Segment Information (Tables)

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Company's Reportable Segments

The tables below present information about the Company’s reportable operating segments and reflect the impact of discontinued operations in 2014 (Note 12) (in thousands):

	Three Months Ended September 30, 2015
	Shopping Centers			Loan Investments			Other			Total
Total revenues	$	257,109		$	26					$	257,135
Rental operation expenses		(73,280	)		(68	)					(73,348	)
Net operating income (loss)		183,829			(42	)					183,787
Depreciation and amortization		(97,155	)								(97,155	)
Interest income					7,331						7,331
Other income (expense), net							$	(240	)		(240	)
Unallocated expenses(A)								(76,341	)		(76,341	)
Equity in net income of joint ventures		648									648
Income from continuing operations										$	18,030

	Three Months Ended September 30, 2014
	Shopping Centers			Loan Investments		Other			Total
Total revenues	$	245,319		$	36				$	245,355
Rental operation expenses		(71,385	)		—					(71,385	)
Net operating income		173,934			36					173,970
Impairment charges		(1,448	)							(1,448	)
Depreciation and amortization		(97,270	)							(97,270	)
Interest income					2,652					2,652
Other income (expense), net						$	(2,758	)		(2,758	)
Unallocated expenses(A)							(76,100	)		(76,100	)
Equity in net income of joint ventures		3,620								3,620
Gain on sale and change in control of interests, net		3,984								3,984
Income from continuing operations									$	6,650

	Nine Months Ended September 30, 2015
	Shopping Centers			Loan Investments			Other			Total
Total revenues	$	773,162		$	121					$	773,283
Rental operation expenses		(223,425	)		(104	)					(223,529	)
Net operating income		549,737			17						549,754
Impairment charges		(279,021	)								(279,021	)
Depreciation and amortization		(299,470	)								(299,470	)
Interest income					21,703						21,703
Other income (expense), net							$	(1,300	)		(1,300	)
Unallocated expenses(A)								(243,987	)		(243,987	)
Equity in net income of joint ventures		2,351									2,351
Gain on sale and change in control of interests, net		7,772									7,772
Loss from continuing operations										$	(242,198	)
As of September 30, 2015:
Total gross real estate assets	$	10,155,375								$	10,155,375
Notes receivable, net(B)				$	357,648		$	(310,218	)	$	47,430

	Nine Months Ended September 30, 2014
	Shopping Centers			Loan Investments			Other			Total
Total revenues	$	728,743		$	164					$	728,907
Rental operation expenses		(210,973	)		(51	)					(211,024	)
Net operating income		517,770			113						517,883
Impairment charges		(18,119	)								(18,119	)
Depreciation and amortization		(296,093	)								(296,093	)
Interest income					8,938						8,938
Other income (expense), net							$	(11,041	)		(11,041	)
Unallocated expenses(A)								(236,097	)		(236,097	)
Equity in net income of joint ventures		9,755						486			10,241
Impairment of joint venture investments		(9,100	)								(9,100	)
Gain on sale and change in control of interests, net		87,814									87,814
Income from continuing operations										$	54,426
As of September 30, 2014:
Total gross real estate assets	$	10,496,860								$	10,496,860
Notes receivable, net(B)				$	91,455		$	(33,810	)	$	57,645

(A) Unallocated expenses consist of General and Administrative expenses, Interest Expense and Tax Expense/Benefit as listed in the consolidated statements of operations.  

(B) Amount includes loans to affiliates classified in Investments in and Advances to Joint Ventures on the consolidated balance sheets.