XML 46 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments in and Advances To Joint Ventures (Details 1) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Condensed Combined Statements of Operations    
Revenues from operations $ 195,371 $ 192,271
Operating expenses 73,419 64,556
Impairment charges 13,517 3,856
Depreciation and amortization 60,306 53,122
Interest expense 56,746 57,298
(Loss) income from continuing operations (11,966) 37,325
Discontinued operations:    
Loss on disposition of real estate, net of tax 70 244
Gain (loss) on disposition of real estate, net of tax 665 (861)
Non-controlling interests (176) (67)
Net Income (loss) attributable to unconsolidated joint ventures (15,057) 35,312
Unconsolidated Joint Ventures [Member]
   
Condensed Combined Statements of Operations    
Revenues from operations 169,932 168,561
Operating expenses 57,320 58,428
Impairment charges 1,347  
Depreciation and amortization 42,910 47,323
Interest expense 58,182 57,051
Total expenses 159,759 162,802
Income before tax expense and discontinued operations 10,173 5,759
Income tax expense (primarily Sonae Sierra Brasil), net (6,029) (6,144)
(Loss) income from continuing operations 4,144 (385)
Discontinued operations:    
Income (loss) from discontinued operations 126 (306)
Loss on disposition of real estate, net of tax (139) (863)
Income (loss) before gain on disposition of real estate 4,131 (1,554)
Gain (loss) on disposition of real estate, net of tax 13,852  
Net income (loss) 17,983 (1,554)
Non-controlling interests (8,934) (2,375)
Net Income (loss) attributable to unconsolidated joint ventures 9,049 (3,929)
Company's share of equity in net income of joint ventures $ 10,180 $ 3,899