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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues from operations:    
Minimum rents$ 131,457$ 129,120$ 393,146$ 388,393
Percentage and overage rents1,1108953,8123,319
Recoveries from tenants42,58643,331131,898130,038
Fee and other income21,29519,64661,23661,764
Total revenue from operations196,448192,992590,092583,514
Rental operation expenses:    
Operating and maintenance34,02732,473106,937100,277
Real estate taxes26,46528,74779,21779,956
Impairment charges51,245 68,45759,277
General and administrative17,95420,18065,31062,546
Depreciation and amortization56,24953,052166,496159,705
Total rental operation expenses185,940134,452486,417461,761
Other income (expense):    
Interest income2,4591,6147,6754,425
Interest expense(58,169)(52,014)(175,218)(161,488)
(Loss) gain on debt retirement, net(134)333(134)333
Loss on equity derivative instruments (11,278)21,926(14,618)
Other income (expense), net182(3,874)(4,825)(18,357)
Total other income (expense)(55,662)(65,219)(150,576)(189,705)
Loss before earnings from equity method investments and other items(45,154)(6,679)(46,901)(67,952)
Equity in net loss of joint ventures(2,590)(4,801)15,951(3,777)
Impairment of joint venture investments  (1,671) 
Gain on change in control of interests  22,710 
Loss before tax (expense) benefit of taxable REIT subsidiaries and state franchise and income taxes(47,744)(11,480)(9,911)(71,729)
Tax (expense) benefit of taxable REIT subsidiaries and state franchise and income taxes(299)(1,118)(1,041)1,527
Loss from continuing operations(48,043)(12,598)(10,952)(70,202)
Loss from discontinued operations(5,226)(3,307)(21,656)(93,371)
Loss before gain on disposition of real estate(53,269)(15,905)(32,608)(163,573)
Gain on disposition of real estate, net of tax6,5871458,03661
Net loss(46,682)(15,760)(24,572)(163,512)
Non-controlling interests3,6931,4503,51238,380
Net loss attributable to DDR(42,989)(14,310)(21,060)(125,132)
Write-off of original preferred share issuance costs  (6,402) 
Preferred dividends(6,967)(10,567)(24,620)(31,702)
Net loss attributable to DDR common shareholders$ (49,956)$ (24,877)$ (52,082)$ (156,834)
Basic earnings per share data:    
Loss from continuing operations attributable to DDR common shareholders$ (0.16)$ (0.09)$ (0.12)$ (0.37)
Loss from discontinued operations attributable to DDR common shareholders$ (0.02)$ (0.01)$ (0.08)$ (0.28)
Net loss attributable to DDR common shareholders$ (0.18)$ (0.10)$ (0.20)$ (0.65)
Diluted earnings per share data:    
Loss from continuing operations attributable to DDR common shareholders$ (0.16)$ (0.09)$ (0.12)$ (0.37)
Loss from discontinued operations attributable to DDR common shareholders$ (0.02)$ (0.01)$ (0.08)$ (0.28)
Net loss attributable to DDR common shareholders$ (0.18)$ (0.10)$ (0.20)$ (0.65)