Interest and Other Investment Income (Loss), Net (Tables)

12 Months Ended

Dec. 31, 2012

Interest And Other Investment Loss Income Net Tables [Abstract]

Schedule Of Interest And Other Investment Income Net [Text Block]

(Amounts in thousands)		For the Year Ended December 31,
		2012		2011		2010
Non-cash impairment loss on J.C. Penney owned shares		$	(224,937)	$	-	$	-
(Loss) income from the mark-to-market of J.C. Penney derivative position			(75,815)		12,984		130,153
Interest on mortgage and mezzanine loans			13,861		14,023		10,319
Dividends and interest on marketable securities			11,979		29,587		25,772
Mark-to-market of investments in our deferred compensation plan (1)			6,809		1,658		8,049
Mezzanine loans loss reversal and net gain on disposition			-		82,744		53,100
Other, net			7,158		7,788		7,874
		$	(260,945)	$	148,784	$	235,267
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(1)	This income is entirely offset by the expense resulting from the mark-to-market of the deferred compensation plan liability, which is included in "general and administrative" expense.