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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.

No definition available.

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Business Interruption Insurance Proceeds Received

No definition available.

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- References

No definition available.

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- References

No definition available.

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Represents the fair value of the written option defined by the Cash Tender Agreement.

No definition available.

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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.

No definition available.

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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.

No definition available.

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Description of basis for conversion of convertible common stock.

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Specific terms relevant to convertibility. Includes class of preferred stock and number of shares convertible into, exercise (or conversion) price or rates, dates relevant to conversion timing and events relevant to conversion. Describe also any beneficial conversion features. where convertible preferred stock with a nondetachable conversion feature is in-the-money at commitment date. For contingently convertible preferred stock, discuss the circumstances of the contingency, including the events or changes in circumstance that would cause the contingency to be met and any of the significant features necessary to understand the conversion rights and the timing of those rights. Include also an events or changes in circumstance, if any, that could adjust or change the contingency, conversion price, or number of shares, including significant terms of those changes.

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Price of a single share of a number of saleable stocks of a company.

No definition available.