Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2011

Earnings Per Share (Tables) [Abstract]

Reconciliation of net income loss from continuing operations and number of common shares used in computations of "Basic" EPS and "Diluted" EPS

	Three-Month Periods						Six-Month Periods
	Ended June 30,						Ended June 30,
	2011			2010			2011			2010
Basic Earnings:
Continuing Operations:
(Loss) income from continuing operations	$	(6,455	)	$	(55,330	)	$	31,293		$	(74,292	)
Plus: Gain (loss) on disposition of real estate		2,310			592			1,449			(83	)
Plus: (Loss) income attributable to non-controlling interests		(114	)		12,296			(181	)		12,194
(Loss) income from continuing operations attributable to DDR		(4,259	)		(42,442	)		32,561			(62,181	)
Write-off of original preferred share issuance costs		(6,402	)		—			(6,402	)		—
Preferred dividends		(7,085	)		(10,567	)		(17,653	)		(21,134	)
Basic — (Loss) income from continuing operations attributable to DDR common shareholders		(17,746	)		(53,009	)		8,506			(83,315	)
Less: Earnings attributable to unvested shares and operating partnership units		(93	)		(31	)		(203	)		(62	)
Basic — (Loss) income from continuing operations	$	(17,839	)	$	(53,040	)	$	8,303		$	(83,377	)
Discontinued Operations:
Loss from discontinued operations		(9,124	)		(66,428	)		(10,632	)		(73,375	)
Plus: Loss attributable to non-controlling interests		—			22,295			—			24,734
Basic — Loss from discontinued operations		(9,124	)		(44,133	)		(10,632	)		(48,641	)
Basic — Net loss attributable to DDR common shareholders after allocation to participating securities	$	(26,963	)	$	(97,173	)	$	(2,329	)	$	(132,018	)
Diluted Earnings:
Continuing Operations:
Basic — Net (loss) income attributable to DDR common shareholders	$	(17,746	)	$	(53,009	)	$	8,506		$	(83,315	)
Less: Earnings attributable to unvested shares and operating partnership units		(93	)		(31	)		(203	)		(62	)
Less: Fair value adjustment for Otto Family warrants		—			(21,527	)		(21,926	)		—
Diluted — Loss from continuing operations		(17,839	)		(74,567	)		(13,623	)		(83,377	)
Discontinued Operations:
Basic — Loss from discontinued operations		(9,124	)		(44,133	)		(10,632	)		(48,641	)
Diluted—Net loss attributable to DDR common shareholders after allocation to participating securities	$	(26,963	)	$	(118,700	)	$	(24,255	)	$	(132,018	)
Number of Shares:
Basic — Average shares outstanding		274,299			248,533			265,094			237,892
Effect of dilutive securities:
Warrants		—			5,006			2,406			—
Value sharing equity program		—			—			1,111			—
Stock options		—			—			555			—
Forward equity agreement		—			—			12			—
Diluted — Average shares outstanding		274,299			253,539			269,178			237,892
Basic Earnings Per Share:
(Loss) income from continuing operations attributable to DDR common shareholders	$	(0.07	)	$	(0.21	)	$	0.03		$	(0.35	)
Loss from discontinued operations attributable to DDR common shareholders		(0.03	)		(0.18	)		(0.04	)		(0.20	)
Net loss attributable to DDR common shareholders	$	(0.10	)	$	(0.39	)	$	(0.01	)	$	(0.55	)
Dilutive Earnings Per Share:
Loss from continuing operations attributable to DDR common shareholders	$	(0.07	)	$	(0.30	)	$	(0.05	)	$	(0.35	)
Loss from discontinued operations attributable to DDR common shareholders		(0.03	)		(0.17	)		(0.04	)		(0.20	)
Net loss attributable to DDR common shareholders	$	(0.10	)	$	(0.47	)	$	(0.09	)	$	(0.55	)