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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues from operations:        
Minimum rents $ 133,182 $ 131,744 $ 266,125 $ 264,232
Percentage and overage rents 871 593 2,866 2,612
Recoveries from tenants 44,362 41,936 90,573 88,003
Fee and other income 20,080 22,327 40,114 42,284
Total revenue from operations 198,495 196,600 399,678 397,131
Rental operation expenses:        
Operating and maintenance 36,746 35,601 74,476 69,669
Real estate taxes 27,091 25,048 53,698 52,170
Impairment charges 18,352 74,967 22,208 74,967
General and administrative 17,979 19,090 47,357 42,366
Depreciation and amortization 56,750 54,561 112,235 109,128
Total rental operation expenses 156,918 209,267 309,974 348,300
Other income (expense):        
Interest income 2,417 1,525 5,213 2,858
Interest expense (59,579) (56,190) (119,363) (111,797)
Loss on debt retirement, net   (1,090)    
Gain (loss) on equity derivative instruments   21,527 21,926 (3,340)
Other expense, net (6,347) (11,428) (5,006) (14,481)
Total other income (expense) (63,509) (45,656) (97,230) (126,760)
Loss before earnings from equity method investments and other items (21,932) (58,323) (7,526) (77,929)
Equity in net income (loss) of joint ventures 16,567 (623) 18,541 1,023
Impairment of joint venture investments (1,636)   (1,671)  
Gain on change in control of interests 981   22,710  
Income (loss) before tax (expense) benefit of taxable REIT subsidiaries and state franchise and income taxes (6,020) (58,946) 32,054 (76,906)
Tax (expense) benefit of taxable REIT subsidiaries and state franchise and income taxes (435) 3,616 (761) 2,614
Income (loss) from continuing operations (6,455) (55,330) 31,293 (74,292)
Loss from discontinued operations (9,124) (66,428) (10,632) (73,375)
Income (loss) before gain (loss) on disposition of real estate (15,579) (121,758) 20,661 (147,667)
Gain (loss) on disposition of real estate, net of tax 2,310 592 1,449 (83)
Net income (loss) (13,269) (121,166) 22,110 (147,750)
Non-controlling interests (114) 34,591 (181) 36,928
Net income (loss) attributable to DDR (13,383) (86,575) 21,929 (110,822)
Write-off of original preferred share issuance costs (6,402)   (6,402)  
Preferred dividends (7,085) (10,567) (17,653) (21,134)
Net loss attributable to DDR common shareholders $ (26,870) $ (97,142) $ (2,126) $ (131,956)
Basic earnings per share data:        
Income (loss) 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)
Diluted earnings per share data:        
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)