Investments in Unconsolidated Real Estate Joint Ventures (Tables)

9 Months Ended

Sep. 30, 2011

Investments In Unconsolidated Real Estate Joint Ventures [Abstract]

Schedule of Equity Method Investments [Table Text Block]

At September 30, 2011, we were members of the following unconsolidated real estate joint ventures:



Joint Venture	Center Location	Ownership %		Square Feet	Carrying Value of Investment (in millions)			Total Joint Venture Debt (in millions)
Deer Park ⁽¹⁾	Deer Park, Long Island, New York	33.3	%	683,033	$	(0.1	)	$	269.3
Wisconsin Dells	Wisconsin Dells, Wisconsin	50.0	%	265,061	$	4.2		$	24.3
Galveston/Houston	Texas City, Texas	50.0	%	—	$	4.0		$	—
RioCan Canada	Various	50.0	%	—	$	1.3		$	—

(1) Includes a 29,253 square foot warehouse adjacent to the shopping center with a mortgage note of approximately $2.3 million.

Schedule of Management, Leasing, and Marketing Fees Paid By Unconsolidated JVs [Table Text Block]

The following management, leasing and marketing fees were earned from services provided to Wisconsin Dells and Deer Park for the three and nine months ended September 30, 2011 and 2010, respectively (in thousands):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Fee:
Management and leasing	$	716	$	464	$	1,689	$	1,399
Marketing	37		39		125		119
Total Fees	$	753	$	503	$	1,814	$	1,518

Summary Financial Information of Unconsolidated JVs Balance Sheet [Table Text Block]

Condensed combined summary financial information of unconsolidated joint ventures accounted for using the equity method is as follows (in thousands)

Summary Financial Information Of Unconsolidated JVs Statements of Operations [Table Text Block]



Summary Balance Sheets - Unconsolidated Joint Ventures	As of September 30, 2011		As of December 31, 2010
Assets
Investment properties at cost, net	$	289,318	$	283,902
Cash and cash equivalents	16,141		13,838
Deferred lease costs, net	2,840		2,563
Deferred debt origination costs, net	724		1,427
Prepaids and other assets	9,969		6,291
Total assets	$	318,992	$	308,021
Liabilities and Owners' Equity
Mortgages payable	$	293,534	$	294,034
Construction trade payables	4,958		341
Accounts payable and other liabilities	5,378		4,810
Total liabilities	303,870		299,185
Owners' equity	15,122		8,836
Total liabilities and owners' equity	$	318,992	$	308,021