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Earnings and Dividends Per Share (Tables)
12 Months Ended
Dec. 31, 2011
Earnings and Dividends Per Share [Abstract]  
Reconciliation of net income loss from continuing operations and number of common shares used in computations of "Basic" EPS and "Diluted" EPS

                         
    For the Year Ended December 31,  
    2011     2010     2009  

Basic Earnings:

                       

Continuing Operations:

                       

Loss from continuing operations

  $ (7,515   $ (161,385   $ (224,537

Plus: Gain on disposition of real estate

    7,079       1,318       9,127  

Plus: Income (loss) attributable to non-controlling interests

    3,543       12,071       (711
   

 

 

   

 

 

   

 

 

 

Income (loss) from continuing operations attributable to DDR

    3,107       (147,996     (216,121

Write-off of preferred share original issuance costs

    (6,402            

Preferred dividends

    (31,587     (42,269     (42,269
   

 

 

   

 

 

   

 

 

 

Basic — Loss from continuing operations attributable to DDR common shareholders

    (34,882     (190,265     (258,390

Less: Earnings attributable to unvested shares and operating partnership units

    (488     (155     (259
   

 

 

   

 

 

   

 

 

 

Basic — Loss from continuing operations

  $ (35,370   $ (190,420   $ (258,649

Discontinued Operations:

                       

Loss from discontinued operations

    (18,961 )     (87,654     (188,230

Plus: Income attributable to non-controlling interests

          26,292       47,758  
   

 

 

   

 

 

   

 

 

 

Basic — Loss from discontinued operations

    (18,961 )     (61,362     (140,472
   

 

 

   

 

 

   

 

 

 

Basic Net loss attributable to DDR common shareholders after allocation to participating securities

  $ (54,331   $ (251,782   $ (399,121
   

 

 

   

 

 

   

 

 

 

Diluted Earnings:

                       

Continuing Operations:

                       

Basic Loss from continuing operations attributable to DDR common shareholders

  $ (34,882   $ (190,265   $ (258,390

Less: Fair value of Otto Family warrants

    (21,926            

Less: Earnings attributable to unvested shares and operating partnership units

    (488     (155     (259
   

 

 

   

 

 

   

 

 

 

Diluted — Loss from continuing operations

  $ (57,296   $ (190,420   $ (258,649
       

Discontinued Operations:

                       

Basic — Loss from discontinued operations

    (18,961 )     (61,362     (140,472
   

 

 

   

 

 

   

 

 

 

Diluted — Net loss attributable to DDR common shareholders after allocation to participating securities

  $ (76,257   $ (251,782   $ (399,121
   

 

 

   

 

 

   

 

 

 

Number of Shares:

                       

Basic — Average shares outstanding

    270,278       244,712       158,816  
   

 

 

   

 

 

   

 

 

 

Effective of dilutive securities Warrants

    1,194              
   

 

 

   

 

 

   

 

 

 

Diluted — Average shares outstanding

    271,472       244,712       158,816  
   

 

 

   

 

 

   

 

 

 

Basic Earnings Per Share:

                       

Loss from continuing operations attributable to DDR common shareholders

  $ (0.13   $ (0.78   $ (1.63

Loss from discontinued operations attributable to DDR common shareholders

    (0.07 )     (0.25     (0.88
   

 

 

   

 

 

   

 

 

 

Net loss attributable to DDR common shareholders

  $ (0.20   $ (1.03   $ (2.51
   

 

 

   

 

 

   

 

 

 

Dilutive Earnings Per Share:

                       

Loss from continuing operations attributable to DDR common shareholders

  $ (0.21   $ (0.78   $ (1.63

Loss from discontinued operations attributable to DDR common shareholders

    (0.07 )     (0.25     (0.88
   

 

 

   

 

 

   

 

 

 

Net loss attributable to DDR common shareholders

  $ (0.28   $ (1.03   $ (2.51