XML 72 R50.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Segment Reporting Information [Line Items]          
Revenues $ 262,437 $ 251,844 $ 528,414 $ 498,313  
Property operating expenses (70,883) [1] (71,736) [2] (149,694) [2] (143,687) [2]  
Interest expense (57,205) (61,400) (117,033) (121,231)  
Other expense (8,190) (6,559) (14,846) (13,317)  
Gain on sales of real estate assets 457 0 1,000 94  
Segment profit (loss) 126,616 112,149 247,841 220,172  
Depreciation and amortization expense (70,515) (67,156) (142,070) (129,414)  
General and administrative expense (12,875) (11,993) (26,299) (25,793)  
Interest and other income 661 1,295 1,388 2,370  
Loss on extinguishment of debt (9,108) 0 (9,108) 0  
Equity in earnings of unconsolidated affiliates (2,729) (2,073) (5,348) (3,339)  
Loss on impairment (21,038) 0 (21,038) 0  
Gain on investments 2,400 0 2,400 0  
Income tax (provision) benefit (757) (267) (583) (39)  
Income (loss) from continuing operations 18,113 36,101 57,879 70,635  
Total assets 7,034,643 6,913,611 7,034,643 6,913,611 7,089,736
Payments for Capital Improvements 134,798 [3] 118,556 [3] 196,607 [3] 154,044 [3]  
Malls [Member]
         
Segment Reporting Information [Line Items]          
Revenues 225,741 227,579 464,352 448,892  
Property operating expenses (71,038) [1] (71,539) [2] (152,004) [2] (145,934) [2]  
Interest expense (51,459) (54,830) (104,396) (107,358)  
Other expense 0 0 0 0  
Gain on sales of real estate assets 0   295 0  
Segment profit (loss) 103,244 101,210 208,247 195,600  
Total assets 6,021,614 6,228,312 6,021,614 6,228,312  
Payments for Capital Improvements 82,610 [3] 98,694 [3] 102,167 [3] 121,272 [3]  
Associated Centers [Member]
         
Segment Reporting Information [Line Items]          
Revenues 11,348 10,600 22,431 20,841  
Property operating expenses (2,634) [1] (2,598) [2] (5,431) [2] (5,126) [2]  
Interest expense (2,047) (2,115) (4,093) (4,310)  
Other expense 0 0 0 0  
Gain on sales of real estate assets 0   0 0  
Segment profit (loss) 6,667 5,887 12,907 11,405  
Total assets 290,856 303,899 290,856 303,899  
Payments for Capital Improvements 6,460 [3] 1,940 [3] 7,466 [3] 3,480 [3]  
Community Centers [Member]
         
Segment Reporting Information [Line Items]          
Revenues 4,226 2,715 7,885 5,543  
Property operating expenses (883) [1] (1,702) [2] (1,417) [2] (2,502) [2]  
Interest expense (544) (629) (1,121) (1,298)  
Other expense 0 0 0 0  
Gain on sales of real estate assets 0   0 97  
Segment profit (loss) 2,799 384 5,347 1,840  
Total assets 243,642 240,850 243,642 240,850  
Payments for Capital Improvements 1,414 [3] 3,042 [3] 2,598 [3] 10,706 [3]  
All Other [Member]
         
Segment Reporting Information [Line Items]          
Revenues 21,122 [2] 10,950 [1] 33,746 [1] 23,037 [1]  
Property operating expenses 3,672 [1],[2] 4,103 [1],[2] 9,158 [1],[2] 9,875 [1],[2]  
Interest expense (3,155) [2] (3,826) [1] (7,423) [1] (8,265) [1]  
Other expense (8,190) [2] (6,559) [1] (14,846) [1] (13,317) [1]  
Gain on sales of real estate assets 457 [2]   705 [1] (3) [1]  
Segment profit (loss) 13,906 [2] 4,668 [1] 21,340 [1] 11,327 [1]  
Total assets 478,531 [1] 140,550 [1] 478,531 [1] 140,550 [1]  
Payments for Capital Improvements $ 44,314 [2],[3] $ 14,880 [1],[3] $ 84,376 [1],[3] $ 18,586 [1],[3]  
[1] (1) The All Other category includes mortgage and other notes receivable, office buildings, the Management Company and the Company’s subsidiary that provides security and maintenance services.
[2] (2) Property operating expenses include property operating, real estate taxes and maintenance and repairs.
[3] (3) Amounts include acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.