2011 Q4 Form 10-K Financial Statement

#000119312513087320 Filed on March 01, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $189.4M $186.3M $185.9M
YoY Change 19.54% 4.01% -2.13%
Cost Of Revenue $52.30M $55.80M $59.00M
YoY Change 25.12% -1.24% 2.08%
Gross Profit $137.0M $128.7M $127.7M
YoY Change 17.5% 5.06% -3.4%
Gross Profit Margin 72.35% 69.09% 68.68%
Selling, General & Admin $19.90M $18.00M $18.00M
YoY Change -13.48% -10.89% -5.76%
% of Gross Profit 14.53% 13.99% 14.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.00M $53.00M $52.80M
YoY Change 33.95% 8.16% 1.34%
% of Gross Profit 42.34% 41.18% 41.35%
Operating Expenses $77.90M $174.7M $70.80M
YoY Change 17.5% 152.49% -0.56%
Operating Profit $59.10M $83.83M $56.90M
YoY Change 17.5% 57.29% -6.72%
Interest Expense -$53.80M $55.92M -$41.20M
YoY Change -12.38% -188.48% 30.79%
% of Operating Profit -91.03% 66.71% -72.41%
Other Income/Expense, Net $0.00 $181.0K $0.00
YoY Change -100.0% -98.74% -100.0%
Pretax Income -$13.20M -$43.64M $11.90M
YoY Change -69.01% 228.09% -128.13%
Income Tax $0.00 $300.0K $400.0K
% Of Pretax Income 3.36%
Net Earnings $5.206M -$42.99M -$13.38M
YoY Change -106.09% 200.62% -84.55%
Net Earnings / Revenue 2.75% -23.08% -7.2%
Basic Earnings Per Share -$0.01 -$0.18 -$0.10
Diluted Earnings Per Share -$0.01 -$0.18 -$0.10
COMMON SHARES
Basic Shares Outstanding 274.7M shares 274.6M shares 274.3M shares
Diluted Shares Outstanding 274.7M shares 274.6M shares 276.1M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $41.00M $21.00M $15.00M
YoY Change 115.79% 0.0% -28.57%
Cash & Equivalents $41.21M $20.68M $15.00M
Short-Term Investments
Other Short-Term Assets $10.00M $9.000M $13.00M
YoY Change -16.67% -91.59% -87.13%
Inventory
Prepaid Expenses
Receivables $117.0M $118.0M $114.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $168.0M $148.0M $142.0M
YoY Change 9.09% -43.51% -44.96%
LONG-TERM ASSETS
Property, Plant & Equipment $6.717B $6.827B $6.880B
YoY Change -3.48% -2.62% -4.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $354.0M $377.0M $416.0M
YoY Change -15.11% -9.81% 0.0%
Other Assets $79.00M $58.00M $54.00M
YoY Change 8.22% 20.83% -21.74%
Total Long-Term Assets $7.301B $7.455B $7.525B
YoY Change -4.11% -2.1% -3.45%
TOTAL ASSETS
Total Short-Term Assets $168.0M $148.0M $142.0M
Total Long-Term Assets $7.301B $7.455B $7.525B
Total Assets $7.469B $7.603B $7.667B
YoY Change -3.84% -3.48% -4.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $258.0M $148.0M $138.0M
YoY Change 15.7% -4.52% 2.99%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $287.0M $172.0M $156.0M
YoY Change 22.13% 2.99% 6.85%
LONG-TERM LIABILITIES
Long-Term Debt $4.105B $4.226B $4.214B
YoY Change -4.58% -3.85% -9.14%
Other Long-Term Liabilities $0.00 $102.0M $83.00M
YoY Change -100.0% -29.66% -40.29%
Total Long-Term Liabilities $4.105B $4.328B $4.297B
YoY Change -6.66% -4.67% -10.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $287.0M $172.0M $156.0M
Total Long-Term Liabilities $4.105B $4.328B $4.297B
Total Liabilities $4.392B $4.532B $4.492B
YoY Change -5.98% -4.51% -9.4%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $27.71M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.02M
YoY Change
Treasury Stock Shares 833.9K shares
Shareholders Equity $3.046B $3.071B $3.175B
YoY Change
Total Liabilities & Shareholders Equity $7.469B $7.603B $7.667B
YoY Change -3.84% -3.48% -4.78%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $5.206M -$42.99M -$13.38M
YoY Change -106.09% 200.62% -84.55%
Depreciation, Depletion And Amortization $58.00M $53.00M $52.80M
YoY Change 33.95% 8.16% 1.34%
Cash From Operating Activities $60.40M $78.50M $76.70M
YoY Change -9.99% -5.42% -8.36%
INVESTING ACTIVITIES
Capital Expenditures -$71.70M -$77.60M -$25.50M
YoY Change 76.6% 61.67% -33.25%
Acquisitions
YoY Change
Other Investing Activities $241.7M $56.60M $80.70M
YoY Change 283.04% 371.67% 65.37%
Cash From Investing Activities $170.0M -$21.00M $55.20M
YoY Change 655.56% -41.67% 420.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -209.8M -52.00M -137.5M
YoY Change 128.04% 11.35% 38.89%
NET CHANGE
Cash From Operating Activities 60.40M 78.50M 76.70M
Cash From Investing Activities 170.0M -21.00M 55.20M
Cash From Financing Activities -209.8M -52.00M -137.5M
Net Change In Cash 20.60M 5.500M -5.600M
YoY Change -958.33% 1733.33% 19.15%
FREE CASH FLOW
Cash From Operating Activities $60.40M $78.50M $76.70M
Capital Expenditures -$71.70M -$77.60M -$25.50M
Free Cash Flow $132.1M $156.1M $102.2M
YoY Change 22.66% 19.16% -16.16%

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CY2012Q4 ddr Number Of Shopping Centers Owned
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5700000
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CY2012Q4 ddr Segment Reporting Information Gross Assets
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6968394000
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34300000
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CY2012Q4 ddr Guarantee Annual Base Rental Income For Various Affiliates
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CY2012Q4 ddr Vesting Of Stock Under Value Sharing Equity Program
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CY2012Q4 ddr Share Based Compensation Arrangement By Share Based Payment Award Vesting Ratio
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CY2012Q4 ddr Senior Notes1
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246907000
ddr Number Of Properties Included In Discontinued Operations
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88 Property
ddr Number Of Properties Included In Other Investments Segment
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98845000
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60618000
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CY2010 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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CY2010 us-gaap Investment Income Interest
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CY2010 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
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227304000
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P5Y9M18D
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CY2010 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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CY2010 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2010 us-gaap Proceeds From Warrant Exercises
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CY2010 us-gaap Income Tax Expense Benefit Continuing Operations
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50199000
CY2010 us-gaap Equity Method Investment Dividends Or Distributions
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7334000
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CY2010 us-gaap Payments To Minority Shareholders
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2886000
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3106000
CY2010 us-gaap Disposal Group Including Discontinued Operation Interest Expense
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26669000
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3005000
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998000
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CY2010 us-gaap Income Tax Reconciliation Disposition Of Assets
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766917000
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123201000
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202981000
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1362000
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435031000
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490058000
CY2010 us-gaap Interest Paid Capitalized
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12200000
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2698000
CY2010 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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30.21
CY2010 us-gaap Dividends Common Stock
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20205000
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13419000
CY2010 us-gaap Earnings Per Share Basic
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CY2010 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
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485000
CY2010 us-gaap Gain Loss On Contract Termination
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CY2010 us-gaap Allowance For Loan And Lease Losses Provision For Loss Net
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CY2010 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2010 ddr Deferred Income
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CY2010 ddr Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate Maximum
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CY2010 ddr Undeveloped Land
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CY2010 ddr Settlement Of Accreted Debt Discount On Repurchase Of Convertible Senior Notes
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CY2010 ddr Segment Reporting Information Unallocated Expense
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CY2010 ddr Repayments Of Advances To Joint Venture Advances Net
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CY2010 ddr Reduction Of Non Controlling Interests Due To Deconsolidation
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CY2010 ddr Proceeds From Issuance Of Common Stock From Open Market Sales
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CY2010 ddr Previously Deferred Gains And Other Gains And Losses On Dispositions
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CY2010 ddr Real Estate Developed Or Acquired Net Of Liabilities Assumed
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CY2010 ddr Mortgage Loans On Real Estate Accretion Of Discount
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CY2010 ddr Basic Loss Income From Continuing Operations Attributable To Common Shareholders
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CY2010 ddr Consolidation Of Net Assets Of Previously Unconsolidated Joint Ventures
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CY2010 ddr Deferred Compensation Arrangement For Vested Restricted Stock Recorded In Equity
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CY2010 ddr Equity Derivative Liability Affiliate
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CY2010 ddr Dividends Declared Preferred Stock
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CY2010 ddr Dividends Designated From Following Periods
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CY2010 ddr Dividends Paid
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CY2010 ddr Diluted Loss Income From Continuing Operations
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CY2010 ddr Impairment Charges Reclassified To Discontinued Operations
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CY2010 ddr Impairment Charges Related To Consolidated Real Estate Investment
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CY2010 ddr Impairment Of Assets Formerly Occupied By Major Tenant
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CY2010 ddr Interest Income Related Party
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CY2010 ddr Impairment Charges And Loan Loss Reserves
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CY2010 ddr Impairment Charge
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CY2010 ddr Impairment Charge Related To Abandoned Development Project
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CY2010 ddr Effective Income Tax Rate Before Adjustment For Deferred Tax Assets Valuation Allowance
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0.3759 pure
CY2010 ddr Volatility Assumptions
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CY2010 ddr Average Price Per Common Share
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CY2010 ddr Dividends Paid Per Share
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CY2010 ddr Vesting Of Restricted Stock Under Equity Deferred Compensation Plan
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CY2010 ddr Anti Dilutive Warrants Excluded From Computation
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CY2010 ddr Deemed Dividends On Convertible Debt
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CY2010 ddr Income Loss From Discontinued Operations Available To Common Stockholders Basic
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CY2010 ddr Decrease In Real Estate Asset Net Due To Deconsolidation Of Assets
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CY2010 ddr Capital Gains
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CY2010 ddr Gross Fees Paid For Revolving Credit Facilities And Term Loans
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CY2010 ddr Net Cash Paid For Interest Rate Hedging Contracts
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
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CY2011 us-gaap Asset Impairment Charges
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CY2011 us-gaap Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
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CY2011 us-gaap Real Estate Other Deductions
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CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2011 us-gaap Depreciation Depletion And Amortization
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CY2011 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
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CY2011 us-gaap Proceeds From Stock Options Exercised
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CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2011 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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CY2011 us-gaap Net Cash Provided By Used In Investing Activities
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CY2011 us-gaap Investment Income Interest
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CY2011 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2011 us-gaap Stock Redeemed Or Called During Period Value
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CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2011 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
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22700000
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2011 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
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CY2011 us-gaap Real Estate Accumulated Depreciation Depreciation Expense
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CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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CY2011 us-gaap Increase Decrease In Other Operating Capital Net
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CY2011 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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CY2011 us-gaap Proceeds From Collection Of Notes Receivable
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CY2011 us-gaap Provision For Loan And Lease Losses
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CY2011 us-gaap Effective Income Tax Rate Continuing Operations
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CY2011 us-gaap Mortgage Loans On Real Estate Collections Of Principal
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22037000
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CY2011 ddr Dividends Paid Per Share
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No
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10-K
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DDR CORP
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The expected volatility of the stock was derived by using a 50/50 blend of implied and historical changes in the Company's historical stock prices over a time frame consistent with the expected life of the award.
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The Company may redeem the senior convertible notes any time on or after November 15, 2015, in whole or in part, for cash equal to 100% of the principal amount of the notes plus accrued and unpaid interest through, but excluding, the redemption date.
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6400000
CY2012 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-20263000
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
14110000
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-16416000
CY2012 ddr Share Based Compensation Arrangement By Share Based Payment Award Award Expiration Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardExpirationPeriod
P10Y
CY2012 ddr Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
2305000
CY2012 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.3729
CY2012 ddr Operating Expense
OperatingExpense
338472000
CY2012 ddr Taxable Income
TaxableIncome
0
CY2012 ddr Tax Payment Made
TaxPaymentMade
1100000
CY2012 ddr Other Miscellaneous
OtherMiscellaneous
384000
CY2012 ddr Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRateMaximum
0.047 pure
CY2012 ddr Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRateMinimum
0.036 pure
CY2012 ddr Disposal Group Including Discontinued Operation Expenses
DisposalGroupIncludingDiscontinuedOperationExpenses
29528000
CY2012 ddr Capitalized Costs
CapitalizedCosts
10500000
CY2012 ddr Other Income Expense
OtherIncomeExpense
-237000000
CY2012 ddr Return Of Capital
ReturnOfCapital
112612000
CY2012 ddr Number Of Properties Sold
NumberOfPropertiesSold
29 Property
CY2012 ddr Mortgage Loan On Real Estate Maturity Date
MortgageLoanOnRealEstateMaturityDate
September 2011
CY2012 ddr Maximum Period Space In Shopping Centers Leased
MaximumPeriodSpaceInShoppingCentersLeased
P30Y
CY2012 ddr Number Of Subsequent Taxable Years
NumberOfSubsequentTaxableYears
P4Y
CY2012 ddr Minimum Period Space In Shopping Centers Leased
MinimumPeriodSpaceInShoppingCentersLeased
P1M
CY2012 ddr Number Of Years Company Distributed Sufficient Taxable Income
NumberOfYearsCompanyDistributedSufficientTaxableIncome
P3Y
CY2012 ddr Long Term Ground Leases Expiration Period
LongTermGroundLeasesExpirationPeriod
2070
CY2012 ddr Related Party Transaction Maturity
RelatedPartyTransactionMaturity
2017
CY2012 ddr Number Of Existing Retail Properties
NumberOfExistingRetailProperties
10 Property
CY2012 ddr Number Of Mortgage Loans On Real Estate Related To Loan Loss Reserve
NumberOfMortgageLoansOnRealEstateRelatedToLoanLossReserve
1
CY2012 ddr Number Of Shopping Centers
NumberOfShoppingCenters
6 Store
CY2012 ddr Share Based Compensation Related To Accelerated Vesting Awards
ShareBasedCompensationRelatedToAcceleratedVestingAwards
200000
CY2012 ddr Shares Outstanding Value Under Equity Deferred Compensation Plan
SharesOutstandingValueUnderEquityDeferredCompensationPlan
7200000
CY2012 ddr Stock Vested During Period Value Restricted Stock Award
StockVestedDuringPeriodValueRestrictedStockAward
-2936000
CY2012 ddr Taxable Income Loss Before Adjustments
TaxableIncomeLossBeforeAdjustments
48943000
CY2012 ddr Tax Depreciation And Amortization
TaxDepreciationAndAmortization
185230000
CY2012 ddr Undeveloped Land
UndevelopedLand
20100000
CY2012 ddr Settlement Of Accreted Debt Discount On Repurchase Of Convertible Senior Notes
SettlementOfAccretedDebtDiscountOnRepurchaseOfConvertibleSeniorNotes
17294000
CY2012 ddr Segment Reporting Information Unallocated Expense
SegmentReportingInformationUnallocatedExpense
312523000
CY2012 ddr Repayments Of Advances To Joint Venture Advances Net
RepaymentsOfAdvancesToJointVentureAdvancesNet
-149921000
CY2012 ddr Reduction Of Non Controlling Interests Due To Deconsolidation
ReductionOfNonControllingInterestsDueToDeconsolidation
0
CY2012 ddr Reduction Of Non Controlling Interests From Adoption Of Asc Eight One Zero
ReductionOfNonControllingInterestsFromAdoptionOfAscEightOneZero
0
CY2012 ddr Repayment Of Mortgage Debt
RepaymentOfMortgageDebt
246200000
CY2012 ddr Proceeds From Issuance Of Common Stock From Open Market Sales
ProceedsFromIssuanceOfCommonStockFromOpenMarketSales
493200000
CY2012 ddr Previously Deferred Gains And Other Gains And Losses On Dispositions
PreviouslyDeferredGainsAndOtherGainsAndLossesOnDispositions
300000
CY2012 ddr Real Estate Developed Or Acquired Net Of Liabilities Assumed
RealEstateDevelopedOrAcquiredNetOfLiabilitiesAssumed
586904000
CY2012 ddr Miscellaneous Differences
MiscellaneousDifferences
2755000
CY2012 ddr Mortgage Loans On Real Estate Accretion Of Discount
MortgageLoansOnRealEstateAccretionOfDiscount
826000
CY2012 ddr Mortgage Loans On Real Estate Interest
MortgageLoansOnRealEstateInterest
876000
CY2012 ddr Mortgages And Liabilities Assumed Of Previously Unconsolidated Joint Ventures
MortgagesAndLiabilitiesAssumedOfPreviouslyUnconsolidatedJointVentures
246200000
CY2012 ddr Net Book Value Of Investments And Real Estate Collateralizing Mortgages Payable
NetBookValueOfInvestmentsAndRealEstateCollateralizingMortgagesPayable
2200000000
CY2012 ddr Net Loss Income Attributable To Common Shareholders After Allocation To Participating Securities
NetLossIncomeAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-61385000
CY2012 ddr Otto Shares And Warrant Valuation
OttoSharesAndWarrantValuation
0
CY2012 ddr Out Of Period Adjustment Attributable To Purchase Price Allocation
OutOfPeriodAdjustmentAttributableToPurchasePriceAllocation
1500000
CY2012 ddr Amount By Which Other Assets Increased
AmountByWhichOtherAssetsIncreased
4400000
CY2012 ddr Ancillary And Other Property Income
AncillaryAndOtherPropertyIncome
27665000
CY2012 ddr Book Depreciation And Amortization
BookDepreciationAndAmortization
247084000
CY2012 ddr Basic Loss Income From Continuing Operations
BasicLossIncomeFromContinuingOperations
-44969000
CY2012 ddr Basic Loss Income From Continuing Operations Attributable To Common Shareholders
BasicLossIncomeFromContinuingOperationsAttributableToCommonShareholders
-43855000
CY2012 ddr Compensation Expense
CompensationExpense
11325000
CY2012 ddr Consolidation Of Net Assets Of Previously Unconsolidated Joint Ventures
ConsolidationOfNetAssetsOfPreviouslyUnconsolidatedJointVentures
383000000
CY2012 ddr Cost Of Early Extinguishment Of Debt
CostOfEarlyExtinguishmentOfDebt
400000
CY2012 ddr Debt Extinguishment Costs Net
DebtExtinguishmentCostsNet
0
CY2012 ddr Deferred Compensation Arrangement For Vested Restricted Stock Recorded In Equity
DeferredCompensationArrangementForVestedRestrictedStockRecordedInEquity
1800000
CY2012 ddr Deconsolidation Of Net Assets From Adoption Of Asc Eight One Zero
DeconsolidationOfNetAssetsFromAdoptionOfAscEightOneZero
0
CY2012 ddr Deferred Income
DeferredIncome
8471000
CY2012 ddr Assets Marketed For Sale
AssetsMarketedForSale
75200000
CY2012 ddr Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-16416000
CY2012 ddr Changes In Land Under Development And Construction In Progress
ChangesInLandUnderDevelopmentAndConstructionInProgress
-3188000
CY2012 ddr Commitments For Construction Of Properties
CommitmentsForConstructionOfProperties
34900000
CY2012 ddr Company Share Of Impairment Charges Reclassified To Discontinued Operations
CompanyShareOfImpairmentChargesReclassifiedToDiscontinuedOperations
500000
CY2012 ddr Equity Derivative Liability Affiliate
EquityDerivativeLiabilityAffiliate
0
CY2012 ddr Earnings Attributable To Unvested Shares And Operating Partnership Units
EarningsAttributableToUnvestedSharesAndOperatingPartnershipUnits
1114000
CY2012 ddr Dividends Declared Preferred Stock
DividendsDeclaredPreferredStock
28691000
CY2012 ddr Dividends Designated From Following Periods
DividendsDesignatedFromFollowingPeriods
7030000
CY2012 ddr Dividends Designated To Prior Periods
DividendsDesignatedToPriorPeriods
6967000
CY2012 ddr Dividends Paid
DividendsPaid
153617000
CY2012 ddr Differences From Subsidiary Reit Investments
DifferencesFromSubsidiaryReitInvestments
480000
CY2012 ddr Diluted Loss Income From Continuing Operations
DilutedLossIncomeFromContinuingOperations
44969000
CY2012 ddr Diluted Net Loss From Discontinued Operations Attributable To Common Shareholders After Allocation To Participating Securities
DilutedNetLossFromDiscontinuedOperationsAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-61385000
CY2012 ddr Distributions Of Proceeds From Sale And Refinancing Of Joint Venture Interests
DistributionsOfProceedsFromSaleAndRefinancingOfJointVentureInterests
18120000
CY2012 ddr Dividend Paid Deduction
DividendPaidDeduction
48943000
CY2012 ddr Fair Value Adjustment For Warrants
FairValueAdjustmentForWarrants
0
CY2012 ddr Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
78127000
CY2012 ddr Future Amortization Income Year Five
FutureAmortizationIncomeYearFive
2100000
CY2012 ddr Future Amortization Income Year Four
FutureAmortizationIncomeYearFour
1400000
CY2012 ddr Future Amortization Income Year One
FutureAmortizationIncomeYearOne
100000
CY2012 ddr Future Amortization Income Year Three
FutureAmortizationIncomeYearThree
700000
CY2012 ddr Future Amortization Income Year Two
FutureAmortizationIncomeYearTwo
500000
CY2012 ddr Foreclosure Of Note Receivable And Transfer Of Collateral
ForeclosureOfNoteReceivableAndTransferOfCollateral
0
CY2012 ddr Management Development And Other Fee Income
ManagementDevelopmentAndOtherFeeIncome
43811000
CY2012 ddr Land Held For Development
LandHeldForDevelopment
10100000
CY2012 ddr Impairment Charges Reclassified To Discontinued Operations
ImpairmentChargesReclassifiedToDiscontinuedOperations
46800000
CY2012 ddr Impairment Charges Including Investments
ImpairmentChargesIncludingInvestments
153142000
CY2012 ddr Impairment Charges Related To Consolidated Real Estate Investment
ImpairmentChargesRelatedToConsolidatedRealEstateInvestment
126500000
CY2012 ddr Impairment Of Assets Formerly Occupied By Major Tenant
ImpairmentOfAssetsFormerlyOccupiedByMajorTenant
0
CY2012 ddr Income Loss Net
IncomeLossNet
1700000
CY2012 ddr Impairments Sold Assets Or Assets Held For Sale In Discontinued Operations
ImpairmentsSoldAssetsOrAssetsHeldForSaleInDiscontinuedOperations
21100000
CY2012 ddr Impairment Charges And Loan Loss Reserves
ImpairmentChargesAndLoanLossReserves
130771000
CY2012 ddr Impairment Charge
ImpairmentCharge
21076000
CY2012 ddr Maximum Annual Cash Bonus As Percentage Of Base Salary And Cash Bonus
MaximumAnnualCashBonusAsPercentageOfBaseSalaryAndCashBonus
0.03 pure
CY2012 ddr Maximum Contribution By Employer Under Defined Contribution Plan As Percentage Of Base Salary And Cash Bonus
MaximumContributionByEmployerUnderDefinedContributionPlanAsPercentageOfBaseSalaryAndCashBonus
0.06 pure
CY2012 ddr Fixed Interest Rates On Mortgage Payables Maximum
FixedInterestRatesOnMortgagePayablesMaximum
0.098 pure
CY2012 ddr Fixed Interest Rates On Mortgage Payables Minimum
FixedInterestRatesOnMortgagePayablesMinimum
0.034 pure
CY2012 ddr Equity Method Investment Percentage Return On Capital Advances
EquityMethodInvestmentPercentageReturnOnCapitalAdvances
0.085 pure
CY2012 ddr Defined Contribution Plan Employee Contribution Maximum
DefinedContributionPlanEmployeeContributionMaximum
0.50 pure
CY2012 ddr Defined Contribution Plan Employer Contribution Maximum
DefinedContributionPlanEmployerContributionMaximum
0.50 pure
CY2012 ddr Percentage Of Distributed Taxable Income To Qualify As Reit
PercentageOfDistributedTaxableIncomeToQualifyAsReit
0.90 pure
CY2012 ddr Quantitative Threshold Of Revenues Profit Or Loss And Assets For Identifying Reportable Segments
QuantitativeThresholdOfRevenuesProfitOrLossAndAssetsForIdentifyingReportableSegments
0.10 pure
CY2012 ddr Vesting Percentage Of Employer Contribution
VestingPercentageOfEmployerContribution
0.20 pure
CY2012 ddr Ordinary Dividends
OrdinaryDividends
0
CY2012 ddr Average Price Per Common Share
AveragePricePerCommonShare
13.98
CY2012 ddr Capital Gain Distributions
CapitalGainDistributions
0.0671
CY2012 ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.05
CY2012 ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.05
CY2012 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.4400
CY2012 ddr Vesting Of Restricted Stock Under Equity Deferred Compensation Plan
VestingOfRestrictedStockUnderEquityDeferredCompensationPlan
100000 shares
CY2012 ddr Shares Outstanding Under Directors Deferred Compensation Plan
SharesOutstandingUnderDirectorsDeferredCompensationPlan
400000 shares
CY2012 ddr Shares Outstanding Under Equity Deferred Compensation Plan
SharesOutstandingUnderEquityDeferredCompensationPlan
500000 shares
CY2012 ddr Deferred Compensation Employer Contribution Vesting
DeferredCompensationEmployerContributionVesting
20% per year
CY2012 ddr Matching Contribution To Participant
MatchingContributionToParticipant
The difference between (a) 3% of the sum of the participant's base salary and annual performance-based bonus deferred under the 401(k) plan and the deferred compensation combined and (b) the actual employer matching contribution under the 401(k) plan.
CY2012 ddr Permitted Deferral Percentage
PermittedDeferralPercentage
100% of base salaries
CY2012 ddr Period For Beginning Of Vesting
PeriodForBeginningOfVesting
One year after the date of grant
CY2012 ddr Gross Fees Paid For Revolving Credit Facilities And Term Loans
GrossFeesPaidForRevolvingCreditFacilitiesAndTermLoans
3000000
CY2012 ddr New Mortgage Loans
NewMortgageLoans
10239000
CY2012 ddr Net Cash Paid For Interest Rate Hedging Contracts
NetCashPaidForInterestRateHedgingContracts
4689000
CY2010Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2010-04-06
CY2010Q1 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.0200
CY2012 ddr Decrease In Real Estate Asset Net Due To Deconsolidation Of Assets
DecreaseInRealEstateAssetNetDueToDeconsolidationOfAssets
0
CY2012 ddr Number Of Joint Ventures Assets Acquired
NumberOfJointVenturesAssetsAcquired
5 Assets
CY2012 ddr Companys Proportionate Share Of Impairment Charges
CompanysProportionateShareOfImpairmentCharges
600000
CY2012 ddr Deemed Dividends On Convertible Debt
DeemedDividendsOnConvertibleDebt
7875000
CY2012 ddr Tax Restructuring Of Investments
TaxRestructuringOfInvestments
10900000
CY2012 ddr Puerto Rico Loss Carryforwards
PuertoRicoLossCarryforwards
30000000
CY2012 ddr Capital Gains
CapitalGains
48943000
CY2012 ddr Summary Of Equity Method Joint Ventures With Zero Basis
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<div> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company has a zero basis in the following equity method joint ventures at December&#xA0;31, 2012, and has no intent or obligation to fund any further capital:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="44%"></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="4%"></td> <td width="41%"></td> </tr> <tr> <td valign="bottom" nowrap="nowrap"> <p style="BORDER-BOTTOM: #000000 1px solid; WIDTH: 126pt"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Unconsolidated Real Estate Ventures</b></font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Effective<br /> Ownership<br /> Percentage<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(A)</sup></b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom" align="center"> <p style="BORDER-BOTTOM: #000000 1px solid; WIDTH: 47pt" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Assets Owned</b></font></p> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Coventry II Joint Ventures</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Times New Roman" size="2">0.0&#xA0;&#x2013;&#xA0;20.0%</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">40 retail sites/centers in several states</font></td> </tr> </table> <p style="BORDER-BOTTOM: #000000 0.5pt solid; LINE-HEIGHT: 8px; MARGIN-TOP: 0px; WIDTH: 10%; MARGIN-BOTTOM: 2px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">(A)</font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Ownership may be held through different investment structures. Percentage ownerships are subject to change, as certain investments contain promoted structures.</font></td> </tr> </table> </div>
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
-13383000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2012 ddr Payments Of Preferred Stock Issuance Costs
PaymentsOfPreferredStockIssuanceCosts
845000
CY2012 ddr Income Loss From Discontinued Operations Available To Common Stockholders Basic
IncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
-16416000
CY2011Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2011-07-06
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
276067000 shares
CY2011Q2 us-gaap Real Estate Revenue Net
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185946000
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-26871000
CY2011Q2 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.0400
CY2012 ddr Number Of Joint Ventures Acquired
NumberOfJointVenturesAcquired
3 Joint_Ventures
CY2012 ddr Premium On Senior Notes
PremiumOnSeniorNotes
13835000
CY2010Q1 ddr Ordinary Dividends
OrdinaryDividends
0
CY2010Q1 ddr Capital Gain Distributions
CapitalGainDistributions
0.0000
CY2010Q1 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.0200
CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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255966000 shares
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2011Q1 us-gaap Net Income Loss
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35312000
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2011Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2011-04-05
CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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262581000 shares
CY2011Q1 us-gaap Real Estate Revenue Net
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188247000
CY2011Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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24745000
CY2011Q1 ddr Return Of Capital Per Share
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0.0400
CY2011Q1 ddr Volatility Assumptions
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0.366 pure
CY2011Q1 ddr Ordinary Dividends
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0
CY2011Q1 ddr Capital Gain Distributions
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0.0000
CY2011Q1 ddr Dividends Paid Per Share
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0.0400
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2010-07-07
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0.0200
CY2010Q2 ddr Ordinary Dividends
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0
CY2010Q2 ddr Capital Gain Distributions
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0.0000
CY2010Q2 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.0200
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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274299000 shares
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0
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0.0000
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-0.08
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CY2012Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2012-04-03
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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275214000 shares
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-22023000
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0.1017
CY2012Q1 ddr Ordinary Dividends
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0
CY2012Q1 ddr Capital Gain Distributions
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0.0183
CY2012Q1 ddr Dividends Paid Per Share
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0.1200
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2012Q2 us-gaap Earnings Per Share Basic
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CY2012Q2 us-gaap Earnings Per Share Diluted
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-0.16
CY2012Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2012-07-06
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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280390000 shares
CY2012Q2 us-gaap Real Estate Revenue Net
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193778000
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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-44467000
CY2012Q2 ddr Return Of Capital Per Share
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0.1017
CY2012Q2 ddr Ordinary Dividends
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0
CY2012Q2 ddr Capital Gain Distributions
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0.0183
CY2012Q2 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.1200
CY2010Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2010-10-05
CY2010Q3 ddr Return Of Capital Per Share
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0.0200
CY2010Q3 ddr Ordinary Dividends
OrdinaryDividends
0
CY2010Q3 ddr Capital Gain Distributions
CapitalGainDistributions
0.0000
CY2010Q3 ddr Dividends Paid Per Share
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0.0200
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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274639000 shares
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2011Q3 us-gaap Net Income Loss
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CY2011Q3 us-gaap Earnings Per Share Diluted
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-0.18
CY2011Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2011-10-11
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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274639000 shares
CY2011Q3 us-gaap Real Estate Revenue Net
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186279000
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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-49956000
CY2011Q3 ddr Return Of Capital Per Share
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0.0600
CY2011Q3 ddr Ordinary Dividends
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0
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0.0000
CY2011Q3 ddr Dividends Paid Per Share
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0.0600
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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302232000 shares
CY2012Q3 us-gaap Earnings Per Share Basic
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0.04
CY2012Q3 us-gaap Net Income Loss
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26738000
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0.04
CY2012Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2012-10-02
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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302924000 shares
CY2012Q3 us-gaap Real Estate Revenue Net
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204119000
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13253000
CY2012Q3 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.1017
CY2012Q3 ddr Ordinary Dividends
OrdinaryDividends
0
CY2012Q3 ddr Capital Gain Distributions
CapitalGainDistributions
0.0183
CY2012Q3 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.1200
CY2009Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2010-01-06
CY2009Q4 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.0200
CY2009Q4 ddr Ordinary Dividends
OrdinaryDividends
0
CY2009Q4 ddr Capital Gain Distributions
CapitalGainDistributions
0.0000
CY2009Q4 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.0200
CY2010Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2011-01-05
CY2010Q4 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.0200
CY2010Q4 ddr Lease Liability Charge
LeaseLiabilityCharge
3000000
CY2010Q4 ddr Impairment Charge Related To Abandoned Development Project
ImpairmentChargeRelatedToAbandonedDevelopmentProject
19300000
CY2010Q4 ddr Ordinary Dividends
OrdinaryDividends
0
CY2010Q4 ddr Capital Gain Distributions
CapitalGainDistributions
0.0000
CY2010Q4 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.0200
CY2011Q4 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
54300000
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
274718000 shares
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
5206000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2011Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2012-01-06
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
274718000 shares
CY2011Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
189357000
CY2011Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1761000
CY2011Q4 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.0678
CY2011Q4 ddr Impairment Charges Including Investments
ImpairmentChargesIncludingInvestments
47400000
CY2011Q4 ddr Ordinary Dividends
OrdinaryDividends
0
CY2011Q4 ddr Capital Gain Distributions
CapitalGainDistributions
0.0122
CY2011Q4 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.0800
CY2012Q4 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
400000
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307873000 shares
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-4000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2012Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2013-01-04
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
307873000 shares
CY2012Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
210870000
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7034000
CY2012Q4 ddr Return Of Capital Per Share
ReturnOfCapitalPerShare
0.0000
CY2012Q4 ddr Impairment Charges Including Investments
ImpairmentChargesIncludingInvestments
20600000
CY2012Q4 ddr Ordinary Dividends
OrdinaryDividends
0
CY2012Q4 ddr Capital Gain Distributions
CapitalGainDistributions
0.0000
CY2012Q4 ddr Dividends Paid Per Share
DividendsPaidPerShare
0.0000

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