2013 Q2 Form 10-Q Financial Statement

#000119312513326429 Filed on August 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $197.7M $185.3M
YoY Change 6.7% -0.37%
Cost Of Revenue $56.20M $53.50M
YoY Change 5.05% -9.32%
Gross Profit $139.4M $131.7M
YoY Change 5.85% 3.13%
Gross Profit Margin 70.52% 71.09%
Selling, General & Admin $20.10M $19.10M
YoY Change 5.24% 6.11%
% of Gross Profit 14.42% 14.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $139.5M $60.80M
YoY Change 129.44% 15.15%
% of Gross Profit 100.07% 46.17%
Operating Expenses $159.9M $178.5M
YoY Change -10.41% 152.14%
Operating Profit $134.9M $93.56M
YoY Change 44.22% 64.43%
Interest Expense $53.63M $53.69M
YoY Change -0.11% -230.3%
% of Operating Profit 39.74% 57.38%
Other Income/Expense, Net -$45.93M -$62.91M
YoY Change -26.98%
Pretax Income $1.706M -$8.144M
YoY Change -120.95% -168.44%
Income Tax $1.703M $367.0K
% Of Pretax Income 99.82%
Net Earnings -$23.31M -$37.50M
YoY Change -37.83% 180.21%
Net Earnings / Revenue -11.79% -20.24%
Basic Earnings Per Share -$0.11 -$0.16
Diluted Earnings Per Share -$0.11 -$0.16
COMMON SHARES
Basic Shares Outstanding 317.0M 280.4M shares
Diluted Shares Outstanding 317.0M 280.4M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.00M $19.00M
YoY Change 121.05% 26.67%
Cash & Equivalents $41.72M $18.51M
Short-Term Investments
Other Short-Term Assets $18.00M $12.00M
YoY Change 50.0% -7.69%
Inventory
Prepaid Expenses
Receivables $114.0M $104.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $174.0M $135.0M
YoY Change 28.89% -4.93%
LONG-TERM ASSETS
Property, Plant & Equipment $7.002B $6.678B
YoY Change 4.85% -2.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $597.0M $562.0M
YoY Change 6.23% 35.1%
Other Assets $67.00M $68.00M
YoY Change -1.47% 25.93%
Total Long-Term Assets $7.959B $7.449B
YoY Change 6.84% -1.01%
TOTAL ASSETS
Total Short-Term Assets $174.0M $135.0M
Total Long-Term Assets $7.959B $7.449B
Total Assets $8.133B $7.584B
YoY Change 7.24% -1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $310.0M $226.0M
YoY Change 37.17% 63.77%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $360.0M $267.0M
YoY Change 34.83% 71.15%
LONG-TERM LIABILITIES
Long-Term Debt $4.444B $4.096B
YoY Change 8.5% -2.8%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $4.444B $4.096B
YoY Change 8.5% -4.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $360.0M $267.0M
Total Long-Term Liabilities $4.444B $4.096B
Total Liabilities $4.804B $4.398B
YoY Change 9.24% -2.09%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $32.01M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.36M
YoY Change
Treasury Stock Shares 850.0K shares
Shareholders Equity $3.305B $3.186B
YoY Change
Total Liabilities & Shareholders Equity $8.133B $7.584B
YoY Change 7.24% -1.08%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$23.31M -$37.50M
YoY Change -37.83% 180.21%
Depreciation, Depletion And Amortization $139.5M $60.80M
YoY Change 129.44% 15.15%
Cash From Operating Activities $110.2M $69.70M
YoY Change 58.11% -9.13%
INVESTING ACTIVITIES
Capital Expenditures -$187.1M -$82.70M
YoY Change 126.24% 224.31%
Acquisitions
YoY Change
Other Investing Activities $22.20M -$94.70M
YoY Change -123.44% -217.35%
Cash From Investing Activities -$164.9M -$177.4M
YoY Change -7.05% -421.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 77.50M 110.2M
YoY Change -29.67% -180.15%
NET CHANGE
Cash From Operating Activities 110.2M 69.70M
Cash From Investing Activities -164.9M -177.4M
Cash From Financing Activities 77.50M 110.2M
Net Change In Cash 22.80M 2.500M
YoY Change 812.0% -144.64%
FREE CASH FLOW
Cash From Operating Activities $110.2M $69.70M
Capital Expenditures -$187.1M -$82.70M
Free Cash Flow $297.3M $152.4M
YoY Change 95.08% 49.12%

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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>Use of Estimates in Preparation of Financial Statements</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 8%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses during the year. Actual results could differ from those estimates.</font></p> </div>
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us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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us-gaap Amortization Of Intangible Assets
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IncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
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ddr Mortgage Loan On Real Estate Maturity Date
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MortgageLoansOnRealEstateAccretionOfDiscount
431000
ddr Increase In Net Real Estate Assets Due To Noncash Investing Or Financing Transactions
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ddr Operating Expense
OperatingExpense
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ddr Employee Service Share Based Compensation Unrecognized Compensation Costs
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCosts
8200000
ddr Management Development And Other Fee Income
ManagementDevelopmentAndOtherFeeIncome
20900000
ddr Number Of Properties Sold
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BasicLossIncomeFromContinuingOperationsAttributableToCommonShareholders
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ddr Impairment Charges Including Investments
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ddr Land Held For Development
LandHeldForDevelopment
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ddr Number Of Shopping Centers To Be Acquired
NumberOfShoppingCentersToBeAcquired
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ddr Payments Of Preferred Stock Issuance Costs
PaymentsOfPreferredStockIssuanceCosts
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ddr Earnings Attributable To Unvested Shares And Operating Partnership Units
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722000
ddr Mortgage Loans On Real Estate Interest
MortgageLoansOnRealEstateInterest
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ddr Assets Marketed For Sale
AssetsMarketedForSale
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ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
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ddr Real Estate Developed Or Acquired Net Of Liabilities Assumed
RealEstateDevelopedOrAcquiredNetOfLiabilitiesAssumed
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ddr Undeveloped Land
UndevelopedLand
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ddr Reversal Of Previously Held Equity Interest Recorded In Investments And Advances To Joint Ventures
ReversalOfPreviouslyHeldEquityInterestRecordedInInvestmentsAndAdvancesToJointVentures
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ddr Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
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ddr Partial Redemption Value
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MortgageLoanOnRealEstateDaysDelinquent
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717000
ddr Number Of Joint Ventures Assets Acquired
NumberOfJointVenturesAssetsAcquired
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ImpairmentsSoldAssetsOrAssetsHeldForSaleInDiscontinuedOperations
5100000
ddr Impairment Charge
ImpairmentCharge
5135000
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GainLossOnChangeInControlOfInterests
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ddr Segment Reporting Information Unallocated Expense
SegmentReportingInformationUnallocatedExpense
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ddr Disposal Group Including Discontinued Operation Expenses
DisposalGroupIncludingDiscontinuedOperationExpenses
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ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
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ddr Diluted Loss Income From Continuing Operations
DilutedLossIncomeFromContinuingOperations
31783000
ddr Diluted Net Loss From Discontinued Operations Attributable To Common Shareholders After Allocation To Participating Securities
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us-gaap Common Stock Dividends Per Share Declared
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BusinessAcquisitionProFormaEarningsPerShareDiluted
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
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us-gaap Noncontrolling Interest Increase From Business Combination
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us-gaap Tenant Reimbursements
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DisposalGroupIncludingDiscontinuedOperationRevenue
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments To Acquire Notes Receivable
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us-gaap Mortgage Loans On Real Estate Other Deductions
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us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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us-gaap Real Estate Tax Expense
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us-gaap Amortization Of Intangible Assets
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6331000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
544000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-557000
ddr Basic Loss Income From Continuing Operations
BasicLossIncomeFromContinuingOperations
-15953000
ddr Income Loss From Discontinued Operations Available To Common Stockholders Basic
IncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
-51138000
ddr Mortgage Loans On Real Estate Accretion Of Discount
MortgageLoansOnRealEstateAccretionOfDiscount
407000
ddr Increase In Net Real Estate Assets Due To Noncash Investing Or Financing Transactions
IncreaseInNetRealEstateAssetsDueToNoncashInvestingOrFinancingTransactions
39100000
ddr Operating Expense
OperatingExpense
154294000
ddr Management Development And Other Fee Income
ManagementDevelopmentAndOtherFeeIncome
23000000
ddr Basic Loss Income From Continuing Operations Attributable To Common Shareholders
BasicLossIncomeFromContinuingOperationsAttributableToCommonShareholders
-15353000
ddr Impairment Charges Including Investments
ImpairmentChargesIncludingInvestments
98200000
ddr Land Held For Development
LandHeldForDevelopment
6400000
ddr Other Miscellaneous
OtherMiscellaneous
200000
ddr Net Loss Income Attributable To Common Shareholders After Allocation To Participating Securities
NetLossIncomeAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-67091000
ddr Earnings Attributable To Unvested Shares And Operating Partnership Units
EarningsAttributableToUnvestedSharesAndOperatingPartnershipUnits
600000
ddr Mortgage Loans On Real Estate Interest
MortgageLoansOnRealEstateInterest
787000
ddr Assets Marketed For Sale
AssetsMarketedForSale
16600000
ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.17
ddr Real Estate Developed Or Acquired Net Of Liabilities Assumed
RealEstateDevelopedOrAcquiredNetOfLiabilitiesAssumed
166490000
ddr Undeveloped Land
UndevelopedLand
19100000
ddr Reversal Of Previously Held Equity Interest Recorded In Investments And Advances To Joint Ventures
ReversalOfPreviouslyHeldEquityInterestRecordedInInvestmentsAndAdvancesToJointVentures
21000000
ddr Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-51138000
ddr Repayments Of Advances To Joint Venture Advances Net
RepaymentsOfAdvancesToJointVentureAdvancesNet
-149975000
ddr Non Cash Or Part Non Cash Acquisition Real Estate Assets
NonCashOrPartNonCashAcquisitionRealEstateAssets
20100000
ddr Ancillary And Other Property Income
AncillaryAndOtherPropertyIncome
12600000
ddr Distributions Of Proceeds From Sale And Refinancing Of Joint Venture Interests
DistributionsOfProceedsFromSaleAndRefinancingOfJointVentureInterests
937000
ddr Number Of Joint Ventures Assets Acquired
NumberOfJointVenturesAssetsAcquired
2 Assets
ddr Impairments Sold Assets Or Assets Held For Sale In Discontinued Operations
ImpairmentsSoldAssetsOrAssetsHeldForSaleInDiscontinuedOperations
55500000
ddr Impairment Charge
ImpairmentCharge
55466000
ddr Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
39348000
ddr Segment Reporting Information Unallocated Expense
SegmentReportingInformationUnallocatedExpense
160905000
ddr Disposal Group Including Discontinued Operation Expenses
DisposalGroupIncludingDiscontinuedOperationExpenses
68303000
ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.17
ddr Diluted Loss Income From Continuing Operations
DilutedLossIncomeFromContinuingOperations
15953000
ddr Diluted Net Loss From Discontinued Operations Attributable To Common Shareholders After Allocation To Participating Securities
DilutedNetLossFromDiscontinuedOperationsAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-67091000
ddr Payments Of Principal And Interest
PaymentsOfPrincipalAndInterest
0
CY2012 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
6
CY2012 ddr Number Of Properties Sold
NumberOfPropertiesSold
29 Property
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2012Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.120
CY2012Q2 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.17
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2012Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.28
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
280390000 shares
CY2012Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.28
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.04
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.12
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.12
CY2012Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.04
CY2012Q2 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.17
CY2012Q2 us-gaap Tenant Reimbursements
TenantReimbursements
41284000
CY2012Q2 us-gaap Percentage Rent
PercentageRent
613000
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
5721000
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-72095000
CY2012Q2 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
39348000
CY2012Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-72432000
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8144000
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-44467000
CY2012Q2 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
178513000
CY2012Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5234000
CY2012Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3656000
CY2012Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
17994000
CY2012Q2 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-47320000
CY2012Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2328000
CY2012Q2 us-gaap Profit Loss
ProfitLoss
-37380000
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-37329000
CY2012Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-12273000
CY2012Q2 us-gaap Interest Income Other
InterestIncomeOther
2328000
CY2012Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-7892000
CY2012Q2 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
130803000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
93559000
CY2012Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-83276000
CY2012Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
205357000
CY2012Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
5234000
CY2012Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3397000
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-50724000
CY2012Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-22546000
CY2012Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-62905000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-37500000
CY2012Q2 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-35052000
CY2012Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8511000
CY2012Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3232000
CY2012Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
3226000
CY2012Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
190694000
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
120000
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
1903000
CY2012Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-337000
CY2012Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2012Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19131000
CY2012Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
120000
CY2012Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
233000
CY2012Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-457000
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
1318000
CY2012Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
30151000
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
62247000
CY2012Q2 us-gaap Interest Expense
InterestExpense
53685000
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
1703000
CY2012Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
42101000
CY2012Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
24883000
CY2012Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000
CY2012Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
6967000
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
367000
CY2012Q2 ddr Basic Loss Income From Continuing Operations
BasicLossIncomeFromContinuingOperations
-10672000
CY2012Q2 ddr Disposal Group Including Discontinued Operation Expenses
DisposalGroupIncludingDiscontinuedOperationExpenses
43050000
CY2012Q2 ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.11
CY2012Q2 ddr Diluted Loss Income From Continuing Operations
DilutedLossIncomeFromContinuingOperations
10672000
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-36034000
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2305000
CY2013Q2 us-gaap Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
-21593000
CY2013Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-1525000
CY2012Q2 ddr Income Loss From Discontinued Operations Available To Common Stockholders Basic
IncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
-34103000
CY2012Q2 ddr Operating Expense
OperatingExpense
97135000
CY2012Q2 ddr Management Development And Other Fee Income
ManagementDevelopmentAndOtherFeeIncome
11200000
CY2012Q2 ddr Basic Loss Income From Continuing Operations Attributable To Common Shareholders
BasicLossIncomeFromContinuingOperationsAttributableToCommonShareholders
-10364000
CY2012Q2 ddr Impairment Charges Including Investments
ImpairmentChargesIncludingInvestments
80200000
CY2012Q2 ddr Land Held For Development
LandHeldForDevelopment
6400000
CY2012Q2 ddr Other Miscellaneous
OtherMiscellaneous
200000
CY2012Q2 ddr Net Loss Income Attributable To Common Shareholders After Allocation To Participating Securities
NetLossIncomeAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-44775000
CY2012Q2 ddr Earnings Attributable To Unvested Shares And Operating Partnership Units
EarningsAttributableToUnvestedSharesAndOperatingPartnershipUnits
308000
CY2012Q2 ddr Assets Marketed For Sale
AssetsMarketedForSale
16600000
CY2012Q2 ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.11
CY2012Q2 ddr Undeveloped Land
UndevelopedLand
19100000
CY2012Q2 ddr Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-34103000
CY2012Q2 ddr Ancillary And Other Property Income
AncillaryAndOtherPropertyIncome
6600000
CY2012Q2 ddr Impairments Sold Assets Or Assets Held For Sale In Discontinued Operations
ImpairmentsSoldAssetsOrAssetsHeldForSaleInDiscontinuedOperations
38100000
CY2012Q2 ddr Impairment Charge
ImpairmentCharge
38126000
CY2012Q2 ddr Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
39348000
CY2012Q2 ddr Segment Reporting Information Unallocated Expense
SegmentReportingInformationUnallocatedExpense
81075000
CY2012Q2 ddr Diluted Net Loss From Discontinued Operations Attributable To Common Shareholders After Allocation To Participating Securities
DilutedNetLossFromDiscontinuedOperationsAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-44775000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.135
CY2013Q2 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.11
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2013Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.12
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
316967000 shares
CY2013Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.12
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013Q2 us-gaap Forward Contract Indexed To Issuers Equity Forward Rate
ForwardContractIndexedToIssuersEquityForwardRate
18.21582
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
CY2013Q2 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.11
CY2013Q2 us-gaap Tenant Reimbursements
TenantReimbursements
46813000
CY2013Q2 us-gaap Percentage Rent
PercentageRent
720000
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1760000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-29544000
CY2013Q2 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
1066000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-29713000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17572000
CY2013Q2 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
4700000
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6595000
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-19288000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1895000
CY2013Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
22566000
CY2013Q2 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-20315000
CY2013Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
5797000
CY2013Q2 us-gaap Profit Loss
ProfitLoss
-23118000
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-242000
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
10890000
CY2013Q2 us-gaap Interest Income Other
InterestIncomeOther
5797000
CY2013Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2013Q2 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
146988000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
120681000
CY2013Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-37061000
CY2013Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
217890000
CY2013Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1525000
CY2013Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-21008000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-17447000
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-17603000
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-48124000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-23313000
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1191000
CY2013Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-2063000
CY2013Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
217087000
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
195000
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
613000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-169000
CY2013Q2 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20117000
CY2013Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
195000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-118000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-364000
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
376000
CY2013Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
34290000
CY2013Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
69887000
CY2013Q2 us-gaap Interest Expense
InterestExpense
55816000
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
471000
CY2013Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
34439000
CY2013Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
27677000
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7100000
CY2013Q2 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
5246000
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
186410000
CY2013Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7475000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1716000
CY2013Q2 ddr Basic Loss Income From Continuing Operations
BasicLossIncomeFromContinuingOperations
-34088000
CY2013Q2 ddr Income Loss From Discontinued Operations Available To Common Stockholders Basic
IncomeLossFromDiscontinuedOperationsAvailableToCommonStockholdersBasic
-2305000
CY2013Q2 ddr Operating Expense
OperatingExpense
96406000
CY2013Q2 ddr Management Development And Other Fee Income
ManagementDevelopmentAndOtherFeeIncome
10200000
CY2013Q2 ddr Basic Loss Income From Continuing Operations Attributable To Common Shareholders
BasicLossIncomeFromContinuingOperationsAttributableToCommonShareholders
-33729000
CY2013Q2 ddr Impairment Charges Including Investments
ImpairmentChargesIncludingInvestments
34900000
CY2013Q2 ddr Land Held For Development
LandHeldForDevelopment
0
CY2013Q2 ddr Other Miscellaneous
OtherMiscellaneous
200000
CY2013Q2 ddr Net Loss Income Attributable To Common Shareholders After Allocation To Participating Securities
NetLossIncomeAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-36393000
CY2013Q2 ddr Earnings Attributable To Unvested Shares And Operating Partnership Units
EarningsAttributableToUnvestedSharesAndOperatingPartnershipUnits
359000
CY2013Q2 ddr Assets Marketed For Sale
AssetsMarketedForSale
31800000
CY2013Q2 ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
-0.01
CY2013Q2 ddr Undeveloped Land
UndevelopedLand
2600000
CY2013Q2 ddr Business Acquisitions Pro Forma Income Loss From Discontinuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromDiscontinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-2305000
CY2013Q2 ddr Ancillary And Other Property Income
AncillaryAndOtherPropertyIncome
7500000
CY2013Q2 ddr Impairments Sold Assets Or Assets Held For Sale In Discontinued Operations
ImpairmentsSoldAssetsOrAssetsHeldForSaleInDiscontinuedOperations
500000
CY2013Q2 ddr Impairment Charge
ImpairmentCharge
542000
CY2013Q2 ddr Gain Loss On Change In Control Of Interests
GainLossOnChangeInControlOfInterests
1066000
CY2013Q2 ddr Segment Reporting Information Unallocated Expense
SegmentReportingInformationUnallocatedExpense
77649000
CY2013Q2 ddr Disposal Group Including Discontinued Operation Expenses
DisposalGroupIncludingDiscontinuedOperationExpenses
2002000
CY2013Q2 ddr Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
-0.01
CY2013Q2 ddr Diluted Loss Income From Continuing Operations
DilutedLossIncomeFromContinuingOperations
34088000
CY2013Q2 ddr Diluted Net Loss From Discontinued Operations Attributable To Common Shareholders After Allocation To Participating Securities
DilutedNetLossFromDiscontinuedOperationsAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
-36393000

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