Retail Properties of America (RPAI) 10-K 18 Feb 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Billions, except Share data, unless otherwise specified	Dec. 31, 2014	Feb. 13, 2015	Jun. 30, 2014
Entity Information
Entity Registrant Name	RETAIL PROPERTIES OF AMERICA, INC.
Entity Central Index Key	1222840
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$3.60
Entity Common Stock, Shares Outstanding		236,601,886

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investment properties:
Land	$1,195,369	$1,174,065
Building and other improvements	4,442,446	4,586,657
Developments in progress	42,561	43,796
Gross investment properties	5,680,376	5,804,518
Less accumulated depreciation	-1,365,471	-1,330,474
Net investment properties	4,314,905	4,474,044
Cash and cash equivalents	112,292	58,190
Investment in unconsolidated joint ventures	0	15,776
Accounts and notes receivable (net of allowances of $7,497 and $8,197, respectively)	86,013	80,818
Acquired lease intangible assets, net	125,490	129,561
Assets associated with investment properties held for sale	33,640	8,616
Other assets, net	131,520	110,571
Total assets	4,803,860	4,877,576
Liabilities:
Mortgages payable, net	1,634,465	1,684,633
Unsecured notes payable	250,000	0
Unsecured term loan	450,000	450,000
Unsecured revolving line of credit	0	165,000
Accounts payable and accrued expenses	61,129	54,457
Distributions payable	39,187	39,138
Acquired lease intangible liabilities, net	100,641	91,881
Liabilities associated with investment properties held for sale	8,203	6,603
Other liabilities	70,860	77,030
Total liabilities	2,614,485	2,568,742
Commitments and contingencies (Note 17)
Equity:
Additional paid-in capital	4,922,864	4,919,633
Accumulated distributions in excess of earnings	-2,734,688	-2,611,796
Accumulated other comprehensive loss	-537	-738
Total shareholders' equity	2,187,881	2,307,340
Noncontrolling interests	1,494	1,494
Total equity	2,189,375	2,308,834
Total liabilities and equity	4,803,860	4,877,576
7.00% Series A cumulative redeemable preferred stock
Equity:
Preferred stock	5	5
Class A common stock
Equity:
Common stock	$237	$236

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Accounts and notes receivable, allowances	$7,497	$8,197
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	10,000	10,000
7.00% Series A cumulative redeemable preferred stock
Preferred stock, dividend rate	7.00%	7.00%
Preferred stock, shares issued	5,400	5,400
Preferred stock, shares outstanding	5,400	5,400
Preferred stock, liquidation preference	$135,000	$135,000
Class A common stock
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	475,000	475,000
Common stock, shares issued	236,602	236,302
Common stock, shares outstanding	236,602	236,302

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Other Comprehensive Income (Loss) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Revenues:
Rental income	$474,684		$433,591		$422,133
Tenant recovery income	115,719		101,962		100,520
Other property income	10,211		15,955		8,518
Total revenues	600,614		551,508		531,171
Expenses:
Property operating expenses	96,798		89,067		90,516
Real estate taxes	78,773		71,191		69,232
Depreciation and amortization	215,966		222,710		208,658
Provision for impairment of investment properties	72,203		59,486		1,323
General and administrative expenses	34,229		31,533		26,878
Total expenses	497,969		473,987		396,607
Operating income	102,645		77,521		134,564
Gain on extinguishment of debt	0		0		3,879
Gain on extinguishment of other liabilities	4,258		0		0
Equity in loss of unconsolidated joint ventures, net	-2,088		-1,246		-6,307
Gain on sale of joint venture interest	0		17,499		0
Gain on change in control of investment properties	24,158		5,435		0
Interest expense (Note 10)	-133,835		-146,805		-171,295
Co-venture obligation expense	0		0		-3,300
Recognized gain on marketable securities, net	0		0		25,840
Other income, net	5,459		4,741		2,251
Income (loss) from continuing operations	597		-42,855		-14,368
Discontinued operations:
(Loss) income, net	-148		9,396		-24,063
Gain on sales of investment properties, net	655		41,279		30,141
Income from discontinued operations	507		50,675		6,078
Gain on sales of investment properties, net	42,196		5,806		7,843
Net income (loss)	43,300		13,626		-447
Net income (loss) attributable to the Company	43,300		13,626		-447
Preferred stock dividends	-9,450		-9,450		-263
Net income (loss) attributable to common shareholders	33,850		4,176		-710
Earnings (loss) per common share b basic and diluted:
Continuing operations	$0.14		($0.20)		($0.03)
Discontinued operations	$0		$0.22		$0.03
Net income per common share attributable to common shareholders	$0.14		$0.02		$0
Net income (loss)	43,300		13,626		-447
Other comprehensive income (loss):
Net unrealized gain on derivative instruments (Note 10)	201		516		108
Net unrealized gain on marketable securities	0		0		4,748
Reversal of unrealized gain to recognized gain on marketable securities	0		0		-25,840
Comprehensive income (loss)	43,501		14,142		-21,431
Comprehensive income (loss) attributable to the Company	$43,501		$14,142		($21,431)
Weighted average number of common shares outstanding b basic	236,184	[1]	234,134	[2]	220,464	[3]
Weighted average number of common shares outstanding b diluted	236,187		234,134		220,464
[1]	Excluded from this weighted average amount are 396 shares of unvested restricted common stock, which equate to 364 shares on a weighted average basis for the year ended DecemberB 31, 2014. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[2]	Excluded from this weighted average amount are 152 shares of unvested restricted common stock, which equate to 106 shares on a weighted average basis for the year ended DecemberB 31, 2013. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[3]	Excluded from this weighted average amount are 46 shares of unvested restricted common stock, which equate to 40 shares on a weighted average basis for the year ended DecemberB 31, 2012. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (USD $)	Total	Preferred stock	Common stock	Common stock	Additional paid-in capital	Accumulated distributions in excess of earnings	Accumulated other comprehensive income (loss)	Total shareholders' equity	Noncontrolling interests
In Thousands, unless otherwise specified		7.00% Series A cumulative redeemable preferred stock	Class A common stock	Class B common stock
Balance at Dec. 31, 2011	$2,136,518		$48	$146	$4,427,977	($2,312,877)	$19,730	$2,135,024	$1,494
Balance (in shares) at Dec. 31, 2011			48,382	145,147
Increase (Decrease) in Shareholders' Equity
Net income (loss)	-447					-447		-447
Other comprehensive income (loss)	-20,984						-20,984	-20,984
Distributions declared to common shareholders	-146,769					-146,769		-146,769
Issuance of common stock, net of offering costs	266,491		37		266,454			266,491
Issuance of common stock, net of offering costs (in shares)			36,570
Redemption of fractional shares of common stock	-1,253				-1,253			-1,253
Redemption of fractional shares of common stock (in shares)			-39	-118
Issuance of preferred stock, net of offering costs	130,294	5			130,289			130,294
Issuance of preferred stock, net of offering costs (in shares)		5,400
Distribution reinvestment program (DRP)	11,626				11,626			11,626
Distribution reinvestment program (DRP) (in shares)			167	502
Issuance of restricted common stock			0
Issuance of restricted common stock (in shares)			8	24
Conversion of Class B common stock to Class A common stock			48	-48
Conversion of Class B common stock to Class A common stock (in shares)	48,518		48,518	-48,518
Stock based compensation expense, net of shares withheld for employee taxes and forfeitures	277				277			277
Balance at Dec. 31, 2012	2,375,753	5	133	98	4,835,370	-2,460,093	-1,254	2,374,259	1,494
Balance (in shares) at Dec. 31, 2012		5,400	133,606	97,037
Increase (Decrease) in Shareholders' Equity
Net income (loss)	13,626					13,626		13,626
Other comprehensive income (loss)	516						516	516
Distributions declared to preferred shareholders	-9,713					-9,713		-9,713
Distributions declared to common shareholders	-155,616					-155,616		-155,616
Issuance of common stock, net of offering costs	83,496		5		83,491			83,496
Issuance of common stock, net of offering costs (in shares)			5,547
Distribution reinvestment program (DRP)	0
Issuance of restricted common stock			0
Issuance of restricted common stock (in shares)			116
Conversion of Class B common stock to Class A common stock			98	-98
Conversion of Class B common stock to Class A common stock (in shares)	97,036		97,037	-97,037
Stock based compensation expense, net of shares withheld for employee taxes and forfeitures	772				772			772
Stock based compensation expense, net of shares withheld for employee taxes and forfeitures (in shares)			-4
Balance at Dec. 31, 2013	2,308,834	5	236	0	4,919,633	-2,611,796	-738	2,307,340	1,494
Balance (in shares) at Dec. 31, 2013		5,400	236,302	0
Increase (Decrease) in Shareholders' Equity
Net income (loss)	43,300					43,300		43,300
Other comprehensive income (loss)	201						201	201
Distributions declared to preferred shareholders	-9,450					-9,450		-9,450
Distributions declared to common shareholders	-156,742					-156,742		-156,742
Issuance of common stock, net of offering costs	-145				-145			-145
Distribution reinvestment program (DRP)	0
Issuance of restricted common stock	1		1					1
Issuance of restricted common stock (in shares)			303
Exercise of stock options	23				23			23
Exercise of stock options (in shares)			2
Conversion of Class B common stock to Class A common stock (in shares)	0
Stock based compensation expense, net of shares withheld for employee taxes and forfeitures	3,353				3,353			3,353
Stock based compensation expense, net of shares withheld for employee taxes and forfeitures (in shares)			-5
Balance at Dec. 31, 2014	$2,189,375	$5	$237	$0	$4,922,864	($2,734,688)	($537)	$2,187,881	$1,494
Balance (in shares) at Dec. 31, 2014		5,400	236,602	0

Consolidated_Statements_of_Equ1

Consolidated Statements of Equity (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Distributions declared to preferred shareholders (in dollars per share)	$1.75	$1.80
Distributions declared to common shareholders (in dollars per share)	$0.66	$0.66	$0.66

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income (loss)	$43,300	$13,626	($447)
Adjustments to reconcile net income (loss) to net cash provided by operating activities (including discontinued operations):
Depreciation and amortization	215,966	233,785	236,126
Provision for impairment of investment properties	72,203	92,033	25,842
Gain on sales of investment properties, net	-42,851	-47,085	-37,984
Gain on extinguishment of debt	0	-26,331	-3,879
Gain on extinguishment of other liabilities	-4,258	-3,511	0
Gain on sale of joint venture interest	0	-17,499	0
Gain on change in control of investment properties	-24,158	-5,435	0
Amortization of loan fees, mortgage debt premium and discount on debt assumed, net	4,926	10,032	-5
Premium paid in connection with the defeasance of mortgages payable	1,322	0	0
Equity in loss of unconsolidated joint ventures, net	2,088	1,246	6,307
Distributions on investments in unconsolidated joint ventures	1,360	7,105	6,168
Recognized gain on sale of marketable securities	0	0	-25,840
Payment of leasing fees and inducements	-8,523	-12,930	-43,132
Changes in accounts receivable, net	-5,762	-2,574	3,378
Changes in accounts payable and accrued expenses, net	3,220	-6,043	-9,037
Changes in other operating assets and liabilities, net	-7,499	-4,836	8,701
Other, net	2,680	8,049	887
Net cash provided by operating activities	254,014	239,632	167,085
Cash flows from investing activities:
Proceeds from sale of marketable securities	0	0	35,133
Changes in restricted escrows, net	-16,757	22,360	23,916
Purchase of investment properties	-172,989	-237,520	-2,806
Capital expenditures and tenant improvements	-44,442	-51,221	-40,772
Proceeds from sales of investment properties	315,400	326,766	453,320
Investment in developments in progress	-2,992	-1,468	-565
Proceeds from sale of joint venture interest	0	53,073	0
Investment in unconsolidated joint ventures	-25	-9,640	-13,821
Distributions of investments in unconsolidated joint ventures	0	862	17,403
Other, net	-295	0	21
Net cash provided by investing activities	77,900	103,212	471,829
Cash flows from financing activities:
Repayments of margin debt related to marketable securities	0	0	-7,541
Proceeds from mortgages and notes payable	3,541	940	319,691
Principal payments on mortgages and notes payable	-192,244	-571,870	-988,483
Proceeds from unsecured notes payable	250,000	0	0
Proceeds from credit facility	375,500	630,000	355,000
Repayments of credit facility	-540,500	-395,000	-530,000
Payment of loan fees and deposits, net	-1,615	-5,454	-6,482
Purchase of Treasury securities in connection with defeasance of mortgages payable	-6,152	0	0
Settlement of co-venture obligation	0	0	-50,000
Proceeds from issuance of common stock	0	84,835	272,081
Redemption of fractional shares of common stock	0	0	-1,253
Proceeds from issuance of preferred stock	0	0	130,747
Distributions paid, net of DRP	-166,143	-164,391	-128,391
Other, net	-199	-1,783	-2,223
Net cash used in financing activities	-277,812	-422,723	-636,854
Net increase (decrease) in cash and cash equivalents	54,102	-79,879	2,060
Cash and cash equivalents, at beginning of year	58,190	138,069	136,009
Cash and cash equivalents, at end of year	112,292	58,190	138,069
Supplemental cash flow disclosure, including non-cash activities:
Cash paid for interest	127,645	144,975	205,124
Distributions payable	39,187	39,138	38,200
Distributions reinvested	0	0	11,626
Accrued capital expenditures and tenant improvements	6,731	6,662	6,399
Developments in progress placed in service	4,047	523	929
Treasury securities transferred in connection with defeasance of mortgages payable	6,152	0	0
Defeasance of mortgages payable	4,830	0	0
Forgiveness of mortgage debt	0	19,615	27,449
Forgiveness of accrued interest, net of escrows held by the lender	0	6,716	0
Shares of Class B common stock converted to Class A common stock	0	97,036	48,518
Purchase of investment properties (after credits at closing and including acquisition of our partners' joint venture interests):
Land, building and other improvements, net	-337,906	-298,695	-2,806
Accounts receivable, acquired lease intangible and other assets	-31,116	-41,597	0
Acquired ground lease intangibles	0	14,791	0
Accounts payable, acquired lease intangible and other liabilities	25,390	13,369	0
Mortgages payable assumed, net	146,485	69,177	0
Gain on change in control of investment properties	24,158	5,435	0
Purchase of investment properties (after credits at closing and including acquisition of our partners' joint venture interests)	-172,989	-237,520	-2,806
Proceeds from sales of investment properties:
Land, building and other improvements, net	265,127	275,749	389,465
Accounts receivable, acquired lease intangible and other assets	12,053	15,928	52,064
Accounts payable, acquired lease intangible and other liabilities	-4,631	-14,368	-2,305
Mortgages payable	0	-26	0
Forgiveness of mortgage debt	0	0	-23,570
Deferred gains	0	-1,113	-318
Gain on extinguishment of other liabilities	0	3,511	0
Gain on sales of investment properties, net	42,851	47,085	37,984
Proceeds from sales of investment properties	315,400	326,766	453,320
Proceeds from sale of joint venture ownership interest:
Investment in unconsolidated joint venture	0	35,574	0
Other assets and other liabilities	0	-447	0
Deferred gain	0	447	0
Gain on sale of joint venture interest	0	17,499	0
Proceeds from sale of joint venture interest	$0	$53,073	$0

Organization_and_Basis_of_Pres

Organization and Basis of Presentation	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Basis of Presentation	Organization and Basis of Presentation
	Retail Properties of America, Inc. (the Company) was formed on March 5, 2003 to own and operate high quality, strategically located shopping centers in the United States.
	All share amounts and dollar amounts in the consolidated financial statements and notes thereto are stated in thousands with the exception of per share amounts and per square foot amounts. Square foot and per square foot amounts are unaudited.
	The Company has elected to be taxed as a real estate investment trust (REIT) under the Internal Revenue Code of 1986, as amended (the Code). The Company believes it qualifies for taxation as a REIT and, as such, the Company generally will not be subject to U.S. federal income tax on taxable income that is distributed to shareholders. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to U.S. federal income tax on its taxable income at regular corporate tax rates. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income, property or net worth and U.S. federal income and excise taxes on its undistributed income. The Company has one wholly-owned subsidiary that has jointly elected to be treated as a taxable REIT subsidiary (TRS) for U.S. federal income tax purposes. A TRS is taxed on its taxable income at regular corporate tax rates. The income tax expense incurred as a result of the TRS did not have a material impact on the Company’s accompanying consolidated financial statements.
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. For example, significant estimates and assumptions have been made with respect to useful lives of assets, capitalization of development costs, fair value measurements, provision for impairment, including estimates of holding periods, capitalization rates and discount rates (where applicable), provision for income taxes, recoverable amounts of receivables, deferred taxes and initial valuations and related amortization periods of deferred costs and intangibles, particularly with respect to property acquisitions. Actual results could differ from those estimates.
	During 2014, the Company eliminated the “Loss on lease terminations” financial statement caption in the consolidated statements of operations and other comprehensive income (loss) and reclassified the 2013 and 2012 amounts to “Rental income” or “Depreciation and amortization,” as appropriate. Loss on lease terminations, as previously reported for the year ended December 31, 2013, totaled $2,819, of which $285 was reclassified as an increase in rental income and $3,104 was reclassified as an increase in depreciation and amortization. Loss on lease terminations, as previously reported for the year ended December 31, 2012, totaled $6,102, of which $488 was reclassified as a decrease in rental income and $5,614 was reclassified as an increase in depreciation and amortization.
	The accompanying consolidated financial statements include the accounts of the Company, as well as all wholly-owned subsidiaries and consolidated joint venture investments. Wholly-owned subsidiaries generally consist of limited liability companies (LLCs), limited partnerships (LPs) and statutory trusts.
	The Company’s property ownership as of December 31, 2014 is summarized below:
		Wholly-owned	Consolidated
			Joint Ventures (a)
	Operating properties (b)	213	—
	Development properties	2	1
	(a)	The Company has a 50% ownership interest in one LLC.
	(b)	Excludes two wholly-owned properties classified as held for sale as of December 31, 2014.
	The Company consolidates certain property holding entities and other subsidiaries in which it owns less than a 100% interest if it is deemed to be the primary beneficiary in a variable interest entity (VIE). An entity is a VIE if, among other aspects, the equity investment at risk is not sufficient for the entity to finance its activities without additional subordinated financial support; or, as a group, the holders of the equity investment at risk do not possess the power to direct the activities that most substantially impact the entity’s economic performance, or possess the obligation to absorb expected losses or right to receive expected residual returns. The Company also consolidates entities that are not VIEs in which it has a controlling financial interest. Intercompany balances and transactions have been eliminated in consolidation. Investments in real estate joint ventures in which the Company has the ability to exercise significant influence, but does not have financial or operating control, are accounted for pursuant to the equity method of accounting. Accordingly, the Company’s share of the loss of these unconsolidated joint ventures is included in “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss). Refer to Note 11 for further discussion.
	Noncontrolling interest is the portion of equity in a consolidated subsidiary not attributable, directly or indirectly, to the Company. In the consolidated statements of operations and other comprehensive income (loss), revenues, expenses and net income or loss from less-than-wholly-owned consolidated subsidiaries are reported at the consolidated amounts, including both the amounts attributable to common shareholders and noncontrolling interests. Consolidated statements of equity are included in the annual financial statements, including beginning balances, activity for the period and ending balances for total shareholders’ equity, noncontrolling interests and total equity. Noncontrolling interests are adjusted for additional contributions from and distributions to noncontrolling interest holders, as well as the noncontrolling interest holders’ share of the net income or loss of each respective entity, as applicable. The Company evaluates the classification and presentation of noncontrolling interests associated with its consolidated joint venture investment on an ongoing basis as facts and circumstances necessitate.
	As of December 31, 2014, the Company is the controlling member in one less-than-wholly-owned consolidated entity. The Company is entitled to a preferred return on its capital contributions to the entity. No adjustment to the carrying value of the noncontrolling interests for contributions, distributions or allocation of net income or loss were made during the years ended December 31, 2014, 2013 and 2012.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies
	Investment Properties: Investment properties are recorded at cost less accumulated depreciation. Ordinary repairs and maintenance are expensed as incurred. Expenditures for significant improvements are capitalized.
	The Company allocates the purchase price of each acquired investment property based upon the estimated acquisition date fair value of the individual assets acquired and liabilities assumed, which generally include land, building and other improvements, in-place lease value, acquired above and below market lease intangibles, any assumed financing that is determined to be above or below market, the value of customer relationships and goodwill, if any. Acquisition transaction costs are expensed as incurred and included within “General and administrative expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	For tangible assets acquired, including land, building and other improvements, the Company considers available comparable market and industry information in estimating acquisition date fair value. The Company allocates a portion of the purchase price to the estimated acquired in-place lease value intangibles based on estimated lease execution costs for similar leases as well as lost rental payments during an assumed lease-up period. The Company also evaluates each acquired lease as compared to current market rates. If an acquired lease is determined to be above or below market, the Company allocates a portion of the purchase price to such above or below market leases based upon the present value of the difference between the contractual lease payments and estimated market rent payments over the remaining lease term. Renewal periods are included within the lease term in the calculation of above and below market lease values if, based upon factors known at the acquisition date, market participants would consider it reasonably assured that the lessee would exercise such options. Acquisition accounting fair value estimates, including the discount rate used, require the Company to consider various factors, including, but not limited to, market knowledge, demographics, age and physical condition of the property, geographic location, size and location of tenant spaces within the acquired investment property and tenant profile.
	The portion of the purchase price allocated to acquired in-place lease value intangibles is amortized on a straight-line basis over the life of the related lease as a component of depreciation and amortization expense. The Company incurred amortization expense pertaining to acquired in-place lease value intangibles of $28,977, $32,241 and $36,524 (including $0, $1,717 and $3,575, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively.
	With respect to acquired leases in which the Company is the lessor, the portion of the purchase price allocated to acquired above and below market lease intangibles is amortized on a straight-line basis over the life of the related lease as an adjustment to rental income. Amortization pertaining to above market lease value intangibles of $4,170, $3,053 and $4,026 (including $0, $25 and $150, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively, was recorded as a reduction to rental income. Amortization pertaining to below market lease value intangibles of $6,246, $4,187 and $5,339 (including $0, $183 and $409, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively, was recorded as an increase to rental income.
	With respect to acquired leases in which the Company is the lessee, the portion of the purchase price allocated to acquired above and below market lease intangibles is amortized on a straight-line basis over the life of the related lease as an adjustment to property operating expenses. Amortization pertaining to above market lease value intangibles of $560 and $93 for the years ended December 31, 2014 and 2013, respectively, was recorded as a reduction to property operating expenses. No amortization pertaining to above or below market lease value intangibles was recorded for the year ended December 31, 2012.
	The following table presents the amortization during the next five years and thereafter related to the acquired lease intangible assets and liabilities for properties owned as of December 31, 2014:
			2015			2016			2017			2018			2019			Thereafter			Total
	Amortization of:
	Acquired above market lease intangibles (a)		$	4,145		$	3,614		$	3,138		$	2,626		$	1,580		$	3,546		$	18,649
	Acquired in-place lease value intangibles (a)		21,261			17,563			14,211			11,190			8,468			34,148			106,841
	Acquired lease intangible assets, net (b)		$	25,406		$	21,177		$	17,349		$	13,816		$	10,048		$	37,694		$	125,490
	Acquired below market lease intangibles (a)		$	(5,191	)	$	(4,753	)	$	(4,612	)	$	(4,445	)	$	(4,248	)	$	(63,254	)	$	(86,503	)
	Acquired ground lease intangibles (c)		(560		)	(560		)	(560		)	(560		)	(560		)	(11,338		)	(14,138		)
	Acquired lease intangible liabilities, net (b)		$	(5,751	)	$	(5,313	)	$	(5,172	)	$	(5,005	)	$	(4,808	)	$	(74,592	)	$	(100,641	)
	(a)	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessor. The amortization of acquired above and below market lease intangibles is recorded as an adjustment to rental income and the amortization of acquired in-place lease value intangibles is recorded to depreciation and amortization expense.
	(b)	Acquired lease intangible assets, net and acquired lease intangible liabilities, net are presented net of $302,110 and $45,479 of accumulated amortization, respectively, as of December 31, 2014.
	(c)	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessee. The amortization is recorded as an adjustment to property operating expenses.
	Depreciation expense is computed using the straight-line method. Building and other improvements are depreciated based upon estimated useful lives of 30 years for building and associated improvements and 15 years for site improvements and most other capital improvements. Tenant improvements and leasing fees are amortized on a straight-line basis over the life of the related lease as a component of depreciation and amortization expense.
	Impairment of Long-Lived Assets and Unconsolidated Joint Ventures: The Company’s investment properties, including developments in progress, are reviewed for potential impairment at the end of each reporting period or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. At the end of each reporting period, the Company separately determines whether impairment indicators exist for each property. Examples of situations considered to be impairment indicators for both operating properties and developments in progress include, but are not limited to:
	•	a substantial decline in or continued low occupancy rate or cash flow;
	•	expected significant declines in occupancy in the near future;
	•	continued difficulty in leasing space;
	•	a significant concentration of financially troubled tenants;
	•	a change in anticipated holding period;
	•	a cost accumulation or delay in project completion date significantly above and beyond the original development estimate;
	•	a significant decrease in market price not in line with general market trends; and
	•	any other quantitative or qualitative events or factors deemed significant by the Company’s management or board of directors.
	If the presence of one or more impairment indicators as described above is identified at the end of a reporting period or at any point throughout the year with respect to a property, the asset is tested for recoverability by comparing its carrying value to the estimated future undiscounted cash flows. An investment property is considered to be impaired when the estimated future undiscounted cash flows are less than its current carrying value. When performing a test for recoverability or estimating the fair value of an impaired investment property, the Company makes certain complex or subjective assumptions which include, but are not limited to:
	•	projected operating cash flows considering factors such as vacancy rates, rental rates, lease terms, tenant financial strength, competitive positioning and property location;
	•	estimated holding period or various potential holding periods when considering probability-weighted scenarios;
	•	projected capital expenditures and lease origination costs;
	•	estimated dates of construction completion and grand opening for developments in progress;
	•	projected cash flows from the eventual disposition of an operating property or development in progress using a property-specific capitalization rate;
	•	comparable selling prices; and
	•	a property-specific discount rate.
	The Company did not have any unconsolidated joint ventures as of December 31, 2014. When the Company holds investments in unconsolidated joint ventures, they are reviewed for potential impairment, in addition to impairment evaluations of the individual assets underlying these investments, each reporting period or whenever events or changes in circumstances warrant such an evaluation.
	To determine whether any identified impairment is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying value is fully recovered. To the extent impairment has occurred, the Company will record an impairment charge calculated as the excess of the carrying value of the asset over its estimated fair value.
	Below is a summary of impairment charges recorded during the years ended December 31, 2014, 2013 and 2012:
			Year Ended December 31,
			2014			2013			2012
	Impairment of consolidated properties (a)		$	72,203		$	92,033		$	25,842
	Impairment of investment in unconsolidated joint ventures (b)		$	—		$	1,834		$	—
	Impairment of properties recorded at unconsolidated joint ventures (c)		$	—		$	286		$	1,527
	(a)	Included in “Provision for impairment of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss), except for $32,547 and $24,519, which is included in discontinued operations in 2013 and 2012, respectively.
	(b)	Included in “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the aggregate impairment charge recorded to write down the Company’s investment in its Hampton Retail Colorado, L.L.C. (Hampton) joint venture, which was dissolved during 2013. See Note 11 for further discussion.
	(c)	Reflected within “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the Company’s proportionate share of property-level impairment charges recorded at its unconsolidated joint ventures.
	The Company’s assessment of impairment as of December 31, 2014 was based on the most current information available to the Company. If the operating conditions mentioned above deteriorate or if the Company’s expected holding period for assets change, subsequent tests for impairment could result in additional impairment charges in the future. The Company can provide no assurance that material impairment charges with respect to the Company’s investment properties will not occur in 2015 or future periods. Based upon current market conditions, certain of the Company’s properties may have fair values less than their carrying amounts. However, based on the Company’s plans with respect to those properties, the Company believes that their carrying amounts are recoverable and therefore, under applicable GAAP guidance, no additional impairment charges were recorded. Accordingly, the Company will continue to monitor circumstances and events in future periods to determine whether additional impairment charges are warranted. Refer to Note 15 for further discussion.
	Development and Redevelopment Projects: The Company capitalizes direct and certain indirect project costs incurred during the development or redevelopment period such as construction, insurance, architectural, legal, interest and other financing costs, and real estate taxes. At such time as the development or redevelopment is considered substantially complete, the capitalization of certain indirect costs such as real estate taxes and interest and financing costs ceases and all project-related costs included in developments in progress are reclassified to land and building and other improvements. Development payables of $91 and $271 as of December 31, 2014 and 2013, respectively, consist of costs incurred and not yet paid pertaining to such development or redevelopment projects and are included in “Accounts payable and accrued expenses” in the accompanying consolidated balance sheets. The Company did not capitalize interest costs or real estate taxes during the years ended December 31, 2014, 2013 and 2012.
	Investment Properties Held for Sale: In determining whether to classify an investment property as held for sale, the Company considers whether: (i) management has committed to a plan to sell the investment property; (ii) the investment property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (iii) the Company has initiated a program to locate a buyer; (iv) the Company believes that the sale of the investment property is probable; (v) the Company is actively marketing the investment property for sale at a price that is reasonable in relation to its current value, and (vi) actions required for the Company to complete the plan indicate that it is unlikely that any significant changes will be made.
	If all of the above criteria are met, the Company classifies the investment property as held for sale. When these criteria are met, the Company suspends depreciation (including depreciation for tenant improvements and building improvements) and amortization of acquired in-place lease value intangibles and any above or below market lease intangibles and the Company records the investment property held for sale at the lower of cost or net realizable value. The assets and liabilities associated with those investment properties that are classified as held for sale are presented separately on the consolidated balance sheets for the most recent reporting period. There were two properties classified as held for sale as of December 31, 2014 and one property classified as held for sale as of December 31, 2013.
	Prior to the Company’s early adoption of the revised discontinued operations pronouncement in 2014, if the operations and cash flow of the property had been, or were upon consummation of such sale, eliminated from ongoing operations and the Company did not have significant continuing involvement in the operations of the property, then the operations for the periods presented were classified in the consolidated statements of operations and other comprehensive income (loss) as discontinued operations for all periods presented. However, the Company elected to early adopt the revised discontinued operations pronouncement effective January 1, 2014, which limits what qualifies for discontinued operations presentation. As a result, the investment properties that were sold or classified as held for sale during 2014, except for Riverpark Phase IIA, which was classified as held for sale as of December 31, 2013 and, therefore, qualified for discontinued operations treatment under the previous standard, did not qualify for discontinued operations presentation and, as such, are reflected in continuing operations on the consolidated statements of operations and other comprehensive income (loss). Refer to Note 4 for further discussion.
	Partially-Owned Entities: If the Company determines that it holds a financial interest in a VIE that is deemed to be a controlling financial interest, it will consolidate the entity as the primary beneficiary. The Company assesses its interests in variable interest entities on an ongoing basis to determine whether or not it is a primary beneficiary. Partially-owned, non-variable interest joint ventures in which the Company has a controlling financial interest are consolidated. Partially-owned, non-variable interest joint ventures in which the Company does not have a controlling financial interest, but has the ability to exercise significant influence, will not be consolidated, but rather accounted for pursuant to the equity method of accounting. Refer to Notes 1 and 11 for more information.
	Cash and Cash Equivalents: The Company considers all demand deposits, money market accounts and investments in certificates of deposit and repurchase agreements purchased with a maturity of three months or less at the date of purchase, to be cash equivalents. The Company maintains its cash and cash equivalents at major financial institutions. The cash and cash equivalent balances at one or more of these financial institutions exceeds the Federal Depository Insurance Corporation (FDIC) insurance coverage. The Company periodically assesses the credit risk associated with these financial institutions and believes that the risk of loss is minimal.
	Marketable Securities: The Company liquidated its entire investments in securities portfolio in 2012. When the Company holds investments in marketable securities, they are classified as “available-for-sale” and accordingly are carried at fair value, with unrealized gains and losses reported as a separate component of shareholders’ equity. During the year ended December 31, 2012, the Company recognized a gain on sales of marketable securities of $25,840 and an unrealized OCI gain of $4,748.
	Restricted Cash and Escrows: Restricted cash and escrows consist of lenders’ escrows and funds restricted through lender or other agreements, including funds held in escrow for future acquisitions, and are included as a component of “Other assets, net” in the accompanying consolidated balance sheets. As of December 31, 2014 and 2013, the Company had $58,469 and $40,198, respectively, in restricted cash and escrows.
	Derivative and Hedging Activities: Derivatives are recorded in the accompanying consolidated balance sheets at fair value within “Other liabilities.” The Company uses interest rate derivatives to manage differences in the amount, timing and duration of the Company’s known or expected cash payments principally related to certain of the Company’s borrowings. The Company does not use derivatives for trading or speculative purposes. On the date that the Company enters into a derivative, it may designate the derivative as a hedge against the variability of cash flows that are to be paid in connection with a recognized liability. Subsequent changes in the fair value of a derivative designated as a cash flow hedge that is determined to be highly effective are recorded in “Accumulated other comprehensive income” and are reclassified to interest expense as interest payments are made on the Company’s variable rate debt. As of December 31, 2014, the balance in accumulated other comprehensive loss relating to derivatives was $537. Any hedge ineffectiveness or changes in the fair value for any derivative not designated as a hedge is reported in “Other income, net” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	Conditional Asset Retirement Obligations: The Company evaluates the potential impact of conditional asset retirement obligations on its consolidated financial statements. The term conditional asset retirement obligation refers to a legal obligation to perform an asset retirement activity in which the timing and/or method of settlement are conditional on a future event that may or may not be within the control of the entity. Based upon the Company’s evaluation, no accrual of a liability for asset retirement obligations was warranted as of December 31, 2014 and 2013.
	Revenue Recognition: The Company commences revenue recognition on its leases based on a number of factors. In most cases, revenue recognition under a lease begins when the lessee takes possession of or controls the physical use of the leased asset. Generally, this occurs on the lease commencement date. The determination of who is the owner, for accounting purposes, of the tenant improvements determines the nature of the leased asset and when revenue recognition under a lease begins. If the Company is the owner, for accounting purposes, of the tenant improvements, then the leased asset is the finished space and revenue recognition begins when the lessee takes possession of the finished space, typically when the improvements are substantially complete. If the Company concludes that the lessee is the owner, for accounting purposes, of the tenant improvements, then the leased asset is the unimproved space and any tenant improvement allowances funded under the lease are accounted for as lease inducements which are amortized as a reduction to the revenue recognized over the term of the lease. In these circumstances, the Company commences revenue recognition when the lessee takes possession of the unimproved space for the lessee to construct their own improvements.
	The Company considers a number of factors to evaluate whether it or the lessee is the owner of the tenant improvements for accounting purposes. These factors include:
	•	whether the lease stipulates how and on what a tenant improvement allowance may be spent;
	•	whether the tenant or the Company retains legal title to the improvements;
	•	the uniqueness of the improvements;
•	the expected economic life of the tenant improvements relative to the length of the lease;
•	who constructs or directs the construction of the improvements, and
•	whether the tenant or the Company is obligated to fund cost overruns.
The determination of who owns the tenant improvements, for accounting purposes, is subject to significant judgment. In making that determination, the Company considers all of the above factors. No one factor, however, necessarily establishes its determination.
Rental income, for only those leases that have fixed and measurable rent escalations, is recognized on a straight-line basis over the term of each lease. The difference between such rental income earned and the cash rent due under the provisions of a lease is recorded as deferred rent receivable and is included as a component of “Accounts and notes receivable” in the accompanying consolidated balance sheets.
Reimbursements from tenants for recoverable real estate taxes and operating expenses are accrued as revenue in the period the applicable expenditures are incurred. The Company makes certain assumptions and judgments in estimating the reimbursements at the end of each reporting period.
The Company records lease termination income in “Other property income” upon execution of a termination letter agreement, when all of the conditions of such agreement have been fulfilled, the tenant is no longer occupying the property and collectibility is reasonably assured. Upon early lease termination, the Company provides for losses related to recognized tenant specific intangibles and other assets or adjusts the remaining useful life of the assets if determined to be appropriate. The Company recorded lease termination income of $2,667, $15,787 and $2,331 (including $0, $7,182 and $1,106, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively.
The Company recorded percentage rental income in lieu of base rent and other contingent percentage rental income of $5,229, $4,744 and $5,356 (including $0, $55 and $52, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively. The Company’s policy is to defer recognition of contingent rental income until the specified target (i.e. breakpoint) that triggers the contingent rental income is achieved.
Profits from sales of real estate are not recognized under the full accrual method until the following criteria are met: a sale is consummated; the buyer’s initial and continuing investments are adequate to demonstrate a commitment to pay for the property; the Company’s receivable, if applicable, is not subject to future subordination; the Company has transferred to the buyer the usual risks and rewards of ownership; and the Company does not have substantial continuing involvement with the property. The Company sold 24, 20 and 31 consolidated investment properties during the years ended December 31, 2014, 2013 and 2012, respectively. Refer to Note 4 for further discussion.
Accounts and Notes Receivable and Allowance for Doubtful Accounts: Accounts and notes receivable balances outstanding include base rents, tenant reimbursements and deferred rent receivables. An allowance for the uncollectible portion of accounts and notes receivable is determined on a tenant-specific basis through an analysis of balances outstanding, historical bad debt levels, tenant creditworthiness and current economic trends. Additionally, estimates of the expected recovery of pre-petition and post-petition claims with respect to tenants in bankruptcy are considered in assessing the collectibility of the related receivables. Management’s estimate of the collectibility of accounts and notes receivable is based on the best information available to management at the time of evaluation.
Rental Expense: Rental expense associated with land and office space that the Company leases under non-cancellable operating leases, for only those leases that have fixed and measurable rent escalations, is recorded on a straight-line basis over the term of each lease. The difference between rental expense incurred on a straight-line basis and rental payments due under the provisions of a lease agreement is recorded as a deferred liability and is included as a component of “Other liabilities” in the accompanying consolidated balance sheets. See Note 6 for additional information pertaining to these leases.
Loan Fees: Loan fees are generally amortized using the effective interest method (or other methods which approximate the effective interest method) over the life of the related loan as a component of interest expense. Debt prepayment penalties and certain fees associated with exchanges or modifications of debt are expensed as incurred as a component of interest expense.
Income Taxes: The Company has elected to be taxed as a REIT under Sections 856 through 860 of the Code. As a REIT, the Company generally will not be subject to U.S. federal income tax on the taxable income the Company currently distributes to its shareholders.
The Company records a benefit, based on the GAAP measurement criteria, for uncertain income tax positions if the result of a tax position meets a “more likely than not” recognition threshold. Tax returns for the calendar years 2011 through 2014 remain subject to examination by federal and various state tax jurisdictions.
Segment Reporting: The Company’s chief operating decision maker, which is comprised of its Chief Executive Officer, Chief Operating Officer and Chief Financial Officer, assesses and measures the operating results of the Company’s portfolio of properties based on net operating income and does not differentiate properties by geography, size or type. Each of the Company’s investment properties is considered a separate operating segment, as each property earns revenue and incurs expenses, individual operating results are reviewed and discrete financial information is available. However, the Company’s properties are aggregated into one reportable segment as they have similar economic characteristics, the Company provides similar services to its tenants and the Company evaluates the collective performance of its properties.
Recent Accounting Pronouncements
Effective January 1, 2014, companies are required to present unrecognized tax benefits as a reduction to deferred tax assets when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists. To the extent none of these are available at the reporting date, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The adoption of this pronouncement did not have any effect on the Company’s consolidated financial statements.
Effective January 1, 2015, with early adoption permitted effective January 1, 2014, the definition of discontinued operations has been revised to limit what qualifies for this classification and presentation to disposals of components of a company that represent strategic shifts that have, or will have, a major effect on a company’s operations and financial results. Required expanded disclosures for disposals or disposal groups that qualify for discontinued operations treatment are intended to provide users of financial statements with enhanced information about the assets, liabilities, revenues and expenses of such discontinued operations. In addition, in accordance with this pronouncement, companies are required to disclose the pretax profit or loss of an individually significant component that does not qualify for discontinued operations treatment. While the threshold for a disposal or disposal group to qualify for discontinued operations treatment has been revised, this pronouncement retains the held for sale classification and presentation concepts of previous authoritative literature. Accordingly, under this pronouncement, a disposal or disposal group may qualify for held for sale classification but not meet the threshold for discontinued operations treatment. The Company elected to early adopt this pronouncement effective January 1, 2014. The adoption, which is applied prospectively, is anticipated to substantially reduce the number of the Company’s transactions, going forward, that qualify for discontinued operations as compared to historical results. Except for Riverpark Phase IIA, which was classified as held for sale as of December 31, 2013 and, therefore, qualified for discontinued operations treatment under the previous standard, the investment properties that were sold or held for sale during 2014 did not qualify for discontinued operations treatment and, as such, are reflected in continuing operations on the consolidated statements of operations and other comprehensive income (loss).
Effective January 1, 2016, with early adoption permitted effective January 1, 2014, companies that grant their employees share-based payments in which the terms of the award provide that a performance target which affects vesting could be achieved after the requisite service period will be required to treat that feature as a performance condition. The Company elected to early adopt this pronouncement effective January 1, 2014. The adoption of this pronouncement did not have any effect on the Company’s consolidated financial statements.
Effective January 1, 2016, with early adoption permitted effective January 1, 2014, companies that issue hybrid financial instruments in the form of a share will be required to consider all stated and implied substantive terms and features in evaluating whether the host contract within the hybrid financial instrument is more akin to debt or to equity. The effects of initially adopting this pronouncement should be applied on a modified retrospective basis to existing hybrid financial instruments issued in the form of a share. The Company elected to early adopt this pronouncement effective January 1, 2014. The adoption of this pronouncement did not have any effect on the Company’s consolidated financial statements.
Effective January 1, 2016, a company’s management will be required to assess the entity’s ability to continue as a going concern every reporting period including interim periods for a period of one year after the date that the financial statements are issued (or available to be issued) and provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The Company does not expect the adoption of this pronouncement will have a material effect on its consolidated financial statements.
Effective January 1, 2016, the concept of extraordinary items will be eliminated from GAAP and entities will no longer be required to consider whether an underlying event or transaction is extraordinary. However, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently will be retained. The Company has elected to early adopt this pronouncement effective January 1, 2015. The adoption of this pronouncement is not expected to have any effect on the Company’s consolidated financial statements.
Effective January 1, 2017, companies will be required to apply a five-step model in accounting for revenue arising from contracts with customers. The core principle of this revised revenue model is that a company recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Lease contracts will be excluded from this revenue recognition criteria; however, the sale of real estate will be required to follow the new model. This pronouncement allows either a full or a modified retrospective method of adoption. Expanded quantitative and qualitative disclosures regarding revenue recognition will be required for contracts that are subject to this guidance. The Company does not expect the adoption of this pronouncement will have a material effect on its consolidated financial statements; however, it will continue to evaluate this assessment until the guidance becomes effective.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Acquisitions	Acquisitions
	The Company closed on the following acquisitions during the year ended December 31, 2014:
	Date		Property Name		Metropolitan Statistical	Property Type		Square		Acquisition		Pro Rata
					Area (MSA)			Footage		Price		Acquisition
												Price
	30-Dec-14		Lakewood Towne Center - Parcel		Seattle	Multi-tenant parcel		44,000		$	5,750	$	5,750
	20-Nov-14		Avondale Plaza		Seattle	Multi-tenant retail		39,000		15,070		15,070
	23-Jun-14		Southlake Town Square - Outparcel (a)		Dallas	Single-user outparcel		8,500		6,369		6,369
	5-Jun-14		MS Inland Portfolio (b)		Various	Multi-tenant retail		1,194,800		292,500		234,000
	27-Feb-14		Bed Bath & Beyond Plaza - Fee Interest (c)		Miami	Ground lease interest		—		10,350		10,350
	27-Feb-14		Heritage Square		Seattle	Multi-tenant retail		53,100		18,022		18,022
								1,339,400		$	348,061	$	289,561
	(a)	The Company acquired a single-user outparcel located at its Southlake Town Square multi-tenant retail operating property that was subject to a ground lease with the Company prior to the transaction.
	(b)	As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in MS Inland Fund, LLC (MS Inland) by acquiring its partner’s 80% ownership interest in the six multi-tenant retail properties owned by the joint venture (collectively, the MS Inland acquisitions). The Company paid total cash consideration of approximately $120,600 before transaction costs and prorations and after assumption of the joint venture’s in-place mortgage financing on those properties of $141,698. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $24,158 as a result of remeasuring the carrying value of its 20% interest in the six acquired properties to fair value. Such gain is presented as “Gain on change in control of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	(c)	The Company acquired the fee interest in an existing wholly-owned multi-tenant retail operating property located in Miami, Florida, which was previously subject to a ground lease with a third party. In conjunction with this transaction, the Company reversed a straight-line ground rent liability of $4,258, which is presented in “Gain on extinguishment of other liabilities” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	The Company closed on the following acquisitions during the year ended December 31, 2013:
	Date		Property Name		MSA	Property Type		Square		Acquisition		Pro Rata
								Footage		Price		Acquisition
												Price
	13-Nov-13		Fordham Place		New York City	Multi-tenant retail		262,000		$	133,900	$	133,900
	6-Nov-13		Pelham Manor Shopping Plaza		New York City	Multi-tenant retail		228,000		58,530		58,530
	1-Oct-13		RioCan Portfolio (a)		Various	Multi-tenant retail		598,100		124,783		99,826
								1,088,100		$	317,213	$	292,256
	(a)	As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan) and acquired its partner’s 80% ownership interest in five multi-tenant retail properties owned by the joint venture (collectively, the RioCan acquisitions). The Company paid total cash consideration of approximately $45,500 before transaction costs and prorations and after assumption of its partner’s 80% interest of the joint venture’s $67,900 in-place mortgage financing on those properties. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $5,435 as a result of remeasuring the carrying value of its 20% interest in the five acquired properties to fair value. Such gain is presented as “Gain on change in control of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	The following table summarizes the acquisition date fair values, before prorations, the Company recorded in conjunction with the acquisitions discussed above:
			2014			2013
	Land		$	118,732		$	60,307
	Building and other improvements		219,174			238,388
	Acquired lease intangible assets (a)		35,520			46,357
	Acquired lease intangible liabilities (b)		(20,578		)	(26,525		)
	Mortgages payable (c)		(146,485		)	(69,177		)
	Net assets acquired (d)		$	206,363		$	249,350
	(a)	The weighted average amortization period for acquired lease intangible assets is eight years and 12 years for acquisitions completed during the years ended December 31, 2014 and 2013, respectively.
	(b)	The weighted average amortization period for acquired lease intangible liabilities is 16 years and 23 years for acquisitions completed during the years ended December 31, 2014 and 2013, respectively.
	(c)	Includes mortgage premium of $4,787 and $1,313 for acquisitions completed during the years ended December 31, 2014 and 2013, respectively.
	(d)	Net assets attributable to the MS Inland and RioCan acquisitions are presented at 100%.
	The above acquisitions were funded using a combination of available cash on hand and proceeds from the Company’s unsecured revolving line of credit. Transaction costs totaling $2,271, $937 and $0 for the years ended December 31, 2014, 2013 and 2012, respectively, were expensed as incurred and included within “General and administrative expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	Included in the Company’s consolidated statements of operations and other comprehensive income (loss) from the properties acquired are $55,303, $6,390 and $0 in total revenues, and $6,733, $597 and $0 in net income attributable to common shareholders from the date of acquisition through December 31, 2014, 2013, and 2012, respectively.
	Subsequent to December 31, 2014, the Company acquired the following properties:
	•	the retail portion of Downtown Crown, a Class A mixed-use property located in Gaithersburg, Maryland, from a third party for a gross purchase price of $162,785. The property was acquired on January 8, 2015 and contains approximately 258,000 square feet of retail space;
	•	Merrifield Town Center, a Class A mixed-use property located in Merrifield, Virginia, from a third party for a gross purchase price of $56,500. The property was acquired on January 23, 2015 and contains approximately 85,000 square feet of retail space; and
	•	Fort Evans Plaza II, a Class A multi-tenant retail property located in Leesburg, Virginia, from a third party for a gross purchase price of $65,000. The property was acquired on January 23, 2015 and contains approximately 229,000 square feet.
	The Company has not completed the allocation of the acquisition date fair values for the properties acquired subsequent to December 31, 2014. However, it expects that the purchase price of these properties will primarily be allocated to building, land and acquired lease intangibles.
	Condensed Pro Forma Financial Information
	The results of operations of the acquisitions accounted for as business combinations are included in the following unaudited condensed pro forma financial information as if these acquisitions had been completed as of the beginning of the year prior to the acquisition date. The results of operations of the Downtown Crown, Merrifield Town Center, and Fort Evans Plaza II acquisitions will be included in the consolidated statements of operations and other comprehensive income (loss) beginning on their respective acquisition dates. The following unaudited condensed pro forma financial information is presented as if the 2015 acquisitions were completed as of January 1, 2014, the 2014 acquisitions were completed as of January 1, 2013, and the 2013 acquisitions were completed as of January 1, 2012. The results of operations associated with the 2014 Bed Bath & Beyond Plaza acquisition have not been included in the pro forma presentation as it has been accounted for as an asset acquisition. The Company did not have any significant business combinations in 2012. These pro forma results are for comparative purposes only and are not necessarily indicative of what the actual results of operations of the Company would have been had the acquisitions occurred at the beginning of the periods presented, nor are they necessarily indicative of future operating results.
	The unaudited condensed pro forma financial information is as follows:
			Year Ended December 31,
			2014			2013			2012
	Total revenues		$	630,067		$	605,708		$	565,053
	Net income		$	15,583		$	24,964		$	6,902
	Net income attributable to common shareholders		$	6,133		$	15,514		$	6,639
	Earnings per common share — basic and diluted
	Net income per common share attributable to common shareholders		$	0.03		$	0.07		$	0.03
	Weighted average number of common shares outstanding — basic		236,184			234,134			220,464

Dispositions

Dispositions	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Dispositions	Dispositions
	The Company monitors its investment properties to ensure that each property continues to meet investment and strategic objectives. This approach results in the sale of certain non-strategic and non-core assets that no longer meet the Company’s investment criteria.
	The Company closed on the following property dispositions during the year ended December 31, 2014:
	Date		Property Name		Property Type		Square		Consideration			Aggregate Proceeds, Net (a)		Gain (a)
							Footage
	Continuing Operations:
	22-Dec-14		Newburgh Crossing		Multi-tenant retail		62,900		$	10,000		$	9,770	$	—
	16-Dec-14		Diebold Warehouse		Single-user industrial		158,700		11,500			10,752		2,879
	4-Dec-14		Plaza at Riverlakes		Multi-tenant retail		102,800		17,350			17,021		4,127
	24-Nov-14		Mission Crossing (b)		Multi-tenant retail		178,200		24,250			23,545		5,936
	5-Nov-14		Crockett Square		Multi-tenant retail		107,100		9,750			9,565		822
	31-Oct-14		The Market at Clifty Crossing		Multi-tenant retail		175,900		19,150			18,883		5,292
	29-Oct-14		Shoppes at Stroud		Multi-tenant retail		136,400		26,850			26,466		485
	20-Oct-14		Various (c)		Single-user retail		65,400		24,400			23,846		6,362
	2-Oct-14		Gloucester Town Center		Multi-tenant retail		107,200		10,350			9,722		—
	27-Aug-14		Four Peaks Plaza		Multi-tenant retail		140,400		9,900			9,381		—
	26-Aug-14		Crossroads Plaza CVS		Single-user retail		16,000		7,650			7,411		2,863
	19-Aug-14		Greenwich Center		Multi-tenant retail		182,600		22,700			21,977		5,871
	19-Aug-14		Boston Commons		Multi-tenant retail		103,400		9,820			9,586		—
	15-Aug-14		Fisher Scientific		Single-user office		114,700		14,000			13,715		3,732
	15-Aug-14		Stanley Works/Mac Tools		Single-user office		72,500		10,350			10,184		1,375
	1-Aug-14		Battle Ridge Pavilion		Multi-tenant retail		103,500		14,100			13,722		1,327
	16-May-14		Beachway Plaza & Cornerstone Plaza (d)		Multi-tenant retail		189,600		24,450			23,584		819
	1-Apr-14		Midtown Center		Multi-tenant retail		408,500		47,150			46,043		—
							2,425,800		313,720			305,173		41,890
	Discontinued Operations:
	11-Mar-14		Riverpark Phase IIA		Single-user retail		64,300		9,269			9,204		655
							2,490,100		$	322,989		$	314,377	$	42,545
	(a)	Aggregate proceeds are net of transaction costs and exclude $324 of condemnation proceeds, which did not result in any additional gain recognition.
	(b)	The disposition of Mission Crossing was executed in two separate transactions for a total sales price of $24,250. The 163,400 square foot multi-tenant retail property, excluding the Walgreens outparcel, was sold for $17,250 to a third party and the 14,800 square foot Walgreens outparcel was sold for $7,000 to a different third party.
	(c)	The Company sold a portfolio of five drug stores located in Pennsylvania, Wisconsin and Alabama in a single transaction.
	(d)	The terms of the disposition of Beachway Plaza and Cornerstone Plaza were negotiated as a single transaction. The Company recognized a gain on sale of $527 during the second quarter of 2014 and an additional gain of $292 during the fourth quarter of 2014 that was deferred at disposition.
	The Company also received consideration of $700, net proceeds of $699 and recorded a gain of $306 from the sale of an outparcel at one of its properties. The aggregate proceeds, net of closing costs, from the property sales and additional transactions during the year ended December 31, 2014 totaled $315,400 with aggregate gains of $42,851. During the year ended December 31, 2014, the Company repaid or defeased $128,947 in mortgages payable prior to or in connection with the 2014 dispositions.
	During 2013, the Company sold 20 properties. The dispositions and certain additional transactions, including earnouts, pad sales and condemnations, resulted in aggregate proceeds, net of transaction costs, of $326,766 with aggregate gains of $47,085.
	During 2012, the Company sold 31 properties. The dispositions and certain additional transactions, including earnouts and condemnations, resulted in aggregate proceeds, net of transaction costs, of $453,320 with aggregate gains of $37,984.
	As of December 31, 2014, the Company had entered into contracts to sell Promenade at Red Cliff, a 94,500 square foot multi-tenant retail property located in St. George, Utah, and Aon Hewitt East Campus, a 343,000 square foot single-user office property located in Lincolnshire, Illinois. These properties qualified for held for sale accounting treatment upon meeting all applicable GAAP criteria on or prior to December 31, 2014, at which time depreciation and amortization were ceased. As such, the assets and liabilities associated with these properties are separately classified as held for sale in the consolidated balance sheets as of December 31, 2014. Riverpark Phase IIA, which was sold on March 11, 2014, was classified as held for sale as of December 31, 2013.
	The following table presents the assets and liabilities associated with the investment properties classified as held for sale:
		December 31, 2014				December 31, 2013
	Assets
	Land, building and other improvements	$	36,020			$	10,285
	Accumulated depreciation	(5,358		)		(2,206		)
	Net investment properties	30,662				8,079
	Other assets	2,978				537
	Assets associated with investment properties held for sale	$	33,640			$	8,616
	Liabilities
	Mortgages payable	$	8,075			$	6,435
	Other liabilities	128				168
	Liabilities associated with investment properties held for sale	$	8,203			$	6,603
	The Company does not allocate general corporate interest expense to discontinued operations. The results of operations for the investment properties that are accounted for as discontinued operations, which consists of investment properties sold and classified as held for sale on or prior to December 31, 2013, including Riverpark Phase IIA, are presented in the table below:
		Year Ended December 31,
		2014				2013			2012
	Revenues:
	Rental income	$	(123	)		$	24,448		$	55,507
	Tenant recovery income	144				5,142			7,284
	Other property income	23				7,571			1,544
	Total revenues	44				37,161			64,335
	Expenses:
	Property operating expenses	121				4,802			7,941
	Real estate taxes	3				5,664			8,209
	Depreciation and amortization	—				11,075			27,468
	Provision for impairment of investment properties	—				32,547			24,519
	Gain on extinguishment of debt	—				(26,331		)	—
	Gain on extinguishment of other liabilities	—				(3,511		)	—
	Interest expense	68				3,632			20,256
Other (income) expense, net	—				(113		)	5
Total expenses	192				27,765			88,398
(Loss) income from discontinued operations, net	$	(148	)		$	9,396		$	(24,063	)

Compensation_Plans

Compensation Plans	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Compensation Plans	Compensation Plans
	On May 22, 2014, the Company’s shareholders approved the Company’s 2014 Long-Term Equity Compensation Plan (the 2014 Plan), which replaces the Company’s 2008 Long-Term Equity Compensation Plan and Third Amended and Restated Independent Director Stock Option and Incentive Plan (Director Plan). The 2014 Plan, subject to certain conditions, authorizes the issuance of incentive and non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, unrestricted stock, performance shares, dividend equivalent rights and cash-based awards to the Company’s employees, non-employee directors, consultants and advisors in connection with compensation and incentive arrangements that may be established by the Company’s board of directors or executive management.
	The following table represents a summary of the Company’s unvested restricted shares as of and for the years ended December 31, 2014, 2013 and 2012:
		Unvested		Weighted Average
		Restricted		Grant Date Fair
		Shares		Value per
				Restricted Share
	Balance as of January 1, 2012	14		$	17.13
	Shares granted (a)	32		$	17.38
	Shares vested	—		$	—
	Shares forfeited	—		$	—
	Balance as of December 31, 2012	46		$	17.3
	Shares granted (a)	116		$	14.27
	Shares vested	(9	)	$	15.53
	Shares forfeited	(1	)	$	15.61
	Balance as of December 31, 2013	152		$	15.11
	Shares granted (b)	303		$	13.89
	Shares vested	(58	)	$	14.5
	Shares forfeited	(1	)	$	15.61
	Balance as of December 31, 2014	396		$	14.26
	(a)	Of the shares granted to the Company’s executives in 2012 and 2013, 50% vest on each of the third and fifth anniversaries of the grant date. Shares granted to Company employees in 2013 vest ratably over three years and shares granted to the Company’s non-employee directors vested on May 22, 2014, the date of the annual stockholder meeting.
	(b)	Shares granted in 2014 vest ratably over periods ranging from one to three years in accordance with the terms of applicable award documents.
	During the years ended December 31, 2014, 2013 and 2012, the Company recorded compensation expense of $3,417, $455 and $211, respectively, related to unvested restricted shares. As of December 31, 2014, total unrecognized compensation expense related to unvested restricted shares was $2,126, which is expected to be amortized over a weighted average term of 1.0 year. The total fair value of shares vested during the year ended December 31, 2014 was $840. During the year ended December 31, 2013, the Company recorded $113 of additional compensation expense related to the accelerated vesting of nine restricted shares in conjunction with the resignation of its former Chief Accounting Officer. The total fair value of shares vested during the year ended December 31, 2013 was $139.
	Prior to 2013, non-employee directors had been granted options to acquire shares under the Company’s Director Plan. As of December 31, 2014, options to purchase 84 shares of common stock had been granted, of which options to purchase three shares had been exercised, options to purchase six shares had expired and options to purchase 11 shares had been forfeited. As of December 31, 2013, options to purchase 84 shares of common stock had been granted, of which options to purchase one share had been exercised and options to purchase five shares had expired.
	The Company did not grant any options in 2013 or 2014. During 2012, the Company calculated the per share weighted average grant date fair value of options using the Black-Scholes option pricing model utilizing the following assumptions: expected dividend yield of 5.66%; expected volatility rate of 21.65%; expected life of five years and a risk-free interest rate of 0.67%. The grant date fair value per share for 2012 was $0.92.
	Compensation expense of $3, $24 and $49 related to stock options was recorded during the years ended December 31, 2014, 2013 and 2012, respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Leases	Leases
	The majority of revenues from the Company’s properties consist of rents received under long-term operating leases. In addition to base rent paid monthly in advance, some leases provide for the reimbursement of the tenant’s pro rata share of certain operating expenses incurred by the landlord including real estate taxes, special assessments, insurance, utilities, common area maintenance, management fees and certain capital repairs, subject to the terms of the respective lease. Certain other tenants are subject to net leases which provide that the tenant is responsible for fixed base rent, as well as all costs and expenses associated with occupancy. Under net leases, where all expenses are paid directly by the tenant rather than the landlord, such expenses are not included in the accompanying consolidated statements of operations and other comprehensive income (loss). Under leases where all expenses are paid by the landlord, subject to reimbursement by the tenant, the expenses are included in “Property operating expenses” or “Real estate taxes” and reimbursements are included in “Tenant recovery income” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	In certain municipalities, the Company is required to remit sales taxes to governmental authorities based upon the rental income received from properties in those regions. These taxes are reimbursed by the tenant to the Company depending upon the terms of the applicable tenant lease. The presentation of the remittance and reimbursement of these taxes is on a gross basis with sales tax expenses included in “Property operating expenses” and sales tax reimbursements included in “Other property income” in the accompanying consolidated statements of operations and other comprehensive income (loss). Such taxes remitted to governmental authorities, which are reimbursed by tenants, exclusive of amounts attributable to discontinued operations, were $1,985, $1,791 and $1,794 for the years ended December 31, 2014, 2013 and 2012, respectively.
	Minimum lease payments to be received under operating leases, excluding payments under master lease agreements, additional percentage rent based on tenants’ sales volume and tenant reimbursements of certain operating expenses and assuming no exercise of renewal options or early termination rights, are as follows:
			Minimum Lease Payments (a)
	2015		$	447,535
	2016		408,877
	2017		357,000
	2018		310,505
	2019		242,518
	Thereafter		821,430
	Total		$	2,587,865
	(a)	Excludes minimum lease payments related to two investment properties classified as held for sale as of December 31, 2014.
	The remaining lease terms range from less than one year to more than 45 years.
	Many of the leases at the Company’s retail properties contain provisions that condition a tenant’s obligation to remain open, the amount of rent payable by the tenant or potentially the tenant’s obligation to remain in the lease, upon certain factors, including: (i) the presence and continued operation of a certain anchor tenant or tenants, (ii) minimum occupancy levels at the applicable property or (iii) tenant sales amounts. If such a provision is triggered by a failure of any of these or other applicable conditions, a tenant could have the right to cease operations at the applicable property, have its rent reduced or terminate its lease early. The Company does not expect that such provisions will have a material impact on its future operating results.
	The Company leases land under non-cancellable operating leases at certain of its properties expiring in various years from 2023 to 2090, exclusive of any available option periods. In addition, the Company leases office space for certain management offices and its corporate office. The following table summarizes rent expense included in the accompanying consolidated statements of operations and other comprehensive income (loss), including straight-line rent expense:
		Year Ended December 31,
		2014			2013		2012
	Ground lease rent expense (a)	$	11,676		$	9,758	$	9,217
	Office rent expense (b)	$	1,210		$	962	$	846
	(a)	Included in “Property operating expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss). Excludes amounts attributable to discontinued operations, but includes straight-line ground rent expense of $3,889, $3,486 and $3,251 for the years ended December 31, 2014, 2013 and 2012, respectively.
	(b)	Office rent expense related to property management operations is included in “Property operating expenses” and office rent expense related to corporate office operations is included in “General and administrative expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	Minimum future rental obligations to be paid under the ground and office leases, including fixed rental increases, are as follows:
			Minimum Lease Obligations
	2015		$	8,440
	2016		8,293
	2017		8,362
	2018		8,428
	2019		8,773
	Thereafter		519,964
	Total		$	562,260

Mortgages_Payable

Mortgages Payable	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Mortgages Payable	Mortgages Payable
	The following table summarizes the Company’s mortgages payable:
		December 31, 2014									December 31, 2013
		Aggregate Principal Balance				Weighted Average Interest Rate			Weighted Average Years to Maturity		Aggregate Principal Balance				Weighted Average Interest Rate		Weighted Average Years to Maturity
	Fixed rate mortgages payable (a)	$	1,616,063			6.03	%		4		$	1,673,080			6.15	%	4.9
	Variable rate construction loan (b)	14,900				2.44	%		0.8		11,359				2.44	%	0.8
	Mortgages payable	1,630,963				5.99	%		3.9		1,684,439				6.13	%	4.9
	Premium, net of accumulated amortization	3,972									1,175
	Discount, net of accumulated amortization	(470		)							(981		)
	Mortgages payable, net	$	1,634,465								$	1,684,633
	(a)	Includes $8,124 and $8,337 of variable rate mortgage debt that was swapped to a fixed rate as of December 31, 2014 and 2013, respectively, and excludes mortgages payable of $8,075 and $6,435 associated with investment properties classified as held for sale as of December 31, 2014 and 2013, respectively. The fixed rate mortgages had interest rates ranging from 3.35% to 8.00% and 3.50% to 8.00% as of December 31, 2014 and 2013, respectively.
	(b)	The variable rate construction loan bears interest at a floating rate of London Interbank Offered Rate (LIBOR) plus 2.25%.
	Mortgages Payable
	During the year ended December 31, 2014, the Company repaid and defeased mortgages payable in the total amount of $179,465 (excluding $55 from condemnation proceeds which were paid to the lender and scheduled principal payments of $17,554 related to amortizing loans). The loans repaid and defeased during the year ended December 31, 2014 had a weighted average fixed interest rate of 6.08%. In addition, during the year ended December 31, 2014, as part of the MS Inland acquisitions, the Company assumed the in-place mortgage financing on the acquired properties of $141,698 at a weighted average interest rate of 4.79%.
	The majority of the Company’s mortgages payable require monthly payments of principal and interest, as well as reserves for real estate taxes and certain other costs. The Company’s properties and the related tenant leases are pledged as collateral for the fixed rate mortgages payable while a consolidated joint venture property and the related tenant leases are pledged as collateral for the variable rate construction loan. Although the mortgage loans obtained by the Company are generally non-recourse, occasionally, the Company may guarantee all or a portion of the debt on a full-recourse basis. As of December 31, 2014, the Company had guaranteed $7,991 of the outstanding mortgage and construction loans with maturity dates ranging from November 2, 2015 through September 30, 2016 (see Note 17). At times, the Company has borrowed funds financed as part of a cross-collateralized package, with cross-default provisions, in order to enhance the financial benefits of a transaction. In those circumstances, one or more of the Company’s properties may secure the debt of another of the Company’s properties. As of December 31, 2014, the most significant cross-collateralized mortgage loan was the IW JV 2009, LLC (IW JV) mortgage in the amount of $462,896, excluding $8,075 associated with one of the 54 properties securing the mortgage that is classified as held for sale.
	Debt Maturities
	The following table shows the scheduled maturities and principal amortization of the Company’s indebtedness as of December 31, 2014, for each of the next five years and thereafter and the weighted average interest rates by year. The table does not reflect the impact of any 2015 debt activity.
		2015				2016				2017				2018			2019			Thereafter			Total
	Debt:
	Fixed rate debt:
	Mortgages payable (a)	$	376,659			$	67,736			$	321,126			$	12,414		$	502,882		$	335,246		$	1,616,063
	Unsecured credit facility - fixed rate portion of term loan (b)	—				—				—				300,000			—			—			300,000
	Unsecured notes payable	—				—				—				—			—			250,000			250,000
	Total fixed rate debt	376,659				67,736				321,126				312,414			502,882			585,246			2,166,063
	Variable rate debt:
	Construction loan	14,900				—				—				—			—			—			14,900
	Unsecured credit facility	—				—				—				150,000			—			—			150,000
	Total variable rate debt	14,900				—				—				150,000			—			—			164,900
	Total debt (c)	$	391,559			$	67,736			$	321,126			$	462,414		$	502,882		$	585,246		$	2,330,963
	Weighted average interest rate on debt:
	Fixed rate debt	5.59		%		5.06		%		5.53		%		2.18		%	7.5		%	4.72		%	5.28		%
	Variable rate debt	2.44		%		—				—				1.62		%	—			—			1.69		%
	Total	5.47		%		5.06		%		5.53		%		2		%	7.5		%	4.72		%	5.03		%
	(a)	Includes $8,124 of variable rate mortgage debt that was swapped to a fixed rate as of December 31, 2014. Excludes mortgage premium of $3,972 and discount of $(470), net of accumulated amortization, which was outstanding as of December 31, 2014 and a mortgage payable of $8,075 associated with one investment property classified as held for sale as of December 31, 2014.
	(b)	$300,000 of LIBOR-based variable rate debt has been swapped to a fixed rate through February 24, 2016. The swap effectively converts one-month floating rate LIBOR to a fixed rate of 0.53875% over the term of the swap.
	(c)	As of December 31, 2014, the weighted average years to maturity of consolidated indebtedness was 4.3 years.
	The Company plans on addressing its debt maturities through a combination of proceeds from asset dispositions, capital markets transactions and its unsecured revolving line of credit.
	Unsecured Notes Payable
	On June 30, 2014, the Company issued $250,000 of unsecured notes in a private placement transaction pursuant to a note purchase agreement the Company entered into on May 16, 2014 with various institutional investors. The proceeds were used to pay down a portion of the Company’s unsecured revolving line of credit in anticipation of the repayment of future secured debt maturities.
	The following table summarizes the Company’s unsecured notes payable as of December 31, 2014:
	Unsecured Notes Payable		Maturity Date		Principal				Interest Rate/
					Balance				Weighted Average
									Interest Rate
	Series A senior notes		30-Jun-21		$	100,000			4.12	%
	Series B senior notes		30-Jun-24		150,000				4.58	%
			Total		$	250,000			4.4	%
	The note purchase agreement contains customary representations, warranties and covenants, and events of default. Pursuant to the terms of the note purchase agreement, the Company is subject to various financial covenants, some of which are based upon the financial covenants in effect in the Company’s primary credit facility, including the requirement to maintain the following: (i) maximum unencumbered, secured and consolidated leverage ratios; (ii) minimum interest coverage and unencumbered interest coverage ratios; and (iii) a minimum consolidated net worth. As of December 31, 2014, management believes the Company was in compliance with the financial covenants and default provisions under the note purchase agreement.

Unsecured_Notes_Payable

Unsecured Notes Payable	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Unsecured Notes Payable	Mortgages Payable
	The following table summarizes the Company’s mortgages payable:
		December 31, 2014									December 31, 2013
		Aggregate Principal Balance				Weighted Average Interest Rate			Weighted Average Years to Maturity		Aggregate Principal Balance				Weighted Average Interest Rate		Weighted Average Years to Maturity
	Fixed rate mortgages payable (a)	$	1,616,063			6.03	%		4		$	1,673,080			6.15	%	4.9
	Variable rate construction loan (b)	14,900				2.44	%		0.8		11,359				2.44	%	0.8
	Mortgages payable	1,630,963				5.99	%		3.9		1,684,439				6.13	%	4.9
	Premium, net of accumulated amortization	3,972									1,175
	Discount, net of accumulated amortization	(470		)							(981		)
	Mortgages payable, net	$	1,634,465								$	1,684,633
	(a)	Includes $8,124 and $8,337 of variable rate mortgage debt that was swapped to a fixed rate as of December 31, 2014 and 2013, respectively, and excludes mortgages payable of $8,075 and $6,435 associated with investment properties classified as held for sale as of December 31, 2014 and 2013, respectively. The fixed rate mortgages had interest rates ranging from 3.35% to 8.00% and 3.50% to 8.00% as of December 31, 2014 and 2013, respectively.
	(b)	The variable rate construction loan bears interest at a floating rate of London Interbank Offered Rate (LIBOR) plus 2.25%.
	Mortgages Payable
	During the year ended December 31, 2014, the Company repaid and defeased mortgages payable in the total amount of $179,465 (excluding $55 from condemnation proceeds which were paid to the lender and scheduled principal payments of $17,554 related to amortizing loans). The loans repaid and defeased during the year ended December 31, 2014 had a weighted average fixed interest rate of 6.08%. In addition, during the year ended December 31, 2014, as part of the MS Inland acquisitions, the Company assumed the in-place mortgage financing on the acquired properties of $141,698 at a weighted average interest rate of 4.79%.
	The majority of the Company’s mortgages payable require monthly payments of principal and interest, as well as reserves for real estate taxes and certain other costs. The Company’s properties and the related tenant leases are pledged as collateral for the fixed rate mortgages payable while a consolidated joint venture property and the related tenant leases are pledged as collateral for the variable rate construction loan. Although the mortgage loans obtained by the Company are generally non-recourse, occasionally, the Company may guarantee all or a portion of the debt on a full-recourse basis. As of December 31, 2014, the Company had guaranteed $7,991 of the outstanding mortgage and construction loans with maturity dates ranging from November 2, 2015 through September 30, 2016 (see Note 17). At times, the Company has borrowed funds financed as part of a cross-collateralized package, with cross-default provisions, in order to enhance the financial benefits of a transaction. In those circumstances, one or more of the Company’s properties may secure the debt of another of the Company’s properties. As of December 31, 2014, the most significant cross-collateralized mortgage loan was the IW JV 2009, LLC (IW JV) mortgage in the amount of $462,896, excluding $8,075 associated with one of the 54 properties securing the mortgage that is classified as held for sale.
	Debt Maturities
	The following table shows the scheduled maturities and principal amortization of the Company’s indebtedness as of December 31, 2014, for each of the next five years and thereafter and the weighted average interest rates by year. The table does not reflect the impact of any 2015 debt activity.
		2015				2016				2017				2018			2019			Thereafter			Total
	Debt:
	Fixed rate debt:
	Mortgages payable (a)	$	376,659			$	67,736			$	321,126			$	12,414		$	502,882		$	335,246		$	1,616,063
	Unsecured credit facility - fixed rate portion of term loan (b)	—				—				—				300,000			—			—			300,000
	Unsecured notes payable	—				—				—				—			—			250,000			250,000
	Total fixed rate debt	376,659				67,736				321,126				312,414			502,882			585,246			2,166,063
	Variable rate debt:
	Construction loan	14,900				—				—				—			—			—			14,900
	Unsecured credit facility	—				—				—				150,000			—			—			150,000
	Total variable rate debt	14,900				—				—				150,000			—			—			164,900
	Total debt (c)	$	391,559			$	67,736			$	321,126			$	462,414		$	502,882		$	585,246		$	2,330,963
	Weighted average interest rate on debt:
	Fixed rate debt	5.59		%		5.06		%		5.53		%		2.18		%	7.5		%	4.72		%	5.28		%
	Variable rate debt	2.44		%		—				—				1.62		%	—			—			1.69		%
	Total	5.47		%		5.06		%		5.53		%		2		%	7.5		%	4.72		%	5.03		%
	(a)	Includes $8,124 of variable rate mortgage debt that was swapped to a fixed rate as of December 31, 2014. Excludes mortgage premium of $3,972 and discount of $(470), net of accumulated amortization, which was outstanding as of December 31, 2014 and a mortgage payable of $8,075 associated with one investment property classified as held for sale as of December 31, 2014.
	(b)	$300,000 of LIBOR-based variable rate debt has been swapped to a fixed rate through February 24, 2016. The swap effectively converts one-month floating rate LIBOR to a fixed rate of 0.53875% over the term of the swap.
	(c)	As of December 31, 2014, the weighted average years to maturity of consolidated indebtedness was 4.3 years.
	The Company plans on addressing its debt maturities through a combination of proceeds from asset dispositions, capital markets transactions and its unsecured revolving line of credit.
	Unsecured Notes Payable
	On June 30, 2014, the Company issued $250,000 of unsecured notes in a private placement transaction pursuant to a note purchase agreement the Company entered into on May 16, 2014 with various institutional investors. The proceeds were used to pay down a portion of the Company’s unsecured revolving line of credit in anticipation of the repayment of future secured debt maturities.
	The following table summarizes the Company’s unsecured notes payable as of December 31, 2014:
	Unsecured Notes Payable		Maturity Date		Principal				Interest Rate/
					Balance				Weighted Average
									Interest Rate
	Series A senior notes		30-Jun-21		$	100,000			4.12	%
	Series B senior notes		30-Jun-24		150,000				4.58	%
			Total		$	250,000			4.4	%
	The note purchase agreement contains customary representations, warranties and covenants, and events of default. Pursuant to the terms of the note purchase agreement, the Company is subject to various financial covenants, some of which are based upon the financial covenants in effect in the Company’s primary credit facility, including the requirement to maintain the following: (i) maximum unencumbered, secured and consolidated leverage ratios; (ii) minimum interest coverage and unencumbered interest coverage ratios; and (iii) a minimum consolidated net worth. As of December 31, 2014, management believes the Company was in compliance with the financial covenants and default provisions under the note purchase agreement.

Credit_Facility

Credit Facility	12 Months Ended
	Dec. 31, 2014
Line of Credit Facility [Abstract]
Credit Facility	Credit Facility
	On May 13, 2013, the Company entered into its third amended and restated unsecured credit agreement with a syndicate of financial institutions led by KeyBank National Association and Wells Fargo Securities LLC to provide for an unsecured credit facility aggregating $1,000,000. The third amended and restated credit facility consists of a $550,000 unsecured revolving line of credit and a $450,000 unsecured term loan (collectively, the unsecured credit facility). The Company has the ability to increase available borrowings up to $1,450,000 in certain circumstances.
	The unsecured credit facility is currently priced on a leverage grid at a rate of LIBOR plus a margin ranging from 1.50% to 2.05%, plus a quarterly unused fee ranging from 0.25% to 0.30% depending on the undrawn amount, for the unsecured revolving line of credit and LIBOR plus a margin ranging from 1.45% to 2.00% for the unsecured term loan. On January 27, 2014, the Company received its first of two investment grade credit ratings. In accordance with the unsecured credit agreement, the Company may elect to convert to an investment grade pricing grid. Upon making such an election and depending on the Company’s credit rating, the interest rate for the unsecured revolving line of credit would equal LIBOR plus a margin ranging from 0.90% to 1.70%, plus a facility fee ranging from 0.15% to 0.35%, and for the unsecured term loan, LIBOR plus a margin ranging from 1.05% to 2.05%. As of December 31, 2014, making such an election would have resulted in a higher interest rate and, as such, the Company has not made the election to convert to an investment grade pricing grid.
	The following table summarizes the Company’s unsecured credit facility:
				31-Dec-14				31-Dec-13
	Credit Facility		Maturity Date	Balance		Interest Rate/		Balance		Interest Rate/
						Weighted Average				Weighted Average
						Interest Rate				Interest Rate
	Term loan - fixed rate portion (a)		11-May-18	$	300,000	1.99	%	$	300,000	1.99	%
	Term loan - variable rate portion		11-May-18	150,000		1.62	%	150,000		1.62	%
	Revolving line of credit - variable rate		May 12, 2017 (b)	—		1.67	%	165,000		1.67	%
			Total	$	450,000	1.87	%	$	615,000	1.81	%
	(a)	$300,000 of the term loan has been swapped to a fixed rate of 0.53875% plus a margin based on a leverage grid ranging from 1.45% to 2.00% through February 24, 2016. The applicable margin was 1.45% as of December 31, 2014 and 2013.
	(b)	The Company has a one year extension option on the unsecured revolving line of credit, which it may exercise as long as it is in compliance with the terms of the unsecured credit agreement and it pays an extension fee equal to 0.15% of the commitment amount being extended.
	The unsecured credit agreement contains customary representations, warranties and covenants, and events of default. Pursuant to the terms of the unsecured credit agreement, the Company is subject to various financial covenants, including the requirement to maintain the following: (i) maximum unencumbered, secured and consolidated leverage ratios; (ii) minimum fixed charge and unencumbered interest coverage ratios; and (iii) a minimum consolidated net worth. As of December 31, 2014, management believes the Company was in compliance with the financial covenants and default provisions under the unsecured credit agreement.

Derivatives

Derivatives

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

Derivatives

The Company’s objective in using interest rate derivatives is to manage its exposure to interest rate movements and add stability to interest expense. To accomplish this objective, the Company uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed rate payments over the life of the agreement without exchange of the underlying notional amount.

The Company utilizes two interest rate swaps to hedge the variable cash flows associated with variable rate debt. The effective portion of changes in the fair value of derivatives that are designated and that qualify as cash flow hedges is recorded in “Accumulated other comprehensive loss” and is reclassified to interest expense as interest payments are made on the Company’s variable rate debt. Over the next 12 months, the Company estimates that an additional $631 will be reclassified as an increase to interest expense. The ineffective portion of the change in fair value of derivatives is recognized directly in earnings.

The following table summarizes the Company’s interest rate swaps that were designated as cash flow hedges of interest rate risk:

Number of Instruments

Notional

Interest Rate Derivatives

December 31,

December 31,

December 31,

December 31,

2014

2013

2014

2013

Interest rate swaps

2

2

$

308,124

$

308,337

The table below presents the estimated fair value of the Company’s derivative financial instruments, which are presented within “Other liabilities” in the consolidated balance sheets. The valuation techniques utilized are described in Note 16 to the consolidated financial statements.

Fair Value

December 31, 2014

December 31, 2013

Derivatives designated as cash flow hedges:

Interest rate swaps

$

562

$

751

The following table presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations and other comprehensive income (loss):

Derivatives in

Amount of Loss

Location of Loss

Amount of Loss

Location of

Amount of Loss (Gain)

Cash Flow

Recognized in Other Comprehensive Income

Reclassified from

Reclassified from

Loss (Gain)

Recognized in Income

Hedging

on Derivative

Accumulated Other Comprehensive Income (AOCI) into Income

AOCI into Income

Recognized In

on Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Effective Portion)

Income on Derivative

(Ineffective Portion and

(Ineffective Portion and Amount Excluded from

Amount Excluded from

Effectiveness Testing)

Effectiveness Testing)

2014

2013

2014

2013

2014

2013

Interest rate swaps

$

981

$

1,444

Interest Expense

$

1,182

$

1,960

Other income, net

$

12

$

(912

)

Credit-risk-related Contingent Features

The Company has agreements with each of its derivative counterparties that contain a provision whereby if the Company defaults on the related indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its corresponding derivative obligation.

The Company’s agreements with each of its derivative counterparties also contain a provision whereby if the Company consolidates with, merges with or into, or transfers all or substantially all of its assets to another entity and the creditworthiness of the resulting, surviving or transferee entity is materially weaker than the Company’s, the counterparty has the right to terminate the derivative obligations. As of December 31, 2014, the termination value of derivatives in a liability position, which includes accrued interest but excludes any adjustment for non-performance risk, which the Company has deemed not significant, was $581. As of December 31, 2014, the Company has not posted any collateral related to these agreements. If the Company had breached any of these provisions as of December 31, 2014, it could have been required to settle its obligations under the agreements at their termination value of $581.

Investment_in_Unconsolidated_J

Investment in Unconsolidated Joint Ventures	12 Months Ended
	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Joint Ventures	Investment in Unconsolidated Joint Ventures
	Investment Summary
	The following table summarizes the Company’s investments in unconsolidated joint ventures:
					Ownership Interest					Investment at
	Joint Venture		Date of		December 31,			December 31,		December 31,			December 31,
			Investment		2014			2013		2014			2013
	MS Inland (a)		4/27/07		—	%		20	%	$	—		$	6,915
	Oak Property and Casualty LLC (b)		10/1/06		—	%		20	%	—			8,861
										$	—		$	15,776
	(a)	The MS Inland unconsolidated joint venture was formed with a large state pension fund; the Company was the managing member of the venture and earned fees for providing property management and leasing services. However, the Company had the ability to exercise significant influence, but did not have financial or operating control over this joint venture, and as a result, the Company accounted for its investment pursuant to the equity method of accounting. On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland through the acquisition of the six properties owned by the joint venture.
	(b)	Through December 1, 2014, Oak Property & Casualty LLC (the Captive) was an insurance association owned by the Company and three other unaffiliated parties (four other unaffiliated parties as of December 31, 2013). The Captive was formed to insure/reimburse the members’ deductible obligations for property and general liability insurance claims subject to certain limitations. The Company entered into the Captive to stabilize insurance costs, manage exposures and recoup expenses. It had been determined that the Captive was a VIE, but because the Company did not hold the power to most significantly impact the Captive’s performance, the Company was not considered the primary beneficiary. Accordingly, the Company’s investment in the Captive was accounted for pursuant to the equity method of accounting. The Company’s risk of loss was limited to its investment and the Company was not required to fund additional capital to the Captive. Effective December 1, 2014, the Company terminated its participation in the Captive and established a new wholly-owned captive insurance company. See Note 17 for further details.
	Under the equity method of accounting, the Company’s net equity investment in each unconsolidated joint venture is reflected in the accompanying consolidated balance sheets and the Company’s share of net income or loss from each unconsolidated joint venture is reflected in the accompanying consolidated statements of operations and other comprehensive income (loss). Distributions from these investments that are related to income from operations are included as operating activities and distributions that are related to capital transactions are included as investing activities in the accompanying consolidated statements of cash flows.
	Combined condensed financial information of the Company’s joint ventures (at 100%) for the periods attributable to the Company’s ownership is summarized as follows:
			Combined
			Condensed Total
			December 31,				December 31,
			2014				2013
	Assets
	Real estate assets		$	—			$	270,916
	Less accumulated depreciation		—				(52,624		)
	Real estate, net		—				218,292
	Other assets, net		—				49,227
	Total assets		$	—			$	267,519
	Liabilities
	Mortgage debt		$	—			$	142,537
	Other liabilities, net		—				22,725
	Total liabilities		—				165,262
	Total equity		—				102,257
	Total liabilities and equity		$	—			$	267,519
			Year ended December 31,
			RioCan (a)										Hampton (b)									Other Joint Ventures (c)							Combined Condensed Total
			2014				2013			2012			2014			2013			2012			2014			2013		2012		2014			2013			2012
	Revenues:
	Property related income		$	—			$	36,758		$	48,483		$	—		$	—		$	—		$	11,853		$	27,841	$	27,115	$	11,853		$	64,599		$	75,598
	Other income		—				—			—			—			—			—			6,679			8,174		7,884		6,679			8,174			7,884
	Total revenues		—				36,758			48,483			—			—			—			18,532			36,015		34,999		18,532			72,773			83,482
	Expenses:
	Property operating expenses		—				5,001			7,315			—			—			—			1,660			3,522		4,439		1,660			8,523			11,754
	Real estate taxes		—				6,187			8,570			—			—			—			2,339			5,267		4,711		2,339			11,454			13,281
	Depreciation and amortization						21,964			33,947			—			—			—			3,948			9,601		10,720		3,948			31,565			44,667
	General and administrative expenses		—				457			993			—			6			40			268			454		248		268			917			1,281
	Interest expense, net		—				7,033			10,067			—			(1,758		)	(319		)	3,028			7,129		7,853		3,028			12,404			17,601
	Other (income) expense, net		—				(4,436		)	823			—			(13		)	—			11,921			6,025		6,625		11,921			1,576			7,448
	Total expenses		—				36,206			61,715			—			(1,765		)	(279		)	23,164			31,998		34,596		23,164			66,439			96,032
	Income (loss) from continuing operations		—				552			(13,232		)	—			1,765			279			(4,632		)	4,017		403		(4,632		)	6,334			(12,550		)
	(Loss) income from discontinued operations (d)		—				(1,026		)	(2,415		)	—			(117		)	(1,278		)	—			52		2,399		—			(1,091		)	(1,294		)
	Gain on sales of investment properties - discontinued operations		—				—			—			—			1,019			—			—			—		—		—			1,019			—
	Net (loss) income		$	—			$	(474	)	$	(15,647	)	$	—		$	2,667		$	(999	)	$	(4,632	)	$	4,069	$	2,802	$	(4,632	)	$	6,262		$	(13,844	)
	(a)	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan).
	(b)	During 2013, the Company dissolved its joint venture arrangement with its partner in Hampton Retail Colorado, L.L.C. (Hampton).
	(c)	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland. In addition, effective December 1, 2014, the Company terminated its investment in the Captive.
	(d)	Included within “(Loss) income from discontinued operations” are the following: property-level operating results attributable to the five properties the Company acquired from its RioCan unconsolidated joint venture on October 1, 2013; all property-level operating results attributable to the Hampton unconsolidated joint venture; and, the property-level operating results recognized by the Company’s MS Inland unconsolidated joint venture related to a property sold to the Company’s RioCan unconsolidated joint venture. The property-level operating results for the portfolio of properties held by the Company’s MS Inland unconsolidated joint venture are presented within “Income (loss) from continuing operations” above given that the Company’s acquisition of its partner’s 80% interest in all of the properties was a transaction among partners. The property-level operating results of the eight RioCan properties in which the Company’s partner acquired the Company’s 20% interest are presented within “Income (loss) from continuing operations” above given the continuity of the controlling financial interest before and after the dissolution transaction.
	Profits, Losses and Capital Activity
	The following table summarizes the Company’s share of net income (loss) as well as net cash distributions from (contributions to) each unconsolidated joint venture:
			The Company’s Share of										Net Cash Distributions from/									Fees Earned by the Company for the
			Net Income (Loss) for the										(Contributions to) Joint Ventures for									Years Ended December 31,
			Years Ended December 31,										the Years Ended December 31,
	Joint Venture		2014				2013			2012			2014			2013			2012			2014			2013		2012
	MS Inland (a)		$	241			$	661		$	18		$	1,360		$	2,369		$	1,992		$	338		$	859	$	851
	Hampton (b)		—				2,576			(890		)	—			855			68			—			1		3
	RioCan (c)		—				(176		)	(2,467		)	—			(2,394		)	10,958			—			1,648		2,109
	Captive (d)		(2,444		)		(2,589		)	(3,081		)	(25		)	(2,503		)	(3,268		)	—			—		—
			$	(2,203	)		$	472		$	(6,420	)	$	1,335		$	(1,673	)	$	9,750		$	338		$	2,508	$	2,963
	(a)	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland.
(b)	During the years ended December 31, 2013 and 2012, Hampton determined that the carrying value of certain of its assets was not recoverable and, accordingly, recorded property level impairment charges in the amounts of $298 and $1,593, of which the Company’s share was $286 and $1,527, respectively. The joint venture’s estimates of fair value relating to these impairment assessments were based upon bona fide purchase offers. During 2013, the Company dissolved its joint venture arrangement with its partner in Hampton.
(c)	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RioCan.
(d)	Effective December 1, 2014, the Company terminated its participation in the Captive.
In addition to the Company’s share of net income (loss) for each unconsolidated joint venture, amortization of basis differences is recorded within “Equity in loss of unconsolidated joint ventures, net” in the consolidated statements of operations and other comprehensive income (loss). Such basis differences resulted from the differences between the Company’s net book values based on historical cost and the fair values of investment properties contributed to its unconsolidated joint ventures and are amortized over the depreciable lives of the joint ventures’ real estate assets and liabilities. The Company recorded amortization of $115, $116 and $113, which was accretive to net income, related to these differences during the years ended December 31, 2014, 2013 and 2012, respectively.
The Company did not have any unconsolidated joint ventures as of December 31, 2014. When the Company holds investments in unconsolidated joint ventures, they are reviewed for potential impairment, in addition to impairment evaluations of the individual assets underlying these investments, each reporting period or whenever events or changes in circumstances warrant such an evaluation. To determine whether impairment, if any, is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying value is fully recovered. As a result of such evaluations, impairment charges of $1,834 were recorded during the year ended December 31, 2013 to write down the carrying value of the Company’s investment in Hampton. The Company’s Hampton joint venture arrangement was dissolved during the year ended December 31, 2013. No impairment charges to the Company’s investments in unconsolidated joint venture’s were recorded during the years ended December 31, 2014 and 2012.
Acquisitions and Dispositions
On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland by acquiring its partner’s 80% ownership interest in the six multi-tenant retail properties owned by the joint venture (see Note 3). The six properties had, at acquisition, a combined fair value of $292,500, with the Company’s partner’s interest valued at $234,000. The Company paid total cash consideration of approximately $120,600 before transaction costs and prorations and after assumption of the joint venture’s in-place mortgage financing on those properties of $141,698 at a weighted average interest rate of 4.79%. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $24,158 in the second quarter of 2014 as a result of remeasuring the carrying value of its 20% interest in the six acquired properties to fair value. The following table summarizes the calculation of the gain on change in control of investment properties recognized in conjunction with the transaction discussed above:
Fair value of the net assets acquired at 100%		$	150,802
Fair value of the net assets acquired at 20%		$	30,160
Less: Carrying value of the Company’s previous investment in the six properties acquired on June 5, 2014		6,002
Gain on change in control of investment properties		$	24,158
On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RioCan as follows:
•	The Company acquired its partner’s 80% ownership interest in five properties owned by the joint venture (see Note 3). The properties have a fair value of approximately $124,800, with the Company’s partner’s interest valued at approximately $99,900. The Company paid total cash consideration of approximately $45,500 before transaction costs and prorations and after assumption of the joint venture’s in-place mortgage financing on those properties of approximately $67,900 at a weighted average interest rate of 4.8%. The Company accounted for this transaction as a business combination and recognized a gain on change in control of investment properties of $5,435 as a result of remeasuring the carrying value of its 20% interest in the five acquired properties to fair value. The following table summarizes the calculation of the gain on change in control of investment properties recognized in conjunction with the transaction discussed above:
Fair value of the net assets acquired at 100%		$	56,919
Fair value of the net assets acquired at 20%		$	11,384
Less: Carrying value of the Company’s previous investment in the five properties acquired on October 1, 2013		5,949
Gain on change in control of investment properties		$	5,435
•	The Company sold to its partner its 20% ownership interest in the remaining eight properties owned by the joint venture. The properties have a fair value of approximately $477,500, with the Company’s 20% interest valued at approximately $95,500. The Company received cash consideration of approximately $53,700 before transaction costs and prorations and after the partner assumed the joint venture’s in-place mortgage financing on those properties of approximately $209,200 at a weighted average interest rate of 3.7%. The Company recognized a $17,499 gain on sale of its interest in RioCan as a result of the transaction upon meeting all applicable sales criteria. The following table summarizes the calculation of the gain on sale of joint venture interest recognized in conjunction with the transaction described above:
Investment in RioCan at September 30, 2013		$	41,523
Less: Carrying value of the Company’s previous investment in the five properties		5,949
acquired on October 1, 2013
Pre-disposition investment in RioCan		$	35,574
Net consideration received at close for the Company’s interest in RioCan		$	53,073
Less: Pre-disposition investment in RioCan		35,574
Gain on sale of joint venture interest		$	17,499
Also during the year ended December 31, 2013, Hampton sold the two remaining properties in its portfolio. Such transactions aggregated a combined sales price of $13,300, resulting in a gain on sale of $1,019 on one of the properties. Proceeds from the sales were used to pay down the entire $12,631 balance of the joint venture’s outstanding debt. As of December 31, 2013, no properties remained in the Hampton joint venture and the venture had been dissolved.

Equity

Equity	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Equity	Equity
	On March 7, 2013, the Company established an at-the-market (ATM) equity program under which it may sell shares of its Class A common stock, having an aggregate offering price of up to $200,000, from time to time. Actual sales may depend on a variety of factors, including, among others, market conditions and the trading price of the Company’s Class A common stock. The net proceeds are expected to be used for general corporate purposes, which may include repaying debt, including the Company's unsecured revolving line of credit, and funding acquisitions.
	The Company did not sell any shares under its ATM equity program during the year ended December 31, 2014.
	The following table presents activity under the Company’s ATM equity program:
		Number of	Total net		Average price
		common	consideration		per share
		shares sold
	First quarter 2013	56	$	688	$	14.94
	Second quarter 2013	5,491	$	82,839	$	15.3
	Third quarter 2013	—	$	—	$	—
	Fourth quarter 2013	—	$	—	$	—
	Year to date December 31, 2013	5,547	$	83,527	$	15.29
	First quarter 2014	—	$	—	$	—
	Second quarter 2014	—	$	—	$	—
	Third quarter 2014	—	$	—	$	—
	Fourth quarter 2014	—	$	—	$	—
	Year to date December 31, 2014	—	$	—	$	—
	As of December 31, 2014, the Company had Class A common shares having an aggregate offering price of up to $115,165 remaining available for sale under its ATM equity program.

Earnings_per_Share

Earnings per Share	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share
	The following is a reconciliation between weighted average shares used in the basic and diluted earnings per share (EPS) calculations:
		Year Ended December 31,
		2014				2013				2012
	Numerator:
	Income (loss) from continuing operations	$	597			$	(42,855	)		$	(14,368	)
	Gain on sales of investment properties, net	42,196				5,806				7,843
	Preferred stock dividends	(9,450		)		(9,450		)		(263		)
	Income (loss) from continuing operations attributable to common shareholders	33,343				(46,499		)		(6,788		)
	Income from discontinued operations	507				50,675				6,078
	Net income (loss) attributable to common shareholders	33,850				4,176				(710		)
	Distributions paid on unvested restricted shares	(225		)		(59		)		(25		)
	Net income (loss) attributable to common shareholders excluding amounts	$	33,625			$	4,117			$	(735	)
	attributable to unvested restricted shares
	Denominator:
	Denominator for earnings (loss) per common share — basic:
	Weighted average number of common shares outstanding	236,184			(a)	234,134			(b)	220,464			(c)
	Effect of dilutive securities — stock options	3			(d)	—			(d)	—			(d)
	Denominator for earnings (loss) per common share — diluted:
	Weighted average number of common and common equivalent	236,187				234,134				220,464
	shares outstanding
	(a)	Excluded from this weighted average amount are 396 shares of unvested restricted common stock, which equate to 364 shares on a weighted average basis for the year ended December 31, 2014. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
	(b)	Excluded from this weighted average amount are 152 shares of unvested restricted common stock, which equate to 106 shares on a weighted average basis for the year ended December 31, 2013. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
	(c)	Excluded from this weighted average amount are 46 shares of unvested restricted common stock, which equate to 40 shares on a weighted average basis for the year ended December 31, 2012. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
	(d)	There were outstanding options to purchase 64, 78 and 83 shares of common stock as of December 31, 2014, 2013 and 2012, respectively, at a weighted average exercise price of $19.32, $19.10 and $19.31, respectively. Of these totals, outstanding options to purchase 54, 78 and 83 shares of common stock as of December 31, 2014, 2013 and 2012, respectively, at a weighted average exercise price of $20.72, $19.10 and $19.31, respectively, have been excluded from the common shares used in calculating diluted earnings per share as including them would be anti-dilutive.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	The Company has elected to be taxed as a REIT under the Code. To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement to annually distribute to its shareholders at least 90% of its REIT taxable income, prior to the deduction for dividends paid and excluding net capital gains. The Company intends to continue to adhere to these requirements and to maintain its REIT status. As a REIT, the Company is entitled to a deduction for some or all of the distributions it pays to shareholders. Accordingly, the Company is generally subject to U.S. federal income taxes on any taxable income that is not currently distributed to its shareholders. If the Company fails to qualify as a REIT in any taxable year, it will be subject to U.S. federal income taxes and may not be able to qualify as a REIT until the fifth subsequent taxable year.
	Notwithstanding the Company’s qualification as a REIT, the Company may be subject to certain state and local taxes on its income or properties. In addition, the Company’s consolidated financial statements include the operations of one wholly-owned subsidiary that has jointly elected to be treated as a TRS and is subject to U.S. federal, state and local income taxes at regular corporate tax rates. The Company did not record any income tax expense related to the TRS for the year ended December 31, 2014. The Company recorded $189 and $150 of income tax expense related to the TRS for the years ended December 31, 2013 and 2012, respectively. As a REIT, the Company may also be subject to certain U.S. federal excise taxes if it engages in certain types of transactions.
	Deferred income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted rates in effect for the year in which these temporary differences are expected to reverse. Deferred tax assets are recognized only to the extent that it is more likely than not that they will be realized based on consideration of available evidence, including future reversal of existing taxable temporary differences, the magnitude and timing of future projected taxable income and tax planning strategies. The Company believes that it is not more likely than not that a portion of its net deferred tax asset will be realized in future periods and therefore, has recorded a valuation allowance for a portion of the balance, resulting in no effect on the consolidated financial statements.
	The Company’s deferred tax assets and liabilities as of December 31, 2014 and 2013 were as follows:
			2014			2013
	Deferred tax assets:
	Basis difference in properties		$	14,211		$	16,417
	Capital loss carryforward		3,225			—
	Net operating loss carryforward		2,995			2,228
	Other		140			194
	Gross deferred tax assets		20,571			18,839
	Less: valuation allowance		(20,355		)	(18,631		)
	Total deferred tax assets		216			208
	Deferred tax liabilities:
	Other		(216		)	(208		)
	Net deferred tax assets		$	—		$	—
	The Company’s deferred tax assets and liabilities result from the activities of the TRS. As of December 31, 2014, the TRS had a capital loss carryforward and a federal net operating loss carryforward of $8,753 and $8,131, respectively, which if not utilized, will begin to expire in 2018 and 2031, respectively.
	Differences between net income (loss) from the consolidated statements of operations and other comprehensive income (loss) and the Company’s taxable income (loss) primarily relate to impairment charges recorded on investment properties and the timing of both revenue recognition and investment property depreciation and amortization.
	The following table reconciles the Company’s net income (loss) to REIT taxable income before the dividends paid deduction for the years ended December 31, 2014, 2013 and 2012:
			2014			2013			2012
	Net income (loss) attributable to the Company		$	43,300		$	13,626		$	(447	)
	Book/tax differences		71,910			60,098			3,807
	REIT taxable income subject to 90% dividend requirement		$	115,210		$	73,724		$	3,360
	The Company’s dividends paid deduction for the years ended December 31, 2014, 2013 and 2012 is summarized below:
			2014			2013			2012
	Cash distributions paid		$	166,025		$	164,391		$	140,017
	Less: non-dividend distributions		(50,815		)	(90,667		)	(136,657		)
	Total dividends paid deduction attributable to earnings and profits		$	115,210		$	73,724		$	3,360
	A summary of the tax characterization of the distributions paid per share to shareholders of the Company’s preferred stock and common stock for the years ended December 31, 2014, 2013 and 2012 follows:
			2014			2013			2012
	Preferred stock
	Ordinary dividends		$	1.75		$	1.8		$	—
	Non-dividend distributions		—			—			—
	Total distributions per share		$	1.75		$	1.8		$	—
	Common stock
	Ordinary dividends		$	0.45		$	0.27		$	0.02		(a)
	Non-dividend distributions		0.21			0.39			0.64
	Total distributions per share		$	0.66		$	0.66		$	0.66
	(a)	$0.02 included in ordinary dividends is considered a qualified dividend.
	The Company records a benefit for uncertain income tax positions if the result of a tax position meets a “more likely than not” recognition threshold. No liabilities have been recorded as of December 31, 2014 or 2013 as a result of this provision. The Company expects no significant increases or decreases in unrecognized tax benefits due to changes in tax positions within one year of December 31, 2014. Returns for the calendar years 2011 through 2014 remain subject to examination by federal and various state tax jurisdictions.

Provision_for_Impairment_of_In

Provision for Impairment of Investment Properties	12 Months Ended
	Dec. 31, 2014
Impairment or Disposal of Tangible Assets Disclosure [Abstract]
Provision for Impairment of Investment Properties	Provision for Impairment of Investment Properties
	As of December 31, 2014, the Company identified certain indicators of impairment at eight of its properties, two of which were classified as held for sale as of December 31, 2014. Such indicators included a low occupancy rate, difficulty in leasing space and related cost of re-leasing, financially troubled tenants or reduced anticipated holding periods. The Company performed individual cash flow analyses for this population and determined it was necessary to record impairment charges to write down the carrying value of its investment in three properties to each property’s estimated fair value. One property, Promenade at Red Cliff, which is classified as held for sale as of December 31, 2014, was considered to have an impairment indicator, however was not considered impaired based upon the anticipated sales price of the property. For the remaining four properties, the Company determined that the projected undiscounted cash flows based upon the estimated holding period for each asset exceeded their respective carrying value by a weighted average of 48%.
	The investment property impairment charges recorded by the Company during the year ended December 31, 2014 are summarized below:
	Property Name		Property Type	Impairment Date	Square	Provision for
					Footage	Impairment of
						Investment
						Properties
	Midtown Center (a)		Multi-tenant retail	31-Mar-14	408,500	$	394
	Gloucester Town Center		Multi-tenant retail	Various (b)	107,200	6,148
	Boston Commons (a)		Multi-tenant retail	19-Aug-14	103,400	453
	Four Peaks Plaza (a)		Multi-tenant retail	27-Aug-14	140,400	4,154
	Shaw’s Supermarket (c)		Single-user retail	30-Sep-14	65,700	6,230
	The Gateway (d)		Multi-tenant retail	30-Sep-14	623,200	42,999
	Newburgh Crossing (a)		Multi-tenant retail	22-Dec-14	62,900	1,139
	Hartford Insurance Building (e)		Single-user office	31-Dec-14	97,400	5,782
	Citizen’s Property Insurance Building (e)		Single-user office	31-Dec-14	59,800	4,341
	Aon Hewitt East Campus (f)		Single-user office	31-Dec-14	343,000	563
					Total	$	72,203
			Estimated fair value of impaired properties as of impairment date			$	190,953
	(a)	The Company recorded impairment charges based upon the terms and conditions of an executed sales contract for each of the respective properties, which were sold during 2014 and are included in continuing operations.
	(b)	An impairment charge was recorded on June 30, 2014 based upon the terms of a bona fide purchase offer and additional impairment was recognized on September 30, 2014 pursuant to the terms and conditions of an executed sales contract.
	(c)	The Company recorded an impairment charge upon re-evaluating the strategic alternatives for the property.
	(d)	The Company recorded an impairment charge as a result of a combination of factors including the expected impact on future operating results stemming from a re-evaluation of the anticipated positioning of, and tenant population at, the property and a re-evaluation of other potential strategic alternatives for the property.
	(e)	The Company recorded impairment charges driven by changes in the estimated holding periods for the properties.
	(f)	The Company recorded an impairment charge based upon the terms and conditions of an executed sales contract. This property was classified as held for sale as of December 31, 2014 and was sold on January 20, 2015.
	As part of its analyses performed as of December 31, 2013, the Company identified certain indicators of impairment at 14 of its properties, nine of which were either sold or held for sale as of December 31, 2014. Such indicators included a low occupancy rate, difficulty in leasing space and related cost of re-leasing, financially troubled tenants or reduced anticipated holding periods. The Company performed individual cash flow analyses for this population and determined it was necessary to record impairment charges to write down the carrying value of its investment in three properties to each property’s estimated fair value. One property, Riverpark Phase IIA, which was classified as held for sale as of December 31, 2013, was considered to have an impairment indicator, however was not considered to be impaired based upon the terms and conditions of the executed sales contract in place as of December 31, 2013. For the remaining 10 properties, the Company determined that the projected undiscounted cash flows based upon the estimated holding period for each asset exceeded their respective carrying value by a weighted average of 20%.
	The investment property impairment charges recorded by the Company during the year ended December 31, 2013 are summarized below:
	Property Name		Property Type	Impairment Date	Square	Provision for
					Footage	Impairment of
						Investment
						Properties
	Aon Hewitt East Campus (a)		Single-user office	30-Sep-13	343,000	$	27,183
	Four Peaks Plaza (b)		Multi-tenant retail	31-Dec-13	140,400	7,717
	Lake Mead Crossing (b)		Multi-tenant retail	31-Dec-13	221,200	24,586
						59,486
	Discontinued Operations:
	University Square (c)		Multi-tenant retail	30-Jun-13	287,000	6,694
	Raytheon Facility		Single-user office	Various (d)	105,000	2,518
	Shops at 5		Multi-tenant retail	Various (d)	421,700	21,128
	Preston Trail Village		Multi-tenant retail	Various (d)	180,000	1,941
	Rite Aid - Atlanta		Single-user retail	Various (d)	10,900	266
						32,547
					Total	$	92,033
			Estimated fair value of impaired properties as of impairment date			$	134,853
	(a)	The Company recorded an impairment charge driven by a change in the estimated holding period for the property. The amount of the impairment charge was based upon the terms and conditions of a bona fide purchase offer received from an unaffiliated third party.
	(b)	The Company recorded impairment charges driven by changes in the estimated holding periods for the properties.
	(c)	The Company recorded an impairment charge upon re-evaluating the strategic alternatives for the property, which was subsequently sold on October 25, 2013.
	(d)	Impairment charges were recorded at various dates during the year ended December 31, 2013 initially based upon the terms of bona fide purchase offers, subsequent revisions pursuant to contract negotiations or final disposition price, as applicable.
	As part of its analyses performed as of December 31, 2012, the Company identified certain indicators of impairment at 13 of its properties, six of which were either sold or held for sale as of December 31, 2014. Such indicators included a low occupancy rate, difficulty in leasing space and related cost of re-leasing, financially troubled tenants or reduced anticipated holding periods. The Company performed individual cash flow analyses for this population and determined it was necessary to record impairment charges to write down the carrying value of its investment in three properties to each property’s estimated fair value. For the remaining seven properties, the Company determined that the projected undiscounted cash flows based upon the estimated holding period for each asset exceeded their respective carrying value by a weighted average of 57%.
	The investment property impairment charges recorded by the Company during the year ended December 31, 2012 are summarized below:
	Property Name		Property Type	Impairment Date	Square	Provision for
					Footage	Impairment of
						Investment
						Properties
	Towson Circle		Multi-tenant retail	25-Jun-12	n/a (a)	$	1,323
	Discontinued Operations:
	Various (b)		Single-user retail	18-Sep-12	1,000,400	1,100
	Various (c)		Multi-tenant retail	25-Sep-12	132,600	5,528
	Mervyns - McAllen		Single-user retail	30-Sep-12	78,000	2,950
	Mervyns - Bakersfield		Single-user retail	30-Sep-12	75,100	37
	Pro’s Ranch Market		Single-user retail	Various (d)	75,500	2,749
	American Express - Phoenix		Single-user office	Various (d)	117,600	4,902
	Mervyns - Fontana		Single-user retail	24-Dec-12	79,000	352
	Mervyns - Ridgecrest		Single-user retail	Various (d)	59,000	1,622
Dick’s Sporting Goods - Fresno		Multi-tenant retail	Various (d)	77,400	2,982
Mervyns - Highland		Single-user retail	Various (d)	80,500	2,297
					24,519
				Total	$	25,842
		Estimated fair value of impaired properties as of impairment date			$	161,039
(a)	The Company sold a parcel of land to an unaffiliated third party for which the allocated carrying value was $1,323 greater than the sales price. Such disposition did not qualify for discontinued operations accounting treatment.
(b)	The Company recorded an impairment charge in conjunction with the sale of 13 former Mervyns properties located throughout California based upon the terms and conditions of the executed sales contract.
(c)	The Company recorded an impairment charge in conjunction with the sale of three multi-tenant retail properties located near Dallas, Texas based upon the terms and conditions of the executed sales contract.
(d)	Impairment charges were recorded at various dates during the year ended December 31, 2012 initially based upon the terms of bona fide purchase offers, subsequent revisions pursuant to contract negotiations or final disposition price, as applicable.
The Company can provide no assurance that material impairment charges with respect to the Company’s investment properties will not occur in future periods.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements
	Fair Value of Financial Instruments
	The following table presents the carrying value and estimated fair value of the Company’s financial instruments:
		December 31, 2014					December 31, 2013
		Carrying Value			Fair Value		Carrying Value			Fair Value
	Financial liabilities:
	Mortgages payable, net	$	1,634,465		$	1,749,671	$	1,684,633		$	1,827,638
	Unsecured notes payable	$	250,000		$	258,360	$	—		$	—
	Credit facility	$	450,000		$	451,502	$	615,000		$	617,478
	Derivative liability	$	562		$	562	$	751		$	751
	The carrying values of mortgages payable, net and unsecured notes payable in the table are included in the consolidated balance sheets under the indicated captions. The carrying value of the credit facility is comprised of the “Unsecured term loan” and the “Unsecured revolving line of credit” and the carrying value of the derivative liability is included in “Other liabilities” in the consolidated balance sheets.
	Fair Value Hierarchy
	A fair value measurement is based on the assumptions that market participants would use in pricing an asset or liability in an orderly transaction. The hierarchy for inputs used in measuring fair value are as follows:
	•	Level 1 Inputs — Unadjusted quoted prices in active markets for identical assets or liabilities.
	•	Level 2 Inputs — Observable inputs other than quoted prices in active markets for identical assets and liabilities.
	•	Level 3 Inputs — Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable.
	When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.
	Recurring Fair Value Measurements
	The following table presents the Company’s financial instruments, which are measured at fair value on a recurring basis, by the level in the fair value hierarchy within which those measurements fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
		Fair Value
		Level 1			Level 2		Level 3			Total
	December 31, 2014
	Derivative liability	$	—		$	562	$	—		$	562
	December 31, 2013
	Derivative liability	$	—		$	751	$	—		$	751
	Derivative liability:  The fair value of the derivative liability is determined using a discounted cash flow analysis on the expected future cash flows of each derivative. This analysis utilizes observable market data including forward yield curves and implied volatilities to determine the market’s expectation of the future cash flows of the variable component. The fixed and variable components of the derivative are then discounted using calculated discount factors developed based on the LIBOR swap rate and are aggregated to arrive at a single valuation for the period. The Company also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of December 31, 2014 and 2013, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation. As a result, the Company has determined that its derivative valuations in their entirety are appropriately classified within Level 2 of the fair value hierarchy. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered any applicable credit enhancements. The Company’s derivative instruments are further described in Note 10.
	Nonrecurring Fair Value Measurements
	The following table presents the Company’s assets measured on a nonrecurring basis as of December 31, 2014 and 2013, aggregated by the level within the fair value hierarchy in which those measurements fall. The table includes information related to properties remeasured to fair value during the years ended December 31, 2014 and 2013, except for those properties sold prior to December 31, 2014 and 2013, respectively. Methods and assumptions used to estimate the fair value of these assets are described after the table.
		Fair Value
		Level 1			Level 2		Level 3			Total		Provision for
												Impairment (a)
	December 31, 2014
	Investment properties	$	—		$	—	$	86,500	(b)	$	86,500	$	59,352
	Investment properties - held for sale (c)	$	—		$	17,233	$	—		$	17,233	$	563
	December 31, 2013
	Investment properties (d)	$	—		$	—	$	75,000		$	75,000	$	59,486
	(a)	Excludes impairment charges recorded on investment properties sold prior to December 31, 2014 and 2013, respectively.
	(b)	Represents the fair values of the Company’s Shaw’s Supermarket, The Gateway, Hartford Insurance Building and Citizen’s Property Insurance Building investment properties. The estimated fair values of Shaw’s Supermarket and The Gateway of $3,100 and $75,400, respectively, were determined using the income approach. The income approach involves discounting the estimated income stream and reversion (presumed sale) value of a property over an estimated holding period to a present value at a risk-adjusted rate. Discount rates, growth assumptions and terminal capitalization rates utilized in this approach are derived from property-specific information, market transactions and other industry data. The terminal capitalization rate and discount rate are significant inputs to this valuation. The following were the key Level 3 inputs used in estimating the fair value of Shaw’s Supermarket and The Gateway as of September 30, 2014.
			2014
			Low	High
	Rental growth rates		Varies (i)	Varies (i)
	Operating expense growth rates		1.39%	3.70%
	Discount rates		8.25%	9.50%
	Terminal capitalization rates		7.50%	8.50%
	(i)	Since cash flow models are established at the tenant level, projected rental revenue growth rates fluctuate over the course of the estimated holding period based upon the timing of lease rollover, amount of available space and other property and space-specific factors.
	The estimated fair values of Hartford Insurance Building and Citizen’s Property Insurance Building of $5,000 and $3,000, respectively, were based upon third party comparable sales prices, which contain unobservable inputs used by these third parties to determine the estimated fair values.
	(c)	Represents an impairment charge recorded during the the three months ended December 31, 2014 for Aon Hewitt East Campus, which was classified as held for sale as of December 31, 2014. Such charge, calculated as the expected sales price from the executed sales contract less estimated transaction costs as compared to the Company’s carrying value of its investment, was determined to be a Level 2 input. The estimated transaction costs totaling $738 are not reflected as a reduction to the fair value disclosed in the table above.
	(d)	Includes impairment charges to write down the carrying value of the Company’s Aon Hewitt East Campus, Four Peaks Plaza and Lake Mead Crossing investment properties to estimated fair value. The estimated fair value of Aon Hewitt East Campus of $18,000 was based upon a bona fide purchase offer received by the Company from an unaffiliated third party (a Level 3 input). The estimated fair value of Four Peaks Plaza and Lake Mead Crossing of $14,000 and $43,000, respectively, were determined using the income approach. See footnote (b) above for a full description of the income approach. The following were the key Level 3 inputs used in estimating the fair value of Four Peaks Plaza and Lake Mead Crossing as of December 31, 2013.
			2013
			Low	High
	Rental growth rates		Varies (i)	Varies (i)
	Operating expense growth rates		3.27%	3.56%
	Discount rates		7.29%	8.45%
	Terminal capitalization rates		6.79%	8.49%
	(i)	Since cash flow models are established at the tenant level, projected rental revenue growth rates fluctuate over the course of the estimated holding period based upon the timing of lease rollover, amount of available space and other property and space-specific factors.
	Fair Value Disclosures
	The following table presents the Company’s financial liabilities, which are measured at fair value for disclosure purposes, by the level in the fair value hierarchy within which those measurements fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
		Fair Value
		Level 1			Level 2		Level 3			Total
	December 31, 2014
	Mortgages payable, net	$	—		$	—	$	1,749,671		$	1,749,671
	Unsecured notes payable	$	—		$	—	$	258,360		$	258,360
	Credit facility	$	—		$	—	$	451,502		$	451,502
	December 31, 2013
Mortgages payable, net	$	—		$	—	$	1,827,638		$	1,827,638
Credit facility	$	—		$	—	$	617,478		$	617,478
Mortgages payable, net:  The Company estimates the fair value of its mortgages payable by discounting the future cash flows of each instrument at rates currently offered to the Company by its lenders for similar debt instruments of comparable maturities. The rates used are not directly observable in the marketplace and judgment is used in determining the appropriate rate for each of the Company’s individual mortgages payable based upon the specific terms of the agreement, including the term to maturity, the quality and nature of the underlying property and its leverage ratio. The rates used range from 2.2% to 4.0% and 2.4% to 5.6% as of December 31, 2014 and 2013, respectively.
Unsecured notes payable: The Company estimates the fair value of its unsecured notes payable by discounting the future cash flows at rates currently offered to the Company by its lenders for similar debt instruments of comparable maturities. The rates used are not directly observable in the marketplace and judgment is used in determining the appropriate rates. The weighted average rate used was 3.97% as of December 31, 2014.
Credit facility:  The Company estimates the fair value of its credit facility by discounting the future cash flows related to the credit spreads at rates currently offered to the Company by its lenders for similar facilities of comparable maturities. The rates used are not directly observable in the marketplace and judgment is used in determining the appropriate rates. The rates used to discount the credit spreads were 1.35% for the unsecured term loan as of both December 31, 2014 and 2013 and 1.40% for the unsecured revolving line of credit as of December 31, 2013.
There were no transfers between the levels of the fair value hierarchy during the years ended December 31, 2014 and 2013.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	Insurance Captive
	On December 1, 2014, the Company formed a wholly-owned captive insurance company, Birch Property and Casualty LLC (Birch), which insures the Company’s first layer of property and general liability insurance claims subject to certain limitations. The Company capitalized Birch in accordance with the applicable regulatory requirements and Birch established annual premiums based on projections derived from the past loss experience of the Company’s properties.
	Guarantees
	Although the mortgage loans obtained by the Company are generally non-recourse, occasionally the Company may guarantee all or a portion of the debt on a full-recourse basis. As of December 31, 2014, the Company has guaranteed $7,991 of its outstanding mortgage and construction loans, with maturity dates ranging from November 2, 2015 through September 30, 2016.

Litigation

Litigation	12 Months Ended
	Dec. 31, 2014
Loss Contingency, Information about Litigation Matters [Abstract]
Legal Matters and Contingencies	Litigation
	The Company is subject, from time to time, to various legal proceedings and claims that arise in the ordinary course of business. While the resolution of such matters cannot be predicted with certainty, management believes, based on currently available information, that the final outcome of such matters will not have a material effect on the consolidated financial statements of the Company.

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events
	Subsequent to December 31, 2014, the Company:
	•	drew $225,000, net of repayments, on its unsecured revolving line of credit and used the proceeds and available cash on hand to acquire the following properties:
	•	the retail portion of Downtown Crown, a Class A mixed-use property located in Gaithersburg, Maryland, from a third party for a gross purchase price of $162,785. The property contains approximately 258,000 square feet of retail space;
	•	Merrifield Town Center, a Class A mixed-use property located in Merrifield, Virginia, from a third party for a gross purchase price of $56,500. The property contains approximately 85,000 square feet of retail space; and
	•	Fort Evans Plaza II, a Class A multi-tenant retail property located in Leesburg, Virginia, from a third party for a gross purchase price of $65,000. The property contains approximately 229,000 square feet.
	•	closed on the disposition of Aon Hewitt East Campus, a 343,000 square foot single-user office property located in Lincolnshire, Illinois, for a sales price of $17,233 with no significant gain or loss on sale due to impairment charges previously recognized; and
	•	repaid a pool of mortgages payable with an aggregate principal balance of $18,504 and an interest rate of 6.39%.
	On February 10, 2015, the Company’s board of directors declared the cash dividend for the first quarter of 2015 for the Company’s 7.00% Series A cumulative redeemable preferred stock. The dividend of $0.4375 per preferred share will be paid on March 31, 2015 to preferred shareholders of record at the close of business on March 20, 2015.
	On February 10, 2015, the Company’s board of directors declared the distribution for the first quarter of 2015 of $0.165625 per share on the Company’s outstanding Class A common stock, which will be paid on April 10, 2015 to Class A common shareholders of record at the close of business on March 27, 2015.

Quarterly_Financial_Informatio

Quarterly Financial Information (unaudited)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (unaudited)	Quarterly Financial Information (unaudited)
	The following table sets forth selected quarterly financial data for the Company:
			2014
			31-Dec		30-Sep			30-Jun		31-Mar
	Total revenues (a)		$	153,531	$	151,446		$	146,446	$	149,191
	Net income (loss)		$	25,865	$	(26,736	)	$	30,043	$	14,128
	Net income (loss) attributable to common shareholders		$	23,502	$	(29,098	)	$	27,680	$	11,766
	Net income (loss) per common share attributable to common		$	0.1	$	(0.12	)	$	0.12	$	0.05
	shareholders — basic and diluted
	Weighted average number of common shares outstanding — basic		236,204		236,203			236,176		236,151
	Weighted average number of common shares outstanding — diluted		236,207		236,203			236,179		236,153
			2013
			31-Dec		30-Sep			30-Jun		31-Mar
	Total revenues (a)		$	150,689	$	136,198		$	132,418	$	132,203
	Net income (loss)		$	37,087	$	(37,552	)	$	15,971	$	(1,880	)
	Net income (loss) attributable to common shareholders		$	34,724	$	(39,914	)	$	13,608	$	(4,242	)
	Net income (loss) per common share attributable to common		$	0.15	$	(0.17	)	$	0.06	$	(0.02	)
	shareholders — basic and diluted
	Weighted average number of common shares outstanding — basic		236,151		236,151			233,624		230,611
	Weighted average number of common shares outstanding — diluted		236,151		236,151			233,627		230,611
	(a)	Unaudited quarterly “Total revenues” reflects the reclassification of a portion of amounts previously included in “Loss on lease terminations” on the Company’s accompanying consolidated statements of operations and other comprehensive income (loss). The portion of loss on lease terminations reclassified as an increase to rental income was $44, $140 and $403 for the quarterly periods ended September 30, June 30 and March 31, 2014, respectively. The portion of loss on lease terminations reclassified as a (decrease) or increase to rental income was $(27), $72, $98 and $142 for the quarterly periods ended December 31, September 30, June 30 and March 31, 2013, respectively.

Schedule_II_Valuation_and_Qual

Schedule II Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2014
Valuation and Qualifying Accounts [Abstract]
Schedule II Valuation and Qualifying Accounts	Schedule II
	Valuation and Qualifying Accounts
	For the Years Ended December 31, 2014, 2013 and 2012
	(in thousands)
		Balance at		Charged to		Write-offs		Balance at
		beginning		costs and				end of year
		of year		expenses
	Year ended December 31, 2014
	Allowance for doubtful accounts	$	8,197	2,689		(3,389	)	$	7,497
	Tax valuation allowance	$	18,631	1,724		—		$	20,355
	Year ended December 31, 2013
	Allowance for doubtful accounts	$	6,452	4,600		(2,855	)	$	8,197
	Tax valuation allowance	$	7,852	10,779		—		$	18,631
	Year ended December 31, 2012
	Allowance for doubtful accounts	$	8,231	969		(2,748	)	$	6,452
	Tax valuation allowance	$	8,900	(1,048	)	—		$	7,852

Schedule_III_Real_Estate_and_A

Schedule III Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	Schedule III
	Real Estate and Accumulated Depreciation
	December 31, 2014
	(in thousands)
							Initial Cost (A)										Gross amount carried at end of period
	Property Name		Encumbrance				Land			Buildings and Improvements			Adjustments to Basis (C)				Land and Improvements			Buildings and Improvements (D)		Total (B), (D)			Accumulated Depreciation (E)		Date Constructed	Date Acquired
	23rd Street Plaza		$	3,059			$	1,300		$	5,319		$	871			$	1,300		$	6,190	$	7,490		$	2,045	2003	4-Dec
	Panama City, FL
	Academy Sports		—				1,230			3,752			—				1,230			3,752		4,982			1,432		2004	4-Jul
	Houma, LA
	Academy Sports		2,549				1,340			2,943			3				1,340			2,946		4,286			1,097		2004	4-Jul
	Midland, TX
	Academy Sports		3,096				1,050			3,954			6				1,050			3,960		5,010			1,476		2004	4-Jul
	Port Arthur, TX
	Academy Sports		—				3,215			3,963			—				3,215			3,963		7,178			1,440		2004	4-Jul
	San Antonio, TX
	Alison's Corner		2,530				1,045			5,700			281				1,045			5,981		7,026			2,263		2003	4-Apr
	San Antonio, TX
	Arvada Connection and Arvada Marketplace		—				8,125			39,366			1,882				8,125			41,248		49,373			16,057		1987-1990	4-Apr
	Arvada, CO
	Ashland & Roosevelt		9,134				—			21,052			454				—			21,506		21,506			7,503		2002	5-May
	Chicago, IL
	Avondale Plaza		—				4,573			9,497			—				4,573			9,497		14,070			31		2005	14-Nov
	Redmond, WA
	Azalea Square I		11,971				6,375			21,304			1,669				6,375			22,973		29,348			8,814		2004	4-Oct
	Summerville, SC
	Azalea Square III		—				3,280			10,348			63				3,280			10,411		13,691			2,766		2007	7-Oct
	Summerville, SC
	Beachway Plaza outparcel (a)		—				318			—			375				318			375		693			4		n/a	6-May
	Bradenton, FL
	Bed Bath & Beyond Plaza		9,026				10,350			18,367			646				10,350			19,013		29,363			7,055		2004	4-Oct
	Miami, FL
	Bed Bath & Beyond Plaza		—				4,530			11,901			—				4,530			11,901		16,431			4,105		2000-2002	5-Jul
	Westbury, NY
	Best on the Boulevard		17,386				7,460			25,583			2,316				7,460			27,899		35,359			10,396		1996-1999	4-Apr
	Las Vegas, NV
	Bison Hollow		7,408				5,550			12,324			57				5,550			12,381		17,931			4,377		2004	5-Apr
	Traverse City, MI
	Boulevard at The Capital Centre		—				—			114,703			(29,779		)		—			84,924		84,924			20,913		2004	4-Sep
	Largo, MD
	RETAIL PROPERTIES OF AMERICA, INC.
	Schedule III
	Real Estate and Accumulated Depreciation
	December 31, 2014
	(in thousands)
						Initial Cost (A)							Gross amount carried at end of period
	Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
	Boulevard Plaza		2,375			4,170			12,038		3,107		4,170			15,145			19,315		5,337	1994		5-Apr
	Pawtucket, RI
	The Brickyard		—			45,300			26,657		4,561		45,300			31,218			76,518		11,039	1977/2004		5-Apr
	Chicago, IL
	Broadway Shopping Center		10,002			5,500			14,002		2,888		5,500			16,890			22,390		5,597	1960/1999-		5-Sep
	Bangor, ME																					2000
	Brown's Lane		4,940			2,600			12,005		1,213		2,600			13,218			15,818		4,599	1985		5-Apr
	Middletown, RI
	Central Texas Marketplace		45,386			13,000			47,559		6,463		13,000			54,022			67,022		15,258	2004		6-Dec
	Waco, TX
	Centre at Laurel		—			19,000			8,406		16,948		19,000			25,354			44,354		8,012	2005		6-Feb
	Laurel, MD
	Century III Plaza		—			7,100			33,212		1,711		7,100			34,923			42,023		12,029	1996		5-Jun
	West Mifflin, PA
	Chantilly Crossing		—			8,500			16,060		2,131		8,500			18,191			26,691		6,249	2004		5-May
	Chantilly, VA
	Cinemark Seven Bridges		4,940			3,450			11,728		—		3,450			11,728			15,178		4,002	2000		5-Mar
Woodridge, IL
Citizen's Property Insurance Building		—			2,150			7,601		(6,802	)	872			2,077			2,949		—	2005		5-Aug
Jacksonville, FL
Clearlake Shores		—			1,775			7,026		1,159		1,775			8,185			9,960		2,866	2003-2004		5-Apr
Clear Lake, TX
Colony Square		—			16,700			22,775		797		16,700			23,572			40,272		7,367	1997		6-May
Sugar Land, TX
The Columns		12,351			5,830			19,439		91		5,830			19,530			25,360		7,410	2004		8/04 &
Jackson, TN																							4-Oct
Commons at Royal Palm		—			6,413			9,802		—		6,413			9,802			16,215		261	2001		14-Jun
Royal Palm Beach, FL
The Commons at Temecula		25,665			12,000			35,887		1,572		12,000			37,459			49,459		13,013	1999		5-Apr
Temecula, CA
Coppell Town Center		10,730			2,919			13,281		38		2,919			13,319			16,238		669	1999		13-Oct
Coppell, TX
Coram Plaza		14,061			10,200			26,178		2,871		10,200			29,049			39,249		10,523	2004		4-Dec
Coram, NY
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Corwest Plaza		14,487			6,900			23,851		63		6,900			23,914			30,814		9,746	1999-2003		4-Jan
New Britain, CT
Cottage Plaza		10,736			3,000			19,158		197		3,000			19,355			22,355		6,993	2004-2005		5-Feb
Pawtucket, RI
Cranberry Square		11,021			3,000			18,736		1,209		3,000			19,945			22,945		7,455	1996-1997		4-Jul
Cranberry Township, PA
Crown Theater		—			7,318			954		(60	)	7,258			954			8,212		602	2000		5-Jul
Hartford, CT
Cuyahoga Falls Market Center		3,658			3,350			11,083		517		3,350			11,600			14,950		4,045	1998		5-Apr
Cuyahoga Falls, OH
CVS Pharmacy		1,654			910			2,891		—		910			2,891			3,801		1,007	1999		5-Jun
Burleson, TX
CVS Pharmacy (Eckerd)		2,233			975			2,400		2		975			2,402			3,377		979	2003		3-Dec
Edmond, OK
CVS Pharmacy		1,162			750			1,958		—		750			1,958			2,708		688	1999		5-May
Lawton, OK
CVS Pharmacy		1,918			600			2,659		—		600			2,659			3,259		942	2004		5-May
Moore, OK
CVS Pharmacy (Eckerd)		3,515			932			4,370		—		932			4,370			5,302		1,796	2003		3-Dec
Norman, OK
CVS Pharmacy		1,852			620			3,583		—		620			3,583			4,203		1,248	1999		5-Jun
Oklahoma City, OK
CVS Pharmacy		2,627			1,100			3,254		—		1,100			3,254			4,354		1,163	2004		5-Mar
Saginaw, TX
CVS Pharmacy		1,775			600			2,469		3		600			2,472			3,072		922	2004		4-Oct
Sylacauga, AL
Cypress Mill Plaza		8,444			4,962			9,976		81		4,962			10,057			15,019		575	2004		13-Oct
Cypress, TX
Davis Towne Crossing		—			1,850			5,681		1,154		1,671			7,014			8,685		2,507	2003-2004		4-Jun
North Richland Hills, TX
Denton Crossing		27,267			6,000			43,434		11,563		6,000			54,997			60,997		20,152	2003-2004		4-Oct
Denton, TX
Dorman Center I & II		20,574			17,025			29,478		1,003		17,025			30,481			47,506		12,298	2003-2004		3/04 & 7/04
Spartanburg, SC
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
East Stone Commons		—			2,900			28,714		(765	)	2,826			28,023			30,849		8,644	2005		6-Jun
Kingsport, TN
Eastwood Towne Center		21,865			12,000			65,067		3,126		12,000			68,193			80,193		25,512	2002		4-May
Lansing, MI
Edgemont Town Center		6,508			3,500			10,956		268		3,500			11,224			14,724		4,131	2003		4-Nov
Homewood, AL
Edwards Multiplex		9,501			—			35,421		—		—			35,421			35,421		12,554	1988		5-May
Fresno, CA
Edwards Multiplex		13,728			11,800			33,098		—		11,800			33,098			44,898		11,730	1997		5-May
Ontario, CA
Evans Towne Centre		4,275			1,700			6,425		632		1,700			7,057			8,757		2,459	1995		4-Dec
Evans, GA
Fairgrounds Plaza		—			4,800			13,490		4,391		5,431			17,250			22,681		6,070	2002-2004		5-Jan
Middletown, NY
Five Forks (b)		—			2,540			6,393		458		2,540			6,851			9,391		2,433	1999/2004-		12/04 &
Simpsonville, SC																					2005		5-Mar
Fordham Place		—			17,209			96,547		31		17,209			96,578			113,787		4,102	Redev: 2009		13-Nov
Bronx, NY
Forks Town Center		8,219			2,430			14,836		711		2,430			15,547			17,977		5,924	2002		4-Jul
Easton, PA
Fox Creek Village		9,025			3,755			15,563		(1,013	)	3,755			14,550			18,305		5,498	2003-2004		4-Nov
Longmont, CO
Fullerton Metrocenter		28,027			—			47,403		2,019		—			49,422			49,422		18,708	1988		4-Jun
Fullerton, CA
Galvez Shopping Center		4,082			1,250			4,947		347		1,250			5,294			6,544		1,858	2004		5-Jun
Galveston, TX
Gardiner Manor Mall		37,276			12,348			56,199		16		12,348			56,215			68,563		1,229	2000		14-Jun
Bay Shore, NY
The Gateway		95,853			28,665			110,945		(63,200	)	18,163			58,247			76,410		885	2001-2003		5-May
Salt Lake City, UT
Gateway Pavilions		24,226			9,880			55,195		1,005		9,880			56,200			66,080		20,363	2003-2004		4-Dec
Avondale, AZ
Gateway Plaza		—			—			26,371		3,693		—			30,064			30,064		10,957	2000		4-Jul
Southlake, TX
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Gateway Station		2,950			1,050			3,911		1,043		1,050			4,954			6,004		1,803	2003-2004		4-Dec
College Station, TX
Gateway Station II & III		—			3,280			11,557		44		3,280			11,601			14,881		2,826	2006-2007		7-May
College Station, TX
Gateway Village		36,377			8,550			39,298		4,283		8,550			43,581			52,131		16,431	1996		4-Jul
Annapolis, MD
Gerry Centennial Plaza		—			5,370			12,968		9,060		5,370			22,028			27,398		5,762	2006		7-Jun
Oswego, IL
Golfsmith		—			1,250			2,974		2		1,250			2,976			4,226		954	1992/2004		5-Nov
Altamonte Springs, FL
Governor's Marketplace		—			—			30,377		3,020		—			33,397			33,397		12,549	2001		4-Aug
Tallahassee, FL
Grapevine Crossing		11,119			4,100			16,938		153		3,894			17,297			21,191		6,073	2001		5-Apr
Grapevine, TX
Green's Corner		5,320			3,200			8,663		236		3,200			8,899			12,099		3,244	1997		4-Dec
Cumming, GA
Greensburg Commons		10,250			2,700			19,080		575		2,700			19,655			22,355		6,840	1999		5-Apr
Greensburg, IN
Gurnee Town Center		15,106			7,000			35,147		4,090		7,000			39,237			46,237		14,082	2000		4-Oct
Gurnee, IL
Hartford Insurance Building		—			1,700			13,709		(10,437	)	788			4,184			4,972		—	2005		5-Aug
Maple Grove, MN
Harvest Towne Center		—			3,155			5,085		(137	)	2,963			5,140			8,103		1,871	1996-1999		4-Sep
Knoxville, TN
Henry Town Center		—			10,650			46,814		6,637		10,650			53,451			64,101		17,590	2002		4-Dec
McDonough, GA
Heritage Square		—			6,377			11,385		191		6,377			11,576			17,953		381	1985		14-Feb
Issaquah, WA
Heritage Towne Crossing		8,120			3,065			10,729		1,413		3,065			12,142			15,207		4,744	2002		4-Mar
Euless, TX
Hickory Ridge		19,286			6,860			33,323		542		6,860			33,865			40,725		12,485	1999		4-Jan
Hickory, NC
High Ridge Crossing		4,940			3,075			9,148		(213	)	3,075			8,935			12,010		3,215	2004		5-Mar
High Ridge, MO
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Holliday Towne Center		7,790			2,200			11,609		(333	)	2,200			11,276			13,476		4,173	2003		5-Feb
Duncansville, PA
Home Depot Center		—			—			16,758		—		—			16,758			16,758		5,836	1996		5-Jun
Pittsburgh, PA
Home Depot Plaza		10,750			9,700			17,137		1,666		9,700			18,803			28,503		6,291	1992		5-Jun
Orange, CT
HQ Building		9,070			5,200			10,010		4,192		5,200			14,202			19,402		4,580	Redev: 2004		5-Dec
San Antonio, TX
Huebner Oaks Center		37,588			18,087			64,731		96		18,087			64,827			82,914		1,390	1996		14-Jun
San Antonio, TX
Humblewood Shopping Center		6,430			2,200			12,823		28		2,200			12,851			15,051		4,281	Renov: 2005		5-Nov
Humble, TX
Irmo Station		5,035			2,600			9,247		1,090		2,579			10,358			12,937		3,569	1980 & 1985		4-Dec
Irmo, SC
Jefferson Commons		56,033			23,097			52,762		1,131		23,097			53,893			76,990		13,514	2005		8-Feb
Newport News, VA
John's Creek Village		21,637			14,446			23,932		(19	)	14,446			23,913			38,359		574	2004		14-Jun
John's Creek, GA
King Philip's Crossing		10,301			3,710			19,144		(150	)	3,710			18,994			22,704		6,328	2005		5-Nov
Seekonk, MA
La Plaza Del Norte		—			16,005			37,744		2,834		16,005			40,578			56,583		15,595	1996/1999		4-Jan
San Antonio, TX
Lake Mary Pointe		1,650			2,075			4,009		92		2,065			4,111			6,176		1,532	1999		4-Oct
Lake Mary, FL
Lake Mead Crossing (c)		—			17,796			50,272		(35,902	)	8,830			23,336			32,166		1,427	2011		6-Oct
Las Vegas, NV
Lake Worth Towne Crossing		—			6,200			30,910		4,913		6,200			35,823			42,023		10,874	2005		6-Jun
Lake Worth, TX
Lakepointe Towne Center		—			4,750			23,904		2,718		4,750			26,622			31,372		8,867	2004		5-May
Lewisville, TX
Lakewood Towne Center (d)		—			12,555			74,612		(14,276	)	12,555			60,336			72,891		22,221	1998/2002-		4-Jun
Lakewood, WA																					2003
Lincoln Park		26,556			38,329			17,772		56		38,329			17,828			56,157		404	1997		14-Jun
Dallas, TX
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Lincoln Plaza		38,533			13,000			46,482		22,548		13,110			68,920			82,030		22,377	2001-2004		5-Sep
Worcester, MA
Low Country Village I & II		—			2,910			16,614		(376	)	2,486			16,662			19,148		6,282	2004 & 2005		06/04 &
Bluffton, SC																							5-Sep
Lowe's/Bed, Bath & Beyond		12,863			7,423			799		(8	)	7,415			799			8,214		497	2005		5-Aug
Butler, NJ
MacArthur Crossing		6,799			4,710			16,265		1,857		4,710			18,122			22,832		7,071	1995-1996		4-Feb
Los Colinas, TX
Magnolia Square		6,365			2,635			15,040		(767	)	2,635			14,273			16,908		5,232	2004		5-Feb
Houma, LA
Manchester Meadows		—			14,700			39,738		1,257		14,700			40,995			55,695		15,220	1994-1995		4-Aug
Town and Country, MO
Mansfield Towne Crossing		—			3,300			12,195		3,623		3,300			15,818			19,118		5,809	2003-2004		4-Nov
Mansfield, TX
Maple Tree Place		—			28,000			67,361		4,748		28,000			72,109			100,109		25,278	2004-2005		5-May
Williston, VT
Massillon Commons		6,983			4,090			12,521		473		4,090			12,994			17,084		4,637	1986/2000		5-Apr
Massillon, OH
McAllen Shopping Center		1,543			850			2,958		(112	)	850			2,846			3,696		1,047	2004		4-Dec
McAllen, TX
Mid-Hudson Center		—			9,900			29,160		21		9,900			29,181			39,081		10,078	2000		5-Jul
Poughkeepsie, NY
Mitchell Ranch Plaza		—			5,550			26,213		505		5,550			26,718			32,268		10,086	2003		4-Aug
New Port Richey, FL
Montecito Crossing		16,546			9,700			25,414		9,510		11,300			33,324			44,624		10,955	2004-2005		10/05 &
Las Vegas, NV																					& 2007		8-Jan
Mountain View Plaza I & II		—			5,180			18,212		674		5,120			18,946			24,066		6,105	2003 &		10/05 &
Kalispell, MT																					2006		6-Nov
New Forest Crossing		8,938			4,390			11,313		(6	)	4,390			11,307			15,697		647	2003		13-Oct
Houston, TX
Newnan Crossing I & II		—			15,100			33,987		5,139		15,100			39,126			54,226		14,804	1999 &		12/03 &
Newnan, GA																					2004		4-Feb
Newton Crossroads		3,753			3,350			6,927		162		3,350			7,089			10,439		2,543	1997		4-Dec
Covington, GA
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
North Rivers Towne Center		10,071			3,350			15,720		320		3,350			16,040			19,390		6,244	2003-2004		4-Apr
Charleston, SC
Northgate North		27,281			7,540			49,078		(14,642	)	7,540			34,436			41,976		13,481	1999-2003		4-Jun
Seattle, WA
Northpointe Plaza		23,276			13,800			37,707		4,264		13,800			41,971			55,771		15,782	1991-1993		4-May
Spokane, WA
Northwood Crossing		—			3,770			13,658		1,159		3,770			14,817			18,587		4,759	1979/2004		6-Jan
Northport, AL
Northwoods Center		8,550			3,415			9,475		6,396		3,415			15,871			19,286		5,732	2002-2004		4-Dec
Wesley Chapel, FL
Orange Plaza (Golfland Plaza)		—			4,350			4,834		2,386		4,350			7,220			11,570		2,199	1995		5-May
Orange, CT
The Orchard		11,669			3,200			17,151		102		3,200			17,253			20,453		5,887	2004-2005		07/05 &
New Hartford, NY																							5-Sep
Oswego Commons		21,000			6,454			16,004		24		6,454			16,028			22,482		434	2002-2004		14-Jun
Oswego, IL
Pacheco Pass Phase I & II		—			13,420			32,784		(25	)	13,400			32,779			46,179		10,146	2004 & 2006		07/05 &
Gilroy, CA																							7-Jun
Page Field Commons		—			—			43,355		1,111		—			44,466			44,466		14,507	1999		5-May
Fort Myers, FL
Paradise Valley Marketplace		9,216			6,590			20,425		528		6,590			20,953			27,543		8,233	2002		4-Apr
Phoenix, AZ
Parkway Towne Crossing		—			6,142			20,423		5,036		6,142			25,459			31,601		8,010	2010		6-Aug
Frisco, TX
Pavillion at Kings Grant I & II		—			10,274			12,392		11,872		10,274			24,264			34,538		7,461	2002-2003		12/03 &
Concord, NC																					& 2005		6-Jun
Pelham Manor Shopping Plaza		—			—			67,870		76		—			67,946			67,946		3,175	2008		13-Nov
Pelham Manor, NY
Peoria Crossings I & II		24,131			6,995			32,816		3,869		8,495			35,185			43,680		13,624	2002-2003		03/04 &
Peoria, AZ																					& 2005		5-May
Phenix Crossing		4,180			2,600			6,776		321		2,600			7,097			9,697		2,615	2004		4-Dec
Phenix City, AL
Pine Ridge Plaza		—			5,000			19,802		2,897		5,000			22,699			27,699		8,389	1998/2004		4-Jun
Lawrence, KS
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Placentia Town Center		11,116			11,200			11,751		1,674		11,200			13,425			24,625		4,664	1973/2000		4-Dec
Placentia, CA
Plaza at Marysville		8,996			6,600			13,728		845		6,600			14,573			21,173		5,373	1995		4-Jul
Marysville, WA
Plaza Santa Fe II		—			—			28,588		3,199		—			31,787			31,787		12,005	2000-2002		4-Jun
Santa Fe, NM
Pleasant Run		13,776			4,200			29,085		3,244		4,200			32,329			36,529		11,552	2004		4-Dec
Cedar Hill, TX
Quakertown		7,737			2,400			9,246		15		2,400			9,261			11,661		3,168	2004-2005		5-Sep
Quakertown, PA
Rasmussen College		—			850			4,049		(344	)	500			4,055			4,555		1,399	2005		5-Aug
Brooklyn Park, MN
Red Bug Village		—			1,790			6,178		174		1,790			6,352			8,142		2,211	2004		5-Dec
Winter Springs, FL
Reisterstown Road Plaza		46,250			15,800			70,372		13,046		15,791			83,427			99,218		30,426	1986/2004		4-Aug
Baltimore, MD
Rite Aid Store (Eckerd), Sheridan Dr.		2,903			2,000			2,722		—		2,000			2,722			4,722		915	1999		5-Nov
Amherst, NY
Rite Aid Store (Eckerd), Transit Rd.		3,243			2,500			2,764		2		2,500			2,766			5,266		929	2003		5-Nov
Amherst, NY
Rite Aid Store (Eckerd), E. Main St.		2,855			1,860			2,786		19		1,860			2,805			4,665		939	2004		5-Nov
Batavia, NY
Rite Aid Store (Eckerd), W. Main St.		2,547			1,510			2,627		—		1,510			2,627			4,137		883	2001		5-Nov
Batavia, NY
Rite Aid Store (Eckerd), Ferry St.		2,198			900			2,677		—		900			2,677			3,577		899	2000		5-Nov
Buffalo, NY
Rite Aid Store (Eckerd), Main St.		2,174			1,340			2,192		—		1,340			2,192			3,532		736	1998		5-Nov
Buffalo, NY
Rite Aid Store (Eckerd)		3,091			1,968			2,575		1		1,968			2,576			4,544		866	2004		5-Nov
Canandaigua, NY
Rite Aid Store (Eckerd)		1,673			750			2,042		—		750			2,042			2,792		711	1999		5-Jun
Chattanooga, TN
Rite Aid Store (Eckerd)		2,117			2,080			1,393		—		2,080			1,393			3,473		468	1999		5-Nov
Cheektowaga, NY
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Rite Aid Store (Eckerd)		3,088			3,000			3,955		22		3,000			3,977			6,977		1,402	2005		5-May
Colesville, MD
Rite Aid Store (Eckerd)		1,663			900			2,377		—		900			2,377			3,277		947	2003-2004		4-Jun
Columbia, SC
Rite Aid Store (Eckerd)		1,330			600			2,033		1		600			2,034			2,634		789	2003-2004		4-Jun
Crossville, TN
Rite Aid Store (Eckerd)		1,665			900			2,475		—		900			2,475			3,375		827	1999		5-Nov
Grand Island, NY
Rite Aid Store (Eckerd)		1,926			470			2,657		—		470			2,657			3,127		893	1998		5-Nov
Greece, NY
Rite Aid Store (Eckerd)		1,596			1,050			2,047		1		1,050			2,048			3,098		794	2003-2004		4-Jun
Greer, SC
Rite Aid Store (Eckerd)		2,409			2,060			1,873		—		2,060			1,873			3,933		629	2002		5-Nov
Hudson, NY
Rite Aid Store (Eckerd)		2,850			1,940			2,736		(27	)	1,913			2,736			4,649		919	2002		5-Nov
Irondequoit, NY
Rite Aid Store (Eckerd)		1,900			700			2,960		1		700			2,961			3,661		1,149	2003-2004		4-Jun
Kill Devil Hills, NC
Rite Aid Store (Eckerd)		1,786			1,710			1,207		—		1,710			1,207			2,917		405	1999		5-Nov
Lancaster, NY
Rite Aid Store (Eckerd)		2,716			1,650			2,788		—		1,650			2,788			4,438		937	2002		5-Nov
Lockport, NY
Rite Aid Store (Eckerd)		1,682			820			1,935		—		820			1,935			2,755		650	2000		5-Nov
North Chili, NY
Rite Aid Store (Eckerd)		2,452			1,190			2,809		—		1,190			2,809			3,999		944	1999		5-Nov
Olean, NY
Rite Aid Store (Eckerd), Culver Rd.		2,376			1,590			2,279		—		1,590			2,279			3,869		766	2001		5-Nov
Rochester, NY
Rite Aid Store (Eckerd), Lake Ave.		3,210			2,220			3,025		2		2,220			3,027			5,247		1,017	2001		5-Nov
Rochester, NY
Rite Aid Store (Eckerd)		2,370			800			3,075		—		800			3,075			3,875		1,033	2000		5-Nov
Tonawanda, NY
Rite Aid Store (Eckerd), Harlem Rd.		2,770			2,830			1,683		—		2,830			1,683			4,513		566	2003		5-Nov
West Seneca, NY
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Rite Aid Store (Eckerd), Union Rd.		2,394			1,610			2,300		—		1,610			2,300			3,910		773	2000		5-Nov
West Seneca, NY
Rite Aid Store (Eckerd)		1,372			810			1,434		—		810			1,434			2,244		482	1997		5-Nov
Yorkshire, NY
Rivery Town Crossing		—			2,900			6,814		376		2,900			7,190			10,090		2,196	2005		6-Oct
Georgetown, TX
Royal Oaks Village II		—			2,200			11,859		(190	)	2,200			11,669			13,869		3,928	2004-2005		5-Nov
Houston, TX
Saucon Valley Square		8,550			3,200			12,642		(554	)	3,200			12,088			15,288		4,117	1999		4-Sep
Bethlehem, PA
Sawyer Heights Village		18,884			24,214			15,797		263		24,214			16,060			40,274		827	2007		13-Oct
Houston, TX
Shaws Supermarket		—			2,700			11,532		(11,198	)	874			2,160			3,034		34	1995		3-Dec
New Britain, CT
Shoppes at Park West		5,320			2,240			9,357		(51	)	2,240			9,306			11,546		3,511	2004		4-Nov
Mt. Pleasant, SC
The Shoppes at Quarterfield		—			2,190			8,840		98		2,190			8,938			11,128		3,568	1999		4-Jan
Severn, MD
Shoppes of New Hope		3,550			1,350			11,045		(4	)	1,350			11,041			12,391		4,212	2004		4-Jul
Dallas, GA
Shoppes of Prominence Point I&II		—			3,650			12,652		488		3,650			13,140			16,790		4,946	2004 & 2005		06/04 &
Canton, GA																							5-Sep
The Shops at Boardwalk		—			5,000			30,540		140		5,000			30,680			35,680		11,597	2003-2004		4-Jul
Kansas City, MO
Shops at Forest Commons		—			1,050			6,133		261		1,050			6,394			7,444		2,270	2002		4-Dec
Round Rock, TX
The Shops at Legacy		—			8,800			108,940		12,982		8,800			121,922			130,722		33,683	2002		7-Jun
Plano, TX
Shops at Park Place		7,788			9,096			13,175		521		9,096			13,696			22,792		5,889	2001		3-Oct
Plano, TX
Southgate Plaza		3,929			2,200			9,229		950		2,161			10,218			12,379		3,374	1998-2002		5-Mar
Heath, OH
Southlake Corners		21,156			6,612			23,605		25		6,612			23,630			30,242		1,173	2004		13-Oct
Southlake, TX
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
					Initial Cost (A)							Gross amount carried at end of period
Property Name		Encumbrance			Land			Buildings and Improvements		Adjustments to Basis (C)		Land and Improvements			Buildings and Improvements (D)			Total (B), (D)		Accumulated Depreciation (E)	Date Constructed		Date Acquired
Southlake Town Square I - VII		141,519			41,490			193,391		21,054		41,490			214,445			255,935		67,367	1998-2007		12/04, 5/07,
Southlake, TX																							9/08 & 3/09
Stateline Station		—			6,500			23,780		(14,226	)	3,829			12,225			16,054		3,104	2003-2004		5-Mar
Kansas City, MO
Stilesboro Oaks		5,092			2,200			9,426		232		2,200			9,658			11,858		3,457	1997		4-Dec
Acworth, GA
Stonebridge Plaza		—			1,000			5,783		295		1,000			6,078			7,078		2,083	1997		5-Aug
McKinney, TX
Stony Creek I		8,550			6,735			17,564		1,012		6,735			18,576			25,311		7,547	2003		3-Dec
Noblesville, IN
Stony Creek II		—			1,900			5,106		54		1,900			5,160			7,060		1,727	2005		5-Nov
Noblesville, IN
Streets of Yorktown (e)		—			3,440			22,111		2,881		3,440			24,992			28,432		8,181	2005		5-Dec
Houston, TX
Target South Center		5,430			2,300			8,760		660		2,300			9,420			11,720		3,241	1999		5-Nov
Austin, TX
Tim Horton Donut Shop		—			212			30		—		212			30			242		19	2004		5-Nov
Canandaigua, NY
Tollgate Marketplace		35,000			8,700			61,247		2,458		8,700			63,705			72,405		24,074	1979/1994		4-Jul
Bel Air, MD
Town Square Plaza		16,815			9,700			18,264		1,639		9,700			19,903			29,603		6,526	2004		5-Dec
Pottstown, PA
Towson Circle		—			9,050			17,840		(820	)	6,874			19,196			26,070		7,044	1998		4-Jul
Towson, MD
Traveler's Office Building		—			650			7,001		822		1,079			7,394			8,473		2,362	2005		6-Jan
Knoxville, TN
Trenton Crossing		16,246			8,180			19,262		3,181		8,180			22,443			30,623		7,933	2003		5-Feb
McAllen, TX
University Town Center		4,465			—			9,557		183		—			9,740			9,740		3,640	2002		4-Nov
Tuscaloosa, AL
Vail Ranch Plaza		10,716			6,200			16,275		100		6,200			16,375			22,575		5,795	2004-2005		5-Apr
Temecula, CA
The Village at Quail Springs		5,225			3,335			7,766		245		3,335			8,011			11,346		2,839	2003-2004		5-Feb
Oklahoma City, OK
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
						Initial Cost (A)										Gross amount carried at end of period
Property Name		Encumbrance				Land			Buildings and Improvements			Adjustments to Basis (C)				Land and Improvements			Buildings and Improvements (D)		Total (B), (D)			Accumulated Depreciation (E)		Date Constructed	Date Acquired
Village Shoppes at Gainesville		20,000				4,450			36,592			1,271				4,450			37,863		42,313			12,859		2004	5-Sep
Gainesville, GA
Village Shoppes at Simonton		3,277				2,200			10,874			(16		)		2,200			10,858		13,058			4,106		2004	4-Aug
Lawrenceville, GA
Walgreens		—				450			5,074			—				450			5,074		5,524			1,731		2000	5-Apr
Northwoods, MO
Wal-Mart		—				1,925			4,294			(2,918		)		975			2,326		3,301			524		1987	5-Sep
Turlock, CA
Walter's Crossing		—				14,500			16,914			510				14,500			17,424		31,924			5,370		2005	6-Jul
Tampa, FL
Watauga Pavillion		—				5,185			27,504			108				5,185			27,612		32,797			10,854		2003-2004	4-May
Watauga, TX
West Town Market		—				1,170			10,488			163				1,170			10,651		11,821			3,680		2004	5-Jun
Fort Mill, SC
Wilton Square		—				8,200			35,538			247				8,200			35,785		43,985			12,299		2000	5-Jul
Saratoga Springs, NY
Winchester Commons		5,700				4,400			7,471			316				4,400			7,787		12,187			2,807		1999	4-Nov
Memphis, TN
Zurich Towers		—				7,900			137,096			13				7,900			137,109		145,009			48,511		1986 & 1990	4-Nov
Schaumburg, IL
Total Operating Properties		1,619,565				1,207,009			4,304,779			94,069				1,180,319			4,425,538		5,605,857			1,362,903
Development Properties
Bellevue Mall (c)		—				3,056			—			—				3,056			—		3,056			—
Nashville, TN
Green Valley Crossing (f)		14,900				12,884			16,932			(914		)		11,994			16,908		28,902			2,568
Henderson, NV
South Billings Center (c)		—				—			—			—				—			—		—			—
Billings, MT
Total Development Properties		14,900				15,940			16,932			(914		)		15,050			16,908		31,958			2,568
Developments in Progress		—				41,293			1,268			—				41,293			1,268		42,561			—
Total Investment Properties		$	1,634,465			$	1,264,242		$	4,322,979		$	93,155			$	1,236,662		$	4,443,714	$	5,680,376		$	1,365,471
RETAIL PROPERTIES OF AMERICA, INC.
Schedule III
Real Estate and Accumulated Depreciation
December 31, 2014
(in thousands)
(a)	This outparcel was retained after the sale of the property in 2014.
(b)	In 2014, the Company combined Five Forks and Five Forks II into one property.
(c)	The cost basis associated with this property or a portion of this property is included in Developments in Progress.
(d)	The Company acquired a parcel at this property during 2014.
(e)	This property was formerly called Rave Theater. Its lease was assigned to another entity in 2014. Therefore, the name of the property was changed.
(f)	This property is encumbered by a construction loan and the basis is included in Developments in Progress.
RETAIL PROPERTIES OF AMERICA, INC.
Notes:
(A)	The initial cost to the Company represents the original purchase price of the property, including amounts incurred subsequent to acquisition which were contemplated at the time the property was acquired.
(B)	The aggregate cost of real estate owned as of December 31, 2014 for U.S. federal income tax purposes was approximately $5,874,366 (unaudited).
(C)	Adjustments to basis include payments received under master lease agreements as well as additional tangible costs associated with the investment properties, including any earnout of tenant space.
(D)	Reconciliation of real estate owned:
		2014				2013			2012
Balance as of January 1,		$	5,804,518			$	5,962,878		$	6,441,555
Purchase of investment property		397,993				339,955			31,486
Sale of investment property		(338,938		)		(341,750		)	(501,369		)
Property held for sale		(36,914		)		(10,995		)	(8,746		)
Provision for asset impairment		(159,447		)		(150,373		)	(23,819		)
Payments received under master leases		—				—			(21		)
Acquired lease intangible assets		5,579				(11,331		)	27,454
Acquired lease intangible liabilities		7,585				16,134			(3,662		)
Balance as of December 31,		$	5,680,376			$	5,804,518		$	5,962,878
(E)	Reconciliation of accumulated depreciation:
		2014				2013			2012
Balance as of January 1,		$	1,330,474			$	1,275,787		$	1,180,767
Depreciation expense		183,142				197,725			195,994
Sale of investment property		(63,460		)		(62,009		)	(87,218		)
Property held for sale		(5,358		)		(2,206		)	(17		)
Provision for asset impairment		(77,390		)		(56,969		)	(7,423		)
Write-offs due to early lease termination		(1,937		)		(3,056		)	(6,316		)
Other disposals		—				(18,798		)	—
Balance as of December 31,		$	1,365,471			$	1,330,474		$	1,275,787
Depreciation is computed based upon the following estimated useful lives in the consolidated statements of operations and other comprehensive income (loss):
		Years
Building and improvements		30
Site improvements		15
Tenant improvements		Life of related lease

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Investment Properties	Investment Properties: Investment properties are recorded at cost less accumulated depreciation. Ordinary repairs and maintenance are expensed as incurred. Expenditures for significant improvements are capitalized.
	The Company allocates the purchase price of each acquired investment property based upon the estimated acquisition date fair value of the individual assets acquired and liabilities assumed, which generally include land, building and other improvements, in-place lease value, acquired above and below market lease intangibles, any assumed financing that is determined to be above or below market, the value of customer relationships and goodwill, if any. Acquisition transaction costs are expensed as incurred and included within “General and administrative expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	For tangible assets acquired, including land, building and other improvements, the Company considers available comparable market and industry information in estimating acquisition date fair value. The Company allocates a portion of the purchase price to the estimated acquired in-place lease value intangibles based on estimated lease execution costs for similar leases as well as lost rental payments during an assumed lease-up period. The Company also evaluates each acquired lease as compared to current market rates. If an acquired lease is determined to be above or below market, the Company allocates a portion of the purchase price to such above or below market leases based upon the present value of the difference between the contractual lease payments and estimated market rent payments over the remaining lease term. Renewal periods are included within the lease term in the calculation of above and below market lease values if, based upon factors known at the acquisition date, market participants would consider it reasonably assured that the lessee would exercise such options. Acquisition accounting fair value estimates, including the discount rate used, require the Company to consider various factors, including, but not limited to, market knowledge, demographics, age and physical condition of the property, geographic location, size and location of tenant spaces within the acquired investment property and tenant profile.
	The portion of the purchase price allocated to acquired in-place lease value intangibles is amortized on a straight-line basis over the life of the related lease as a component of depreciation and amortization expense. The Company incurred amortization expense pertaining to acquired in-place lease value intangibles of $28,977, $32,241 and $36,524 (including $0, $1,717 and $3,575, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively.
	With respect to acquired leases in which the Company is the lessor, the portion of the purchase price allocated to acquired above and below market lease intangibles is amortized on a straight-line basis over the life of the related lease as an adjustment to rental income. Amortization pertaining to above market lease value intangibles of $4,170, $3,053 and $4,026 (including $0, $25 and $150, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively, was recorded as a reduction to rental income. Amortization pertaining to below market lease value intangibles of $6,246, $4,187 and $5,339 (including $0, $183 and $409, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively, was recorded as an increase to rental income.
	With respect to acquired leases in which the Company is the lessee, the portion of the purchase price allocated to acquired above and below market lease intangibles is amortized on a straight-line basis over the life of the related lease as an adjustment to property operating expenses. Amortization pertaining to above market lease value intangibles of $560 and $93 for the years ended December 31, 2014 and 2013, respectively, was recorded as a reduction to property operating expenses. No amortization pertaining to above or below market lease value intangibles was recorded for the year ended December 31, 2012.
	The following table presents the amortization during the next five years and thereafter related to the acquired lease intangible assets and liabilities for properties owned as of December 31, 2014:
			2015			2016			2017			2018			2019			Thereafter			Total
	Amortization of:
	Acquired above market lease intangibles (a)		$	4,145		$	3,614		$	3,138		$	2,626		$	1,580		$	3,546		$	18,649
	Acquired in-place lease value intangibles (a)		21,261			17,563			14,211			11,190			8,468			34,148			106,841
	Acquired lease intangible assets, net (b)		$	25,406		$	21,177		$	17,349		$	13,816		$	10,048		$	37,694		$	125,490
	Acquired below market lease intangibles (a)		$	(5,191	)	$	(4,753	)	$	(4,612	)	$	(4,445	)	$	(4,248	)	$	(63,254	)	$	(86,503	)
	Acquired ground lease intangibles (c)		(560		)	(560		)	(560		)	(560		)	(560		)	(11,338		)	(14,138		)
	Acquired lease intangible liabilities, net (b)		$	(5,751	)	$	(5,313	)	$	(5,172	)	$	(5,005	)	$	(4,808	)	$	(74,592	)	$	(100,641	)
	(a)	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessor. The amortization of acquired above and below market lease intangibles is recorded as an adjustment to rental income and the amortization of acquired in-place lease value intangibles is recorded to depreciation and amortization expense.
	(b)	Acquired lease intangible assets, net and acquired lease intangible liabilities, net are presented net of $302,110 and $45,479 of accumulated amortization, respectively, as of December 31, 2014.
	(c)	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessee. The amortization is recorded as an adjustment to property operating expenses.
	Depreciation expense is computed using the straight-line method. Building and other improvements are depreciated based upon estimated useful lives of 30 years for building and associated improvements and 15 years for site improvements and most other capital improvements. Tenant improvements and leasing fees are amortized on a straight-line basis over the life of the related lease as a component of depreciation and amortization expense.
Impairment of Long-Lived Assets and Unconsolidated Joint Ventures	Impairment of Long-Lived Assets and Unconsolidated Joint Ventures: The Company’s investment properties, including developments in progress, are reviewed for potential impairment at the end of each reporting period or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. At the end of each reporting period, the Company separately determines whether impairment indicators exist for each property. Examples of situations considered to be impairment indicators for both operating properties and developments in progress include, but are not limited to:
	•	a substantial decline in or continued low occupancy rate or cash flow;
	•	expected significant declines in occupancy in the near future;
	•	continued difficulty in leasing space;
	•	a significant concentration of financially troubled tenants;
	•	a change in anticipated holding period;
	•	a cost accumulation or delay in project completion date significantly above and beyond the original development estimate;
	•	a significant decrease in market price not in line with general market trends; and
	•	any other quantitative or qualitative events or factors deemed significant by the Company’s management or board of directors.
	If the presence of one or more impairment indicators as described above is identified at the end of a reporting period or at any point throughout the year with respect to a property, the asset is tested for recoverability by comparing its carrying value to the estimated future undiscounted cash flows. An investment property is considered to be impaired when the estimated future undiscounted cash flows are less than its current carrying value. When performing a test for recoverability or estimating the fair value of an impaired investment property, the Company makes certain complex or subjective assumptions which include, but are not limited to:
	•	projected operating cash flows considering factors such as vacancy rates, rental rates, lease terms, tenant financial strength, competitive positioning and property location;
	•	estimated holding period or various potential holding periods when considering probability-weighted scenarios;
	•	projected capital expenditures and lease origination costs;
	•	estimated dates of construction completion and grand opening for developments in progress;
	•	projected cash flows from the eventual disposition of an operating property or development in progress using a property-specific capitalization rate;
	•	comparable selling prices; and
	•	a property-specific discount rate.
	The Company did not have any unconsolidated joint ventures as of December 31, 2014. When the Company holds investments in unconsolidated joint ventures, they are reviewed for potential impairment, in addition to impairment evaluations of the individual assets underlying these investments, each reporting period or whenever events or changes in circumstances warrant such an evaluation.
	To determine whether any identified impairment is other-than-temporary, the Company considers whether it has the ability and intent to hold the investment until the carrying value is fully recovered. To the extent impairment has occurred, the Company will record an impairment charge calculated as the excess of the carrying value of the asset over its estimated fair value.
	Below is a summary of impairment charges recorded during the years ended December 31, 2014, 2013 and 2012:
			Year Ended December 31,
			2014			2013			2012
	Impairment of consolidated properties (a)		$	72,203		$	92,033		$	25,842
	Impairment of investment in unconsolidated joint ventures (b)		$	—		$	1,834		$	—
	Impairment of properties recorded at unconsolidated joint ventures (c)		$	—		$	286		$	1,527
	(a)	Included in “Provision for impairment of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss), except for $32,547 and $24,519, which is included in discontinued operations in 2013 and 2012, respectively.
	(b)	Included in “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the aggregate impairment charge recorded to write down the Company’s investment in its Hampton Retail Colorado, L.L.C. (Hampton) joint venture, which was dissolved during 2013. See Note 11 for further discussion.
	(c)	Reflected within “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the Company’s proportionate share of property-level impairment charges recorded at its unconsolidated joint ventures.
	The Company’s assessment of impairment as of December 31, 2014 was based on the most current information available to the Company. If the operating conditions mentioned above deteriorate or if the Company’s expected holding period for assets change, subsequent tests for impairment could result in additional impairment charges in the future. The Company can provide no assurance that material impairment charges with respect to the Company’s investment properties will not occur in 2015 or future periods. Based upon current market conditions, certain of the Company’s properties may have fair values less than their carrying amounts. However, based on the Company’s plans with respect to those properties, the Company believes that their carrying amounts are recoverable and therefore, under applicable GAAP guidance, no additional impairment charges were recorded. Accordingly, the Company will continue to monitor circumstances and events in future periods to determine whether additional impairment charges are warranted. Refer to Note 15 for further discussion.
Development and Redevelopment Projects	Development and Redevelopment Projects: The Company capitalizes direct and certain indirect project costs incurred during the development or redevelopment period such as construction, insurance, architectural, legal, interest and other financing costs, and real estate taxes. At such time as the development or redevelopment is considered substantially complete, the capitalization of certain indirect costs such as real estate taxes and interest and financing costs ceases and all project-related costs included in developments in progress are reclassified to land and building and other improvements. Development payables of $91 and $271 as of December 31, 2014 and 2013, respectively, consist of costs incurred and not yet paid pertaining to such development or redevelopment projects and are included in “Accounts payable and accrued expenses” in the accompanying consolidated balance sheets. The Company did not capitalize interest costs or real estate taxes during the years ended December 31, 2014, 2013 and 2012.
Investment Properties Held For Sale	Investment Properties Held for Sale: In determining whether to classify an investment property as held for sale, the Company considers whether: (i) management has committed to a plan to sell the investment property; (ii) the investment property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (iii) the Company has initiated a program to locate a buyer; (iv) the Company believes that the sale of the investment property is probable; (v) the Company is actively marketing the investment property for sale at a price that is reasonable in relation to its current value, and (vi) actions required for the Company to complete the plan indicate that it is unlikely that any significant changes will be made.
	If all of the above criteria are met, the Company classifies the investment property as held for sale. When these criteria are met, the Company suspends depreciation (including depreciation for tenant improvements and building improvements) and amortization of acquired in-place lease value intangibles and any above or below market lease intangibles and the Company records the investment property held for sale at the lower of cost or net realizable value. The assets and liabilities associated with those investment properties that are classified as held for sale are presented separately on the consolidated balance sheets for the most recent reporting period. There were two properties classified as held for sale as of December 31, 2014 and one property classified as held for sale as of December 31, 2013.
	Prior to the Company’s early adoption of the revised discontinued operations pronouncement in 2014, if the operations and cash flow of the property had been, or were upon consummation of such sale, eliminated from ongoing operations and the Company did not have significant continuing involvement in the operations of the property, then the operations for the periods presented were classified in the consolidated statements of operations and other comprehensive income (loss) as discontinued operations for all periods presented. However, the Company elected to early adopt the revised discontinued operations pronouncement effective January 1, 2014, which limits what qualifies for discontinued operations presentation. As a result, the investment properties that were sold or classified as held for sale during 2014, except for Riverpark Phase IIA, which was classified as held for sale as of December 31, 2013 and, therefore, qualified for discontinued operations treatment under the previous standard, did not qualify for discontinued operations presentation and, as such, are reflected in continuing operations on the consolidated statements of operations and other comprehensive income (loss). Refer to Note 4 for further discussion.
Partially-Owned Entities	Partially-Owned Entities: If the Company determines that it holds a financial interest in a VIE that is deemed to be a controlling financial interest, it will consolidate the entity as the primary beneficiary. The Company assesses its interests in variable interest entities on an ongoing basis to determine whether or not it is a primary beneficiary. Partially-owned, non-variable interest joint ventures in which the Company has a controlling financial interest are consolidated. Partially-owned, non-variable interest joint ventures in which the Company does not have a controlling financial interest, but has the ability to exercise significant influence, will not be consolidated, but rather accounted for pursuant to the equity method of accounting. Refer to Notes 1 and 11 for more information.
Cash and Cash Equivalents	Cash and Cash Equivalents: The Company considers all demand deposits, money market accounts and investments in certificates of deposit and repurchase agreements purchased with a maturity of three months or less at the date of purchase, to be cash equivalents. The Company maintains its cash and cash equivalents at major financial institutions. The cash and cash equivalent balances at one or more of these financial institutions exceeds the Federal Depository Insurance Corporation (FDIC) insurance coverage. The Company periodically assesses the credit risk associated with these financial institutions and believes that the risk of loss is minimal.
Marketable Securities	Marketable Securities: The Company liquidated its entire investments in securities portfolio in 2012. When the Company holds investments in marketable securities, they are classified as “available-for-sale” and accordingly are carried at fair value, with unrealized gains and losses reported as a separate component of shareholders’ equity. During the year ended December 31, 2012, the Company recognized a gain on sales of marketable securities of $25,840 and an unrealized OCI gain of $4,748.
Restricted Cash and Escrows	Restricted Cash and Escrows: Restricted cash and escrows consist of lenders’ escrows and funds restricted through lender or other agreements, including funds held in escrow for future acquisitions, and are included as a component of “Other assets, net” in the accompanying consolidated balance sheets. As of December 31, 2014 and 2013, the Company had $58,469 and $40,198, respectively, in restricted cash and escrows.
Derivative and Hedging Activities	Derivative and Hedging Activities: Derivatives are recorded in the accompanying consolidated balance sheets at fair value within “Other liabilities.” The Company uses interest rate derivatives to manage differences in the amount, timing and duration of the Company’s known or expected cash payments principally related to certain of the Company’s borrowings. The Company does not use derivatives for trading or speculative purposes. On the date that the Company enters into a derivative, it may designate the derivative as a hedge against the variability of cash flows that are to be paid in connection with a recognized liability. Subsequent changes in the fair value of a derivative designated as a cash flow hedge that is determined to be highly effective are recorded in “Accumulated other comprehensive income” and are reclassified to interest expense as interest payments are made on the Company’s variable rate debt. As of December 31, 2014, the balance in accumulated other comprehensive loss relating to derivatives was $537. Any hedge ineffectiveness or changes in the fair value for any derivative not designated as a hedge is reported in “Other income, net” in the accompanying consolidated statements of operations and other comprehensive income (loss).
Conditional Asset Retirement Obligations	Conditional Asset Retirement Obligations: The Company evaluates the potential impact of conditional asset retirement obligations on its consolidated financial statements. The term conditional asset retirement obligation refers to a legal obligation to perform an asset retirement activity in which the timing and/or method of settlement are conditional on a future event that may or may not be within the control of the entity. Based upon the Company’s evaluation, no accrual of a liability for asset retirement obligations was warranted as of December 31, 2014 and 2013.
Revenue Recognition	Revenue Recognition: The Company commences revenue recognition on its leases based on a number of factors. In most cases, revenue recognition under a lease begins when the lessee takes possession of or controls the physical use of the leased asset. Generally, this occurs on the lease commencement date. The determination of who is the owner, for accounting purposes, of the tenant improvements determines the nature of the leased asset and when revenue recognition under a lease begins. If the Company is the owner, for accounting purposes, of the tenant improvements, then the leased asset is the finished space and revenue recognition begins when the lessee takes possession of the finished space, typically when the improvements are substantially complete. If the Company concludes that the lessee is the owner, for accounting purposes, of the tenant improvements, then the leased asset is the unimproved space and any tenant improvement allowances funded under the lease are accounted for as lease inducements which are amortized as a reduction to the revenue recognized over the term of the lease. In these circumstances, the Company commences revenue recognition when the lessee takes possession of the unimproved space for the lessee to construct their own improvements.
	The Company considers a number of factors to evaluate whether it or the lessee is the owner of the tenant improvements for accounting purposes. These factors include:
	•	whether the lease stipulates how and on what a tenant improvement allowance may be spent;
	•	whether the tenant or the Company retains legal title to the improvements;
	•	the uniqueness of the improvements;
	•	the expected economic life of the tenant improvements relative to the length of the lease;
	•	who constructs or directs the construction of the improvements, and
	•	whether the tenant or the Company is obligated to fund cost overruns.
	The determination of who owns the tenant improvements, for accounting purposes, is subject to significant judgment. In making that determination, the Company considers all of the above factors. No one factor, however, necessarily establishes its determination.
	Rental income, for only those leases that have fixed and measurable rent escalations, is recognized on a straight-line basis over the term of each lease. The difference between such rental income earned and the cash rent due under the provisions of a lease is recorded as deferred rent receivable and is included as a component of “Accounts and notes receivable” in the accompanying consolidated balance sheets.
	Reimbursements from tenants for recoverable real estate taxes and operating expenses are accrued as revenue in the period the applicable expenditures are incurred. The Company makes certain assumptions and judgments in estimating the reimbursements at the end of each reporting period.
	The Company records lease termination income in “Other property income” upon execution of a termination letter agreement, when all of the conditions of such agreement have been fulfilled, the tenant is no longer occupying the property and collectibility is reasonably assured. Upon early lease termination, the Company provides for losses related to recognized tenant specific intangibles and other assets or adjusts the remaining useful life of the assets if determined to be appropriate. The Company recorded lease termination income of $2,667, $15,787 and $2,331 (including $0, $7,182 and $1,106, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively.
	The Company recorded percentage rental income in lieu of base rent and other contingent percentage rental income of $5,229, $4,744 and $5,356 (including $0, $55 and $52, respectively, reflected as discontinued operations) for the years ended December 31, 2014, 2013 and 2012, respectively. The Company’s policy is to defer recognition of contingent rental income until the specified target (i.e. breakpoint) that triggers the contingent rental income is achieved.
	Profits from sales of real estate are not recognized under the full accrual method until the following criteria are met: a sale is consummated; the buyer’s initial and continuing investments are adequate to demonstrate a commitment to pay for the property; the Company’s receivable, if applicable, is not subject to future subordination; the Company has transferred to the buyer the usual risks and rewards of ownership; and the Company does not have substantial continuing involvement with the property. The Company sold 24, 20 and 31 consolidated investment properties during the years ended December 31, 2014, 2013 and 2012, respectively. Refer to Note 4 for further discussion.
Accounts and Notes Receivable and Allowance for Doubtful Accounts	Accounts and Notes Receivable and Allowance for Doubtful Accounts: Accounts and notes receivable balances outstanding include base rents, tenant reimbursements and deferred rent receivables. An allowance for the uncollectible portion of accounts and notes receivable is determined on a tenant-specific basis through an analysis of balances outstanding, historical bad debt levels, tenant creditworthiness and current economic trends. Additionally, estimates of the expected recovery of pre-petition and post-petition claims with respect to tenants in bankruptcy are considered in assessing the collectibility of the related receivables. Management’s estimate of the collectibility of accounts and notes receivable is based on the best information available to management at the time of evaluation.
Rental Expense	Rental Expense: Rental expense associated with land and office space that the Company leases under non-cancellable operating leases, for only those leases that have fixed and measurable rent escalations, is recorded on a straight-line basis over the term of each lease. The difference between rental expense incurred on a straight-line basis and rental payments due under the provisions of a lease agreement is recorded as a deferred liability and is included as a component of “Other liabilities” in the accompanying consolidated balance sheets. See Note 6 for additional information pertaining to these leases.
Loan Fees	Loan Fees: Loan fees are generally amortized using the effective interest method (or other methods which approximate the effective interest method) over the life of the related loan as a component of interest expense. Debt prepayment penalties and certain fees associated with exchanges or modifications of debt are expensed as incurred as a component of interest expense.
Income Taxes	Income Taxes: The Company has elected to be taxed as a REIT under Sections 856 through 860 of the Code. As a REIT, the Company generally will not be subject to U.S. federal income tax on the taxable income the Company currently distributes to its shareholders.
	The Company records a benefit, based on the GAAP measurement criteria, for uncertain income tax positions if the result of a tax position meets a “more likely than not” recognition threshold. Tax returns for the calendar years 2011 through 2014 remain subject to examination by federal and various state tax jurisdictions.
Segment Reporting	Segment Reporting: The Company’s chief operating decision maker, which is comprised of its Chief Executive Officer, Chief Operating Officer and Chief Financial Officer, assesses and measures the operating results of the Company’s portfolio of properties based on net operating income and does not differentiate properties by geography, size or type. Each of the Company’s investment properties is considered a separate operating segment, as each property earns revenue and incurs expenses, individual operating results are reviewed and discrete financial information is available. However, the Company’s properties are aggregated into one reportable segment as they have similar economic characteristics, the Company provides similar services to its tenants and the Company evaluates the collective performance of its properties.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	Effective January 1, 2014, companies are required to present unrecognized tax benefits as a reduction to deferred tax assets when a net operating loss carryforward, a similar tax loss or a tax credit carryforward exists. To the extent none of these are available at the reporting date, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The adoption of this pronouncement did not have any effect on the Company’s consolidated financial statements.
	Effective January 1, 2015, with early adoption permitted effective January 1, 2014, the definition of discontinued operations has been revised to limit what qualifies for this classification and presentation to disposals of components of a company that represent strategic shifts that have, or will have, a major effect on a company’s operations and financial results. Required expanded disclosures for disposals or disposal groups that qualify for discontinued operations treatment are intended to provide users of financial statements with enhanced information about the assets, liabilities, revenues and expenses of such discontinued operations. In addition, in accordance with this pronouncement, companies are required to disclose the pretax profit or loss of an individually significant component that does not qualify for discontinued operations treatment. While the threshold for a disposal or disposal group to qualify for discontinued operations treatment has been revised, this pronouncement retains the held for sale classification and presentation concepts of previous authoritative literature. Accordingly, under this pronouncement, a disposal or disposal group may qualify for held for sale classification but not meet the threshold for discontinued operations treatment. The Company elected to early adopt this pronouncement effective January 1, 2014. The adoption, which is applied prospectively, is anticipated to substantially reduce the number of the Company’s transactions, going forward, that qualify for discontinued operations as compared to historical results. Except for Riverpark Phase IIA, which was classified as held for sale as of December 31, 2013 and, therefore, qualified for discontinued operations treatment under the previous standard, the investment properties that were sold or held for sale during 2014 did not qualify for discontinued operations treatment and, as such, are reflected in continuing operations on the consolidated statements of operations and other comprehensive income (loss).
	Effective January 1, 2016, with early adoption permitted effective January 1, 2014, companies that grant their employees share-based payments in which the terms of the award provide that a performance target which affects vesting could be achieved after the requisite service period will be required to treat that feature as a performance condition. The Company elected to early adopt this pronouncement effective January 1, 2014. The adoption of this pronouncement did not have any effect on the Company’s consolidated financial statements.
	Effective January 1, 2016, with early adoption permitted effective January 1, 2014, companies that issue hybrid financial instruments in the form of a share will be required to consider all stated and implied substantive terms and features in evaluating whether the host contract within the hybrid financial instrument is more akin to debt or to equity. The effects of initially adopting this pronouncement should be applied on a modified retrospective basis to existing hybrid financial instruments issued in the form of a share. The Company elected to early adopt this pronouncement effective January 1, 2014. The adoption of this pronouncement did not have any effect on the Company’s consolidated financial statements.
	Effective January 1, 2016, a company’s management will be required to assess the entity’s ability to continue as a going concern every reporting period including interim periods for a period of one year after the date that the financial statements are issued (or available to be issued) and provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The Company does not expect the adoption of this pronouncement will have a material effect on its consolidated financial statements.
	Effective January 1, 2016, the concept of extraordinary items will be eliminated from GAAP and entities will no longer be required to consider whether an underlying event or transaction is extraordinary. However, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently will be retained. The Company has elected to early adopt this pronouncement effective January 1, 2015. The adoption of this pronouncement is not expected to have any effect on the Company’s consolidated financial statements.
	Effective January 1, 2017, companies will be required to apply a five-step model in accounting for revenue arising from contracts with customers. The core principle of this revised revenue model is that a company recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Lease contracts will be excluded from this revenue recognition criteria; however, the sale of real estate will be required to follow the new model. This pronouncement allows either a full or a modified retrospective method of adoption. Expanded quantitative and qualitative disclosures regarding revenue recognition will be required for contracts that are subject to this guidance. The Company does not expect the adoption of this pronouncement will have a material effect on its consolidated financial statements; however, it will continue to evaluate this assessment until the guidance becomes effective.

Organization_and_Basis_of_Pres1

Organization and Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of property ownership	The Company’s property ownership as of December 31, 2014 is summarized below:
		Wholly-owned	Consolidated
			Joint Ventures (a)
	Operating properties (b)	213	—
	Development properties	2	1
	(a)	The Company has a 50% ownership interest in one LLC.
	(b)	Excludes two wholly-owned properties classified as held for sale as of December 31, 2014.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of amortization of intangible assets and liabilities during the next five years	The following table presents the amortization during the next five years and thereafter related to the acquired lease intangible assets and liabilities for properties owned as of December 31, 2014:
			2015			2016			2017			2018			2019			Thereafter			Total
	Amortization of:
	Acquired above market lease intangibles (a)		$	4,145		$	3,614		$	3,138		$	2,626		$	1,580		$	3,546		$	18,649
	Acquired in-place lease value intangibles (a)		21,261			17,563			14,211			11,190			8,468			34,148			106,841
	Acquired lease intangible assets, net (b)		$	25,406		$	21,177		$	17,349		$	13,816		$	10,048		$	37,694		$	125,490
	Acquired below market lease intangibles (a)		$	(5,191	)	$	(4,753	)	$	(4,612	)	$	(4,445	)	$	(4,248	)	$	(63,254	)	$	(86,503	)
	Acquired ground lease intangibles (c)		(560		)	(560		)	(560		)	(560		)	(560		)	(11,338		)	(14,138		)
	Acquired lease intangible liabilities, net (b)		$	(5,751	)	$	(5,313	)	$	(5,172	)	$	(5,005	)	$	(4,808	)	$	(74,592	)	$	(100,641	)
	(a)	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessor. The amortization of acquired above and below market lease intangibles is recorded as an adjustment to rental income and the amortization of acquired in-place lease value intangibles is recorded to depreciation and amortization expense.
	(b)	Acquired lease intangible assets, net and acquired lease intangible liabilities, net are presented net of $302,110 and $45,479 of accumulated amortization, respectively, as of December 31, 2014.
	(c)	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessee. The amortization is recorded as an adjustment to property operating expenses.
Schedule of impairment charges	Below is a summary of impairment charges recorded during the years ended December 31, 2014, 2013 and 2012:
			Year Ended December 31,
			2014			2013			2012
	Impairment of consolidated properties (a)		$	72,203		$	92,033		$	25,842
	Impairment of investment in unconsolidated joint ventures (b)		$	—		$	1,834		$	—
	Impairment of properties recorded at unconsolidated joint ventures (c)		$	—		$	286		$	1,527
	(a)	Included in “Provision for impairment of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss), except for $32,547 and $24,519, which is included in discontinued operations in 2013 and 2012, respectively.
	(b)	Included in “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the aggregate impairment charge recorded to write down the Company’s investment in its Hampton Retail Colorado, L.L.C. (Hampton) joint venture, which was dissolved during 2013. See Note 11 for further discussion.
	(c)	Reflected within “Equity in loss of unconsolidated joint ventures, net” in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the Company’s proportionate share of property-level impairment charges recorded at its unconsolidated joint ventures.

Acquisitions_Tables

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Schedule of property acquisitions	The Company closed on the following acquisitions during the year ended December 31, 2014:
	Date		Property Name		Metropolitan Statistical	Property Type		Square		Acquisition		Pro Rata
					Area (MSA)			Footage		Price		Acquisition
												Price
	30-Dec-14		Lakewood Towne Center - Parcel		Seattle	Multi-tenant parcel		44,000		$	5,750	$	5,750
	20-Nov-14		Avondale Plaza		Seattle	Multi-tenant retail		39,000		15,070		15,070
	23-Jun-14		Southlake Town Square - Outparcel (a)		Dallas	Single-user outparcel		8,500		6,369		6,369
	5-Jun-14		MS Inland Portfolio (b)		Various	Multi-tenant retail		1,194,800		292,500		234,000
	27-Feb-14		Bed Bath & Beyond Plaza - Fee Interest (c)		Miami	Ground lease interest		—		10,350		10,350
	27-Feb-14		Heritage Square		Seattle	Multi-tenant retail		53,100		18,022		18,022
								1,339,400		$	348,061	$	289,561
	(a)	The Company acquired a single-user outparcel located at its Southlake Town Square multi-tenant retail operating property that was subject to a ground lease with the Company prior to the transaction.
	(b)	As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in MS Inland Fund, LLC (MS Inland) by acquiring its partner’s 80% ownership interest in the six multi-tenant retail properties owned by the joint venture (collectively, the MS Inland acquisitions). The Company paid total cash consideration of approximately $120,600 before transaction costs and prorations and after assumption of the joint venture’s in-place mortgage financing on those properties of $141,698. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $24,158 as a result of remeasuring the carrying value of its 20% interest in the six acquired properties to fair value. Such gain is presented as “Gain on change in control of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	(c)	The Company acquired the fee interest in an existing wholly-owned multi-tenant retail operating property located in Miami, Florida, which was previously subject to a ground lease with a third party. In conjunction with this transaction, the Company reversed a straight-line ground rent liability of $4,258, which is presented in “Gain on extinguishment of other liabilities” in the accompanying consolidated statements of operations and other comprehensive income (loss).
	The Company closed on the following acquisitions during the year ended December 31, 2013:
	Date		Property Name		MSA	Property Type		Square		Acquisition		Pro Rata
								Footage		Price		Acquisition
												Price
	13-Nov-13		Fordham Place		New York City	Multi-tenant retail		262,000		$	133,900	$	133,900
	6-Nov-13		Pelham Manor Shopping Plaza		New York City	Multi-tenant retail		228,000		58,530		58,530
	1-Oct-13		RioCan Portfolio (a)		Various	Multi-tenant retail		598,100		124,783		99,826
								1,088,100		$	317,213	$	292,256
	(a)	As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan) and acquired its partner’s 80% ownership interest in five multi-tenant retail properties owned by the joint venture (collectively, the RioCan acquisitions). The Company paid total cash consideration of approximately $45,500 before transaction costs and prorations and after assumption of its partner’s 80% interest of the joint venture’s $67,900 in-place mortgage financing on those properties. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $5,435 as a result of remeasuring the carrying value of its 20% interest in the five acquired properties to fair value. Such gain is presented as “Gain on change in control of investment properties” in the accompanying consolidated statements of operations and other comprehensive income (loss).
Schedule of acquisition date fair values of assets acquired and liabilities assumed	The following table summarizes the acquisition date fair values, before prorations, the Company recorded in conjunction with the acquisitions discussed above:
			2014			2013
	Land		$	118,732		$	60,307
	Building and other improvements		219,174			238,388
	Acquired lease intangible assets (a)		35,520			46,357
	Acquired lease intangible liabilities (b)		(20,578		)	(26,525		)
	Mortgages payable (c)		(146,485		)	(69,177		)
	Net assets acquired (d)		$	206,363		$	249,350
	(a)	The weighted average amortization period for acquired lease intangible assets is eight years and 12 years for acquisitions completed during the years ended December 31, 2014 and 2013, respectively.
	(b)	The weighted average amortization period for acquired lease intangible liabilities is 16 years and 23 years for acquisitions completed during the years ended December 31, 2014 and 2013, respectively.
	(c)	Includes mortgage premium of $4,787 and $1,313 for acquisitions completed during the years ended December 31, 2014 and 2013, respectively.
	(d)	Net assets attributable to the MS Inland and RioCan acquisitions are presented at 100%.
Schedule of condensed pro forma financial information	The unaudited condensed pro forma financial information is as follows:
			Year Ended December 31,
			2014			2013			2012
	Total revenues		$	630,067		$	605,708		$	565,053
	Net income		$	15,583		$	24,964		$	6,902
	Net income attributable to common shareholders		$	6,133		$	15,514		$	6,639
	Earnings per common share — basic and diluted
	Net income per common share attributable to common shareholders		$	0.03		$	0.07		$	0.03
	Weighted average number of common shares outstanding — basic		236,184			234,134			220,464

Dispositions_Tables

Dispositions (Tables)	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Schedule of property dispositions	The Company closed on the following property dispositions during the year ended December 31, 2014:
	Date		Property Name		Property Type		Square		Consideration			Aggregate Proceeds, Net (a)		Gain (a)
							Footage
	Continuing Operations:
	22-Dec-14		Newburgh Crossing		Multi-tenant retail		62,900		$	10,000		$	9,770	$	—
	16-Dec-14		Diebold Warehouse		Single-user industrial		158,700		11,500			10,752		2,879
	4-Dec-14		Plaza at Riverlakes		Multi-tenant retail		102,800		17,350			17,021		4,127
	24-Nov-14		Mission Crossing (b)		Multi-tenant retail		178,200		24,250			23,545		5,936
	5-Nov-14		Crockett Square		Multi-tenant retail		107,100		9,750			9,565		822
	31-Oct-14		The Market at Clifty Crossing		Multi-tenant retail		175,900		19,150			18,883		5,292
	29-Oct-14		Shoppes at Stroud		Multi-tenant retail		136,400		26,850			26,466		485
	20-Oct-14		Various (c)		Single-user retail		65,400		24,400			23,846		6,362
	2-Oct-14		Gloucester Town Center		Multi-tenant retail		107,200		10,350			9,722		—
	27-Aug-14		Four Peaks Plaza		Multi-tenant retail		140,400		9,900			9,381		—
	26-Aug-14		Crossroads Plaza CVS		Single-user retail		16,000		7,650			7,411		2,863
	19-Aug-14		Greenwich Center		Multi-tenant retail		182,600		22,700			21,977		5,871
	19-Aug-14		Boston Commons		Multi-tenant retail		103,400		9,820			9,586		—
	15-Aug-14		Fisher Scientific		Single-user office		114,700		14,000			13,715		3,732
	15-Aug-14		Stanley Works/Mac Tools		Single-user office		72,500		10,350			10,184		1,375
	1-Aug-14		Battle Ridge Pavilion		Multi-tenant retail		103,500		14,100			13,722		1,327
	16-May-14		Beachway Plaza & Cornerstone Plaza (d)		Multi-tenant retail		189,600		24,450			23,584		819
	1-Apr-14		Midtown Center		Multi-tenant retail		408,500		47,150			46,043		—
							2,425,800		313,720			305,173		41,890
	Discontinued Operations:
	11-Mar-14		Riverpark Phase IIA		Single-user retail		64,300		9,269			9,204		655
							2,490,100		$	322,989		$	314,377	$	42,545
	(a)	Aggregate proceeds are net of transaction costs and exclude $324 of condemnation proceeds, which did not result in any additional gain recognition.
	(b)	The disposition of Mission Crossing was executed in two separate transactions for a total sales price of $24,250. The 163,400 square foot multi-tenant retail property, excluding the Walgreens outparcel, was sold for $17,250 to a third party and the 14,800 square foot Walgreens outparcel was sold for $7,000 to a different third party.
	(c)	The Company sold a portfolio of five drug stores located in Pennsylvania, Wisconsin and Alabama in a single transaction.
	(d)	The terms of the disposition of Beachway Plaza and Cornerstone Plaza were negotiated as a single transaction. The Company recognized a gain on sale of $527 during the second quarter of 2014 and an additional gain of $292 during the fourth quarter of 2014 that was deferred at disposition.
Schedule of assets and liabilities associated with investment properties classified as held for sale	The following table presents the assets and liabilities associated with the investment properties classified as held for sale:
		December 31, 2014				December 31, 2013
	Assets
	Land, building and other improvements	$	36,020			$	10,285
	Accumulated depreciation	(5,358		)		(2,206		)
	Net investment properties	30,662				8,079
	Other assets	2,978				537
	Assets associated with investment properties held for sale	$	33,640			$	8,616
	Liabilities
	Mortgages payable	$	8,075			$	6,435
	Other liabilities	128				168
	Liabilities associated with investment properties held for sale	$	8,203			$	6,603
Schedule of results of operations for investment properties that are accounted for as discontinued operations	The results of operations for the investment properties that are accounted for as discontinued operations, which consists of investment properties sold and classified as held for sale on or prior to December 31, 2013, including Riverpark Phase IIA, are presented in the table below:
		Year Ended December 31,
		2014				2013			2012
	Revenues:
	Rental income	$	(123	)		$	24,448		$	55,507
	Tenant recovery income	144				5,142			7,284
	Other property income	23				7,571			1,544
	Total revenues	44				37,161			64,335
	Expenses:
	Property operating expenses	121				4,802			7,941
	Real estate taxes	3				5,664			8,209
	Depreciation and amortization	—				11,075			27,468
	Provision for impairment of investment properties	—				32,547			24,519
	Gain on extinguishment of debt	—				(26,331		)	—
	Gain on extinguishment of other liabilities	—				(3,511		)	—
	Interest expense	68				3,632			20,256
	Other (income) expense, net	—				(113		)	5
	Total expenses	192				27,765			88,398
	(Loss) income from discontinued operations, net	$	(148	)		$	9,396		$	(24,063	)

Compensation_Plans_Tables

Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of unvested restricted shares	The following table represents a summary of the Company’s unvested restricted shares as of and for the years ended December 31, 2014, 2013 and 2012:
		Unvested		Weighted Average
		Restricted		Grant Date Fair
		Shares		Value per
				Restricted Share
	Balance as of January 1, 2012	14		$	17.13
	Shares granted (a)	32		$	17.38
	Shares vested	—		$	—
	Shares forfeited	—		$	—
	Balance as of December 31, 2012	46		$	17.3
	Shares granted (a)	116		$	14.27
	Shares vested	(9	)	$	15.53
	Shares forfeited	(1	)	$	15.61
	Balance as of December 31, 2013	152		$	15.11
	Shares granted (b)	303		$	13.89
	Shares vested	(58	)	$	14.5
	Shares forfeited	(1	)	$	15.61
	Balance as of December 31, 2014	396		$	14.26
	(a)	Of the shares granted to the Company’s executives in 2012 and 2013, 50% vest on each of the third and fifth anniversaries of the grant date. Shares granted to Company employees in 2013 vest ratably over three years and shares granted to the Company’s non-employee directors vested on May 22, 2014, the date of the annual stockholder meeting.
	(b)	Shares granted in 2014 vest ratably over periods ranging from one to three years in accordance with the terms of applicable award documents.

Leases_Tables

Leases (Tables)	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Schedule of minimum lease payments to be received under operating leases	Minimum lease payments to be received under operating leases, excluding payments under master lease agreements, additional percentage rent based on tenants’ sales volume and tenant reimbursements of certain operating expenses and assuming no exercise of renewal options or early termination rights, are as follows:
			Minimum Lease Payments (a)
	2015		$	447,535
	2016		408,877
	2017		357,000
	2018		310,505
	2019		242,518
	Thereafter		821,430
	Total		$	2,587,865
	(a)	Excludes minimum lease payments related to two investment properties classified as held for sale as of December 31, 2014.
Schedule of rent expense	The Company leases land under non-cancellable operating leases at certain of its properties expiring in various years from 2023 to 2090, exclusive of any available option periods. In addition, the Company leases office space for certain management offices and its corporate office. The following table summarizes rent expense included in the accompanying consolidated statements of operations and other comprehensive income (loss), including straight-line rent expense:
		Year Ended December 31,
		2014			2013		2012
	Ground lease rent expense (a)	$	11,676		$	9,758	$	9,217
	Office rent expense (b)	$	1,210		$	962	$	846
	(a)	Included in “Property operating expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss). Excludes amounts attributable to discontinued operations, but includes straight-line ground rent expense of $3,889, $3,486 and $3,251 for the years ended December 31, 2014, 2013 and 2012, respectively.
	(b)	Office rent expense related to property management operations is included in “Property operating expenses” and office rent expense related to corporate office operations is included in “General and administrative expenses” in the accompanying consolidated statements of operations and other comprehensive income (loss).
Schedule of minimum future rental obligations to be paid under ground and office leases	Minimum future rental obligations to be paid under the ground and office leases, including fixed rental increases, are as follows:
			Minimum Lease Obligations
	2015		$	8,440
	2016		8,293
	2017		8,362
	2018		8,428
	2019		8,773
	Thereafter		519,964
	Total		$	562,260

Mortgages_Payable_Tables

Mortgages Payable (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of mortgages payable	The following table summarizes the Company’s mortgages payable:
		December 31, 2014								December 31, 2013
		Aggregate Principal Balance			Weighted Average Interest Rate			Weighted Average Years to Maturity		Aggregate Principal Balance				Weighted Average Interest Rate		Weighted Average Years to Maturity
	Fixed rate mortgages payable (a)	$	1,616,063		6.03	%		4		$	1,673,080			6.15	%	4.9
	Variable rate construction loan (b)	14,900			2.44	%		0.8		11,359				2.44	%	0.8
	Mortgages payable	1,630,963			5.99	%		3.9		1,684,439				6.13	%	4.9
	Premium, net of accumulated amortization	3,972								1,175
	Discount, net of accumulated amortization	(470		)						(981		)
	Mortgages payable, net	$	1,634,465							$	1,684,633
	(a)	Includes $8,124 and $8,337 of variable rate mortgage debt that was swapped to a fixed rate as of December 31, 2014 and 2013, respectively, and excludes mortgages payable of $8,075 and $6,435 associated with investment properties classified as held for sale as of December 31, 2014 and 2013, respectively. The fixed rate mortgages had interest rates ranging from 3.35% to 8.00% and 3.50% to 8.00% as of December 31, 2014 and 2013, respectively.
	(b)	The variable rate construction loan bears interest at a floating rate of London Interbank Offered Rate (LIBOR) plus 2.25%.
Scheduled maturities and principal amortization of indebtedness	The following table shows the scheduled maturities and principal amortization of the Company’s indebtedness as of December 31, 2014, for each of the next five years and thereafter and the weighted average interest rates by year. The table does not reflect the impact of any 2015 debt activity.
		2015			2016				2017				2018			2019			Thereafter			Total
	Debt:
	Fixed rate debt:
	Mortgages payable (a)	$	376,659		$	67,736			$	321,126			$	12,414		$	502,882		$	335,246		$	1,616,063
	Unsecured credit facility - fixed rate portion of term loan (b)	—			—				—				300,000			—			—			300,000
	Unsecured notes payable	—			—				—				—			—			250,000			250,000
	Total fixed rate debt	376,659			67,736				321,126				312,414			502,882			585,246			2,166,063
	Variable rate debt:
	Construction loan	14,900			—				—				—			—			—			14,900
	Unsecured credit facility	—			—				—				150,000			—			—			150,000
	Total variable rate debt	14,900			—				—				150,000			—			—			164,900
	Total debt (c)	$	391,559		$	67,736			$	321,126			$	462,414		$	502,882		$	585,246		$	2,330,963
	Weighted average interest rate on debt:
	Fixed rate debt	5.59		%	5.06		%		5.53		%		2.18		%	7.5		%	4.72		%	5.28		%
	Variable rate debt	2.44		%	—				—				1.62		%	—			—			1.69		%
	Total	5.47		%	5.06		%		5.53		%		2		%	7.5		%	4.72		%	5.03		%
	(a)	Includes $8,124 of variable rate mortgage debt that was swapped to a fixed rate as of December 31, 2014. Excludes mortgage premium of $3,972 and discount of $(470), net of accumulated amortization, which was outstanding as of December 31, 2014 and a mortgage payable of $8,075 associated with one investment property classified as held for sale as of December 31, 2014.
	(b)	$300,000 of LIBOR-based variable rate debt has been swapped to a fixed rate through February 24, 2016. The swap effectively converts one-month floating rate LIBOR to a fixed rate of 0.53875% over the term of the swap.
	(c)	As of December 31, 2014, the weighted average years to maturity of consolidated indebtedness was 4.3 years.

Unsecured_Notes_Payable_Tables

Unsecured Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Summary of unsecured notes payable	The following table summarizes the Company’s unsecured notes payable as of December 31, 2014:
	Unsecured Notes Payable	Maturity Date	Principal		Interest Rate/
			Balance		Weighted Average
					Interest Rate
	Series A senior notes	30-Jun-21	$	100,000	4.12	%
	Series B senior notes	30-Jun-24	150,000		4.58	%
		Total	$	250,000	4.4	%

Credit_Facility_Tables

Credit Facility (Tables)	12 Months Ended
	Dec. 31, 2014
Line of Credit Facility [Abstract]
Summary of unsecured credit facility	The following table summarizes the Company’s unsecured credit facility:
				31-Dec-14				31-Dec-13
	Credit Facility		Maturity Date	Balance		Interest Rate/		Balance		Interest Rate/
						Weighted Average				Weighted Average
						Interest Rate				Interest Rate
	Term loan - fixed rate portion (a)		11-May-18	$	300,000	1.99	%	$	300,000	1.99	%
	Term loan - variable rate portion		11-May-18	150,000		1.62	%	150,000		1.62	%
	Revolving line of credit - variable rate		May 12, 2017 (b)	—		1.67	%	165,000		1.67	%
			Total	$	450,000	1.87	%	$	615,000	1.81	%
	(a)	$300,000 of the term loan has been swapped to a fixed rate of 0.53875% plus a margin based on a leverage grid ranging from 1.45% to 2.00% through February 24, 2016. The applicable margin was 1.45% as of December 31, 2014 and 2013.
	(b)	The Company has a one year extension option on the unsecured revolving line of credit, which it may exercise as long as it is in compliance with the terms of the unsecured credit agreement and it pays an extension fee equal to 0.15% of the commitment amount being extended.

Derivatives_Tables

Derivatives (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of interest rate swaps designated as cash flow hedges

The following table summarizes the Company’s interest rate swaps that were designated as cash flow hedges of interest rate risk:

Number of Instruments

Notional

Interest Rate Derivatives

December 31,

December 31,

December 31,

December 31,

2014

2013

2014

2013

Interest rate swaps

2

2

$

308,124

$

308,337

Schedule of estimated fair value of derivative instruments

The table below presents the estimated fair value of the Company’s derivative financial instruments, which are presented within “Other liabilities” in the consolidated balance sheets. The valuation techniques utilized are described in Note 16 to the consolidated financial statements.

Fair Value

December 31, 2014

December 31, 2013

Derivatives designated as cash flow hedges:

Interest rate swaps

$

562

$

751

Schedule of effect of derivative instruments on the consolidated statements of operations

The following table presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations and other comprehensive income (loss):

Derivatives in

Amount of Loss

Location of Loss

Amount of Loss

Location of

Amount of Loss (Gain)

Cash Flow

Recognized in Other Comprehensive Income

Reclassified from

Reclassified from

Loss (Gain)

Recognized in Income

Hedging

on Derivative

Accumulated Other Comprehensive Income (AOCI) into Income

AOCI into Income

Recognized In

on Derivative

Relationships

(Effective Portion)

(Effective Portion)

(Effective Portion)

Income on Derivative

(Ineffective Portion and

(Ineffective Portion and Amount Excluded from

Amount Excluded from

Effectiveness Testing)

Effectiveness Testing)

2014

2013

2014

2013

2014

2013

Interest rate swaps

$

981

$

1,444

Interest Expense

$

1,182

$

1,960

Other income, net

$

12

$

(912

)

Investment_in_Unconsolidated_J1

Investment in Unconsolidated Joint Ventures (Tables)	12 Months Ended
	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Summary of investments in unconsolidated joint ventures	The following table summarizes the Company’s investments in unconsolidated joint ventures:
					Ownership Interest					Investment at
	Joint Venture		Date of		December 31,			December 31,		December 31,			December 31,
			Investment		2014			2013		2014			2013
	MS Inland (a)		4/27/07		—	%		20	%	$	—		$	6,915
	Oak Property and Casualty LLC (b)		10/1/06		—	%		20	%	—			8,861
										$	—		$	15,776
	(a)	The MS Inland unconsolidated joint venture was formed with a large state pension fund; the Company was the managing member of the venture and earned fees for providing property management and leasing services. However, the Company had the ability to exercise significant influence, but did not have financial or operating control over this joint venture, and as a result, the Company accounted for its investment pursuant to the equity method of accounting. On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland through the acquisition of the six properties owned by the joint venture.
	(b)	Through December 1, 2014, Oak Property & Casualty LLC (the Captive) was an insurance association owned by the Company and three other unaffiliated parties (four other unaffiliated parties as of December 31, 2013). The Captive was formed to insure/reimburse the members’ deductible obligations for property and general liability insurance claims subject to certain limitations. The Company entered into the Captive to stabilize insurance costs, manage exposures and recoup expenses. It had been determined that the Captive was a VIE, but because the Company did not hold the power to most significantly impact the Captive’s performance, the Company was not considered the primary beneficiary. Accordingly, the Company’s investment in the Captive was accounted for pursuant to the equity method of accounting. The Company’s risk of loss was limited to its investment and the Company was not required to fund additional capital to the Captive. Effective December 1, 2014, the Company terminated its participation in the Captive and established a new wholly-owned captive insurance company. See Note 17 for further details.
Schedule of condensed balance sheets of unconsolidated joint ventures	Combined condensed financial information of the Company’s joint ventures (at 100%) for the periods attributable to the Company’s ownership is summarized as follows:
			Combined
			Condensed Total
			December 31,				December 31,
			2014				2013
	Assets
	Real estate assets		$	—			$	270,916
	Less accumulated depreciation		—				(52,624		)
	Real estate, net		—				218,292
	Other assets, net		—				49,227
	Total assets		$	—			$	267,519
	Liabilities
	Mortgage debt		$	—			$	142,537
	Other liabilities, net		—				22,725
	Total liabilities		—				165,262
	Total equity		—				102,257
	Total liabilities and equity		$	—			$	267,519
Schedule of condensed income statements of unconsolidated joint ventures
			Year ended December 31,
			RioCan (a)										Hampton (b)									Other Joint Ventures (c)							Combined Condensed Total
			2014				2013			2012			2014			2013			2012			2014			2013		2012		2014			2013			2012
	Revenues:
	Property related income		$	—			$	36,758		$	48,483		$	—		$	—		$	—		$	11,853		$	27,841	$	27,115	$	11,853		$	64,599		$	75,598
	Other income		—				—			—			—			—			—			6,679			8,174		7,884		6,679			8,174			7,884
	Total revenues		—				36,758			48,483			—			—			—			18,532			36,015		34,999		18,532			72,773			83,482
	Expenses:
	Property operating expenses		—				5,001			7,315			—			—			—			1,660			3,522		4,439		1,660			8,523			11,754
	Real estate taxes		—				6,187			8,570			—			—			—			2,339			5,267		4,711		2,339			11,454			13,281
	Depreciation and amortization						21,964			33,947			—			—			—			3,948			9,601		10,720		3,948			31,565			44,667
	General and administrative expenses		—				457			993			—			6			40			268			454		248		268			917			1,281
	Interest expense, net		—				7,033			10,067			—			(1,758		)	(319		)	3,028			7,129		7,853		3,028			12,404			17,601
	Other (income) expense, net		—				(4,436		)	823			—			(13		)	—			11,921			6,025		6,625		11,921			1,576			7,448
	Total expenses		—				36,206			61,715			—			(1,765		)	(279		)	23,164			31,998		34,596		23,164			66,439			96,032
	Income (loss) from continuing operations		—				552			(13,232		)	—			1,765			279			(4,632		)	4,017		403		(4,632		)	6,334			(12,550		)
	(Loss) income from discontinued operations (d)		—				(1,026		)	(2,415		)	—			(117		)	(1,278		)	—			52		2,399		—			(1,091		)	(1,294		)
	Gain on sales of investment properties - discontinued operations		—				—			—			—			1,019			—			—			—		—		—			1,019			—
	Net (loss) income		$	—			$	(474	)	$	(15,647	)	$	—		$	2,667		$	(999	)	$	(4,632	)	$	4,069	$	2,802	$	(4,632	)	$	6,262		$	(13,844	)
	(a)	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan).
	(b)	During 2013, the Company dissolved its joint venture arrangement with its partner in Hampton Retail Colorado, L.L.C. (Hampton).
	(c)	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland. In addition, effective December 1, 2014, the Company terminated its investment in the Captive.
	(d)	Included within “(Loss) income from discontinued operations” are the following: property-level operating results attributable to the five properties the Company acquired from its RioCan unconsolidated joint venture on October 1, 2013; all property-level operating results attributable to the Hampton unconsolidated joint venture; and, the property-level operating results recognized by the Company’s MS Inland unconsolidated joint venture related to a property sold to the Company’s RioCan unconsolidated joint venture. The property-level operating results for the portfolio of properties held by the Company’s MS Inland unconsolidated joint venture are presented within “Income (loss) from continuing operations” above given that the Company’s acquisition of its partner’s 80% interest in all of the properties was a transaction among partners. The property-level operating results of the eight RioCan properties in which the Company’s partner acquired the Company’s 20% interest are presented within “Income (loss) from continuing operations” above given the continuity of the controlling financial interest before and after the dissolution transaction.
Summary of profits, losses and capital activity related to unconsolidated joint ventures	The following table summarizes the Company’s share of net income (loss) as well as net cash distributions from (contributions to) each unconsolidated joint venture:
			The Company’s Share of										Net Cash Distributions from/									Fees Earned by the Company for the
			Net Income (Loss) for the										(Contributions to) Joint Ventures for									Years Ended December 31,
			Years Ended December 31,										the Years Ended December 31,
	Joint Venture		2014				2013			2012			2014			2013			2012			2014			2013		2012
	MS Inland (a)		$	241			$	661		$	18		$	1,360		$	2,369		$	1,992		$	338		$	859	$	851
	Hampton (b)		—				2,576			(890		)	—			855			68			—			1		3
	RioCan (c)		—				(176		)	(2,467		)	—			(2,394		)	10,958			—			1,648		2,109
	Captive (d)		(2,444		)		(2,589		)	(3,081		)	(25		)	(2,503		)	(3,268		)	—			—		—
			$	(2,203	)		$	472		$	(6,420	)	$	1,335		$	(1,673	)	$	9,750		$	338		$	2,508	$	2,963
	(a)	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland.
	(b)	During the years ended December 31, 2013 and 2012, Hampton determined that the carrying value of certain of its assets was not recoverable and, accordingly, recorded property level impairment charges in the amounts of $298 and $1,593, of which the Company’s share was $286 and $1,527, respectively. The joint venture’s estimates of fair value relating to these impairment assessments were based upon bona fide purchase offers. During 2013, the Company dissolved its joint venture arrangement with its partner in Hampton.
	(c)	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RioCan.
	(d)	Effective December 1, 2014, the Company terminated its participation in the Captive.
Summary of acquisition and disposition activity for unconsolidated joint ventures	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland by acquiring its partner’s 80% ownership interest in the six multi-tenant retail properties owned by the joint venture (see Note 3). The six properties had, at acquisition, a combined fair value of $292,500, with the Company’s partner’s interest valued at $234,000. The Company paid total cash consideration of approximately $120,600 before transaction costs and prorations and after assumption of the joint venture’s in-place mortgage financing on those properties of $141,698 at a weighted average interest rate of 4.79%. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $24,158 in the second quarter of 2014 as a result of remeasuring the carrying value of its 20% interest in the six acquired properties to fair value. The following table summarizes the calculation of the gain on change in control of investment properties recognized in conjunction with the transaction discussed above:
	Fair value of the net assets acquired at 100%		$	150,802
	Fair value of the net assets acquired at 20%		$	30,160
	Less: Carrying value of the Company’s previous investment in the six properties acquired on June 5, 2014		6,002
	Gain on change in control of investment properties		$	24,158
	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RioCan as follows:
	•	The Company acquired its partner’s 80% ownership interest in five properties owned by the joint venture (see Note 3). The properties have a fair value of approximately $124,800, with the Company’s partner’s interest valued at approximately $99,900. The Company paid total cash consideration of approximately $45,500 before transaction costs and prorations and after assumption of the joint venture’s in-place mortgage financing on those properties of approximately $67,900 at a weighted average interest rate of 4.8%. The Company accounted for this transaction as a business combination and recognized a gain on change in control of investment properties of $5,435 as a result of remeasuring the carrying value of its 20% interest in the five acquired properties to fair value. The following table summarizes the calculation of the gain on change in control of investment properties recognized in conjunction with the transaction discussed above:
	Fair value of the net assets acquired at 100%		$	56,919
	Fair value of the net assets acquired at 20%		$	11,384
	Less: Carrying value of the Company’s previous investment in the five properties acquired on October 1, 2013		5,949
	Gain on change in control of investment properties		$	5,435
	•	The Company sold to its partner its 20% ownership interest in the remaining eight properties owned by the joint venture. The properties have a fair value of approximately $477,500, with the Company’s 20% interest valued at approximately $95,500. The Company received cash consideration of approximately $53,700 before transaction costs and prorations and after the partner assumed the joint venture’s in-place mortgage financing on those properties of approximately $209,200 at a weighted average interest rate of 3.7%. The Company recognized a $17,499 gain on sale of its interest in RioCan as a result of the transaction upon meeting all applicable sales criteria. The following table summarizes the calculation of the gain on sale of joint venture interest recognized in conjunction with the transaction described above:
	Investment in RioCan at September 30, 2013		$	41,523
	Less: Carrying value of the Company’s previous investment in the five properties		5,949
	acquired on October 1, 2013
	Pre-disposition investment in RioCan		$	35,574
	Net consideration received at close for the Company’s interest in RioCan		$	53,073
	Less: Pre-disposition investment in RioCan		35,574
	Gain on sale of joint venture interest		$	17,499
	Also during the year ended December 31, 2013, Hampton sold the two remaining properties in its portfolio. Such transactions aggregated a combined sales price of $13,300, resulting in a gain on sale of $1,019 on one of the properties. Proceeds from the sales were used to pay down the entire $12,631 balance of the joint venture’s outstanding debt. As of December 31, 2013, no properties remained in the Hampton joint venture and the venture had been dissolved.

Equity_Tables

Equity (Tables)	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Summary of activity under ATM equity program	The following table presents activity under the Company’s ATM equity program:
		Number of	Total net		Average price
		common	consideration		per share
		shares sold
	First quarter 2013	56	$	688	$	14.94
	Second quarter 2013	5,491	$	82,839	$	15.3
	Third quarter 2013	—	$	—	$	—
	Fourth quarter 2013	—	$	—	$	—
	Year to date December 31, 2013	5,547	$	83,527	$	15.29
	First quarter 2014	—	$	—	$	—
	Second quarter 2014	—	$	—	$	—
	Third quarter 2014	—	$	—	$	—
	Fourth quarter 2014	—	$	—	$	—
	Year to date December 31, 2014	—	$	—	$	—

Earnings_per_Share_Tables

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Schedule of reconciliation between weighted average shares used in the basic and diluted EPS calculations	The following is a reconciliation between weighted average shares used in the basic and diluted earnings per share (EPS) calculations:
		Year Ended December 31,
		2014				2013				2012
	Numerator:
	Income (loss) from continuing operations	$	597			$	(42,855	)		$	(14,368	)
	Gain on sales of investment properties, net	42,196				5,806				7,843
	Preferred stock dividends	(9,450		)		(9,450		)		(263		)
	Income (loss) from continuing operations attributable to common shareholders	33,343				(46,499		)		(6,788		)
	Income from discontinued operations	507				50,675				6,078
	Net income (loss) attributable to common shareholders	33,850				4,176				(710		)
	Distributions paid on unvested restricted shares	(225		)		(59		)		(25		)
	Net income (loss) attributable to common shareholders excluding amounts	$	33,625			$	4,117			$	(735	)
	attributable to unvested restricted shares
	Denominator:
	Denominator for earnings (loss) per common share — basic:
	Weighted average number of common shares outstanding	236,184			(a)	234,134			(b)	220,464			(c)
	Effect of dilutive securities — stock options	3			(d)	—			(d)	—			(d)
	Denominator for earnings (loss) per common share — diluted:
	Weighted average number of common and common equivalent	236,187				234,134				220,464
	shares outstanding
	(a)	Excluded from this weighted average amount are 396 shares of unvested restricted common stock, which equate to 364 shares on a weighted average basis for the year ended December 31, 2014. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
	(b)	Excluded from this weighted average amount are 152 shares of unvested restricted common stock, which equate to 106 shares on a weighted average basis for the year ended December 31, 2013. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
	(c)	Excluded from this weighted average amount are 46 shares of unvested restricted common stock, which equate to 40 shares on a weighted average basis for the year ended December 31, 2012. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
	(d)	There were outstanding options to purchase 64, 78 and 83 shares of common stock as of December 31, 2014, 2013 and 2012, respectively, at a weighted average exercise price of $19.32, $19.10 and $19.31, respectively. Of these totals, outstanding options to purchase 54, 78 and 83 shares of common stock as of December 31, 2014, 2013 and 2012, respectively, at a weighted average exercise price of $20.72, $19.10 and $19.31, respectively, have been excluded from the common shares used in calculating diluted earnings per share as including them would be anti-dilutive.

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets and liabilities	The Company’s deferred tax assets and liabilities as of December 31, 2014 and 2013 were as follows:
			2014			2013
	Deferred tax assets:
	Basis difference in properties		$	14,211		$	16,417
	Capital loss carryforward		3,225			—
	Net operating loss carryforward		2,995			2,228
	Other		140			194
	Gross deferred tax assets		20,571			18,839
	Less: valuation allowance		(20,355		)	(18,631		)
	Total deferred tax assets		216			208
	Deferred tax liabilities:
	Other		(216		)	(208		)
	Net deferred tax assets		$	—		$	—
Reconciliation of net income (loss) to taxable income before the dividends paid deduction	The following table reconciles the Company’s net income (loss) to REIT taxable income before the dividends paid deduction for the years ended December 31, 2014, 2013 and 2012:
			2014			2013			2012
	Net income (loss) attributable to the Company		$	43,300		$	13,626		$	(447	)
	Book/tax differences		71,910			60,098			3,807
	REIT taxable income subject to 90% dividend requirement		$	115,210		$	73,724		$	3,360
Schedule of dividends paid deduction	The Company’s dividends paid deduction for the years ended December 31, 2014, 2013 and 2012 is summarized below:
			2014			2013			2012
	Cash distributions paid		$	166,025		$	164,391		$	140,017
	Less: non-dividend distributions		(50,815		)	(90,667		)	(136,657		)
	Total dividends paid deduction attributable to earnings and profits		$	115,210		$	73,724		$	3,360
Schedule of tax characterization of distributions paid per share	A summary of the tax characterization of the distributions paid per share to shareholders of the Company’s preferred stock and common stock for the years ended December 31, 2014, 2013 and 2012 follows:
			2014			2013			2012
	Preferred stock
	Ordinary dividends		$	1.75		$	1.8		$	—
	Non-dividend distributions		—			—			—
	Total distributions per share		$	1.75		$	1.8		$	—
	Common stock
	Ordinary dividends		$	0.45		$	0.27		$	0.02		(a)
	Non-dividend distributions		0.21			0.39			0.64
	Total distributions per share		$	0.66		$	0.66		$	0.66
	(a)	$0.02 included in ordinary dividends is considered a qualified dividend.

Provision_for_Impairment_of_In1

Provision for Impairment of Investment Properties (Tables)	12 Months Ended
	Dec. 31, 2014
Impairment or Disposal of Tangible Assets Disclosure [Abstract]
Schedule of investment property impairment charges	The investment property impairment charges recorded by the Company during the year ended December 31, 2012 are summarized below:
	Property Name		Property Type	Impairment Date	Square	Provision for
					Footage	Impairment of
						Investment
						Properties
	Towson Circle		Multi-tenant retail	25-Jun-12	n/a (a)	$	1,323
	Discontinued Operations:
	Various (b)		Single-user retail	18-Sep-12	1,000,400	1,100
	Various (c)		Multi-tenant retail	25-Sep-12	132,600	5,528
	Mervyns - McAllen		Single-user retail	30-Sep-12	78,000	2,950
	Mervyns - Bakersfield		Single-user retail	30-Sep-12	75,100	37
	Pro’s Ranch Market		Single-user retail	Various (d)	75,500	2,749
	American Express - Phoenix		Single-user office	Various (d)	117,600	4,902
	Mervyns - Fontana		Single-user retail	24-Dec-12	79,000	352
	Mervyns - Ridgecrest		Single-user retail	Various (d)	59,000	1,622
	Dick’s Sporting Goods - Fresno		Multi-tenant retail	Various (d)	77,400	2,982
	Mervyns - Highland		Single-user retail	Various (d)	80,500	2,297
						24,519
					Total	$	25,842
			Estimated fair value of impaired properties as of impairment date			$	161,039
	(a)	The Company sold a parcel of land to an unaffiliated third party for which the allocated carrying value was $1,323 greater than the sales price. Such disposition did not qualify for discontinued operations accounting treatment.
	(b)	The Company recorded an impairment charge in conjunction with the sale of 13 former Mervyns properties located throughout California based upon the terms and conditions of the executed sales contract.
	(c)	The Company recorded an impairment charge in conjunction with the sale of three multi-tenant retail properties located near Dallas, Texas based upon the terms and conditions of the executed sales contract.
	(d)	Impairment charges were recorded at various dates during the year ended December 31, 2012 initially based upon the terms of bona fide purchase offers, subsequent revisions pursuant to contract negotiations or final disposition price, as applicable.
	The investment property impairment charges recorded by the Company during the year ended December 31, 2013 are summarized below:
	Property Name		Property Type	Impairment Date	Square	Provision for
					Footage	Impairment of
						Investment
						Properties
	Aon Hewitt East Campus (a)		Single-user office	30-Sep-13	343,000	$	27,183
	Four Peaks Plaza (b)		Multi-tenant retail	31-Dec-13	140,400	7,717
	Lake Mead Crossing (b)		Multi-tenant retail	31-Dec-13	221,200	24,586
						59,486
	Discontinued Operations:
	University Square (c)		Multi-tenant retail	30-Jun-13	287,000	6,694
	Raytheon Facility		Single-user office	Various (d)	105,000	2,518
	Shops at 5		Multi-tenant retail	Various (d)	421,700	21,128
	Preston Trail Village		Multi-tenant retail	Various (d)	180,000	1,941
	Rite Aid - Atlanta		Single-user retail	Various (d)	10,900	266
						32,547
					Total	$	92,033
			Estimated fair value of impaired properties as of impairment date			$	134,853
	(a)	The Company recorded an impairment charge driven by a change in the estimated holding period for the property. The amount of the impairment charge was based upon the terms and conditions of a bona fide purchase offer received from an unaffiliated third party.
	(b)	The Company recorded impairment charges driven by changes in the estimated holding periods for the properties.
	(c)	The Company recorded an impairment charge upon re-evaluating the strategic alternatives for the property, which was subsequently sold on October 25, 2013.
	(d)	Impairment charges were recorded at various dates during the year ended December 31, 2013 initially based upon the terms of bona fide purchase offers, subsequent revisions pursuant to contract negotiations or final disposition price, as applicable.
	The investment property impairment charges recorded by the Company during the year ended December 31, 2014 are summarized below:
	Property Name		Property Type	Impairment Date	Square	Provision for
					Footage	Impairment of
						Investment
						Properties
	Midtown Center (a)		Multi-tenant retail	31-Mar-14	408,500	$	394
	Gloucester Town Center		Multi-tenant retail	Various (b)	107,200	6,148
	Boston Commons (a)		Multi-tenant retail	19-Aug-14	103,400	453
	Four Peaks Plaza (a)		Multi-tenant retail	27-Aug-14	140,400	4,154
	Shaw’s Supermarket (c)		Single-user retail	30-Sep-14	65,700	6,230
	The Gateway (d)		Multi-tenant retail	30-Sep-14	623,200	42,999
	Newburgh Crossing (a)		Multi-tenant retail	22-Dec-14	62,900	1,139
	Hartford Insurance Building (e)		Single-user office	31-Dec-14	97,400	5,782
	Citizen’s Property Insurance Building (e)		Single-user office	31-Dec-14	59,800	4,341
	Aon Hewitt East Campus (f)		Single-user office	31-Dec-14	343,000	563
					Total	$	72,203
			Estimated fair value of impaired properties as of impairment date			$	190,953
	(a)	The Company recorded impairment charges based upon the terms and conditions of an executed sales contract for each of the respective properties, which were sold during 2014 and are included in continuing operations.
(b)	An impairment charge was recorded on June 30, 2014 based upon the terms of a bona fide purchase offer and additional impairment was recognized on September 30, 2014 pursuant to the terms and conditions of an executed sales contract.
(c)	The Company recorded an impairment charge upon re-evaluating the strategic alternatives for the property.
(d)	The Company recorded an impairment charge as a result of a combination of factors including the expected impact on future operating results stemming from a re-evaluation of the anticipated positioning of, and tenant population at, the property and a re-evaluation of other potential strategic alternatives for the property.
(e)	The Company recorded impairment charges driven by changes in the estimated holding periods for the properties.
(f)	The Company recorded an impairment charge based upon the terms and conditions of an executed sales contract. This property was classified as held for sale as of December 31, 2014 and was sold on January 20, 2015.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Schedule of carrying value and estimated fair value of financial instruments	The following table presents the carrying value and estimated fair value of the Company’s financial instruments:
		December 31, 2014					December 31, 2013
		Carrying Value			Fair Value		Carrying Value			Fair Value
	Financial liabilities:
	Mortgages payable, net	$	1,634,465		$	1,749,671	$	1,684,633		$	1,827,638
	Unsecured notes payable	$	250,000		$	258,360	$	—		$	—
	Credit facility	$	450,000		$	451,502	$	615,000		$	617,478
	Derivative liability	$	562		$	562	$	751		$	751
Schedule of financial instruments measured at fair value on a recurring basis	The following table presents the Company’s financial instruments, which are measured at fair value on a recurring basis, by the level in the fair value hierarchy within which those measurements fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
		Fair Value
		Level 1			Level 2		Level 3			Total
	December 31, 2014
	Derivative liability	$	—		$	562	$	—		$	562
	December 31, 2013
	Derivative liability	$	—		$	751	$	—		$	751
Schedule of assets measured at fair value on a nonrecurring basis	The following table presents the Company’s assets measured on a nonrecurring basis as of December 31, 2014 and 2013, aggregated by the level within the fair value hierarchy in which those measurements fall. The table includes information related to properties remeasured to fair value during the years ended December 31, 2014 and 2013, except for those properties sold prior to December 31, 2014 and 2013, respectively. Methods and assumptions used to estimate the fair value of these assets are described after the table.
		Fair Value
		Level 1			Level 2		Level 3			Total		Provision for
												Impairment (a)
	December 31, 2014
	Investment properties	$	—		$	—	$	86,500	(b)	$	86,500	$	59,352
	Investment properties - held for sale (c)	$	—		$	17,233	$	—		$	17,233	$	563
	December 31, 2013
	Investment properties (d)	$	—		$	—	$	75,000		$	75,000	$	59,486
	(a)	Excludes impairment charges recorded on investment properties sold prior to December 31, 2014 and 2013, respectively.
	(b)	Represents the fair values of the Company’s Shaw’s Supermarket, The Gateway, Hartford Insurance Building and Citizen’s Property Insurance Building investment properties. The estimated fair values of Shaw’s Supermarket and The Gateway of $3,100 and $75,400, respectively, were determined using the income approach. The income approach involves discounting the estimated income stream and reversion (presumed sale) value of a property over an estimated holding period to a present value at a risk-adjusted rate. Discount rates, growth assumptions and terminal capitalization rates utilized in this approach are derived from property-specific information, market transactions and other industry data. The terminal capitalization rate and discount rate are significant inputs to this valuation. The following were the key Level 3 inputs used in estimating the fair value of Shaw’s Supermarket and The Gateway as of September 30, 2014.
			2014
			Low	High
	Rental growth rates		Varies (i)	Varies (i)
	Operating expense growth rates		1.39%	3.70%
	Discount rates		8.25%	9.50%
	Terminal capitalization rates		7.50%	8.50%
	(i)	Since cash flow models are established at the tenant level, projected rental revenue growth rates fluctuate over the course of the estimated holding period based upon the timing of lease rollover, amount of available space and other property and space-specific factors.
	The estimated fair values of Hartford Insurance Building and Citizen’s Property Insurance Building of $5,000 and $3,000, respectively, were based upon third party comparable sales prices, which contain unobservable inputs used by these third parties to determine the estimated fair values.
	(c)	Represents an impairment charge recorded during the the three months ended December 31, 2014 for Aon Hewitt East Campus, which was classified as held for sale as of December 31, 2014. Such charge, calculated as the expected sales price from the executed sales contract less estimated transaction costs as compared to the Company’s carrying value of its investment, was determined to be a Level 2 input. The estimated transaction costs totaling $738 are not reflected as a reduction to the fair value disclosed in the table above.
	(d)	Includes impairment charges to write down the carrying value of the Company’s Aon Hewitt East Campus, Four Peaks Plaza and Lake Mead Crossing investment properties to estimated fair value. The estimated fair value of Aon Hewitt East Campus of $18,000 was based upon a bona fide purchase offer received by the Company from an unaffiliated third party (a Level 3 input). The estimated fair value of Four Peaks Plaza and Lake Mead Crossing of $14,000 and $43,000, respectively, were determined using the income approach. See footnote (b) above for a full description of the income approach. The following were the key Level 3 inputs used in estimating the fair value of Four Peaks Plaza and Lake Mead Crossing as of December 31, 2013.
			2013
			Low	High
	Rental growth rates		Varies (i)	Varies (i)
	Operating expense growth rates		3.27%	3.56%
	Discount rates		7.29%	8.45%
	Terminal capitalization rates		6.79%	8.49%
	(i)	Since cash flow models are established at the tenant level, projected rental revenue growth rates fluctuate over the course of the estimated holding period based upon the timing of lease rollover, amount of available space and other property and space-specific factors.
Schedule of financial liabilities measured at fair value	The following table presents the Company’s financial liabilities, which are measured at fair value for disclosure purposes, by the level in the fair value hierarchy within which those measurements fall. Methods and assumptions used to estimate the fair value of these instruments are described after the table.
		Fair Value
		Level 1			Level 2		Level 3			Total
	December 31, 2014
	Mortgages payable, net	$	—		$	—	$	1,749,671		$	1,749,671
	Unsecured notes payable	$	—		$	—	$	258,360		$	258,360
	Credit facility	$	—		$	—	$	451,502		$	451,502
	December 31, 2013
	Mortgages payable, net	$	—		$	—	$	1,827,638		$	1,827,638
	Credit facility	$	—		$	—	$	617,478		$	617,478

Quarterly_Financial_Informatio1

Quarterly Financial Information (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial information (unaudited)
			2014
			31-Dec		30-Sep			30-Jun		31-Mar
	Total revenues (a)		$	153,531	$	151,446		$	146,446	$	149,191
	Net income (loss)		$	25,865	$	(26,736	)	$	30,043	$	14,128
	Net income (loss) attributable to common shareholders		$	23,502	$	(29,098	)	$	27,680	$	11,766
	Net income (loss) per common share attributable to common		$	0.1	$	(0.12	)	$	0.12	$	0.05
	shareholders — basic and diluted
	Weighted average number of common shares outstanding — basic		236,204		236,203			236,176		236,151
	Weighted average number of common shares outstanding — diluted		236,207		236,203			236,179		236,153
			2013
			31-Dec		30-Sep			30-Jun		31-Mar
	Total revenues (a)		$	150,689	$	136,198		$	132,418	$	132,203
	Net income (loss)		$	37,087	$	(37,552	)	$	15,971	$	(1,880	)
	Net income (loss) attributable to common shareholders		$	34,724	$	(39,914	)	$	13,608	$	(4,242	)
	Net income (loss) per common share attributable to common		$	0.15	$	(0.17	)	$	0.06	$	(0.02	)
	shareholders — basic and diluted
	Weighted average number of common shares outstanding — basic		236,151		236,151			233,624		230,611
	Weighted average number of common shares outstanding — diluted		236,151		236,151			233,627		230,611
	(a)	Unaudited quarterly “Total revenues” reflects the reclassification of a portion of amounts previously included in “Loss on lease terminations” on the Company’s accompanying consolidated statements of operations and other comprehensive income (loss). The portion of loss on lease terminations reclassified as an increase to rental income was $44, $140 and $403 for the quarterly periods ended September 30, June 30 and March 31, 2014, respectively. The portion of loss on lease terminations reclassified as a (decrease) or increase to rental income was $(27), $72, $98 and $142 for the quarterly periods ended December 31, September 30, June 30 and March 31, 2013, respectively.

Organization_and_Basis_of_Pres2

Organization and Basis of Presentation (Details) (USD $)	12 Months Ended				3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014		Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
	property
Organization and Basis of Presentation
Number of wholly-owned subsidiaries jointly elected to be treated as a TRS			1
Loss on lease terminations	$2,819	$6,102
Number of wholly-owned properties classified as held for sale	1		2					1
Wholly-owned | Operating properties
Organization and Basis of Presentation
Number of real estate properties			213	[1]
Number of wholly-owned properties classified as held for sale			2
Wholly-owned | Development properties
Organization and Basis of Presentation
Number of real estate properties			2
Consolidated joint ventures
Organization and Basis of Presentation
Number of less-than-wholly-owned consolidated entities in which Company is the controlling member			1
Consolidated joint ventures | Maximum
Organization and Basis of Presentation
Percentage of interest in a variable interest entity required for consolidation			100.00%
Consolidated joint ventures | Development properties
Organization and Basis of Presentation
Number of real estate properties			1	[2]
Ownership interest in consolidated joint venture (as a percent)			50.00%
Number of consolidated LLCs in which Company has ownership interest			1
Rental income
Organization and Basis of Presentation
Reclassification of loss on lease terminations	285	488			44	140	403	-27	72	98	142
Depreciation and amortization
Organization and Basis of Presentation
Reclassification of loss on lease terminations	$3,104	$5,614
[1]	Excludes two wholly-owned properties classified as held for sale as of DecemberB 31, 2014.
[2]	The Company has a 50% ownership interest in one LLC.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended						3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012		Mar. 31, 2013
	property		property		property		property
	Segments
Impairment charges	$72,203		$92,033		$25,842
Number of properties classified as held for sale	2		1
Recognized gain on marketable securities, net	0		0		25,840
Unrealized OCI gain	0		0		4,748
Restricted cash and escrows	58,469		40,198
Balance in accumulated other comprehensive loss relating to derivatives	537
Lease termination income	2,667		15,787		2,331
Percentage rental income	5,229		4,744		5,356
Number of real estate properties sold	24		20		31
Number of reportable segments	1
Amortization of:
Total	125,490		129,561
Total	-100,641		-91,881
Hampton Retail Colorado, L.L.C.
Impairment of investment in unconsolidated joint ventures			1,834
Number of real estate properties sold			2				1
Consolidated properties
Impairment charges	72,203	[1]	92,033	[1]	25,842	[1]
Unconsolidated properties
Impairment charges	0		286	[2]	1,527	[2]
Impairment of investment in unconsolidated joint ventures	0		1,834	[3]	0
Buildings and associated improvements
Estimated useful life	30 years
Site improvements and most other capital improvements
Estimated useful life	15 years
Capitalized construction, insurance, architechtural, legal, interest and other financing costs, and real estate taxes
Development payables	91		271
Discontinued operations
Impairment charges			32,547		24,519
Lease termination income	0		7,182		1,106
Percentage rental income	0		55		52
Acquired in-place lease value intangibles
Amortization expense	28,977		32,241		36,524
Amortization of:
2015	21,261
2016	17,563
2017	14,211
2018	11,190
2019	8,468
Thereafter	34,148
Total	106,841	[4]
Acquired in-place lease value intangibles | Discontinued operations
Amortization expense	0		1,717		3,575
Acquired above market lease intangibles
Amortization expense	4,170		3,053		4,026
Amortization of:
2015	4,145
2016	3,614
2017	3,138
2018	2,626
2019	1,580
Thereafter	3,546
Total	18,649	[4]
Acquired above market lease intangibles | Discontinued operations
Amortization expense	0		25		150
Acquired lease intangible assets, net
Accumulated amortization of acquired lease intangible assets	302,110
Amortization of:
2015	25,406
2016	21,177
2017	17,349
2018	13,816
2019	10,048
Thereafter	37,694
Total	125,490	[5]
Acquired below market lease intangibles
Amortization expense	6,246		4,187		5,339
Amortization of:
2015	-5,191
2016	-4,753
2017	-4,612
2018	-4,445
2019	-4,248
Thereafter	-63,254
Total	-86,503	[4]
Acquired below market lease intangibles | Discontinued operations
Amortization expense	0		183		409
Acquired ground lease intangibles
Amortization expense	560		93
Amortization of:
2015	-560
2016	-560
2017	-560
2018	-560
2019	-560
Thereafter	-11,338
Total	-14,138	[6]
Acquired lease intangible liabilities, net
Accumulated amortization of acquired lease intangible liabilities	45,479
Amortization of:
2015	-5,751
2016	-5,313
2017	-5,172
2018	-5,005
2019	-4,808
Thereafter	-74,592
Total	($100,641)	[5]
[1]	Included in bProvision for impairment of investment propertiesb in the accompanying consolidated statements of operations and other comprehensive income (loss), except for $32,547 and $24,519, which is included in discontinued operations in 2013 and 2012, respectively.
[2]	Reflected within bEquity in loss of unconsolidated joint ventures, netb in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the Companybs proportionate share of property-level impairment charges recorded at its unconsolidated joint ventures.
[3]	Included in bEquity in loss of unconsolidated joint ventures, netb in the accompanying consolidated statements of operations and other comprehensive income (loss), and represents the aggregate impairment charge recorded to write down the Companybs investment in its Hampton Retail Colorado, L.L.C. (Hampton) joint venture, which was dissolved during 2013. See Note 11 for further discussion.
[4]	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessor. The amortization of acquired above and below market lease intangibles is recorded as an adjustment to rental income and the amortization of acquired in-place lease value intangibles is recorded to depreciation and amortization expense.
[5]	Acquired lease intangible assets, net and acquired lease intangible liabilities, net are presented net of $302,110 and $45,479 of accumulated amortization, respectively, as of DecemberB 31, 2014.
[6]	Represents the portion of the purchase price with respect to acquired leases in which the Company is the lessee. The amortization is recorded as an adjustment to property operating expenses.

Acquisitions_Summary_of_Acquis

Acquisitions - Summary of Acquisitions (Details) (USD $)

3 Months Ended

12 Months Ended

0 Months Ended

2 Months Ended

In Thousands, unless otherwise specified

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 30, 2014

Nov. 20, 2014

Jun. 23, 2014

Jun. 05, 2014

Feb. 27, 2014

Nov. 13, 2013

Nov. 06, 2013

Oct. 01, 2013

Feb. 18, 2015

sqft

Acquisitions

Gain on change in control of investment properties

$24,158

$5,435

$0

Total revenues

153,531

[1]

151,446

[1]

146,446

[1]

149,191

[1]

150,689

[1]

136,198

[1]

132,418

[1]

132,203

[1]

600,614

551,508

531,171

Net income attributable to common shareholders

23,502

-29,098

27,680

11,766

34,724

-39,914

13,608

-4,242

33,850

4,176

-710

Parcel at Lakewood Towne Center

Acquisitions

Square footage

44,000

Acquisition price

5,750

Parcel at Lakewood Towne Center | Ownership percentage - pro rata

Acquisitions

Acquisition price

5,750

Avondale Plaza

Acquisitions

Square footage

39,000

Acquisition price

15,070

Avondale Plaza | Ownership percentage - pro rata

Acquisitions

Acquisition price

15,070

Outparcel at Southlake Town Square

Acquisitions

Square footage

8,500

Acquisition price

6,369

[2]

Outparcel at Southlake Town Square | Ownership percentage - pro rata

Acquisitions

Acquisition price

6,369

MS Inland acquisitions

Acquisitions

Square footage

1,194,800

Acquisition price

292,500

[3]

Acquisition date fair values:

Percentage of net assets

100.00%

MS Inland acquisitions | Ownership percentage - pro rata

Acquisitions

Acquisition price

234,000

MS Inland acquisitions | MS Inland joint venture partner

Acquisitions

Acquisition price

234,000

Ownership interest in joint venture acquired by the Company

80.00%

MS Inland acquisitions | MS Inland

Acquisitions

Number of real estate properties acquired

6

Cash consideration

120,600

Gain on change in control of investment properties

24,158

Equity interest before acquisition (as a percent)

20.00%

MS Inland acquisitions | MS Inland | Ownership percentage - 100%

Acquisitions

Acquisition price

292,500

In-place mortgage financing assumed

141,698

Acquisition date fair values:

Mortgages payable

-141,698

Bed Bath & Beyond Plaza

Acquisitions

Square footage

0

Acquisition price

10,350

[4]

Write-off of straight line ground rent liability

4,258

Bed Bath & Beyond Plaza | Ownership percentage - pro rata

Acquisitions

Acquisition price

10,350

Heritage Square

Acquisitions

Square footage

53,100

Acquisition price

18,022

Heritage Square | Ownership percentage - pro rata

Acquisitions

Acquisition price

18,022

2014 acquisitions

Acquisitions

Square footage

1,339,400

1,339,400

Acquisition price

348,061

In-place mortgage financing assumed

146,485

[5]

146,485

[5]

Transaction costs

2,271

Total revenues

55,303

Net income attributable to common shareholders

6,733

Acquisition date fair values:

Land

118,732

118,732

Building and other improvements

219,174

219,174

Acquired lease intangible assets

35,520

[6]

35,520

[6]

Acquired lease intangible liabilities

-20,578

[7]

-20,578

[7]

Mortgages payable

-146,485

[5]

-146,485

[5]

Net assets acquired

206,363

[8]

206,363

[8]

Weighted average amortization period, acquired lease intangible assets

8 years

Weighted average amortization period, acquired lease intangible liabilities

16 years

Mortgage premium

4,787

4,787

2014 acquisitions | Ownership percentage - pro rata

Acquisitions

Acquisition price

289,561

Fordham Place

Acquisitions

Square footage

262,000

Acquisition price

133,900

Fordham Place | Ownership percentage - pro rata

Acquisitions

Acquisition price

133,900

Pelham Manor Shopping Plaza

Acquisitions

Square footage

228,000

Acquisition price

58,530

Pelham Manor Shopping Plaza | Ownership percentage - pro rata

Acquisitions

Acquisition price

58,530

RioCan acquisitions

Acquisitions

Square footage

598,100

Acquisition price

124,783

[9]

Acquisition date fair values:

Percentage of net assets

100.00%

RioCan acquisitions | Ownership percentage - pro rata

Acquisitions

Acquisition price

99,826

RioCan acquisitions | RioCan joint venture partner

Acquisitions

Acquisition price

99,900

Ownership interest in joint venture acquired by the Company

80.00%

RioCan acquisitions | RioCan

Acquisitions

Number of real estate properties acquired

5

Cash consideration

45,500

Gain on change in control of investment properties

5,435

Equity interest before acquisition (as a percent)

20.00%

RioCan acquisitions | RioCan | Ownership percentage - 100%

Acquisitions

Acquisition price

124,800

In-place mortgage financing assumed

67,900

Acquisition date fair values:

Mortgages payable

-67,900

2013 acquisitions

Acquisitions

Square footage

1,088,100

1,088,100

Acquisition price

317,213

In-place mortgage financing assumed

69,177

[5]

69,177

[5]

Transaction costs

937

Total revenues

6,390

Net income attributable to common shareholders

597

Acquisition date fair values:

Land

60,307

60,307

Building and other improvements

238,388

238,388

Acquired lease intangible assets

46,357

[6]

46,357

[6]

Acquired lease intangible liabilities

-26,525

[7]

-26,525

[7]

Mortgages payable

-69,177

[5]

-69,177

[5]

Net assets acquired

249,350

[8]

249,350

[8]

Weighted average amortization period, acquired lease intangible assets

12 years

Weighted average amortization period, acquired lease intangible liabilities

23 years

Mortgage premium

1,313

1,313

2013 acquisitions | Ownership percentage - pro rata

Acquisitions

Acquisition price

292,256

2012 acquisitions

Acquisitions

Transaction costs

0

Total revenues

0

Net income attributable to common shareholders

0

Downtown Crown | Subsequent events

Acquisitions

Square footage

258,000

Acquisition price

162,785

Merrifield Town Center | Subsequent events

Acquisitions

Square footage

85,000

Acquisition price

56,500

Fort Evans Plaza II | Subsequent events

Acquisitions

Square footage

229,000

Acquisition price

$65,000

[1]

Unaudited quarterly bTotal revenuesb reflects the reclassification of a portion of amounts previously included in bLoss on lease terminationsb on the Companybs accompanying consolidated statements of operations and other comprehensive income (loss). The portion of loss on lease terminations reclassified as an increase to rental income was $44, $140 and $403 for the quarterly periods ended September 30, June 30 and March 31, 2014, respectively. The portion of loss on lease terminations reclassified as a (decrease) or increase to rental income was $(27), $72, $98 and $142 for the quarterly periods ended December 31, September 30, June 30 and March 31, 2013, respectively.

[2]

The Company acquired a single-user outparcel located at its Southlake Town Square multi-tenant retail operating property that was subject to a ground lease with the Company prior to the transaction.

[3]

As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in MS Inland Fund, LLC (MS Inland) by acquiring its partnerbs 80% ownership interest in the six multi-tenant retail properties owned by the joint venture (collectively, the MS Inland acquisitions). The Company paid total cash consideration of approximately $120,600 before transaction costs and prorations and after assumption of the joint venturebs in-place mortgage financing on those properties of $141,698. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $24,158 as a result of remeasuring the carrying value of its 20% interest in the six acquired properties to fair value. Such gain is presented as bGain on change in control of investment propertiesb in the accompanying consolidated statements of operations and other comprehensive income (loss).

[4]

The Company acquired the fee interest in an existing wholly-owned multi-tenant retail operating property located in Miami, Florida, which was previously subject to a ground lease with a third party. In conjunction with this transaction, the Company reversed a straight-line ground rent liability of $4,258, which is presented in bGain on extinguishment of other liabilitiesb in the accompanying consolidated statements of operations and other comprehensive income (loss).

[5]

Includes mortgage premium of $4,787 and $1,313 for acquisitions completed during the years ended DecemberB 31, 2014 and 2013, respectively.

[6]

The weighted average amortization period for acquired lease intangible assets is eight years and 12 years for acquisitions completed during the years ended DecemberB 31, 2014 and 2013, respectively.

[7]

The weighted average amortization period for acquired lease intangible liabilities is 16 years and 23 years for acquisitions completed during the years ended DecemberB 31, 2014 and 2013, respectively.

[8]

Net assets attributable to the MS Inland and RioCan acquisitions are presented at 100%.

[9]

As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan) and acquired its partnerbs 80% ownership interest in five multi-tenant retail properties owned by the joint venture (collectively, the RioCan acquisitions). The Company paid total cash consideration of approximately $45,500 before transaction costs and prorations and after assumption of its partnerbs 80% interest of the joint venturebs $67,900 in-place mortgage financing on those properties. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $5,435 as a result of remeasuring the carrying value of its 20% interest in the five acquired properties to fair value. Such gain is presented as bGain on change in control of investment propertiesb in the accompanying consolidated statements of operations and other comprehensive income (loss).

Acquisitions_Condensed_Pro_For

Acquisitions - Condensed Pro Forma Financial Information (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Unaudited Condensed Pro Forma Financial Information
Total revenues	$630,067	$605,708	$565,053
Net income	15,583	24,964	6,902
Net income attributable to common shareholders	$6,133	$15,514	$6,639
Earnings per common share b basic and diluted
Net income per common share attributable to common shareholders	$0.03	$0.07	$0.03
Weighted average number of common shares outstanding b basic	236,184	234,134	220,464

Dispositions_Summary_of_Dispos

Dispositions - Summary of Dispositions (Details) (USD $)

12 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

In Thousands, unless otherwise specified

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 22, 2014

Dec. 16, 2014

Dec. 04, 2014

Nov. 24, 2014

Nov. 05, 2014

Oct. 31, 2014

Oct. 29, 2014

Oct. 20, 2014

Oct. 02, 2014

Aug. 27, 2014

Aug. 26, 2014

Aug. 19, 2014

Aug. 15, 2014

Aug. 01, 2014

16-May-14

Dec. 31, 2014

Jun. 30, 2014

Apr. 01, 2014

Mar. 11, 2014

Dec. 05, 2014

property

property

property

third_party

property

sqft

sqft

Dispositions

Aggregate proceeds, net

$315,400

$326,766

$453,320

Gain

42,851

47,085

37,984

Number of real estate properties sold

24

20

31

Sold properties

Dispositions

Square footage

2,490,100

2,490,100

Consideration

322,989

322,989

Aggregate proceeds, net

314,377

[1]

Gain

42,545

[1]

Mortgages payable repaid or defeased

128,947

Continuing operations

Dispositions

Condemnation proceeds

324

Continuing operations | Sold properties

Dispositions

Square footage

2,425,800

2,425,800

Consideration

313,720

313,720

Aggregate proceeds, net

305,173

Gain

41,890

Newburgh Crossing | Continuing operations | Sold properties

Dispositions

Square footage

62,900

Consideration

10,000

Aggregate proceeds, net

9,770

Gain

0

Diebold Warehouse | Continuing operations | Sold properties

Dispositions

Square footage

158,700

Consideration

11,500

Aggregate proceeds, net

10,752

Gain

2,879

Plaza at Riverlakes | Continuing operations | Sold properties

Dispositions

Square footage

102,800

Consideration

17,350

Aggregate proceeds, net

17,021

Gain

4,127

Mission Crossing | Continuing operations | Sold properties

Dispositions

Square footage

178,200

Consideration

24,250

[2]

Aggregate proceeds, net

23,545

Gain

5,936

Number of transactions with third parties

2

Crockett Square | Continuing operations | Sold properties

Dispositions

Square footage

107,100

Consideration

9,750

Aggregate proceeds, net

9,565

Gain

822

The Market at Clifty Crossing | Continuing operations | Sold properties

Dispositions

Square footage

175,900

Consideration

19,150

Aggregate proceeds, net

18,883

Gain

5,292

Shoppes at Stroud | Continuing operations | Sold properties

Dispositions

Square footage

136,400

Consideration

26,850

Aggregate proceeds, net

26,466

Gain

485

Drug Store Portfolio | Continuing operations | Sold properties

Dispositions

Square footage

65,400

Consideration

24,400

[3]

Aggregate proceeds, net

23,846

Gain

6,362

Number of real estate properties sold

5

Gloucester Town Center | Continuing operations | Sold properties

Dispositions

Square footage

107,200

Consideration

10,350

Aggregate proceeds, net

9,722

Gain

0

Four Peaks Plaza | Continuing operations | Sold properties

Dispositions

Square footage

140,400

Consideration

9,900

Aggregate proceeds, net

9,381

Gain

0

Crossroads Plaza CVS | Continuing operations | Sold properties

Dispositions

Square footage

16,000

Consideration

7,650

Aggregate proceeds, net

7,411

Gain

2,863

Greenwich Center | Continuing operations | Sold properties

Dispositions

Square footage

182,600

Consideration

22,700

Aggregate proceeds, net

21,977

Gain

5,871

Boston Commons | Continuing operations | Sold properties

Dispositions

Square footage

103,400

Consideration

9,820

Aggregate proceeds, net

9,586

Gain

0

Fisher Scientific | Continuing operations | Sold properties

Dispositions

Square footage

114,700

Consideration

14,000

Aggregate proceeds, net

13,715

Gain

3,732

Stanley Works/Mac Tools | Continuing operations | Sold properties

Dispositions

Square footage

72,500

Consideration

10,350

Aggregate proceeds, net

10,184

Gain

1,375

Battle Ridge Pavilion | Continuing operations | Sold properties

Dispositions

Square footage

103,500

Consideration

14,100

Aggregate proceeds, net

13,722

Gain

1,327

Beachway Plaza and Cornerstone Plaza | Continuing operations | Sold properties

Dispositions

Square footage

189,600

Consideration

24,450

Aggregate proceeds, net

23,584

Gain

819

[4]

292

527

Midtown Center | Continuing operations | Sold properties

Dispositions

Square footage

408,500

Consideration

47,150

Aggregate proceeds, net

46,043

Gain

0

Riverpark Phase IIA | Discontinued operations | Sold properties

Dispositions

Square footage

64,300

Consideration

9,269

Aggregate proceeds, net

9,204

Gain

655

Mission Crossing - multi-tenant retail portion | Continuing operations | Sold properties

Dispositions

Square footage

163,400

Consideration

17,250

Mission Crossing - Walgreens | Continuing operations | Sold properties

Dispositions

Square footage

14,800

Consideration

7,000

Harvest Towne Center - Taco Bell outparcel | Continuing operations | Sold properties

Dispositions

Consideration

700

Aggregate proceeds, net

699

Gain

$306

Number of real estate properties

1

[1]

Aggregate proceeds are net of transaction costs and exclude $324 of condemnation proceeds, which did not result in any additional gain recognition.

[2]

The disposition of Mission Crossing was executed in two separate transactions for a total sales price of $24,250. The 163,400 square foot multi-tenant retail property, excluding the Walgreens outparcel, was sold for $17,250 to a third party and the 14,800 square foot Walgreens outparcel was sold for $7,000 to a different third party.

[3]

The Company sold a portfolio of five drug stores located in Pennsylvania, Wisconsin and Alabama in a single transaction.

[4]

The terms of the disposition of Beachway Plaza and Cornerstone Plaza were negotiated as a single transaction. The Company recognized a gain on sale of $527 during the second quarter of 2014 and an additional gain of $292 during the fourth quarter of 2014 that was deferred at disposition.

Dispositions_Assets_and_Liabil

Dispositions - Assets and Liabilities of Properties Classified as Held for Sale (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets
Assets associated with investment properties held for sale	$33,640	$8,616
Liabilities
Liabilities associated with investment properties held for sale	8,203	6,603
Investment properties held for sale
Assets
Land, building and other improvements	36,020	10,285
Accumulated depreciation	-5,358	-2,206
Net investment properties	30,662	8,079
Other assets	2,978	537
Assets associated with investment properties held for sale	33,640	8,616
Liabilities
Mortgages payable	8,075	6,435
Other liabilities	128	168
Liabilities associated with investment properties held for sale	$8,203	$6,603
Promenade at Red Cliff | Investment properties held for sale
Investment Properties Held for Sale
Square footage	94,500
Aon Hewitt East Campus | Investment properties held for sale
Investment Properties Held for Sale
Square footage	343,000

Dispositions_Results_of_Operat

Dispositions - Results of Operations of Properties Accounted for as Discontinued Operations (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Rental income	($123)	$24,448	$55,507
Tenant recovery income	144	5,142	7,284
Other property income	23	7,571	1,544
Total revenues	44	37,161	64,335
Expenses:
Property operating expenses	121	4,802	7,941
Real estate taxes	3	5,664	8,209
Depreciation and amortization	0	11,075	27,468
Provision for impairment of investment properties	0	32,547	24,519
Gain on extinguishment of debt	0	-26,331	0
Gain on extinguishment of other liabilities	0	-3,511	0
Interest expense	68	3,632	20,256
Other (income) expense, net	0	-113	5
Total expenses	192	27,765	88,398
(Loss) income from discontinued operations, net	($148)	$9,396	($24,063)

Compensation_Plans_Unvested_Re

Compensation Plans - Unvested Restricted Shares (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Unvested Restricted Shares
Balance at the end of the period (in shares)	396		152		46
Restricted shares
Compensation Plans
Serial vesting on each of the third and fifth anniversaries from the grant date (as a percent)			50.00%		50.00%
Serial vesting, first vesting year from anniversary of grant date			3 years		3 years
Serial vesting, second vesting year from anniversary of grant date			5 years		5 years
Vesting period for shares granted			3 years
Compensation expense	$3,417		$455		$211
Additional compensation expense			113
Number of restricted shares in which vesting was accelerated			9
Fair value of shares vested	840		139
Unvested Restricted Shares
Balance at the beginning of the period (in shares)	152		46		14
Shares granted (in shares)	303	[1]	116	[2]	32	[2]
Shares vested (in shares)	-58		-9		0
Shares forfeited (in shares)	-1		-1		0
Balance at the end of the period (in shares)	396		152		46
Weighted Average Grant Date Fair Value per Restricted Share
Balance at the beginning of the period (in dollars per share)	$15.11		$17.30		$17.13
Shares granted (in dollars per share)	$13.89		$14.27		$17.38
Shares vested (in dollars per share)	$14.50		$15.53		$0
Shares forfeited (in dollars per share)	$15.61		$15.61		$0
Balance at the end of the period (in dollars per share)	$14.26		$15.11		$17.30
Compensation Cost Not Yet Recognized
Total unrecognized compensation expense	$2,126
Unrecognized compensation expense, period for recognition (in years)	1 year
Restricted shares | Minimum
Compensation Plans
Vesting period for shares granted	1 year
Restricted shares | Maximum
Compensation Plans
Vesting period for shares granted	3 years
[1]	Shares granted in 2014 vest ratably over periods ranging from one to three years in accordance with the terms of applicable award documents.
[2]	Of the shares granted to the Companybs executives in 2012 and 2013, 50% vest on each of the third and fifth anniversaries of the grant date. Shares granted to Company employees in 2013 vest ratably over three years and shares granted to the Companybs non-employee directors vested on May 22, 2014, the date of the annual stockholder meeting.

Compensation_Plans_Stock_Optio

Compensation Plans - Stock Options (Details) (Stock options, USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock options
Compensation Plans
Compensation expense	$3	$24	$49
Options, Additional Disclosures
Options granted (in shares)	84	84
Options exercised (in shares)	3	1
Options expired (in shares)	6	5
Options forfeited (in shares)	11
Black-Scholes option pricing model
Expected dividend yield			5.66%
Expected volatility rate			21.65%
Expected life (in years)			5 years
Risk-free interest rate			0.67%
Grant date fair value per share			$0.92

Leases_Details

Leases (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
	property
Leases [Abstract]
Taxes remitted to governmental authorities and reimbursed by tenants	$1,985		$1,791		$1,794
Number of properties classified as held for sale	2
Remaining lease term, low end of range	1 year
Remaining lease term, high end of range	45 years
Minimum lease payments to be received under operating leases
Minimum lease payments, 2015	447,535
Minimum lease payments, 2016	408,877
Minimum lease payments, 2017	357,000
Minimum lease payments, 2018	310,505
Minimum lease payments, 2019	242,518
Minimum lease payments, thereafter	821,430
Total minimum lease payments	2,587,865	[1]
Rent expenses
Ground lease rent expense	11,676	[2]	9,758	[2]	9,217	[2]
Office rent expense	1,210	[3]	962	[3]	846	[3]
Straight-line ground rent expense	3,889		3,486		3,251
Minimum future rental obligations to be paid under ground and office leases
Minimum lease obligations, 2015	8,440
Minimum lease obligations, 2016	8,293
Minimum lease obligations, 2017	8,362
Minimum lease obligations, 2018	8,428
Minimum lease obligations, 2019	8,773
Minimum lease obligations, thereafter	519,964
Total minimum lease obligations	$562,260
[1]	Excludes minimum lease payments related to two investment properties classified as held for sale as of DecemberB 31, 2014.
[2]	Included in bProperty operating expensesb in the accompanying consolidated statements of operations and other comprehensive income (loss). Excludes amounts attributable to discontinued operations, but includes straight-line ground rent expense of $3,889, $3,486 and $3,251 for the years ended December 31, 2014, 2013 and 2012, respectively.
[3]	Office rent expense related to property management operations is included in bProperty operating expensesb and office rent expense related to corporate office operations is included in bGeneral and administrative expensesb in the accompanying consolidated statements of operations and other comprehensive income (loss).

Mortgages_Payable_Summary_Deta

Mortgages Payable - Summary (Details) (USD $)	12 Months Ended		0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2014		Dec. 31, 2013		Jun. 05, 2014
	property
Mortgages Payable
Total debt	$2,330,963	[1]	$2,330,963	[1]
Weighted average interest rate (as a percent)	5.03%		5.03%
MS Inland | MS Inland acquisitions
Mortgages Payable
Weighted average interest rate (as a percent)							4.79%
MS Inland | MS Inland acquisitions | Ownership percentage - 100%
Mortgages Payable
Weighted average interest rate (as a percent)							4.79%
In-place mortgage financing assumed							141,698
Weighted average | Debt repaid
Mortgages Payable
Fixed interest rate (as a percent)	6.08%		6.08%
Fixed rate debt
Mortgages Payable
Total debt	2,166,063		2,166,063
Weighted average interest rate (as a percent)	5.28%		5.28%
Variable rate debt
Mortgages Payable
Total debt	164,900		164,900
Weighted average interest rate (as a percent)	1.69%		1.69%
Mortgages payable
Mortgages Payable
Variable rate debt swapped to fixed rate debt	8,124		8,124		8,337
Mortgages payable repaid and defeased	179,465
Repayment of mortgages payable from condemnation proceeds	55
Scheduled principal payments related to amortizing loans	17,554		17,554
Number of properties held for sale with mortgages payable	1		1
Mortgages payable | Fixed rate debt
Mortgages Payable
Total debt	1,616,063	[2],[3]	1,616,063	[2],[3]	1,673,080	[2]
Weighted average interest rate (as a percent)	6.03%		6.03%		6.15%
Weighted average years to maturity			4 years		4 years 11 months
Mortgages payable associated with investment properties held for sale	8,075		8,075		6,435
Mortgages payable | Fixed rate debt | Minimum
Mortgages Payable
Fixed interest rate (as a percent)	3.35%		3.35%		3.50%
Mortgages payable | Fixed rate debt | Maximum
Mortgages Payable
Fixed interest rate (as a percent)	8.00%		8.00%		8.00%
Construction loan | Variable rate debt
Mortgages Payable
Total debt	14,900		14,900		11,359
Variable interest rate (as a percent)	2.44%	[4]	2.44%	[4]	2.44%	[4]
Weighted average years to maturity			10 months		10 months
Variable interest rate spread (as a percent)	2.25%
Secured debt
Mortgages Payable
Total debt	1,630,963		1,630,963		1,684,439
Premium, net of accumulated amortization	3,972		3,972		1,175
Discount, net of accumulated amortization	-470		-470		-981
Mortgages payable, net	1,634,465		1,634,465		1,684,633
Weighted average interest rate (as a percent)	5.99%		5.99%		6.13%
Weighted average years to maturity			3 years 10 months 24 days		4 years 11 months
Amount of mortgage and construction loans guaranteed	7,991		7,991
IW JV 2009 LLC
Mortgages Payable
Mortgages payable associated with investment properties held for sale	8,075		8,075
Cross-collateralized mortgage loan balance	$462,896		$462,896
Number of properties held for sale with mortgages payable	1		1
Number of properties in cross-collateralized mortgage	54		54
[1]	As of DecemberB 31, 2014, the weighted average years to maturity of consolidated indebtedness was 4.3 years.
[2]	Includes $8,124 and $8,337 of variable rate mortgage debt that was swapped to a fixed rate as of DecemberB 31, 2014 and 2013, respectively, and excludes mortgages payable of $8,075 and $6,435 associated with investment properties classified as held for sale as of DecemberB 31, 2014 and 2013, respectively. The fixed rate mortgages had interest rates ranging from 3.35% to 8.00% and 3.50% to 8.00% as of DecemberB 31, 2014 and 2013, respectively.
[3]	Includes $8,124 of variable rate mortgage debt that was swapped to a fixed rate as of DecemberB 31, 2014. Excludes mortgage premium of $3,972 and discount of $(470), net of accumulated amortization, which was outstanding as of DecemberB 31, 2014 and a mortgage payable of $8,075 associated with one investment property classified as held for sale as of DecemberB 31, 2014.
[4]	The variable rate construction loan bears interest at a floating rate of London Interbank Offered Rate (LIBOR) plus 2.25%.

Mortgages_Payable_Scheduled_De

Mortgages Payable - Scheduled Debt Maturities (Details) (USD $)	0 Months Ended				12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2014
Debt Maturities
2015	$391,559				391,559
2016	67,736				67,736
2017	321,126				321,126
2018	462,414				462,414
2019	502,882				502,882
Thereafter	585,246				585,246
Total	2,330,963	[1]			2,330,963	[1]
Weighted average interest rate on debt (as a percent)
2015	5.47%				5.47%
2016	5.06%				5.06%
2017	5.53%				5.53%
2018	2.00%				2.00%
2019	7.50%				7.50%
Thereafter	4.72%				4.72%
Total	5.03%				5.03%
Fixed rate debt
Debt Maturities
2015	376,659				376,659
2016	67,736				67,736
2017	321,126				321,126
2018	312,414				312,414
2019	502,882				502,882
Thereafter	585,246				585,246
Total	2,166,063				2,166,063
Weighted average interest rate on debt (as a percent)
2015	5.59%				5.59%
2016	5.06%				5.06%
2017	5.53%				5.53%
2018	2.18%				2.18%
2019	7.50%				7.50%
Thereafter	4.72%				4.72%
Total	5.28%				5.28%
Variable rate debt
Debt Maturities
2015	14,900				14,900
2016	0				0
2017	0				0
2018	150,000				150,000
2019	0				0
Thereafter	0				0
Total	164,900				164,900
Weighted average interest rate on debt (as a percent)
2015	2.44%				2.44%
2016	0.00%				0.00%
2017	0.00%				0.00%
2018	1.62%				1.62%
2019	0.00%				0.00%
Thereafter	0.00%				0.00%
Total	1.69%				1.69%
Mortgages payable
Weighted average interest rate on debt (as a percent)
Variable rate debt swapped to fixed rate debt	8,124		8,337		8,124
Number of properties held for sale with mortgages payable	1				1
Mortgages payable | Fixed rate debt
Debt Maturities
2015	376,659				376,659
2016	67,736				67,736
2017	321,126				321,126
2018	12,414				12,414
2019	502,882				502,882
Thereafter	335,246				335,246
Total	1,616,063	[2],[3]	1,673,080	[3]	1,616,063	[2],[3]
Weighted average interest rate on debt (as a percent)
Total	6.03%		6.15%		6.03%
Mortgages payable associated with investment properties held for sale	8,075		6,435		8,075
Weighted average years to maturity	4 years		4 years 11 months
Unsecured credit facility
Weighted average interest rate on debt (as a percent)
Variable rate debt swapped to fixed rate debt	300,000				300,000
Fixed interest rate (as a percent)	0.54%				0.54%
Unsecured credit facility | LIBOR
Weighted average interest rate on debt (as a percent)
Reference rate for variable interest rate					one-month floating rate LIBOR
Unsecured credit facility | Fixed rate debt
Debt Maturities
2015	0				0
2016	0				0
2017	0				0
2018	300,000				300,000
2019	0				0
Thereafter	0				0
Total	300,000	[4]			300,000	[4]
Unsecured credit facility | Variable rate debt
Debt Maturities
2015	0				0
2016	0				0
2017	0				0
2018	150,000				150,000
2019	0				0
Thereafter	0				0
Total	150,000				150,000
Unsecured notes payable | Fixed rate debt
Debt Maturities
2015	0				0
2016	0				0
2017	0				0
2018	0				0
2019	0				0
Thereafter	250,000				250,000
Total	250,000				250,000
Construction loan | Variable rate debt
Debt Maturities
2015	14,900				14,900
2016	0				0
2017	0				0
2018	0				0
2019	0				0
Thereafter	0				0
Total	14,900		11,359		14,900
Weighted average interest rate on debt (as a percent)
Weighted average years to maturity	10 months		10 months
Secured debt
Debt Maturities
Total	1,630,963		1,684,439		1,630,963
Weighted average interest rate on debt (as a percent)
Total	5.99%		6.13%		5.99%
Premium, net of accumulated amortization	3,972		1,175		3,972
Discount, net of accumulated amortization	($470)		($981)		-470
Weighted average years to maturity	3 years 10 months 24 days		4 years 11 months
Consolidated indebtedness
Weighted average interest rate on debt (as a percent)
Weighted average years to maturity	4 years 4 months
[1]	As of DecemberB 31, 2014, the weighted average years to maturity of consolidated indebtedness was 4.3 years.
[2]	Includes $8,124 of variable rate mortgage debt that was swapped to a fixed rate as of DecemberB 31, 2014. Excludes mortgage premium of $3,972 and discount of $(470), net of accumulated amortization, which was outstanding as of DecemberB 31, 2014 and a mortgage payable of $8,075 associated with one investment property classified as held for sale as of DecemberB 31, 2014.
[3]	Includes $8,124 and $8,337 of variable rate mortgage debt that was swapped to a fixed rate as of DecemberB 31, 2014 and 2013, respectively, and excludes mortgages payable of $8,075 and $6,435 associated with investment properties classified as held for sale as of DecemberB 31, 2014 and 2013, respectively. The fixed rate mortgages had interest rates ranging from 3.35% to 8.00% and 3.50% to 8.00% as of DecemberB 31, 2014 and 2013, respectively.
[4]	$300,000 of LIBOR-based variable rate debt has been swapped to a fixed rate through February 24, 2016. The swap effectively converts one-month floating rate LIBOR to a fixed rate of 0.53875% over the term of the swap.

Unsecured_Notes_Payable_Detail

Unsecured Notes Payable (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Unsecured Notes Payable
Principal balance	$250,000	$250,000	$0
Senior Notes Due 2021
Unsecured Notes Payable
Principal balance	100,000
Stated interest rate (as a percent)	4.12%
Senior Notes Due 2024
Unsecured Notes Payable
Principal balance	150,000
Stated interest rate (as a percent)	4.58%
Senior Notes
Unsecured Notes Payable
Principal balance	$250,000
Weighted average interest rate (as a percent)	4.40%

Credit_Facility_Details

Credit Facility (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		13-May-13
	credit_rating
Line of Credit Facility
Amount borrowed	0		165,000
Investment grade rated
Line of Credit Facility
Number of investment grade credit ratings	2
Unsecured credit facility
Line of Credit Facility
Amount borrowed	450,000		615,000
Unsecured credit facility | Weighted average
Line of Credit Facility
Interest rate (as a percent)	1.87%		1.81%
Unsecured revolving line of credit | Minimum
Line of Credit Facility
Quarterly unused fees (as a percent)	0.25%
Unsecured revolving line of credit | Maximum
Line of Credit Facility
Quarterly unused fees (as a percent)	0.30%
Unsecured revolving line of credit | Variable rate debt
Line of Credit Facility
Amount borrowed	0	[1]	165,000	[1]
Interest rate (as a percent)	1.67%		1.67%
Unsecured revolving line of credit | LIBOR
Line of Credit Facility
Reference rate for variable interest rate	LIBOR
Unsecured revolving line of credit | LIBOR | Minimum
Line of Credit Facility
Variable interest rate spread (as a percent)	1.50%
Unsecured revolving line of credit | LIBOR | Maximum
Line of Credit Facility
Variable interest rate spread (as a percent)	2.05%
Unsecured revolving line of credit | Investment grade rated | Minimum
Line of Credit Facility
Facility fee (as a percent)	0.15%
Unsecured revolving line of credit | Investment grade rated | Maximum
Line of Credit Facility
Facility fee (as a percent)	0.35%
Unsecured revolving line of credit | Investment grade rated | LIBOR
Line of Credit Facility
Reference rate for variable interest rate	LIBOR
Unsecured revolving line of credit | Investment grade rated | LIBOR | Minimum
Line of Credit Facility
Variable interest rate spread (as a percent)	0.90%
Unsecured revolving line of credit | Investment grade rated | LIBOR | Maximum
Line of Credit Facility
Variable interest rate spread (as a percent)	1.70%
Unsecured term loan
Line of Credit Facility
Variable interest rate spread (as a percent)	1.45%		1.45%
Variable rate debt swapped to fixed rate debt	300,000
Fixed interest rate (as a percent)	0.54%
Unsecured term loan | Minimum
Line of Credit Facility
Variable interest rate spread (as a percent)	1.45%
Unsecured term loan | Maximum
Line of Credit Facility
Variable interest rate spread (as a percent)	2.00%
Unsecured term loan | Fixed rate debt
Line of Credit Facility
Amount borrowed	300,000	[2]	300,000	[2]
Interest rate (as a percent)	1.99%		1.99%
Unsecured term loan | Variable rate debt
Line of Credit Facility
Amount borrowed	150,000		150,000
Interest rate (as a percent)	1.62%		1.62%
Unsecured term loan | LIBOR
Line of Credit Facility
Reference rate for variable interest rate	LIBOR
Unsecured term loan | LIBOR | Minimum
Line of Credit Facility
Variable interest rate spread (as a percent)	1.45%
Unsecured term loan | LIBOR | Maximum
Line of Credit Facility
Variable interest rate spread (as a percent)	2.00%
Unsecured term loan | Investment grade rated | LIBOR
Line of Credit Facility
Reference rate for variable interest rate	LIBOR
Unsecured term loan | Investment grade rated | LIBOR | Minimum
Line of Credit Facility
Variable interest rate spread (as a percent)	1.05%
Unsecured term loan | Investment grade rated | LIBOR | Maximum
Line of Credit Facility
Variable interest rate spread (as a percent)	2.05%
KeyBank and Wells Fargo Syndicate | Unsecured credit facility
Line of Credit Facility
Aggregate borrowing capacity					1,000,000
Maximum borrowing capacity					1,450,000
KeyBank and Wells Fargo Syndicate | Unsecured revolving line of credit
Line of Credit Facility
Aggregate borrowing capacity					550,000
Period of extension of maturity (in years)	1 year
Extension fee as a percentage of commitment amount					0.15%
KeyBank and Wells Fargo Syndicate | Unsecured term loan
Line of Credit Facility
Principal amount					$450,000
[1]	The Company has a one year extension option on the unsecured revolving line of credit, which it may exercise as long as it is in compliance with the terms of the unsecured credit agreement and it pays an extension fee equal to 0.15% of the commitment amount being extended.
[2]	$300,000 of the term loan has been swapped to a fixed rate of 0.53875% plus a margin based on a leverage grid ranging from 1.45% to 2.00% through February 24, 2016. The applicable margin was 1.45% as of DecemberB 31, 2014 and 2013.

Derivatives_Interest_Rate_Swap

Derivatives - Interest Rate Swaps Designated as Cash Flow Hedges (Details) (Interest rate swaps, Cash flow hedges, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
	instrument	instrument
Interest rate swaps | Cash flow hedges
Interest Rate Derivatives
Number of instruments	2	2
Notional	$308,124	$308,337
Derivatives
Number of interest rate swaps utilized to hedge variable cash flows	2	2
Amount of gain (loss) on cash flow hedges expected to be reclassified to interest expense in next 12 months	$631

Derivatives_Estimated_Fair_Val

Derivatives - Estimated Fair Value (Details) (Interest rate swaps, Cash flow hedges, USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Interest rate swaps | Cash flow hedges
Fair Value of Derivative Financial Instruments
Fair value of derivatives	$562	$751

Derivatives_Effect_on_Statemen

Derivatives - Effect on Statements of Operations (Details) (Interest rate swaps, Cash flow hedges, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Interest rate swaps | Cash flow hedges
(Gain) Loss on Derivative Instruments
Amount of loss recognized in other comprehensive income on derivative (effective portion)	$981	$1,444
Amount of loss reclassified from AOCI into income (effective portion)	1,182	1,960
Amount of loss (gain) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing)	12	-912
Credit-risk-related Contingent Features
Termination value of derivative in liability position	581
Termination value of derivative agreements	$581

Investment_in_Unconsolidated_J2

Investment in Unconsolidated Joint Ventures - Summary (Details) (USD $)	12 Months Ended					0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012	Jun. 05, 2014	Dec. 01, 2014	Sep. 30, 2013
						property	third_party
Equity Method Investments
Investment in unconsolidated joint ventures	$0		$15,776
Percent of combined condensed financial information	100.00%
Profits, Losses and Capital Activity
Company's share of net income (loss)	-2,203		472		-6,420
Net cash distributions from/(contributions to) joint ventures	1,335		-1,673		9,750
Fees earned by the Company	338		2,508		2,963
Amortization of basis differences in joint venture properties	115		116		113
MS Inland Fund, LLC
Equity Method Investments
Ownership interest of unconsolidated joint ventures (as a percent)	0.00%		20.00%
Investment in unconsolidated joint ventures	0	[1]	6,915
Profits, Losses and Capital Activity
Company's share of net income (loss)	241	[2]	661		18
Net cash distributions from/(contributions to) joint ventures	1,360		2,369		1,992
Fees earned by the Company	338		859		851
MS Inland Fund, LLC | MS Inland acquisitions
Equity Method Investments
Number of real estate properties acquired						6
Oak Property and Casualty LLC
Equity Method Investments
Ownership interest of unconsolidated joint ventures (as a percent)	0.00%		20.00%
Investment in unconsolidated joint ventures	0	[3]	8,861
Number of unaffiliated parties that are co-owners in Captive			4				3
Profits, Losses and Capital Activity
Company's share of net income (loss)	-2,444	[4]	-2,589		-3,081
Net cash distributions from/(contributions to) joint ventures	-25		-2,503		-3,268
Fees earned by the Company	0		0		0
Hampton Retail Colorado, L.L.C.
Profits, Losses and Capital Activity
Company's share of net income (loss)	0		2,576	[5]	-890
Net cash distributions from/(contributions to) joint ventures	0		855		68
Fees earned by the Company	0		1		3
Impairment of investment in unconsolidated joint ventures			1,834
Hampton Retail Colorado, L.L.C. | Ownership percentage - 100%
Profits, Losses and Capital Activity
Impairment charges			298		1,593
Hampton Retail Colorado, L.L.C. | Ownership percentage - pro rata
Profits, Losses and Capital Activity
Impairment charges			286		1,527
RioCan
Equity Method Investments
Investment in unconsolidated joint ventures								41,523
Profits, Losses and Capital Activity
Company's share of net income (loss)	0		-176	[6]	-2,467
Net cash distributions from/(contributions to) joint ventures	0		-2,394		10,958
Fees earned by the Company	$0		$1,648		$2,109
[1]	The MS Inland unconsolidated joint venture was formed with a large state pension fund; the Company was the managing member of the venture and earned fees for providing property management and leasing services. However, the Company had the ability to exercise significant influence, but did not have financial or operating control over this joint venture, and as a result, the Company accounted for its investment pursuant to the equity method of accounting. On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland through the acquisition of the six properties owned by the joint venture.
[2]	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland.
[3]	Through December 1, 2014, Oak PropertyB & CasualtyB LLC (the Captive) was an insurance association owned by the Company and three other unaffiliated parties (four other unaffiliated parties as of December 31, 2013). The Captive was formed to insure/reimburse the membersb deductible obligations for property and general liability insurance claims subject to certain limitations. The Company entered into the Captive to stabilize insurance costs, manage exposures and recoup expenses. It had been determined that the Captive was a VIE, but because the Company did not hold the power to most significantly impact the Captivebs performance, the Company was not considered the primary beneficiary. Accordingly, the Companybs investment in the Captive was accounted for pursuant to the equity method of accounting. The Companybs risk of loss was limited to its investment and the Company was not required to fund additional capital to the Captive. Effective December 1, 2014, the Company terminated its participation in the Captive and established a new wholly-owned captive insurance company. See Note 17 for further details.
[4]	Effective December 1, 2014, the Company terminated its participation in the Captive.
[5]	During the years ended DecemberB 31, 2013 and 2012, Hampton determined that the carrying value of certain of its assets was not recoverable and, accordingly, recorded property level impairment charges in the amounts of $298 and $1,593, of which the Companybs share was $286 and $1,527, respectively. The joint venturebs estimates of fair value relating to these impairment assessments were based upon bona fide purchase offers. During 2013, the Company dissolved its joint venture arrangement with its partner in Hampton.
[6]	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RioCan.

Investment_in_Unconsolidated_J3

Investment in Unconsolidated Joint Ventures - Combined Condensed Balance Sheets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets
Real estate assets	$0	$270,916
Less accumulated depreciation	0	-52,624
Real estate, net	0	218,292
Other assets, net	0	49,227
Total assets	0	267,519
Liabilities
Mortgage debt	0	142,537
Other liabilities, net	0	22,725
Total liabilities	0	165,262
Total equity	0	102,257
Total liabilities and equity	$0	$267,519

Investment_in_Unconsolidated_J4

Investment in Unconsolidated Joint Ventures - Combined Condensed Statements of Operations (Details) (USD $)	12 Months Ended					0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012	Oct. 01, 2013	Jun. 05, 2014
	property		property		property	property
Expenses:
Gain on sales of investment properties	$0		$17,499		$0
Number of real estate properties sold	24		20		31
RioCan
Revenues:
Property related income	0		36,758		48,483
Other income	0		0		0
Total revenues	0		36,758		48,483
Expenses:
Property operating expenses	0		5,001		7,315
Real estate taxes	0		6,187		8,570
Depreciation and amortization			21,964		33,947
General and administrative expenses	0		457		993
Interest expense, net	0		7,033		10,067
Other (income) expense, net	0		-4,436		823
Total expenses	0		36,206		61,715
Income (loss) from continuing operations	0		552		-13,232
(Loss) income from discontinued operations	0		-1,026		-2,415
Gain on sales of investment properties	0		0		0
Net (loss) income	0		-474	[1]	-15,647
RioCan | RioCan dispositions
Expenses:
Gain on sales of investment properties						17,499
Number of real estate properties sold						8
Ownership interest sold to joint venture partner in joint venture						20.00%
RioCan | RioCan acquisitions
Expenses:
Number of real estate properties acquired						5
Hampton
Revenues:
Property related income	0		0		0
Other income	0		0		0
Total revenues	0		0		0
Expenses:
Property operating expenses	0		0		0
Real estate taxes	0		0		0
Depreciation and amortization	0		0		0
General and administrative expenses	0		6		40
Interest expense, net	0		-1,758		-319
Other (income) expense, net	0		-13		0
Total expenses	0		-1,765		-279
Income (loss) from continuing operations	0		1,765		279
(Loss) income from discontinued operations	0		-117		-1,278
Gain on sales of investment properties	0		1,019		0
Net (loss) income	0		2,667	[2]	-999
Other Joint Ventures
Revenues:
Property related income	11,853		27,841		27,115
Other income	6,679		8,174		7,884
Total revenues	18,532		36,015		34,999
Expenses:
Property operating expenses	1,660		3,522		4,439
Real estate taxes	2,339		5,267		4,711
Depreciation and amortization	3,948		9,601		10,720
General and administrative expenses	268		454		248
Interest expense, net	3,028		7,129		7,853
Other (income) expense, net	11,921		6,025		6,625
Total expenses	23,164		31,998		34,596
Income (loss) from continuing operations	-4,632		4,017		403
(Loss) income from discontinued operations	0		52		2,399
Gain on sales of investment properties	0		0		0
Net (loss) income	-4,632	[3]	4,069		2,802
Unconsolidated joint ventures
Revenues:
Property related income	11,853		64,599		75,598
Other income	6,679		8,174		7,884
Total revenues	18,532		72,773		83,482
Expenses:
Property operating expenses	1,660		8,523		11,754
Real estate taxes	2,339		11,454		13,281
Depreciation and amortization	3,948		31,565		44,667
General and administrative expenses	268		917		1,281
Interest expense, net	3,028		12,404		17,601
Other (income) expense, net	11,921		1,576		7,448
Total expenses	23,164		66,439		96,032
Income (loss) from continuing operations	-4,632		6,334		-12,550
(Loss) income from discontinued operations	0		-1,091	[4]	-1,294
Gain on sales of investment properties	0		1,019		0
Net (loss) income	($4,632)		$6,262		($13,844)
MS Inland joint venture partner | MS Inland acquisitions
Expenses:
Ownership interest in joint venture acquired by the Company							80.00%
[1]	On October 1, 2013, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan).
[2]	During 2013, the Company dissolved its joint venture arrangement with its partner in Hampton Retail Colorado, L.L.C. (Hampton).
[3]	On June 5, 2014, the Company dissolved its joint venture arrangement with its partner in MS Inland. In addition, effective December 1, 2014, the Company terminated its investment in the Captive.
[4]	Included within b(Loss) income from discontinued operationsb are the following: property-level operating results attributable to the five properties the Company acquired from its RioCan unconsolidated joint venture on October 1, 2013; all property-level operating results attributable to the Hampton unconsolidated joint venture; and, the property-level operating results recognized by the Companybs MS Inland unconsolidated joint venture related to a property sold to the Companybs RioCan unconsolidated joint venture. The property-level operating results for the portfolio of properties held by the Companybs MS Inland unconsolidated joint venture are presented within bIncome (loss) from continuing operationsb above given that the Companybs acquisition of its partnerbs 80% interest in all of the properties was a transaction among partners. The property-level operating results of the eight RioCan properties in which the Companybs partner acquired the Companybs 20% interest are presented within bIncome (loss) from continuing operationsb above given the continuity of the controlling financial interest before and after the dissolution transaction.

Investment_in_Unconsolidated_J5

Investment in Unconsolidated Joint Ventures - Acquisitions and Dispositions (Details) (USD $)	12 Months Ended			0 Months Ended		3 Months Ended	0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 01, 2013		Mar. 31, 2013	Jun. 05, 2014		Sep. 30, 2013
	property	property	property			property
Acquisitions and Dispositions
Weighted average interest rate (as a percent)	5.03%
Gain on change in control of investment properties	$24,158	$5,435	$0
Number of real estate properties sold	24	20	31
Gain on sale of joint venture interest	0	17,499	0
Investment in unconsolidated joint ventures	0	15,776
RioCan
Acquisitions and Dispositions
Consideration received for interest in joint venture				53,073
Gain on sale of joint venture interest	0	0	0
Investment in unconsolidated joint ventures									41,523
Hampton Retail Colorado, L.L.C.
Acquisitions and Dispositions
Number of real estate properties sold		2				1
Gain on sale of joint venture interest		1,019
Sales price		13,300
Debt repaid with proceeds from sales of properties		12,631
RioCan dispositions | RioCan
Acquisitions and Dispositions
Carrying value of investment in acquired properties				35,574					35,574
Ownership interest sold to joint venture partner in joint venture				20.00%
Number of real estate properties sold				8
Ownership interest of unconsolidated joint ventures (as a percent)				20.00%
Consideration received for interest in joint venture				53,700
Gain on sale of joint venture interest				17,499
RioCan dispositions | RioCan | Ownership percentage - 100%
Acquisitions and Dispositions
In-place mortgage financing assumed				209,200
Weighted average interest rate (as a percent)				3.70%
Fair value of assets sold				477,500
RioCan dispositions | RioCan | Ownership percentage - pro rata
Acquisitions and Dispositions
Fair value of assets sold				95,500
MS Inland acquisitions
Acquisitions and Dispositions
Fair value of assets acquired							292,500	[1]
MS Inland acquisitions | Ownership percentage - pro rata
Acquisitions and Dispositions
Fair value of assets acquired							234,000
MS Inland acquisitions | MS Inland joint venture partner
Acquisitions and Dispositions
Ownership interest in joint venture acquired by the Company							80.00%
Fair value of assets acquired							234,000
MS Inland acquisitions | MS Inland
Acquisitions and Dispositions
Number of real estate properties acquired							6
Cash consideration							120,600
Weighted average interest rate (as a percent)							4.79%
Gain on change in control of investment properties							24,158
Equity interest before acquisition (as a percent)							20.00%
Carrying value of investment in acquired properties							6,002
MS Inland acquisitions | MS Inland | Ownership percentage - 100%
Acquisitions and Dispositions
Fair value of assets acquired							292,500
In-place mortgage financing assumed							141,698
Weighted average interest rate (as a percent)							4.79%
Fair value of the net assets acquired							150,802
MS Inland acquisitions | MS Inland | Ownership percentage - pro rata
Acquisitions and Dispositions
Fair value of the net assets acquired							30,160
RioCan acquisitions
Acquisitions and Dispositions
Fair value of assets acquired				124,783	[2]
RioCan acquisitions | Ownership percentage - pro rata
Acquisitions and Dispositions
Fair value of assets acquired				99,826
RioCan acquisitions | RioCan joint venture partner
Acquisitions and Dispositions
Ownership interest in joint venture acquired by the Company				80.00%
Fair value of assets acquired				99,900
RioCan acquisitions | RioCan
Acquisitions and Dispositions
Number of real estate properties acquired				5
Cash consideration				45,500
Gain on change in control of investment properties				5,435
Equity interest before acquisition (as a percent)				20.00%
Carrying value of investment in acquired properties				5,949					5,949
RioCan acquisitions | RioCan | Ownership percentage - 100%
Acquisitions and Dispositions
Fair value of assets acquired				124,800
In-place mortgage financing assumed				67,900
Weighted average interest rate (as a percent)				4.80%
Fair value of the net assets acquired				56,919
RioCan acquisitions | RioCan | Ownership percentage - pro rata
Acquisitions and Dispositions
Fair value of the net assets acquired				$11,384
[1]	As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in MS Inland Fund, LLC (MS Inland) by acquiring its partnerbs 80% ownership interest in the six multi-tenant retail properties owned by the joint venture (collectively, the MS Inland acquisitions). The Company paid total cash consideration of approximately $120,600 before transaction costs and prorations and after assumption of the joint venturebs in-place mortgage financing on those properties of $141,698. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $24,158 as a result of remeasuring the carrying value of its 20% interest in the six acquired properties to fair value. Such gain is presented as bGain on change in control of investment propertiesb in the accompanying consolidated statements of operations and other comprehensive income (loss).
[2]	As discussed in Note 11, the Company dissolved its joint venture arrangement with its partner in RC Inland L.P. (RioCan) and acquired its partnerbs 80% ownership interest in five multi-tenant retail properties owned by the joint venture (collectively, the RioCan acquisitions). The Company paid total cash consideration of approximately $45,500 before transaction costs and prorations and after assumption of its partnerbs 80% interest of the joint venturebs $67,900 in-place mortgage financing on those properties. The Company accounted for this transaction as a business combination achieved in stages and recognized a gain on change in control of investment properties of $5,435 as a result of remeasuring the carrying value of its 20% interest in the five acquired properties to fair value. Such gain is presented as bGain on change in control of investment propertiesb in the accompanying consolidated statements of operations and other comprehensive income (loss).

Equity_ATM_Equity_Program_Deta

Equity - ATM Equity Program (Details) (USD $)	12 Months Ended			0 Months Ended	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 07, 2013	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
ATM Equity Program
Total net consideration	($145)	$83,496	$266,491
2013 ATM Equity Program
ATM Equity Program
Maximum aggregate offering price				200,000
Number of common shares sold	0	5,547			0	0	0	0	0	0	5,491	56
Total net consideration	0	83,527			0	0	0	0	0	0	82,839	688
Average price per share	$0	$15.29			$0	$0	$0	$0	$0	$0	$15.30	$14.94
Aggregate offering price of remaining common shares available for sale	$115,165				$115,165

Earnings_per_Share_Details

Earnings per Share (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Numerator:
Income (loss) from continuing operations									$597		($42,855)		($14,368)
Gain on sales of investment properties, net									42,196		5,806		7,843
Preferred stock dividends									-9,450		-9,450		-263
Income (loss) from continuing operations attributable to common shareholders									33,343		-46,499		-6,788
Income from discontinued operations									507		50,675		6,078
Net income (loss) attributable to common shareholders	23,502	-29,098	27,680	11,766	34,724	-39,914	13,608	-4,242	33,850		4,176		-710
Distributions paid on unvested restricted shares									-225		-59		-25
Net income (loss) attributable to common shareholders excluding amounts attributable to unvested restricted shares									$33,625		$4,117		($735)
Denominator for earnings (loss) per common share b basic:
Weighted average number of common shares outstanding	236,204	236,203	236,176	236,151	236,151	236,151	233,624	230,611	236,184	[1]	234,134	[2]	220,464	[3]
Effect of dilutive securities b stock options									3	[4]	0	[4]	0	[4]
Denominator for earnings (loss) per common share b diluted:
Weighted average number of common and common equivalent shares outstanding	236,207	236,203	236,179	236,153	236,151	236,151	233,627	230,611	236,187		234,134		220,464
Earnings Per Share, Other Disclosures
Unvested restricted common stock	396				152				396		152		46
Weighted average number of shares of restricted stock									364		106		40
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share
Number of outstanding options to purchase shares of common stock	64				78				64		78		83
Weighted average exercise price of outstanding options (in dollars per share)	$19.32				$19.10				$19.32		$19.10		$19.31
Number of outstanding options to purchase shares of common stock, the effect of which would be anti-dilutive									54		78		83
Weighted average exercise price of outstanding options to purchase shares of common stock excluded from diluted EPS calculation (in dollars per share)									$20.72		$19.10		$19.31
[1]	Excluded from this weighted average amount are 396 shares of unvested restricted common stock, which equate to 364 shares on a weighted average basis for the year ended DecemberB 31, 2014. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[2]	Excluded from this weighted average amount are 152 shares of unvested restricted common stock, which equate to 106 shares on a weighted average basis for the year ended DecemberB 31, 2013. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[3]	Excluded from this weighted average amount are 46 shares of unvested restricted common stock, which equate to 40 shares on a weighted average basis for the year ended DecemberB 31, 2012. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[4]	There were outstanding options to purchase 64, 78 and 83 shares of common stock as of DecemberB 31, 2014, 2013 and 2012, respectively, at a weighted average exercise price of $19.32, $19.10 and $19.31, respectively. Of these totals, outstanding options to purchase 54, 78 and 83 shares of common stock as of DecemberB 31, 2014, 2013 and 2012, respectively, at a weighted average exercise price of $20.72, $19.10 and $19.31, respectively, have been excluded from the common shares used in calculating diluted earnings per share as including them would be anti-dilutive.

Income_Taxes_Deferred_Tax_Asse

Income Taxes - Deferred Tax Assets and Liabilities (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	subsidiary
Income Taxes
Annual distribution requirement to shareholders	90.00%
Number of wholly-owned subsidiaries jointly elected to be treated as a TRS	1
Income tax expense related to the TRS		$189	$150
Deferred tax assets
Basis difference in properties	14,211	16,417
Capital loss carryforward	3,225	0
Net operating loss carryforward	2,995	2,228
Other	140	194
Gross deferred tax assets	20,571	18,839
Less: valuation allowance	-20,355	-18,631
Total deferred tax assets	216	208
Deferred tax liabilities
Other	-216	-208
Net deferred tax assets	0	0
Federal taxing authority
Deferred tax liabilities
Capital loss carryforward	8,753
Net operating loss carryforward	$8,131

Income_Taxes_Reconciliation_of

Income Taxes - Reconciliation of Net Income (Loss) to REIT Taxable Income Before Dividends Paid Deduction (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Reconciliation of Net Income (Loss) to REIT Taxable Income
Net income (loss) attributable to the Company	$43,300	$13,626	($447)
Book/tax differences	71,910	60,098	3,807
REIT taxable income subject to 90% dividend requirement	$115,210	$73,724	$3,360

Income_Taxes_Dividends_Paid_De

Income Taxes - Dividends Paid Deduction (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Dividends Paid Deduction
Cash distibutions paid	$166,025	$164,391	$140,017
Less: non-dividend distributions	-50,815	-90,667	-136,657
Total dividends paid deduction attributable to earnings and profits	$115,210	$73,724	$3,360
Qualified dividends (per share)			$0.02
7.00% Series A cumulative redeemable preferred stock
Dividends Paid Deduction
Ordinary dividends (per share)	$1.75	$1.80	$0
Non-dividend distributions (per share)	$0	$0	$0
Total distributions per share	$1.75	$1.80	$0
Class A common stock
Dividends Paid Deduction
Ordinary dividends (per share)	$0.45	$0.27	$0.02	[1]
Non-dividend distributions (per share)	$0.21	$0.39	$0.64
Total distributions per share	$0.66	$0.66	$0.66
[1]	$0.02 included in ordinary dividends is considered a qualified dividend.

Provision_for_Impairment_of_In2

Provision for Impairment of Investment Properties (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
	property		property		property
Investment property impairment charges
Number of properties with impairment indicators	8		14		13
Number of properties classified as held for sale	2
Number of properties with impairment charges	3		3		3
Number of properties with impairment indicators whose undiscounted cash flows exceeded its carrying value	4		10		7
Weighted average rate in which undiscounted cash flows exceeded carrying value	48.00%		20.00%		57.00%
Provision for impairment of investment properties	$72,203		$92,033		$25,842
Estimated fair value of impaired properties as of impairment date	190,953		134,853		161,039
Number of properties sold or classified as held for sale with impairment indicators			9		6
Number of real estate properties sold	24		20		31
Promenade at Red Cliff
Investment property impairment charges
Number of properties classified as held for sale	1
Riverpark Phase IIA
Investment property impairment charges
Number of properties classified as held for sale			1
Towson Circle
Investment property impairment charges
Provision for impairment of investment properties					1,323
13 former Mervyns properties
Investment property impairment charges
Number of real estate properties sold					13
3 multi-tenant properties near Dallas, Texas
Investment property impairment charges
Number of real estate properties sold					3
Continuing operations
Investment property impairment charges
Provision for impairment of investment properties			59,486
Continuing operations | Midtown Center
Investment property impairment charges
Square footage	408,500
Provision for impairment of investment properties	394	[1]
Continuing operations | Gloucester Town Center
Investment property impairment charges
Square footage	107,200
Provision for impairment of investment properties	6,148	[2]
Continuing operations | Boston Commons
Investment property impairment charges
Square footage	103,400
Provision for impairment of investment properties	453	[1]
Continuing operations | Four Peaks Plaza
Investment property impairment charges
Square footage	140,400		140,400
Provision for impairment of investment properties	4,154	[1]	7,717	[3]
Continuing operations | Shaw's Supermarket
Investment property impairment charges
Square footage	65,700
Provision for impairment of investment properties	6,230	[4]
Continuing operations | The Gateway
Investment property impairment charges
Square footage	623,200
Provision for impairment of investment properties	42,999	[5]
Continuing operations | Newburgh Crossing
Investment property impairment charges
Square footage	62,900
Provision for impairment of investment properties	1,139	[1]
Continuing operations | Hartford Insurance Building
Investment property impairment charges
Square footage	97,400
Provision for impairment of investment properties	5,782	[3]
Continuing operations | Citizen's Property Insurance Building
Investment property impairment charges
Square footage	59,800
Provision for impairment of investment properties	4,341	[3]
Continuing operations | Aon Hewitt East Campus
Investment property impairment charges
Square footage	343,000		343,000
Provision for impairment of investment properties	563	[6]	27,183	[7]
Continuing operations | Lake Mead Crossing
Investment property impairment charges
Square footage			221,200
Provision for impairment of investment properties			24,586	[3]
Continuing operations | Towson Circle
Investment property impairment charges
Provision for impairment of investment properties					1,323	[8]
Discontinued operations
Investment property impairment charges
Provision for impairment of investment properties			32,547		24,519
Discontinued operations | University Square
Investment property impairment charges
Square footage			287,000
Provision for impairment of investment properties			6,694	[9]
Discontinued operations | Raytheon Facility
Investment property impairment charges
Square footage			105,000
Provision for impairment of investment properties			2,518	[10]
Discontinued operations | Shops at 5
Investment property impairment charges
Square footage			421,700
Provision for impairment of investment properties			21,128	[10]
Discontinued operations | Preston Trail Village
Investment property impairment charges
Square footage			180,000
Provision for impairment of investment properties			1,941	[10]
Discontinued operations | Rite Aid - Atlanta
Investment property impairment charges
Square footage			10,900
Provision for impairment of investment properties			266	[10]
Discontinued operations | 13 former Mervyns properties
Investment property impairment charges
Square footage					1,000,400
Provision for impairment of investment properties					1,100	[11]
Discontinued operations | 3 multi-tenant properties near Dallas, Texas
Investment property impairment charges
Square footage					132,600
Provision for impairment of investment properties					5,528	[12]
Discontinued operations | Mervyns - McAllen
Investment property impairment charges
Square footage					78,000
Provision for impairment of investment properties					2,950
Discontinued operations | Mervyns - Bakersfield
Investment property impairment charges
Square footage					75,100
Provision for impairment of investment properties					37
Discontinued operations | Pro's Ranch Market
Investment property impairment charges
Square footage					75,500
Provision for impairment of investment properties					2,749	[13]
Discontinued operations | American Express - Phoenix
Investment property impairment charges
Square footage					117,600
Provision for impairment of investment properties					4,902	[13]
Discontinued operations | Mervyns - Fontana
Investment property impairment charges
Square footage					79,000
Provision for impairment of investment properties					352
Discontinued operations | Mervyns - Ridgecrest
Investment property impairment charges
Square footage					59,000
Provision for impairment of investment properties					1,622	[13]
Discontinued operations | Dick's Sporting Goods - Fresno
Investment property impairment charges
Square footage					77,400
Provision for impairment of investment properties					2,982	[13]
Discontinued operations | Mervyns - Highland
Investment property impairment charges
Square footage					80,500
Provision for impairment of investment properties					$2,297	[13]
[1]	The Company recorded impairment charges based upon the terms and conditions of an executed sales contract for each of the respective properties, which were sold during 2014 and are included in continuing operations.
[2]	An impairment charge was recorded on June 30, 2014 based upon the terms of a bona fide purchase offer and additional impairment was recognized on September 30, 2014 pursuant to the terms and conditions of an executed sales contract.
[3]	The Company recorded impairment charges driven by changes in the estimated holding periods for the properties.
[4]	The Company recorded an impairment charge upon re-evaluating the strategic alternatives for the property.
[5]	The Company recorded an impairment charge as a result of a combination of factors including the expected impact on future operating results stemming from a re-evaluation of the anticipated positioning of, and tenant population at, the property and a re-evaluation of other potential strategic alternatives for the property.
[6]	The Company recorded an impairment charge based upon the terms and conditions of an executed sales contract. This property was classified as held for sale as of December 31, 2014 and was sold on January 20, 2015.
[7]	The Company recorded an impairment charge driven by a change in the estimated holding period for the property. The amount of the impairment charge was based upon the terms and conditions of a bona fide purchase offer received from an unaffiliated third party.
[8]	The Company sold a parcel of land to an unaffiliated third party for which the allocated carrying value was $1,323 greater than the sales price. Such disposition did not qualify for discontinued operations accounting treatment.
[9]	The Company recorded an impairment charge upon re-evaluating the strategic alternatives for the property, which was subsequently sold on October 25, 2013.
[10]	Impairment charges were recorded at various dates during the year ended December 31, 2013 initially based upon the terms of bona fide purchase offers, subsequent revisions pursuant to contract negotiations or final disposition price, as applicable.
[11]	The Company recorded an impairment charge in conjunction with the sale of 13 former Mervyns properties located throughout California based upon the terms and conditions of the executed sales contract.
[12]	The Company recorded an impairment charge in conjunction with the sale of three multi-tenant retail properties located near Dallas, Texas based upon the terms and conditions of the executed sales contract.
[13]	Impairment charges were recorded at various dates during the year ended December 31, 2012 initially based upon the terms of bona fide purchase offers, subsequent revisions pursuant to contract negotiations or final disposition price, as applicable.

Fair_Value_Measurements_Carryi

Fair Value Measurements - Carrying Value and Estimated Fair Value of Financial Instruments (Details) (USD $)	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financial Instruments
Mortgages payable, net	$1,634,465		$1,684,633
Unsecured notes payable	250,000	250,000	0
Carrying value
Financial Instruments
Mortgages payable, net	1,634,465		1,684,633
Unsecured notes payable	250,000		0
Credit facility	450,000		615,000
Derivative liability	562		751
Fair value
Financial Instruments
Mortgages payable, net	1,749,671		1,827,638
Unsecured notes payable	258,360		0
Credit facility	451,502		617,478
Derivative liability	$562		$751

Fair_Value_Measurements_Recurr

Fair Value Measurements - Recurring Fair Value Measurements (Details) (Recurring Fair Value Measurements, USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Measurements
Derivative liability	$562	$751
Fair value, Level 2
Fair Value Measurements
Derivative liability	$562	$751

Fair_Value_Measurements_Nonrec

Fair Value Measurements - Nonrecurring Fair Value Measurements (Details) (USD $)	12 Months Ended					9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012	Sep. 30, 2014
Fair Value Measurements
Provision for impairment	$72,203		$92,033		$25,842
Minimum
Fair Value Measurements
Operating expense growth rates			3.27%			1.39%
Discount rates			7.29%			8.25%
Terminal capitalization rates			6.79%			7.50%
Maximum
Fair Value Measurements
Operating expense growth rates			3.56%			3.70%
Discount rates			8.45%			9.50%
Terminal capitalization rates			8.49%			8.50%
Shaw's Supermarket
Fair Value Measurements
Fair value of investment properties	3,100
The Gateway
Fair Value Measurements
Fair value of investment properties	75,400
Hartford Insurance Building
Fair Value Measurements
Fair value of investment properties	5,000
Citizen's Property Insurance Building
Fair Value Measurements
Fair value of investment properties	3,000
Aon Hewitt East Campus
Fair Value Measurements
Fair value of investment properties			18,000
Transaction costs	738
Four Peaks Plaza
Fair Value Measurements
Fair value of investment properties			14,000
Lake Mead Crossing
Fair Value Measurements
Fair value of investment properties			43,000
Nonrecurring Fair Value Measurements
Fair Value Measurements
Fair value of investment properties	86,500		75,000
Fair value of investment properties held for sale	17,233
Provision for impairment	59,352	[1]	59,486	[2]
Nonrecurring Fair Value Measurements | Investment properties held for sale
Fair Value Measurements
Provision for impairment	563	[3]
Nonrecurring Fair Value Measurements | Fair value, Level 2
Fair Value Measurements
Fair value of investment properties held for sale	17,233
Nonrecurring Fair Value Measurements | Fair value, Level 3
Fair Value Measurements
Fair value of investment properties	$86,500	[4]	$75,000
[1]	Excludes impairment charges recorded on investment properties sold prior to DecemberB 31, 2014 and 2013, respectively.
[2]	Includes impairment charges to write down the carrying value of the Companybs Aon Hewitt East Campus, Four Peaks Plaza and Lake Mead Crossing investment properties to estimated fair value. The estimated fair value of Aon Hewitt East Campus of $18,000 was based upon a bona fide purchase offer received by the Company from an unaffiliated third party (a Level 3 input). The estimated fair value of Four Peaks Plaza and Lake Mead Crossing of $14,000 and $43,000, respectively, were determined using the income approach. See footnote (b) above for a full description of the income approach. The following were the key Level 3 inputs used in estimating the fair value of Four Peaks Plaza and Lake Mead Crossing as of December 31, 2013. 2013 LowB HighRental growth ratesB Varies (i)B Varies (i)Operating expense growth ratesB 3.27%B 3.56%Discount ratesB 7.29%B 8.45%Terminal capitalization ratesB 6.79%B 8.49%(i)Since cash flow models are established at the tenant level, projected rental revenue growth rates fluctuate over the course of the estimated holding period based upon the timing of lease rollover, amount of available space and other property and space-specific factors.
[3]	Represents an impairment charge recorded during the the three months ended December 31, 2014 for Aon Hewitt East Campus, which was classified as held for sale as of December 31, 2014. Such charge, calculated as the expected sales price from the executed sales contract less estimated transaction costs as compared to the Companybs carrying value of its investment, was determined to be a Level 2 input. The estimated transaction costs totaling $738 are not reflected as a reduction to the fair value disclosed in the table above.
[4]	Represents the fair values of the Companybs Shawbs Supermarket, The Gateway, Hartford Insurance Building and Citizenbs Property Insurance Building investment properties. The estimated fair values of Shawbs Supermarket and The Gateway of $3,100 and $75,400, respectively, were determined using the income approach. The income approach involves discounting the estimated income stream and reversion (presumed sale) value of a property over an estimated holding period to a present value at a risk-adjusted rate. Discount rates, growth assumptions and terminal capitalization rates utilized in this approach are derived from property-specific information, market transactions and other industry data. The terminal capitalization rate and discount rate are significant inputs to this valuation. The following were the key Level 3 inputs used in estimating the fair value of Shawbs Supermarket and The Gateway as of September 30, 2014. 2014 LowB HighRental growth ratesB Varies (i)B Varies (i)Operating expense growth ratesB 1.39%B 3.70%Discount ratesB 8.25%B 9.50%Terminal capitalization ratesB 7.50%B 8.50%(i)Since cash flow models are established at the tenant level, projected rental revenue growth rates fluctuate over the course of the estimated holding period based upon the timing of lease rollover, amount of available space and other property and space-specific factors.The estimated fair values of Hartford Insurance Building and Citizenbs Property Insurance Building of $5,000 and $3,000, respectively, were based upon third party comparable sales prices, which contain unobservable inputs used by these third parties to determine the estimated fair values.

Fair_Value_Measurements_Fair_V

Fair Value Measurements - Fair Value Disclosures (Details) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2014	Jun. 30, 2014
Fair Value Measurements
Mortgages payable, net		1,684,633	1,634,465
Unsecured notes payable		0	250,000	250,000
Minimum
Fair Value Measurements
Discount rate (as a percent)	8.25%	7.29%
Maximum
Fair Value Measurements
Discount rate (as a percent)	9.50%	8.45%
Mortgages payable | Minimum
Fair Value Measurements
Discount rate (as a percent)		2.40%	2.20%
Mortgages payable | Maximum
Fair Value Measurements
Discount rate (as a percent)		5.60%	4.00%
Unsecured notes payable | Weighted average
Fair Value Measurements
Discount rate (as a percent)			3.97%
Unsecured term loan
Fair Value Measurements
Discount rate (as a percent)		1.35%	1.35%
Unsecured revolving line of credit
Fair Value Measurements
Discount rate (as a percent)		1.40%
Fair value, Total
Fair Value Measurements
Mortgages payable, net		1,827,638	1,749,671
Unsecured notes payable		0	258,360
Credit facility		617,478	451,502
Fair value, Level 3
Fair Value Measurements
Mortgages payable, net		1,827,638	1,749,671
Unsecured notes payable			258,360
Credit facility		617,478	451,502

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (Guarantees, Mortgage loans, USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Guarantees | Mortgage loans
Commitments and Contingencies
Amount of mortgage and construction loans guaranteed	$7,991

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	12 Months Ended			0 Months Ended	2 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Feb. 10, 2015	Feb. 18, 2015
Subsequent Events
Repayment of mortgages payable	$192,244	$571,870	$988,483
Distributions declared to preferred shareholders (in dollars per share)	$1.75	$1.80
Distributions declared to common shareholders (in dollars per share)	$0.66	$0.66	$0.66
7.00% Series A cumulative redeemable preferred stock
Subsequent Events
Preferred stock, dividend rate	7.00%	7.00%
Subsequent events | 7.00% Series A cumulative redeemable preferred stock
Subsequent Events
Preferred stock, dividend rate				7.00%
Distributions declared to preferred shareholders (in dollars per share)				$0.44
Subsequent events | Common stock
Subsequent Events
Distributions declared to common shareholders (in dollars per share)				$0.17
Subsequent events | Mortgages payable
Subsequent Events
Repayment of mortgages payable					18,504
Interest rate (as a percent)					6.39%
Subsequent events | Aon Hewitt East Campus
Subsequent Events
Square footage					343,000
Sales price					17,233
Subsequent events | Downtown Crown
Subsequent Events
Acquisition price					162,785
Square footage					258,000
Subsequent events | Merrifield Town Center
Subsequent Events
Acquisition price					56,500
Square footage					85,000
Subsequent events | Fort Evans Plaza II
Subsequent Events
Acquisition price					65,000
Square footage					229,000
Subsequent events | Unsecured revolving line of credit
Subsequent Events
Amount drawn on unsecured revolving line of credit					$225,000

Quarterly_Financial_Informatio2

Quarterly Financial Information (unaudited) (Details) (USD $)	3 Months Ended																12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014		Mar. 31, 2014		Dec. 31, 2013		Sep. 30, 2013		Jun. 30, 2013		Mar. 31, 2013		Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Total revenues	$153,531	[1]	$151,446	[1]	$146,446	[1]	$149,191	[1]	$150,689	[1]	$136,198	[1]	$132,418	[1]	$132,203	[1]	$600,614		$551,508		$531,171
Net income (loss)	25,865		-26,736		30,043		14,128		37,087		-37,552		15,971		-1,880		43,300		13,626		-447
Net income (loss) attributable to common shareholders	23,502		-29,098		27,680		11,766		34,724		-39,914		13,608		-4,242		33,850		4,176		-710
Net income (loss) per common share attributable to common shareholders b basic and diluted (in dollars per share)	$0.10		($0.12)		$0.12		$0.05		$0.15		($0.17)		$0.06		($0.02)		$0.14		$0.02		$0
Weighted average number of common shares outstanding b basic	236,204		236,203		236,176		236,151		236,151		236,151		233,624		230,611		236,184	[2]	234,134	[3]	220,464	[4]
Weighted average number of common shares outstanding b diluted	236,207		236,203		236,179		236,153		236,151		236,151		233,627		230,611		236,187		234,134		220,464
Rental income
Quarterly Financial Information
Reclassification of loss on lease terminations			$44		$140		$403		($27)		$72		$98		$142				$285		$488
[1]	Unaudited quarterly bTotal revenuesb reflects the reclassification of a portion of amounts previously included in bLoss on lease terminationsb on the Companybs accompanying consolidated statements of operations and other comprehensive income (loss). The portion of loss on lease terminations reclassified as an increase to rental income was $44, $140 and $403 for the quarterly periods ended September 30, June 30 and March 31, 2014, respectively. The portion of loss on lease terminations reclassified as a (decrease) or increase to rental income was $(27), $72, $98 and $142 for the quarterly periods ended December 31, September 30, June 30 and March 31, 2013, respectively.
[2]	Excluded from this weighted average amount are 396 shares of unvested restricted common stock, which equate to 364 shares on a weighted average basis for the year ended DecemberB 31, 2014. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[3]	Excluded from this weighted average amount are 152 shares of unvested restricted common stock, which equate to 106 shares on a weighted average basis for the year ended DecemberB 31, 2013. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.
[4]	Excluded from this weighted average amount are 46 shares of unvested restricted common stock, which equate to 40 shares on a weighted average basis for the year ended DecemberB 31, 2012. These shares will continue to be excluded from the computation of basic EPS until contingencies are resolved and the shares are released.

Schedule_II_Valuation_and_Qual1

Schedule II Valuation and Qualifying Accounts (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves
Balance at beginning of year	$8,197	$6,452	$8,231
Charged to costs and expenses	2,689	4,600	969
Write-offs	-3,389	-2,855	-2,748
Balance at end of year	7,497	8,197	6,452
Tax valuation allowance
Movement in Valuation Allowances and Reserves
Balance at beginning of year	18,631	7,852	8,900
Charged to costs and expenses	1,724	10,779	-1,048
Write-offs	0	0	0
Balance at end of year	$20,355	$18,631	$7,852

Schedule_III_Real_Estate_and_A1

Schedule III Real Estate and Accumulated Depreciation (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,634,465
Initial cost of land	1,264,242
Initial cost of buildings and improvements	4,322,979
Adjustments to basis	93,155
Gross amount carried at end of period, land and improvements	1,236,662
Gross amount carried at end of period, buildings and improvements	4,443,714
Gross amount carried at end of period, total	5,680,376	5,804,518	5,962,878	6,441,555
Accumulated depreciation	1,365,471	1,330,474	1,275,787	1,180,767
Aggregate cost of real estate, U.S. federal income tax purposes	5,874,366
Buildings and associated improvements
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful life	30 years
Site improvements and most other capital improvements
SEC Schedule III, Real Estate and Accumulated Depreciation
Estimated useful life	15 years
Total Operating Properties
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,619,565
Initial cost of land	1,207,009
Initial cost of buildings and improvements	4,304,779
Adjustments to basis	94,069
Gross amount carried at end of period, land and improvements	1,180,319
Gross amount carried at end of period, buildings and improvements	4,425,538
Gross amount carried at end of period, total	5,605,857
Accumulated depreciation	1,362,903
Total Development Properties
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	14,900
Initial cost of land	15,940
Initial cost of buildings and improvements	16,932
Adjustments to basis	-914
Gross amount carried at end of period, land and improvements	15,050
Gross amount carried at end of period, buildings and improvements	16,908
Gross amount carried at end of period, total	31,958
Accumulated depreciation	2,568
Developments in Progress
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	41,293
Initial cost of buildings and improvements	1,268
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	41,293
Gross amount carried at end of period, buildings and improvements	1,268
Gross amount carried at end of period, total	42,561
Accumulated depreciation	0
Panama City, FL | 23rd Street Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,059
Initial cost of land	1,300
Initial cost of buildings and improvements	5,319
Adjustments to basis	871
Gross amount carried at end of period, land and improvements	1,300
Gross amount carried at end of period, buildings and improvements	6,190
Gross amount carried at end of period, total	7,490
Accumulated depreciation	2,045
Houma, LA | Academy Sports
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,230
Initial cost of buildings and improvements	3,752
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,230
Gross amount carried at end of period, buildings and improvements	3,752
Gross amount carried at end of period, total	4,982
Accumulated depreciation	1,432
Houma, LA | Magnolia Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	6,365
Initial cost of land	2,635
Initial cost of buildings and improvements	15,040
Adjustments to basis	-767
Gross amount carried at end of period, land and improvements	2,635
Gross amount carried at end of period, buildings and improvements	14,273
Gross amount carried at end of period, total	16,908
Accumulated depreciation	5,232
Midland, TX | Academy Sports
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,549
Initial cost of land	1,340
Initial cost of buildings and improvements	2,943
Adjustments to basis	3
Gross amount carried at end of period, land and improvements	1,340
Gross amount carried at end of period, buildings and improvements	2,946
Gross amount carried at end of period, total	4,286
Accumulated depreciation	1,097
Port Arthur, TX | Academy Sports
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,096
Initial cost of land	1,050
Initial cost of buildings and improvements	3,954
Adjustments to basis	6
Gross amount carried at end of period, land and improvements	1,050
Gross amount carried at end of period, buildings and improvements	3,960
Gross amount carried at end of period, total	5,010
Accumulated depreciation	1,476
San Antonio, TX | Academy Sports
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,215
Initial cost of buildings and improvements	3,963
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	3,215
Gross amount carried at end of period, buildings and improvements	3,963
Gross amount carried at end of period, total	7,178
Accumulated depreciation	1,440
San Antonio, TX | Alison's Corner
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,530
Initial cost of land	1,045
Initial cost of buildings and improvements	5,700
Adjustments to basis	281
Gross amount carried at end of period, land and improvements	1,045
Gross amount carried at end of period, buildings and improvements	5,981
Gross amount carried at end of period, total	7,026
Accumulated depreciation	2,263
San Antonio, TX | HQ Building
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	9,070
Initial cost of land	5,200
Initial cost of buildings and improvements	10,010
Adjustments to basis	4,192
Gross amount carried at end of period, land and improvements	5,200
Gross amount carried at end of period, buildings and improvements	14,202
Gross amount carried at end of period, total	19,402
Accumulated depreciation	4,580
San Antonio, TX | Huebner Oaks Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	37,588
Initial cost of land	18,087
Initial cost of buildings and improvements	64,731
Adjustments to basis	96
Gross amount carried at end of period, land and improvements	18,087
Gross amount carried at end of period, buildings and improvements	64,827
Gross amount carried at end of period, total	82,914
Accumulated depreciation	1,390
San Antonio, TX | La Plaza Del Norte
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	16,005
Initial cost of buildings and improvements	37,744
Adjustments to basis	2,834
Gross amount carried at end of period, land and improvements	16,005
Gross amount carried at end of period, buildings and improvements	40,578
Gross amount carried at end of period, total	56,583
Accumulated depreciation	15,595
Arvada, CO | Arvada Connection and Arvada Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	8,125
Initial cost of buildings and improvements	39,366
Adjustments to basis	1,882
Gross amount carried at end of period, land and improvements	8,125
Gross amount carried at end of period, buildings and improvements	41,248
Gross amount carried at end of period, total	49,373
Accumulated depreciation	16,057
Chicago, IL | Ashland & Roosevelt
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	9,134
Initial cost of land	0
Initial cost of buildings and improvements	21,052
Adjustments to basis	454
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	21,506
Gross amount carried at end of period, total	21,506
Accumulated depreciation	7,503
Chicago, IL | The Brickyard
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	45,300
Initial cost of buildings and improvements	26,657
Adjustments to basis	4,561
Gross amount carried at end of period, land and improvements	45,300
Gross amount carried at end of period, buildings and improvements	31,218
Gross amount carried at end of period, total	76,518
Accumulated depreciation	11,039
Redmond, WA | Avondale Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	4,573
Initial cost of buildings and improvements	9,497
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	4,573
Gross amount carried at end of period, buildings and improvements	9,497
Gross amount carried at end of period, total	14,070
Accumulated depreciation	31
Summerville, SC | Azalea Square I
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	11,971
Initial cost of land	6,375
Initial cost of buildings and improvements	21,304
Adjustments to basis	1,669
Gross amount carried at end of period, land and improvements	6,375
Gross amount carried at end of period, buildings and improvements	22,973
Gross amount carried at end of period, total	29,348
Accumulated depreciation	8,814
Summerville, SC | Azalea Square III
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,280
Initial cost of buildings and improvements	10,348
Adjustments to basis	63
Gross amount carried at end of period, land and improvements	3,280
Gross amount carried at end of period, buildings and improvements	10,411
Gross amount carried at end of period, total	13,691
Accumulated depreciation	2,766
Bradenton, FL | Beachway Plaza outparcel
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	318
Initial cost of buildings and improvements	0
Adjustments to basis	375
Gross amount carried at end of period, land and improvements	318
Gross amount carried at end of period, buildings and improvements	375
Gross amount carried at end of period, total	693
Accumulated depreciation	4
Miami, FL | Bed Bath & Beyond Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	9,026
Initial cost of land	10,350
Initial cost of buildings and improvements	18,367
Adjustments to basis	646
Gross amount carried at end of period, land and improvements	10,350
Gross amount carried at end of period, buildings and improvements	19,013
Gross amount carried at end of period, total	29,363
Accumulated depreciation	7,055
Westbury, NY | Bed Bath & Beyond Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	4,530
Initial cost of buildings and improvements	11,901
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	4,530
Gross amount carried at end of period, buildings and improvements	11,901
Gross amount carried at end of period, total	16,431
Accumulated depreciation	4,105
Las Vegas, NV | Best on the Boulevard
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	17,386
Initial cost of land	7,460
Initial cost of buildings and improvements	25,583
Adjustments to basis	2,316
Gross amount carried at end of period, land and improvements	7,460
Gross amount carried at end of period, buildings and improvements	27,899
Gross amount carried at end of period, total	35,359
Accumulated depreciation	10,396
Las Vegas, NV | Lake Mead Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	17,796
Initial cost of buildings and improvements	50,272
Adjustments to basis	-35,902
Gross amount carried at end of period, land and improvements	8,830
Gross amount carried at end of period, buildings and improvements	23,336
Gross amount carried at end of period, total	32,166
Accumulated depreciation	1,427
Las Vegas, NV | Montecito Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	16,546
Initial cost of land	9,700
Initial cost of buildings and improvements	25,414
Adjustments to basis	9,510
Gross amount carried at end of period, land and improvements	11,300
Gross amount carried at end of period, buildings and improvements	33,324
Gross amount carried at end of period, total	44,624
Accumulated depreciation	10,955
Traverse City, MI | Bison Hollow
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	7,408
Initial cost of land	5,550
Initial cost of buildings and improvements	12,324
Adjustments to basis	57
Gross amount carried at end of period, land and improvements	5,550
Gross amount carried at end of period, buildings and improvements	12,381
Gross amount carried at end of period, total	17,931
Accumulated depreciation	4,377
Largo, MD | Boulevard at The Capital Centre
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	114,703
Adjustments to basis	-29,779
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	84,924
Gross amount carried at end of period, total	84,924
Accumulated depreciation	20,913
Pawtucket, RI | Boulevard Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,375
Initial cost of land	4,170
Initial cost of buildings and improvements	12,038
Adjustments to basis	3,107
Gross amount carried at end of period, land and improvements	4,170
Gross amount carried at end of period, buildings and improvements	15,145
Gross amount carried at end of period, total	19,315
Accumulated depreciation	5,337
Pawtucket, RI | Cottage Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,736
Initial cost of land	3,000
Initial cost of buildings and improvements	19,158
Adjustments to basis	197
Gross amount carried at end of period, land and improvements	3,000
Gross amount carried at end of period, buildings and improvements	19,355
Gross amount carried at end of period, total	22,355
Accumulated depreciation	6,993
Bangor, ME | Broadway Shopping Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,002
Initial cost of land	5,500
Initial cost of buildings and improvements	14,002
Adjustments to basis	2,888
Gross amount carried at end of period, land and improvements	5,500
Gross amount carried at end of period, buildings and improvements	16,890
Gross amount carried at end of period, total	22,390
Accumulated depreciation	5,597
Middletown, RI | Brown's Lane
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,940
Initial cost of land	2,600
Initial cost of buildings and improvements	12,005
Adjustments to basis	1,213
Gross amount carried at end of period, land and improvements	2,600
Gross amount carried at end of period, buildings and improvements	13,218
Gross amount carried at end of period, total	15,818
Accumulated depreciation	4,599
Waco, TX | Central Texas Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	45,386
Initial cost of land	13,000
Initial cost of buildings and improvements	47,559
Adjustments to basis	6,463
Gross amount carried at end of period, land and improvements	13,000
Gross amount carried at end of period, buildings and improvements	54,022
Gross amount carried at end of period, total	67,022
Accumulated depreciation	15,258
Laurel, MD | Centre at Laurel
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	19,000
Initial cost of buildings and improvements	8,406
Adjustments to basis	16,948
Gross amount carried at end of period, land and improvements	19,000
Gross amount carried at end of period, buildings and improvements	25,354
Gross amount carried at end of period, total	44,354
Accumulated depreciation	8,012
West Mifflin, PA | Century III Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	7,100
Initial cost of buildings and improvements	33,212
Adjustments to basis	1,711
Gross amount carried at end of period, land and improvements	7,100
Gross amount carried at end of period, buildings and improvements	34,923
Gross amount carried at end of period, total	42,023
Accumulated depreciation	12,029
Chantilly, VA | Chantilly Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	8,500
Initial cost of buildings and improvements	16,060
Adjustments to basis	2,131
Gross amount carried at end of period, land and improvements	8,500
Gross amount carried at end of period, buildings and improvements	18,191
Gross amount carried at end of period, total	26,691
Accumulated depreciation	6,249
Woodridge, IL | Cinemark Seven Bridges
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,940
Initial cost of land	3,450
Initial cost of buildings and improvements	11,728
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	3,450
Gross amount carried at end of period, buildings and improvements	11,728
Gross amount carried at end of period, total	15,178
Accumulated depreciation	4,002
Jacksonville, FL | Citizen's Property Insurance Building
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,150
Initial cost of buildings and improvements	7,601
Adjustments to basis	-6,802
Gross amount carried at end of period, land and improvements	872
Gross amount carried at end of period, buildings and improvements	2,077
Gross amount carried at end of period, total	2,949
Accumulated depreciation	0
Clear Lake, TX | Clearlake Shores
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,775
Initial cost of buildings and improvements	7,026
Adjustments to basis	1,159
Gross amount carried at end of period, land and improvements	1,775
Gross amount carried at end of period, buildings and improvements	8,185
Gross amount carried at end of period, total	9,960
Accumulated depreciation	2,866
Sugar Land, TX | Colony Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	16,700
Initial cost of buildings and improvements	22,775
Adjustments to basis	797
Gross amount carried at end of period, land and improvements	16,700
Gross amount carried at end of period, buildings and improvements	23,572
Gross amount carried at end of period, total	40,272
Accumulated depreciation	7,367
Jackson, TN | The Columns
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	12,351
Initial cost of land	5,830
Initial cost of buildings and improvements	19,439
Adjustments to basis	91
Gross amount carried at end of period, land and improvements	5,830
Gross amount carried at end of period, buildings and improvements	19,530
Gross amount carried at end of period, total	25,360
Accumulated depreciation	7,410
Royal Palm Beach, FL | Commons at Royal Palm
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	6,413
Initial cost of buildings and improvements	9,802
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	6,413
Gross amount carried at end of period, buildings and improvements	9,802
Gross amount carried at end of period, total	16,215
Accumulated depreciation	261
Temecula, CA | The Commons at Temecula
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	25,665
Initial cost of land	12,000
Initial cost of buildings and improvements	35,887
Adjustments to basis	1,572
Gross amount carried at end of period, land and improvements	12,000
Gross amount carried at end of period, buildings and improvements	37,459
Gross amount carried at end of period, total	49,459
Accumulated depreciation	13,013
Temecula, CA | Vail Ranch Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,716
Initial cost of land	6,200
Initial cost of buildings and improvements	16,275
Adjustments to basis	100
Gross amount carried at end of period, land and improvements	6,200
Gross amount carried at end of period, buildings and improvements	16,375
Gross amount carried at end of period, total	22,575
Accumulated depreciation	5,795
Coppell, TX | Coppell Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,730
Initial cost of land	2,919
Initial cost of buildings and improvements	13,281
Adjustments to basis	38
Gross amount carried at end of period, land and improvements	2,919
Gross amount carried at end of period, buildings and improvements	13,319
Gross amount carried at end of period, total	16,238
Accumulated depreciation	669
Coram, NY | Coram Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	14,061
Initial cost of land	10,200
Initial cost of buildings and improvements	26,178
Adjustments to basis	2,871
Gross amount carried at end of period, land and improvements	10,200
Gross amount carried at end of period, buildings and improvements	29,049
Gross amount carried at end of period, total	39,249
Accumulated depreciation	10,523
New Britain, CT | Corwest Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	14,487
Initial cost of land	6,900
Initial cost of buildings and improvements	23,851
Adjustments to basis	63
Gross amount carried at end of period, land and improvements	6,900
Gross amount carried at end of period, buildings and improvements	23,914
Gross amount carried at end of period, total	30,814
Accumulated depreciation	9,746
New Britain, CT | Shaw's Supermarket
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,700
Initial cost of buildings and improvements	11,532
Adjustments to basis	-11,198
Gross amount carried at end of period, land and improvements	874
Gross amount carried at end of period, buildings and improvements	2,160
Gross amount carried at end of period, total	3,034
Accumulated depreciation	34
Cranberry Township, PA | Cranberry Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	11,021
Initial cost of land	3,000
Initial cost of buildings and improvements	18,736
Adjustments to basis	1,209
Gross amount carried at end of period, land and improvements	3,000
Gross amount carried at end of period, buildings and improvements	19,945
Gross amount carried at end of period, total	22,945
Accumulated depreciation	7,455
Hartford, CT | Crown Theater
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	7,318
Initial cost of buildings and improvements	954
Adjustments to basis	-60
Gross amount carried at end of period, land and improvements	7,258
Gross amount carried at end of period, buildings and improvements	954
Gross amount carried at end of period, total	8,212
Accumulated depreciation	602
Cuyahoga Falls, OH | Cuyahoga Falls Market Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,658
Initial cost of land	3,350
Initial cost of buildings and improvements	11,083
Adjustments to basis	517
Gross amount carried at end of period, land and improvements	3,350
Gross amount carried at end of period, buildings and improvements	11,600
Gross amount carried at end of period, total	14,950
Accumulated depreciation	4,045
Burleson, TX | CVS Pharmacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,654
Initial cost of land	910
Initial cost of buildings and improvements	2,891
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	910
Gross amount carried at end of period, buildings and improvements	2,891
Gross amount carried at end of period, total	3,801
Accumulated depreciation	1,007
Edmond, OK | CVS Pharmacy (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,233
Initial cost of land	975
Initial cost of buildings and improvements	2,400
Adjustments to basis	2
Gross amount carried at end of period, land and improvements	975
Gross amount carried at end of period, buildings and improvements	2,402
Gross amount carried at end of period, total	3,377
Accumulated depreciation	979
Lawton, OK | CVS Pharmacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,162
Initial cost of land	750
Initial cost of buildings and improvements	1,958
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	750
Gross amount carried at end of period, buildings and improvements	1,958
Gross amount carried at end of period, total	2,708
Accumulated depreciation	688
Moore, OK | CVS Pharmacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,918
Initial cost of land	600
Initial cost of buildings and improvements	2,659
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	600
Gross amount carried at end of period, buildings and improvements	2,659
Gross amount carried at end of period, total	3,259
Accumulated depreciation	942
Norman, OK | CVS Pharmacy (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,515
Initial cost of land	932
Initial cost of buildings and improvements	4,370
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	932
Gross amount carried at end of period, buildings and improvements	4,370
Gross amount carried at end of period, total	5,302
Accumulated depreciation	1,796
Oklahoma City, OK | CVS Pharmacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,852
Initial cost of land	620
Initial cost of buildings and improvements	3,583
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	620
Gross amount carried at end of period, buildings and improvements	3,583
Gross amount carried at end of period, total	4,203
Accumulated depreciation	1,248
Oklahoma City, OK | The Village at Quail Springs
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,225
Initial cost of land	3,335
Initial cost of buildings and improvements	7,766
Adjustments to basis	245
Gross amount carried at end of period, land and improvements	3,335
Gross amount carried at end of period, buildings and improvements	8,011
Gross amount carried at end of period, total	11,346
Accumulated depreciation	2,839
Saginaw, TX | CVS Pharmacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,627
Initial cost of land	1,100
Initial cost of buildings and improvements	3,254
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,100
Gross amount carried at end of period, buildings and improvements	3,254
Gross amount carried at end of period, total	4,354
Accumulated depreciation	1,163
Sylacauga, AL | CVS Pharmacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,775
Initial cost of land	600
Initial cost of buildings and improvements	2,469
Adjustments to basis	3
Gross amount carried at end of period, land and improvements	600
Gross amount carried at end of period, buildings and improvements	2,472
Gross amount carried at end of period, total	3,072
Accumulated depreciation	922
Cypress, TX | Cypress Mill Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,444
Initial cost of land	4,962
Initial cost of buildings and improvements	9,976
Adjustments to basis	81
Gross amount carried at end of period, land and improvements	4,962
Gross amount carried at end of period, buildings and improvements	10,057
Gross amount carried at end of period, total	15,019
Accumulated depreciation	575
North Richland Hills, TX | Davis Towne Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,850
Initial cost of buildings and improvements	5,681
Adjustments to basis	1,154
Gross amount carried at end of period, land and improvements	1,671
Gross amount carried at end of period, buildings and improvements	7,014
Gross amount carried at end of period, total	8,685
Accumulated depreciation	2,507
Denton, TX | Denton Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	27,267
Initial cost of land	6,000
Initial cost of buildings and improvements	43,434
Adjustments to basis	11,563
Gross amount carried at end of period, land and improvements	6,000
Gross amount carried at end of period, buildings and improvements	54,997
Gross amount carried at end of period, total	60,997
Accumulated depreciation	20,152
Spartanburg, SC | Dorman Center I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	20,574
Initial cost of land	17,025
Initial cost of buildings and improvements	29,478
Adjustments to basis	1,003
Gross amount carried at end of period, land and improvements	17,025
Gross amount carried at end of period, buildings and improvements	30,481
Gross amount carried at end of period, total	47,506
Accumulated depreciation	12,298
Kingsport, TN | East Stone Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,900
Initial cost of buildings and improvements	28,714
Adjustments to basis	-765
Gross amount carried at end of period, land and improvements	2,826
Gross amount carried at end of period, buildings and improvements	28,023
Gross amount carried at end of period, total	30,849
Accumulated depreciation	8,644
Lansing, MI | Eastwood Towne Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	21,865
Initial cost of land	12,000
Initial cost of buildings and improvements	65,067
Adjustments to basis	3,126
Gross amount carried at end of period, land and improvements	12,000
Gross amount carried at end of period, buildings and improvements	68,193
Gross amount carried at end of period, total	80,193
Accumulated depreciation	25,512
Homewood, AL | Edgemont Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	6,508
Initial cost of land	3,500
Initial cost of buildings and improvements	10,956
Adjustments to basis	268
Gross amount carried at end of period, land and improvements	3,500
Gross amount carried at end of period, buildings and improvements	11,224
Gross amount carried at end of period, total	14,724
Accumulated depreciation	4,131
Fresno, CA | Edwards Multiplex
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	9,501
Initial cost of land	0
Initial cost of buildings and improvements	35,421
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	35,421
Gross amount carried at end of period, total	35,421
Accumulated depreciation	12,554
Ontario, CA | Edwards Multiplex
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	13,728
Initial cost of land	11,800
Initial cost of buildings and improvements	33,098
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	11,800
Gross amount carried at end of period, buildings and improvements	33,098
Gross amount carried at end of period, total	44,898
Accumulated depreciation	11,730
Evans, GA | Evans Towne Centre
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,275
Initial cost of land	1,700
Initial cost of buildings and improvements	6,425
Adjustments to basis	632
Gross amount carried at end of period, land and improvements	1,700
Gross amount carried at end of period, buildings and improvements	7,057
Gross amount carried at end of period, total	8,757
Accumulated depreciation	2,459
Middletown, NY | Fairgrounds Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	4,800
Initial cost of buildings and improvements	13,490
Adjustments to basis	4,391
Gross amount carried at end of period, land and improvements	5,431
Gross amount carried at end of period, buildings and improvements	17,250
Gross amount carried at end of period, total	22,681
Accumulated depreciation	6,070
Simpsonville, SC | Five Forks
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,540
Initial cost of buildings and improvements	6,393
Adjustments to basis	458
Gross amount carried at end of period, land and improvements	2,540
Gross amount carried at end of period, buildings and improvements	6,851
Gross amount carried at end of period, total	9,391
Accumulated depreciation	2,433
Number of real estate properties	1
Bronx, NY | Fordham Place
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	17,209
Initial cost of buildings and improvements	96,547
Adjustments to basis	31
Gross amount carried at end of period, land and improvements	17,209
Gross amount carried at end of period, buildings and improvements	96,578
Gross amount carried at end of period, total	113,787
Accumulated depreciation	4,102
Easton, PA | Forks Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,219
Initial cost of land	2,430
Initial cost of buildings and improvements	14,836
Adjustments to basis	711
Gross amount carried at end of period, land and improvements	2,430
Gross amount carried at end of period, buildings and improvements	15,547
Gross amount carried at end of period, total	17,977
Accumulated depreciation	5,924
Longmont, CO | Fox Creek Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	9,025
Initial cost of land	3,755
Initial cost of buildings and improvements	15,563
Adjustments to basis	-1,013
Gross amount carried at end of period, land and improvements	3,755
Gross amount carried at end of period, buildings and improvements	14,550
Gross amount carried at end of period, total	18,305
Accumulated depreciation	5,498
Fullerton, CA | Fullerton Metrocenter
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	28,027
Initial cost of land	0
Initial cost of buildings and improvements	47,403
Adjustments to basis	2,019
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	49,422
Gross amount carried at end of period, total	49,422
Accumulated depreciation	18,708
Galveston, TX | Galvez Shopping Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,082
Initial cost of land	1,250
Initial cost of buildings and improvements	4,947
Adjustments to basis	347
Gross amount carried at end of period, land and improvements	1,250
Gross amount carried at end of period, buildings and improvements	5,294
Gross amount carried at end of period, total	6,544
Accumulated depreciation	1,858
Bay Shore, NY | Gardiner Manor Mall
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	37,276
Initial cost of land	12,348
Initial cost of buildings and improvements	56,199
Adjustments to basis	16
Gross amount carried at end of period, land and improvements	12,348
Gross amount carried at end of period, buildings and improvements	56,215
Gross amount carried at end of period, total	68,563
Accumulated depreciation	1,229
Salt Lake City, UT | The Gateway
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	95,853
Initial cost of land	28,665
Initial cost of buildings and improvements	110,945
Adjustments to basis	-63,200
Gross amount carried at end of period, land and improvements	18,163
Gross amount carried at end of period, buildings and improvements	58,247
Gross amount carried at end of period, total	76,410
Accumulated depreciation	885
Avondale, AZ | Gateway Pavilions
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	24,226
Initial cost of land	9,880
Initial cost of buildings and improvements	55,195
Adjustments to basis	1,005
Gross amount carried at end of period, land and improvements	9,880
Gross amount carried at end of period, buildings and improvements	56,200
Gross amount carried at end of period, total	66,080
Accumulated depreciation	20,363
Southlake, TX | Gateway Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	26,371
Adjustments to basis	3,693
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	30,064
Gross amount carried at end of period, total	30,064
Accumulated depreciation	10,957
Southlake, TX | Southlake Corners
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	21,156
Initial cost of land	6,612
Initial cost of buildings and improvements	23,605
Adjustments to basis	25
Gross amount carried at end of period, land and improvements	6,612
Gross amount carried at end of period, buildings and improvements	23,630
Gross amount carried at end of period, total	30,242
Accumulated depreciation	1,173
Southlake, TX | Southlake Town Square I - VII
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	141,519
Initial cost of land	41,490
Initial cost of buildings and improvements	193,391
Adjustments to basis	21,054
Gross amount carried at end of period, land and improvements	41,490
Gross amount carried at end of period, buildings and improvements	214,445
Gross amount carried at end of period, total	255,935
Accumulated depreciation	67,367
College Station, TX | Gateway Station
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,950
Initial cost of land	1,050
Initial cost of buildings and improvements	3,911
Adjustments to basis	1,043
Gross amount carried at end of period, land and improvements	1,050
Gross amount carried at end of period, buildings and improvements	4,954
Gross amount carried at end of period, total	6,004
Accumulated depreciation	1,803
College Station, TX | Gateway Station II & III
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,280
Initial cost of buildings and improvements	11,557
Adjustments to basis	44
Gross amount carried at end of period, land and improvements	3,280
Gross amount carried at end of period, buildings and improvements	11,601
Gross amount carried at end of period, total	14,881
Accumulated depreciation	2,826
Annapolis, MD | Gateway Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	36,377
Initial cost of land	8,550
Initial cost of buildings and improvements	39,298
Adjustments to basis	4,283
Gross amount carried at end of period, land and improvements	8,550
Gross amount carried at end of period, buildings and improvements	43,581
Gross amount carried at end of period, total	52,131
Accumulated depreciation	16,431
Oswego, IL | Gerry Centennial Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	5,370
Initial cost of buildings and improvements	12,968
Adjustments to basis	9,060
Gross amount carried at end of period, land and improvements	5,370
Gross amount carried at end of period, buildings and improvements	22,028
Gross amount carried at end of period, total	27,398
Accumulated depreciation	5,762
Oswego, IL | Oswego Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	21,000
Initial cost of land	6,454
Initial cost of buildings and improvements	16,004
Adjustments to basis	24
Gross amount carried at end of period, land and improvements	6,454
Gross amount carried at end of period, buildings and improvements	16,028
Gross amount carried at end of period, total	22,482
Accumulated depreciation	434
Altamonte Springs, FL | Golfsmith
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,250
Initial cost of buildings and improvements	2,974
Adjustments to basis	2
Gross amount carried at end of period, land and improvements	1,250
Gross amount carried at end of period, buildings and improvements	2,976
Gross amount carried at end of period, total	4,226
Accumulated depreciation	954
Tallahassee, FL | Governor's Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	30,377
Adjustments to basis	3,020
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	33,397
Gross amount carried at end of period, total	33,397
Accumulated depreciation	12,549
Grapevine, TX | Grapevine Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	11,119
Initial cost of land	4,100
Initial cost of buildings and improvements	16,938
Adjustments to basis	153
Gross amount carried at end of period, land and improvements	3,894
Gross amount carried at end of period, buildings and improvements	17,297
Gross amount carried at end of period, total	21,191
Accumulated depreciation	6,073
Cumming, GA | Green's Corner
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,320
Initial cost of land	3,200
Initial cost of buildings and improvements	8,663
Adjustments to basis	236
Gross amount carried at end of period, land and improvements	3,200
Gross amount carried at end of period, buildings and improvements	8,899
Gross amount carried at end of period, total	12,099
Accumulated depreciation	3,244
Greensburg, IN | Greensburg Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,250
Initial cost of land	2,700
Initial cost of buildings and improvements	19,080
Adjustments to basis	575
Gross amount carried at end of period, land and improvements	2,700
Gross amount carried at end of period, buildings and improvements	19,655
Gross amount carried at end of period, total	22,355
Accumulated depreciation	6,840
Gurnee, IL | Gurnee Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	15,106
Initial cost of land	7,000
Initial cost of buildings and improvements	35,147
Adjustments to basis	4,090
Gross amount carried at end of period, land and improvements	7,000
Gross amount carried at end of period, buildings and improvements	39,237
Gross amount carried at end of period, total	46,237
Accumulated depreciation	14,082
Maple Grove, MN | Hartford Insurance Building
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,700
Initial cost of buildings and improvements	13,709
Adjustments to basis	-10,437
Gross amount carried at end of period, land and improvements	788
Gross amount carried at end of period, buildings and improvements	4,184
Gross amount carried at end of period, total	4,972
Accumulated depreciation	0
Knoxville, TN | Harvest Towne Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,155
Initial cost of buildings and improvements	5,085
Adjustments to basis	-137
Gross amount carried at end of period, land and improvements	2,963
Gross amount carried at end of period, buildings and improvements	5,140
Gross amount carried at end of period, total	8,103
Accumulated depreciation	1,871
Knoxville, TN | Traveler's Office Building
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	650
Initial cost of buildings and improvements	7,001
Adjustments to basis	822
Gross amount carried at end of period, land and improvements	1,079
Gross amount carried at end of period, buildings and improvements	7,394
Gross amount carried at end of period, total	8,473
Accumulated depreciation	2,362
McDonough, GA | Henry Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	10,650
Initial cost of buildings and improvements	46,814
Adjustments to basis	6,637
Gross amount carried at end of period, land and improvements	10,650
Gross amount carried at end of period, buildings and improvements	53,451
Gross amount carried at end of period, total	64,101
Accumulated depreciation	17,590
Issaquah, WA | Heritage Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	6,377
Initial cost of buildings and improvements	11,385
Adjustments to basis	191
Gross amount carried at end of period, land and improvements	6,377
Gross amount carried at end of period, buildings and improvements	11,576
Gross amount carried at end of period, total	17,953
Accumulated depreciation	381
Euless, TX | Heritage Towne Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,120
Initial cost of land	3,065
Initial cost of buildings and improvements	10,729
Adjustments to basis	1,413
Gross amount carried at end of period, land and improvements	3,065
Gross amount carried at end of period, buildings and improvements	12,142
Gross amount carried at end of period, total	15,207
Accumulated depreciation	4,744
Hickory, NC | Hickory Ridge
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	19,286
Initial cost of land	6,860
Initial cost of buildings and improvements	33,323
Adjustments to basis	542
Gross amount carried at end of period, land and improvements	6,860
Gross amount carried at end of period, buildings and improvements	33,865
Gross amount carried at end of period, total	40,725
Accumulated depreciation	12,485
High Ridge, MO | High Ridge Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,940
Initial cost of land	3,075
Initial cost of buildings and improvements	9,148
Adjustments to basis	-213
Gross amount carried at end of period, land and improvements	3,075
Gross amount carried at end of period, buildings and improvements	8,935
Gross amount carried at end of period, total	12,010
Accumulated depreciation	3,215
Duncansville, PA | Holliday Towne Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	7,790
Initial cost of land	2,200
Initial cost of buildings and improvements	11,609
Adjustments to basis	-333
Gross amount carried at end of period, land and improvements	2,200
Gross amount carried at end of period, buildings and improvements	11,276
Gross amount carried at end of period, total	13,476
Accumulated depreciation	4,173
Pittsburgh, PA | Home Depot Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	16,758
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	16,758
Gross amount carried at end of period, total	16,758
Accumulated depreciation	5,836
Orange, CT | Home Depot Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,750
Initial cost of land	9,700
Initial cost of buildings and improvements	17,137
Adjustments to basis	1,666
Gross amount carried at end of period, land and improvements	9,700
Gross amount carried at end of period, buildings and improvements	18,803
Gross amount carried at end of period, total	28,503
Accumulated depreciation	6,291
Orange, CT | Orange Plaza (Golfland Plaza)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	4,350
Initial cost of buildings and improvements	4,834
Adjustments to basis	2,386
Gross amount carried at end of period, land and improvements	4,350
Gross amount carried at end of period, buildings and improvements	7,220
Gross amount carried at end of period, total	11,570
Accumulated depreciation	2,199
Humble, TX | Humblewood Shopping Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	6,430
Initial cost of land	2,200
Initial cost of buildings and improvements	12,823
Adjustments to basis	28
Gross amount carried at end of period, land and improvements	2,200
Gross amount carried at end of period, buildings and improvements	12,851
Gross amount carried at end of period, total	15,051
Accumulated depreciation	4,281
Irmo, SC | Irmo Station
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,035
Initial cost of land	2,600
Initial cost of buildings and improvements	9,247
Adjustments to basis	1,090
Gross amount carried at end of period, land and improvements	2,579
Gross amount carried at end of period, buildings and improvements	10,358
Gross amount carried at end of period, total	12,937
Accumulated depreciation	3,569
Newport News, VA | Jefferson Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	56,033
Initial cost of land	23,097
Initial cost of buildings and improvements	52,762
Adjustments to basis	1,131
Gross amount carried at end of period, land and improvements	23,097
Gross amount carried at end of period, buildings and improvements	53,893
Gross amount carried at end of period, total	76,990
Accumulated depreciation	13,514
John's Creek, GA | John's Creek Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	21,637
Initial cost of land	14,446
Initial cost of buildings and improvements	23,932
Adjustments to basis	-19
Gross amount carried at end of period, land and improvements	14,446
Gross amount carried at end of period, buildings and improvements	23,913
Gross amount carried at end of period, total	38,359
Accumulated depreciation	574
Seekonk, MA | King Philip's Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,301
Initial cost of land	3,710
Initial cost of buildings and improvements	19,144
Adjustments to basis	-150
Gross amount carried at end of period, land and improvements	3,710
Gross amount carried at end of period, buildings and improvements	18,994
Gross amount carried at end of period, total	22,704
Accumulated depreciation	6,328
Lake Mary, FL | Lake Mary Pointe
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,650
Initial cost of land	2,075
Initial cost of buildings and improvements	4,009
Adjustments to basis	92
Gross amount carried at end of period, land and improvements	2,065
Gross amount carried at end of period, buildings and improvements	4,111
Gross amount carried at end of period, total	6,176
Accumulated depreciation	1,532
Lake Worth, TX | Lake Worth Towne Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	6,200
Initial cost of buildings and improvements	30,910
Adjustments to basis	4,913
Gross amount carried at end of period, land and improvements	6,200
Gross amount carried at end of period, buildings and improvements	35,823
Gross amount carried at end of period, total	42,023
Accumulated depreciation	10,874
Lewisville, TX | Lakepointe Towne Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	4,750
Initial cost of buildings and improvements	23,904
Adjustments to basis	2,718
Gross amount carried at end of period, land and improvements	4,750
Gross amount carried at end of period, buildings and improvements	26,622
Gross amount carried at end of period, total	31,372
Accumulated depreciation	8,867
Lakewood, WA | Lakewood Towne Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	12,555
Initial cost of buildings and improvements	74,612
Adjustments to basis	-14,276
Gross amount carried at end of period, land and improvements	12,555
Gross amount carried at end of period, buildings and improvements	60,336
Gross amount carried at end of period, total	72,891
Accumulated depreciation	22,221
Dallas, TX | Lincoln Park
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	26,556
Initial cost of land	38,329
Initial cost of buildings and improvements	17,772
Adjustments to basis	56
Gross amount carried at end of period, land and improvements	38,329
Gross amount carried at end of period, buildings and improvements	17,828
Gross amount carried at end of period, total	56,157
Accumulated depreciation	404
Worcester, MA | Lincoln Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	38,533
Initial cost of land	13,000
Initial cost of buildings and improvements	46,482
Adjustments to basis	22,548
Gross amount carried at end of period, land and improvements	13,110
Gross amount carried at end of period, buildings and improvements	68,920
Gross amount carried at end of period, total	82,030
Accumulated depreciation	22,377
Bluffton, SC | Low Country Village I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,910
Initial cost of buildings and improvements	16,614
Adjustments to basis	-376
Gross amount carried at end of period, land and improvements	2,486
Gross amount carried at end of period, buildings and improvements	16,662
Gross amount carried at end of period, total	19,148
Accumulated depreciation	6,282
Butler, NJ | Lowe's/Bed, Bath & Beyond
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	12,863
Initial cost of land	7,423
Initial cost of buildings and improvements	799
Adjustments to basis	-8
Gross amount carried at end of period, land and improvements	7,415
Gross amount carried at end of period, buildings and improvements	799
Gross amount carried at end of period, total	8,214
Accumulated depreciation	497
Los Colinas, TX | MacArthur Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	6,799
Initial cost of land	4,710
Initial cost of buildings and improvements	16,265
Adjustments to basis	1,857
Gross amount carried at end of period, land and improvements	4,710
Gross amount carried at end of period, buildings and improvements	18,122
Gross amount carried at end of period, total	22,832
Accumulated depreciation	7,071
Town and Country, MO | Manchester Meadows
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	14,700
Initial cost of buildings and improvements	39,738
Adjustments to basis	1,257
Gross amount carried at end of period, land and improvements	14,700
Gross amount carried at end of period, buildings and improvements	40,995
Gross amount carried at end of period, total	55,695
Accumulated depreciation	15,220
Mansfield, TX | Mansfield Towne Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,300
Initial cost of buildings and improvements	12,195
Adjustments to basis	3,623
Gross amount carried at end of period, land and improvements	3,300
Gross amount carried at end of period, buildings and improvements	15,818
Gross amount carried at end of period, total	19,118
Accumulated depreciation	5,809
Williston, VT | Maple Tree Place
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	28,000
Initial cost of buildings and improvements	67,361
Adjustments to basis	4,748
Gross amount carried at end of period, land and improvements	28,000
Gross amount carried at end of period, buildings and improvements	72,109
Gross amount carried at end of period, total	100,109
Accumulated depreciation	25,278
Massillon, OH | Massillon Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	6,983
Initial cost of land	4,090
Initial cost of buildings and improvements	12,521
Adjustments to basis	473
Gross amount carried at end of period, land and improvements	4,090
Gross amount carried at end of period, buildings and improvements	12,994
Gross amount carried at end of period, total	17,084
Accumulated depreciation	4,637
McAllen, TX | McAllen Shopping Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,543
Initial cost of land	850
Initial cost of buildings and improvements	2,958
Adjustments to basis	-112
Gross amount carried at end of period, land and improvements	850
Gross amount carried at end of period, buildings and improvements	2,846
Gross amount carried at end of period, total	3,696
Accumulated depreciation	1,047
McAllen, TX | Trenton Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	16,246
Initial cost of land	8,180
Initial cost of buildings and improvements	19,262
Adjustments to basis	3,181
Gross amount carried at end of period, land and improvements	8,180
Gross amount carried at end of period, buildings and improvements	22,443
Gross amount carried at end of period, total	30,623
Accumulated depreciation	7,933
Poughkeepsie, NY | Mid-Hudson Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	9,900
Initial cost of buildings and improvements	29,160
Adjustments to basis	21
Gross amount carried at end of period, land and improvements	9,900
Gross amount carried at end of period, buildings and improvements	29,181
Gross amount carried at end of period, total	39,081
Accumulated depreciation	10,078
New Port Richey, FL | Mitchell Ranch Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	5,550
Initial cost of buildings and improvements	26,213
Adjustments to basis	505
Gross amount carried at end of period, land and improvements	5,550
Gross amount carried at end of period, buildings and improvements	26,718
Gross amount carried at end of period, total	32,268
Accumulated depreciation	10,086
Kalispell, MT | Mountain View Plaza I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	5,180
Initial cost of buildings and improvements	18,212
Adjustments to basis	674
Gross amount carried at end of period, land and improvements	5,120
Gross amount carried at end of period, buildings and improvements	18,946
Gross amount carried at end of period, total	24,066
Accumulated depreciation	6,105
Houston, TX | New Forest Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,938
Initial cost of land	4,390
Initial cost of buildings and improvements	11,313
Adjustments to basis	-6
Gross amount carried at end of period, land and improvements	4,390
Gross amount carried at end of period, buildings and improvements	11,307
Gross amount carried at end of period, total	15,697
Accumulated depreciation	647
Houston, TX | Royal Oaks Village II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,200
Initial cost of buildings and improvements	11,859
Adjustments to basis	-190
Gross amount carried at end of period, land and improvements	2,200
Gross amount carried at end of period, buildings and improvements	11,669
Gross amount carried at end of period, total	13,869
Accumulated depreciation	3,928
Houston, TX | Sawyer Heights Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	18,884
Initial cost of land	24,214
Initial cost of buildings and improvements	15,797
Adjustments to basis	263
Gross amount carried at end of period, land and improvements	24,214
Gross amount carried at end of period, buildings and improvements	16,060
Gross amount carried at end of period, total	40,274
Accumulated depreciation	827
Houston, TX | Streets of Yorktown
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,440
Initial cost of buildings and improvements	22,111
Adjustments to basis	2,881
Gross amount carried at end of period, land and improvements	3,440
Gross amount carried at end of period, buildings and improvements	24,992
Gross amount carried at end of period, total	28,432
Accumulated depreciation	8,181
Newnan, GA | Newnan Crossing I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	15,100
Initial cost of buildings and improvements	33,987
Adjustments to basis	5,139
Gross amount carried at end of period, land and improvements	15,100
Gross amount carried at end of period, buildings and improvements	39,126
Gross amount carried at end of period, total	54,226
Accumulated depreciation	14,804
Covington, GA | Newton Crossroads
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,753
Initial cost of land	3,350
Initial cost of buildings and improvements	6,927
Adjustments to basis	162
Gross amount carried at end of period, land and improvements	3,350
Gross amount carried at end of period, buildings and improvements	7,089
Gross amount carried at end of period, total	10,439
Accumulated depreciation	2,543
Charleston, SC | North Rivers Towne Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	10,071
Initial cost of land	3,350
Initial cost of buildings and improvements	15,720
Adjustments to basis	320
Gross amount carried at end of period, land and improvements	3,350
Gross amount carried at end of period, buildings and improvements	16,040
Gross amount carried at end of period, total	19,390
Accumulated depreciation	6,244
Seattle, WA | Northgate North
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	27,281
Initial cost of land	7,540
Initial cost of buildings and improvements	49,078
Adjustments to basis	-14,642
Gross amount carried at end of period, land and improvements	7,540
Gross amount carried at end of period, buildings and improvements	34,436
Gross amount carried at end of period, total	41,976
Accumulated depreciation	13,481
Spokane, WA | Northpointe Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	23,276
Initial cost of land	13,800
Initial cost of buildings and improvements	37,707
Adjustments to basis	4,264
Gross amount carried at end of period, land and improvements	13,800
Gross amount carried at end of period, buildings and improvements	41,971
Gross amount carried at end of period, total	55,771
Accumulated depreciation	15,782
Northport, AL | Northwood Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,770
Initial cost of buildings and improvements	13,658
Adjustments to basis	1,159
Gross amount carried at end of period, land and improvements	3,770
Gross amount carried at end of period, buildings and improvements	14,817
Gross amount carried at end of period, total	18,587
Accumulated depreciation	4,759
Wesley Chapel, FL | Northwoods Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,550
Initial cost of land	3,415
Initial cost of buildings and improvements	9,475
Adjustments to basis	6,396
Gross amount carried at end of period, land and improvements	3,415
Gross amount carried at end of period, buildings and improvements	15,871
Gross amount carried at end of period, total	19,286
Accumulated depreciation	5,732
New Hartford, NY | The Orchard
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	11,669
Initial cost of land	3,200
Initial cost of buildings and improvements	17,151
Adjustments to basis	102
Gross amount carried at end of period, land and improvements	3,200
Gross amount carried at end of period, buildings and improvements	17,253
Gross amount carried at end of period, total	20,453
Accumulated depreciation	5,887
Gilroy, CA | Pacheco Pass Phase I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	13,420
Initial cost of buildings and improvements	32,784
Adjustments to basis	-25
Gross amount carried at end of period, land and improvements	13,400
Gross amount carried at end of period, buildings and improvements	32,779
Gross amount carried at end of period, total	46,179
Accumulated depreciation	10,146
Fort Myers, FL | Page Field Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	43,355
Adjustments to basis	1,111
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	44,466
Gross amount carried at end of period, total	44,466
Accumulated depreciation	14,507
Phoenix, AZ | Paradise Valley Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	9,216
Initial cost of land	6,590
Initial cost of buildings and improvements	20,425
Adjustments to basis	528
Gross amount carried at end of period, land and improvements	6,590
Gross amount carried at end of period, buildings and improvements	20,953
Gross amount carried at end of period, total	27,543
Accumulated depreciation	8,233
Frisco, TX | Parkway Towne Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	6,142
Initial cost of buildings and improvements	20,423
Adjustments to basis	5,036
Gross amount carried at end of period, land and improvements	6,142
Gross amount carried at end of period, buildings and improvements	25,459
Gross amount carried at end of period, total	31,601
Accumulated depreciation	8,010
Concord, NC | Pavillion at Kings Grant I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	10,274
Initial cost of buildings and improvements	12,392
Adjustments to basis	11,872
Gross amount carried at end of period, land and improvements	10,274
Gross amount carried at end of period, buildings and improvements	24,264
Gross amount carried at end of period, total	34,538
Accumulated depreciation	7,461
Pelham Manor, NY | Pelham Manor Shopping Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	67,870
Adjustments to basis	76
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	67,946
Gross amount carried at end of period, total	67,946
Accumulated depreciation	3,175
Peoria, AZ | Peoria Crossings I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	24,131
Initial cost of land	6,995
Initial cost of buildings and improvements	32,816
Adjustments to basis	3,869
Gross amount carried at end of period, land and improvements	8,495
Gross amount carried at end of period, buildings and improvements	35,185
Gross amount carried at end of period, total	43,680
Accumulated depreciation	13,624
Phenix City, AL | Phenix Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,180
Initial cost of land	2,600
Initial cost of buildings and improvements	6,776
Adjustments to basis	321
Gross amount carried at end of period, land and improvements	2,600
Gross amount carried at end of period, buildings and improvements	7,097
Gross amount carried at end of period, total	9,697
Accumulated depreciation	2,615
Lawrence, KS | Pine Ridge Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	5,000
Initial cost of buildings and improvements	19,802
Adjustments to basis	2,897
Gross amount carried at end of period, land and improvements	5,000
Gross amount carried at end of period, buildings and improvements	22,699
Gross amount carried at end of period, total	27,699
Accumulated depreciation	8,389
Placentia, CA | Placentia Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	11,116
Initial cost of land	11,200
Initial cost of buildings and improvements	11,751
Adjustments to basis	1,674
Gross amount carried at end of period, land and improvements	11,200
Gross amount carried at end of period, buildings and improvements	13,425
Gross amount carried at end of period, total	24,625
Accumulated depreciation	4,664
Marysville, WA | Plaza at Marysville
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,996
Initial cost of land	6,600
Initial cost of buildings and improvements	13,728
Adjustments to basis	845
Gross amount carried at end of period, land and improvements	6,600
Gross amount carried at end of period, buildings and improvements	14,573
Gross amount carried at end of period, total	21,173
Accumulated depreciation	5,373
Santa Fe, NM | Plaza Santa Fe II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	28,588
Adjustments to basis	3,199
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	31,787
Gross amount carried at end of period, total	31,787
Accumulated depreciation	12,005
Cedar Hill, TX | Pleasant Run
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	13,776
Initial cost of land	4,200
Initial cost of buildings and improvements	29,085
Adjustments to basis	3,244
Gross amount carried at end of period, land and improvements	4,200
Gross amount carried at end of period, buildings and improvements	32,329
Gross amount carried at end of period, total	36,529
Accumulated depreciation	11,552
Quakertown, PA | Quakertown
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	7,737
Initial cost of land	2,400
Initial cost of buildings and improvements	9,246
Adjustments to basis	15
Gross amount carried at end of period, land and improvements	2,400
Gross amount carried at end of period, buildings and improvements	9,261
Gross amount carried at end of period, total	11,661
Accumulated depreciation	3,168
Brooklyn Park, MN | Rasmussen College
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	850
Initial cost of buildings and improvements	4,049
Adjustments to basis	-344
Gross amount carried at end of period, land and improvements	500
Gross amount carried at end of period, buildings and improvements	4,055
Gross amount carried at end of period, total	4,555
Accumulated depreciation	1,399
Winter Springs, FL | Red Bug Village
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,790
Initial cost of buildings and improvements	6,178
Adjustments to basis	174
Gross amount carried at end of period, land and improvements	1,790
Gross amount carried at end of period, buildings and improvements	6,352
Gross amount carried at end of period, total	8,142
Accumulated depreciation	2,211
Baltimore, MD | Reisterstown Road Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	46,250
Initial cost of land	15,800
Initial cost of buildings and improvements	70,372
Adjustments to basis	13,046
Gross amount carried at end of period, land and improvements	15,791
Gross amount carried at end of period, buildings and improvements	83,427
Gross amount carried at end of period, total	99,218
Accumulated depreciation	30,426
Amherst, NY | Rite Aid Store (Eckerd), Sheridan Dr.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,903
Initial cost of land	2,000
Initial cost of buildings and improvements	2,722
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	2,000
Gross amount carried at end of period, buildings and improvements	2,722
Gross amount carried at end of period, total	4,722
Accumulated depreciation	915
Amherst, NY | Rite Aid Store (Eckerd), Transit Rd.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,243
Initial cost of land	2,500
Initial cost of buildings and improvements	2,764
Adjustments to basis	2
Gross amount carried at end of period, land and improvements	2,500
Gross amount carried at end of period, buildings and improvements	2,766
Gross amount carried at end of period, total	5,266
Accumulated depreciation	929
Batavia, NY | Rite Aid Store (Eckerd), E. Main St.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,855
Initial cost of land	1,860
Initial cost of buildings and improvements	2,786
Adjustments to basis	19
Gross amount carried at end of period, land and improvements	1,860
Gross amount carried at end of period, buildings and improvements	2,805
Gross amount carried at end of period, total	4,665
Accumulated depreciation	939
Batavia, NY | Rite Aid Store (Eckerd), W. Main St.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,547
Initial cost of land	1,510
Initial cost of buildings and improvements	2,627
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,510
Gross amount carried at end of period, buildings and improvements	2,627
Gross amount carried at end of period, total	4,137
Accumulated depreciation	883
Buffalo, NY | Rite Aid Store (Eckerd), Ferry St.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,198
Initial cost of land	900
Initial cost of buildings and improvements	2,677
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	900
Gross amount carried at end of period, buildings and improvements	2,677
Gross amount carried at end of period, total	3,577
Accumulated depreciation	899
Buffalo, NY | Rite Aid Store (Eckerd), Main St.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,174
Initial cost of land	1,340
Initial cost of buildings and improvements	2,192
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,340
Gross amount carried at end of period, buildings and improvements	2,192
Gross amount carried at end of period, total	3,532
Accumulated depreciation	736
Canandaigua, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,091
Initial cost of land	1,968
Initial cost of buildings and improvements	2,575
Adjustments to basis	1
Gross amount carried at end of period, land and improvements	1,968
Gross amount carried at end of period, buildings and improvements	2,576
Gross amount carried at end of period, total	4,544
Accumulated depreciation	866
Canandaigua, NY | Tim Horton Donut Shop
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	212
Initial cost of buildings and improvements	30
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	212
Gross amount carried at end of period, buildings and improvements	30
Gross amount carried at end of period, total	242
Accumulated depreciation	19
Chattanooga, TN | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,673
Initial cost of land	750
Initial cost of buildings and improvements	2,042
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	750
Gross amount carried at end of period, buildings and improvements	2,042
Gross amount carried at end of period, total	2,792
Accumulated depreciation	711
Cheektowaga, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,117
Initial cost of land	2,080
Initial cost of buildings and improvements	1,393
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	2,080
Gross amount carried at end of period, buildings and improvements	1,393
Gross amount carried at end of period, total	3,473
Accumulated depreciation	468
Colesville, MD | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,088
Initial cost of land	3,000
Initial cost of buildings and improvements	3,955
Adjustments to basis	22
Gross amount carried at end of period, land and improvements	3,000
Gross amount carried at end of period, buildings and improvements	3,977
Gross amount carried at end of period, total	6,977
Accumulated depreciation	1,402
Columbia, SC | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,663
Initial cost of land	900
Initial cost of buildings and improvements	2,377
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	900
Gross amount carried at end of period, buildings and improvements	2,377
Gross amount carried at end of period, total	3,277
Accumulated depreciation	947
Crossville, TN | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,330
Initial cost of land	600
Initial cost of buildings and improvements	2,033
Adjustments to basis	1
Gross amount carried at end of period, land and improvements	600
Gross amount carried at end of period, buildings and improvements	2,034
Gross amount carried at end of period, total	2,634
Accumulated depreciation	789
Grand Island, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,665
Initial cost of land	900
Initial cost of buildings and improvements	2,475
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	900
Gross amount carried at end of period, buildings and improvements	2,475
Gross amount carried at end of period, total	3,375
Accumulated depreciation	827
Greece, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,926
Initial cost of land	470
Initial cost of buildings and improvements	2,657
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	470
Gross amount carried at end of period, buildings and improvements	2,657
Gross amount carried at end of period, total	3,127
Accumulated depreciation	893
Greer, SC | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,596
Initial cost of land	1,050
Initial cost of buildings and improvements	2,047
Adjustments to basis	1
Gross amount carried at end of period, land and improvements	1,050
Gross amount carried at end of period, buildings and improvements	2,048
Gross amount carried at end of period, total	3,098
Accumulated depreciation	794
Hudson, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,409
Initial cost of land	2,060
Initial cost of buildings and improvements	1,873
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	2,060
Gross amount carried at end of period, buildings and improvements	1,873
Gross amount carried at end of period, total	3,933
Accumulated depreciation	629
Irondequoit, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,850
Initial cost of land	1,940
Initial cost of buildings and improvements	2,736
Adjustments to basis	-27
Gross amount carried at end of period, land and improvements	1,913
Gross amount carried at end of period, buildings and improvements	2,736
Gross amount carried at end of period, total	4,649
Accumulated depreciation	919
Kill Devil Hills, NC | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,900
Initial cost of land	700
Initial cost of buildings and improvements	2,960
Adjustments to basis	1
Gross amount carried at end of period, land and improvements	700
Gross amount carried at end of period, buildings and improvements	2,961
Gross amount carried at end of period, total	3,661
Accumulated depreciation	1,149
Lancaster, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,786
Initial cost of land	1,710
Initial cost of buildings and improvements	1,207
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,710
Gross amount carried at end of period, buildings and improvements	1,207
Gross amount carried at end of period, total	2,917
Accumulated depreciation	405
Lockport, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,716
Initial cost of land	1,650
Initial cost of buildings and improvements	2,788
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,650
Gross amount carried at end of period, buildings and improvements	2,788
Gross amount carried at end of period, total	4,438
Accumulated depreciation	937
North Chili, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,682
Initial cost of land	820
Initial cost of buildings and improvements	1,935
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	820
Gross amount carried at end of period, buildings and improvements	1,935
Gross amount carried at end of period, total	2,755
Accumulated depreciation	650
Olean, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,452
Initial cost of land	1,190
Initial cost of buildings and improvements	2,809
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,190
Gross amount carried at end of period, buildings and improvements	2,809
Gross amount carried at end of period, total	3,999
Accumulated depreciation	944
Rochester, NY | Rite Aid Store (Eckerd), Culver Rd.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,376
Initial cost of land	1,590
Initial cost of buildings and improvements	2,279
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,590
Gross amount carried at end of period, buildings and improvements	2,279
Gross amount carried at end of period, total	3,869
Accumulated depreciation	766
Rochester, NY | Rite Aid Store (Eckerd), Lake Ave.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,210
Initial cost of land	2,220
Initial cost of buildings and improvements	3,025
Adjustments to basis	2
Gross amount carried at end of period, land and improvements	2,220
Gross amount carried at end of period, buildings and improvements	3,027
Gross amount carried at end of period, total	5,247
Accumulated depreciation	1,017
Tonawanda, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,370
Initial cost of land	800
Initial cost of buildings and improvements	3,075
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	800
Gross amount carried at end of period, buildings and improvements	3,075
Gross amount carried at end of period, total	3,875
Accumulated depreciation	1,033
West Seneca, NY | Rite Aid Store (Eckerd), Harlem Rd.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,770
Initial cost of land	2,830
Initial cost of buildings and improvements	1,683
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	2,830
Gross amount carried at end of period, buildings and improvements	1,683
Gross amount carried at end of period, total	4,513
Accumulated depreciation	566
West Seneca, NY | Rite Aid Store (Eckerd), Union Rd.
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	2,394
Initial cost of land	1,610
Initial cost of buildings and improvements	2,300
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	1,610
Gross amount carried at end of period, buildings and improvements	2,300
Gross amount carried at end of period, total	3,910
Accumulated depreciation	773
Yorkshire, NY | Rite Aid Store (Eckerd)
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	1,372
Initial cost of land	810
Initial cost of buildings and improvements	1,434
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	810
Gross amount carried at end of period, buildings and improvements	1,434
Gross amount carried at end of period, total	2,244
Accumulated depreciation	482
Georgetown, TX | Rivery Town Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,900
Initial cost of buildings and improvements	6,814
Adjustments to basis	376
Gross amount carried at end of period, land and improvements	2,900
Gross amount carried at end of period, buildings and improvements	7,190
Gross amount carried at end of period, total	10,090
Accumulated depreciation	2,196
Bethlehem, PA | Saucon Valley Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,550
Initial cost of land	3,200
Initial cost of buildings and improvements	12,642
Adjustments to basis	-554
Gross amount carried at end of period, land and improvements	3,200
Gross amount carried at end of period, buildings and improvements	12,088
Gross amount carried at end of period, total	15,288
Accumulated depreciation	4,117
Mt. Pleasant, SC | Shoppes at Park West
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,320
Initial cost of land	2,240
Initial cost of buildings and improvements	9,357
Adjustments to basis	-51
Gross amount carried at end of period, land and improvements	2,240
Gross amount carried at end of period, buildings and improvements	9,306
Gross amount carried at end of period, total	11,546
Accumulated depreciation	3,511
Severn, MD | The Shoppes at Quarterfield
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	2,190
Initial cost of buildings and improvements	8,840
Adjustments to basis	98
Gross amount carried at end of period, land and improvements	2,190
Gross amount carried at end of period, buildings and improvements	8,938
Gross amount carried at end of period, total	11,128
Accumulated depreciation	3,568
Dallas, GA | Shoppes of New Hope
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,550
Initial cost of land	1,350
Initial cost of buildings and improvements	11,045
Adjustments to basis	-4
Gross amount carried at end of period, land and improvements	1,350
Gross amount carried at end of period, buildings and improvements	11,041
Gross amount carried at end of period, total	12,391
Accumulated depreciation	4,212
Canton, GA | Shoppes of Prominence Point I & II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,650
Initial cost of buildings and improvements	12,652
Adjustments to basis	488
Gross amount carried at end of period, land and improvements	3,650
Gross amount carried at end of period, buildings and improvements	13,140
Gross amount carried at end of period, total	16,790
Accumulated depreciation	4,946
Kansas City, MO | The Shops at Boardwalk
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	5,000
Initial cost of buildings and improvements	30,540
Adjustments to basis	140
Gross amount carried at end of period, land and improvements	5,000
Gross amount carried at end of period, buildings and improvements	30,680
Gross amount carried at end of period, total	35,680
Accumulated depreciation	11,597
Kansas City, MO | Stateline Station
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	6,500
Initial cost of buildings and improvements	23,780
Adjustments to basis	-14,226
Gross amount carried at end of period, land and improvements	3,829
Gross amount carried at end of period, buildings and improvements	12,225
Gross amount carried at end of period, total	16,054
Accumulated depreciation	3,104
Round Rock, TX | Shops at Forest Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,050
Initial cost of buildings and improvements	6,133
Adjustments to basis	261
Gross amount carried at end of period, land and improvements	1,050
Gross amount carried at end of period, buildings and improvements	6,394
Gross amount carried at end of period, total	7,444
Accumulated depreciation	2,270
Plano, TX | The Shops at Legacy
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	8,800
Initial cost of buildings and improvements	108,940
Adjustments to basis	12,982
Gross amount carried at end of period, land and improvements	8,800
Gross amount carried at end of period, buildings and improvements	121,922
Gross amount carried at end of period, total	130,722
Accumulated depreciation	33,683
Plano, TX | Shops at Park Place
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	7,788
Initial cost of land	9,096
Initial cost of buildings and improvements	13,175
Adjustments to basis	521
Gross amount carried at end of period, land and improvements	9,096
Gross amount carried at end of period, buildings and improvements	13,696
Gross amount carried at end of period, total	22,792
Accumulated depreciation	5,889
Heath, OH | Southgate Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,929
Initial cost of land	2,200
Initial cost of buildings and improvements	9,229
Adjustments to basis	950
Gross amount carried at end of period, land and improvements	2,161
Gross amount carried at end of period, buildings and improvements	10,218
Gross amount carried at end of period, total	12,379
Accumulated depreciation	3,374
Acworth, GA | Stilesboro Oaks
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,092
Initial cost of land	2,200
Initial cost of buildings and improvements	9,426
Adjustments to basis	232
Gross amount carried at end of period, land and improvements	2,200
Gross amount carried at end of period, buildings and improvements	9,658
Gross amount carried at end of period, total	11,858
Accumulated depreciation	3,457
McKinney, TX | Stonebridge Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,000
Initial cost of buildings and improvements	5,783
Adjustments to basis	295
Gross amount carried at end of period, land and improvements	1,000
Gross amount carried at end of period, buildings and improvements	6,078
Gross amount carried at end of period, total	7,078
Accumulated depreciation	2,083
Noblesville, IN | Stony Creek I
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	8,550
Initial cost of land	6,735
Initial cost of buildings and improvements	17,564
Adjustments to basis	1,012
Gross amount carried at end of period, land and improvements	6,735
Gross amount carried at end of period, buildings and improvements	18,576
Gross amount carried at end of period, total	25,311
Accumulated depreciation	7,547
Noblesville, IN | Stony Creek II
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,900
Initial cost of buildings and improvements	5,106
Adjustments to basis	54
Gross amount carried at end of period, land and improvements	1,900
Gross amount carried at end of period, buildings and improvements	5,160
Gross amount carried at end of period, total	7,060
Accumulated depreciation	1,727
Austin, TX | Target South Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,430
Initial cost of land	2,300
Initial cost of buildings and improvements	8,760
Adjustments to basis	660
Gross amount carried at end of period, land and improvements	2,300
Gross amount carried at end of period, buildings and improvements	9,420
Gross amount carried at end of period, total	11,720
Accumulated depreciation	3,241
Bel Air, MD | Tollgate Marketplace
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	35,000
Initial cost of land	8,700
Initial cost of buildings and improvements	61,247
Adjustments to basis	2,458
Gross amount carried at end of period, land and improvements	8,700
Gross amount carried at end of period, buildings and improvements	63,705
Gross amount carried at end of period, total	72,405
Accumulated depreciation	24,074
Pottstown, PA | Town Square Plaza
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	16,815
Initial cost of land	9,700
Initial cost of buildings and improvements	18,264
Adjustments to basis	1,639
Gross amount carried at end of period, land and improvements	9,700
Gross amount carried at end of period, buildings and improvements	19,903
Gross amount carried at end of period, total	29,603
Accumulated depreciation	6,526
Towson, MD | Towson Circle
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	9,050
Initial cost of buildings and improvements	17,840
Adjustments to basis	-820
Gross amount carried at end of period, land and improvements	6,874
Gross amount carried at end of period, buildings and improvements	19,196
Gross amount carried at end of period, total	26,070
Accumulated depreciation	7,044
Tuscaloosa, AL | University Town Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	4,465
Initial cost of land	0
Initial cost of buildings and improvements	9,557
Adjustments to basis	183
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	9,740
Gross amount carried at end of period, total	9,740
Accumulated depreciation	3,640
Gainesville, GA | Village Shoppes at Gainesville
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	20,000
Initial cost of land	4,450
Initial cost of buildings and improvements	36,592
Adjustments to basis	1,271
Gross amount carried at end of period, land and improvements	4,450
Gross amount carried at end of period, buildings and improvements	37,863
Gross amount carried at end of period, total	42,313
Accumulated depreciation	12,859
Lawrenceville, GA | Village Shoppes at Simonton
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	3,277
Initial cost of land	2,200
Initial cost of buildings and improvements	10,874
Adjustments to basis	-16
Gross amount carried at end of period, land and improvements	2,200
Gross amount carried at end of period, buildings and improvements	10,858
Gross amount carried at end of period, total	13,058
Accumulated depreciation	4,106
Northwoods, MO | Walgreens
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	450
Initial cost of buildings and improvements	5,074
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	450
Gross amount carried at end of period, buildings and improvements	5,074
Gross amount carried at end of period, total	5,524
Accumulated depreciation	1,731
Turlock, CA | Wal-Mart
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,925
Initial cost of buildings and improvements	4,294
Adjustments to basis	-2,918
Gross amount carried at end of period, land and improvements	975
Gross amount carried at end of period, buildings and improvements	2,326
Gross amount carried at end of period, total	3,301
Accumulated depreciation	524
Tampa, FL | Walter's Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	14,500
Initial cost of buildings and improvements	16,914
Adjustments to basis	510
Gross amount carried at end of period, land and improvements	14,500
Gross amount carried at end of period, buildings and improvements	17,424
Gross amount carried at end of period, total	31,924
Accumulated depreciation	5,370
Watauga, TX | Watauga Pavillion
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	5,185
Initial cost of buildings and improvements	27,504
Adjustments to basis	108
Gross amount carried at end of period, land and improvements	5,185
Gross amount carried at end of period, buildings and improvements	27,612
Gross amount carried at end of period, total	32,797
Accumulated depreciation	10,854
Fort Hill, SC | West Town Market
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	1,170
Initial cost of buildings and improvements	10,488
Adjustments to basis	163
Gross amount carried at end of period, land and improvements	1,170
Gross amount carried at end of period, buildings and improvements	10,651
Gross amount carried at end of period, total	11,821
Accumulated depreciation	3,680
Saratoga Springs, NY | Wilton Square
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	8,200
Initial cost of buildings and improvements	35,538
Adjustments to basis	247
Gross amount carried at end of period, land and improvements	8,200
Gross amount carried at end of period, buildings and improvements	35,785
Gross amount carried at end of period, total	43,985
Accumulated depreciation	12,299
Memphis, TN | Winchester Commons
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	5,700
Initial cost of land	4,400
Initial cost of buildings and improvements	7,471
Adjustments to basis	316
Gross amount carried at end of period, land and improvements	4,400
Gross amount carried at end of period, buildings and improvements	7,787
Gross amount carried at end of period, total	12,187
Accumulated depreciation	2,807
Schaumburg, IL | Zurich Towers
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	7,900
Initial cost of buildings and improvements	137,096
Adjustments to basis	13
Gross amount carried at end of period, land and improvements	7,900
Gross amount carried at end of period, buildings and improvements	137,109
Gross amount carried at end of period, total	145,009
Accumulated depreciation	48,511
Nashville, TN | Bellevue Mall
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	3,056
Initial cost of buildings and improvements	0
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	3,056
Gross amount carried at end of period, buildings and improvements	0
Gross amount carried at end of period, total	3,056
Accumulated depreciation	0
Henderson, NV | Green Valley Crossing
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	14,900
Initial cost of land	12,884
Initial cost of buildings and improvements	16,932
Adjustments to basis	-914
Gross amount carried at end of period, land and improvements	11,994
Gross amount carried at end of period, buildings and improvements	16,908
Gross amount carried at end of period, total	28,902
Accumulated depreciation	2,568
Billings, MT | South Billings Center
SEC Schedule III, Real Estate and Accumulated Depreciation
Encumbrance	0
Initial cost of land	0
Initial cost of buildings and improvements	0
Adjustments to basis	0
Gross amount carried at end of period, land and improvements	0
Gross amount carried at end of period, buildings and improvements	0
Gross amount carried at end of period, total	0
Accumulated depreciation	0

Schedule_III_Reconciliation_of

Schedule III - Reconciliation of Real Estate Owned (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Reconciliation of Carrying Amount of Real Estate Investments
Balance as of January 1,	$5,804,518	$5,962,878	$6,441,555
Purchase of investment property	397,993	339,955	31,486
Sale of investment property	-338,938	-341,750	-501,369
Property held for sale	-36,914	-10,995	-8,746
Provision for asset impairment	-159,447	-150,373	-23,819
Payments received under master leases	0	0	-21
Acquired lease intangible assets	5,579	-11,331	27,454
Acquired lease intangible liabilities	7,585	16,134	-3,662
Balance as of December 31,	$5,680,376	$5,804,518	$5,962,878

Schedule_III_Reconciliation_of1

Schedule III - Reconciliation of Accumulated Depreciation (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Reconciliation of Real Estate Accumulated Depreciation
Balance as of January 1,	$1,330,474	$1,275,787	$1,180,767
Depreciation expense	183,142	197,725	195,994
Sale of investment property	-63,460	-62,009	-87,218
Property held for sale	-5,358	-2,206	-17
Provision for asset impairment	-77,390	-56,969	-7,423
Write-offs due to early lease termination	-1,937	-3,056	-6,316
Other disposals	0	-18,798	0
Balance as of December 31,	$1,365,471	$1,330,474	$1,275,787