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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Land $ 1,844,125 $ 1,837,403
Buildings 5,461,122 5,491,489
Fixtures and tenant improvements 379,965 339,129
Total real estate rental property 7,685,212 7,668,021
Less: Accumulated depreciation (1,550,066) (1,452,112)
Real estate rental property, net 6,135,146 6,215,909
Land held for development and construction in progress 581,627 743,218
Real estate held for sale, net 2,290 0
Total real estate assets, net 6,719,063 6,959,127
Investments in and advances to joint ventures 353,907 417,223
Cash and cash equivalents 41,206 19,416
Restricted cash 30,983 28,139
Accounts receivable, net 117,463 123,259
Notes receivable, net 93,905 120,330
Deferred charges, less accumulated amortization of $27,848 and $25,446, respectively 45,272 44,988
Other assets, net 67,626 55,608
Total assets 7,469,425 7,768,090
Unsecured indebtedness:    
Senior notes 2,139,718 2,043,582
Revolving credit facilities 142,421 279,865
Total unsecured indebtedness 2,282,139 2,323,447
Secured indebtedness:    
Term loan 500,000 600,000
Mortgage and other secured indebtedness 1,322,445 1,378,553
Total secured indebtedness 1,822,445 1,978,553
Total indebtedness 4,104,584 4,302,000
Accounts payable and other liabilities 257,821 223,074
Dividends payable 29,128 12,092
Equity derivative liability - affiliate 0 96,237
Total liabilities 4,391,533 4,633,403
Commitments and contingencies (Note 9)      
DDR Equity:    
Preferred shares (Note 10) 375,000 555,000
Common shares, with par value, $0.10 stated value; 500,000,000 shares authorized;277,114,784 and 256,267,750 shares issued at December 31, 2011 and 2010, respectively 27,711 25,627
Paid-in capital 4,138,812 3,868,990
Accumulated distributions in excess of net income (1,493,353) (1,378,341)
Deferred compensation obligation 13,934 14,318
Accumulated other comprehensive income (1,403) 25,646
Less: Common shares in treasury at cost: 833,934 and 712,310 shares at December 31, 2011 and 2010, respectively (15,017) (14,638)
Total DDR shareholders' equity 3,045,684 3,096,602
Non-controlling interests 32,208 38,085
Total equity 3,077,892 3,134,687
Total liabilities and equity $ 7,469,425 $ 7,768,090