with the preferred investment and accrued return together being referred to herein as the preferred interest). In addition, Taubman Asia has the ability to call, and the Former Asia President has the ability to put, the Former Asia President’s ownership interest upon Taubman Asia's properties reaching certain specified milestones. The redemption price for the ownership interest is the fair value of the ownership interest less the amount required to return the Operating Partnership's preferred interest. The Company has determined that the Former Asia President's ownership interest in Taubman Asia qualifies as an equity award, considering its specific redemption provisions, and accounts for it as a contingently redeemable noncontrolling interest. The Company presents as temporary equity at each balance sheet date an estimate of the redemption value of the ownership interest, therefore falling into level 3 of the fair value hierarchy. As of both September 30, 2018 and December 31, 2017, the carrying amount of this redeemable equity was $7.5 million. Any adjustments to the redemption value are recorded through equity.

In April 2016, the Company reacquired half of the Former Asia President’s previous 10% ownership interest in Taubman Asia for $7.2 million. The Former Asia President contributed $2 million to Taubman Asia, which may be returned, in part or in whole, upon satisfaction of the re-evaluation of the full liquidation value of Taubman Asia as of April 2016; such re-evaluation will be performed at the Former Asia President's election on or after the third anniversary of the opening of specified Asia projects. The Former Asia President’s current 5% interest is puttable beginning in 2019 at the earliest and was classified as Redeemable Noncontrolling Interest on the Consolidated Balance Sheet.

The Successor Asia President also has an ownership interest in Taubman Asia. This interest entitles the Successor Asia President to 3% of Taubman Asia's dividends for investment activities undergone by Taubman Asia subsequent to him obtaining his ownership interest, with all of his dividends being withheld as contributions to capital. These withholdings will continue until he contributes and maintains his capital consistent with his percentage ownership interest, including all capital funded by the Operating Partnership for Taubman Asia's operating and investment activities subsequent to the Successor Asia President obtaining his ownership interest. The Operating Partnership has a preferred investment in Taubman Asia to the extent the Successor Asia President has not yet contributed capital commensurate with his ownership interest. This preferred investment accrues an annual preferential return equal to the Operating Partnership's average borrowing rate (with the preferred investment and accrued return together being referred to herein as the preferred interest). In addition, Taubman Asia has the ability to call, and the Successor Asia President has the ability to put, the Successor Asia President’s ownership interest upon specified terminations of the Successor Asia President’s employment, although such put or call right may not be exercised for specified time periods after certain termination events. The redemption price for the ownership interest is 50% (increasing to 100% as early as January 2022) of the fair value of the ownership interest less the amount required to return the Operating Partnership's preferred interest. The Company has determined that the Successor Asia President's ownership interest in Taubman Asia qualifies as an equity award, considering its specific redemption provisions, and accounts for it as a contingently redeemable noncontrolling interest. As of September 30, 2018, the carrying amount of this redeemable equity was zero. Any adjustments to the redemption value are recorded through equity.








18
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


International Market Place

The Company owns a 93.5% controlling interest in a joint venture that owns International Market Place in Waikiki, Honolulu, Hawaii, which opened in August 2016. The 6.5% joint venture partner has no obligation and no right to contribute capital. The Company is entitled to a preferential return on its capital contributions. The Company has the right to purchase the joint venture partner's interest and the joint venture partner has the right to require the Company to purchase the joint venture partner's interest after the third anniversary of the opening of the center, and annually thereafter. The purchase price of the joint venture partner's interest will be based on fair value. Considering the redemption provisions, the Company accounts for the joint venture partner's interest as a contingently redeemable noncontrolling interest with a carrying value of zero at both September 30, 2018 and December 31, 2017. Any adjustments to the redemption value are recorded through equity.

Reconciliation of Redeemable Noncontrolling Interest
 
Nine Months Ended September 30
 
2018
 
2017
Balance, January 1
$
7,500

 
$
8,704

Former Taubman Asia President vested redeemable equity


 
446

Allocation of net loss
(135
)
 
(721
)
Adjustments of redeemable noncontrolling interest
135

 
721

Balance, September 30
$
7,500

 
$
9,150


Equity Balances of Non-redeemable Noncontrolling Interests

The net equity balance of the non-redeemable noncontrolling interests as of September 30, 2018 and December 31, 2017 included the following:
 
2018
 
2017
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(157,838
)
 
$
(160,359
)
Noncontrolling interests in partnership equity of TRG
(40,163
)
 
(11,909
)
 
$
(198,001
)
 
$
(172,268
)

Net Income (Loss) Attributable to Noncontrolling Interests

Net income (loss) attributable to the noncontrolling interests for the three months ended September 30, 2018 and 2017 included the following:
 
Three Months Ended September 30
 
2018
 
2017
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
1,589

 
$
1,524

Noncontrolling share of income of TRG
9,192

 
2,298

 
$
10,781

 
$
3,822

Redeemable noncontrolling interest:
(25
)
 
(294
)
 
$
10,756

 
$
3,528



19
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Net income (loss) attributable to the noncontrolling interests for the nine months ended September 30, 2018 and 2017 included the following:
 
Nine Months Ended September 30
 
2018
 
2017
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
4,523

 
$
5,000

Noncontrolling share of income of TRG
24,393

 
16,302

 
$
28,916

 
$
21,302

Redeemable noncontrolling interest:
(135
)
 
(721
)
 
$
28,781

 
$
20,581


Equity Transactions

The following table presents the effects of changes in Taubman Centers, Inc.’s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.’s equity for the nine months ended September 30, 2018 and 2017:
 
Nine Months Ended September 30
 
2018
 
2017
Net income attributable to Taubman Centers, Inc. common shareowners
$
54,873

 
$
35,016

Transfers (to) from the noncontrolling interest:
 

 
 

(Decrease) increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)
(211
)
 
(490
)
Net transfers (to) from noncontrolling interests
(211
)
 
(490
)
Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests
$
54,662

 
$
34,526


(1)
In 2018 and 2017, adjustments of the noncontrolling interest were made as a result of changes in the Company's ownership of the Operating Partnership in connection with the Company's share-based compensation under employee and director benefit plans (Note 8), issuances of common stock pursuant to the Continuing Offer (Note 9), and in connection with the accounting for the Former Asia President's redeemable ownership interest.

Finite Life Entities

ASC Topic 480, “Distinguishing Liabilities from Equity” establishes standards for classifying and measuring as liabilities certain financial instruments that embody obligations of the issuer and have characteristics of both liabilities and equity. At September 30, 2018, the Company held a controlling interest in a consolidated entity with a specified termination date in 2083. The noncontrolling owners' interest in this entity is to be settled upon termination by distribution or transfer of either cash or specific assets of the underlying entity. The estimated fair value of this noncontrolling interest was approximately $360 million at September 30, 2018, compared to a book value of $(157.8) million that is classified in Noncontrolling Interests on the Company’s Consolidated Balance Sheet. The fair value of the noncontrolling interest was calculated as the noncontrolling interest's effective ownership share of the underlying property's fair value. The property's fair value was estimated by considering its in-place net operating income, current market capitalization rate, and mortgage debt outstanding.

Note 7 - Derivative and Hedging Activities

Risk Management Objective and Strategies for Using Derivatives

The Company uses derivative instruments, such as interest rate swaps and interest rate caps, primarily to manage exposure to interest rate risks inherent in variable rate debt and refinancings. The Company may also enter into forward starting swaps or treasury lock agreements to set the effective interest rate on a planned fixed-rate financing. The Company’s interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Interest rate caps involve the receipt of variable-rate amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium. In a forward starting swap or treasury lock agreement that the Company cash settles in anticipation of a fixed rate financing or refinancing, the Company will receive or pay an amount equal to the present value of future cash flow payments based on the difference between the contract rate and market rate on the settlement date.

20
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


The Company does not use derivatives for trading or speculative purposes and currently does not have any derivatives that are not designated as hedging instruments under the accounting requirements for derivatives and hedging.

As of September 30, 2018, the Company had the following outstanding derivatives that were designated and are expected to be effective as cash flow hedges of the interest payments and/or the currency exchange rate on the associated debt.
Instrument Type

Ownership

Notional Amount

Swap Rate

Credit Spread on Loan

Total Swapped Rate on Loan

Maturity Date
Consolidated Subsidiaries:

 

 
 
 
 
 
 
 
 
 
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

$
200,000

 
1.64
%
 
1.90
%
(1) 
3.54
%
(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

175,000

 
1.65
%
 
1.70
%
(1) 
3.35
%
(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

100,000

 
1.64
%
 
1.90% / 1.70%

(1) 
3.54% / 3.34%

(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
100,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
100,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
50,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
50,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (3)
 
100
%
 
12,000

 
2.09
%
 
1.40
%
 
3.49
%
 
March 2024
Unconsolidated Joint Ventures:

 


 

 
 

 
 

 
 

 
 
Receive variable (LIBOR) /pay-fixed swap (4)
 
50.1
%
 
163,072

 
1.83
%
 
1.75
%
 
3.58
%
 
December 2021
Receive variable (LIBOR) USD/pay-fixed Korean Won (KRW) cross-currency interest rate swap (5)
 
34.3
%
 
52,065 USD / 60,500,000 KRW

 
1.52
%
 
1.60
%
 
3.12
%
 
September 2020

(1)
The hedged forecasted transaction for each of these swaps is the first previously unhedged one-month LIBOR-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on the $250 million unsecured term loan and $225 million on the $1.1 billion primary unsecured revolving line of credit. The credit spreads on these loans can vary within a range of 1.25% to 1.90% on the $250 million unsecured term loan and 1.15% to 1.70% on the primary unsecured revolving line of credit, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of 2.89% to 3.54% on the $250 million unsecured term loan and 2.80% to 3.35% on $225 million of the $1.1 billion primary unsecured revolving line of credit during the remaining swap period. In October 2018, the Company entered into forward starting swaps on the $250 million unsecured term loan (see "Note 5 - Beneficial Interest in Debt and Interest Expense - 2018 Financings").
(2)
The hedged forecasted transaction for each of these swaps is the first previously unhedged one-month LIBOR-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on its $300 million unsecured term loan. The credit spread on this loan can vary within a range of 1.25% to 1.90%, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of 3.39% to 4.04% during the swap period.
(3)
The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on the U.S. headquarters building.
(4)
The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on International Plaza.
(5)
The notional amount on this swap is equal to the outstanding principal balance of the U.S. dollar construction loan for Starfield Hanam. There is a cross-currency interest rate swap to fix the interest rate on the loan and swap the related principal and interest payments from U.S. dollars to KRW in order to reduce the impact of fluctuations in interest rates and exchange rates on the cash flows of the joint venture. The currency swap exchange rate is 1,162.0.



21
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Cash Flow Hedges

On January 1, 2018, the Company early adopted ASU No. 2017-12, "Targeted Improvements to Accounting for Hedging Activities", which provided changes in hedge accounting recognition and presentation requirements. The Company now recognizes all changes in fair value for hedging instruments designated and qualifying for cash flow hedge accounting treatment as a component of Other Comprehensive Income (OCI), as opposed to previously recognizing the ineffective portion, if any, directly in earnings. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjusting entry to reclassify an inconsequential amount of previous hedge ineffectiveness for cash flow hedges from Dividends in Excess of Net Income to AOCI on the Company's Consolidated Balance Sheet.

For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the unrealized gain or loss on the derivative is reported as a component of OCI. Prior to the adoption of ASU No. 2017-12 on January 1, 2018, the ineffective portion of the change in fair value, if any, was recognized directly in earnings. Beginning January 1, 2018, all unrealized gains or losses on the derivatives are reported as components of OCI. Net realized gains or losses resulting from derivatives that were settled in conjunction with planned fixed-rate financings or refinancings continue to be included in AOCI during the term of the hedged debt transaction.

Amounts reported in AOCI related to currently outstanding interest rate derivatives are recognized as an adjustment to income as interest payments are made on the Company’s variable-rate debt. Realized gains or losses on settled derivative instruments included in AOCI are recognized as an adjustment to income over the term of the hedged debt transaction. Amounts reported in AOCI related to the cross-currency interest rate swap are recognized as an adjustment to income as transaction gains or losses arising from the remeasurement of foreign currency denominated loans are recognized and as actual interest and principal obligations are repaid.

The Company expects that approximately $3.8 million of the AOCI of Taubman Centers, Inc. and the noncontrolling interests will be reclassified from AOCI and recognized as an increase to income in the following 12 months.

The following tables present the effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income for the three and nine months ended September 30, 2018 and 2017. The tables include the amount of gains or losses on outstanding derivative instruments recognized in OCI in cash flow hedging relationships and the location and amount of gains or losses reclassified from AOCI into income resulting from outstanding derivative instruments.
 
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Three Months Ended September 30
 
 
 
Three Months Ended September 30
 
2018
 
2017
 
 
 
2018
 
2017
Derivatives in cash flow hedging relationships:
 
 
 
 

 
 
 
 
Interest rate contracts – consolidated subsidiaries
$
756

 
$
472

 
Interest Expense
 
$
506

 
$
(533
)
Interest rate contracts – UJVs
235

 
454

 
Equity in Income of UJVs
 
(1
)
 
(523
)
Cross-currency interest rate contract – UJV
92

 
(13
)
 
Equity in Income of UJVs
 
(36
)
 
22

Total derivatives in cash flow hedging relationships
$
1,083

 
$
913

 
 
 
$
469

 
$
(1,034
)


22
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


 
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Nine Months Ended September 30
 
 
 
Nine Months Ended September 30
 
2018
 
2017
 
 
 
2018
 
2017
Derivatives in cash flow hedging relationships:
 
 
 
 

 
 
 
 
Interest rate contracts – consolidated subsidiaries
$
8,674

 
$
(257
)
 
Interest Expense
 
$
205

 
$
(2,409
)
Interest rate contracts – UJVs
2,101

 
1,693

 
Equity in Income of UJVs
 
(287
)
 
(1,920
)
Cross-currency interest rate contract – UJV
(90
)
 
(32
)
 
Equity in Income of UJVs
 
781

 
(982
)
Total derivatives in cash flow hedging relationships
$
10,685

 
$
1,404

 
 
 
$
699

 
$
(5,311
)

The Company records all derivative instruments at fair value on the Consolidated Balance Sheet. The following table presents the location and fair value of the Company’s derivative financial instruments as reported on the Consolidated Balance Sheet as of September 30, 2018 and December 31, 2017.
 
 
 
Fair Value
 
Consolidated Balance Sheet Location
 
September 30,
2018
 
December 31,
2017
Derivatives designated as hedging instruments:
 
 
 
 
 
Asset derivatives:
 
 
 
 
 
Interest rate contracts – consolidated subsidiaries
Deferred Charges and Other Assets
 
$
9,128

 
$
939

Interest rate contract - UJV
Investment in UJVs
 
2,504

 
760

Total assets designated as hedging instruments
 
 
$
11,632

 
$
1,699

 
 
 
 
 
 
Liability derivatives:
 
 
 

 
 
Interest rate contracts – consolidated subsidiary
Accounts Payable and Accrued Liabilities
 


 
$
(484
)
Interest rate contracts – UJV
Investment in UJVs
 


 
(357
)
Cross-currency interest rate contract – UJV
Investment in UJVs
 
$
(940
)
 
(1,630
)
Total liabilities designated as hedging instruments
 
 
$
(940
)
 
$
(2,471
)

Contingent Features

All of the Company's outstanding derivatives contain provisions that state if the hedged entity defaults on its indebtedness above a certain threshold, then the derivative obligation could also be declared in default. The cross default thresholds vary for each agreement, ranging from $0.1 million of any indebtedness to $50 million of indebtedness on the Operating Partnership's indebtedness. As of September 30, 2018, the Company is not in default on any indebtedness that would trigger a credit-risk-related default on its current outstanding derivatives.
As of September 30, 2018 and December 31, 2017, the fair value of derivative instruments with credit-risk-related contingent features that were in a liability position was $0.9 million and $2.5 million, respectively. As of September 30, 2018 and December 31, 2017, the Company was not required to post any collateral related to these agreements. If the Company breached any of these provisions it would be required to settle its obligations under the agreements at their fair value. See Note 5 regarding guarantees and Note 11 for fair value information on derivatives.

23
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 8 - Share-Based Compensation

General

In May 2018, the Company’s shareowners approved The Taubman Company LLC 2018 Omnibus Long-Term Incentive Plan (2018 Omnibus Plan). The 2018 Omnibus Plan provides for the award to directors, officers, employees, and other service providers of the Company and its affiliates of restricted shares, restricted share units, restricted profits units of TRG (TRG Profits Units), options to purchase common shares, unrestricted shares, and dividend equivalent rights, in each case with or without performance conditions, to acquire up to an aggregate of 2.8 million common shares or TRG Profits Units. Every share or TRG Profits Unit subject to awards under the 2018 Omnibus Plan shall be counted against this limit as one share or TRG Profits Unit for every one share or TRG Profits Unit granted. The amount of shares or TRG Profits Units available for future grants is adjusted when the number of contingently issuable common shares or units are settled. If an award issued under the 2018 Omnibus Plan is forfeited, expires without being exercised, or is used to pay tax withholding on such award, the shares of TRG Profits Units become available for issuance under new award. TRG Profits Units are intended to constitute "profits interests" within the meaning of Treasury authority under the Internal Revenue Code of 1986, as amended. In addition, non-employee directors have the option to defer their compensation under a deferred compensation plan. The 2018 Omnibus Plan allows the Company to permit or require the deferral of all or a part of an award payment into a deferred compensation arrangement. Prior to the adoption of the 2018 Omnibus Plan, the Company provided share-based compensation through The Taubman Company LLC 2008 Omnibus Long-Term Incentive Plan (2008 Omnibus Plan), as amended, which expired in May 2018.

2018 Awards - TRG Profits Units

During 2018, the following types of TRG Profits Units awards were granted to certain senior management employees: (1) a time-based award with a three-year cliff vesting period (Restricted TRG Profits Units); (2) a performance-based award that is based on the achievement of relative total shareholder return (TSR) over a three-year period (Relative TSR Performance-based TRG Profits Units); and (3) a performance-based award that is based on the achievement of net operating income (NOI) over a three-year period (NOI Performance-based TRG Profits Units). The maximum number of Relative TSR and NOI Performance-based TRG Profits Units are issued at grant, eventually subject to a recovery and cancellation of previously granted amounts depending on actual performance against TSR and NOI measures over the three-year performance measurement period. NOI Performance-based TRG Profits Units provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved. Relative TSR and NOI Performance-based TRG Profits Units are generally subject to the same performance measures as the TSR-Based and NOI-Based Performance Share Units (see 2018 Awards - Other Management Employee Grants below). Despite the difference in scaling of the grant programs, the final outcome of the TSR and NOI performance measures will result in similar numbers of either TRG Units or common shares being issued at vesting under the TRG Profits Units program and the Performance Share Unit program, respectively.

Each such award represents a contingent right to receive a TRG Unit upon vesting and the satisfaction of certain tax-driven requirements and, as to the TSR and NOI Performance-based TRG Profits Units, the satisfaction of certain performance-based requirements. Until vested, a TRG Profits Unit entitles the holder to only one-tenth of the distributions otherwise payable by TRG on a TRG Unit. Therefore, the Company accounts for these TRG Profits Units as participating securities in the Operating Partnership. A portion of the TRG Profits Units award represents estimated cash distributions that otherwise would have been payable during the vesting period and, upon vesting, there will be an adjustment in actual number of TRG Profits Units realized under each award to reflect the Operating Partnership's actual cash distributions during the vesting period.

All TRG Profits Units issued in 2018 vest in March 2021, if continuous service has been provided, or upon retirement or certain other events (such as death or disability) if earlier. Each holder of a TRG Profits Unit will be treated as a limited partner in TRG from the date of grant. To the extent the vested TRG Profits Units have not achieved the applicable criteria for conversion to TRG Units, vesting and economic equivalence to a TRG Unit prior to the tenth anniversary of the date of grant, the awards will be forfeited pursuant to the terms of the award agreement.


24
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


2018 Awards - Other Management Employee Grants

During 2018, other types of awards granted to management employees include those described below. These vest in March 2021, if continuous service has been provided, or upon retirement or certain other events (such as death or disability) if earlier.

TSR - Based Performance Share Units (TSR PSU) - Each TSR PSU represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the TSR PSU based on the Company's market performance relative to that of a peer group. The TSR PSU grants include a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period.

NOI - Based Performance Share Units (NOI PSU) - Each NOI PSU represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the NOI PSU based on the Company's NOI performance, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period. These awards also provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved.
Restricted Share Units (RSU) - Each RSU represents the right to receive upon vesting one share of common stock, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period.

Expensed and Capitalized Costs

The compensation cost charged to income for the Company’s share-based compensation plans was $2.3 million and $6.9 million for the three and nine months ended September 30, 2018, respectively. The compensation cost charged to income for the Company’s share-based compensation plans was $2.8 million and $8.3 million for the three and nine months ended September 30, 2017, respectively. Compensation cost capitalized as part of properties and deferred leasing costs was $0.2 million and $0.7 million for the three and nine months ended September 30, 2018, respectively, and $0.3 million and $0.6 million for the three and nine months ended September 30, 2017, respectively.

Valuation Methodologies

The Company estimated the grant-date fair values of share-based grants using the methods as follows. Expected volatility and dividend yields are based on historical volatility and yields of the Company’s common stock, respectively, as well as other factors. The risk-free interest rates used are based on the U.S. Treasury yield curves in effect at the grant date. The Company assumes no forfeitures for failure to meet the service requirement of Performance Share Units (PSU) or TRG Profits Units, due to the small number of participants and low turnover rate.

The valuations of all grants utilized the Company's common stock price at the grant date. Common stock prices when used in valuing TRG Profits Units are further adjusted by the present value of expected differences in dividends payable on the common stock versus the distributions payable on the TRG Profits Units over the vesting period. The Company estimated the value of grants dependent on TSR performance using a Monte Carlo simulation and considering historical returns of the Company and the peer group.

For awards dependent on NOI performance, the Company considers the NOI measure a performance condition under applicable accounting standards, and as such, has estimated a grant-date fair value for each of its possible outcomes. The compensation cost ultimately will be recognized equal to the grant-date fair value of the award that coincides with the actual outcome of the NOI performance. The weighted average grant-date fair value shown for NOI-dependent awards corresponds with management's current expectation of the probable outcome of the NOI performance measure. The product of the NOI-dependent awards outstanding and the grant-date fair value represents the compensation cost being recognized over the service periods.

The valuations of TRG Profits Units consider the possibility that sufficient share price appreciation will not be realized, such that the conversion to TRG Units will not occur and the awards will be forfeited.


25
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Summaries of Activity for the Nine Months Ended September 30, 2018

Restricted TRG Profits Units
 
Number of Restricted TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
61,131

 
$
59.08

Granted
8,154

 
49.29

Outstanding at September 30, 2018
69,285

 
$
57.93

 
 
 
 
Fully vested at September 30, 2018
3,826

 
$
59.03


As of September 30, 2018, there was $1.1 million of total unrecognized compensation cost related to nonvested Restricted TRG Profits Units outstanding. This cost is expected to be recognized over an average period of 1.4 years.

Relative TSR Performance-based TRG Profits Units
 
Number of relative TSR Performance-based TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
129,733

 
$
25.59

Granted
18,345

 
22.22

Outstanding at September 30, 2018
148,078

 
$
25.17

 
 
 
 
Fully vested at September 30, 2018
797

 
$
23.14


As of September 30, 2018, there was $1.1 million of total unrecognized compensation cost related to nonvested Relative TSR Performance-based TRG Profits Units outstanding. This cost is expected to be recognized over an average period of 1.4 years.

NOI Performance-based TRG Profits Units
 
Number of NOI Performance-based TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
131,604

 
$
19.69

Granted
18,345

 
16.43

Outstanding at September 30, 2018
149,949

 
$
19.28

 
 
 
 
Fully vested at September 30, 2018
2,668

 
$
33.56

    
As of September 30, 2018, there was $0.8 million of total unrecognized compensation cost related to nonvested NOI Performance-based TRG Profits Units outstanding. This cost is expected to be recognized over an average period of 1.4 years.


26
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


TSR - Based Performance Share Units
 
Number of TSR PSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
40,850

 
$
107.38

Vested
(37,046
)
(1) 
110.19

Granted
10,393

 
78.82

Outstanding at September 30, 2018
14,197

 
$
79.13

    
(1)
Based on the Company's market performance relative to that of a peer group, the actual number of shares of common stock issued upon vesting during the nine months ended September 30, 2018 was 45,941 shares (1.24x) for the TSR PSU. That is, despite the completion of the applicable employee service requirements, the number of shares ultimately considered earned is determined by the extent to which the TSR market performance measure was achieved during the performance period.

As of September 30, 2018, there was $0.8 million of total unrecognized compensation cost related to nonvested TSR PSU outstanding. This cost is expected to be recognized over an average period of 2.0 years.

NOI - Based Performance Share Units
 
Number of NOI PSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
3,804

 
$
67.00

Granted
10,393

 
58.28

Outstanding at September 30, 2018
14,197

 
$
60.59


As of September 30, 2018, there was $0.6 million of total unrecognized compensation cost related to nonvested NOI PSU outstanding. This cost is expected to be recognized over an average period of 2.0 years.

Restricted Share Units
 
Number of RSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018 (1)
195,021

 
$
69.22

Vested
(73,294
)
 
73.91

Granted
69,931

 
58.28

Forfeited
(4,817
)
 
62.18

Outstanding at September 30, 2018
186,841

 
$
63.46


(1)
The beginning balance outstanding and associated grant-date fair value were adjusted immaterially from previously reported amounts to reflect the actual number of RSU outstanding as of January 1, 2018.

As of September 30, 2018, there was $5.7 million of total unrecognized compensation cost related to nonvested RSU outstanding. This cost is expected to be recognized over an average period of 1.7 years.

Unit Option Deferral Election

Under a prior option plan, the 2008 Omnibus Plan, and the 2018 Omnibus Plan, vested unit options can be exercised by tendering mature units with a market value equal to the exercise price of the unit options. In 2002, Robert S. Taubman, the Company’s chief executive officer, exercised options for 3.0 million units by tendering 2.1 million mature units and deferring receipt of 0.9 million units under the unit option deferral election. As the Operating Partnership pays distributions, the deferred option units receive their proportionate share of the distributions in the form of cash payments. Under an amendment executed in January 2011 and subsequent deferral elections (the latest being made in September 2016), beginning in December 2022 (unless Mr. Taubman retires earlier), the deferred options units will be issued as TRG Units in five annual installments. The deferred option units are accounted for as participating securities of the Operating Partnership.



27
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 9 - Commitments and Contingencies

Cash Tender

At the time of the Company's initial public offering and acquisition of its partnership interest in TRG in 1992, the Company entered into an agreement (the Cash Tender Agreement) with the A. Alfred Taubman Restated Revocable Trust (the Revocable Trust) and TRA Partners (now Taubman Ventures Group LLC or TVG), each of whom owned an interest in TRG, whereby each of the Revocable Trust and TVG (and/or any assignee of the Revocable Trust or TVG) has the right to tender to the Company TRG Units (provided that if the tendering party is tendering less than all of its TRG Units, the aggregate value is at least $50 million) and cause the Company to purchase the tendered interests at a purchase price based on a market valuation of the Company on the trading date immediately preceding the date of the tender (except as otherwise provided below). TVG is controlled by a majority-in-interest among the Revocable Trust and entities affiliated with the children of A. Alfred Taubman (Robert S. Taubman, William S. Taubman, and Gayle Taubman Kalisman). At the election of the tendering party, TRG Units held by members of A. Alfred Taubman’s family and TRG Units held by entities in which his family members hold interests may be included in such a tender.

The Company will have the option to pay for these interests from available cash, borrowed funds, or from the proceeds of an offering of common stock. Generally, the Company expects to finance these purchases through the sale of new shares of its common stock. The tendering partner will bear all market risk if the market price at closing is less than the purchase price and will bear the costs of sale. Any proceeds of the offering in excess of the purchase price will be for the sole benefit of the Company. The Company accounts for the Cash Tender Agreement as a freestanding written put option. As the option put price is defined by the current market price of the Company's stock at the time of tender, the fair value of the written option defined by the Cash Tender Agreement is considered to be zero.

Based on a market value at September 30, 2018 of $59.83 per share for the Company's common stock, the aggregate value of TRG Units that may be tendered under the Cash Tender Agreement was $1.4 billion. The purchase of these interests at September 30, 2018 would have resulted in the Company owning an additional 28% interest in TRG.

Continuing Offer

The Company has made a continuing, irrevocable offer (the Continuing Offer) to all present holders of TRG Units (other than a certain excluded holder, currently TVG), permitted assignees of all present holders of TRG Units, those future holders of TRG Units as the Company may, in its sole discretion, agree to include in the Continuing Offer, all existing optionees under the previous option plan and the 2008 Omnibus Plan, and all existing and future optionees under the 2018 Omnibus Plan to exchange shares of common stock for TRG Units. Under the Continuing Offer agreement, one TRG Unit is exchangeable for one share of common stock. Upon a tender of TRG Units, the corresponding shares of Series B Preferred Stock, if any, will automatically be converted into common stock at a ratio of 14,000 shares of Series B Preferred Stock for one share of common stock.

Insurance

The Company carries liability insurance to mitigate its exposure to certain losses, including those relating to personal injury claims. We believe the Company's insurance policy terms and conditions and limits are appropriate and adequate given the relative risk of loss and industry practice. However, there are certain types of losses, such as punitive damage awards, which may not be covered by insurance, and not all potential losses are insured against.


28
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Hurricane Maria and The Mall of San Juan

In the third quarter of 2017, The Mall of San Juan experienced certain interior water damage, impacts to exterior landscaping and signage, and significant damage to both Nordstrom and Saks Fifth Avenue as a result of Hurricane Maria. The Company has substantial insurance to cover hurricane and flood damage, as well as business and service interruption. The business interruption coverage commences at time of loss and continues for one year after the damage is fully repaired. The Company's hurricane coverage includes a single deductible of $2 million and policy limits of $900 million, all subject to various terms and conditions.
As of September 30, 2018, the Company has not yet received insurance proceeds related to its business interruption claim. The Company has submitted a preliminary claim to its insurer and is currently in discussions related to the amount to be received and timing of payment. During the three and nine months ended September 30, 2018, the Company recorded $0.1 million and $1.1 million, respectively, of insurance recoveries related to reimbursement of expensed costs within Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income. Additionally, during the nine months ended September 30, 2018, the Company recognized a reduction of $4.9 million of depreciation expense relating to insurance proceeds received for property damage for which the Company took write-offs in 2017. During the three months ended September 30, 2018, the Company did not recognize any such reduction of depreciation expense. During both the three and nine months ended September 30, 2017, the Company recognized an estimated expense of $2.0 million related to property damage, included within depreciation expense. The Company continues to assess physical loss and will update its estimates if necessary.
On October 17, 2017, Plaza Internacional Puerto Rico LLC (Plaza Internacional), the owner of The Mall of San Juan (the Mall), filed a civil action in the Commonwealth of Puerto Rico Court of First Instance, San Juan Judicial Center, Superior Court, Civil No. SJ2017CV02094 (503), against Saks Fifth Avenue Puerto Rico, Inc. (Saks PR), and Saks Incorporated (Saks Inc.). The lawsuit asks the court to compel Saks PR and Saks Inc. to immediately remediate and repair the Saks Fifth Avenue store (the Store) that was damaged by Hurricane Maria on September 20, 2017, to reopen the Store on the completion of the reconstruction, and to operate the Store in accordance with the Operating Covenant contained in the Construction, Operation and Reciprocal Easement Agreement among Plaza Internacional, Saks PR, and Nordstrom Puerto Rico LLC (Nordstrom PR) made as of April 23, 2013 (the REA). In response, Saks PR and Saks Inc. filed a Counterclaim, alleging that they have no obligation to repair, remediate, reconstruct, or reopen the Store, asserting various alleged breaches of the REA and other operating agreements. Plaza Internacional filed a motion for a preliminary injunction directing Saks PR to repair, reopen, and operate the Store, but, on March 28, 2018, the Court of First Instance denied Plaza Internacional’s motion, and, on September 12, 2018, the Court of Appeals of Puerto Rico affirmed that ruling, each without prejudging the merits of the substantive claims. Should Saks PR prevail in the action, Nordstrom PR and other Mall tenants may then have the right to terminate their own operating covenants or leases. Plaza Internacional is vigorously prosecuting its claims and defending the Counterclaim. The outcome of the action cannot be predicted, and, at this time, the Company is unable to estimate the amount of loss that could result from an unfavorable outcome. An unfavorable outcome may have a material and adverse effect on the Company's business and its results of operations.
Other

See Note 5 for the Operating Partnership's guarantees of certain notes payable, including guarantees relating to Unconsolidated Joint Ventures, Note 6 for contingent features relating to certain joint venture agreements, Note 7 for contingent features relating to derivative instruments, and Note 8 for obligations under existing share-based compensation plans.

29
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 10 - Earnings Per Common Share

Basic earnings per common share amounts are based on the weighted average of common shares outstanding for the respective periods. Diluted earnings per common share amounts are based on the weighted average of common shares outstanding plus the dilutive effect of potential common stock. Potential common stock includes outstanding TRG Units exchangeable for common shares under the Continuing Offer (Note 9), outstanding options for TRG Units, TSR PSU, NOI PSU, Restricted and Performance-based TRG Profits Units, RSU, deferred shares under the Non-Employee Directors’ Deferred Compensation Plan, and unissued TRG Units under a unit option deferral election (Note 8). In computing the potentially dilutive effect of potential common stock, TRG Units are assumed to be exchanged for common shares under the Continuing Offer, increasing the weighted average number of shares outstanding. The potentially dilutive effects of TRG Units outstanding and/or issuable under the unit option deferral elections are calculated using the if-converted method, while the effects of other potential common stock are calculated using the treasury method. Contingently issuable shares are included in diluted earnings per common share based on the number of shares, if any, which would be issuable if the end of the reporting period were the end of the contingency period. 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):
 

 
 
 
 
 
 
Basic
$
20,976

 
$
4,363

 
$
54,873

 
$
35,016

Impact of additional ownership of TRG
31

 
7

 
77

 
74

Diluted
$
21,007

 
$
4,370

 
$
54,950

 
$
35,090

 
 
 
 
 
 
 
 
Shares (Denominator) – basic
61,001,357

 
60,710,184

 
60,970,572

 
60,654,026

Effect of dilutive securities
294,710

 
288,967

 
274,729

 
364,829

Shares (Denominator) – diluted
61,296,067

 
60,999,151

 
61,245,301

 
61,018,855

 
 
 
 
 
 
 
 
Earnings per common share – basic
$
0.34

 
$
0.07

 
$
0.90

 
$
0.58

Earnings per common share – diluted
$
0.34

 
$
0.07

 
$
0.90

 
$
0.58


The calculation of diluted earnings per common share in certain periods excluded certain potential common stock including outstanding TRG Units and unissued TRG Units under a unit option deferral election, both of which may be exchanged for common shares of the Company under the Continuing Offer. The table below presents the potential common stock excluded from the calculation of diluted earnings per common share as they were anti-dilutive in the period presented.
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Weighted average noncontrolling TRG Units outstanding
4,115,235

 
4,164,979

 
4,134,110

 
4,082,322

Unissued TRG Units under unit option deferral elections
871,262

 
871,262

 
871,262

 
871,262



30
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 11 - Fair Value Disclosures

This note contains required fair value disclosures for assets and liabilities remeasured at fair value on a recurring basis and financial instruments carried at other than fair value, as well as assumptions employed in deriving these fair values.

Recurring Valuations

Derivative Instruments

The fair value of interest rate hedging instruments is the amount that the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the reporting date. The Company’s valuations of its derivative instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative, and therefore fall into Level 2 of the fair value hierarchy. The valuations reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including forward curves. The fair values of interest rate hedging instruments also incorporate credit valuation adjustments to appropriately reflect both the Company’s own nonperformance risk and the respective counterparty's nonperformance risk.

Other

The Company's valuations of both its investments in an insurance deposit and in SPG common shares utilize unadjusted quoted prices determined by active markets for the specific securities the Company has invested in, and therefore fall into Level 1 of the fair value hierarchy. In connection with the adoption of ASU No. 2016-01 on January 1, 2018 (Note 1), the Company now measures its investment in SPG common shares at fair value with changes in value recorded through net income. The Company owned 440,124 and 590,124 SPG common shares as of September 30, 2018 and December 31, 2017, respectively. In September 2018, the Company sold 150,000 SPG common shares at an average price of $184.19 per share. In October 2018, an additional 150,000 SPG common shares were sold at an average price of $180.54 per share. Upon completion of the sale, the Company had 290,124 SPG common shares remaining. Proceeds from both sales were used to pay down the Company's revolving lines of credit. During the three and nine months ended September 30, 2018, the Company recorded $5.0 million and $4.1 million of income, respectively in Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income related to the change in fair value of its SPG common shares investment during the period.

For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
 
 
Fair Value Measurements as of September 30, 2018 Using
 
Fair Value Measurements as of
December 31, 2017 Using
Description
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
SPG common shares
 
$
77,792

 
 
 
$
101,348

 
 
Insurance deposit
 
10,077

 
 

 
16,703

 
 

Derivative interest rate contracts (Note 7)
 
 
 
$
9,128

 
 
 
$
939

Total assets
 
$
87,869


$
9,128

 
$
118,051

 
$
939

 
 
 
 
 
 
 
 
 
Derivative interest rate contracts (Note 7)
 
 

 


 
 

 
$
(484
)
Total liabilities
 
 

 
$
—

 
 

 
$
(484
)

The insurance deposit shown above represents cash maintained in an escrow account in connection with a property and casualty insurance arrangement for the Company’s shopping centers, and is classified within Deferred Charges and Other Assets on the Consolidated Balance Sheet. Corresponding deferred revenue relating to amounts billed to tenants for this arrangement has been classified within Accounts Payable and Accrued Liabilities on the Consolidated Balance Sheet.


31
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Financial Instruments Carried at Other Than Fair Values

Notes Payable

The fair value of notes payable is estimated using cash flows discounted at current market rates and therefore falls into Level 2 of the fair value hierarchy. When selecting discount rates for purposes of estimating the fair value of notes payable at September 30, 2018 and December 31, 2017, the Company employed the credit spreads at which the debt was originally issued.

The estimated fair values of notes payable at September 30, 2018 and December 31, 2017 were as follows:
 
2018
 
2017
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Notes payable, net
$
3,793,278

 
$
3,663,323

 
$
3,555,228

 
$
3,503,071


The fair values of the notes payable are dependent on the interest rates used in estimating the values. An overall 1% increase in interest rates employed in making these estimates would have decreased the fair values of the debt shown above at September 30, 2018 by $136.0 million or 3.7%.

Cash Equivalents and Notes Receivable

The fair value of cash equivalents and notes receivable approximates their carrying value due to their short maturity. The fair value of cash equivalents is derived from quoted market prices and therefore falls into Level 1 of the fair value hierarchy. The fair value of notes receivable is estimated using cash flows discounted at current market rates and therefore falls into Level 2 of the fair value hierarchy.

See Note 7 regarding additional information on derivatives.

Note 12 - Accumulated Other Comprehensive Income

Changes in the balance of each component of AOCI for the nine months ended September 30, 2018 were as follows:
 
Taubman Centers, Inc. AOCI
 
Noncontrolling Interests AOCI
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
January 1, 2018
$
384

 
$
(7,303
)
 
$
(6,919
)
 
$
159

 
$
9,220

 
$
9,379

Other comprehensive income (loss) before reclassifications
(15,777
)
 
8,081

 
(7,696
)
 
(6,447
)
 
3,303

 
(3,144
)
Amounts reclassified from AOCI
 
 
(496
)
 
(496
)
 
 
 
(203
)
 
(203
)
Net current period other comprehensive income (loss)
$
(15,777
)
 
$
7,585

 
$
(8,192
)
 
$
(6,447
)
 
$
3,100

 
$
(3,347
)
Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)
 
 
(678
)
 
(678
)
 
 
 
(277
)
 
(277
)
Adjustments due to changes in ownership
1

 
25

 
26

 
(1
)
 
(25
)
 
(26
)
September 30, 2018
$
(15,392
)
 
$
(371
)
 
$
(15,763
)
 
$
(6,289
)
 
$
12,018

 
$
5,729




32
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Changes in the balance of each component of AOCI for the nine months ended September 30, 2017 were as follows:
 
Taubman Centers, Inc. AOCI
 
Noncontrolling Interests AOCI
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
January 1, 2017
$
(23,147
)
 
$
(12,769
)
 
$
(35,916
)
 
$
(9,613
)
 
$
7,065

 
$
(2,548
)
Other comprehensive income (loss) before reclassifications
13,839

 
(5,721
)
 
8,118

 
5,689

 
(2,351
)
 
3,338

Amounts reclassified from AOCI

 
3,763

 
3,763

 


 
1,548

 
1,548

Net current period other comprehensive income (loss)
$
13,839

 
$
(1,958
)
 
$
11,881

 
$
5,689

 
$
(803
)
 
$
4,886

Adjustments due to changes in ownership
(69
)
 
53

 
(16
)
 
69

 
(53
)
 
16

September 30, 2017
$
(9,377
)
 
$
(14,674
)
 
$
(24,051
)
 
$
(3,855
)
 
$
6,209

 
$
2,354


The following table presents reclassifications out of AOCI for the nine months ended September 30, 2018:
Details about AOCI Components
 
Amounts reclassified from AOCI
 
Affected line item on the Consolidated Statement of Operations and Comprehensive Income
Losses (gain) on interest rate instruments and other:
 
 
 
 
Realized gain on interest rate contracts - consolidated subsidiaries
 
$
(205
)
 
Interest Expense
Realized loss on interest rate contracts - UJVs
 
287

 
Equity in Income of UJVs
Realized gain on cross-currency interest rate contract - UJV
 
(781
)
 
Equity in Income of UJVs
Total reclassifications for the period
 
$
(699
)
 
 

The following table presents reclassifications out of AOCI for the nine months ended September 30, 2017:
Details about AOCI Components
 
Amounts reclassified from AOCI
 
Affected line item on the Consolidated Statement of Operations and Comprehensive Income
Losses on interest rate instruments and other:
 
 
 
 
Realized loss on interest rate contracts - consolidated subsidiaries
 
$
2,409

 
Interest Expense
Realized loss on interest rate contracts - UJVs
 
1,920

 
Equity in Income of UJVs
Realized loss on cross-currency interest rate contract - UJV
 
982

 
Equity in Income of UJVs
Total reclassifications for the period
 
$
5,311

 
 


33
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


Note 13 - Cash Flow Disclosures and Non-Cash Investing and Financing Activities

Interest paid for the nine months ended September 30, 2018 and 2017, net of amounts capitalized of $12.3 million and $9.6 million, respectively, was $91.3 million and $74.5 million, respectively. Income taxes paid for the nine months ended September 30, 2018 and 2017 were $0.5 million and $2.4 million, respectively. Other non-cash additions to properties during the nine months ended September 30, 2018 and 2017 were $83.0 million and $98.9 million, respectively, and primarily represent accrued construction and tenant allowance costs.

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows (Note 1). The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts shown on the Consolidated Statement of Cash Flows.
 
September 30,
2018
 
December 31,
2017
Cash and cash equivalents
$
38,037

 
$
42,499

Restricted cash
95,254

 
121,905

Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows
$
133,291

 
$
164,404


Restricted Cash

The Company is required to escrow cash balances for specific uses stipulated by certain of its lenders and other various agreements. As of September 30, 2018 and December 31, 2017, the Company’s cash balances restricted for these uses were $2.9 million and $2.7 million, respectively. Also, as of September 30, 2018 and December 31, 2017, the Company had $92.4 million and $119.2 million, respectively, of restricted cash held as collateral for financing arrangements related to its Asia investments. During the nine months ended September 30, 2018 and 2017,the restricted cash balances related to the Asia investments declined by $4.9 million and $0.4 million, respectively, as a result of exchange rate fluctuations.

Note 14 - New Accounting Pronouncements

In June 2016, the FASB issued ASU No. 2016-13, "Financial Instruments - Credit Losses", which introduces new guidance for an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. Instruments in scope include loans, held-to-maturity debt securities, and net investments in leases as well as reinsurance and trade receivables. ASU No. 2016-13 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2019. The Company is currently evaluating the impact that the adoption of the new standard will have on its consolidated financial statements.


















34
TAUBMAN CENTERS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


In February 2016, the FASB issued ASU No. 2016-02, "Leases", which provides for significant changes to the current lease accounting standard. The primary objectives of this ASU is to address off-balance-sheet financing related to operating leases and to introduce a new lessee model that brings substantially all leases onto the balance sheet. ASU No. 2016-02 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2018. The Company expects to adopt the new standard on its effective date. The Company is currently evaluating the application of this ASU and its effect on the Company’s financial position and results of operations. From initial implementation efforts, the Company preliminarily expects the most significant impacts of adoption to include the need to expense certain internal leasing costs currently being capitalized, including costs associated with the Company's leasing and legal departments, and the recognition of lease obligations and right-of-use assets for ground and office leases under which the Company or its ventures are the lessee. The Company expects to add right-of-use assets and the corresponding liabilities to the Consolidated Balance Sheet between 5-10% of total assets as of the implementation date, depending on the ultimate selection of appropriate discount rates for the cash flow under the leases.

In July 2018, the FASB issued ASU No. 2018-11, which includes a practical expedient that allows lessors to not separate non-lease components from the associated lease component. This provides the Company with the option of not bifurcating certain common area maintenance recoveries as a non-lease component, if certain requirements are met. The Company expects to elect this practical expedient. If the Company elects this practical expedient, the Company expects that beginning in 2019, minimum rents and expense recoveries will be presented as a single revenue line item in the Consolidated Statement of Operations and Comprehensive Income.

The Company has not completed its budgeting for calendar 2019 and therefore does not yet have specific expectations for leasing costs to be expensed pursuant to ASU No. 2016-02. The actual amount of such costs will ultimately depend on personnel levels, compensation structure, and the results of leasing activities. However, as part of its implementation, the Company is analyzing the impact the standard would have had in prior periods if it had been applied. For the year ended December 31, 2017, the Company's share of capitalized leasing and tenant coordination costs was approximately $11 million. If the accounting under ASU No. 2016-02 had been applied, the Company expects that it would have continued to capitalize approximately $5 million of leasing and tenant coordination costs and additionally expensed approximately $6 million in leasing costs.


35

Item 2.
Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following Management's Discussion and Analysis of Financial Condition and Results of Operations contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent our expectations or beliefs concerning future events and performance. Actual results may differ materially from those expected because of various risks and uncertainties. The forward-looking statements included in this report are made as of the date hereof or the date specified herein. Except as required by law, we assume no obligation to update these forward looking statements, even if new information becomes available in the future. Other risks and uncertainties are detailed from time to time in reports filed with the Securities and Exchange Commission (SEC), and in particular those set forth under "Risk Factors" in our most recent Annual Report on Form 10-K. The following discussion should be read in conjunction with the accompanying consolidated financial statements of Taubman Centers, Inc. and the notes thereto.

General Background and Performance Measurement

Taubman Centers, Inc. (TCO) is a Michigan corporation that operates as a self-administered and self-managed real estate investment trust (REIT). The Taubman Realty Group Limited Partnership (the Operating Partnership or TRG) is a majority-owned partnership subsidiary of TCO that owns direct or indirect interests in all of our real estate properties. In this report, the terms "we", "us", and "our" refer to TCO, the Operating Partnership, and/or the Operating Partnership's subsidiaries as the context may require. We own, manage, lease, acquire, dispose of, develop, and expand retail shopping centers and interests therein. The Consolidated Businesses consist of shopping centers and entities that are controlled by ownership or contractual agreements, The Taubman Company LLC (Manager), and Taubman Properties Asia LLC and its subsidiaries (Taubman Asia). Shopping centers owned through joint ventures that are not controlled by us but over which we have significant influence (Unconsolidated Joint Ventures) are accounted for under the equity method.

References in this discussion to "beneficial interest" refer to our ownership or pro rata share of the item being discussed. Investors are cautioned that deriving our beneficial interest as our ownership interest in individual financial statement items may not accurately depict the legal and economic implications of holding a noncontrolling interest in an investee.

The comparability of information used in measuring performance is affected by the redevelopment agreement for Taubman Prestige Outlets Chesterfield in May 2018 (see "Results of Operations - Redevelopment Agreement for Taubman Prestige Outlets Chesterfield"), the opening of CityOn.Zhengzhou in March 2017 (see "Results of Operations - Taubman Asia"), and the renovation of Beverly Center beginning in 2016 (see "Liquidity and Capital Resources - Capital Spending - Redevelopments"). Additional "comparable center" statistics that exclude the centers noted above are provided to present the performance of comparable centers. Comparable centers are generally defined as centers that were owned and open for the entire current and preceding period presented, excluding centers impacted by significant redevelopment activity. Comparable center statistics for 2017 have been restated to include comparable centers to 2018. This affects the comparability of our operating results period over period. Additionally, The Mall of San Juan has been excluded from “comparable center” statistics as a result of Hurricane Maria, which occurred in 2017, and the expectation that the center’s performance will be impacted for the foreseeable future (see “Results of Operations - Hurricane Maria and The Mall of San Juan").





36

Current Operating Trends

The U.S. shopping center industry is currently facing a number of challenges. Across the industry, department store sales have weakened and store closures have increased, with mature mall tenants and anchors rationalizing square footage. There has been some stabilization of the retail landscape recently, including comparatively strong sales performance during 2018. However, the retail headwinds still have the potential to be prolonged and ultimately may still result in lost rent and increased unscheduled terminations. Where appropriate, we are making decisions as we re-tenant space to use some shorter leases in order to maintain occupancy, merchandising, and preserve cash flow when possible.

We have begun to see the emergence of a new tenant pool offering additional entertainment alternatives within the mall, as well as investment in brick-and-mortar locations by formerly e-commerce specific tenants. Despite recent retail challenges, our recently opened new developments, including those in Asia, have provided growth and are contributing positively to our portfolio. Over time we believe high-quality mall portfolios such as ours will continue to gain market share of tenant sales and rents.

Tenant Sales and Occupancy Costs

During the nine months ended September 30, 2018, 1.5% of our tenants sought the protection of the bankruptcy laws, as compared to 3.1% of our tenants for the year ended December 31, 2017 and although our occupancy and lease space statistics remain solid, lease cancellation revenue for 2018 is expected to be at levels above average over the last five years.

Our comparable mall tenants reported a 5.8% increase in mall tenant sales per square foot in the third quarter of 2018 from the same period in 2017. For the nine months ended September 30, 2018, our comparable mall tenant sales per square foot increased 8.0% from the comparable period in 2017. For the trailing 12-month period ended September 30, 2018, comparable mall tenant sales per square foot were $800, a 6.4% increase from $752 for the trailing 12-month period ended September 30, 2017.

Over the long term, the level of mall tenant sales remains the single most important determinant of revenues of the shopping centers because mall tenants provide approximately 90% of these revenues and mall tenant sales determine the amount of rent, overage rent, and recoverable expenses, excluding utilities (together, total occupancy costs) that mall tenants can afford to pay. However, levels of mall tenant sales can be considerably more volatile in the short run than total occupancy costs, and may be impacted significantly, either positively or negatively, by the success or lack of success of a small number of tenants or even a single tenant.

We believe that the ability of mall tenants to pay occupancy costs and earn profits over long periods of time increases as mall tenant sales per square foot increase, whether through inflation or real growth in customer spending. Because most mall tenants have certain fixed expenses, the occupancy costs that they can afford to pay and still be profitable are a higher percentage of mall tenant sales at higher sales per square foot.

Mall tenant sales directly impact the amount of overage rents certain tenants and certain anchors pay. The effects of increases or declines in mall tenant sales on our operations are moderated by the relatively minor share of total rents that overage rents represent. Overage rent is very difficult to predict as it is highly dependent upon the sales performance of specific mall tenants in specific centers, and is typically paid by a small number of our tenants in any given period.

In negotiating lease renewals, we generally intend to maximize the minimum rents we achieve. As a result, a tenant will generally pay a higher amount of minimum rent and an initially lower amount of overage rent upon renewal.

While mall tenant sales are critical over the long term, the high quality regional mall business has been a very stable business model with its diversity of income from thousands of tenants, its staggered lease maturities, and high proportion of fixed rent. However, a sustained trend in mall tenant sales does impact, either negatively or positively, our ability to lease vacancies and sign lease renewals, negotiate rents at advantageous rates, and collect amounts contractually due.





37

Mall tenant occupancy costs (the sum of minimum rents, overage rents, and expense recoveries, excluding utilities) as a percentage of sales in our Consolidated Businesses and Unconsolidated Joint Ventures are as follows:
 
Trailing 12-Months Ended September 30 (1)
 
2018
 
2017
Consolidated Businesses:
 
 
 
Minimum rents
9.7
%
 
9.6
%
Overage rents
0.4

 
0.4

Expense recoveries
4.9

 
4.9

Mall tenant occupancy costs
15.0
%
 
15.0
%
Unconsolidated Joint Ventures:
 
 
 
Minimum rents
8.5
%
 
9.3
%
Overage rents
0.8

 
0.7

Expense recoveries
3.8

 
4.2

Mall tenant occupancy costs
13.1
%
 
14.2
%
Combined:
 
 
 
Minimum rents
9.1
%
 
9.5
%
Overage rents
0.6

 
0.6

Expense recoveries
4.3

 
4.6

Mall tenant occupancy costs
14.0
%
 
14.6
%

(1)
Based on reports of sales furnished by mall tenants of all centers reported during that period.
(2)
Amounts in this table may not add due to rounding.

Occupancy and Leased Space

Mall tenant ending occupancy and leased space statistics as of September 30, 2018 and 2017 are as follows:
 
2018 (1)
 
2017 (1)
Ending occupancy - all centers
92.9
%
 
93.5
%
Ending occupancy - comparable centers
92.9

 
94.3

Leased space - all centers
95.5

 
95.9

Leased space - comparable centers
95.6

 
96.6


(1) Occupancy and leased space statistics include temporary in-line tenants (TILs) and anchor spaces at value and outlet centers (Dolphin Mall and Great Lakes Crossing Outlets).

The difference between leased space and occupancy is that leased space includes spaces where leases have been signed but the tenants are not yet open. The occupancy statistic represents those spaces upon which we are currently collecting rent from mall tenants. The spread between comparable center leased space and occupied space, at 2.7% this quarter, is consistent with our history of 1% to 3% in the third quarter.

As leases have expired in the centers, we have generally been able to rent the available space, either to the existing tenant or a new tenant, at rental rates that are higher than those of the expired leases. Generally, center revenues have increased as older leases rolled over or were terminated early and replaced with new leases negotiated at current rental rates that were usually higher than the average rates for existing leases. In periods of increasing sales, rents on new leases will generally tend to rise. In periods of slower growth or declining sales, rents on new leases will generally grow more slowly or will decline for the opposite reason, as tenants' expectations of future growth become less optimistic.

38

Average and Base Rent Per Square Foot

Average and base rent per square foot statistics are computed using contractual rentals per the tenant lease agreements, which reflect any lease modifications, including those for rental concessions. Rent information for comparable centers in our Consolidated Businesses and Unconsolidated Joint Ventures are as follows:
 
Three Months Ended September 30
 
Nine Months Ended
September 30
 
2018
 
2017
 
2018
 
2017
Average rent per square foot: (1)
 
 
 
 
 
 
 
Consolidated Businesses
$
70.56

 
$
68.52

 
$
71.65

 
$
69.17

Unconsolidated Joint Ventures
48.67

 
46.04

 
48.84

 
46.94

Combined
57.06

 
54.47

 
57.49

 
55.26


(1)
Statistics exclude non-comparable centers.

 
Trailing 12-Months Ended September 30 (1) (2)
 
2018
 
2017
Opening base rent per square foot:
 
 
 
Consolidated Businesses
$
74.71

 
$
72.38

Unconsolidated Joint Ventures
41.63

 
48.05

Combined
57.37

 
62.03

Square feet of GLA opened:
 
 
 
Consolidated Businesses
515,840

 
548,376

Unconsolidated Joint Ventures
568,758

 
405,957

Combined
1,084,598

 
954,333

Closing base rent per square foot:
 
 
 
Consolidated Businesses
$
70.36

 
$
64.28

Unconsolidated Joint Ventures
43.06

 
45.23

Combined
55.34

 
55.38

Square feet of GLA closed:
 
 
 
Consolidated Businesses
486,196

 
520,225

Unconsolidated Joint Ventures
594,765

 
455,783

Combined
1,080,961

 
976,008

Releasing spread per square foot:
 
 
 
Consolidated Businesses
$
4.35

 
$
8.10

Unconsolidated Joint Ventures
(1.43
)
 
2.82

Combined
2.03

 
6.65

Releasing spread per square foot growth:
 
 
 
Consolidated Businesses
6.2
 %
 
12.6
%
Unconsolidated Joint Ventures
(3.3
)%
 
6.2
%
Combined
3.7
 %
 
12.0
%

(1)
Statistics exclude non-comparable centers.
(2)
Opening and closing statistics exclude spaces greater than or equal to 10,000 square feet.
(2) Opening and closing statistics exclude spaces gr
The spread between opening and closing rents may not be indicative of future periods, as this statistic is not computed on comparable tenant spaces, and can vary significantly from period to period depending on the total amount, location, and average size of tenant space opening and closing in the period. Broadly, the lower releasing spread reflects the recently decelerating environment for retail.



39

Seasonality

The U.S. shopping center industry is seasonal in nature, with mall tenant sales highest in the fourth quarter due to the Christmas season, and with lesser, though still significant, sales fluctuations associated with the Easter holiday and back-to-school period. While minimum rents and recoveries are generally not subject to seasonal factors, most leases are scheduled to expire in the first quarter, and the majority of new stores open in the second half of the year in anticipation of the Christmas selling season. Additionally, most overage rents are recorded in the fourth quarter. Accordingly, revenues and occupancy levels are generally highest in the fourth quarter. Further, gains on sales of peripheral land and lease cancellation income may vary significantly from quarter to quarter.
 
2018
 
2017
 
3rd Quarter
 
2nd Quarter
 
1st Quarter
 
Total
 
4th Quarter
 
3rd Quarter
 
2nd Quarter
 
1st Quarter
 
(in thousands, except occupancy and leased space data)
Mall tenant sales: (1)
 
 
 
 
 
 

 
 
 
 
 
 
 
 
Comparable
$
1,414,070

 
$
1,422,293

 
$
1,454,999

 
$
5,867,140

 
$
1,860,261

 
$
1,343,084

 
$
1,358,577

 
$
1,305,218

All Centers
1,541,559

 
1,549,356

 
1,582,682

 
6,327,787

 
1,978,554

 
1,475,440

 
1,485,116

 
1,388,677

Revenues and nonoperating income, net
 
 
 
 
 
 


 
 
 
 
 
 
 
 
Consolidated Businesses
$
167,820

 
$
165,070

 
$
154,349

 
$
652,993

 
$
187,665

 
$
155,716

 
$
157,750

 
$
151,862

Ending occupancy:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Comparable
92.9
%
 
92.2
%
 
92.8
%
 


 
95.7
%
 
94.3
%
 
93.3
%
 
92.8
%
All Centers
92.9

 
92.3

 
92.2

 


 
94.8

 
93.5

 
92.7

 
92.1

Leased space:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Comparable
95.6
%
 
94.9
%
 
95.0
%
 


 
96.6
%
 
96.6
%
 
95.6
%
 
94.8
%
All Centers
95.5

 
94.8

 
94.5

 


 
95.9

 
95.9

 
94.9

 
94.5


(1) Based on reports of sales furnished by mall tenants.



40

Results of Operations

In addition to the results and trends in our operations discussed in the preceding sections, the following sections discuss certain recent transactions or events that affected operations during the three and nine months ended September 30, 2018 and 2017, or are expected to affect operations in the future.

Hurricane Maria and The Mall of San Juan

The Mall of San Juan incurred significant damage from Hurricane Maria in 2017. We have substantial insurance to cover hurricane and flood damage, as well as business and service interruption. The business interruption coverage commences at time of loss and continues for one year after the damage is fully repaired. Our hurricane coverage includes a single deductible of $2 million and policy limits of $900 million, all subject to various terms and conditions. However, we expect insurance proceeds will lag and likely not be received in the same period the losses are incurred. As of September 30, 2018, we have not yet received insurance proceeds related to our business interruption claim. We have submitted a preliminary claim to our insurer and are currently in discussions related to the amount to be received and timing of payment. During the three and nine months ended September 30, 2018, we recorded $0.1 million and $1.1 million, respectively, of insurance recoveries related to reimbursement of expensed costs within Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income. Additionally, during the nine months ended September 30, 2018, we recognized a reduction of $4.9 million of depreciation expense relating to insurance proceeds received for property damage for which we took write-offs in 2017. During the three months ended September 30, 2018, we did not recognize any such reduction of depreciation expense. During both the three and nine months ended September 30, 2017, we recognized an estimated expense of $2.0 million relating to property damage, included within depreciation expense. We continue to assess physical loss and will update these estimates if necessary. See "Note 9 - Commitments and Contingencies - Hurricane Maria and The Mall of San Juan" to our consolidated financial statements for more information regarding our ongoing litigation with Saks Fifth Avenue Puerto Rico, Inc. and Saks Incorporated to compel them to immediately repair and remediate the Saks Fifth Avenue store.

Taubman Asia

We have a joint venture with Wangfujing that owns an interest in a shopping center, CityOn.Zhengzhou, in Zhengzhou, China, which opened in March 2017. We own an effective 49% interest in CityOn.Zhengzhou, which is accounted for as an Unconsolidated Joint Venture.

Also, we have invested in a development project, Starfield Anseong, in South Korea for which we have formed a joint venture with Shinsegae Group (Shinsegae), one of South Korea's largest retailers, who is also our joint venture partner in Starfield Hanam. (See "Liquidity and Capital Resources - Capital Spending - New Development").

Disposition

Valencia Place Office Tower at Country Club Plaza

In March 2017, our joint venture with The Macerich Company sold the Valencia Place office tower at Country Club Plaza for $75.2 million ($37.6 million at TRG’s beneficial share). The joint venture recognized a gain on the sale of the Valencia Place office tower, of which TRG's beneficial share, net of tax, was $2.1 million.
Debt Transactions

In August 2018, we completed a three-year, $250 million financing for International Market Place. The payments on the loan, which bears interest at LIBOR plus 2.15%, are interest only for the initial three-year term. The interest rate may be reduced to LIBOR plus 1.85% upon the achievement of certain performance measures. There are two, one-year extension options. The Operating Partnership has provided an unconditional guarantee of the loan balance during the term of the loan. Proceeds from the financing were used to pay off the previous construction facility, which had a balance of $250.0 million after we made a repayment on the facility of $43.8 million in July 2018.

In April 2018, we refinanced our loan at Fair Oaks Mall, a 50% owned Unconsolidated Joint Venture. The joint venture's new loan is a $260 million, five-year, non-recourse loan. The loan bears interest at a fixed rate of 5.32%. Proceeds were used to pay off the previous $259 million loan.

In March 2018, we completed a $250 million unsecured term loan that matures in March 2023 (see "Liquidity and Capital Resources - Term Loans").

41

Also in March 2018, proceeds from both the $250 million unsecured term loan and the Twelve Oaks Mall loan (see below) were used to pay off our existing $475 million unsecured term loan.

In February 2018, we completed a 10-year, $300 million non-recourse financing for Twelve Oaks Mall. The payments on the loan, which bears interest at a fixed rate of 4.85%, began in April 2018 and are amortizing principal based on 30 years. As a result of this financing, Twelve Oaks Mall was removed as a guarantor under the primary unsecured revolving line of credit and the unsecured term loans.

In July 2017, we obtained an additional one-year extension option for The Mall at Green Hills loan, providing the option to extend the maturity date to December 2020.

In March 2017, we repaid the outstanding balance of $302.4 million on the construction facility for The Mall of San Juan, which was scheduled to mature in April 2017. We funded the repayment using our revolving lines of credit.

In February 2017, we completed a $300 million unsecured term loan that matures in February 2022 (see "Liquidity and Capital Resources - Term Loans").

In February 2017, we amended our primary unsecured revolving line of credit extending the maturity to February 2021, with two six-month extension options (see "Liquidity and Capital Resources - Cash and Revolving Lines of Credit").

Interest Expense

For several years our interest expense has been impacted in large part by our sizeable development and redevelopment pipelines, the associated spending, and the mechanics of capitalized interest. Recently the LIBOR rate has risen, which impacts our beneficial interest in debt that floats month to month (about 20% as of September 30, 2018). We expect the LIBOR rate will continue to rise and have a greater impact due to the spending for our development and redevelopment projects previously noted. In addition, in October 2018, we entered into forward starting swaps to fix the LIBOR rate to 3.02% on the $250 million unsecured term loan, effective from March 2019 through maturity, which will result in an effective interest rate in the range of 4.27% to 4.92%. This loan is currently swapped through February 2019 to an effective interest rate of 2.89% to 3.54%.

Our interest expense is impacted by the capitalization of interest on the costs of our U.S. and Asia development and redevelopment projects. We capitalize interest on our consolidated project costs and our equity contributions to Unconsolidated Joint Ventures under development using our average consolidated borrowing rate, which does not reflect the specific source of funds for the costs and is generally greater than our incremental borrowing rate. Any excess of the capitalization rate over our incremental borrowing rate positively impacts our results of operations during the construction phase of our development projects. This positive impact will affect our results until the overall level of construction spending decreases. As these projects are completed, interest capitalization generally ends and we begin recognizing interest expense. We have experienced an increase in interest expense in recent years primarily due to the opening of four ground-up development projects and we expect interest expense to increase further as our redevelopment projects are placed in service.

Redevelopment Agreement for Taubman Prestige Outlets Chesterfield

In May 2018, we closed on a redevelopment agreement for Taubman Prestige Outlets Chesterfield. As of May 1, 2018, all operations at the center, as well as the building and improvements, were transferred to The Staenberg Group (“TSG”). TSG leases the land from us through a long-term, participating ground lease and we will receive ground lease payments and a share of the property’s revenues above a specified level. TSG is planning a significant redevelopment of the property, which will transform it into a unique entertainment, shopping and dining destination. We have no future capital obligation related to the redevelopment of the property. Both we and TSG have the ability to terminate the ground lease in the event that the redevelopment has not begun within five years, with the buildings and improvements reverting to us upon termination. Taubman Prestige Outlet Chesterfield's historic contribution to our results of operations has been immaterial. We will defer recognition of a sale of the building and improvements and maintain the property on our Consolidated Balance Sheet until the foregoing termination right is no longer available to the parties, with this right ceasing upon TSG commencing the redevelopment.



42

Comparison of the Three Months Ended September 30, 2018 to the Three Months Ended September 30, 2017

The following is a comparison of our results for the three months ended September 30, 2018 and 2017, as disclosed in our Consolidated Statement of Operations and Comprehensive Income.

Total revenues for the three months ended September 30, 2018 were $159.1 million, a $5.9 million or 3.8% increase from the comparable period in 2017. The following impacted total revenues:

•
the increase in minimum rents was primarily attributable to an increase in average rent per square foot achieved on new leases and improved performance at Beverly Center as disruption related to the ongoing renovation abates; and

•
the increase in other income was primarily attributable to increases in lease cancellation income.

Total expenses for the three months ended September 30, 2018 were $147.6 million, a $7.5 million or 4.8% decrease from the comparable period in 2017. The following impacted total expenses:

•
the decrease in maintenance, taxes, utilities, and promotion expense was primarily attributable to decreases in common area maintenance and promotion expenses;

•
the decrease in other operating expense was primarily due to a decrease in bad debt expense and cost saving initiatives enacted in response to the completion of another major development cycle and current near-term challenges facing the U.S. mall industry;

•
a restructuring charge was incurred in the prior year related to reductions in our workforce and the reorganization of various areas of the organization, which were undertaken due to the aforementioned cost saving initiatives;

•
a decrease in costs incurred associated with shareowner activism; and

•
the increase in interest expense was attributable to overall increased levels of debt, an increase in LIBOR, reduced capitalization of interest on developments and redevelopments, and our recently completed financing for Twelve Oaks Mall.

Nonoperating income, net increased primarily due to an increase in the fair value of our Simon Property Group (SPG) common shares investment.

Income tax benefit (expense) was favorable primarily due to a tax benefit from start-up operations related to our restaurant joint venture.

Equity in Income of the Unconsolidated Joint Ventures for the three months ended September 30, 2018 increased by $3.2 million to $16.9 million from the comparable period in 2017. The increase was primarily attributable to favorable operating results from our recently opened developments in Asia.

Net Income

Net income was $38.1 million for the three months ended September 30, 2018 compared to $14.3 million for the three months ended September 30, 2017. After allocation of income to noncontrolling, preferred, and participating interests, the net income attributable to Taubman Centers, Inc. common shareowners for the three months ended September 30, 2018 was $21.0 million compared to $4.4 million in the comparable period in 2017. Diluted earnings per common share was $0.34 for the three months ended September 30, 2018 compared to $0.07 for the three months ended September 30, 2017.









43

Funds from Operations (FFO) and FFO per Common Share

Our FFO attributable to partnership unitholders and participating securities of TRG was $91.1 million for the three months ended September 30, 2018 compared to $66.4 million for the three months ended September 30, 2017. FFO per diluted common share was $1.05 for the three months ended September 30, 2018 and $0.77 per diluted common share for the three months ended September 30, 2017. Adjusted FFO attributable to partnership unitholders and participating securities of TRG for the three months ended September 30, 2018 was $87.6 million, and excluded costs incurred associated with shareowner activism and the fluctuation in the fair value of our SPG common shares investment. Adjusted FFO attributable to partnership unitholders and participating securities of TRG for the three months ended September 30, 2017 was $71.6 million, and excluded a restructuring charge and costs incurred associated with shareowner activism. Adjusted FFO per diluted common share was $1.01 for the three months ended September 30, 2018 and $0.83 per diluted common share for the three months ended September 30, 2017. See "Non-GAAP Measures - Use of Non-GAAP Measures" for the definition of FFO and "Non-GAAP Measures - Reconciliation of Non-GAAP Measures" for the reconciliation of Net Income Attributable to Taubman Centers, Inc. Common Shareowners to Funds from Operations and Adjusted Funds from Operations.

Comparable and Non-Comparable Center Operations

During the three months ended September 30, 2018, the consolidated non-comparable centers contributed total operating revenues of $23.1 million, and incurred operating expenses, excluding interest expense and depreciation and amortization, of $9.3 million. During the three months ended September 30, 2017, the consolidated non-comparable centers contributed total operating revenues of $21.0 million, and incurred operating expenses, excluding interest expense and depreciation and amortization, of $11.4 million.

See "Non-GAAP Measures - Use of Non-GAAP Measures" for the definition and discussion of Net Operating Income (NOI) and for the reconciliation of Net Income to NOI. For the three months ended September 30, 2018, comparable center NOI excluding lease cancellation income was up 9.2% over the comparable period in 2017. Also, for the three months ended September 30, 2018, comparable center NOI including lease cancellation income was up 10.3% over the comparable period in 2017. Our recently opened new developments and newest comparable centers, International Market Place, CityOn.Xi’an, and Starfield Hanam, contributed more than half of our comparable center NOI growth.

For the three months ended September 30, 2018, we recognized our $3.5 million share of lease cancellation income, as compared to $0.9 million for the three months ended September 30, 2017.





























44

Comparison of the Nine Months Ended September 30, 2018 to the Nine Months Ended September 30, 2017

The following is a comparison of our results for the nine months ended September 30, 2018 and 2017, as disclosed in our Consolidated Statement of Operations and Comprehensive Income.

Total revenues for the nine months ended September 30, 2018 were $473.4 million, a $16.4 million or 3.6% increase from the comparable period in 2017. The following impacted total revenues:

•
the increase in minimum rents was primarily attributable to an increase in average rent per square foot achieved on new leases; and

•
the increase in other income was primarily attributable to increases in lease cancellation income and food and beverage revenues of our restaurant joint venture.

Total expenses for the nine months ended September 30, 2018 were $435.9 million, a $1.5 million or 0.3% decrease from the comparable period in 2017. The following impacted total expenses:

•
the decrease in maintenance, taxes, utilities, and promotion expense was primarily attributable to a decrease in common area maintenance and promotion expenses, partially offset by an increase in electric and property tax expense;

•
the decrease in other operating expense was primarily due to a reduction in bad debt expense and cost saving initiatives enacted in response to the completion of another major development cycle and current near-term challenges facing the U.S. mall industry, partially offset by an increase in food and beverage expenses of our restaurant joint venture;

•
the decrease in general and administrative expense was also primarily due to the aforementioned cost saving initiatives. A restructuring charge was incurred in the prior year related to reductions in our workforce and the reorganization of various areas of the organization, which were also undertaken for a similar reason;

•
a decrease in costs incurred associated with shareowner activism;

•
the increase in interest expense was attributable to overall increased levels of debt, an increase in LIBOR, reduced capitalization of interest on developments and redevelopments, and our recently completed financing for Twelve Oaks Mall; and

•
the increase in depreciation and amortization expense was primarily due to changes in depreciable lives of tenant allowances in connection with early terminations, partially offset by a reduction of expenses related to insurance proceeds received for previously capitalized expenditures at The Mall of San Juan and expense incurred in 2017 as a result of the property damaged from Hurricane Maria.

Nonoperating income, net increased primarily due to an increase in the fair value of our SPG common shares investment and insurance recoveries received related to reimbursement of expensed costs at The Mall of San Juan due to the impact of Hurricane Maria.

Income tax benefit (expense) was favorable primarily due to a tax benefit from start-up operations related to our restaurant joint venture.

Equity in Income of the Unconsolidated Joint Ventures for the nine months ended September 30, 2018 increased by $3.6 million to $50.7 million from the comparable period in 2017. The increase was primarily attributable to favorable operating results from our recently opened developments in Asia. The increase was partially offset by the gain recognized on the sale of the Valencia Place office tower at Country Club Plaza in March 2017.


45

Net Income

Net income was $102.8 million for the nine months ended September 30, 2018 compared to $74.7 million for the nine months ended September 30, 2017. After allocation of income to noncontrolling, preferred, and participating interests, the net income attributable to Taubman Centers, Inc. common shareowners for the nine months ended September 30, 2018 was $54.9 million compared to $35.0 million in the comparable period in 2017. Diluted earnings per common share was $0.90 for the nine months ended September 30, 2018 compared to $0.58 for the nine months ended September 30, 2017.

Funds from Operations (FFO) and FFO per Common Share

Our FFO attributable to partnership unitholders and participating securities of TRG was $248.0 million for the nine months ended September 30, 2018 compared to $215.5 million for the nine months ended September 30, 2017. FFO per diluted common share was $2.85 for the nine months ended September 30, 2018 and $2.49 per diluted common share for the nine months ended September 30, 2017. Adjusted FFO attributable to partnership unitholders and participating securities of TRG for the nine months ended September 30, 2018 was $253.9 million, and excluded a reduction of a previously expensed restructuring charge, costs incurred associated with shareowner activism, the fluctuation in the fair value of our SPG common shares investment, and a charge recognized in connection to the write-off of deferred financing costs related to the early payoff of our $475 million unsecured term loan. Adjusted FFO attributable to partnership unitholders and participating securities of TRG for the nine months ended September 30, 2017 was $232.0 million, and excluded a restructuring charge, costs incurred associated with shareowner activism, and a charge recognized in connection with the partial write-off of deferred financing costs related to an amendment of our primary unsecured revolving line of credit in February 2017. Adjusted FFO per diluted common share was $2.92 for the nine months ended September 30, 2018 and $2.67 per diluted common share for the nine months ended September 30, 2017. See "Non-GAAP Measures - Use of Non-GAAP Measures" for the definition of FFO and "Non-GAAP Measures - Reconciliation of Non-GAAP Measures" for the reconciliation of Net Income Attributable to Taubman Centers, Inc. Common Shareowners to Funds from Operations and Adjusted Funds from Operations.

Comparable and Non-Comparable Center Operations

During the nine months ended September 30, 2018, the consolidated non-comparable centers contributed total operating revenues of $66.1 million, and incurred operating expenses, excluding interest expense and depreciation and amortization, of $33.2 million. During the nine months ended September 30, 2017, the consolidated non-comparable centers contributed total operating revenues of $67.2 million, and incurred operating expenses, excluding interest expense and depreciation and amortization, of $34.2 million.

See "Non-GAAP Measures - Use of Non-GAAP Measures" for the definition and discussion of Net Operating Income (NOI) and for the reconciliation of Net Income to NOI. For the nine months ended September 30, 2018, comparable center NOI excluding lease cancellation income was up 5.8% over the comparable period in 2017. Also, for the nine months ended September 30, 2018, comparable center NOI including lease cancellation income was up 7.0% over the comparable period in 2017.

For the nine months ended September 30, 2018, we recognized our $16.4 million share of lease cancellation income, as compared to $8.9 million for the nine months ended September 30, 2017.


46

Liquidity and Capital Resources

General

Our internally generated funds and distributions from operating centers and other investing activities, augmented by use of our existing revolving lines of credit, provide resources to maintain our current operations and assets, pay dividends, and fund a portion of our major capital investments. We pursue an overall strategy of creating value and recycling capital using long-term fixed rate financing on the centers upon stabilization, using any excess proceeds to reinvest in our business or reduce indebtedness. Generally, our need to access the capital markets is limited to refinancing debt obligations at or near maturity and funding major capital investments. From time to time, we also may access the equity markets or sell interests in operating properties to raise additional funds or refinance existing obligations on a strategic basis, including using any excess proceeds therefrom.

Property Encumbrances

We are primarily financed with property-specific secured debt and currently have five unencumbered center properties. The entities that own Beverly Center, Dolphin Mall, and The Gardens on El Paseo are guarantors under our primary unsecured revolving credit facility, $250 million unsecured term loan, and $300 million unsecured term loan, and are unencumbered assets under such facility and term loans. Under the related debt agreements, we are required to have a minimum of three eligible unencumbered assets with a minimum unencumbered asset value. Therefore, while any of the assets may be removed from the unencumbered asset pool and encumbered upon notice to lender, provided that there is no default and the required covenant calculations are met on a pro forma basis, a replacement eligible unencumbered asset would need to be added to the unencumbered asset pool. Besides the three centers previously noted, The Mall of San Juan and Stamford Town Center, a 50% owned Unconsolidated Joint Venture property, are unencumbered.

Cash and Revolving Lines of Credit

As of September 30, 2018, we had a consolidated cash balance of $38.0 million. We also have an unsecured revolving line of credit of $1.1 billion and a secured revolving line of credit of $65 million. The availability under these facilities as of September 30, 2018, after considering the outstanding balances, the outstanding letters of credit, and the current values of the unencumbered asset pool, was $340.3 million. Fourteen banks participate in our $1.1 billion primary unsecured revolving line of credit and the failure of one bank to fund a draw on our line does not negate the obligation of the other banks to fund their pro rata shares. The $1.1 billion unsecured facility matures in February 2021 with two six-month extension options, and bears interest at a range based on our total leverage ratio. As of September 30, 2018, the total leverage ratio resulted in a rate of LIBOR plus 1.70% with a 0.25% facility fee. As of September 30, 2018, the LIBOR rate is swapped to 1.65% through February 2019 on $225 million of the $1.1 billion unsecured facility. The primary unsecured revolving line of credit includes an accordion feature, which in combination with our $300 million unsecured term loan, would increase our borrowing capacity to as much as $2.0 billion in aggregate between the two facilities if fully exercised, subject to obtaining additional lender commitments, customary closing conditions, covenant compliance, and minimum asset values for the unencumbered asset pool. As of September 30, 2018, we could not utilize the accordion feature unless additional assets were added to our unencumbered asset pool.

Construction Facility and Other Financing Arrangements for China Projects

In addition to the revolving lines of credit described above, we often use construction financing where available and place non-recourse permanent financing on new assets upon their stabilization. We have a construction facility and other financing arrangements outstanding for our recently opened centers in China, as described in the following paragraphs.

Our joint venture that owns CityOn.Zhengzhou has a construction facility on which we can borrow up to 834 million Chinese Yuan Renminbi (RMB) ($121.4 million U.S. dollars using the September 30, 2018 exchange rate). We have an effective 49% interest in the Unconsolidated Joint Venture. The 11-year financing bears interest at 130% of the RMB People's Bank of China base lending rate for a loan term greater than five years, which resets in January of each year. The interest rate on the debt outstanding at September 30, 2018 was 6.37%. As of September 30, 2018, $38.3 million U.S. dollars were available under the construction facility using the September 30, 2018 exchange rate.

As a foreign investor, we are subject to various government approval processes and other hurdles in funding the construction of our Chinese projects. These hurdles have required our Xi'an and Zhengzhou ventures to obtain other financing arrangements, in the form of loans from partners or fully cash collateralized bank loans, to meet certain construction funding commitments in local currency. As of September 30, 2018, our share of such loans was approximately $125 million. These loans have fixed interest rates that range from 2.5% to 5.8%. These loans are collateralized with restricted cash on our Consolidated Balance Sheet.


47

Upcoming Maturity

The $150 million loan for The Mall at Green Hills matures in December 2018. We plan to exercise the first of two one-year extension options upon maturity.

Term Loans

In March 2018, we completed a $250 million unsecured term loan that matures in March 2023. The unsecured term loan bears interest at a range of LIBOR plus 1.25% to 1.90% based on our total leverage ratio. As of September 30, 2018, the total leverage ratio resulted in an interest rate of LIBOR plus 1.90%. The proceeds from this financing, in conjunction with the proceeds from the financing for Twelve Oaks Mall and borrowings on our revolving line of credits, were used to pay off our existing $475 million unsecured term loan. Our existing swaps on the $475 million unsecured term loan were applied to other unsecured debt, including the new $250 million unsecured term loan, resulting in an effective interest rate on the new term loan in the range of 2.89% to 3.54% through the remaining swap period ending in February 2019. In October 2018, we entered into additional forward starting swaps to fix the LIBOR rate to 3.02% on the $250 million unsecured term loan, effective in March 2019 through maturity, which will result in an effective interest rate in the range of 4.27% to 4.92%. The loan includes an accordion feature which would increase our borrowing capacity to as much as $400 million if fully exercised, subject to obtaining additional lender commitments, customary closing conditions, covenant compliance, and minimum asset values for the unencumbered asset pool. As of September 30, 2018, we could not utilize the accordion feature unless additional assets were added to our unencumbered asset pool.

We have a $300 million unsecured term loan that matures in February 2022. The unsecured term loan bears interest at a range of LIBOR plus 1.25% to 1.90% based on our total leverage ratio. As of September 30, 2018, the total leverage ratio resulted in an interest rate of LIBOR plus 1.90%. The LIBOR rate is swapped to a fixed rate of 2.14%, which results in an effective interest rate in the range of 3.39% to 4.04%. The loan includes an accordion feature which in combination with our $1.1 billion unsecured revolving line of credit would increase our borrowing capacity to as much as $2.0 billion in aggregate between the two facilities if fully exercised, subject to obtaining additional lender commitments, customary closing conditions, covenant compliance, and minimum asset values for the unencumbered asset pool. As of September 30, 2018, we could not utilize the accordion feature unless additional assets were added to our unencumbered asset pool.

SPG Common Shares Investment

As of September 30, 2018, we had an investment of 440,124 SPG common shares. In September 2018, we sold 150,000 common shares at an average price of $184.19 per share. In October 2018, an additional 150,000 SPG common shares were sold at an average price of $180.54 per share. Upon completion of the sale, the Company had 290,124 SPG common shares remaining. Proceeds from both sales were used to pay down our revolving lines of credit. We have never intended to hold the investment long-term and may elect to sell the remaining shares at any time.


48

Summaries of Capital Activities and Transactions for the Nine Months Ended September 30, 2018 and 2017

Operating Activities

Our net cash provided by operating activities was $209.7 million in 2018, compared to $206.6 million in 2017. See also "Results of Operations" for descriptions of 2018 and 2017 transactions affecting operating cash flows.

Investing Activities

Net cash used in investing activities was $278.8 million in 2018, compared to $188.3 million in 2017. Additions to properties in 2018 and 2017 related primarily to capital and tenant improvements at existing centers, including centers under redevelopment. A tabular presentation of 2018 and 2017 capital spending is shown in "Capital Spending." Net cash proceeds from the sales of peripheral land were $1.3 million in both 2018 and 2017. Proceeds from the sale of marketable securities were $27.6 million in 2018 and related to the sale of 150,000 SPG common shares. Insurance proceeds received for capital items at The Mall of San Juan were $5.8 million in 2018, and related to property damage for which we took write-offs in 2017. In 2017, we made a refundable deposit of $11.0 million relating to a potential development opportunity with Shinsegae in South Korea. After performing due diligence, we decided not to proceed with the project.

Contributions to Unconsolidated Joint Ventures were $94.2 million in 2018 and $3.5 million in 2017, primarily related to the funding of Starfield Anseong in 2018. Distributions from Unconsolidated Joint Ventures in excess of income were $1.5 million in 2018. Distributions from Unconsolidated Joint Ventures in excess of income were $74.7 million in 2017, which is primarily attributable to the proceeds from the sale of the Valencia Place office tower at Country Club Plaza and an incremental financing completed for The Mall at Millenia.

Financing Activities

Net cash provided by financing activities was $42.8 million in 2018, compared to $11.6 million used in financing activities in 2017. In 2018, proceeds from the issuance of debt, net of payments and issuance costs were $235.2 million, provided by the proceeds from our $250 million unsecured term loan, our $300 million financing on Twelve Oaks Mall, and borrowing on our revolving lines of credit, partially offset by the payoff of our $475 million unsecured term loan. In 2017, proceeds from the issuance of debt, net of payments and issuance costs were $175.2 million, generally provided by the proceeds from our $300 million unsecured term loan and borrowings on our revolving lines of credit and construction facility for International Market Place, partially offset by the payoff of the construction facility for The Mall of San Juan.

In 2018, $2.3 million was paid in connection with incentive plans, compared to $1.6 million received in 2017. Total dividends and distributions paid were $190.1 million and $188.5 million in 2018 and 2017, respectively.

Effect of Exchange Rate Fluctuations

Net decreases in cash, cash equivalents, and restricted cash related to exchange rate fluctuations were $4.9 million and $0.4 million, in 2018 and 2017, respectively. The fluctuations are related to our restricted cash denominated in foreign currencies held as collateral for financing arrangements related to our Asia investments. See "Note 13 - Cash Flow Disclosures and Non-Cash Investing and Financing Activities" to our consolidated financial statements for more information regarding our restricted cash related to our Asia investments.

49

Beneficial Interest in Debt

At September 30, 2018, the Operating Partnership's debt and its beneficial interest in the debt of its Consolidated Businesses and Unconsolidated Joint Ventures totaled $4,944.1 million, with an average interest rate of 3.90% excluding amortization of debt issuance costs and interest rate hedging costs, if any. These costs are reported as interest expense in the results of operations. Interest expense includes non-cash amortization of premiums relating to acquisitions, if any. As of September 30, 2018, there were no unamortized premiums and no interest rate hedging costs being amortized. Beneficial interest in debt includes debt used to fund development and expansion costs. Beneficial interest in construction work in progress totaled $602.8 million as of September 30, 2018, which includes $559.8 million of assets on which interest is being capitalized. The following table presents information about our beneficial interest in debt as of September 30, 2018:
 
Amount
 
Interest Rate Including Spread
 
 
(in millions)
 
 
 
Fixed rate debt
$
3,155.9

 
3.94
%
(1) 
 
 
 
 
 
Floating rate debt swapped to fixed rate:
 
 
 
  
Swap maturing in February 2019
250.0

 
3.54
%
 
Swap maturing in February 2019
225.0

 
3.35
%
 
Swap maturing in September 2020
17.9

 
3.12
%
 
Swap maturing in December 2021
81.7

 
3.58
%
 
Swap maturing in February 2022
300.0

 
4.04
%
 
Swap maturing in March 2024
12.0

 
3.49
%
 
 
$
886.6

 
3.65
%
(1) 
 
 
 
 
 
Floating month to month
919.8

 
4.01
%
(1) 
Total floating rate debt
$
1,806.4

 
3.84
%
(1) 
 
 
 
 
 
Total beneficial interest in debt
$
4,962.3

 
3.90
%
(1) 
 
 
 
 
 
Total deferred financing costs, net
$
(18.2
)
 
 
 
 
 
 
 
 
Net beneficial interest in debt
$
4,944.1

 
 
 
 
 
 
 
 
Amortization of deferred financing costs (2)
 

 
0.19
%
 
Average all-in rate
 

 
4.10
%
 

(1)
Represents weighted average interest rate before amortization of deferred financing costs.
(2)
Deferred financing costs include debt issuance costs including amortization of deferred financing costs from revolving lines of credit and other fees not listed above.
(3)
Amounts in table may not add due to rounding.

Sensitivity Analysis

We have exposure to interest rate risk on our debt obligations and interest rate instruments. We use derivative instruments primarily to manage exposure to interest rate risks inherent in variable rate debt and refinancings. We routinely use cap, swap, and treasury lock agreements to meet these objectives. Based on the Operating Partnership's beneficial interest in floating rate debt in effect at September 30, 2018, a one percent increase in interest rates on this floating rate debt would decrease cash flows by $9.2 million, and due to the effect of capitalized interest, decrease annual earnings by $7.9 million. A one percent decrease in interest rates would increase cash flows by $9.2 million and due to the effect of capitalized interest, increase annual earnings by $7.9 million. Based on our consolidated debt and interest rates in effect at September 30, 2018, a one percent increase in interest rates would decrease the fair value of debt by $136.0 million, while a one percent decrease in interest rates would increase the fair value of debt by $148.0 million.



50

Loan Commitments and Guarantees

Certain loan agreements contain various restrictive covenants, including the following corporate covenants on our primary unsecured revolving line of credit, as well as our $250 million and $300 million unsecured term loans and the loan on International Market Place: a minimum net worth requirement, a maximum total leverage ratio, a maximum secured leverage ratio, a minimum fixed charge coverage ratio, a maximum recourse secured debt ratio, and a maximum payout ratio. In addition, our primary unsecured revolving line of credit and unsecured term loans have unencumbered pool covenants, which currently apply to Beverly Center, Dolphin Mall, and The Gardens on El Paseo on a combined basis. These covenants include a minimum number and minimum value of eligible unencumbered assets, a maximum unencumbered leverage ratio, a minimum unencumbered interest coverage ratio, and a minimum unencumbered asset occupancy ratio. As of September 30, 2018, the corporate total leverage ratio was the most restrictive covenant. We were in compliance with all of our loan covenants and obligations as of September 30, 2018. The maximum payout ratio covenant limits the payment of distributions generally to 95% of FFO, as defined in the loan agreements, except as required to maintain our tax status, pay preferred distributions, and for distributions related to the sale of certain assets. See "Note 5 - Beneficial Interest in Debt and Interest Expense" to our consolidated financial statements for more details on loan guarantees.

Cash Tender Agreement

The A. Alfred Taubman Restated Revocable Trust, Taubman Ventures Group LLC, and other specified entities have the right to tender TRG Units and cause us to purchase the tendered interests at a purchase price based on a market valuation of TCO on the trading date immediately preceding the date of the tender. See “Note 9 – Commitments and Contingencies – Cash Tender” to our consolidated financial statements for more details.

Capital Spending

Internally generated funds and excess proceeds from refinancings of maturing debt obligations, as well as borrowings under our revolving lines of credit would be sufficient to finance the anticipated remaining costs of our developments and redevelopments, but we also expect additional proceeds from our construction loan and other financing arrangements (see "Liquidity and Capital Resources - Construction Facility and Other Financing Arrangements for China Projects" above) and have the option to sell our remaining SPG common shares (see "Liquidity and Capital Resources - Simon Property Group Common Shares Investment" above).

Redevelopments

We are working on a comprehensive renovation of Beverly Center scheduled to be completed by the 2018 holiday season. The project will cost approximately $500 million and we expect a return of 3% to 4% at stabilization in 2020. The projected return was calculated using the estimated cash flow differential between two scenarios; a full renovation and a non-renovation scenario. As of September 30, 2018, we had capitalized costs of $400.6 million related to this renovation.

We have an ongoing redevelopment project at The Mall at Green Hills that will add approximately 170,000 square feet of incremental GLA that we expect to be completed in 2019. The project will cost approximately $200 million, and we expect a return of 6.5% to 7.5% at stabilization. As of September 30, 2018, we had capitalized costs of $135.9 million related to this redevelopment project.

New Development

We have partnered with Shinsegae to build, lease, and manage Starfield Anseong, an approximately 1.1 million square foot shopping center, in Anseong, Gyeonggi Province, South Korea. We expect to beneficially own a 24.5% interest in the project; however we currently own and are funding 49% of the project until an additional capital partner is admitted. The center is scheduled to open in late 2020. As of September 30, 2018, we had invested $96.2 million in the project, after cumulative currency translation adjustments. Our total anticipated investment, including capitalized interest, will be about $140 million to $150 million for our expected 24.5% equity interest in the project, excluding fluctuations in foreign currency exchange rates. We are expecting a 6.25% to 6.75% unlevered after-tax return at stabilization before performance-related fee income from the expected capital partner. Our investment is being accounted for on the equity method as an Unconsolidated Joint Venture.





51

2018 Capital Spending

Capital spending for routine maintenance of the shopping centers is generally recovered from tenants. Capital spending through September 30, 2018, is summarized in the following table:
 
2018 (1)
 
Consolidated Businesses
 
Beneficial Interest in Consolidated Businesses
 
Unconsolidated Joint Ventures
 
Beneficial Interest in Unconsolidated Joint Ventures
 
(in millions)
New development projects - Asia (2)
 
 
 
 
$
88.8

 
$
92.6

Existing centers:
 
 
 
 
 
 
 
Projects with incremental GLA or anchor replacement(3)
$
42.1

 
$
42.1

 
0.2

 
0.1

Projects with no incremental GLA and other (4)
144.1

 
139.7

 
12.9

 
6.9

Mall tenant allowances
18.7

 
17.2

 
15.5

 
8.0

Asset replacement costs recoverable from tenants
7.8

 
7.4

 
6.5

 
3.5

Corporate office improvements, technology, equipment, and other
2.0

 
2.0

 
 
 
 
Total
$
214.7

 
$
208.4

 
$
123.8

 
$
111.0


(1)
Costs are net of intercompany profits and are computed on an accrual basis.
(2)
Includes costs related to Starfield Anseong. The amounts at beneficial interest exceed those at 100% due to the true-up of accruals for previously estimated capital spending at CityOn.Xi'an and CityOn.Zhengzhou. Asia spending for Starfield Anseong is included at our beneficial interest in both the Unconsolidated Joint Ventures at 100% and Unconsolidated Joint Ventures at beneficial interest columns.
(3)
Includes costs related to The Mall at Green Hills redevelopment.
(4)
Includes costs related to the Beverly Center renovation.
(5)
Amounts in this table may not add due to rounding.

For the nine months ended September 30, 2018, in addition to the costs above, we incurred our $5.7 million share of Consolidated Businesses’ capitalized leasing costs and $2.0 million share of Unconsolidated Joint Ventures’ capitalized leasing costs.

The following table presents a reconciliation of the Consolidated Businesses’ capital spending shown above (on an accrual basis) to additions to properties (on a cash basis) as presented in our Consolidated Statement of Cash Flows for the nine months ended September 30, 2018:
 
(in millions)
Consolidated Businesses’ capital spending
$
214.7

Other differences between cash and accrual basis
6.0

Additions to properties
$
220.7



52

Planned 2018 Capital Spending

The following table summarizes planned capital spending for 2018, including actual spending through September 30, 2018 and anticipated spending for the remainder of the year:

 
2018 (1)
 
Consolidated Businesses
 
Beneficial Interest in Consolidated Businesses
 
Unconsolidated Joint Ventures
 
Beneficial Interest in Unconsolidated Joint Ventures
 
(in millions)
New development projects - Asia (2)
 
 
 
 
$
88.8

 
$
92.6

Existing centers:
 
 
 
 
 
 
 
Projects with incremental GLA or anchor replacement (3)
$
63.3

 
$
63.3

 
0.2

 
0.1

Projects with no incremental GLA and other (4)
197.3

 
187.4

 
20.9

 
12.6

Mall tenant allowances
36.9

 
30.9

 
21.3

 
10.9

Asset replacement costs recoverable from tenants
21.3

 
20.1

 
15.4

 
8.7

Corporate office improvements, technology, equipment, and other
5.1

 
5.1

 
 
 
 
Total
$
323.9

 
$
306.7

 
$
146.6

 
$
124.9


(1)
Costs are net of intercompany profits and are computed on an accrual basis.
(2)
Includes costs related to Starfield Anseong. The amounts at beneficial interest exceed those at 100% due to the true-up of accruals for previously estimated capital spending at CityOn.Xi'an and CityOn.Zhengzhou. Asia spending for Starfield Anseong is included at our beneficial interest in both the Unconsolidated Joint Ventures at 100% and Unconsolidated Joint Ventures at beneficial interest columns.
(3)
Includes costs related to The Mall at Green Hills redevelopment.
(4)
Includes costs related to the Beverly Center renovation.
(5)
Amounts in this table may not add due to rounding.

We are currently projecting spending related to mall tenant allowances in 2018 and 2019 to be higher than our historical averages. As our tenant mix continues to evolve to include more large format tenants such as fast fashion, restaurants, and entertainment, increased tenant allowances have been provided to attract the best tenants to our centers. We believe bringing in great retailers that will drive traffic and productivity to our centers is in the best interest of each center.

Disclosures regarding planned capital spending, including estimates regarding timing of openings, capital expenditures, occupancy, and returns on new developments and redevelopments are forward-looking statements and certain significant factors could cause the actual results to differ materially, including but not limited to (1) actual results of negotiations with anchors, tenants, and contractors, (2) timing and outcome of litigation and entitlement processes, (3) changes in the scope, number, and valuation of projects, (4) cost overruns, (5) timing of expenditures, (6) availability of and cost of financing and other financing considerations, (7) actual time to start construction and complete projects, (8) changes in economic climate, (9) competition from others attracting tenants and customers, (10) increases in operating costs, (11) timing of tenant openings, (12) early lease terminations and bankruptcies, (13) fluctuations in foreign currency exchange rates, and (14) other risks included in "Risk Factors" in our most recent Annual Report on Form 10-K. In addition, estimates of capital spending will change as new projects are approved by our Board of Directors.


53

Dividends

We pay regular quarterly dividends to our common and preferred shareowners and expect to continue to pay dividends for the foreseeable future. However, dividends to our common shareowners are at the discretion of the Board of Directors and depend on the cash available to us, our financial condition, capital and other requirements, and such other factors as the Board of Directors deems relevant. To qualify as a REIT, we must distribute at least 90% of our REIT taxable income prior to net capital gains to our shareowners, as well as meet certain other requirements. We must pay these distributions in the taxable year the income is recognized, or in the following taxable year if they are declared during the last three months of the taxable year, payable to shareowners of record on a specified date during such period and paid during January of the following year. Such distributions are treated as paid by us and received by our shareowners on December 31 of the year in which they are declared. In addition, at our election, a distribution for a taxable year may be declared in the following taxable year if it is declared before we timely file our tax return for such year and if paid on or before the first regular dividend payment after such declaration. These distributions qualify as dividends paid for the 90% REIT distribution test for the previous year and are taxable to holders of our capital stock in the year in which paid. Preferred dividends accrue regardless of whether earnings, cash availability, or contractual obligations were to prohibit the current payment of dividends.

The annual determination of our common dividends is based on anticipated FFO available after preferred dividends and our REIT taxable income, as well as assessments of annual capital spending, financing considerations, and other appropriate factors.

Any inability of the Operating Partnership or its joint ventures to secure financing as required to fund maturing debts, capital expenditures and changes in working capital, including development activities and expansions, may require the utilization of cash to satisfy such obligations, thereby possibly reducing distributions to partners of the Operating Partnership and funds available to us for the payment of dividends.

On September 6, 2018, we declared a quarterly dividend of $0.655 per common share, $0.40625 per share on our 6.5% Series J Preferred Stock, and $0.390625 per share on our 6.25% Series K Preferred Stock, all of which were paid on September 28, 2018 to shareowners of record on September 17, 2018.
New Accounting Pronouncements

Refer to "Note 14 - New Accounting Pronouncements" in the consolidated financial statements, regarding our ongoing evaluation of Accounting Standards Update (ASU) No. 2016-13, addressing credit losses for financial instruments, and ASU No. 2016-02 and ASU No. 2018-11, addressing leases.



54

Non-GAAP Measures

Use of Non-GAAP Measures

We use NOI as an alternative measure to evaluate the operating performance of centers, both on individual and stabilized portfolio bases. We define NOI as property-level operating revenues (includes rental income excluding straight-line adjustments of minimum rent) less maintenance, property taxes, utilities, promotion, ground rent (including straight-line adjustments), and other property operating expenses. Since NOI excludes general and administrative expenses, pre-development charges, interest income and expense, depreciation and amortization, impairment charges, restructuring charges, and gains from land and property dispositions, it provides a performance measure that, when compared period over period, reflects the revenues and expenses most directly associated with owning and operating rental properties, as well as the impact on their operations from trends in mall tenant sales, occupancy and rental rates, and operating costs. We also use NOI excluding lease cancellation income as an alternative measure because this income may vary significantly from period to period, which can affect comparability and trend analysis. We generally provide separate projections for expected NOI growth and our lease cancellation income.

The following reconciliations include the supplemental earnings measures of EBITDA and FFO. EBITDA represents earnings before interest, income taxes, and depreciation and amortization of our consolidated and unconsolidated businesses. We believe EBITDA generally provides a useful indicator of operating performance, as it is customary in the real estate and shopping center business to evaluate the performance of properties on a basis unaffected by capital structure.

The National Association of Real Estate Investment Trusts (NAREIT) defines FFO as net income (computed in accordance with Generally Accepted Accounting Principles (GAAP)), excluding gains (or losses) from extraordinary items, sales of properties, and impairment write-downs of depreciable real estate, plus real estate related depreciation and after adjustments for unconsolidated partnerships and joint ventures. We believe that FFO is a useful supplemental measure of operating performance for REITs. Historical cost accounting for real estate assets implicitly assumes that the value of real estate assets diminishes predictably over time. Since real estate values instead have historically risen or fallen with market conditions, we and most industry investors and analysts have considered presentations of operating results that exclude historical cost depreciation to be useful in evaluating the operating performance of REITs. We primarily use FFO in measuring performance and in formulating corporate goals and compensation.

We may also present adjusted versions of NOI and FFO when used by management to evaluate our operating performance when certain significant items have impacted our results that affect comparability with prior or future periods due to the nature or amounts of these items. In addition to the reasons noted above for each measure, we believe the disclosure of the adjusted items is similarly useful to investors and others to understand management's view on comparability of such measures between periods. For the three and nine months ended September 30, 2018, FFO was adjusted to exclude costs incurred associated with shareowner activism and the fluctuation in the fair value of the SPG common shares investment. In addition, for the nine months ended September 30, 2018, FFO was also adjusted to exclude a reduction of a previously expensed restructuring charge and a charge recognized in connection with the write-off of deferred financing costs related to the early payoff of our $475 million unsecured term loan. For the three and nine months ended September 30, 2017, FFO was adjusted to exclude a restructuring charge and costs incurred associated with shareowner activism. In addition, for the nine months ended September 30, 2017, FFO was also adjusted to exclude a charge recognized in connection with the partial write-off of deferred financing costs related to an amendment of our primary unsecured revolving line of credit in February 2017.

Our presentations of NOI, EBITDA, FFO, and adjusted versions of these measures, if any, are not necessarily comparable to the similarly titled measures of other REITs due to the fact that not all REITs use the same definitions. These measures should not be considered alternatives to net income or as an indicator of our operating performance. Additionally, these measures do not represent cash flows from operating, investing, or financing activities as defined by GAAP. Reconciliations of Net Income Attributable to Taubman Centers, Inc. Common Shareowners to Funds from Operations and Adjusted Funds from Operations and Net Income to Net Operating Income are presented in the following section.

Reconciliation of Non-GAAP Measures

The following includes reconciliations of our non-GAAP financial measures: Net Income Attributable to Taubman Centers, Inc. Common Shareowners to Funds from Operations and Adjusted Funds from Operations and Net Income to Net Operating Income.




55

Reconciliation of Net Income Attributable to Taubman Centers, Inc. Common Shareowners to Funds from Operations and Adjusted Funds from Operations
 
Three Months Ended September 30
 
2018
 
2017
 
Dollars in millions
 
Diluted Shares/ Units
 
Per Share/ Unit
 
Dollars in millions
 
Diluted Shares/ Units
 
Per Share/ Unit
Net income attributable to TCO common shareowners - basic
$
21.0

 
61,001,357

 
$
0.34

 
$
4.4

 
60,710,184

 
$
0.07

Add impact of share-based compensation
—

 
294,710

 
 
 
—

 
288,967

 
 
Net income attributable to TCO common shareowners - diluted
$
21.0

 
61,296,067

 
$
0.34

 
$
4.4

 
60,999,151

 
$
0.07

Add depreciation of TCO's additional basis
1.6

 
 
 
0.03

 
1.6

 
 
 
0.03

Less TCO's additional income tax benefit
(0.1
)
 
 
 
—

 
(0.4
)
 
 
 
(0.01
)
Net income attributable to TCO common shareowners, excluding step-up depreciation and additional income tax benefit
$
22.5

 
61,296,067

 
$
0.37

 
$
5.6

 
60,999,151

 
$
0.09

Add:
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling share of income of TRG
9.2

 
24,943,960

 
 
 
2.3

 
24,957,233

 
 
Distributions to participating securities of TRG
0.6

 
871,262

 
 
 
0.6

 
871,262

 
 
Net income attributable to partnership unitholders and participating securities of TRG
$
32.3

 
87,111,289

 
$
0.37

 
$
8.5

 
86,827,646

 
$
0.09

Add (less) depreciation and amortization (1):
 
 
 
 
 
 
 
 
 
 
 
Consolidated businesses at 100%
46.3

 
 
 
0.53

 
45.8

 
 
 
0.53

Depreciation of TCO’s additional basis
(1.6
)
 
 
 
(0.02
)
 
(1.6
)
 
 
 
(0.02
)
Noncontrolling partners in consolidated joint ventures
(1.9
)
 
 
 
(0.02
)
 
(2.0
)
 
 
 
(0.02
)
Share of Unconsolidated Joint Ventures
17.2

 
 
 
0.20

 
16.6

 
 
 
0.19

Non-real estate depreciation
(1.1
)
 
 
 
(0.01
)
 
(0.9
)
 
 
 
(0.01
)
Less impact of share-based compensation
—

 
 
 
—

 
—

 
 
 
—

Funds from Operations attributable to partnership unitholders and participating securities of TRG
$
91.1

 
87,111,289

 
$
1.05

 
$
66.4

 
86,827,646

 
$
0.76

TCO's average ownership percentage of TRG - basic
71.0
%
 
 
 
 
 
70.9
%
 
 
 
 
Funds from Operations attributable to TCO's common shareowners, excluding additional income tax benefit
$
64.7

 
 
 
$
1.05

 
$
47.1

 
 
 
$
0.76

Add TCO's additional income tax benefit
0.1

 
 
 
—

 
0.4

 
 
 
—

Funds from Operations attributable to TCO's common shareowners
$
64.8

 
 
 
$
1.05

 
$
47.4

 
 
 
$
0.77

 
 
 
 
 
 
 
 
 
 
 
 
Funds from Operations attributable to partnership unitholders and participating securities of TRG
$
91.1

 
87,111,289

 
$
1.05

 
$
66.4

 
86,827,646

 
$
0.76

Restructuring charge
 
 
 
 


 
1.8

 
 
 
0.02

Costs associated with shareowner activism
1.5

 
 
 
0.02

 
3.5

 
 
 
0.04

Fluctuation in fair value of SPG common shares investment
(5.0
)
 
 
 
(0.06
)
 
 
 
 
 


Adjusted Funds from Operations attributable to partnership unitholders and participating securities of TRG
$
87.6

 
87,111,289

 
$
1.01

 
$
71.6

 
86,827,646

 
$
0.83

TCO's average ownership percentage of TRG - basic
71.0
%
 
 
 
 
 
70.9
%
 
 
 
 
Adjusted Funds from Operations attributable to TCO's common shareowners
$
62.2

 
 
 
$
1.01

 
$
50.8

 
 
 
$
0.83


(1)
Depreciation includes $5.0 million and $3.5 million of mall tenant allowance amortization for the three months ended September 30, 2018 and 2017, respectively.
(2)
Amounts in this table may not recalculate due to rounding.














56

Reconciliation of Net Income Attributable to Taubman Centers, Inc. Common Shareowners to Funds from Operations and Adjusted Funds from Operations
 
Nine Months Ended September 30
 
2018
 
2017
 
Dollars in millions
 
Diluted Shares/ Units
 
Per Share/ Unit
 
Dollars in millions
 
Diluted Shares/ Units
 
Per Share/ Unit
Net income attributable to TCO common shareowners - basic
$
54.9

 
60,970,572

 
$
0.90

 
$
35.0

 
60,654,026

 
$
0.58

Add impact of share-based compensation
0.1

 
274,729

 
 
 
0.1

 
364,829

 
 
Net income attributable to TCO common shareowners - diluted
$
55.0

 
61,245,301

 
$
0.90

 
$
35.1

 
61,018,855

 
$
0.58

Add depreciation of TCO's additional basis
4.9

 
 
 
0.08

 
4.9

 
 
 
0.08

Less TCO's additional income tax benefit
(0.1
)
 
 
 
—

 
(0.3
)
 
 
 
—

Net income attributable to TCO common shareowners, excluding step-up depreciation and additional income tax benefit
$
59.7

 
61,245,301

 
$
0.97

 
$
39.7

 
61,018,855

 
$
0.65

Add:
 
 
 
 
 
 
 
 
 
 
 
Noncontrolling share of income of TRG
24.4

 
24,950,161

 
 
 
16.3

 
24,968,434

 
 
Distributions to participating securities of TRG
1.8

 
871,262

 
 
 
1.7

 
871,262

 
 
Net income attributable to partnership unitholders and participating securities of TRG
$
85.9

 
87,066,724

 
$
0.98

 
$
57.7

 
86,858,551

 
$
0.66

Add (less) depreciation and amortization (1):
 
 
 
 
 
 
 
 
 
 
 
Consolidated businesses at 100%
124.3

 
 
 
1.43

 
123.0

 
 
 
1.42

Depreciation of TCO’s additional basis
(4.9
)
 
 
 
(0.06
)
 
(4.9
)
 
 
 
(0.06
)
Noncontrolling partners in consolidated joint ventures
(5.5
)
 
 
 
(0.06
)
 
(5.6
)
 
 
 
(0.06
)
Share of Unconsolidated Joint Ventures
51.6

 
 
 
0.59

 
49.8

 
 
 
0.57

Non-real estate depreciation
(3.4
)
 
 
 
(0.04
)
 
(2.4
)
 
 
 
(0.03
)
Less beneficial share of gain on disposition, net of tax
 
 
 
 


 
(2.1
)
 
 
 
(0.02
)
Less impact of share-based compensation
(0.1
)
 
 
 
—

 
(0.1
)
 
 
 
—

Funds from Operations attributable to partnership unitholders and participating securities of TRG
$
248.0

 
87,066,724

 
$
2.85

 
$
215.5

 
86,858,551

 
$
2.48

TCO's average ownership percentage of TRG - basic
71.0
%
 
 
 
 
 
70.8
%
 
 
 
 
Funds from Operations attributable to TCO's common shareowners, excluding additional income tax benefit
$
176.0

 
 
 
$
2.85

 
$
152.7

 
 
 
$
2.48

Add TCO's additional income tax benefit
0.1

 
 
 
—

 
0.3

 
 
 
—

Funds from Operations attributable to TCO's common shareowners
$
176.1

 
 
 
$
2.85

 
$
152.9

 
 
 
$
2.49

 
 
 
 
 
 
 
 
 
 
 
 
Funds from Operations attributable to partnership unitholders and participating securities of TRG
$
248.0

 
87,066,724

 
$
2.85

 
$
215.5

 
86,858,551

 
$
2.48

Restructuring charge
(0.4
)
 
 
 
—

 
4.1

 
 
 
0.05

Costs associated with shareowner activism
10.0

 
 
 
0.11

 
12.0

 
 
 
0.14

Fluctuation in fair value of SPG common shares investment
(4.1
)
 
 
 
(0.05
)
 
 
 
 
 


Write-off of deferred financing costs
0.4

 
 
 
—

 
0.4

 
 
 
—

Adjusted Funds from Operations attributable to partnership unitholders and participating securities of TRG
$
253.9

 
87,066,724

 
$
2.92

 
$
232.0

 
86,858,551

 
$
2.67

TCO's average ownership percentage of TRG - basic
71.0
%
 
 
 
 
 
70.8
%
 
 
 
 
Adjusted Funds from Operations attributable to TCO's common shareowners
$
180.1

 
 
 
$
2.92

 
$
164.3

 
 
 
$
2.67


(1)
Depreciation includes $12.8 million and $10.4 million of mall tenant allowance amortization for the nine months ended September 30, 2018 and 2017, respectively.
(2)
Amounts in this table may not recalculate due to rounding.


57

Reconciliation of Net Income to Net Operating Income

 
Three Months Ended September 30
 
 
(in millions)
 
2018
 
2017
 
Net income
$
38.1

 
$
14.3

 
 
 
 
 
 
Add (less) depreciation and amortization:
 
 
 
 
Consolidated businesses at 100%
46.3

 
45.8

 
Noncontrolling partners in consolidated joint ventures
(1.9
)
 
(2.0
)
 
Share of Unconsolidated Joint Ventures
17.2

 
16.6

 
 
 
 
 
 
Add (less) interest expense and income tax expense (benefit):
 
 
 
 
Interest expense:
 
 
 
 
Consolidated businesses at 100%
33.4

 
27.8

 
Noncontrolling partners in consolidated joint ventures
(3.0
)
 
(3.0
)
 
Share of Unconsolidated Joint Ventures
17.1

 
16.6

 
Income tax expense (benefit):
 
 
 
 
Consolidated businesses at 100%
(1.0
)
 
0.1

 
Noncontrolling partners in consolidated joint ventures
(0.1
)
 
—

 
Share of Unconsolidated Joint Ventures
1.0

 
0.1

 
 
 
 
 
 
Less noncontrolling share of income of consolidated joint ventures
(1.6
)
 
(1.2
)
 
 
 
 
 
 
Add EBITDA attributable to outside partners:
 
 
 
 
EBITDA attributable to noncontrolling partners in consolidated joint ventures
6.5

 
6.2

 
EBITDA attributable to outside partners in Unconsolidated Joint Ventures
48.4

 
42.4

 
 
 
 
 
 
EBITDA at 100%
$
200.6

 
$
163.6

 
 
 
 
 
 
Add (less) items excluded from shopping center Net Operating Income:
 
 
 
 
General and administrative expenses
8.5

 
9.5

 
Management, leasing, and development services, net
(0.4
)
 
(0.6
)
 
Restructuring charge


 
1.8

 
Costs associated with shareowner activism
1.5

 
3.5

 
Straight-line of rents
(2.3
)
 
(2.4
)
 
Fluctuation in fair value of SPG common shares investment
(5.0
)
 
 
 
Insurance recoveries - The Mall of San Juan
(0.1
)
 
 
 
Gains on sales of peripheral land
(1.0
)
 
(0.9
)
 
Dividend income
(1.2
)
 
(1.1
)
 
Interest income
(2.0
)
 
(0.8
)
 
Other nonoperating income
 
 
(0.1
)
 
Unallocated operating expenses and other
8.1

 
10.4

 
Net Operating Income at 100% - total portfolio
$
206.8

 
$
182.9

 
Less Net Operating Income of non-comparable centers (1)
(17.7
)
 
(11.4
)
 
Net Operating Income at 100% - comparable centers
$
189.1

 
$
171.5

 
Lease cancellation income
(3.0
)
 
(1.2
)
 
Net Operating Income at 100% excluding lease cancellation income (2)
$
186.1

 
$
170.3

 

(1)    Includes Beverly Center, CityOn.Zhengzhou, The Mall of San Juan, and Taubman Prestige Outlets Chesterfield.
(2)
See "Non-GAAP Measures - Use of Non-GAAP Measures" above for a discussion of the use and utility of Net Operating Income excluding lease cancellation income as a performance measure.
(3) Amounts in this table may not add due to rounding.








58

Reconciliation of Net Income to Net Operating Income

 
Nine Months Ended September 30
 
 
(in millions)
 
2018
 
2017
 
Net income
$
102.8

 
$
74.7

 
 
 
 
 
 
Add (less) depreciation and amortization:
 
 
 
 
Consolidated businesses at 100%
124.3

 
123.0

 
Noncontrolling partners in consolidated joint ventures
(5.5
)
 
(5.6
)
 
Share of Unconsolidated Joint Ventures
51.6

 
49.8

 
 
 
 
 
 
Add (less) interest expense and income tax expense (benefit):
 
 
 
 
Interest expense:
 
 
 
 
Consolidated businesses at 100%
97.2

 
80.1

 
Noncontrolling partners in consolidated joint ventures
(9.0
)
 
(8.9
)
 
Share of Unconsolidated Joint Ventures
51.1

 
50.2

 
Income tax expense (benefit):
 
 
 
 
Consolidated businesses at 100%
(0.8
)
 
0.4

 
Noncontrolling partners in consolidated joint ventures
(0.1
)
 
(0.1
)
 
Share of Unconsolidated Joint Ventures
2.4

 
2.3

 
Share of income tax expense on disposition
 
 
0.7

 
 
 
 
 
 
Less noncontrolling share of income of consolidated joint ventures
(4.4
)
 
(4.3
)
 
 
 
 
 
 
Add EBITDA attributable to outside partners:
 
 
 
 
EBITDA attributable to noncontrolling partners in consolidated joint ventures
19.0

 
18.9

 
EBITDA attributable to outside partners in Unconsolidated Joint Ventures
145.7

 
135.3

 
 
 
 
 
 
EBITDA at 100%
$
574.3

 
$
516.4

 
 
 
 
 
 
Add (less) items excluded from shopping center Net Operating Income:
 
 
 
 
General and administrative expenses
25.5

 
29.6

 
Management, leasing, and development services, net
(1.3
)
 
(1.7
)
 
Restructuring charge
(0.4
)
 
4.1

 
Costs associated with shareowner activism
10.0

 
12.0

 
Straight-line of rents
(9.7
)
 
(7.1
)
 
Fluctuation in fair value of SPG common shares investment
(4.1
)
 
 
 
Insurance recoveries - The Mall of San Juan
(1.1
)
 
 
 
Gain on disposition
 
 
(4.4
)
 
Gains on sales of peripheral land
(1.0
)
 
(2.6
)
 
Dividend income
(3.5
)
 
(3.1
)
 
Interest income
(5.6
)
 
(5.0
)
 
Other nonoperating income
—

 
(0.1
)
 
Unallocated operating expenses and other
24.7

 
26.8

 
Net Operating Income at 100% - total portfolio
$
607.7

 
$
564.7

 
Less Net Operating Income of non-comparable centers (1)
(44.3
)
 
(38.1
)
 
Net Operating Income at 100% - comparable centers
$
563.5

 
$
526.6

 
Lease cancellation income
(16.8
)
 
(9.9
)
 
Net Operating Income at 100% excluding lease cancellation income (2)
$
546.7

 
$
516.6

 

(1)    Includes Beverly Center, CityOn.Zhengzhou, The Mall of San Juan, and Taubman Prestige Outlets Chesterfield.
(2)
See "Non-GAAP Measures - Use of Non-GAAP Measures" above for a discussion of the use and utility of Net Operating Income excluding lease cancellation income as a performance measure.
(3) Amounts in this table may not add due to rounding.


59

Item 3.
Quantitative and Qualitative Disclosures About Market Risk

The information required by this item is included in this report at Item 2 under the caption "Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and Capital Resources – Sensitivity Analysis."

Item 4.
Controls and Procedures

As of the end of the period covered by this quarterly report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of September 30, 2018, our disclosure controls and procedures were effective to ensure the information required to be disclosed by us in reports that we file or submit under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized, and reported within the time periods prescribed by the SEC, and that such information is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

There were no changes in our internal control over financial reporting that occurred during the quarter ended September 30, 2018 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.


60

PART II
OTHER INFORMATION

Item 1.
Legal Proceedings

On October 17, 2017, Plaza Internacional Puerto Rico LLC (Plaza Internacional), the owner of The Mall of San Juan (the Mall), filed a civil action in the Commonwealth of Puerto Rico Court of First Instance, San Juan Judicial Center, Superior Court, Civil No. SJ2017CV02094 (503), against Saks Fifth Avenue Puerto Rico, Inc. (Saks PR), and Saks Incorporated (Saks Inc.). The lawsuit asks the court to compel Saks PR and Saks Inc. to immediately remediate and repair the Saks Fifth Avenue store (the Store) that was damaged by Hurricane Maria on September 20, 2017, to reopen the Store on the completion of the reconstruction, and to operate the Store in accordance with the Operating Covenant contained in the Construction, Operation and Reciprocal Easement Agreement among Plaza Internacional, Saks PR, and Nordstrom Puerto Rico LLC (Nordstrom PR) made as of April 23, 2013 (the REA). In response, Saks PR and Saks Inc. filed a Counterclaim, alleging that they have no obligation to repair, remediate, reconstruct, or reopen the Store, asserting various alleged breaches of the REA and other operating agreements. Plaza Internacional filed a motion for a preliminary injunction directing Saks PR to repair, reopen, and operate the Store, but, on March 28, 2018, the Court of First Instance denied Plaza Internacional’s motion, and, on September 12, 2018, the Court of Appeals of Puerto Rico affirmed that ruling, each without prejudging the merits of the substantive claims.  Should Saks PR prevail in the action, Nordstrom PR and other Mall tenants may then have the right to terminate their own operating covenants or leases. Plaza Internacional is vigorously prosecuting its claims and defending the Counterclaim. The outcome of the action cannot be predicted, and, at this time, the Company is unable to estimate the amount of loss that could result from an unfavorable outcome. An unfavorable outcome may have a material and adverse effect on the Company's business and its financial statements.

Item 1 A.
Risk Factors

There were no material changes in our risk factors previously disclosed in Part I, Item 1A. of our Form 10-K for the year ended December 31, 2017.


61

Item 6. Exhibits
 
 
 
 
Incorporated by Reference
 
 
Exhibit Number
 
Exhibit Description
 
Form
 
Period Ending
 
Exhibit
 
Filing Date
 
Filed Herewith
12
 
 
 
 
 
 
 
 
 
 
X
31.1
 
 
 
 
 
 
 
 
 
 
X
31.2
 
 
 
 
 
 
 
 
 
 
X
32.1
 
 
 
 
 
 
 
 
 
 
**
32.2
 
 
 
 
 
 
 
 
 
 
**
101.INS
 
XBRL Instance Document.
 
 
 
 
 
 
 
 
 
X
101.SCH
 
XBRL Taxonomy Extension Schema Document.
 
 
 
 
 
 
 
 
 
X
101.CAL
 
XBRL Taxonomy Extension Calculation Linkbase Document.
 
 
 
 
 
 
 
 
 
X
101.LAB
 
XBRL Taxonomy Extension Label Linkbase Document.
 
 
 
 
 
 
 
 
 
X
101.PRE
 
XBRL Taxonomy Extension Presentation Linkbase Document.
 
 
 
 
 
 
 
 
 
X
101.DEF
 
XBRL Taxonomy Extension Definition Linkbase Document.
 
 
 
 
 
 
 
 
 
X
*
 
A management contract or compensatory plan or arrangement required to be filed.
**
 
Documents are furnished, not filed.

62

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 
 
TAUBMAN CENTERS, INC.
Date:
October 30, 2018
By: /s/ Simon J. Leopold                                                                  
 
 
Simon J. Leopold
 
 
Executive Vice President, Chief Financial Officer, and Treasurer (Principal Financial Officer)

63
 EX-12 2 a2018q3exhibit12.htm EXHIBIT 12 Exhibit


 
 
 
 
Exhibit 12
 
 
 
 
 
 
TAUBMAN CENTERS, INC.
 
 
 
 
 
 
Computation of Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
(in thousands, except ratios)
 
 
 
 
 
 
 
Nine Months Ended September 30, 2018
 
 
2018
 
2017
 
 
 
 
 
 
Income before income tax expense, equity in income of Unconsolidated Joint Ventures, and gain on disposition, net of tax
$
51,340

 
$
27,949

 
 
 
 
 
 
Add back:
 
 
 
 
Fixed charges
117,360

 
96,353

 
Amortization of previously capitalized interest
2,398

 
2,243

 
Distributed income of Unconsolidated Joint Ventures (1)
47,226

 
50,877

 
 
 
 
 
 
Deduct:
 
 
 
 
Capitalized interest
(12,266
)
 
(9,552
)
 
 
 
 
 
 
Earnings available for fixed charges and preferred dividends
$
206,058

 
$
167,870

 
 
 
 
 
 
Fixed charges:
 
 
 
 
Interest expense
$
97,242

 
$
80,074

 
Capitalized interest
12,266

 
9,552

 
Interest portion of rent expense
7,852

 
6,727

 
 
 
 
 
 
Total fixed charges
$
117,360

 
$
96,353

 
 
 
 
 
 
Preferred dividends
17,353

 
17,353

 
 
 
 
 
 
Total fixed charges and preferred dividends
$
134,713

 
$
113,706

 
 
 
 
 
 
Ratio of earnings to fixed charges and preferred dividends
1.5

 
1.5

 
 
 
 
 
 
 
 
 
 
(1
)
In 2018, the Company adopted ASU No. 2016-15, "Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments", which changed the presentation of certain cash receipts and payments, including the classification of distributions received from equity method investees, on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU, the Company re-evaluated its current methodology and retrospectively changed the classification of Distributed Income of Unconsolidated Joint Ventures for the nine months ended September 30, 2017 to re-classify prior year balances to correspond with current year classifications.



 EX-31.1 3 a2018q3exhibit311.htm EXHIBIT 31.1 Exhibit


Exhibit 31.1

Certification of Chief Executive Officer
Pursuant to 15 U.S.C. Section 10A, as Adopted Pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
    
I, Robert S. Taubman, certify that:

1.    I have reviewed this quarterly report on Form 10-Q of Taubman Centers, Inc.;

2.
Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.
The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting, which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:
October 30, 2018
/s/ Robert S. Taubman
 
 
Robert S. Taubman
 
 
Chairman of the Board of Directors, President, and Chief Executive Officer



 EX-31.2 4 a2018q3exhibit312.htm EXHIBIT 31.2 Exhibit


Exhibit 31.2

Certification of Chief Financial Officer
Pursuant to 15 U.S.C. Section 10A, as Adopted Pursuant to
Section 302 of the Sarbanes-Oxley Act of 2002
                                        
I, Simon J. Leopold, certify that:

1.    I have reviewed this quarterly report on Form 10-Q of Taubman Centers, Inc.;

2.
Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.
The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting, which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:
October 30, 2018
/s/ Simon J. Leopold
 
 
Simon J. Leopold
 
 
Executive Vice President, Chief Financial Officer, and Treasurer (Principal Financial Officer)



 EX-32.1 5 a2018q3exhibit321.htm EXHIBIT 32.1 Exhibit


Exhibit 32.1


Certification of Chief Executive Officer
Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002




I, Robert S. Taubman, Chief Executive Officer of Taubman Centers, Inc. (the "Registrant"), certify that based upon a review of the Quarterly Report on Form 10-Q for the period ended September 30, 2018 (the "Report"):

(i)
The Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as amended; and

(ii)
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.


/s/ Robert S. Taubman
Date:
October 30, 2018
Robert S. Taubman
 
 
Chairman of the Board of Directors, President, and Chief Executive Officer
 
 



 EX-32.2 6 a2018q3exhibit322.htm EXHIBIT 32.2 Exhibit


Exhibit 32.2


Certification of Chief Financial Officer
Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002




I, Simon J. Leopold Chief Financial Officer of Taubman Centers, Inc. (the "Registrant"), certify that based upon a review of the Quarterly Report on Form 10-Q for the period ended September 30, 2018 (the "Report"):

(i)
The Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as amended; and

(ii)
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.


/s/ Simon J. Leopold
Date:
October 30, 2018
Simon J. Leopold
 
 
Executive Vice President, Chief Financial Officer, and Treasurer (Principal Financial Officer)
 
 



 EX-101.INS 7 tco-20180930.xml XBRL INSTANCE DOCUMENT 0000890319 2018-01-01 2018-09-30 0000890319 2018-10-29 0000890319 2017-12-31 0000890319 2018-09-30 0000890319 tco:SeriesKPreferredStockMember 2018-09-30 0000890319 us-gaap:SeriesBPreferredStockMember 2017-12-31 0000890319 tco:SeriesJPreferredStockMember 2018-09-30 0000890319 tco:SeriesKPreferredStockMember 2017-12-31 0000890319 us-gaap:SeriesBPreferredStockMember 2018-09-30 0000890319 tco:SeriesJPreferredStockMember 2017-12-31 0000890319 2018-07-01 2018-09-30 0000890319 2017-01-01 2017-09-30 0000890319 2017-07-01 2017-09-30 0000890319 us-gaap:AdditionalPaidInCapitalMember 2018-09-30 0000890319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-09-30 0000890319 us-gaap:PreferredStockMember 2017-12-31 0000890319 us-gaap:CommonStockMember 2016-12-31 0000890319 us-gaap:NoncontrollingInterestMember 2017-01-01 2017-09-30 0000890319 us-gaap:CommonStockMember 2017-01-01 2017-09-30 0000890319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0000890319 us-gaap:PreferredStockMember 2018-01-01 2018-09-30 0000890319 us-gaap:NoncontrollingInterestMember 2018-01-01 2018-09-30 0000890319 us-gaap:PreferredStockMember 2017-09-30 0000890319 us-gaap:CommonStockMember 2017-12-31 0000890319 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2018-01-01 2018-09-30 0000890319 us-gaap:PreferredStockMember 2018-09-30 0000890319 us-gaap:PreferredStockMember 2016-12-31 0000890319 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-09-30 0000890319 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2017-01-01 2017-09-30 0000890319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-09-30 0000890319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000890319 us-gaap:CommonStockMember 2018-01-01 2018-09-30 0000890319 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-09-30 0000890319 us-gaap:CommonStockMember 2017-09-30 0000890319 us-gaap:NoncontrollingInterestMember 2017-12-31 0000890319 us-gaap:PreferredStockMember 2017-01-01 2017-09-30 0000890319 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2018-09-30 0000890319 us-gaap:CommonStockMember 2018-09-30 0000890319 us-gaap:NoncontrollingInterestMember 2018-09-30 0000890319 us-gaap:NoncontrollingInterestMember 2017-09-30 0000890319 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2016-12-31 0000890319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0000890319 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2017-09-30 0000890319 us-gaap:NoncontrollingInterestMember 2016-12-31 0000890319 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0000890319 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-09-30 0000890319 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2017-12-31 0000890319 us-gaap:AdditionalPaidInCapitalMember 2017-09-30 0000890319 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0000890319 2017-09-30 0000890319 2016-12-31 0000890319 tco:FormerTaubmanAsiaPresidentRedeemableNoncontrollingInterestMember 2017-01-01 2017-09-30 0000890319 tco:FormerTaubmanAsiaPresidentRedeemableNoncontrollingInterestMember 2018-01-01 2018-09-30 0000890319 tco:SeriesJPreferredStockMember 2018-01-01 2018-09-30 0000890319 us-gaap:SeriesBPreferredStockMember 2018-01-01 2018-09-30 0000890319 tco:RetentionAwardsMember 2018-09-30 0000890319 2017-01-01 2017-12-31 0000890319 tco:InternationalPlazaMember 2018-09-30 0000890319 tco:SeriesKPreferredStockMember 2018-01-01 2018-09-30 0000890319 tco:TaubmanPrestigeOutletsChesterfieldMember 2018-01-01 2018-09-30 0000890319 tco:WestfarmsMember 2018-09-30 0000890319 us-gaap:AccountingStandardsUpdate201601Member 2018-03-31 0000890319 tco:InternationalPlazaMember 2017-12-31 0000890319 tco:WestfarmsMember 2017-12-31 0000890319 tco:BeverlyCenterandTheMallatGreenHillsMember 2018-09-30 0000890319 tco:SouthKoreaMember 2017-01-01 2017-09-30 0000890319 tco:StarfieldAnseongMember 2018-09-30 0000890319 tco:CountryClubPlazaValenciaPlaceOfficeTowerMember 2017-01-01 2017-09-30 0000890319 tco:CountryClubPlazaValenciaPlaceOfficeTowerMember 2017-09-30 0000890319 us-gaap:ForeignCountryMember 2018-09-30 0000890319 us-gaap:ForeignCountryMember 2017-12-31 0000890319 us-gaap:StateAndLocalJurisdictionMember 2017-12-31 0000890319 us-gaap:DomesticCountryMember 2018-09-30 0000890319 us-gaap:DomesticCountryMember 2017-12-31 0000890319 us-gaap:StateAndLocalJurisdictionMember 2018-09-30 0000890319 us-gaap:DomesticCountryMember us-gaap:InvestmentCreditMember 2018-09-30 0000890319 tco:CityOn.ZhengzhouMember 2017-12-31 0000890319 tco:CityOn.ZhengzhouMember 2018-09-30 0000890319 tco:SunvalleyMember 2018-09-30 0000890319 tco:StamfordTownCenterMember 2018-09-30 0000890319 tco:TheMallatUniversityTownCenterMember 2018-09-30 0000890319 tco:FairOaksMallMember 2018-09-30 0000890319 tco:CityOn.XianMember 2018-09-30 0000890319 tco:WatersideShopsMember 2018-09-30 0000890319 tco:StarfieldHanamMember 2018-09-30 0000890319 tco:CountryClubPlazaMember 2018-09-30 0000890319 tco:CityOn.ZhengzhouMember 2018-09-30 0000890319 tco:MallAtMilleniaMember 2018-09-30 0000890319 tco:FairOaksMallMember 2017-12-31 0000890319 tco:SunvalleyMember 2017-12-31 0000890319 tco:WatersideShopsMember 2017-12-31 0000890319 tco:StamfordTownCenterMember 2017-12-31 0000890319 tco:CityOn.ZhengzhouMember 2017-12-31 0000890319 tco:MallAtMilleniaMember 2017-12-31 0000890319 tco:StarfieldHanamMember 2017-12-31 0000890319 tco:TheMallatUniversityTownCenterMember 2017-12-31 0000890319 tco:CountryClubPlazaMember 2017-12-31 0000890319 tco:CityOn.XianMember 2017-12-31 0000890319 tco:TwelveOaksMallMember 2018-01-01 2018-09-30 0000890319 tco:InternationalMarketPlaceMember 2018-07-01 2018-09-30 0000890319 tco:InternationalMarketPlaceMember 2018-07-01 2018-09-30 0000890319 tco:MallAtGreenHillsMember 2018-09-30 0000890319 tco:TwelveOaksMallMember 2018-09-30 0000890319 tco:InternationalMarketPlaceMember 2018-09-30 0000890319 tco:UnsecuredDebt250MTermLoanMember 2018-09-30 0000890319 tco:UnsecuredDebt250MTermLoanMember 2018-01-01 2018-09-30 0000890319 tco:InternationalPlazaMember 2018-01-01 2018-09-30 0000890319 tco:UnsecuredDebt250MTermLoanMember us-gaap:SubsequentEventMember 2018-10-24 0000890319 tco:UnsecuredDebt300MTermLoanMember 2018-09-30 0000890319 tco:MallAtGreenHillsMember 2018-01-01 2018-09-30 0000890319 us-gaap:UnsecuredDebtMember 2018-09-30 0000890319 tco:CherryCreekShoppingCenterMember 2018-09-30 0000890319 tco:UnsecuredDebt250MTermLoanMember us-gaap:SubsequentEventMember 2018-10-01 2018-10-31 0000890319 tco:InternationalMarketPlaceMember 2018-01-01 2018-09-30 0000890319 tco:InternationalMarketPlaceMember 2018-09-30 0000890319 tco:InternationalPlazaMember 2018-09-30 0000890319 tco:FormerTaubmanAsiaPresidentRedeemableNoncontrollingInterestMember 2017-12-31 0000890319 tco:FormerTaubmanAsiaPresidentRedeemableNoncontrollingInterestMember 2016-12-31 0000890319 tco:TaubmanSuccessorAsiaPresidentRedeemableNoncontrollingInterestMember 2018-01-01 2018-09-30 0000890319 tco:TaubmanSuccessorAsiaPresidentRedeemableNoncontrollingInterestMember 2018-09-30 0000890319 tco:FiniteLifeEntitiesMember 2018-09-30 0000890319 tco:FiniteLifeEntitiesMember 2018-01-01 2018-09-30 0000890319 tco:FormerTaubmanAsiaPresidentRedeemableNoncontrollingInterestMember 2016-01-01 2016-12-31 0000890319 tco:FormerTaubmanAsiaPresidentRedeemableNoncontrollingInterestMember 2018-09-30 0000890319 tco:InternationalMarketPlaceMember 2017-12-31 0000890319 us-gaap:AccountsPayableAndAccruedLiabilitiesMember us-gaap:InterestRateContractMember us-gaap:ConsolidatedPropertiesMember 2018-09-30 0000890319 us-gaap:AccountsPayableAndAccruedLiabilitiesMember us-gaap:InterestRateContractMember us-gaap:ConsolidatedPropertiesMember 2017-12-31 0000890319 us-gaap:EquityMethodInvestmentsMember us-gaap:InterestRateContractMember us-gaap:UnconsolidatedPropertiesMember 2017-12-31 0000890319 us-gaap:EquityMethodInvestmentsMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:UnconsolidatedPropertiesMember 2018-09-30 0000890319 tco:DeferredChargesAndOtherAssetsMember us-gaap:InterestRateContractMember us-gaap:ConsolidatedPropertiesMember 2018-09-30 0000890319 us-gaap:EquityMethodInvestmentsMember us-gaap:InterestRateContractMember us-gaap:UnconsolidatedPropertiesMember 2018-09-30 0000890319 us-gaap:EquityMethodInvestmentsMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:UnconsolidatedPropertiesMember 2017-12-31 0000890319 tco:DeferredChargesAndOtherAssetsMember us-gaap:InterestRateContractMember us-gaap:ConsolidatedPropertiesMember 2017-12-31 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap3250MTermLoanDomain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap6Domain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap4Domain 2018-09-30 0000890319 tco:UnconsolidatedJointVenturesInterestRateSwap1Member 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap5Domain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap1Domain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap8Domain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap7Domain 2018-09-30 0000890319 tco:UnconsolidatedJointVenturesInterestRateSwap2Member 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap7Domain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap2Domain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap5Domain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap8Domain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap6Domain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap1Domain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap4Domain 2018-01-01 2018-09-30 0000890319 tco:UnconsolidatedJointVenturesInterestRateSwap2Member 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap2Domain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap3250MTermLoanDomain 2018-01-01 2018-09-30 0000890319 tco:UnconsolidatedJointVenturesInterestRateSwap1Member 2018-01-01 2018-09-30 0000890319 tco:DefaultOptionRangeMinimumMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap4Domain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 tco:DefaultOptionRangeMaximumMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap1Domain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2018-07-01 2018-09-30 0000890319 us-gaap:CashFlowHedgingMember 2017-07-01 2017-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2017-07-01 2017-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2017-07-01 2017-09-30 0000890319 us-gaap:CashFlowHedgingMember 2018-07-01 2018-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2018-07-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:InterestExpenseMember us-gaap:ConsolidatedPropertiesMember 2018-07-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:InterestExpenseMember us-gaap:ConsolidatedPropertiesMember 2017-07-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:ConsolidatedPropertiesMember 2018-07-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2018-07-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2017-07-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:ConsolidatedPropertiesMember 2017-07-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2017-07-01 2017-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2018-07-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2017-01-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2017-01-01 2017-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:ConsolidatedPropertiesMember 2017-01-01 2017-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2017-01-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:InterestExpenseMember us-gaap:ConsolidatedPropertiesMember 2017-01-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:EquityMethodInvestmentsMember us-gaap:UnconsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 us-gaap:CashFlowHedgingMember 2018-01-01 2018-09-30 0000890319 us-gaap:CashFlowHedgingMember 2017-01-01 2017-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2017-01-01 2017-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:ConsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 us-gaap:CrossCurrencyInterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:InterestExpenseMember us-gaap:ConsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 us-gaap:InterestRateContractMember us-gaap:CashFlowHedgingMember us-gaap:OtherComprehensiveIncomeMember us-gaap:UnconsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap2Domain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap3PrimaryLineofCreditSwappedPortionDomain 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap3PrimaryLineofCreditSwappedPortionDomain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap6Domain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap7Domain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap5Domain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap3PrimaryLineofCreditSwappedPortionDomain 2018-01-01 2018-09-30 0000890319 tco:ConsolidatedSubsidiariesInterestRateSwap3250MTermLoanDomain us-gaap:LondonInterbankOfferedRateLIBORMember 2018-01-01 2018-09-30 0000890319 us-gaap:PerformanceSharesMember 2018-01-01 2018-09-30 0000890319 us-gaap:PerformanceSharesMember 2018-09-30 0000890319 us-gaap:PerformanceSharesMember 2017-12-31 0000890319 tco:TSRPerformancebasedTRGProfitsUnitsMember 2018-01-01 2018-09-30 0000890319 tco:TSRPerformancebasedTRGProfitsUnitsMember 2018-09-30 0000890319 tco:TSRPerformancebasedTRGProfitsUnitsMember 2017-12-31 0000890319 tco:NOIPerformanceSharesMember 2018-01-01 2018-09-30 0000890319 tco:NOIPerformanceSharesMember 2017-12-31 0000890319 tco:NOIPerformanceSharesMember 2018-09-30 0000890319 us-gaap:RestrictedStockUnitsRSUMember 2018-01-01 2018-09-30 0000890319 tco:ProfitsUnitsMember 2018-01-01 2018-09-30 0000890319 us-gaap:RestrictedStockUnitsRSUMember 2018-09-30 0000890319 tco:UnissuedPartnershipUnitsUnderUnitOptionDeferralElectionMember 2018-01-01 2018-09-30 0000890319 tco:RestrictedTRGProfitsUnitsMember 2018-01-01 2018-09-30 0000890319 tco:NOIPerformancebasedTRGProfitsUnitsMember 2018-01-01 2018-09-30 0000890319 tco:A2018OmnibusPlanMember 2018-01-01 2018-09-30 0000890319 tco:RestrictedTRGProfitsUnitsMember 2018-09-30 0000890319 tco:NOIPerformancebasedTRGProfitsUnitsMember 2018-09-30 0000890319 tco:A2018OmnibusPlanMember 2018-09-30 0000890319 tco:RestrictedTRGProfitsUnitsMember 2017-12-31 0000890319 tco:NOIPerformancebasedTRGProfitsUnitsMember 2017-12-31 0000890319 us-gaap:RestrictedStockUnitsRSUMember 2017-12-31 0000890319 us-gaap:StockCompensationPlanMember 2017-07-01 2017-09-30 0000890319 us-gaap:StockCompensationPlanMember 2018-07-01 2018-09-30 0000890319 tco:UnissuedPartnershipUnitsUnderUnitOptionDeferralElectionMember 2017-01-01 2017-09-30 0000890319 tco:UnissuedPartnershipUnitsUnderUnitOptionDeferralElectionMember 2017-07-01 2017-09-30 0000890319 us-gaap:StockCompensationPlanMember 2018-01-01 2018-09-30 0000890319 tco:UnissuedPartnershipUnitsUnderUnitOptionDeferralElectionMember 2018-01-01 2018-09-30 0000890319 us-gaap:StockCompensationPlanMember 2017-01-01 2017-09-30 0000890319 tco:UnissuedPartnershipUnitsUnderUnitOptionDeferralElectionMember 2018-07-01 2018-09-30 0000890319 us-gaap:FairValueInputsLevel1Member 2018-09-30 0000890319 us-gaap:FairValueInputsLevel1Member 2017-12-31 0000890319 us-gaap:FairValueInputsLevel2Member 2018-09-30 0000890319 us-gaap:FairValueInputsLevel2Member 2017-12-31 0000890319 us-gaap:ConsolidatedPropertiesMember 2018-09-30 0000890319 us-gaap:ConsolidatedPropertiesMember 2017-12-31 0000890319 us-gaap:FairValueInputsLevel2Member us-gaap:ConsolidatedPropertiesMember 2018-09-30 0000890319 us-gaap:FairValueInputsLevel2Member us-gaap:ConsolidatedPropertiesMember 2017-12-31 0000890319 tco:SPGCommonSharesMember 2018-01-01 2018-09-30 0000890319 us-gaap:FairValueInputsLevel2Member us-gaap:ConsolidatedPropertiesMember 2018-01-01 2018-09-30 0000890319 tco:SPGCommonSharesMember us-gaap:SubsequentEventMember 2018-10-25 0000890319 tco:SPGCommonSharesMember 2018-09-30 0000890319 tco:SPGCommonSharesMember 2017-12-31 0000890319 tco:SPGCommonSharesMember 2018-07-01 2018-09-30 0000890319 us-gaap:AociAttributableToNoncontrollingInterestMember 2016-12-31 0000890319 us-gaap:AociAttributableToNoncontrollingInterestMember 2017-01-01 2017-09-30 0000890319 us-gaap:AociAttributableToNoncontrollingInterestMember 2017-09-30 0000890319 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-09-30 0000890319 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-09-30 0000890319 us-gaap:AociAttributableToNoncontrollingInterestMember 2018-01-01 2018-09-30 0000890319 us-gaap:AociAttributableToNoncontrollingInterestMember 2017-12-31 0000890319 us-gaap:AociAttributableToNoncontrollingInterestMember 2018-09-30 0000890319 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000890319 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-09-30 0000890319 tco:DepositAssetsForeignMember 2018-09-30 0000890319 tco:RestrictedCashStipulatedbyLendersandVariousAgreementsMember 2018-09-30 0000890319 tco:RestrictedCashStipulatedbyLendersandVariousAgreementsMember 2017-12-31 0000890319 tco:DepositAssetsForeignMember 2017-12-31 0000890319 us-gaap:AccountingStandardsUpdate201602Member 2017-01-01 2017-12-31 0000890319 us-gaap:AccountingStandardsUpdate201602Member 2018-01-01 2018-09-30 utreg:sqft xbrli:shares iso4217:USD xbrli:shares iso4217:USD xbrli:pure iso4217:KRW false --12-31 Q3 2018 2018-09-30 10-Q 0000890319 61065292 Yes Large Accelerated Filer TAUBMAN CENTERS INC. No Yes 200000000 175000000 100000000 100000000 100000000 100000000 50000000 50000000 12000000 163072000 60500000000 52065000 45941.00 0.28 -721000 -16000 -490000 -215000 -135000 26000 -211000 50000 721000 135000 2409000 -205000 1920000 287000 982000 -781000 1400000000 0 9480000 12202000 456000 4000 11000000 5000000 536500000 0.501 2000000 3500000 12000000 1500000 10000000 -277000 -678000 -277000 December 2022 3261777000 3502696000 0.0185 1459854000 1441430000 P40Y 2019-03-01 0.0190 0.0170 0.0190 0.0170 0.0190 0.0190 0.0190 0.0190 0.0190 0.0125 0.0115 0.0125 0.0115 0.0125 0.0125 0.0125 0.0125 0.0125 0.0289 0.0280 0.0289 0.0280 0.0339 0.0339 0.0339 0.0339 0.0289 0.0427 0.0354 0.0335 0.0354 0.0335 0.0404 0.0404 0.0404 0.0404 0.0354 0.0492 494851000 480622000 49124000 47664000 63886000 58422000 110778000 192597000 488000 1460000 488000 1460000 1626000 5726000 2205000 5705000 0.245 46106000 140011000 12585000 42833000 15193000 46435000 121173000 129216000 767678000 838955000 4706000 7006000 456000 9000 147102000 171616000 136837000 125357000 31907000 95103000 32791000 98727000 110330000 95644000 -48338000 -53500000 3713000 276000 4139000 1896000 4740000 32108000 97198000 33199000 99316000 59494000 159854000 50140000 155321000 340000 2551000 563000 1491000 3756890000 3709976000 123509000 352155000 116130000 353364000 2860384000 2822403000 less than zero -4998000 -4073000 -4073000 360000000 zero 136000000 0.037 16646000 49819000 17190000 51570000 120000 2271000 1023000 2387000 16574000 50204000 17093000 51107000 47063000 147310000 52216000 155744000 54000 375000 -996000 -784000 900000000 2000000 4900000 100000 1100000 71136000 88219000 97198000 99316000 50000000 100000 101348000 77792000 two, one-year extension options one-year 42351000 121581000 38149000 113871000 524000 1698000 476000 1186000 1147000 3439000 860000 2480000 400000000 50000000 75394000 54092000 21302000 102939000 74023000 28916000 34526000 54662000 -490000 -211000 0.01 five two three 2 61012282 P30D two -69000 1000 -53000 -25000 53000 25000 16000 -26000 -16000 26000 -69000 1000 10998000 10998000 0.05 0.03 0.85 1.00 0.10 0.05 P5Y0M0D P30Y 225000000 225000000 5-10% 446000 446000 -446000 0.05 184.19 180.54 75200000 37600000 2668 3826 797 one share or TRG Profits Unit for every one share or TRG Profits Unit granted 900000 3000000 2100000 33.56 59.03 23.14 10948000 29452000 12303000 33940000 590124 440124 290124 150000 150000 1162.0 0.50 1.00 700000000 0.0354 0.0335 0.0334 0.0354 0.0404 0.0404 0.0404 0.0404 0.0349 0.0358 0.0312 1.00 1.00 one share of nonparticipating Series B Preferred Stock per each unit of limited partnership in TRG (TRG Unit) 78566000 81483000 307041000 300398000 646807000 711855000 -12769000 7065000 -14674000 6209000 -7303000 9220000 -371000 12018000 -23147000 -9613000 -9377000 -3855000 384000 159000 -15392000 -6289000 -35916000 -2548000 -24051000 2354000 -6919000 -6919000 9379000 -15763000 -15763000 5729000 675333000 678905000 2800000 8300000 2300000 6900000 10237000 12022000 871262 4164979 871262 4082322 871262 4115235 871262 4134110 1100000 4214592000 4335719000 118051000 939000 87869000 9128000 98900000 83000000 42499000 38037000 152965000 159243000 164404000 133291000 6278000 -31113000 one TRG Unit is exchangeable for one share of common stock 0.6250 1.8750 0.6550 1.9650 0.01 0.01 250000000 250000000 60832918 61012282 60832918 61012282 608000 610000 17669000 65973000 17211000 65830000 6385000 25467000 6610000 25435000 24054000 91440000 23821000 91265000 ratio of 14,000 shares of Series B Preferred Stock for one share of common stock 1000000 9076000 19528000 13839000 5689000 -15377000 -22224000 -15777000 -6447000 253000 -1103000 -433000 -373000 370000 712000 223000 857000 -202000 -61000 -113000 -110000 0.0215 LIBOR LIBOR one-month LIBOR one-month LIBOR one-month LIBOR one-month LIBOR one-month LIBOR one-month LIBOR one-month LIBOR one-month LIBOR LIBOR 175000000 250000000 300000000 0.0485 P3Y P10Y P5Y 180499000 167208000 -204000 823000 -711000 -1059000 -176000 -136000 50000 -74000 13000 140000 -12000 -25000 2836000 503000 1788000 545000 8518000 5665000 1816000 1037000 1216000 6227000 4100000 1620000 2291000 1517000 1517000 1863000 1863000 45805000 122958000 46307000 124325000 0.0190 0.0170 0.0170 0.0190 0.0190 0.0190 0.0190 0.0190 0.0140 0.0175 0.0160 1699000 939000 760000 939000 11632000 9128000 2504000 9128000 2471000 484000 1630000 357000 940000 940000 0.0164 0.0165 0.0164 0.0164 0.0214 0.0214 0.0214 0.0214 0.0209 0.0183 0.0152 0.0302 22000 -523000 -533000 -1034000 -982000 -1920000 -2409000 -5311000 -36000 -1000 506000 469000 781000 -287000 205000 699000 -13000 472000 454000 913000 -32000 -257000 1693000 1404000 92000 756000 235000 1083000 -90000 8674000 2101000 10685000 484000 2019-02-01 2019-02-01 2019-02-01 2019-02-01 2022-02-01 2022-02-01 2022-02-01 2022-02-01 2024-03-01 2021-12-01 2020-09-01 2019-02-01 7000 74000 31000 77000 188452000 132884000 190086000 139011000 5784000 17353000 5784000 17353000 1365000 1783000 0.07 0.58 0.34 0.90 0.07 0.58 0.34 0.90 -380000 -4884000 0.34 0.21 600000 200000 700000 600000 800000 1100000 1900000 1100000 800000 5700000 P2Y4D P1Y4M9D P1Y4M24D P1Y4M24D P2Y11D P1Y8M27D 0.50 0.50 0.49 0.50 0.50 0.501 0.50 0.50 0.343 0.50 0.50 0.50 0.79 0.49 0.50 0.49 0.50 0.50 0.501 0.50 0.50 0.343 0.50 0.50 0.50 0.79 2083000 2083000 3394324000 3297210000 471948000 432663000 3394324000 3297210000 22961000 79649000 29510000 89995000 2989212000 2871021000 2860384000 2822403000 146406000 429679000 146973000 446608000 605629000 673219000 96200000 945000 1034000 9482000 29649000 8530000 25545000 4363000 35016000 20976000 54873000 3528000 20581000 10756000 28781000 582000 27949000 20209000 51340000 13723000 47099000 16910000 50680000 -5931000 1411000 54000 375000 -996000 -784000 2400000 500000 14844000 15426000 -2169000 -11243000 9552000 9600000 12266000 12300000 27782000 80074000 33396000 97242000 74500000 91300000 800000 -3800000 4357120000 4574298000 4214592000 4335719000 484000 0 0.71 0.71 2083-01-01 1100000000 1100000000 2000000 -172268000 -198001000 -157800000 -55568000 -51075000 -160359000 -157838000 -11909000 -40163000 0.50 0.065 0.71 0.935 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.501 0.343 -11600000 42846000 -188307000 -278794000 206565000 209719000 10723000 54092000 27359000 74023000 3528000 20581000 10756000 28781000 3822000 21302000 10781000 28916000 -294000 -721000 -721000 -25000 -135000 -135000 4363000 35016000 20976000 54873000 4370000 35090000 21007000 54950000 6000000 1524000 5000000 1589000 4523000 2298000 16302000 9192000 24393000 2494000 8347000 8700000 13858000 3555228000 3555228000 3793278000 250000000 150000000 3793278000 3503071000 3663323000 46100000 43800000 23 11 8118000 -7696000 155134000 437379000 147611000 435899000 84487000 255577000 87306000 261711000 16703000 10077000 803000 -3100000 -1958000 7585000 -5689000 6447000 13839000 -15777000 13839000 5689000 -15777000 -6447000 -3338000 3144000 9803000 16767000 -14294000 -11539000 -4886000 3347000 11881000 -8192000 -1034000 -5311000 -5311000 -3763000 -1548000 -1548000 469000 699000 699000 496000 203000 203000 -5721000 -2351000 8081000 3303000 -307000 -8072000 -5721000 -2351000 1552000 11384000 8081000 3303000 23939000 65356000 19253000 64153000 12028000 36226000 15595000 47560000 -13349000 -11418000 576000 1723000 599000 1797000 0.95 -64000 -67000 7150000 6665000 4727000 1723000 1797000 113808000 119861000 55568000 51075000 17353000 17353000 249845000 220744000 3524000 94245000 3600000 7354000 3263000 7453000 0.065 0.0625 0.001 0.001 192500000 170000000 192500000 170000000 0 0 0.001 0 0 0.001 7700000 6800000 40000000 7700000 6800000 40000000 7700000 6800000 24938114 7700000 6800000 24918773 7700000 6800000 24938114 7700000 6800000 24918773 25000 25000 one vote per share 119200000 1642000 -2306000 74696000 1474000 5768000 336749000 800000000 152190000 215741000 27626000 1300000 1260000 14251000 74673000 38115000 102804000 7612000 4359000 1276916000 1382881000 4461045000 4661616000 3184129000 3278735000 8704000 9150000 7500000 7500000 7500000 0 7500000 7500000 7500000 0 0 43800000 307064000 775776000 121905000 119163000 2700000 95254000 92403000 2900000 1751000 4063000 -423000 200000 200000 64055000 187276000 65259000 190597000 153222000 456981000 159120000 473381000 represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the NOI PSU based on the Company's NOI performance, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period. These awards also provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved. represents a contingent right to receive a TRG Unit upon vesting and the satisfaction of certain tax-driven requirements and, as to the TSR and NOI Performance-based TRG Profits Units, the satisfaction of certain performance-based requirements. Until vested, a TRG Profits Unit entitles the holder to only one-tenth of the distributions otherwise payable by TRG on a TRG Unit. Therefore, the Company accounts for these TRG Profits Units as participating securities in the Operating Partnership. A portion of the TRG Profits Units award represents estimated cash distributions that otherwise would have been payable during the vesting period and, upon vesting, there will be an adjustment in actual number of TRG Profits Units realized under each award to reflect the Operating Partnership's actual cash distributions during the vesting period represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the TSR PSU based on the Company's market performance relative to that of a peer group. The TSR PSU grants include a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period. represents the right to receive upon vesting one share of common stock, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period 4817 62.18 10393 18345 8154 18345 10393 69931 58.28 16.43 49.29 22.22 78.82 58.28 3804 131604 61131 129733 40850 195021 14197 149949 69285 148078 14197 186841 67.00 19.69 59.08 25.59 107.38 69.22 60.59 19.28 57.93 25.17 79.13 63.46 37046 73294 110.19 73.91 2800000 59.83 1.24 60430613 39529059 60712037 39438214 60832918 39438114 61012282 39418773 90850 -90845 21802 -19341 190574 157562 0 -1000 1000 0 10492000 10490000 2000 3785000 3783000 2000 22240000 -48078000 -70703000 -549914000 -35916000 657281000 604000 -142783000 25000 -157926000 -628965000 -24051000 666836000 607000 -172378000 25000 -150028000 -646807000 -6919000 675333000 608000 -172268000 25000 -246079000 -711855000 -15763000 678905000 610000 -198001000 25000 -257000 -259000 2000 -1015000 -60000 -678000 -277000 When preparing financial statements for each annual and interim reporting period, management has the responsibility to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued. No such conditions or events were identified as of the issuance date of the financial statements contained in this Quarterly Report on Form 10-Q. 51960000 154385000 52096000 154177000 85945815 250000000 250000000 300000000 300000000 300000000 300000000 250000000 300000000 475000000 288967 364829 294710 274729 60999151 61018855 61296067 61245301 60710184 60654026 61001357 60970572 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> Disposition, Redevelopments, and Developments</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Disposition</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Valencia Place Office Tower at Country Club Plaza</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the Company's joint venture with The Macerich Company sold the Valencia Place office tower at Country Club Plaza for </font><font style="font-family:inherit;font-size:10pt;">$75.2 million</font><font style="font-family:inherit;font-size:10pt;"> (</font><font style="font-family:inherit;font-size:10pt;">$37.6 million</font><font style="font-family:inherit;font-size:10pt;"> at TRG's beneficial share), which was a component of the mixed-use property at the center. The joint venture recognized a gain on this sale, of which TRG's beneficial share, net of tax, was </font><font style="font-family:inherit;font-size:10pt;">$2.1 million</font><font style="font-family:inherit;font-size:10pt;">. The gain was included within Equity in income of Unconsolidated Joint Ventures on the Consolidated Statement of Operations and Comprehensive Income as the Company's </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in the office tower was accounted for as an Unconsolidated Joint Venture under the equity method.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Redevelopments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has ongoing redevelopment projects at Beverly Center and The Mall at Green Hills, which are expected to be completed in 2018 and 2019, respectively. In total, these </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> redevelopment projects are expected to cost approximately </font><font style="font-family:inherit;font-size:10pt;">$700 million</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company's total capitalized costs related to these redevelopment projects were </font><font style="font-family:inherit;font-size:10pt;">$536.5 million</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Asia Developments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Operating Center</font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CityOn.Zhengzhou, a shopping center located in Zhengzhou, China, opened in March 2017. This investment is classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">South Korea Projects</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has partnered with Shinsegae Group, the Company's partner in Starfield Hanam, to build, lease, and manage Starfield Anseong, an approximately&#160;</font><font style="font-family:inherit;font-size:10pt;">1.1 million</font><font style="font-family:inherit;font-size:10pt;">&#160;square foot shopping center in Anseong, Gyeonggi Province, South Korea. The Company expects to beneficially own a </font><font style="font-family:inherit;font-size:10pt;">24.5%</font><font style="font-family:inherit;font-size:10pt;"> interest in the project; however the Company currently owns and is funding </font><font style="font-family:inherit;font-size:10pt;">49%</font><font style="font-family:inherit;font-size:10pt;"> of the project until an additional capital partner is admitted. The center is scheduled to open in late 2020. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company has invested&#160;</font><font style="font-family:inherit;font-size:10pt;">$96.2 million</font><font style="font-family:inherit;font-size:10pt;">&#160;in the project, after cumulative currency translation adjustments. This investment is classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company was previously exploring an additional development opportunity in South Korea with Shinsegae Group. In March 2017, the Company made a refundable deposit of </font><font style="font-family:inherit;font-size:10pt;">$11.0 million</font><font style="font-family:inherit;font-size:10pt;"> relating to a potential development site. After performing due diligence, the Company decided not to proceed with the project. The deposit, including a </font><font style="font-family:inherit;font-size:10pt;">5%</font><font style="font-family:inherit;font-size:10pt;"> return, was returned to the Company in November 2017.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Combined Financial Information</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Combined balance sheet and results of operations information is presented in the following table for the Unconsolidated Joint Ventures, followed by the Operating Partnership's beneficial interest in the combined operations information. The combined financial information of the Unconsolidated Joint Ventures as of&#160;</font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">&#160;excludes the balances of Starfield Anseong, which was under development as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> (Note 2). Beneficial interest is calculated based on the Operating Partnership's ownership interest in each of the Unconsolidated Joint Ventures.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.4375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, <br clear="none"/>2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Properties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,709,976</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,756,890</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(838,955</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(767,678</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,871,021</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,989,212</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">171,616</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,102</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">129,216</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">121,173</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred charges and other assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">125,357</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">136,837</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,297,210</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,394,324</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities and accumulated equity (deficiency) in assets:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes payable, net</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#160;</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,822,403</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,860,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">432,663</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">471,948</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG's accumulated deficiency in assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(53,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(48,338</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Venture Partners' accumulated equity in assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,644</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110,330</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,297,210</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,394,324</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG's accumulated deficiency in assets (above)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(53,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(48,338</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">140,011</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,106</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG basis adjustments, including elimination of intercompany profit</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,422</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">63,886</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TCO's additional basis</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,664</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,124</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net investment in Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">192,597</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110,778</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Distributions in excess of investments in and net income of Unconsolidated Joint Ventures</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">480,622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">494,851</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">673,219</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">605,629</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">146,973</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">146,406</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">446,608</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">429,679</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maintenance, taxes, utilities, promotion, and other operating expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,140</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,494</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">155,321</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">159,854</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,199</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,108</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,316</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">97,198</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,791</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31,907</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,727</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total operating costs</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">116,130</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">123,509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">353,364</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">352,155</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nonoperating income, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">563</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">340</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,491</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,551</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,896</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(276</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,740</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,139</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gain on disposition, net of tax </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,713</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,510</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,961</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89,995</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79,649</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to TRG</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,193</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,585</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,435</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,833</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Realized intercompany profit, net of depreciation on TRG&#8217;s basis adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,205</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,626</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,705</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,726</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation of TCO's additional basis</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(488</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(488</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,460</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,460</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in income of Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,910</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,723</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,680</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,099</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beneficial interest in Unconsolidated Joint Ventures&#8217; operations:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues less maintenance, taxes, utilities, promotion, and other operating expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,216</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,063</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">155,744</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,310</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(17,093</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,574</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(51,107</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(50,204</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(17,190</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,646</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(51,570</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(49,819</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,023</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(120</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,387</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,271</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gain on disposition, net of tax </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,083</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in income of Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,910</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,723</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,680</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,099</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;text-align:justify;text-indent:6px;"><font style="text-align:justify;font-family:inherit;font-size:8pt;padding-right:24px;">(1)</font><font style="font-family:inherit;font-size:8pt;">Amount represents the gain related to the sale of the Valencia Place office tower at Country Club Plaza in March 2017 (Note 2).</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The net equity balance of the non-redeemable noncontrolling interests as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> included the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.53125%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-redeemable noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling interests in consolidated joint ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(157,838</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(160,359</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling interests in partnership equity of TRG</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(40,163</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,909</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(198,001</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(172,268</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to the noncontrolling interests for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> included the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-redeemable noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of consolidated joint ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,589</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,524</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of TRG</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,298</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,781</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,822</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest:</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(294</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,756</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,528</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to the noncontrolling interests for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> included the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.7265625%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-redeemable noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of consolidated joint ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,523</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of TRG</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,393</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,302</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,916</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,302</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest:</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(135</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(721</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,781</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,581</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Operating Partnership's beneficial interest in the debt, capitalized interest, and interest expense of its consolidated subsidiaries and its Unconsolidated Joint Ventures is summarized in the following table. The Operating Partnership's beneficial interest in the consolidated subsidiaries excludes debt and interest related to the noncontrolling interest in Cherry Creek Shopping Center (</font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;">) and International Market Place (</font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:36%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At 100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At Beneficial Interest</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Debt as of:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,793,278</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,822,403</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,502,696</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,441,430</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,555,228</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,860,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,261,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,459,854</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capitalized interest:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,266</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,202</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Nine Months Ended September 30, 2017</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,552</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,480</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">97,242</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,316</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,107</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Nine Months Ended September 30, 2017</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,074</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">97,198</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,136</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,204</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Company capitalizes interest costs incurred in funding its equity contributions to development projects accounted for as Unconsolidated Joint Ventures. The capitalized interest cost is included in the Company's basis in its investment in Unconsolidated Joint Ventures. Such capitalized interest reduces interest expense on the Consolidated Statement of Operations and Comprehensive Income and in the table above is included within Consolidated Subsidiaries.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Capitalized interest on the Asia Unconsolidated Joint Venture construction financing is presented at the Company's beneficial interest in both the Unconsolidated Joint Ventures (at 100%) and Unconsolidated Joint Ventures (at Beneficial Interest) columns.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.1796875%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance, January 1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,704</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Former Taubman Asia President vested redeemable equity</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">446</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allocation of net loss</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(135</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(721</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustments of redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">135</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">721</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance, September 30</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,500</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,150</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.6875%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of NOI PSU</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,804</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67.00</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,393</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58.28</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,197</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60.59</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:75.1953125%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:40%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of NOI Performance-based TRG Profits Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">131,604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.69</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.43</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">149,949</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.28</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fully vested at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,668</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.56</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:74.8046875%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:39%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:29%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of Restricted TRG Profits Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,131</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59.08</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,154</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.29</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">69,285</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57.93</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fully vested at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,826</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59.03</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:75.390625%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:27%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of relative TSR Performance-based TRG Profits Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">129,733</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22.22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,078</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.17</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fully vested at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">797</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23.14</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Change in Accounting Policies</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recognition and Measurement of Financial Assets and Financial Liabilities</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities", which changed certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. As such, the Company now measures equity investments at fair value through net income, except for those that result in consolidation or are accounted for under the equity method. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjustment to reclassify </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> of historical unrealized gains on the fair value adjustments as of December 31, 2017 of its investment in Simon Property Group (SPG) common shares from Accumulated Other Comprehensive Income (Loss) (AOCI) to Dividends in Excess of Net Income on the Company's Consolidated Balance Sheet. Beginning in January 2018, changes in the fair value of any outstanding SPG common shares are being recorded in Nonoperating Income, Net on the Company's Consolidated Statement of Operations and Comprehensive Income (Note 11).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cash Flow Statement Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows. As a result, the Company changed the presentation of its Consolidated Statement of Cash Flows for both the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> to include restricted cash. Refer to Note 13 for a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU, the Company revisited its accounting policies and presentation in regards to cash, deposits, and other investments subject to restrictions. In doing so, the Company reclassified </font><font style="font-family:inherit;font-size:10pt;">$119.2 million</font><font style="font-family:inherit;font-size:10pt;"> from Deferred Charges and Other Assets to Restricted Cash on the Consolidated Balance Sheet as of December 31, 2017, to conform to current year classifications.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU No. 2016-15, "Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments", which clarified the presentation of certain cash receipts and payments, including the classification of distributions received from equity method investees, on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU on January 1, 2018, the Company re-evaluated its current methodology and retrospectively changed the presentation of the Consolidated Statement of Cash Flows for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> to re-classify prior year balances to correspond with current year classifications, specifically related to distributions received from equity method investees.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Cash Flow Disclosures and Non-Cash Investing and Financing Activities </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest paid for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, net of amounts capitalized of </font><font style="font-family:inherit;font-size:10pt;">$12.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$9.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, was </font><font style="font-family:inherit;font-size:10pt;">$91.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$74.5 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Income taxes paid for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Other non-cash additions to properties during the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">$83.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$98.9 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, and primarily represent accrued construction and tenant allowance costs.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reconciliation of Cash, Cash Equivalents, and Restricted Cash</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows (Note 1). The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts shown on the Consolidated Statement of Cash Flows.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,037</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,499</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted cash</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,254</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">121,905</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">133,291</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">164,404</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Cash</font></div><div style="line-height:120%;text-align:center;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is required to escrow cash balances for specific uses stipulated by certain of its lenders and other various agreements. As of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s cash balances restricted for these uses were </font><font style="font-family:inherit;font-size:10pt;">$2.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.7 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. Also, as of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had </font><font style="font-family:inherit;font-size:10pt;">$92.4 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$119.2 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of restricted cash held as collateral for financing arrangements related to its Asia investments. During the nine months ended September 30, 2018 and 2017,the restricted cash balances related to the Asia investments declined by </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, as a result of exchange rate fluctuations.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commitments and Contingencies </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash Tender</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At the time of the Company's initial public offering and acquisition of its partnership interest in TRG in 1992, the Company entered into an agreement (the Cash Tender Agreement) with the A. Alfred Taubman Restated Revocable Trust (the Revocable Trust) and TRA Partners (now Taubman Ventures Group LLC or TVG), each of whom owned an interest in TRG, whereby each of the Revocable Trust and TVG (and/or any assignee of the Revocable Trust or TVG) has the right to tender to the Company TRG Units (provided that if the tendering party is tendering less than all of its TRG Units, the aggregate value is at least </font><font style="font-family:inherit;font-size:10pt;">$50 million</font><font style="font-family:inherit;font-size:10pt;">) and cause the Company to purchase the tendered interests at a purchase price based on a market valuation of the Company on the trading date immediately preceding the date of the tender (except as otherwise provided below). TVG is controlled by a majority-in-interest among the Revocable Trust and entities affiliated with the children of A. Alfred Taubman (Robert S. Taubman, William S. Taubman, and Gayle Taubman Kalisman). At the election of the tendering party, TRG Units held by members of A. Alfred Taubman&#8217;s family and TRG Units held by entities in which his family members hold interests may be included in such a tender.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company will have the option to pay for these interests from available cash, borrowed funds, or from the proceeds of an offering of common stock. Generally, the Company expects to finance these purchases through the sale of new shares of its common stock. The tendering partner will bear all market risk if the market price at closing is less than the purchase price and will bear the costs of sale. Any proceeds of the offering in excess of the purchase price will be for the sole benefit of the Company. The Company accounts for the Cash Tender Agreement as a freestanding written put option. As the option put price is defined by the current market price of the Company's stock at the time of tender, the fair value of the written option defined by the Cash Tender Agreement is considered to be </font><font style="font-family:inherit;font-size:10pt;">zero</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Based on a market value at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$59.83</font><font style="font-family:inherit;font-size:10pt;"> per share for the Company's common stock, the aggregate value of TRG Units that may be tendered under the Cash Tender Agreement was </font><font style="font-family:inherit;font-size:10pt;">$1.4 billion</font><font style="font-family:inherit;font-size:10pt;">. The purchase of these interests at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> would have resulted in the Company owning an additional </font><font style="font-family:inherit;font-size:10pt;">28%</font><font style="font-family:inherit;font-size:10pt;"> interest in TRG.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Continuing Offer</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has made a continuing, irrevocable offer (the Continuing Offer) to all present holders of TRG Units (other than a certain excluded holder, currently TVG), permitted assignees of all present holders of TRG Units, those future holders of TRG Units as the Company may, in its sole discretion, agree to include in the Continuing Offer, all existing optionees under the previous option plan and the 2008 Omnibus Plan, and all existing and future optionees under the 2018 Omnibus Plan to exchange shares of common stock for TRG Units. Under the Continuing Offer agreement, </font><font style="font-family:inherit;font-size:10pt;">one TRG Unit is exchangeable for one share of common stock</font><font style="font-family:inherit;font-size:10pt;">. Upon a tender of TRG Units, the corresponding shares of Series B Preferred Stock, if any, will automatically be converted into common stock at a </font><font style="font-family:inherit;font-size:10pt;">ratio of 14,000 shares of Series B Preferred Stock for one share of common stock</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Insurance</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company carries liability insurance to mitigate its exposure to certain losses, including those relating to personal injury claims. We believe the Company's insurance policy terms and conditions and limits are appropriate and adequate given the relative risk of loss and industry practice. However, there are certain types of losses, such as punitive damage awards, which may not be covered by insurance, and not all potential losses are insured against.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Hurricane Maria and The Mall of San Juan</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the third quarter of 2017, The Mall of San Juan experienced certain interior water damage, impacts to exterior landscaping and signage, and significant damage to both Nordstrom and Saks Fifth Avenue as a result of Hurricane Maria. The Company has substantial insurance to cover hurricane and flood damage, as well as business and service interruption. The business interruption coverage commences at time of loss and continues for one year after the damage is fully repaired. The Company's hurricane coverage includes a single deductible of </font><font style="font-family:inherit;font-size:10pt;">$2 million</font><font style="font-family:inherit;font-size:10pt;"> and policy limits of </font><font style="font-family:inherit;font-size:10pt;">$900 million</font><font style="font-family:inherit;font-size:10pt;">, all subject to various terms and conditions. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company has not yet received insurance proceeds related to its business interruption claim. The Company has submitted a preliminary claim to its insurer and is currently in discussions related to the amount to be received and timing of payment. During the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of insurance recoveries related to reimbursement of expensed costs within Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income. Additionally, during the nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized a reduction of </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;"> of depreciation expense relating to insurance proceeds received for property damage for which the Company took write-offs in 2017. During the three months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company did not recognize any such reduction of depreciation expense. During both the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company recognized an estimated expense of </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;"> related to property damage, included within depreciation expense. The Company continues to assess physical loss and will update its estimates if necessary. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 17, 2017, Plaza Internacional Puerto Rico LLC (Plaza Internacional), the owner of The Mall of San Juan (the Mall), filed a civil action in the Commonwealth of Puerto Rico Court of First Instance, San Juan Judicial Center, Superior Court, Civil No. SJ2017CV02094 (503), against Saks Fifth Avenue Puerto Rico, Inc. (Saks PR), and Saks Incorporated (Saks Inc.). The lawsuit asks the court to compel Saks PR and Saks Inc. to immediately remediate and repair the Saks Fifth Avenue store (the Store) that was damaged by Hurricane Maria on September 20, 2017, to reopen the Store on the completion of the reconstruction, and to operate the Store in accordance with the Operating Covenant contained in the Construction, Operation and Reciprocal Easement Agreement among Plaza Internacional, Saks PR, and Nordstrom Puerto Rico LLC (Nordstrom PR) made as of April 23, 2013 (the REA). In response, Saks PR and Saks Inc. filed a Counterclaim, alleging that they have no obligation to repair, remediate, reconstruct, or reopen the Store, asserting various alleged breaches of the REA and other operating agreements. Plaza Internacional filed a motion for a preliminary injunction directing Saks PR to repair, reopen, and operate the Store, but, on March 28, 2018, the Court of First Instance denied Plaza Internacional&#8217;s motion, and, on September 12, 2018, the Court of Appeals of Puerto Rico affirmed that ruling, each without prejudging the merits of the substantive claims. Should Saks PR prevail in the action, Nordstrom PR and other Mall tenants may then have the right to terminate their own operating covenants or leases. Plaza Internacional is vigorously prosecuting its claims and defending the Counterclaim. The outcome of the action cannot be predicted, and, at this time, the Company is unable to estimate the amount of loss that could result from an unfavorable outcome. An unfavorable outcome may have a material and adverse effect on the Company's business and its results of operations.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Other</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">See Note&#160;5 for the Operating Partnership's guarantees of certain notes payable, including guarantees relating to Unconsolidated Joint Ventures, Note 6 for contingent features relating to certain joint venture agreements, Note 7 for contingent features relating to derivative instruments, and Note&#160;8 for obligations under existing share-based compensation plans.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accumulated Other Comprehensive Income</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the balance of each component of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:674px;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:174px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:90px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:51px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:90px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:51px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Taubman Centers, Inc. AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Noncontrolling Interests AOCI</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">January 1, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(7,303</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,919</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">159</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,220</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,379</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other comprehensive income (loss) before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,777</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,081</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(7,696</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,447</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,144</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(496</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(496</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(203</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(203</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net current period other comprehensive income (loss)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,777</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,585</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(8,192</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,447</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,100</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,347</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustments due to changes in ownership</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">September&#160;30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,392</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(371</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,763</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,289</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,729</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the balance of each component of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2017</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:672px;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:176px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:90px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:53px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:89px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:49px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Taubman Centers, Inc. AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Noncontrolling Interests AOCI</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">January 1, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(23,147</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(12,769</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(35,916</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:12px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(9,613</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,065</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,548</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other comprehensive income (loss) before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,839</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(5,721</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,118</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,689</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,351</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,338</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,763</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,763</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,548</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,548</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net current period other comprehensive income (loss)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,839</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,958</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">11,881</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,689</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(803</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,886</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustments due to changes in ownership</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:12px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(9,377</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(14,674</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(24,051</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:12px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,855</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">6,209</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,354</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents reclassifications out of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:674px;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:245px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:185px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:214px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Details about AOCI Components</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Affected line item on the Consolidated Statement of Operations and Comprehensive Income</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Losses (gain) on interest rate instruments and other:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized gain on interest rate contracts - consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(205</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Interest Expense</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on interest rate contracts - UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">287</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized gain on cross-currency interest rate contract - UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(781</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total reclassifications for the period</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents reclassifications out of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:674px;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:245px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:185px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:214px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Details about AOCI Components</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Affected line item on the Consolidated Statement of Operations and Comprehensive Income</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Losses on interest rate instruments and other:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on interest rate contracts - consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,409</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Interest Expense</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on interest rate contracts - UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on cross-currency interest rate contract - UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">982</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total reclassifications for the period</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,311</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the effects of changes in Taubman Centers, Inc.&#8217;s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.&#8217;s equity for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.4140625%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to Taubman Centers, Inc. common shareowners</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,873</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transfers (to) from the noncontrolling interest:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Decrease) increase in Taubman Centers, Inc.&#8217;s paid-in capital for adjustments of noncontrolling interest </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(211</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(490</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net transfers (to) from noncontrolling interests</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(211</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(490</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,662</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,526</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;text-indent:6px;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In 2018 and 2017, adjustments of the noncontrolling interest were made as a result of changes in the Company's ownership of the Operating Partnership in connection with the Company's share-based compensation under employee and director benefit plans (Note 8), issuances of common stock pursuant to the Continuing Offer (Note 9), and in connection with the accounting for the Former Asia President's redeemable ownership interest.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:48px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Beneficial Interest in Debt and Interest Expense</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Operating Partnership's beneficial interest in the debt, capitalized interest, and interest expense of its consolidated subsidiaries and its Unconsolidated Joint Ventures is summarized in the following table. The Operating Partnership's beneficial interest in the consolidated subsidiaries excludes debt and interest related to the noncontrolling interest in Cherry Creek Shopping Center (</font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;">) and International Market Place (</font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:36%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At 100%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At Beneficial Interest</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Debt as of:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,793,278</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,822,403</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,502,696</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,441,430</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,555,228</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,860,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,261,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,459,854</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Capitalized interest:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,266</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,202</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Nine Months Ended September 30, 2017</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,552</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,480</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense:</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">97,242</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,316</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">88,219</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,107</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Nine Months Ended September 30, 2017</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">80,074</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">97,198</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">71,136</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,204</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The Company capitalizes interest costs incurred in funding its equity contributions to development projects accounted for as Unconsolidated Joint Ventures. The capitalized interest cost is included in the Company's basis in its investment in Unconsolidated Joint Ventures. Such capitalized interest reduces interest expense on the Consolidated Statement of Operations and Comprehensive Income and in the table above is included within Consolidated Subsidiaries.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Capitalized interest on the Asia Unconsolidated Joint Venture construction financing is presented at the Company's beneficial interest in both the Unconsolidated Joint Ventures (at 100%) and Unconsolidated Joint Ventures (at Beneficial Interest) columns.</font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">2018 Financings</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2018, a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year, </font><font style="font-family:inherit;font-size:10pt;">$250 million</font><font style="font-family:inherit;font-size:10pt;"> financing was completed for International Market Place. The payments on the loan, which bears interest at </font><font style="font-family:inherit;font-size:10pt;">LIBOR</font><font style="font-family:inherit;font-size:10pt;"> plus </font><font style="font-family:inherit;font-size:10pt;">2.15%</font><font style="font-family:inherit;font-size:10pt;">, are interest only for the initial </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year term. The interest rate may be reduced to </font><font style="font-family:inherit;font-size:10pt;">LIBOR</font><font style="font-family:inherit;font-size:10pt;"> plus </font><font style="font-family:inherit;font-size:10pt;">1.85%</font><font style="font-family:inherit;font-size:10pt;"> upon the achievement of certain performance measures. There are </font><font style="font-family:inherit;font-size:10pt;">two, one-year extension options</font><font style="font-family:inherit;font-size:10pt;">. The Operating Partnership has provided an unconditional guarantee of the loan balance during the term of the loan. Proceeds from the financing were used to pay off the previous construction facility, which had a balance of </font><font style="font-family:inherit;font-size:10pt;">$250.0 million</font><font style="font-family:inherit;font-size:10pt;"> after the Company made a repayment on the facility of </font><font style="font-family:inherit;font-size:10pt;">$43.8 million</font><font style="font-family:inherit;font-size:10pt;"> in July 2018.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2018, the Company completed a </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;">-year, $</font><font style="font-family:inherit;font-size:10pt;">250 million</font><font style="font-family:inherit;font-size:10pt;"> unsecured term loan. TRG is the borrower under the loan, which bears interest at a range of </font><font style="font-family:inherit;font-size:10pt;">LIBOR</font><font style="font-family:inherit;font-size:10pt;"> plus </font><font style="font-family:inherit;font-size:10pt;">1.25%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">LIBOR</font><font style="font-family:inherit;font-size:10pt;"> plus </font><font style="font-family:inherit;font-size:10pt;">1.90%</font><font style="font-family:inherit;font-size:10pt;"> based on the Company's total leverage ratio. The proceeds from this financing, in conjunction with the proceeds from the financing for Twelve Oaks Mall (see below), were used to pay off the Company's existing $</font><font style="font-family:inherit;font-size:10pt;">475 million</font><font style="font-family:inherit;font-size:10pt;"> unsecured term loan. The Company's existing swaps on the $</font><font style="font-family:inherit;font-size:10pt;">475 million</font><font style="font-family:inherit;font-size:10pt;"> unsecured term loan were applied to other unsecured debt, including the new $</font><font style="font-family:inherit;font-size:10pt;">250 million</font><font style="font-family:inherit;font-size:10pt;"> unsecured term loan, resulting in an effective interest rate on the new term loan in the range of </font><font style="font-family:inherit;font-size:10pt;">2.89%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">3.54%</font><font style="font-family:inherit;font-size:10pt;"> through the remaining swap period ending in </font><font style="font-family:inherit;font-size:10pt;">February 2019</font><font style="font-family:inherit;font-size:10pt;">. The loan includes an accordion feature which would increase the Company's borrowing capacity to as much as&#160;</font><font style="font-family:inherit;font-size:10pt;">$400 million</font><font style="font-family:inherit;font-size:10pt;">&#160;if fully exercised, subject to obtaining additional lender commitments, customary closing conditions, covenant compliance, and minimum asset values for the unencumbered asset pool. In October 2018, the Company entered into forward starting swaps to fix the </font><font style="font-family:inherit;font-size:10pt;">LIBOR</font><font style="font-family:inherit;font-size:10pt;"> rate to </font><font style="font-family:inherit;font-size:10pt;">3.02%</font><font style="font-family:inherit;font-size:10pt;"> on the </font><font style="font-family:inherit;font-size:10pt;">$250 million</font><font style="font-family:inherit;font-size:10pt;"> unsecured term loan, effective from </font><font style="font-family:inherit;font-size:10pt;">March 2019</font><font style="font-family:inherit;font-size:10pt;"> through maturity, which will result in an effective interest rate in the range of </font><font style="font-family:inherit;font-size:10pt;">4.27%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">4.92%</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2018, a </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;">-year, $</font><font style="font-family:inherit;font-size:10pt;">300 million</font><font style="font-family:inherit;font-size:10pt;"> non-recourse financing was completed for Twelve Oaks Mall. The payments on the loan, which bears interest at a fixed interest rate of </font><font style="font-family:inherit;font-size:10pt;">4.85%</font><font style="font-family:inherit;font-size:10pt;">, began in April 2018 and are amortizing principal based on </font><font style="font-family:inherit;font-size:10pt;">30 years</font><font style="font-family:inherit;font-size:10pt;">. As a result of this financing, Twelve Oaks Mall was removed as a guarantor and an unencumbered asset under the primary unsecured revolving line of credit and the unsecured term loans.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Upcoming Maturity</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The </font><font style="font-family:inherit;font-size:10pt;">$150 million</font><font style="font-family:inherit;font-size:10pt;"> loan for The Mall at Green Hills matures in December 2018. The Company plans to exercise the first of </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">one-year</font><font style="font-family:inherit;font-size:10pt;"> extension options upon maturity.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Debt Covenants and Guarantees</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain loan agreements contain various restrictive covenants, including the following corporate covenants on the Company&#8217;s primary unsecured revolving line of credit, as well as the </font><font style="font-family:inherit;font-size:10pt;">$300 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$250 million</font><font style="font-family:inherit;font-size:10pt;"> unsecured term loans and the loan on International Market Place: a minimum net worth requirement, a maximum total leverage ratio, a maximum secured leverage ratio, a minimum fixed charge coverage ratio, a maximum recourse secured debt ratio, and a maximum payout ratio. In addition, the Company&#8217;s primary unsecured revolving line of credit and unsecured term loans have unencumbered pool covenants, which currently apply to Beverly Center, Dolphin Mall, and The Gardens on El Paseo on a combined basis. These covenants include a minimum number and minimum value of eligible unencumbered assets, a maximum unencumbered leverage ratio, a minimum unencumbered interest coverage ratio, and a minimum unencumbered asset occupancy ratio. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the corporate total leverage ratio was the most restrictive covenant. The Company was in compliance with all of its covenants and loan obligations as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">. The maximum payout ratio covenant limits the payment of distributions generally to </font><font style="font-family:inherit;font-size:10pt;">95%</font><font style="font-family:inherit;font-size:10pt;"> of funds from operations, as defined in the loan agreements, except as required to maintain the Company&#8217;s tax status, pay preferred distributions, and for distributions related to the sale of certain assets.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the August 2018 financing at International Market Place, the Operating Partnership has provided an unconditional guarantee of the loan principal balance and all accrued but unpaid interest during the term of the loan. The </font><font style="font-family:inherit;font-size:10pt;">$250.0 million</font><font style="font-family:inherit;font-size:10pt;"> International Market Place loan is non-amortizing during the initial </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-year term with principal amortization required during the extension periods, if exercised. Accrued but unpaid interest as of September 30, 2018 was </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;">. The Company believes the likelihood of a repayment under the guarantee to be remote.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the </font><font style="font-family:inherit;font-size:10pt;">$175 million</font><font style="font-family:inherit;font-size:10pt;"> additional financing at International Plaza, which is owned by an Unconsolidated Joint Venture, the Operating Partnership provided an unconditional and several guarantee of </font><font style="font-family:inherit;font-size:10pt;">50.1%</font><font style="font-family:inherit;font-size:10pt;"> of all obligations and liabilities related to an interest rate swap that was required on the debt for the term of the loan. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the interest rate swap was an asset and in a receivable position for unpaid interest. The Company believes the likelihood of a payment under the guarantee to be remote.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivative and Hedging Activities</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Risk Management Objective and Strategies for Using Derivatives</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company uses derivative instruments, such as interest rate swaps and interest rate caps, primarily to manage exposure to interest rate risks inherent in variable rate debt and refinancings. The Company may also enter into forward starting swaps or treasury lock agreements to set the effective interest rate on a planned fixed-rate financing. The Company&#8217;s interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Interest rate caps involve the receipt of variable-rate amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium. In a forward starting swap or treasury lock agreement that the Company cash settles in anticipation of a fixed rate financing or refinancing, the Company will receive or pay an amount equal to the present value of future cash flow payments based on the difference between the contract rate and market rate on the settlement date.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company does not use derivatives for trading or speculative purposes and currently does not have any derivatives that are not designated as hedging instruments under the accounting requirements for derivatives and hedging.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding derivatives that were designated and are expected to be effective as cash flow hedges of the interest payments and/or the currency exchange rate on the associated debt.</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:23%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Instrument Type</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ownership</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Swap Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Credit Spread on Loan</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Swapped Rate on Loan</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maturity Date</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Subsidiaries:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.64</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.54</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">175,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.65</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.70</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.64</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90% / 1.70%</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.54% / 3.34%</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.09</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.40</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.49</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 2024</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Ventures:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#160;(4)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">163,072</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.83</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.75</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.58</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 2021</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) USD/pay-fixed Korean Won (KRW) cross-currency interest rate swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,065 USD / 60,500,000 KRW</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.52</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.60</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 2020</font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The hedged forecasted transaction for each of these swaps is the first previously unhedged </font><font style="font-family:inherit;font-size:8pt;">one-month LIBOR</font><font style="font-family:inherit;font-size:8pt;">-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan and $</font><font style="font-family:inherit;font-size:8pt;">225 million</font><font style="font-family:inherit;font-size:8pt;"> on the $</font><font style="font-family:inherit;font-size:8pt;">1.1 billion</font><font style="font-family:inherit;font-size:8pt;"> primary unsecured revolving line of credit. The credit spreads on these loans can vary within a range of </font><font style="font-family:inherit;font-size:8pt;">1.25%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">1.90%</font><font style="font-family:inherit;font-size:8pt;"> on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan and </font><font style="font-family:inherit;font-size:8pt;">1.15%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">1.70%</font><font style="font-family:inherit;font-size:8pt;"> on the primary unsecured revolving line of credit, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of </font><font style="font-family:inherit;font-size:8pt;">2.89%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">3.54%</font><font style="font-family:inherit;font-size:8pt;"> on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan and </font><font style="font-family:inherit;font-size:8pt;">2.80%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">3.35%</font><font style="font-family:inherit;font-size:8pt;"> on $</font><font style="font-family:inherit;font-size:8pt;">225 million</font><font style="font-family:inherit;font-size:8pt;"> of the $</font><font style="font-family:inherit;font-size:8pt;">1.1 billion</font><font style="font-family:inherit;font-size:8pt;"> primary unsecured revolving line of credit during the remaining swap period. In October 2018, the Company entered into forward starting swaps on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan (see "Note 5 - Beneficial Interest in Debt and Interest Expense - 2018 Financings").</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The hedged forecasted transaction for each of these swaps is the first previously unhedged </font><font style="font-family:inherit;font-size:8pt;">one-month LIBOR</font><font style="font-family:inherit;font-size:8pt;">-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on its </font><font style="font-family:inherit;font-size:8pt;">$300 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan. The credit spread on this loan can vary within a range of </font><font style="font-family:inherit;font-size:8pt;">1.25%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">1.90%</font><font style="font-family:inherit;font-size:8pt;">, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of </font><font style="font-family:inherit;font-size:8pt;">3.39%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">4.04%</font><font style="font-family:inherit;font-size:8pt;"> during the swap period.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on the U.S. headquarters building.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on International Plaza.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(5)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The notional amount on this swap is equal to the outstanding principal balance of the U.S. dollar construction loan for Starfield Hanam. There is a cross-currency interest rate swap to fix the interest rate on the loan and swap the related principal and interest payments from U.S. dollars to KRW in order to reduce the impact of fluctuations in interest rates and exchange rates on the cash flows of the joint venture. The currency swap exchange rate is </font><font style="font-family:inherit;font-size:8pt;">1,162.0</font><font style="font-family:inherit;font-size:8pt;">. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Cash Flow Hedges</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company early adopted ASU No. 2017-12, "Targeted Improvements to Accounting for Hedging Activities", which provided changes in hedge accounting recognition and presentation requirements. The Company now recognizes all changes in fair value for hedging instruments designated and qualifying for cash flow hedge accounting treatment as a component of Other Comprehensive Income (OCI), as opposed to previously recognizing the ineffective portion, if any, directly in earnings. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjusting entry to reclassify an inconsequential amount of previous hedge ineffectiveness for cash flow hedges from Dividends in Excess of Net Income to AOCI on the Company's Consolidated Balance Sheet. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the unrealized gain or loss on the derivative is reported as a component of OCI. Prior to the adoption of ASU No. 2017-12 on January 1, 2018, the ineffective portion of the change in fair value, if any, was recognized directly in earnings. Beginning January 1, 2018, all unrealized gains or losses on the derivatives are reported as components of OCI. Net realized gains or losses resulting from derivatives that were settled in conjunction with planned fixed-rate financings or refinancings continue to be included in AOCI during the term of the hedged debt transaction.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amounts reported in AOCI related to currently outstanding interest rate derivatives are recognized as an adjustment to income as interest payments are made on the Company&#8217;s variable-rate debt. Realized gains or losses on settled derivative instruments included in AOCI are recognized as an adjustment to income over the term of the hedged debt transaction. Amounts reported in AOCI related to the cross-currency interest rate swap are recognized as an adjustment to income as transaction gains or losses arising from the remeasurement of foreign currency denominated loans are recognized and as actual interest and principal obligations are repaid.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company expects that approximately </font><font style="font-family:inherit;font-size:10pt;">$3.8 million</font><font style="font-family:inherit;font-size:10pt;"> of the AOCI of Taubman Centers, Inc. and the noncontrolling interests will be reclassified from AOCI and recognized as an increase to income in the following 12 months.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following tables present the effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">. The tables include the amount of gains or losses on outstanding derivative instruments recognized in OCI in cash flow hedging relationships and the location and amount of gains or losses reclassified from AOCI into income resulting from outstanding derivative instruments.</font></div><div style="line-height:120%;text-align:justify;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives in cash flow hedging relationships:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">756</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">472</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest Expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">506</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(533</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; UJVs</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">454</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(523</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross-currency interest rate contract &#8211; UJV</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">92</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(36</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total derivatives in cash flow hedging relationships</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,083</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">913</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">469</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,034</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:36%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives in cash flow hedging relationships:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,674</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(257</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest Expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">205</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,409</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; UJVs</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,101</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,693</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(287</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross-currency interest rate contract &#8211; UJV</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(90</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(32</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">781</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(982</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total derivatives in cash flow hedging relationships</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,685</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,404</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,311</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records all derivative instruments at fair value on the Consolidated Balance Sheet. The following table presents the location and fair value of the Company&#8217;s derivative financial instruments as reported on the Consolidated Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:38%;" rowspan="1" colspan="1"></td><td style="width:34%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asset derivatives:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred Charges and Other Assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,128</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contract - UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,504</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">760</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets designated as hedging instruments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,632</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liability derivatives:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiary</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts Payable and Accrued Liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(484</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; UJV</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(357</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross-currency interest rate contract &#8211; UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(940</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,630</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities designated as hedging instruments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(940</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,471</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Contingent Features</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:10px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All of the Company's outstanding derivatives contain provisions that state if the hedged entity defaults on its indebtedness above a certain threshold, then the derivative obligation could also be declared in default. The cross default thresholds vary for each agreement, ranging from </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> of any indebtedness to </font><font style="font-family:inherit;font-size:10pt;">$50 million</font><font style="font-family:inherit;font-size:10pt;"> of indebtedness on the Operating Partnership's indebtedness. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company is not in default on any indebtedness that would trigger a credit-risk-related default on its current outstanding derivatives.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the fair value of derivative instruments with credit-risk-related contingent features that were in a liability position was </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.5 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company was not required to post any collateral related to these agreements. If the Company breached any of these provisions it would be required to settle its obligations under the agreements at their fair value. See Note 5 regarding guarantees and Note 11 for fair value information on derivatives.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disaggregation of Revenue</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company&#8217;s disaggregation of consolidated revenues for this purpose.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:665px;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:310px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expense recoveries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,096</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,960</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,177</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,385</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping center and other operational revenues </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,948</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,452</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management, leasing, and development services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,147</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,480</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,439</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue from contracts with customers</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,259</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">64,055</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">190,597</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">187,276</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income. </font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Share-Based Compensation</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">General</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May&#160;2018, the Company&#8217;s shareowners approved The Taubman Company LLC 2018 Omnibus Long-Term Incentive Plan (2018 Omnibus Plan). The 2018 Omnibus Plan provides for the award to directors, officers, employees, and other service providers of the Company and its affiliates of restricted shares, restricted share units, restricted profits units of TRG (TRG Profits Units), options to purchase common shares, unrestricted shares, and dividend equivalent rights, in each case with or without performance conditions, to acquire up to an aggregate of </font><font style="font-family:inherit;font-size:10pt;">2.8 million</font><font style="font-family:inherit;font-size:10pt;"> common shares or TRG Profits Units. Every share or TRG Profits Unit subject to awards under the 2018 Omnibus Plan shall be counted against this limit as </font><font style="font-family:inherit;font-size:10pt;">one share or TRG Profits Unit for every one share or TRG Profits Unit granted</font><font style="font-family:inherit;font-size:10pt;">. The amount of shares or TRG Profits Units available for future grants is adjusted when the number of contingently issuable common shares or units are settled. If an award issued under the 2018 Omnibus Plan is forfeited, expires without being exercised, or is used to pay tax withholding on such award, the shares of TRG Profits Units become available for issuance under new award. TRG Profits Units are intended to constitute "profits interests" within the meaning of Treasury authority under the Internal Revenue Code of 1986, as amended. In addition, non-employee directors have the option to defer their compensation under a deferred compensation plan. The 2018 Omnibus Plan allows the Company to permit or require the deferral of all or a part of an award payment into a deferred compensation arrangement.&#160;Prior to the adoption of the 2018 Omnibus Plan, the Company provided share-based compensation through The Taubman Company LLC 2008 Omnibus Long-Term Incentive Plan (2008 Omnibus Plan), as amended, which expired in May 2018.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">2018 Awards - TRG Profits Units</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During 2018, the following types of TRG Profits Units awards were granted to certain senior management employees: (1) a time-based award with a three-year cliff vesting period (Restricted TRG Profits Units); (2) a performance-based award that is based on the achievement of relative total shareholder return (TSR) over a three-year period (Relative TSR Performance-based TRG Profits Units); and (3) a performance-based award that is based on the achievement of net operating income (NOI) over a three-year period (NOI Performance-based TRG Profits Units). The maximum number of Relative TSR and NOI Performance-based TRG Profits Units are issued at grant, eventually subject to a recovery and cancellation of previously granted amounts depending on actual performance against TSR and NOI measures over the three-year performance measurement period. NOI Performance-based TRG Profits Units provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved. Relative TSR and NOI Performance-based TRG Profits Units are generally subject to the same performance measures as the TSR-Based and NOI-Based Performance Share Units (see 2018 Awards - Other Management Employee Grants below). Despite the difference in scaling of the grant programs, the final outcome of the TSR and NOI performance measures will result in similar numbers of either TRG Units or common shares being issued at vesting under the TRG Profits Units program and the Performance Share Unit program, respectively.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Each such award </font><font style="font-family:inherit;font-size:10pt;">represents a contingent right to receive a TRG Unit upon vesting and the satisfaction of certain tax-driven requirements and, as to the TSR and NOI Performance-based TRG Profits Units, the satisfaction of certain performance-based requirements. Until vested, a TRG Profits Unit entitles the holder to only one-tenth of the distributions otherwise payable by TRG on a TRG Unit. Therefore, the Company accounts for these TRG Profits Units as participating securities in the Operating Partnership. A portion of the TRG Profits Units award represents estimated cash distributions that otherwise would have been payable during the vesting period and, upon vesting, there will be an adjustment in actual number of TRG Profits Units realized under each award to reflect the Operating Partnership's actual cash distributions during the vesting period</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All TRG Profits Units issued in 2018 vest in March 2021, if continuous service has been provided, or upon retirement or certain other events (such as death or disability) if earlier. Each holder of a TRG Profits Unit will be treated as a limited partner in TRG from the date of grant. To the extent the vested TRG Profits Units have not achieved the applicable criteria for conversion to TRG Units, vesting and economic equivalence to a TRG Unit prior to the tenth anniversary of the date of grant, the awards will be forfeited pursuant to the terms of the award agreement. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">2018 Awards - Other Management Employee Grants</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During 2018, other types of awards granted to management employees include those described below. These vest in March 2021, if continuous service has been provided, or upon retirement or certain other events (such as death or disability) if earlier.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">TSR - Based Performance Share Units (TSR PSU) - </font><font style="font-family:inherit;font-size:10pt;">Each TSR PSU </font><font style="font-family:inherit;font-size:10pt;">represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the TSR PSU based on the Company's market performance relative to that of a peer group. The TSR PSU grants include a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">NOI - Based Performance Share Units (NOI PSU)</font><font style="font-family:inherit;font-size:10pt;"> - Each NOI PSU </font><font style="font-family:inherit;font-size:10pt;">represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the NOI PSU based on the Company's NOI performance, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period. These awards also provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved.<br clear="none"/></font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Share Units (RSU)</font><font style="font-family:inherit;font-size:10pt;"> - Each RSU </font><font style="font-family:inherit;font-size:10pt;">represents the right to receive upon vesting one share of common stock, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Expensed and Capitalized Costs</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The compensation cost charged to income for the Company&#8217;s share-based compensation plans was </font><font style="font-family:inherit;font-size:10pt;">$2.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$6.9 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively. The compensation cost charged to income for the Company&#8217;s share-based compensation plans was </font><font style="font-family:inherit;font-size:10pt;">$2.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$8.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively. Compensation cost capitalized as part of properties and deferred leasing costs was </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, respectively, and </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Valuation Methodologies</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimated the grant-date fair values of share-based grants using the methods as follows. Expected volatility and dividend yields are based on historical volatility and yields of the Company&#8217;s common stock, respectively, as well as other factors. The risk-free interest rates used are based on the U.S. Treasury yield curves in effect at the grant date. The Company assumes no forfeitures for failure to meet the service requirement of Performance Share Units (PSU) or TRG Profits Units, due to the small number of participants and low turnover rate.</font></div><div style="line-height:120%;text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The valuations of all grants utilized the Company's common stock price at the grant date. Common stock prices when used in valuing TRG Profits Units are further adjusted by the present value of expected differences in dividends payable on the common stock versus the distributions payable on the TRG Profits Units over the vesting period. The Company estimated the value of grants dependent on TSR performance using a Monte Carlo simulation and considering historical returns of the Company and the peer group.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For awards dependent on NOI performance, the Company considers the NOI measure a performance condition under applicable accounting standards, and as such, has estimated a grant-date fair value for each of its possible outcomes. The compensation cost ultimately will be recognized equal to the grant-date fair value of the award that coincides with the actual outcome of the NOI performance. The weighted average grant-date fair value shown for NOI-dependent awards corresponds with management's current expectation of the probable outcome of the NOI performance measure. The product of the NOI-dependent awards outstanding and the grant-date fair value represents the compensation cost being recognized over the service periods.</font></div><div style="line-height:120%;text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The valuations of TRG Profits Units consider the possibility that sufficient share price appreciation will not be realized, such that the conversion to TRG Units will not occur and the awards will be forfeited.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Summaries of Activity for the </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Nine Months Ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;"> </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted TRG Profits Units</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:74.8046875%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:39%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:29%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of Restricted TRG Profits Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,131</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59.08</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,154</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49.29</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">69,285</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">57.93</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fully vested at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,826</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59.03</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> of total unrecognized compensation cost related to nonvested Restricted TRG Profits Units outstanding. This cost is expected to be recognized over an average period of </font><font style="font-family:inherit;font-size:10pt;">1.4 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Relative TSR Performance-based TRG Profits Units</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:75.390625%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:27%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of relative TSR Performance-based TRG Profits Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">129,733</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.59</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22.22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">148,078</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">25.17</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fully vested at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">797</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">23.14</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$1.1 million</font><font style="font-family:inherit;font-size:10pt;"> of total unrecognized compensation cost related to nonvested Relative TSR Performance-based TRG Profits Units outstanding. This cost is expected to be recognized over an average period of </font><font style="font-family:inherit;font-size:10pt;">1.4 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">NOI Performance-based TRG Profits Units</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:75.1953125%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:40%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:28%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of NOI Performance-based TRG Profits Units</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">131,604</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.69</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16.43</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">149,949</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">19.28</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fully vested at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,668</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33.56</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;"> of total unrecognized compensation cost related to nonvested NOI Performance-based TRG Profits Units outstanding. This cost is expected to be recognized over an average period of </font><font style="font-family:inherit;font-size:10pt;">1.4 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">TSR - Based Performance Share Units</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.6875%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of TSR PSU</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,850</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,046</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sub style="vertical-align:bottom;line-height:120%;font-size:5pt">(1)</sub>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110.19</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,393</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">78.82</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,197</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79.13</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:4px;text-align:justify;text-indent:612px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;&#160;&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:102px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:78px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on the Company's market performance relative to that of a peer group, the actual number of shares of common stock issued upon vesting during the </font><font style="font-family:inherit;font-size:8pt;">nine months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:8pt;"> was </font><font style="font-family:inherit;font-size:8pt;">45,941</font><font style="font-family:inherit;font-size:8pt;"> shares (</font><font style="font-family:inherit;font-size:8pt;">1.24</font><font style="font-family:inherit;font-size:8pt;">x) for the TSR PSU. That is, despite the completion of the applicable employee service requirements, the number of shares ultimately considered earned is determined by the extent to which the TSR market performance measure was achieved during the performance period. </font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:102px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;"> of total unrecognized compensation cost related to nonvested TSR PSU outstanding. This cost is expected to be recognized over an average period of </font><font style="font-family:inherit;font-size:10pt;">2.0 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">NOI - Based Performance Share Units</font></div><div style="line-height:120%;text-align:center;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.6875%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of NOI PSU</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,804</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">67.00</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,393</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58.28</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,197</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60.59</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;"> of total unrecognized compensation cost related to nonvested NOI PSU outstanding. This cost is expected to be recognized over an average period of </font><font style="font-family:inherit;font-size:10pt;">2.0 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Restricted Share Units</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.8828125%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of RSU</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018 </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">195,021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">69.22</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(73,294</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">73.91</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">69,931</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58.28</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,817</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62.18</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">186,841</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">63.46</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:102px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:78px;"><font style="font-family:inherit;font-size:8pt;">(1) </font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The beginning balance outstanding and associated grant-date fair value were adjusted immaterially from previously reported amounts to reflect the actual number of RSU outstanding as of January 1, 2018.</font></div></td></tr></table><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, there was </font><font style="font-family:inherit;font-size:10pt;">$5.7 million</font><font style="font-family:inherit;font-size:10pt;"> of total unrecognized compensation cost related to nonvested RSU outstanding. This cost is expected to be recognized over an average period of </font><font style="font-family:inherit;font-size:10pt;">1.7 years</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Unit Option Deferral Election</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under a prior option plan, the 2008 Omnibus Plan, and the 2018 Omnibus Plan, vested unit options can be exercised by tendering mature units with a market value equal to the exercise price of the unit options. In 2002, Robert S. Taubman, the Company&#8217;s chief executive officer, exercised options for </font><font style="font-family:inherit;font-size:10pt;">3.0 million</font><font style="font-family:inherit;font-size:10pt;"> units by tendering </font><font style="font-family:inherit;font-size:10pt;">2.1 million</font><font style="font-family:inherit;font-size:10pt;"> mature units and deferring receipt of </font><font style="font-family:inherit;font-size:10pt;">0.9 million</font><font style="font-family:inherit;font-size:10pt;"> units under the unit option deferral election. As the Operating Partnership pays distributions, the deferred option units receive their proportionate share of the distributions in the form of cash payments. Under an amendment executed in January 2011 and subsequent deferral elections (the latest being made in September 2016), beginning in </font><font style="font-family:inherit;font-size:10pt;">December 2022</font><font style="font-family:inherit;font-size:10pt;"> (unless Mr. Taubman retires earlier), the deferred options units will be issued as TRG Units in </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> annual installments. The deferred option units are accounted for as participating securities of the Operating Partnership.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Earnings Per Common Share </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic earnings per common share amounts are based on the weighted average of common shares outstanding for the respective periods. Diluted earnings per common share amounts are based on the weighted average of common shares outstanding plus the dilutive effect of potential common stock. Potential common stock includes outstanding TRG Units exchangeable for common shares under the Continuing Offer (Note 9), outstanding options for TRG Units, TSR PSU, NOI PSU, Restricted and Performance-based TRG Profits Units, RSU, deferred shares under the Non-Employee Directors&#8217; Deferred Compensation Plan, and unissued TRG Units under a unit option deferral election (Note 8). In computing the potentially dilutive effect of potential common stock, TRG Units are assumed to be exchanged for common shares under the Continuing Offer, increasing the weighted average number of shares outstanding. The potentially dilutive effects of TRG Units outstanding and/or issuable under the unit option deferral elections are calculated using the if-converted method, while the effects of other potential common stock are calculated using the treasury method. Contingently issuable shares are included in diluted earnings per common share based on the number of shares, if any, which would be issuable if the end of the reporting period were the end of the contingency period.&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,976</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,363</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,873</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,016</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impact of additional ownership of TRG </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">74</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,007</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,370</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,950</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,090</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares (Denominator) &#8211; basic</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,001,357</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,710,184</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,970,572</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,654,026</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effect of dilutive securities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">294,710</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">288,967</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">274,729</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">364,829</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares (Denominator) &#8211; diluted</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,296,067</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,999,151</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,245,301</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,018,855</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per common share &#8211; basic</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.34</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.90</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.58</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per common share &#8211; diluted</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.34</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.90</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.58</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The calculation of diluted earnings per common share in certain periods excluded certain potential common stock including outstanding TRG Units and unissued TRG Units under a unit option deferral election, both of which may be exchanged for common shares of the Company under the Continuing Offer. The table below presents the potential common stock excluded from the calculation of diluted earnings per common share as they were anti-dilutive in the period presented.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:672px;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:326px;" rowspan="1" colspan="1"></td><td style="width:78px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:10px;" rowspan="1" colspan="1"></td><td style="width:78px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:75px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:75px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average noncontrolling TRG Units outstanding</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,115,235</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,164,979</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,134,110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,082,322</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unissued TRG Units under unit option deferral elections</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Investments in Unconsolidated Joint Ventures</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">General Information</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company owns beneficial interests in joint ventures that own shopping centers. The Operating Partnership is the sole direct or indirect managing general partner or managing member of Fair Oaks Mall, International Plaza, Stamford Town Center, Sunvalley, The Mall at University Town Center, and Westfarms; however, these joint ventures are accounted for under the equity method due to the substantive participation rights of the outside partners. The Operating Partnership also provides certain management, leasing, and/or development services to the other shopping centers noted below.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:77.734375%;border-collapse:collapse;text-align:left;"><tr><td colspan="3" rowspan="1"></td></tr><tr><td style="width:68%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:29%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping Center</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ownership as of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30, 2018 and</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CityOn.Xi'an</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CityOn.Zhengzhou</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Country Club Plaza</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Oaks Mall</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">International Plaza</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50.1</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Mall at Millenia</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stamford Town Center</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Starfield Anseong (under development)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 2</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Starfield Hanam</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.3</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sunvalley</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Mall at University Town Center</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Waterside Shops</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Westfarms</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's carrying value of its investment in Unconsolidated Joint Ventures differs from its share of the partnership or members&#8217; equity reported on the combined balance sheet of the Unconsolidated Joint Ventures due to (i) the Company's cost of its investment in excess of the historical net book values of the Unconsolidated Joint Ventures and (ii) the Operating Partnership&#8217;s adjustments to the book basis, including intercompany profits on sales of services that are capitalized by the Unconsolidated Joint Ventures. The Company's additional basis allocated to depreciable assets is recognized on a straight-line basis over </font><font style="font-family:inherit;font-size:10pt;">40 years</font><font style="font-family:inherit;font-size:10pt;">. The Operating Partnership&#8217;s differences in bases are amortized over the useful lives or terms of the related assets and liabilities.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In its Consolidated Balance Sheet, the Company separately reports its investment in Unconsolidated Joint Ventures for which accumulated distributions have exceeded investments in and net income of the Unconsolidated Joint Ventures. The net equity of certain joint ventures is </font><font style="font-family:inherit;font-size:10pt;">less than zero</font><font style="font-family:inherit;font-size:10pt;"> because distributions are usually greater than net income, as net income includes non-cash charges for depreciation and amortization. In addition, any distributions related to refinancing of the centers further decrease the net equity of the centers.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Combined Financial Information</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Combined balance sheet and results of operations information is presented in the following table for the Unconsolidated Joint Ventures, followed by the Operating Partnership's beneficial interest in the combined operations information. The combined financial information of the Unconsolidated Joint Ventures as of&#160;</font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">&#160;excludes the balances of Starfield Anseong, which was under development as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> (Note 2). Beneficial interest is calculated based on the Operating Partnership's ownership interest in each of the Unconsolidated Joint Ventures.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:98.4375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, <br clear="none"/>2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Properties</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,709,976</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,756,890</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accumulated depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(838,955</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(767,678</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,871,021</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,989,212</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">171,616</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,102</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">129,216</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">121,173</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred charges and other assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">125,357</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">136,837</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,297,210</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,394,324</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liabilities and accumulated equity (deficiency) in assets:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes payable, net</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#160;</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,822,403</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,860,384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">432,663</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">471,948</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG's accumulated deficiency in assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(53,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(48,338</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Venture Partners' accumulated equity in assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,644</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110,330</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,297,210</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,394,324</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG's accumulated deficiency in assets (above)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(53,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(48,338</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">140,011</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,106</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TRG basis adjustments, including elimination of intercompany profit</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58,422</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">63,886</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TCO's additional basis</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,664</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49,124</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net investment in Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">192,597</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110,778</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Distributions in excess of investments in and net income of Unconsolidated Joint Ventures</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">480,622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">494,851</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">673,219</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">605,629</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:57%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">146,973</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">146,406</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">446,608</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">429,679</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maintenance, taxes, utilities, promotion, and other operating expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,140</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">59,494</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">155,321</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">159,854</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,199</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,108</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99,316</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">97,198</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">32,791</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31,907</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">98,727</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total operating costs</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">116,130</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">123,509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">353,364</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">352,155</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nonoperating income, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">563</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">340</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,491</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,551</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,896</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(276</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,740</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,139</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gain on disposition, net of tax </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,713</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,510</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22,961</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89,995</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79,649</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to TRG</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">15,193</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,585</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">46,435</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,833</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Realized intercompany profit, net of depreciation on TRG&#8217;s basis adjustments</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,205</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,626</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,705</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,726</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation of TCO's additional basis</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(488</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(488</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,460</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,460</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in income of Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,910</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,723</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,680</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,099</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beneficial interest in Unconsolidated Joint Ventures&#8217; operations:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenues less maintenance, taxes, utilities, promotion, and other operating expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,216</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,063</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">155,744</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">147,310</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest expense</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(17,093</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,574</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(51,107</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(50,204</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(17,190</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(16,646</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(51,570</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(49,819</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Income tax expense</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,023</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(120</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,387</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,271</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gain on disposition, net of tax </font><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,083</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in income of Unconsolidated Joint Ventures</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,910</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13,723</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,680</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">47,099</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;text-align:justify;text-indent:6px;"><font style="text-align:justify;font-family:inherit;font-size:8pt;padding-right:24px;">(1)</font><font style="font-family:inherit;font-size:8pt;">Amount represents the gain related to the sale of the Valencia Place office tower at Country Club Plaza in March 2017 (Note 2).</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Related Party</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In 2016, the Company issued a note receivable to CityOn.Zhengzhou for purposes of funding development costs. The balance of the note receivable was </font><font style="font-family:inherit;font-size:10pt;">$43.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$46.1 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively, and was classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company owns beneficial interests in joint ventures that own shopping centers. The Operating Partnership is the sole direct or indirect managing general partner or managing member of Fair Oaks Mall, International Plaza, Stamford Town Center, Sunvalley, The Mall at University Town Center, and Westfarms; however, these joint ventures are accounted for under the equity method due to the substantive participation rights of the outside partners. The Operating Partnership also provides certain management, leasing, and/or development services to the other shopping centers noted below.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:77.734375%;border-collapse:collapse;text-align:left;"><tr><td colspan="3" rowspan="1"></td></tr><tr><td style="width:68%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:29%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping Center</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ownership as of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 30, 2018 and</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CityOn.Xi'an</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CityOn.Zhengzhou</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">49</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Country Club Plaza</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Oaks Mall</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">International Plaza</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50.1</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Mall at Millenia</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Stamford Town Center</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Starfield Anseong (under development)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Note 2</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Starfield Hanam</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.3</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Sunvalley</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Mall at University Town Center</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Waterside Shops</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Westfarms</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The estimated fair values of notes payable at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:90.4296875%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:29%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes payable, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,793,278</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,663,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,555,228</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,503,071</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fair Value Disclosures </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This note contains required fair value disclosures for assets and liabilities remeasured at fair value on a recurring basis and financial instruments carried at other than fair value, as well as assumptions employed in deriving these fair values.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Recurring Valuations</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Derivative Instruments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of interest rate hedging instruments is the amount that the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the reporting date. The Company&#8217;s valuations of its derivative instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative, and therefore fall into Level&#160;2 of the fair value hierarchy. The valuations reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including forward curves. The fair values of interest rate hedging instruments also incorporate credit valuation adjustments to appropriately reflect both the Company&#8217;s own nonperformance risk and the respective counterparty's nonperformance risk.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's valuations of both its investments in an insurance deposit and in SPG common shares utilize unadjusted quoted prices determined by active markets for the specific securities the Company has invested in, and therefore fall into Level&#160;1 of the fair value hierarchy. In connection with the adoption of ASU No. 2016-01 on January 1, 2018 (Note 1), the Company now measures its investment in SPG common shares at fair value with changes in value recorded through net income. The Company owned </font><font style="font-family:inherit;font-size:10pt;">440,124</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">590,124</font><font style="font-family:inherit;font-size:10pt;"> SPG common shares as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively. In September 2018, the Company sold </font><font style="font-family:inherit;font-size:10pt;">150,000</font><font style="font-family:inherit;font-size:10pt;"> SPG common shares at an average price of </font><font style="font-family:inherit;font-size:10pt;">$184.19</font><font style="font-family:inherit;font-size:10pt;"> per share. In October 2018, an additional </font><font style="font-family:inherit;font-size:10pt;">150,000</font><font style="font-family:inherit;font-size:10pt;"> SPG common shares were sold at an average price of </font><font style="font-family:inherit;font-size:10pt;">$180.54</font><font style="font-family:inherit;font-size:10pt;"> per share. Upon completion of the sale, the Company had </font><font style="font-family:inherit;font-size:10pt;">290,124</font><font style="font-family:inherit;font-size:10pt;"> SPG common shares remaining. Proceeds from both sales were used to pay down the Company's revolving lines of credit. During the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded </font><font style="font-family:inherit;font-size:10pt;">$5.0 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$4.1 million</font><font style="font-family:inherit;font-size:10pt;"> of income, respectively in Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income related to the change in fair value of its SPG common shares investment during the period. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:44%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements as of September 30, 2018 Using</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements as of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2017 Using</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Description</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs<br clear="none"/>(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs<br clear="none"/>(Level 2)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SPG common shares </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77,792</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101,348</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Insurance deposit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,077</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,703</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative interest rate contracts (Note 7)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,128</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87,869</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">118,051</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">939</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative interest rate contracts (Note 7)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(484</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(484</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The insurance deposit shown above represents cash maintained in an escrow account in connection with a property and casualty insurance arrangement for the Company&#8217;s shopping centers, and is classified within Deferred Charges and Other Assets on the Consolidated Balance Sheet. Corresponding deferred revenue relating to amounts billed to tenants for this arrangement has been classified within Accounts Payable and Accrued Liabilities on the Consolidated Balance Sheet.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Financial Instruments Carried at Other Than Fair Values</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Notes Payable</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of notes payable is estimated using cash flows discounted at current market rates and therefore falls into Level 2 of the fair value hierarchy. When selecting discount rates for purposes of estimating the fair value of notes payable at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company employed the credit spreads at which the debt was originally issued. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The estimated fair values of notes payable at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:90.4296875%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:29%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Carrying Value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notes payable, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,793,278</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,663,323</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,555,228</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,503,071</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair values of the notes payable are dependent on the interest rates used in estimating the values. An overall </font><font style="font-family:inherit;font-size:10pt;">1%</font><font style="font-family:inherit;font-size:10pt;"> increase in interest rates employed in making these estimates would have decreased the fair values of the debt shown above at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> by </font><font style="font-family:inherit;font-size:10pt;">$136.0 million</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">3.7%</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cash Equivalents and Notes Receivable</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of cash equivalents and notes receivable approximates their carrying value due to their short maturity. The fair value of cash equivalents is derived from quoted market prices and therefore falls into Level 1 of the fair value hierarchy. The fair value of notes receivable is estimated using cash flows discounted at current market rates and therefore falls into Level 2 of the fair value hierarchy.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">See Note&#160;7 regarding additional information on derivatives.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Income Taxes</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Income Tax Expense (Benefit)</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s income tax expense (benefit) for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> consisted of the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:86.5234375%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:55%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal current</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">253</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(373</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,103</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal deferred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(711</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(204</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,059</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">823</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign current</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">370</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">857</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">712</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign deferred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(176</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(74</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(136</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State current</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(113</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(202</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(61</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State deferred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">140</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total income tax expense (benefit)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(996</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(784</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">375</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Deferred Taxes</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets and liabilities as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:71.875%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,665</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,816</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,788</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,037</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">545</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,518</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Valuation allowances</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,291</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,620</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net deferred tax assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,227</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,216</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,863</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,517</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,863</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,517</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:120px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:96px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">During 2018, a </font><font style="font-family:inherit;font-size:8pt;">$4.1 million</font><font style="font-family:inherit;font-size:8pt;"> deferred tax asset was recognized for the Federal investment tax credit generated from solar equipment placed in service. A corresponding reduction in properties assets was recorded to reflect the deferral method of accounting for tax credits.</font></div></td></tr></table><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the fourth quarter of 2017, the Tax Cuts and Jobs Act of 2017 was signed into law and reduced the corporate tax rate from </font><font style="font-family:inherit;font-size:10pt;">34%</font><font style="font-family:inherit;font-size:10pt;"> down to </font><font style="font-family:inherit;font-size:10pt;">21%</font><font style="font-family:inherit;font-size:10pt;">. All Federal deferred tax assets and liabilities have been reported at the new </font><font style="font-family:inherit;font-size:10pt;">21%</font><font style="font-family:inherit;font-size:10pt;"> Federal corporate rate.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company believes that it is more likely than not that the results of future operations will generate sufficient taxable income to recognize the net deferred tax assets. These future operations are primarily dependent upon the Manager&#8217;s profitability, the timing and amounts of gains on peripheral land sales, the profitability of Taubman Asia's operations, and other factors affecting the results of operations of the taxable REIT subsidiaries. The valuation allowances relate to net operating loss carryforwards and tax basis differences where there is uncertainty regarding their realizability.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Noncontrolling Interests</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Redeemable Noncontrolling Interests</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Taubman Asia President</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In September 2016, the Company announced the appointment of Peter Sharp (Successor Asia President) as president of Taubman Asia, a consolidated subsidiary, succeeding Ren&#233; Tremblay (Former Asia President) effective January 1, 2017. The Former Asia President was employed by the Company in another capacity through September 30, 2017.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Former Asia President has an ownership interest in Taubman Asia. This interest entitles the Former Asia President to </font><font style="font-family:inherit;font-size:10pt;">5%</font><font style="font-family:inherit;font-size:10pt;"> of Taubman Asia's dividends, with </font><font style="font-family:inherit;font-size:10pt;">85%</font><font style="font-family:inherit;font-size:10pt;"> of his dividends relating to investment activities undergone prior to the Successor Asia President obtaining an ownership interest (see below) being withheld as contributions to capital. These withholdings will continue until he contributes and maintains his capital consistent with his percentage ownership interest, including all capital funded by the Operating Partnership for Taubman Asia's operating and investment activities subsequent to the Former Asia President obtaining his ownership interest. The Operating Partnership has a preferred investment in Taubman Asia to the extent the Former Asia President has not yet contributed capital commensurate with his ownership interest. This preferred investment accrues an annual preferential return equal to the Operating Partnership's average borrowing rate (with the preferred investment and accrued return together being referred to herein as the preferred interest). In addition, Taubman Asia has the ability to call, and the Former Asia President has the ability to put, the Former Asia President&#8217;s ownership interest upon Taubman Asia's properties reaching certain specified milestones. The redemption price for the ownership interest is the fair value of the ownership interest less the amount required to return the Operating Partnership's preferred interest. The Company has determined that the Former Asia President's ownership interest in Taubman Asia qualifies as an equity award, considering its specific redemption provisions, and accounts for it as a contingently redeemable noncontrolling interest. The Company presents as temporary equity at each balance sheet date an estimate of the redemption value of the ownership interest, therefore falling into level 3 of the fair value hierarchy. As of both </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the carrying amount of this redeemable equity was </font><font style="font-family:inherit;font-size:10pt;">$7.5 million</font><font style="font-family:inherit;font-size:10pt;">. Any adjustments to the redemption value are recorded through equity. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2016, the Company reacquired half of the Former Asia President&#8217;s previous </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in Taubman Asia for </font><font style="font-family:inherit;font-size:10pt;">$7.2 million</font><font style="font-family:inherit;font-size:10pt;">. The Former Asia President contributed </font><font style="font-family:inherit;font-size:10pt;">$2 million</font><font style="font-family:inherit;font-size:10pt;"> to Taubman Asia, which may be returned, in part or in whole, upon satisfaction of the re-evaluation of the full liquidation value of Taubman Asia as of April 2016; such re-evaluation will be performed at the Former Asia President's election on or after the third anniversary of the opening of specified Asia projects. The Former Asia President&#8217;s current </font><font style="font-family:inherit;font-size:10pt;">5%</font><font style="font-family:inherit;font-size:10pt;"> interest is puttable beginning in 2019 at the earliest and was classified as Redeemable Noncontrolling Interest on the Consolidated Balance Sheet.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Successor Asia President also has an ownership interest in Taubman Asia. This interest entitles the Successor Asia President to </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> of Taubman Asia's dividends for investment activities undergone by Taubman Asia subsequent to him obtaining his ownership interest, with all of his dividends being withheld as contributions to capital. These withholdings will continue until he contributes and maintains his capital consistent with his percentage ownership interest, including all capital funded by the Operating Partnership for Taubman Asia's operating and investment activities subsequent to the Successor Asia President obtaining his ownership interest. The Operating Partnership has a preferred investment in Taubman Asia to the extent the Successor Asia President has not yet contributed capital commensurate with his ownership interest. This preferred investment accrues an annual preferential return equal to the Operating Partnership's average borrowing rate (with the preferred investment and accrued return together being referred to herein as the preferred interest). In addition, Taubman Asia has the ability to call, and the Successor Asia President has the ability to put, the Successor Asia President&#8217;s ownership interest upon specified terminations of the Successor Asia President&#8217;s employment, although such put or call right may not be exercised for specified time periods after certain termination events. The redemption price for the ownership interest is </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> (increasing to </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> as early as January 2022) of the fair value of the ownership interest less the amount required to return the Operating Partnership's preferred interest. The Company has determined that the Successor Asia President's ownership interest in Taubman Asia qualifies as an equity award, considering its specific redemption provisions, and accounts for it as a contingently redeemable noncontrolling interest. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the carrying amount of this redeemable equity was </font><font style="font-family:inherit;font-size:10pt;">zero</font><font style="font-family:inherit;font-size:10pt;">. Any adjustments to the redemption value are recorded through equity.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">International Market Place</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company owns a </font><font style="font-family:inherit;font-size:10pt;">93.5%</font><font style="font-family:inherit;font-size:10pt;"> controlling interest in a joint venture that owns International Market Place in Waikiki, Honolulu, Hawaii, which opened in August 2016. The </font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;"> joint venture partner has no obligation and no right to contribute capital. The Company is entitled to a preferential return on its capital contributions. The Company has the right to purchase the joint venture partner's interest and the joint venture partner has the right to require the Company to purchase the joint venture partner's interest after the third anniversary of the opening of the center, and annually thereafter. The purchase price of the joint venture partner's interest will be based on fair value. Considering the redemption provisions, the Company accounts for the joint venture partner's interest as a contingently redeemable noncontrolling interest with a carrying value of </font><font style="font-family:inherit;font-size:10pt;">zero</font><font style="font-family:inherit;font-size:10pt;"> at both </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. Any adjustments to the redemption value are recorded through equity.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reconciliation of Redeemable Noncontrolling Interest</font></div><div style="line-height:120%;text-align:center;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.1796875%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance, January 1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,500</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,704</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Former Taubman Asia President vested redeemable equity</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">446</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Allocation of net loss</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(135</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(721</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Adjustments of redeemable noncontrolling interest</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">135</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">721</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Balance, September 30</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7,500</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,150</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Equity Balances of Non-redeemable Noncontrolling Interests</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The net equity balance of the non-redeemable noncontrolling interests as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> included the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.53125%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-redeemable noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling interests in consolidated joint ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(157,838</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(160,359</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling interests in partnership equity of TRG</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(40,163</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(11,909</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(198,001</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(172,268</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Net Income (Loss) Attributable to Noncontrolling Interests</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to the noncontrolling interests for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> included the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:84.375%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:65%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-redeemable noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of consolidated joint ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,589</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,524</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of TRG</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,298</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,781</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,822</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest:</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(294</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,756</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,528</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to the noncontrolling interests for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> included the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:94.7265625%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income (loss) attributable to noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Non-redeemable noncontrolling interests:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of consolidated joint ventures</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,523</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Noncontrolling share of income of TRG</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,393</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,302</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,916</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,302</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redeemable noncontrolling interest:</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(135</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(721</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">28,781</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,581</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Equity Transactions</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents the effects of changes in Taubman Centers, Inc.&#8217;s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.&#8217;s equity for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.4140625%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to Taubman Centers, Inc. common shareowners</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,873</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,016</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Transfers (to) from the noncontrolling interest:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Decrease) increase in Taubman Centers, Inc.&#8217;s paid-in capital for adjustments of noncontrolling interest </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(211</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(490</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net transfers (to) from noncontrolling interests</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(211</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(490</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,662</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34,526</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;text-indent:6px;font-size:6pt;"><font style="font-family:inherit;font-size:6pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">In 2018 and 2017, adjustments of the noncontrolling interest were made as a result of changes in the Company's ownership of the Operating Partnership in connection with the Company's share-based compensation under employee and director benefit plans (Note 8), issuances of common stock pursuant to the Continuing Offer (Note 9), and in connection with the accounting for the Former Asia President's redeemable ownership interest.</font></div></td></tr></table><div style="line-height:120%;padding-left:4px;text-align:justify;padding-left:48px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Finite Life Entities</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASC Topic 480, &#8220;Distinguishing Liabilities from Equity&#8221; establishes standards for classifying and measuring as liabilities certain financial instruments that embody obligations of the issuer and have characteristics of both liabilities and equity. At </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company held a controlling interest in a consolidated entity with a specified termination date in </font><font style="font-family:inherit;font-size:10pt;">2083</font><font style="font-family:inherit;font-size:10pt;">. The noncontrolling owners' interest in this entity is to be settled upon termination by distribution or transfer of either cash or specific assets of the underlying entity. The estimated fair value of this noncontrolling interest was approximately </font><font style="font-family:inherit;font-size:10pt;">$360 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, compared to a book value of </font><font style="font-family:inherit;font-size:10pt;">$(157.8) million</font><font style="font-family:inherit;font-size:10pt;"> that is classified in Noncontrolling Interests on the Company&#8217;s Consolidated Balance Sheet. The fair value of the noncontrolling interest was calculated as the noncontrolling interest's effective ownership share of the underlying property's fair value. The property's fair value was estimated by considering its in-place net operating income, current market capitalization rate, and mortgage debt outstanding.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU No. 2016-13, "Financial Instruments - Credit Losses", which introduces new guidance for an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. Instruments in scope include loans, held-to-maturity debt securities, and net investments in leases as well as reinsurance and trade receivables. ASU No. 2016-13 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2019. The Company is currently evaluating the impact that the adoption of the new standard will have on its consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU No. 2016-02, "Leases", which provides for significant changes to the current lease accounting standard. The primary objectives of this ASU is to address off-balance-sheet financing related to operating leases and to introduce a new lessee model that brings substantially all leases onto the balance sheet. ASU No. 2016-02 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2018. The Company expects to adopt the new standard on its effective date. The Company is currently evaluating the application of this ASU and its effect on the Company&#8217;s financial position and results of operations. From initial implementation efforts, the Company preliminarily expects the most significant impacts of adoption to include the need to expense certain internal leasing costs currently being capitalized, including costs associated with the Company's leasing and legal departments, and the recognition of lease obligations and right-of-use assets for ground and office leases under which the Company or its ventures are the lessee. The Company expects to add right-of-use assets and the corresponding liabilities to the Consolidated Balance Sheet between </font><font style="font-family:inherit;font-size:10pt;">5-10%</font><font style="font-family:inherit;font-size:10pt;"> of total assets as of the implementation date, depending on the ultimate selection of appropriate discount rates for the cash flow under the leases. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2018, the FASB issued ASU No. 2018-11, which includes a practical expedient that allows lessors to not separate non-lease components from the associated lease component. This provides the Company with the option of not bifurcating certain common area maintenance recoveries as a non-lease component, if certain requirements are met. The Company expects to elect this practical expedient. If the Company elects this practical expedient, the Company expects that beginning in 2019, minimum rents and expense recoveries will be presented as a single revenue line item in the Consolidated Statement of Operations and Comprehensive Income.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has not completed its budgeting for calendar 2019 and therefore does not yet have specific expectations for leasing costs to be expensed pursuant to ASU No. 2016-02. The actual amount of such costs will ultimately depend on personnel levels, compensation structure, and the results of leasing activities. However, as part of its implementation, the Company is analyzing the impact the standard would have had in prior periods if it had been applied. For the year ended December 31, 2017, the Company's share of capitalized leasing and tenant coordination costs was approximately </font><font style="font-family:inherit;font-size:10pt;">$11 million</font><font style="font-family:inherit;font-size:10pt;">. If the accounting under ASU No. 2016-02 had been applied, the Company expects that it would have continued to capitalize approximately </font><font style="font-family:inherit;font-size:10pt;">$5 million</font><font style="font-family:inherit;font-size:10pt;"> of leasing and tenant coordination costs and additionally expensed approximately </font><font style="font-family:inherit;font-size:10pt;">$6 million</font><font style="font-family:inherit;font-size:10pt;"> in leasing costs.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Interim Financial Statements</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">General</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Taubman Centers, Inc. (the Company or TCO) is a Michigan corporation that operates as a self-administered and self-managed real estate investment trust (REIT). The Taubman Realty Group Limited Partnership (the Operating Partnership or TRG) is a majority-owned partnership subsidiary of TCO that owns direct or indirect interests in all of the Company&#8217;s real estate properties. In this report, the term &#8220;Company" refers to TCO, the Operating Partnership, and/or the Operating Partnership's subsidiaries as the context may require. The Company engages in the ownership, management, leasing, acquisition, disposition, development, and expansion of retail shopping centers and interests therein. The Company&#8217;s owned portfolio as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> included </font><font style="font-family:inherit;font-size:10pt;">23</font><font style="font-family:inherit;font-size:10pt;"> urban and suburban shopping centers operating in </font><font style="font-family:inherit;font-size:10pt;">11</font><font style="font-family:inherit;font-size:10pt;"> U.S. states, Puerto Rico, South Korea, and China. Taubman Properties Asia LLC and its subsidiaries (Taubman Asia), which is the platform for the Company&#8217;s operations in China and South Korea, as well as any developments in Asia, is headquartered in Hong Kong. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2018, the Company closed on a redevelopment agreement for Taubman Prestige Outlets Chesterfield. As of May 1, 2018, all operations at the center, as well as the building and improvements, were transferred to The Staenberg Group (&#8220;TSG&#8221;), and TSG leases the land from the Company through a long-term, participating ground lease. Both the Company and TSG have the ability to terminate the ground lease in the event that a redevelopment has not begun within </font><font style="font-family:inherit;font-size:10pt;">five years</font><font style="font-family:inherit;font-size:10pt;">, with the buildings and improvements reverting to the Company upon such a termination. The Company will defer recognition of a sale of the building and improvements and maintain the property on its Consolidated Balance Sheet until the foregoing termination right is no longer available to the parties, with this right ceasing upon TSG commencing a redevelopment. The shopping center has been excluded from the Company's owned shopping center portfolio disclosure above.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The unaudited interim financial statements should be read in conjunction with the audited financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the financial statements for the interim periods have been made. The results of interim periods are not necessarily indicative of the results for a full year.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dollar amounts presented in tables within the notes to the financial statements are stated in thousands, except share data or as otherwise noted. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Consolidation</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consolidated financial statements of the Company include all accounts of the Company, the Operating Partnership, and its consolidated subsidiaries, including The Taubman Company LLC (the Manager) and Taubman Asia. All intercompany transactions have been eliminated. The entities included in these consolidated financial statements are separate legal entities and maintain records and books of account separate from any other entity. However, inclusion of these separate entities in the consolidated financial statements does not mean that the assets and credit of each of these legal entities are available to satisfy the debts or other obligations of any other such legal entity included in the consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In determining the method of accounting for partially owned joint ventures, the Company evaluates the characteristics of associated entities and determines whether an entity is a variable interest entity (VIE), and, if so, determines whether the Company is the primary beneficiary by analyzing whether the Company has both the power to direct the entity's significant economic activities and the obligation to absorb potentially significant losses or receive potentially significant benefits. Significant judgments and assumptions inherent in this analysis include the nature of the entity's operations, the entity's financing and capital structure, and contractual relationship and terms, including consideration of governance and decision making rights. The Company consolidates a VIE when it has determined that it is the primary beneficiary. All of the Company&#8217;s consolidated joint ventures, including the Operating Partnership, meet the definition and criteria as VIEs, as either the Company or an affiliate of the Company is the primary beneficiary of each VIE.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s sole significant asset is its investment in the Operating Partnership and, consequently, substantially all of the Company&#8217;s consolidated assets and liabilities are assets and liabilities of the Operating Partnership. All of the Company&#8217;s debt (Note 5) is an obligation of the Operating Partnership or its consolidated subsidiaries. Note 5 also provides disclosure of guarantees provided by the Operating Partnership to certain consolidated joint ventures. Note 6 provides additional disclosures of the carrying balance of the noncontrolling interests in its consolidated joint ventures and other information, including a description of certain rights of the noncontrolling owners.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investments in entities not controlled but over which the Company may exercise significant influence (Unconsolidated Joint Ventures or UJVs) are accounted for under the equity method. The Company has evaluated its investments in the Unconsolidated Joint Ventures under guidance for determining whether an entity is a VIE and has concluded that the ventures are not VIEs. Accordingly, the Company accounts for its interests in these entities under general accounting standards for investments in real estate ventures (including guidance for determining effective control of a limited partnership or similar entity). The Company&#8217;s partners or other owners in these Unconsolidated Joint Ventures have substantive participating rights including approval rights over annual operating budgets, capital spending, financing, admission of new partners/members, or sale of the properties and the Company has concluded that the equity method of accounting is appropriate for these interests. Specifically, the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;">79%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">50.1%</font><font style="font-family:inherit;font-size:10pt;"> investments in Westfarms and International Plaza, respectively, are through general partnerships in which the other general partners have participating rights over annual operating budgets, capital spending, refinancing, or sale of the property. The Company provides its beneficial interest in certain financial information of its Unconsolidated Joint Ventures (Notes 4 and 5). This beneficial information is derived as the Company's ownership interest in the investee multiplied by the specific financial statement item being presented. Investors are cautioned that deriving the Company's beneficial interest in this manner may not accurately depict the legal and economic implications of holding a noncontrolling interest in the investee.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Ownership</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition to common stock, there were </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> classes of preferred stock outstanding (Series B, J, and K) as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">. Dividends on the </font><font style="font-family:inherit;font-size:10pt;">6.5%</font><font style="font-family:inherit;font-size:10pt;"> Series J Cumulative Redeemable Preferred Stock (Series J Preferred Stock) and the </font><font style="font-family:inherit;font-size:10pt;">6.25%</font><font style="font-family:inherit;font-size:10pt;"> Series K Cumulative Redeemable Preferred Stock (Series K Preferred Stock) are cumulative and are paid on the last business day of each calendar quarter. The Company owns corresponding Series J and Series K Preferred Equity interests in the Operating Partnership that entitle the Company to income and distributions (in the form of guaranteed payments) in amounts equal to the dividends payable on the Company&#8217;s Series J and Series K Preferred Stock.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company also is obligated to issue to partners in the Operating Partnership other than the Company, upon subscription, </font><font style="font-family:inherit;font-size:10pt;">one share of nonparticipating Series B Preferred Stock per each unit of limited partnership in TRG (TRG Unit)</font><font style="font-family:inherit;font-size:10pt;">. The Series B Preferred Stock entitles its holders to </font><font style="font-family:inherit;font-size:10pt;">one vote per share</font><font style="font-family:inherit;font-size:10pt;"> on all matters submitted to the Company&#8217;s shareowners and votes together with the common stock on such matters as a single class. The holders of Series B Preferred Stock are not entitled to dividends or earnings. The Series B Preferred Stock is convertible into common stock at a </font><font style="font-family:inherit;font-size:10pt;">ratio of 14,000 shares of Series B Preferred Stock for one share of common stock</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding voting securities of the Company at </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> consisted of </font><font style="font-family:inherit;font-size:10pt;">24,918,773</font><font style="font-family:inherit;font-size:10pt;"> shares of Series B Preferred Stock and </font><font style="font-family:inherit;font-size:10pt;">61,012,282</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">The Operating Partnership</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Operating Partnership&#8217;s equity included </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> classes of preferred equity (Series J and K) and the net equity of the TRG unitholders. Net income and distributions of the Operating Partnership are allocable first to the preferred equity interests, and the remaining amounts to the general and limited partners in the Operating Partnership in accordance with their percentage ownership. The Series J and Series K Preferred Equity are owned by the Company and are eliminated in consolidation. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's ownership in the Operating Partnership at </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> consisted of a </font><font style="font-family:inherit;font-size:10pt;">71%</font><font style="font-family:inherit;font-size:10pt;"> managing general partnership interest, as well as the Series J and Series K Preferred Equity interests. The Company's average ownership percentage in the Operating Partnership for both the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">71%</font><font style="font-family:inherit;font-size:10pt;">. At </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Operating Partnership had </font><font style="font-family:inherit;font-size:10pt;">85,945,815</font><font style="font-family:inherit;font-size:10pt;"> TRG Units outstanding, of which the Company owned </font><font style="font-family:inherit;font-size:10pt;">61,012,282</font><font style="font-family:inherit;font-size:10pt;"> TRG Units. Disclosures about TRG Units outstanding exclude TRG Profits Units granted or other share-based grants for which TRG Units may eventually be issued (Note 8).</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Restructuring Charge</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has been undergoing a restructuring to reduce its workforce and reorganize various areas of the organization in response to the completion of another major development cycle and the current near-term challenges facing the U.S. mall industry. During the nine months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company recorded a change in estimate to previously recognized charges resulting in a reversal of expense of </font><font style="font-family:inherit;font-size:10pt;">$0.4 million</font><font style="font-family:inherit;font-size:10pt;">. There was no adjustment recorded to the restructuring charge during the three months ended September 30, 2018. During the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company incurred </font><font style="font-family:inherit;font-size:10pt;">$1.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$4.1 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of expenses related to the restructuring. These expenses and adjustments thereto have been separately classified as Restructuring Charge on the Consolidated Statement of Operations and Comprehensive Income. As of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> of the restructuring costs recognized during 2017 and 2018 were unpaid and remained accrued.&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Costs Associated with Shareowner Activism</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company incurred&#160;</font><font style="font-family:inherit;font-size:10pt;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;">&#160;and </font><font style="font-family:inherit;font-size:10pt;">$10.0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of expense associated with activities related to shareowner activism, largely legal and advisory services. During the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company incurred </font><font style="font-family:inherit;font-size:10pt;">$3.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$12.0 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, of expense associated with shareowner activism. Also included in the activism costs is a retention program for certain employees. Given the uncertainties associated with shareowner activism and to ensure the retention of top talent in key positions within the Company, certain key employees were provided certain incentive benefits in the form of cash and/or equity retention awards. The Company and the Board of Directors believe these benefits are instrumental in ensuring the continued success of the Company during the retention period. Due to the unusual and infrequent nature of these expenses in the Company's history, they have been separately classified as Costs Associated with Shareowner Activism on the Company's Consolidated Statement of Operations and Comprehensive Income. Unvested incentive benefits under the retention awards as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were </font><font style="font-family:inherit;font-size:10pt;">$1.9 million</font><font style="font-family:inherit;font-size:10pt;">, which will be recognized as service is rendered through December 31, 2019. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Management&#8217;s Responsibility to Evaluate the Company&#8217;s Ability to Continue as a Going Concern</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">When preparing financial statements for each annual and interim reporting period, management has the responsibility to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued. No such conditions or events were identified as of the issuance date of the financial statements contained in this Quarterly Report on Form 10-Q.</font><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Change in Accounting Policies</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recognition and Measurement of Financial Assets and Financial Liabilities</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities", which changed certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. As such, the Company now measures equity investments at fair value through net income, except for those that result in consolidation or are accounted for under the equity method. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjustment to reclassify </font><font style="font-family:inherit;font-size:10pt;">$1.0 million</font><font style="font-family:inherit;font-size:10pt;"> of historical unrealized gains on the fair value adjustments as of December 31, 2017 of its investment in Simon Property Group (SPG) common shares from Accumulated Other Comprehensive Income (Loss) (AOCI) to Dividends in Excess of Net Income on the Company's Consolidated Balance Sheet. Beginning in January 2018, changes in the fair value of any outstanding SPG common shares are being recorded in Nonoperating Income, Net on the Company's Consolidated Statement of Operations and Comprehensive Income (Note 11).</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Cash Flow Statement Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows. As a result, the Company changed the presentation of its Consolidated Statement of Cash Flows for both the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> to include restricted cash. Refer to Note 13 for a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU, the Company revisited its accounting policies and presentation in regards to cash, deposits, and other investments subject to restrictions. In doing so, the Company reclassified </font><font style="font-family:inherit;font-size:10pt;">$119.2 million</font><font style="font-family:inherit;font-size:10pt;"> from Deferred Charges and Other Assets to Restricted Cash on the Consolidated Balance Sheet as of December 31, 2017, to conform to current year classifications.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU No. 2016-15, "Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments", which clarified the presentation of certain cash receipts and payments, including the classification of distributions received from equity method investees, on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU on January 1, 2018, the Company re-evaluated its current methodology and retrospectively changed the presentation of the Consolidated Statement of Cash Flows for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> to re-classify prior year balances to correspond with current year classifications, specifically related to distributions received from equity method investees.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Adoption of Accounting Standards Codification (ASC) Topic 606 ("Revenue from Contracts with Customers")</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">General</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers. ASC Topic 606 provides a single comprehensive model to use in accounting for revenue arising from contracts with customers, and gains and losses arising from transfers of non-financial assets including sales of property and equipment, real estate, and intangible assets. The Company adopted ASC Topic 606 for all applicable contracts using the modified retrospective method, which would have required a cumulative-effect adjustment, if any, as of the date of adoption. The adoption of ASC Topic 606 did not have a material impact on the Company's consolidated financial statements as of the date of adoption, and therefore a cumulative-effect adjustment was not required. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company applied ASC Topic 606 using certain practical expedients. As a result of this election, the Company will not disclose the aggregate amount of the transaction price for unsatisfied, or partially unsatisfied, performance obligations for all contracts with an original expected length of one year or less and management contracts for which the Company recognizes revenue based on its right to invoice for management, leasing, and development services performed. Refer to the "Nature of Services and Performance Obligations" section for further discussion of these services.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disaggregation of Revenue</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company&#8217;s disaggregation of consolidated revenues for this purpose.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:665px;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:310px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expense recoveries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,096</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,960</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,177</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,385</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping center and other operational revenues </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,948</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,452</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management, leasing, and development services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,147</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,480</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,439</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue from contracts with customers</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,259</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">64,055</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">190,597</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">187,276</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Nature of Services and Performance Obligations</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expense recoveries revenue represents reimbursements from mall tenants for (1) services performed by the Company to the benefit of all mall tenants and the property as a whole for common area maintenance, (2) insurance, property taxes, and utilities, and (3) promotion and other miscellaneous charges. As these expense recoveries are provided for under tenant lease agreements, these revenues will not be evaluated under ASC Topic 606 until the Company's adoption of ASU No. 2016-02, Leases, which will be adopted as of January 1, 2019. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping center and other operational revenues represent a collection of non-core revenue streams that are generated through the course of owning and operating a shopping center, including sponsorship, parking, and storage income, as well as revenues from food and beverage operations. The contracts for these revenue streams are predominately short-term in nature and individually do not contain more than one performance obligation. The Company satisfies its performance obligations related to shopping center and other operational revenues either over time or at a point in time, depending on the specific nature of the revenue generating activity. For performance obligations that are satisfied at a point in time, including food and beverage and parking income, the control of the good or service is immediately transferred to the customer upon completion of the performance obligation. Payment terms related to shopping center and other operational revenues vary depending on the nature of the agreement, however, payment is generally due directly upon the satisfaction of the related performance obligation.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management, leasing, and development services revenue represents income from various services performed by the Company for its third party customers, as provided for under management agreements. These services typically generate fees that are based on operating results of the shopping centers, the execution and opening of mall tenants, and/or the successful completion of other agreed-upon services. As each management agreement provides for a variety of services, significant judgment is required to identify multiple performance obligations. The standalone selling price of each performance obligation is determined based on the terms of the management agreement and the specific services being rendered. Each performance obligation is considered to be satisfied over time as services are rendered. The related revenue is recognized upon billing, as the amounts invoiced generally correspond directly with the value the customer is receiving from the services. Customers are invoiced on quarterly basis and payment is generally due within </font><font style="font-family:inherit;font-size:10pt;">30 days</font><font style="font-family:inherit;font-size:10pt;"> of each calendar quarter.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Information about Contract Balances and Unsatisfied Performance Obligations</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contract assets exist when the Company has a right to payment for services rendered that remains conditional on factors other than the passage of time. Similarly, contract liabilities are incurred when customers prepay for services to be rendered. Certain revenue streams within shopping center and other operational revenues may give rise to contract assets and liabilities. However, these revenue streams are generally short-term in nature and the difference between revenue recognition and cash collection, although variable, does not differ significantly from period to period. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had an inconsequential amount of contract assets and liabilities.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The aggregate amount of the transaction price allocated to the Company's performance obligations that were unsatisfied, or partially unsatisfied, as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were inconsequential.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents reclassifications out of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:674px;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:245px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:185px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:214px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Details about AOCI Components</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Affected line item on the Consolidated Statement of Operations and Comprehensive Income</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Losses (gain) on interest rate instruments and other:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized gain on interest rate contracts - consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(205</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Interest Expense</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on interest rate contracts - UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">287</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized gain on cross-currency interest rate contract - UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(781</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total reclassifications for the period</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table presents reclassifications out of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:674px;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:245px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:185px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:214px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Details about AOCI Components</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Affected line item on the Consolidated Statement of Operations and Comprehensive Income</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Losses on interest rate instruments and other:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on interest rate contracts - consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,409</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Interest Expense</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on interest rate contracts - UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Realized loss on cross-currency interest rate contract - UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">982</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Equity in Income of UJVs</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total reclassifications for the period</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,311</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Adoption of Accounting Standards Codification (ASC) Topic 606 ("Revenue from Contracts with Customers")</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">General</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers. ASC Topic 606 provides a single comprehensive model to use in accounting for revenue arising from contracts with customers, and gains and losses arising from transfers of non-financial assets including sales of property and equipment, real estate, and intangible assets. The Company adopted ASC Topic 606 for all applicable contracts using the modified retrospective method, which would have required a cumulative-effect adjustment, if any, as of the date of adoption. The adoption of ASC Topic 606 did not have a material impact on the Company's consolidated financial statements as of the date of adoption, and therefore a cumulative-effect adjustment was not required. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company applied ASC Topic 606 using certain practical expedients. As a result of this election, the Company will not disclose the aggregate amount of the transaction price for unsatisfied, or partially unsatisfied, performance obligations for all contracts with an original expected length of one year or less and management contracts for which the Company recognizes revenue based on its right to invoice for management, leasing, and development services performed. Refer to the "Nature of Services and Performance Obligations" section for further discussion of these services.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Disaggregation of Revenue</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company&#8217;s disaggregation of consolidated revenues for this purpose.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:665px;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:310px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:9px;" rowspan="1" colspan="1"></td><td style="width:67px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expense recoveries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,096</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">51,960</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,177</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">154,385</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping center and other operational revenues </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,948</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,940</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">29,452</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management, leasing, and development services</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">860</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,147</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,480</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,439</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total revenue from contracts with customers</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">65,259</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">64,055</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">190,597</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">187,276</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Nature of Services and Performance Obligations</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Expense recoveries revenue represents reimbursements from mall tenants for (1) services performed by the Company to the benefit of all mall tenants and the property as a whole for common area maintenance, (2) insurance, property taxes, and utilities, and (3) promotion and other miscellaneous charges. As these expense recoveries are provided for under tenant lease agreements, these revenues will not be evaluated under ASC Topic 606 until the Company's adoption of ASU No. 2016-02, Leases, which will be adopted as of January 1, 2019. </font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shopping center and other operational revenues represent a collection of non-core revenue streams that are generated through the course of owning and operating a shopping center, including sponsorship, parking, and storage income, as well as revenues from food and beverage operations. The contracts for these revenue streams are predominately short-term in nature and individually do not contain more than one performance obligation. The Company satisfies its performance obligations related to shopping center and other operational revenues either over time or at a point in time, depending on the specific nature of the revenue generating activity. For performance obligations that are satisfied at a point in time, including food and beverage and parking income, the control of the good or service is immediately transferred to the customer upon completion of the performance obligation. Payment terms related to shopping center and other operational revenues vary depending on the nature of the agreement, however, payment is generally due directly upon the satisfaction of the related performance obligation.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management, leasing, and development services revenue represents income from various services performed by the Company for its third party customers, as provided for under management agreements. These services typically generate fees that are based on operating results of the shopping centers, the execution and opening of mall tenants, and/or the successful completion of other agreed-upon services. As each management agreement provides for a variety of services, significant judgment is required to identify multiple performance obligations. The standalone selling price of each performance obligation is determined based on the terms of the management agreement and the specific services being rendered. Each performance obligation is considered to be satisfied over time as services are rendered. The related revenue is recognized upon billing, as the amounts invoiced generally correspond directly with the value the customer is receiving from the services. Customers are invoiced on quarterly basis and payment is generally due within </font><font style="font-family:inherit;font-size:10pt;">30 days</font><font style="font-family:inherit;font-size:10pt;"> of each calendar quarter.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Information about Contract Balances and Unsatisfied Performance Obligations</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Contract assets exist when the Company has a right to payment for services rendered that remains conditional on factors other than the passage of time. Similarly, contract liabilities are incurred when customers prepay for services to be rendered. Certain revenue streams within shopping center and other operational revenues may give rise to contract assets and liabilities. However, these revenue streams are generally short-term in nature and the difference between revenue recognition and cash collection, although variable, does not differ significantly from period to period. As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had an inconsequential amount of contract assets and liabilities.</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The aggregate amount of the transaction price allocated to the Company's performance obligations that were unsatisfied, or partially unsatisfied, as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were inconsequential.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the balance of each component of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:674px;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:174px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:90px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:51px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:90px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:51px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Taubman Centers, Inc. AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Noncontrolling Interests AOCI</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">January 1, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">384</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(7,303</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,919</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">159</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,220</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">9,379</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other comprehensive income (loss) before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,777</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,081</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(7,696</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,447</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,303</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,144</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(496</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(496</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(203</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(203</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net current period other comprehensive income (loss)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,777</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,585</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(8,192</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,447</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,100</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,347</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(678</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(277</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustments due to changes in ownership</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">September&#160;30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,392</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(371</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(15,763</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,289</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,729</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in the balance of each component of AOCI for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2017</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:center;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:672px;border-collapse:collapse;text-align:left;"><tr><td colspan="24" rowspan="1"></td></tr><tr><td style="width:176px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:90px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:53px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:8px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:59px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:89px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:6px;" rowspan="1" colspan="1"></td><td style="width:49px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Taubman Centers, Inc. AOCI</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Noncontrolling Interests AOCI</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cumulative translation adjustment</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Unrealized gains (losses) on interest rate instruments and other</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">January 1, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(23,147</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(12,769</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(35,916</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:12px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(9,613</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7,065</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,548</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other comprehensive income (loss) before reclassifications</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,839</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(5,721</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">8,118</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,689</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,351</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,338</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Amounts reclassified from AOCI</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,763</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,763</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,548</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,548</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net current period other comprehensive income (loss)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">13,839</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,958</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">11,881</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">5,689</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(803</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,886</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustments due to changes in ownership</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:12px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">16</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">September&#160;30, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(9,377</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(14,674</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(24,051</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:12px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3,855</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">6,209</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,354</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The table below presents the potential common stock excluded from the calculation of diluted earnings per common share as they were anti-dilutive in the period presented.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:672px;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:326px;" rowspan="1" colspan="1"></td><td style="width:78px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:10px;" rowspan="1" colspan="1"></td><td style="width:78px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:75px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td><td style="width:5px;" rowspan="1" colspan="1"></td><td style="width:75px;" rowspan="1" colspan="1"></td><td style="width:4px;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted average noncontrolling TRG Units outstanding</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,115,235</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,164,979</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,134,110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,082,322</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unissued TRG Units under unit option deferral elections</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">871,262</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reconciliation of Cash, Cash Equivalents, and Restricted Cash</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows (Note 1). The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts shown on the Consolidated Statement of Cash Flows.</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:71%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">38,037</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">42,499</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Restricted cash</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95,254</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">121,905</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">133,291</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">164,404</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s income tax expense (benefit) for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> consisted of the following:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:86.5234375%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:55%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal current</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(433</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">253</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(373</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,103</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal deferred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(711</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(204</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,059</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">823</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign current</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">370</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">857</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">712</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign deferred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(176</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(74</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(136</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State current</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(113</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(202</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(110</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(61</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State deferred</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">13</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">140</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total income tax expense (benefit)</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(996</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(784</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">375</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets and liabilities as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> were as follows:</font></div><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:71.875%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:58%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:4%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Federal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,665</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,816</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,788</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,037</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">545</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,518</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,836</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Valuation allowances</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,291</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,620</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net deferred tax assets</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,227</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,216</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred tax liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Foreign</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,863</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,517</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total deferred tax liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,863</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,517</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:120px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:96px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">During 2018, a </font><font style="font-family:inherit;font-size:8pt;">$4.1 million</font><font style="font-family:inherit;font-size:8pt;"> deferred tax asset was recognized for the Federal investment tax credit generated from solar equipment placed in service. A corresponding reduction in properties assets was recorded to reflect the deferral method of accounting for tax credits.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives in cash flow hedging relationships:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">756</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">472</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest Expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">506</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(533</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; UJVs</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">235</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">454</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(523</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross-currency interest rate contract &#8211; UJV</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">92</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(13</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(36</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total derivatives in cash flow hedging relationships</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,083</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">913</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">469</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,034</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="18" rowspan="1"></td></tr><tr><td style="width:36%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives in cash flow hedging relationships:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,674</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(257</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest Expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">205</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,409</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; UJVs</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,101</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,693</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(287</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,920</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross-currency interest rate contract &#8211; UJV</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(90</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(32</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Equity in Income of UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">781</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(982</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total derivatives in cash flow hedging relationships</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,685</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,404</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(5,311</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company records all derivative instruments at fair value on the Consolidated Balance Sheet. The following table presents the location and fair value of the Company&#8217;s derivative financial instruments as reported on the Consolidated Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:38%;" rowspan="1" colspan="1"></td><td style="width:34%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Balance Sheet Location</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, <br clear="none"/>2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, <br clear="none"/>2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivatives designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asset derivatives:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiaries</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred Charges and Other Assets</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,128</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contract - UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,504</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">760</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets designated as hedging instruments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">11,632</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,699</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Liability derivatives:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; consolidated subsidiary</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts Payable and Accrued Liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(484</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest rate contracts &#8211; UJV</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in UJVs</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(357</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cross-currency interest rate contract &#8211; UJV</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment in UJVs</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(940</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,630</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities designated as hedging instruments</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(940</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,471</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:10pt;">, the Company had the following outstanding derivatives that were designated and are expected to be effective as cash flow hedges of the interest payments and/or the currency exchange rate on the associated debt.</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="19" rowspan="1"></td></tr><tr><td style="width:23%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:15%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Instrument Type</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ownership</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Notional Amount</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Swap Rate</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Credit Spread on Loan</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total Swapped Rate on Loan</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Maturity Date</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Consolidated Subsidiaries:</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">200,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.64</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.54</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">175,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.65</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.70</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.35</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.64</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90% / 1.70%</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.54% / 3.34%</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2019</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.14</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4.04</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">February 2022</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,000</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2.09</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.40</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.49</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">March 2024</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unconsolidated Joint Ventures:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) /pay-fixed swap</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#160;(4)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">50.1</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">163,072</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.83</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.75</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.58</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 2021</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Receive variable (LIBOR) USD/pay-fixed Korean Won (KRW) cross-currency interest rate swap </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">34.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52,065 USD / 60,500,000 KRW</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.52</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1.60</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3.12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September 2020</font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The hedged forecasted transaction for each of these swaps is the first previously unhedged </font><font style="font-family:inherit;font-size:8pt;">one-month LIBOR</font><font style="font-family:inherit;font-size:8pt;">-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan and $</font><font style="font-family:inherit;font-size:8pt;">225 million</font><font style="font-family:inherit;font-size:8pt;"> on the $</font><font style="font-family:inherit;font-size:8pt;">1.1 billion</font><font style="font-family:inherit;font-size:8pt;"> primary unsecured revolving line of credit. The credit spreads on these loans can vary within a range of </font><font style="font-family:inherit;font-size:8pt;">1.25%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">1.90%</font><font style="font-family:inherit;font-size:8pt;"> on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan and </font><font style="font-family:inherit;font-size:8pt;">1.15%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">1.70%</font><font style="font-family:inherit;font-size:8pt;"> on the primary unsecured revolving line of credit, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of </font><font style="font-family:inherit;font-size:8pt;">2.89%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">3.54%</font><font style="font-family:inherit;font-size:8pt;"> on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan and </font><font style="font-family:inherit;font-size:8pt;">2.80%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">3.35%</font><font style="font-family:inherit;font-size:8pt;"> on $</font><font style="font-family:inherit;font-size:8pt;">225 million</font><font style="font-family:inherit;font-size:8pt;"> of the $</font><font style="font-family:inherit;font-size:8pt;">1.1 billion</font><font style="font-family:inherit;font-size:8pt;"> primary unsecured revolving line of credit during the remaining swap period. In October 2018, the Company entered into forward starting swaps on the $</font><font style="font-family:inherit;font-size:8pt;">250 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan (see "Note 5 - Beneficial Interest in Debt and Interest Expense - 2018 Financings").</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The hedged forecasted transaction for each of these swaps is the first previously unhedged </font><font style="font-family:inherit;font-size:8pt;">one-month LIBOR</font><font style="font-family:inherit;font-size:8pt;">-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on its </font><font style="font-family:inherit;font-size:8pt;">$300 million</font><font style="font-family:inherit;font-size:8pt;"> unsecured term loan. The credit spread on this loan can vary within a range of </font><font style="font-family:inherit;font-size:8pt;">1.25%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">1.90%</font><font style="font-family:inherit;font-size:8pt;">, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of </font><font style="font-family:inherit;font-size:8pt;">3.39%</font><font style="font-family:inherit;font-size:8pt;"> to </font><font style="font-family:inherit;font-size:8pt;">4.04%</font><font style="font-family:inherit;font-size:8pt;"> during the swap period.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on the U.S. headquarters building.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on International Plaza.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(5)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The notional amount on this swap is equal to the outstanding principal balance of the U.S. dollar construction loan for Starfield Hanam. There is a cross-currency interest rate swap to fix the interest rate on the loan and swap the related principal and interest payments from U.S. dollars to KRW in order to reduce the impact of fluctuations in interest rates and exchange rates on the cash flows of the joint venture. The currency swap exchange rate is </font><font style="font-family:inherit;font-size:8pt;">1,162.0</font><font style="font-family:inherit;font-size:8pt;">. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:4px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:47%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:2%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Three Months Ended September 30</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Nine Months Ended September 30</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Basic</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">20,976</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,363</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,873</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,016</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Impact of additional ownership of TRG </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">31</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">74</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,007</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,370</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">54,950</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">35,090</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares (Denominator) &#8211; basic</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,001,357</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,710,184</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,970,572</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,654,026</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effect of dilutive securities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">294,710</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">288,967</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">274,729</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">364,829</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares (Denominator) &#8211; diluted</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,296,067</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">60,999,151</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,245,301</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">61,018,855</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:3px double #000000;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per common share &#8211; basic</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.34</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.90</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.58</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Earnings per common share &#8211; diluted</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.34</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.07</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.90</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.58</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td style="width:44%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements as of September 30, 2018 Using</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Fair Value Measurements as of</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2017 Using</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Description</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs<br clear="none"/>(Level 2)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Quoted Prices in Active Markets for Identical Assets<br clear="none"/>(Level 1)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant Other Observable Inputs<br clear="none"/>(Level 2)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">SPG common shares </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">77,792</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101,348</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Insurance deposit</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,077</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,703</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative interest rate contracts (Note 7)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,128</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">939</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">87,869</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,128</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">118,051</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">939</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative interest rate contracts (Note 7)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(484</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total liabilities</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(484</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.6875%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:24%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of TSR PSU</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,850</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">107.38</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(37,046</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><sub style="vertical-align:bottom;line-height:120%;font-size:5pt">(1)</sub>&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">110.19</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10,393</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">78.82</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">14,197</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">79.13</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:120%;padding-left:4px;text-align:justify;text-indent:612px;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">&#160;&#160;&#160;&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:102px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:78px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on the Company's market performance relative to that of a peer group, the actual number of shares of common stock issued upon vesting during the </font><font style="font-family:inherit;font-size:8pt;">nine months ended</font><font style="font-family:inherit;font-size:8pt;"> </font><font style="font-family:inherit;font-size:8pt;">September&#160;30, 2018</font><font style="font-family:inherit;font-size:8pt;"> was </font><font style="font-family:inherit;font-size:8pt;">45,941</font><font style="font-family:inherit;font-size:8pt;"> shares (</font><font style="font-family:inherit;font-size:8pt;">1.24</font><font style="font-family:inherit;font-size:8pt;">x) for the TSR PSU. That is, despite the completion of the applicable employee service requirements, the number of shares ultimately considered earned is determined by the extent to which the TSR market performance measure was achieved during the performance period. </font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:79.8828125%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Number of RSU</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Weighted Average Grant-Date Fair Value</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Outstanding at January 1, 2018 </font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">195,021</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">69.22</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(73,294</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">73.91</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Granted</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">69,931</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">58.28</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Forfeited</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(4,817</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">62.18</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;background-color:#cceeff;">Outstanding at September 30, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">186,841</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">63.46</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:102px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:78px;"><font style="font-family:inherit;font-size:8pt;">(1) </font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">The beginning balance outstanding and associated grant-date fair value were adjusted immaterially from previously reported amounts to reflect the actual number of RSU outstanding as of January 1, 2018.</font></div></td></tr></table></div> EX-101.SCH 8 tco-20180930.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2115100 - Disclosure - Accumulated Other Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 2415402 - Disclosure - Accumulated Other Comprehensive Income (Details) link:presentationLink link:calculationLink link:definitionLink 2315301 - Disclosure - Accumulated Other Comprehensive Income (Tables) link:presentationLink link:calculationLink link:definitionLink 2106100 - Disclosure - Beneficial Interest in Debt and Interest Expense link:presentationLink link:calculationLink link:definitionLink 2406404 - Disclosure - Beneficial Interest in Debt and Interest Expense (Debt Covenants and Guarantees) (Details) link:presentationLink link:calculationLink link:definitionLink 2406402 - Disclosure - Beneficial Interest in Debt and Interest Expense (Details) link:presentationLink link:calculationLink link:definitionLink 2406403 - Disclosure - Beneficial Interest in Debt and Interest Expense (Specific Debt Instrument Detail) (Details) link:presentationLink link:calculationLink link:definitionLink 2306301 - Disclosure - Beneficial Interest in Debt and Interest Expense (Tables) link:presentationLink link:calculationLink link:definitionLink 2117100 - Disclosure - Cash Flow Disclosures and Non-Cash Investing and Financing Activities link:presentationLink link:calculationLink link:definitionLink 2417402 - Disclosure - Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Details) link:presentationLink link:calculationLink link:definitionLink 2317301 - Disclosure - Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Tables) link:presentationLink link:calculationLink link:definitionLink 2111100 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 2411401 - Disclosure - Commitments and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 1001000 - Statement - CONSOLIDATED BALANCE SHEET link:presentationLink link:calculationLink link:definitionLink 1001501 - Statement - CONSOLIDATED BALANCE SHEET (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1005000 - Statement - CONSOLIDATED STATEMENT OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 1004000 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY link:presentationLink link:calculationLink link:definitionLink 1003000 - Statement - CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 2109100 - Disclosure - Derivative and Hedging Activities link:presentationLink link:calculationLink link:definitionLink 2409403 - Disclosure - Derivative and Hedging Activities (Effect of Derivative Instruments on the Consolidated Statement of Operations and Comprehensive Income) (Details) link:presentationLink link:calculationLink link:definitionLink 2409402 - Disclosure - Derivative and Hedging Activities (Interest Rate Derivatives) (Details) link:presentationLink link:calculationLink link:definitionLink 2409404 - Disclosure - Derivative and Hedging Activities (Location and Fair Value of Derivative Instruments as Reported in the Consoiidated Balance Sheet) (Details) link:presentationLink link:calculationLink link:definitionLink 2309301 - Disclosure - Derivative and Hedging Activities (Tables) link:presentationLink link:calculationLink link:definitionLink 2103100 - Disclosure - Disposition, Redevelopments, and Developments link:presentationLink link:calculationLink link:definitionLink 2403401 - Disclosure - Disposition, Redevelopments, and Developments (Details) link:presentationLink link:calculationLink link:definitionLink 0001000 - Document - Document and Entity Information Document link:presentationLink link:calculationLink link:definitionLink 2113100 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 2413403 - Disclosure - Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 2213201 - Disclosure - Earnings Per Share (Policies) link:presentationLink link:calculationLink link:definitionLink 2313302 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2107100 - Disclosure - Equity Transactions link:presentationLink link:calculationLink link:definitionLink 2407402 - Disclosure - Equity Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 2307301 - Disclosure - Equity Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 2114100 - Disclosure - Fair Value Disclosures link:presentationLink link:calculationLink link:definitionLink 2414403 - Disclosure - Fair Value Disclosures (Details) link:presentationLink link:calculationLink link:definitionLink 2414404 - Disclosure - Fair Value Disclosures (Estimated Fair Value of Notes Payable) (Details) link:presentationLink link:calculationLink link:definitionLink 2414402 - Disclosure - Fair Value Disclosures (Fair Value Assets and Liabilities Measured on Recurring Basis) (Details) link:presentationLink link:calculationLink link:definitionLink 2314301 - Disclosure - Fair Value Disclosures (Tables) link:presentationLink link:calculationLink link:definitionLink 2104100 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 2404402 - Disclosure - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 2304301 - Disclosure - Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 2101100 - Disclosure - Interim Financial Statements link:presentationLink link:calculationLink link:definitionLink 2401402 - Disclosure - Interim Financial Statements (Details) link:presentationLink link:calculationLink link:definitionLink 2401403 - Disclosure - Interim Financial Statements (Operating Partnership) (Details) link:presentationLink link:calculationLink link:definitionLink 2301301 - Disclosure - Interim Financial Statements (Tables) link:presentationLink link:calculationLink link:definitionLink 2105100 - Disclosure - Investments in Unconsolidated Joint Ventures link:presentationLink link:calculationLink link:definitionLink 2405403 - Disclosure - Investments in Unconsolidated Joint Ventures (Combined Financial Information Balance Sheet) (Details) link:presentationLink link:calculationLink link:definitionLink 2405404 - Disclosure - Investments in Unconsolidated Joint Ventures (Combined Financial Information Income Statement) (Details) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Investments in Unconsolidated Joint Ventures (Details) link:presentationLink link:calculationLink link:definitionLink 2305301 - Disclosure - Investments in Unconsolidated Joint Ventures (Tables) link:presentationLink link:calculationLink link:definitionLink 2118100 - Disclosure - New Accounting Pronouncement link:presentationLink link:calculationLink link:definitionLink 2418402 - Disclosure - New Accounting Pronouncement (Details) link:presentationLink link:calculationLink link:definitionLink 2318301 - Disclosure - New Accounting Pronouncement (Tables) link:presentationLink link:calculationLink link:definitionLink 2108100 - Disclosure - Noncontrolling Interests link:presentationLink link:calculationLink link:definitionLink 2408402 - Disclosure - Noncontrolling Interests (Details) link:presentationLink link:calculationLink link:definitionLink 2308301 - Disclosure - Noncontrolling Interests (Tables) link:presentationLink link:calculationLink link:definitionLink 2110100 - Disclosure - Share-Based Compensation link:presentationLink link:calculationLink link:definitionLink 2410402 - Disclosure - Share-Based Compensation (Details) link:presentationLink link:calculationLink link:definitionLink 2310301 - Disclosure - Share-Based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2402403 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 2102100 - Disclosure - Summary of Significant Accounting Policies (Notes) link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 2302302 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 9 tco-20180930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 10 tco-20180930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 11 tco-20180930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Commitments and Contingencies Disclosure [Abstract] Loss Contingencies [Table] Loss Contingencies [Table] Loss Contingency Nature [Axis] Loss Contingency Nature [Axis] Loss Contingency, Nature [Domain] Loss Contingency, Nature [Domain] Loss Contingencies [Line Items] Loss Contingencies [Line Items] Business Interruption Insurance Proceeds Received Business Interruption Insurance Proceeds Received Business Interruption Insurance Proceeds Received Insurance Deductible Insurance Deductible Amount of risk retained by the entity before the insurance arrangement begins to provide coverage for property damage and business interruption. Insurance Coverage Limit Insurance Coverage Limit Coverage limit provided by the insurance arrangement for property damage and business interruption. Insurance Recoveries - Expense Items Insurance Recoveries - Expense Items The amount recovered from insurance for costs related to operating/expense items. These recoveries are reported as a separate line item on the Consolidated Statement of Operations and Comprehensive Income under Nonoperating income. Insurance Recoveries - Capital Items Insurance Recoveries - Capital Items The amount recovered from insurance for costs related to previously capitalized expenditures. These recoveries are reported as a reduction of Depreciation Expense on the Consolidated Statement of Operations and Comprehensive Income. Statement [Table] Statement [Table] Legal Entity [Axis] Legal Entity [Axis] Entity [Domain] Entity [Domain] Class of Stock [Axis] Class of Stock [Axis] Class of Stock [Domain] Class of Stock [Domain] Series B Preferred Stock [Member] Series B Preferred Stock [Member] Statement [Line Items] Statement [Line Items] Loss from Catastrophes Loss from Catastrophes Cash tender [Abstract] Cash Tender Abstract Minimum aggregate value of Operating Partnership units to be tendered Minimum Aggregate Value Of Operating Partnership Units To Be Tendered The minimum aggregate value of Operating Partnership units to be tendered, under the Cash Tender Agreement with A. Alfred Taubman, as trustee of his revocable trust and TRA Partners (now Taubman Ventures Group LLC or TVG). Under this agreement, each of the revocable trust and TVG has the right to tender to the Company partnership units in the Operating Partnership, provided that the aggregate value is at least this minimum amount, and cause the Company to purchase the tendered interests at a purchase price based on a market valuation of the Company on the trading date immediately preceding the date of the tender. Fair Value of Written Option, Cash Tender Agreement Fair Value of Written Option, Cash Tender Agreement Represents the fair value of the written option defined by the Cash Tender Agreement. Market value per common share (in dollars per share) Share Price Approximate aggregate value of interests in the Operating Partnership that may be tendered Approximate Aggregate Value Of Interests In Operating Partnership That May Be Tendered The approximate aggregate value of interests in the Operating Partnership that may be tendered under the Cash Tender Agreement, based on the market value per common share as of the balance sheet date. Additional interest the Company would have owned in the Operating Partnership upon purchase of interests (in hundredths) Additional Interest In Operating Partnership The additional interest the Company would have owned in the Operating Partnership, had the aggregate value of interests been purchased under the Cash Tender Agreement as of the balance sheet date. Continuing offer [Abstract] Continuing Offer Abstract Common Stock, Conversion Basis Common Stock, Conversion Basis Convertible Preferred Stock, Terms of Conversion Convertible Preferred Stock, Terms of Conversion Equity Transactions [Abstract] Equity Transactions [Abstract] Schedule of Equity Transactions [Table] Schedule of Equity Transactions [Table] Schedule of Equity Transactions [Table] Common Stock [Member] Common Stock [Member] Schedule of Equity Transactions [Line Items] Schedule of Equity Transactions [Line Items] Schedule of Equity Transactions [Line Items] Debt Disclosure [Abstract] Schedule of Long-term Debt Instruments [Table] Schedule of Long-term Debt Instruments [Table] Debt Instrument [Axis] Debt Instrument [Axis] Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Twelve Oaks Mall [Member] Twelve Oaks Mall [Member] Shopping center owned by consolidated subsidiaries. Range [Axis] Range [Axis] Range [Domain] Range [Domain] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Subsequent Event Type [Domain] Subsequent Event Type [Domain] Subsequent Event [Member] Subsequent Event [Member] Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Unsecured Debt 250M Term Loan [Member] Unsecured Debt 250M Term Loan [Member] Unsecured Debt 250M Term Loan [Member] Unsecured Debt 300M Term Loan [Member] Unsecured Debt [Member] International Market Place [Member] International Market Place [Member] tco_InternationalMarketPlace [Member] The Mall at University Town Center [Member] The Mall at University Town Center [Member] The Mall at University Town Center [Member] Cherry Creek Shopping Center [Member] Cherry Creek Shopping Center [Member] Shopping center owned by consolidated subsidiaries in which the Company owns a beneficial interest. The Mall at Green Hills [Member] The Mall at Green Hills [Member] The Mall at Green Hills [Member] Debt Instrument [Line Items] Debt Instrument [Line Items] Debt Instrument, Description of Variable Rate Basis Debt Instrument, Description of Variable Rate Basis Debt Instrument, Potential Basis Spread on Variable Rate Debt Instrument, Potential Basis Spread on Variable Rate Debt Instrument, Potential Basis Spread on Variable Rate Debt Instrument, Basis Spread on Variable Rate Debt Instrument, Basis Spread on Variable Rate Debt Instrument, Term Debt Instrument, Term Derivative, Lower Range of Basis Spread, Variable Rate Derivative, Lower Range of Basis Spread, Variable Rate Derivative, Lower Range of Basis Spread, Variable Rate Derivative, Higher Range of Basis Spread, Variable Rate Derivative, Higher Range of Basis Spread, Variable Rate Derivative, Higher Range of Basis Spread, Variable Rate Unsecured Debt Unsecured Debt Derivative, Effective Date Derivative, Effective Date Derivative, Effective Date Debt Instrument, Face Amount Debt Instrument, Face Amount Debt Instrument, Interest Rate, Effective Percentage Debt Instrument, Interest Rate, Stated Percentage Period Over Which Principal Balance Is Amortized Period Over Which Principal Balance Is Amortized Period Over Which Principal Balance Is Amortized Notes Payable, Net Notes Payable Number of Extension Options Number of Extension Options Number of extension options related to financings Interest Payable Interest Payable Repayments of Debt Repayments of Debt Length Of Extension Option Length Of Extension Option Represents the length (in years) of the remaining extension option on the debt instrument. Derivative, Lower Range of Effective Rate, Variable Rate Derivative, Lower Range of Effective Rate, Variable Rate Derivative, Lower Range of Effective Rate, Variable Rate Derivative, Upper Range of Effective Rate, Variable Rate Derivative, Upper Range of Effective Rate, Variable Rate Derivative, Upper Range of Effective Rate, Variable Rate Derivative, Maturity Date Derivative, Maturity Date Maximum Borrowing Capacity Including Accordion Feature Maximum Borrowing Capacity Including Accordion Feature Maximum borrowing capacity, including potential accordion features, without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding. Derivative, Fixed Interest Rate Derivative, Fixed Interest Rate Disclosure of Compensation Related Costs, Share-based Payments [Abstract] Share-Based Compensation Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Notes to Financial Statements [Abstract] Disaggregation of Revenue [Table Text Block] Disaggregation of Revenue [Table Text Block] Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Segments [Axis] Segments [Axis] Segments [Domain] Segments [Domain] Products and Services [Axis] Products and Services [Axis] Products and Services [Domain] Products and Services [Domain] Geographical [Axis] Geographical [Axis] Geographical [Domain] Geographical [Domain] Contract with Customer, Basis of Pricing [Axis] Contract with Customer, Basis of Pricing [Axis] Contract with Customer, Basis of Pricing [Domain] Contract with Customer, Basis of Pricing [Domain] Contract with Customer, Duration [Axis] Contract with Customer, Duration [Axis] Contract with Customer, Duration [Domain] Contract with Customer, Duration [Domain] Timing of Transfer of Good or Service [Axis] Timing of Transfer of Good or Service [Axis] Timing of Transfer of Good or Service [Domain] Timing of Transfer of Good or Service [Domain] Contract with Customer, Sales Channel [Axis] Contract with Customer, Sales Channel [Axis] Contract with Customer, Sales Channel [Domain] Contract with Customer, Sales Channel [Domain] Customer [Axis] Customer [Axis] Customer [Domain] Customer [Domain] Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Equity Method Investments and Joint Ventures [Abstract] Schedule of Equity Method Investments [Table] Schedule of Equity Method Investments [Table] CityOn.Zhengzhou [Member] CityOn.Zhengzhou [Member] CityOn.Zhengzhou [Member] Schedule of Equity Method Investment, Equity Method Investee, Name [Axis] Investment, Name [Axis] Equity Method Investee, Name [Domain] Investment, Name [Domain] CityOn.Xi'an [Member] CityOn.Xi'an [Member] CityOn.Xi'an [Member] Country Club Plaza [Member] Country Club Plaza [Member] Country Club Plaza [Member] Fair Oaks Mall [Member] Fair Oaks Mall Member Shopping center owned by joint ventures in which the Company owns a beneficial interest. International Plaza [Member] International Plaza [Member] Shopping center owned by consolidated subsidiaries in which the Company owns a beneficial interest. The Mall at Millenia [Member] Mall At Millenia Member Shopping center owned by joint ventures in which the Company owns a beneficial interest. Stamford Town Center [Member] Stamford Town Center Member Shopping center owned by joint ventures in which the Company owns a beneficial interest. Starfield Hanam [Member] Starfield Hanam [Member] Starfield Hanam [Member] Sunvalley [Member] Sunvalley Member Shopping center owned by joint ventures in which the Company owns a beneficial interest. Waterside Shops [Member] Waterside Shops Member Shopping center owned by joint ventures in which the Company owns a beneficial interest. Westfarms [Member] Westfarms Member Shopping center owned by joint ventures in which the Company owns a beneficial interest. Schedule of Equity Method Investments [Line Items] Schedule of Equity Method Investments [Line Items] Notes Receivable, Related Parties Notes Receivable, Related Parties Depreciable Basis In Years Depreciable Basis In Years The depreciable basis (in years) over which the Company's additional basis allocated to depreciable assets is recognized on a straight-line basis. Equity of certain joint ventures Equity of certain joint ventures The net equity of certain joint ventures held by the Company as a result of distributions exceeding net income. Equity Method Investment, Ownership Percentage Equity Method Investment, Ownership Percentage Derivative Instruments and Hedging Activities Disclosure [Abstract] Derivative [Table] Derivative [Table] Derivative Instrument [Axis] Derivative Instrument [Axis] Derivative Contract [Domain] Derivative Contract [Domain] Consolidated Subsidiaries Interest Rate Swap 1 [Domain] Consolidated Subsidiaries Interest Rate Swap 1 [Domain] Derivative instrument whose primary underlying risk is tied to the right to receive or pay a sum of money at a given interest rate, held by consolidated subsidiaries. Consolidated Subsidiaries Interest Rate Swap 2 [Domain] Consolidated Subsidiaries Interest Rate Swap 2 [Domain] Consolidated Subsidiaries Interest Rate Swap 2 [Domain] Consolidated Subsidiaries Interest Rate Swap 3 [Domain] Consolidated Subsidiaries Interest Rate Swap 3 $250M Term Loan [Domain] Consolidated Subsidiaries Interest Rate Swap 3 $250M Term Loan [Domain] Consolidated Subsidiaries Interest Rate Swap 3 Primary Line of Credit Swapped Portion [Domain] Consolidated Subsidiaries Interest Rate Swap 3 Primary Line of Credit Swapped Portion [Domain] Consolidated Subsidiaries Interest Rate Swap 3 Primary Line of Credit Swapped Portion [Domain] Consolidated Subsidiaries Interest Rate Swap 4 [Domain] Consolidated Subsidiaries Interest Rate Swap 4 [Domain] Consolidated Subsidiaries Interest Rate Swap 4 [Domain] Consolidated Subsidiaries Interest Rate Swap 5 [Domain] Consolidated Subsidiaries Interest Rate Swap 5 [Domain] Consolidated Subsidiaries Interest Rate Swap 5 [Domain] Consolidated Subsidiaries Interest Rate Swap 6 [Domain] Consolidated Subsidiaries Interest Rate Swap 6 [Domain] Consolidated Subsidiaries Interest Rate Swap 6 [Domain] Consolidated Subsidiaries Interest Rate Swap 7 [Domain] Consolidated Subsidiaries Interest Rate Swap 7 [Domain] Consolidated Subsidiaries Interest Rate Swap 7 [Domain] Consolidated Subsidiaries Interest Rate Swap 8 [Domain] Consolidated Subsidiaries Interest Rate Swap 8 [Domain] Consolidated Subsidiaries Interest Rate Swap 8 [Domain] Unconsolidated Joint Ventures Interest Rate Swap 1 [Member] Unconsolidated Joint Ventures Interest Rate Swap 1 (Member) Derivative instrument whose primary underlying risk is tied to the right to receive or pay a sum of money at a given interest rate, held by unconsolidated joint ventures. Unconsolidated Joint Ventures Interest Rate Swap 2 (Member) Derivative instrument whose primary underlying risk is tied to the right to receive or pay a sum of money at a given interest rate, held by unconsolidated joint ventures. Variable Rate [Axis] Variable Rate [Axis] Variable Rate [Domain] Variable Rate [Domain] London Interbank Offered Rate (LIBOR) [Member] London Interbank Offered Rate (LIBOR) [Member] Hedging Relationship [Axis] Hedging Relationship [Axis] Hedging Relationship [Domain] Hedging Relationship [Domain] Cash Flow Hedging [Member] Cash Flow Hedging [Member] Derivative [Line Items] Derivative [Line Items] Primary Line of Credit Swapped Portion Primary Line of Credit Swapped Portion Primary Line of Credit Swapped Portion Line of Credit Facility, Maximum Borrowing Capacity Line of Credit Facility, Maximum Borrowing Capacity Cash flow hedges of interest rate risk [Abstract] Interest Rate Cash Flow Hedges [Abstract] Noncontrolling Interest, Ownership Percentage by Parent Noncontrolling Interest, Ownership Percentage by Parent Derivative, Notional Amount Derivative, Notional Amount Derivative, Basis Spread on Variable Rate Derivative, Basis Spread on Variable Rate Total Swapped Rate On Loan Total Swapped Rate On Loan The total of the swap rate and credit spread on loan. Swapped Foreign Currency Exchange Rate Swapped Foreign Currency Exchange Rate Swapped Foreign Currency Exchange Rate Noncontrolling Interest [Table] Noncontrolling Interest [Table] Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners At 100% [Abstract] At100 Percent Abstract Equity Method Investment, Summarized Financial Information, Noncurrent Liabilities Equity Method Investment, Summarized Financial Information, Noncurrent Liabilities Capitalized interest, consolidated subsidiaries at 100% Interest Costs Capitalized Capitalized interest, unconsolidated joint ventures @100% Equity Method Investment Summarized Financial Information, Capitalized Interest This item represents the disclosure of summarized financial information of interest capitalized for unconsolidated subsidiaries and 50 percent-of-less owned entities accounted for using the equity method of accounting. Interest expense, consolidated subsidiaries at 100% Interest Expense Interest Expense, Unconsolidated Joint Ventures, at 100% Interest Expense, Unconsolidated Joint Ventures, at 100% This item represents the disclosure of summarized financial information of interest expense for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting, including any addiitonal interest adjustments for amortization of debt fair value premiums and discounts. At beneficial interest [Abstract] At Beneficial Interest Abstract Debt Consolidated Subsidiaries At Beneficial Interest Debt Consolidated Subsidiaries At Beneficial Interest The carrying value of debt held by consolidated subsidiaries, excluding debt related to noncontrolling interests. Debt, unconsolidated joint ventures at beneficial interest Debt Unconsolidated Joint Ventures At Beneficial Interest The Company's beneficial interest in the carrying value of debt held by unconsolidated joint venture entities, which are not controlled by the Company but over which the Company may exercise significant influence. These investments are accounted for under the equity method. Capitalized interest, consolidated subsidiaries at beneficial interest Capitalized Interest Consolidated Subsidiaries At Beneficial Interest The amount of interest that was capitalized during the period by consolidated subsidiaries, excluding interest related to noncontrolling interests. Capitalized Interest, Unconsolidated Joint Ventures at Beneficial Interest Capitalized Interest, Unconsolidated Joint Ventures at Beneficial Interest The Company's beneficial interest in the amount of interest that was capitalized during the period by unconsolidated joint venture entities, which are not controlled by the Company bur over which the Company may exercise significant influence. These investments are accounted for under the equity method. Interest expense, consolidated subsidiaries at beneficial interest Interest Expense Consolidated Subsidiaries At Beneficial Interest The cost of borrowed funds accounted for as interest by consolidated subsidiaries, excluding interest related to noncontrolling interests. Interest expense, unconsolidated joint ventures at beneficial interest Income Loss From Equity Method Investments Portion Due To Interest Expense This item represents the entity's proportionate share for the period of the interest expense of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Real Estate Property Ownership [Axis] Real Estate Property Ownership [Axis] Real Estate Properties [Domain] Real Estate Properties [Domain] Consolidated Properties [Member] Consolidated Properties [Member] Unconsolidated Properties [Member] Unconsolidated Properties [Member] Interest Rate Contract [Member] Interest Rate Contract [Member] Cross Currency Interest Rate Contract [Member] Cross Currency Interest Rate Contract [Member] Default Option, Range, Minimum [Member] Default Option, Range, Minimum [Member] Minimum Recourse Provision Default Option, Range, Maximum [Member] Default Option, Range, Maximum [Member] Default Option, Range, Maximum Derivatives, Fair Value, by Balance Sheet Location [Axis] Balance Sheet Location [Axis] Balance Sheet Location [Domain] Balance Sheet Location [Domain] Deferred Charges And Other Assets [Member] Deferred Charges And Other Assets [Member] Line item in the statement of financial position in which the fair value amounts of the derivative instruments are included. Equity Method Investments [Member] Equity Method Investments [Member] Accounts Payable and Accrued Liabilities [Member] Accounts Payable and Accrued Liabilities [Member] Derivatives, Fair Value [Line Items] Derivatives, Fair Value [Line Items] Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net Derivative Asset, Fair Value, Gross Asset Derivative Asset, Fair Value, Gross Asset Interest Rate Recourse Provisions Interest Rate Recourse Provisions Description of default provisions if hedged entity or operating partnership defaults on any of its indebtedness in excess of this maximum amount Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet [Abstract] Derivative, Fair Value, Net [Abstract] Derivative Liability, Fair Value, Gross Liability Derivative Liability, Fair Value, Gross Liability Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] Accumulated Other Comprehensive Income Components [Table] Accumulated Other Comprehensive Income (Loss) [Table] Equity Components [Axis] Equity Components [Axis] Equity Component [Domain] Equity Component [Domain] Accumulated Other Comprehensive Income Components [Line Items] Accumulated Other Comprehensive Income (Loss) [Line Items] OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax [Table Text Block] Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] Cash Flow, Supplemental Disclosures [Text Block] Cash Flow, Supplemental Disclosures [Text Block] Country Club Plaza - Valencia Place Office Tower [Member] Country Club Plaza - Valencia Place Office Tower [Member] Country Club Plaza - Valencia Place Office Tower [Member] Equity method investment, summarized financial information, income statement [Abstract] Equity Method Investment, Summarized Financial Information, Income Statement [Abstract] Revenues Equity Method Investment, Summarized Financial Information, Revenue Maintenance, taxes, utilities, promotion, and other operating expenses Equity Method Investment Summarized Financial Information Maintenance Taxes Utilities And Other Operating Expenses This item represents the disclosure of summarized financial information of maintenance, taxes, utilities, promotion and other operating expenses for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. Interest expense Equity Method Investment Summarized Financial Information Interest Expense This item represents the disclosure of summarized financial information of interest expense for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. Depreciation and amortization Equity Method Investment Summarized Financial Information Depreciation And Amortization This item represents the disclosure of summarized financial information of depreciation and amortization for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. Total operating costs Equity Method Investment Summarized Financial Information Total Operating Costs This item represents the disclosure of summarized financial information of total operating costs for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. Nonoperating income, net Equity Method Investment Summarized Financial Information Nonoperating Income This item represents the disclosure of summarized financial information of nonoperating income for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. Income tax expense Equity Method Investment Summarized Financial Information Income Tax Expense Equity Method Investment Summarized Financial Information Income Tax Expense Gain on disposition, net of tax (1) Equity Method Investment Summarized Financial Information, Gain on Disposition Net of Tax Equity Method Investment Summarized Financial Information, Gain on Disposition Net of Tax Net income Equity Method Investment, Summarized Financial Information, Net Income (Loss) Net income attributable to TRG Equity Method Investment Net Income Attributable To Operating Partnership This item represents the share of the investee's net income (loss) attributable to the operating partnership. Realized intercompany profit, net of depreciation on TRG’s basis adjustments Equity Method Investment Difference Between Net Income Attributable To Operating Partnership And Equity In Income Of Unconsolidated Joint Ventures Realized Intercompany Profit Net Of Depreciation This item represents the difference between the amount of net income attributable to the operating partnership, and the equity in income of unconsolidated joint ventures as reported on the Consolidated Statement of Operations. The difference is due to realized intercompany profit, net of depreciation on the operating partnership's basis adjustments. The Operating Partnership's differences in bases are amortized over the useful lives of the related assets. Depreciation of TCO's additional basis Equity Method Investment Difference Between Net Income Attributable To Operating Partnership And Equity In Income Of Unconsolidated Joint Ventures Depreciation Of Companys Additional Basis This item represents the charge in the period due to depreciation of the Company's additional basis, which is allocated to depreciable assets and recognized on a straight-line basis over 40 years. Equity in income of Unconsolidated Joint Ventures Income (Loss) from Equity Method Investments Beneficial interest in Unconsolidated Joint Ventures’ operations: Beneficial Interest In Unconsolidated Joint Ventures Operations Abstract Revenues less maintenance, taxes, utilities, promotion, and other operating expenses Income Loss From Equity Method Investments Portion Due To Revenues Less Maintenance Taxes Utilities And Other Operating Expenses This item represents the entity's proportionate share for the period of the revenues less maintenance, taxes, utilities and other operating expenses of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied, and including realized intercompany gains and losses. Interest expense Depreciation and amortization Income Loss From Equity Method Investments Portion Due To Depreciation And Amortization This item represents the entity's proportionate share for the period of the depreciation and amortization of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied, adjusted to eliminate intercompany gains and losses, and includes amortization of any difference between cost and underlying equity in net assets of the investee at the date of investment. Income tax expense Income Loss From Equity Method Investments Portion Due To Income Taxes This item represents the entity's proportionate share for the period of the income tax expense (benefit) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied, adjusted to eliminate intercompany gains and losses, and includes amortization of any difference between cost and underlying equity in net assets of the investee at the date of investment. Gain on disposition, net of tax (1) Equity Method Investment, Realized Gain (Loss) on Disposal Fair Value Disclosures [Abstract] Fair Value, Assets and Liabilities Measured on Recurring Basis [Table] Fair Value Measurements, Recurring and Nonrecurring [Table] SPG Units [Member] SPG Common Shares [Member] Simon Property Group Common Shares received in connection with the Company's sale of its 50% of Arizona Mills in January 2014. Fair Value, Hierarchy [Axis] Fair Value, Hierarchy [Axis] Fair Value, Measurements, Fair Value Hierarchy [Domain] Fair Value Hierarchy [Domain] Fair Value, Inputs, Level 1 [Member] Fair Value, Inputs, Level 1 [Member] Fair Value, Inputs, Level 2 [Member] Fair Value, Inputs, Level 2 [Member] Fair Value, Assets and Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Simon Property Group Common Shares Simon Property Group Common Shares Simon Property Group Common Shares Derivative interest rate contracts (Note 7) Investment in SPG Common Shares Investment in SPG Common Shares Investment in SPG Common Shares Assets and liabilities measured at fair value on a recurring basis [Abstract] Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract] Insurance deposit Other Assets, Fair Value Disclosure Total assets Assets, Fair Value Disclosure, Recurring Derivative interest rate contracts (Note 7) Derivative Liability Total liabilities Financial and Nonfinancial Liabilities, Fair Value Disclosure Accounting Policies [Abstract] New Accounting Pronouncements [Abstract] New Accounting Pronouncements [Abstract] New Accounting Pronouncement or Change in Accounting Principle [Table] New Accounting Pronouncements or Change in Accounting Principle [Table] Adjustments for New Accounting Pronouncements [Axis] Adjustments for New Accounting Pronouncements [Axis] Type of Adoption [Domain] Type of Adoption [Domain] Accounting Standards Update 2016-02 [Member] Accounting Standards Update 2016-02 [Member] Fair Value Hierarchy [Domain] New Accounting Pronouncement or Change in Accounting Principle [Line Items] New Accounting Pronouncements or Change in Accounting Principle [Line Items] ROU Assets as Percentage of Total Assets Range ROU Assets as Percentage of Total Assets Range ROU Assets as Percentage of Total Assets Range Capitalized Leasing and Tenant Coordination Costs Capitalized Leasing and Tenant Coordination Costs Capitalized Leasing and Tenant Coordination Costs New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income Acquisition, Redevelopments, and Developments [Abstract] Acquisition, Redevelopments, and Developments [Abstract] Schedule of Business Acquisitions, by Acquisition [Table] Schedule of Business Acquisitions, by Acquisition [Table] Real Estate, Type of Property [Axis] Real Estate, Type of Property [Axis] Real Estate [Domain] Real Estate [Domain] Beverly Center and The Mall at Green Hills [Member] Beverly Center and The Mall at Green Hills [Member] Beverly Center and The Mall at Green Hills [Member] Country Club Plaza - Valencia Office Tower [Member] Starfield Anseong [Member] Starfield Anseong [Member] Starfield Anseong [Member] South Korea [Member] South Korea [Member] South Korea Project [Member] Disposition, Redevelopments, and Developments Acquisition, Redevelopments, and Developments [Line Items] Acquisition, Redevelopments, and Developments [Line Items] Proceeds from Sale of Real Estate Sale Price of Joint Venture Real Estate Sale Price of Joint Venture Real Estate Sale Price of Joint Venture Real Estate at Beneficial Interest Sale Price of Joint Venture Real Estate at Beneficial Interest Sale Price of Joint Venture Real Estate at Beneficial Interest Equity Method Investment, Realized Gain (Loss) on Disposal Investment in Unconsolidated Joint Ventures Equity Method Investments Number Of Ongoing Redevelopments Number Of Ongoing Redevelopments The number of real estate properties in which major redevelopments are ongoing. Total Anticipated Project Costs Total Expected Project Costs The total costs that are expected to be incurred to complete a redevelopment or development project. Capitalized Project Costs Capitalized Project Costs The capitalized costs associated with a construction project as of the Balance Sheet date. Area of Real Estate Property Area of Real Estate Property Equity Method Investment Future Expected Ownership Percentage Equity Method Investment Future Expected Ownership Percentage The future expected effective percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Payments To Fund Development Project Payments To Fund Development Project Payments To Fund Development Project Return On Investment Return On Investment Return On Investment Equity Method Investment, Summarized Financial Information [Abstract] Investment, Name [Axis] Investment, Name [Domain] Assets: Equity Method Investment, Summarized Financial Information, Assets [Abstract] Properties Equity Method Investment Summarized Financial Information Properties This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents Properties of the group of investments for which combined disclosure is appropriate. Accumulated depreciation and amortization Equity Method Investment Summarized Financial Information Accumulated Depreciation Amortization This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents Accumulated depreciation and amortization related to Properties of the group of investments for which combined disclosure is appropriate. Properties, net Equity Method Investment, Summarized Financial Information, Noncurrent Assets Cash and cash equivalents Equity Method Investment Summarized Financial Information Cash Cash Equivalents This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents Cash and cash equivalents of the group of investments for which combined disclosure is appropriate. Allowance for doubtful accounts Equity Method Investment Summarized Financial Information Allowance For Doubtful Accounts This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents Allowance for doubtful accounts of the group of investments for which combined disclosure is appropriate. Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017 Equity Method Investment Summarized Financial Information Accounts Notes Receivable Net This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents Accounts and notes receivable, net of the group of investments for which combined disclosure is appropriate. Deferred charges and other assets Equity Method Investment Summarized Financial Information Deferred Charges Other Assets This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents Deferred charges and other assets of the group of investments for which combined disclosure is appropriate. Total Assets Equity Method Investment, Summarized Financial Information, Assets Liabilities and accumulated equity (deficiency) in assets: Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract] Notes payable, net Equity Method investment, Summarized Financial Information, Noncurrent Liabilities, Excluding Centers Under Development Equity Method investment, Summarized Financial Information, Noncurrent Liabilities, Excluding Centers Under Development Accounts payable and other liabilities Equity Method Investment, Summarized Financial Information, Current Liabilities TRG's accumulated deficiency in assets Equity Method Investment Summarized Financial Information Equity Or Capital Operating Partnership Share This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents the Operating Partnership's accumulated deficiency in assets of the group of investments for which combined disclosure is appropriate. Unconsolidated Joint Venture Partners' accumulated equity in assets Equity Method Investment Summarized Financial Information Equity Or Capital Joint Venture Partners Share This item represents the disclosure of summarized financial information for unconsolidated subsidiaries and 50 percent-or-less owned entities accounted for using the equity method of accounting. This item represents the Joint Venture Partners' accumulated deficiency in assets of the group of investments for which combined disclosure is appropriate. Total Liabilities and Accumulated Equity (Deficiency) in Assets Equity Method Investment, Summarized Financial Information, Liabilities and Equity TRG's accumulated deficiency in assets (above) TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou Equity Method Investment, Investment in Property Under Development Represents the Company's total investment for equity method investments for property that is currently under development. TRG basis adjustments, including elimination of intercompany profit Equity Method Investment Difference Between Carrying Amount And Underlying Equity Basis Adjustments This item represents the difference between the amount at which an investment accounted for under the equity method of accounting is carried (reported) on the balance sheet and the amount of underlying equity in net assets the reporting Entity has in the investee. The difference is due to the Operating Partnership's adjustments to the book basis, including intercompany profits on sales of services that are capitalized by the Unconsolidated Joint Ventures. TCO's additional basis Equity Method Investment Difference Between Carrying Amount And Underlying Equity Additional Basis This item represents the difference between the amount at which an investment accounted for under the equity method of accounting is carried (reported) on the balance sheet and the amount of underlying equity in net assets the reporting Entity has in the investee. The difference is due to the Company's cost of its investment in excess of the historical net book values of the Unconsolidated Joint Ventures. Net investment in Unconsolidated Joint Ventures Equity Method Investment Difference Between Carrying Amount And Underlying Equity Net Investment This item represents the net investment in unconsolidated joint ventures, as defined by the amount of underlying equity in net assets the reporting entity has in the investee, adjusted by basis adjustments, including elimination or intercompany profit, and the Company's additional basis. Distributions in excess of investments in and net income of Unconsolidated Joint Ventures Distributions In Excess Of Investments In And Net Income Of Unconsolidated Joint Ventures Distributions in excess of investments in and net income of unconsolidated joint ventures Taubman Prestige Outlets Chesterfield [Member] Taubman Prestige Outlets Chesterfield [Member] Taubman Prestige Outlets Chesterfield [Member] Series J Preferred Stock [Member] Series J Preferred Stock [Member] Series J Preferred Stock [Member] Series K Preferred Stock [Member] Series K Preferred Stock [Member] Series K Preferred Stock [Member] Costs Associated With Shareowner Activism Costs Associated With Shareowner Activism Costs Associated With Shareowner Activism Restructuring Charges Restructuring Charges Number of urban and suburban shopping centers in the Company's owned portfolio Number of Real Estate Properties Number of states in which Company operates Number of States in which Entity Operates Ownership percentage (in hundredths) Period After Which Termination Option Available if Redevelopment Not Begun Period After Which Termination Option Available if Redevelopment Not Begun Period After Which Termination Option Available if Redevelopment Not Begun - Both the Company and TSG have the ability to terminate the ground lease in the event that a redevelopment has not begun within five years, with the buildings and improvements reverting to the Company upon termination. New Accounting Pronouncements and Changes in Accounting Principles [Abstract] New Accounting Pronouncements and Changes in Accounting Principles [Abstract] Accumulated Other Comprehensive Income (Loss) [Table] Reclassification out of Accumulated Other Comprehensive Income [Axis] Reclassification out of Accumulated Other Comprehensive Income [Axis] Reclassification out of Accumulated Other Comprehensive Income [Domain] Reclassification out of Accumulated Other Comprehensive Income [Domain] Reclassification out of Accumulated Other Comprehensive Income [Member] Reclassification out of Accumulated Other Comprehensive Income [Member] Reclassification Out of AOCI [Axis] Reclassification Out of AOCI [Axis] Reclassification Out of AOCI [Axis] Reclassification Out of AOCI [Domain] Reclassification Out of AOCI [Domain] [Domain] for Reclassification Out of AOCI [Axis] Accumulated Other Comprehensive Income (Loss) [Member] AOCI Attributable to Parent [Member] Noncontrolling Interest [Member] AOCI Attributable to Noncontrolling Interest [Member] Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated Other Comprehensive Income (Loss), Net of Tax Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent OCI, before Reclassifications, Net of Tax, Attributable to Parent Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest Reclassification adjustment for amounts recognized in net income Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Noncontrolling Interest Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Noncontrolling Interest Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1) Cumulative Effect New Accounting Principle In Period Of Adoption Cumulative Effect New Accounting Principle In Period Of Adoption Other Comprehensive income Loss Adjustment Foreign Currency Attributable To Parent Other Comprehensive income Loss Adjustment Foreign Currency Attributable To Parent tco_OtherComprehensiveIncomeLossAdjustmentForeignCurrencyNonControllingInterest Other comprehensive income (loss), adjustments, attributable to parent Other comprehensive income (loss), adjustments, attributable to parent Other comprehenzive income (loss), adjustments, attributable to parent Other comprehensive income (loss), total adjustments attributable to parent Other comprehensive income (loss), total adjustments attributable to parent Other comprehensive income (loss), total adjustments attributable to parent Other Comprehensive Income Loss Adjustment Foreign Currency Attributable To Noncontrolling Interest Other Comprehensive Income Loss Adjustment Foreign Currency Attributable To Noncontrolling Interest Other Comprehensive Income Loss Adjustment Foreign Currency Attributable To Noncontrolling Interest Other comprehensive income (loss), adjustments, attributable to noncontrolling interests Other comprehensive income (loss), adjustments, attributable to noncontrolling interests Other comprehensive income (loss), adjustments, attributable to noncontrolling interests Other comprehensive income (loss), total adjustments attributable to noncontrolling interests Other comprehensive income (loss), total adjustments attributable to noncontrolling interests Other comprehensive income (loss), total adjustments attributable to noncontrolling interests Amount of gain/loss on interest rate contract reclassfied from AOCI Amount of gain/loss on interest rate contract reclassfied from AOCI Amount of gain/loss on interest rate contract reclassfied from AOCI for consolidated subsidiaries Amount of gain/loss on interest rate contract reclassfied from AOCI for unconsolidated joint ventures Amount of gain/loss on interest rate contract reclassfied from AOCI for unconsolidated joint ventures Amount of gain/loss on interest rate contract reclassfied from AOCI for unconsolidated joint ventures Amount of gain/loss on cross-currency interest rate contract reclassified from AOCI for Unconsolidated Joint Ventures Amount of gain/loss on cross-currency interest rate contract reclassified from AOCI for Unconsolidated Joint Ventures Amount of gain/loss on cross-currency interest rate contract reclassified from AOCI for Unconsolidated Joint Ventures Noncontrolling Interest [Abstract] Statement, Equity Components [Axis] Noncontrolling Interest [Line Items] Noncontrolling Interest [Line Items] Reconciliation Of Redeemable Noncontrolling Interest Reconciliation Of Redeemable Noncontrolling Interests Text Block Disclosure of the changes in redeemable noncontrolling interests from the beginning of the period to the end of the period, including, but not limited to, contributions, allocation of net loss, and other activity. Net equity balance of noncontrolling interests Net Equity Balance Of Noncontrolling Interests Text Block Disclosure of the components of net equity balance attributable to noncontrolling interests. Net income (loss) attributable to noncontrolling interests Net Income Loss Attributable To Noncontrolling Interests Text Block Disclosure of the components of net income (loss) attributable to noncontrolling interests. Effects of changes in ownership interest in consolidated subsidiaries on equity Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Schedule of Stock by Class [Table] Schedule of Stock by Class [Table] Award Type [Axis] Award Type [Axis] Equity Award [Domain] Equity Award [Domain] Retention Awards [Member] Retention Awards [Member] Cash and/or equity retention awards Accounting Standards Update 2016-01 [Member] Accounting Standards Update 2016-01 [Member] Class of Stock [Line Items] Class of Stock [Line Items] The Operating Partnership [Abstract] Preferred Units Description and Other Disclosures [Abstract] Number Of Classes Of Preferred Stock Number Of Classes Of Preferred Stock Number of classes of preferred stock outstanding as of the balance sheet date, in addition to the Company's common stock. Dividend rate (in hundredths) Preferred Stock, Dividend Rate, Percentage Units of Partnership Interest, Terms of Conversion Units of Partnership Interest, Terms of Conversion Specific terms relevant to convertibility. Includes units of partnership interestg and number of shares of preferred stock convertible into. Preferred Stock, voting rights Preferred Stock, Voting Rights Preferred Stock, Shares Outstanding Preferred Stock, Shares Outstanding Common stock, shares outstanding Common Stock, Shares, Outstanding Number Of Classes Of Preferred Equity Number Of Classes Of Preferred Equity Represents that number of classes of Preferred Equity that the Operating Partnership has outstanding. Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest Units of Partnership Interest, Amount Units of Partnership Interest, Amount Number Of Operating Partnership Units Outstanding Owned By Company Number Of Operating Partnership Units Outstanding Owned By Company Number of Operating Partnership units outstanding owned by the Company. Restructuring Reserve Restructuring Reserve Retention Awards, Nonvested Awards, Compensation Cost Not yet Recognized Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized Substantial Doubt about Going Concern, Management's Evaluation Substantial Doubt about Going Concern, Management's Evaluation Cumulative Effect of New Accounting Principle in Period of Adoption Cumulative Effect of New Accounting Principle in Period of Adoption Prior Period Reclassification Adjustment Prior Period Reclassification Adjustment Expense recoveries Tenant Reimbursements Shopping center and other operational revenues (1) Shopping Center and Other Operational Revenues Shopping Center and Other Operational Revenues Management, leasing, and development services Management Leasing And Development Services Revenue from providing management, leasing, and development services Total revenue from contracts with customers Revenue from Contract with Customer, Including Assessed Tax Number of Days Invoices Generally Due Number of Days Invoices Generally Due Number of Days Invoices Generally Due Document and Entity Information [Abstract] Document and Entity Information [Abstract] Entities [Table] Entities [Table] Entity Information [Line Items] Entity Information [Line Items] Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Entity Filer Category Entity Filer Category Document Type Document Type Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Amendment Flag Amendment Flag Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Entity Well-known Seasoned Issuer Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Voluntary Filers Entity Current Reporting Status Entity Current Reporting Status Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Simon Property Group Common Shares Sold Simon Property Group Common Shares Sold Simon Property Group Common Shares Sold SPG Common Shares Average Sales Price SPG Common Shares Average Sales Price SPG Common Shares Average Sales Price Equity Securities, FV-NI, Recognized Gain (Loss) Equity Securities, FV-NI, Recognized Gain (Loss) Amount of gain (loss) from the mark to market adjustment of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Derivative and Hedging Activities Derivative Instruments and Hedging Activities Disclosure [Text Block] New Accounting Pronouncements, Policy [Abstract] New Accounting Pronouncements, Policy [Abstract] New Accounting Pronouncement, Policy [Policy Text Block] New Accounting Pronouncements, Policy [Policy Text Block] Disposition, Redevelopments, and Developments [Text Block] Acquisition, Redevelopments, and Developments [Text Block] Acquisition, Redevelopments, and Developments [Text Block] Statement of Financial Position [Abstract] Allowance for doubtful accounts Allowance for Doubtful Accounts, Premiums and Other Receivables Common stock, par value Common Stock, Par or Stated Value Per Share Common stock, shares authorized Common Stock, Shares Authorized Common stock, shares issued Common Stock, Shares, Issued Preferred Stock, par value Preferred Stock, Par or Stated Value Per Share Preferred Stock, liquidation preference Preferred Stock, Liquidation Preference, Value Preferred Stock, liquidation preference per share Preferred Stock, Liquidation Preference Per Share Preferred Stock, shares authorized Preferred Stock, Shares Authorized Preferred Stock, shares issued Preferred Stock, Shares Issued Preferred Stock, shares outstanding Beneficial interest in Debt and Interest Expense Debt Disclosure [Text Block] Statement of Stockholders' Equity [Abstract] Former Taubman Asia Redeemable Noncontrolling Interest [Member] Former Taubman Asia President Redeemable Noncontrolling Interest [Member] Former Taubman Asia President Redeemable Noncontrolling Interest [Member] Preferred Stock [Member] Preferred Stock [Member] Additional Paid-in Capital [Member] Additional Paid-in Capital [Member] Accumulated Distributions in Excess of Net Income [Member] Accumulated Distributions in Excess of Net Income [Member] Noncontrolling Interest [Member] Noncontrolling Interest [Member] Increase (Decrease) in Stockholders' Equity [Roll Forward] Balance Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Balance (in shares) Shares, Issued Issuance of stock pursuant to Continuing Offer (Notes 8 and 9) Stock Issued During Period, Value, Conversion of Units Issuance of stock pursuant to Continuing Offer (Notes 8 and 9), shares Stock Issued During Period, Shares, Conversion of Units Share-based compensation under employee and director benefit plans (Note 8) Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures Share-based compensation under employee and director benefit plans (Note 8), shares Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures Former Taubman Asia President redeemable equity adjustment (Note 6) Redeemable Noncontrolling Interest, Vested Balance of Ownership Interest Redeemable Noncontrolling Interest, Vested Balance of Ownership Interest Adjustments of noncontrolling interests (Note 6) Adjustments to Additional Paid in Capital, Reallocation of Noncontrolling Interests Change in additional paid in capital as a result of a reallocation of a subsidiary's stockholders' equity to noncontrolling interests, including adjustments to redeemable noncontrolling interests. Dividends and distributions Dividends Distributions to noncontrolling interests Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders Payments for Repurchase of Redeemable Noncontrolling Interest Payments for Repurchase of Redeemable Noncontrolling Interest Other (Note 1) Stockholders' Equity, Other Net income (excludes net loss attributable to redeemable noncontrolling interest) (Note 6) Net income (excludes net loss attributable to redeemable noncontrolling interests) The consolidated profit or loss for the period, net of income taxes, excluding the portion attributable to the redeemable noncontrolling interest. Net Income (Loss) Attributable to Redeemable Noncontrolling Interest Net Income (Loss) Attributable to Redeemable Noncontrolling Interest Unrealized gain (loss) on interest rate instruments and other Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax Cumulative translation adjustment Cumulative Translation Adjustment, Net of Tax, Period Increase (Decrease) Reclassification adjustment for amounts recognized in net income Balance Balance (in shares) Earnings Per Share [Abstract] Earnings Per Share Earnings Per Share [Text Block] Interim Financial Statements Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Schedule of share-based compensation arrangements by share-based payment award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Schedule of Share-based Compensation Arrangement by Share-based Payment Award Restricted Profits Units, Vested and Expected to Vest [Table Text Block] Schedule of Share-based Compensation Arrangement by Share-based Payment Award Restricted Profits Units, Vested and Expected to Vest [Table Text Block] Tabular disclosure of the number, aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both time-based Profits Units awards (or share units) outstanding and time-based Profits Units awards (or share units) fully vested and expected to vest at the date of the latest statement of financial position. Schedule of Share-based Compensation Arrangement by Share-based Payment Award, TSR Performance-Based Profits Units, Vested and Expected to Vest [Table Text Block] Schedule of Share-based Compensation Arrangement by Share-based Payment Award, TSR Performance-Based Profits Units, Vested and Expected to Vest [Table Text Block] Tabular disclosure of the number, aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both TSR performance-based awards (or share units) outstanding and TSR performance-based awards (or share units) fully vested and expected to vest at the date of the latest statement of financial position. Schedule of Share-based Compensation Arrangement by Share-based Payment Award, NOI Performance-Based Profits Units, Vested and Expected to Vest1 [Table Text Block] Schedule of Share-based Compensation Arrangement by Share-based Payment Award, NOI Performance-Based Profits Units, Vested and Expected to Vest1 [Table Text Block] Schedule of Share-based Compensation Arrangement by Share-based Payment Award, NOI Performance-Based Profits Units, Vested and Expected to Vest1 [Table Text Block] Schedule of Nonvested Performance-based Units Activity [Table Text Block] Schedule of Nonvested Performance-based Units Activity [Table Text Block] Schedule of Nonvested NOI Performance-based Units Activity [Table Text Block] Schedule of Nonvested NOI Performance-based Units Activity [Table Text Block] Schedule of Nonvested NOI Performance-based Units Activity [Table Text Block] Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] Income Tax Disclosure [Abstract] Income Tax Contingency [Table] Income Tax Contingency [Table] Income Tax Authority [Axis] Income Tax Authority [Axis] Income Tax Authority [Domain] Income Tax Authority [Domain] Income Tax Contingency [Line Items] Income Tax Contingency [Line Items] Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] Deferred tax assets and liabilities Schedule of Deferred Tax Assets and Liabilities [Table Text Block] Noncontrolling Interests Noncontrolling Interest Disclosure [Text Block] Operating Partnership's beneficial interest Operating Partnerships Beneficial Interest Text Block A table or schedule providing information pertaining to the Operating Partnership's beneficial interest in the debt, capitalized interest, and interest expense of its consolidated subsidiaries and Unconsolidated Joint Ventures. Scenario [Axis] Scenario [Axis] Scenario, Unspecified [Domain] Scenario, Unspecified [Domain] Beneficial Interests In Joint Ventures Equity Method Investments [Table Text Block] Equity Method Investment Summarized Financial Information Text Block Equity Method Investment Summarized Financial Information Text Block Disclosure of the combined balance sheet and results of operations information for Unconsolidated Joint Ventures, followed by the Operating Partnership's beneficial interest in the combined operations information. Beneficial interest is calculated based on the Operating Partnership's ownership interest in each of the Unconsolidated Joint Ventures. Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Antidilutive Securities [Axis] Antidilutive Securities [Axis] Antidilutive Securities, Name [Domain] Antidilutive Securities, Name [Domain] Weighted average noncontrolling partnership units outstanding Stock Compensation Plan [Member] Unissued TRG Units under unit option deferral elections Unissued Partnership Units Under Unit Option Deferral Election Member Unissued partnership units under a unit option deferral election that were not included in diluted earnings per share (EPS) because to do so would increase EPS amounts or decrease loss per share amounts for the period presented. Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Net income attributable to Taubman Centers, Inc. common shareowners (Numerator): Net Income (Loss) Available to Common Stockholders, Diluted [Abstract] Basic Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent Impact of additional ownership of TRG Dilutive Securities, Effect on Basic Earnings Per Share, Dilutive Convertible Securities Diluted Net Income (Loss) Available to Common Stockholders, Diluted Shares (Denominator) – basic Weighted Average Number of Shares Outstanding, Basic Effect of dilutive securities Weighted Average Number Diluted Shares Outstanding Adjustment Shares (Denominator) – diluted Weighted Average Number of Shares Outstanding, Diluted Earnings per common share – basic Earnings Per Share, Basic Earnings per common share – diluted Earnings Per Share, Diluted Operating Loss Carryforwards [Table] Operating Loss Carryforwards [Table] Tax Credit Carryforward [Axis] Tax Credit Carryforward [Axis] Tax Credit Carryforward, Name [Domain] Tax Credit Carryforward, Name [Domain] Investment Tax Credit Carryforward [Member] Investment Tax Credit Carryforward [Member] Domestic Country [Member] Domestic Tax Authority [Member] Foreign Country [Member] Foreign Tax Authority [Member] State and Local Jurisdiction [Member] State and Local Jurisdiction [Member] Operating Loss Carryforwards [Line Items] Operating Loss Carryforwards [Line Items] Deferred Tax Assets, Gross Deferred Tax Assets, Gross Income tax expense (benefit) [Abstract] Components of Income Tax Expense (Benefit), Continuing Operations [Abstract] Federal current Current Federal Tax Expense (Benefit) Federal deferred Deferred Federal Income Tax Expense (Benefit) Foreign current Current Foreign Tax Expense (Benefit) Foreign deferred Deferred Foreign Income Tax Expense (Benefit) State current Current State and Local Tax Expense (Benefit) State deferred Deferred State and Local Income Tax Expense (Benefit) Total income tax expense (benefit) Income Tax Expense (Benefit), Gross of Tax on Gain Income Tax Expense (Benefit), Gross of Tax on Gain Deferred tax assets and liabilities [Abstract] Components of Deferred Tax Assets and Liabilities [Abstract] Deferred tax assets: Deferred Tax Assets, Net [Abstract] Deferred tax assets Deferred Tax Assets, Tax Credit Carryforwards Valuation allowances Deferred Tax Assets, Valuation Allowance Net deferred tax assets Deferred Tax Assets, Net of Valuation Allowance Deferred tax liabilities: Deferred Tax Liabilities, Gross [Abstract] Deferred tax liabilities Deferred Tax Liabilities, Net Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent Measurement Frequency [Axis] Measurement Frequency [Axis] Fair Value, Measurement Frequency [Domain] Fair Value, Measurement Frequency [Domain] Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] Estimated fair value of notes payable Fair Value, by Balance Sheet Grouping [Table Text Block] Award Date [Axis] Award Date [Axis] Award Date [Domain] Award Date [Domain] 2018 Omnibus Plan [Member] 2018 Omnibus Plan [Member] 2018 Omnibus Plan [Member] Restricted TRG Profits Units [Member] Restricted TRG Profits Units [Member] Restricted TRG Profits Units [Member] TSR Performance-based TRG Profits Units [Member] TSR Performance-based TRG Profits Units [Member] TSR Performance-based TRG Profits Units [Member] NOI Performance-based TRG Profits Units [Member] NOI Performance-based TRG Profits Units [Member] NOI Performance-based TRG Profits Units [Member] Performance Shares [Member] Performance Shares [Member] NOI Performance Shares [Member] NOI Performance Shares [Member] NOI Performance Based Performance Shares [Member] Restricted Stock Units (RSUs) [Member] Restricted Stock Units (RSUs) [Member] Profits Units [Member] Profits Units [Member] Profits Units [Member] Deferred compensation arrangements [Abstract] Deferred Compensation Arrangements [Abstract] Aggregate number of Company common shares or Operating Partnership units approved for awards under the 2018 Omnibus Plan, amended (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized The ratio at which awards granted are deducted from the shares available for grant Share Based Compensation Arrangement By Share Based Payment Award Option Deduction Basis The ratio at which options awards granted are deducted from the shares available for grant Share-based compensation, allocation and classification in financial statements [Abstract] Share-based Compensation, Allocation and Classification in Financial Statements [Abstract] Compensation cost charged to income for the Company's share-based compensation plans Allocated Share-based Compensation Expense Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount Summary of option activity [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] Summary of option activity, additional disclosures [Abstract] Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] Employee Service Share-based Compensation, Aggregate Disclosures [Abstract] Options exercised under unit option deferral election plan (in shares) Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Under Unit Option Deferral Election Options exercised under unit option deferral election plan The number of mature units tendered for the exercise of previously issued stock options under the unit option deferral election plan (in shares) Share Based Compensation Arrangement By Share Based Payment Award Options Tendered In Connection With Unit Option Deferral Election The number of mature units tendered for the exercise of previously issued stock options under the unit option deferral election plan. The number of units deferred under the unit option deferral election upon the exercise of previously issued stock options (in shares) Share Based Compensation Arrangement By Share Based Payment Award Options Deferred The number of units deferred under the unit option deferral election upon the exercise of previously issued stock options. Date at which deferred partnership units begin to be issued Date at which deferred partnership units begin to be issued Date at which the deferred partnership units begin being issued in annual installments, unless individual retires earlier. Number of Annual Installments during which Deferred Partnership Units will be issued Number of Annual Installments during which Deferred Partnership Units will be issued This is the number of annual installments during which deferred partnership units will be issued. Summary of non-option activity, additional disclosures [Abstract] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] Awards under the Omnibus Plan Share-based Compensation Arrangement by Share-based Payment Award, Description Weighted average grant-date fair value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition Actual Shares Issued Upon Vesting During Period Actual Shares Issued Upon Vesting During Period Right to Receive Upon Vesting Shares of Common Stock, Actual Shares Issued Upon Vesting During Period Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage Summary of non-option activity [Roll Forward] Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] Outstanding at January 1, 2018 Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Vested Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Granted Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Forfeited Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period Outstanding at September 30, 2018 Outstanding at beginning of period, weighted average grant date fair value (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Vested, weighted average grant date fair value (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Granted, weighted average grant date fair value (in dollars per share) Forfeited, weighted average grant date fair value (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value Outstanding at end of period, weighted average grant date fair value (in dollars per share) Fully Vested Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Fully Vested But Outstanding Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Fully Vested But Outstanding Fully Vested (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Fully Vested but Outstanding, Weighted Average Grant Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Fully Vested but Outstanding, Weighted Average Grant Date Fair Value Schedule of Guarantor Obligations [Table] Schedule of Guarantor Obligations [Table] Line of Credit [Member] Unsecured Debt 300M Term Loan [Member] Unsecured Debt 300M Term Loan [Member] Guarantor Obligations [Line Items] Guarantor Obligations [Line Items] Other Restrictions on Payment of Dividends Other Restrictions on Payment of Dividends Unconditional Guaranty Liability, Principal Balance, Percent Unconditional Guaranty Liability, Principal Balance, Percent Percentage of unconditional guaranty of principal balance of construction facility Unconditional Guaranty Liability, Interest, Percent Unconditional Guaranty Liability, Interest, Percent Percentage of unconditional guaranty of accrued but unpaid interest of construction facility Company's Percentage Share of Derivative Guarantee Company's Percentage Share of Derivative Guarantee Company's Percentage Share of Derivative Guarantee Taubman Successor Asia President Redeemable Noncontrolling Interest [Member] Taubman Successor Asia President Redeemable Noncontrolling Interest [Member] Taubman Successor Asia President Redeemable Noncontrolling Interest [Member] Finite Life Entities [Member] Finite Life Entities [Member] Finite Life Entities [Member] Percentage of dividends to which the President is entitled (in hundredths) Percentage Of Dividends To Which the Asia President Is Entitled The percentage of dividends to which the Asia President is entitled. Percentage of President's dividends withheld as contributions to capital (in hundredths) Percentage Of the Asia President's Dividends Withheld As Contributions To Capital The percentage of the Asia President's dividends withheld as contributions to capital. Temporary Equity Redemption Percentage 2017 to as Early as June 2020 Temporary Equity Redemption Percentage 2017 to as Early as June 2020 The percentage of the fair value of the ownership interest that can be put back to the Company beginning from 2017 to as early as June 2020. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Percentage of noncontrolling interests (in hundredths) Redeemable Noncontrolling Interest, Equity, Carrying Amount Redeemable Noncontrolling Interest, Equity, Carrying Amount Percentage Of the Former Asia President's interest To Which Is Puttable Beginning In 2019 Percentage Of the Former Asia President's interest To Which Is Puttable Beginning In 2019 Percentage Of the Former Asia President's interest To Which Is Puttable Beginning In 2019 Temporary Equity Redemption Percentage Beginning as Early as January 2022 Temporary Equity Redemption Percentage Beginning as Early as January 2022 The percentage of the fair value of the ownership interest that can be put back to the Company beginning as early as January 2022. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. Ownership percentage in consolidated subsidiary (in hundredths) Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, Nonredeemable Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, Nonredeemable Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Nonredeemable Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Nonredeemable Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest Net Income (Loss) Attributable to Noncontrolling Interest Net Income (Loss) Attributable to Noncontrolling Interest Reconciliation Of Redeemable Noncontrolling Interests [Roll Forward] Reconciliation Of Redeemable Noncontrolling Interests Roll Forward A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. Redeemable Noncontrolling Interest, Equity, Carrying Amount Former Taubman Asia President vested redeemable equity Distributions to redeemable noncontrolling interest Contributions Contribution From Redeemable Noncontrolling Interest Contribution From Redeemable Noncontrolling Interest Allocation of net loss to redeemable noncontrolling interest Adjustments of redeemable noncontrolling interest Adjustments of Redeemable Noncontrolling Interest Adjustments of Redeemable Noncontrolling Interest Non-redeemable noncontrolling interests: Stockholders' Equity Attributable to Noncontrolling Interest [Abstract] Noncontrolling interests in consolidated joint ventures Noncontrolling Interest in Joint Ventures Noncontrolling interests in partnership equity of TRG Noncontrolling Interest in Operating Partnerships Noncontrolling interests Stockholders' Equity Attributable to Noncontrolling Interest Net income attributable to noncontrolling interests: Net Income (Loss) Attributable to Noncontrolling Interest [Abstract] Effects of changes in ownership interest in consolidated subsidiaries on equity [Abstract] Effects Of Changes In Ownership Interest In Consolidated Subsidiaries On Equity Abstract Net income attributable to Taubman Centers, Inc. common shareowners Net Income (Loss) Available to Common Stockholders, Basic (Decrease) increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1) Net transfers (to) from noncontrolling interests Net transfers (to) from noncontrolling interests Represents the net transfers (to) from noncontrolling interests during the period. Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests Net Income Loss Available To Common Stockholders Basic Net Of Transfers To From Noncontrolling Interest Net income attributable to common shareowners, net of transfers (to) from noncontrolling interests. Finite Life Entities [Abstract] Finite Life Entities Abstract Termination date of partnership agreement Limited Liability Company or Limited Partnership, Business, Cessation Date Estimated Fair Value Of Noncontrolling Interests Estimated Fair Value Of Noncontrolling Interests The estimated fair value of noncontrolling interests in finite life entities. The noncontrolling interests in these entities are to be settled upon termination by distribution or transfer of either cash or specific assets of the underlying equity. Derivative Instruments, Gain (Loss) [Table] Balance Sheet Location [Axis] Derivative Instrument [Axis] Derivative Contract Type [Domain] Derivative Instruments, Gain (Loss) by Income Statement Location [Axis] Income Statement Location [Axis] Income Statement Location [Domain] Other comprehensive income [Member] Other Comprehensive Income (Loss) [Member] Interest expense [Member] Interest Expense [Member] Derivative Instruments, Gain (Loss) [Line Items] Derivative Instruments, Gain (Loss) [Line Items] Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract] Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net [Abstract] Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net Schedule of Real Estate Properties [Table] Schedule of Real Estate Properties [Table] Real Estate Properties [Line Items] Real Estate Properties [Line Items] Notes Payable, Fair Value Disclosure Notes Payable, Fair Value Disclosure Notes Payable Fair Values Hypothetical Percent Increase In Interest Rates Notes Payable Fair Values Hypothetical Percent Increase In Interest Rates The hypothetical percent increase in interest rates used to estimate the fair values of notes payable. Disclosed to show the sensitivity of the fair values estimates on the interest rates selected. Impact Of Overall One Percent Increase In Interest Rates Decrease In Fair Values Of Notes Payable Impact Of Overall One Percent Increase In Interest Rates Decrease In Fair Values Of Notes Payable The dollar impact (in millions) of a one-percentage-point increase in the interest rates used to estimate the fair values of notes payable - resulting in a decrease in estimated fair values. Impact Of Overall One Percent Increase In Interest Rates Decrease In Fair Values Of Notes Payable Percent Impact Of Overall One Percent Increase In Interest Rates Decrease In Fair Values Of Notes Payable Percent The percentage impact of a one-percentage-point increase in the interest rates used to estimate the fair values of notes payable - resulting in a decrease in estimated fair values. Estimated fair values of notes payable [Abstract] Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract] Comprehensive Income (Loss) Note [Text Block] Comprehensive Income (Loss) Note [Text Block] Basic and diluted earnings per share Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] Income Taxes Income Tax Disclosure [Text Block] Investments in Unconsolidated Joint Ventures Equity Method Investments and Joint Ventures Disclosure [Text Block] Cash Flow Disclosures and Non-Cash Investing and Financing Activities [Table] Cash Flow Disclosures and Non-Cash Investing and Financing Activities [Table] Cash Flow Disclosures and Non-Cash Investing and Financing Activities [Table] Restricted Cash and Cash Equivalents [Axis] Restricted Cash and Cash Equivalents [Axis] Cash and Cash Equivalents [Domain] Cash and Cash Equivalents [Domain] Restricted Cash Stipulated by Lenders and Various Agreements [Member] Restricted Cash Stipulated by Lenders and Various Agreements [Member] Restricted Cash Stipulated by Lenders and Various Agreements [Member] Deposit Assets, Foreign [Member] Deposit Assets, Foreign [Member] Deposit Assets, Foreign [Member] Interest Costs Capitalized Interest Paid, Net Interest Paid, Net Income Taxes Paid, Net Income Taxes Paid, Net Capital Expenditures Incurred but Not yet Paid Capital Expenditures Incurred but Not yet Paid Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Restricted Cash and Cash Equivalents Restricted Cash and Cash Equivalents Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (Note 13) Effect of Exchange Rate on Cash and Cash Equivalents Derivative Instruments, Gain (Loss) [Table] Income Statement Location [Axis] Income Statement Location [Domain] Other Comprehensive Income Location [Axis] Other Comprehensive Income Location [Axis] Other Comprehensive Income Location [Domain] Other Comprehensive Income Location [Domain] Hedging Designation [Axis] Hedging Designation [Axis] Hedging Designation [Domain] Hedging Designation [Domain] Interest rate derivatives designated as cash flow hedges Schedule of Derivative Instruments [Table Text Block] Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income Derivative Instruments, Gain (Loss) [Table Text Block] Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] Statement of Cash Flows [Abstract] Statement, Scenario [Axis] Cash Flows From Operating Activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Net income Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Adjustments to reconcile net income to net cash provided by operating activities: Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation and amortization Depreciation, Depletion and Amortization Provision for bad debts Provision for Loan, Lease, and Other Losses Gains on sales of peripheral land Gain (Loss) on Sale of Properties Fair value adjustment for marketable equity securities (Notes 1 and 11) Income from Unconsolidated Joint Ventures (less than) in excess of distributions (Note 1) Income (Loss) from Equity Method Investments, Net of Dividends or Distributions Other Other Noncash Income (Expense) Decrease in cash attributable to changes in assets and liabilities: Increase (Decrease) in Operating Capital [Abstract] Receivables, deferred charges, and other assets Increase (Decrease) in Operating Assets Accounts payable and accrued liabilities Increase (Decrease) in Operating Liabilities Net Cash Provided By Operating Activities Net Cash Provided by (Used in) Operating Activities Cash Flows From Investing Activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Additions to properties Payments to Acquire and Develop Real Estate Proceeds from Sale of Land Held-for-investment Proceeds from Sale of Land Held-for-investment Proceeds from Sale of Available-for-sale Securities Proceeds from Sale of Available-for-sale Securities Insurance proceeds for capital items at The Mall of San Juan (Note 9) Proceeds from Insurance Settlement, Investing Activities Funding development deposit (Note 2) Contributions to Unconsolidated Joint Ventures (Note 2) Payments to Acquire Interest in Joint Venture Distributions from Unconsolidated Joint Ventures in excess of income (Notes 1 and 2) Proceeds from Equity Method Investment, Distribution, Return of Capital Other Payments for (Proceeds from) Other Investing Activities Net Cash Used In Investing Activities Net Cash Provided by (Used in) Investing Activities Cash Flows From Financing Activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Proceeds from revolving lines of credit, net Proceeds from (Repayments of) Lines of Credit Debt proceeds Proceeds from Issuance of Long-term Debt Debt payments Repayments of Long-term Debt Debt issuance costs Payments of Debt Issuance Costs Issuance of common stock and/or TRG Units in connection with incentive plans Proceeds and Excess Tax Benefit from Share-based Compensation Distributions to noncontrolling interests Payments of Ordinary Dividends, Noncontrolling Interest Distributions to participating securities of TRG Payments of Distributions to Affiliates Cash dividends to preferred shareowners Payments of Ordinary Dividends, Preferred Stock and Preference Stock Cash dividends to common shareowners Payments of Ordinary Dividends, Common Stock Net Cash Provided By (Used In) Financing Activities Net Cash Provided by (Used in) Financing Activities Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (Note 13) Net Increase (Decrease) In Cash, Cash Equivalents, and Restricted Cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (Note 13) Cash, Cash Equivalents, and Restricted Cash at End of Period (Note 13) Income Statement [Abstract] Revenues: Revenues [Abstract] Minimum rents Operating Leases, Income Statement, Minimum Lease Revenue Overage rents Operating Leases, Income Statement, Percentage Revenue Expense recoveries Management, leasing, and development services Other Other Income Total Revenues Revenues Expenses: Operating Expenses [Abstract] Maintenance, taxes, utilities, and promotion Maintenance, taxes, and utilities Total of maintenance costs, property taxes, utility costs, and promotion costs Other operating Other Cost and Expense, Operating Management, leasing, and development services Management, leasing, and development service Costs of providing management, leasing, and development services to third parties General and administrative General and Administrative Expense Restructuring charge (Note 1) Costs associated with shareowner activism (Note 1) Interest expense Depreciation and amortization Operating Expenses Operating Expenses Nonoperating income, net (Notes 9 and 11) Nonoperating Income (Expense) Income before income tax expense and equity in income of Unconsolidated Joint Ventures Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest Income tax benefit (expense) (Note 3) Income Tax Expense (Benefit) Equity in income of Unconsolidated Joint Ventures (Note 4) Net income Net income attributable to noncontrolling interests (Note 6) Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest Net income attributable to Taubman Centers, Inc. Net Income (Loss) Attributable to Parent Distributions to participating securities of TRG (Note 8) Other Preferred Stock Dividends and Adjustments Preferred stock dividends Dividends, Preferred Stock Net income attributable to Taubman Centers, Inc. common shareowners Other comprehensive income (Note 12): Other Comprehensive Income (Loss), Net of Tax [Abstract] Unrealized gain (loss) on interest rate instruments and other Cumulative translation adjustment Reclassification adjustment for amounts recognized in net income Other comprehensive income (loss) Other Comprehensive Income (Loss), Net of Tax Comprehensive income Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Comprehensive income attributable to noncontrolling interests Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Comprehensive income attributable to Taubman Centers, Inc. Comprehensive Income (Loss), Net of Tax, Attributable to Parent Basic earnings per common share (Note 10) Diluted earnings per common share (Note 10) Cash dividends declared per common share Common Stock, Dividends, Per Share, Declared Weighted average number of common shares outstanding – basic Assets: Assets [Abstract] Properties Real Estate Investment Property, at Cost Accumulated depreciation and amortization Real Estate Investment Property, Accumulated Depreciation Real Estate Investment Property, Net Real Estate Investment Property, Net Investment in Unconsolidated Joint Ventures (Notes 2 and 4) Cash and cash equivalents (Note 13) Restricted cash (Note 13) Accounts and notes receivable, less allowance for doubtful accounts of $12,022 and $10,237 in 2018 and 2017 Accounts and Notes Receivable, Net Accounts receivable from related parties Due from Related Parties Deferred charges and other assets Deferred Costs and Other Assets Total Assets Assets Liabilities: Liabilities [Abstract] Notes payable, net (Note 5) Accounts payable and accrued liabilities Accounts Payable and Accrued Liabilities Distributions in excess of investments in and net income of Unconsolidated Joint Ventures (Note 4) Total Liabilities Liabilities Commitments and contingencies (Notes 5, 6, 7, 8, and 9) Commitments and Contingencies Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract] Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract] Redeemable noncontrolling interest (Note 6) Equity (Deficit): Stockholders' Equity Attributable to Parent [Abstract] Series B Non-Participating Convertible Preferred Stock, $0.001 par and liquidation value, 40,000,000 shares authorized, 24,918,773 and 24,938,114 shares issued and outstanding at September 30, 2018 and December 31, 2017 Preferred Stock, Value, Issued Common Stock, $0.01 par value, 250,000,000 shares authorized, 61,012,282 and 60,832,918 shares issued and outstanding at September 30, 2018 and December 31, 2017 Common Stock, Value, Issued Additional paid-in capital Additional Paid in Capital Accumulated other comprehensive income (loss) (Notes 1, 7, and 12) Dividends in excess of net income (Notes 1 and 7) Accumulated Distributions in Excess of Net Income Stockholders' Equity Attributable to Parent Stockholders' Equity Attributable to Parent Noncontrolling interests (Note 6) Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest Total Liabilities and Equity Liabilities and Equity Accounting Changes [Text Block] Accounting Changes [Text Block] Revenue from Contract with Customer [Text Block] Revenue from Contract with Customer [Text Block] Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] Fair Value Disclosures Fair Value Disclosures [Text Block] EX-101.PRE 12 tco-20180930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 13 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information Document - shares
 9 Months Ended
Sep. 30, 2018
Oct. 29, 2018
Entity Information [Line Items]    
Entity Registrant Name TAUBMAN CENTERS INC.  
Entity Central Index Key 0000890319  
Current Fiscal Year End Date --12-31  
Entity Filer Category Large Accelerated Filer  
Document Type 10-Q  
Document Period End Date Sep. 30, 2018  
Document Fiscal Year Focus 2018  
Document Fiscal Period Focus Q3  
Amendment Flag false  
Entity Common Stock, Shares Outstanding   61,065,292
Entity Well-known Seasoned Issuer Yes  
Entity Voluntary Filers No  
Entity Current Reporting Status Yes  
XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEET - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Assets:    
Properties $ 4,661,616,000 $ 4,461,045,000
Accumulated depreciation and amortization (1,382,881,000) (1,276,916,000)
Real Estate Investment Property, Net 3,278,735,000 3,184,129,000
Investment in Unconsolidated Joint Ventures (Notes 2 and 4) 673,219,000 605,629,000
Cash and cash equivalents (Note 13) 38,037,000 42,499,000
Restricted cash (Note 13) 95,254,000 121,905,000
Accounts and notes receivable, less allowance for doubtful accounts of $12,022 and $10,237 in 2018 and 2017 81,483,000 78,566,000
Accounts receivable from related parties 1,783,000 1,365,000
Deferred charges and other assets 167,208,000 180,499,000
Total Assets 4,335,719,000 4,214,592,000
Liabilities:    
Notes payable, net (Note 5) 3,793,278,000 3,555,228,000
Accounts payable and accrued liabilities 300,398,000 307,041,000
Distributions in excess of investments in and net income of Unconsolidated Joint Ventures (Note 4) 480,622,000 494,851,000
Total Liabilities 4,574,298,000 4,357,120,000
Commitments and contingencies (Notes 5, 6, 7, 8, and 9)
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]    
Redeemable noncontrolling interest (Note 6) 7,500,000 7,500,000
Equity (Deficit):    
Series B Non-Participating Convertible Preferred Stock, $0.001 par and liquidation value, 40,000,000 shares authorized, 24,918,773 and 24,938,114 shares issued and outstanding at September 30, 2018 and December 31, 2017 25,000 25,000
Common Stock, $0.01 par value, 250,000,000 shares authorized, 61,012,282 and 60,832,918 shares issued and outstanding at September 30, 2018 and December 31, 2017 610,000 608,000
Additional paid-in capital 678,905,000 675,333,000
Accumulated other comprehensive income (loss) (Notes 1, 7, and 12) (15,763,000) (6,919,000)
Dividends in excess of net income (Notes 1 and 7) (711,855,000) (646,807,000)
Stockholders' Equity Attributable to Parent (48,078,000) 22,240,000
Noncontrolling interests (Note 6) (198,001,000) (172,268,000)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (246,079,000) (150,028,000)
Total Liabilities and Equity $ 4,335,719,000 $ 4,214,592,000
XML 15 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Allowance for doubtful accounts $ 12,022,000 $ 10,237,000
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 250,000,000 250,000,000
Common stock, shares issued 61,012,282 60,832,918
Common stock, shares outstanding 61,012,282 60,832,918
Series B Preferred Stock [Member]    
Preferred Stock, par value $ 0.001 $ 0.001
Preferred Stock, liquidation preference per share $ 0.001 $ 0.001
Preferred Stock, shares authorized 40,000,000 40,000,000
Preferred Stock, shares issued 24,918,773 24,938,114
Preferred Stock, shares outstanding 24,918,773 24,938,114
Series J Preferred Stock [Member]    
Preferred Stock, par value $ 0 $ 0
Preferred Stock, liquidation preference $ 192,500,000 $ 192,500,000
Preferred Stock, shares authorized 7,700,000 7,700,000
Preferred Stock, shares issued 7,700,000 7,700,000
Preferred Stock, shares outstanding 7,700,000 7,700,000
Series K Preferred Stock [Member]    
Preferred Stock, par value $ 0 $ 0
Preferred Stock, liquidation preference $ 170,000,000 $ 170,000,000
Preferred Stock, shares authorized 6,800,000 6,800,000
Preferred Stock, shares issued 6,800,000 6,800,000
Preferred Stock, shares outstanding 6,800,000 6,800,000
XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Minimum rents $ 87,306 $ 84,487 $ 261,711 $ 255,577
Overage rents 3,263 3,600 7,453 7,354
Expense recoveries 52,096 51,960 154,177 154,385
Management, leasing, and development services 860 1,147 2,480 3,439
Other 15,595 12,028 47,560 36,226
Total Revenues 159,120 153,222 473,381 456,981
Expenses:        
Maintenance, taxes, utilities, and promotion 38,149 42,351 113,871 121,581
Other operating 19,253 23,939 64,153 65,356
Management, leasing, and development services 476 524 1,186 1,698
General and administrative 8,530 9,482 25,545 29,649
Restructuring charge (Note 1) 1,751 (423) 4,063
Costs associated with shareowner activism (Note 1) 1,500 3,500 10,000 12,000
Interest expense 33,396 27,782 97,242 80,074
Depreciation and amortization 46,307 45,805 124,325 122,958
Operating Expenses 147,611 155,134 435,899 437,379
Nonoperating income, net (Notes 9 and 11) 8,700 2,494 13,858 8,347
Income before income tax expense and equity in income of Unconsolidated Joint Ventures 20,209 582 51,340 27,949
Income tax benefit (expense) (Note 3) 996 (54) 784 (375)
Equity in income of Unconsolidated Joint Ventures (Note 4) 16,910 13,723 50,680 47,099
Net income 38,115 14,251 102,804 74,673
Net income attributable to noncontrolling interests (Note 6) (10,756) (3,528) (28,781) (20,581)
Net income attributable to Taubman Centers, Inc. 27,359 10,723 74,023 54,092
Distributions to participating securities of TRG (Note 8) (599) (576) (1,797) (1,723)
Preferred stock dividends (5,784) (5,784) (17,353) (17,353)
Net income attributable to Taubman Centers, Inc. common shareowners 20,976 4,363 54,873 35,016
Other comprehensive income (Note 12):        
Unrealized gain (loss) on interest rate instruments and other 1,552 (307) 11,384 (8,072)
Cumulative translation adjustment (15,377) 9,076 (22,224) 19,528
Reclassification adjustment for amounts recognized in net income (469) 1,034 (699) 5,311
Other comprehensive income (loss) (14,294) 9,803 (11,539) 16,767
Comprehensive income 23,821 24,054 91,265 91,440
Comprehensive income attributable to noncontrolling interests (6,610) (6,385) (25,435) (25,467)
Comprehensive income attributable to Taubman Centers, Inc. $ 17,211 $ 17,669 $ 65,830 $ 65,973
Basic earnings per common share (Note 10) $ 0.34 $ 0.07 $ 0.90 $ 0.58
Diluted earnings per common share (Note 10) 0.34 0.07 0.90 0.58
Cash dividends declared per common share $ 0.6550 $ 0.6250 $ 1.9650 $ 1.8750
Weighted average number of common shares outstanding – basic 61,001,357 60,710,184 60,970,572 60,654,026
XML 17 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Distributions in Excess of Net Income [Member]
Noncontrolling Interest [Member]
Former Taubman Asia Redeemable Noncontrolling Interest [Member]
Balance at Dec. 31, 2016 $ (70,703,000) $ 25,000 $ 604,000 $ 657,281,000 $ (35,916,000) $ (549,914,000) $ (142,783,000)  
Balance (in shares) at Dec. 31, 2016   39,529,059 60,430,613          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of stock pursuant to Continuing Offer (Notes 8 and 9) 0   $ 1,000 (1,000)        
Issuance of stock pursuant to Continuing Offer (Notes 8 and 9), shares   (90,845) 90,850          
Share-based compensation under employee and director benefit plans (Note 8) 10,492,000   $ 2,000 10,490,000        
Share-based compensation under employee and director benefit plans (Note 8), shares     190,574          
Former Taubman Asia President redeemable equity adjustment (Note 6) 446,000     (446,000)       $ 446,000
Adjustments of noncontrolling interests (Note 6) (721,000)     (490,000) (16,000)   (215,000)  
Dividends and distributions (188,452,000)         (132,884,000)    
Distributions to noncontrolling interests             (55,568,000)  
Other (Note 1) (257,000)     2,000   (259,000)  
Net income (excludes net loss attributable to redeemable noncontrolling interest) (Note 6) 75,394,000         54,092,000 21,302,000  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest (721,000)             (721,000)
Unrealized gain (loss) on interest rate instruments and other (8,072,000)       (5,721,000)   (2,351,000)  
Cumulative translation adjustment 19,528,000       13,839,000   5,689,000  
Reclassification adjustment for amounts recognized in net income 5,311,000       3,763,000   1,548,000  
Balance at Sep. 30, 2017 (157,926,000) $ 25,000 $ 607,000 666,836,000 (24,051,000) (628,965,000) (172,378,000)  
Balance (in shares) at Sep. 30, 2017   39,438,214 60,712,037          
Balance at Dec. 31, 2017 (150,028,000) $ 25,000 $ 608,000 675,333,000 (6,919,000) (646,807,000) (172,268,000)  
Balance (in shares) at Dec. 31, 2017   39,438,114 60,832,918          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of stock pursuant to Continuing Offer (Notes 8 and 9) 0          
Issuance of stock pursuant to Continuing Offer (Notes 8 and 9), shares   (19,341) 21,802          
Share-based compensation under employee and director benefit plans (Note 8) 3,785,000   $ 2,000 3,783,000        
Share-based compensation under employee and director benefit plans (Note 8), shares     157,562          
Former Taubman Asia President redeemable equity adjustment (Note 6)              
Adjustments of noncontrolling interests (Note 6) (135,000)     (211,000) 26,000   50,000  
Dividends and distributions (190,086,000)         (139,011,000)    
Distributions to noncontrolling interests             (51,075,000)  
Other (Note 1) (1,015,000)     (678,000) (60,000) (277,000)  
Net income (excludes net loss attributable to redeemable noncontrolling interest) (Note 6) 102,939,000         74,023,000 28,916,000  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest (135,000)             $ (135,000)
Unrealized gain (loss) on interest rate instruments and other 11,384,000       8,081,000   3,303,000  
Cumulative translation adjustment (22,224,000)       (15,777,000)   (6,447,000)  
Reclassification adjustment for amounts recognized in net income (699,000)       (496,000)   (203,000)  
Balance at Sep. 30, 2018 $ (246,079,000) $ 25,000 $ 610,000 $ 678,905,000 $ (15,763,000) $ (711,855,000) $ (198,001,000)  
Balance (in shares) at Sep. 30, 2018   39,418,773 61,012,282          
XML 18 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows From Operating Activities:    
Net income $ 102,804 $ 74,673
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 124,325 122,958
Provision for bad debts 4,359 7,612
Gains on sales of peripheral land (1,034) (945)
Fair value adjustment for marketable equity securities (Notes 1 and 11) (4,073)
Income from Unconsolidated Joint Ventures (less than) in excess of distributions (Note 1) (1,411) 5,931
Other 11,418 13,349
Decrease in cash attributable to changes in assets and liabilities:    
Receivables, deferred charges, and other assets (15,426) (14,844)
Accounts payable and accrued liabilities (11,243) (2,169)
Net Cash Provided By Operating Activities 209,719 206,565
Cash Flows From Investing Activities:    
Additions to properties (220,744) (249,845)
Proceeds from Sale of Land Held-for-investment 1,260 1,300
Proceeds from Sale of Available-for-sale Securities 27,626
Insurance proceeds for capital items at The Mall of San Juan (Note 9) 5,768
Funding development deposit (Note 2) (10,998)
Contributions to Unconsolidated Joint Ventures (Note 2) (94,245) (3,524)
Distributions from Unconsolidated Joint Ventures in excess of income (Notes 1 and 2) 1,474 74,696
Other 67 64
Net Cash Used In Investing Activities (278,794) (188,307)
Cash Flows From Financing Activities:    
Proceeds from revolving lines of credit, net 215,741 152,190
Debt proceeds 800,000 336,749
Debt payments (775,776) (307,064)
Debt issuance costs (4,727) (6,665)
Issuance of common stock and/or TRG Units in connection with incentive plans (2,306) 1,642
Distributions to noncontrolling interests (51,075) (55,568)
Distributions to participating securities of TRG (1,797) (1,723)
Cash dividends to preferred shareowners (17,353) (17,353)
Cash dividends to common shareowners (119,861) (113,808)
Net Cash Provided By (Used In) Financing Activities 42,846 (11,600)
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (Note 13) (4,884) (380)
Net Increase (Decrease) In Cash, Cash Equivalents, and Restricted Cash (31,113) 6,278
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (Note 13) 164,404 152,965
Cash, Cash Equivalents, and Restricted Cash at End of Period (Note 13) $ 133,291 $ 159,243
XML 19 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Interim Financial Statements
 9 Months Ended
Sep. 30, 2018
Notes to Financial Statements [Abstract]  
Interim Financial Statements
Interim Financial Statements

General

Taubman Centers, Inc. (the Company or TCO) is a Michigan corporation that operates as a self-administered and self-managed real estate investment trust (REIT). The Taubman Realty Group Limited Partnership (the Operating Partnership or TRG) is a majority-owned partnership subsidiary of TCO that owns direct or indirect interests in all of the Company’s real estate properties. In this report, the term “Company" refers to TCO, the Operating Partnership, and/or the Operating Partnership's subsidiaries as the context may require. The Company engages in the ownership, management, leasing, acquisition, disposition, development, and expansion of retail shopping centers and interests therein. The Company’s owned portfolio as of September 30, 2018 included 23 urban and suburban shopping centers operating in 11 U.S. states, Puerto Rico, South Korea, and China. Taubman Properties Asia LLC and its subsidiaries (Taubman Asia), which is the platform for the Company’s operations in China and South Korea, as well as any developments in Asia, is headquartered in Hong Kong.

In May 2018, the Company closed on a redevelopment agreement for Taubman Prestige Outlets Chesterfield. As of May 1, 2018, all operations at the center, as well as the building and improvements, were transferred to The Staenberg Group (“TSG”), and TSG leases the land from the Company through a long-term, participating ground lease. Both the Company and TSG have the ability to terminate the ground lease in the event that a redevelopment has not begun within five years, with the buildings and improvements reverting to the Company upon such a termination. The Company will defer recognition of a sale of the building and improvements and maintain the property on its Consolidated Balance Sheet until the foregoing termination right is no longer available to the parties, with this right ceasing upon TSG commencing a redevelopment. The shopping center has been excluded from the Company's owned shopping center portfolio disclosure above.

The unaudited interim financial statements should be read in conjunction with the audited financial statements and related notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2017. In the opinion of management, all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the financial statements for the interim periods have been made. The results of interim periods are not necessarily indicative of the results for a full year.

Dollar amounts presented in tables within the notes to the financial statements are stated in thousands, except share data or as otherwise noted.

Consolidation

The consolidated financial statements of the Company include all accounts of the Company, the Operating Partnership, and its consolidated subsidiaries, including The Taubman Company LLC (the Manager) and Taubman Asia. All intercompany transactions have been eliminated. The entities included in these consolidated financial statements are separate legal entities and maintain records and books of account separate from any other entity. However, inclusion of these separate entities in the consolidated financial statements does not mean that the assets and credit of each of these legal entities are available to satisfy the debts or other obligations of any other such legal entity included in the consolidated financial statements.

In determining the method of accounting for partially owned joint ventures, the Company evaluates the characteristics of associated entities and determines whether an entity is a variable interest entity (VIE), and, if so, determines whether the Company is the primary beneficiary by analyzing whether the Company has both the power to direct the entity's significant economic activities and the obligation to absorb potentially significant losses or receive potentially significant benefits. Significant judgments and assumptions inherent in this analysis include the nature of the entity's operations, the entity's financing and capital structure, and contractual relationship and terms, including consideration of governance and decision making rights. The Company consolidates a VIE when it has determined that it is the primary beneficiary. All of the Company’s consolidated joint ventures, including the Operating Partnership, meet the definition and criteria as VIEs, as either the Company or an affiliate of the Company is the primary beneficiary of each VIE.

The Company’s sole significant asset is its investment in the Operating Partnership and, consequently, substantially all of the Company’s consolidated assets and liabilities are assets and liabilities of the Operating Partnership. All of the Company’s debt (Note 5) is an obligation of the Operating Partnership or its consolidated subsidiaries. Note 5 also provides disclosure of guarantees provided by the Operating Partnership to certain consolidated joint ventures. Note 6 provides additional disclosures of the carrying balance of the noncontrolling interests in its consolidated joint ventures and other information, including a description of certain rights of the noncontrolling owners.

Investments in entities not controlled but over which the Company may exercise significant influence (Unconsolidated Joint Ventures or UJVs) are accounted for under the equity method. The Company has evaluated its investments in the Unconsolidated Joint Ventures under guidance for determining whether an entity is a VIE and has concluded that the ventures are not VIEs. Accordingly, the Company accounts for its interests in these entities under general accounting standards for investments in real estate ventures (including guidance for determining effective control of a limited partnership or similar entity). The Company’s partners or other owners in these Unconsolidated Joint Ventures have substantive participating rights including approval rights over annual operating budgets, capital spending, financing, admission of new partners/members, or sale of the properties and the Company has concluded that the equity method of accounting is appropriate for these interests. Specifically, the Company’s 79% and 50.1% investments in Westfarms and International Plaza, respectively, are through general partnerships in which the other general partners have participating rights over annual operating budgets, capital spending, refinancing, or sale of the property. The Company provides its beneficial interest in certain financial information of its Unconsolidated Joint Ventures (Notes 4 and 5). This beneficial information is derived as the Company's ownership interest in the investee multiplied by the specific financial statement item being presented. Investors are cautioned that deriving the Company's beneficial interest in this manner may not accurately depict the legal and economic implications of holding a noncontrolling interest in the investee.

Ownership

In addition to common stock, there were three classes of preferred stock outstanding (Series B, J, and K) as of September 30, 2018. Dividends on the 6.5% Series J Cumulative Redeemable Preferred Stock (Series J Preferred Stock) and the 6.25% Series K Cumulative Redeemable Preferred Stock (Series K Preferred Stock) are cumulative and are paid on the last business day of each calendar quarter. The Company owns corresponding Series J and Series K Preferred Equity interests in the Operating Partnership that entitle the Company to income and distributions (in the form of guaranteed payments) in amounts equal to the dividends payable on the Company’s Series J and Series K Preferred Stock.

The Company also is obligated to issue to partners in the Operating Partnership other than the Company, upon subscription, one share of nonparticipating Series B Preferred Stock per each unit of limited partnership in TRG (TRG Unit). The Series B Preferred Stock entitles its holders to one vote per share on all matters submitted to the Company’s shareowners and votes together with the common stock on such matters as a single class. The holders of Series B Preferred Stock are not entitled to dividends or earnings. The Series B Preferred Stock is convertible into common stock at a ratio of 14,000 shares of Series B Preferred Stock for one share of common stock.

Outstanding voting securities of the Company at September 30, 2018 consisted of 24,918,773 shares of Series B Preferred Stock and 61,012,282 shares of common stock.

The Operating Partnership

At September 30, 2018, the Operating Partnership’s equity included two classes of preferred equity (Series J and K) and the net equity of the TRG unitholders. Net income and distributions of the Operating Partnership are allocable first to the preferred equity interests, and the remaining amounts to the general and limited partners in the Operating Partnership in accordance with their percentage ownership. The Series J and Series K Preferred Equity are owned by the Company and are eliminated in consolidation.

The Company's ownership in the Operating Partnership at September 30, 2018 consisted of a 71% managing general partnership interest, as well as the Series J and Series K Preferred Equity interests. The Company's average ownership percentage in the Operating Partnership for both the nine months ended September 30, 2018 and 2017 was 71%. At September 30, 2018, the Operating Partnership had 85,945,815 TRG Units outstanding, of which the Company owned 61,012,282 TRG Units. Disclosures about TRG Units outstanding exclude TRG Profits Units granted or other share-based grants for which TRG Units may eventually be issued (Note 8).

Restructuring Charge

The Company has been undergoing a restructuring to reduce its workforce and reorganize various areas of the organization in response to the completion of another major development cycle and the current near-term challenges facing the U.S. mall industry. During the nine months ended September 30, 2018, the Company recorded a change in estimate to previously recognized charges resulting in a reversal of expense of $0.4 million. There was no adjustment recorded to the restructuring charge during the three months ended September 30, 2018. During the three and nine months ended September 30, 2017, the Company incurred $1.8 million and $4.1 million, respectively, of expenses related to the restructuring. These expenses and adjustments thereto have been separately classified as Restructuring Charge on the Consolidated Statement of Operations and Comprehensive Income. As of September 30, 2018, $0.2 million of the restructuring costs recognized during 2017 and 2018 were unpaid and remained accrued.    

Costs Associated with Shareowner Activism

During the three and nine months ended September 30, 2018, the Company incurred $1.5 million and $10.0 million, respectively, of expense associated with activities related to shareowner activism, largely legal and advisory services. During the three and nine months ended September 30, 2017, the Company incurred $3.5 million and $12.0 million, respectively, of expense associated with shareowner activism. Also included in the activism costs is a retention program for certain employees. Given the uncertainties associated with shareowner activism and to ensure the retention of top talent in key positions within the Company, certain key employees were provided certain incentive benefits in the form of cash and/or equity retention awards. The Company and the Board of Directors believe these benefits are instrumental in ensuring the continued success of the Company during the retention period. Due to the unusual and infrequent nature of these expenses in the Company's history, they have been separately classified as Costs Associated with Shareowner Activism on the Company's Consolidated Statement of Operations and Comprehensive Income. Unvested incentive benefits under the retention awards as of September 30, 2018 were $1.9 million, which will be recognized as service is rendered through December 31, 2019.

Management’s Responsibility to Evaluate the Company’s Ability to Continue as a Going Concern

When preparing financial statements for each annual and interim reporting period, management has the responsibility to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued. No such conditions or events were identified as of the issuance date of the financial statements contained in this Quarterly Report on Form 10-Q.

Change in Accounting Policies

Recognition and Measurement of Financial Assets and Financial Liabilities

On January 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities", which changed certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. As such, the Company now measures equity investments at fair value through net income, except for those that result in consolidation or are accounted for under the equity method. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjustment to reclassify $1.0 million of historical unrealized gains on the fair value adjustments as of December 31, 2017 of its investment in Simon Property Group (SPG) common shares from Accumulated Other Comprehensive Income (Loss) (AOCI) to Dividends in Excess of Net Income on the Company's Consolidated Balance Sheet. Beginning in January 2018, changes in the fair value of any outstanding SPG common shares are being recorded in Nonoperating Income, Net on the Company's Consolidated Statement of Operations and Comprehensive Income (Note 11).

Cash Flow Statement Presentation

On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows. As a result, the Company changed the presentation of its Consolidated Statement of Cash Flows for both the nine months ended September 30, 2018 and 2017 to include restricted cash. Refer to Note 13 for a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU, the Company revisited its accounting policies and presentation in regards to cash, deposits, and other investments subject to restrictions. In doing so, the Company reclassified $119.2 million from Deferred Charges and Other Assets to Restricted Cash on the Consolidated Balance Sheet as of December 31, 2017, to conform to current year classifications.

On January 1, 2018, the Company adopted ASU No. 2016-15, "Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments", which clarified the presentation of certain cash receipts and payments, including the classification of distributions received from equity method investees, on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU on January 1, 2018, the Company re-evaluated its current methodology and retrospectively changed the presentation of the Consolidated Statement of Cash Flows for the nine months ended September 30, 2017 to re-classify prior year balances to correspond with current year classifications, specifically related to distributions received from equity method investees.

Adoption of Accounting Standards Codification (ASC) Topic 606 ("Revenue from Contracts with Customers")

General

On January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers. ASC Topic 606 provides a single comprehensive model to use in accounting for revenue arising from contracts with customers, and gains and losses arising from transfers of non-financial assets including sales of property and equipment, real estate, and intangible assets. The Company adopted ASC Topic 606 for all applicable contracts using the modified retrospective method, which would have required a cumulative-effect adjustment, if any, as of the date of adoption. The adoption of ASC Topic 606 did not have a material impact on the Company's consolidated financial statements as of the date of adoption, and therefore a cumulative-effect adjustment was not required.

The Company applied ASC Topic 606 using certain practical expedients. As a result of this election, the Company will not disclose the aggregate amount of the transaction price for unsatisfied, or partially unsatisfied, performance obligations for all contracts with an original expected length of one year or less and management contracts for which the Company recognizes revenue based on its right to invoice for management, leasing, and development services performed. Refer to the "Nature of Services and Performance Obligations" section for further discussion of these services.

Disaggregation of Revenue

The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company’s disaggregation of consolidated revenues for this purpose.
 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
 
2018
 
2017
 
2018
 
2017
Expense recoveries
 
$
52,096

 
$
51,960

 
$
154,177

 
$
154,385

Shopping center and other operational revenues (1)
 
12,303

 
10,948

 
33,940

 
29,452

Management, leasing, and development services
 
860

 
1,147

 
2,480

 
3,439

Total revenue from contracts with customers
 
$
65,259

 
$
64,055

 
$
190,597


$
187,276


(1)
Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income.



Nature of Services and Performance Obligations

Expense recoveries revenue represents reimbursements from mall tenants for (1) services performed by the Company to the benefit of all mall tenants and the property as a whole for common area maintenance, (2) insurance, property taxes, and utilities, and (3) promotion and other miscellaneous charges. As these expense recoveries are provided for under tenant lease agreements, these revenues will not be evaluated under ASC Topic 606 until the Company's adoption of ASU No. 2016-02, Leases, which will be adopted as of January 1, 2019.

Shopping center and other operational revenues represent a collection of non-core revenue streams that are generated through the course of owning and operating a shopping center, including sponsorship, parking, and storage income, as well as revenues from food and beverage operations. The contracts for these revenue streams are predominately short-term in nature and individually do not contain more than one performance obligation. The Company satisfies its performance obligations related to shopping center and other operational revenues either over time or at a point in time, depending on the specific nature of the revenue generating activity. For performance obligations that are satisfied at a point in time, including food and beverage and parking income, the control of the good or service is immediately transferred to the customer upon completion of the performance obligation. Payment terms related to shopping center and other operational revenues vary depending on the nature of the agreement, however, payment is generally due directly upon the satisfaction of the related performance obligation.

Management, leasing, and development services revenue represents income from various services performed by the Company for its third party customers, as provided for under management agreements. These services typically generate fees that are based on operating results of the shopping centers, the execution and opening of mall tenants, and/or the successful completion of other agreed-upon services. As each management agreement provides for a variety of services, significant judgment is required to identify multiple performance obligations. The standalone selling price of each performance obligation is determined based on the terms of the management agreement and the specific services being rendered. Each performance obligation is considered to be satisfied over time as services are rendered. The related revenue is recognized upon billing, as the amounts invoiced generally correspond directly with the value the customer is receiving from the services. Customers are invoiced on quarterly basis and payment is generally due within 30 days of each calendar quarter.

Information about Contract Balances and Unsatisfied Performance Obligations

Contract assets exist when the Company has a right to payment for services rendered that remains conditional on factors other than the passage of time. Similarly, contract liabilities are incurred when customers prepay for services to be rendered. Certain revenue streams within shopping center and other operational revenues may give rise to contract assets and liabilities. However, these revenue streams are generally short-term in nature and the difference between revenue recognition and cash collection, although variable, does not differ significantly from period to period. As of September 30, 2018, the Company had an inconsequential amount of contract assets and liabilities.

The aggregate amount of the transaction price allocated to the Company's performance obligations that were unsatisfied, or partially unsatisfied, as of September 30, 2018 were inconsequential.
XML 20 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Disposition, Redevelopments, and Developments
 9 Months Ended
Sep. 30, 2018
Acquisition, Redevelopments, and Developments [Abstract]  
Disposition, Redevelopments, and Developments [Text Block]
Disposition, Redevelopments, and Developments

Disposition

Valencia Place Office Tower at Country Club Plaza

In March 2017, the Company's joint venture with The Macerich Company sold the Valencia Place office tower at Country Club Plaza for $75.2 million ($37.6 million at TRG's beneficial share), which was a component of the mixed-use property at the center. The joint venture recognized a gain on this sale, of which TRG's beneficial share, net of tax, was $2.1 million. The gain was included within Equity in income of Unconsolidated Joint Ventures on the Consolidated Statement of Operations and Comprehensive Income as the Company's 50% ownership interest in the office tower was accounted for as an Unconsolidated Joint Venture under the equity method.

Redevelopments

The Company has ongoing redevelopment projects at Beverly Center and The Mall at Green Hills, which are expected to be completed in 2018 and 2019, respectively. In total, these two redevelopment projects are expected to cost approximately $700 million. As of September 30, 2018, the Company's total capitalized costs related to these redevelopment projects were $536.5 million.

Asia Developments

Operating Center

CityOn.Zhengzhou, a shopping center located in Zhengzhou, China, opened in March 2017. This investment is classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.

South Korea Projects

The Company has partnered with Shinsegae Group, the Company's partner in Starfield Hanam, to build, lease, and manage Starfield Anseong, an approximately 1.1 million square foot shopping center in Anseong, Gyeonggi Province, South Korea. The Company expects to beneficially own a 24.5% interest in the project; however the Company currently owns and is funding 49% of the project until an additional capital partner is admitted. The center is scheduled to open in late 2020. As of September 30, 2018, the Company has invested $96.2 million in the project, after cumulative currency translation adjustments. This investment is classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.

The Company was previously exploring an additional development opportunity in South Korea with Shinsegae Group. In March 2017, the Company made a refundable deposit of $11.0 million relating to a potential development site. After performing due diligence, the Company decided not to proceed with the project. The deposit, including a 5% return, was returned to the Company in November 2017.
XML 21 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes
 9 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes

Income Tax Expense (Benefit)

The Company’s income tax expense (benefit) for the three and nine months ended September 30, 2018 and 2017 consisted of the following:

 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Federal current
$
(433
)
 
$
253

 
$
(373
)
 
$
(1,103
)
Federal deferred
(711
)
 
(204
)
 
(1,059
)
 
823

Foreign current
223

 
370

 
857

 
712

Foreign deferred
50

 
(176
)
 
(74
)
 
(136
)
State current
(113
)
 
(202
)
 
(110
)
 
(61
)
State deferred
(12
)
 
13

 
(25
)
 
140

Total income tax expense (benefit)
$
(996
)

$
54


$
(784
)
 
$
375



Deferred Taxes

Deferred tax assets and liabilities as of September 30, 2018 and December 31, 2017 were as follows:

 
2018
 
2017
Deferred tax assets:
 
 
 
Federal
$
5,665

(1) 
$
503

Foreign
1,816

 
1,788

State
1,037

 
545

Total deferred tax assets
$
8,518

 
$
2,836

Valuation allowances
(2,291
)
 
(1,620
)
Net deferred tax assets
$
6,227

 
$
1,216

Deferred tax liabilities:
 
 
 

Foreign
$
1,863

 
$
1,517

Total deferred tax liabilities
$
1,863

 
$
1,517



(1)
During 2018, a $4.1 million deferred tax asset was recognized for the Federal investment tax credit generated from solar equipment placed in service. A corresponding reduction in properties assets was recorded to reflect the deferral method of accounting for tax credits.

During the fourth quarter of 2017, the Tax Cuts and Jobs Act of 2017 was signed into law and reduced the corporate tax rate from 34% down to 21%. All Federal deferred tax assets and liabilities have been reported at the new 21% Federal corporate rate.

The Company believes that it is more likely than not that the results of future operations will generate sufficient taxable income to recognize the net deferred tax assets. These future operations are primarily dependent upon the Manager’s profitability, the timing and amounts of gains on peripheral land sales, the profitability of Taubman Asia's operations, and other factors affecting the results of operations of the taxable REIT subsidiaries. The valuation allowances relate to net operating loss carryforwards and tax basis differences where there is uncertainty regarding their realizability.
XML 22 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments in Unconsolidated Joint Ventures
 9 Months Ended
Sep. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Joint Ventures
Investments in Unconsolidated Joint Ventures

General Information

The Company owns beneficial interests in joint ventures that own shopping centers. The Operating Partnership is the sole direct or indirect managing general partner or managing member of Fair Oaks Mall, International Plaza, Stamford Town Center, Sunvalley, The Mall at University Town Center, and Westfarms; however, these joint ventures are accounted for under the equity method due to the substantive participation rights of the outside partners. The Operating Partnership also provides certain management, leasing, and/or development services to the other shopping centers noted below.
Shopping Center
 
Ownership as of
September 30, 2018 and
December 31, 2017
CityOn.Xi'an
 
50%
CityOn.Zhengzhou
 
49
Country Club Plaza
 
50
Fair Oaks Mall
 
50
International Plaza
 
50.1
The Mall at Millenia
 
50
Stamford Town Center
 
50
Starfield Anseong (under development)
 
Note 2
Starfield Hanam
 
34.3
Sunvalley
 
50
The Mall at University Town Center
 
50
Waterside Shops
 
50
Westfarms
 
79



The Company's carrying value of its investment in Unconsolidated Joint Ventures differs from its share of the partnership or members’ equity reported on the combined balance sheet of the Unconsolidated Joint Ventures due to (i) the Company's cost of its investment in excess of the historical net book values of the Unconsolidated Joint Ventures and (ii) the Operating Partnership’s adjustments to the book basis, including intercompany profits on sales of services that are capitalized by the Unconsolidated Joint Ventures. The Company's additional basis allocated to depreciable assets is recognized on a straight-line basis over 40 years. The Operating Partnership’s differences in bases are amortized over the useful lives or terms of the related assets and liabilities.

In its Consolidated Balance Sheet, the Company separately reports its investment in Unconsolidated Joint Ventures for which accumulated distributions have exceeded investments in and net income of the Unconsolidated Joint Ventures. The net equity of certain joint ventures is less than zero because distributions are usually greater than net income, as net income includes non-cash charges for depreciation and amortization. In addition, any distributions related to refinancing of the centers further decrease the net equity of the centers.
Combined Financial Information

Combined balance sheet and results of operations information is presented in the following table for the Unconsolidated Joint Ventures, followed by the Operating Partnership's beneficial interest in the combined operations information. The combined financial information of the Unconsolidated Joint Ventures as of September 30, 2018 excludes the balances of Starfield Anseong, which was under development as of September 30, 2018 (Note 2). Beneficial interest is calculated based on the Operating Partnership's ownership interest in each of the Unconsolidated Joint Ventures.

 
September 30,
2018
 
December 31,
2017
Assets:
 
 
 
Properties
$
3,709,976

 
$
3,756,890

Accumulated depreciation and amortization
(838,955
)
 
(767,678
)
 
$
2,871,021

 
$
2,989,212

Cash and cash equivalents
171,616

 
147,102

Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017
129,216

 
121,173

Deferred charges and other assets
125,357

 
136,837

 
$
3,297,210

 
$
3,394,324

 
 
 
 
Liabilities and accumulated equity (deficiency) in assets:
 

 
 

Notes payable, net 
$
2,822,403

 
$
2,860,384

Accounts payable and other liabilities
432,663

 
471,948

TRG's accumulated deficiency in assets
(53,500
)
 
(48,338
)
Unconsolidated Joint Venture Partners' accumulated equity in assets
95,644

 
110,330

 
$
3,297,210

 
$
3,394,324

 
 
 
 
TRG's accumulated deficiency in assets (above)
$
(53,500
)
 
$
(48,338
)
TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou
140,011

 
46,106

TRG basis adjustments, including elimination of intercompany profit
58,422

 
63,886

TCO's additional basis
47,664

 
49,124

Net investment in Unconsolidated Joint Ventures
$
192,597

 
$
110,778

Distributions in excess of investments in and net income of Unconsolidated Joint Ventures
480,622

 
494,851

Investment in Unconsolidated Joint Ventures
$
673,219

 
$
605,629



 
Three Months Ended September 30
 
  Nine Months Ended September 30
 
2018
 
2017
 
2018
 
2017
Revenues
$
146,973

 
$
146,406

 
$
446,608

 
$
429,679

Maintenance, taxes, utilities, promotion, and other operating expenses
$
50,140

 
$
59,494

 
$
155,321

 
$
159,854

Interest expense
33,199

 
32,108

 
99,316

 
97,198

Depreciation and amortization
32,791

 
31,907

 
98,727

 
95,103

Total operating costs
$
116,130

 
$
123,509

 
$
353,364

 
$
352,155

Nonoperating income, net
563

 
340

 
1,491

 
2,551

Income tax expense
(1,896
)
 
(276
)
 
(4,740
)
 
(4,139
)
Gain on disposition, net of tax (1)


 
 
 


 
3,713

Net income
$
29,510

 
$
22,961

 
$
89,995

 
$
79,649

 
 
 
 
 
 
 
 
Net income attributable to TRG
$
15,193

 
$
12,585

 
$
46,435

 
$
42,833

Realized intercompany profit, net of depreciation on TRG’s basis adjustments
2,205

 
1,626

 
5,705

 
5,726

Depreciation of TCO's additional basis
(488
)
 
(488
)
 
(1,460
)
 
(1,460
)
Equity in income of Unconsolidated Joint Ventures
$
16,910

 
$
13,723

 
$
50,680

 
$
47,099

 
 
 
 
 
 
 
 
Beneficial interest in Unconsolidated Joint Ventures’ operations:
 

 
 

 
 

 
 

Revenues less maintenance, taxes, utilities, promotion, and other operating expenses
$
52,216

 
$
47,063

 
$
155,744

 
$
147,310

Interest expense
(17,093
)
 
(16,574
)
 
(51,107
)
 
(50,204
)
Depreciation and amortization
(17,190
)
 
(16,646
)
 
(51,570
)
 
(49,819
)
Income tax expense
(1,023
)
 
(120
)
 
(2,387
)
 
(2,271
)
Gain on disposition, net of tax (1)


 
 
 


 
2,083

Equity in income of Unconsolidated Joint Ventures
$
16,910

 
$
13,723

 
$
50,680

 
$
47,099



(1)Amount represents the gain related to the sale of the Valencia Place office tower at Country Club Plaza in March 2017 (Note 2).

Related Party

In 2016, the Company issued a note receivable to CityOn.Zhengzhou for purposes of funding development costs. The balance of the note receivable was $43.8 million and $46.1 million as of September 30, 2018 and December 31, 2017, respectively, and was classified within Investment in Unconsolidated Joint Ventures on the Consolidated Balance Sheet.
XML 23 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Beneficial Interest in Debt and Interest Expense
 9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Beneficial interest in Debt and Interest Expense
Beneficial Interest in Debt and Interest Expense

The Operating Partnership's beneficial interest in the debt, capitalized interest, and interest expense of its consolidated subsidiaries and its Unconsolidated Joint Ventures is summarized in the following table. The Operating Partnership's beneficial interest in the consolidated subsidiaries excludes debt and interest related to the noncontrolling interest in Cherry Creek Shopping Center (50%) and International Market Place (6.5%).
 
At 100%
 
At Beneficial Interest
 
 
Consolidated Subsidiaries
 
Unconsolidated Joint Ventures
 
Consolidated Subsidiaries
 
Unconsolidated Joint Ventures
 
Debt as of:
 
 
 
 
 
 
 
 
September 30, 2018
$
3,793,278

 
$
2,822,403

 
$
3,502,696

 
$
1,441,430

 
December 31, 2017
3,555,228

 
2,860,384

 
3,261,777

 
1,459,854

 
 
 
 
 
 
 
 
 
 
Capitalized interest:
 

 
 

 
 

 
 

 
Nine Months Ended September 30, 2018
$
12,266

(1) 
$
9

 
$
12,202

(1) 
$
4

 
Nine Months Ended September 30, 2017
9,552

(1) 
456

(2) 
9,480

(1) 
456

(2) 
 
 
 
 
 
 
 
 
 
Interest expense:
 

 
 

 
 

 
 

 
Nine Months Ended September 30, 2018
$
97,242

 
$
99,316

 
$
88,219

 
$
51,107

 
Nine Months Ended September 30, 2017
80,074

 
97,198

 
71,136

 
50,204

 


(1)
The Company capitalizes interest costs incurred in funding its equity contributions to development projects accounted for as Unconsolidated Joint Ventures. The capitalized interest cost is included in the Company's basis in its investment in Unconsolidated Joint Ventures. Such capitalized interest reduces interest expense on the Consolidated Statement of Operations and Comprehensive Income and in the table above is included within Consolidated Subsidiaries.
(2)
Capitalized interest on the Asia Unconsolidated Joint Venture construction financing is presented at the Company's beneficial interest in both the Unconsolidated Joint Ventures (at 100%) and Unconsolidated Joint Ventures (at Beneficial Interest) columns.

2018 Financings

In August 2018, a three-year, $250 million financing was completed for International Market Place. The payments on the loan, which bears interest at LIBOR plus 2.15%, are interest only for the initial three-year term. The interest rate may be reduced to LIBOR plus 1.85% upon the achievement of certain performance measures. There are two, one-year extension options. The Operating Partnership has provided an unconditional guarantee of the loan balance during the term of the loan. Proceeds from the financing were used to pay off the previous construction facility, which had a balance of $250.0 million after the Company made a repayment on the facility of $43.8 million in July 2018.

In March 2018, the Company completed a five-year, $250 million unsecured term loan. TRG is the borrower under the loan, which bears interest at a range of LIBOR plus 1.25% to LIBOR plus 1.90% based on the Company's total leverage ratio. The proceeds from this financing, in conjunction with the proceeds from the financing for Twelve Oaks Mall (see below), were used to pay off the Company's existing $475 million unsecured term loan. The Company's existing swaps on the $475 million unsecured term loan were applied to other unsecured debt, including the new $250 million unsecured term loan, resulting in an effective interest rate on the new term loan in the range of 2.89% to 3.54% through the remaining swap period ending in February 2019. The loan includes an accordion feature which would increase the Company's borrowing capacity to as much as $400 million if fully exercised, subject to obtaining additional lender commitments, customary closing conditions, covenant compliance, and minimum asset values for the unencumbered asset pool. In October 2018, the Company entered into forward starting swaps to fix the LIBOR rate to 3.02% on the $250 million unsecured term loan, effective from March 2019 through maturity, which will result in an effective interest rate in the range of 4.27% to 4.92%.

In February 2018, a 10-year, $300 million non-recourse financing was completed for Twelve Oaks Mall. The payments on the loan, which bears interest at a fixed interest rate of 4.85%, began in April 2018 and are amortizing principal based on 30 years. As a result of this financing, Twelve Oaks Mall was removed as a guarantor and an unencumbered asset under the primary unsecured revolving line of credit and the unsecured term loans.



Upcoming Maturity

The $150 million loan for The Mall at Green Hills matures in December 2018. The Company plans to exercise the first of two one-year extension options upon maturity.

Debt Covenants and Guarantees

Certain loan agreements contain various restrictive covenants, including the following corporate covenants on the Company’s primary unsecured revolving line of credit, as well as the $300 million and $250 million unsecured term loans and the loan on International Market Place: a minimum net worth requirement, a maximum total leverage ratio, a maximum secured leverage ratio, a minimum fixed charge coverage ratio, a maximum recourse secured debt ratio, and a maximum payout ratio. In addition, the Company’s primary unsecured revolving line of credit and unsecured term loans have unencumbered pool covenants, which currently apply to Beverly Center, Dolphin Mall, and The Gardens on El Paseo on a combined basis. These covenants include a minimum number and minimum value of eligible unencumbered assets, a maximum unencumbered leverage ratio, a minimum unencumbered interest coverage ratio, and a minimum unencumbered asset occupancy ratio. As of September 30, 2018, the corporate total leverage ratio was the most restrictive covenant. The Company was in compliance with all of its covenants and loan obligations as of September 30, 2018. The maximum payout ratio covenant limits the payment of distributions generally to 95% of funds from operations, as defined in the loan agreements, except as required to maintain the Company’s tax status, pay preferred distributions, and for distributions related to the sale of certain assets.

In connection with the August 2018 financing at International Market Place, the Operating Partnership has provided an unconditional guarantee of the loan principal balance and all accrued but unpaid interest during the term of the loan. The $250.0 million International Market Place loan is non-amortizing during the initial three-year term with principal amortization required during the extension periods, if exercised. Accrued but unpaid interest as of September 30, 2018 was $0.8 million. The Company believes the likelihood of a repayment under the guarantee to be remote.

In connection with the $175 million additional financing at International Plaza, which is owned by an Unconsolidated Joint Venture, the Operating Partnership provided an unconditional and several guarantee of 50.1% of all obligations and liabilities related to an interest rate swap that was required on the debt for the term of the loan. As of September 30, 2018, the interest rate swap was an asset and in a receivable position for unpaid interest. The Company believes the likelihood of a payment under the guarantee to be remote.
XML 24 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Noncontrolling Interests
 9 Months Ended
Sep. 30, 2018
Noncontrolling Interest [Abstract]  
Noncontrolling Interests
Noncontrolling Interests

Redeemable Noncontrolling Interests

Taubman Asia President

In September 2016, the Company announced the appointment of Peter Sharp (Successor Asia President) as president of Taubman Asia, a consolidated subsidiary, succeeding René Tremblay (Former Asia President) effective January 1, 2017. The Former Asia President was employed by the Company in another capacity through September 30, 2017.

The Former Asia President has an ownership interest in Taubman Asia. This interest entitles the Former Asia President to 5% of Taubman Asia's dividends, with 85% of his dividends relating to investment activities undergone prior to the Successor Asia President obtaining an ownership interest (see below) being withheld as contributions to capital. These withholdings will continue until he contributes and maintains his capital consistent with his percentage ownership interest, including all capital funded by the Operating Partnership for Taubman Asia's operating and investment activities subsequent to the Former Asia President obtaining his ownership interest. The Operating Partnership has a preferred investment in Taubman Asia to the extent the Former Asia President has not yet contributed capital commensurate with his ownership interest. This preferred investment accrues an annual preferential return equal to the Operating Partnership's average borrowing rate (with the preferred investment and accrued return together being referred to herein as the preferred interest). In addition, Taubman Asia has the ability to call, and the Former Asia President has the ability to put, the Former Asia President’s ownership interest upon Taubman Asia's properties reaching certain specified milestones. The redemption price for the ownership interest is the fair value of the ownership interest less the amount required to return the Operating Partnership's preferred interest. The Company has determined that the Former Asia President's ownership interest in Taubman Asia qualifies as an equity award, considering its specific redemption provisions, and accounts for it as a contingently redeemable noncontrolling interest. The Company presents as temporary equity at each balance sheet date an estimate of the redemption value of the ownership interest, therefore falling into level 3 of the fair value hierarchy. As of both September 30, 2018 and December 31, 2017, the carrying amount of this redeemable equity was $7.5 million. Any adjustments to the redemption value are recorded through equity.

In April 2016, the Company reacquired half of the Former Asia President’s previous 10% ownership interest in Taubman Asia for $7.2 million. The Former Asia President contributed $2 million to Taubman Asia, which may be returned, in part or in whole, upon satisfaction of the re-evaluation of the full liquidation value of Taubman Asia as of April 2016; such re-evaluation will be performed at the Former Asia President's election on or after the third anniversary of the opening of specified Asia projects. The Former Asia President’s current 5% interest is puttable beginning in 2019 at the earliest and was classified as Redeemable Noncontrolling Interest on the Consolidated Balance Sheet.

The Successor Asia President also has an ownership interest in Taubman Asia. This interest entitles the Successor Asia President to 3% of Taubman Asia's dividends for investment activities undergone by Taubman Asia subsequent to him obtaining his ownership interest, with all of his dividends being withheld as contributions to capital. These withholdings will continue until he contributes and maintains his capital consistent with his percentage ownership interest, including all capital funded by the Operating Partnership for Taubman Asia's operating and investment activities subsequent to the Successor Asia President obtaining his ownership interest. The Operating Partnership has a preferred investment in Taubman Asia to the extent the Successor Asia President has not yet contributed capital commensurate with his ownership interest. This preferred investment accrues an annual preferential return equal to the Operating Partnership's average borrowing rate (with the preferred investment and accrued return together being referred to herein as the preferred interest). In addition, Taubman Asia has the ability to call, and the Successor Asia President has the ability to put, the Successor Asia President’s ownership interest upon specified terminations of the Successor Asia President’s employment, although such put or call right may not be exercised for specified time periods after certain termination events. The redemption price for the ownership interest is 50% (increasing to 100% as early as January 2022) of the fair value of the ownership interest less the amount required to return the Operating Partnership's preferred interest. The Company has determined that the Successor Asia President's ownership interest in Taubman Asia qualifies as an equity award, considering its specific redemption provisions, and accounts for it as a contingently redeemable noncontrolling interest. As of September 30, 2018, the carrying amount of this redeemable equity was zero. Any adjustments to the redemption value are recorded through equity.







International Market Place

The Company owns a 93.5% controlling interest in a joint venture that owns International Market Place in Waikiki, Honolulu, Hawaii, which opened in August 2016. The 6.5% joint venture partner has no obligation and no right to contribute capital. The Company is entitled to a preferential return on its capital contributions. The Company has the right to purchase the joint venture partner's interest and the joint venture partner has the right to require the Company to purchase the joint venture partner's interest after the third anniversary of the opening of the center, and annually thereafter. The purchase price of the joint venture partner's interest will be based on fair value. Considering the redemption provisions, the Company accounts for the joint venture partner's interest as a contingently redeemable noncontrolling interest with a carrying value of zero at both September 30, 2018 and December 31, 2017. Any adjustments to the redemption value are recorded through equity.

Reconciliation of Redeemable Noncontrolling Interest
 
Nine Months Ended September 30
 
2018
 
2017
Balance, January 1
$
7,500

 
$
8,704

Former Taubman Asia President vested redeemable equity


 
446

Allocation of net loss
(135
)
 
(721
)
Adjustments of redeemable noncontrolling interest
135

 
721

Balance, September 30
$
7,500

 
$
9,150



Equity Balances of Non-redeemable Noncontrolling Interests

The net equity balance of the non-redeemable noncontrolling interests as of September 30, 2018 and December 31, 2017 included the following:
 
2018
 
2017
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(157,838
)
 
$
(160,359
)
Noncontrolling interests in partnership equity of TRG
(40,163
)
 
(11,909
)
 
$
(198,001
)
 
$
(172,268
)


Net Income (Loss) Attributable to Noncontrolling Interests

Net income (loss) attributable to the noncontrolling interests for the three months ended September 30, 2018 and 2017 included the following:
 
Three Months Ended September 30
 
2018
 
2017
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
1,589

 
$
1,524

Noncontrolling share of income of TRG
9,192

 
2,298

 
$
10,781

 
$
3,822

Redeemable noncontrolling interest:
(25
)
 
(294
)
 
$
10,756

 
$
3,528


Net income (loss) attributable to the noncontrolling interests for the nine months ended September 30, 2018 and 2017 included the following:
 
Nine Months Ended September 30
 
2018
 
2017
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
4,523

 
$
5,000

Noncontrolling share of income of TRG
24,393

 
16,302

 
$
28,916

 
$
21,302

Redeemable noncontrolling interest:
(135
)
 
(721
)
 
$
28,781

 
$
20,581



Equity Transactions

The following table presents the effects of changes in Taubman Centers, Inc.’s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.’s equity for the nine months ended September 30, 2018 and 2017:
 
Nine Months Ended September 30
 
2018
 
2017
Net income attributable to Taubman Centers, Inc. common shareowners
$
54,873

 
$
35,016

Transfers (to) from the noncontrolling interest:
 

 
 

(Decrease) increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)
(211
)
 
(490
)
Net transfers (to) from noncontrolling interests
(211
)
 
(490
)
Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests
$
54,662

 
$
34,526


(1)
In 2018 and 2017, adjustments of the noncontrolling interest were made as a result of changes in the Company's ownership of the Operating Partnership in connection with the Company's share-based compensation under employee and director benefit plans (Note 8), issuances of common stock pursuant to the Continuing Offer (Note 9), and in connection with the accounting for the Former Asia President's redeemable ownership interest.

Finite Life Entities

ASC Topic 480, “Distinguishing Liabilities from Equity” establishes standards for classifying and measuring as liabilities certain financial instruments that embody obligations of the issuer and have characteristics of both liabilities and equity. At September 30, 2018, the Company held a controlling interest in a consolidated entity with a specified termination date in 2083. The noncontrolling owners' interest in this entity is to be settled upon termination by distribution or transfer of either cash or specific assets of the underlying entity. The estimated fair value of this noncontrolling interest was approximately $360 million at September 30, 2018, compared to a book value of $(157.8) million that is classified in Noncontrolling Interests on the Company’s Consolidated Balance Sheet. The fair value of the noncontrolling interest was calculated as the noncontrolling interest's effective ownership share of the underlying property's fair value. The property's fair value was estimated by considering its in-place net operating income, current market capitalization rate, and mortgage debt outstanding.
XML 25 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative and Hedging Activities
 9 Months Ended
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative and Hedging Activities
Derivative and Hedging Activities

Risk Management Objective and Strategies for Using Derivatives

The Company uses derivative instruments, such as interest rate swaps and interest rate caps, primarily to manage exposure to interest rate risks inherent in variable rate debt and refinancings. The Company may also enter into forward starting swaps or treasury lock agreements to set the effective interest rate on a planned fixed-rate financing. The Company’s interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Interest rate caps involve the receipt of variable-rate amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium. In a forward starting swap or treasury lock agreement that the Company cash settles in anticipation of a fixed rate financing or refinancing, the Company will receive or pay an amount equal to the present value of future cash flow payments based on the difference between the contract rate and market rate on the settlement date.
The Company does not use derivatives for trading or speculative purposes and currently does not have any derivatives that are not designated as hedging instruments under the accounting requirements for derivatives and hedging.

As of September 30, 2018, the Company had the following outstanding derivatives that were designated and are expected to be effective as cash flow hedges of the interest payments and/or the currency exchange rate on the associated debt.
Instrument Type

Ownership

Notional Amount

Swap Rate

Credit Spread on Loan

Total Swapped Rate on Loan

Maturity Date
Consolidated Subsidiaries:

 

 
 
 
 
 
 
 
 
 
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

$
200,000

 
1.64
%
 
1.90
%
(1) 
3.54
%
(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

175,000

 
1.65
%
 
1.70
%
(1) 
3.35
%
(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

100,000

 
1.64
%
 
1.90% / 1.70%

(1) 
3.54% / 3.34%

(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
100,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
100,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
50,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
50,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (3)
 
100
%
 
12,000

 
2.09
%
 
1.40
%
 
3.49
%
 
March 2024
Unconsolidated Joint Ventures:

 


 

 
 

 
 

 
 

 
 
Receive variable (LIBOR) /pay-fixed swap (4)
 
50.1
%
 
163,072

 
1.83
%
 
1.75
%
 
3.58
%
 
December 2021
Receive variable (LIBOR) USD/pay-fixed Korean Won (KRW) cross-currency interest rate swap (5)
 
34.3
%
 
52,065 USD / 60,500,000 KRW

 
1.52
%
 
1.60
%
 
3.12
%
 
September 2020

(1)
The hedged forecasted transaction for each of these swaps is the first previously unhedged one-month LIBOR-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on the $250 million unsecured term loan and $225 million on the $1.1 billion primary unsecured revolving line of credit. The credit spreads on these loans can vary within a range of 1.25% to 1.90% on the $250 million unsecured term loan and 1.15% to 1.70% on the primary unsecured revolving line of credit, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of 2.89% to 3.54% on the $250 million unsecured term loan and 2.80% to 3.35% on $225 million of the $1.1 billion primary unsecured revolving line of credit during the remaining swap period. In October 2018, the Company entered into forward starting swaps on the $250 million unsecured term loan (see "Note 5 - Beneficial Interest in Debt and Interest Expense - 2018 Financings").
(2)
The hedged forecasted transaction for each of these swaps is the first previously unhedged one-month LIBOR-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on its $300 million unsecured term loan. The credit spread on this loan can vary within a range of 1.25% to 1.90%, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of 3.39% to 4.04% during the swap period.
(3)
The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on the U.S. headquarters building.
(4)
The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on International Plaza.
(5)
The notional amount on this swap is equal to the outstanding principal balance of the U.S. dollar construction loan for Starfield Hanam. There is a cross-currency interest rate swap to fix the interest rate on the loan and swap the related principal and interest payments from U.S. dollars to KRW in order to reduce the impact of fluctuations in interest rates and exchange rates on the cash flows of the joint venture. The currency swap exchange rate is 1,162.0.


Cash Flow Hedges

On January 1, 2018, the Company early adopted ASU No. 2017-12, "Targeted Improvements to Accounting for Hedging Activities", which provided changes in hedge accounting recognition and presentation requirements. The Company now recognizes all changes in fair value for hedging instruments designated and qualifying for cash flow hedge accounting treatment as a component of Other Comprehensive Income (OCI), as opposed to previously recognizing the ineffective portion, if any, directly in earnings. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjusting entry to reclassify an inconsequential amount of previous hedge ineffectiveness for cash flow hedges from Dividends in Excess of Net Income to AOCI on the Company's Consolidated Balance Sheet.

For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the unrealized gain or loss on the derivative is reported as a component of OCI. Prior to the adoption of ASU No. 2017-12 on January 1, 2018, the ineffective portion of the change in fair value, if any, was recognized directly in earnings. Beginning January 1, 2018, all unrealized gains or losses on the derivatives are reported as components of OCI. Net realized gains or losses resulting from derivatives that were settled in conjunction with planned fixed-rate financings or refinancings continue to be included in AOCI during the term of the hedged debt transaction.

Amounts reported in AOCI related to currently outstanding interest rate derivatives are recognized as an adjustment to income as interest payments are made on the Company’s variable-rate debt. Realized gains or losses on settled derivative instruments included in AOCI are recognized as an adjustment to income over the term of the hedged debt transaction. Amounts reported in AOCI related to the cross-currency interest rate swap are recognized as an adjustment to income as transaction gains or losses arising from the remeasurement of foreign currency denominated loans are recognized and as actual interest and principal obligations are repaid.

The Company expects that approximately $3.8 million of the AOCI of Taubman Centers, Inc. and the noncontrolling interests will be reclassified from AOCI and recognized as an increase to income in the following 12 months.

The following tables present the effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income for the three and nine months ended September 30, 2018 and 2017. The tables include the amount of gains or losses on outstanding derivative instruments recognized in OCI in cash flow hedging relationships and the location and amount of gains or losses reclassified from AOCI into income resulting from outstanding derivative instruments.
 
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Three Months Ended September 30
 
 
 
Three Months Ended September 30
 
2018
 
2017
 
 
 
2018
 
2017
Derivatives in cash flow hedging relationships:
 
 
 
 

 
 
 
 
Interest rate contracts – consolidated subsidiaries
$
756

 
$
472

 
Interest Expense
 
$
506

 
$
(533
)
Interest rate contracts – UJVs
235

 
454

 
Equity in Income of UJVs
 
(1
)
 
(523
)
Cross-currency interest rate contract – UJV
92

 
(13
)
 
Equity in Income of UJVs
 
(36
)
 
22

Total derivatives in cash flow hedging relationships
$
1,083

 
$
913

 
 
 
$
469

 
$
(1,034
)


 
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Nine Months Ended September 30
 
 
 
Nine Months Ended September 30
 
2018
 
2017
 
 
 
2018
 
2017
Derivatives in cash flow hedging relationships:
 
 
 
 

 
 
 
 
Interest rate contracts – consolidated subsidiaries
$
8,674

 
$
(257
)
 
Interest Expense
 
$
205

 
$
(2,409
)
Interest rate contracts – UJVs
2,101

 
1,693

 
Equity in Income of UJVs
 
(287
)
 
(1,920
)
Cross-currency interest rate contract – UJV
(90
)
 
(32
)
 
Equity in Income of UJVs
 
781

 
(982
)
Total derivatives in cash flow hedging relationships
$
10,685

 
$
1,404

 
 
 
$
699

 
$
(5,311
)


The Company records all derivative instruments at fair value on the Consolidated Balance Sheet. The following table presents the location and fair value of the Company’s derivative financial instruments as reported on the Consolidated Balance Sheet as of September 30, 2018 and December 31, 2017.
 
 
 
Fair Value
 
Consolidated Balance Sheet Location
 
September 30,
2018
 
December 31,
2017
Derivatives designated as hedging instruments:
 
 
 
 
 
Asset derivatives:
 
 
 
 
 
Interest rate contracts – consolidated subsidiaries
Deferred Charges and Other Assets
 
$
9,128

 
$
939

Interest rate contract - UJV
Investment in UJVs
 
2,504

 
760

Total assets designated as hedging instruments
 
 
$
11,632

 
$
1,699

 
 
 
 
 
 
Liability derivatives:
 
 
 

 
 
Interest rate contracts – consolidated subsidiary
Accounts Payable and Accrued Liabilities
 


 
$
(484
)
Interest rate contracts – UJV
Investment in UJVs
 


 
(357
)
Cross-currency interest rate contract – UJV
Investment in UJVs
 
$
(940
)
 
(1,630
)
Total liabilities designated as hedging instruments
 
 
$
(940
)
 
$
(2,471
)


Contingent Features

All of the Company's outstanding derivatives contain provisions that state if the hedged entity defaults on its indebtedness above a certain threshold, then the derivative obligation could also be declared in default. The cross default thresholds vary for each agreement, ranging from $0.1 million of any indebtedness to $50 million of indebtedness on the Operating Partnership's indebtedness. As of September 30, 2018, the Company is not in default on any indebtedness that would trigger a credit-risk-related default on its current outstanding derivatives.
As of September 30, 2018 and December 31, 2017, the fair value of derivative instruments with credit-risk-related contingent features that were in a liability position was $0.9 million and $2.5 million, respectively. As of September 30, 2018 and December 31, 2017, the Company was not required to post any collateral related to these agreements. If the Company breached any of these provisions it would be required to settle its obligations under the agreements at their fair value. See Note 5 regarding guarantees and Note 11 for fair value information on derivatives.
XML 26 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation
 9 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation
Share-Based Compensation

General

In May 2018, the Company’s shareowners approved The Taubman Company LLC 2018 Omnibus Long-Term Incentive Plan (2018 Omnibus Plan). The 2018 Omnibus Plan provides for the award to directors, officers, employees, and other service providers of the Company and its affiliates of restricted shares, restricted share units, restricted profits units of TRG (TRG Profits Units), options to purchase common shares, unrestricted shares, and dividend equivalent rights, in each case with or without performance conditions, to acquire up to an aggregate of 2.8 million common shares or TRG Profits Units. Every share or TRG Profits Unit subject to awards under the 2018 Omnibus Plan shall be counted against this limit as one share or TRG Profits Unit for every one share or TRG Profits Unit granted. The amount of shares or TRG Profits Units available for future grants is adjusted when the number of contingently issuable common shares or units are settled. If an award issued under the 2018 Omnibus Plan is forfeited, expires without being exercised, or is used to pay tax withholding on such award, the shares of TRG Profits Units become available for issuance under new award. TRG Profits Units are intended to constitute "profits interests" within the meaning of Treasury authority under the Internal Revenue Code of 1986, as amended. In addition, non-employee directors have the option to defer their compensation under a deferred compensation plan. The 2018 Omnibus Plan allows the Company to permit or require the deferral of all or a part of an award payment into a deferred compensation arrangement. Prior to the adoption of the 2018 Omnibus Plan, the Company provided share-based compensation through The Taubman Company LLC 2008 Omnibus Long-Term Incentive Plan (2008 Omnibus Plan), as amended, which expired in May 2018.

2018 Awards - TRG Profits Units

During 2018, the following types of TRG Profits Units awards were granted to certain senior management employees: (1) a time-based award with a three-year cliff vesting period (Restricted TRG Profits Units); (2) a performance-based award that is based on the achievement of relative total shareholder return (TSR) over a three-year period (Relative TSR Performance-based TRG Profits Units); and (3) a performance-based award that is based on the achievement of net operating income (NOI) over a three-year period (NOI Performance-based TRG Profits Units). The maximum number of Relative TSR and NOI Performance-based TRG Profits Units are issued at grant, eventually subject to a recovery and cancellation of previously granted amounts depending on actual performance against TSR and NOI measures over the three-year performance measurement period. NOI Performance-based TRG Profits Units provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved. Relative TSR and NOI Performance-based TRG Profits Units are generally subject to the same performance measures as the TSR-Based and NOI-Based Performance Share Units (see 2018 Awards - Other Management Employee Grants below). Despite the difference in scaling of the grant programs, the final outcome of the TSR and NOI performance measures will result in similar numbers of either TRG Units or common shares being issued at vesting under the TRG Profits Units program and the Performance Share Unit program, respectively.

Each such award represents a contingent right to receive a TRG Unit upon vesting and the satisfaction of certain tax-driven requirements and, as to the TSR and NOI Performance-based TRG Profits Units, the satisfaction of certain performance-based requirements. Until vested, a TRG Profits Unit entitles the holder to only one-tenth of the distributions otherwise payable by TRG on a TRG Unit. Therefore, the Company accounts for these TRG Profits Units as participating securities in the Operating Partnership. A portion of the TRG Profits Units award represents estimated cash distributions that otherwise would have been payable during the vesting period and, upon vesting, there will be an adjustment in actual number of TRG Profits Units realized under each award to reflect the Operating Partnership's actual cash distributions during the vesting period.

All TRG Profits Units issued in 2018 vest in March 2021, if continuous service has been provided, or upon retirement or certain other events (such as death or disability) if earlier. Each holder of a TRG Profits Unit will be treated as a limited partner in TRG from the date of grant. To the extent the vested TRG Profits Units have not achieved the applicable criteria for conversion to TRG Units, vesting and economic equivalence to a TRG Unit prior to the tenth anniversary of the date of grant, the awards will be forfeited pursuant to the terms of the award agreement.

2018 Awards - Other Management Employee Grants

During 2018, other types of awards granted to management employees include those described below. These vest in March 2021, if continuous service has been provided, or upon retirement or certain other events (such as death or disability) if earlier.

TSR - Based Performance Share Units (TSR PSU) - Each TSR PSU represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the TSR PSU based on the Company's market performance relative to that of a peer group. The TSR PSU grants include a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period.

NOI - Based Performance Share Units (NOI PSU) - Each NOI PSU represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the NOI PSU based on the Company's NOI performance, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period. These awards also provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved.
Restricted Share Units (RSU) - Each RSU represents the right to receive upon vesting one share of common stock, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period.

Expensed and Capitalized Costs

The compensation cost charged to income for the Company’s share-based compensation plans was $2.3 million and $6.9 million for the three and nine months ended September 30, 2018, respectively. The compensation cost charged to income for the Company’s share-based compensation plans was $2.8 million and $8.3 million for the three and nine months ended September 30, 2017, respectively. Compensation cost capitalized as part of properties and deferred leasing costs was $0.2 million and $0.7 million for the three and nine months ended September 30, 2018, respectively, and $0.3 million and $0.6 million for the three and nine months ended September 30, 2017, respectively.

Valuation Methodologies

The Company estimated the grant-date fair values of share-based grants using the methods as follows. Expected volatility and dividend yields are based on historical volatility and yields of the Company’s common stock, respectively, as well as other factors. The risk-free interest rates used are based on the U.S. Treasury yield curves in effect at the grant date. The Company assumes no forfeitures for failure to meet the service requirement of Performance Share Units (PSU) or TRG Profits Units, due to the small number of participants and low turnover rate.

The valuations of all grants utilized the Company's common stock price at the grant date. Common stock prices when used in valuing TRG Profits Units are further adjusted by the present value of expected differences in dividends payable on the common stock versus the distributions payable on the TRG Profits Units over the vesting period. The Company estimated the value of grants dependent on TSR performance using a Monte Carlo simulation and considering historical returns of the Company and the peer group.

For awards dependent on NOI performance, the Company considers the NOI measure a performance condition under applicable accounting standards, and as such, has estimated a grant-date fair value for each of its possible outcomes. The compensation cost ultimately will be recognized equal to the grant-date fair value of the award that coincides with the actual outcome of the NOI performance. The weighted average grant-date fair value shown for NOI-dependent awards corresponds with management's current expectation of the probable outcome of the NOI performance measure. The product of the NOI-dependent awards outstanding and the grant-date fair value represents the compensation cost being recognized over the service periods.

The valuations of TRG Profits Units consider the possibility that sufficient share price appreciation will not be realized, such that the conversion to TRG Units will not occur and the awards will be forfeited.

Summaries of Activity for the Nine Months Ended September 30, 2018

Restricted TRG Profits Units
 
Number of Restricted TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
61,131

 
$
59.08

Granted
8,154

 
49.29

Outstanding at September 30, 2018
69,285

 
$
57.93

 
 
 
 
Fully vested at September 30, 2018
3,826

 
$
59.03



As of September 30, 2018, there was $1.1 million of total unrecognized compensation cost related to nonvested Restricted TRG Profits Units outstanding. This cost is expected to be recognized over an average period of 1.4 years.

Relative TSR Performance-based TRG Profits Units
 
Number of relative TSR Performance-based TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
129,733

 
$
25.59

Granted
18,345

 
22.22

Outstanding at September 30, 2018
148,078

 
$
25.17

 
 
 
 
Fully vested at September 30, 2018
797

 
$
23.14



As of September 30, 2018, there was $1.1 million of total unrecognized compensation cost related to nonvested Relative TSR Performance-based TRG Profits Units outstanding. This cost is expected to be recognized over an average period of 1.4 years.

NOI Performance-based TRG Profits Units
 
Number of NOI Performance-based TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
131,604

 
$
19.69

Granted
18,345

 
16.43

Outstanding at September 30, 2018
149,949

 
$
19.28

 
 
 
 
Fully vested at September 30, 2018
2,668

 
$
33.56

    
As of September 30, 2018, there was $0.8 million of total unrecognized compensation cost related to nonvested NOI Performance-based TRG Profits Units outstanding. This cost is expected to be recognized over an average period of 1.4 years.

TSR - Based Performance Share Units
 
Number of TSR PSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
40,850

 
$
107.38

Vested
(37,046
)
(1) 
110.19

Granted
10,393

 
78.82

Outstanding at September 30, 2018
14,197

 
$
79.13

    
(1)
Based on the Company's market performance relative to that of a peer group, the actual number of shares of common stock issued upon vesting during the nine months ended September 30, 2018 was 45,941 shares (1.24x) for the TSR PSU. That is, despite the completion of the applicable employee service requirements, the number of shares ultimately considered earned is determined by the extent to which the TSR market performance measure was achieved during the performance period.

As of September 30, 2018, there was $0.8 million of total unrecognized compensation cost related to nonvested TSR PSU outstanding. This cost is expected to be recognized over an average period of 2.0 years.

NOI - Based Performance Share Units
 
Number of NOI PSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
3,804

 
$
67.00

Granted
10,393

 
58.28

Outstanding at September 30, 2018
14,197

 
$
60.59



As of September 30, 2018, there was $0.6 million of total unrecognized compensation cost related to nonvested NOI PSU outstanding. This cost is expected to be recognized over an average period of 2.0 years.

Restricted Share Units
 
Number of RSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018 (1)
195,021

 
$
69.22

Vested
(73,294
)
 
73.91

Granted
69,931

 
58.28

Forfeited
(4,817
)
 
62.18

Outstanding at September 30, 2018
186,841

 
$
63.46



(1)
The beginning balance outstanding and associated grant-date fair value were adjusted immaterially from previously reported amounts to reflect the actual number of RSU outstanding as of January 1, 2018.

As of September 30, 2018, there was $5.7 million of total unrecognized compensation cost related to nonvested RSU outstanding. This cost is expected to be recognized over an average period of 1.7 years.

Unit Option Deferral Election

Under a prior option plan, the 2008 Omnibus Plan, and the 2018 Omnibus Plan, vested unit options can be exercised by tendering mature units with a market value equal to the exercise price of the unit options. In 2002, Robert S. Taubman, the Company’s chief executive officer, exercised options for 3.0 million units by tendering 2.1 million mature units and deferring receipt of 0.9 million units under the unit option deferral election. As the Operating Partnership pays distributions, the deferred option units receive their proportionate share of the distributions in the form of cash payments. Under an amendment executed in January 2011 and subsequent deferral elections (the latest being made in September 2016), beginning in December 2022 (unless Mr. Taubman retires earlier), the deferred options units will be issued as TRG Units in five annual installments. The deferred option units are accounted for as participating securities of the Operating Partnership.
XML 27 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies
 9 Months Ended
Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

Cash Tender

At the time of the Company's initial public offering and acquisition of its partnership interest in TRG in 1992, the Company entered into an agreement (the Cash Tender Agreement) with the A. Alfred Taubman Restated Revocable Trust (the Revocable Trust) and TRA Partners (now Taubman Ventures Group LLC or TVG), each of whom owned an interest in TRG, whereby each of the Revocable Trust and TVG (and/or any assignee of the Revocable Trust or TVG) has the right to tender to the Company TRG Units (provided that if the tendering party is tendering less than all of its TRG Units, the aggregate value is at least $50 million) and cause the Company to purchase the tendered interests at a purchase price based on a market valuation of the Company on the trading date immediately preceding the date of the tender (except as otherwise provided below). TVG is controlled by a majority-in-interest among the Revocable Trust and entities affiliated with the children of A. Alfred Taubman (Robert S. Taubman, William S. Taubman, and Gayle Taubman Kalisman). At the election of the tendering party, TRG Units held by members of A. Alfred Taubman’s family and TRG Units held by entities in which his family members hold interests may be included in such a tender.

The Company will have the option to pay for these interests from available cash, borrowed funds, or from the proceeds of an offering of common stock. Generally, the Company expects to finance these purchases through the sale of new shares of its common stock. The tendering partner will bear all market risk if the market price at closing is less than the purchase price and will bear the costs of sale. Any proceeds of the offering in excess of the purchase price will be for the sole benefit of the Company. The Company accounts for the Cash Tender Agreement as a freestanding written put option. As the option put price is defined by the current market price of the Company's stock at the time of tender, the fair value of the written option defined by the Cash Tender Agreement is considered to be zero.

Based on a market value at September 30, 2018 of $59.83 per share for the Company's common stock, the aggregate value of TRG Units that may be tendered under the Cash Tender Agreement was $1.4 billion. The purchase of these interests at September 30, 2018 would have resulted in the Company owning an additional 28% interest in TRG.

Continuing Offer

The Company has made a continuing, irrevocable offer (the Continuing Offer) to all present holders of TRG Units (other than a certain excluded holder, currently TVG), permitted assignees of all present holders of TRG Units, those future holders of TRG Units as the Company may, in its sole discretion, agree to include in the Continuing Offer, all existing optionees under the previous option plan and the 2008 Omnibus Plan, and all existing and future optionees under the 2018 Omnibus Plan to exchange shares of common stock for TRG Units. Under the Continuing Offer agreement, one TRG Unit is exchangeable for one share of common stock. Upon a tender of TRG Units, the corresponding shares of Series B Preferred Stock, if any, will automatically be converted into common stock at a ratio of 14,000 shares of Series B Preferred Stock for one share of common stock.

Insurance

The Company carries liability insurance to mitigate its exposure to certain losses, including those relating to personal injury claims. We believe the Company's insurance policy terms and conditions and limits are appropriate and adequate given the relative risk of loss and industry practice. However, there are certain types of losses, such as punitive damage awards, which may not be covered by insurance, and not all potential losses are insured against.

Hurricane Maria and The Mall of San Juan

In the third quarter of 2017, The Mall of San Juan experienced certain interior water damage, impacts to exterior landscaping and signage, and significant damage to both Nordstrom and Saks Fifth Avenue as a result of Hurricane Maria. The Company has substantial insurance to cover hurricane and flood damage, as well as business and service interruption. The business interruption coverage commences at time of loss and continues for one year after the damage is fully repaired. The Company's hurricane coverage includes a single deductible of $2 million and policy limits of $900 million, all subject to various terms and conditions.
As of September 30, 2018, the Company has not yet received insurance proceeds related to its business interruption claim. The Company has submitted a preliminary claim to its insurer and is currently in discussions related to the amount to be received and timing of payment. During the three and nine months ended September 30, 2018, the Company recorded $0.1 million and $1.1 million, respectively, of insurance recoveries related to reimbursement of expensed costs within Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income. Additionally, during the nine months ended September 30, 2018, the Company recognized a reduction of $4.9 million of depreciation expense relating to insurance proceeds received for property damage for which the Company took write-offs in 2017. During the three months ended September 30, 2018, the Company did not recognize any such reduction of depreciation expense. During both the three and nine months ended September 30, 2017, the Company recognized an estimated expense of $2.0 million related to property damage, included within depreciation expense. The Company continues to assess physical loss and will update its estimates if necessary.
On October 17, 2017, Plaza Internacional Puerto Rico LLC (Plaza Internacional), the owner of The Mall of San Juan (the Mall), filed a civil action in the Commonwealth of Puerto Rico Court of First Instance, San Juan Judicial Center, Superior Court, Civil No. SJ2017CV02094 (503), against Saks Fifth Avenue Puerto Rico, Inc. (Saks PR), and Saks Incorporated (Saks Inc.). The lawsuit asks the court to compel Saks PR and Saks Inc. to immediately remediate and repair the Saks Fifth Avenue store (the Store) that was damaged by Hurricane Maria on September 20, 2017, to reopen the Store on the completion of the reconstruction, and to operate the Store in accordance with the Operating Covenant contained in the Construction, Operation and Reciprocal Easement Agreement among Plaza Internacional, Saks PR, and Nordstrom Puerto Rico LLC (Nordstrom PR) made as of April 23, 2013 (the REA). In response, Saks PR and Saks Inc. filed a Counterclaim, alleging that they have no obligation to repair, remediate, reconstruct, or reopen the Store, asserting various alleged breaches of the REA and other operating agreements. Plaza Internacional filed a motion for a preliminary injunction directing Saks PR to repair, reopen, and operate the Store, but, on March 28, 2018, the Court of First Instance denied Plaza Internacional’s motion, and, on September 12, 2018, the Court of Appeals of Puerto Rico affirmed that ruling, each without prejudging the merits of the substantive claims. Should Saks PR prevail in the action, Nordstrom PR and other Mall tenants may then have the right to terminate their own operating covenants or leases. Plaza Internacional is vigorously prosecuting its claims and defending the Counterclaim. The outcome of the action cannot be predicted, and, at this time, the Company is unable to estimate the amount of loss that could result from an unfavorable outcome. An unfavorable outcome may have a material and adverse effect on the Company's business and its results of operations.
Other

See Note 5 for the Operating Partnership's guarantees of certain notes payable, including guarantees relating to Unconsolidated Joint Ventures, Note 6 for contingent features relating to certain joint venture agreements, Note 7 for contingent features relating to derivative instruments, and Note 8 for obligations under existing share-based compensation plans.
XML 28 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Common Share

Basic earnings per common share amounts are based on the weighted average of common shares outstanding for the respective periods. Diluted earnings per common share amounts are based on the weighted average of common shares outstanding plus the dilutive effect of potential common stock. Potential common stock includes outstanding TRG Units exchangeable for common shares under the Continuing Offer (Note 9), outstanding options for TRG Units, TSR PSU, NOI PSU, Restricted and Performance-based TRG Profits Units, RSU, deferred shares under the Non-Employee Directors’ Deferred Compensation Plan, and unissued TRG Units under a unit option deferral election (Note 8). In computing the potentially dilutive effect of potential common stock, TRG Units are assumed to be exchanged for common shares under the Continuing Offer, increasing the weighted average number of shares outstanding. The potentially dilutive effects of TRG Units outstanding and/or issuable under the unit option deferral elections are calculated using the if-converted method, while the effects of other potential common stock are calculated using the treasury method. Contingently issuable shares are included in diluted earnings per common share based on the number of shares, if any, which would be issuable if the end of the reporting period were the end of the contingency period. 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):
 

 
 
 
 
 
 
Basic
$
20,976

 
$
4,363

 
$
54,873

 
$
35,016

Impact of additional ownership of TRG
31

 
7

 
77

 
74

Diluted
$
21,007

 
$
4,370

 
$
54,950

 
$
35,090

 
 
 
 
 
 
 
 
Shares (Denominator) – basic
61,001,357

 
60,710,184

 
60,970,572

 
60,654,026

Effect of dilutive securities
294,710

 
288,967

 
274,729

 
364,829

Shares (Denominator) – diluted
61,296,067

 
60,999,151

 
61,245,301

 
61,018,855

 
 
 
 
 
 
 
 
Earnings per common share – basic
$
0.34

 
$
0.07

 
$
0.90

 
$
0.58

Earnings per common share – diluted
$
0.34

 
$
0.07

 
$
0.90

 
$
0.58



The calculation of diluted earnings per common share in certain periods excluded certain potential common stock including outstanding TRG Units and unissued TRG Units under a unit option deferral election, both of which may be exchanged for common shares of the Company under the Continuing Offer. The table below presents the potential common stock excluded from the calculation of diluted earnings per common share as they were anti-dilutive in the period presented.
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Weighted average noncontrolling TRG Units outstanding
4,115,235

 
4,164,979

 
4,134,110

 
4,082,322

Unissued TRG Units under unit option deferral elections
871,262

 
871,262

 
871,262

 
871,262
XML 29 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Disclosures
 9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Fair Value Disclosures
Fair Value Disclosures

This note contains required fair value disclosures for assets and liabilities remeasured at fair value on a recurring basis and financial instruments carried at other than fair value, as well as assumptions employed in deriving these fair values.

Recurring Valuations

Derivative Instruments

The fair value of interest rate hedging instruments is the amount that the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the reporting date. The Company’s valuations of its derivative instruments are determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative, and therefore fall into Level 2 of the fair value hierarchy. The valuations reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including forward curves. The fair values of interest rate hedging instruments also incorporate credit valuation adjustments to appropriately reflect both the Company’s own nonperformance risk and the respective counterparty's nonperformance risk.

Other

The Company's valuations of both its investments in an insurance deposit and in SPG common shares utilize unadjusted quoted prices determined by active markets for the specific securities the Company has invested in, and therefore fall into Level 1 of the fair value hierarchy. In connection with the adoption of ASU No. 2016-01 on January 1, 2018 (Note 1), the Company now measures its investment in SPG common shares at fair value with changes in value recorded through net income. The Company owned 440,124 and 590,124 SPG common shares as of September 30, 2018 and December 31, 2017, respectively. In September 2018, the Company sold 150,000 SPG common shares at an average price of $184.19 per share. In October 2018, an additional 150,000 SPG common shares were sold at an average price of $180.54 per share. Upon completion of the sale, the Company had 290,124 SPG common shares remaining. Proceeds from both sales were used to pay down the Company's revolving lines of credit. During the three and nine months ended September 30, 2018, the Company recorded $5.0 million and $4.1 million of income, respectively in Nonoperating Income, Net on the Consolidated Statement of Operations and Comprehensive Income related to the change in fair value of its SPG common shares investment during the period.

For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
 
 
Fair Value Measurements as of September 30, 2018 Using
 
Fair Value Measurements as of
December 31, 2017 Using
Description
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
SPG common shares
 
$
77,792

 
 
 
$
101,348

 
 
Insurance deposit
 
10,077

 
 

 
16,703

 
 

Derivative interest rate contracts (Note 7)
 
 
 
$
9,128

 
 
 
$
939

Total assets
 
$
87,869


$
9,128

 
$
118,051

 
$
939

 
 
 
 
 
 
 
 
 
Derivative interest rate contracts (Note 7)
 
 

 


 
 

 
$
(484
)
Total liabilities
 
 

 
$
—

 
 

 
$
(484
)


The insurance deposit shown above represents cash maintained in an escrow account in connection with a property and casualty insurance arrangement for the Company’s shopping centers, and is classified within Deferred Charges and Other Assets on the Consolidated Balance Sheet. Corresponding deferred revenue relating to amounts billed to tenants for this arrangement has been classified within Accounts Payable and Accrued Liabilities on the Consolidated Balance Sheet.

Financial Instruments Carried at Other Than Fair Values

Notes Payable

The fair value of notes payable is estimated using cash flows discounted at current market rates and therefore falls into Level 2 of the fair value hierarchy. When selecting discount rates for purposes of estimating the fair value of notes payable at September 30, 2018 and December 31, 2017, the Company employed the credit spreads at which the debt was originally issued.

The estimated fair values of notes payable at September 30, 2018 and December 31, 2017 were as follows:
 
2018
 
2017
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Notes payable, net
$
3,793,278

 
$
3,663,323

 
$
3,555,228

 
$
3,503,071



The fair values of the notes payable are dependent on the interest rates used in estimating the values. An overall 1% increase in interest rates employed in making these estimates would have decreased the fair values of the debt shown above at September 30, 2018 by $136.0 million or 3.7%.

Cash Equivalents and Notes Receivable

The fair value of cash equivalents and notes receivable approximates their carrying value due to their short maturity. The fair value of cash equivalents is derived from quoted market prices and therefore falls into Level 1 of the fair value hierarchy. The fair value of notes receivable is estimated using cash flows discounted at current market rates and therefore falls into Level 2 of the fair value hierarchy.

See Note 7 regarding additional information on derivatives.
XML 30 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
Accumulated Other Comprehensive Income

Changes in the balance of each component of AOCI for the nine months ended September 30, 2018 were as follows:
 
Taubman Centers, Inc. AOCI
 
Noncontrolling Interests AOCI
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
January 1, 2018
$
384

 
$
(7,303
)
 
$
(6,919
)
 
$
159

 
$
9,220

 
$
9,379

Other comprehensive income (loss) before reclassifications
(15,777
)
 
8,081

 
(7,696
)
 
(6,447
)
 
3,303

 
(3,144
)
Amounts reclassified from AOCI
 
 
(496
)
 
(496
)
 
 
 
(203
)
 
(203
)
Net current period other comprehensive income (loss)
$
(15,777
)
 
$
7,585

 
$
(8,192
)
 
$
(6,447
)
 
$
3,100

 
$
(3,347
)
Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)
 
 
(678
)
 
(678
)
 
 
 
(277
)
 
(277
)
Adjustments due to changes in ownership
1

 
25

 
26

 
(1
)
 
(25
)
 
(26
)
September 30, 2018
$
(15,392
)
 
$
(371
)
 
$
(15,763
)
 
$
(6,289
)
 
$
12,018

 
$
5,729




Changes in the balance of each component of AOCI for the nine months ended September 30, 2017 were as follows:
 
Taubman Centers, Inc. AOCI
 
Noncontrolling Interests AOCI
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
January 1, 2017
$
(23,147
)
 
$
(12,769
)
 
$
(35,916
)
 
$
(9,613
)
 
$
7,065

 
$
(2,548
)
Other comprehensive income (loss) before reclassifications
13,839

 
(5,721
)
 
8,118

 
5,689

 
(2,351
)
 
3,338

Amounts reclassified from AOCI

 
3,763

 
3,763

 


 
1,548

 
1,548

Net current period other comprehensive income (loss)
$
13,839

 
$
(1,958
)
 
$
11,881

 
$
5,689

 
$
(803
)
 
$
4,886

Adjustments due to changes in ownership
(69
)
 
53

 
(16
)
 
69

 
(53
)
 
16

September 30, 2017
$
(9,377
)
 
$
(14,674
)
 
$
(24,051
)
 
$
(3,855
)
 
$
6,209

 
$
2,354



The following table presents reclassifications out of AOCI for the nine months ended September 30, 2018:
Details about AOCI Components
 
Amounts reclassified from AOCI
 
Affected line item on the Consolidated Statement of Operations and Comprehensive Income
Losses (gain) on interest rate instruments and other:
 
 
 
 
Realized gain on interest rate contracts - consolidated subsidiaries
 
$
(205
)
 
Interest Expense
Realized loss on interest rate contracts - UJVs
 
287

 
Equity in Income of UJVs
Realized gain on cross-currency interest rate contract - UJV
 
(781
)
 
Equity in Income of UJVs
Total reclassifications for the period
 
$
(699
)
 
 


The following table presents reclassifications out of AOCI for the nine months ended September 30, 2017:
Details about AOCI Components
 
Amounts reclassified from AOCI
 
Affected line item on the Consolidated Statement of Operations and Comprehensive Income
Losses on interest rate instruments and other:
 
 
 
 
Realized loss on interest rate contracts - consolidated subsidiaries
 
$
2,409

 
Interest Expense
Realized loss on interest rate contracts - UJVs
 
1,920

 
Equity in Income of UJVs
Realized loss on cross-currency interest rate contract - UJV
 
982

 
Equity in Income of UJVs
Total reclassifications for the period
 
$
5,311

 
 
XML 31 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Cash Flow Disclosures and Non-Cash Investing and Financing Activities
 9 Months Ended
Sep. 30, 2018
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]
Cash Flow Disclosures and Non-Cash Investing and Financing Activities

Interest paid for the nine months ended September 30, 2018 and 2017, net of amounts capitalized of $12.3 million and $9.6 million, respectively, was $91.3 million and $74.5 million, respectively. Income taxes paid for the nine months ended September 30, 2018 and 2017 were $0.5 million and $2.4 million, respectively. Other non-cash additions to properties during the nine months ended September 30, 2018 and 2017 were $83.0 million and $98.9 million, respectively, and primarily represent accrued construction and tenant allowance costs.

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows (Note 1). The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts shown on the Consolidated Statement of Cash Flows.
 
September 30,
2018
 
December 31,
2017
Cash and cash equivalents
$
38,037

 
$
42,499

Restricted cash
95,254

 
121,905

Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows
$
133,291

 
$
164,404



Restricted Cash

The Company is required to escrow cash balances for specific uses stipulated by certain of its lenders and other various agreements. As of September 30, 2018 and December 31, 2017, the Company’s cash balances restricted for these uses were $2.9 million and $2.7 million, respectively. Also, as of September 30, 2018 and December 31, 2017, the Company had $92.4 million and $119.2 million, respectively, of restricted cash held as collateral for financing arrangements related to its Asia investments. During the nine months ended September 30, 2018 and 2017,the restricted cash balances related to the Asia investments declined by $4.9 million and $0.4 million, respectively, as a result of exchange rate fluctuations.
XML 32 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
New Accounting Pronouncement
 9 Months Ended
Sep. 30, 2018
New Accounting Pronouncements, Policy [Abstract]  
New Accounting Pronouncement, Policy [Policy Text Block]
New Accounting Pronouncements

In June 2016, the FASB issued ASU No. 2016-13, "Financial Instruments - Credit Losses", which introduces new guidance for an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. Instruments in scope include loans, held-to-maturity debt securities, and net investments in leases as well as reinsurance and trade receivables. ASU No. 2016-13 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2019. The Company is currently evaluating the impact that the adoption of the new standard will have on its consolidated financial statements.

















In February 2016, the FASB issued ASU No. 2016-02, "Leases", which provides for significant changes to the current lease accounting standard. The primary objectives of this ASU is to address off-balance-sheet financing related to operating leases and to introduce a new lessee model that brings substantially all leases onto the balance sheet. ASU No. 2016-02 is effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2018. The Company expects to adopt the new standard on its effective date. The Company is currently evaluating the application of this ASU and its effect on the Company’s financial position and results of operations. From initial implementation efforts, the Company preliminarily expects the most significant impacts of adoption to include the need to expense certain internal leasing costs currently being capitalized, including costs associated with the Company's leasing and legal departments, and the recognition of lease obligations and right-of-use assets for ground and office leases under which the Company or its ventures are the lessee. The Company expects to add right-of-use assets and the corresponding liabilities to the Consolidated Balance Sheet between 5-10% of total assets as of the implementation date, depending on the ultimate selection of appropriate discount rates for the cash flow under the leases.

In July 2018, the FASB issued ASU No. 2018-11, which includes a practical expedient that allows lessors to not separate non-lease components from the associated lease component. This provides the Company with the option of not bifurcating certain common area maintenance recoveries as a non-lease component, if certain requirements are met. The Company expects to elect this practical expedient. If the Company elects this practical expedient, the Company expects that beginning in 2019, minimum rents and expense recoveries will be presented as a single revenue line item in the Consolidated Statement of Operations and Comprehensive Income.

The Company has not completed its budgeting for calendar 2019 and therefore does not yet have specific expectations for leasing costs to be expensed pursuant to ASU No. 2016-02. The actual amount of such costs will ultimately depend on personnel levels, compensation structure, and the results of leasing activities. However, as part of its implementation, the Company is analyzing the impact the standard would have had in prior periods if it had been applied. For the year ended December 31, 2017, the Company's share of capitalized leasing and tenant coordination costs was approximately $11 million. If the accounting under ASU No. 2016-02 had been applied, the Company expects that it would have continued to capitalize approximately $5 million of leasing and tenant coordination costs and additionally expensed approximately $6 million in leasing costs.
XML 33 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Accounting Changes [Text Block]
Change in Accounting Policies

Recognition and Measurement of Financial Assets and Financial Liabilities

On January 1, 2018, the Company adopted Accounting Standards Update (ASU) No. 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities", which changed certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. As such, the Company now measures equity investments at fair value through net income, except for those that result in consolidation or are accounted for under the equity method. Upon adoption, the Company applied the modified-retrospective approach and recorded a one-time cumulative-effect adjustment to reclassify $1.0 million of historical unrealized gains on the fair value adjustments as of December 31, 2017 of its investment in Simon Property Group (SPG) common shares from Accumulated Other Comprehensive Income (Loss) (AOCI) to Dividends in Excess of Net Income on the Company's Consolidated Balance Sheet. Beginning in January 2018, changes in the fair value of any outstanding SPG common shares are being recorded in Nonoperating Income, Net on the Company's Consolidated Statement of Operations and Comprehensive Income (Note 11).

Cash Flow Statement Presentation

On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows. As a result, the Company changed the presentation of its Consolidated Statement of Cash Flows for both the nine months ended September 30, 2018 and 2017 to include restricted cash. Refer to Note 13 for a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU, the Company revisited its accounting policies and presentation in regards to cash, deposits, and other investments subject to restrictions. In doing so, the Company reclassified $119.2 million from Deferred Charges and Other Assets to Restricted Cash on the Consolidated Balance Sheet as of December 31, 2017, to conform to current year classifications.

On January 1, 2018, the Company adopted ASU No. 2016-15, "Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments", which clarified the presentation of certain cash receipts and payments, including the classification of distributions received from equity method investees, on the Consolidated Statement of Cash Flows. In connection with the adoption of this ASU on January 1, 2018, the Company re-evaluated its current methodology and retrospectively changed the presentation of the Consolidated Statement of Cash Flows for the nine months ended September 30, 2017 to re-classify prior year balances to correspond with current year classifications, specifically related to distributions received from equity method investees.
Revenue from Contract with Customer [Text Block]
Adoption of Accounting Standards Codification (ASC) Topic 606 ("Revenue from Contracts with Customers")

General

On January 1, 2018, the Company adopted ASC Topic 606, Revenue from Contracts with Customers. ASC Topic 606 provides a single comprehensive model to use in accounting for revenue arising from contracts with customers, and gains and losses arising from transfers of non-financial assets including sales of property and equipment, real estate, and intangible assets. The Company adopted ASC Topic 606 for all applicable contracts using the modified retrospective method, which would have required a cumulative-effect adjustment, if any, as of the date of adoption. The adoption of ASC Topic 606 did not have a material impact on the Company's consolidated financial statements as of the date of adoption, and therefore a cumulative-effect adjustment was not required.

The Company applied ASC Topic 606 using certain practical expedients. As a result of this election, the Company will not disclose the aggregate amount of the transaction price for unsatisfied, or partially unsatisfied, performance obligations for all contracts with an original expected length of one year or less and management contracts for which the Company recognizes revenue based on its right to invoice for management, leasing, and development services performed. Refer to the "Nature of Services and Performance Obligations" section for further discussion of these services.

Disaggregation of Revenue

The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company’s disaggregation of consolidated revenues for this purpose.
 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
 
2018
 
2017
 
2018
 
2017
Expense recoveries
 
$
52,096

 
$
51,960

 
$
154,177

 
$
154,385

Shopping center and other operational revenues (1)
 
12,303

 
10,948

 
33,940

 
29,452

Management, leasing, and development services
 
860

 
1,147

 
2,480

 
3,439

Total revenue from contracts with customers
 
$
65,259

 
$
64,055

 
$
190,597


$
187,276


(1)
Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income.



Nature of Services and Performance Obligations

Expense recoveries revenue represents reimbursements from mall tenants for (1) services performed by the Company to the benefit of all mall tenants and the property as a whole for common area maintenance, (2) insurance, property taxes, and utilities, and (3) promotion and other miscellaneous charges. As these expense recoveries are provided for under tenant lease agreements, these revenues will not be evaluated under ASC Topic 606 until the Company's adoption of ASU No. 2016-02, Leases, which will be adopted as of January 1, 2019.

Shopping center and other operational revenues represent a collection of non-core revenue streams that are generated through the course of owning and operating a shopping center, including sponsorship, parking, and storage income, as well as revenues from food and beverage operations. The contracts for these revenue streams are predominately short-term in nature and individually do not contain more than one performance obligation. The Company satisfies its performance obligations related to shopping center and other operational revenues either over time or at a point in time, depending on the specific nature of the revenue generating activity. For performance obligations that are satisfied at a point in time, including food and beverage and parking income, the control of the good or service is immediately transferred to the customer upon completion of the performance obligation. Payment terms related to shopping center and other operational revenues vary depending on the nature of the agreement, however, payment is generally due directly upon the satisfaction of the related performance obligation.

Management, leasing, and development services revenue represents income from various services performed by the Company for its third party customers, as provided for under management agreements. These services typically generate fees that are based on operating results of the shopping centers, the execution and opening of mall tenants, and/or the successful completion of other agreed-upon services. As each management agreement provides for a variety of services, significant judgment is required to identify multiple performance obligations. The standalone selling price of each performance obligation is determined based on the terms of the management agreement and the specific services being rendered. Each performance obligation is considered to be satisfied over time as services are rendered. The related revenue is recognized upon billing, as the amounts invoiced generally correspond directly with the value the customer is receiving from the services. Customers are invoiced on quarterly basis and payment is generally due within 30 days of each calendar quarter.

Information about Contract Balances and Unsatisfied Performance Obligations

Contract assets exist when the Company has a right to payment for services rendered that remains conditional on factors other than the passage of time. Similarly, contract liabilities are incurred when customers prepay for services to be rendered. Certain revenue streams within shopping center and other operational revenues may give rise to contract assets and liabilities. However, these revenue streams are generally short-term in nature and the difference between revenue recognition and cash collection, although variable, does not differ significantly from period to period. As of September 30, 2018, the Company had an inconsequential amount of contract assets and liabilities.

The aggregate amount of the transaction price allocated to the Company's performance obligations that were unsatisfied, or partially unsatisfied, as of September 30, 2018 were inconsequential.
XML 34 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Interim Financial Statements (Tables)
 9 Months Ended
Sep. 30, 2018
Notes to Financial Statements [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenue

The nature, amount, timing, and uncertainty of individual types of revenues may be affected differently by economic factors. Under ASC Topic 606, the Company is required to disclose a disaggregation of its revenues derived from contracts from customers that considers economic differences between revenue types. The following table summarizes the Company’s disaggregation of consolidated revenues for this purpose.
 
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
 
2018
 
2017
 
2018
 
2017
Expense recoveries
 
$
52,096

 
$
51,960

 
$
154,177

 
$
154,385

Shopping center and other operational revenues (1)
 
12,303

 
10,948

 
33,940

 
29,452

Management, leasing, and development services
 
860

 
1,147

 
2,480

 
3,439

Total revenue from contracts with customers
 
$
65,259

 
$
64,055

 
$
190,597


$
187,276


(1)
Represents consolidated Other revenue reported on the Consolidated Statement of Operations and Comprehensive Income excluding lease cancellation income.
XML 35 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Tables)
 9 Months Ended
Sep. 30, 2018
Income Tax Contingency [Line Items]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The Company’s income tax expense (benefit) for the three and nine months ended September 30, 2018 and 2017 consisted of the following:

 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Federal current
$
(433
)
 
$
253

 
$
(373
)
 
$
(1,103
)
Federal deferred
(711
)
 
(204
)
 
(1,059
)
 
823

Foreign current
223

 
370

 
857

 
712

Foreign deferred
50

 
(176
)
 
(74
)
 
(136
)
State current
(113
)
 
(202
)
 
(110
)
 
(61
)
State deferred
(12
)
 
13

 
(25
)
 
140

Total income tax expense (benefit)
$
(996
)

$
54


$
(784
)
 
$
375
Deferred tax assets and liabilities
Deferred tax assets and liabilities as of September 30, 2018 and December 31, 2017 were as follows:

 
2018
 
2017
Deferred tax assets:
 
 
 
Federal
$
5,665

(1) 
$
503

Foreign
1,816

 
1,788

State
1,037

 
545

Total deferred tax assets
$
8,518

 
$
2,836

Valuation allowances
(2,291
)
 
(1,620
)
Net deferred tax assets
$
6,227

 
$
1,216

Deferred tax liabilities:
 
 
 

Foreign
$
1,863

 
$
1,517

Total deferred tax liabilities
$
1,863

 
$
1,517



(1)
During 2018, a $4.1 million deferred tax asset was recognized for the Federal investment tax credit generated from solar equipment placed in service. A corresponding reduction in properties assets was recorded to reflect the deferral method of accounting for tax credits.
XML 36 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments in Unconsolidated Joint Ventures (Tables)
 9 Months Ended
Sep. 30, 2018
Beneficial Interests In Joint Ventures
The Company owns beneficial interests in joint ventures that own shopping centers. The Operating Partnership is the sole direct or indirect managing general partner or managing member of Fair Oaks Mall, International Plaza, Stamford Town Center, Sunvalley, The Mall at University Town Center, and Westfarms; however, these joint ventures are accounted for under the equity method due to the substantive participation rights of the outside partners. The Operating Partnership also provides certain management, leasing, and/or development services to the other shopping centers noted below.
Shopping Center
 
Ownership as of
September 30, 2018 and
December 31, 2017
CityOn.Xi'an
 
50%
CityOn.Zhengzhou
 
49
Country Club Plaza
 
50
Fair Oaks Mall
 
50
International Plaza
 
50.1
The Mall at Millenia
 
50
Stamford Town Center
 
50
Starfield Anseong (under development)
 
Note 2
Starfield Hanam
 
34.3
Sunvalley
 
50
The Mall at University Town Center
 
50
Waterside Shops
 
50
Westfarms
 
79
Equity Method Investment Summarized Financial Information Text Block
Combined Financial Information

Combined balance sheet and results of operations information is presented in the following table for the Unconsolidated Joint Ventures, followed by the Operating Partnership's beneficial interest in the combined operations information. The combined financial information of the Unconsolidated Joint Ventures as of September 30, 2018 excludes the balances of Starfield Anseong, which was under development as of September 30, 2018 (Note 2). Beneficial interest is calculated based on the Operating Partnership's ownership interest in each of the Unconsolidated Joint Ventures.

 
September 30,
2018
 
December 31,
2017
Assets:
 
 
 
Properties
$
3,709,976

 
$
3,756,890

Accumulated depreciation and amortization
(838,955
)
 
(767,678
)
 
$
2,871,021

 
$
2,989,212

Cash and cash equivalents
171,616

 
147,102

Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017
129,216

 
121,173

Deferred charges and other assets
125,357

 
136,837

 
$
3,297,210

 
$
3,394,324

 
 
 
 
Liabilities and accumulated equity (deficiency) in assets:
 

 
 

Notes payable, net 
$
2,822,403

 
$
2,860,384

Accounts payable and other liabilities
432,663

 
471,948

TRG's accumulated deficiency in assets
(53,500
)
 
(48,338
)
Unconsolidated Joint Venture Partners' accumulated equity in assets
95,644

 
110,330

 
$
3,297,210

 
$
3,394,324

 
 
 
 
TRG's accumulated deficiency in assets (above)
$
(53,500
)
 
$
(48,338
)
TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou
140,011

 
46,106

TRG basis adjustments, including elimination of intercompany profit
58,422

 
63,886

TCO's additional basis
47,664

 
49,124

Net investment in Unconsolidated Joint Ventures
$
192,597

 
$
110,778

Distributions in excess of investments in and net income of Unconsolidated Joint Ventures
480,622

 
494,851

Investment in Unconsolidated Joint Ventures
$
673,219

 
$
605,629



 
Three Months Ended September 30
 
  Nine Months Ended September 30
 
2018
 
2017
 
2018
 
2017
Revenues
$
146,973

 
$
146,406

 
$
446,608

 
$
429,679

Maintenance, taxes, utilities, promotion, and other operating expenses
$
50,140

 
$
59,494

 
$
155,321

 
$
159,854

Interest expense
33,199

 
32,108

 
99,316

 
97,198

Depreciation and amortization
32,791

 
31,907

 
98,727

 
95,103

Total operating costs
$
116,130

 
$
123,509

 
$
353,364

 
$
352,155

Nonoperating income, net
563

 
340

 
1,491

 
2,551

Income tax expense
(1,896
)
 
(276
)
 
(4,740
)
 
(4,139
)
Gain on disposition, net of tax (1)


 
 
 


 
3,713

Net income
$
29,510

 
$
22,961

 
$
89,995

 
$
79,649

 
 
 
 
 
 
 
 
Net income attributable to TRG
$
15,193

 
$
12,585

 
$
46,435

 
$
42,833

Realized intercompany profit, net of depreciation on TRG’s basis adjustments
2,205

 
1,626

 
5,705

 
5,726

Depreciation of TCO's additional basis
(488
)
 
(488
)
 
(1,460
)
 
(1,460
)
Equity in income of Unconsolidated Joint Ventures
$
16,910

 
$
13,723

 
$
50,680

 
$
47,099

 
 
 
 
 
 
 
 
Beneficial interest in Unconsolidated Joint Ventures’ operations:
 

 
 

 
 

 
 

Revenues less maintenance, taxes, utilities, promotion, and other operating expenses
$
52,216

 
$
47,063

 
$
155,744

 
$
147,310

Interest expense
(17,093
)
 
(16,574
)
 
(51,107
)
 
(50,204
)
Depreciation and amortization
(17,190
)
 
(16,646
)
 
(51,570
)
 
(49,819
)
Income tax expense
(1,023
)
 
(120
)
 
(2,387
)
 
(2,271
)
Gain on disposition, net of tax (1)


 
 
 


 
2,083

Equity in income of Unconsolidated Joint Ventures
$
16,910

 
$
13,723

 
$
50,680

 
$
47,099



(1)Amount represents the gain related to the sale of the Valencia Place office tower at Country Club Plaza in March 2017 (Note 2).
XML 37 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Beneficial Interest in Debt and Interest Expense (Tables)
 9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Operating Partnership's beneficial interest

The Operating Partnership's beneficial interest in the debt, capitalized interest, and interest expense of its consolidated subsidiaries and its Unconsolidated Joint Ventures is summarized in the following table. The Operating Partnership's beneficial interest in the consolidated subsidiaries excludes debt and interest related to the noncontrolling interest in Cherry Creek Shopping Center (50%) and International Market Place (6.5%).
 
At 100%
 
At Beneficial Interest
 
 
Consolidated Subsidiaries
 
Unconsolidated Joint Ventures
 
Consolidated Subsidiaries
 
Unconsolidated Joint Ventures
 
Debt as of:
 
 
 
 
 
 
 
 
September 30, 2018
$
3,793,278

 
$
2,822,403

 
$
3,502,696

 
$
1,441,430

 
December 31, 2017
3,555,228

 
2,860,384

 
3,261,777

 
1,459,854

 
 
 
 
 
 
 
 
 
 
Capitalized interest:
 

 
 

 
 

 
 

 
Nine Months Ended September 30, 2018
$
12,266

(1) 
$
9

 
$
12,202

(1) 
$
4

 
Nine Months Ended September 30, 2017
9,552

(1) 
456

(2) 
9,480

(1) 
456

(2) 
 
 
 
 
 
 
 
 
 
Interest expense:
 

 
 

 
 

 
 

 
Nine Months Ended September 30, 2018
$
97,242

 
$
99,316

 
$
88,219

 
$
51,107

 
Nine Months Ended September 30, 2017
80,074

 
97,198

 
71,136

 
50,204

 


(1)
The Company capitalizes interest costs incurred in funding its equity contributions to development projects accounted for as Unconsolidated Joint Ventures. The capitalized interest cost is included in the Company's basis in its investment in Unconsolidated Joint Ventures. Such capitalized interest reduces interest expense on the Consolidated Statement of Operations and Comprehensive Income and in the table above is included within Consolidated Subsidiaries.
(2)
Capitalized interest on the Asia Unconsolidated Joint Venture construction financing is presented at the Company's beneficial interest in both the Unconsolidated Joint Ventures (at 100%) and Unconsolidated Joint Ventures (at Beneficial Interest) columns.
XML 38 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Noncontrolling Interests (Tables)
 9 Months Ended
Sep. 30, 2018
Noncontrolling Interest [Line Items]  
Reconciliation Of Redeemable Noncontrolling Interest
 
Nine Months Ended September 30
 
2018
 
2017
Balance, January 1
$
7,500

 
$
8,704

Former Taubman Asia President vested redeemable equity


 
446

Allocation of net loss
(135
)
 
(721
)
Adjustments of redeemable noncontrolling interest
135

 
721

Balance, September 30
$
7,500

 
$
9,150
Net equity balance of noncontrolling interests
The net equity balance of the non-redeemable noncontrolling interests as of September 30, 2018 and December 31, 2017 included the following:
 
2018
 
2017
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling interests in consolidated joint ventures
$
(157,838
)
 
$
(160,359
)
Noncontrolling interests in partnership equity of TRG
(40,163
)
 
(11,909
)
 
$
(198,001
)
 
$
(172,268
)
Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to the noncontrolling interests for the three months ended September 30, 2018 and 2017 included the following:
 
Three Months Ended September 30
 
2018
 
2017
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
1,589

 
$
1,524

Noncontrolling share of income of TRG
9,192

 
2,298

 
$
10,781

 
$
3,822

Redeemable noncontrolling interest:
(25
)
 
(294
)
 
$
10,756

 
$
3,528


Net income (loss) attributable to the noncontrolling interests for the nine months ended September 30, 2018 and 2017 included the following:
 
Nine Months Ended September 30
 
2018
 
2017
Net income (loss) attributable to noncontrolling interests:
 
 
 
Non-redeemable noncontrolling interests:
 
 
 
Noncontrolling share of income of consolidated joint ventures
$
4,523

 
$
5,000

Noncontrolling share of income of TRG
24,393

 
16,302

 
$
28,916

 
$
21,302

Redeemable noncontrolling interest:
(135
)
 
(721
)
 
$
28,781

 
$
20,581
Effects of changes in ownership interest in consolidated subsidiaries on equity
The following table presents the effects of changes in Taubman Centers, Inc.’s ownership interest in consolidated subsidiaries on Taubman Centers, Inc.’s equity for the nine months ended September 30, 2018 and 2017:
 
Nine Months Ended September 30
 
2018
 
2017
Net income attributable to Taubman Centers, Inc. common shareowners
$
54,873

 
$
35,016

Transfers (to) from the noncontrolling interest:
 

 
 

(Decrease) increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)
(211
)
 
(490
)
Net transfers (to) from noncontrolling interests
(211
)
 
(490
)
Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests
$
54,662

 
$
34,526


(1)
In 2018 and 2017, adjustments of the noncontrolling interest were made as a result of changes in the Company's ownership of the Operating Partnership in connection with the Company's share-based compensation under employee and director benefit plans (Note 8), issuances of common stock pursuant to the Continuing Offer (Note 9), and in connection with the accounting for the Former Asia President's redeemable ownership interest.
XML 39 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]  
Interest rate derivatives designated as cash flow hedges
As of September 30, 2018, the Company had the following outstanding derivatives that were designated and are expected to be effective as cash flow hedges of the interest payments and/or the currency exchange rate on the associated debt.
Instrument Type

Ownership

Notional Amount

Swap Rate

Credit Spread on Loan

Total Swapped Rate on Loan

Maturity Date
Consolidated Subsidiaries:

 

 
 
 
 
 
 
 
 
 
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

$
200,000

 
1.64
%
 
1.90
%
(1) 
3.54
%
(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

175,000

 
1.65
%
 
1.70
%
(1) 
3.35
%
(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (1)

100
%

100,000

 
1.64
%
 
1.90% / 1.70%

(1) 
3.54% / 3.34%

(1) 
February 2019
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
100,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
100,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
50,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (2)
 
100
%
 
50,000

 
2.14
%
 
1.90
%
(2) 
4.04
%
(2) 
February 2022
Receive variable (LIBOR) /pay-fixed swap (3)
 
100
%
 
12,000

 
2.09
%
 
1.40
%
 
3.49
%
 
March 2024
Unconsolidated Joint Ventures:

 


 

 
 

 
 

 
 

 
 
Receive variable (LIBOR) /pay-fixed swap (4)
 
50.1
%
 
163,072

 
1.83
%
 
1.75
%
 
3.58
%
 
December 2021
Receive variable (LIBOR) USD/pay-fixed Korean Won (KRW) cross-currency interest rate swap (5)
 
34.3
%
 
52,065 USD / 60,500,000 KRW

 
1.52
%
 
1.60
%
 
3.12
%
 
September 2020

(1)
The hedged forecasted transaction for each of these swaps is the first previously unhedged one-month LIBOR-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on the $250 million unsecured term loan and $225 million on the $1.1 billion primary unsecured revolving line of credit. The credit spreads on these loans can vary within a range of 1.25% to 1.90% on the $250 million unsecured term loan and 1.15% to 1.70% on the primary unsecured revolving line of credit, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of 2.89% to 3.54% on the $250 million unsecured term loan and 2.80% to 3.35% on $225 million of the $1.1 billion primary unsecured revolving line of credit during the remaining swap period. In October 2018, the Company entered into forward starting swaps on the $250 million unsecured term loan (see "Note 5 - Beneficial Interest in Debt and Interest Expense - 2018 Financings").
(2)
The hedged forecasted transaction for each of these swaps is the first previously unhedged one-month LIBOR-indexed interest payments accrued and made each month on a debt principal amount equal to the swap notional amount, regardless of the specific debt agreement from which they may flow. The Company is currently using these swaps to manage interest rate risk on its $300 million unsecured term loan. The credit spread on this loan can vary within a range of 1.25% to 1.90%, depending on the Company's total leverage ratio at the measurement date, resulting in an effective rate in the range of 3.39% to 4.04% during the swap period.
(3)
The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on the U.S. headquarters building.
(4)
The notional amount on this swap is equal to the outstanding principal balance of the floating rate loan on International Plaza.
(5)
The notional amount on this swap is equal to the outstanding principal balance of the U.S. dollar construction loan for Starfield Hanam. There is a cross-currency interest rate swap to fix the interest rate on the loan and swap the related principal and interest payments from U.S. dollars to KRW in order to reduce the impact of fluctuations in interest rates and exchange rates on the cash flows of the joint venture. The currency swap exchange rate is 1,162.0.


Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income
 
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Three Months Ended September 30
 
 
 
Three Months Ended September 30
 
2018
 
2017
 
 
 
2018
 
2017
Derivatives in cash flow hedging relationships:
 
 
 
 

 
 
 
 
Interest rate contracts – consolidated subsidiaries
$
756

 
$
472

 
Interest Expense
 
$
506

 
$
(533
)
Interest rate contracts – UJVs
235

 
454

 
Equity in Income of UJVs
 
(1
)
 
(523
)
Cross-currency interest rate contract – UJV
92

 
(13
)
 
Equity in Income of UJVs
 
(36
)
 
22

Total derivatives in cash flow hedging relationships
$
1,083

 
$
913

 
 
 
$
469

 
$
(1,034
)


 
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)
 
Nine Months Ended September 30
 
 
 
Nine Months Ended September 30
 
2018
 
2017
 
 
 
2018
 
2017
Derivatives in cash flow hedging relationships:
 
 
 
 

 
 
 
 
Interest rate contracts – consolidated subsidiaries
$
8,674

 
$
(257
)
 
Interest Expense
 
$
205

 
$
(2,409
)
Interest rate contracts – UJVs
2,101

 
1,693

 
Equity in Income of UJVs
 
(287
)
 
(1,920
)
Cross-currency interest rate contract – UJV
(90
)
 
(32
)
 
Equity in Income of UJVs
 
781

 
(982
)
Total derivatives in cash flow hedging relationships
$
10,685

 
$
1,404

 
 
 
$
699

 
$
(5,311
)
Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet
The Company records all derivative instruments at fair value on the Consolidated Balance Sheet. The following table presents the location and fair value of the Company’s derivative financial instruments as reported on the Consolidated Balance Sheet as of September 30, 2018 and December 31, 2017.
 
 
 
Fair Value
 
Consolidated Balance Sheet Location
 
September 30,
2018
 
December 31,
2017
Derivatives designated as hedging instruments:
 
 
 
 
 
Asset derivatives:
 
 
 
 
 
Interest rate contracts – consolidated subsidiaries
Deferred Charges and Other Assets
 
$
9,128

 
$
939

Interest rate contract - UJV
Investment in UJVs
 
2,504

 
760

Total assets designated as hedging instruments
 
 
$
11,632

 
$
1,699

 
 
 
 
 
 
Liability derivatives:
 
 
 

 
 
Interest rate contracts – consolidated subsidiary
Accounts Payable and Accrued Liabilities
 


 
$
(484
)
Interest rate contracts – UJV
Investment in UJVs
 


 
(357
)
Cross-currency interest rate contract – UJV
Investment in UJVs
 
$
(940
)
 
(1,630
)
Total liabilities designated as hedging instruments
 
 
$
(940
)
 
$
(2,471
)
XML 40 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation Arrangement by Share-based Payment Award Restricted Profits Units, Vested and Expected to Vest [Table Text Block]
 
Number of Restricted TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
61,131

 
$
59.08

Granted
8,154

 
49.29

Outstanding at September 30, 2018
69,285

 
$
57.93

 
 
 
 
Fully vested at September 30, 2018
3,826

 
$
59.03
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, TSR Performance-Based Profits Units, Vested and Expected to Vest [Table Text Block]
 
Number of relative TSR Performance-based TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
129,733

 
$
25.59

Granted
18,345

 
22.22

Outstanding at September 30, 2018
148,078

 
$
25.17

 
 
 
 
Fully vested at September 30, 2018
797

 
$
23.14
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, NOI Performance-Based Profits Units, Vested and Expected to Vest1 [Table Text Block]
 
Number of NOI Performance-based TRG Profits Units
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
131,604

 
$
19.69

Granted
18,345

 
16.43

Outstanding at September 30, 2018
149,949

 
$
19.28

 
 
 
 
Fully vested at September 30, 2018
2,668

 
$
33.56

    
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
 
Number of TSR PSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
40,850

 
$
107.38

Vested
(37,046
)
(1) 
110.19

Granted
10,393

 
78.82

Outstanding at September 30, 2018
14,197

 
$
79.13

    
(1)
Based on the Company's market performance relative to that of a peer group, the actual number of shares of common stock issued upon vesting during the nine months ended September 30, 2018 was 45,941 shares (1.24x) for the TSR PSU. That is, despite the completion of the applicable employee service requirements, the number of shares ultimately considered earned is determined by the extent to which the TSR market performance measure was achieved during the performance period.
Schedule of Nonvested NOI Performance-based Units Activity [Table Text Block]
 
Number of NOI PSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018
3,804

 
$
67.00

Granted
10,393

 
58.28

Outstanding at September 30, 2018
14,197

 
$
60.59
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
 
Number of RSU
 
Weighted Average Grant-Date Fair Value
Outstanding at January 1, 2018 (1)
195,021

 
$
69.22

Vested
(73,294
)
 
73.91

Granted
69,931

 
58.28

Forfeited
(4,817
)
 
62.18

Outstanding at September 30, 2018
186,841

 
$
63.46



(1)
The beginning balance outstanding and associated grant-date fair value were adjusted immaterially from previously reported amounts to reflect the actual number of RSU outstanding as of January 1, 2018.
XML 41 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):
 

 
 
 
 
 
 
Basic
$
20,976

 
$
4,363

 
$
54,873

 
$
35,016

Impact of additional ownership of TRG
31

 
7

 
77

 
74

Diluted
$
21,007

 
$
4,370

 
$
54,950

 
$
35,090

 
 
 
 
 
 
 
 
Shares (Denominator) – basic
61,001,357

 
60,710,184

 
60,970,572

 
60,654,026

Effect of dilutive securities
294,710

 
288,967

 
274,729

 
364,829

Shares (Denominator) – diluted
61,296,067

 
60,999,151

 
61,245,301

 
61,018,855

 
 
 
 
 
 
 
 
Earnings per common share – basic
$
0.34

 
$
0.07

 
$
0.90

 
$
0.58

Earnings per common share – diluted
$
0.34

 
$
0.07

 
$
0.90

 
$
0.58
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 common share as they were anti-dilutive in the period presented.
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
2018

2017
 
2018
 
2017
Weighted average noncontrolling TRG Units outstanding
4,115,235

 
4,164,979

 
4,134,110

 
4,082,322

Unissued TRG Units under unit option deferral elections
871,262

 
871,262

 
871,262

 
871,262
XML 42 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Disclosures (Tables)
 9 Months Ended
Sep. 30, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
 
 
Fair Value Measurements as of September 30, 2018 Using
 
Fair Value Measurements as of
December 31, 2017 Using
Description
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
SPG common shares
 
$
77,792

 
 
 
$
101,348

 
 
Insurance deposit
 
10,077

 
 

 
16,703

 
 

Derivative interest rate contracts (Note 7)
 
 
 
$
9,128

 
 
 
$
939

Total assets
 
$
87,869


$
9,128

 
$
118,051

 
$
939

 
 
 
 
 
 
 
 
 
Derivative interest rate contracts (Note 7)
 
 

 


 
 

 
$
(484
)
Total liabilities
 
 

 
$
—

 
 

 
$
(484
)
Estimated fair value of notes payable
The estimated fair values of notes payable at September 30, 2018 and December 31, 2017 were as follows:
 
2018
 
2017
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Notes payable, net
$
3,793,278

 
$
3,663,323

 
$
3,555,228

 
$
3,503,071
XML 43 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Accumulated Other Comprehensive Income Components [Line Items]    
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax [Table Text Block]
The following table presents reclassifications out of AOCI for the nine months ended September 30, 2018:
Details about AOCI Components
 
Amounts reclassified from AOCI
 
Affected line item on the Consolidated Statement of Operations and Comprehensive Income
Losses (gain) on interest rate instruments and other:
 
 
 
 
Realized gain on interest rate contracts - consolidated subsidiaries
 
$
(205
)
 
Interest Expense
Realized loss on interest rate contracts - UJVs
 
287

 
Equity in Income of UJVs
Realized gain on cross-currency interest rate contract - UJV
 
(781
)
 
Equity in Income of UJVs
Total reclassifications for the period
 
$
(699
)
 
 
The following table presents reclassifications out of AOCI for the nine months ended September 30, 2017:
Details about AOCI Components
 
Amounts reclassified from AOCI
 
Affected line item on the Consolidated Statement of Operations and Comprehensive Income
Losses on interest rate instruments and other:
 
 
 
 
Realized loss on interest rate contracts - consolidated subsidiaries
 
$
2,409

 
Interest Expense
Realized loss on interest rate contracts - UJVs
 
1,920

 
Equity in Income of UJVs
Realized loss on cross-currency interest rate contract - UJV
 
982

 
Equity in Income of UJVs
Total reclassifications for the period
 
$
5,311

 
 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Changes in the balance of each component of AOCI for the nine months ended September 30, 2018 were as follows:
 
Taubman Centers, Inc. AOCI
 
Noncontrolling Interests AOCI
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
January 1, 2018
$
384

 
$
(7,303
)
 
$
(6,919
)
 
$
159

 
$
9,220

 
$
9,379

Other comprehensive income (loss) before reclassifications
(15,777
)
 
8,081

 
(7,696
)
 
(6,447
)
 
3,303

 
(3,144
)
Amounts reclassified from AOCI
 
 
(496
)
 
(496
)
 
 
 
(203
)
 
(203
)
Net current period other comprehensive income (loss)
$
(15,777
)
 
$
7,585

 
$
(8,192
)
 
$
(6,447
)
 
$
3,100

 
$
(3,347
)
Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)
 
 
(678
)
 
(678
)
 
 
 
(277
)
 
(277
)
Adjustments due to changes in ownership
1

 
25

 
26

 
(1
)
 
(25
)
 
(26
)
September 30, 2018
$
(15,392
)
 
$
(371
)
 
$
(15,763
)
 
$
(6,289
)
 
$
12,018

 
$
5,729
Changes in the balance of each component of AOCI for the nine months ended September 30, 2017 were as follows:
 
Taubman Centers, Inc. AOCI
 
Noncontrolling Interests AOCI
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
 
Cumulative translation adjustment
 
Unrealized gains (losses) on interest rate instruments and other
 
Total
January 1, 2017
$
(23,147
)
 
$
(12,769
)
 
$
(35,916
)
 
$
(9,613
)
 
$
7,065

 
$
(2,548
)
Other comprehensive income (loss) before reclassifications
13,839

 
(5,721
)
 
8,118

 
5,689

 
(2,351
)
 
3,338

Amounts reclassified from AOCI

 
3,763

 
3,763

 


 
1,548

 
1,548

Net current period other comprehensive income (loss)
$
13,839

 
$
(1,958
)
 
$
11,881

 
$
5,689

 
$
(803
)
 
$
4,886

Adjustments due to changes in ownership
(69
)
 
53

 
(16
)
 
69

 
(53
)
 
16

September 30, 2017
$
(9,377
)
 
$
(14,674
)
 
$
(24,051
)
 
$
(3,855
)
 
$
6,209

 
$
2,354
XML 44 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Tables)
 9 Months Ended
Sep. 30, 2018
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
Reconciliation of Cash, Cash Equivalents, and Restricted Cash

On January 1, 2018, the Company adopted ASU No. 2016-18, "Statement of Cash Flows - Restricted Cash", which changed the presentation of restricted cash and changes in restricted cash on the Consolidated Statement of Cash Flows (Note 1). The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheet that sum to the total of the same such amounts shown on the Consolidated Statement of Cash Flows.
 
September 30,
2018
 
December 31,
2017
Cash and cash equivalents
$
38,037

 
$
42,499

Restricted cash
95,254

 
121,905

Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows
$
133,291

 
$
164,404
XML 45 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Interim Financial Statements (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]          
Costs Associated With Shareowner Activism $ 1,500 $ 3,500 $ 10,000 $ 12,000  
Restructuring Charges $ 1,751 $ (423) $ 4,063  
Number of urban and suburban shopping centers in the Company's owned portfolio 23   23    
Number of states in which Company operates 11   11    
Westfarms [Member]          
Schedule of Equity Method Investments [Line Items]          
Ownership percentage (in hundredths) 79.00%   79.00%   79.00%
International Plaza [Member]          
Schedule of Equity Method Investments [Line Items]          
Ownership percentage (in hundredths) 50.10%   50.10%   50.10%
Taubman Prestige Outlets Chesterfield [Member]          
Schedule of Equity Method Investments [Line Items]          
Period After Which Termination Option Available if Redevelopment Not Begun     5 years    
XML 46 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Interim Financial Statements (Operating Partnership) (Details) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Mar. 31, 2018
The Operating Partnership [Abstract]            
Number Of Classes Of Preferred Stock     three      
Common stock, shares outstanding 61,012,282   61,012,282   60,832,918  
Number Of Classes Of Preferred Equity     two      
Noncontrolling Interest, Ownership Percentage by Parent 71.00%   71.00%      
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest     71.00% 71.00%    
Units of Partnership Interest, Amount 85,945,815   85,945,815      
Number Of Operating Partnership Units Outstanding Owned By Company 61,012,282   61,012,282      
Restructuring Charges $ 1,751,000 $ (423,000) $ 4,063,000    
Restructuring Reserve 200,000 200,000 200,000 200,000    
Costs Associated With Shareowner Activism 1,500,000 3,500,000 $ 10,000,000 12,000,000    
Substantial Doubt about Going Concern, Management's Evaluation     When preparing financial statements for each annual and interim reporting period, management has the responsibility to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued. No such conditions or events were identified as of the issuance date of the financial statements contained in this Quarterly Report on Form 10-Q.      
Prior Period Reclassification Adjustment         $ 119,200,000  
Expense recoveries 52,096,000 51,960,000 $ 154,177,000 154,385,000    
Shopping center and other operational revenues (1) 12,303,000 10,948,000 33,940,000 29,452,000    
Management, leasing, and development services 860,000 1,147,000 2,480,000 3,439,000    
Total revenue from contracts with customers $ 65,259,000 $ 64,055,000 $ 190,597,000 $ 187,276,000    
Number of Days Invoices Generally Due     30 days      
Series J Preferred Stock [Member]            
The Operating Partnership [Abstract]            
Dividend rate (in hundredths)     6.50%      
Preferred Stock, Shares Outstanding 7,700,000   7,700,000   7,700,000  
Series K Preferred Stock [Member]            
The Operating Partnership [Abstract]            
Dividend rate (in hundredths)     6.25%      
Preferred Stock, Shares Outstanding 6,800,000   6,800,000   6,800,000  
Series B Preferred Stock [Member]            
The Operating Partnership [Abstract]            
Units of Partnership Interest, Terms of Conversion     one share of nonparticipating Series B Preferred Stock per each unit of limited partnership in TRG (TRG Unit)      
Preferred Stock, voting rights     one vote per share      
Convertible Preferred Stock, Terms of Conversion     ratio of 14,000 shares of Series B Preferred Stock for one share of common stock      
Preferred Stock, Shares Outstanding 24,918,773   24,918,773   24,938,114  
Accounting Standards Update 2016-01 [Member]            
The Operating Partnership [Abstract]            
Cumulative Effect of New Accounting Principle in Period of Adoption           $ 1,000,000
Retention Awards [Member]            
The Operating Partnership [Abstract]            
Retention Awards, Nonvested Awards, Compensation Cost Not yet Recognized $ 1,900,000   $ 1,900,000      
XML 47 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Disposition, Redevelopments, and Developments (Details)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
USD ($)
ft²
Sep. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Disposition, Redevelopments, and Developments      
Equity Method Investment, Realized Gain (Loss) on Disposal   $ 2,083  
Investment in Unconsolidated Joint Ventures $ 673,219   $ 605,629
Payments To Fund Development Project 10,998  
Country Club Plaza - Valencia Office Tower [Member]      
Disposition, Redevelopments, and Developments      
Proceeds from Sale of Real Estate   75,200  
Sale Price of Joint Venture Real Estate at Beneficial Interest   37,600  
Equity Method Investment, Realized Gain (Loss) on Disposal   $ 2,083  
Equity Method Investment, Ownership Percentage   50.00%  
Starfield Anseong [Member]      
Disposition, Redevelopments, and Developments      
Equity Method Investment, Ownership Percentage 49.00%    
Investment in Unconsolidated Joint Ventures $ 96,200    
Area of Real Estate Property | ft² 1,100,000    
Equity Method Investment Future Expected Ownership Percentage 24.50%    
South Korea [Member]      
Disposition, Redevelopments, and Developments      
Payments To Fund Development Project   $ 10,998  
Return On Investment   5.00%  
Beverly Center and The Mall at Green Hills [Member]      
Disposition, Redevelopments, and Developments      
Number Of Ongoing Redevelopments 2    
Total Anticipated Project Costs $ 700,000    
Capitalized Project Costs $ 536,500    
XML 48 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Operating Loss Carryforwards [Line Items]          
Deferred Tax Assets, Gross $ 8,518   $ 8,518   $ 2,836
Income tax expense (benefit) [Abstract]          
Federal current (433) $ 253 (373) $ (1,103)  
Federal deferred (711) (204) (1,059) 823  
Foreign current 223 370 857 712  
Foreign deferred 50 (176) (74) (136)  
State current (113) (202) (110) (61)  
State deferred (12) 13 (25) 140  
Total income tax expense (benefit) (996) $ 54 (784) $ 375  
Deferred tax assets:          
Valuation allowances (2,291)   (2,291)   (1,620)
Net deferred tax assets 6,227   6,227   1,216
Deferred tax liabilities:          
Deferred tax liabilities 1,863   $ 1,863   $ 1,517
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent     21.00%   34.00%
Domestic Country [Member]          
Operating Loss Carryforwards [Line Items]          
Deferred Tax Assets, Gross 5,665   $ 5,665   $ 503
Foreign Country [Member]          
Operating Loss Carryforwards [Line Items]          
Deferred Tax Assets, Gross 1,816   1,816   1,788
Deferred tax liabilities:          
Deferred tax liabilities 1,863   1,863   1,517
State and Local Jurisdiction [Member]          
Operating Loss Carryforwards [Line Items]          
Deferred Tax Assets, Gross 1,037   1,037   $ 545
Investment Tax Credit Carryforward [Member] | Domestic Country [Member]          
Deferred tax assets:          
Deferred tax assets $ 4,100   $ 4,100    
XML 49 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments in Unconsolidated Joint Ventures (Details) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]    
Depreciable Basis In Years 40 years  
Equity of certain joint ventures less than zero  
CityOn.Xi'an [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
CityOn.Zhengzhou [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 49.00% 49.00%
Country Club Plaza [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
Fair Oaks Mall [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
International Plaza [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.10% 50.10%
The Mall at Millenia [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
Stamford Town Center [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
Starfield Hanam [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 34.30% 34.30%
Sunvalley [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
The Mall at University Town Center [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
Waterside Shops [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 50.00% 50.00%
Westfarms [Member]    
Schedule of Equity Method Investments [Line Items]    
Equity Method Investment, Ownership Percentage 79.00% 79.00%
CityOn.Zhengzhou [Member]    
Schedule of Equity Method Investments [Line Items]    
Notes Receivable, Related Parties $ 43.8 $ 46.1
XML 50 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments in Unconsolidated Joint Ventures (Combined Financial Information Balance Sheet) (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets:    
Properties $ 3,709,976 $ 3,756,890
Accumulated depreciation and amortization (838,955) (767,678)
Properties, net 2,871,021 2,989,212
Cash and cash equivalents 171,616 147,102
Allowance for doubtful accounts 7,006 4,706
Accounts and notes receivable, less allowance for doubtful accounts of $7,006 and $4,706 in 2018 and 2017 129,216 121,173
Deferred charges and other assets 125,357 136,837
Total Assets 3,297,210 3,394,324
Liabilities and accumulated equity (deficiency) in assets:    
Notes payable, net 2,822,403 2,860,384
Accounts payable and other liabilities 432,663 471,948
TRG's accumulated deficiency in assets (53,500) (48,338)
Unconsolidated Joint Venture Partners' accumulated equity in assets 95,644 110,330
Total Liabilities and Accumulated Equity (Deficiency) in Assets 3,297,210 3,394,324
TRG's accumulated deficiency in assets (above) (53,500) (48,338)
TRG's investment in Starfield Anseong (Note 2) and advances to CityOn.Zhengzhou 140,011 46,106
TRG basis adjustments, including elimination of intercompany profit 58,422 63,886
TCO's additional basis 47,664 49,124
Net investment in Unconsolidated Joint Ventures 192,597 110,778
Distributions in excess of investments in and net income of Unconsolidated Joint Ventures 480,622 494,851
Investment in Unconsolidated Joint Ventures $ 673,219 $ 605,629
XML 51 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investments in Unconsolidated Joint Ventures (Combined Financial Information Income Statement) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Equity method investment, summarized financial information, income statement [Abstract]        
Revenues $ 146,973 $ 146,406 $ 446,608 $ 429,679
Maintenance, taxes, utilities, promotion, and other operating expenses 50,140 59,494 155,321 159,854
Interest expense 33,199 32,108 99,316 97,198
Depreciation and amortization 32,791 31,907 98,727 95,103
Total operating costs 116,130 123,509 353,364 352,155
Nonoperating income, net 563 340 1,491 2,551
Income tax expense (1,896) (276) (4,740) (4,139)
Gain on disposition, net of tax (1)   3,713
Net income 29,510 22,961 89,995 79,649
Net income attributable to TRG 15,193 12,585 46,435 42,833
Realized intercompany profit, net of depreciation on TRG’s basis adjustments 2,205 1,626 5,705 5,726
Depreciation of TCO's additional basis (488) (488) (1,460) (1,460)
Equity in income of Unconsolidated Joint Ventures 16,910 13,723 50,680 47,099
Beneficial interest in Unconsolidated Joint Ventures’ operations:        
Revenues less maintenance, taxes, utilities, promotion, and other operating expenses 52,216 47,063 155,744 147,310
Interest expense (17,093) (16,574) (51,107) (50,204)
Depreciation and amortization (17,190) (16,646) (51,570) (49,819)
Income tax expense $ (1,023) $ (120) $ (2,387) (2,271)
Gain on disposition, net of tax (1)       2,083
Country Club Plaza - Valencia Place Office Tower [Member]        
Beneficial interest in Unconsolidated Joint Ventures’ operations:        
Gain on disposition, net of tax (1)       $ 2,083
XML 52 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
Beneficial Interest in Debt and Interest Expense (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
At 100% [Abstract]          
Notes Payable $ 3,793,278   $ 3,793,278   $ 3,555,228
Equity Method Investment, Summarized Financial Information, Noncurrent Liabilities 2,822,403   2,822,403   2,860,384
Capitalized interest, consolidated subsidiaries at 100%     12,266 $ 9,552  
Capitalized interest, unconsolidated joint ventures @100%     9 456  
Interest expense, consolidated subsidiaries at 100% 33,396 $ 27,782 97,242 80,074  
Interest Expense, Unconsolidated Joint Ventures, at 100%     99,316 97,198  
At beneficial interest [Abstract]          
Debt Consolidated Subsidiaries At Beneficial Interest 3,502,696   3,502,696   3,261,777
Debt, unconsolidated joint ventures at beneficial interest 1,441,430   1,441,430   $ 1,459,854
Capitalized interest, consolidated subsidiaries at beneficial interest     12,202 9,480  
Capitalized Interest, Unconsolidated Joint Ventures at Beneficial Interest     4 456  
Interest expense, consolidated subsidiaries at beneficial interest     88,219 71,136  
Interest expense, unconsolidated joint ventures at beneficial interest $ 17,093 $ 16,574 $ 51,107 $ 50,204  
Cherry Creek Shopping Center [Member]          
Debt Instrument [Line Items]          
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners 50.00%   50.00%    
International Market Place [Member]          
Debt Instrument [Line Items]          
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners 6.50%   6.50%    
At 100% [Abstract]          
Notes Payable $ 250,000   $ 250,000    
XML 53 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Beneficial Interest in Debt and Interest Expense (Specific Debt Instrument Detail) (Details) - USD ($)
$ in Thousands
 1 Months Ended 3 Months Ended 9 Months Ended
Oct. 31, 2018
Sep. 30, 2018
Sep. 30, 2018
Oct. 24, 2018
Dec. 31, 2017
Debt Instrument [Line Items]          
Notes Payable, Net   $ 3,793,278 $ 3,793,278   $ 3,555,228
The Mall at Green Hills [Member]          
Debt Instrument [Line Items]          
Notes Payable, Net   150,000 $ 150,000    
Number of Extension Options     two    
Length Of Extension Option     one-year    
International Market Place [Member]          
Debt Instrument [Line Items]          
Notes Payable, Net   250,000 $ 250,000    
Interest Payable   800 $ 800    
Repayments of Debt   $ 43,800      
Length Of Extension Option     two, one-year extension options    
Unsecured Debt 250M Term Loan [Member]          
Debt Instrument [Line Items]          
Debt Instrument, Description of Variable Rate Basis     LIBOR    
Debt Instrument, Term     5 years    
Derivative, Lower Range of Basis Spread, Variable Rate   1.25% 1.25%    
Derivative, Higher Range of Basis Spread, Variable Rate   1.90% 1.90%    
Unsecured Debt   $ 250,000 $ 250,000    
Derivative, Lower Range of Effective Rate, Variable Rate   2.89% 2.89%    
Derivative, Upper Range of Effective Rate, Variable Rate   3.54% 3.54%    
Derivative, Maturity Date     Feb. 01, 2019    
Maximum Borrowing Capacity Including Accordion Feature   $ 400,000 $ 400,000    
Unsecured Debt 300M Term Loan [Member]          
Debt Instrument [Line Items]          
Unsecured Debt   $ 475,000 475,000    
International Market Place [Member]          
Debt Instrument [Line Items]          
Debt Instrument, Description of Variable Rate Basis   LIBOR      
Debt Instrument, Potential Basis Spread on Variable Rate   1.85%      
Debt Instrument, Basis Spread on Variable Rate   2.15%      
Debt Instrument, Term   3 years      
Debt Instrument, Face Amount   $ 250,000 $ 250,000    
Twelve Oaks Mall [Member]          
Debt Instrument [Line Items]          
Debt Instrument, Term     10 years    
Debt Instrument, Face Amount   $ 300,000 $ 300,000    
Debt Instrument, Interest Rate, Effective Percentage   4.85% 4.85%    
Period Over Which Principal Balance Is Amortized     30 years    
Subsequent Event [Member] | Unsecured Debt 250M Term Loan [Member]          
Debt Instrument [Line Items]          
Debt Instrument, Description of Variable Rate Basis LIBOR        
Derivative, Effective Date Mar. 01, 2019        
Derivative, Lower Range of Effective Rate, Variable Rate       4.27%  
Derivative, Upper Range of Effective Rate, Variable Rate       4.92%  
Derivative, Fixed Interest Rate       3.02%  
XML 54 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1
Beneficial Interest in Debt and Interest Expense (Debt Covenants and Guarantees) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2018
Dec. 31, 2017
Guarantor Obligations [Line Items]      
Other Restrictions on Payment of Dividends   0.95  
Notes Payable, Net $ 3,793,278 $ 3,793,278 $ 3,555,228
The Mall at Green Hills [Member]      
Guarantor Obligations [Line Items]      
Notes Payable, Net $ 150,000 $ 150,000  
Number of Extension Options   two  
International Market Place [Member]      
Guarantor Obligations [Line Items]      
Unconditional Guaranty Liability, Principal Balance, Percent 100.00% 100.00%  
Unconditional Guaranty Liability, Interest, Percent 100.00% 100.00%  
Notes Payable, Net $ 250,000 $ 250,000  
Interest Payable 800 $ 800  
International Plaza [Member]      
Guarantor Obligations [Line Items]      
Company's Percentage Share of Derivative Guarantee   50.10%  
Debt Instrument, Face Amount 175,000 $ 175,000  
Line of Credit [Member]      
Guarantor Obligations [Line Items]      
Unsecured Debt 300,000 300,000  
Unsecured Debt 250M Term Loan [Member]      
Guarantor Obligations [Line Items]      
Unsecured Debt $ 250,000 $ 250,000  
Debt Instrument, Term   5 years  
International Market Place [Member]      
Guarantor Obligations [Line Items]      
Debt Instrument, Term 3 years    
Debt Instrument, Face Amount $ 250,000 $ 250,000  
XML 55 R43.htm IDEA: XBRL DOCUMENT v3.10.0.1
Noncontrolling Interests (Details) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2016
Dec. 31, 2017
Noncontrolling Interest [Line Items]            
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 7,500,000 $ 9,150,000 $ 7,500,000 $ 9,150,000    
Ownership percentage in consolidated subsidiary (in hundredths) 71.00%   71.00%      
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, Nonredeemable $ 1,589,000 1,524,000 $ 4,523,000 5,000,000    
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Nonredeemable 9,192,000 2,298,000 24,393,000 16,302,000    
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 10,781,000 3,822,000 28,916,000 21,302,000    
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest (25,000) (294,000) (135,000) (721,000)    
Net Income (Loss) Attributable to Noncontrolling Interest 10,756,000 3,528,000 28,781,000 20,581,000    
Reconciliation Of Redeemable Noncontrolling Interests [Roll Forward]            
Redeemable Noncontrolling Interest, Equity, Carrying Amount     7,500,000      
Former Taubman Asia President vested redeemable equity       446,000    
Allocation of net loss to redeemable noncontrolling interest (25,000) (294,000) (135,000) (721,000)    
Adjustments of redeemable noncontrolling interest     135,000 721,000    
Redeemable Noncontrolling Interest, Equity, Carrying Amount 7,500,000 9,150,000 7,500,000 9,150,000    
Non-redeemable noncontrolling interests:            
Noncontrolling interests in consolidated joint ventures (157,838,000)   (157,838,000)     $ (160,359,000)
Noncontrolling interests in partnership equity of TRG (40,163,000)   (40,163,000)     (11,909,000)
Noncontrolling interests (198,001,000)   (198,001,000)     $ (172,268,000)
Effects of changes in ownership interest in consolidated subsidiaries on equity [Abstract]            
Net income attributable to Taubman Centers, Inc. common shareowners 20,976,000 $ 4,363,000 54,873,000 35,016,000    
(Decrease) increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)     (135,000) (721,000)    
Change from net income attributable to Taubman Centers, Inc. and transfers (to) from noncontrolling interests     $ 54,662,000 $ 34,526,000    
Former Taubman Asia Redeemable Noncontrolling Interest [Member]            
Noncontrolling Interest [Line Items]            
Percentage of dividends to which the President is entitled (in hundredths)     5.00%      
Percentage of President's dividends withheld as contributions to capital (in hundredths)     85.00%      
Redeemable Noncontrolling Interest, Equity, Carrying Amount 7,500,000   $ 7,500,000   $ 8,704,000  
Percentage Of the Former Asia President's interest To Which Is Puttable Beginning In 2019     5.00% 10.00%    
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest     $ (135,000) $ (721,000)    
Reconciliation Of Redeemable Noncontrolling Interests [Roll Forward]            
Redeemable Noncontrolling Interest, Equity, Carrying Amount     7,500,000 8,704,000    
Former Taubman Asia President vested redeemable equity     446,000    
Distributions to redeemable noncontrolling interest         (7,150,000)  
Contributions         2,000,000  
Allocation of net loss to redeemable noncontrolling interest     (135,000) (721,000)    
Redeemable Noncontrolling Interest, Equity, Carrying Amount 7,500,000   $ 7,500,000   $ 8,704,000  
Taubman Successor Asia President Redeemable Noncontrolling Interest [Member]            
Noncontrolling Interest [Line Items]            
Percentage of dividends to which the President is entitled (in hundredths)     3.00%      
Percentage of President's dividends withheld as contributions to capital (in hundredths)     100.00%      
Temporary Equity Redemption Percentage 2017 to as Early as June 2020     50.00%      
Redeemable Noncontrolling Interest, Equity, Carrying Amount 0   $ 0      
Temporary Equity Redemption Percentage Beginning as Early as January 2022     100.00%      
Reconciliation Of Redeemable Noncontrolling Interests [Roll Forward]            
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 0   $ 0      
International Market Place [Member]            
Noncontrolling Interest [Line Items]            
Percentage of noncontrolling interests (in hundredths) 6.50%   6.50%      
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 0   $ 0      
Ownership percentage in consolidated subsidiary (in hundredths) 93.50%   93.50%      
Reconciliation Of Redeemable Noncontrolling Interests [Roll Forward]            
Redeemable Noncontrolling Interest, Equity, Carrying Amount     $ 0      
Redeemable Noncontrolling Interest, Equity, Carrying Amount $ 0   0      
Finite Life Entities [Member]            
Non-redeemable noncontrolling interests:            
Noncontrolling interests (157,800,000)   $ (157,800,000)      
Finite Life Entities [Abstract]            
Termination date of partnership agreement     Jan. 01, 2083      
Estimated Fair Value Of Noncontrolling Interests $ 360,000,000   $ 360,000,000      
Additional Paid-in Capital [Member]            
Reconciliation Of Redeemable Noncontrolling Interests [Roll Forward]            
Former Taubman Asia President vested redeemable equity       (446,000)    
Effects of changes in ownership interest in consolidated subsidiaries on equity [Abstract]            
(Decrease) increase in Taubman Centers, Inc.’s paid-in capital for adjustments of noncontrolling interest (1)     (211,000) (490,000)    
Net transfers (to) from noncontrolling interests     $ (211,000) $ (490,000)    
XML 56 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative and Hedging Activities (Interest Rate Derivatives) (Details)
₩ in Thousands, $ in Thousands
 9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2018
KRW (₩)
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 71.00% 71.00%
Consolidated Subsidiaries Interest Rate Swap 1 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 2.89% 2.89%
Derivative, Upper Range of Effective Rate, Variable Rate 3.54% 3.54%
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 200,000  
Derivative, Fixed Interest Rate 1.64% 1.64%
Derivative, Basis Spread on Variable Rate 1.90% 1.90%
Total Swapped Rate On Loan 3.54% 3.54%
Derivative, Maturity Date Feb. 01, 2019  
Unsecured Debt $ 250,000  
Derivative, Lower Range of Basis Spread, Variable Rate 1.25% 1.25%
Derivative, Higher Range of Basis Spread, Variable Rate 1.90% 1.90%
Consolidated Subsidiaries Interest Rate Swap 1 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 2 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 2.80% 2.80%
Derivative, Upper Range of Effective Rate, Variable Rate 3.35% 3.35%
Primary Line of Credit Swapped Portion $ 225,000  
Line of Credit Facility, Maximum Borrowing Capacity $ 1,100,000  
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 175,000  
Derivative, Fixed Interest Rate 1.65% 1.65%
Derivative, Basis Spread on Variable Rate 1.70% 1.70%
Total Swapped Rate On Loan 3.35% 3.35%
Derivative, Maturity Date Feb. 01, 2019  
Derivative, Lower Range of Basis Spread, Variable Rate 1.15% 1.15%
Derivative, Higher Range of Basis Spread, Variable Rate 1.70% 1.70%
Consolidated Subsidiaries Interest Rate Swap 2 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 3 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 2.89% 2.89%
Derivative, Upper Range of Effective Rate, Variable Rate 3.54% 3.54%
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 100,000  
Derivative, Fixed Interest Rate 1.64% 1.64%
Derivative, Basis Spread on Variable Rate 1.70% 1.70%
Total Swapped Rate On Loan 3.34% 3.34%
Derivative, Maturity Date Feb. 01, 2019  
Unsecured Debt $ 250,000  
Derivative, Lower Range of Basis Spread, Variable Rate 1.25% 1.25%
Derivative, Higher Range of Basis Spread, Variable Rate 1.90% 1.90%
Consolidated Subsidiaries Interest Rate Swap 3 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 3 Primary Line of Credit Swapped Portion [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 2.80% 2.80%
Derivative, Upper Range of Effective Rate, Variable Rate 3.35% 3.35%
Primary Line of Credit Swapped Portion $ 225,000  
Line of Credit Facility, Maximum Borrowing Capacity $ 1,100,000  
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 100,000  
Derivative, Fixed Interest Rate 1.64% 1.64%
Derivative, Basis Spread on Variable Rate 1.90% 1.90%
Total Swapped Rate On Loan 3.54% 3.54%
Derivative, Maturity Date Feb. 01, 2019  
Derivative, Lower Range of Basis Spread, Variable Rate 1.15% 1.15%
Derivative, Higher Range of Basis Spread, Variable Rate 1.70% 1.70%
Consolidated Subsidiaries Interest Rate Swap 3 Primary Line of Credit Swapped Portion [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 4 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 3.39% 3.39%
Derivative, Upper Range of Effective Rate, Variable Rate 4.04% 4.04%
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 100,000  
Derivative, Fixed Interest Rate 2.14% 2.14%
Derivative, Basis Spread on Variable Rate 1.90% 1.90%
Total Swapped Rate On Loan 4.04% 4.04%
Derivative, Maturity Date Feb. 01, 2022  
Unsecured Debt $ 300,000  
Derivative, Lower Range of Basis Spread, Variable Rate 1.25% 1.25%
Derivative, Higher Range of Basis Spread, Variable Rate 1.90% 1.90%
Consolidated Subsidiaries Interest Rate Swap 4 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 5 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 3.39% 3.39%
Derivative, Upper Range of Effective Rate, Variable Rate 4.04% 4.04%
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 100,000  
Derivative, Fixed Interest Rate 2.14% 2.14%
Derivative, Basis Spread on Variable Rate 1.90% 1.90%
Total Swapped Rate On Loan 4.04% 4.04%
Derivative, Maturity Date Feb. 01, 2022  
Unsecured Debt $ 300,000  
Derivative, Lower Range of Basis Spread, Variable Rate 1.25% 1.25%
Derivative, Higher Range of Basis Spread, Variable Rate 1.90% 1.90%
Consolidated Subsidiaries Interest Rate Swap 5 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 6 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 3.39% 3.39%
Derivative, Upper Range of Effective Rate, Variable Rate 4.04% 4.04%
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 50,000  
Derivative, Fixed Interest Rate 2.14% 2.14%
Derivative, Basis Spread on Variable Rate 1.90% 1.90%
Total Swapped Rate On Loan 4.04% 4.04%
Derivative, Maturity Date Feb. 01, 2022  
Unsecured Debt $ 300,000  
Derivative, Lower Range of Basis Spread, Variable Rate 1.25% 1.25%
Derivative, Higher Range of Basis Spread, Variable Rate 1.90% 1.90%
Consolidated Subsidiaries Interest Rate Swap 6 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 7 [Domain]    
Derivative [Line Items]    
Derivative, Lower Range of Effective Rate, Variable Rate 3.39% 3.39%
Derivative, Upper Range of Effective Rate, Variable Rate 4.04% 4.04%
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 50,000  
Derivative, Fixed Interest Rate 2.14% 2.14%
Derivative, Basis Spread on Variable Rate 1.90% 1.90%
Total Swapped Rate On Loan 4.04% 4.04%
Derivative, Maturity Date Feb. 01, 2022  
Unsecured Debt $ 300,000  
Derivative, Lower Range of Basis Spread, Variable Rate 1.25% 1.25%
Derivative, Higher Range of Basis Spread, Variable Rate 1.90% 1.90%
Consolidated Subsidiaries Interest Rate Swap 7 [Domain] | London Interbank Offered Rate (LIBOR) [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Debt Instrument, Description of Variable Rate Basis one-month LIBOR  
Consolidated Subsidiaries Interest Rate Swap 8 [Domain]    
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 100.00% 100.00%
Derivative, Notional Amount $ 12,000  
Derivative, Fixed Interest Rate 2.09% 2.09%
Derivative, Basis Spread on Variable Rate 1.40% 1.40%
Total Swapped Rate On Loan 3.49% 3.49%
Derivative, Maturity Date Mar. 01, 2024  
Unconsolidated Joint Ventures Interest Rate Swap 1 [Member]    
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 50.10% 50.10%
Derivative, Notional Amount $ 163,072  
Derivative, Fixed Interest Rate 1.83% 1.83%
Derivative, Basis Spread on Variable Rate 1.75% 1.75%
Total Swapped Rate On Loan 3.58% 3.58%
Derivative, Maturity Date Dec. 01, 2021  
Unconsolidated Joint Ventures Interest Rate Swap 2 (Member)    
Cash flow hedges of interest rate risk [Abstract]    
Noncontrolling Interest, Ownership Percentage by Parent 34.30% 34.30%
Derivative, Notional Amount $ 52,065 ₩ 60,500,000
Derivative, Fixed Interest Rate 1.52% 1.52%
Derivative, Basis Spread on Variable Rate 1.60% 1.60%
Total Swapped Rate On Loan 3.12% 3.12%
Derivative, Maturity Date Sep. 01, 2020  
Swapped Foreign Currency Exchange Rate 1,162.0  
XML 57 R45.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative and Hedging Activities (Effect of Derivative Instruments on the Consolidated Statement of Operations and Comprehensive Income) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net $ 3,800   $ 3,800  
Cash Flow Hedging [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net 1,083 $ 913 10,685 $ 1,404
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net 469 (1,034) 699 (5,311)
Consolidated Properties [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Other comprehensive income [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net 756 472 8,674 (257)
Consolidated Properties [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Interest expense [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net 506 (533) 205 (2,409)
Unconsolidated Properties [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Other comprehensive income [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net 235 454 2,101 1,693
Unconsolidated Properties [Member] | Cash Flow Hedging [Member] | Interest Rate Contract [Member] | Equity Method Investments [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net (1) (523) (287) (1,920)
Unconsolidated Properties [Member] | Cash Flow Hedging [Member] | Cross Currency Interest Rate Contract [Member] | Other comprehensive income [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net 92 (13) (90) (32)
Unconsolidated Properties [Member] | Cash Flow Hedging [Member] | Cross Currency Interest Rate Contract [Member] | Equity Method Investments [Member]        
Effect of derivative instruments on the Consolidated Statement of Operations and Comprehensive Income [Abstract]        
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net $ (36) $ 22 $ 781 $ (982)
XML 58 R46.htm IDEA: XBRL DOCUMENT v3.10.0.1
Derivative and Hedging Activities (Location and Fair Value of Derivative Instruments as Reported in the Consoiidated Balance Sheet) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Derivatives, Fair Value [Line Items]          
Derivative Asset, Fair Value, Gross Asset $ 11,632   $ 11,632   $ 1,699
Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet [Abstract]          
Derivative Liability, Fair Value, Gross Liability (940)   (940)   (2,471)
Default Option, Range, Minimum [Member]          
Derivatives, Fair Value [Line Items]          
Interest Rate Recourse Provisions     100    
Default Option, Range, Maximum [Member]          
Derivatives, Fair Value [Line Items]          
Interest Rate Recourse Provisions     50,000    
Consolidated Properties [Member] | Interest Rate Contract [Member] | Deferred Charges And Other Assets [Member]          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Fair Value, Gross Asset 9,128   9,128   939
Consolidated Properties [Member] | Interest Rate Contract [Member] | Accounts Payable and Accrued Liabilities [Member]          
Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet [Abstract]          
Derivative Liability, Fair Value, Gross Liability     (484)
Unconsolidated Properties [Member] | Interest Rate Contract [Member] | Equity Method Investments [Member]          
Derivatives, Fair Value [Line Items]          
Derivative Asset, Fair Value, Gross Asset 2,504   2,504   760
Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet [Abstract]          
Derivative Liability, Fair Value, Gross Liability     (357)
Unconsolidated Properties [Member] | Cross Currency Interest Rate Contract [Member] | Equity Method Investments [Member]          
Location and fair value of derivative instruments as reported in the Consolidated Balance Sheet [Abstract]          
Derivative Liability, Fair Value, Gross Liability (940)   (940)   $ (1,630)
Cash Flow Hedging [Member]          
Derivatives, Fair Value [Line Items]          
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net 469 $ (1,034) 699 $ (5,311)  
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net $ 1,083 $ 913 $ 10,685 $ 1,404  
XML 59 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation (Details) - USD ($)
$ / shares in Units, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Share-based compensation, allocation and classification in financial statements [Abstract]        
Compensation cost charged to income for the Company's share-based compensation plans $ 2.3 $ 2.8 $ 6.9 $ 8.3
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount $ 0.2   $ 0.7 $ 0.6
2018 Omnibus Plan [Member]        
Deferred compensation arrangements [Abstract]        
Aggregate number of Company common shares or Operating Partnership units approved for awards under the 2018 Omnibus Plan, amended (in shares) 2,800,000   2,800,000  
The ratio at which awards granted are deducted from the shares available for grant     one share or TRG Profits Unit for every one share or TRG Profits Unit granted  
Restricted TRG Profits Units [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Weighted average grant-date fair value     $ 49.29  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized $ 1.1   $ 1.1  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition     1 year 4 months 24 days  
Summary of non-option activity [Roll Forward]        
Outstanding at January 1, 2018     61,131  
Granted     8,154  
Outstanding at September 30, 2018 69,285   69,285  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)     $ 59.08  
Granted, weighted average grant date fair value (in dollars per share)     49.29  
Outstanding at end of period, weighted average grant date fair value (in dollars per share) $ 57.93   $ 57.93  
Fully Vested 3,826   3,826  
Fully Vested (in dollars per share) $ 59.03   $ 59.03  
TSR Performance-based TRG Profits Units [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Weighted average grant-date fair value     $ 22.22  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized $ 1.1   $ 1.1  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition     1 year 4 months 24 days  
Summary of non-option activity [Roll Forward]        
Outstanding at January 1, 2018     129,733  
Granted     18,345  
Outstanding at September 30, 2018 148,078   148,078  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)     $ 25.59  
Granted, weighted average grant date fair value (in dollars per share)     22.22  
Outstanding at end of period, weighted average grant date fair value (in dollars per share) $ 25.17   $ 25.17  
Fully Vested 797   797  
Fully Vested (in dollars per share) $ 23.14   $ 23.14  
NOI Performance-based TRG Profits Units [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Weighted average grant-date fair value     $ 16.43  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized $ 0.8   $ 0.8  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition     1 year 4 months 9 days  
Summary of non-option activity [Roll Forward]        
Outstanding at January 1, 2018     131,604  
Granted     18,345  
Outstanding at September 30, 2018 149,949   149,949  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)     $ 19.69  
Granted, weighted average grant date fair value (in dollars per share)     16.43  
Outstanding at end of period, weighted average grant date fair value (in dollars per share) $ 19.28   $ 19.28  
Fully Vested 2,668   2,668  
Fully Vested (in dollars per share) $ 33.56   $ 33.56  
Performance Shares [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Awards under the Omnibus Plan     represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the TSR PSU based on the Company's market performance relative to that of a peer group. The TSR PSU grants include a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period.  
Weighted average grant-date fair value     $ 78.82  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized $ 0.8   $ 0.8  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition     2 years 11 days  
Actual Shares Issued Upon Vesting During Period     45,941.00  
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage     124.00%  
Summary of non-option activity [Roll Forward]        
Outstanding at January 1, 2018     40,850  
Vested     (37,046)  
Granted     10,393  
Outstanding at September 30, 2018 14,197   14,197  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)     $ 107.38  
Vested, weighted average grant date fair value (in dollars per share)     110.19  
Granted, weighted average grant date fair value (in dollars per share)     78.82  
Outstanding at end of period, weighted average grant date fair value (in dollars per share) $ 79.13   $ 79.13  
NOI Performance Shares [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Awards under the Omnibus Plan     represents the right to receive, upon vesting, shares of common stock ranging from 0-300% of the NOI PSU based on the Company's NOI performance, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period. These awards also provide for a cap on the maximum number of units vested if a specified absolute TSR level is not achieved.  
Weighted average grant-date fair value     $ 58.28  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized $ 0.6   $ 0.6  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition     2 years 4 days  
Summary of non-option activity [Roll Forward]        
Outstanding at January 1, 2018     3,804  
Granted     10,393  
Outstanding at September 30, 2018 14,197   14,197  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)     $ 67.00  
Granted, weighted average grant date fair value (in dollars per share)     58.28  
Outstanding at end of period, weighted average grant date fair value (in dollars per share) $ 60.59   $ 60.59  
Restricted Stock Units (RSUs) [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Awards under the Omnibus Plan     represents the right to receive upon vesting one share of common stock, as well as a cash payment upon vesting equal to the aggregate cash dividends that would have been paid on such shares of common stock during the vesting period  
Weighted average grant-date fair value     $ 58.28  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized $ 5.7   $ 5.7  
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition     1 year 8 months 27 days  
Summary of non-option activity [Roll Forward]        
Outstanding at January 1, 2018     195,021  
Vested     (73,294)  
Granted     69,931  
Forfeited     (4,817)  
Outstanding at September 30, 2018 186,841   186,841  
Outstanding at beginning of period, weighted average grant date fair value (in dollars per share)     $ 69.22  
Vested, weighted average grant date fair value (in dollars per share)     73.91  
Granted, weighted average grant date fair value (in dollars per share)     58.28  
Forfeited, weighted average grant date fair value (in dollars per share)     62.18  
Outstanding at end of period, weighted average grant date fair value (in dollars per share) $ 63.46   $ 63.46  
Profits Units [Member]        
Summary of non-option activity, additional disclosures [Abstract]        
Awards under the Omnibus Plan     represents a contingent right to receive a TRG Unit upon vesting and the satisfaction of certain tax-driven requirements and, as to the TSR and NOI Performance-based TRG Profits Units, the satisfaction of certain performance-based requirements. Until vested, a TRG Profits Unit entitles the holder to only one-tenth of the distributions otherwise payable by TRG on a TRG Unit. Therefore, the Company accounts for these TRG Profits Units as participating securities in the Operating Partnership. A portion of the TRG Profits Units award represents estimated cash distributions that otherwise would have been payable during the vesting period and, upon vesting, there will be an adjustment in actual number of TRG Profits Units realized under each award to reflect the Operating Partnership's actual cash distributions during the vesting period  
Unissued Partnership Units Under Unit Option Deferral Election Member        
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]        
Options exercised under unit option deferral election plan (in shares)     3,000,000  
The number of mature units tendered for the exercise of previously issued stock options under the unit option deferral election plan (in shares)     2,100,000  
The number of units deferred under the unit option deferral election upon the exercise of previously issued stock options (in shares)     900,000  
Date at which deferred partnership units begin to be issued     December 2022  
Number of Annual Installments during which Deferred Partnership Units will be issued     five  
XML 60 R48.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2017
Loss Contingencies [Line Items]      
Business Interruption Insurance Proceeds Received   $ 0  
Insurance Deductible $ 2,000,000 2,000,000  
Insurance Coverage Limit 900,000,000 900,000,000  
Insurance Recoveries - Expense Items 100,000 1,100,000  
Insurance Recoveries - Capital Items   4,900,000  
Loss from Catastrophes     $ 2,000,000
Cash tender [Abstract]      
Minimum aggregate value of Operating Partnership units to be tendered $ 50,000,000 $ 50,000,000  
Fair Value of Written Option, Cash Tender Agreement   zero  
Market value per common share (in dollars per share) $ 59.83 $ 59.83  
Approximate aggregate value of interests in the Operating Partnership that may be tendered $ 1,400,000,000 $ 1,400,000,000  
Additional interest the Company would have owned in the Operating Partnership upon purchase of interests (in hundredths) 28.00% 28.00%  
Continuing offer [Abstract]      
Common Stock, Conversion Basis   one TRG Unit is exchangeable for one share of common stock  
Series B Preferred Stock [Member]      
Continuing offer [Abstract]      
Convertible Preferred Stock, Terms of Conversion   ratio of 14,000 shares of Series B Preferred Stock for one share of common stock  
XML 61 R49.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net income attributable to Taubman Centers, Inc. common shareowners (Numerator):        
Basic $ 20,976 $ 4,363 $ 54,873 $ 35,016
Impact of additional ownership of TRG 31 7 77 74
Diluted $ 21,007 $ 4,370 $ 54,950 $ 35,090
Shares (Denominator) – basic 61,001,357 60,710,184 60,970,572 60,654,026
Effect of dilutive securities 294,710 288,967 274,729 364,829
Shares (Denominator) – diluted 61,296,067 60,999,151 61,245,301 61,018,855
Earnings per common share – basic $ 0.34 $ 0.07 $ 0.90 $ 0.58
Earnings per common share – diluted $ 0.34 $ 0.07 $ 0.90 $ 0.58
Weighted average noncontrolling partnership units outstanding        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 4,115,235 4,164,979 4,134,110 4,082,322
Unissued TRG Units under unit option deferral elections        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 871,262 871,262 871,262 871,262
XML 62 R50.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Disclosures (Fair Value Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Derivative interest rate contracts (Note 7) $ 11,632 $ 1,699
Fair Value, Inputs, Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Investment in SPG Common Shares 77,792 101,348
Assets and liabilities measured at fair value on a recurring basis [Abstract]    
Insurance deposit 10,077 16,703
Total assets 87,869 118,051
Fair Value, Inputs, Level 2 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Derivative interest rate contracts (Note 7) 9,128 939
Assets and liabilities measured at fair value on a recurring basis [Abstract]    
Total assets 9,128 939
Derivative interest rate contracts (Note 7) (484)
Total liabilities $ 0 $ (484)
SPG Units [Member]    
Fair Value, Assets and Liabilities Measured on Recurring Basis, Financial Statement Captions [Line Items]    
Simon Property Group Common Shares 440,124 590,124
XML 63 R51.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Disclosures (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2018
Sep. 30, 2017
Oct. 25, 2018
Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Equity Securities, FV-NI, Recognized Gain (Loss)   $ 4,073    
SPG Units [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Simon Property Group Common Shares 440,124 440,124     590,124
Simon Property Group Common Shares Sold 150,000 150,000      
SPG Common Shares Average Sales Price $ 184.19 $ 184.19      
Equity Securities, FV-NI, Recognized Gain (Loss) $ 4,998 $ 4,073      
Subsequent Event [Member] | SPG Units [Member]          
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]          
Simon Property Group Common Shares       290,124  
Simon Property Group Common Shares Sold       150,000  
SPG Common Shares Average Sales Price       $ 180.54  
XML 64 R52.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Disclosures (Estimated Fair Value of Notes Payable) (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Real Estate Properties [Line Items]    
Notes Payable, Net $ 3,793,278 $ 3,555,228
Consolidated Properties [Member]    
Real Estate Properties [Line Items]    
Notes Payable, Net 3,793,278 3,555,228
Fair Value, Inputs, Level 2 [Member] | Consolidated Properties [Member]    
Real Estate Properties [Line Items]    
Notes Payable, Fair Value Disclosure $ 3,663,323 $ 3,503,071
Notes Payable Fair Values Hypothetical Percent Increase In Interest Rates 1.00%  
Impact Of Overall One Percent Increase In Interest Rates Decrease In Fair Values Of Notes Payable $ 136,000  
Impact Of Overall One Percent Increase In Interest Rates Decrease In Fair Values Of Notes Payable Percent 3.70%  
XML 65 R53.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Accumulated Other Comprehensive Income Components [Line Items]            
Accumulated Other Comprehensive Income (Loss), Net of Tax $ (15,763)   $ (15,763)   $ (6,919)  
Reclassification adjustment for amounts recognized in net income (469) $ 1,034 (699) $ 5,311    
Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)     (277)      
Accumulated Other Comprehensive Income (Loss) [Member]            
Accumulated Other Comprehensive Income Components [Line Items]            
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax (15,392) (9,377) (15,392) (9,377) 384 $ (23,147)
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax (371) (14,674) (371) (14,674) (7,303) (12,769)
Accumulated Other Comprehensive Income (Loss), Net of Tax (15,763) (24,051) (15,763) (24,051) (6,919) (35,916)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax     (15,777) 13,839    
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax     8,081 (5,721)    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent     (7,696) 8,118    
Reclassification adjustment for amounts recognized in net income     (496) 3,763    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent     (15,777) 13,839    
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent     7,585 (1,958)    
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent     (8,192) 11,881    
Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)     (678)      
Other Comprehensive income Loss Adjustment Foreign Currency Attributable To Parent     1 (69)    
Other comprehensive income (loss), adjustments, attributable to parent     25 53    
Other comprehensive income (loss), total adjustments attributable to parent     26 (16)    
Noncontrolling Interest [Member]            
Accumulated Other Comprehensive Income Components [Line Items]            
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax (6,289) (3,855) (6,289) (3,855) 159 (9,613)
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax 12,018 6,209 12,018 6,209 9,220 7,065
Accumulated Other Comprehensive Income (Loss), Net of Tax $ 5,729 $ 2,354 5,729 2,354 $ 9,379 $ (2,548)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax     (6,447) 5,689    
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax     3,303 (2,351)    
Other Comprehensive Income (Loss), before Tax, Portion Attributable to Noncontrolling Interest     (3,144) 3,338    
Reclassification adjustment for amounts recognized in net income     (203) 1,548    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Noncontrolling Interest     (6,447) 5,689    
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Noncontrolling Interest     3,100 (803)    
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest     (3,347) 4,886    
Adjustment related to SPG common shares investment for adoption of ASU No. 2016-01 (Note 1)     (277)      
Other Comprehensive Income Loss Adjustment Foreign Currency Attributable To Noncontrolling Interest     (1) 69    
Other comprehensive income (loss), adjustments, attributable to noncontrolling interests     (25) (53)    
Other comprehensive income (loss), total adjustments attributable to noncontrolling interests     (26) 16    
Reclassification out of Accumulated Other Comprehensive Income [Member]            
Accumulated Other Comprehensive Income Components [Line Items]            
Reclassification adjustment for amounts recognized in net income     (699) 5,311    
Reclassification out of Accumulated Other Comprehensive Income [Member]            
Accumulated Other Comprehensive Income Components [Line Items]            
Amount of gain/loss on interest rate contract reclassfied from AOCI     (205) 2,409    
Amount of gain/loss on interest rate contract reclassfied from AOCI for unconsolidated joint ventures     287 1,920    
Amount of gain/loss on cross-currency interest rate contract reclassified from AOCI for Unconsolidated Joint Ventures     $ (781) $ 982    
XML 66 R54.htm IDEA: XBRL DOCUMENT v3.10.0.1
Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Interest Costs Capitalized $ 12,266 $ 9,552    
Interest Paid, Net 91,300 74,500    
Income Taxes Paid, Net 500 2,400    
Capital Expenditures Incurred but Not yet Paid 83,000 98,900    
Cash and cash equivalents 38,037   $ 42,499  
Restricted Cash and Cash Equivalents 95,254   121,905  
Total Cash, Cash Equivalents, and Restricted Cash shown on the Consolidated Statement of Cash Flows 133,291 159,243 164,404 $ 152,965
Effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash (Note 13) 4,884 $ 380    
Restricted Cash Stipulated by Lenders and Various Agreements [Member]        
Restricted Cash and Cash Equivalents 2,900   2,700  
Deposit Assets, Foreign [Member]        
Restricted Cash and Cash Equivalents $ 92,403   $ 119,163  
XML 67 R55.htm IDEA: XBRL DOCUMENT v3.10.0.1
New Accounting Pronouncement (Details) - USD ($)
$ in Millions
 9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
New Accounting Pronouncement or Change in Accounting Principle [Line Items]    
Capitalized Leasing and Tenant Coordination Costs   $ 11.0
Accounting Standards Update 2016-02 [Member]    
New Accounting Pronouncement or Change in Accounting Principle [Line Items]    
ROU Assets as Percentage of Total Assets Range 5-10%  
Capitalized Leasing and Tenant Coordination Costs   5.0
New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Net Income   $ 6.0
EXCEL 68 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( "%K7DT?(\\#P !," + 7W)E;',O+G)E;'.MDD^+ MPD ,Q;]*F?L:5\'#8CUYZ6U9_ )Q)OU#.Y,A$[%^>X>];+=44/ 87O+>CT?V M/S2@=AQ2V\54C'X(J32M:OP"2+8ECVG%D4)6:A:/FD=I(*+ML2'8K-<[D*F' M.>RGGD7E2B.5^S3%":4A+,*P).B0\5?UX^8 TBTH_0(:+L A#&^NQT:E8(C M-R."?S]PN -02P,$% @ (6M>32?HAPZ" L0 ! !D;V-0&UL38Y-"\(P$$3_2NG=;BGH06) L$?!D_>0;FP@R8;-"OGYIH(? MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/ M-(X'P"J8%EQV^3O8:W7..7AKQ%/25V^9"CGIYFHQ*/B76_..7+8\#?NW_+"" MWTG] E!+ P04 " A:UY-(2WXN.\ K @ $0 &1O8U!R;W!S+V-O M&ULS9+/:L,P#(=?9?B>*$[8'TSJ2\M.&PQ6V-C-V&IK&L?&UDCZ]DN\ M-F5L#["CI9\_?0*U.@CM([Y$'S"2Q70SNJY/0H<5.Q % 9#T 9U*Y93HI^;. M1Z=H>L8]!*6/:H]05]4=."1E%"F8@458B$RV1@L=49&/9[S1"SY\QB[#C ;L MT&%/"7C)@HU3K^2%70*N&*7R6_->K-]9+*N^$/!JZ*IMKP1=2-N[S]F MUQ]^5V'GC=W9?VQ\$90M_+H+^0502P,$% @ (6M>39E&UL[5I;<]HX%'[OK]!X9_9M"\8V@;:T M$W-I=MNTF83M3A^%$5B-;'EDD81_OTV23;J;/ 0LZ?O.14?GZ#AY M\^XN8NB&B)3R> +]O6N[!3+UES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:;U\@M.4? M,_@5RU2-9:,!$U=!)KF(M/+Y;,7\VMX^9<_I.ATR@6XP&U@@?\YOI^1.6HCA M5,+$P&IG/U9KQ]'22(""R7V4!;I)]J/3%0@R#3LZG5C.=GSVQ.V?C,K:=#1M M&N#C\7@XMLO2BW A(5M>5 TR 6'!VULS2 Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$UFG2&98T M1G*=D 4. #?$T4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7K;YH]5Z%82=J$^!!&&N*<<^9ST6S[!Z5&T?95O-RCEU@5 9<8WS2J M-2S%UGB5P/&MG#P=$Q+-E L&08:7)"82J3E^34@3_BNEVOZKR2. MFJW"$2M"/F(9-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$. M$9)>-T(^8LZ+D!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]07 M2N0/)J<_Z3(T!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL! M_]':-\*K^(+ .7\N?<^E[[GT/:'2MSAD M6R4)RU3393>*$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.W MF)&Y"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>( M\J(A[J&&F,_#0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R M4E5@,5O& RN0HGQ,C$7H<.>77%_CT9+CVZ9EM6ZO*7<9;2)2.<)IF!-GJ\K> M9;'!51W/55ORL+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^YRM)Q%4X MOT4SMA*7&+SCYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M# DL6XA9$N)-7>W5 MYYN MTB42%(JP# 4A%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+ MA=OB5,V[&KXF8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.'YA,L0Z1^P7V*BH 1JV*^NJ]/^26<.[1[\8$@F_S6VZ3VW> , M?-2K6J5D*Q$_2P=\'Y(&8XQ;]#1?CQ1BK::QK<;:,0QY@%CS#*%F.-^'19H: M,]6+K#F-"F]!U4#E/]O4#6CV#30,9FV-J/D3@H\W/[O#;#"Q([A[8N_ M 5!+ P04 " A:UY-3U.,7GH" #@" & 'AL+W=O46S7_*ZJLF%'$\\J MWFU"'#XW7LOK39D-M%VW],J^,?6]/0J]0J.5/6S/*O;)ER&P9E=Z+U2K[S[Q(: TC 8HO_"'JS2<..)UBAX M)>UO4-REXO5@1;M2T_=^+!L[=OU)^J3!!#(0R$@@R7\)\4"(1P*V!-1[9D/] M0!7=K@7O M%_K9::I,"K6%]F83;MW=DS':W4NX]MM$8/8V9 ['L$F2#PB$#: M]BA (($]\>CD7X&#CXAA@1B,(+;T>$)/8'H"TA-+3R;TU+D 'Y'! BDHD'KT MA2/0(U*+:"QBF4SKN*DU8+(I M9DX%K-\=)KY*[JKX&!+-J,!%C&/? G;^)P;,],XR'&4IR^Q7-?%R#<"XL:!)OZB9N-K6*H."WQO;UR>[ M8_O>$=MO_L+[WO^5BFO9R.#$E>Y:MK=<.%=,NQ*]Z(!O^KDQ+BIV46:ZT'/1 M]]Q^H7@[O"?0^*C9_@%02P,$% @ (6M>39C[3-@$! LQ( !@ !X M;"]W;W)KN=V9?'0%20U6U M4BM%MVK[V8$EH&MC:COA]M]WUS@(=L:TBA1L\^SN&6..!R_.3?NMVWO?S[[7 MU;%;9ON^/SWE>;?9^[KLOC0G?PSO[)JV+ONPV[[EW:GUY7885%U\=COZEG77O=5VV_SS[JCDO,\@^#WP]O.W[>"!?+4[EF__= M]W^<7MJPEU]GV1YJ?^P.S7'6^MTR^P&>UE+$ 4/BSX,_=S?;LUC*:]-\BSN_ M;)>9B$2^\IL^3E&&EP^_]E459PH2<(:FZ;JAO^SS7O7-_4X M2T"IR^^7U\-Q>#V/\W\.XP?@. "O \+:CP;(<8!,!N07LJ'4'\N^7"W:YCQK M+Y_6J8P7!3S)<#(W\>!P[H;W0K5=./JQ0KO(/^(\8^3Y$L';R'UBS23<-9*' M]:\0R$+@,%[>CB_X\9(=+X?QZF:\%$D1EX@=(L75# NQ>0ET50NL!I,M[J(,EM04W-P!L8J()5JF"@7I6VB+IC:F.R6FM$ M-UT;[V"@$E:IA(%1JQ"RX,"XJ!4*IKEX"P/5L$HU#-2NR@F#R' QT4(Y_8"+ M-S%0%:M4Q< H5EN%[ ECLO&"CC5,D?%&!JIDE2J9RYB4Z&'FGH07,13T^V+Y M&9#W)E)OJM112'5HHPS)*?X?P7LFWIL(M*J)YA GNDMJ.)VVATBMA4RS\Y^Q M>Q[>:TC;59U::=B;1[U6FGB+0KG:,RPC+=#Y>%\)$_Z! D[V))7:Q3%X^9NY^J4WT9EYWJ MR_*;IP?Q<<674.O>E]OK3N5W?=RT8;N] M/$:Y[/3-:7Q$E%^?4ZW^!5!+ P04 " A:UY-Q0?:?#4# P#P & M 'AL+W=O[:%X^./T;]TD]>3> $S!6PHH-'=@M 4A$Y!T)MU4_VT_/MM%7+^MXL0PN[3@&>>H1-D*836P0(AV00-]_D&"H!.OJ MHU%]0AR)'N$=4G4(983IY>J &P0D+.1CT#(*4:,0&E''J$?2T8W( W&@S01D MF42H201-G(__J4?BT4U83/H_1V<.:3G%J%,,G4+'*09W2BBAC*7NVD% DH9L M06^LH 0U2J!1Y!@E MNE8H&::41C>L\&"E,%FYFZR&F6.%DO>L\'"E,%WYK36 AR)%4M'M#L.,?PG MEW\/L3WP(*0P";F;SH:Q?I$6)G9=GSFH[87'(47R$/0(S#G.4:MIT';" Y$B MB0@ZA,]UF@9M)SQD*4Q9V!_I7*=IT';"PY;"M!UUHOTTA2%3/0FVO&X^;R/.FVQT,9EV2HE;3H.V$9R)#GCC= M[C#,#*=IT';"4Y;!E 7=P> CY0VG:;!W"D9;EW8O^2.K#WG5>*]2Z5U0MU?9 M2ZF$'I0\Z.&.>OLZG!1BK]I#KH_K?@_7GRAY,OO38-@DK_\#4$L#!!0 ( M "%K7DV(*KK5Z 8 '4D 8 >&PO=V]R:W-H965T&UL MC9I=;]LV%(;_BN'[U#R'I"@&28!*]K !&U!TV':M)DIBU+8R6TFZ?S]:5EW[ MG)=)<]'8ZL./EQ_GO&1T]=IMO^X>V[:??%NO-KOKZ6/?/UW.9KO;QW;=[#YT M3^TF_<]]MUTW??JZ?9CMGK9MW\]_4B7"S<4&(B_E^WK[N3S9"_E2]=]W7_Y[>YZ:O8]:E?M M;;^OHDF_7MJZ7:WV-:5^_#M6.CVVN2]X^OE[[;\,XI.8+\VNK;O5/\N[_O%Z M6DXG=^U]\[SJ/W>OO[:C(#^=C.I_;U_:5<+W/4EMW':KW?#OY/9YUW?KL9;4 ME77S[?![N1E^OX[U?R^&"_!8@(\%4MMO%;!C ?NC@'NS@!L+N)]MP8\%O&AA M=M ^#.:\Z9N;JVWW.MD>UL-3LU]V=.G3=-WN'PZS,_Q?&L]=>OIR$]S5[&5? MSXA4!X1/$7^.S#5"1V*6VC]V@E$G*E;%^;R!6A.A$'UXMY+%FY6<==/"L;)# M>7M:/N#R#I9W0WEW6KX48WU PH!L!J0,U@BI-:"<*X,8$$UQ08%(C K O/Q%>GS$ MC%8C")\#C,B600X0XIA\=H1@8OQ(K/454A_KEB++@%@# MC&VT4>K36.%(A5>$>>LS:YMP/B7[?B :F?,%*2,L@#P[J4Q#1'(T%XA*"SNC M"^=YTHE>)N=J9,XBK+=RTP(J.AG9YH!**=QY*0U@L7"9.$LXTY-.]:4T,8!Q M:LIT@J:@=YNF+M*NE,(TY?^J*(( M2-B%-4&J Y@OC3KM()/@+*L-ASB./A=-L 4@[0&B]#8$LGL*D]+KUXCSGJR* ME2"_6U_&*!4B+MB0B2F,?0 ;K5"ZG)$Y6RI![3U L8M2':!2"O92 6-SPMJ<2#M=L?8) M4045 %UX-6D:"J63ND!--F0.1XQ="6M7(GM<,70)I)8CP&R0^6L.,&\*=4H" MF LFYB8->Q/6WB1*;\+:*"3'3/*H!#!RK'(XPM*)RJBYTUQP1,# 59()7RQ)PUJNS(,*X#.K(!#F3/1$P]BFL?8J,RA5KT\#!>A50D 4! MJU-CP1EEP@#FG3G)5.?JL%-A[51(!OF*M6NX\'(0:DCI2T- 49 [8H$QSJU- M;%18&Q4RTJFP]@RIVS+0U3^'S1%&:2FHR7N7.Q>(G0IKIY)VNA2H+4/*=>I( M!S!GY7WA'%#>E4')TUBRY)2[_,4NQ>K;"C*9 ;+8#5CM!DC&P422H6FP*K M30')M519G9\O4KZ7=K8&7"R-W+FPMK02E#S@'HI09%RXQ:[ :E= 1MH"J_,S MVY+E$0IASBB["K!(7,@C(L2'RNK\?%$4RK)"S,I+U3G" MV*S\85M@@2V0/:]&Z/0/62E%JR,PQ JY1>< *WPI+^@6$(LYTVJQ M,;# &,A^5R-4GK1D/LB844/*!'/V(QTZ+*0V(H)R5QD6&P0+# ))@S!"^S\. MO*D48N]*A:645DCEQ#KL%YR^U4BY5X@=(:*SE@HOSUH93EXYS1%''Z**.Y@K MIGT$6E"\LC*UT(R!N.#O&*$9)%.)NKO<+.3 M5R;6[?9A>']E-[GMGC?]WO:=/#V^(_.1]Z]O[;CV\CG'?=7V;!*1E-YT\MLW=\_W'T/ZO#V\"'/X MTG=/XTL^L^.;1C?_ U!+ P04 " A:UY-FW4+X24& !:( & 'AL M+W=OQ2 *LSP%V M@:+%[EZKB9(8M2VOK23=MU]*5MV(\TO;7B2V\\UP.!SRY\B]?BN/WT[/15&- MON^V^]/-^+FJ#A\GD]/]<['+3Q_*0[&/?WDLC[N\BF^/3Y/3X5CD#XW1;CLA MI=QDEV_VX]OKYK-/Q]OK\J7:;O;%I^/H]++;Y<=_I\6V?+L9Z_&/#SYOGIZK M^H/)[?4A?RJ^%-6?AT_'^&YR\?*PV17[TZ;BL?\95M]+M_613LA.QZUL_^]>"VV M$:\CB6/^WUO\/,VQ K0%=#+09-.#6 M@"\&9 <-3&M@?AK0H(%M#>S%@-V@@6L-W,7 #H?D6P/_TR ,&F2M0?8S)!XT M"*U!N!BX)JV3\_HU!3'/J_SV^EB^C8[GFC[D]=;1'T,LN?OZPZ;"FK_%FCC% M3U]OM;;7D]?:47!!-,,#4.3,>!21)\9GS#[!OFRBNO6*ED6C-)DA747%).&8$M M &8]95J02Q @VZ"=(%> M"8$+8=? U0;\EEGVIT,,\PP@PPG)3P[,_;=6!PL M!663VII+,*:.E=,]BVY@2*;QPIV0''9@H0,+YI1LIZD5H:9U8$6&Y=HNI)LK MW;L"#D;K0+3)QIXY.4Q0F4D6:BZQ2-F>:#R,QH-HDF6>>C&,5B:0W$I>;CB9 M0NQ-]68Q@W%G,FY.P\GD2+&(O<'C!#A. .,D1^,TB'&,D;M](;$KQ-T%D<4$ MZX2M%98J!0)/SNMI"W5"\@3*'H')FK5J T!P\JT11]KVS[)'D#68):>SU""F M+.XF69PKR#)%NC\T+&4::!F;- TDA[/6NJQ_-'RL:W"NL[B:R//ZBJP'RRU! ME"OH+H#%EL&9G@->8XG0!DS/I=,S(AYO.4@Q70'2&@5.M#4@*1XTU+\^6*(T MT"A.-4H#=4';\>X7P&Y06(DTD"*57K9FK)2(MBG^-2&([, $L7AJH MEQ)5#P0G7FV+?GVO" S*F,#:&[\ZD;EA8 M?PGHKTFR,"6DJ3%;8 O.6O9_>S:).27=+<#0+FH"RTVQ1%&ZH.7F7T'21,V6 M-;B&<_=$ PI//:TQN$\8G:9/WB>:"M"R B09,\@4WCUDZ(:%+Q[$O]Z]$19W M N(N^C>20BR*0OHQ+BV(0:8;+59R0MUFVK\1ZA,#I^LU!QSI3%%/1%C&"764 M:0]'4G+C,82VEON5)@Z[ZW\805C "0BX:.,(R++UUO5E"6LMH8XQ68\[ /66 M!Q9%0J*8]EV$=('E8BP02$C[ 0@4=@TPV]]Y,]8B1EJ4-EV,&L%XF&;@,1AD MX[5+]U\(&>L1HWXP;;H8G,E1Z7U_]\GX2&;4XJ773P8MGE8:+#9PEYY?2^3- M>:E\*PC*AGV-./*^/Q4]CQ51_YG>9%DVC%I1 !?L%4"]400NLX",MS'=_\"$ ML0HQ:C%3%6*I0G#CWK6@'P"[06&Q82 VHD-C*2(Z7L1EW[L$9*; (^PU ..= M:>!9,U8F1@VFV""H&8S_4/P C5+@P<4+H?HL$.=C'RU=+E&4 M<>U!?[M"J-5CV59%=&K^A#]/1?YP^7-MGBLZI<^ MOCZ>O^T^OZG*0_M-_N3RWPEN_P-02P,$% @ (6M>398N"<;C! AQ< M !@ !X;"]W;W)K4);9Q:':'^>KY7COL5TMF]>^WA_]8SOK7@^'JOV[]'7S?C]7\X\;7_8O MNWZXL5@M3]6+_\WWOY\>VW"UN/2RW1_\L=LWQUGKG^_G#^INK;.AP:CX8^_? MNZOOLR&4IZ;Y.ES\O+V?9X,C7_M-/W11A8\WO_9U/?04?/QU[G1^&7-H>/W] MH_=^V^_NY_E\MO7/U6O=?VG>?_+G@,Q\=H[^%__FZR ? MG(0Q-DW=C?]GF]>N;P[G7H*50_5M^MP?Q\_W<_\?S7 #.C>@2X,P]K\UX',# M_MY C\%/SL90?ZCZ:K5LF_=9.SVM4S5,"G7'(9F;X>:8N_&W$&T7[KZME-;+ MQ=O0T5E33AJZUEP4B]#[90A"0Y04-:?; =:QPED\ L,@>&S/-T$8W(&&'>BQ M WW50>%$$B:)&R7':8R,\DSD:AW+G+:.L1D#S1@032(=%G9@XVB4B&:2F.MH M2#,9$0V246%R[,9!-RYRH[1,KHO&T6P*8286.:L(6\FAE1Q8R865/!KED\I8 M/F:@*E)3KH!>"N!%1%P6\2@ZNYI,DY>XI]1T41EF0!9[,9F$0 82HY686&L@ M,P4G>*$23%*1GYRD'15/S6 GEW: C/DJT;=^(, >%,5OI$F%A FE&*0XBHE! MBHTF*X-".IU?BJ&G(T<:C#200CH".E(VE6;,/65 CE@Z,M%(E!5. M25A G34V\8XJ3%)EP9-/I1GC3P'^&2.CBMGVB2ASLA2OH5 7>8H]"H-0 1(: M*TW%D%-D,^D(J#C+$G8P"Q6 H9$U0L4T)&?CE^/_XY P#@GA4)8) IQS5N(' M=)4T@UE(,0N5K(PE$&F9%XI)& I;421J.6$4$L5VY)0HSR)1'4G+U072L:'$ M^T68K 3(:N5RAV)BAD6(?+F *BS>BM0#PUBE&*M1\:(8E]9),T"3R@SF*0&> MVLA*S,E/Y')71,D!0I7GG+F$*4Q4 D2UB>4Q8:(2(*J5>Q:*04F!*5JN5X N M%&95) !&F*<$>&HEY"DF99X-?])2K&.V+K5H(@!A M>/19:DHR1BL#M,J97S)8:6I'\@5!,FM3!9XQ7AG@55*\9(!.XDSF",C"O$QL M4!CSE0%?Y>:C9,!-HS(G^0IUQM@$\CFQN4: E16(T9+4R4WT&LLH\?XS)BS' MA%5.UB!&*U?'G 8M1R? X1< M2U/Q%E]3'JT>@"Q8LJEU'F-R,R"WW,Z6#):X.L]E/4*RD**$'XQM!MB6JX*2 MP5Z?57@>TE"LLZ&2)@QA:#. MGRM2XY9'#BCHZ,HI#-4I BI,;(U0+8L#^59 M=',ZQDSRV&F-=*:XWD].EA97QY<'W[Z,)[W=;-.\'OOAH/#J[N4T^8&&XT]Q MOU1WZ^E,^'LWTQ'UKU7[LC]VLZ>F[YO#> 3ZW#2]#S:SSR%G.U]M+Q>U?^Z' MKRY\;Z>CX>FB;T[G8^_%Y>Q]]0]02P,$% @ (6M>34.GM6NT 0 T@, M !@ !X;"]W;W)K[5JXQ=@AGEOW@Q#/J)YMAV (R]* M:EO0SKG^Q)BM.E#0DBS=[=XRQ86F91Y]%U/F M.#@I-%P,L8-2W/P\@\2QH E]=3R*MG/!PMOQAOL86E%@JT%:B) M@::@]\GIG(7X&/ D8+2K,PF57!&?@_&I+N@N" ()E0L,W&\W> I Y&7\6/F MI$O* %R?7]D_Q-I]+5=NX0'E=U&[KJ!'2FIH^"#=(XX?8:[G#25S\9_A!M*' M!R4^1X72QI54@W6H9A8O1?&7:1W0#3'G*>8=!VS1##/OJ1( MMU*MPFR38(L$F3_+7$KYMU?2=BJIPI,&Z?)D@H' M'2=YY5T&]CZ-;_([?)KV+]RT0EMR1>=?-O:_073@I>SN_ AU_H,MAH3&A>/! MG\TT9I/AL)]_$%N^&PO=V]R:W-H965T&UL=5-A;]L@$/TKB!]0'))V661;:CI- MF[1)4:>UGXE]ME'!YP*.NW\_P*[K=MX7X(Y[[]X=1SJ@>;(-@",O6K4VHXUS MW8$Q6S2@A;W"#EI_4Z'1PGG3U,QV!D0905HQGB0W3 O9TCR-OI/)4^R=DBV< M#+&]UL+\.8+"(:,;^NJXEW7C@H/E:2=J^ 7N=W1G/$R>=4P;@ M\OS*_C76[FLY"PMWJ!YEZ9J,[BDIH1*]]^)\,2; _>]*8(SMB+>>?'6>R_Y9I^D[!*(IICC&,.7,7,$\^QS"KZ6XLC_ M@?-U^'95X3;"M^\4_B?_;I5@%PEV[PCXAQ+78K8?DK!%3S68.DZ3)07V;9SD MA7<>V%L>W^0M?)SVG\+4LK7DC,Z_;.Q_A>C 2TFN_ @U_H/-AH+*A>,G?S;C MF(V&PV[Z06S^QOE?4$L#!!0 ( "%K7DW/V^WEM $ -(# 8 >&PO M=V]R:W-H965T&UL?5-A;]P@#/TKB!]0[DC:G4Y)I%ZK:9,V MZ=1IZV^C\38U&"^=-TS#;&Q!5!&G%^&YWQ[20'2VRZ#N;(L/!*=G!V1 [ M:"W,KQ,H''.ZIV^.)]FT+CA8D?6B@6_@OO=GXRVVL%120V6DKGX+W %Y<.#$I^C1&7C M2LK!.M0SBY>BQ>NTRR[NXW23)#-L&\!G %\ AYB'38FB\D?A1)$9'(F9>M^+ M\,3[(_>]*8,SMB+>>?'6>Z_%_I!F[!J(YIC3%,/7,4L$\^Q+"KZ5XL3_@?-M M>+*I,(GPY ^%M]L$Z29!&@G2_Y:X%7/W5Q*VZJD&T\1ILJ3$H8N3O/(N WO/ MXYN\AT_3_E681G:67-#YEXW]KQ$=>"F[&S]"K?]@BZ&@=N'XP9_--&:3X;"? M?Q!;OG'Q&U!+ P04 " A:UY-TOQZ/K4! #2 P &0 'AL+W=OW<NC@Q59)QKX"OY;=[;!8C-+)348)]$0"W5.'[;'TS[&IX!G M"8-;G$FLY(+X$HU/54XW41 H*'UD$&&[PB,H%8F"C!\3)YU31N#R_,;^(=4> M:KD(!X^HOLO*MSD]4%)!+7KEGW#X"%,]MY1,Q7^&*Z@0'I6$'"4JEU92]LZC MGEB"%"U>QUV:M _CS>W=!%L'\ G 9\ AY6%CHJ3\O?"BR"P.Q(Z][T1\XNV1 MA]Z4T9E:D>Z">!>\UV)[N,_8-1)-,:A[,=QVPT/';3#V+S M-RY^ 5!+ P04 " A:UY-1\.U0;8! #2 P &0 'AL+W=O;0O@R(M6GFA>QHD47?R109#D[)#DZ&V$%K87X?0>&8 MTQU]=3S*IG7!P8JL%PU\!_>C/QEOL86EDAHZ*[$C!NJQJ^9DRXI W!]?F7_%&OWM9R% MA7M4/V7EVIS>4%)!+0;E'G'\#',]UY3,Q7^%"R@?'I3X'"4J&U=2#M:AGEF\ M%"U>IEUV<1^GF_1VAFT#^ S@"^ FYF%3HJC\03A19 9'8J;>]R(\\>[ ?6_* MX(RMB'=>O/7>2[&[33)V"41SS'&*X>N8)8)Y]B4%WTIQY/_ ^39\OZEP'^'[ M-PK_DS_=)$@C0?J&@+\K<2MF_RX)6_54@VGB-%E2XM#%25YYEX&]X_%-_H9/ MT_Y-F$9VEIS1^9>-_:\1'7@IR94?H=9_L,504+MP_.C/9AJSR7#8SS^(+=^X M^ -02P,$% @ (6M>34@F%4FU 0 T@, !D !X;"]W;W)K&UL?5-A;]L@$/TKB!]0$L?INLBVU'2:-FF5HDY;/Q/[;*," MYP&.VW\_P*[GMM:^ '?<>_?N.+(!S9-M 1QY5E+;G+;.=0?&;-F"XO8*.]#^ MID:CN/.F:9CM#/ J@I1DR69SS107FA99])U,D6'OI-!P,L3V2G'S<@2)0TZW M]-7Q()K6!0 WP(&NSB3 M4,D9\2D8WZN<;H(@D%"ZP,#]=H$[D#(0>1E_)DXZIPS Y?F5_6NLW==RYA;N M4#Z*RK4YO:&D@IKWTCW@\ VF>O:43,7_@ M('QZ4^!PE2AM74O;6H9I8O!3% MG\==Z+@/X\UN/\'6 )$9'(@9>]_Q\,3;0^)[4P9G M;$6\\^*M]UZ*[>$+7JJP#1QFBPIL==QDA?>>6!OD_@F_\+':;_G MIA':DC,Z_[*Q_S6B R]E<^5'J/4?;#8DU"X3=Q/7?2U 0 T@, !D !X;"]W;W)K&UL?5/;;MLP#/T501]0)4K6IH%MH.DP;, &!!W6/2LV;0O5Q9/D MN/O[4;+K>9NQ%TFD> X/*2H;K'OQ+4 @KUH9G],VA.[(F"];T,+?V X,WM36 M:1'0= WSG0-1)9!6C&\VMTP+:6B1)=_9%9GM@Y(&SH[X7FOA?IY V2&G6_KF M>))-&Z*#%5DG&O@*X5MW=FBQF:62&HR7UA '=4X?ML?3/L:G@&<)@U^<2:SD M8NU+-#Y5.=U$0:"@#)%!X':%1U J$J&,'Q,GG5-&X/+\QOXAU8ZU7(2'1ZN^ MRRJT.3U04D$M>A6>[/ 1IGK>43(5_QFNH# \*L$P:B::8TQC#ES%S!$/V.05?2W'B_\#Y.GRWJG"7X+L_%![6 M"?:K!/M$L/]OB6LQ]W\E88N>:G!-FB9/2MN;-,D+[SRP#SR]R>_P<=J_"-=( MX\G%!GS9U/_:V@ H97.#(]3B!YL-!76(QSL\NW',1B/8;OI!;/[&Q2]02P,$ M% @ (6M>3;*<'_VS 0 T@, !D !X;"]W;W)K&UL?5/;;M0P$/T5RQ]0[WH#K59)I&X1 @FD51'TV9M,$JN^!-O9E+]G M[*0A0.#%]HSGG#DS'N>C=<^^ PCD12OC"]J%T!\9\U4'6O@;VX/!F\8Z+0*: MKF6^=R#J!-**\=WN+=-"&EKFR7=V96Z'H*2!LR-^T%JX'R=0=BSHGKXZ'F7; MA>A@9=Z+%KY ^-J?'5IL8:FE!N.E-<1!4]#[_?&4Q?@4\$W"Z%=G$BNY6/L< MC8]U07=1$"BH0F00N%WA 92*1"CC^\Q)EY01N#Z_LK]/M6,M%^'AP:HG68>N MH'>4U-"(085'.WZ N9XWE,S%?X(K* R/2C!'995/*ZD&'ZR>65"*%B_3+DW: MQ^GF-IMAVP ^ _@"N$MYV)0H*7\G@BAS9T?BIM[W(C[Q_LBQ-U5TIE:D.Q3O MT7LM\4%S=HU$<\QIBN&KF/T2P9!]2<&W4ISX7W"^#3]L*CPD^.$WA?_(GVT2 M9(D@^V^)6S%_JF2KGFIP;9HF3RH[F#3)*^\RL/<\O&PO=V]R:W-H965TIVF55NG4:=MG+G$25(A3()?VWP](FF5; MM"^ C=_SLS'9B.;9M@".O&K5V9RVSO5'QFS9@A;V!GOH_$V-1@OG3=,PVQL0 M501IQ7B2?&!:R(X66?2=39'AX)3LX&R(';06YNT$"L><[NB[XTDVK0L.5F2] M:. ;N._]V7B++2R5U-!9B1TQ4.?T;G<\I2$^!OR0,-K5F81*+HC/P7BH M3<' F8RT 0 T@, !D !X;"]W;W)K&UL?5/; M;MLP#/T501]0.4K6!H%MH.DP=, &!"VV/BLV?4%U<24Y[OZ^E.QXWF;L11(I MGL-#BDH'8U]= ^#)NY+:9;3QOCLPYHH&E' WI@.--Y6Q2G@T;09LCHAEX=3VW=^.!@>=J)&I[! M_^A.%BTVLY2M NU:HXF%*J/WF\-Q%^)CP,\6!K4E%")7OHG M,SS"5,\G2J;BO\$%)(8')9BC,-+%E12]\T9-+"A%B?=Q;W7X6M _@$ MX#-@'P%L3!25?Q9>Y*DU [%C[SL1GGASX-B;(CAC*^(=BG?HO>0\N4W9)1!- M,<3_P/DZ?+NJ<>4 MZ#4M\^@[FS+'TP]D0.RHES.\32)P*FM)7QV/?=BXX6)D/HH7OX'X,9^,M MMJK4O0)M>]3$0%/0^_1XR@(^ IYZF.SF3$(E%\3G8'RI"YJ$A$!"Y8*"\-L5 M'D#*(.33^+5HTC5D(&[/K^J?8NV^EHNP\(#R9U^[KJ!WE-30B%&Z1YP^PU+/ M+25+\5_A"M+#0R8^1H72QI54HW6H%A6?BA(O\][KN$_SS2%;:/L$OA#X2KB+ M<=@<*&;^43A1Y@8G8N;>#R(\<7KDOC=5<,96Q#N?O/7>:\F3#SF[!J$%(.)OVW2+;I MJ0+3QFFRI,)1QTG>>->!O>?Q3?["YVG_)DS;:TLNZ/S+QOXWB Y\*LF-'Z'. M?[#5D-"X<'SOSV8>L]EP."P_B*W?N/P#4$L#!!0 ( ")K7DWZ0'W!MP$ M -(# 9 >&PO=V]R:W-H965TP5]M#YFQJ-%LZ;IF&V-R"J"-**\=WNAFDA.UID MT7)(PVM69A$K.B,_!^%;E=!<$@8+2!0;AMPO<@U*! MR,MXF3GIDC( U^(XU>8Z[FF9"[^ M.UQ ^?"@Q.RN_(CU/H/ MMA@*:A>.G_S93&,V&0[[^0>QY1L7?P%02P,$% @ (FM>3=D@4+*W 0 MT@, !D !X;"]W;W)K&UL;5-A;]L@$/TKB!]0 M8I(E661;:CI-F[1)4:=UGXE]ME'!>(#C[M_OP*[G=OX"W''OW;OC2 =CGUT# MX,F+5JW+:.-]=V+,%0UHX>Y,!RW>5,9JX=&T-7.=!5%&D%:,;S9[IH5L:9Y& MW\7FJ>F]DBU<+'&]UL+^.8,R0T83^NIXE'7C@X/E:2=J^ '^9W>Q:+&9I90: M6B=-2RQ4&;U/3N==B(\!3Q(&MSB34,G5F.=@?"TSN@F"0$'A X/ [08/H%0@ M0AF_)TXZIPS Y?F5_7.L'6NY"@J2DA$KTRC^:X0M,]7R@9"K^ M&]Q 87A0@CD*HUQ<2=$[;_3$@E*T>!EWV<9]&&\.^PFV#N 3@,^ 8\S#QD11 M^2?A19Y:,Q []KX3X8F3$\?>%,$96Q'O4+Q#[RWGR3YEMT TQ9S'&+Z(2>8( MANQS"KZ6XLS_@_-U^'95X3;"MV\4'M8)=JL$NTBP>T-P?%?B6LS'=TG8HJ<: M;!VGR9'"]&VT+&P;8! #2 M P &0 'AL+W=O2^22/$<'E)4.AC[[!H M3UZ5U"ZCC??=GC%7-*"$NS =:+RIC%7"HVEKYCH+HHP@)1E/DBNF1*MIGD;? MT>:IZ;UL-1PM<;U2POX]@#1#1C?TW?'8UHT/#I:GG:CA"?RO[FC18C-+V2K0 MKC6:6*@R>KO9'W8A/@;\;F%PBS,)E9R,>0[&]S*C21 $$@H?& 1N9[@#*0,1 MRGB9..F<,@"7YW?V^U@[UG(2#NZ,_-.6OLGH#24E5**7_M$,#S#5J(D%I2CQ.NZMCOLPWEQ>3[!U )\ ? ;Y*DU [%C[SL1GGBSY]B;(CAC*^(=BG?H/>><)RD[!Z(IYC#&\$7,9HY@ MR#ZGX&LI#OP?.%^';U<5;B-\^TGA?_+O5@EVD6#WB8!_*7$M9OLE"5OT5(&M MXS0Y4IA>QTE>>.>!O>7Q33["QVG_*6S=:D=.QN/+QOY7QGA *39<,PEC$ 0 -P0 M !D !X;"]W;W)K&UL;531;ML@%/T5Q >4A-AM M%MF6FDY3)ZU2U&G;,[&O;50P+N"X_?L!=CTWX\7 Y=QSS@6NLU'I%],"6/0F M16=RW%K;'P@Q90N2F1O50^=V:J4ELVZI&V)Z#:P*25(0NMG<$LEXAXLLQ$ZZ MR-1@!>_@I)$9I&3Z_0A"C3G>XH_ ,V]:ZP.DR'K6P$^PO_J3=BNRL%1<0F>X MZI"&.L?WV\,Q]?@ ^,UA-*LY\I6$ @HK6=@;KC PCAB9R- MUYD3+Y(^<3W_8/\6:G>UG)F!!R7^\,JV.=YC5$'-!F&?U?@(:,8<)PQ=8;8+@CCV M18+&)([TOW0:3]]%'>Y"^NZ3PS1.D$0)DD"0?"*XO2HQAKF+BZ11D31"L+\2 MB6&^7(F0U<5)T$UXL@:5:NA"NZRB2U? M3:".Y^"W 0 T@, !D !X;"]W;W)K&UL;5/; M;MP@$/T5Q <$FW62UZ!^5O&FTD<]XT+;&] 59'D!2$ M)LD-D8PK7.;1=S)EK@UW@) @" 94+ M#,QO%[@'(0*1E_$Z<^(E90"NSQ_L#[%V7\N96;C7X@^O75?@/48U-&P0[DF/ MCS#7.*JL$Z+6<6+T6RMVGG*N[C=)-=S[!M )T! M= 'L8QXR)8K*OS''RMSH$9FI]ST+3YP>J.]-%9RQ%?'.B[?>>RGI+LG))1#- M,</8E!=U*<:3_P>DV?+>I^K.9QFPRG.[G'T26;UR^ U!+ P04 " B:UY- MW!YOC,0! W! &0 'AL+W=OX,:8_$**+!@33-[*'SNY44@EF[%+51/<*6.F3!"=T ML[DE@K4=SE,?.ZD\E8/A;0&[[>&8.+P'_&UAU*LY0O;6F:#.\Q*J%B S?/ M&MO%RX)#9=QT9^=J>LO3PLA^;E.R_"OR_U!+ M P04 " B:UY-?!K%'[D! #V P &0 'AL+W=O; O@R*M6GQHD<7&8TQU]2SS+ MIG4AP8JL%PU\!_>C/QD?L46EDAHZ*[$C!NJL29>2@;C>OZE_BKW[7L["PA.J7[)R M;4[O*:F@%H-RSSA^AKF?6TKFYK_"!92'!R>^1HG*QB\I!^M0SRK>BA:OTRJ[ MN([3G[N'F;9-X#.!+X3[6(=-A:+SC\*)(C,X$C.=?2_"%>\.W)]-&9+Q*.(_ M;][Z[*7@^X>,78+0C#E.&+["[!8$\^I+";Y5XLC_H_-M^G[3X3[2TS4]3:X< M;F'>\9AN%DDW!/A5D2W,_JH(6YV[!M/$B;.DQ*&+T[[*+D/]R..]_8-/+^*; M,(WL+#FC\[W"]H/?FVD4I\!A/[\RMCSUXB]0 M2P,$% @ (FM>38()2N"X 0 T@, !D !X;"]W;W)K&UL=5-A;]L@$/TKB!]0$N)T661;:EI-F[1)4:=UGXE]ME'!>(#C M[M_OP*[G=>X7X(Y[[]T=1SH8^^P: $]>M&I=1AOONR-CKFA "W=C.FCQIC)6 M"X^FK9GK+(@R@K1B?+.Y95K(EN9I])UMGIK>*]G"V1+7:RWL[Q,H,V1T2U\= MC[)N?'"P/.U$#=_!_^C.%BTVLY120^ND:8F%*J-WV^,I"?$QX$G"X!9G$BJY M&/,F;C!XH*:$2O?*/9O@,4SU[2J;BO\(5%(:'3%"C,,K%E12]\T9/+)B*%B_C M+MNX#^/-_C#!U@%\ O 9<(@Z;!2*F3\(+_+4FH'8L?>="$^\/7+L31&K&>XB?+=4__B. M?K)*D$2"Y)\2]V]*7(NY?2/"%CW58.LX38X4IF_C)"^\\\#>\?@F?\/':?\F M;"U;1R[&X\O&_E?&>,!4-C32ZJ"8W= 0 04 !D !X;"]W;W)K&UL=53;;IPP$/T5RQ\0LRPLZ0J0LHFB5FJE5:JFSUX8+HJ-J6V6 M].]K&Y82ZKY@S_C,.3.#Q^DHY)MJ #1ZYZQ3&6ZT[H^$J*(!3M6=Z*$S)Y60 MG&ICRIJH7@(M71!G) R" ^&T[7">.M]9YJD8-&L[.$ND!LZI_'T")L8,[_#- M\=+6C;8.DJ<]K>$[Z!_]61J++"QERZ%3K>B0A"K##[OC*;%X!WAM852K/;*5 M7(1XL\:7,L.!30@8%-HR4+-!Z?V-_=K6;6BY4P:-@ M/]M2-QF^QZB$B@Y,OXCQ,\SUQ!C-Q7^%*S #MYD8C4(PY;ZH&)06?&8QJ7#Z M/JUMY]9QYK^%^0/".2#]]3^XMTQ-+TIK-.UPIV9 MY)7Q7O,P2E)RM40SYC1APA5FMR"(85\D0I_$*?PG//2'[[T9[EWX_D.&]WZ" MR$L0.8+H \&G38D>3!SX16*O2.PAV&U$?)C_M.+@%3EX"/8;$1\F\HLD7I'$ M0Q!O1'R8PT:$K*X@!UF[X5.H$$/G!G_E7>;[(717^"]\>AR^45FWG4(7H&PO=V]R:W-H965TP6L M]"3!"8VBA C6=CA/?>ZL\E0.AK<=G!72@Q!,_3X!EV.&8WQ+/+=U8UR"Y&G/ M:O@.YD=_5C8BBTK9"NAT*SNDH,KP8WP\)0[O 2\MC'JU1ZZ3BY2O+OA29CAR M!0&'PC@%9I)+\9UN:)L,/&)50 ML8&;9SE^AKF? T9S\U_A"MS"7276HY!<^U]4#-I(,:O84@1[F]:V\^LXZ]]H M80*="71#().1K_PC,RQ/E1R1FLZ^9^XOCH_4GDWADOXH_#=;O+;9:TX/]RFY M.J$9&,2POSG*)*@21(0V&U,0IC]QH2L;H< 5?NYT*B00^=G MFZK;3Z"*-O:/^)E52&K"E1'>VX<8^%4O H3)N>V_W M:AJ8*3"RG]\"LCQ(^1]02P,$% @ (FM>34,]Y4WV 0 RP4 !D !X M;"]W;W)K&UL=53;CILP$/T5Q >L"4D@B0!ILU75 M2JT4;=7MLP/#16MC:INP_?O:AE"6SKY@S_C,.3,V,\D@Y*NJ ;3WQEFK4K_6 MNCL1HO(:.%4/HH/6G)1" =X:6!0B[UG*[D*\6J-KT7J!S8A8)!KRT#-)_QZ&!X130+@*(*.0R_P3U31+I!@\ M.=Y]1^T3;TZAN9O<.MU5N#.3O#+>6Q9&^X3<+-&$.8^8<('9S ABV&>)$),X MA_^%AWCX%LUPZ\*W[S*,<((=2K!S!+MW!/&J1 QSP$7VJ,@>(3BN1!!,'. B M$2H2(02;E0B&^>"^8U0D1@BV*Q$,L\-%#JC( 2%8_W88YH.'/Z(B1X1@_? 8 M9OWP9-%,'&3EQHCR@Q=,_Z#CV/N.Y55TRKO*K1I:==XI1 : M3"K!@_D_:C-99X-!J>TV-GLYSI?1T**;1B>9YW?V%U!+ P04 " B:UY- M($G\Z\L! !X! &0 'AL+W=O>> MBUS30>E7TP!8]"9%:S+<6-L="3%% Y*9!]5!Z]Y42DMF7:AK8CH-K PD*0A- MDAV1C+0*@APRM\2SSSNK$^0?*T8S7\!/NK M.VL7D5FEY!):PU6+-%09?EP=3SN/#X 7#H-9[)'OY*+4JP^^E1E.O"$04%BO MP-QRA2<0P@LY&W\F33R7],3E_J;^)?3N>KDP T]*_.:E;3)\P*B$BO7"/JOA M*TS];#&:FO\.5Q .[IVX&H42)CQ1T1NKY*3BK$CV-JZ\#>LPZ=]H<0*="/2. M0,9"P?EG9EF>:C4@/9Y]Q_PG7AVI.YO")\-1A'?.O''9:T[WGU)R]4(3YC1B MZ *SFA'$J<\E:*S$B;ZCTSA]'76X#O3UDI[LXP*;J, F"&R6 H?DKL48YH,F MM]$BV_30,(Q)3" 0 -P0 !D !X;"]W;W)K&UL;51A;]L@$/TKB!]0'!*W:61;:CI-F[1)4:=UGXE] MME'!>(#C[M\/L..Y&5\"=W[WWCO@DHU*OYD6P*)W*3J3X];:_D"(*5N0S-RI M'CKWI59:,NM"W1#3:V!5*)*"T"2Y)Y+Q#A=9R)UTD:G!"M[!22,S2,GTGR,( M->9X@Z^)%]ZTUB=(D?6L@1]@?_8G[2*RL%1<0F>XZI"&.L=/F\,Q]?@ >.4P MFM4>^4[.2KWYX&N5X\0; @&E]0S,+1=X!B$\D;/Q>^;$BZ0O7.^O[)]#[ZZ7 M,S/PK,0O7MDVQWN,*JC9(.R+&K_ W$^*T=S\-[B <'#OQ&F42ICPB\K!6"5G M%F=%LO=IY5U8QYG_6A8OH',!O2D@DU!P_HE95F1:C4A/9]\S?\6; W5G4_ID M.(KPS9DW+GLIZ#[-R,43S9CCA*$KS&9!$,>^2-"8Q)'^5T[CY=NHPVTHWWYP M>!\GV$4)=H%@]X'@X:;%&&8?%TFC(FF$X/%&)()Y3&Y$R.KB).@F/%F#2C5T M85Q6V64JGFBX^'_P::2^,]WPSJ"SLN[YA$NNE;+@K"1WSDOKIG@)!-36;Q_< M7D]O>0JLZN&PO=V]R:W-H965T,"B;=_7\".U_'RT!?##&?.G,$S)+U4K[H&,.A-\%:G MN#:FVQ.B\QH$TP^R@]:>E%()9JRI*J([!:SP08(3NEIMB6!-B[/$^TXJ2^3% M\*:%DT+Z(@13?P_ 99_B-;XYGINJ-LY!LJ1C%?P$\ZL[*6N1B:5H!+2ZD2U2 M4*;X:;T_Q@[O 2\-]'JV1ZZ2LY2OSOA6I'CE! &'W#@&9I)'C HHV86;9]E_A;&>&*.Q^.]P!6[A M3HG-D4NN_1?E%VVD&%FL%,'>AK5I_=J/_+>P< = ^C_!D1C0+0(((,R7^IG M9EB6*-DC-?RLCKF>6.\C>YFY<_J[\V>V6FV]UXQ^6B?DZHA&S&' T!GF'4$L M^Y2"AE(I_@^!&QVX8S1,$B(A\?W15!PP2;(,'&$VSN"*+%+80PFT4A M(4P<%A('A<0!@NU"2 BS6P@)81X70LBL1P2HRH^31KF\M,;]C9EWFM@GZGIL MX3_821X&[YUF> 9^,%4UK49G:6P'^SXKI31@):X>K,;:OCR3P:$T;KNS>S7, MWV 8V8U/"YG>M^P?4$L#!!0 ( ")K7DW%75E1N $ -(# 9 >&PO M=V]R:W-H965T,L$8I5$N MKJ09MDW@,X$OA/L8ATV!8N:?A!=%9LU([-3[ M7H0G3D\<>U,&9VQ%O,/D'7IO!3\>,W8+0C/F/&'X"I,N"(;J2PB^%>+,_Z/S M;?IN,\-=I._6]/2P+;#?%-A'@?U*8) M>9>!?>#Q3?[!IVG_+FPC.T>NQN/+QO[7QGC 5)(['*$6/]AB**A].![P;*4;%W\!4$L#!!0 ( ")K7DTJQ$&PO M=V]R:W-H965TD/',\UXV<'*>%/4OTWC.;)?0L MLK0@S\SBYSS'[-^"9/0ZM9']OO&2'D]";3BSI,1'\I.(7^4SDRNG4=FG.2EX M2@N+DG*;VR+;VY(#/F7BAUZ^D3BBT MK3K[[^1",@E73F2,'\1_)K@?Q""NX2@)@1#(X0U(1P:(:H)D4%PJF+IZJ^PP+.$T:O%JA>HQ.H] M19-(GN].;>KCU,_D 7"Y>YGYKIW?"P["/BR/#P4&3]6&0#B(S@3'RPGK[F^YUZ^K! H$6B#H" 3&@528 M6&.*JMJAZQH5ZX/\'F@%*+FNB5H#**^-ZJ05@FF%0%K&2[3H8P+C>)9AWTD< M(B.I/NA+X/E&3GU0X$8W3BH"4XJ E R_BPH3MJ*81E9W(1T;,6@C!FS$AHVX M%P.91;L+Z=@8@39&@(T;7\X8%!@/_W*0"_MKBUH^="*(^MW6:@FWOJ[][87Z#) M$@'[*S195^/:AWPU/?[ [)@6W-I2(8<,/0H<*!5$>G>?9(U._0=02P,$% @ (FM>371I[WJZ! P!@ !D M !X;"]W;W)K&ULE9G;;N,V$(9?Q?!]5R2'%*7 M,9#8\;9 "P1;M+U6;/J E2Q74N+MVYFFOS(TF-Y/]U7U>DN",KUWF1)^24_F:/]9IL765+9VV(7E*?"))O&*$L# MP5@89,GA.)W/FF?/Q7R6OU;IX6B>BTGYFF5)\=^C2?/S_91/WQ]\.^SV5?T@ MF,].R<[\::J_3L^%O0LN7C:'S!S+0WZ<%&9[/WW@=U\EJPT:XN^#.9=7UY,Z ME9<\_U[?_+:YG[(Z(I.:=56[2.S'FUF8-*T]V3C^[9Q.+V/6AM?7[]Y73?(V MF9>D-(L\_>>PJ?;WTV@ZV9AM\II6W_+SKZ9+2$TG7?:_FS>36KR.Q(ZQSM.R M^3M9OY95GG5>;"A9\J/]/!R;SW/G_]T,&XC.0%P,[-BW#*@SH \#>=- =@9R M;$BJ,U!C1P@[@_##(+QIH#L#[8P0M+/;E&N95,E\5N3G2=&NN%-2+VQ^I^V" M6-:D<=\]@RXHK1JH\L?83WB95/$-<7)K!!7B(5 M*-)'X3D0_2$6/J&=5):?.GGZW,D*.(GZR%3I-M,+)(:!Q,"! M=F8D]@HJ$W@TJP. 3E R1O0&^B M0C\!);G6H("^4XM2I(9SQ)8HD6JT\* M*_AB.%7<#KG?QR+N9AKYW064:@$XSJ5?J"4 13,=7I8^2)+BX21QJ^6@UY(G M/;&WT$(E5 SR!*1D2H%$?9+'3,5H\0(TTD*'@\D*W,,%Z.'D[A<@% Z,@YNR M\/NM'A P@9N>$..W]@(W%0&:"FDW600-;)$%UG2!Y-KMSQUTO5H;F?*6Q5AP M-0+L1X\[A? [A1[8O0NL_B+\B5)A415(5+U2 4@.)8L538"=N5\J7UC"")9J M)+@: ?:CQU(E?*D*!_;PA-]_8N-+1?C5)K#?EDY76$)H8%]/6 (['HEN>,@ M2 Z,,W"$ 1 NI((H0%))*P2-$8ER'^GA;3_LFOM93Z67&&2(MM^!Q+ 0D%@ M2RD'SJ8(*P7]A%(05@I"(N">*W40V-I+;:^+]DR]O:GR4_=[07#YT6+^/U!+ P04 " B:UY-S #*)1T# ; M#0 &0 'AL+W=O<:'^NRO/#V MM3LR)IRWJJR[E7L4HEEX7K<]LBKO[GC#:OEDS]LJ%W+8'KRN:5F^TT%5Z8'O MQUZ5%[6[7NJYQW:]Y"=1%C5[;)WN5%5Y^W?#2GY9N<1]GW@J#D>A)KSULLD/ M["<3OYK'5HZ\(C>4:6\E_9WOJ!*],%BFERM_Z M:U'KZZ5_0HD)PP/ !, 0 .'5@, $!!\!UQE"$Q!: 5Y?BEZ;AUSDZV7++T[; MO]XF5[N(+$*Y^ELUJ1=;/Y/+T\G9\SJ(R-([JT0&L^DQ,,)\(#R9?: C&(# MD_ @@L\4&88)/F,>,$R("PG06@.=(!C7D?AX@A!-$.H$X2<%D55)CZ$:4VL, M^$F LT0H2X2PQ-8KB28L,0V I-:2(3 _BB'%Y<2HG!B10RTY4TQH*S0X=^# MZC"M^0U99'WG^9&F_VSXD;>'HNZ<%RYD_ZJ[S#WG@DF9_IU<\:/\4AD&)=L+ M=4OE?=NWZ_U \,9\BGC#]]#Z'U!+ P04 " B:UY-NBMTW3T$ #K% M&0 'AL+W=O28EG_WYUQ;&;Q43S$DM,=;&+37:W.+L4Y8_J MJ%0]^96E>36WCG5]GMIVM3VJ+*F^%&>5-__9%V66U,UK>;"K4I38Y MCF]GR2FW%K-N[*ES M=)*>2Z* M'^W+G[NYY;0>J51MZY8B:7Y>U4JE:&-G\ <#_]W [^+1+U:W^NND3A:SLKA,RGX#G9-VGXJIW\1WVPYVX>S^UP2@ M:D9?%S+P9O9K2S1@ECV&;C DK(TR5I!'0_Q4I' M!#[S\U.2S>$W28O,.$G@C9 MD"P8<5\2. #P1$3W&.\&SM8T*/'8.-C@D$84$1%!0!02QG+"-M$H_YNM(A#T++ M3@ 4L#AN$)'I- H'YWP':&(!6 Z@^XD$#Q-"D1S6:3E+8]G"L04 M\%7< *;;SN%>%ZZ# A3"T+25<244H!2&O!0.H/LX422X[E&P&,&$3Z:0XHHH M/.!WR/WVM)E\HH"[/085 Y0@85IL7(6%#^(5&2APS1.@Z$6\Z F]"HG0UTY? MH&U '14CE&=J/ 6N:0(4-7WW(!!Q;Q#(4%\%KD<"%*3(Q12$\S\YXQM0PHF6 M0*+56E#24Y_G^_S384 %'Z)BA#*U6X33*($T&ADR%N&,1;_1NA/.6#2F>2<] MQXA0:!\S8U Q0@6AH?TFG*X(=/"FDT\X>1#HX;633WKO#4[^*%2,4,:33SA= M$4I7IGCCY$'A;VP9?.0)''E]R^B-8?,]PHO%*%0\H.Z[!,-)D3C'2-!C1H;% MESC'2#&^/9#XR$MTY'F9E7HGXPJ'?VQ\ANK=L6_N73)5'KI;LVJR+5[RNI5R M,WJ]F7OL+N;8^%),5P*,K\5TT]^[O=/WUX!_)^7AE%>3YZ*NBZR[T]D71:T: MYYTO3<"/*ME=7U*UK]O'H'DN^^NW_J4NSL/5HGV]WUS\#U!+ P04 " B M:UY-MXL54'P# !]$@ &0 'AL+W=O<^-KSB\Q?BX,0RGM+DZQ8^ >ECH]!4&P.(HV*!WD4F7ZSDWD:*?V8 M[X/BF(MH:X+2)*!A. [2*,[\Y=R,/>?+N3RI),[$<^X5IS2-\G\KD']0Y4"PG!^CO?@IU*_C;G8+?PG\KCFO PPB-^Q MN!17]UY9RHN4K^7#U^W"#\N,1"(VJJ2(].4LUB))2B:=Q]^:U&_F+ .O[]_9 M/YOB=3$O42'6,OD3;]5AX4]];RMVT2E1/^3EBZ@+&OE>7?TW<1:)AI>9Z#DV M,BG,7V]S*I1,:Q:=2AJ]5=>YO'AY]=\Z1N5'01Z9%G-3#AKMS#M=;:%'STLVF\V#$8N_1L(4VJ)T,=C&UO<=#QQ)%L?X_:ZQV0!($L26Z#VLE@%U/;>YR$ M#@KL/3H=( GV'K77/2 )6!P)Z4IR&]1NS+"+F>T][O(>P]YCI+\D#'N/V>N> M+0D$=;^2.Z!V,HYFU?8>)ZYZL/<8'R )]AZSUST@"0)9DMP&M9/!+F:@:R6. MUH9A[[$!?2O#WF-].E<(LB09T+LR[&(&7.Q:<3CV'A_0O7+L/=ZG>T4@TMD] MK>^ VLE@%W/4O3H:>HZ]QX?L%!U;1;#ND5%7D@I$JBUM5J'8P[0K"H*-'[H_ ML<'59CX5^=Z<>Q3>1IXR<^AR-=J&PO=V]R:W-H965TP^>L?$EVEVIH:I:J96B4YWV,]GU9M$!O 62/?WW-9>L MB#U$D0)FW[&?P>,7>W=SW??^8NV0_&CJMM^GEV&X/F19?[S8INR_N*MM_2]G MUS7EX)O=2]9?.UN>IJ"FSI QF35EU::'W?3LJ3OLW.M05ZU]ZI+^M6G*[K]' M6[O;/H7T_<'7ZN4RC ^RP^Y:OMB_[/#M^M3Y5G;OY50UMNTKUR:=/>_3G^&A M0#X&3(J_*WOK5_?)F,JS<]_'QN^G?8Y_ET[3 M^YACX/K^O?=?I^1],L]E;PM7_U.=ALL^U6ERLN?RM1Z^NMMO=DDH3Y,E^S_L MFZV]?"3Q8QQ=W4__D^-K/[AFZ<6C-.6/^5JUT_6V]/\>1@?@$H#W !"?!O E M@ =N23?/UK4N'^9Q_'A].ZFWWRVO7_Z=A @=]G; MV-&B>9PUN-+@1T5!*/1=DGF .P62%#C%\W6\H>,Y&<^G>+&*YRQ(8I:H2=+. M$L6,44&R!:7+I3:,YA$DCXAY(."9)?EJG)\TUR;/ QY"IZ3_VWB_.-2RK$IBH00R@>5SQ'*2,F0J? MB T7 ]I6(?95@3Q$(AS3UR.+II_0"%&UM7PKNC MS1[&EBPTD]&L43IODCEL(-'.C<1V. \7&\8;7:DXAIN-@M*Q7$;[\VQUXAB/ M@'^6W4O5]LFS&_SA93IBG)T;K.^3??$)7ORI\]ZH[7D8;Y6_[^:CU]P8W'4Y M5F;WL^WA?U!+ P04 " B:UY-.W'%_80$ #5% &0 'AL+W=O[/UOIW\+(M]?.E.OA]^,]359=Y&Q[KYZ@YU#[?])W*(L(X3J(RW^VG\UG? M]E#/9]5+6^SV_J&>-"]EF=?_+7Q1'>^F,'UK^+9[WK9=0S2?'?)G_Y=O_SX\ MU.$I.D?9[$J_;W;5?E+[I[OI/=QF:+H./?'/SA^;B^^33LIC57WO'G[?W$WC M+B-?^'7;A\\8OJ^+?W:;= MWDW3Z63CG_*7HOU6'7_S@R SG0SJ__"OO@AXETEXQ[HJFO[O9/W2M%4Y1 FI ME/G/T^=NWW\>A_AOW>0..'3 .NC/OL$,'0QY0W32 MW@_F*F_S^:RNCI/ZM!X.>;?LX-:$Z5IWC?WL]/\+X]F$UM>Y5CB+7KM [,X M,7C!6'.-K#@"9R(*"9RS0"F+!;+N)(*4C(R H4NLD\49 M49P1Q)%ULC@QYN(])@8=$VT"Y;0C [7B%!BC$(@T"7.IT;*T1)26,&F.Y+Q( MV&N4 N>(,H%"H+.QXI1S"LC49@)EP:6R+BOJLEP7&;Z%%3*VE%H*%+C8$EV< MV6>IJ"L5EB(9OD7*UP4DH.A:%#!4)B83N^*8,DHE9,UF$H9A MV+(&"X,PG#=*S& +G( *'*T/18'Z#K:8D-5<1PS<9(R>1S3-G9CNTZN-<#RZEF/5&$@VSH(OJYI MB0G<8PTBK9Z6 A8T49-<"5BP:ZNIL4N3U+H61=8ZRV:-D]K24&2![E7I,]^=2Q) 6:1*%*J43B+PPN$&T8S_4Y67 2ID,!<^/TQ$70]FD43+I$;= V0A1?_[$0=EP4/I1R^0:-OZ"W.CB2J;T M]7-_/]9,UM7+ONV2O&@]W\'=8W>E0]H7<+L$H7T%M]GIANU7^-.%WY]Y_;S; M-Y/'JFVKLK_N>:JJUH?DXR\A^:W/-^>'PC^UW5<;OM>GB[;30UL=ADO$Z'R3 M.?\?4$L#!!0 ( ")K7DWT=J>(L , $$0 9 >&PO=V]R:W-H965T M75F!_MX.-V%I*6D<[UIFE=I/;RII'W_[GW=!6^#>4UKO33YO]FV.I>>\N:+.?^C MAX!$& S1?])O.K?PEHE=8V/RNOL.-J>Z,<7@Q5(ITI_]-2N[ZWGP_VZ&&]#! M@%X,[-I_,V"# ?MCP/]JP <#_N@*8C 0CZX@!P/I&$1]LKKLK](FG4\K=W6]V VH[^S;G7$VCM];1@%GT&'J%4>(6LO(A<$%$ MEL"%!<58+*AG3F\76/H()1T.=YT\WW>R1IS$>"0,S2?K[-E-/D<<<-0![QSP M&P>)LR$]1G68LL,PE3"J8B8\350C2FE!/F M$'\0M\9PDK"8X\0E2EPBQ,$A)+V%@%+I%,^S]/*8V#3B7!3*12%*8^+ M4Q_//H(+B=.(41HQ0L/)_2+V%F&,)4Y*EK&7$JI4[(;D^TH4Y>[CZZ-B0M3( M7B=H8 D2&'?()#Z9A(&[UPA*03+RQ #!Q9?X:B'$B(L1_08D(ND*./A[)0B5 M[FZM'@6N,2"5H)0:88_J_A-0A+UW_%#_X>,<.",N^P>!ZP&H;H BB<5(+0&N M]< 0]JX&#R!'.HA;VP@LX3$9X8,?'8"<'2)Q^7!?'%PN"&1,/P _# Y#:2W M7[Y\QS$%5\T0F )@8X1PD0=$Y26XE>8+."B2.,JWQ&!2*%='$)@ (,H-#X$1 M2L9*$3\W #DXY,C) [CF0^R+D60C+G!U!41>)7>3[(.8= ^$.Z#;5TI<7"E! MR(R(*\7%E<+C*:&XPE%$X;R4("#&7"&Y [HE@PL6_1]OIQ37&/K(^RGU7RBI M(/;CAG07UU.*KKJ90E?[KA>M@XTYE4T;SM7LI=]]HFTWY,PO8+($9'X%D^>^ MF_WCOF^N/Z?5/BOKX-4TM@?K.J6=,8VV],D'*TD'V\]?!KG>->VMLO=5W]3V M@\8&PO M=V]R:W-H965T\\\SN$RDX.I?M8;K1OO5Y&7 M]=3?-,WN(0CJQ4876?W)['39_K(R59$U[66U#NI=I;-E'U3D 0_#*"BR;>G/ M)OV]UVHV,?LFWY;ZM?+J?5%DU>\GG9O#U&?^QXWOV_6FZ6X$L\DN6^N_=?-C M]UJU5\$IRW);Z++>FM*K]&KJ/[*'%YEV 3WBGZT^U&??O6XH;\;\["Z^+*=^ MV#'2N5XT78JL_7C7\/HO^IWG;?PCDE;8V'RNO_O+?9U8XHA2TNE MR'X=/[=E_WD8\G^$X0 ^!/!30%O[4H 8 L2M 7((D*< P2\&J"% _:D@+P9$ M0T!$ H+C9/6S_YPUV6Q2F8-7'3?0+NOV*7N(VO5==#?[Y>Q_:Q>@;N^^SV04 M38+W+M& >3IB^ @3CS%S&Q.K,>39AK 3(FA)GIARQ/2) Q8)86%C."%Q%?$9 MU4G'F!>0)<%C$7#611\O1C4$3B!A MDGD.<)XI!,QA$3]YBRQX@X%3PFD_9\ M(^X%X)12W#5R!8DK0-RQ#2*8(+I]ZF*8(+YAZHX8=394IL+VC\Q<;,T(@8WH M))!. NC036MC!'>,.85%4E!$D"(((W$1%F(O">T4D7*D<-@1NWUY&?2)1\9O M6. !=+["'*WP@(O=N#$E+'^PD!E2*1S;&H\N=T7.?8K MCOS*4DMJ#SA68&)2ZR%)<./N&UN;N*-1$=B0Q!V-BL V(E"C0F6"0*X'AG"\ M; !%I[3[@*#(40?+7B"Q4@^"(->[$U:T &*E#\ Y J6IHPY6M+ 5K>B&G M; MJ=#FK^/&E+"BA:UH%3I>GP16M+A#T0(K6MS2@0"0"AV6*K%,I2U3>P$&T.BU M%%GJ==R8$I:]M+L'%5*7AR!)^5P&C6O40O"L0NGQ#(99<2RUXBV2>T#@(Y[$5B+4OP=*8MVV< 4LPU M'BQXB5XY4EK'!BGF,!:)74$"P3-ZN 9!=!\$9X>7A:[6_=%S[2W,ONS/O<_N MGHZW'_OCU> /_'@V_BVKUMNR]MY,TYBB/^A<&=/HEDOXJ=TK&YTM3Q>Y7C7= MU[C]7AW/I(\7C=D-Y^W!Z=!_]C]02P,$% @ (FM>3<@U P1. P *@\ M !D !X;"]W;W)K&ULE5=A;YLP$/TKB!]0\!D' MJ))(3:-IDS:IZK3M,TVLFU]$^2H/ MG"OG+<\*N7 /2AWO/4]N#CQ/Y)TX\D+_LA-EGBB]+/>>/)8\V1JC/// ]V=> MGJ2%NYR;O:=R.1-61EVW]^]?S')ZV1>$LD?1?8GW:K# MPHU<9\MWR2E3S^+RE3<),==ILO_.SSS3\(J)CK$1F33_GEN#AE M_7F/276*R'V@J[^I-DVQS6^Z/%+OGI>,!'/O7#EJ,*L: QU,R/J01QM"6H2G M";0L &.Q LL$<*%H):NQIKQ(,=Q"@#@+C(.@YF W2J#'$-Z#" M@/R[>"0,0\,P*TP0^H,O5F/"3A0:QA3":$#G2MP:P3'&8*S ,Y3X#"$^*4 ?1%:6+K%0)\_7?H'*3L!Z=&*43(W2&Y][&4*!XD.I481WNVV%F M(V4C(R)!KJ\\03O\@0#2'>%0:##0\,Q.@/ID\%8G%'$1#\E@((O,YZ ^&5PV MB*T;]JEL0-WS!MBQG,;U*>$20S"-84-*-8AU0D4V'ULYHE$RN&P06S>QM64O,X@D?-R;X8TZ6S$ MJ3 38F>W'00?P PB'_!ZBOR1E/NTD,Z+4'J<,4/'3@C%-1W_3I^[@QYNUXO/P/4$L#!!0 ( ")K7DVL]D1,<08 # F M 9 >&PO=V]R:W-H965TVSFBB)4=OR)"7I_OTD674MWJ.L]D-M*X_'._+XWI'4 MQ4=1?JM>\[R>?=^LM]7E_+6N=^>+1?7XFF^RZE.QR[?-7YZ+7NOVP>+J8I>]Y%_R^J_=0]G\6ARL/*TV^;9:%=M9F3]?SJ_5^;UU M;8,.\? MS_KH_\C?\W4#;SUI^G@LUE7W_^SQK:J+36^E<663?=]_KK;=YT=O_TD;F*D]<-^ I_9@^P;V9P,[VL#U#9S7PV(_NMUT MI5F=75V4Q<>LW&?<+FL36YV[)B$>VX?=_'=_:V:L:IZ^7['6%XOWUE"/N=EC M]!'&\1"22H@:(NXD@I0[8!:-DP=/-?+T1@L#GI^W$N&LY^=)(\O31NXDA#4- M,?>@HQA'2W!>J&M/Q^U-P("!!DQGP R<--[$[C&NPVS[B8W:?][ 2ERB6.+2 MB?:6I^T- F08((, O;2\D1CR,>DX9N"(A8Y8X(B7,C=61*PX3N1([W$\P&DC M1UK:,TT.RI&6]O83$AAI!P-T($#G!>A$1XE*M Q0XK1.8AD@P!E*0(02J"Q% M.AAB#$.,08BQ%V(L>XIPKH'HF"QDQ+8Z ,-$1<#33L?8I('Y$OE,L,QWZ)'&C+F$55$@& M_8)#23W"%0< XI)CJL7E!(O#,+$6*@=6G@F8P%JC@-B07[DHR?EGBEU,B'^F M8^][K!M@;42L+DUST*,+N)6H6644R&WB.H4DD4CD%CQ=! ,80F M:DG:9ZJM623!I[^ O>^QPZEP6MLX' :6 XWD(+!;T%@.M)0#%?F\J:4[0!-8%;:?O9#7F7 TV($;Y@R-! MY$+18F+6@)B-]OM!H-"08.;4@#F%5&K)<5#8TAYX)Z*><]$TX7,8+8RDJVDD$%0$N@'$Y !>WLA9 BD0O%@ MEC* I5@<"DL061WH)W"6/>DP6Y**<$6618$T,IAR#* <%A,(0,&!Q6QC9-$4 M5!"#2<2@4ULQ9FYD0/IHQB!#1S!Q&$D8#!$A=SP[(8\>=F%#)T!!,%HT- <8D"0.P?-IT #9W!;,+R MSBN8](R)@B<01/EF;A!S!-,&@*.' 811CFN!?.,]B MO, 9G6?YAR@<.*-"Q0&C,RJ!';J&B8,E<3"'+O!NZ$PGB]Z5JW[[)XSV_4^:T"SU-UOMR_O/33 M_/Y=JC^S\F6UK69?B[HN-MU[+L]%4>>-_]&G9CA?\^SI\&.=/]?M5]=\+_?O M,.U_U,6N?S]K<7A)[.I_4$L#!!0 ( ")K7DWUBQ3<(@H !-, 9 M>&PO=V]R:W-H965TZZ5/RT6^X>7=K/<_]2]MMO^7YZZW69YZ%_NGA?[ MUUV[?#P=M%DO\BP+B\URM9W?W9S>^[J[N^G>#NO5MOVZF^W?-IOE[J\O[;I[ MOYV[^8\W?ET]OQR.;RSN;EZ7S^U_VL-_7[_N^E>+CU$>5YMVNU]UV]FN?;J= M?W:?[EVHCD>^SX[5\Z[K?CR_^^7@[SXXAM>OVX7 <8]G_^-[> MM^OU<:@^D#^&4>>/G[C]%_.5U]?S7?EOOVOEO_MGH\O-S.Z_GLL7U: MOJT/OW;O_VB'*_+SV7#Y_VJ_M^L>/T;2G^.A6^]/_Y\]O.T/W688I0]EL_SS M_'.U/?U\'\;_<1@?D \'Y!\'Y&[T@&(XH! '+,Z1G2[UY^5A>7>SZ]YGN_.? MZW5YG!7N4]'?S(?CFZ=[=_JW_FKW_;O?[WS(;A;?CP,-S)$^N/@4]\3D?)("KZ,X#5!$ Q0\0(D#E*=9-F%^ >2=O*L)* [&2'H'>'YEYK&*.Y$?-/((* M>7_'H3@85C)'4J;2GR U\\:A.!A6,]?HF5<9-S=G.,S^LK M,H3S--=YJGL&@'3/D(#B_IHSOH"V0_4, Q3=N\K^,Q6L# 4DO>H9"*IDSY" MXF!8/@IJ.V3/0% E_P@)* [&6.50 R,3ER"5N DH#H8EK:"V0_8,"%DK.U:K M@M1*30<2HD9>]#@4!\-J55 #(W,2()@.XU <#.M9 7I66[G&,E5<(5,%RU2A MQ447JD3%)["0!:KBI> XF XU4M(4%7Q2MV8C#4+)2=R M"8FL*AY!:I6<@.)@6!)*O<+0%8\@)7$)* Z&Q:4$W5 5CR!9(>X34/QDCA7( M:P72%0\AZSPL4QZ61FJ5[.'YS,@JV;.<>1(A.?,0DNN2!!0'PW+F26@GK MGG.V>V@E5'$%2*^2$U#\&)VS/4 BJ^(*D&ZV$U <#$M"H)6,7"4'D(2157)@ M20BT3I'J,T"35\F!,SYJ'OGK^H9@K'- M TFO>@:"5,^0@.)@6#X"M1VR9P!(*W<"BH-A(0K4P*C$G;)QE(#B8%C2 DB: MZAD0,GJ&BM6J(K62TP$@O4I.0'$PK%85-3 R)P'2+60"BH-A/:M SZP95;%, M55?(5,4R5<&#$%7( 3(+><4*5($"7?2.\1"L+-4U.\C&%O*D/63J.:0X): X M&-:#:LH^,D!>[VB/0W$PK ?5%7O)-:=Z/64O&2!=\1)0' RG>CUE+[G6CLI>\D$R3_V?0**@V%)J*?L)0.D*UX"BH-A<:E!-U3%(TC-\ 04!\,* M5$_92P;(6Y6U9IFJI^PEU_KY3#$V\UC.ZBE[R0C)=4D"BH,Q7#%3]I(14C/O MBKWDFN6LAG568U2LAN6LN6(ON6$1:J;L)0-D%M>&%:@!W;#ZM(9UH[EB+[GA M;&^@E5#%%2!=7!-0' QG>S-E+QD@+3T)* Z&):&ASL6:2ISJC4Y075P!TL4U M <7!<*HWM)*1$C= 4XMK8UC<:(M82AQ!JK@F(.&6L^QRM-VLK%I @6,F08F M#,M<1GV.LFL1I29ZBA(!&<:Z#)ZW:LL64&:==9EAF\NH0U&NK8&:6FI=QNIV M?C]5;)E2SJT$)0(RO'$929SV;A*EY^(X)0(R3'09/+!IS*LR['%9-5TK76;8 MVC+H(%3A)G08TYB"%X@[-WFFH:UEY'WEY=D=&W:U5DP[CKR+G; M&(^:G6')=3FU(>:=,Z0@IP<9JB(#!14Y08F #"D PRU49++E:FU*4.*#+X9@ M%%<\9'&&+]>!G18J,MIWU54E*!&0H0-HSE4R6.B]ZK&*;'AO'5EF=44F2E?D M!"4",O0"O+7T<29: NG/,XU3(B!#>\A?JRLR47K6)R@1D*%0Y-;5%9F&"T8ILN'9=08*GYR)1JB(G*!&0(7AD M85&2D]%\$Z M0_#(+=Q8,F[8A1WZA:U;8QB&'?E\=44&RJ[(AAW8@8O7-U;2 >=XV/UQE& M7C?)R4L4E(IKO+S.,/.Z26Y>1W;>W$Y/P\[K)OEYD6I4J4A0(B!#+R9Y>HD* MF?ZTZ3@E C+T8I*OEZB0R>\.2%%Q0(:UUTWR]A(5,NLCL(:[UX&]-V16@AF^ M73?8;:=EJ>&W=6"3A2PE2L[F^Q0E C*TATRW.DL'*LK24&36ISJ=8<]UGH1% MI2E0(9,6SQ0E C)$BHR\.DV!"IFJH@E*!&0(&=F"=9H"%;*@ AJG1$"&D'ER MY.DT)8FRBK_A179@(0Z9578,#[$+UZR[#.^O _,OI"E0I5-BF:!$0(;XD$58 MIREXA'V>!353!\X5%V _5RRFB@ LRE<4H$9'TCQ*0U&E#!K"Z&2=F!MSBX0IWJ3/G+ZN+4 MMQ$M+KYA:=/NGD]?1K6?/71OV_XP-[]X]^,;KS[GIV]H^C]^_KJL?R]WSZOM M?O:M.QRZS?'@V5/7'=H^FNRG/HR7=OGX\6+=/AV.OQY]GKOSMU2=7QRZU]OS M5W M/KX'[.YO4$L#!!0 ( ")K7DU&WB#$?P, *@/ 9 >&PO=V]R M:W-H965T8F22,W+M$F;5'7: M]IDF3H(*. ,GZ?[]S$LIL8^6? FV\]SCN_/Y@9M>1/%2'CB7UFN6YN7,/DAY MG#A.N3GP+"[OQ9'GZI^=*+)8JFFQ=\ICP>-M;92E#A#B.UFBLO,IO;;PE.R/\AJP9E/C_&>_^3RU_&Q4#.G8]DF M&<_+1.16P7$& MT!I 9Z#V_LC ;0W<=P/O0P.O-?#&[L!: Z;MX#2QU\E3PMQL8JF'HYQ M579TPM1Q;:K%^G3J_U0^2[5ZGOO4FSKGBJC%+!H,]# !NX:L3 CM$(YRH/," M,"\68)C#]09+$Q'XF@^?DJP_)+ERTT63Y=;V[E6R&$[@H01>3>!=$6AA+!I, M4&/R&N.&A&BQ?@*Z+A085H4"$25*0%%1J^>+Z&69J8.TI<[6:N3)0? M:4QKA(FY=.!Z1FA0D1D4#!0;);C,D/'50@>4BHZHEQ;4CS9@V@U;(B O %W1 M3%#H!]H!K!'4';"!>T11\7N@@*1WX'PH+DST!F6BN#113)OTRFU!_7 9,=)K M@E3%Z1<200'1[R-&!1Z)!B+#E8XB4@GY- MD,=T9<"8**%Z?A%9]"-W(#!<\2@B>3!$@>L+C<:G%W"! 3*B?%O0M:KJ'QH( MAH%>O1@*PD!++[I?-"2=@.L>(+H' ^\DP!4&X(;\X@H#[HCR;4']>"/C0\[$ MW!EO:PP4$3V[",@=N-> BQX@H@=#B<'5!=@-N<75!?PQM>L;WR9WKBZ]" CT M%QN""4)=&+#=HE!/KM/K,C)>[.N6K[0VXI3+*B6]U:ZM?("J2]'6%W2RI,CZ M2K6A3=/X3M_TL#_B8I_DI?4LI.J-Z@YF)X3DRGERKX[DH-KF;I+RG:R&@1H7 M3>_83*0XMGVQTS7G\_]02P,$% @ (FM>3;X,6%F( P HA !D !X M;"]W;W)K&ULE5AM;YLP$/XKB.\M?N$U2B(UH6B3 M-JG:M.TS39P$%7 &3M/]^QEP*9BC=;\$[#SWW)U]=_:QO/+JJ3XQ)JR7(B_K ME7T2XKQPG'IW8D5:W_(S*^4_!UX5J9##ZNC4YXJE^U:HR!V"D.\4:5;:ZV4[ M]U"ME_PB\JQD#Y557XHBK?YM6,ZO*QO;KQ,_LN-)-!/.>GE.C^PG$[_.#Y4< M.3W+/BM866>\M"IV6-EW>)%0U BTB-\9N]:#=ZMQY9'SIV;P=;^R46,1R]E. M-!2I?#RS+1VKW.1G#X_LJ>M,Y+9Q[3FFUY_B?;B]/*#FUKSP[I M)1<_^/4+4PYYMJ6\_\:>62[AC252QX[G=?MK[2ZUX(5BD:84Z4OWS,KV>57\ MKV*P %$"I!>0NM\3H$J O@FX[PJX2L UU> I <]4@Z\$?$W Z1:K7?TX%>EZ M6?&K574!=$Z;.,4+7^[OKIELM[/]3VY +6>?US[QE\YS0Z0PFPY#!IC &T/B M*03W"$<:T%M!("LV9").Q@JV4T2@F1E_2'+_,4D"D(2P)Q1<3]K*T]%Z!C"! M"Q*X+8$[(@BU#>DP08LIN]7&/M6\C8U0"8#RHPBVV ,M]@"79PA\D,"?NDR1 MYG*'\09FWD2N!HI-0 D (FXP$ZX!:' &#Q#$(($H7F41"!!!%B@[W\T<10C M!"O!""X."%!#9RAFZ@LV=Q6#Q>$.$P-G%6CHK8?0K+]P\F(*:')G*.#TQ>XG M_(7S"7L&)4"!AOY&6$?%1J@$0M&9#,9P"F,HA[T9"CBI<&!>1S"<5C@TJ"0 MR-6/$@-,HC"C0N*&<]$"IS&&\MB'*0B+0!H$BT&F$1A1M%"O;E]@FL+ >X&=(X" MKBWD$X?6#JXNY!.G-H'S MG0#YCB-][:8'M^MKH*T"C1<%T4D^3KF&MSMU+0:X/(IG;C04KD,4N"M@O8@H MT.BVB4*J^0:@(JR!8I#*#[7&Y!Z"N4BOTLZ@72I8=6R;W=K:\4LIFAT?S/8- M]1UIVBUM?H,76PS,QWAQW[7+;_1=]_X]K8Y965N/7,@FKVW%#IP+)HU'MW+? M3BS=]X.<'43S&LCWJNN:NX'@9_5%P.D_2ZS_ U!+ P04 " B:UY-TW C M,_H' N,0 &0 'AL+W=OY_"0],5KL_]Z>*SK=O9MN]D=+N>/;?OT?K$XW#[6V]6A:I[J7?<_]\U^ MNVJ[C_N'Q>%I7Z_NCH6VFX42PBVVJ_5N?G5Q?/9I?W71/+>;]:[^M)\=GK?; MU?Z_ZWK3O%[.Y?S[@\_KA\>V?["XNGA:/=1_UNU?3Y_VW:?%6RUWZVV].ZR; MW6Q?WU_./\CW'Z4(?8FCY.]U_7H8_#WK^_*E:;[V'WZ[NYR+WJ1Z4]^V?1VK M[M=+?5-O-GU5G2'_IEKG;XWV!8=_?Z_]EV/ON]Y\61WJFV;SS_JN?;RG:N&TVA^._L]OG0]ML4RV=*=O5 MM]/O]>[X^S75_[T8+J!2 ?56H&O[7 &="N@?!R;U]G^-"&>5OV\D^]M][IN^X?'MW/\OVX\#]W3ERNGP\7BI:\H M::Y/&C70>)M+EE0BWQ2+SH W*Q2RXEJ1XBIOX(8JO"ML&*WDX]E*,C,U'"Q] M+*^SP8JX @,K,,<*S+ "(XK1/FGDRBB++IH:9NB*E[6$HI\83T4,>_407L=L%?A"CRLP--)832N(, * M K# %"-VTMCAZP['=U,,VK@N,RA"@R(PJ'1XI&'&70I,'@&J\$P5#+PD&/O M5 ')\T$J8$4LZ782A<&PFE@IQO4EAH?4M"5;.G\291-:5K*T9T25FX-1) &+ M+&D(B1COD)@'TM)W9!G_D-A%)?!1:TI3'9GZ3DK-#0KV9>E!2R36>=)2D -[ M\H:PSTO@]-:5DX%ZLXLJ$'O&9+E!V.9@)"F )%<&ZR0J7SH9GS%9;A"&D@*\<0QO%.:- KSA8H+"O%%H35#&A"0: M]E>I2G'&8MXHQ!LR'_R4F#"FRLW!5%*(2J0A).*ZC6&CXO28H#%%-*)(&1.2 M:.@C4D6ON:8P132B2 GA),J:"MHP$-88#QK@@40%31U?FB!\B=!Q76X2D_*@ M54L9%S3U?64KR\!:8]_7:*U!.F5H7#CC=AHS0H,DA<2%)"HZ)4G?QV2Y09@X M&A"'Q 5-5S@^$G/.BW)C,)0T@!*)"DF4=5M7DGC@F"PW"&-) ^(XSH8U&XP: [97N*A@F/T5Q)!R3B91!D8MG>"LQ0PQB"%E5$BBB5'!8#@8E/Z4 M4<%0OY)80!P2%2Q=XRCG2GO&5+DY&$L68(G$!4O3)*VK MG1U& .K4O*Z.IH(F1$L,P&M,.>[8!G^_* MP-$$YYWV@MN&=I@ #B4X91Q/HBQJ"LUM_C@,"H<6)V4<=V!Q8B19YH_*&G'.1X>I!C [LL\Y@8?LI!C@='-,.3R63/B"HW!V/%3SG(02+N[-MC M6OB?.,CQF )^RD&.IQF*#EQRYIDSV2GG.)Z>XYR!NL=>[Z<" _3Y,R3L"726<>]$8#V%*KA% %F'+ M>R'+,55N#H9(F))K()'GIA-S_R-,!VO 3A^0TY=@3:(,+]$*Q>01$3M^!(Y/ MEN:1;C>\\UI%AN(1.WZ<1 MZQ1F240L*>-3! G'&6Q%S(D($!#(JP+YAE.5Y)K"J(A3G*U.&AE%9 M;A!S50R )W 7A 1W$>PGL@PIF*M@8DJ> 56!NXTDF"MC M&"N_\CF-M@ JP MV#L[@KG#)8#K!MIINEF0+GARS3%7N03PWT N"0EZZ*'DV>:8:U\"^' H??B[ M:MA M_6%VVSSOVGY^#9Z^7>[_H/JKXL7S:_G^1H+GR_[+ ,>KY3^J/WV3X(_5_F&] M.\R^-&W;;"_[:^3W3=/6G?'=HGH^>ZQ7=V\?-O5]V__9YY'[TP7^TX>V>;H\ M?3MA\?85B:O_ 5!+ P04 " B:UY-57^LP^D" #."P &0 'AL+W=O M;A7 MJKN/(KG>LX;*.]ZQ5G^RY:*A2C^*720[P>C&!C5U%".41PVMVG QLVM/8C'C M!U57+7L2@3PT#17_EJSFIWF(P_>%YVJW5V8A6LPZNF,_F?K5/0G]%(U9-E7# M6EGQ-A!L.P\?\/UCC$R 5?RNV$F>W0>FE1?.7\W#M\T\1(:(U6RM3 JJ+T>V M8G5M,FF.OT/2<*QI L_OW[-_L_ZDV:C\/BS#8L"T]U.J9G[ZR MH:$L#(;NO[,CJ[7AOSO87! / 3$ M8X"N?2T@&0*26RND0T#Z42&UN]6W8O?FD2JZF E^"D3_]7;4G")\G^K=7YM% MN]GV,[T]4J\>%WD9SZ*C231HEKTF/M.0;"I9^1(\*B(-,%+$$,4R]L(=AM6G MBD=?07*8(0%W(K'QR60G$CA!"B9(;8)TDB!UVN@UQ&I:JT%PB0PLD0$EG*]B MF7DEM N8/P>EUV57=!.@' 3* :#< J0IP!X"J=0X15*RRN%2K!0"10JG=>D_/1X3 IA!-L&\MX6?! M'BU!V+4>[.%F\-FY13G% JWH << ENM&H.B"66#8;G "I$C=]GM1<=Y4>5C+>>*:49TI\_.7@_7XT/-MLK<$GTO^@FS?U"\&Z;G:!SA%_\! M4$L#!!0 ( ")K7DW#-YJD>0, (<. 9 >&PO=V]R:W-H965TSB3G:(J_T?1TT MQ[+,ZK]S79C3-*3AR\#W?+>W[4 TFQRRG?ZA[<_#?>V>HK.735[JJLE-%=1Z M.PWOZ.V*JM:@(W[E^M1ME =C'MN'+YMI2-J(=*'7MG61N"?F(6OTPA2_\XW=3\,D##9ZFQT+^]V1N#G6IFBZ[V!];*PI!R\NE#)[[J]YU5U/@_\7,]R #0;L;.#F M?LN #P;\U4"\:2 & _'1&>1@(,$,4:^]2^8RL]EL4IM34/?U<,C:LJ.WTBW7 MNAWL5J?[S>6S<:-/,T7I)'IJ'0W,O&?8)2.OD:6/O#J)7 #G*!@6Q9QYYNQZ M@H5/J!C$\*Z3U9M.KL+D:+)X9\^ODL5P!P)U(#H'XLH!!]GN&=4Q52^#I%#L MPJ<$CX&KI0])D2A K7R*2T)'$B-171+1)8"NGI&7TX!"6_B( HH0 B K!!&X MEAC5$B-:0+G/8W^-*"$@DH5/":X(4.1#4J024"N?HJKGR MI=H9B1)Q2#1H6BW?V.,D3HR/Z XIV7^JV7 M)2.ME^*]ER+-ES&8;N$5L:!4,BYAQC$P%JE*898QD#NG\"\> TG".!N3B;=B MBO1BQD=+B@ROFQ/6=VF_=5]?T3[EM6[O&J" M!V/=UK_;H&^-L=J%[UZ_,-B[4^'YH=!;V]XJ=U_W1Z/^P9K#<.R+SF?/V3]0 M2P,$% @ (FM>3=FP5;.E @ 5PH !D !X;"]W;W)K&ULE59=CYLP$/PKB/<>7@P83DFD7JJJE5KIU*KMLR]Q$G2 *7:2 MZ[^O;3B4F.6:ON /9H>9M;UX<9;=LSH(H8.7NFK4,CQHW=Y'D=H<1,W5G6Q% M8][L9%=S;8;=/E)M)_C6!=55%!.2134OFW"U<'./W6HAC[HJ&_'8!>I8U[S[ M\R J>5Z&$+Y.?"OW!VTGHM6BY7OQ7>@?[6-G1M'(LBUKT:A2-D$G=LOP/=RO MH; !#O&S%&=UT0^LE28O?5LVKCT/_*]A>$ \!,1C "1O!M A@'H!4:_, M6?W -5\M.GD.NGZU6FXW!=Q3D\R-G72Y<^^,6V5F3RL6)XOH9(D&S$./B2\P M\35BC2#R$1(9 :.*&%41NWAZI2+%"2A*0!U!39Z#'.8QF$ ,NI;05!9 M4>!:$E1+@FAA.$&*$J2W9R-#"3)$0>YEH\>D%SX98X6?C2D*"-!D9G$9JH8A M=F82FJ,$^=0.)9Z='!%*&//L(*B,$8J+*5 Q!2(&/#'%Y#,YR[/"$S-% >0D M!5P-$/S\$D1//$,Q4P+@]OT&^/F%^(;S-X N#1?@[\LUAJ(SVP7P8@#T]AT' M^!D&Y!!/EGD _Y,VP'<\L;!Y78:=MEIM_U5YU^ MH&4[7..B\2ZY^@M02P,$% @ (FM>38>:-]^\ @ +@H !D !X;"]W M;W)K&ULE59M;YLP$/XKB!]0,)B71$FD)FVT29M4 M==KVV4VSC4O!7)HL'X)MGN?NN>,X;G9F_%4<*)7>6U768NX? MI&RF02 V!UH1<<<:6JL[.\8K(M66[P/1<$JVAE25012&:5"1HO87,W/VQ!"[V!ZD/@L6L(7OZ@\J?S1-7NZ"SLBTJ M6HN"U1ZGN[E_CZ9KE&B"0?PJZ%GTUIX.Y86Q5[WYNIW[H59$2[J1V@11EQ-= MT;+4EI2./]:HW_G4Q/[ZW?K:!*^">2&"KECYN]C*P]S/?6]+=^18RF=V_D)M M0(GOV>B_T1,M%5PK43XVK!3FW]LH( M;7(N$F)+B&\E8$O 'P3\*2&QA.160FH)J4,(VF29[#\0218SSLX>;PNH(;I. MT315SW>C#\WC-/?4 Q#J]+3(XG06G+0ABUFVF*B/28:0U1B".D2@!'0J(DC% M,AK1(\?!5<3#&)$Y@3P"D#@;8M: HQP.)083&AM^/."GL $,&L#& !Z(S)UL MM)C,8&J#P6$6.PD9&\(7A"2@D 00@F$#*6@@O3T5&6@@ Q0XE;=L,4D_%3A$ M$78R=AML/88EDP%LH#H'5>> ZHFC.A_Y04FH?H[JJ["!G DH9S*6@QT_RQ:3 M]_WD^ XYJE=780,Y*(0[3GB]P)<6-*CPR<1]#2!4_ST8RKG0 !&0GPO-"X'= MZQY%MQHP4- MJRJ\2]RH@MXGK:)\;P82X6W8L9:Z8?=.NZ'G/M*?1.=\A:8/[>CR8::=I+X3 MOB]JX;TPJ3ZXYK.X8TQ2)5,)\KV#&MZZ34EW4B\SM>;M!--N)&OL=!9T(^+B M'U!+ P04 " B:UY-IY94,U<" "X!P &0 'AL+W=O-*+D*^JX%Q[;W75J*5?:-TN@D#E!:^9>A(M M;\R7@Y UT^8HCX%J)6=[YU17 4$H#FI6-GZ6.MM69JDXZ:IL^%9ZZE373/Y9 M\TIJ%(TG^6'IK_!B@ZEU M<(B7DE_4:.]9*3LA7NWAZW[I(YL1KWBN+04SRYEO>%59)I/'[Y[4'V):Q_'^ MRO[9B3=B=DSQC:A^E7M=+/V9[^WY@9TJ_2PN7W@O*/*]7OTW?N:5@=M,3(Q< M5,K]>OE):5'W+":5FKUU:]FX]=+S7]U@!]([D,'!Q/[(@?8.]-TA=.*[S)S4 M3TRS+)7BXLGNWVJ9O11X04TQ^T\$8 M2"J9)@6![I0?@VV\P@2@F$_CD!M-F,8(H3NAX'[&]#94-+U\(&A:NF#T#M9< M'MW(4%XN3HV;5R/K,)96Q+VC[_!NIGUG\E@VRML);5YC]V8>A-#S-TN MS!@=#A4_:+M-S%YVLZ0[:-'VP# 9E+XM0VR^EX_A=!,?FS6V_IR^M0TN_/9K+Y["INB_E3NPK;]ST-9;8JF?:T> M9_6N"L5]WVBSGE&2N-FF6&VG5Q?]MR_5U47YW*Q7V_"EFM3/FTU1_7L=UN7K MY=1,WSY\73T^-=V'V=7%KG@,?X3FS]V7JGV;':SZZ/G23>4;V7YO7OY]?YRFG0>A76X:SH31?OS$F[">MU9:OWX M9S Z/?39-3Q^?K.^[ ??#N9;48>;"B>U\W7\O67, PH MG4Z&T?\67L*ZA7>>M'WNZ_SNY>ZZ;S8'M*A03JV!S__U\[8W7[]>7*IW0Q>^D,#9CK/89. M,*>0N8:8 V+6.G#P@I 7UZ2:"Q]N-,([X<.'1A8?&UD"(]DIY%9#4F(\6H8Q MY]X '_>1$S9@H0';&[ G$\)BTO88WV.V/>;,I-X)V'P<; E@+CEQ-];E(A52Y8M)V(IQ 4LN%Y86VE+*)I*X#@[*@9F0KCCM"GF/ M>_&P%Z]#1PDVD$$#V?B,RZ&!'(Q3<,!UKL=I4L[E2@:PG(_BL0_:.&.+4<:6 M&L69F*7;7&3()9M,$Q$DF^0 Z<9J]$6%"*&.=E]DURMIBI+4EPGE. M!!W<0G/D78003$1[S @>&T#I!PQU@W!DD]3(>(VSMQAI;XEP)]0X1 S .,V- MBT0,ZN1G0R!BL>LJ23.6H1IVEGB)\ M;+ T&J2-N?3'@BQWN9,.:5AF3!;Q!ZN>&2%[2R"L;4:+FW=JT7K54YMEJ?1'H\Y,GL8F#$NER8 _)/W)=$^9 M4>H$8&W^9+&,QM)KD/8J%0!"Z'QDY(3%BX!XJ7J1-//+=0P@9S%E(*P,!)3! MR3&3IE22*0$P:63%$*9< I3KY/:'-)627+X )E+9QQA:CC"T!*B=*9*0TRB='2^0T4%@%"*B *@4'T,E^ MS9-**8TB5H1)6BNTK05 :5M+T&.["5$)I5%GE-H81V-U(J!.J@ DH$[.6BG? M ):Z+$;46)P(B9,L_PCLO]2>8@%0[0XLC8@E8PUCI&&RW&*T93)63.L"P)@Y M,E^,A8RUD.GRC]%60\4'H$PT?1B+&2,QD^G#0*A ^@!8/'TXQHD_'%G\6$9L<0FH5G(E)< 2I^_&HQH5E M:-&@8 ZR_^#WA#'=19P!N4R*0%*+))9 E93!L6T(:ZL;&:-BB3) 9 M[2XWCK MX3;U,W579^+[M3F_,>#[W)PO]G>E/\WOKVY_+ZK'U;:>?"N;IMSTUVH/9=F$ MUO?D4QO$IU#<'U[6X:'I'GW[7.VO3/&PO=V]R:W-H965T:. DJ8 9.TKW];* 4[*/J MEX"=_]W]SMCG6]]$\]*>.9?.:UE4[<8]2UFO/*_=GWF9M7>BYI7ZYRB:,I-J MV)R\MFYX=NB,RL+#OA]Z9997[G;=S3TVV[6XR"*O^&/CM)>RS)I_"2_$;>,B M]VWB*3^=I9[PMNLZ._&?7/ZJ'QLU\D8OA[SD59N+RFGX<>/>H]4#(MJ@4_S. M^:V=O#LZE6B^),?Y'GCQJYSX,?L4L@G#<@'QJ0P8!\ MUH .!M0P\/K#)NDU>*)!H\)3WL<0& J18,L2QYL"<4!#!J M:Q%T#LAL+8P@2:^).DW5KP7&H4&;VBI&*899",A" !9FL/0:.HV" M\W6&Q5 M1.A$-8.A( RU86(C3$*M,-1"L368+)&$($D(D""#)+2BQ&I53!9;Q6*V!!.! M,)$%0Y"Y7R(K3!#[@7'"=I&U7P@FC,$P,0@3 RMCG+,DMG.FF!(#QE8AC)A/ M81H&TC" )C!HF!TG"# S/F<*R"C#Q/"V V0A(;Z1W .SSR_%+%Q(#OEPT?2M M]%!DIC>(ID0DC@V>=%!%\PVR0+-0PA&PV&3!!5BB[Q'^Q.X91+/CR\QSM8-4 MT=*Y0G A1D ECI<^$5P_$5! [8R(7:=513*W%B!#B*'0O%R\R:5;\N;4=4"M MLQ>72NJ+:3([=EGW6%_:QGR"5FG?*[V[Z5NW'UESRJO6>192M03=Q7T40G*% MZ=^I-3^K;G$<%/PH]6NDWIN^9>H'4M1#.^B-/>GV/U!+ P04 " B:UY- ML+Y#;PP" #V!0 &0 'AL+W=O(=%QP*4IH@3Y MJU6(*&Y:-T_-WH'G*>LE:5HX<$?TE&+^=P>$#9GKN9>-YZ:JI=Y >=KA"GZ" M_-4=N%JAF:5L*+2B8:W#X92YC]YVGVB\ ?QN8!"+N:.3'!E[T8MO9>:NM"$@ M4$C-@-5PACT0HHF4C=>)TYTE=>%R?F%_,ME5EB,6L&?D3U/*.G-CURGAA'LB MG]GP%:8\&]>9PG^',Q %UTZ41L&(,$^GZ(5D=&)15BA^&\>F->,P\5_*[ 7^ M5.#/!4K[?P7!5!"\%X0F_.C,1/V")E&?7V%@U-A:-Q$X06@G"SZ>, MK 31O8-D=?,_V# ?Q(RM(O$GCG+$;!9'N;%+)%:)Q.+Q]I=*[KY6>".!%M>( M J],QQ%.P?K6=+O%[MS4'GUS#=_A8T?\@7G5M,(Y,JDNL[ER)\8D*".K!Q6S M5DUX7A X23V-U)R/K6A<2-9-71;-K3[_!U!+ P04 " B:UY-J\^7':^N M #>V ( % 'AL+W-H87)E9%-T&UL[+UID]M&EBCZ^;Y?@="5 MKUD1*)K@3GEF(DJEQ7++DEHEV6]>Q_N (L$J6"#!!DB5JG_].UMFGL1&EBSW M],2;F&F+10*YG#QY]N7?RG(??-EDV_+?']WN][LG/_Q0+F^335SV\UVRA5_6 M>;&)]_!G%7>)LE^D_TP' RF/VSB=/LH.&S3OQ^2R_RPW?_[H]EB M].@__JU,_^/?]O_Q+%\>-LEV'\3;5?!\NT_W]\&K+8^9YMO _GX>E+=QD93_ M]L/^/_[M!WR9!U@$O^3;_6T)+Z^25?77JV37#T:#,!@.HGGUQ[?+?3\8+II_ M;%C+WUZGVR1XM4\VY?_;\OC[Y"8M]T4,"WX3;Y+J4Q\N/C[]Y>)-'HD# O$C+)3SWGTE<( R"9_&^ M-N_Y>30\'T4M4[U(LZ0(+N&]F[RHS?,Z+FZ2X&*Y3. I>&;%SU6A#OK_K-\*&>/7/(,;%Q=RQK7'WN1M:Q;D>I_L M\F(/BX3EQ_LZG"[?OKEZ^_K5LXL/SY\%3R]>7[RY?!Y<_?3\^0>XL!^OG@6] MQV>US+)]6OWQ5 ;6 A]9T"8AXVAXP0[#X$VRK[ZCGDNWP9:N:/:?\Q2^_Q5^/. )]][D>_AG2 L9UZ!P&9>W]-,2/R1_/Z2?XPS>E1># M:%1[Y3W,7:1+G(M>:GT08(*4MJ3QM[0,@$L",UQG21AD20D_95E^%V^720 $ M+ECEA^O]^I %L7DU7P>/HV$X&/(&'D>#<#B:X;;Q%M)WC>=GWG<3!NLBW\#? M?$:[N/$8GR7K!% .=G:+](:7GN]O@3#%A!(U4IKOX?PN&G][G<;7:9;B/#5, MXE/9Q?<,BVVR%SA.VL$H3S-*+9?% =:9N3EJ>T$6D%X?$.M*A%CR98D@!Y"F M%H'H!SJ?!)%IF6\2?. $G&I )@;&Z_8E(0U*95Y".N"9<*N3[3)UJ#H)@VD8 MS,)@'M)#B^H\* @\*7?Q,OGW1W#3RJ3XG#SZCZ".IZL$) 2$V)L<][,O\BQ# M(O)JNT_@O7T8/ >$QTMV&1?%/?YTL4%8!W^[N$;^N=S7.*P:=>N/FLJH IYI M#3P\6= #)$N7Z?ZLAA17P H $]QO>?O$$.7Z2XFNG>9PY'!%SCON\)@J1#S MQX/^8! A3A/ ,A!R\."0_,!M/@!^C0?A8$#_$_DEB _[V[Q(_Y&L@ *.PT4T M#V>S$5\H^',T#Z-H;!Y.D>"O^#(XCA'$>^ ).Q!$KN%^&/&&G@+B*M^V$%B? M&^$&>/VRWN&D<\'3*!P 51C.F2I,!^%\-,0]_'D+OEBM4H0H(/@N3E?G<&V6 M\2X%A.]B!4PZX%8!GMXFVS+]G)A;ULORLCPS2!\1QN-*HF&=5:6?TQ7P_ <' QZX2J$[_8V@3L69V?M8L)%-X-JP>N2 M\=IB=/=C-0P_Z7'&\9,>S=O%/$MS*E0E^-LO="%J!+!&?5HW67M2$Z8=_9@@ M8$'0X84>'> HH-K>:(95V]/'P?7SUX.K&0@M\_SEY'D\7+_Z /_\ MI=\/9% M\/;=\_<7'U[![\'%FV?!Y=M?WKU__M/S-U>O?GV.JM_;7YX[] \>(XWY<)L? M2@! #;U')ZNY-0+Z/OF<; \-HM OZ3;='% T:[A/;X'KQ:#X-?[X_ OH_B7^ MN,P_$\!J8\=;>!L%#I0WXQ).E*GL"E:3Y3N2H5& 2)?UE]\B\6ZF/V8S+2MJ MV&2,E'.+A"0,]O&7I P#D,R8A/&2=B"?YDTJ JTC0'V 9('JSR^3;8(J.HF% MJPU $T67/;":1LG]L 0A#BDLB[A&?*]K!CE2>9!ZFMV7Y@8-S J2R,A"\JP;H,%LQ>F]9)//0Z M 0IOV3.O[065ME\S=6 M6&C_!>0CGR>W2+CMS+]CK _QX7H3;\FB!*(!B00UJY.OL\!;.T\*+I,EX"YQ M?0#$A_Q&:Z4:+T,=795B7_3]NBR3. MD*<%-T KC'B8;YU>@68O^ OOL%.A\B8B=Z0$ ;:Q!;:H^>\LS)*/M5@YV$LT^! MK2R#)"ZV,&%)THS&$7/F@P:Q/CO@#?Z*5\EL8W$:N!D<'R)[=83J>[\EZ2.N!VZ1?\T2@X/_\[_DPBGX,KG&CI\L=ES]=O'GY'*W+P?._?GSU MX3_;A6QBJDV=J&^7K+ZUOZ+T.,9G'V>$H/=>TT4]992: M1>:YU>60#,F ;2.U*$BMS[_(BPTLVN#P19G&P7&;2.MP3^.,U"#0H;7I=-KV M7"\UR'1V]!W8.5 _X+0]>(P^G2%X&M76O[V'%0>PN;NX6-56B:9IFAY@RI1_ M=RCPJSW>YTNR-QUPOV_7@%Q&-)@W&YK^X&AABZ^(;._G<)O0S@@H!?C$1/< M0G41))M=EM\G+':L4B"Y>Z# 1F;8 73+5K;W#8=N6WT36L%5+9$4 8]R""82 MD^(D;5+#A7V$[1H/E3J<;4[5;B6JWW2.Q42<.K8)[U364/-.7?"NFOO M=/"UBZN?@A>OW_YV=;+:3.SZ19;?E<$+]$(X9>:"E*A&%X&^%80T<)3+%''& M(1LB,/Q%?AC0'_$:K(+K>ZLV&VJVGDQCFB Y%K M:7\;;\]\BZE'&EHOL^%! =EXT3]6N6&@.6_1.82N$_+\B-F]W=WSWKJA0(A< M59Q,X5$O$UYZPJ%WYHR?WCAL1#FZIP9 Z0I2'@B[VS@X&2"9F M^2#%" F\YQ]ND^"7&(0&F. *6-;/P,#E\.LL_\6!A5YM(%HEN[Q,#?^JV^=1 M$/"8RBDJ>I.97V/G"7A>\>G5/0'U.2PF?401X=6V$2..8=&+% U91[#(/^ B M^9QGG_$5X$1,1>"2 9Z1B:9^ Z_W]E";?XSO-TTF0?HQ-6+;,F_@Y%JH6RIK M.4+L!\ ?-"M\W*;L&@7P;T%*0B))]B^ ,DR+XC])2W_4?G%$KZ/[9PT9[1:' M^FO'K12--*4G:''6>,8UZQ1(O\VM(V0M[,\^KX*EH!'VB"W(FO(BEYFMRD6U36<=,2N=.ZX@>. MC9%')XQ*0EQJ+R$0.HR)21IO ],"0(>FASNW&P>ZP$;(T4YWH(8 M K?I\BTP8:##P2_I\C:]B?%.%;N\8+T$F/1>I!5T[.!S99*MSXTA.RG$C4O? M;LBS/I%]LT:,L@%IXV61'W;!ZW23(N#1 MPXXWXS;=\;(=1]4_,4F036SBWW.XP??G>*DXC,0\5QZN00E*,%SZ**D7S9 VSN83+ ]")A MZ!LT2+8WL4^1HE7V "$F$!>@6( MEFD&-"_?[!E?Y ?C,7W(X M=][CY2W#QKKWZ]>7O,-]Y71Z6D4'=?[N%BX@8C&> 7"O/8:4DL34 MA':R8#%4T1IH&G]Y97"7 .KBO85S5L=#;^'$(@ZPR\_Y0") MO\!_"(]_ <1!J(9Z)<$2=&<,H0#0DL;LY+'XID@2JU0XP* @ SSH[6&?H5!^ M>9L@ 5FG((WV83%XE#@5:Y,8782WSNT3+BNA,QV9MSG\^OJ09AQ$@L#>H+;% M!!$@"]MB0[NP:KQK\ H0S60+:',CA* (U$1RJ'SP%E<(;P4QU&Z-C 'Y@A>4> MUXO#P1GO^0<]D+FVZ/+<,TVK'L@MP&B;[X/KY.; @A*\LT8IZ3Z) ?M#%IXT M&,L:'%%&3#C*$]>CUGW8H2AS6.+>S3KAQ'PBZ$+,6FNAKZV MGB-]@7'B^UAV+.3VGKPPB%!:%C=&A2L,,P\.(!1F]!(Z$6]RVH5;:E"@W1VO MPC:GXT-5S^@Z9KL2DVB!A<2=7ELR960XX &B=)>P=%8Y"H9)A?S0^5PG":D+ M3+:JV/6]H7W55QTM!$J,5Q(T#\ ; !I/==C&AQ6QTU2$AK45&DHG-,"PAVP% MBT!^MA+)^O?#5HG6A) R5N,8+"ZR*9W#22T5E@-SF[G8;@_DI\?UX_FAV3*( M!N=_L10/41-8$[Y>B_X*A+\"U@ P!(\TLT+2$2L#30_UM)05J7R;W;,=L]C M&@H4^LGCKEXX [4'-3>4%LC!%JS1:D+AC(" !G4)H9I@839A@+XCJ;'DJTU' MO8E7#Q=%A+@UW0/83+YF3.2Q(LI3)^HIQ 957DATJ5Z<\ M!5!T/ F0*60367*#@JD9SR.>2( +,<=?Y_DG@I_ THU -(C4!#)]T5#W?9 - M[I 1")1*=Q-*-;O:AY%!CRQ^E2?,I#9)+'H'41QGP&.#!*FS,? :.VEUIT@ M->U&%TNYOJ?AR(**R,E[RJ\S4'E$$5ZKS1(W4P/?UVC9T1T1B5HES&6(W\!; MFP1NS4J!&W_ >TO,!5#Z7NC\[V1*^BRF)%_R2M!X2PH9+00N'2 64 P@;TO> MAXL*\A# K ;O_6W"!LVMW2#J3Y_A!A#<;%2#_-K[]=5SEH;@X-=!F8=-HWGW M5"19H&=(1=F+M23]ZQIEG3B[_P?NONE=8HA&/-H!PA5XD**9[.J&J-F].EDX M]']86V,0IXJP@=4$DR6A#>9'1#D0S^.0$U*,"41PDA[A(WZYDOEP)3<8PK=E M?PZATI)]$YOX$SY/DE#IBWSJBB!N 0;A8:.L1@=L\6?%USW==^ ,D]06'=R[ MB]6;X_;4P10V*"0R@0!@IC;D;5FD>+-B9&:P_I+4CB2M(6Q.-RE>KT%@1_I7 MY5GM=\&0,QB]6>>%G24>SA%)Q"'9!JISC=JM)'1Q$4[)WP_P< 8\$GG>/C98 MW6'B\,#;[%%AJMO\DXS:N*[.8T5B;=-NB#YM]3WN&I=,.5U,OA_PN+#O,C>^ MN5(+T8CSH!,#@!),!5+>N_99T;(+&DG,\G,;3LK<4S=M[,)?W HLY)8F^^5: M=!KYOM41GV[KF_>7H%Q:J9W2*OAN\YW()H*/LYF2_[Y MIE&&UJ\IELX)-]Q)XGAL,*+WR>@Z96B&0D(L".:Q@!1L$,C$![_P;7<+766Q$ MT;-F>FG>45(>(:7;;/>9D7!N:>/GI&+#$?17%V6'UQB9JER,SW2BI-\ZL^(U MB 0)&J,L=]XEY,D,'?<.*3Z\-"+U-KFSF_EA0PHPO(]@4.829W*VHH[&WP;T M\3"^(HDB^N%V@%&1!L!:;.G$011T=L#Z\2YF%42S)S!;?$>+F0SZT7=55/D- M_EC'Q8;72YX,ML%@Z%\6_R,.49_=,5;@#(CEQK9F\%+A!0WJR >?>/4Y/M3& M@WSP<16).K#FT[CW"8DE\WCY+._/G(R-[$*HJ],D%%TFTP"\>U(J\9AA3[H5LSL"S3$"/.63[=)>ECB&6@A9-NA#Y^F$E M"%EKA#!,(B^8DBUC"M!=FKK>7FVM'+R47DW!![ M]&T!<*2P;HG:J83$ZQ#?GDD#"X.?69K_RUF[\Z,?N(B[G%7ELRU9DE-=/^T(W[EP>.6TN>8DZ]=(.0]E0DE-%I=@( [7K4*+> M"3@<.PEZB0Y<8%&!N#+\2TA^/N"02%QRAJK='SE.ZHNRV1T^NVR3_1!KB3-E MB>\8R&W\>C7\D4+>Q"J]\23.E0VAH!@I8\(#X@W8*S8Z%U%@4L_S;2-!/K91 M@KX/+A*+X4Z)O,U.$TK3,V$3BJ>VR>"B)L7>JD+C+[BVXB70T6TBUD,.,/5) M=6L2),;3T]D?MFP9:A(<,/(/4U%,X,A9P%MM'54.D>FUQ#?CKG&1GU%RMQF1 MY/T"!0:(*KD185,POT"KZ214P <=QF>QN=ZP(&@-[5[@B_&NF%G8#8^2GA 0 MWH]9*1&%EJT9D5&VN&*SBB46A4UV. *BE$0+F_(.5R2O!.N0%PII*JXG&NM4 M\:X%HLCA(8,W:E]71$'@U:-V/,FW,9]<7 $)"3\JM_Z$U5$VNTMN=V_H53+H MFJ_$1>.*.NS5%G-L@IN1Y^[R9NXA#_:\2_\71[,Q(%6>$7#AQ< +) C4#W32 M58UD=:K=I&IE6;[DDAYI4>ZM^ZRZ0DM70[NV(D$;-?%>(7CR\HU*HJS>\6XB MA,23-"/2/\P%0U\.Z);HR[E1$0\>UA_C"X2@9*P5$4C[-@!D(W^<)(\ZI+S!;P-1_Z0QEB=1?11(46*N$K1*C6[1-\ M\HH8V)=1_'(VG/@:QFH>V;A[Z==W1;YF&1__>T-2P,KIL*7*'*$?60_G=;G1 MR6I"&C@9]:X34VK#I(WT S_+^)*SC*MV#W).D2V ?>4Q!P+:USA+X@ W"F>] MRXM/L!HQ#0.#*VYBS$(D=T)^(/D^MI1#?A4]9!NP1%9:/SNZS++$1@=L&0 4 MV>6%_2[OEU)MA]Z26E1;X& 4?(&.D0PD0HQL6L=+HTI09,\F)O_)5[M,-A6M0C.AG!$-VKQ,T30DC]MY*Z%',419E MG''8)BB)(^C_MQNARI'C?N1_:)J G"@*&V$0=,&"2YHS3(/ M<\Z]RM- L,&;S@%K/);9?6!2;%DE;KPF5KY66K@-O<1EOE7A2A@;UI"1:$*= M&O$*CGEHP>#<^_H,*>]?X9&<)D%;B.*<5%7[XD^_(E_^-&@/SCA]&OE#I2C3^%%0Q&$$/1&.$ X9:?_ MQROX)2_N;8&)/P//1[6M#K]NJPV;0N=)F=<\T[;P Z,*F90!ZU'DIYHF.? / M#BPT1B>3=P@0> DKX6$.6_F9C8LG%)H@4IP#C,A_PJAKID5&(I5$\WJ\$F[0L9LZXTQS[BX?^.1#2J:]5(JZ6$$K0B@;G4Q)JM6 MO)>&L3S-X3<!(W3[;I@IY[O-]9TL!9_=9NBX8WMM_>GD,/3R45> MG>L/4LN/;&1;-9VQ\^-4S[+=.D8(!"1HH6XABU$4HGB=:.(*HPAU""B6&^G&(Z;C-E#I M*PB]368:SON9HV]-)($B4#H"6!X@CC]5X09<5@%V=(:QP5B\WHJ67;2]/>&)4HL=K>$[G0-L5I MI:(!&B?#73!K-F;LO[+Y,KMO"(_\:Q]%$9$Q+YSCYAU<,"K2^%[%UN)I_P*" M-] $<^-EKO*=W@MU2JNK(_PXXXVWKNX M^G@&,.Q368'S 0STZ)NM\)&YMRQU.V80$TLM.>? 3H9!'G:FT OE#(V90_G^ MM2/&EG0AV0WQP0?%-K\S@RM#C7-[ ;*M7=*M(1XN3]@&4++#+2\%0UDUJ!D/ M*-KD=)_VQQT5C,G%U.J=X8Y]./C=)E\1%I\#*2UR(Y6P/Y!)R$JK.G"USD'% MT?;Z<_;F:GV$$Z.9D]PCU1UHZ9:Y$+H28?5>?1WKN%@W)2L;ZEZ/"Q9'F1\5 MOCK#?7I5(!LKAW1S1B]@O:]2 MV5)W$?D6JOSF"HA,#*.R,< V*[M$U&%?G#U.&,DKS_5*T!(7_VWYN4F":MD.;?O] W:UO=4LJAM$&]*:0S(E"U)"STT-A-0N M]"&II2R0B&B9-L#03^D@"ED>-D8FWE/E/V&U9;Q))"5%#,D/.I17])!99DH/\,!X3B8 ! M0G\2HN/ G:=0@ #@AE.W4K-N/F)&L-W9MS*Y?L M0/\I&/H^D "K/E:1D*%1MP&[R4O.HU6L3$V 97:* M?KD=129=9XG:X:&TV20BLOLW2M#)6C4HLX],/)+]39Z*#JF=,CS(!.<46J/' M&LK N]!TPM_!*J4D0)X7\_(IC#[#6*MXV2!4GI#=U+H6ZS\NN$1L]^[$:[*W MT*@0LW4PR)JW^;2)#$RY!5,[$-XN( MS&*VJU+'D%))%.UARWE-*1;<]Q*(O%\ 22GHC\+&5;:3P;#*Q<$(^R(%S4/V M1JP>G6A[2KBR]A1XF_N#4%J9-1NYT9QSLNHJ(\M:::\QNS0E@Y?S:4GR_)R; MG387(6@I$FTVC,=JI5140(0>3?Q 7A4)/UM+YDC[38M;.\ %O?'0H0MBD7%ST^NH"Z)SH$;U"R:/^9 MM">2+MRG>@7TX'$P&8:#Q10_1.%B.H /T60<1K.9?!K-)R \^VG>3@VP26"4 MQB6;Z45G030,1X-1$ W"Q7@>C$;PSP#[EHTGP^!!==:#.2PJ"J,Q["09S:J&W\(!*V$75.R*"B@L\?)GF5''V.WP,'+1=-)J\6:+19)NK@]% M:>MUHK)W#G4:J&I"*/>")] H M;7(P#(/75 *DZBTR$AS+)[X4O>@_]"9;9$$I!I.DEF8Y*)DN4;PQ> 5J11)O MA+XBU#C6:Z_\4^QT1(0C[GVW-3FBJ@!EM:2$5DO)^9-+CB1(&)\LX4##+4=U ML:5019(Y$HOHO4R//P=)7>@&2Q%^*X224 Q)-#F6_C)P@9P@@NI*S%ZWTF0H)8>G"'$H>)*'E( M)),]D](Y;+!$J,=+O2W;#*]E>P_CZ@WL*%4E6TVHWG'.8]((07HJ. KWWE.X MRR;RK90$1[Q-O):=$\0^,: 86A:LDT0AI]46' %3Y5,(D)727I(J_R59'AQO M@I-,N4B@9IA>A36)T,!F4C["22%8W,3JG%,9K 8 ?(W<[4V[=78/-I8CP!.6 M]\T H9?H:JH(5.5S<3C?FR2L-OP7\LJ)FQD%U2>1K-38_)R]Z58K MC=9,)N%#,B$LZN\V#@ [.WBVXSI%$9\)Z"&K^+[LR(G2K8HYP,+8[8SEGF?Z MZ*P(K4*O?5/L9,F7M-QSC0=-,&Y)[K2ZO=G#VO$ +[2&'-\;,MG9J OT[&R- M2EM-+-K!]"18K D=L!8'Y0EC1)T1+FK%"FR('BW7J2X447/O+XXQSV&5\114 MI10YA =R%U3H;U ]*5(.@EY6P%HIJ*!*\+0+2PX[6@4E,J59';RF@A>5. UR M9#B1%&ML804HD#)-T9C0%?'A<34Y@Y40]G.P$>&!Q+5UA,/Z6(3B!O$L4\6" M3+365G84;!\>9&3C-)9Z+M?W[6(@X:Z$WIYDG>L.4JMLM:D;DZN]^5Z7F1.M M[)GZIM[X1%7Q//9R1RW:!RTB^-L'K$3Z%"#[J3I22]O8AXVOG@Y^1=JWQ/87 M68R$:[W&8_U U81B)'MP_"#776:':\X\YUJ7!9!-<5%ZA^X5T&"2CPCU"XQ= MH#YH-88\X[M5F3_G^?<=\R/1>3R;*-=L+W@\FO6G+H284DG\/&@*Z[ %1.^( MV*+( AS?X?)M\.?X\Z#I*[7N42HH9N$)47T[PD[NZ&\\=? M0EK7XZ$*\N<9:5C\S48Q"Q%]>&NU;V(;JB7#3P;?=23$>X=*H/=BLJCP:N>R MV\.V?%RO9>CD6XYX]"M]PN'^3K%O5 S[,TD/EXX+,<*BFKX/7A9([7^"T[ F M#4I:,U9_9GHB^W*,D X06?BQZUR0$4V$ABMA@F+;XBKS8* Z!YI]H:096/3C MV6"@4.4T'O%]*5$@4K6!\VPD84*GC1#3;%P:1P=/1E,5M]_G2KX>H7'Y9 +> M2SB[M]O^_P/X=/,/X(MAW;(2&(8"H%3/4?'>D)02_LW1(*GAH,/92AV8+7?E M(0WGCX9L]'4-88R:8\!4\4\2"ETD.,AKP%@3#J^K'HL\3=%X^YAK_@8_@>:P MH4@0*OK*2JRX35FK4 ]?P/ Y*[@55(D442E1SD7K9KZO01\C9LT@+^_QWYN4 MJ^N3E5/MNE(>^PN'D]*%,"2."_7!&0_'6%JA2A<$GWXTM@ _LHOC"#(I2D!& M*] *I;/%>/&=*B="83YLJ8RWNDZ4*4QB(5M2]9B]+25I=@W4>GF;K Z2[8UH MAJO$ZP X-AP\0 SF(@A1(NI8E/^KD,)MU:5''C+R_N6?H?E?PVBZU.^([N% M3=2#0\]RK@KK@5T3#4 O$*TQBWR%?4#E82_ M2 ?..-?W,F$8TKJ61T =T-K3_II)L M.SLEN+$"];)QU_2>LO_DK+&45$.OV=ZU><$$'#TP)\[&5WI9VWOMZ'SR9[@B M7R0KBO0Q04R/@]YX- JP-=9P,L(_1S/^LQ>%T0 _FE=L0Z3>+(K@^]YP,,9_ MHG P6<"'^7"$IN4$E#T[_!"^&\T&P7PR"V;1T/YNQYH,8(#9%,>9\6@C_(,$ M-CM*+XI&/.&0'HD&^,\TL@^ZI47X!#S=&T[PPW@@#LO.,X3-+A93VO5DC'_- MYF/Z:S2;N(A(QA[[)P[55@6QC9*RHE*-5B=A(R[EY,LGZK@:9GMB#P16&TZG M$_(4PN>! W\4SJ,I_'3F!F0(5P#L?P*[G- M4BYNDM^Q4:@W#(>+B,]].L2#P.CPYN&FX7!(GMYP",OQ]J+;<-EEXY/SZ8C^ MG<#N&Y:JP5Q]'.'PS*;!8N< /Y^XODBA4%:_,9?90%AW+8%WI/2P<["1*0/X M2ERXX"]LVK!D"4XL1T"!*R6'*&G>A/WJVFT,.;,JD\(-[" S)6]Y$["VUAK" M;J5^*NLZQ_ 58P*DJB>6_R QO#P(*O^<7Y>8R&<>H?6@#8=V!>O)XCN)X,3< M?TF\EW8Q?,=C1^+M@A3(2O#?D^@S8&+1*4SINDTM+M/Y_T5FQ-!Z.:8F: M70/^QV?LDJPIUADN,DM^P"S]1/XF-",2US-)8@DE\MJ :KV M9RQO C=L"U0IT?I!3.HU6L3:G&FOZ'Q!U,Z3RJ6NN0&M!$%@4W>RH>N8H[M; MKL-&IK;2B\'B@'Q9?EH$G)LDP&@06+P*AP]J.R]FCE_X3NN1^$)Z(FV7G'/Z M$FS0KW8%Z!M#6DE#H3T:NE)'UO10JOG=NJH@23EDJFS2>4B)+?4'- 25[6R@+;<9$@%X=+'"ORF 2^H1*EW]+^D6#,FI2&:<$:^]XT208^/5L'M MC%.CAE5S![#%_LCA'0YW'//PJ=\P@IK.'*%;TE>VE.IL4:G$9$M&V[S >EID M-Y%@2BE!/-2\RE1D8Y>;5YA7JM,*)W+U%?RH/>"+U^),9C6\I!0A&?+(G^N]B6^H7%/D&=CV@H%3GK8 BG)+9?KN4FVQWQF8PO1P.F)! M6F?V.H3LI !4KCKYNLMG B"T95/B,CK772O1Y4P9XE76;JX5QH8LN0.$R7WP MY&1DP^AGC)$:G6.O4!F&G/&@='%#J0YRI )U'2N&T[J.2T,T-UB7X!_6PP\C M'JV1B/Q&( MA%M$T803<#W^3=8$5X3O% 1ED/O%_0RMKW F."[;@3GX1U*@77,9HV_(7R(> M!M49P7@<$('VQNFN,]?C4J]4O#@E1RN2QUC2";GR-Z.7]2G+44L\DRJ=&U(> M;9>;BAO)9T]Q_HJH^LR&_S:DTPICS46HCZ!%+9QN2EWITT[#/1 M)OALW>+@5>3H/,2!;WY:!XN)A.RJTUGX70V9QM? M.)]%X6 8T>?%?!$.HZ'TMC7!'2I#.XC@Z2F:DL:S,!H,31(BDU?N%%;8INFA M) ,9!8TO.]9P0:JMFW0]GH6#P50JOL%6IU6WXBR(A@NR&D7#*(QF(V<]6JK$ M9-V-'9Z@:JJFKA+6YY?W M7'=9SHA+JTN9979L$TR'PW \&/'GZ2 )G*K":IJ2Z'!9-Y.!X.@^DHG,^GV)JW27B"RS&=CD$)"2, M#I?-/5U,P)R8H[;Q?!!.84=C.,KY)'J0+^UQ M,)T!0D24T#, 5!DN_@P?Q7L3$@?P@*-CB&3],!FJG'0".FH/3\ MHK-6)#M%9:;8C!1MHG+6(EL>#6WH(;H,X,,B! !1)A80%2*7$7PWGXQ9?Z26 M:.)'&(W":+$(X")'L*K%(AP!V8)+$RW@'#NI-+PR6T3(!1:#6;"8A[/A#*\@ M^EW8]NU6R?$+B"& W'0UHR'>*3R+$=RNT71,GV 50/:],BY&1D,TF0"M&8TQ ML6L,,P/:$0K4?2,1,!SRR@S9.0-4>LSD!F9';\]+"03R.C^[2!\RQ@/GBD:Z MC/1CS$2;$#$!DKF8(ER!!RT6F!DV@\,$/5Y7G=[S)3 M_/!"XT$ : DE8/ES M?!-18T0?T'$QHC[BI#DTW&B[2(^!YE0CAA]IW/\!@C2 %"R M4?HY*!O7;UHMP;^0. M! !,V&DX05_EC#X-0G9+=M\\'"5:#&24Z7@JHTQFC.1PU2/$\N:K,1CR_.3^ MZ@V!W\_XPW 6G7@UAN%@/OJ3CAW'O^"P5I7EL3=A=I72N;IQS<-C%;TX)25X MOY=)WE%>R"N2[FKYQE22.B8Y4HF1C:R=FF-RBJYX9-B3YE6"SFTQ\EJ+-'\& MBD(W&I&Z%%_L'AI[%3%6^W[J_=)WMSJ:!_-;11DP8&4#:=RLWOZ.MT240;;SH(-M]JMGQ>V2#/W.'9*WI M0 H^ 9UCZM'C=D-G5)$_&L K%_N@Z=#]4%V]EVX ?^U[C&%XO9\TW6_2N!<@ MY\[F%>T.Y2U0URAK'SCW&/X'DEB=%L!SP,B&P[G2!V&\:02R_0S?%%'RL@$G MGQR1F.TBL=_ ="K!'POY E1T_F)\RC @;,)*^97Q9$H)WPO*]=??5%GPR2M$ MQ7$\Q \L$X.L-Q?M01CV26L$A64 ;%XD:M"3,41(^#RN4_LLW2UW_0U- 6R3 MZ8/MU81[I'M;J)-N@M6XR C>%+)L^P1C;1'G87Y&J>/=:;686'-/M0\W. M?;@*E/+5,"L';)0-).^;!,UO[3989"?UW]NEL,#6F]LGC&NZ%V:)%(/=:>K MGZA2/I5ML09BSPH;5PL*MY!:6S3Q2,^]F"G3,'7NV@0IB$=+LL,%T3;H^ M+\S",6 QN#C<@"IBPYHXV/ M:WF\-1;8:W+H6-# 'EZ_>OKV?;#+#J <]2,@]*$DU-GSRNZM69N:*6,=&[=P M\M[PQ X_,9Q#*MO8X*)<3Q7UYS"5C7V)E[<8U6.PU%9F4IE9IB*OZ99!C23O M@8YTH1.8>4,>SPL\/C0"/R84L-O1)N M2BX@0@. 1(UHD+I^C&5^Q#MN7T4 ^?L'5A%<<6(*QXCH%J9DEFBAT0 M493K4SF_M-0]7;EZ\^^ +7Z-Q>I;^M3Q]GRX2S* D0MAZ)5)PA$6F.S5AA=N MP92-BZ.A?C@Y M_F-\N[>&>IPM%A))[5U)3.Q03@GF2!W*]ZB:%\1Q$@#/PN M.5O5.-BG(:8V XSJUB6\R:+!L#]?T-F/^I/Q=X&NEN(ZD.'>3;:J%'Z <5XD MUX4IQ;P0>95(R(\)HL?O$.+AL7N0>:LZ$R MMJBWJI2H%#7A+',]LE>AK@J;7^]-(S5GDN;LJ6'TK/@<$WAXT$TTHXVM;2!C@J#\8?F<1]2@V.>RARV<) MUL+BP@;/31%2"OMT]=@[,+"*;./^<$;(-NXOAA@&^\K'(N+KT< 1PY$Z9G2C M8_@%E?#I8O%5:O$UC!VI\A=/:I1"BV/BO2&\W#;;UI3S^?6KO"Q_JFD!WOR,5W M)=%HO_FV0S)^@E5+AT+/= D&^C?S4H:GI I^.9) M@S:JA=8XD*4%FJ7:Q_ ZV$?A[F-U#Y%3O-B:/W8.4K&R ;H4T^3=1J3[&F&D M?Y])K>89J6 M+Y<'.++EO3G3(WF;*C&C 3V)KN)CFYSL _7[7<^/3+=*$)""L5GFS*::R/ - M4\4Q.MJ5XSQ-:.OD#^KY6DKHZ;W1^OSX,%?R!/!I,?G.> M$PO82%DJ*6[!= M=Y(J ;0=66*_]A*YP.*TF92ABP<+%A]**OVE.MYZ"^6CIA"9MO@V[9YQ76TX M7:2E9+LR%"A!(=YWD+CNSJ@/5W8UWV>%DW ZRTS7P0"V:KH2VGO0J1I_$'%. MJ:P=AF<6Q#GX4,DC:H8V7 M?4$Q?Z!TZ]94)DE?2F]S2053&KL3?MPYF1)&FQSSHUIPZ'&D%#RE.'3@DZ17 M,%U/2]<0^4C=BR[<:\<[RE$B,E;!08SC_\X40?6H3B6G3%TR$F6UI$L:']?P MT=<^=]XDE_1;P]0CQ+AAICNN#L+$74RHL796VDHVG#SBX= #$.-DM*CZZ=[X M;B)CL*SE,+4\U^%!;!N9BIZ !HZ[;WU&)Z)1OR JB(NO^E:Y9;QMWF\%@-%EO8P?@=MOMTGPFF-H\-.,G,NY)QN#(-MD*F M6'-^ZC95/WG%$93O1#6*E:[6VT3:?@B[;3MU;4IIW+ RRTEQ0US=+08RQF7= MNR3N&2.BTK-YMB)[/QD9;%M#KOIQF[@Q$E-PGX40:N-I"X&8>@*( P@>JFW> MT.->.<%5]8;,511!F>E(H#DKN8T)H9)MV@Q[O!/2JU3 WHP"#N:W:5,0]C$S M?:QD+]^#YA$/60/Q\GW''L5*@WVRHT2O2=@O\YF6S-ZJ^-A:1 MF"-PLTY^3(I[<#4-]%G&F5EW6_1 +'*^LRC2PGK*]-RT@*WM#FUFV^$V]@J\VNSW1DBVID)XYXK(F:ZE$$:\-1YVZLCK M&L$:_[NM#>L!,,<&:E9+LKD#7'0XD.)V5/. +0B%DQA:PEHJQC43%H?(!-." MA@R,U:QTS[D=?K(/]9O![91[JCGE$L_LNH^<)>&H=*=9QW9Y.>GD63"R)6 < M7MRF<*S%\O;>B);DD7Y 5!J9 $P:J"YV21E]%FBR<](\9G[1,VI/5$MEK.TZ MEE*!7+1"Q D>EHB -197)#*\8H+1MW&V-C#HOLG6[1FUUN7S4))+*JI255U2 MC:;MC]TK&(#L27JL[5AW-=+6)YNV(%T@'V1^YUZ ]I&A2X0MY';GABNPUPBUGK&^9*W\"6*#D9[XO! M=%=(V]%'&M<$SG2 VYZIJ?;CU5'#QBQ[CB:YUJU0R4LC&P'M'?2>1)L$W/;242'846X6!OWR/$>'96.# M>,1,27!B1[ TY".X-ZG^CBS3].8QIE(NM>[6@ 7]Q:9JZDB*"*Z6%V!BRO[K M!'",8>Y)$(98"BA(&0TG6#0>/[B&V\/A68-T]B\GM;<=TW]OP?V8A^M!XBU5 M.OAF8FVK$T*?%M=W#18CC(=O"[F/*V6W34FELFL6>.^W./T$_Q<&/^7;/#MD M!_@$)Y:F1D!U%86=I$)H&KN3Z&LN][Y*3-V= M]DSI^FZ?!H^ON/TB;3:4,J*+'.\?J!%_HYO_OM;C_@0UX^1<:-$]0F?QQ_Q8 MRJ#'(IVSP=CH4BU>$"G/7*> X_$4"S#FKKLX1K50P;Q>-.)Z$4-,8KQ0$,K7 MIQP4OH[OVL5[FW/K7X08+"6ICT]5^8\W%.5V@N?GUBOE4LOU\T9I6>V#B[3: M%(;]K5>CUQW:F],F?E+=F%L2QP@[%;12L =K\DYFX7PTEP*]F%I$I7>[1M0U MNESQ&XRD[HT'833E5%9,05_(L(MY.!A$\L<,TXSF4N95$CUZKP%? $4JZ=FM M!Z92NGL9O5K-[):#:]Z$7V+YY,K*;2=VK&*!.M&CZ^X\Y*_"!EM?S64$=^-$ M%$[F"_X7BT\<'0U/'J[@8H@Y[0O*)!N$LWE$^6WSX5 3LI95/Y'RRKWA@NLD MXP@3KE4S&4CC>,Z)N3#MQC#C0&X\QP /@7&7+^P?5/*AO;-GOIZ.S9)CH, LWV MAD-B#4OC&, 2*WDN^UWJ:Y5L>NFP^;$!A29^'=)]'7K5ZEHT+=#TY:5#Y5U3 M??)P3O501H !<(@?I$TFL.]]?N:22-H/\IE41#MS&0A'@8XQ)^<(9F,B0[NP M+R"T2068H=D;*U&>'= MXX3;5Y5J56$5&AU'P.DQG%_EQ\"K.Z#D;$]UEZ%;ZNDVAW.Y<0B5SEG^QPC. MA)J049 TQ@1)O C'ZW$1WKRPK:4Y')TK/,S/0BK?8$4W@ZO[?/D)]1/\R=HX M+]FBB\M]2_W@>)#%F#'9YSQ=$A+\OKJ4F&$)TSFZ.'H1_0$PJ3P+)IVJ;]F(69X\4#< M&W,P)R'27Z47B&:,6KK.'N;QB6J"-@"@)?GJW@MG$S2@"AHY M*GR(WWL3D45'AD]-+\8RV9-Y@?-!U1S7?M5(*A8JUYXBNU.)?BIO V=V7)JZ M90)>NA49G2%/S(LU_M]5S1+(,:?-EQ[ONM_::C15:0LM)T&UBPIC0''5:BG] M$K6!_OS,.2BILKWG_J(N*RU2>4LFQC$G6-W\V;5G56E13"PM3Z/CT0:ZN5OL ME1M6!V+:U\%KVHQ!YI&FGS@@SI[<]7W-G)ENSZES0Z66O"F>9;R3&S:_V?1Z MB0V&424E+B_V-^AWH$!1+-"-A %&JO=MA+D_* M2#2_?%H-EZ-K"-ZGY2?58CIX2\F%YH6K/>[\)I6TOX]D27>#^OW"#B55);$S M*DH7LJL@5L8B&R%;5HJ8Q&QPI%)3IBT"Q>13J[#DRXXW39%_^AV@BI]P_%NR M00:2UD1FHJN-=*[8(-%Q0;Y>+H32E:-(%(>H_CTV?/NDTZJP]7BR M5R)P8P)K3"R7B[!BUT;NJ6%6YBU,M2JJ0P^;"6,N'1NYEDFZ(VG#;)['-6TA MB,LA4<;R@R)VY=4\<>KSKE;HD@U-V>8,&6]>Z8_.;7(QQ\..7;_E MV]Q$?-/R^LZ49K'@&VQO[8.MY Z\7+P"1T4^\BGQ$HN7ILEL%388J[X[AVFH M:DBR20\;]@$VXTD'FCBGCBMN NR*69Z4?E2- 2C&F]/'?$3!*11&^]Q=\EDQ MUCSA!K44LB^.%,_/*IJ;(_W2JH16M08ESYV\ESK?T%O8@R"?#[GUB;)J,/-F M"1JK6D<7VV682E8KFK-F;K^2S2-W-PWH; DQJG9K\\_L4"1&<1\T-YZMNDXM MC1/LA&,8VJT03"VTN0![)<*JC$%3!-M-0 (I4/SFOKR2>G0:Y=\ MW4J?3T>.B'>;D\7%N0KY]K;8 Y>&$72NIL6?O1;Z0$$PR;$HGZ0L]A4C"S[< M[Q+5(^*-N?M2RNX*K\M['.N2\P^O "-C0K/7F/##!3/QJ1V,_EXFI9]LJNXS M>KVM^ P6.N2;8!E#C_++SX(?8*OG?+OHVJ(2& T&P7=D 1F0,2;J3\?P!5:/ M@'^H_F5_,I:/?L& KY@GFDW,+!.:9>9F&4V^V2SUO7P7_$"SN2WA-S#I^(_- M.:S..>Q'&G[P^[@_&,M'-0N9*/]%9YG\=Y]D9.$UE$D&"YIDC%^.^F/\RQ1* M&(Z[:QT]Y$*-S[@+"\PU'86#V1!+_8P8TRDJB$KJS=#*5YI"Q0G[M=%?%>G MYD@9 *X5$ R'+MK9OHK-A*_ER]-3XJ7>&[.GDMB34;/+1)+CES'I'?>F%)HJ M2V1K$3'9?= ^(BK!1>_.W+L/J:K G>5(D#BEYI$)OI7R6E9&ZZK1TU@8I5*% MYT&[AG<'\NYH0N]6SG/]A\Y39_HV5@3Z!K5L3MXO)9@](LOI)#AO+*3963WU MO%I7[M$95]O[']KT3Z5-:&OR2I:T5N+R" DC"O;L060XG8K\UUULN),+J7@T MP":@[BYY-PA%#K8!>^=F]TL/IZ5_TEK7J=<;,(&: *J]#?PUM5[PEX_]JS[@ M?+R29J@EMYXG_0LED7_F>AH2Z?LD?OPYBZ"MKT!IC N_9J"M6E1I56?J)J84 MO'54<%*UN1I+LEG:+6GVKG&7NMO;)@I!MU,MGZX:"F%8;;T@G3N7JI$\/6 Y M-[%=9[#'@^UU5#7WD$M$:ZN6*EL-V)(.SR$OU]1 @W;DJ[T M"B,IB!%!WUN ML_,"]>F?6)]^NZVD=%?Y!\='8.XGGPZ .6"<*?7FTP M2,]9%R]\WUG=K/O(!(?:(@O*^4C$VS=>4.[JI@G](+1I+8W/:*H+- .6)%4LB773V,! MV][;RU=G5!8FWZ&9B*LJ.KYF-F/H& @+E@1BBSB*\4_7:$ *Q8&:L?DT+K9L M3?ZXHYH:7*6K$D]I*B8B\>/>>EB6-:?%C%O30D%O<^_U#AZ(TEH0#4;,\ST MQKM2#@TK''P91-LK4).&EQ^?J^$C;,ON\X<0/\ELM8 M ^'IR[<^HV\&:KHA1Z66!P%8JT95Z D2XNZHCLK&;+*T(91I4G9TYL9":OVA'?P#A=^0R9C?V&6E:B$52Y*8$[4^AU M5RA55QBGR3>P[ :9&\&%D4)8F =R5Q37 KS6. .H),?G]9LB#&V5=T7=J4A< M,ZXV9?X^N/"]'Z!,>3(/BB+DCN7Z8^$#/0H(G5 ?KLLNZF[=S&K\8($M3T9>V[7J^"/L"#8X?21"^BL:1/XS,7L>3F?8D*XWG,PT M^CKTQL: ^'LX'BQ.1O P&D383G QZD#"(?>5B\(%=9I[.*+WN,7=:-B%ZQC' MWUO,\9FOQ79L0#?AID@#!-9T00@_"4<4N:UE$-9:V1K0PK5 .-%!AJ?5YNA, M-/!863V L2H/JW4UQ^7&2N8\NKZ'9IJ!HHLK_)56V#&LO?D=S:7U33D:N?*$ M>U'K\_\C=\=V;+Y4'9O9^L(]KSD7<$BMHD:+EIF"<\+D2M,\OD,30+;9="!H M*\&[QP-TL(EJ.!T-"6$154V8]_VWV/J]:_W\3K5^-H5@=4@Y]4(>GT8SFB#0 M&Q%->CA=:!@+UK(82T_2Z6A@B8&.'3\%M#(*$T1JAWEI$WZ#%XE4OK_@ZC&^ M[:)R*S!8)'E! T=2DF4"/%5LHY!Y"R-PP7]3M>P;C)<<61?[ I* M@'!58A$:,K74S#LJ!7Y)G3LH O0:GP%^*!W%9$+CN$%#D7SEAB_996.]:=;Q M%)+3Q,K'CP>J#65.=AQ_ \!O'RMO(25\J9_S[MH2^MF3P\U2CH]S.R6G7&UA M9)\A(.V+].8&DQ/$C76._J]SHYBK02C]7X*K6S"@8Y5=9<]\0M_";,ABU+1$ MEZ=NVK=H^Q/YW#)+-VR-7BG=O*@T)% 5U?Q&H5^Y-5V.'<]%EQ?9Y60

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end XML 69 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 70 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 72 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 253 394 1 false 91 0 false 6 false false R1.htm 0001000 - Document - Document and Entity Information Document Sheet http://taubman.com/role/DocumentAndEntityInformationDocument Document and Entity Information Document Cover 1 false false R2.htm 1001000 - Statement - CONSOLIDATED BALANCE SHEET Sheet http://taubman.com/role/ConsolidatedBalanceSheet CONSOLIDATED BALANCE SHEET Statements 2 false false R3.htm 1001501 - Statement - CONSOLIDATED BALANCE SHEET (Parenthetical) Sheet http://taubman.com/role/ConsolidatedBalanceSheetParenthetical CONSOLIDATED BALANCE SHEET (Parenthetical) Statements 3 false false R4.htm 1003000 - Statement - CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME Sheet http://taubman.com/role/ConsolidatedStatementOfOperationsAndComprehensiveIncome CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME Statements 4 false false R5.htm 1004000 - Statement - CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Sheet http://taubman.com/role/ConsolidatedStatementOfChangesInEquity CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Statements 5 false false R6.htm 1005000 - Statement - CONSOLIDATED STATEMENT OF CASH FLOWS Sheet http://taubman.com/role/ConsolidatedStatementOfCashFlows CONSOLIDATED STATEMENT OF CASH FLOWS Statements 6 false false R7.htm 2101100 - Disclosure - Interim Financial Statements Sheet http://taubman.com/role/InterimFinancialStatements Interim Financial Statements Notes 7 false false R8.htm 2103100 - Disclosure - Disposition, Redevelopments, and Developments Sheet http://taubman.com/role/DispositionRedevelopmentsAndDevelopments Disposition, Redevelopments, and Developments Notes 8 false false R9.htm 2104100 - Disclosure - Income Taxes Sheet http://taubman.com/role/IncomeTaxes Income Taxes Notes 9 false false R10.htm 2105100 - Disclosure - Investments in Unconsolidated Joint Ventures Sheet http://taubman.com/role/InvestmentsInUnconsolidatedJointVentures Investments in Unconsolidated Joint Ventures Notes 10 false false R11.htm 2106100 - Disclosure - Beneficial Interest in Debt and Interest Expense Sheet http://taubman.com/role/BeneficialInterestInDebtAndInterestExpense Beneficial Interest in Debt and Interest Expense Notes 11 false false R12.htm 2108100 - Disclosure - Noncontrolling Interests Sheet http://taubman.com/role/NoncontrollingInterests Noncontrolling Interests Notes 12 false false R13.htm 2109100 - Disclosure - Derivative and Hedging Activities Sheet http://taubman.com/role/DerivativeAndHedgingActivities Derivative and Hedging Activities Notes 13 false false R14.htm 2110100 - Disclosure - Share-Based Compensation Sheet http://taubman.com/role/ShareBasedCompensation Share-Based Compensation Notes 14 false false R15.htm 2111100 - Disclosure - Commitments and Contingencies Sheet http://taubman.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 15 false false R16.htm 2113100 - Disclosure - Earnings Per Share Sheet http://taubman.com/role/EarningsPerShare Earnings Per Share Notes 16 false false R17.htm 2114100 - Disclosure - Fair Value Disclosures Sheet http://taubman.com/role/FairValueDisclosures Fair Value Disclosures Notes 17 false false R18.htm 2115100 - Disclosure - Accumulated Other Comprehensive Income Sheet http://taubman.com/role/AccumulatedOtherComprehensiveIncome Accumulated Other Comprehensive Income Notes 18 false false R19.htm 2117100 - Disclosure - Cash Flow Disclosures and Non-Cash Investing and Financing Activities Sheet http://taubman.com/role/CashFlowDisclosuresAndNonCashInvestingAndFinancingActivities Cash Flow Disclosures and Non-Cash Investing and Financing Activities Notes 19 false false R20.htm 2118100 - Disclosure - New Accounting Pronouncement Sheet http://taubman.com/role/NewAccountingPronouncement New Accounting Pronouncement Notes 20 false false R21.htm 2202201 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://taubman.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://taubman.com/role/NewAccountingPronouncement 21 false false R22.htm 2301301 - Disclosure - Interim Financial Statements (Tables) Sheet http://taubman.com/role/InterimFinancialStatementsTables Interim Financial Statements (Tables) Tables http://taubman.com/role/InterimFinancialStatements 22 false false R23.htm 2304301 - Disclosure - Income Taxes (Tables) Sheet http://taubman.com/role/IncomeTaxesTables Income Taxes (Tables) Tables http://taubman.com/role/IncomeTaxes 23 false false R24.htm 2305301 - Disclosure - Investments in Unconsolidated Joint Ventures (Tables) Sheet http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesTables Investments in Unconsolidated Joint Ventures (Tables) Tables http://taubman.com/role/InvestmentsInUnconsolidatedJointVentures 24 false false R25.htm 2306301 - Disclosure - Beneficial Interest in Debt and Interest Expense (Tables) Sheet http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseTables Beneficial Interest in Debt and Interest Expense (Tables) Tables http://taubman.com/role/BeneficialInterestInDebtAndInterestExpense 25 false false R26.htm 2308301 - Disclosure - Noncontrolling Interests (Tables) Sheet http://taubman.com/role/NoncontrollingInterestsTables Noncontrolling Interests (Tables) Tables http://taubman.com/role/NoncontrollingInterests 26 false false R27.htm 2309301 - Disclosure - Derivative and Hedging Activities (Tables) Sheet http://taubman.com/role/DerivativeAndHedgingActivitiesTables Derivative and Hedging Activities (Tables) Tables http://taubman.com/role/DerivativeAndHedgingActivities 27 false false R28.htm 2310301 - Disclosure - Share-Based Compensation (Tables) Sheet http://taubman.com/role/ShareBasedCompensationTables Share-Based Compensation (Tables) Tables http://taubman.com/role/ShareBasedCompensation 28 false false R29.htm 2313302 - Disclosure - Earnings Per Share (Tables) Sheet http://taubman.com/role/EarningsPerShareTables Earnings Per Share (Tables) Tables http://taubman.com/role/EarningsPerShare 29 false false R30.htm 2314301 - Disclosure - Fair Value Disclosures (Tables) Sheet http://taubman.com/role/FairValueDisclosuresTables Fair Value Disclosures (Tables) Tables http://taubman.com/role/FairValueDisclosures 30 false false R31.htm 2315301 - Disclosure - Accumulated Other Comprehensive Income (Tables) Sheet http://taubman.com/role/AccumulatedOtherComprehensiveIncomeTables Accumulated Other Comprehensive Income (Tables) Tables http://taubman.com/role/AccumulatedOtherComprehensiveIncome 31 false false R32.htm 2317301 - Disclosure - Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Tables) Sheet http://taubman.com/role/CashFlowDisclosuresAndNonCashInvestingAndFinancingActivitiesTables Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Tables) Tables http://taubman.com/role/CashFlowDisclosuresAndNonCashInvestingAndFinancingActivities 32 false false R33.htm 2401402 - Disclosure - Interim Financial Statements (Details) Sheet http://taubman.com/role/InterimFinancialStatementsDetails Interim Financial Statements (Details) Details http://taubman.com/role/InterimFinancialStatementsTables 33 false false R34.htm 2401403 - Disclosure - Interim Financial Statements (Operating Partnership) (Details) Sheet http://taubman.com/role/InterimFinancialStatementsOperatingPartnershipDetails Interim Financial Statements (Operating Partnership) (Details) Details http://taubman.com/role/InterimFinancialStatementsTables 34 false false R35.htm 2403401 - Disclosure - Disposition, Redevelopments, and Developments (Details) Sheet http://taubman.com/role/DispositionRedevelopmentsAndDevelopmentsDetails Disposition, Redevelopments, and Developments (Details) Details http://taubman.com/role/DispositionRedevelopmentsAndDevelopments 35 false false R36.htm 2404402 - Disclosure - Income Taxes (Details) Sheet http://taubman.com/role/IncomeTaxesDetails Income Taxes (Details) Details http://taubman.com/role/IncomeTaxesTables 36 false false R37.htm 2405402 - Disclosure - Investments in Unconsolidated Joint Ventures (Details) Sheet http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesDetails Investments in Unconsolidated Joint Ventures (Details) Details http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesTables 37 false false R38.htm 2405403 - Disclosure - Investments in Unconsolidated Joint Ventures (Combined Financial Information Balance Sheet) (Details) Sheet http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesCombinedFinancialInformationBalanceSheetDetails Investments in Unconsolidated Joint Ventures (Combined Financial Information Balance Sheet) (Details) Details http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesTables 38 false false R39.htm 2405404 - Disclosure - Investments in Unconsolidated Joint Ventures (Combined Financial Information Income Statement) (Details) Sheet http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesCombinedFinancialInformationIncomeStatementDetails Investments in Unconsolidated Joint Ventures (Combined Financial Information Income Statement) (Details) Details http://taubman.com/role/InvestmentsInUnconsolidatedJointVenturesTables 39 false false R40.htm 2406402 - Disclosure - Beneficial Interest in Debt and Interest Expense (Details) Sheet http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseDetails Beneficial Interest in Debt and Interest Expense (Details) Details http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseTables 40 false false R41.htm 2406403 - Disclosure - Beneficial Interest in Debt and Interest Expense (Specific Debt Instrument Detail) (Details) Sheet http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseSpecificDebtInstrumentDetailDetails Beneficial Interest in Debt and Interest Expense (Specific Debt Instrument Detail) (Details) Details http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseTables 41 false false R42.htm 2406404 - Disclosure - Beneficial Interest in Debt and Interest Expense (Debt Covenants and Guarantees) (Details) Sheet http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseDebtCovenantsAndGuaranteesDetails Beneficial Interest in Debt and Interest Expense (Debt Covenants and Guarantees) (Details) Details http://taubman.com/role/BeneficialInterestInDebtAndInterestExpenseTables 42 false false R43.htm 2408402 - Disclosure - Noncontrolling Interests (Details) Sheet http://taubman.com/role/NoncontrollingInterestsDetails Noncontrolling Interests (Details) Details http://taubman.com/role/NoncontrollingInterestsTables 43 false false R44.htm 2409402 - Disclosure - Derivative and Hedging Activities (Interest Rate Derivatives) (Details) Sheet http://taubman.com/role/DerivativeAndHedgingActivitiesInterestRateDerivativesDetails Derivative and Hedging Activities (Interest Rate Derivatives) (Details) Details http://taubman.com/role/DerivativeAndHedgingActivitiesTables 44 false false R45.htm 2409403 - Disclosure - Derivative and Hedging Activities (Effect of Derivative Instruments on the Consolidated Statement of Operations and Comprehensive Income) (Details) Sheet http://taubman.com/role/DerivativeAndHedgingActivitiesEffectOfDerivativeInstrumentsOnConsolidatedStatementOfOperationsAndComprehensiveIncomeDetails Derivative and Hedging Activities (Effect of Derivative Instruments on the Consolidated Statement of Operations and Comprehensive Income) (Details) Details http://taubman.com/role/DerivativeAndHedgingActivitiesTables 45 false false R46.htm 2409404 - Disclosure - Derivative and Hedging Activities (Location and Fair Value of Derivative Instruments as Reported in the Consoiidated Balance Sheet) (Details) Sheet http://taubman.com/role/DerivativeAndHedgingActivitiesLocationAndFairValueOfDerivativeInstrumentsAsReportedInConsoiidatedBalanceSheetDetails Derivative and Hedging Activities (Location and Fair Value of Derivative Instruments as Reported in the Consoiidated Balance Sheet) (Details) Details http://taubman.com/role/DerivativeAndHedgingActivitiesTables 46 false false R47.htm 2410402 - Disclosure - Share-Based Compensation (Details) Sheet http://taubman.com/role/ShareBasedCompensationDetails Share-Based Compensation (Details) Details http://taubman.com/role/ShareBasedCompensationTables 47 false false R48.htm 2411401 - Disclosure - Commitments and Contingencies (Details) Sheet http://taubman.com/role/CommitmentsAndContingenciesDetails Commitments and Contingencies (Details) Details http://taubman.com/role/CommitmentsAndContingencies 48 false false R49.htm 2413403 - Disclosure - Earnings Per Share (Details) Sheet http://taubman.com/role/EarningsPerShareDetails Earnings Per Share (Details) Details http://taubman.com/role/EarningsPerShareTables 49 false false R50.htm 2414402 - Disclosure - Fair Value Disclosures (Fair Value Assets and Liabilities Measured on Recurring Basis) (Details) Sheet http://taubman.com/role/FairValueDisclosuresFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisDetails Fair Value Disclosures (Fair Value Assets and Liabilities Measured on Recurring Basis) (Details) Details http://taubman.com/role/FairValueDisclosuresTables 50 false false R51.htm 2414403 - Disclosure - Fair Value Disclosures (Details) Sheet http://taubman.com/role/FairValueDisclosuresDetails Fair Value Disclosures (Details) Details http://taubman.com/role/FairValueDisclosuresTables 51 false false R52.htm 2414404 - Disclosure - Fair Value Disclosures (Estimated Fair Value of Notes Payable) (Details) Notes http://taubman.com/role/FairValueDisclosuresEstimatedFairValueOfNotesPayableDetails Fair Value Disclosures (Estimated Fair Value of Notes Payable) (Details) Details http://taubman.com/role/FairValueDisclosuresTables 52 false false R53.htm 2415402 - Disclosure - Accumulated Other Comprehensive Income (Details) Sheet http://taubman.com/role/AccumulatedOtherComprehensiveIncomeDetails Accumulated Other Comprehensive Income (Details) Details http://taubman.com/role/AccumulatedOtherComprehensiveIncomeTables 53 false false R54.htm 2417402 - Disclosure - Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Details) Sheet http://taubman.com/role/CashFlowDisclosuresAndNonCashInvestingAndFinancingActivitiesDetails Cash Flow Disclosures and Non-Cash Investing and Financing Activities (Details) Details http://taubman.com/role/CashFlowDisclosuresAndNonCashInvestingAndFinancingActivitiesTables 54 false false R55.htm 2418402 - Disclosure - New Accounting Pronouncement (Details) Sheet http://taubman.com/role/NewAccountingPronouncementDetails New Accounting Pronouncement (Details) Details 55 false false All Reports Book All Reports tco-20180930.xml tco-20180930.xsd tco-20180930_cal.xml tco-20180930_def.xml tco-20180930_lab.xml tco-20180930_pre.xml http://xbrl.sec.gov/invest/2013-01-31 http://xbrl.sec.gov/dei/2014-01-31 http://fasb.org/us-gaap/2017-01-31 true true ZIP 74 0000890319-18-000149-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000890319-18-000149-xbrl.zip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�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end

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Ȇ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