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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Information on Reportable Segments
Information on the Company’s reportable segments is presented as follows:
Three Months Ended September 30, 2015
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
234,095

 
$
9,693

 
$
5,231

 
$
13,616

 
$
262,636

Property operating expenses (2)
 
(69,690
)
 
(2,260
)
 
(1,114
)
 
1,145

 
(71,918
)
Interest expense
 
(39,707
)
 
(1,732
)
 
(1,003
)
 
(14,008
)
 
(56,451
)
Other expense
 
—

 
—

 
—

 
(8,787
)
 
(8,787
)
Gain on sales of real estate assets
 
—

 
2,769

 
—

 
468

 
3,237

Segment profit (loss)
 
$
124,698

 
$
8,470

 
$
3,114

 
$
(7,566
)
 
128,717

Depreciation and amortization expense
 
 
 
 
 
 
 
 
 
(74,045
)
General and administrative expense
 
 
 
 
 
 
 
 
 
(12,995
)
Interest and other income
 
 
 
 
 
 
 
 
 
579

Loss on impairment
 
 
 
 
 
 
 
 
 
(884
)
Equity in earnings of unconsolidated affiliates
 
 
 
 
 
 
 
 
 
3,508

Income tax provision
 
 
 
 
 
 
 
 
 
(448
)
Income from continuing operations
 
 
 
 
 
 
 
 
 
$
44,432

Capital expenditures (3)
 
$
66,311

 
$
1,134

 
$
489

 
$
5,549

 
$
73,483


Three Months Ended September 30, 2014
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
228,661

 
$
9,961

 
$
4,598

 
$
15,494

 
$
258,714

Property operating expenses (2)
 
(68,597
)
 
(2,226
)
 
(1,195
)
 
545

 
(71,473
)
Interest expense
 
(50,228
)
 
(1,987
)
 
(649
)
 
(7,350
)
 
(60,214
)
Other expense
 
(1
)
 
—

 
—

 
(7,395
)
 
(7,396
)
Gain on sales of real estate assets
 
(12
)
 
3

 
33

 
410

 
434

Segment profit
 
$
109,823

 
$
5,751

 
$
2,787

 
$
1,704

 
120,065

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(72,488
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(9,474
)
Interest and other income
 
 

 
 

 
 

 
 

 
463

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
18,282

Loss on impairment
 
 
 
 
 
 
 
 
 
(497
)
Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
3,936

Income tax provision
 
 

 
 

 
 

 
 

 
(3,083
)
Income from continuing operations
 
 

 
 

 
 

 
 

 
$
57,204

Capital expenditures (3)
 
$
60,484

 
$
1,220

 
$
842

 
$
22,717

 
$
85,263



Nine Months Ended September 30, 2015
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
694,310

 
$
30,164

 
$
14,925

 
$
37,988

 
$
777,388

Property operating expenses (2)
 
(209,850
)
 
(7,206
)
 
(3,392
)
 
4,803

 
(215,645
)
Interest expense
 
(128,168
)
 
(5,561
)
 
(3,233
)
 
(37,400
)
 
(174,362
)
Other expense
 
—

 
—

 
—

 
(21,191
)
 
(21,191
)
Gain on sales of real estate assets
 
264

 
16,260

 
—

 
1,643

 
18,167

Segment profit (loss)
 
$
356,556

 
$
33,657

 
$
8,300

 
$
(14,157
)
 
384,357

Depreciation and amortization expense
 
 
 
 
 
 
 
 
 
(221,550
)
General and administrative expense
 
 
 
 
 
 
 
 
 
(46,440
)
Interest and other income
 
 
 
 
 
 
 
 
 
6,242

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
256

Loss on impairment
 
 
 
 
 
 
 
 
 
(3,665
)
Gain on investment
 
 
 
 
 
 
 
 
 
16,560

Equity in earnings of unconsolidated affiliates
 
 
 
 
 
 
 
 
 
12,212

Income tax provision
 
 
 
 
 
 
 
 
 
(2,004
)
Income from continuing operations
 
 
 
 
 
 
 
 
 
$
145,968

Total Assets
 
$
5,943,299

 
$
258,047

 
$
279,598

 
$
214,791

 
$
6,695,735

Capital expenditures (3)
 
$
326,607

 
$
2,523

 
$
1,884

 
$
18,978

 
$
349,992




Nine Months Ended September 30, 2014
 
Malls
 
Associated
Centers
 
Community
Centers
 
All Other (1)
 
Total
Revenues
 
$
683,494

 
$
31,104

 
$
13,847

 
$
48,445

 
$
776,890

Property operating expenses (2)
 
(210,553
)
 
(6,981
)
 
(3,784
)
 
2,083

 
(219,235
)
Interest expense
 
(148,822
)
 
(5,983
)
 
(1,949
)
 
(23,243
)
 
(179,997
)
Other expense
 
(20
)
 
—

 
—

 
(21,311
)
 
(21,331
)
Gain on sales of real estate assets
 
1,654

 
937

 
489

 
433

 
3,513

Segment profit
 
$
325,753

 
$
19,077

 
$
8,603

 
$
6,407

 
359,840

Depreciation and amortization expense
 
 

 
 

 
 

 
 

 
(212,180
)
General and administrative expense
 
 

 
 

 
 

 
 

 
(35,583
)
Interest and other income
 
 

 
 

 
 

 
 

 
3,535

Gain on extinguishment of debt
 
 
 
 
 
 
 
 
 
60,942

Loss on impairment
 
 
 
 
 
 
 
 
 
(17,753
)
Equity in earnings of unconsolidated affiliates
 
 

 
 

 
 

 
 

 
11,038

Income tax provision
 
 

 
 

 
 

 
 

 
(4,266
)
Income from continuing operations
 
 

 
 

 
 

 
 
 
$
165,573

Total Assets
 
$
5,644,948

 
$
274,845

 
$
284,691

 
$
428,227

 
$
6,632,711

Capital expenditures (3)
 
$
144,123

 
$
13,906

 
$
2,439

 
$
78,208

 
$
238,676

(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)
Property operating expenses include property operating, real estate taxes and maintenance and repairs.
(3)
Amounts include acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.