2013 Q1 Form 10-Q Financial Statement
#000104746913005542 Filed on May 06, 2013
Income Statement
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| Revenue | $243.3M | $187.5M |
| YoY Change | 29.79% | 1.18% |
| Cost Of Revenue | $101.8M | $85.10M |
| YoY Change | 19.62% | 2.53% |
| Gross Profit | $141.6M | $113.2M |
| YoY Change | 25.09% | 16.34% |
| Gross Profit Margin | 58.2% | 60.39% |
| Selling, General & Admin | $6.000M | $4.500M |
| YoY Change | 33.33% | -40.79% |
| % of Gross Profit | 4.24% | 3.98% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $95.47M | $81.00M |
| YoY Change | 17.86% | 19.12% |
| % of Gross Profit | 67.42% | 71.56% |
| Operating Expenses | $93.00M | $76.00M |
| YoY Change | 22.37% | 12.93% |
| Operating Profit | $48.60M | $37.20M |
| YoY Change | 30.65% | 24.0% |
| Interest Expense | $49.68M | $42.52M |
| YoY Change | 16.83% | -332.37% |
| % of Operating Profit | 102.22% | 114.31% |
| Other Income/Expense, Net | -$2.000M | -$1.100M |
| YoY Change | 81.82% | -15.38% |
| Pretax Income | $19.70M | $43.70M |
| YoY Change | -54.92% | 1356.67% |
| Income Tax | -$243.0K | $1.850M |
| % Of Pretax Income | -1.23% | 4.23% |
| Net Earnings | $22.53M | -$11.72M |
| YoY Change | -292.19% | |
| Net Earnings / Revenue | 9.26% | -6.25% |
| Basic Earnings Per Share | $0.13 | -$0.11 |
| Diluted Earnings Per Share | $0.13 | -$0.11 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 137.5M shares | 132.3M shares |
| Diluted Shares Outstanding | 137.6M shares | 132.3M shares |
Balance Sheet
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $69.00M | $229.0M |
| YoY Change | -69.87% | 21.81% |
| Cash & Equivalents | $68.81M | $229.3M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $131.0M | $103.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $200.0M | $332.0M |
| YoY Change | -39.76% | 14.88% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $7.933B | $6.091B |
| YoY Change | 30.24% | 7.1% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $945.9M | $1.124B |
| YoY Change | -15.84% | 2.55% |
| Other Assets | $126.0M | $147.0M |
| YoY Change | -14.29% | 9.7% |
| Total Long-Term Assets | $9.563B | $7.738B |
| YoY Change | 23.58% | 7.34% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $200.0M | $332.0M |
| Total Long-Term Assets | $9.563B | $7.738B |
| Total Assets | $9.763B | $8.070B |
| YoY Change | 20.98% | 7.63% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $89.00M | $77.00M |
| YoY Change | 15.58% | 4.05% |
| Accrued Expenses | $326.0M | $275.0M |
| YoY Change | 18.55% | 6.18% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $797.0M | $955.0M |
| YoY Change | -16.54% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $1.212B | $1.307B |
| YoY Change | -7.27% | 292.49% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $4.911B | $3.363B |
| YoY Change | 46.03% | -12.08% |
| Other Long-Term Liabilities | $283.0M | $328.0M |
| YoY Change | -13.72% | 61.58% |
| Total Long-Term Liabilities | $5.194B | $3.691B |
| YoY Change | 40.72% | -8.37% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.212B | $1.307B |
| Total Long-Term Liabilities | $5.194B | $3.691B |
| Total Liabilities | $6.406B | $5.345B |
| YoY Change | 19.85% | 14.38% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$701.4M | |
| YoY Change | ||
| Common Stock | $3.718B | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $3.017B | $2.725B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $9.763B | $8.070B |
| YoY Change | 20.98% | 7.63% |
Cashflow Statement
| Concept | 2013 Q1 | 2012 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $22.53M | -$11.72M |
| YoY Change | -292.19% | |
| Depreciation, Depletion And Amortization | $95.47M | $81.00M |
| YoY Change | 17.86% | 19.12% |
| Cash From Operating Activities | $107.5M | $86.22M |
| YoY Change | 24.73% | 107.76% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$480.9M | -$72.10M |
| YoY Change | 566.99% | 100.28% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $24.30M | $600.0K |
| YoY Change | 3950.0% | -101.61% |
| Cash From Investing Activities | -$456.6M | -$71.49M |
| YoY Change | 538.74% | -2.47% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | $352.1M | $147.3M |
| YoY Change | 139.07% | -165.22% |
| NET CHANGE | ||
| Cash From Operating Activities | $107.5M | $86.22M |
| Cash From Investing Activities | -$456.6M | -$71.49M |
| Cash From Financing Activities | $352.1M | $147.3M |
| Net Change In Cash | $3.021M | $162.0M |
| YoY Change | -98.14% | -162.89% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $107.5M | $86.22M |
| Capital Expenditures | -$480.9M | -$72.10M |
| Free Cash Flow | $588.4M | $158.3M |
| YoY Change | 271.68% | 104.29% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.13 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.13 | |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.31 | |
| CY2012Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.42 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
| CY2012Q4 | mac |
Equity Method Investment Summarized Financial Information Real Estate Investment Property Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet
|
3653631000 | USD |
| CY2012Q4 | mac |
Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
|
411862000 | USD |
| CY2012Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
4065493000 | USD |
| CY2012Q4 | mac |
Equity Method Investment Summarized Financial Information Secured Debt
EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt
|
3240723000 | USD |
| CY2012Q4 | mac |
Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
|
148711000 | USD |
| CY2012Q4 | us-gaap |
Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
|
304477000 | USD |
| CY2012Q4 | mac |
Equity Method Investment Summarized Financial Information Equity Or Capital Other Interests
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests
|
371582000 | USD |
| CY2012Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
|
4065493000 | USD |
| CY2012Q4 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
516833000 | USD |
| CY2012Q4 | mac |
Equity Method Investments Net
EquityMethodInvestmentsNet
|
821310000 | USD |
| CY2012Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
974258000 | USD |
| CY2012Q4 | mac |
Investments In Unconsolidated Joint Ventures
InvestmentsInUnconsolidatedJointVentures
|
152948000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Real Estate Investment Property Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet
|
3664484000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
|
324402000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
3988886000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Secured Debt
EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt
|
3274872000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
|
171073000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Underlying Equity In Net Assets
EquityMethodInvestmentUnderlyingEquityInNetAssets
|
237806000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Equity Or Capital Other Interests
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapitalOtherInterests
|
305135000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
|
3988886000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
514521000 | USD |
| CY2013Q1 | mac |
Number Of Real Estate Management Companies
NumberOfRealEstateManagementCompanies
|
7 | entity |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
22526000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
4000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4438000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
18092000 | USD |
| CY2013Q1 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
66000 | USD |
| CY2013Q1 | mac |
Net Income Loss Available To Common Stockholders After Allocation To Participating Securities Basic
NetIncomeLossAvailableToCommonStockholdersAfterAllocationToParticipatingSecuritiesBasic
|
18026000 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
48209000 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-59932000 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2345000 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14068000 | USD |
| CY2012Q1 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
317000 | USD |
| CY2012Q1 | mac |
Net Income Loss Available To Common Stockholders After Allocation To Participating Securities Basic
NetIncomeLossAvailableToCommonStockholdersAfterAllocationToParticipatingSecuritiesBasic
|
-14385000 | USD |
| CY2013Q1 | mac |
Net Income Loss Available To Common Stockholders After Allocation To Participating Securities Diluted
NetIncomeLossAvailableToCommonStockholdersAfterAllocationToParticipatingSecuritiesDiluted
|
18026000 | USD |
| CY2012Q1 | mac |
Net Income Loss Available To Common Stockholders After Allocation To Participating Securities Diluted
NetIncomeLossAvailableToCommonStockholdersAfterAllocationToParticipatingSecuritiesDiluted
|
-14385000 | USD |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
137538000 | shares |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
132273000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
137616000 | shares |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
132273000 | shares |
| CY2013Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
78000 | shares |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.13 | |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.31 | |
| CY2012Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.42 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
|
55432000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
|
46591000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Operating Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses
|
180622000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Gain Loss On Sale And Remeasurement Of Assets
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets
|
22990000 | USD |
| CY2013Q1 | us-gaap |
Land
Land
|
1723388000 | USD |
| CY2013Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
6715582000 | USD |
| CY2013Q1 | us-gaap |
Tenant Improvements
TenantImprovements
|
534354000 | USD |
| CY2013Q1 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
150559000 | USD |
| CY2013Q1 | us-gaap |
Development In Process
DevelopmentInProcess
|
408860000 | USD |
| CY2013Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9532743000 | USD |
| CY2013Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1600180000 | USD |
| CY2013Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7932563000 | USD |
| CY2012Q4 | us-gaap |
Land
Land
|
1572621000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
945935000 | USD |
| CY2013Q1 | mac |
Equity Method Investments Net
EquityMethodInvestmentsNet
|
752327000 | USD |
| CY2013Q1 | mac |
Investments In Unconsolidated Joint Ventures
InvestmentsInUnconsolidatedJointVentures
|
193608000 | USD |
| CY2012Q4 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
51171000 | USD |
| CY2013Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
51151000 | USD |
| CY2012Q4 | mac |
Guarantee Obligations Exposure Indemnified By Third Party
GuaranteeObligationsExposureIndemnifiedByThirdParty
|
21270000 | USD |
| CY2013Q1 | mac |
Guarantee Obligations Exposure Indemnified By Third Party
GuaranteeObligationsExposureIndemnifiedByThirdParty
|
21270000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Amortization Of Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentAmortizationOfDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
2562000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Amortization Of Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentAmortizationOfDifferenceBetweenCarryingAmountAndUnderlyingEquity
|
-57000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Minimum Lease Revenue
EquityMethodInvestmentSummarizedFinancialInformationMinimumLeaseRevenue
|
109590000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Percentage Rent
EquityMethodInvestmentSummarizedFinancialInformationPercentageRent
|
2857000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Tenant Reimbursements
EquityMethodInvestmentSummarizedFinancialInformationTenantReimbursements
|
52190000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Other Revenue
EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue
|
9582000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
174219000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Cost Of Real Estate Revenue
EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue
|
59101000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
|
37931000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
|
37161000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Operating Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpenses
|
134193000 | USD |
| CY2013Q1 | mac |
Equity Method Investment Summarized Financial Information Gain Loss On Sale And Remeasurement Of Assets
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSaleAndRemeasurementOfAssets
|
-190000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
39836000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Minimum Lease Revenue
EquityMethodInvestmentSummarizedFinancialInformationMinimumLeaseRevenue
|
139080000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Percentage Rent
EquityMethodInvestmentSummarizedFinancialInformationPercentageRent
|
4653000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Tenant Reimbursements
EquityMethodInvestmentSummarizedFinancialInformationTenantReimbursements
|
66701000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Other Revenue
EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue
|
10523000 | USD |
| CY2012Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
220957000 | USD |
| CY2012Q1 | mac |
Equity Method Investment Summarized Financial Information Cost Of Real Estate Revenue
EquityMethodInvestmentSummarizedFinancialInformationCostOfRealEstateRevenue
|
78599000 | USD |
| CY2012Q1 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
63325000 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
30618000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
18115000 | USD |
| CY2012Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
6417674000 | USD |
| CY2012Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
496203000 | USD |
| CY2012Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
149959000 | USD |
| CY2012Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
376249000 | USD |
| CY2012Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9012706000 | USD |
| CY2012Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1533160000 | USD |
| CY2012Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7479546000 | USD |
| CY2013Q1 | us-gaap |
Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
|
71098000 | USD |
| CY2012Q1 | us-gaap |
Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
|
57322000 | USD |
| CY2013Q1 | mac |
Held To Maturity Securities Par Value
HeldToMaturitySecuritiesParValue
|
23670000 | USD |
| CY2012Q4 | mac |
Held To Maturity Securities Par Value
HeldToMaturitySecuritiesParValue
|
23769000 | USD |
| CY2013Q1 | mac |
Discount On Held To Maturity Securities
DiscountOnHeldToMaturitySecurities
|
58000 | USD |
| CY2012Q4 | mac |
Discount On Held To Maturity Securities
DiscountOnHeldToMaturitySecurities
|
102000 | USD |
| CY2013Q1 | us-gaap |
Held To Maturity Securities Restricted
HeldToMaturitySecuritiesRestricted
|
23612000 | USD |
| CY2012Q4 | us-gaap |
Held To Maturity Securities Restricted
HeldToMaturitySecuritiesRestricted
|
23667000 | USD |
| CY2013Q1 | us-gaap |
Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
|
416000 | USD |
| CY2012Q4 | us-gaap |
Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
|
685000 | USD |
| CY2013Q1 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
24028000 | USD |
| CY2012Q4 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
24352000 | USD |
| CY2013Q1 | mac |
Marketable Securities Future Contractual Maturity Maximum
MarketableSecuritiesFutureContractualMaturityMaximum
|
P1Y | |
| CY2012Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
2374000 | USD |
| CY2012Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
49129000 | USD |
| CY2013Q1 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
1771000 | USD |
| CY2013Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
50685000 | USD |
| CY2013Q1 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
232555000 | USD |
| CY2012Q4 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
234498000 | USD |
| CY2013Q1 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
47444000 | USD |
| CY2012Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
42868000 | USD |
| CY2013Q1 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
204046000 | USD |
| CY2012Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
175735000 | USD |
| CY2013Q1 | mac |
Finite Lived Intangible Asset Leasing Commissions And Legal Costs
FiniteLivedIntangibleAssetLeasingCommissionsAndLegalCosts
|
50499000 | USD |
| CY2012Q4 | mac |
Finite Lived Intangible Asset Leasing Commissions And Legal Costs
FiniteLivedIntangibleAssetLeasingCommissionsAndLegalCosts
|
46419000 | USD |
| CY2013Q1 | mac |
Finite Lived Intangible Asset Above Market Leases
FiniteLivedIntangibleAssetAboveMarketLeases
|
129256000 | USD |
| CY2012Q4 | mac |
Finite Lived Intangible Asset Above Market Leases
FiniteLivedIntangibleAssetAboveMarketLeases
|
118033000 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
33843000 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
33414000 | USD |
| CY2013Q1 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
25526000 | USD |
| CY2012Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
24670000 | USD |
| CY2012Q4 | us-gaap |
Deposit Assets
DepositAssets
|
30000000 | USD |
| CY2013Q1 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
61935000 | USD |
| CY2012Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
72811000 | USD |
| CY2013Q1 | mac |
Deferred Costs And Other Assets Gross
DeferredCostsAndOtherAssetsGross
|
785104000 | USD |
| CY2012Q4 | mac |
Deferred Costs And Other Assets Gross
DeferredCostsAndOtherAssetsGross
|
778448000 | USD |
| CY2013Q1 | mac |
Accumulated Amortization Deferred Costs And Finite Lived Intangible Assets
AccumulatedAmortizationDeferredCostsAndFiniteLivedIntangibleAssets
|
205802000 | USD |
| CY2012Q4 | mac |
Accumulated Amortization Deferred Costs And Finite Lived Intangible Assets
AccumulatedAmortizationDeferredCostsAndFiniteLivedIntangibleAssets
|
213318000 | USD |
| CY2013Q1 | mac |
Deferred Costs And Other Assets Net
DeferredCostsAndOtherAssetsNet
|
579302000 | USD |
| CY2012Q4 | mac |
Deferred Costs And Other Assets Net
DeferredCostsAndOtherAssetsNet
|
565130000 | USD |
| CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
62792000 | USD |
| CY2013Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
64047000 | USD |
| CY2013Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
13893000 | USD |
| CY2012Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
9652000 | USD |
| CY2012Q4 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.93 | pure |
| CY2012Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.07 | pure |
| CY2013Q1 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.07 | pure |
| CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q1 | mac |
Minority Interest Redemption Value Basis Number Of Trading Days
MinorityInterestRedemptionValueBasisNumberOfTradingDays
|
P10D | |
| CY2012Q4 | mac |
Minority Interest Redemption Value
MinorityInterestRedemptionValue
|
586409000 | USD |
| CY2013Q1 | mac |
Minority Interest Redemption Value
MinorityInterestRedemptionValue
|
643659000 | USD |
| CY2013Q1 | mac |
Secured Debt Nonrelated Party
SecuredDebtNonrelatedParty
|
4637327000 | USD |
| CY2013Q1 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
273328000 | USD |
| CY2012Q4 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
274609000 | USD |
| CY2012Q4 | mac |
Secured Debt Nonrelated Party
SecuredDebtNonrelatedParty
|
4162734000 | USD |
| CY2013Q1 | mac |
Loan Maturities Expected To Be Refinanced Restructured Extended Or Paid Off Period
LoanMaturitiesExpectedToBeRefinancedRestructuredExtendedOrPaidOffPeriod
|
P12M | |
| CY2013Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
3507000 | USD |
| CY2012Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
2353000 | USD |
| CY2013Q1 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
5038759000 | USD |
| CY2012Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
4567658000 | USD |
| CY2013Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
267106000 | USD |
| CY2012Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
22787000 | USD |
| CY2013Q1 | us-gaap |
Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
|
263038000 | USD |
| CY2012Q1 | us-gaap |
Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
|
47174000 | USD |
| CY2013Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
0 | USD |
| CY2012Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
6678000 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2635000 | USD |
| CY2012Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2093000 | USD |
| CY2012Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
3757000 | USD |
| CY2013Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
3757000 | USD |
| CY2013Q1 | us-gaap |
Construction Payable Current
ConstructionPayableCurrent
|
28042000 | USD |
| CY2013Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
3780000 | USD |
| CY2013Q1 | us-gaap |
Due From Joint Ventures
DueFromJointVentures
|
3366000 | USD |
| CY2012Q4 | us-gaap |
Due From Joint Ventures
DueFromJointVentures
|
3345000 | USD |
| CY2013Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><b>1. Organization:</b></font></p> <p style="FONT-FAMILY: times;"><font size="2">        The Macerich Company (the "Company") is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers (the "Centers") located throughout the United States.</font></p> <p style="FONT-FAMILY: times;"><font size="2">        The Company commenced operations effective with the completion of its initial public offering on March 16, 1994. As of March 31, 2013, the Company was the sole general partner of, and held a 93% ownership interest in, The Macerich Partnership, L.P. (the "Operating Partnership"). The Company was organized to qualify as a real estate investment trust ("REIT") under the Internal Revenue Code of 1986, as amended (the "Code").</font></p> <p style="FONT-FAMILY: times;"><font size="2">        The property management, leasing and redevelopment of the Company's portfolio is provided by the Company's management companies, Macerich Property Management Company, LLC, a single member Delaware limited liability company, Macerich Management Company, a California corporation, Macerich Arizona Partners LLC, a single member Arizona limited liability company, Macerich Arizona Management LLC, a single member Delaware limited liability company, Macerich Partners of Colorado, LLC, a Colorado limited liability company, MACW Mall Management, Inc., a New York corporation, and MACW Property Management, LLC, a single member New York limited liability company. All seven of the management companies are collectively referred to herein as the "Management Companies."</font></p> <p style="FONT-FAMILY: times;"><font size="2">        All references to the Company in this Quarterly Report on Form 10-Q include the Company, those entities owned or controlled by the Company and predecessors of the Company, unless the context indicates otherwise.</font></p> </div> | |
| CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
MACERICH CO | |
| CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000912242 | |
| CY2013Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
| CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2013Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
137498591 | shares |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
68814000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
65793000 | USD |
| CY2013Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
78128000 | USD |
| CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
78658000 | USD |
| CY2013Q1 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
99767000 | USD |
| CY2012Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
103744000 | USD |
| CY2013Q1 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
31197000 | USD |
| CY2012Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
17068000 | USD |
| CY2013Q1 | us-gaap |
Assets
Assets
|
9762684000 | USD |
| CY2012Q4 | us-gaap |
Assets
Assets
|
9311209000 | USD |
| CY2013Q1 | us-gaap |
Secured Debt
SecuredDebt
|
4910655000 | USD |
| CY2012Q4 | us-gaap |
Secured Debt
SecuredDebt
|
4437343000 | USD |
| CY2013Q1 | mac |
Convertible Debt Line Of Credit And Other Notes Payable
ConvertibleDebtLineOfCreditAndOtherNotesPayable
|
797138000 | USD |
| CY2012Q4 | mac |
Convertible Debt Line Of Credit And Other Notes Payable
ConvertibleDebtLineOfCreditAndOtherNotesPayable
|
824027000 | USD |
| CY2013Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
89237000 | USD |
| CY2012Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
70251000 | USD |
| CY2013Q1 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
326095000 | USD |
| CY2012Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
318174000 | USD |
| CY2013Q1 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
89360000 | USD |
| CY2012Q4 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
92215000 | USD |
| CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
6406093000 | USD |
| CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
5894958000 | USD |
| CY2013Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1376000 | USD |
| CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1375000 | USD |
| CY2013Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3717091000 | USD |
| CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3715895000 | USD |
| CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-701447000 | USD |
| CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-639741000 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3017020000 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3077529000 | USD |
| CY2013Q1 | us-gaap |
Minority Interest
MinorityInterest
|
339571000 | USD |
| CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
|
338722000 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3356591000 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3416251000 | USD |
| CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9762684000 | USD |
| CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9311209000 | USD |
| CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
137628403 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
137507010 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
137628403 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
137507010 | shares |
| CY2013Q1 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
149157000 | USD |
| CY2012Q1 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
119528000 | USD |
| CY2013Q1 | us-gaap |
Percentage Rent
PercentageRent
|
4377000 | USD |
| CY2012Q1 | us-gaap |
Percentage Rent
PercentageRent
|
3753000 | USD |
| CY2013Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
85324000 | USD |
| CY2012Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
64695000 | USD |
| CY2013Q1 | mac |
Management Fees And Other Revenues
ManagementFeesAndOtherRevenues
|
10148000 | USD |
| CY2012Q1 | mac |
Management Fees And Other Revenues
ManagementFeesAndOtherRevenues
|
11215000 | USD |
| CY2013Q1 | us-gaap |
Other Income
OtherIncome
|
13776000 | USD |
| CY2012Q1 | us-gaap |
Other Income
OtherIncome
|
10752000 | USD |
| CY2013Q1 | us-gaap |
Revenues
Revenues
|
262782000 | USD |
| CY2012Q1 | us-gaap |
Revenues
Revenues
|
209943000 | USD |
| CY2013Q1 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
85372000 | USD |
| CY2012Q1 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
65498000 | USD |
| CY2013Q1 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
23149000 | USD |
| CY2012Q1 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
22527000 | USD |
| CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6024000 | USD |
| CY2012Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4518000 | USD |
| CY2013Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
93160000 | USD |
| CY2012Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
73841000 | USD |
| CY2013Q1 | mac |
Costs And Expenses Before Interest Total
CostsAndExpensesBeforeInterestTotal
|
207705000 | USD |
| CY2012Q1 | mac |
Costs And Expenses Before Interest Total
CostsAndExpensesBeforeInterestTotal
|
166384000 | USD |
| CY2012Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
3940000 | USD |
| CY2013Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
49916000 | USD |
| CY2012Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
38583000 | USD |
| CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
53696000 | USD |
| CY2012Q1 | us-gaap |
Interest Expense
InterestExpense
|
42523000 | USD |
| CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
261401000 | USD |
| CY2012Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
208907000 | USD |
| CY2013Q1 | mac |
Income Loss From Coventure Operations
IncomeLossFromCoventureOperations
|
-2041000 | USD |
| CY2012Q1 | mac |
Income Loss From Coventure Operations
IncomeLossFromCoventureOperations
|
-1092000 | USD |
| CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-243000 | USD |
| CY2012Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1850000 | USD |
| CY2013Q1 | mac |
Gain Loss On Sale Or Remeasurement Of Assets And Interests In Unconsolidated Entities
GainLossOnSaleOrRemeasurementOfAssetsAndInterestsInUnconsolidatedEntities
|
4828000 | USD |
| CY2012Q1 | mac |
Gain Loss On Sale Or Remeasurement Of Assets And Interests In Unconsolidated Entities
GainLossOnSaleOrRemeasurementOfAssetsAndInterestsInUnconsolidatedEntities
|
19497000 | USD |
| CY2013Q1 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
6000 | USD |
| CY2012Q1 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
-55568000 | USD |
| CY2013Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-2000 | USD |
| CY2012Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-4364000 | USD |
| CY2013Q1 | us-gaap |
Profit Loss
ProfitLoss
|
22530000 | USD |
| CY2012Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-11723000 | USD |
| CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
95465000 | USD |
| CY2012Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
81002000 | USD |
| CY2013Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-2441000 | USD |
| CY2012Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1422000 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3700000 | USD |
| CY2012Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2798000 | USD |
| CY2013Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
756000 | USD |
| CY2012Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
821000 | USD |
| CY2013Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
8538000 | USD |
| CY2012Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4444000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3221000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-17905000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-13422000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1940000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
799000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
|
1604000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
15073000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1849000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-30771000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-17148000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
107543000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
86221000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
470000000 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
70925000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
36741000 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
15105000 | USD |
| CY2013Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
10901000 | USD |
| CY2012Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
1187000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
13330000 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
12500000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
99000 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
99000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
10885000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
8723000 | USD |
| CY2013Q1 | mac |
Distributions Of Capital From Unconsolidated Entities And Other
DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther
|
104708000 | USD |
| CY2012Q1 | mac |
Distributions Of Capital From Unconsolidated Entities And Other
DistributionsOfCapitalFromUnconsolidatedEntitiesAndOther
|
24697000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
26134000 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
8008000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
-21000 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
695000 | USD |
| CY2013Q1 | mac |
Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
|
6059000 | USD |
| CY2012Q1 | mac |
Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
|
23180000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-530000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
3710000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-456616000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-71487000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
1735123000 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
755885000 | USD |
| CY2013Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
1286303000 | USD |
| CY2012Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
521054000 | USD |
| CY2013Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
4601000 | USD |
| CY2012Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1883000 | USD |
| CY2013Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
1022000 | USD |
| CY2012Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
10000 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
266000 | USD |
| CY2013Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
86207000 | USD |
| CY2012Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
81644000 | USD |
| CY2013Q1 | mac |
Distributions To Co Venture Partner
DistributionsToCoVenturePartner
|
4896000 | USD |
| CY2012Q1 | mac |
Distributions To Co Venture Partner
DistributionsToCoVenturePartner
|
4282000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
352094000 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
147278000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3021000 | USD |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
162012000 | USD |
| CY2013Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
53933000 | USD |
| CY2012Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
40431000 | USD |
| CY2013Q1 | us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
25761000 | USD |
| CY2012Q1 | us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
4228000 | USD |
| CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
67248000 | USD |
| CY2012Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
229260000 | USD |
| CY2013Q1 | mac |
Stock Issued Value Conversion Of Units
StockIssuedValueConversionOfUnits
|
974000 | USD |
| CY2012Q1 | mac |
Stock Issued Value Conversion Of Units
StockIssuedValueConversionOfUnits
|
774000 | USD |
| CY2013Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
5137000 | USD |
| CY2013Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
79798000 | USD |
| CY2013Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
6409000 | USD |
| CY2013Q1 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
-98000 | USD |
| CY2013Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
1022000 | USD |
| CY2013Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.58 | |
| CY2013Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1437000 | USD |
| CY2012Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1319000 | USD |
| CY2013Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
281000 | USD |
| CY2013Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-524000 | USD |
| CY2012Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1850000 | USD |
