Washington Prime (WPGGQ) 10-Q 27 Apr 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 26, 2017
Document Information [Line Items]
Entity Registrant Name	WASHINGTON PRIME GROUP INC.
Entity Central Index Key	1,594,686
Trading Symbol	wpg
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)		185,428,977
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Washington Prime Group, L.P. [Member]
Document Information [Line Items]
Entity Registrant Name	Washington Prime Group, L.P.
Entity Central Index Key	1,610,911
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS:
Investment properties at cost	$ 6,304,916	$ 6,294,628
Less: accumulated depreciation	2,172,732	2,122,572
	4,132,184	4,172,056
Cash and cash equivalents	94,531	59,353
Tenant receivables and accrued revenue, net	96,560	99,967
Real estate assets held-for-sale	0	50,642
Investment in and advances to unconsolidated entities, at equity	442,257	458,892
Deferred costs and other assets	251,507	266,556
Total assets	5,017,039	5,107,466
LIABILITIES:
Mortgage notes payable	1,610,802	1,618,080
Notes payable	247,817	247,637
Unsecured term loans	1,334,525	1,334,522
Revolving credit facility	291,489	306,165
Accounts payable, accrued expenses, intangibles, and deferred revenues	287,969	309,178
Distributions payable	2,992	2,992
Cash distributions and losses in unconsolidated entities, at equity	15,421	15,421
Total liabilities	3,791,015	3,833,995
Redeemable noncontrolling interests	3,265	10,660
Cash distributions and losses in unconsolidated entities, at equity	15,421	15,421
Total liabilities, redeemable noncontrolling interests and equity	5,017,039	5,107,466
EQUITY:
Common stock, $0.0001 par value, 300,000,000 shares authorized, 185,428,977 and 185,427,411 issued and outstanding as of March 31, 2017 and December 31, 2016, respectively	19	19
Capital in excess of par value	1,234,860	1,232,638
Accumulated deficit	(384,070)	(346,706)
Accumulated other comprehensive income	6,888	4,916
Total stockholders' equity	1,060,273	1,093,443
Noncontrolling interests	162,486	169,368
Total equity	1,222,759	1,262,811
Total liabilities, redeemable noncontrolling interests and equity	5,017,039	5,107,466
Series H Preferred Stock [Member]
EQUITY:
Cumulative redeemable preferred stock	104,251	104,251
Series I Preferred Stock [Member]
EQUITY:
Cumulative redeemable preferred stock	98,325	98,325
Washington Prime Group, L.P. [Member]
ASSETS:
Investment properties at cost	6,304,916	6,294,628
Less: accumulated depreciation	2,172,732	2,122,572
	4,132,184	4,172,056
Cash and cash equivalents	94,531	59,353
Tenant receivables and accrued revenue, net	96,560	99,967
Real estate assets held-for-sale	0	50,642
Investment in and advances to unconsolidated entities, at equity	442,257	458,892
Deferred costs and other assets	251,507	266,556
Total assets	5,017,039	5,107,466
LIABILITIES:
Mortgage notes payable	1,610,802	1,618,080
Notes payable	247,817	247,637
Unsecured term loans	1,334,525	1,334,522
Revolving credit facility	291,489	306,165
Accounts payable, accrued expenses, intangibles, and deferred revenues	287,969	309,178
Distributions payable	2,992	2,992
Cash distributions and losses in unconsolidated entities, at equity	15,421	15,421
Total liabilities	3,791,015	3,833,995
Redeemable noncontrolling interests	3,265	10,660
Cash distributions and losses in unconsolidated entities, at equity	15,421	15,421
Total general partners' equity	1,060,273	1,093,443
Limited partners, 35,127,735 units issued and outstanding as of March 31, 2017 and December 31, 2016, respectively	161,405	168,264
Total partners' equity	1,221,678	1,261,707
Noncontrolling interests	1,081	1,104
Total equity	1,222,759	1,262,811
Total liabilities, redeemable noncontrolling interests and equity	5,017,039	5,107,466
EQUITY:
Total liabilities, redeemable noncontrolling interests and equity	5,017,039	5,107,466
Washington Prime Group, L.P. [Member] | General Partner Preferred Equity [Member]
LIABILITIES:
Total general partners' equity	202,576	202,576
Washington Prime Group, L.P. [Member] | General Partner Common Equity [Member]
LIABILITIES:
Total general partners' equity	$ 857,697	$ 890,867

Unaudited Consolidated Balance3

Unaudited Consolidated Balance Sheets (Parentheticals) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, issued (in shares)	185,428,977	185,427,411
Common stock, outstanding (in shares)	185,428,977	185,427,411
Series H Preferred Stock [Member]
Preferred Shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred Shares, shares issued (in shares)	4,000,000	4,000,000
Preferred Shares, shares outstanding (in shares)	4,000,000	4,000,000
Series I Preferred Stock [Member]
Preferred Shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred Shares, shares issued (in shares)	3,800,000	3,800,000
Preferred Shares, shares outstanding (in shares)	3,800,000	3,800,000
Washington Prime Group, L.P. [Member]
Limited partners, units issued (in shares)	35,127,735	35,127,735
Limited partners, units outstanding (in shares)	35,127,735	35,127,735
General Partner Preferred Equity [Member]
General partners' equity units issued (in shares)	7,800,000	7,800,000
General partners' equity units outstanding (in shares)	7,800,000	7,800,000
General Partner Common Equity [Member]
General partners' equity units issued (in shares)	185,428,977	185,427,411
General partners' equity units outstanding (in shares)	185,428,977	185,427,411

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
REVENUE:
Minimum rent	$ 137,116	$ 143,105
Overage rent	2,832	3,457
Tenant reimbursements	56,790	57,956
Other income	5,656	5,513
Total revenues	202,394	210,031
EXPENSES:
Property operating	37,244	43,934
Depreciation and amortization	67,511	71,403
Real estate taxes	26,007	24,491
Advertising and promotion	2,152	2,232
Provision for credit losses	1,581	732
General and administrative	8,828	10,804
Ground rent	1,031	1,057
Impairment loss	8,509	0
Total operating expenses	152,863	154,653
OPERATING INCOME	49,531	55,378
Interest expense, net	(32,488)	(37,348)
Income and other taxes	(2,026)	(979)
Loss from unconsolidated entities, net	(444)	(1,161)
INCOME BEFORE GAIN (LOSS) ON DISPOSITION OF INTERESTS IN PROPERTIES, NET	14,573	15,890
Gain (loss) on disposition of interests in properties, net	51	(2,209)
NET INCOME	14,624	13,681
Net income (loss) attributable to noncontrolling interests	1,814	1,659
NET INCOME ATTRIBUTABLE TO THE COMPANY	12,810	12,022
Less: Preferred share dividends	(3,508)	(3,508)
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ 9,302	$ 8,514
EARNINGS PER COMMON SHARE, BASIC AND DILUTED (in dollars per share)	$ 0.05	$ 0.05
NET INCOME ATTRIBUTABLE TO COMMON UNITHOLDERS	$ 1,754	$ 1,605
Net income attributable to common unitholders	1,754	1,605
COMPREHENSIVE INCOME:
Net income	14,624	13,681
Unrealized income (loss) on interest rate derivative instruments	2,349	(13,466)
Comprehensive income	16,973	215
Comprehensive income (loss) attributable to noncontrolling interests	2,191	(487)
Comprehensive income attributable to common shareholders	14,782	702
Washington Prime Group, L.P. [Member]
REVENUE:
Minimum rent	137,116	143,105
Overage rent	2,832	3,457
Tenant reimbursements	56,790	57,956
Other income	5,656	5,513
Total revenues	202,394	210,031
EXPENSES:
Property operating	37,244	43,934
Depreciation and amortization	67,511	71,403
Real estate taxes	26,007	24,491
Advertising and promotion	2,152	2,232
Provision for credit losses	1,581	732
General and administrative	8,828	10,804
Ground rent	1,031	1,057
Impairment loss	8,509	0
Total operating expenses	152,863	154,653
OPERATING INCOME	49,531	55,378
Interest expense, net	(32,488)	(37,348)
Income and other taxes	(2,026)	(979)
Loss from unconsolidated entities, net	(444)	(1,161)
INCOME BEFORE GAIN (LOSS) ON DISPOSITION OF INTERESTS IN PROPERTIES, NET	14,573	15,890
Gain (loss) on disposition of interests in properties, net	51	(2,209)
NET INCOME	14,624	13,681
Net income (loss) attributable to noncontrolling interests	0	(6)
NET INCOME ATTRIBUTABLE TO UNITHOLDERS	14,624	13,687
Less: Preferred unit distributions	(3,568)	(3,568)
NET INCOME ATTRIBUTABLE TO COMMON UNITHOLDERS	11,056	10,119
General partner	9,302	8,514
Limited partners	1,754	1,605
Net income attributable to common unitholders	$ 11,056	$ 10,119
EARNINGS PER COMMON UNIT, BASIC AND DILUTED (in dollars per share)	$ 0.05	$ 0.05
COMPREHENSIVE INCOME:
Net income	$ 14,624	$ 13,681
Unrealized income (loss) on interest rate derivative instruments	2,349	(13,466)
Comprehensive income	16,973	215
Comprehensive income (loss) attributable to noncontrolling interests	0	(6)
Comprehensive income attributable to common shareholders	$ 16,973	$ 221

Unaudited Consolidated Stateme5

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 14,624	$ 13,681
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, including fair value rent, fair value debt, deferred financing costs and equity-based compensation	66,994	70,377
(Gain) loss on disposition of interests in properties and outparcels, net	(324)	2,209
Impairment loss	8,509	0
Provision for credit losses	1,581	732
Loss from unconsolidated entities, net	444	1,161
Distributions of income from unconsolidated entities	80	53
Changes in assets and liabilities:
Tenant receivables and accrued revenue, net	2,399	2,900
Deferred costs and other assets	(9,947)	(2,259)
Accounts payable, accrued expenses, deferred revenues and other liabilities	(12,912)	(29,723)
Net cash provided by operating activities	71,448	59,131
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures, net	(25,039)	(25,502)
Restricted cash reserves for future capital expenditures, net	(558)	(3,554)
Net proceeds from disposition of properties	62,887	9,020
Investments in unconsolidated entities	(36,368)	(3,260)
Distributions of capital from unconsolidated entities	52,479	15,712
Net cash provided by (used in) investing activities	53,401	(7,584)
CASH FLOWS FROM FINANCING ACTIVITIES:
Distributions to noncontrolling interest holders in properties	(23)	0
Redemption of limited partner units/preferred shares	0	(5)
Change in lender-required restricted cash reserves on mortgage loans	0	839
Net proceeds from issuance of common shares, including common stock plans	7	0
Purchase of redeemable noncontrolling interest	(6,830)	0
Distributions on common and preferred shares/units	(59,016)	(58,717)
Proceeds from issuance of debt, net of transaction costs	80,814	0
Repayments of debt	(104,623)	(18,658)
Net cash used in financing activities	(89,671)	(76,541)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	35,178	(24,994)
CASH AND CASH EQUIVALENTS, beginning of period	59,353	116,253
CASH AND CASH EQUIVALENTS, end of period	94,531	91,259
Washington Prime Group, L.P. [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	14,624	13,681
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, including fair value rent, fair value debt, deferred financing costs and equity-based compensation	66,994	70,377
(Gain) loss on disposition of interests in properties and outparcels, net	(324)	2,209
Impairment loss	8,509	0
Provision for credit losses	1,581	732
Loss from unconsolidated entities, net	444	1,161
Distributions of income from unconsolidated entities	80	53
Changes in assets and liabilities:
Tenant receivables and accrued revenue, net	2,399	2,900
Deferred costs and other assets	(9,947)	(2,259)
Accounts payable, accrued expenses, deferred revenues and other liabilities	(12,912)	(29,723)
Net cash provided by operating activities	71,448	59,131
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures, net	(25,039)	(25,502)
Restricted cash reserves for future capital expenditures, net	(558)	(3,554)
Net proceeds from disposition of properties	62,887	9,020
Investments in unconsolidated entities	(36,368)	(3,260)
Distributions of capital from unconsolidated entities	52,479	15,712
Net cash provided by (used in) investing activities	53,401	(7,584)
CASH FLOWS FROM FINANCING ACTIVITIES:
Distributions to noncontrolling interest holders in properties	(23)	0
Redemption of limited partner units/preferred shares	0	(5)
Change in lender-required restricted cash reserves on mortgage loans	0	839
Purchase of redeemable noncontrolling interest	(6,830)	0
Proceeds from issuance of debt, net of transaction costs	80,814	0
Repayments of debt	(104,623)	(18,658)
Net cash used in financing activities	(89,671)	(76,541)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	35,178	(24,994)
CASH AND CASH EQUIVALENTS, beginning of period	59,353	116,253
CASH AND CASH EQUIVALENTS, end of period	94,531	91,259
Net proceeds from issuance of common units, including equity-based compensation plans	7	0
Distributions to unitholders, net	$ (59,016)	$ (58,717)

Unaudited Consolidated Stateme6

Unaudited Consolidated Statement of Equity - 3 months ended Mar. 31, 2017 - USD ($) $ in Thousands	Preferred Stock [Member]Series H Preferred Stock [Member]	Preferred Stock [Member]Series I Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings, Appropriated [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Redeemable Noncontrolling Interests [Member]	Partners' Equity [Member]General Partner Preferred Equity [Member]Washington Prime Group, L.P. [Member]	Partners' Equity [Member]General Partner Common Equity [Member]Washington Prime Group, L.P. [Member]	Partners' Equity [Member]General Partner [Member]Washington Prime Group, L.P. [Member]	Partners' Equity [Member]Limited Partner [Member]Washington Prime Group, L.P. [Member]	Partners' Equity [Member]Washington Prime Group, L.P. [Member]	Noncontrolling Interests [Member]Washington Prime Group, L.P. [Member]	Redeemable Noncontrolling Interests [Member]Washington Prime Group, L.P. [Member]	Washington Prime Group, L.P. [Member]	Total
Balance at Dec. 31, 2016	$ 104,251	$ 98,325	$ 19	$ 1,232,638	$ (346,706)	$ 4,916	$ 1,093,443	$ 169,368	$ 10,660									$ 1,262,811
Balance at Dec. 31, 2016										$ 202,576	$ 890,867	$ 1,093,443	$ 168,264	$ 1,261,707	$ 1,104	$ 10,660	$ 1,262,811
Exercise of stock options	0	0	0	7	0	0	7	0	0	0	7	7	0	7	0	0	7	7
Other	0	0	0	(36)	0	0	(36)	0	0	0	(36)	(36)	0	(36)	0	0	(36)	(36)
Equity-based compensation	0	0	0	1,132	0	0	1,132	346	0									1,478
Equity-based compensation										0	1,132	1,132	346	1,478	0	0	1,478
Adjustments to noncontrolling interests	0	0	0	554	0	0	554	(554)	0	0	0	0	0	0	0	0	0	0
Adjustments to limited partners' interests	0	0	0	0	0	0	0	0	0	0	554	554	(554)	0	0	0	0	0
Purchase of redeemable noncontrolling interest	0	0	0	565	0	0	565	0	(7,395)	0	565	565	0	565	0	(7,395)	565	565
Distributions on common shares/units ($0.25 per common share/unit)	0	0	0	0	(46,666)	0	(46,666)	(8,805)	0	0	(46,666)	(46,666)	(8,782)	(55,448)	(23)	0	(55,471)	(55,471)
Distributions declared on preferred shares/units	0	0	0	0	(3,508)	0	(3,508)	0	0	(3,508)	0	(3,508)	0	(3,508)	0	(60)	(3,508)	(3,508)
Other comprehensive income	0	0	0	0	0	1,972	1,972	377	0	0	1,972	1,972	377	2,349	0	0	2,349	2,349
Net income, excluding $60 of distributions to preferred unitholders	0	0	0	0	12,810	0	12,810	1,754	0	3,508	9,302	12,810	1,754	14,564	0	60	14,564	14,564
Balance at Mar. 31, 2017	$ 104,251	$ 98,325	$ 19	$ 1,234,860	$ (384,070)	$ 6,888	$ 1,060,273	$ 162,486	$ 3,265									$ 1,222,759
Balance at Mar. 31, 2017										$ 202,576	$ 857,697	$ 1,060,273	$ 161,405	$ 1,221,678	$ 1,081	$ 3,265	$ 1,222,759

Unaudited Consolidated Stateme7

Unaudited Consolidated Statement of Equity (Parentheticals) - Retained Earnings [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)$ / shares
Distributions on common shares/units, per common share/unit (in dollars per share) | $ / shares	$ 0.25
Distributions made to preferred unitholders | $	$ 60

Note 1 - Organization

Note 1 - Organization	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Nature of Operations [Text Block]	1. Organization Washington Prime Group Inc. (“WPG Inc.”) is an Indiana corporation that operates as a fully integrated, self-administered and self-managed real estate investment trust, or REIT, under the Internal Revenue Code of 1986, 100% March 31, 2017, 111 60 Unless the context otherwise requires, references to "WPG," the "Company," “we,” “us” or “our” refer to WPG Inc., WPG L.P. and entities in which WPG Inc. or WPG L.P. (or any affiliate) has a material ownership or financial interest, on a consolidated basis. We derive our revenues primarily from retail tenant tenants’ tenants tenants We seek to enhance the performance of our properties and increase our revenues by, among other things, securing leases of anchor and inline tenant

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation and Principles of Consolidation	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	2. Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The consolidated balance sheets as of March 31, 2017 December 31, 2016 March 31, 2017 These consolidated financial statements have been prepared in accordance with the instructions to Form 10 2016 10 "2016 10 General These consolidated financial statements reflect the consolidation of properties that are wholly owned or properties in which we own less than a 100% We consolidate a variable interest entity ("VIE") when we are determined to be the primary beneficiary. Determination of the primary beneficiary of a VIE is based on whether an entity has (1) (2) There have been no changes during the three March 31, 2017 three March 31, 2017, Investments in partnerships and joint ventures represent our noncontrolling ownership interests in properties. We account for these investments using the equity method of accounting. We initially record these investments at cost and we subsequently adjust for net equity in income or loss, which we allocate in accordance with the provisions of the applicable partnership or joint venture agreement and cash contributions and distributions, if applicable. The allocation provisions in the partnership or joint venture agreements are not always consistent with the legal ownership interests held by each general or limited partner or joint venture investee primarily due to partner preferences. We separately report investments in joint ventures for which accumulated distributions have exceeded investments in and our share of net income from the joint ventures within cash distributions and losses in partnerships and joint ventures, at equity in the consolidated balance sheets. The net equity of certain joint ventures is less than zero As of March 31, 2017, 111 101 four six We allocate net operating results of WPG L.P. to third third 84.1% three March 31, 2017 2016. March 31, 2017 December 31, 2016, 84.2% 84.1%,

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	3. Summary of Significant Accounting Policies Fair Value Measurements The Company measures and discloses its fair value measurements in accordance with Accounting Standards Codification ("ASC") Topic 820 820”). 820, three may • Level 1 • Level 2 1 • Level 3 The asset or liability's fair value within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Under Topic 820, Use of Estimates We prepared the accompanying consolidated financial statements in accordance with GAAP. This requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reported period. Our actual results could differ from these estimates. Segment Disclosure Our primary business is the ownership, development and management of retail real estate. We have aggregated our operations, including enclosed retail properties and community centers, into one tenants. Ne w Accounting Pronouncements In May 2014, 2014 09, 606)." 2014 09 2014 09 July 9, 2015, one December 15, 2017 December 15, 2016. January 1, 2018 three March 31, 2017, 2% 2018. In February 2016, 2016 02, 842)." 2016 02 December 15, 2018, seven 2014 09, 2016 02 In August 2016, 2016 15, 230)." 2016 15 December 15, 2017, November 2016, 16 December 15, 2017, $30.8 $29.2 March 31, 2017 December 31, 2016, In January 2017, 2017 01, 805): December 15, 2017, January 1, 2017, Deferred Costs and Other Assets On January 4, 2017, $15.6 January 29, 2016 On February 28, 2017, $6.2 August 19, 2016 April 28, 2017 $0.4 March 31, 2017, Redeemable Noncontrolling Interests for WPG Inc. Redeemable noncontrolling interests represent the underlying equity held by unaffiliated third 7.3% 1 1 third three March 31, 2017, third March 31, 2017, 1

Note 4 - Investment in Real Est

Note 4 - Investment in Real Estate	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	4. Investment in Real Estate 2017 On February 21, 2017, $42 December 31, 2016. On January 10, 2017, $9 December 31, 2016. In connection with the sales noted above, the Company recorded a $0.1 three March 31, 2017. 2016 On January 29, 2016, $30.0 6 In connection with the sale noted above, the Company recorded a $2.2 three March 31, 2016. Impairment During the three March 31, 2017, one March 31, 2017. 10 $8.5 three March 31, 2017. Intangible Assets and Liabilities Associated with Acquisitions The table below identifies the types of intangible assets and liabilities, their location on the consolidated balance sheets, their weighted average amortization period, and their book value, which is net of accumulated amortization, as of March 31, 2017 December 31, 2016: Balance as of Intangible Asset/Liability Location on the Consolidated Balance Sheets Weighted Average Remaining Amortization (in years) March 31, 2017 December 31, 2016 Above-market leases - Company is lessor Deferred costs and other assets 7.3 $ 32,119 $ 34,337 Below-market leases - Company is lessor Accounts payable, accrued expenses, intangibles and deferred revenues 13.5 $ 100,112 $ 104,540 Above-market lease - Company is lessee Accounts payable, accrued expenses, intangibles and deferred revenues 30.2 $ 2,363 $ 2,383 In-place leases Deferred costs and other assets 10.0 $ 65,972 $ 70,907

Note 5 - Investment In Unconsol

Note 5 - Investment In Unconsolidated Entities, at Equity	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	5. Investment in Unconsolidated Entities, at Equity The Company's investment activity in unconsolidated real estate entities during the three March 31, 2017 March 31, 2016 • The O'Connor Joint Venture This investment consists of a 51% five On March 2, 2017, 180,000 $70.0 On March 30, 2017, $43.2 eight 4.071% April 1, 2019, On March 29, 2017, $55.0 ten 4.36% May 1, 2022, • The Seminole Joint Venture This investment consists of a 45% 1.1 22% 2017. Individual agreements specify which services the Company is to provide to each joint venture. The Company, through its affiliates, provide management, development, construction, marketing, leasing and legal services for a fee to each of the joint ventures described above. Related to performing these services, we recorded management fees of $1.6 $1.5 three March 31, 2017 2016, $2.6 $2.5 March 31, 2017 December 31, 2016, one The following table presents the combined statements of operations for the O'Connor Joint Venture, the Seminole Joint Venture, and an indirect 12.5% three March 31, 2017 2016: Three Months Ended March 31, 2017 2016 Total revenues $ 48,434 $ 46,312 Operating expenses 20,591 19,306 Depreciation and amortization 19,034 20,044 Operating income 8,809 6,962 Interest expense, taxes, and other, net (8,460 ) (7,889 ) Net income (loss) from the Company's unconsolidated real estate entities 349 (927 ) Our share of loss from the Company's unconsolidated real estate entities $ (444 ) $ (1,161 )

Note 6 - Indebtedness

Note 6 - Indebtedness	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	6. Indebtedness Mortgage Debt Total mortgage indebtedness at March 31, 2017 December 31, 2016 March 31, December 31, Face amount of mortgage loans $ 1,603,806 $ 1,610,429 Fair value adjustments, net 11,691 12,661 Debt issuance cost, net (4,695 ) (5,010 ) Carrying value of mortgage loans $ 1,610,802 $ 1,618,080 A roll forward of mortgage indebtedness from December 31, 2016 March 31, 2017 Balance at December 31, 2016 $ 1,618,080 Debt amortization payments (6,623 ) Amortization of fair value and other adjustments (970 ) Amortization of debt issuance costs 315 Balance at March 31, 2017 $ 1,610,802 Unsecured Debt The Facility On May 15, 2014, $900.0 one 1.25%, May 30, 2018, two six $500.0 one 1.45%. three March 31, 2017, May 30, 2017 May 30, 2018. one, 12 July 6, 2016, $200.0 2.04% August 1, 2018. may At March 31, 2017, $293.0 $1.5 $499.7 $0.3 March 31, 2017, $606.7 $0.3 March 31, 2017, one 1.25%, 2.23%, one 1.45%, 2.43%. Term Loans On December 10, 2015, $340.0 "December 2015 December 2015 one 1.80% January 2023. December 11, 2015, $340.0 December 2015 3.51% January 2023. December 2015 may March 31, 2017, $337.1 $2.9 On June 4, 2015, $500.0 "June 2015 June 2015 one 1.45% March 2020. June 19, 2015, $500.0 July 6, 2015, June 2015 2.56% June 2018. June 2015 may March 31, 2017, $497.8 $2.2 Notes Payable On March 24, 2015, $250.0 3.850% 0.028% April 1, 2020. $248.4 September 16, 2014 On October 21, 2015, $250.0 3.850% 1933 October 21, 2015, $250.0 $250.0 tendered As of March 31, 2017, $247.8 $2.2 Covenants Our unsecured debt agreements contain financial and other covenants. If we were to fail to comply with these covenants, after the expiration of the applicable cure periods, the debt maturity could be accelerated or other remedies could be sought by the lender including adjustments to the applicable interest rate. As of March 31, 2017, The total balance of mortgages was approximately $1.6 March 31, 2017. March 31, 2017, 30 one one 36 two six may may two On March 30, 2017, $40.0 On June 30, 2016, $87.3 June 1, 2016 12 On June 6, 2016, June 3, 2016, $99.5 June 1, 2016 October 27, 2016, At March 31, 2017, March 31, 2017. Fair Value of Debt The carrying values of our variable-rate loans approximate their fair values. We estimate the fair values of fixed-rate mortgages and fixed-rate unsecured debt (including variable-rate unsecured debt swapped to fixed-rate) using cash flows discounted at current borrowing rates. March 31, 2017 December 31, 2016 Book value of fixed-rate mortgages (1) $ 1,352,706 $ 1,359,329 Fair value of fixed-rate mortgages $ 1,395,559 $ 1,403,103 Weighted average discount rates assumed in calculation of fair value for fixed-rate mortgages 3.80 % 3.79 % Book value of fixed-rate unsecured debt (1) $ 1,290,000 $ 1,290,000 Fair value of fixed-rate unsecured debt $ 1,265,188 $ 1,261,858 Weighted average discount rates assumed in calculation of fair value for fixed-rate unsecured debt 2.86 % 2.86 % (1)

Note 7 - Derivative Financial I

Note 7 - Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	7. Derivative Financial Instruments Risk Management Objective of Using Derivatives The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its debt funding and through the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future uncertain cash amounts, the value of which are determined by interest rates. The Company's derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company's known or expected cash payments related to the Company's borrowings. Cash Flow Hedges of Interest Rate Risk The Company's objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish these objectives the Company primarily uses interest rate swaps or caps as part of its interest rate risk management strategy. Interest rate swaps involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The Company may The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income ("OCI") or other comprehensive loss (“OCL”) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. Net realized gains or losses resulting from derivatives that were settled in conjunction with planned fixed-rate financings or refinancings continue to be included in accumulated other comprehensive income ("AOCI") during the term of the hedged debt transaction. Any ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. The Company recognized $0.1 three March 31, 2017. $2.3 three March 31, 2016, December 2015 December 2015 0% Amounts reported in AOCI relate to derivatives that will be reclassified to interest expense as interest payments are made on the Company's variable-rate debt. Realized gains or losses on settled derivative instruments included in AOCI are recognized as an adjustment to income over the term of the hedged debt transaction. During the next twelve $0.4 As of March 31, 2017, 15 $1,139,600. The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the consolidated balance sheets as of March 31, 2017 December 31, 2016: Derivatives designated as hedging instruments: Balance Sheet Location March 31, 2017 December 31, 2016 Interest rate products Asset derivatives Deferred costs and other assets $ 8,223 $ 5,754 Interest rate products Liability derivatives Accounts payable, accrued expenses, intangibles and deferred revenues $ — $ 2 The asset derivative instruments were reported at their fair value of $8,223 $5,754 March 31, 2017 December 31, 2016, $0 $2 March 31, 2017 December 31, 2016, The table below presents the effect of the Company's derivative financial instruments on the consolidated statements of operations and comprehensive income for the three March 31, 2017 2016: Derivatives in Cash Flow Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion) Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Three Months Ended Three Months Ended Three Months Ended March 31, March 31, March 31, 2017 2016 2017 2016 2017 2016 Interest rate products $ 1,263 $ (15,397 ) Interest expense $ 1,086 $ 1,931 Interest expense $ 92 $ (2,342 ) Credit Risk-Related Contingent Features The Company has agreements with each of its derivative counterparties that contain a provision that if the Company either defaults or is capable of being declared in default on any of its consolidated indebtedness, then the Company could also be declared in default on its derivative obligations. The Company has agreements with its derivative counterparties that incorporate the loan covenant provisions of the Company's indebtedness with a lender affiliate of the derivative counterparty. Failure to comply with the loan covenant provisions would result in the Company being in default on any derivative instrument obligations covered by the agreement. As of March 31, 2017, $0. March 31, 2017, March 31, 2017, $0. Fair Value Considerations Currently, the Company uses interest rate swaps and caps to manage its interest rate risk. The valuation of these instruments is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves, foreign exchange rates, and implied volatilities. Based on these inputs the Company has determined that its interest rate swap and cap valuations are classified within Level 2 To comply with the provisions of Topic 820, Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 3 March 31, 2017 December 31, 2016, 2 The tables below presents the Company’s net assets and liabilities measured at fair value as of March 31, 2017 December 31, 2016 Quoted Prices in Active Markets for Identical Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Balance at March 31, 2017 Derivative instruments, net $ — $ 8,223 $ — $ 8,223 Quoted Prices in Active Markets for Identical Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Balance at December 31, 2016 Derivative instruments, net $ — $ 5,752 $ — $ 5,752

Note 8 - Equity

Note 8 - Equity	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	8. Equity Exchange Rights Subject to the terms of the limited partnership agreement of WPG L.P., limited partners in WPG L.P. have, at their option, the right to exchange all or any portion of their units for shares of WPG Inc. common stock on a one one March 31, 2017, 35,127,735 The holders of the Series I- 1 1 Stock Based Compensation On May 28, 2014, 2014 10,000,000 500,000 may May 28, 2024. The following is a summary by type of the awards that the Company issued during the three March 31, 2017 March 31, 2016 Annual Long-Term Incentive Awards On February 21, 2017 2017 ("2017 2017 one three March 31, 2017, 358,198 $3.4 one third February 21, 2018, 2019, 2020, three three March 31, 2017, 358,198 $2.8 may 0% 150% three three During 2016, 2016 "2016 30% 100% 15 2016. 2016 50% 50% 100% three March 31, 2017, 324,237 $2.2 2016 one third February 21, 2018, 2019 2020. During 2015, 2015 "2015 30% 300% 15 2015. 2015 40% 60% 2015; 40% three March 31, 2016, 323,417 2015 108,118 one third January 1, 2017, 2018 2019. 94,106 121,193 2016 Stock Options During the three March 31, 2017, no 1,566 34,452 March 31, 2017, 941,558 During the three March 31, 2016, no no 1,000 Share Award Related Compensation Expense During the three March 31, 2017 2016, $1.5 $1.9 $1.2 three March 31, 2016), Distributions During the three March 31, 2017 2016, $0.25

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. Commitments and Contingencies Litigation We are involved from time-to-time in various legal proceedings that arise in the ordinary course of our business, including, but not limited to commercial disputes, environmental matters, and litigation in connection with transactions including acquisitions and divestitures. We believe that such litigation, claims and administrative proceedings will not have a material adverse impact on our financial position or our results of operations. We record a liability when a loss is considered probable and the amount can be reasonably estimated. Concentration of Credit Risk Our properties rely heavily upon anchor or major tenants tenant 5%

Note 10 - Related Party Transac

Note 10 - Related Party Transactions	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	10. Related Party Transactions Transactions with Simon Property Group Inc. The Company was formed in 2014 February 29, 2016 May 31, 2016. May 28, 2014 May 31, 2016, December 31, 2015, March 1, 2016. May 31, 2016, May 31, 2016. We did not incur any charges pertaining to the transition services agreements for the three March 31, 2017. three March 31, 2016 For the Three Months Ended March 31, 2016 Consolidated Unconsolidated Property management and common costs, services and other $ 5,238 $ 124 Insurance premiums $ — $ — Advertising and promotional programs $ 102 $ 6 Capitalized leasing and development fees $ 1,168 $ 8

Note 11 - Earning Per Common Sh

Note 11 - Earning Per Common Share/Unit	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	11. Earnings Per Common Share/Unit WPG Inc. Earnings Per Common Share We determine WPG Inc.'s basic earnings per common share based on the weighted average number of shares of common stock outstanding during the period and we consider any participating securities for purposes of applying the two The following table sets forth the computation of WPG Inc.'s basic and diluted earnings per common share: For the Three Months Ended March 31, 2017 2016 Earnings Per Common Share, Basic: Net income attributable to common shareholders - basic $ 9,302 $ 8,514 Weighted average shares outstanding - basic 186,278,173 185,436,932 Earnings per common share, basic $ 0.05 $ 0.05 Earnings Per Common Share, Diluted: Net income attributable to common shareholders - basic $ 9,302 $ 8,514 Net income attributable to common unitholders 1,754 1,605 Net income attributable to common shareholders - diluted $ 11,056 $ 10,119 Weighted average common shares outstanding - basic 186,278,173 185,436,932 Weighted average operating partnership units outstanding 34,986,704 34,304,835 Weighted average additional dilutive securities outstanding 525,629 657,575 Weighted average common shares outstanding - diluted 221,790,506 220,399,342 Earnings per common share, diluted $ 0.05 $ 0.05 For the three March 31, 2017 2016, WPG L.P. Earnings Per Common Unit We determine WPG L.P.'s basic earnings per common unit based on the weighted average number of common units outstanding during the period and we consider any participating securities for purposes of applying the two The following table sets forth the computation of WPG L.P.'s basic and diluted earnings per common unit: For the Three Months Ended March 31, 2017 2016 Earnings Per Common Unit, Basic and Diluted: Net income attributable to common unitholders - basic and diluted $ 11,056 $ 10,119 Weighted average common units outstanding - basic 221,264,877 219,741,767 Weighted average additional dilutive securities outstanding 525,629 657,575 Weighted average units outstanding - diluted 221,790,506 220,399,342 Earnings per common unit, basic and diluted $ 0.05 $ 0.05 For the three March 31, 2017 2016,

Note 12 - Subsequent Events

Note 12 - Subsequent Events	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	12. Subsequent Events On April 25, 2017, $87.3 $63.0 $21.0 three six June 30, 2017.

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements The Company measures and discloses its fair value measurements in accordance with Accounting Standards Codification ("ASC") Topic 820 820”). 820, three may • Level 1 • Level 2 1 • Level 3 The asset or liability's fair value within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Under Topic 820,
Use of Estimates, Policy [Policy Text Block]	Use of Estimates We prepared the accompanying consolidated financial statements in accordance with GAAP. This requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reported period. Our actual results could differ from these estimates.
Segment Reporting, Policy [Policy Text Block]	Segment Disclosure Our primary business is the ownership, development and management of retail real estate. We have aggregated our operations, including enclosed retail properties and community centers, into one tenants.
New Accounting Pronouncements, Policy [Policy Text Block]	Ne w Accounting Pronouncements In May 2014, 2014 09, 606)." 2014 09 2014 09 July 9, 2015, one December 15, 2017 December 15, 2016. January 1, 2018 three March 31, 2017, 2% 2018. In February 2016, 2016 02, 842)." 2016 02 December 15, 2018, seven 2014 09, 2016 02 In August 2016, 2016 15, 230)." 2016 15 December 15, 2017, November 2016, 16 December 15, 2017, $30.8 $29.2 March 31, 2017 December 31, 2016, In January 2017, 2017 01, 805): December 15, 2017, January 1, 2017,
Deferred Costs and Other Assets [Policy Text Block]	Deferred Costs and Other Assets On January 4, 2017, $15.6 January 29, 2016 On February 28, 2017, $6.2 August 19, 2016 April 28, 2017 $0.4 March 31, 2017,
Noncontrolling Interests [Policy Text Block]	Redeemable Noncontrolling Interests for WPG Inc. Redeemable noncontrolling interests represent the underlying equity held by unaffiliated third 7.3% 1 1 third three March 31, 2017, third March 31, 2017, 1

Note 4 - Investment in Real E21

Note 4 - Investment in Real Estate (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	Balance as of Intangible Asset/Liability Location on the Consolidated Balance Sheets Weighted Average Remaining Amortization (in years) March 31, 2017 December 31, 2016 Above-market leases - Company is lessor Deferred costs and other assets 7.3 $ 32,119 $ 34,337 Below-market leases - Company is lessor Accounts payable, accrued expenses, intangibles and deferred revenues 13.5 $ 100,112 $ 104,540 Above-market lease - Company is lessee Accounts payable, accrued expenses, intangibles and deferred revenues 30.2 $ 2,363 $ 2,383 In-place leases Deferred costs and other assets 10.0 $ 65,972 $ 70,907

Note 5 - Investment In Uncons22

Note 5 - Investment In Unconsolidated Entities, at Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Equity Method Investments [Table Text Block]	Three Months Ended March 31, 2017 2016 Total revenues $ 48,434 $ 46,312 Operating expenses 20,591 19,306 Depreciation and amortization 19,034 20,044 Operating income 8,809 6,962 Interest expense, taxes, and other, net (8,460 ) (7,889 ) Net income (loss) from the Company's unconsolidated real estate entities 349 (927 ) Our share of loss from the Company's unconsolidated real estate entities $ (444 ) $ (1,161 )

Note 6 - Indebtedness (Tables)

Note 6 - Indebtedness (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	March 31, December 31, Face amount of mortgage loans $ 1,603,806 $ 1,610,429 Fair value adjustments, net 11,691 12,661 Debt issuance cost, net (4,695 ) (5,010 ) Carrying value of mortgage loans $ 1,610,802 $ 1,618,080
Roll Forward of Mortgage Indebtedness [Table Text Block]	Balance at December 31, 2016 $ 1,618,080 Debt amortization payments (6,623 ) Amortization of fair value and other adjustments (970 ) Amortization of debt issuance costs 315 Balance at March 31, 2017 $ 1,610,802
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	March 31, 2017 December 31, 2016 Book value of fixed-rate mortgages (1) $ 1,352,706 $ 1,359,329 Fair value of fixed-rate mortgages $ 1,395,559 $ 1,403,103 Weighted average discount rates assumed in calculation of fair value for fixed-rate mortgages 3.80 % 3.79 % Book value of fixed-rate unsecured debt (1) $ 1,290,000 $ 1,290,000 Fair value of fixed-rate unsecured debt $ 1,265,188 $ 1,261,858 Weighted average discount rates assumed in calculation of fair value for fixed-rate unsecured debt 2.86 % 2.86 %

Note 7 - Derivative Financial24

Note 7 - Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	Derivatives designated as hedging instruments: Balance Sheet Location March 31, 2017 December 31, 2016 Interest rate products Asset derivatives Deferred costs and other assets $ 8,223 $ 5,754 Interest rate products Liability derivatives Accounts payable, accrued expenses, intangibles and deferred revenues $ — $ 2
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Derivatives in Cash Flow Hedging Relationships Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion) Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Three Months Ended Three Months Ended Three Months Ended March 31, March 31, March 31, 2017 2016 2017 2016 2017 2016 Interest rate products $ 1,263 $ (15,397 ) Interest expense $ 1,086 $ 1,931 Interest expense $ 92 $ (2,342 )
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Quoted Prices in Active Markets for Identical Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Balance at March 31, 2017 Derivative instruments, net $ — $ 8,223 $ — $ 8,223 Quoted Prices in Active Markets for Identical Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Balance at December 31, 2016 Derivative instruments, net $ — $ 5,752 $ — $ 5,752

Note 10 - Related Party Trans25

Note 10 - Related Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	For the Three Months Ended March 31, 2016 Consolidated Unconsolidated Property management and common costs, services and other $ 5,238 $ 124 Insurance premiums $ — $ — Advertising and promotional programs $ 102 $ 6 Capitalized leasing and development fees $ 1,168 $ 8

Note 11 - Earning Per Common 26

Note 11 - Earning Per Common Share/Unit (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended March 31, 2017 2016 Earnings Per Common Share, Basic: Net income attributable to common shareholders - basic $ 9,302 $ 8,514 Weighted average shares outstanding - basic 186,278,173 185,436,932 Earnings per common share, basic $ 0.05 $ 0.05 Earnings Per Common Share, Diluted: Net income attributable to common shareholders - basic $ 9,302 $ 8,514 Net income attributable to common unitholders 1,754 1,605 Net income attributable to common shareholders - diluted $ 11,056 $ 10,119 Weighted average common shares outstanding - basic 186,278,173 185,436,932 Weighted average operating partnership units outstanding 34,986,704 34,304,835 Weighted average additional dilutive securities outstanding 525,629 657,575 Weighted average common shares outstanding - diluted 221,790,506 220,399,342 Earnings per common share, diluted $ 0.05 $ 0.05 For the Three Months Ended March 31, 2017 2016 Earnings Per Common Unit, Basic and Diluted: Net income attributable to common unitholders - basic and diluted $ 11,056 $ 10,119 Weighted average common units outstanding - basic 221,264,877 219,741,767 Weighted average additional dilutive securities outstanding 525,629 657,575 Weighted average units outstanding - diluted 221,790,506 220,399,342 Earnings per common unit, basic and diluted $ 0.05 $ 0.05

Note 1 - Organization (Details

Note 1 - Organization (Details Textual) ft² in Millions	3 Months Ended
	Mar. 31, 2017ft²
Real Estate Investment Trust Minimum Percentage Required for Distribution to Not Be Liable for Federal Income Taxes	100.00%
Shopping Centers [Member]
Number of Real Estate Properties	111
Area of Real Estate Property	60

Note 2 - Basis of Presentatio28

Note 2 - Basis of Presentation and Principles of Consolidation (Details Textual)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Threshold Ownership Interest Entity ControlIs That Properties Are Included in Financial Statements	100.00%
Washington Prime Group, L.P. [Member]
Noncontrolling Interest, Ownership Percentage by Parent	84.20%	84.10%
Washington Prime Group, L.P. [Member] | Weighted Average [Member]
Noncontrolling Interest, Ownership Percentage by Parent	84.10%		84.10%
Wholly Owned Properties [Member]
Number of Real Estate Properties	101
Partially Owned Properties [Member]
Number of Real Estate Properties	4
Corporate Joint Venture [Member]
Number of Real Estate Properties	6
Shopping Centers [Member]
Number of Real Estate Properties	111

Note 3 - Summary of Significa29

Note 3 - Summary of Significant Accounting Policies (Details Textual) $ in Millions	Feb. 28, 2017USD ($)	Jan. 04, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Aug. 19, 2016USD ($)
Number of Reportable Segments			1
Number of Properties Subject to Ground Leases			7
Restricted Cash and Cash Equivalents			$ 30.8	$ 29.2
Series I-1 Preferred Units [Member]
Preferred Stock, Dividend Rate, Percentage			7.30%
Promissory Note related to Sale of Forest Mall and Northlake Mall [Member]
Proceeds from Collection of Notes Receivable		$ 15.6
Promissory Note Related to Sale of Knoxville Center [Member]
Proceeds from Collection of Notes Receivable	$ 0.4
Notes, Loans and Financing Receivable, Gross, Current					$ 6.2
Maximum [Member] | Sales Revenue, Net [Member] | Revenue from Fees Earned for Management, Development, and Leasing Services of Joint Ventures, Sales of Real Estate, and Other Ancillary Income Earned from Owned Properties [Member]
Concentration Risk, Percentage			2.00%

Note 4 - Investment in Real E30

Note 4 - Investment in Real Estate (Details Textual) - USD ($) $ in Thousands	Feb. 21, 2017	Jan. 10, 2017	Jan. 29, 2016	Mar. 31, 2017	Mar. 31, 2016
Impairment of Real Estate				$ 8,509	$ 0
Gulf View Square and River Oaks Center [Member]
Sales of Real Estate	$ 42,000
Virginia Center Commons [Member]
Sales of Real Estate		$ 9,000
Gulf View Square, River Oaks Center, and Virginia Community Center Commons [Member]
Gain (Loss) on Disposition of Assets				$ 100
Forest Mall and Northlake Mall [Member]
Sales of Real Estate			$ 30,000
Gain (Loss) on Disposition of Assets					$ (2,200)

Note 4 - Investment in Real E31

Note 4 - Investment in Real Estate - Summary of Intangible Assets and Liabilities Associated With Acquisitions (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Deferred Costs and Other Assets [Member] | Above Market Leases, Lessor [Member]
Finite-lived Intangible Assets, Weighted Average Remaining Amortization (Year)	7 years 109 days
Finite-lived Intangible Assets, Balance	$ 32,119	$ 34,337
Deferred Costs and Other Assets [Member] | Leases, Acquired-in-Place [Member]
Finite-lived Intangible Assets, Weighted Average Remaining Amortization (Year)	10 years
Finite-lived Intangible Assets, Balance	$ 65,972	70,907
Accounts Payable Accrued Expenses Intangibles and Deferred Revenues [Member] | Below Market Leases, Lessor [Member]
Finite-lived Intangible Liabilities, Weighted Average Remaining Amortization (Year)	13 years 182 days
Finite-lived Intangible Liabilities, Balance	$ 100,112	104,540
Accounts Payable Accrued Expenses Intangibles and Deferred Revenues [Member] | Above Market Leases, Lessee [Member]
Finite-lived Intangible Liabilities, Weighted Average Remaining Amortization (Year)	30 years 73 days
Finite-lived Intangible Liabilities, Balance	$ 2,363	$ 2,383

Note 5 - Investment In Uncons32

Note 5 - Investment In Unconsolidated Entities, at Equity (Details Textual) $ in Thousands	Mar. 30, 2017USD ($)	Mar. 29, 2017USD ($)	Mar. 31, 2017USD ($)ft²	Mar. 31, 2016USD ($)	Mar. 02, 2017USD ($)ft²	Dec. 31, 2016USD ($)
Notes Payable			$ 247,817			$ 247,637
Other Income [Member] | Other Joint Venture [Member]
Management Fees Revenue			1,600	$ 1,500
O'Connor Joint Venture [Member] | Pearlridge Uptown II [Member]
Area of Real Estate Property | ft²					180,000
Purchase of Real Estate, Purchase Price					$ 70,000
O'Connor Joint Venture [Member]
Advances to Affiliate			$ 2,600			$ 2,500
Advances to Affiliate, Anticipated Repayment Term			1 year
The Seminole Joint Venture [Member]
Equity Method Investment, Ownership Percentage			22.00%
The Seminole Joint Venture [Member] | Direct Interest [Member]
Equity Method Investment, Ownership Percentage			45.00%
The Seminole Joint Venture [Member] | Seminole Town Center [Member]
Area of Real Estate Property | ft²			1,100,000
Other Joint Venture [Member] | Indirect Interest [Member]
Equity Method Investment, Ownership Percentage			12.50%
O'Connor Mall Partners LP [Member] | O'Connor Joint Venture [Member]
Equity Method Investment, Ownership Percentage			51.00%
Number of Real Estate Properties			5
O'Connor Mall Partners LP [Member] | O'Connor Joint Venture [Member] | Pearlridge Uptown II [Member] | Non-recourse Mortgage Note Payable [Member]
Notes Payable	$ 43,200
Debt Instrument, Term	8 years
Debt Instrument, Interest Rate, Stated Percentage	4.071%
O'Connor Mall Partners LP [Member] | O'Connor Joint Venture [Member] | Scottsdale Quarter, Block K and Block M [Member] | Non-recourse Mortgage Note Payable [Member]
Notes Payable		$ 55,000
Debt Instrument, Term		10 years
Debt Instrument, Interest Rate, Stated Percentage		4.36%

Note 5 - Investment in Uncons33

Note 5 - Investment in Unconsolidated Entities, at Equity - Combined Statements of Operations for the Unconsolidated Joint Venture Properties (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Total revenues	$ 48,434	$ 46,312
Operating expenses	20,591	19,306
Depreciation and amortization	19,034	20,044
Operating income	8,809	6,962
Interest expense, taxes, and other, net	(8,460)	(7,889)
Net income (loss) from the Company's unconsolidated real estate entities	349	(927)
Loss from unconsolidated entities, net	$ (444)	$ (1,161)

Note 6 - Indebtedness (Details

Note 6 - Indebtedness (Details Textual) - USD ($) $ in Thousands

Dec. 10, 2015

Oct. 21, 2015

Jun. 04, 2015

Mar. 24, 2015

May 15, 2014

Mar. 31, 2017

Dec. 31, 2016

Mar. 30, 2017

Jul. 06, 2016

Jun. 30, 2016

Jun. 06, 2016

Dec. 11, 2015

Jun. 19, 2015

Long-term Debt

$ 1,610,802

$ 1,618,080

Notes Payable

$ 247,817

247,637

Number of Properties Encumbered by Cross-Defaulted and Cross-Collateralized Mortgages

6

Interest Rate Swaption [Member] | Cash Flow Hedging [Member]

Derivative, Notional Amount

$ 340,000

December 2015 Term Loan [Member]

Long-term Debt

$ 337,100

Debt Issuance Costs, Net

2,900

Debt Instrument, Face Amount

$ 340,000

Debt Instrument, Interest Rate, Stated Percentage

3.51%

June 2015 Term Loan [Member]

Proceeds from Issuance of Long-term Debt

$ 500,000

June 2015 Term Loan [Member] | Interest Rate Swaption [Member]

Long-term Debt

497,800

Derivative, Notional Amount

$ 500,000

Debt Issuance Costs, Net

2,200

Debt Instrument, Interest Rate, Stated Percentage

2.56%

Exchange Offer [Member]

Debt Instrument, Face Amount Exchanged

$ 250,000

Exchange Notes [Member]

Debt Instrument, Interest Rate, Stated Percentage

3.85%

Debt Conversion, Converted Instrument, Amount

$ 250,000

Notes Payable Exchanged [Member]

Debt Conversion, Original Debt, Amount

$ 250,000

Mortgage Loan Secured by Valle Vista Mall [Member] | Consolidated Subsidiary of the Company [Member]

Debt Instrument, Debt Default, Amount

$ 40,000

Mortgage Loan Secured by Mesa Mall [Member] | Consolidated Subsidiary of the Company [Member]

Debt Instrument, Debt Default, Amount

$ 87,300

Mortgage Loan Secured by Southern Hills Mall [Member] | Consolidated Subsidiary of the Company [Member]

Debt Instrument, Debt Default, Amount

$ 99,500

London Interbank Offered Rate (LIBOR) [Member] | December 2015 Term Loan [Member]

Debt Instrument, Basis Spread on Variable Rate

1.80%

London Interbank Offered Rate (LIBOR) [Member] | June 2015 Term Loan [Member]

Debt Instrument, Basis Spread on Variable Rate

1.45%

Unsecured Debt [Member]

Long-term Debt

[1]

$ 1,290,000

$ 1,290,000

Fair Value Inputs, Discount Rate

2.86%

2.86%

Unsecured Debt [Member] | Term Loan [Member]

Debt Instrument, Number of Extension Options

1

Debt Instrument, Period of Extension Option

1 year

Long-term Debt

$ 500,000

$ 499,700

Debt Issuance Costs, Net

$ 300

Debt Instrument, Interest Rate, Effective Percentage

2.43%

Unsecured Debt [Member] | Term Loan [Member] | Interest Rate Swap [Member]

Derivative, Notional Amount

$ 200,000

Derivative, Fixed Interest Rate

2.04%

Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member]

Debt Instrument, Basis Spread on Variable Rate

1.45%

1.45%

Senior Notes [Member]

Debt Issuance Costs, Net

$ 2,200

Debt Instrument, Face Amount

$ 250,000

Debt Instrument, Interest Rate, Stated Percentage

3.85%

Proceeds from Issuance of Long-term Debt

$ 248,400

Fair Value Inputs, Discount Rate

0.028%

Notes Payable

247,800

Mortgages [Member]

Long-term Debt

1,610,802

$ 1,618,080

Debt Issuance Costs, Net

$ 4,695

$ 5,010

Secured Debt [Member]

Mortgage Loans on Real Estate, Number of Loans

30

Number of Partial Recourse Loans

1

Number of Full-Recourse Loans

1

Number of Cross-Defaulted and Cross-Collateralized Mortgage Pools With Collateral Properties

36

Number of Properties, Cross-Defaulted and Cross-Collateralized Mortgages, Total

2

Mortgage Loans On Real Estate, Minimum Number of Consecutive Quarters for Which Cash Levels Should Attain the Benchmark

2

Revolving Credit Facility [Member] | Unsecured Debt [Member]

Line of Credit Facility, Maximum Borrowing Capacity

$ 900,000

Debt Instrument, Number of Extension Options

2

Debt Instrument, Period of Extension Option

180 days

Long-term Debt

$ 293,000

Debt Issuance Costs, Net

1,500

Line of Credit Facility, Remaining Borrowing Capacity

606,700

Letters of Credit Outstanding, Amount

$ 300

Debt Instrument, Interest Rate, Effective Percentage

2.23%

Revolving Credit Facility [Member] | Unsecured Debt [Member] | London Interbank Offered Rate (LIBOR) [Member]

Debt Instrument, Basis Spread on Variable Rate

1.25%

1.25%

[1]

Excludes debt issuance costs and applicable debt discounts.

Note 6 - Indebtedness - Mortgag

Note 6 - Indebtedness - Mortgage Indebtedness (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Carrying value of mortgage loans	$ 1,610,802	$ 1,618,080
Mortgages [Member]
Face amount of mortgage loans	1,603,806	1,610,429
Fair value adjustments, net	11,691	12,661
Debt issuance cost, net	(4,695)	(5,010)
Carrying value of mortgage loans	$ 1,610,802	$ 1,618,080

Note 6 - Indebtedness - Roll Fo

Note 6 - Indebtedness - Roll Forward of Mortgage Indebtedness (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Balance	$ 1,618,080
Balance	1,610,802
Mortgages [Member]
Balance	1,618,080
Debt amortization payments	(6,623)
Amortization of fair value and other adjustments	(970)
Amortization of debt issuance costs	315
Balance	$ 1,610,802

Note 6 - Indebtedness - Fair Va

Note 6 - Indebtedness - Fair Value of Debt (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2017	Dec. 31, 2016
Mortgage notes payable		$ 1,610,802	$ 1,618,080
Unsecured Debt [Member]
Mortgage notes payable	[1]	1,290,000	1,290,000
Fair value of financial instrument		$ 1,265,188	$ 1,261,858
Weighted average discount rates assumed in calculation of fair value for financial instruments		2.86%	2.86%
Fixed Rate Mortgage [Member] | Secured Debt [Member]
Mortgage notes payable	[1]	$ 1,352,706	$ 1,359,329
Fair value of financial instrument		$ 1,395,559	$ 1,403,103
Weighted average discount rates assumed in calculation of fair value for financial instruments		3.80%	3.79%
[1]	Excludes debt issuance costs and applicable debt discounts.

Note 7 - Derivative Financial38

Note 7 - Derivative Financial Instruments (Details Textual)	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Derivative, Net Hedge Ineffectiveness Gain (Loss)	$ 100,000	$ (2,300,000)
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	400,000
Interest Rate Cash Flow Hedge Liability at Fair Value	8,223,000		$ 5,752,000
Derivative Liability, Fair Value, Amount Not Offset Against Collateral	0
Maximum [Member]
Loss Contingency, Estimate of Possible Loss	0
Deferred Costs and Other Assets [Member]
Interest Rate Derivative Assets, at Fair Value	8,223,000		5,754,000
Accounts Payable and Accrued Liabilities [Member]
Interest Rate Cash Flow Hedge Liability at Fair Value	$ 0		2,000
Interest Rate Cap [Member] | Cash Flow Hedging [Member]
Derivative, Number of Instruments Held	15
Derivative, Notional Amount	$ 1,139,600,000
Interest Rate Swap [Member] | Deferred Costs and Other Assets [Member]
Interest Rate Derivative Assets, at Fair Value	$ 8,223,000		$ 5,754,000
December 2015 Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt, Floor Interest Rate	0.00%

Note 7 - Derivative Financial39

Note 7 - Derivative Financial Instruments - Fair Value of Derivative Financial Instruments (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Derivative instruments, net	$ 8,223,000	$ 5,752,000
Deferred Costs and Other Assets [Member]
Asset derivatives	8,223,000	5,754,000
Accounts Payable and Accrued Liabilities [Member]
Derivative instruments, net	$ 0	$ 2,000

Note 7 - Derivative Financial40

Note 7 - Derivative Financial Instruments - Effect of Derivative Financial Instruments (Details) - Interest Rate Derivative [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Expense [Member]
Interest rate products	$ 1,086	$ 1,931
Interest rate products	92	(2,342)
Other Comprehensive Income (Loss) [Member]
Interest rate products	$ 1,263	$ (15,397)

Note 7 - Derivative Financial41

Note 7 - Derivative Financial Instruments - Liabilities Measured on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Derivative instruments, net	$ 8,223	$ 5,752
Fair Value, Inputs, Level 1 [Member]
Derivative instruments, net	0	0
Fair Value, Inputs, Level 2 [Member]
Derivative instruments, net	8,223	5,752
Fair Value, Inputs, Level 3 [Member]
Derivative instruments, net	$ 0	$ 0

Note 8 - Equity (Details Textua

Note 8 - Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Feb. 21, 2017	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Mar. 27, 2015	May 28, 2014
Common Stock, Capital Shares Reserved for Future Issuance		35,127,735
Allocated Share-based Compensation Expense Reversal			$ 1.2
Common Stock, Dividends, Per Share, Declared		$ 0.25	$ 0.25
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period		1,566	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period		34,452	1,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		941,558
Allocated Share-based Compensation Expense		$ 1.5	$ 1.9
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		0	0
Washington Prime Group, L.P. 2014 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized							10,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Annually Available for Grant Per Participant							500,000
The 2017 Annual Long-term Incentive Awards [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Shares, Contingent Right	1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		358,198
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Grant Date Fair Value, Grants During Period		$ 3.4
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
The 2017 Annual Long-term Incentive Awards [Member] | Restricted Stock Units (RSUs) [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		33.33%
The 2017 Annual Long-term Incentive Awards [Member] | Restricted Stock Units (RSUs) [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	33.33%
The 2017 Annual Long-term Incentive Awards [Member] | Restricted Stock Units (RSUs) [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	33.33%
The 2017 Annual Long-term Incentive Awards [Member] | Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		358,198
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Grant Date Fair Value, Grants During Period		$ 2.8
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
The 2017 Annual Long-term Incentive Awards [Member] | Performance Shares [Member] | Minimum [Member]
Percentage of Awards Earned Based on Achievement of TSR Goals		0.00%
The 2017 Annual Long-term Incentive Awards [Member] | Performance Shares [Member] | Maximum [Member]
Percentage of Awards Earned Based on Achievement of TSR Goals		150.00%
The 2016 Annual Long-term Incentive Awards [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		324,237
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Grant Date Fair Value, Grants During Period		$ 2.2
The 2016 Annual Long-term Incentive Awards [Member] | Long Term Incentive Plan Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Minimum Employee Subscription Rate				30.00%
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate				100.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Awards, Calculation Input				15 days
Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Awards That Can Be Available for Grant With Respect to Each Performance Period Granted Based On Achievement of Strategic Goals				50.00%
Share Based Compensation Arrangement By Share Based Payment Award Percentage of Awards That Can Be Available for Grant With Respect to Each Performance Period Granted Based on Achievement of Absolute TSR Goals				50.00%
Share-based Compensation Payment by Share-based Payment Award, Achievement of Strategic Goal and TSR Performance, Payout, Expected Percentage				100.00%
The 2016 Annual Long-term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				33.33%
The 2016 Annual Long-term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				33.33%
The 2016 Annual Long-term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				33.33%
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			323,417
Share-based Compensation Arrangement by Share-based Payment Award, Minimum Employee Subscription Rate						30.00%
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate						300.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Awards, Calculation Input					15 days
Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Awards That Can Be Available for Grant With Respect to Each Performance Period Granted Based On Achievement of Strategic Goals					40.00%
Share-based Compensation Arrangement by Share-based Payment Award, Percentage of Awards That Can Be Available for Grant With Respect to Each Performance Period Granted Based On Achievement of TSR Performance					60.00%
Share-based Compensation Arrangement by Share-based Payment Award, Payout, Percentage of Allocated Units Paid Out					40.00%
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Board of Directors Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period				94,106
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Certain Former Executive Officers [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period				121,193
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			33.33%
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				33.33%
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Vesting in Three Installments [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			108,118
The 2015 Annual Long-Term Incentive Awards [Member] | Long Term Incentive Plan Units [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				33.33%

Note 9 - Commitments and Cont43

Note 9 - Commitments and Contingencies (Details Textual)	3 Months Ended
	Mar. 31, 2017
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	5.00%

Note 10 - Related Party Trans44

Note 10 - Related Party Transactions - Charges for Properties, Consolidated and Unconsolidated (Details) - Simon Property Group, Inc. [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Consolidated Properties [Member] | Property Management Costs, Services and Other [Member]
Amounts charged to related party	$ 5,238
Consolidated Properties [Member] | Insurance Premiums [Member]
Amounts charged to related party	0
Consolidated Properties [Member] | Selling and Marketing Expense [Member]
Amounts charged to related party	102
Consolidated Properties [Member] | Capitalized Leasing and Development Fees [Member]
Amounts charged to related party	1,168
Unconsolidated Properties [Member] | Property Management Costs, Services and Other [Member]
Amounts charged to related party	124
Unconsolidated Properties [Member] | Insurance Premiums [Member]
Amounts charged to related party	0
Unconsolidated Properties [Member] | Selling and Marketing Expense [Member]
Amounts charged to related party	6
Unconsolidated Properties [Member] | Capitalized Leasing and Development Fees [Member]
Amounts charged to related party	$ 8

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share/Unit - Basic and Diluted Earnings Per Share Per Unit (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Common Share, Basic:
Net income attributable to common shareholders - basic	$ 9,302	$ 8,514
Weighted average shares outstanding - basic (in shares)	186,278,173	185,436,932
Earnings per common share, basic (in dollars per share)	$ 0.05	$ 0.05
Earnings Per Common Share, Diluted:
Net income attributable to common shareholders - basic	$ 9,302	$ 8,514
Net income attributable to common unitholders	1,754	1,605
Net income attributable to common shareholders - diluted	$ 11,056	$ 10,119
Weighted average shares outstanding - basic (in shares)	186,278,173	185,436,932
Weighted average operating partnership units outstanding (in shares)	34,986,704	34,304,835
Weighted average additional dilutive securities outstanding (in shares)	525,629	657,575
Weighted average common shares outstanding - diluted (in shares)	221,790,506	220,399,342
Earnings per common share, diluted (in dollars per share)	$ 0.05	$ 0.05
Earnings Per Common Unit, Basic and Diluted:
Net income attributable to common shareholders - diluted	$ 11,056	$ 10,119
Washington Prime [Member]
Earnings Per Common Share, Diluted:
Net income attributable to common shareholders - diluted	11,056	10,119
Earnings Per Common Unit, Basic and Diluted:
Net income attributable to common shareholders - diluted	$ 11,056	$ 10,119
Weighted average common units outstanding - basic (in shares)	221,264,877	219,741,767
Weighted average additional dilutive securities outstanding (in shares)	525,629	657,575
Weighted average units outstanding - diluted (in shares)	221,790,506	220,399,342
Earnings per common unit, basic and diluted (in dollars per share)	$ 0.05	$ 0.05

Note 12 - Subsequent Events (De

Note 12 - Subsequent Events (Details Textual) - USD ($) $ in Thousands	Apr. 25, 2017	Jun. 30, 2017	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2017
Repayments of Long-term Debt			$ 104,623	$ 18,658
Mortgage Loan Secured by Mesa Mall [Member] | Scenario, Forecast [Member]
Gain (Loss) on Extinguishment of Debt		$ 21,000			$ 21,000
Subsequent Event [Member] | Mortgage Loan Secured by Mesa Mall [Member]
Debt Instrument, Face Amount	$ 87,300
Repayments of Long-term Debt	$ 63,000