Cedar Realty Trust (CDR-PB) 10-K25 Feb 142013 FY Annual reportFinancial data

Company Profile

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
Document And Entity Information (USD $)	Dec. 31, 2013	Feb. 20, 2014	Jun. 30, 2013
Document And Entity Information [Abstract]	'	'	'
Document type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'
Entity Registrant Name	'CEDAR REALTY TRUST, INC.	'	'
Entity Central Index Key	'0000761648	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Public Float	'	'	$354,746,000
Entity Common Stock, Shares Outstanding	'	79,166,226	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013		Dec. 31, 2012
Assets	'		'
Land	$286,518,000		$276,197,000
Buildings and improvements	1,153,336,000		1,137,205,000
Real estate, gross	1,439,854,000		1,413,402,000	[1]
Less accumulated depreciation	-251,605,000		-229,535,000	[1]
Real estate, net	1,188,249,000	[2]	1,183,867,000	[2]
Real estate held for sale/conveyance	81,854,000		117,673,000
Cash and cash equivalents	3,973,000		7,522,000
Restricted cash	11,063,000		13,752,000
Receivables	18,492,000		17,846,000
Other assets and deferred charges, net	28,295,000		29,243,000
Total assets	1,331,926,000		1,369,903,000
Liabilities and equity	'		'
Mortgage loans payable	516,292,000		589,168,000	[1]
Mortgage loans payable - real estate held for sale/conveyance	22,848,000		39,306,000
Unsecured credit facility	203,500,000		'
Secured credit facilities	'		156,000,000
Accounts payable and accrued liabilities	22,666,000		28,179,000
Unamortized intangible lease liabilities	26,868,000		30,502,000
Unamortized intangible lease liabilities - real estate held for sale/conveyance	4,104,000		4,998,000
Total liabilities	796,278,000		848,153,000
Noncontrolling interest - limited partners' mezzanine OP Units	414,000		623,000
Commitments and contingencies	'		'
Equity:	'		'
Common stock ($.06 par value, 150,000,000 shares authorized, 72,200,000 and 71,817,000 shares, issued and outstanding, respectively)	4,332,000		4,309,000
Treasury stock (3,514,000 and 3,822,000 shares, respectively, at cost)	-20,191,000		-21,702,000
Additional paid-in capital	747,997,000		748,194,000
Cumulative distributions in excess of net income	-393,819,000		-378,254,000
Accumulated other comprehensive loss	-1,303,000		-2,560,000
Total Cedar Realty Trust, Inc. shareholders' equity	527,677,000		513,656,000
Noncontrolling interests:	'		'
Minority interests in consolidated joint ventures	4,202,000		6,081,000
Limited partners' OP Units	3,355,000		1,390,000
Total noncontrolling interests	7,557,000		7,471,000
Total equity	535,234,000		521,127,000
Total liabilities and equity	1,331,926,000		1,369,903,000
Series A [Member]	'		'
Equity:	'		'
Preferred stock	'		34,882,000
Series B [Member]	'		'
Equity:	'		'
Preferred stock	$190,661,000		$128,787,000

[1]	Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
[2]	Restated to reflect the reclassifications of properties to "real estate held for sale/conveyance" during 2013.

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Preferred stock, shares par value	$0.01	$0.01
Preferred stock, shares authorized	12,500,000	12,500,000
Common stock, shares par value	$0.06	$0.06
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	72,200,000	71,817,000
Common stock, shares outstanding	72,200,000	71,817,000
Treasury stock, shares	3,514,000	3,822,000
Series A [Member]	'	'
Liquidation preference, per share	$25	$25
Preferred stock, shares authorized	0	1,410,000
Preferred stock, shares issued	0	1,408,000
Preferred stock, shares outstanding	0	1,408,000
Series B [Member]	'	'
Liquidation preference, per share	$25	$25
Preferred stock, shares authorized	10,000,000	7,500,000
Preferred stock, shares issued	7,950,000	5,429,000
Preferred stock, shares outstanding	7,950,000	5,429,000

Consolidated_Statements_Of_Ope

Consolidated Statements Of Operations (USD $)	12 Months Ended
Consolidated Statements Of Operations (USD $)	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
REVENUES	'		'		'
Rents	$109,798,000		$104,187,000		$100,925,000
Expense recoveries	28,472,000		25,518,000		26,056,000
Other	554,000		6,021,000		3,007,000
Total revenues	138,824,000		135,726,000		129,988,000
EXPENSES	'		'		'
Operating, maintenance and management	24,183,000		22,342,000		26,787,000
Real estate and other property-related taxes	17,772,000		17,023,000		16,156,000
General and administrative	13,980,000		14,277,000		10,740,000
Management transition charges and employee termination costs	106,000		1,172,000		6,875,000
Impairment (reversals)/charges, net	-1,100,000	[1]	5,779,000	[1]	7,148,000	[1]
Acquisition transaction costs and terminated projects	182,000		116,000		1,436,000
Depreciation and amortization	44,405,000		43,289,000		41,862,000
Total expenses	99,528,000		103,998,000		111,004,000
OPERATING INCOME	39,296,000		31,728,000		18,984,000
NON-OPERATING INCOME AND EXPENSES	'		'		'
Interest expense	-34,766,000		-38,480,000		-41,312,000
Early extinguishment of debt costs	-106,000		-2,607,000		'
Interest income	4,000		191,000		349,000
Equity in income of unconsolidated joint ventures	'		1,481,000		1,671,000
Gain (loss) on exit from unconsolidated joint ventures	'		30,526,000		-7,961,000
Gain on sales	609,000		997,000		130,000
Total non-operating income and expense	-34,259,000		-7,892,000		-47,123,000
INCOME (LOSS) FROM CONTINUING OPERATIONS	5,037,000		23,836,000		-28,139,000
DISCONTINUED OPERATIONS	'		'		'
Income from operations	2,690,000		5,504,000		7,199,000
Impairment charges, net	-3,977,000	[2]	-4,000	[2]	-88,458,000	[2]
Gain on extinguishment of debt obligations	10,452,000		'		'
Gain on sales	'		4,679,000		884,000
TOTAL INCOME (LOSS) FROM DISCONTINUED OPERATIONS	9,165,000		10,179,000		-80,375,000
NET INCOME (LOSS)	14,202,000		34,015,000		-108,514,000
Less, net loss (income) attributable to noncontrolling interests:	'		'		'
Minority interests in consolidated joint ventures	247,000		-4,335,000		2,507,000
Limited partners' interest in Operating Partnership	-1,000		26,000		2,446,000
Total net loss (income) attributable to noncontrolling interests	246,000		-4,309,000		4,953,000
NET INCOME (LOSS) ATTRIBUTABLE TO CEDAR REALTY TRUST, INC.	14,448,000		29,706,000		-103,561,000
Preferred stock dividends	-14,413,000		-14,819,000		-14,200,000
Preferred stock redemption costs	-1,166,000		-4,998,000		'
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	($1,131,000)		$9,889,000		($117,761,000)
PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS (BASIC AND DILUTED)	'		'		'
Continuing operations	($0.16)		$0.05		($0.64)
Discontinued operations	$0.13		$0.08		($1.15)
Per common share attributable to common shareholders (basic and diluted)	($0.03)		$0.13		($1.79)
Weighted average number of common shares - basic and diluted	68,381,000		68,017,000		66,387,000

[1]	Included in operating income in the accompanying statements of operations.
[2]	Included in discontinued operations in the accompanying statements of operations.

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (Loss) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements Of Comprehensive Income (Loss) [Abstract]	'	'	'
Net income (loss)	$14,202,000	$34,015,000	($108,514,000)
Other comprehensive income (loss):	'	'	'
Unrealized gain on change in fair value of cash flow hedges - Consolidated	1,260,000	836,000	3,000
Unrealized gain on change in fair value of cash flow hedges - Unconsolidated	'	118,000	-118,000
Other comprehensive income (loss)	1,260,000	954,000	-115,000
Comprehensive income (loss)	15,462,000	34,969,000	-108,629,000
Comprehensive loss (income) attributable to noncontrolling interests	243,000	-4,309,000	4,961,000
Comprehensive income (loss) attributable to Cedar Realty Trust, Inc.	$15,705,000	$30,660,000	($103,668,000)

Consolidated_Statement_Of_Equi

Consolidated Statement Of Equity (USD $)	Preferred Stock [Member]	Common Stock [Member]	Treasury Stock, At Cost [Member]	Additional Paid-In Capital [Member]	Cumulative Distributions In Excess Of Net Income [Member]	Accumulated Other Comprehensive (Loss) [Member]	Cedar Shopping Centers, Inc. [Member]	Minority Interests In Consolidated Joint Ventures [Member]	Limited Partners' OP Units [Member]	Noncontrolling Interests [Member]	Total
Balance at Dec. 31, 2010	$158,575,000	$3,991,000	($10,367,000)	$712,548,000	($231,275,000)	($3,406,000)	$630,066,000	$62,050,000	$6,355,000	$68,405,000	$698,471,000
Balance, shares at Dec. 31, 2010	6,400,000	66,520,000	'	'	'	'	'	'	'	'	'
Net income (loss)	'	'	'	'	-103,561,000	'	-103,561,000	-2,507,000	-1,320,000	-3,827,000	-107,388,000
Unrealized gain (loss) on change in fair value of cash flow hedges	'	'	'	'	'	11,000	11,000	'	-5,000	-5,000	6,000
Unrealized gain (loss) on change in fair value of cash flow hedge - unconsolidated joint venture	'	'	'	'	'	-118,000	-118,000	'	'	'	-118,000
Share-based compensation, net	'	41,000	-161,000	1,753,000	'	'	1,633,000	'	'	'	1,633,000
Share-based compensation, net, shares	'	676,000	'	'	'	'	'	'	'	'	'
Net proceeds from the sale of shares	'	2,000	'	223,000	'	'	225,000	'	'	'	225,000
Net proceeds from the sale of shares, shares	'	39,000	'	'	'	'	'	'	'	'	'
Net proceeds from dividend reinvestment and direct stock purchase plan	'	42,000	'	4,038,000	'	'	4,080,000	'	'	'	4,080,000
Net proceeds from dividend reinvestment and direct stock purchase plan, shares	'	693,000	'	'	'	'	'	'	'	'	'
Preferred stock dividends	'	'	'	'	-14,200,000	'	-14,200,000	'	'	'	-14,200,000
Distributions to common shareholders/ noncontrolling interests	'	'	'	'	-24,705,000	'	-24,705,000	-3,301,000	-276,000	-3,577,000	-28,282,000
Contribution from minority interest partners	'	'	'	'	'	'	'	269,000	'	269,000	269,000
Reallocation adjustment of limited partners' interest	'	'	'	412,000	'	'	412,000	'	664,000	664,000	1,076,000
Balance at Dec. 31, 2011	158,575,000	4,076,000	-10,528,000	718,974,000	-373,741,000	-3,513,000	493,843,000	56,511,000	5,418,000	61,929,000	555,772,000
Balance, shares at Dec. 31, 2011	6,400,000	67,928,000	'	'	'	'	'	'	'	'	'
Net income (loss)	'	'	'	'	29,706,000	'	29,706,000	4,335,000	-35,000	4,300,000	34,006,000
Unrealized gain (loss) on change in fair value of cash flow hedges	'	'	'	'	'	835,000	835,000	'	1,000	1,000	836,000
Unrealized gain (loss) on change in fair value of cash flow hedge - unconsolidated joint venture	'	'	'	'	'	118,000	118,000	'	'	'	118,000
Share-based compensation, net	'	165,000	-11,174,000	14,631,000	'	'	3,622,000	'	'	'	3,622,000
Share-based compensation, net, shares	'	2,754,000	'	'	'	'	'	'	'	'	'
Net proceeds from the sale of shares	128,787,000	'	'	-4,417,000	'	'	124,370,000	'	'	'	124,370,000
Net proceeds from the sale of shares, shares	5,429,000	'	'	'	'	'	'	'	'	'	'
Redemptions/repurchases of Series A shares	-123,693,000	'	'	3,754,000	-4,998,000	'	-124,937,000	'	'	'	-124,937,000
Redemptions/repurchases of Series A shares, shares	-4,992,000	'	'	'	'	'	'	'	'	'	'
Common stock sales and issuance expenses, net	'	'	'	-172,000	'	'	-172,000	'	'	'	-172,000
Common stock sales and issuance expenses, net, shares	'	1,000	'	'	'	'	'	'	'	'	'
Preferred stock dividends	'	'	'	'	-14,819,000	'	-14,819,000	'	'	'	-14,819,000
Distributions to common shareholders/ noncontrolling interests	'	'	'	'	-14,402,000	'	-14,402,000	-4,182,000	-74,000	-4,256,000	-18,658,000
Conversions of OP Units into common stock	'	68,000	'	7,827,000	'	'	7,895,000	'	-3,998,000	-3,998,000	3,897,000
Conversions of OP Units into common stock, shares	'	1,134,000	'	'	'	'	'	'	'	'	'
Reallocation adjustment of limited partners' interest	'	'	'	2,000	'	'	2,000	'	78,000	78,000	80,000
Acquisition of noncontrolling interest	'	'	'	7,595,000	'	'	7,595,000	-13,743,000	'	-13,743,000	-6,148,000
Disposition of noncontrolling interest	'	'	'	'	'	'	'	-36,840,000	'	-36,840,000	-36,840,000
Balance at Dec. 31, 2012	163,669,000	4,309,000	-21,702,000	748,194,000	-378,254,000	-2,560,000	513,656,000	6,081,000	1,390,000	7,471,000	521,127,000
Balance, shares at Dec. 31, 2012	6,837,000	71,817,000	'	'	'	'	'	'	'	'	'
Net income (loss)	'	'	'	'	14,448,000	'	14,448,000	-247,000	3,000	-244,000	14,204,000
Unrealized gain (loss) on change in fair value of cash flow hedges	'	'	'	'	'	1,257,000	1,257,000	'	3,000	3,000	1,260,000
Unrealized gain (loss) on change in fair value of cash flow hedge - unconsolidated joint venture	'	'	'	'	'	'	'	'	'	'	'
Share-based compensation, net	'	23,000	1,511,000	1,814,000	'	'	3,348,000	'	'	'	3,348,000
Share-based compensation, net, shares	'	378,000	'	'	'	'	'	'	'	'	'
Net proceeds from the sale of shares	61,874,000	'	'	-2,025,000	'	'	59,849,000	'	'	'	59,849,000
Net proceeds from the sale of shares, shares	2,521,000	'	'	'	'	'	'	'	'	'	'
Redemptions/repurchases of Series A shares	-34,882,000	'	'	1,056,000	-1,166,000	'	-34,992,000	'	'	'	-34,992,000
Redemptions/repurchases of Series A shares, shares	-1,408,000	'	'	'	'	'	'	'	'	'	'
Common stock sales and issuance expenses, net	'	'	'	-64,000	'	'	-64,000	'	'	'	-64,000
Common stock sales and issuance expenses, net, shares	'	2,000	'	'	'	'	'	'	'	'	'
Preferred stock dividends	'	'	'	'	-14,413,000	'	-14,413,000	'	'	'	-14,413,000
Distributions to common shareholders/ noncontrolling interests	'	'	'	'	-14,434,000	'	-14,434,000	-665,000	-38,000	-703,000	-15,137,000
Conversions of OP Units into common stock	'	'	'	24,000	'	'	24,000	'	-24,000	-24,000	'
Conversions of OP Units into common stock, shares	'	3,000	'	'	'	'	'	'	'	'	'
Issuance of OP Units	'	'	'	'	'	'	'	'	1,500,000	1,500,000	1,500,000
Redemptions of OP Units	'	'	'	'	'	'	'	'	-10,000	-10,000	-10,000
Reallocation adjustment of limited partners' interest	'	'	'	-498,000	'	'	-498,000	'	531,000	531,000	33,000
Acquisition of noncontrolling interest	'	'	'	-504,000	'	'	-504,000	-1,048,000	'	-1,048,000	-1,552,000
Disposition of noncontrolling interest	'	'	'	'	'	'	'	81,000	'	81,000	81,000
Balance at Dec. 31, 2013	$190,661,000	$4,332,000	($20,191,000)	$747,997,000	($393,819,000)	($1,303,000)	$527,677,000	$4,202,000	$3,355,000	$7,557,000	$535,234,000
Balance, shares at Dec. 31, 2013	7,950,000	72,200,000	'	'	'	'	'	'	'	'	'

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	12 Months Ended
Consolidated Statements Of Cash Flows (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
OPERATING ACTIVITIES	'	'	'
Net income (loss)	$14,202,000	$34,015,000	($108,514,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	'	'	'
Equity in income of unconsolidated joint ventures	'	-1,481,000	-1,671,000
Distributions from unconsolidated joint ventures	'	1,481,000	1,399,000
Acquisition transaction costs and terminated projects	182,000	116,000	1,436,000
Impairment (reversals)/charges, net	2,877,000	5,783,000	95,606,000
Gain on extinguishment of debt obligations	-10,452,000	'	'
Gain on sales	-609,000	-5,676,000	-1,014,000
(Gain) loss on exit from unconsolidated joint ventures	'	-30,526,000	7,961,000
Straight-line rents	-1,481,000	-997,000	-1,611,000
Provision for doubtful accounts	1,572,000	2,826,000	3,270,000
Depreciation and amortization	45,663,000	44,674,000	48,606,000
Amortization of intangible lease liabilities	-4,446,000	-5,364,000	-6,524,000
Expense and market price adjustments relating to share-based compensation, net	3,701,000	3,561,000	4,503,000
Amortization (including accelerated write-off) of deferred financing costs	2,162,000	4,875,000	4,138,000
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:	'	'	'
Rents and other receivables, net	-1,606,000	-307,000	-3,374,000
Prepaid expenses and other	-2,696,000	-195,000	-2,535,000
Accounts payable and accrued liabilities	607,000	-2,307,000	-2,578,000
Net cash provided by operating activities	49,676,000	50,478,000	39,098,000
INVESTING ACTIVITIES	'	'	'
Acquisitions of real estate	-33,000,000	'	-51,512,000
Expenditures for real estate and improvements	-20,288,000	-31,387,000	-40,492,000
Net proceeds from sales of real estate	34,713,000	34,858,000	30,586,000
Net proceeds from exit from unconsolidated joint venture	'	41,551,000	'
Net proceeds from transfers to unconsolidated joint venture	'	'	3,545,000
Investments in and advances to unconsolidated joint ventures	'	'	-4,300,000
Repayment of note receivable	1,100,000	'	'
Distributions of capital from unconsolidated joint ventures	'	2,846,000	4,315,000
Construction escrows and other	2,221,000	2,356,000	-6,235,000
Net cash (used in) provided by investing activities	-15,254,000	50,224,000	-64,093,000
FINANCING ACTIVITIES	'	'	'
Net advances/(repayments) under revolving credit facility	72,500,000	-85,317,000	33,720,000
Advances under term loans	50,000,000	75,000,000	'
Repayment under term loan	-75,000,000	'	'
Proceeds from mortgage financings	'	30,000,000	45,791,000
Mortgage repayments	-77,069,000	-79,637,000	-17,404,000
Payments of debt financing costs	-1,893,000	-4,944,000	-1,068,000
Noncontrolling interests:	'	'	'
Purchase of joint venture minority interests share	-1,552,000	-6,148,000	'
Contribution from consolidated joint venture minority interests	'	'	269,000
Distributions to consolidated joint venture minority interests	-665,000	-4,182,000	-3,301,000
Distributions to limited partners	-52,000	-99,000	-508,000
Redemptions of OP Units	-170,000	'	'
Common stock sales and issuance expenses, net	-64,000	-172,000	4,305,000
Net proceeds from sales of preferred stock	59,849,000	124,370,000	'
Redemption of preferred stock	-34,992,000	-124,937,000	'
Preferred stock dividends	-14,429,000	-14,782,000	-14,200,000
Distributions to common shareholders	-14,434,000	-14,402,000	-24,705,000
Net cash (used in) provided by financing activities	-37,971,000	-105,250,000	22,899,000
Net (decrease) in cash and cash equivalents	-3,549,000	-4,548,000	-2,096,000
Cash and cash equivalents at beginning of period	7,522,000	12,070,000	14,166,000
Cash and cash equivalents at end of period	$3,973,000	$7,522,000	$12,070,000

Business_And_Organization

Business And Organization	12 Months Ended
Business And Organization	Dec. 31, 2013
Business And Organization [Abstract]	'
Business And Organization	'
	Note 1. Business and Organization

	Cedar Realty Trust, Inc. (the "Company") is a real estate investment trust ("REIT") that focuses primarily on ownership and operation of grocery-anchored shopping centers straddling the Washington, DC to Boston corridor. At December 31, 2013, the Company owned and managed a portfolio of 65 operating properties (excluding properties “held for sale/conveyance”).
	Cedar Realty Trust Partnership, L.P. (the "Operating Partnership") is the entity through which the Company conducts substantially all of its business and owns (either directly or through subsidiaries) substantially all of its assets. At December 31, 2013, the Company owned a 99.3% economic interest in, and was the sole general partner of, the Operating Partnership. The limited partners’ interest in the Operating Partnership (0.7% at December 31, 2013) is represented by Operating Partnership Units (“OP Units”). The carrying amount of such interest is adjusted at the end of each reporting period to an amount equal to the limited partners’ ownership percentage of the Operating Partnership’s net equity. The approximately 516,000 OP Units outstanding at December 31, 2013 are economically equivalent to the Company’s common stock. The holders of OP Units have the right to exchange their OP Units for the same number of shares of the Company’s common stock or, at the Company’s option, for cash.

	As used herein, the "Company" refers to Cedar Realty Trust, Inc. and its subsidiaries on a consolidated basis, including the Operating Partnership or, where the context so requires, Cedar Realty Trust, Inc. only.

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Summary Of Significant Accounting Policies	'
	Note 2. Summary of Significant Accounting Policies

	Principles of Consolidation/Basis of Preparation

	The consolidated financial statements include the accounts and operations of the Company, the Operating Partnership, its subsidiaries, and certain joint venture partnerships in which it participates. The Company consolidates all variable interest entities (“VIEs”) for which it is the primary beneficiary. Generally, a VIE is an entity with one or more of the following characteristics: (1) the total equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support, (2) as a group, the holders of the equity investment at risk (a) lack the power through voting or similar rights to make decisions about the entity’s activities that significantly impact the entity’s performance, (b) have no obligation to absorb the expected losses of the entity, or (c) have no right to receive the expected residual returns of the entity, or (3) the equity investors have voting rights that are not proportional to their economic interests, and substantially all of the entity’s activities either involve, or are conducted on behalf of, an investor that has disproportionately fewer voting rights. A VIE is required to be consolidated by its primary beneficiary. The primary beneficiary of a VIE has (1) the power to direct the activities that most significantly impact the entity’s economic performance, and (2) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. Significant judgments related to these determinations include estimates about the current and future fair values, performance of real estate held by these VIEs, and general market conditions.

	The Company has a 60%-owned joint venture originally formed to develop the project known as Crossroads II. This joint venture is consolidated as it is deemed to be a VIE and the Company is the primary beneficiary. The Company (1) guarantees all related debt, (2) its partners are not required to fund additional capital requirements, (3) it has an economic interest greater than its voting proportion and (4) it participates in the management activities that significantly impact the performance of the joint venture. As a result of these and other factors, the Company includes 100% of the joint venture’s results of operations in net income (loss) attributable to common shareholders. At December 31, 2013, this VIE owned real estate with a carrying value of $41.1 million and no mortgage loan payable.

	With respect to its two other consolidated joint venture properties, the Company is the general partner and has a partnership interest of 40% in each. As (1) such entities are not VIEs, and (2) the Company is the sole general partner and exercises substantial operating control over these entities, the Company has determined that such entities should be consolidated for financial statement purposes. Current accounting guidance provides a framework for determining whether a general partner controls, and should consolidate, a limited partnership or similar entity in which it owns a minority interest.

	The Company also had two 60%-owned joint ventures originally formed to develop the projects known as Heritage Crossings and Upland Square. Heritage Crossings was sold in May 2013 (see Note 4 – “Properties Held For Sale and Related Transactions”) and the Company acquired the remaining 40% interest in Upland Square in October 2013 (see Note 3 – “Real Estate”). Prior to these respective dates, these joint ventures were consolidated as they were deemed to be VIEs and the Company was the primary beneficiary. The Company (1) had guaranteed all related debt, (2) its partners were not required to fund additional capital requirements, (3) it has an economic interest greater than its voting proportion, and (4) it participated in the management activities that significantly impact the performance of the joint venture. As a result of these and other factors, the Company included 100% of the joint ventures’ results of operations in net income (loss) attributable to common shareholders.

	The Company also had a 20% interest in the Cedar/RioCan joint venture, which the the Company accounted for under the equity method (the Company exited the joint venture in October 2012). Although the Company provided management and other services, RioCan had significant management participation rights, thus the Company had determined that this joint venture was not a VIE (see Note 5 - “Investment in Cedar/RioCan Joint Venture”).

	With respect to its interest in the Homburg joint venture properties (buy/sell provisions were concluded in October 2012 - see Note 4 – “Properties Held For Sale and Related Transactions”), the Company was the general partner and had partnership interests of 20% in each of the venture’s nine properties. As (1) such entities are not VIEs, and (2) the Company was the sole general partner and exercised substantial operating control over these entities, the Company had determined that such entities should be consolidated for financial statement purposes.

	Until June 2011, the Company had an approximate 85% limited partner’s interest in an unconsolidated joint venture which owned a single-tenant property in Philadelphia, Pennsylvania. The Company had determined that this joint venture was not a VIE. As the Company had no control over the entity, did not provide any management or other services to the entity, and had no substantial participating or “kick out” rights, the Company had accounted for its investment in this joint venture under the equity method. In June 2011, the Company (1) obtained appropriate releases, (2) assigned its limited partnership interest to other partners of the joint venture, and (3) wrote off its investment in the joint venture (as more fully discussed in Note 4 – “Properties Held For Sale and Related Transactions”).

	The accompanying financial statements are prepared on the accrual basis in accordance with accounting principles generally accepted in the United States (“GAAP”), which requires management to make estimates and assumptions that affect the disclosure of contingent assets and liabilities, the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods covered by the financial statements. Actual results could differ from these estimates.

	The consolidated financial statements reflect certain reclassifications of prior period amounts to conform to the 2013 presentation, principally to reflect the sale and/or treatment as “held for sale/conveyance” of certain operating properties and the treatment thereof as “discontinued operations”. The reclassifications had no impact on previously-reported net income attributable to common shareholders or earnings per share.

	Real Estate Investments

	Real estate investments are carried at cost less accumulated depreciation. The provision for depreciation is calculated using the straight-line method based upon the estimated useful lives of the respective assets of between 3 and 40 years. Depreciation expense amounted to $41.1 million, $40.0 million and $38.8 million for 2013, 2012 and 2011, respectively. Expenditures for betterments that substantially extend the useful lives of the assets are capitalized. Expenditures for maintenance, repairs, and betterments that do not substantially prolong the normal useful life of an asset are charged to operations as incurred.

	Real estate investments include costs of ground-up development and redevelopment activities, and construction in progress. Capitalized costs, including interest and other carrying costs during the construction and/or renovation periods, are included in the cost of the related asset and charged to operations through depreciation over the asset's estimated useful life. A variety of costs are incurred in the acquisition, development and leasing of a property, such as pre-construction costs essential to the development of the property, development costs, construction costs, interest costs, real estate taxes, salaries and related costs, and other costs incurred during the period of development. After a determination is made to capitalize a cost, it is allocated to the specific component of a project that is benefited. The Company ceases capitalization on the portions substantially completed and occupied, or held available for occupancy, and capitalizes only those costs associated with the portions under development. The Company considers a construction project to be substantially completed and held available for occupancy upon the completion of tenant improvements, but not later than one year from cessation of major construction activity.

	The Company allocates the fair value of real estate acquired to land, buildings and improvements. In addition, the fair value of in-place leases is allocated to intangible lease assets and liabilities. The fair value of the tangible assets of an acquired property is determined by valuing the property as if it were vacant, which value is then allocated to land, buildings and improvements based on management’s determination of the relative fair values of these assets. In valuing an acquired property’s intangibles, factors considered by management include an estimate of carrying costs during the expected lease-up periods, such as real estate taxes, insurance, other operating expenses, and estimates of lost rental revenue during the expected lease-up periods based on its evaluation of current market demand. Management also estimates costs to execute similar leases, including leasing commissions, tenant improvements, legal and other related costs.

	The values of acquired above-market and below-market leases are recorded based on the present values (using discount rates which reflect the risks associated with the leases acquired) of the differences between the contractual amounts to be received and management’s estimate of market lease rates, measured over the terms of the respective leases that management deemed appropriate at the time of the acquisitions. Such valuations include a consideration of the non-cancellable terms of the respective leases as well as any applicable renewal periods. The fair values associated with below-market rental renewal options are determined based on the Company’s experience and the relevant facts and circumstances that existed at the time of the acquisitions. The values of above-market leases are amortized to rental income over the terms of the respective non-cancelable lease periods. The portion of the values of below-market leases associated with the original non-cancelable lease terms are amortized to rental income over the terms of the respective non-cancelable lease periods. The portion of the values of the leases associated with below-market renewal options that are likely of exercise are amortized to rental income over the respective renewal periods. The value of other intangible assets (including leasing commissions, tenant improvements, etc.) is amortized to expense over the applicable terms of the respective leases. If a lease were to be terminated prior to its stated expiration or not renewed, all unamortized amounts relating to that lease would be recognized in operations at that time.

	Management reviews each real estate investment for impairment whenever events or circumstances indicate that the carrying value of a real estate investment may not be recoverable. The review of recoverability of real estate investments held for use is based on an estimate of the future cash flows that are expected to result from the real estate investment's use and eventual disposition. These cash flows consider factors such as expected future operating income, trends and prospects, as well as the effects of leasing demand, capital expenditures, competition and other factors. If an impairment event exists due to the projected inability to recover the carrying value of a real estate investment, an impairment loss is recorded to the extent that the carrying value exceeds estimated fair value.

	Sales of real estate are recognized only when sufficient down payments have been obtained, possession and other attributes of ownership have been transferred to the buyer and the Company has no significant continuing involvement. The Company believes these criteria were met for all real estate sold during 2013, 2012 and 2011.

	In 2013, 2012, and 2011, the Company included in acquisition transaction costs and terminated projects (1) $0.2 million, $0.1 million and $0.9 million, respectively, related to properties the Company acquired, and (2) costs incurred for potential development projects of $0, $0 and $0.5 million, respectively, that the Company determined would not go forward.

	Cash and Cash Equivalents / Restricted Cash

	Cash and cash equivalents consist of cash in banks and short-term investments with original maturities of less than ninety days, and include cash at consolidated joint ventures of $1.5 million and $1.6 million at December 31, 2013 and 2012, respectively.

	The terms of several of the Company’s mortgage loans payable require the Company to deposit certain replacement and other reserves with its lenders. Such “restricted cash” is generally available only for property-level requirements for which the reserves have been established.

	Fair Value Measurements
	The accounting guidance for fair value measurement establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels:
		·	Level 1 – Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
		·	Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
		·	Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

	The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible while also considering counterparty credit risk in the assessment of fair value.

	Revenue Recognition and Receivables

	Management has determined that all of the Company's leases with its various tenants are operating leases. Rental income with scheduled rent increases is recognized using the straight-line method over the respective non-cancelable terms of the leases. The aggregate excess of rental revenue recognized on a straight-line basis over the contractual base rents is included in receivables on the consolidated balance sheet. Leases also generally contain provisions under which the tenants reimburse the Company for a portion of property operating expenses and real estate taxes incurred, generally attributable to their respective allocable portions of gross leasable area. Such income is recognized in the periods earned. In addition, a limited number of operating leases contain contingent rent provisions under which tenants are required to pay, as additional rent, a percentage of their sales in excess of a specified amount. The Company defers recognition of contingent rental income until those specified sales targets are met. Revenues also include items such as lease termination fees, which tend to fluctuate more than rents from year to year. Termination fees are fees that the Company has agreed to accept in consideration for permitting certain tenants to terminate their lease prior to the contractual expiration. The Company recognizes lease termination income when the following conditions are met: (1) the lease termination agreement has been executed, (2) the lease termination fee is determinable, (3) all the Company’s landlord services pursuant to the terminated lease have been rendered, and (4) collectability of the lease termination fee is assured.

	The Company must make estimates as to the collectability of its accounts receivable related to base rent, straight-line rent, percentage rent, expense reimbursements and other revenues. When management analyzes accounts receivable and evaluates the adequacy of the allowance for doubtful accounts, it considers such things as historical bad debts, tenant creditworthiness, current economic trends, current developments relevant to a tenant’s business specifically and to its business category generally, and changes in tenants’ payment patterns. The allowance for doubtful accounts was $5.1 million and $5.4 million at December 31, 2013 and 2012, respectively. The provision for doubtful accounts (included in operating, maintenance and management expenses) was $1.8 million, $1.9 million and $1.9 million in 2013, 2012 and 2011, respectively.



	Income Taxes

	The Company has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”). A REIT will generally not be subject to federal income taxation on that portion of its income that qualifies as REIT taxable income, to the extent that it distributes at least 90% of such REIT taxable income to its shareholders and complies with certain other requirements. As of December 31, 2013, the Company was in compliance with all REIT requirements.

The Company follows a two-step approach for evaluating uncertain federal, state and local tax positions. Recognition (step one) occurs when an enterprise concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustained upon examination. Measurement (step two) determines the amount of benefit that more-likely-than-not will be realized upon settlement. Derecognition of a tax position that was previously recognized would occur when a company subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained. The Company has not identified any uncertain tax positions which would require an accrual.

Derivative Financial Instruments

The Company occasionally utilizes derivative financial instruments, principally interest rate swaps, to manage its exposure to fluctuations in interest rates. The Company has established policies and procedures for risk assessment, and the approval, reporting and monitoring of derivative financial instruments. Derivative financial instruments must be effective in reducing the Company’s interest rate risk exposure in order to qualify for hedge accounting. When the terms of an underlying transaction are modified, or when the underlying hedged item ceases to exist, all changes in the fair value of the instrument are marked-to-market with changes in value included in net income for each period until the derivative financial instrument matures or is settled. Any derivative financial instrument used for risk management that does not meet the hedging criteria is marked-to-market with the changes in value included in net income. The Company has not entered into, and does not plan to enter into, derivative financial instruments for trading or speculative purposes.

Noncontrolling Interest - Limited Partners’ Mezzanine OP Units

The Company follows the accounting guidance related to noncontrolling interests in consolidated financial statements, which clarifies that a noncontrolling interest in a subsidiary (minority interests or certain limited partners’ interest, in the case of the Company), subject to the classification and measurement of redeemable securities, is an ownership interest in a consolidated entity which should be reported as equity in the parent company’s consolidated financial statements. The guidance requires a reconciliation of the beginning and ending balances of equity attributable to noncontrolling interests and disclosure, on the face of the consolidated income statement, of those amounts of consolidated net income attributable to the noncontrolling interests. The Company classifies the balances related to minority interests in consolidated joint ventures and limited partners’ interest in the Operating Partnership into the consolidated equity accounts, as appropriate. Certain noncontrolling interests of the Company are classified in the mezzanine section of the balance sheet (the “mezzanine OP Units”) as such OP Units do not meet the requirements for equity classification (certain of the holders of such OP Units have registration rights that provide such holders with the right to demand registration under the federal securities laws of the common stock of the Company issuable upon conversion of such OP Units). The Company adjusts the carrying value of the mezzanine OP Units each period to equal the greater of its historical carrying value or its redemption value. Through December 31, 2013, there have been no cumulative net adjustments recorded to the carrying amounts of the mezzanine OP Units.

Share-Based Compensation

In June 2012, the Company’s shareholders approved the 2012 Stock Incentive Plan (the “2012 Plan”), which was designed to replace the existing 2004 Stock Incentive Plan (the “2004 Plan”). In connection with the approval of the 2012 Plan, the Company agreed not to grant any additional new awards under the 2004 Plan. The 2012 Plan establishes the procedures for the granting of incentive stock options, stock appreciation rights, restricted stock awards, performance units, performance shares and specifically provides for the awarding of the remaining 2.0 million shares to the Company’s President and Chief Executive Officer, as provided in his employment agreement. The maximum number of shares of the Company’s common stock that may be issued pursuant to the 2012 Plan is 4.5 million, and the maximum number of shares that may be granted to a participant in any calendar year may not exceed 500,000. All grants issued pursuant to the 2012 Plan and 2004 Plan are “restricted stock grants” which generally vest (1) at the end of designated time periods for time-based grants, or (2) upon the completion of a designated period of performance for performance-based grants and satisfaction of performance criteria. Time–based grants are valued according to the market price for the Company’s common stock at the date of grant. For performance-based grants, the Company generally engages an independent appraisal company to determine the value of the shares at the date of grant, taking into account the underlying contingency risks associated with the performance criteria. The value of all grants is being expensed on a straight-line basis over the respective vesting periods (irrespective of achievement of the performance-based grants) adjusted, as applicable, for forfeitures. For restricted share grants subject to graded vesting, the amounts expensed are at least equal to the measured expense of each vested tranche. Based on the terms of the 2012 Plan and 2004 Plan, those grants of restricted shares that are transferred to Rabbi Trusts are classified as treasury stock on the Company’s consolidated balance sheet.



Supplemental Consolidated Statements of Cash Flows Information


		Years ended December 31,
		2013	2012	2010
Supplemental disclosure of cash activities:
Cash paid for interest		$ 36,114,000	$ 43,663,000	$ 47,611,000
Supplemental disclosure of non-cash activities:
Capitalization of interest and deferred financing costs		915,000	1,314,000	2,629,000
Conversions of OP Units into common stock		24,000	7,895,000	-
Issuance of OP Units in connection with a property acquisition		-1,500,000	-	-
Deed-in-lieu of foreclosure of a property:
Real estate transferred		-4,724,000	-	-
Mortgage loan payable and related obligations settled		13,878,000	-	-
Mortgage loans payable assumed by buyers		-	76,632,000	24,273,000
Exchange of joint venture interest for 100% interest in unconsolidated joint venture property:
Real estate and related assets acquired		-	75,127,000	-
Mortgage loan payable assumed		-	-43,112,000	-
Acquisition of noncontrolling interests in consolidated joint venture properties		-	7,595,000	-
Disposition of noncontrolling interests in consolidated joint venture properties		-	-36,840,000	-


Recently-Issued Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board issued guidance on the presentation and disclosure of reclassification adjustments out of accumulated other comprehensive income (“AOCI”). The standard requires an entity to present information about significant items reclassified out of AOCI by component either on the face of the statement where net income is presented or as a separate disclosure in the notes to the financial statements. The guidance was effective beginning January 1, 2013 and applied on a prospective basis. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.

Real_Estate

Real Estate	12 Months Ended
Real Estate	Dec. 31, 2013
Real Estate [Abstract]	'
Real Estate	'
	Note 3. Real Estate

	Real estate activity for 2013 and 2012 is comprised of the following:



		Years ended December 31,
		2013	2012
	Cost
	Balance, beginning of year (a)	$ 1,413,402,000	$ 1,316,927,000
	Property acquired	34,666,000	76,185,000
	Land parcel sold	-1,351,000	-
	Improvements and betterments	12,133,000	20,389,000
	Write-off of fully-depreciated assets	-18,996,000	-99,000
	Balance, end of the year	$ 1,439,854,000	$ 1,413,402,000

	Accumulated depreciation
	Balance, beginning of the year (a)	$ (229,535,000)	$ (189,608,000)
	Depreciation expense	-41,066,000	-40,026,000
	Write-off of fully-depreciated assets	18,996,000	99,000
	Balance, end of the year	$ (251,605,000)	$ (229,535,000)

	Net book value	$ 1,188,249,000	$ 1,183,867,000

	(a) Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".

	On August 16, 2013, the Company exercised the buy/sell option pursuant to the terms of the 60%-owned joint venture originally formed for the development of the Upland Square project, and the Company’s partner opted not to meet the offered purchase option. The Company acquired the remaining 40% interest in the property on October 31, 2013 for approximately $1.6 million, reflecting the Company’s preferred interest in the joint venture. As the property was previously controlled and consolidated by the Company, the acquisition of the 40% noncontrolling interest was recorded as a capital transaction. As such, the excess ($0.5 million) paid by the Company over the carrying value of the noncontrolling interest was recorded as a decrease in the Company’s shareholders’ equity.

	On November 18, 2013, the Company acquired the Big Y Shopping Center located in Fairfield County, Connecticut. The purchase price for the property was approximately $34.5 million, of which approximately $33 million was initially funded from the Company’s credit facility and the $1.5 million balance by the issuance of approximately 270,000 OP Units (based on the market price of the Company’s common stock). The Company incurred transaction costs of $0.2 million in connection with the transaction.

	As more fully discussed in Note 5 – “Investment in Cedar/RioCan Joint Venture”, on October 10, 2012, the Company acquired a 100% interest in Franklin Village Plaza, located in Franklin, Massachusetts. As more fully discussed in Note 4 – “Properties Held For Sale and Related Transactions”, on October 12, 2012, the Company acquired the non-controlling 80% ownership interests in Meadows Marketplace, located in Hershey, Pennsylvania, and Fieldstone Marketplace, located in New Bedford, Massachusetts.

	At December 31, 2013, a number of the Company’s shopping center properties were pledged as collateral for mortgage loans payable. See Note 10 - “Mortgage Loans Payable and Credit Facility” for information relating to the amendment, on an unsecured basis, of the Company’s credit facility.

Properties_Held_For_Sale_and_R

Properties Held For Sale and Related Transactions	12 Months Ended
Properties Held For Sale and Related Transactions	Dec. 31, 2013
Properties Held For Sale and Related Transactions [Abstract]	'
Properties Held For Sale and Related Transactions	'
	Note 4 – Properties Held For Sale and Related Transactions

	The Company determined in 2011 (1) to completely exit the Ohio market, principally the Discount Drug Mart portfolio of drugstore/convenience centers, and concentrate on the region that straddles the Washington DC to Boston corridor, (2) to concentrate on grocery-anchored strip centers, by disposing of its mall and single-tenant/triple-net-lease properties, (3) to focus on improving operations and performance at the Company’s remaining properties, and (4) to reduce development activities, by disposing of certain development projects, land acquired for development, and other non-core assets.

	The carrying values of the assets and liabilities of these properties, principally the net book values of the real estate and the related mortgage loans payable to be assumed by the buyers (or conveyed to the mortgagees), have been reclassified as “held for sale/conveyance” on the Company’s consolidated balance sheets at December 31, 2013 and December 31, 2012. In addition, the properties’ results of operations have been classified as “discontinued operations” for all years presented. The Company anticipates that sales of all such properties remaining classified as “held for sale” will be concluded during 2014.

	The Company conducts a continuing review of the values for all remaining properties “held for sale/conveyance” based on final sales prices and sales contracts entered into. Impairment charges/reversals, if applicable, are based on a comparison of the carrying values of the properties with either (1) actual sales prices less costs to sell for properties sold, or contract amounts for properties in the process of being sold, (2) estimated sales prices based on discounted cash flow analyses, if no contract amounts were as yet being negotiated, as discussed in more detail in Note 6 — “Fair Value Measurements”, or (3) with respect to land parcels, estimated sales prices, less cost to sell, based on comparable sales completed in the selected market areas. Prior to the Company’s plan to dispose of properties reclassified to “held for sale/conveyance”, the Company performed recoverability analyses based on the estimated undiscounted cash flows that were expected to result from the real estate investments’ use and eventual disposal. The projected undiscounted cash flows of each property reflected that the carrying value of each real estate investment would be recovered. However, as a result of the properties’ meeting the “held for sale” criteria, such properties were written down to the lower of their carrying value and estimated fair values less costs to sell.
	The following is a summary of the components of income (loss) from discontinued operations:


			Years ended December 31,
			2013		2012		2011
	REVENUES
	Rents		$ 10,517,000		$ 20,608,000		$ 31,515,000
	Expense recoveries and other		2,973,000		5,261,000		7,956,000
	Total revenues		13,490,000		25,869,000		39,471,000
	EXPENSES
	Operating, maintenance and management		3,889,000		7,476,000		9,866,000
	Real estate and other property-related taxes		2,761,000		4,205,000		5,849,000
	Depreciation and amortization		1,258,000		1,385,000		6,744,000
	Interest		2,455,000		7,299,000		9,813,000
	Early extinguishment of debt costs		437,000		-		-
	Total expenses		10,800,000		20,365,000		32,272,000

	INCOME FROM OPERATIONS		2,690,000		5,504,000		7,199,000
	IMPAIRMENT CHARGES, NET		-3,977,000		-4,000		-88,458,000
	GAIN ON EXTINGUISHMENT OF DEBT OBLIGATIONS		10,452,000		-		-
	GAIN ON SALES		-		4,679,000		884,000

	TOTAL INCOME (LOSS) FROM DISCONTINUED OPERATIONS		$ 9,165,000		$ 10,179,000		$ (80,375,000)




	Impairment charges and other write-offs are summarized as follows:


		Years ended December 31,
		2013		2012		2011

	Impairment (reversals)/charges - Ohio property loan
	(2013 and 2012), and land parcels (2012 and 2011) (a)	$ (1,100,000)		$ 5,779,000		$ 7,148,000
	Loss on exit from unconsolidated joint venture (b)	$ -		$ -		$ 7,961,000
	Impairment charges, net - properties held
	for sale/conveyance (c)	$ 3,977,000		$ 4,000		$ 88,458,000

	(a) Included in operating income in the accompanying statements of operations.
	(b) Represents the write-off of an investment in an unconsolidated joint venture, and is included in non-operating income and expense in the accompanying statements of operations.
	(c) Included in discontinued operations in the accompanying statements of operations.


	In April 2011, the Company made a two-year $4.1 million loan to the developers of a site located in Reynoldsburg, Ohio (the developers are members of the group from which the Company acquired substantially all of its drug store/convenience centers). The loan bore interest at 6.25% per annum and was collateralized by a first mortgage on the development parcel and personal guarantees from certain of the borrowers. During the fourth quarter of 2012, the borrowers failed to make a scheduled payment. The Company concluded that the loan was unlikely to be paid given (1) the current inability of the developers to find an anchor tenant for the development site, (2) certain use restrictions on the land, and (3) numerous legal judgments against individuals that provided the personal guarantees. As a result, the Company wrote off the loan and accrued interest in the fourth quarter of 2012, resulting in an impairment charge of $4.4 million. Subsequently, on March 28, 2013, the borrowers sold the development land parcel for approximately $1.1 million and, simultaneously, the Company accepted $1.1 million in full satisfaction of the loan. As a result, the Company recorded an impairment reversal of $1.1 million during the first quarter of 2013, which is included in continuing operations in the accompanying consolidated statements of operations.

	Impairment charges, net, included in discontinued operations for 2013 included impairment charges relating to properties classified as held for sale during the fourth quarter of 2013 ($3.3 million), and net impairment charges ($0.7 million) from updating valuations based on current negotiations, letters of intent, and final sales proceeds. Impairment charges included in discontinued operations for 2011 included $36.6 million related to development projects and other non-core properties, $33.1 million related to malls, $11.1 million related to the Discount Drug Mart portfolio, $5.3 million related to single-tenant/triple-net-lease properties, and $2.4 million related to the Homburg joint venture properties.

	2013 Transactions

	During 2013, the Company completed the following transactions related to properties “held for sale/conveyance”:


			Percent				Date		Sales		Gain on
	Property		Sold		Location		Sold		Price		Sale
	Discontinued operations:
East Chestnut		100%		Lancaster, PA		1/2/13		$ 3,100,000		$ -
Columbia Mall		100%		Bloomsburg, PA		4/17/13		2,775,000		-
Heritage Crossing		100%		Limerick, PA		5/9/13		9,400,000		-
Westlake Discount Drug Mart Plaza		100%		Westlake, OH		6/5/13		2,240,000		-
Dunmore Shopping Center		100%		Dunmore, PA		11/8/13		4,000,000		-
Roosevelt II		100%		Philadelphia, PA		11/14/13		13,878,000	(a)	-
Oakhurst Plaza		100%		Harrisburg, PA		12/11/13		11,000,000		-
								$ 46,393,000		$ -

Continuing operations:
Huntingdon Plaza land parcel		100%		Huntingdon, PA		3/29/13		$ 390,000		$ 266,000
Upland Square land parcel		100%		Pottstown, PA		11/8/13		1,700,000		215,000
Oregon Pike (land parcel)		100%		Lancaster, PA		12/23/13		1,451,000		-
								$ 3,541,000		$ 481,000

(a) Lender accepted a deed-in-lieu of foreclosure on the property. Sales price represents mortgage loan payable, accrued interest and other expenses forgiven upon title transfer.

On June 5, 2013, the Company sold, through a short sale, Westlake Discount Drug Mart Plaza for net proceeds of $2.1 million. As of that date, the balance of the mortgage loan payable secured by the sold property, including accrued interest and real estate taxes, totaled $3.4 million. The lender accepted the net proceeds of $2.1 million in full satisfaction of the mortgage loan payable and related accrued interest. As a result, the Company recorded a $1.3 million gain on the extinguishment of a debt obligation during the second quarter of 2013, which is included in discontinuing operations in the accompanying consolidated statements of operations.

On November 14, 2013, the Roosevelt II lender accepted and recorded the deed to the property, thus completing the deed-in-lieu of foreclosure process in full satisfaction of the mortgage loan payable and related accrued interest aggregating $13.9 million. Based on the $4.7 million carrying value of the property, the Company recorded a $9.2 million gain on the extinguishment of a debt obligation of in the fourth quarter of 2013, which is included in discontinued operations in the accompanying consolidated statements of operations.

In December 2013, the Company determined to sell the following western Pennsylvania properties to further concentrate on the region that straddles the Washington DC to Boston corridor ; (1) Huntingdon Plaza, located in Huntingdon, Pennsylvania, (2) Lake Raystown Plaza, located in Huntingdon, Pennsylvania and (3) Townfair Center, located in Indiana, Pennsylvania. As such, the properties have been treated as “discontinued operations” for all periods presented.

As of December 31, 2013, the Company was in the process of negotiating with the respective lenders to two of its properties (Gahanna Discount Drug Mart Plaza and McCormick Place) to convey the properties either through short sale, foreclosure, or deed-in-lieu of foreclosure processes (mortgage loans payable and accrued interest and real estate taxes aggregated $8.1 million at that date). In connection with these conveyances, each applicable subsidiary borrower has stopped paying monthly mortgage payments and is currently in default on these non-recourse mortgages. At the time of such conveyances, the Company would recognize gains (an aggregate of approximately $1.9 million as of December 31, 2013) based on the excess of the carrying amounts of the liabilities (mortgage principal and any accrued property-related expenses) over the carrying amounts of the properties.

2012 Transactions

During 2012, the Company completed the following transactions related to properties “held for sale/conveyance”:





		Percent				Date		Sales		Gain on
Property		Sold		Location		Sold		Price		Sale
Discontinued operations:
Hilliard Discount Drug Mart Plaza		100%		Hilliard, OH		2/7/12		$ 1,434,000		$ -
First Merit Bank at Akron		100%		Akron, OH		2/23/12		633,000		-
Grove City Discount Drug Mart Plaza		100%		Grove City, OH		3/12/12		1,925,000		-
CVS at Naugatuck		50%		Naugatuck, CT		3/20/12		3,350,000		457,000
CVS at Bradford		100%		Bradford, PA		3/30/12		967,000		-
CVS at Celina		100%		Celina, OH		3/30/12		1,449,000		-
CVS at Erie		100%		Erie, PA		3/30/12		1,278,000		-
CVS at Portage Trail		100%		Akron, OH		3/30/12		1,061,000		-
Rite Aid at Massillon		100%		Massillon, OH		3/30/12		1,492,000		-
Kingston Plaza		100%		Kingston, NY		4/12/12		1,182,000		293,000
Stadium Plaza		100%		East Lansing, MI		5/3/12		5,400,000		-
Homburg Joint Venture (seven properties)		20%		Various		10/12/12		23,642,000		3,929,000
The Point at Carlisle		100%		Carlisle, PA		10/15/12		7,350,000		-
								$ 51,163,000		$ 4,679,000

Continuing operations:
Blue Mountain Commons (land parcel)		100%		Harrisburg. PA		6/19/12		$ 102,000		$ 79,000
Oregon Pike (land parcel)		100%		Lancaster, PA		6/28/12		1,100,000		-
Trindle Springs (land parcel)		100%		Mechanicsburg, PA		7/20/12		800,000		-
Aston (land parcel)		100%		Aston, PA		7/27/12		1,365,000		402,000
Wyoming (land parcel)		100%		Wyoming, MI		11/16/12		1,000,000		516,000
								$ 4,367,000		$ 997,000


On October 12, 2012, the Company concluded definitive agreements with Homburg Invest Inc. (“Homburg”) relating to the application of the buy/sell provisions of the joint venture agreements for each of the nine properties owned by the joint venture. In February 2011, Homburg had exercised its buy/sell option pursuant to the terms of the joint venture agreements for each of the nine properties owned by the venture. Richard Homburg, a director of the Company until October 2011, was the Chairman and Chief Executive Officer of Homburg at the time the joint venture was formed and the buy/sell option was exercised. The Company made elections to purchase Homburg’s 80% interest in two of the nine properties, Meadows Marketplace, located in Hershey, Pennsylvania, and Fieldstone Marketplace, located in New Bedford, Massachusetts. The Company also determined not to meet Homburg’s buy/sell offers for each of the remaining seven properties, which were thereupon treated as “held for sale/conveyance”. Pursuant to the agreements, the Company acquired Homburg’s 80% ownership in Meadows Marketplace, located in Hershey, Pennsylvania, and Fieldstone Marketplace, located in New Bedford, Massachusetts, for approximately $27.3 million, including the assumption of related in-place mortgage financing of $21.8 million, giving the Company a 100% ownership interest in these two properties. As the two properties were previously controlled and consolidated by the Company, the acquisitions of the 80% noncontrolling interests were recorded as a capital transaction. As such, the excess ($7.6 million) of the carrying amount of the noncontrolling interests over amounts paid by the Company was recognized as an increase in the Company’s shareholders’ equity and a corresponding decrease in noncontrolling interests. In addition, the Company sold to Homburg its 20% ownership interest in the remaining seven joint venture properties for approximately $23.6 million, including the assumption of related in-place mortgage financing of $14.5 million. In connection with the transactions, the Company has recorded a gain of $3.9 million relating to the sale of the seven properties. The Company’s property management agreements for the sold properties terminated upon the closing of the sale.

2011 Transactions

During 2011, the Company completed the following transactions related to properties “held for sale/conveyance”



		Percent				Date		Sales		Gain on
Property		Sold		Location		Sold		Price		Sale
Discontinued operations:
Bergstrasse		100%		Ephrata, PA		2/14/11		$ 1,900,000		$ 33,000
Ohio Properties (two)		100%		OH		3/30/11		4,032,000		-
Fairfield Plaza		100%		Fairfield, CT		4/15/11		10,840,000		470,000
CVS at Kingston		100%		Kingston, NY		11/14/11		5,250,000		185,000
CVS at Kinderhook		100%		Kinderhook, NY		12/8/11		4,000,000		196,000
Shoppes at Salem Run		100%		Fredericksburg, VA		12/12/11		1,675,000		-
Virginia Center Commons		100%		Glen Allen, VA		12/21/11		3,550,000		-
Ohio Properties (nine)		100%		OH		12/28/11		25,257,000		-
								56,504,000		884,000


The tenant at two properties, one owned in an unconsolidated joint venture and the other, Roosevelt II, owned 100% by the Company (acquired in October 2010), vacated both premises in April 2011, at which time both the joint venture and Roosevelt II had CMBS non-recourse first mortgage loans secured by the properties in the amounts of $14.7 million due for payment in May 2011 and $12.9 million due for payment in March 2012, respectively ($250,000 of the $12.9 million loan was guaranteed by the Company and paid in 2012). The Company reviewed its investment alternatives and determined that it would not be prudent to proceed with the development, sale or lease of the properties, or to advance the funds necessary to pay off the mortgages. Such determination was based on the uncertainty in obtaining favorable revisions to zoning, difficult existing deed restrictions, the uncertainty in achieving required economic returns given the extensive additional capital investments required, and uncertain current market conditions for sale or lease. Accordingly, during 2011, the Company wrote off its investment in the joint venture ($8.0 million) and recorded an impairment charge related to the value of Roosevelt II ($9.1 million). No payments were made on the Roosevelt II mortgage since May 2011, although the Company had been accruing interest expense and paid certain property-related maintenance/security expenses as they become due. See “2013 Transactions” above for information relating to the Company conveying the deed to the property in lieu of foreclosure.

Investment_In_CedarRioCan_Join

Investment In Cedar/RioCan Joint Venture	12 Months Ended
Investment In Cedar/RioCan Joint Venture	Dec. 31, 2013
Investment In Cedar/RioCan Joint Venture [Abstract]	'
Investment In Cedar/RioCan Joint Venture	'
	Note 5. Investment in Cedar/RioCan Joint Venture

	On October 10, 2012, the Company concluded definitive agreements with RioCan to exit the 20% Cedar / 80% RioCan joint venture that owned 22 retail properties. Pursuant to the agreements, the Company exchanged its 20% interest in the joint venture for (1) a 100% ownership interest in Franklin Village Plaza, located in Franklin, Massachusetts, at an agreed-upon value of approximately $75.1 million, including the assumption of related in-place mortgage financing of approximately $43.1 million, and (2) approximately $41.6 million in cash, which was initially used to reduce the outstanding balance under the Company’s credit facility. The Company continued to manage the properties acquired by RioCan subject to a management agreement which terminated effective January 31, 2013. In connection with the transactions, the Company recorded a net gain of $30.5 million relating to the exit from the joint venture in 2012.

	The Company earned fees from the joint venture of approximately $0.2 million, $2.8 million and $2.8 million for 2013, 2012, and 2011, respectively. Such fees are included in other revenues in the accompanying consolidated statements of operations.

	The following is a summary of the components of income related to the Company’s investment in the Cedar/RioCan unconsolidated joint venture:








	Statements of Income	January 1, 2012 to
		10-Oct-12	Year ended
		(Sale Date)	31-Dec-11
	Revenues	$ 49,341,000	$ 62,500,000
	Property operating and other expenses	-4,373,000	-6,631,000
	Management fees	-1,653,000	-2,006,000
	Real estate taxes	-5,941,000	-7,214,000
	Acquisition transaction costs	-964,000	-917,000
	General and administrative	-174,000	-308,000
	Depreciation and amortization	-15,769,000	-20,616,000
	Interest and other non-operating expenses, net	-13,027,000	-18,078,000
	Net income	$ 7,440,000	$ 6,730,000

	The Company's share of net income	$ 1,481,000	$ 1,346,000

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2013
Fair Value Measurements [Abstract]	'
Fair Value Measurements	'
	Note 6. Fair Value Measurements

	The carrying amounts of cash and cash equivalents, restricted cash, rents and other receivables, certain other assets, and accounts payable and accrued liabilities approximate fair value. The fair value of the Company’s investments and liabilities related to share-based compensation were determined to be a Level 1 within the valuation hierarchy, and were based on independent values provided by a financial institution.

	The valuation of the liability for the Company’s interest rate swaps, which is measured on a recurring basis, was determined to be a Level 2 within the valuation hierarchy, and was based on independent values provided by financial institutions. Such valuations were determined using widely accepted valuation techniques, including discounted cash flow analysis, on the expected cash flows of each derivative. The analysis reflects the contractual terms of the swaps, including the period to maturity, and uses observable market-based inputs, including interest rate curves (“significant other observable inputs”). The fair value calculation also includes an amount for risk of non-performance using “significant unobservable inputs” such as estimates of current credit spreads to evaluate the likelihood of default. The Company has concluded that, as of December 31, 2013, the fair value associated with the “significant unobservable inputs” relating to the Company’s risk of non-performance was insignificant to the overall fair value of the interest rate swap agreements and, as a result, that the relevant inputs for purposes of calculating the fair value of the interest rate swap agreements, in their entirety, were based upon “significant other observable inputs”.

	Nonfinancial assets and liabilities measured at fair value in the consolidated financial statements consists of real estate held for sale/conveyance, which are measured on a nonrecurring basis, have been determined to be (1) a Level 2 within the valuation hierarchy, where applicable, based on the respective contracts of sale, adjusted for closing costs and expenses, or (2) a Level 3 within the valuation hierarchy, where applicable, based on estimated sales prices, adjusted for closing costs and expenses, determined by discounted cash flow analyses, direct capitalization analyses or a sales comparison approach if no contracts had been concluded. The discounted cash flow and direct capitalization analyses include all estimated cash inflows and outflows over a specific holding period and, where applicable, any estimated debt premiums. These cash flows were comprised of unobservable inputs which included forecasted rental revenues and expenses based upon existing in-place leases, market conditions and expectations for growth. Capitalization rates and discount rates utilized in these analyses were based upon observable rates that the Company believed to be within a reasonable range of current market rates for the respective properties. The sales comparison approach was utilized for certain land values and include comparable sales that were completed in the selected market areas. The comparable sales utilized in these analyses were based upon observable per acre rates that the Company believed to be within a reasonable range of current market rates for the respective properties.

	The Company engaged third party valuation experts to assist with the preparation of certain of its valuations. Other valuations were prepared using internally-developed valuation models. In addition, these valuations are reviewed and approved, during each reporting period, by a diverse group of management, as deemed necessary, including personnel from acquisitions, accounting, finance, operations, development and leasing departments, and the valuations are updated as appropriate.

	The following tables show the hierarchy for those assets measured at fair value on a recurring basis as of December 31, 2013 and December 31, 2012, respectively:






			Assets/Liabilities Measured at Fair Value on a
			Recurring Basis
			31-Dec-13
	Description		Level 1		Level 2		Level 3		Total
	Investments related to share-
	based compensation liabilities (a)	$	435,000	$	-	$	-	$	435,000
	Share-based compensation liabilities (b)	$	426,000	$	-	$	-	$	426,000
	Interest rate swaps liability (b)	$	-	$	647,000	$	-	$	647,000

			31-Dec-12
	Description		Level 1		Level 2		Level 3		Total
	Investments related to share-
	based compensation liabilities (a)	$	450,000	$	-	$	-	$	450,000
	Share-based compensation liabilities (b)	$	445,000	$	-	$	-	$	445,000
	Interest rate swaps liability (b)	$	-	$	1,577,000	$	-	$	1,577,000

	(a) Included in other assets in the accompanying consolidated balance sheets.
	(b) Included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets.


	The fair value of the Company’s fixed rate mortgage loans payable was estimated using available market information and discounted cash flows analyses based on borrowing rates the Company believes it could obtain with similar terms and maturities. As of December 31, 2013 and December 31, 2012, the aggregate fair values of the Company’s fixed rate mortgage loans payable, which were determined to be a Level 3 within the valuation hierarchy, were approximately $471.8 million and $548.4 million, respectively; the carrying values of such loans were $458.2 million and $528.8 million, respectively.

	The following tables show the hierarchy for those assets measured at fair value on a non-recurring basis as of December 31, 2013 and December 31, 2012, respectively:





			Assets Measured at Fair Value on a
			Non-Recurring Basis
			31-Dec-13
	Asset Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	-	$	81,854,000	$	81,854,000

			31-Dec-12
	Asset Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	15,574,000	$	62,219,000	$	77,793,000

	The following table details the quantitative information regarding Level 3 assets measured at fair value on a non-recurring basis as of December 31, 2013:


	Quantitative Information about Level 3 Fair Value Measurements
			Fair value at		Valuation		Unobservable		Range
			31-Dec-13		Technique		inputs		(weighted average)
	Real estate held for sale/conveyance:
	Operating retail real estate
(six properties)		$ 70,217,000		Discounted cash flow		Capitalization rates		7.8% to 11.0% (8.2%)
						Discount rates		9.2% to 11.6% (9.4%)
Land development property		10,211,000		Discounted cash flow		Capitalization rate		7.30%
						Discount rate		7.80%
Land (three parcels)		1,426,000		Sales comparison approach		Price per acre		$23,000 to $139,000 per acre
								($44,000 per acre)
		$ 81,854,000

Concentration_Of_Credit_Risk

Concentration Of Credit Risk	12 Months Ended
Concentration Of Credit Risk	Dec. 31, 2013
Concentration Of Credit Risk [Abstract]	'
Concentration Of Credit Risk	'
	Note 7. Concentration of Credit Risk

	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents in excess of insured amounts and tenant receivables. The Company places its cash and cash equivalents with high quality financial institutions. Management performs ongoing credit evaluations of its tenants and requires certain tenants to provide security deposits and/or suitable guarantees.

	Giant Food Stores, LLC and Stop & Shop, Inc., each of which is owned by Ahold N.V., a Netherlands corporation, accounted for an aggregate of approximately 15%, 14% and 14% of the Company’s total revenues during 2013, 2012 and 2011, respectively (excluding properties treated as discontinued operations).

	The Company’s properties are located largely in the region straddling the Washington DC to Boston corridor, which exposes it to greater economic risks than if the properties it owned were located in a greater number of geographic regions (in particular, 28 of the Company’s properties are located in Pennsylvania).

Receivables

Receivables	12 Months Ended
Receivables	Dec. 31, 2013
Receivables [Abstract]	'
Receivables	'
	Note 8. Receivables

	Receivables at December 31, 2013 and 2012 are comprised of the following:



		December 31,
		2013	2012

	Rents and other receivables, net	$ 3,267,000	$ 3,317,000
	Straight-line rents	15,210,000	13,910,000
	Other (a)	15,000	619,000
		$ 18,492,000	$ 17,846,000

	(a) Includes $0.6 million at December 31, 2012, due from the Cedar/RioCan joint venture.

Other_Assets_And_Deferred_Char

Other Assets And Deferred Charges, Net	12 Months Ended
Other Assets And Deferred Charges, Net	Dec. 31, 2013
Other Assets And Deferred Charges, Net [Abstract]	'
Other Assets And Deferred Charges, Net	'
	Note 9. Other Assets and Deferred Charges, Net

	Other assets and deferred charges, net at December 31, 2013 and 2012 are comprised of the following:



		December 31,
		2013	2012
	Other assets:
	Prepaid expenses	$ 5,234,000	$ 5,196,000
	Leasehold improvements, furniture and fixtures	1,020,000	1,161,000
	Investments related to share-based compensation	435,000	450,000
	Property and other deposits	356,000	152,000
	Other	227,000	351,000
		7,272,000	7,310,000

	Deferred charges, net:
	Lease origination costs (a)	15,187,000	14,754,000
	Financing costs	5,194,000	5,529,000
	Other	642,000	1,650,000
		21,023,000	21,933,000

	Total other assets and deferred charges, net	$ 28,295,000	$ 29,243,000

	(a) Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $5.6 million (cost of $17.5 million and accumulated amortization of $11.9 million) and $6.1 million (cost of $16.7 million and accumulated amortization of $10.6 million), respectively.

	Deferred charges are amortized over the terms of the related agreements. Amortization expense related to deferred charges (including amortization of deferred financing costs included in non-operating income and expense) amounted to $5.6 million, $7.9 million and $7.3 million for 2013, 2012 and 2011, respectively. The unamortized balances of deferred lease origination costs and deferred financing costs are net of accumulated amortization of $20.3 million and $10.2 million, respectively, and will be charged to future operations as follows (lease origination costs through 2033, and financing costs through 2029):



		Lease
		origination	Financing
		costs	costs
	2014	$ 2,897,000	$ 1,883,000
	2015	2,453,000	1,569,000
	2016	2,118,000	1,026,000
	2017	1,560,000	257,000
	2018	1,248,000	172,000
	Thereafter	4,911,000	287,000
		$ 15,187,000	$ 5,194,000

Mortgage_Loans_Payable_And_Cre

Mortgage Loans Payable And Credit Facility

12 Months Ended

Dec. 31, 2013

Mortgage Loans Payable And Credit Facility [Abstract]

Mortgage Loans Payable And Credit Facility

Note 10. Mortgage Loans Payable and Credit Facility

Debt relating to continuing operations is comprised of the following at December 31, 2013 and 2012:

31-Dec-13

31-Dec-12

Interest rates

Balance

Weighted

Balance

Weighted

Description

outstanding

average

Range

outstanding

average

Range

Fixed-rate mortgages (a)

$ 458,207,000

5.50%

3.1% - 7.5%

$ 528,751,000

5.60%

3.1% - 7.5%

Variable-rate mortgage

58,085,000

2.90%

60,417,000

3.00%

Total property-specific mortgages

516,292,000

5.20%

589,168,000

5.30%

Unsecured credit facility:

Revolving facility

153,500,000

2.30%

n/a

Term loan

50,000,000

2.30%

n/a

203,500,000

2.30%

n/a

Secured credit facility:

Revolving facility

n/a

81,000,000

2.80%

Term loan

n/a

75,000,000

2.80%

n/a

156,000,000

2.80%

$ 719,792,000

4.30%

$ 745,168,000

4.80%

(a) At December 31, 2012, the Company had two mortgage loans payable aggregating approximately $19.3 million subject to interest rate swaps which converted the LIBOR-based variable rates to fixed annual rates of 5.4% and 6.5% per annum. These loans were repaid during 2013.

Mortgage Loans Payable

Mortgage loan activity for 2013 and 2012 is summarized as follows:

Years ended December 31,

2013

2012

Balance, beginning of year (a)

$ 589,168,000

$ 570,372,000

New mortgage borrowings and assumptions (b)

74,605,000

Repayments

-72,876,000

-55,809,000

Balance, end of the year

$ 516,292,000

$ 589,168,000

(a) Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".

(b) Includes $1.5 million increase relating to Franklin Village Plaza purchase accounting allocations in 2012.

During 2013 and 2012, the Company paid off $64.0 million and $63.3 million (including $19.0 million classified as held for sale/conveyance in 2012) of mortgage loans payable, respectively, of which $44.9 million and $63.3 million, respectively, represented prepayments. In this connection, during 2013 and 2012, the Company incurred charges relating to early extinguishment of mortgage loans payable (prepayment penalties and accelerated amortization of deferred financing costs) of $543,000 (including $437,000 classified as discontinued operations in 2013) and $66,000 respectively.

Mortgage Loans Payable – Real Estate Held for Sale/Conveyance

Debt included in discontinuing operations is comprised of the following at December 31, 2013 and 2012:

31-Dec-13

31-Dec-12

Interest rates

Balance

Weighted

Balance

Weighted

Description

outstanding

average

Range

outstanding

average

Range

Fixed-rate mortgages (a)

$ 22,848,000

5.40%

5.2% - 6.1%

$ 39,306,000

5.70%

5.2% - 6.5%

(a) At December 31, 2013 and 2012, the Company had a mortgage loan payable of approximately $11.9 million and $12.2 million, respectively, subject to an interest rate swap which converted the LIBOR-based variable rate to a fixed annual rate of 5.2% per annum.

Unsecured Credit Facility

On August 1, 2013, the Company amended and extended, on an unsecured basis, its credit facility. As amended, the $310 million credit facility is comprised of a three-year $260 million revolving credit facility, expiring on August 1, 2016, and a five-year $50 million term loan, expiring on August 1, 2018. Subject to customary conditions, the revolving credit facility may be extended, at the Company’s option, for two additional one-year periods. Under an accordion feature, the new facility can be increased to $500 million, subject to customary conditions, and lending commitments from participating banks. The new facility contains financial covenants including, but not limited to, maximum debt leverage, maximum secured debt, minimum interest coverage, minimum fixed charge coverage, and minimum net worth. In addition, the new facility contains restrictions including, but not limited to, limits on indebtedness, certain investments and distributions. Although the new facility is unsecured, borrowing availability is based on unencumbered property adjusted net operating income, as defined in the agreement. The Company’s failure to comply with the covenants or the occurrence of an event of default under the new facility could result in the acceleration of the related debt. In connection with the transaction, the Company paid fees and legal expenses of approximately $1.7 million.

Borrowings under the credit facility are priced at LIBOR plus 195 basis points (“bps”) (a weighted average rate of 2.3% per annum at December 31, 2013), and can range from LIBOR plus 165 to 225 bps based on the Company’s leverage ratio. As of December 31, 2013, the Company had $153.5 million outstanding under the revolving credit facility and $50.0 million outstanding under the term loan, and had $91.3 million available for additional borrowings. On February 11, 2014, the loan agreement was amended to modify the interest rate on the $50.0 term loan to match that of the new five-year $75.0 million unsecured term loan (see below).

Unsecured Term Loans

On February 11, 2014, the Company closed $150 million of unsecured term loans consisting of a five-year $75 million term loan, maturing on February 11, 2019, and a seven-year $75 million term loan, maturing on February 11, 2021. Under an accordion feature, the term loans can be increased to an aggregate of $300 million, subject to customary conditions and lending commitments from participating banks. The financial covenants and other terms contained in the loan agreement are substantially the same as those contained in the Company’s unsecured credit facility. In connection with the transaction, the Company paid fees and legal expenses of approximately $1.1 million.

The five-year term loan is initially priced at LIBOR plus 175 bps, and can range from LIBOR plus 145 bps to 205 bps based on the Company’s leverage ratio. The seven-year term loan is initially priced at LIBOR plus 200 bps, and can range from LIBOR plus 170 bps to 230 bps, also based on the Company’s leverage ratio. The Company also entered into forward interest rate swap agreements which convert the LIBOR rates to fixed rates for the new term loans beginning July 1, 2014 through their maturities. As a result, the effective fixed interest rates will be 3.37% for the five-year term loan and 4.27% for the seven-year term loan beginning July 1, 2014, based on the Company’s leverage ratio at closing.

Prior Credit Facility

From January 26, 2012 through August 1, 2013, the Company had a $300 million secured credit facility comprised of a four-year $75 million term loan and a three-year $225 million revolving credit facility, subject to collateral in place. This facility had combined and replaced two prior secured facilities which were due to expire in 2012. In connection with the credit facility, the Company paid participating lender fees and closing and transaction costs of approximately $4.0 million. In addition, the Company wrote off $2.6 million of unamortized fees associated with the terminated stabilized property and development credit facilities.

Scheduled Principal Payments

Scheduled principal payments on mortgage loans payable and the credit facility at December 31, 2013, due on various dates from 2014 to 2029, are as follows:

2014

$ 157,823,000

(a)

2015

68,821,000

2016

293,039,000

(b)

2017

62,962,000

2018

70,199,000

Thereafter

66,948,000

$ 719,792,000

(a)

Substantially all 2014 debt requirements will be refinanced from the proceeds of the unsecured term loans which closed on February 11, 2014 (see above).

(b) Includes $153.5 million subject to two one-year extension options.

Derivative Financial Instruments

At December 31, 2013, the Company had a mortgage loan payable of approximately $11.9 million (included in mortgage loans payable – real estate held for sale/conveyance on the consolidated balance sheet) subject to an interest rate swap. The interest rate swap converted the LIBOR-based variable rate to a fixed rate of 5.2% per annum. At that date, the Company had accrued liabilities of $0.6 million (included in accounts payable and accrued liabilities on the consolidated balance sheet) relating to the fair value of the interest rate swap applicable to the existing mortgage loan payable. Charges and/or credits relating to the changes in the fair value of the interest rate swap are made to accumulated other comprehensive income (loss), noncontrolling interests (minority interests in consolidated joint ventures and limited partners’ interest), or operations (included in interest expense),as appropriate.

The following is a summary of the derivative financial instruments held by the Company at December 31, 2013 and December 31, 2012:

Notional values

Balance

Fair value

Designation/

December 31,

Maturity

sheet

December 31,

Cash flow

Derivative

Count

2013

Count

2012

date

location

2013

2012

Interest

Accrued

rate swaps

liabilities

Qualifying

Consolidated

$ 11,894,000

(a)

$ 31,417,000

(a)

2018

Consolidated

$ 647,000

$ 1,577,000

(a) For the years ended December 31, 2013 and 2012, $11.9 million and $12.2 million, respectively, are included in mortgage loans payable - real estate held for sale/conveyance on the consolidated balance sheets.

The following presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations and the consolidated statements of equity for 2013, 2012 and 2011, respectively:

Amount of gain recognized in other

comprehensive income (loss) (effective portion)

Designation/

Years ended December 31,

Cash flow

Derivative

2013

2012

2011

Qualifying

Consolidated

$ 1,260,000

(a)

$ 836,000

$ (398,000)

Cedar/RioCan

Qualifying

Joint Venture

$ -

$ 118,000

$ (118,000)

(a) For the year ended December 31, 2013, $1,058,000 was reclassified from other comprehensive income to interest expense in the consolidated statements of operations, of which $309,000 was included in discontinued operations.

As of December 31, 2013, the Company believes it has no significant risk associated with non-performance of the financial institutions which are the counterparties to its derivative contracts. Additionally, based on the rates in effect as of December 31, 2013, if a counterparty were to default, the Company would receive a net interest benefit.

Intangible_Lease_AssetLiabilit

Intangible Lease Asset/Liability	12 Months Ended
	Dec. 31, 2013
Intangible Lease Asset/Liability [Abstract]	'
Intangible Lease Asset/Liability	'
	Note 11. Intangible Lease Asset/Liability

	Unamortized intangible lease liabilities that relate to below-market leases amounted to $26.9 million and $30.5 million at December 31, 2013 and December 31, 2012, respectively. Unamortized intangible lease assets that relate to above-market leases amounted to $0.2 million and $0.4 million at December 31, 2013 and December 31, 2012, respectively.

	The unamortized balance of intangible lease liabilities at December 31, 2013 is net of accumulated amortization of $53.1 million, and will be credited to future operations through 2043 as follows:



	2014	$ 4,498,000
	2015	3,384,000
	2016	2,561,000
	2017	2,306,000
	2018	2,215,000
	Thereafter	11,904,000
		$ 26,868,000

Commitments_And_Contingencies

Commitments And Contingencies	12 Months Ended
Commitments And Contingencies	Dec. 31, 2013
Commitments And Contingencies [Abstract]	'
Commitments And Contingencies	'
	Note 12. Commitments and Contingencies

	The Company is a party to certain legal actions arising in the normal course of business. Management does not expect there to be adverse consequences from these actions that would be material to the Company's consolidated financial statements.

	Under various federal, state, and local laws, ordinances, and regulations, an owner or operator of real estate may be required to investigate and clean up hazardous or toxic substances, or petroleum product releases, at its properties. The owner may be liable to governmental entities or to third parties for property damage, and for investigation and cleanup costs incurred by such parties in connection with any contamination. Generally, the Company’s tenants must comply with environmental laws and meet any remediation requirements. In addition, leases typically impose obligations on tenants to indemnify the Company from any compliance costs the Company may incur as a result of environmental conditions on the property caused by the tenant. However, if a lease does not require compliance, or if a tenant fails to or cannot comply, the Company could be forced to pay these costs. Management is unaware of any environmental matters that would have a material impact on the Company's consolidated financial statements.

	The Company’s executive offices are located at 44 South Bayles Avenue, Port Washington, New York, which it leased from a partnership owned in part by the Company’s former Chairman and Chief Executive Officer. The terms of the lease, which will expire in February 2020, provide for future minimum rents as follows: 2014 - $523,000, 2015 - $537,000, 2016 - $552,000, 2017 - $567,000, 2018 - $583,000 and thereafter -$699,000. In addition, several of the Company’s properties and portions of several others are owned subject to operating leases which provide for annual payments subject, in certain cases, to cost-of-living or fair market value adjustments, as follows: 2014 - $1.0 million, 2015 - $1.0 million, 2016 - $1.0 million, 2017 - $0.5 million, 2018 - $0.3, and thereafter - $8.4 million.

	Rent expense was $1.4 million, $1.4 million and $1.3 million for 2013, 2012 and 2011, respectively.

Shareholders_Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2013
Shareholders' Equity [Abstract]	'
Shareholders' Equity	'
	Note 13. Shareholders’ Equity

	Preferred Stock

	The Company’s 7.25% Series B Cumulative Redeemable Preferred Stock (“Series B Preferred Stock”) has a liquidation preference of $25.00 per share, has no stated maturity, is not convertible into any other security of the Company, and is redeemable at the Company’s option beginning May 22, 2017 at a price of $25.00 per share plus accrued and unpaid distributions. In May 2012, the Company concluded a public offering of 400,000 shares of Series B Preferred Stock at $23.00 per share, and realized net proceeds, after offering expenses, of approximately $8.6 million. On September 11, 2012, the Company concluded another public offering of 4,200,000 shares of its Series B Preferred Stock at $23.94 per share, and realized net proceeds, after offering expenses, of approximately $96.8 million. On September 14, 2012, the underwriters exercised their over-allotment option to the extent of 630,000 additional shares of the Company’s Series B Preferred Stock, and the Company realized additional net proceeds of $14.5 million. On February 12, 2013, the Company concluded a further public offering of 2,000,000 shares of its Series B Preferred Stock at $24.58 per share, and realized net proceeds, after offering expenses, of approximately $47.6 million. On February 12, 2013, the underwriters exercised their over-allotment option to the extent of 300,000 additional shares of the Company’s Series B Preferred Stock, and the Company realized additional net proceeds of $7.1 million.

	In addition, on May 29, 2012 the Company entered into an at-the-market (“ATM”) equity program in which the Company may, from time to time, offer and sell additional shares of its Series B Preferred Stock. During 2012, the Company sold approximately 199,000 shares under the ATM equity program at a weighted average price of $23.23 per share, and realized net proceeds, after offering expenses, of approximately $4.6 million. During 2013, the Company sold approximately 221,000 shares of its Series B Preferred Stock under the ATM equity program at a weighted average price of $24.52 per share, and realized net proceeds, after offering expenses, of approximately $5.2 million.

	The Company’s 8.875% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) had no stated maturity, was not convertible into any other security of the Company, and was redeemable at the Company’s option at a price of $25.00 per share, plus accrued and unpaid distributions. During 2012, the Company redeemed and/or purchased on the open-market approximately 4,992,000 shares of its Series A Preferred Stock for a total cash outlay of $126.4 million (including $1.2 million of redemption costs and $1.6 million of accrued dividends). On March 11, 2013, the Company redeemed the remaining 1,408,000 shares of its Series A Preferred Stock, for a total cash outlay of $35.4 million.

	Common Stock

	On August 6, 2013, the Company entered into an at-the-market continuous offering program under which it may offer and sell, from time-to-time, up to 10 million shares of its common stock. Through December 31, 2013, no shares had been sold under this program.

	The Company has a Dividend Reinvestment and Direct Stock Purchase Plan (“DRIP”) which offers a convenient method for shareholders to invest cash dividends and/or make optional cash payments to purchase shares of the Company’s common stock. Such purchases are at 100% of market value. There were no significant transactions under the DRIP during 2013 and 2012. At December 31, 2013, there remained 2,852,000 shares authorized under the DRIP.

	On January 13, 2014, the Company concluded a public offering of 6,900,000 shares of its common stock (including 900,000 shares relating to the exercise of an over-allotment option by the underwriters), and realized net proceeds, after offering expenses, of approximately $41.3 million.

	OP Units

	During 2013 and 2012, holders of 3,000 and 1,134,000 OP Units (including 564,000 mezzanine OP Units in 2012), respectively, converted their holdings to shares of the Company’s common stock. In connection therewith, $3.9 million of the carrying value of mezzanine OP Units was reclassified to equity in 2012. In addition, during 2013, the Company redeemed 32,000 OP Units (including 30,000 mezzanine OP Units) for a total cash outlay of $170,000.

	In connection with an acquisition of a shopping center in 2013 (see Note 3 – “Real Estate”), the Operating Partnership issued approximately 270,000 OP Units.

	In connection with an acquisition of a shopping center in 2002, the Operating Partnership issued warrants to purchase approximately 83,000 OP Units at an exercise price of $13.50 per unit. Such warrants expired on May 31, 2012.



	Dividends

	The following table provides a summary of dividends declared and paid per share:


		Years ended December 31,
		2013	2012	2011
	Common stock	$ 0.200	$ 0.200	$ 0.360
	Cumulative Redeemable Preferred Stock:
	8.875% Series A	$ -	$ 2.219	$ 2.219
	7.250% Series B	$ 1.812	$ 0.906	$ -

	At December 31, 2013 and 2012, there were $1.6 million and $1.7 million, respectively, of accrued preferred stock dividends.

	On January 27, 2014, the Company’s Board of Directors declared a dividend of $0.05 per share with respect to its common stock. At the same time, the Board declared a dividend of $0.453125 per share with respect to the Company’s 7.25% Series B Preferred Stock. The distributions are payable on February 20, 2014 to shareholders of record on February 10, 2014.

Revenues

Revenues	12 Months Ended
Revenues	Dec. 31, 2013
Revenues [Abstract]	'
Revenues	'
	Note 14. Revenues

	Rents and Expense Recoveries

	Rents for 2013, 2012 and 2011, respectively, are comprised of the following:


		Years ended December 31,
		2013	2012	2011
	Base rents	$ 103,166,000	$ 96,897,000	$ 93,125,000
	Percentage rent	804,000	1,001,000	985,000
	Straight-line rents	1,387,000	930,000	1,084,000
	Amortization of intangible lease liabilities	4,441,000	5,359,000	5,731,000
	Total rents	$ 109,798,000	$ 104,187,000	$ 100,925,000


	Annual future base rents due to be received under non-cancelable operating leases in effect at December 31, 2013 are approximately as follows (excluding those base rents applicable to properties treated as discontinued operations):




	2014	$ 103,574,000
	2015	94,377,000
	2016	83,577,000
	2017	71,808,000
	2018	62,758,000
	Thereafter	280,816,000
		$ 696,910,000


	Total future minimum rents do not include expense recoveries for real estate taxes and operating costs, or percentage rents based upon tenants’ sales volume. Such additional revenue amounts aggregated approximately $29.3 million, $26.5 million and $27.0 million for 2013, 2012 and 2011, respectively. Such amounts do not include amortization of intangible lease liabilities.

	Other

	Other revenues include items which, although recurring, tend to fluctuate more than rental income from period to period, such as lease termination income. Other revenue includes lease termination income (approximately $3.0 million) and fees earned from the Cedar/RioCan joint venture in 2012. The management agreement relating to the Cedar/RioCan joint venture properties terminated on January 31, 2013 (see Note 5 –“Investment in Cedar/RioCan Joint Venture”).

401k_Retirement_Plan

401(k) Retirement Plan	12 Months Ended
401(k) Retirement Plan	Dec. 31, 2013
401(k) Retirement Plan [Abstract]	'
401(k) Retirement Plan	'


	Note 15. 401(k) Retirement Plan

	The Company has a 401(k) retirement plan (the “Plan”), which permits all eligible employees to defer a portion of their compensation under the Code. Pursuant to the provisions of the Plan, the Company may make discretionary contributions on behalf of eligible employees. The Company made contributions to the Plan of $244,000, $253,000, and $275,000 for 2013, 2012, and 2011, respectively.

Management_Transition_Charges_

Management Transition Charges And Employee Termination Costs	12 Months Ended
	Dec. 31, 2013
Management Transition Charges And Employee Termination Costs [Abstract]	'
Management Transition Charges And Employee Termination Costs	'
	Note 16. Management Transition Charges and Employee Termination Costs

	During 2012, the Company concluded separation arrangements and terminations of employment agreements relating primarily to employee headcount reductions in connection with property dispositions and the exit from the Cedar/RioCan joint venture. As a result, the Company recorded an approximate $1.2 million charge applicable thereto (included in management transition charges and employee termination costs in the consolidated statements of operations).

	In June 2011, the Company’s then Chairman of the Board, Chief Executive Officer and President retired, and the employment of the Company’s then Chief Financial Officer ended. Pursuant to their respective employment and/or separation agreements, (1) they received an aggregate of approximately $3.7 million in cash severance payments (including the cost of related payroll taxes and benefits), and (2) all of their unvested restricted share grants became vested and all related amounts were written off (an aggregate of approximately $2.0 million – see Note 17 – “Share-Based Compensation”). Together with approximately $1.2 million of other non-recurring costs, primarily professional fees and expenses related to the hiring of a new President/Chief Executive Officer and Chief Financial Officer, the Company recorded an aggregate charge of approximately $6.9 million (included in management transition charges and employee termination costs in the consolidated statements of operations).

ShareBased_Compensation

Share-Based Compensation	12 Months Ended
Share-Based Compensation	Dec. 31, 2013
Share-Based Compensation [Abstract]	'
Share-Based Compensation	'
	Note 17. Share-Based Compensation

	The following tables set forth certain share-based compensation information for 2013, 2012, and 2011, respectively:



			Years ended December 31,
			2013		2012		2011
	Share-based compensation:

	Expense relating to share grants (a)		$ 4,108,000		$ 3,903,000		$ 5,665,000
	Adjustments to reflect changes in market price of
	Company's common stock		-		10,000		-775,000
	Amounts capitalized		-407,000		-352,000		-387,000
	Total charged to operations (b)		$ 3,701,000		$ 3,561,000		$ 4,503,000


					Weighted average
			Shares		grant date value
	Unvested shares, December 31, 2012		3,515,000		$ 4.83
	Restricted share grants		584,000		5.65
	Vested during period		-341,000		5.53
	Forfeitures/cancellations		-68,000		5.17
	Unvested shares, December 31, 2013		3,690,000		$ 4.89

	(a) The 2012 and 2011 amounts include expense relating to equity and liability awards, as discussed below.
	(b) The 2012 and 2011 amounts include $362,000 and $1,980,000, respectively, applicable to accelerated vestings that are included in management transition charges and employee termination costs.


	The Company’s 2012 Plan authorizes 4.5 million shares to be available for grant and sets the maximum number of shares that may be granted to a participant in any calendar year at 500,000. At December 31, 2013, 1.8 million shares remained available for grants pursuant to the 2012 Plan and, at that date, there remained an aggregate of approximately $11.4 million applicable to all grants and awards to be expensed over a weighted average period of 4.0 years.

	During 2013, there were 584,000 time-based restricted shares issued with a weighted average grant date fair value of $5.65 per share. During 2012, in addition to shares issued to the Company’s President and Chief Executive Officer, as discussed below, there were 698,000 other time-based restricted shares issued with a weighted average grant date fair value of $4.75 per share. During 2011, in addition to shares issued to the Company’s President and Chief Executive Officer and shares issued as performance-based grants, as discussed below, there were 436,000 other time-based restricted shares issued with a weighted average grant date fair value of $5.97 per share.

	The per share weighted average grant date fair values of shares granted during 2013, 2012, and 2011 were $5.65, $4.68 and $5.40, respectively. The total fair values of shares vested during 2013, 2012, and 2011 were $1,863,000, $2,126,000, and $5,507,000, respectively (the 2012 and 2011 amounts include $585,000 and $3,569,000, respectively, applicable to accelerated vestings).

	In June 2011, in connection with the retirement of the Company’s Chairman of the Board, Chief Executive Officer and President, and the end of the employment of the Company’s Chief Financial Officer (see Note 16 – “Management Transition Charges and Employee Termination Costs”), all of their outstanding restricted share grants, consisting of time-based grants (284,000 shares) and performance-based grants (422,000 shares) became vested (an aggregate of 706,000 shares), and were expensed in full at the then market value of the shares (an aggregate of approximately $2.0 million).

	The Company’s new President and Chief Executive Officer was to receive restricted share grants totaling 2.5 million shares, one-half of which to be time-based, vesting upon the seventh anniversary of the date of grant (vesting on June 15, 2018), and the other half to be performance-based, to be earned if the total annual return on an investment in the Company’s common stock (“TSR”) is at least an average of 6.5% per year for the seven years ending June 15, 2018. An independent appraisal determined the value of the performance-based award to be $4.39 per share compared to a market price at the date of grant of $4.98 per share. As a result of a per-person limitation within the Company’s 2004 Stock Incentive Plan, only 500,000 shares had been issued through June 2012, 1.5 million shares had been accounted for as an “equity award”, and 500,000 shares had been accounted for as a “liability award”. The values of the equity and liability awards were expensed on a straight-line basis over the vesting period. As specifically provided in the 2012 Plan, the 2.0 million shares previously designated as equity and liability awards were issued, with the liability award being reclassified to equity. Consistent with such awards to other recipients, dividends were paid on all the shares, including the equity and liability award shares, with the dividends paid on the equity award shares treated as distributions to common shareholders and included in the statement of equity, and the dividends paid on the liability award shares treated as compensation and included in the statement of operations. In addition, with respect to the liability award, adjustments to reflect changes in the fair value of the award (based on changes in the market price of the Company’s common stock) were also charged to operations.

	In January 2011, the Company issued 275,000 shares of common stock as performance-based grants, with vesting to be based on the TSR over the three years ended December 31, 2013. After accelerated vestings of certain of the shares during the three-year vesting period, only 63,000 shares remained. Portions of each grant would vest (1) if the TSR on the Company’s common stock is equal to or greater than a specified average return per year (the “Absolute TSR”), and (2) if there is a positive comparison of the TSR on the Company’s common stock to the Company’s peer group (the “Relative TSR”). As the Company did not achieve either TSR measure, none of the remaining shares vested. The Company had obtained independent appraisals to determine the values of each category of the performance-based shares issued, which is summarized as follows:



				Absolute TSR				Relative TSR
			Grant date		Annual
	Grant	Shares	market	Portion of	average	Appraisal		Portion of	Appraisal
	year	granted	price	grant	return	value		grant	value
	2011	275,000	$ 6.54	50%	8%	$ 4.40		50%	$ 5.91

Nonconcontrolling_Interest_Lim

Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units	12 Months Ended
	Dec. 31, 2013
Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units [Abstract]	'
Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units	'
	Note 18. Nonconcontrolling Interest – Limited Partners’ Mezzanine OP Units



		December 31,
		2013	2012

	Balance, beginning of year	$ 623,000	$ 4,616,000

	Net (loss) income	-2,000	9,000
	Total other comprehensive (loss) income	-2,000	9,000

	Distributions	-14,000	-25,000
	Conversions of OP Units into shares of common stock	-	-3,897,000
	Redemptions of OP Units	-160,000	-
	Reallocation adjustment of limited partners' interest	-33,000	-80,000

	Balance, end of year	$ 414,000	$ 623,000

Earnings_Per_Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	Note 19. Earnings Per Share

	Basic earnings per share (“EPS”) is calculated by dividing net income (loss) attributable to the Company’s common shareholders by the weighted average number of common shares outstanding for the period including participating securities (restricted shares issued pursuant to the Company’s share-based compensation program are considered participating securities, as such shares have non-forfeitable rights to receive dividends). Unvested restricted shares are not allocated net losses and/or any excess of dividends declared over net income, as such amounts are allocated entirely to the common shareholders. For 2013, 2012 and 2011, the Company had 3.8 million, 3.3 million and 2.3 million, respectively, of weighted average unvested restricted shares outstanding. The following table provides a reconciliation of the numerator and denominator of the EPS calculations for 2013, 2012 and 2011, respectively:





		Years ended December 31,
		2013	2012	2011
	Numerator
	Income (loss) from continuing operations	$ 5,037,000	$ 23,836,000	$ (28,139,000)
	Preferred stock dividends	-14,413,000	-14,819,000	-14,200,000
	Preferred stock redemption costs	-1,166,000	-4,998,000	-
	Net loss attributable to noncontrolling interests	247,000	375,000	920,000
	Net earnings allocated to unvested shares	-758,000	-806,000	-810,000
	(Loss) income from continuing operations attributable to common
	shareholders	-11,053,000	3,588,000	-42,229,000
	Results from discontinued operations, net of noncontrolling interests	9,164,000	5,495,000	-76,342,000
	Net (loss) income attributable to common shareholders, basic and diluted	$ (1,889,000)	$ 9,083,000	$ (118,571,000)

	Denominator
	Weighted average number of vested common shares outstanding	68,381,000	68,017,000	66,387,000

	(Loss) earnings per common share, basic and fully diluted
	Continuing operations	$ (0.16)	$ 0.05	$ (0.64)
	Discontinued operations	$ 0.13	$ 0.08	$ (1.15)
		$ (0.03)	$ 0.13	$ (1.79)



	Fully-diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into shares of common stock. The net loss attributable to noncontrolling interests of the Operating Partnership has been excluded from the numerator and the related OP Units have been excluded from the denominator for the purpose of calculating diluted EPS as there would have been no effect had such amounts been included. The weighted average number of OP Units outstanding for 2013, 2012 and 2011 were 297,000, 459,000 and 1,415,000, respectively. In addition, warrants for the purchase of OP Units, which expired on May 31, 2012, have been excluded as they were anti-dilutive for all applicable periods.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data	12 Months Ended
Selected Quarterly Financial Data	Dec. 31, 2013
Selected Quarterly Financial Data [Abstract]	'
Selected Quarterly Financial Data	'
	Note 20. Selected Quarterly Financial Data (unaudited)




		Quarter ended
	Year	31-Mar	30-Jun	30-Sep	31-Dec
	2013
	Revenues as previously reported	$ 36,963,000	$ 35,371,000	$ 35,438,000	$ 35,166,000
	Revenues from discontinued operations and reclassifications (a)	-1,404,000	-1,450,000	-1,260,000	-
	Revenues	$ 35,559,000	$ 33,921,000	$ 34,178,000	$ 35,166,000

	Net income	$ 3,852,000	$ 4,486,000	$ 62,000	$ 5,802,000
	Net (loss) income attributable to common shareholders	$ (912,000)	$ 977,000	$ (3,479,000)	$ 2,283,000
	Per common share (basic and diluted) (b)	$ (0.02)	$ 0.01	$ (0.05)	$ 0.03

	2012
	Revenues as previously reported	$ 34,384,000	$ 36,898,000	$ 33,489,000	$ 35,813,000
	Revenues from discontinued operations and reclassifications (a)	-1,165,000	-1,227,000	-1,200,000	-1,266,000
	Revenues	$ 33,219,000	$ 35,671,000	$ 32,289,000	$ 34,547,000

	Net (loss) income	$ (4,868,000)	$ 5,895,000	$ 2,298,000	$ 30,690,000
	Net (loss) income attributable to common shareholders	$ (9,340,000)	$ 1,236,000	$ (4,299,000)	$ 22,292,000
	Per common share (basic and diluted) (b)	$ (0.14)	$ 0.01	$ (0.07)	$ 0.31

	(a) Represents revenues from discontinued operations which were included in revenues as previously reported.
	(b) Differences between the sum of the four quarterly per share amounts and the annual per share amounts are attributable to the effect of the weighted average outstanding share calculations for the respective periods.

Subsequent_Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	Note 21. Subsequent Events

	In determining subsequent events, management reviewed all activity from January 1, 2014 through the date of filing this Annual Report on Form 10-K.

Schedule_III_Real_Estate_And_A

Schedule III - Real Estate And Accumulated Depreciation	12 Months Ended
Schedule III - Real Estate And Accumulated Depreciation	Dec. 31, 2013
Schedule III - Real Estate And Accumulated Depreciation [Abstract]	'
Schedule III - Real Estate And Accumulated Depreciation	'


	Cedar Realty Trust, Inc.
	Schedule III
	Real Estate and Accumulated Depreciation
	Year ended December 31, 2013

									Year built/		Gross		Initial cost to the Company
					Year		Percent		Year last		leasable				Building and
	Property		State		acquired		owned		renovated		area		Land		Improvements

	Academy Plaza		PA		2001		100%		1965/2013		137,592		$		$
	Academy Plaza		PA		2001		100%		1965/2013		137,592		2,406,000		9,623,000
	Annie Land Plaza		VA		2006		100%		1999		42,500		809,000		4,015,000
	Big Y Shopping Center		CT		2013		100%		2007		101,105		11,272,000		23,395,000
	Camp Hill		PA		2002		100%		1958/2005		470,117		4,460,000		17,857,000
	Carbondale Plaza		PA		2004		100%		1972/2010		120,689		1,586,000		7,289,000
	Carll's Corner		NJ		2007		100%		1960's-1999		129,582		3,034,000		15,293,000
	Carmans Plaza		NY		2007		100%		1954/2007		194,082		8,539,000		35,804,000
	Circle Plaza		PA		2007		100%		1979/1991		92,171		561,000		2,884,000
	Coliseum Marketplace		VA		2005		100%		1987/2012		105,998		2,924,000		14,416,000
	Colonial Commons		PA		2011		100%		2011/2013		461,905		9,367,000		37,496,000
	Crossroads II		PA		2008		60%		2009		133,717		15,383,000		-
	Elmhurst Square		VA		2006		100%		1961-1983		66,250		1,371,000		5,994,000
	Fairview Commons		PA		2007		100%		1976/2003		42,314		858,000		3,568,000
	Fairview Plaza		PA		2003		100%		1992/2005		71,979		2,128,000		8,483,000
	Fieldstone Marketplace		MA		2005/2012		100%		1988/2003		193,970		5,229,000		21,440,000
	Fort Washington Center		PA		2002		100%		2003		41,000		2,462,000		-
	Franklin Village Plaza		MA		2004/2012		100%		1987/2005		303,461		14,270,000		61,915,000
	Fredericksburg Way		VA		2005		100%		1997		63,000		3,213,000		12,758,000
	General Booth Plaza		VA		2005		100%		1985		71,639		1,935,000		9,493,000
	Glen Allen Shopping Center		VA		2005		100%		2000		63,328		6,769,000		683,000
	Gold Star Plaza		PA		2006		100%		1988		71,720		1,644,000		6,519,000
	Golden Triangle		PA		2003		100%		1960/2005		202,943		2,320,000		9,713,000
	Groton Shopping Center		CT		2007		100%		1969		117,186		3,070,000		12,320,000
	Halifax Plaza		PA		2003		100%		1994		51,510		1,412,000		5,799,000
	Hamburg Square		PA		2004		100%		1993/2010		99,580		1,153,000		4,678,000
	Jordan Lane		CT		2005		100%		1969/1991		177,504		4,291,000		21,176,000
	Kempsville Crossing		VA		2005		100%		1985/2013		79,209		2,207,000		11,000,000
	Kenley Village		MD		2005		100%		1988		51,894		726,000		3,512,000
	Kings Plaza		MA		2007		100%		1970/1994		168,243		2,413,000		12,604,000
	Liberty Marketplace		PA		2005		100%		2003		68,200		2,665,000		12,639,000
	Meadows Marketplace		PA		2004/2012		100%		2005		91,518		1,914,000		-
	Mechanicsburg Giant		PA		2005		100%		2003		51,500		2,709,000		12,159,000
	Metro Square		MD		2008		100%		1999		71,896		3,121,000		12,341,000
	Newport Plaza		PA		2003		100%		1996		64,489		1,721,000		7,758,000
	New London Mall		CT		2009		40%		1967/1997		259,566		14,891,000		24,967,000
	Northside Commons		PA		2008		100%		2009		69,136		3,332,000		-







	Cedar Realty Trust, Inc.
	Schedule III
	Real Estate and Accumulated Depreciation
	Year ended December 31, 2013
					Gross amount at which carried at
	(continued)		Subsequent		31-Dec-13
			cost				Building and				Accumulated		Amount of
	Property		capitalized		Land		improvements		Total		depreciation (3)		Encumbrance

Academy Plaza		$		$		$		$		$		-
Academy Plaza		3,559,000		2,406,000		13,182,000		15,588,000		3,695,000		-
Annie Land Plaza		219,000		809,000		4,234,000		5,043,000		1,050,000		-
Big Y Shopping Center		-		11,272,000		23,395,000		34,667,000		103,000		-
Camp Hill		43,617,000		4,424,000		61,510,000		65,934,000		14,651,000		63,382,000
Carbondale Plaza		5,514,000		1,586,000		12,803,000		14,389,000		3,605,000		-
Carll's Corner		-1,067,000		2,898,000		14,362,000		17,260,000		3,163,000		-
Carmans Plaza		-321,000		8,421,000		35,601,000		44,022,000		7,362,000		33,437,000
Circle Plaza		103,000		546,000		3,002,000		3,548,000		515,000		-
Coliseum Marketplace		5,355,000		3,586,000		19,109,000		22,695,000		4,810,000		11,142,000
Crossroads II		28,679,000		17,671,000		26,391,000		44,062,000		2,920,000		-
Colonial Commons		2,188,000		9,367,000		39,684,000		49,051,000		5,120,000		26,784,000
Elmhurst Square		513,000		1,371,000		6,507,000		7,878,000		1,628,000		3,723,000
Fairview Commons		3,000		858,000		3,571,000		4,429,000		875,000		-
Fairview Plaza		337,000		2,129,000		8,819,000		10,948,000		2,639,000		-
Fieldstone Marketplace		611,000		5,167,000		22,113,000		27,280,000		5,775,000		17,093,000
Fort Washington		5,176,000		2,462,000		5,176,000		7,638,000		1,538,000		-
Franklin Village Plaza		593,000		14,681,000		62,097,000		76,778,000		3,209,000		43,206,000
Fredericksburg Way		-		3,213,000		12,758,000		15,971,000		3,013,000		-
General Booth Plaza		301,000		1,935,000		9,794,000		11,729,000		3,112,000		-
Glen Allen Shopping Center		3,000		5,367,000		2,088,000		7,455,000		598,000		-
Gold Star Plaza		363,000		1,644,000		6,882,000		8,526,000		1,811,000		1,551,000
Golden Triangle		9,926,000		2,320,000		19,639,000		21,959,000		6,297,000		19,697,000
Groton Shopping Center		385,000		3,073,000		12,702,000		15,775,000		2,982,000		11,160,000
Halifax Plaza		246,000		1,347,000		6,110,000		7,457,000		1,725,000		-
Hamburg Square		5,403,000		1,153,000		10,081,000		11,234,000		2,312,000		4,833,000
Jordan Lane		1,227,000		4,291,000		22,403,000		26,694,000		5,844,000		12,125,000
Kempsville Crossing		-4,113,000		2,207,000		6,887,000		9,094,000		3,745,000		-
Kenley Village		295,000		726,000		3,807,000		4,533,000		1,284,000		-
Kings Plaza		351,000		2,408,000		12,960,000		15,368,000		2,931,000		7,231,000
Liberty Marketplace		348,000		2,695,000		12,957,000		15,652,000		3,187,000		8,265,000
Meadows Marketplace		11,406,000		1,914,000		11,406,000		13,320,000		2,276,000		9,633,000
Mechanicsburg Giant		-		2,709,000		12,159,000		14,868,000		2,803,000		8,425,000
Metro Square		-301,000		5,250,000		9,911,000		15,161,000		1,618,000		8,272,000
Newport Plaza		379,000		1,682,000		8,176,000		9,858,000		2,179,000		-
New London Mall		1,139,000		8,807,000		32,190,000		40,997,000		7,151,000		26,990,000
Northside Commons		10,008,000		3,379,000		9,961,000		13,340,000		1,064,000		-




Cedar Realty Trust, Inc.
Schedule III
Real Estate and Accumulated Depreciation
Year ended December 31, 2013

(continued)								Year built/		Gross		Initial cost to the Company
				Year		Percent		Year last		leasable				Building and
Property		State		acquired		owned		renovated		area		Land		Improvements

Norwood Shopping Center		MA		2006		100%		1965/2013		102,459		$		$
Norwood Shopping Center		MA		2006		100%		1965/2013		102,459		1,874,000		8,453,000
Oak Ridge Shopping Center		VA		2006		100%		2000		38,700		960,000		4,254,000
Oakland Commons		CT		2007		100%		1962/2013		90,100		2,504,000		15,662,000
Oakland Mills		MD		2005		100%		1960's/2004		58,224		1,611,000		6,292,000
Palmyra Shopping Center		PA		2005		100%		1960/2012		111,051		1,488,000		6,566,000
Pine Grove Plaza		NJ		2003		100%		2001/2002		86,089		2,010,000		6,489,000
Port Richmond Village		PA		2001		100%		1988		154,908		2,942,000		11,769,000
River View Plaza		PA		2003		100%		1991/1998		226,786		9,718,000		40,356,000
San Souci Plaza		MD		2009		40%		1985 - 1997		264,134		14,849,000		18,445,000
Smithfield Plaza		VA		2005/2008		100%		1987/1996		134,664		2,947,000		12,737,000
South Philadelphia		PA		2003		100%		1950/2003		283,415		8,222,000		36,314,000
Southington Center		CT		2003		100%		1972/2000		155,842		-		11,834,000
St. James Square		MD		2005		100%		2000		39,903		688,000		3,838,000
Suffolk Plaza		VA		2005		100%		1984		67,216		1,402,000		7,236,000
Swede Square		PA		2003		100%		1980/2012		100,816		2,268,000		6,232,000
The Brickyard		CT		2004		100%		1990/2012		237,596		7,632,000		29,308,000
The Commons		PA		2004		100%		2003		203,426		3,098,000		14,047,000
The Point		PA		2000		100%		1972/2008		268,037		2,700,000		10,800,000
The Shops at Suffolk Downs		MA		2005		100%		2005/2011		121,320		7,580,000		11,089,000
Timpany Plaza		MA		2007		100%		1970's-1989		183,775		3,412,000		19,240,000
Trexler Mall		PA		2005		100%		1973/2013		339,279		6,932,000		32,815,000
Trexlertown Plaza		PA		2006		100%		1990/2011		313,929		13,349,000		23,867,000
Valley Plaza		MD		2003		100%		1975/1994		190,939		1,950,000		7,766,000
Virginia Little Creek		VA		2005		100%		1996/2001		69,620		1,650,000		8,350,000
Washington Center Shoppes		NJ		2001		100%		1979/1995		157,394		2,061,000		7,314,000
Webster Plaza		MA		2007		100%		1960's-2004		101,824		3,551,000		18,412,000
West Bridgewater Plaza		MA		2007		100%		1970/2007		133,039		2,823,000		14,901,000
Upland Square		PA		2007/2013		100%		2009		394,598		28,187,000		-
Yorktowne Plaza		MD		2007		100%		1970/2000		158,982		5,940,000		25,505,000

Total Consolidated Portfolio										9,390,558		$		$
Total Consolidated Portfolio										9,390,558		292,513,000		869,482,000















Cedar Realty Trust, Inc.
Schedule III
Real Estate and Accumulated Depreciation
Year ended December 31, 2013
				Gross amount at which carried at
(continued)		Subsequent		31-Dec-13
		cost				Building and				Accumulated		Amount of
Property		capitalized		Land		improvements		Total		depreciation (3)		Encumbrance

Norwood Shopping Center		$		$		$		$		$		-
Norwood Shopping Center		1,271,000		1,874,000		9,724,000		11,598,000		2,419,000		-
Oak Ridge Shopping Center		28,000		960,000		4,282,000		5,242,000		952,000		3,231,000
Oakland Commons		-233,000		2,504,000		15,429,000		17,933,000		3,355,000		-
Oakland Mills		40,000		1,611,000		6,332,000		7,943,000		1,872,000		4,559,000
Palmyra Shopping Center		1,386,000		1,488,000		7,952,000		9,440,000		2,094,000		-
Pine Grove Plaza		314,000		2,010,000		6,803,000		8,813,000		1,792,000		5,329,000
Port Richmond Village		1,097,000		2,843,000		12,965,000		15,808,000		4,105,000		-
River View Plaza		4,629,000		9,718,000		44,985,000		54,703,000		12,139,000		-
San Souci Plaza		1,839,000		13,406,000		21,727,000		35,133,000		6,647,000		27,200,000
Smithfield Plaza		758,000		2,919,000		13,523,000		16,442,000		3,295,000		6,660,000
South Philadelphia		2,723,000		8,222,000		39,037,000		47,259,000		12,412,000		-
Southington Center		175,000		-		12,009,000		12,009,000		3,097,000		5,339,000
St. James Square		661,000		688,000		4,499,000		5,187,000		1,519,000		-
Suffolk Plaza		23,000		1,402,000		7,259,000		8,661,000		2,555,000		-
Swede Square		5,679,000		2,272,000		11,907,000		14,179,000		3,915,000		10,159,000
The Brickyard		-2,740,000		7,648,000		26,552,000		34,200,000		7,771,000		-
The Commons		2,884,000		3,098,000		16,931,000		20,029,000		4,883,000		-
The Point		14,556,000		2,996,000		25,060,000		28,056,000		7,226,000		29,492,000
The Shops at Suffolk Downs		9,126,000		7,580,000		20,215,000		27,795,000		3,731,000		-
Timpany Plaza		947,000		3,368,000		20,231,000		23,599,000		4,014,000		-
Trexler Mall		6,127,000		6,932,000		38,942,000		45,874,000		8,763,000		19,655,000
Trexlertown Plaza		23,470,000		13,351,000		47,335,000		60,686,000		6,085,000		-
Valley Plaza		1,008,000		1,950,000		8,774,000		10,724,000		2,437,000		-
Virginia Little Creek		12,000		1,639,000		8,373,000		10,012,000		2,713,000		324,000
Washington Center Shoppes		3,887,000		2,000,000		11,262,000		13,262,000		3,754,000		-
Webster Plaza		-477,000		4,082,000		17,404,000		21,486,000		3,431,000		-
West Bridgewater Plaza		-818,000		2,596,000		14,310,000		16,906,000		2,933,000		10,401,000
Upland Square		66,768,000		25,783,000		69,172,000		94,955,000		7,303,000		58,085,000
Yorktowne Plaza		274,000		5,804,000		25,915,000		31,719,000		5,803,000		18,909,000

Total Consolidated Portfolio		$		$		$		$		$		$
Total Consolidated Portfolio		277,859,000		286,518,000		1,153,336,000		1,439,854,000		251,605,000		516,292,000








Cedar Realty Trust, Inc.
Schedule III
Real Estate and Accumulated Depreciation
Year ended December 31, 2013

(continued)

The changes in real estate and accumulated depreciation for the three years ended December 31, 2013 are as follows (1):

Cost		2013		2012		2011

Balance, beginning of the year		$		$		$
Balance, beginning of the year		1,413,402,000		1,316,927,000		1,237,068,000
Properties acquired		34,666,000		76,185,000		46,863,000
Land parcel sold		-1,351,000		-		-
Improvements and betterments		12,133,000		20,389,000		33,164,000
Write-off fully-depreciated assets		-18,996,000		-99,000		-168,000
Balance, end of the year	-2	$		$		$
Balance, end of the year	-2	1,439,854,000		1,413,402,000		1,316,927,000

Accumulated depreciation

Balance, beginning of the year		$		$		$
Balance, beginning of the year		229,535,000		189,608,000		151,008,000
Depreciation expense		41,066,000		40,026,000		38,768,000
Write-off fully-depreciated assets		-18,996,000		-99,000		-168,000
Balance, end of the year		$		$		$
Balance, end of the year		251,605,000		229,535,000		189,608,000

Net book value		$		$		$
Net book value		1,188,249,000		1,183,867,000		1,127,319,000



(1) Restated to reflect the reclassifications of properties to "real estate held for sale/conveyance" during 2013.
(2) At December 31, 2013, the aggregate cost for federal income tax purposes was approximately $4.5 million less than the Company's recorded values.
(3) Depreciation is provided over the estimated useful lives of the buildings and improvements, which range from 3 to 40 years.

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Principles of Consolidation/ Basis of Preparation	'
	Principles of Consolidation/Basis of Preparation

	The consolidated financial statements include the accounts and operations of the Company, the Operating Partnership, its subsidiaries, and certain joint venture partnerships in which it participates. The Company consolidates all variable interest entities (“VIEs”) for which it is the primary beneficiary. Generally, a VIE is an entity with one or more of the following characteristics: (1) the total equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support, (2) as a group, the holders of the equity investment at risk (a) lack the power through voting or similar rights to make decisions about the entity’s activities that significantly impact the entity’s performance, (b) have no obligation to absorb the expected losses of the entity, or (c) have no right to receive the expected residual returns of the entity, or (3) the equity investors have voting rights that are not proportional to their economic interests, and substantially all of the entity’s activities either involve, or are conducted on behalf of, an investor that has disproportionately fewer voting rights. A VIE is required to be consolidated by its primary beneficiary. The primary beneficiary of a VIE has (1) the power to direct the activities that most significantly impact the entity’s economic performance, and (2) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE. Significant judgments related to these determinations include estimates about the current and future fair values, performance of real estate held by these VIEs, and general market conditions.

	The Company has a 60%-owned joint venture originally formed to develop the project known as Crossroads II. This joint venture is consolidated as it is deemed to be a VIE and the Company is the primary beneficiary. The Company (1) guarantees all related debt, (2) its partners are not required to fund additional capital requirements, (3) it has an economic interest greater than its voting proportion and (4) it participates in the management activities that significantly impact the performance of the joint venture. As a result of these and other factors, the Company includes 100% of the joint venture’s results of operations in net income (loss) attributable to common shareholders. At December 31, 2013, this VIE owned real estate with a carrying value of $41.1 million and no mortgage loan payable.

	With respect to its two other consolidated joint venture properties, the Company is the general partner and has a partnership interest of 40% in each. As (1) such entities are not VIEs, and (2) the Company is the sole general partner and exercises substantial operating control over these entities, the Company has determined that such entities should be consolidated for financial statement purposes. Current accounting guidance provides a framework for determining whether a general partner controls, and should consolidate, a limited partnership or similar entity in which it owns a minority interest.

	The Company also had two 60%-owned joint ventures originally formed to develop the projects known as Heritage Crossings and Upland Square. Heritage Crossings was sold in May 2013 (see Note 4 – “Properties Held For Sale and Related Transactions”) and the Company acquired the remaining 40% interest in Upland Square in October 2013 (see Note 3 – “Real Estate”). Prior to these respective dates, these joint ventures were consolidated as they were deemed to be VIEs and the Company was the primary beneficiary. The Company (1) had guaranteed all related debt, (2) its partners were not required to fund additional capital requirements, (3) it has an economic interest greater than its voting proportion, and (4) it participated in the management activities that significantly impact the performance of the joint venture. As a result of these and other factors, the Company included 100% of the joint ventures’ results of operations in net income (loss) attributable to common shareholders.

	The Company also had a 20% interest in the Cedar/RioCan joint venture, which the the Company accounted for under the equity method (the Company exited the joint venture in October 2012). Although the Company provided management and other services, RioCan had significant management participation rights, thus the Company had determined that this joint venture was not a VIE (see Note 5 - “Investment in Cedar/RioCan Joint Venture”).

	With respect to its interest in the Homburg joint venture properties (buy/sell provisions were concluded in October 2012 - see Note 4 – “Properties Held For Sale and Related Transactions”), the Company was the general partner and had partnership interests of 20% in each of the venture’s nine properties. As (1) such entities are not VIEs, and (2) the Company was the sole general partner and exercised substantial operating control over these entities, the Company had determined that such entities should be consolidated for financial statement purposes.

	Until June 2011, the Company had an approximate 85% limited partner’s interest in an unconsolidated joint venture which owned a single-tenant property in Philadelphia, Pennsylvania. The Company had determined that this joint venture was not a VIE. As the Company had no control over the entity, did not provide any management or other services to the entity, and had no substantial participating or “kick out” rights, the Company had accounted for its investment in this joint venture under the equity method. In June 2011, the Company (1) obtained appropriate releases, (2) assigned its limited partnership interest to other partners of the joint venture, and (3) wrote off its investment in the joint venture (as more fully discussed in Note 4 – “Properties Held For Sale and Related Transactions”).

	The accompanying financial statements are prepared on the accrual basis in accordance with accounting principles generally accepted in the United States (“GAAP”), which requires management to make estimates and assumptions that affect the disclosure of contingent assets and liabilities, the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods covered by the financial statements. Actual results could differ from these estimates.

	The consolidated financial statements reflect certain reclassifications of prior period amounts to conform to the 2013 presentation, principally to reflect the sale and/or treatment as “held for sale/conveyance” of certain operating properties and the treatment thereof as “discontinued operations”. The reclassifications had no impact on previously-reported net income attributable to common shareholders or earnings per share.


Real Estate Investments	'
	Real Estate Investments

	Real estate investments are carried at cost less accumulated depreciation. The provision for depreciation is calculated using the straight-line method based upon the estimated useful lives of the respective assets of between 3 and 40 years. Depreciation expense amounted to $41.1 million, $40.0 million and $38.8 million for 2013, 2012 and 2011, respectively. Expenditures for betterments that substantially extend the useful lives of the assets are capitalized. Expenditures for maintenance, repairs, and betterments that do not substantially prolong the normal useful life of an asset are charged to operations as incurred.

	Real estate investments include costs of ground-up development and redevelopment activities, and construction in progress. Capitalized costs, including interest and other carrying costs during the construction and/or renovation periods, are included in the cost of the related asset and charged to operations through depreciation over the asset's estimated useful life. A variety of costs are incurred in the acquisition, development and leasing of a property, such as pre-construction costs essential to the development of the property, development costs, construction costs, interest costs, real estate taxes, salaries and related costs, and other costs incurred during the period of development. After a determination is made to capitalize a cost, it is allocated to the specific component of a project that is benefited. The Company ceases capitalization on the portions substantially completed and occupied, or held available for occupancy, and capitalizes only those costs associated with the portions under development. The Company considers a construction project to be substantially completed and held available for occupancy upon the completion of tenant improvements, but not later than one year from cessation of major construction activity.

	The Company allocates the fair value of real estate acquired to land, buildings and improvements. In addition, the fair value of in-place leases is allocated to intangible lease assets and liabilities. The fair value of the tangible assets of an acquired property is determined by valuing the property as if it were vacant, which value is then allocated to land, buildings and improvements based on management’s determination of the relative fair values of these assets. In valuing an acquired property’s intangibles, factors considered by management include an estimate of carrying costs during the expected lease-up periods, such as real estate taxes, insurance, other operating expenses, and estimates of lost rental revenue during the expected lease-up periods based on its evaluation of current market demand. Management also estimates costs to execute similar leases, including leasing commissions, tenant improvements, legal and other related costs.

	The values of acquired above-market and below-market leases are recorded based on the present values (using discount rates which reflect the risks associated with the leases acquired) of the differences between the contractual amounts to be received and management’s estimate of market lease rates, measured over the terms of the respective leases that management deemed appropriate at the time of the acquisitions. Such valuations include a consideration of the non-cancellable terms of the respective leases as well as any applicable renewal periods. The fair values associated with below-market rental renewal options are determined based on the Company’s experience and the relevant facts and circumstances that existed at the time of the acquisitions. The values of above-market leases are amortized to rental income over the terms of the respective non-cancelable lease periods. The portion of the values of below-market leases associated with the original non-cancelable lease terms are amortized to rental income over the terms of the respective non-cancelable lease periods. The portion of the values of the leases associated with below-market renewal options that are likely of exercise are amortized to rental income over the respective renewal periods. The value of other intangible assets (including leasing commissions, tenant improvements, etc.) is amortized to expense over the applicable terms of the respective leases. If a lease were to be terminated prior to its stated expiration or not renewed, all unamortized amounts relating to that lease would be recognized in operations at that time.

	Management reviews each real estate investment for impairment whenever events or circumstances indicate that the carrying value of a real estate investment may not be recoverable. The review of recoverability of real estate investments held for use is based on an estimate of the future cash flows that are expected to result from the real estate investment's use and eventual disposition. These cash flows consider factors such as expected future operating income, trends and prospects, as well as the effects of leasing demand, capital expenditures, competition and other factors. If an impairment event exists due to the projected inability to recover the carrying value of a real estate investment, an impairment loss is recorded to the extent that the carrying value exceeds estimated fair value.

	Sales of real estate are recognized only when sufficient down payments have been obtained, possession and other attributes of ownership have been transferred to the buyer and the Company has no significant continuing involvement. The Company believes these criteria were met for all real estate sold during 2013, 2012 and 2011.

	In 2013, 2012, and 2011, the Company included in acquisition transaction costs and terminated projects (1) $0.2 million, $0.1 million and $0.9 million, respectively, related to properties the Company acquired, and (2) costs incurred for potential development projects of $0, $0 and $0.5 million, respectively, that the Company determined would not go forward.


Cash and Cash Equivalents / Restricted Cash	'
	Cash and Cash Equivalents / Restricted Cash

	Cash and cash equivalents consist of cash in banks and short-term investments with original maturities of less than ninety days, and include cash at consolidated joint ventures of $1.5 million and $1.6 million at December 31, 2013 and 2012, respectively.

	The terms of several of the Company’s mortgage loans payable require the Company to deposit certain replacement and other reserves with its lenders. Such “restricted cash” is generally available only for property-level requirements for which the reserves have been established.


Fair Value Measurements	'
	Fair Value Measurements
	The accounting guidance for fair value measurement establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels:
		·	Level 1 – Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
		·	Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
		·	Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

	The fair value hierarchy gives the highest priority to Level 1 inputs and the lowest priority to Level 3 inputs. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible while also considering counterparty credit risk in the assessment of fair value.


Revenue Recognition and Receivables	'
	Revenue Recognition and Receivables

	Management has determined that all of the Company's leases with its various tenants are operating leases. Rental income with scheduled rent increases is recognized using the straight-line method over the respective non-cancelable terms of the leases. The aggregate excess of rental revenue recognized on a straight-line basis over the contractual base rents is included in receivables on the consolidated balance sheet. Leases also generally contain provisions under which the tenants reimburse the Company for a portion of property operating expenses and real estate taxes incurred, generally attributable to their respective allocable portions of gross leasable area. Such income is recognized in the periods earned. In addition, a limited number of operating leases contain contingent rent provisions under which tenants are required to pay, as additional rent, a percentage of their sales in excess of a specified amount. The Company defers recognition of contingent rental income until those specified sales targets are met. Revenues also include items such as lease termination fees, which tend to fluctuate more than rents from year to year. Termination fees are fees that the Company has agreed to accept in consideration for permitting certain tenants to terminate their lease prior to the contractual expiration. The Company recognizes lease termination income when the following conditions are met: (1) the lease termination agreement has been executed, (2) the lease termination fee is determinable, (3) all the Company’s landlord services pursuant to the terminated lease have been rendered, and (4) collectability of the lease termination fee is assured.

	The Company must make estimates as to the collectability of its accounts receivable related to base rent, straight-line rent, percentage rent, expense reimbursements and other revenues. When management analyzes accounts receivable and evaluates the adequacy of the allowance for doubtful accounts, it considers such things as historical bad debts, tenant creditworthiness, current economic trends, current developments relevant to a tenant’s business specifically and to its business category generally, and changes in tenants’ payment patterns. The allowance for doubtful accounts was $5.1 million and $5.4 million at December 31, 2013 and 2012, respectively. The provision for doubtful accounts (included in operating, maintenance and management expenses) was $1.8 million, $1.9 million and $1.9 million in 2013, 2012 and 2011, respectively.



Income Taxes	'
	Income Taxes

	The Company has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”). A REIT will generally not be subject to federal income taxation on that portion of its income that qualifies as REIT taxable income, to the extent that it distributes at least 90% of such REIT taxable income to its shareholders and complies with certain other requirements. As of December 31, 2013, the Company was in compliance with all REIT requirements.

	The Company follows a two-step approach for evaluating uncertain federal, state and local tax positions. Recognition (step one) occurs when an enterprise concludes that a tax position, based solely on its technical merits, is more-likely-than-not to be sustained upon examination. Measurement (step two) determines the amount of benefit that more-likely-than-not will be realized upon settlement. Derecognition of a tax position that was previously recognized would occur when a company subsequently determines that a tax position no longer meets the more-likely-than-not threshold of being sustained. The Company has not identified any uncertain tax positions which would require an accrual.


Derivative Financial Instruments	'
	Derivative Financial Instruments

	The Company occasionally utilizes derivative financial instruments, principally interest rate swaps, to manage its exposure to fluctuations in interest rates. The Company has established policies and procedures for risk assessment, and the approval, reporting and monitoring of derivative financial instruments. Derivative financial instruments must be effective in reducing the Company’s interest rate risk exposure in order to qualify for hedge accounting. When the terms of an underlying transaction are modified, or when the underlying hedged item ceases to exist, all changes in the fair value of the instrument are marked-to-market with changes in value included in net income for each period until the derivative financial instrument matures or is settled. Any derivative financial instrument used for risk management that does not meet the hedging criteria is marked-to-market with the changes in value included in net income. The Company has not entered into, and does not plan to enter into, derivative financial instruments for trading or speculative purposes.


Noncontrolling Interest - Limited Partners' Mezzanine OP Units	'
	Noncontrolling Interest - Limited Partners’ Mezzanine OP Units

	The Company follows the accounting guidance related to noncontrolling interests in consolidated financial statements, which clarifies that a noncontrolling interest in a subsidiary (minority interests or certain limited partners’ interest, in the case of the Company), subject to the classification and measurement of redeemable securities, is an ownership interest in a consolidated entity which should be reported as equity in the parent company’s consolidated financial statements. The guidance requires a reconciliation of the beginning and ending balances of equity attributable to noncontrolling interests and disclosure, on the face of the consolidated income statement, of those amounts of consolidated net income attributable to the noncontrolling interests. The Company classifies the balances related to minority interests in consolidated joint ventures and limited partners’ interest in the Operating Partnership into the consolidated equity accounts, as appropriate. Certain noncontrolling interests of the Company are classified in the mezzanine section of the balance sheet (the “mezzanine OP Units”) as such OP Units do not meet the requirements for equity classification (certain of the holders of such OP Units have registration rights that provide such holders with the right to demand registration under the federal securities laws of the common stock of the Company issuable upon conversion of such OP Units). The Company adjusts the carrying value of the mezzanine OP Units each period to equal the greater of its historical carrying value or its redemption value. Through December 31, 2013, there have been no cumulative net adjustments recorded to the carrying amounts of the mezzanine OP Units.


Share-Based Compensation	'
	Share-Based Compensation

	In June 2012, the Company’s shareholders approved the 2012 Stock Incentive Plan (the “2012 Plan”), which was designed to replace the existing 2004 Stock Incentive Plan (the “2004 Plan”). In connection with the approval of the 2012 Plan, the Company agreed not to grant any additional new awards under the 2004 Plan. The 2012 Plan establishes the procedures for the granting of incentive stock options, stock appreciation rights, restricted stock awards, performance units, performance shares and specifically provides for the awarding of the remaining 2.0 million shares to the Company’s President and Chief Executive Officer, as provided in his employment agreement. The maximum number of shares of the Company’s common stock that may be issued pursuant to the 2012 Plan is 4.5 million, and the maximum number of shares that may be granted to a participant in any calendar year may not exceed 500,000. All grants issued pursuant to the 2012 Plan and 2004 Plan are “restricted stock grants” which generally vest (1) at the end of designated time periods for time-based grants, or (2) upon the completion of a designated period of performance for performance-based grants and satisfaction of performance criteria. Time–based grants are valued according to the market price for the Company’s common stock at the date of grant. For performance-based grants, the Company generally engages an independent appraisal company to determine the value of the shares at the date of grant, taking into account the underlying contingency risks associated with the performance criteria. The value of all grants is being expensed on a straight-line basis over the respective vesting periods (irrespective of achievement of the performance-based grants) adjusted, as applicable, for forfeitures. For restricted share grants subject to graded vesting, the amounts expensed are at least equal to the measured expense of each vested tranche. Based on the terms of the 2012 Plan and 2004 Plan, those grants of restricted shares that are transferred to Rabbi Trusts are classified as treasury stock on the Company’s consolidated balance sheet.



Recently-Issued Accounting Pronouncements	'
	Recently-Issued Accounting Pronouncements

	In February 2013, the Financial Accounting Standards Board issued guidance on the presentation and disclosure of reclassification adjustments out of accumulated other comprehensive income (“AOCI”). The standard requires an entity to present information about significant items reclassified out of AOCI by component either on the face of the statement where net income is presented or as a separate disclosure in the notes to the financial statements. The guidance was effective beginning January 1, 2013 and applied on a prospective basis. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements.

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies (Tables)	12 Months Ended
Summary Of Significant Accounting Policies (Tables)	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Supplemental Consolidated Statements Of Cash Flows Information	'

		Years ended December 31,
		2013	2012	2010
	Supplemental disclosure of cash activities:
	Cash paid for interest	$ 36,114,000	$ 43,663,000	$ 47,611,000
	Supplemental disclosure of non-cash activities:
	Capitalization of interest and deferred financing costs	915,000	1,314,000	2,629,000
	Conversions of OP Units into common stock	24,000	7,895,000	-
	Issuance of OP Units in connection with a property acquisition	-1,500,000	-	-
	Deed-in-lieu of foreclosure of a property:
	Real estate transferred	-4,724,000	-	-
	Mortgage loan payable and related obligations settled	13,878,000	-	-
	Mortgage loans payable assumed by buyers	-	76,632,000	24,273,000
	Exchange of joint venture interest for 100% interest in unconsolidated joint venture property:
	Real estate and related assets acquired	-	75,127,000	-
	Mortgage loan payable assumed	-	-43,112,000	-
	Acquisition of noncontrolling interests in consolidated joint venture properties	-	7,595,000	-
	Disposition of noncontrolling interests in consolidated joint venture properties	-	-36,840,000	-

Real_Estate_Tables

Real Estate (Tables)	12 Months Ended
Real Estate (Tables)	Dec. 31, 2013
Real Estate [Abstract]	'
Real Estate And Accumulated Depreciation	'

		Years ended December 31,
		2013	2012
	Cost
	Balance, beginning of year (a)	$ 1,413,402,000	$ 1,316,927,000
	Property acquired	34,666,000	76,185,000
	Land parcel sold	-1,351,000	-
	Improvements and betterments	12,133,000	20,389,000
	Write-off of fully-depreciated assets	-18,996,000	-99,000
	Balance, end of the year	$ 1,439,854,000	$ 1,413,402,000

	Accumulated depreciation
	Balance, beginning of the year (a)	$ (229,535,000)	$ (189,608,000)
	Depreciation expense	-41,066,000	-40,026,000
	Write-off of fully-depreciated assets	18,996,000	99,000
	Balance, end of the year	$ (251,605,000)	$ (229,535,000)

	Net book value	$ 1,188,249,000	$ 1,183,867,000

	(a) Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".

Properties_Held_For_Sale_and_R1

Properties Held For Sale and Related Transactions (Tables)	12 Months Ended
Properties Held For Sale and Related Transactions (Tables)	Dec. 31, 2013
Properties Held For Sale and Related Transactions [Abstract]	'
Schedule Of The Components Of Income (Loss) From Discontinued Operations	'

			Years ended December 31,
			2013		2012		2011
	REVENUES
	Rents		$ 10,517,000		$ 20,608,000		$ 31,515,000
	Expense recoveries and other		2,973,000		5,261,000		7,956,000
	Total revenues		13,490,000		25,869,000		39,471,000
	EXPENSES
	Operating, maintenance and management		3,889,000		7,476,000		9,866,000
	Real estate and other property-related taxes		2,761,000		4,205,000		5,849,000
	Depreciation and amortization		1,258,000		1,385,000		6,744,000
	Interest		2,455,000		7,299,000		9,813,000
	Early extinguishment of debt costs		437,000		-		-
	Total expenses		10,800,000		20,365,000		32,272,000

	INCOME FROM OPERATIONS		2,690,000		5,504,000		7,199,000
	IMPAIRMENT CHARGES, NET		-3,977,000		-4,000		-88,458,000
	GAIN ON EXTINGUISHMENT OF DEBT OBLIGATIONS		10,452,000		-		-
	GAIN ON SALES		-		4,679,000		884,000

	TOTAL INCOME (LOSS) FROM DISCONTINUED OPERATIONS		$ 9,165,000		$ 10,179,000		$ (80,375,000)


Schedule Of Impairment Charges	'

		Years ended December 31,
		2013		2012		2011

	Impairment (reversals)/charges - Ohio property loan
	(2013 and 2012), and land parcels (2012 and 2011) (a)	$ (1,100,000)		$ 5,779,000		$ 7,148,000
	Loss on exit from unconsolidated joint venture (b)	$ -		$ -		$ 7,961,000
	Impairment charges, net - properties held
	for sale/conveyance (c)	$ 3,977,000		$ 4,000		$ 88,458,000

	(a) Included in operating income in the accompanying statements of operations.
	(b) Represents the write-off of an investment in an unconsolidated joint venture, and is included in non-operating income and expense in the accompanying statements of operations.
	(c) Included in discontinued operations in the accompanying statements of operations.


Schedule Of Transactions Related To Properties Held For Sale/Conveyance	'
	During 2013, the Company completed the following transactions related to properties “held for sale/conveyance”:


			Percent				Date		Sales		Gain on
	Property		Sold		Location		Sold		Price		Sale
	Discontinued operations:
	East Chestnut		100%		Lancaster, PA		1/2/13		$ 3,100,000		$ -
	Columbia Mall		100%		Bloomsburg, PA		4/17/13		2,775,000		-
	Heritage Crossing		100%		Limerick, PA		5/9/13		9,400,000		-
	Westlake Discount Drug Mart Plaza		100%		Westlake, OH		6/5/13		2,240,000		-
	Dunmore Shopping Center		100%		Dunmore, PA		11/8/13		4,000,000		-
	Roosevelt II		100%		Philadelphia, PA		11/14/13		13,878,000	(a)	-
	Oakhurst Plaza		100%		Harrisburg, PA		12/11/13		11,000,000		-
									$ 46,393,000		$ -

	Continuing operations:
	Huntingdon Plaza land parcel		100%		Huntingdon, PA		3/29/13		$ 390,000		$ 266,000
	Upland Square land parcel		100%		Pottstown, PA		11/8/13		1,700,000		215,000
	Oregon Pike (land parcel)		100%		Lancaster, PA		12/23/13		1,451,000		-
									$ 3,541,000		$ 481,000

	(a) Lender accepted a deed-in-lieu of foreclosure on the property. Sales price represents mortgage loan payable, accrued interest and other expenses forgiven upon title transfer.


	During 2012, the Company completed the following transactions related to properties “held for sale/conveyance”:





			Percent				Date		Sales		Gain on
	Property		Sold		Location		Sold		Price		Sale
	Discontinued operations:
	Hilliard Discount Drug Mart Plaza		100%		Hilliard, OH		2/7/12		$ 1,434,000		$ -
	First Merit Bank at Akron		100%		Akron, OH		2/23/12		633,000		-
	Grove City Discount Drug Mart Plaza		100%		Grove City, OH		3/12/12		1,925,000		-
	CVS at Naugatuck		50%		Naugatuck, CT		3/20/12		3,350,000		457,000
	CVS at Bradford		100%		Bradford, PA		3/30/12		967,000		-
	CVS at Celina		100%		Celina, OH		3/30/12		1,449,000		-
	CVS at Erie		100%		Erie, PA		3/30/12		1,278,000		-
	CVS at Portage Trail		100%		Akron, OH		3/30/12		1,061,000		-
	Rite Aid at Massillon		100%		Massillon, OH		3/30/12		1,492,000		-
	Kingston Plaza		100%		Kingston, NY		4/12/12		1,182,000		293,000
	Stadium Plaza		100%		East Lansing, MI		5/3/12		5,400,000		-
	Homburg Joint Venture (seven properties)		20%		Various		10/12/12		23,642,000		3,929,000
	The Point at Carlisle		100%		Carlisle, PA		10/15/12		7,350,000		-
									$ 51,163,000		$ 4,679,000

	Continuing operations:
	Blue Mountain Commons (land parcel)		100%		Harrisburg. PA		6/19/12		$ 102,000		$ 79,000
	Oregon Pike (land parcel)		100%		Lancaster, PA		6/28/12		1,100,000		-
	Trindle Springs (land parcel)		100%		Mechanicsburg, PA		7/20/12		800,000		-
	Aston (land parcel)		100%		Aston, PA		7/27/12		1,365,000		402,000
	Wyoming (land parcel)		100%		Wyoming, MI		11/16/12		1,000,000		516,000
									$ 4,367,000		$ 997,000



	During 2011, the Company completed the following transactions related to properties “held for sale/conveyance”



			Percent				Date		Sales		Gain on
Property		Sold		Location		Sold		Price		Sale
Discontinued operations:
Bergstrasse		100%		Ephrata, PA		2/14/11		$ 1,900,000		$ 33,000
Ohio Properties (two)		100%		OH		3/30/11		4,032,000		-
Fairfield Plaza		100%		Fairfield, CT		4/15/11		10,840,000		470,000
CVS at Kingston		100%		Kingston, NY		11/14/11		5,250,000		185,000
CVS at Kinderhook		100%		Kinderhook, NY		12/8/11		4,000,000		196,000
Shoppes at Salem Run		100%		Fredericksburg, VA		12/12/11		1,675,000		-
Virginia Center Commons		100%		Glen Allen, VA		12/21/11		3,550,000		-
Ohio Properties (nine)		100%		OH		12/28/11		25,257,000		-
								56,504,000		884,000

Investment_In_CedarRioCan_Join1

Investment In Cedar/RioCan Joint Venture (Tables)	12 Months Ended
Investment In Cedar/RioCan Joint Venture (Tables)	Dec. 31, 2013
Investment In Cedar/RioCan Joint Venture [Abstract]	'
Summarized Financial Information Related To Cedar/RioCan Joint Venture Investment, Income Statement	'


	Statements of Income	January 1, 2012 to
		10-Oct-12	Year ended
		(Sale Date)	31-Dec-11
	Revenues	$ 49,341,000	$ 62,500,000
	Property operating and other expenses	-4,373,000	-6,631,000
	Management fees	-1,653,000	-2,006,000
	Real estate taxes	-5,941,000	-7,214,000
	Acquisition transaction costs	-964,000	-917,000
	General and administrative	-174,000	-308,000
	Depreciation and amortization	-15,769,000	-20,616,000
	Interest and other non-operating expenses, net	-13,027,000	-18,078,000
	Net income	$ 7,440,000	$ 6,730,000

	The Company's share of net income	$ 1,481,000	$ 1,346,000

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Dec. 31, 2013
Fair Value Measurements [Abstract]	'
Schedule Of Assets And Liabilities Measured At A Fair Value On Recurring Basis	'


			Assets/Liabilities Measured at Fair Value on a
			Recurring Basis
			31-Dec-13
	Description		Level 1		Level 2		Level 3		Total
	Investments related to share-
	based compensation liabilities (a)	$	435,000	$	-	$	-	$	435,000
	Share-based compensation liabilities (b)	$	426,000	$	-	$	-	$	426,000
	Interest rate swaps liability (b)	$	-	$	647,000	$	-	$	647,000

			31-Dec-12
	Description		Level 1		Level 2		Level 3		Total
	Investments related to share-
	based compensation liabilities (a)	$	450,000	$	-	$	-	$	450,000
	Share-based compensation liabilities (b)	$	445,000	$	-	$	-	$	445,000
	Interest rate swaps liability (b)	$	-	$	1,577,000	$	-	$	1,577,000

	(a) Included in other assets in the accompanying consolidated balance sheets.
	(b) Included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets.



Schedule Of Assets Measured At A Fair Value On Non-recurring Basis	'

			Assets Measured at Fair Value on a
			Non-Recurring Basis
			31-Dec-13
	Asset Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	-	$	81,854,000	$	81,854,000

			31-Dec-12
	Asset Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	15,574,000	$	62,219,000	$	77,793,000



Quantitative Information Regarding Level 3 Assets Measured At Fair Value On Non-recurring Basis	'

	Quantitative Information about Level 3 Fair Value Measurements
			Fair value at		Valuation		Unobservable		Range
			31-Dec-13		Technique		inputs		(weighted average)
	Real estate held for sale/conveyance:
	Operating retail real estate
	(six properties)		$ 70,217,000		Discounted cash flow		Capitalization rates		7.8% to 11.0% (8.2%)
							Discount rates		9.2% to 11.6% (9.4%)
	Land development property		10,211,000		Discounted cash flow		Capitalization rate		7.30%
							Discount rate		7.80%
	Land (three parcels)		1,426,000		Sales comparison approach		Price per acre		$23,000 to $139,000 per acre
									($44,000 per acre)
			$ 81,854,000

Receivables_Tables

Receivables (Tables)	12 Months Ended
Receivables (Tables)	Dec. 31, 2013
Receivables [Abstract]	'
Components Of Receivables	'

		December 31,
		2013	2012

	Rents and other receivables, net	$ 3,267,000	$ 3,317,000
	Straight-line rents	15,210,000	13,910,000
	Other (a)	15,000	619,000
		$ 18,492,000	$ 17,846,000

	(a) Includes $0.6 million at December 31, 2012, due from the Cedar/RioCan joint venture.

Other_Assets_And_Deferred_Char1

Other Assets And Deferred Charges, Net (Tables)	12 Months Ended
Other Assets And Deferred Charges, Net (Tables)	Dec. 31, 2013
Other Assets And Deferred Charges, Net [Abstract]	'
Components Of Other Assets And Deferred Charges, Net	'

		December 31,
		2013	2012
	Other assets:
	Prepaid expenses	$ 5,234,000	$ 5,196,000
	Leasehold improvements, furniture and fixtures	1,020,000	1,161,000
	Investments related to share-based compensation	435,000	450,000
	Property and other deposits	356,000	152,000
	Other	227,000	351,000
		7,272,000	7,310,000

	Deferred charges, net:
	Lease origination costs (a)	15,187,000	14,754,000
	Financing costs	5,194,000	5,529,000
	Other	642,000	1,650,000
		21,023,000	21,933,000

	Total other assets and deferred charges, net	$ 28,295,000	$ 29,243,000

	(a) Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $5.6 million (cost of $17.5 million and accumulated amortization of $11.9 million) and $6.1 million (cost of $16.7 million and accumulated amortization of $10.6 million), respectively.


Schedule Of Future Charges Of Unamortized Balances Of Deferred Lease Origination Costs And Deferred Financing Costs	'

		Lease
		origination	Financing
		costs	costs
	2014	$ 2,897,000	$ 1,883,000
	2015	2,453,000	1,569,000
	2016	2,118,000	1,026,000
	2017	1,560,000	257,000
	2018	1,248,000	172,000
	Thereafter	4,911,000	287,000
		$ 15,187,000	$ 5,194,000

Mortgage_Loans_Payable_And_Cre1

Mortgage Loans Payable And Credit Facility (Tables)	12 Months Ended
Mortgage Loans Payable And Credit Facility (Tables)	Dec. 31, 2013
Mortgage Loans Payable And Credit Facility [Abstract]	'
Schedule Of Debt Related To Continuing Operations	'

			31-Dec-13						31-Dec-12
					Interest rates						Interest rates
			Balance		Weighted				Balance		Weighted
	Description		outstanding		average		Range		outstanding		average		Range
	Fixed-rate mortgages (a)		$ 458,207,000		5.50%		3.1% - 7.5%		$ 528,751,000		5.60%		3.1% - 7.5%
	Variable-rate mortgage		58,085,000		2.90%				60,417,000		3.00%
	Total property-specific mortgages		516,292,000		5.20%				589,168,000		5.30%
	Unsecured credit facility:
	Revolving facility		153,500,000		2.30%				-		n/a
	Term loan		50,000,000		2.30%				-		n/a
			203,500,000		2.30%				-		n/a
	Secured credit facility:
	Revolving facility		-		n/a				81,000,000		2.80%
	Term loan		-		n/a				75,000,000		2.80%
			-		n/a				156,000,000		2.80%

			$ 719,792,000		4.30%				$ 745,168,000		4.80%

	(a) At December 31, 2012, the Company had two mortgage loans payable aggregating approximately $19.3 million subject to interest rate swaps which converted the LIBOR-based variable rates to fixed annual rates of 5.4% and 6.5% per annum. These loans were repaid during 2013.


Schedule Of Mortgage Loan Activity	'

			Years ended December 31,
			2013		2012
	Balance, beginning of year (a)		$ 589,168,000		$ 570,372,000
	New mortgage borrowings and assumptions (b)		-		74,605,000
	Repayments		-72,876,000		-55,809,000
	Balance, end of the year		$ 516,292,000		$ 589,168,000

	(a) Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
	(b) Includes $1.5 million increase relating to Franklin Village Plaza purchase accounting allocations in 2012.


Schedule Of Debt Included In Discontinuing Operations	'

			31-Dec-13						31-Dec-12
					Interest rates						Interest rates
			Balance		Weighted				Balance		Weighted
	Description		outstanding		average		Range		outstanding		average		Range

	Fixed-rate mortgages (a)		$ 22,848,000		5.40%		5.2% - 6.1%		$ 39,306,000		5.70%		5.2% - 6.5%

	(a) At December 31, 2013 and 2012, the Company had a mortgage loan payable of approximately $11.9 million and $12.2 million, respectively, subject to an interest rate swap which converted the LIBOR-based variable rate to a fixed annual rate of 5.2% per annum.


Schedule Of Principal Payments On Mortgage Loans Payable And Credit Facility	'

	2014		$ 157,823,000	(a)
	2015		68,821,000
	2016		293,039,000	(b)
	2017		62,962,000
	2018		70,199,000
	Thereafter		66,948,000
			$ 719,792,000



		(a)		Substantially all 2014 debt requirements will be refinanced from the proceeds of the unsecured term loans which closed on February 11, 2014 (see above).
	(b) Includes $153.5 million subject to two one-year extension options.


Summary Of The Derivative Financial Instruments Held	'


						Notional values								Balance	Fair value
	Designation/					December 31,				December 31,		Maturity		sheet	December 31,	December 31,
	Cash flow	Derivative		Count		2013		Count		2012		date		location	2013	2012
		Interest												Accrued
		rate swaps												liabilities
	Qualifying	Consolidated		1		$ 11,894,000	(a)	3		$ 31,417,000	(a)	2018		Consolidated	$ 647,000	$ 1,577,000

	(a) For the years ended December 31, 2013 and 2012, $11.9 million and $12.2 million, respectively, are included in mortgage loans payable - real estate held for sale/conveyance on the consolidated balance sheets.


Effect Of The Derivative Financial Instruments On The Consolidated Statements Of Operations And Consolidated Statements Of Equity	'

				Amount of gain recognized in other
				comprehensive income (loss) (effective portion)
	Designation/			Years ended December 31,
	Cash flow	Derivative		2013		2012		2011

	Qualifying	Consolidated		$ 1,260,000	(a)	$ 836,000		$ (398,000)
		Cedar/RioCan
	Qualifying	Joint Venture		$ -		$ 118,000		$ (118,000)

	(a) For the year ended December 31, 2013, $1,058,000 was reclassified from other comprehensive income to interest expense in the consolidated statements of operations, of which $309,000 was included in discontinued operations.

Intangible_Lease_AssetLiabilit1

Intangible Lease Asset/Liability (Tables)	12 Months Ended
Intangible Lease Asset/Liability (Tables)	Dec. 31, 2013
Intangible Lease Asset/Liability [Abstract]	'
Schedule Of Unamortized Balance Of Intangible Lease Liabilities Net	'

	2014	$ 4,498,000
	2015	3,384,000
	2016	2,561,000
	2017	2,306,000
	2018	2,215,000
	Thereafter	11,904,000
		$ 26,868,000

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	12 Months Ended
Shareholders' Equity (Tables)	Dec. 31, 2013
Shareholders' Equity [Abstract]	'
Schedule Of Dividends	'

		Years ended December 31,
		2013	2012	2011
	Common stock	$ 0.200	$ 0.200	$ 0.360
	Cumulative Redeemable Preferred Stock:
	8.875% Series A	$ -	$ 2.219	$ 2.219
	7.250% Series B	$ 1.812	$ 0.906	$ -

Revenues_Tables

Revenues (Tables)	12 Months Ended
Revenues (Tables)	Dec. 31, 2013
Revenues [Abstract]	'
Schedule Of Rent Revenues	'

		Years ended December 31,
		2013	2012	2011
	Base rents	$ 103,166,000	$ 96,897,000	$ 93,125,000
	Percentage rent	804,000	1,001,000	985,000
	Straight-line rents	1,387,000	930,000	1,084,000
	Amortization of intangible lease liabilities	4,441,000	5,359,000	5,731,000
	Total rents	$ 109,798,000	$ 104,187,000	$ 100,925,000



Schedule Of Annual Future Base Rents Due To Be Received	'

	2014	$ 103,574,000
	2015	94,377,000
	2016	83,577,000
	2017	71,808,000
	2018	62,758,000
	Thereafter	280,816,000
		$ 696,910,000

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	12 Months Ended
Share-Based Compensation (Tables)	Dec. 31, 2013
Share-Based Compensation [Abstract]	'
Schedule Of Share-Based Compensation Information	'

			Years ended December 31,
			2013		2012		2011
	Share-based compensation:

	Expense relating to share grants (a)		$ 4,108,000		$ 3,903,000		$ 5,665,000
	Adjustments to reflect changes in market price of
	Company's common stock		-		10,000		-775,000
	Amounts capitalized		-407,000		-352,000		-387,000
	Total charged to operations (b)		$ 3,701,000		$ 3,561,000		$ 4,503,000


					Weighted average
			Shares		grant date value
	Unvested shares, December 31, 2012		3,515,000		$ 4.83
	Restricted share grants		584,000		5.65
	Vested during period		-341,000		5.53
	Forfeitures/cancellations		-68,000		5.17
	Unvested shares, December 31, 2013		3,690,000		$ 4.89

	(a) The 2012 and 2011 amounts include expense relating to equity and liability awards, as discussed below.
	(b) The 2012 and 2011 amounts include $362,000 and $1,980,000, respectively, applicable to accelerated vestings that are included in management transition charges and employee termination costs.


Summary Of Information Relating To Performance-Based Grants	'

				Absolute TSR				Relative TSR
			Grant date		Annual
	Grant	Shares	market	Portion of	average	Appraisal		Portion of	Appraisal
	year	granted	price	grant	return	value		grant	value
	2011	275,000	$ 6.54	50%	8%	$ 4.40		50%	$ 5.91

Noncontrolling_Interest_Limite

Noncontrolling Interest - Limited Partners' Mezzanine OP Units (Tables)	12 Months Ended
	Dec. 31, 2013
Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units [Abstract]	'
Schedule Of Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units	'

		December 31,
		2013	2012

	Balance, beginning of year	$ 623,000	$ 4,616,000

	Net (loss) income	-2,000	9,000
	Total other comprehensive (loss) income	-2,000	9,000

	Distributions	-14,000	-25,000
	Conversions of OP Units into shares of common stock	-	-3,897,000
	Redemptions of OP Units	-160,000	-
	Reallocation adjustment of limited partners' interest	-33,000	-80,000

	Balance, end of year	$ 414,000	$ 623,000

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Schedule of Calculation of Numerator and Denominator in Earnings Per Share	'

		Years ended December 31,
		2013	2012	2011
	Numerator
	Income (loss) from continuing operations	$ 5,037,000	$ 23,836,000	$ (28,139,000)
	Preferred stock dividends	-14,413,000	-14,819,000	-14,200,000
	Preferred stock redemption costs	-1,166,000	-4,998,000	-
	Net loss attributable to noncontrolling interests	247,000	375,000	920,000
	Net earnings allocated to unvested shares	-758,000	-806,000	-810,000
	(Loss) income from continuing operations attributable to common
	shareholders	-11,053,000	3,588,000	-42,229,000
	Results from discontinued operations, net of noncontrolling interests	9,164,000	5,495,000	-76,342,000
	Net (loss) income attributable to common shareholders, basic and diluted	$ (1,889,000)	$ 9,083,000	$ (118,571,000)

	Denominator
	Weighted average number of vested common shares outstanding	68,381,000	68,017,000	66,387,000

	(Loss) earnings per common share, basic and fully diluted
	Continuing operations	$ (0.16)	$ 0.05	$ (0.64)
	Discontinued operations	$ 0.13	$ 0.08	$ (1.15)
		$ (0.03)	$ 0.13	$ (1.79)

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Tables)	12 Months Ended
Selected Quarterly Financial Data (Tables)	Dec. 31, 2013
Selected Quarterly Financial Data [Abstract]	'
Schedule Of Selected Quarterly Financial Data	'


		Quarter ended
	Year	31-Mar	30-Jun	30-Sep	31-Dec
	2013
	Revenues as previously reported	$ 36,963,000	$ 35,371,000	$ 35,438,000	$ 35,166,000
	Revenues from discontinued operations and reclassifications (a)	-1,404,000	-1,450,000	-1,260,000	-
	Revenues	$ 35,559,000	$ 33,921,000	$ 34,178,000	$ 35,166,000

	Net income	$ 3,852,000	$ 4,486,000	$ 62,000	$ 5,802,000
	Net (loss) income attributable to common shareholders	$ (912,000)	$ 977,000	$ (3,479,000)	$ 2,283,000
	Per common share (basic and diluted) (b)	$ (0.02)	$ 0.01	$ (0.05)	$ 0.03

	2012
	Revenues as previously reported	$ 34,384,000	$ 36,898,000	$ 33,489,000	$ 35,813,000
	Revenues from discontinued operations and reclassifications (a)	-1,165,000	-1,227,000	-1,200,000	-1,266,000
	Revenues	$ 33,219,000	$ 35,671,000	$ 32,289,000	$ 34,547,000

	Net (loss) income	$ (4,868,000)	$ 5,895,000	$ 2,298,000	$ 30,690,000
	Net (loss) income attributable to common shareholders	$ (9,340,000)	$ 1,236,000	$ (4,299,000)	$ 22,292,000
	Per common share (basic and diluted) (b)	$ (0.14)	$ 0.01	$ (0.07)	$ 0.31

	(a) Represents revenues from discontinued operations which were included in revenues as previously reported.
	(b) Differences between the sum of the four quarterly per share amounts and the annual per share amounts are attributable to the effect of the weighted average outstanding share calculations for the respective periods.

Business_And_Organization_Deta

Business And Organization (Details)	12 Months Ended
	Dec. 31, 2013
	property
Business And Organization [Abstract]	'
Number of properties	65
OP units outstanding	516,000
Company's interest in Operating Partnership	99.30%
Limited partners' interest in Operating Partnership	0.70%

Summary_Of_Significant_Account3

Summary Of Significant Accounting Policies (Narrative) (Details) (USD $)

6 Months Ended

12 Months Ended

1 Months Ended

Jun. 30, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Oct. 09, 2012

Dec. 31, 2013

Apr. 30, 2013

Oct. 31, 2013

property

RioCan Real Estate Investment Trust [Member]

Homburg Joint Venture [Member]

40% General Partnership Interest [Member]

Variable Interest Entity, Primary Beneficiary [Member]

Minimum [Member]

Maximum [Member]

Heritage Crossings And Upland Square Projects [Member]

Upland Square [Member]

property

60% Ownership Interest [Member]

item

Summary Of Significant Accounting Policies [Line Items]

Ownership percentage

20.00%

40.00%

60.00%

Number of properties

Number of joint ventures

Joint venture ownership percentage

60.00%

Acquired ownership percentage in joint venture

40.00%

VIE real estate owned carrying value

$41,100,000

Percentage of VIE's results of operations included in net income (loss) attributable to common shareholders

100.00%

Percentage of joint ventures' results of operations included in net income (loss) attributable to common shareholders

100.00%

Revenues

138,824,000

135,726,000

129,988,000

Limited partner's interest in unconsolidated joint venture

85.00%

Investments in and advances to unconsolidated joint ventures

4,300,000

1,600,000

Depreciation expense

41,066,000

[1],[2]

40,026,000

[1],[2]

38,768,000

[1],[2]

Real estate investments useful life

'3 years

'40 years

Cost of acquired properties

200,000

100,000

900,000

Potential development projects costs write off

500,000

Cash at consolidated joint ventures

1,500,000

1,600,000

Allowance for doubtful accounts receivable

5,100,000

5,400,000

Provision for doubtful accounts included in operating, maintenance and management expenses

$1,800,000

$1,900,000

Remaining number of shares provided for award to key employees

2,000,000

Maximum number of shares may be issued under the plan

4,500,000

Maximum number of shares to be granted per year to a participant

500,000

[1]

Restated to reflect the reclassifications of properties to "real estate held for sale/conveyance" during 2013.

[2]

Depreciation is provided over the estimated useful lives of the buildings and improvements, which range from 3 to 40 years.

Summary_Of_Significant_Account4

Summary Of Significant Accounting Policies (Supplemental Consolidated Statements Of Cash Flows Information) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Supplemental disclosure of cash activities:	'	'	'
Cash paid for interest	$36,114,000	$43,663,000	$47,611,000
Supplemental disclosure of non-cash activities:	'	'	'
Capitalization of interest and deferred financing costs	915,000	1,314,000	2,629,000
Conversions of OP Units into common stock	24,000	7,895,000	'
Issuance of OP Units in connection with a property acquisition	-1,500,000	'	'
Deed-in-lieu of foreclosure of a property:	'	'	'
Real estate transferred	-4,724,000	'	'
Mortgage loan payable and related obligations settled	13,878,000	'	'
Mortgage loans payable assumed by buyers	'	76,632,000	24,273,000
Exchange of joint venture interest for 100% interest in unconsolidated joint venture property:	'	'	'
Real estate and related assets acquired	'	75,127,000	'
Mortgage loans payable assumed	'	-43,112,000	'
Acquisition of noncontrolling interests in consolidated joint venture properties	'	7,595,000	'
Disposition of noncontrolling interests in consolidated joint venture properties	'	($36,840,000)	'

Real_Estate_Narrative_Details

Real Estate (Narrative) (Details) (USD $)	0 Months Ended	12 Months Ended					1 Months Ended	0 Months Ended
	Nov. 18, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Oct. 10, 2012	Oct. 12, 2012	Oct. 31, 2013	Nov. 18, 2013
	Nov. 18, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Franklin Village Plaza [Member]	Meadows Marketplace And Fieldstone Marketplace [Member]	Upland Square [Member]	Big Y Shopping Center [Member]
Real Estate Properties [Line Items]	'	'	'	'	'	'	'	'
Percentage of ownership acquired	'	'	'	'	100.00%	80.00%	'	'
Acquired ownership percentage in joint venture	'	'	'	'	'	'	40.00%	'
Payments to acquire interest in joint ventures	'	'	'	$4,300,000	'	'	$1,600,000	'
Acquisition of real estate	'	33,000,000	'	51,512,000	'	'	'	34,500,000
Credit facility used to fund the purchase of property	'	'	'	'	'	'	'	33,000,000
Issuance of OP Units in connection with a property acquisition	'	270,000	'	'	'	'	'	270,000
Issuance of OP Units in connection with a property acquisition, value	'	-1,500,000	'	'	'	'	'	1,500,000
Acquisition transaction costs and terminated projects	$200,000	$182,000	$116,000	$1,436,000	'	'	'	'

Real_Estate_Real_Estate_And_Ac

Real Estate (Real Estate And Accumulated Depreciation) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Cost	'		'		'
Balance, beginning of year	$1,413,402,000	[1]	$1,316,927,000	[1]	'
Property acquired	34,666,000	[2]	76,185,000	[2]	46,863,000	[2]
Land parcel sold	-1,351,000	[2]	'		'
Improvements and betterments	12,133,000	[2]	20,389,000	[2]	33,164,000	[2]
Write-off of fully-depreciated assets	-18,996,000		-99,000		'
Balance, end of year	1,439,854,000		1,413,402,000	[1]	1,316,927,000	[1]
Accumulated depreciation	'		'		'
Balance, beginning of the year	-229,535,000	[1]	-189,608,000	[1]	'
Depreciation expense	-41,066,000	[2],[3]	-40,026,000	[2],[3]	-38,768,000	[2],[3]
Write-off of fully-depreciated assets	18,996,000	[2]	99,000	[2]	168,000	[2]
Balance, end of the year	-251,605,000		-229,535,000	[1]	-189,608,000	[1]
Net book value	$1,188,249,000	[2]	$1,183,867,000	[2]	$1,127,319,000	[2]

[1]	Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
[2]	Restated to reflect the reclassifications of properties to "real estate held for sale/conveyance" during 2013.
[3]	Depreciation is provided over the estimated useful lives of the buildings and improvements, which range from 3 to 40 years.

Properties_Held_For_Sale_and_R2

Properties Held For Sale and Related Transactions (Details) (USD $)

1 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Mar. 31, 2013

Apr. 30, 2011

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Apr. 30, 2011

Jun. 05, 2013

Dec. 31, 2013

Dec. 31, 2011

Nov. 14, 2013

Dec. 31, 2013

Oct. 12, 2013

Dec. 31, 2012

Feb. 28, 2011

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

property

Non-Recourse Loans Due May 2011 [Member]

Non-Recourse Loans Due March 2012 [Member]

Westlake Discount Drug Mart Plaza [Member]

Roosevelt II [Member]

Gahanna Discount Drug Mart Plaza and McCormick Place [Member]

Meadows Marketplace And Fieldstone Marketplace [Member]

Homburg Joint Venture [Member]

Properties Held For Sale/Conveyance [Member]

Impairment Charges Related To Properties Classified As Held For Sale [Member]

Impairment Charges Related To Updating Valuations [Member]

Impairment Charges Related To Development Projects And Other Non-Core Properties [Member]

Impairment Charges Related To Malls [Member]

Impairment Charges Related To Discount Drug Mart Portfolio [Member]

Impairment Charges Related To Single Tenant Triple-Net-Lease Properties [Member]

Impairment Charges Related To Homburg Joint Venture Properties [Member]

Discontinued Operations [Member]

Continuing Operations [Member]

property

Westlake Discount Drug Mart Plaza [Member]

Roosevelt II [Member]

Homburg Joint Venture [Member]

Kingston Plaza [Member]

East Chestnut [Member]

Stadium Plaza [Member]

property

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Loan to developers

$4,100,000

Interest rate on loan to developers

6.25%

Impairment charge of mortgage loan receivable

4,400,000

Collection on developers loan

1,100,000

Impairment (reversals)/charges, net

-1,100,000

[1]

5,779,000

[1]

7,148,000

[1]

Impairment charges, net

-3,977,000

[2]

-4,000

[2]

-88,458,000

[2]

-9,100,000

-3,300,000

-700,000

-36,600,000

-33,100,000

-11,100,000

-5,300,000

-2,400,000

Property ownership percentage sold

100.00%

20.00%

100.00%

Net proceeds from sales of real estate

34,713,000

34,858,000

30,586,000

2,100,000

Mortgage loans payable and accrued interest for properties under conveyance process

3,400,000

13,900,000

8,100,000

Gain on extinguishment of debt obligations

10,452,000

1,300,000

9,200,000

Payments of mortgage loan payable

64,000,000

63,300,000

2,100,000

19,000,000

Carrying value of property held for sale

4,700,000

Number of properties

Number of properties acquired

Number of properties sold

Property ownership percentage

100.00%

Purchase price of acquired property

27,300,000

Assumption of mortgage financing related to the exchange agreement

21,800,000

Increase in shareholders' equity

-1,552,000

-6,148,000

7,600,000

Sales price

46,393,000

51,163,000

56,504,000

2,240,000

13,878,000

[3]

23,642,000

1,182,000

3,100,000

5,400,000

3,541,000

4,367,000

Mortgage financing transferred

14,500,000

Gain on sales

4,679,000

884,000

4,679,000

884,000

3,929,000

293,000

Estimated gain that would be recognized at the time of conveyances

1,900,000

Non recourse first mortgage loans payment due

14,700,000

12,900,000

Guaranteed loan amount

250,000

Write-off of investment in unconsolidated joint venture

($7,961,000)

[4]

[1]

Included in operating income in the accompanying statements of operations.

[2]

Included in discontinued operations in the accompanying statements of operations.

[3]

Lender accepted a deed-in-lieu of foreclosure on the property. Sales price represents mortgage loan payable, accrued interest and other expenses forgiven upon title transfer.

[4]

Represents the write-off of an investment in an unconsolidated joint venture, and is included in non-operating income and expense in the accompanying statements of operations.

Properties_Held_For_Sale_and_R3

Properties Held For Sale and Related Transactions(Schedule Of The Components Of Income (Loss) From Discontinued Operations) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
REVENUES	'		'		'
Rents	$10,517,000		$20,608,000		$31,515,000
Expense recoveries and other	2,973,000		5,261,000		7,956,000
Total revenues	13,490,000		25,869,000		39,471,000
EXPENSES	'		'		'
Operating, maintenance and management	3,889,000		7,476,000		9,866,000
Real estate and other property-related taxes	2,761,000		4,205,000		5,849,000
Depreciation and amortization	1,258,000		1,385,000		6,744,000
Interest	2,455,000		7,299,000		9,813,000
Early extinguishment of debt costs	437,000		'		'
Total expenses	10,800,000		20,365,000		32,272,000
INCOME FROM OPERATIONS	2,690,000		5,504,000		7,199,000
Impairment charges, net	-3,977,000	[1]	-4,000	[1]	-88,458,000	[1]
GAIN ON EXTINGUISHMENT OF DEBT OBLIGATIONS	10,452,000		'		'
GAIN ON SALES	'		4,679,000		884,000
TOTAL INCOME (LOSS) FROM DISCONTINUED OPERATIONS	$9,165,000		$10,179,000		($80,375,000)

[1]	Included in discontinued operations in the accompanying statements of operations.

Properties_Held_For_Sale_and_R4

Properties Held For Sale and Related Transactions (Schedule Of Impairment Charges) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Properties Held For Sale and Related Transactions [Abstract]	'		'		'
Impairment (reversals)/charges - Ohio property loan (2013 and 2012), and land parcels (2012 and 2011)	($1,100,000)	[1]	$5,779,000	[1]	$7,148,000	[1]
Loss on exit from unconsolidated joint venture	'		'		7,961,000	[2]
Impairment charges, net - properties held for sale/conveyance	$3,977,000	[3]	$4,000	[3]	$88,458,000	[3]

[1]	Included in operating income in the accompanying statements of operations.
[2]	Represents the write-off of an investment in an unconsolidated joint venture, and is included in non-operating income and expense in the accompanying statements of operations.
[3]	Included in discontinued operations in the accompanying statements of operations.

Properties_Held_For_Sale_and_R5

Properties Held For Sale and Related Transactions (Schedule Of Transactions Related To Properties Held For Sale/Conveyance) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Gain on sales	'		$4,679,000	$884,000
Gain on sales, continuing operations	609,000		997,000	130,000
Roosevelt II [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Owned	'		'	100.00%
Discontinued Operations [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Sales price	46,393,000		51,163,000	56,504,000
Gain on sales	'		4,679,000	884,000
Discontinued Operations [Member] \| Hilliard Discount Drug Mart Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		7-Feb-12	'
Sales price	'		1,434,000	'
Discontinued Operations [Member] \| First Merit Bank At Akron [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		23-Feb-12	'
Sales price	'		633,000	'
Discontinued Operations [Member] \| Grove City Discount Drug Mart Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		12-Mar-12	'
Sales price	'		1,925,000	'
Discontinued Operations [Member] \| CVS At Naugatuck [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		50.00%	'
Date Sold	'		20-Mar-12	'
Sales price	'		3,350,000	'
Gain on sales	'		457,000	'
Discontinued Operations [Member] \| CVS At Bradford [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		30-Mar-12	'
Sales price	'		967,000	'
Discontinued Operations [Member] \| CVS At Celina [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		30-Mar-12	'
Sales price	'		1,449,000	'
Discontinued Operations [Member] \| CVS At Erie [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		30-Mar-12	'
Sales price	'		1,278,000	'
Discontinued Operations [Member] \| CVS At Portage Trail [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		30-Mar-12	'
Sales price	'		1,061,000	'
Discontinued Operations [Member] \| Rite Aid At Massillon [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		30-Mar-12	'
Sales price	'		1,492,000	'
Discontinued Operations [Member] \| Kingston Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		12-Apr-12	'
Sales price	'		1,182,000	'
Gain on sales	'		293,000	'
Discontinued Operations [Member] \| Stadium Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		3-May-12	'
Sales price	'		5,400,000	'
Discontinued Operations [Member] \| Homburg Joint Venture [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		20.00%	'
Date Sold	'		12-Oct-12	'
Sales price	'		23,642,000	'
Gain on sales	'		3,929,000	'
Discontinued Operations [Member] \| The Point At Carlisle [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		15-Oct-12	'
Sales price	'		7,350,000	'
Discontinued Operations [Member] \| Bergstrasse [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	14-Feb-11
Sales price	'		'	1,900,000
Gain on sales	'		'	33,000
Discontinued Operations [Member] \| Ohio Propeties (Two) [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	30-Mar-11
Sales price	'		'	4,032,000
Discontinued Operations [Member] \| Fairfield Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	15-Apr-11
Sales price	'		'	10,840,000
Gain on sales	'		'	470,000
Discontinued Operations [Member] \| CVS At Kingston [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	14-Nov-11
Sales price	'		'	5,250,000
Gain on sales	'		'	185,000
Discontinued Operations [Member] \| CVS At Kinderhook [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	8-Dec-11
Sales price	'		'	4,000,000
Gain on sales	'		'	196,000
Discontinued Operations [Member] \| Shoppes At Salem Run [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	12-Dec-11
Sales price	'		'	1,675,000
Discontinued Operations [Member] \| Virginia Center Commons [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	21-Dec-11
Sales price	'		'	3,550,000
Discontinued Operations [Member] \| Ohio Properties (Nine) [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		'	100.00%
Date Sold	'		'	28-Dec-11
Sales price	'		'	25,257,000
Discontinued Operations [Member] \| East Chestnut [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	2-Jan-13		'	'
Sales price	3,100,000		'	'
Discontinued Operations [Member] \| Columbia Mall [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	17-Apr-13		'	'
Sales price	2,775,000		'	'
Discontinued Operations [Member] \| Heritage Crossings [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	9-May-13		'	'
Sales price	9,400,000		'	'
Discontinued Operations [Member] \| Westlake Discount Drug Mart Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	5-Jun-13		'	'
Sales price	2,240,000		'	'
Discontinued Operations [Member] \| Dunmore Shopping Center [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	8-Nov-13		'	'
Sales price	4,000,000		'	'
Discontinued Operations [Member] \| Roosevelt II [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	14-Nov-13		'	'
Sales price	13,878,000	[1]	'	'
Discontinued Operations [Member] \| Oakhurst Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	11-Dec-13		'	'
Sales price	11,000,000		'	'
Continuing Operations [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Sales price	3,541,000		4,367,000	'
Gain on sales, continuing operations	481,000		997,000	'
Continuing Operations [Member] \| Blue Mountain Commons [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		19-Jun-12	'
Sales price	'		102,000	'
Gain on sales, continuing operations	'		79,000	'
Continuing Operations [Member] \| Oregon Pike [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		100.00%	'
Date Sold	23-Dec-13		28-Jun-12	'
Sales price	1,451,000		1,100,000	'
Continuing Operations [Member] \| Trindle Springs [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		20-Jul-12	'
Sales price	'		800,000	'
Continuing Operations [Member] \| Aston [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		27-Jul-12	'
Sales price	'		1,365,000	'
Gain on sales, continuing operations	'		402,000	'
Continuing Operations [Member] \| Wyoming [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	'		100.00%	'
Date Sold	'		16-Nov-12	'
Sales price	'		1,000,000	'
Gain on sales, continuing operations	'		516,000	'
Continuing Operations [Member] \| Huntingdon Plaza [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	29-Mar-13		'	'
Sales price	390,000		'	'
Gain on sales, continuing operations	266,000		'	'
Continuing Operations [Member] \| Upland Square [Member]	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'		'	'
Percent Sold	100.00%		'	'
Date Sold	8-Nov-13		'	'
Sales price	1,700,000		'	'
Gain on sales, continuing operations	$215,000		'	'

[1]	Lender accepted a deed-in-lieu of foreclosure on the property. Sales price represents mortgage loan payable, accrued interest and other expenses forgiven upon title transfer.

Investment_In_CedarRioCan_Join2

Investment In Cedar/RioCan Joint Venture (Narrative) (Details) (USD $)	12 Months Ended			12 Months Ended					0 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Oct. 09, 2012	Oct. 09, 2012	Oct. 10, 2012
			property	Cedar/Rio Can Joint Venture [Member]	Cedar/Rio Can Joint Venture [Member]	Cedar/Rio Can Joint Venture [Member]	Cedar/Rio Can Joint Venture [Member]	Rio Can [Member]	Franklin Village Plaza [Member]
							property
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'	'	'	'
Management fee revenue	'	'	'	$200,000	$2,800,000	$2,800,000	'	'	'
Percentage of joint venture ownership	'	'	'	'	'	'	20.00%	80.00%	'
Number of properties	'	'	65	'	'	'	22	'	'
Property ownership percentage	'	'	'	'	'	'	'	'	100.00%
Purchase price of acquired property	'	'	'	'	'	'	'	'	75,100,000
Assumption of mortgage financing related to the exchange agreement	'	'	'	'	'	'	'	'	43,100,000
Cash received in the exchange transaction	'	'	'	'	'	'	'	'	41,600,000
Gain (loss) on exit from unconsolidated joint ventures	$30,526,000	($7,961,000)	'	'	'	'	'	'	'

Investment_In_CedarRioCan_Join3

Investment In Cedar/RioCan Joint Venture (Summarized Financial Information Related To Cedar/RioCan Joint Venture Investment, Income Statement) (Details) (USD $)	9 Months Ended	12 Months Ended
	Oct. 10, 2012	Dec. 31, 2011
Investment In Cedar/RioCan Joint Venture [Abstract]	'	'
Revenues	$49,341,000	$62,500,000
Property operating and other expenses	-4,373,000	-6,631,000
Management fees	-1,653,000	-2,006,000
Real estate taxes	-5,941,000	-7,214,000
Acquisition transaction costs	-964,000	-917,000
General and administrative	-174,000	-308,000
Depreciation and amortization	-15,769,000	-20,616,000
Interest and other non-operating expenses, net	-13,027,000	-18,078,000
Net income	7,440,000	6,730,000
The Company's share of net income	$1,481,000	$1,346,000

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Fair Value Measurements [Abstract]	'	'
Fair value of fixed rate mortgage loans payable	$471.80	$548.40
Carrying value of fixed rate mortgage payable	$458.20	$528.80

Fair_Value_Measurements_Schedu

Fair Value Measurements (Schedule Of Assets And Liabilities Measured At A Fair Value On Recurring Basis) (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Investments related to share-based compensation liabilities	$435,000	[1]	$450,000	[1]
Share-based compensation liabilities	426,000	[2]	445,000	[2]
Interest rate swaps liability	647,000	[2]	1,577,000	[2]
Fair Value, Inputs, Level 1 [Member]	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Investments related to share-based compensation liabilities	435,000	[1]	450,000	[1]
Share-based compensation liabilities	426,000	[2]	445,000	[2]
Fair Value, Inputs, Level 2 [Member]	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Interest rate swaps liability	647,000	[2]	1,577,000	[2]
Fair Value, Inputs, Level 3 [Member]	'		'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'
Investments related to share-based compensation liabilities	'	[1]	'	[1]
Share-based compensation liabilities	'	[2]	'	[2]
Interest rate swaps liability	'	[2]	'	[2]

[1]	Included in other assets in the accompanying consolidated balance sheets.
[2]	Included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets.

Fair_Value_Measurements_Schedu1

Fair Value Measurements (Schedule Of Assets Measured At A Fair Value On Non-recurring Basis) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Real estate held for sale/conveyance	$81,854,000	$77,793,000
Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Real estate held for sale/conveyance	'	'
Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Real estate held for sale/conveyance	'	15,574,000
Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Real estate held for sale/conveyance	$81,854,000	$62,219,000

Fair_Value_Measurements_Quanti

Fair Value Measurements (Quantitative Information Regarding Level 3 Assets Measured At Fair Value On Non-recurring Basis) (Details) (USD $)

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

property

Fair Value, Inputs, Level 3 [Member]

Operating retail real estate [Member]

Land Development Property [Member]

Land [Member]

Fair Value, Inputs, Level 3 [Member]

Discounted Cash Flow Valuation Technique [Member]

Fair Value, Inputs, Level 3 [Member]

property

Discounted Cash Flow Valuation Technique [Member]

item

Sales Comparison Approach Valuation Technique [Member]

Minimum [Member]

Maximum [Member]

Weighted Average [Member]

Minimum [Member]

Maximum [Member]

Weighted Average [Member]

Fair Value Inputs, Assets, Quantitative Information [Line Items]

Real estate held for sale/conveyance

$81,854,000

$77,793,000

$81,854,000

$62,219,000

$70,217,000

$10,211,000

$1,426,000

Capitalization rates

7.80%

11.00%

8.20%

7.30%

Discount rates

9.20%

11.60%

9.30%

7.80%

Price per acre

23,000

139,000

44,000

Number of parcels of land

Number of properties

Concentration_Of_Credit_Risk_D

Concentration Of Credit Risk (Details)	12 Months Ended
Concentration Of Credit Risk (Details)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Concentration Risk [Line Items]	'	'	'
Number of properties	65	'	'
Geographic Concentration Risk [Member]	'	'	'
Concentration Risk [Line Items]	'	'	'
Number of properties	28	'	'
Revenues [Member] \| Ahold N.V. [Member]	'	'	'
Concentration Risk [Line Items]	'	'	'
Percentage of concentration risk	15.00%	14.00%	14.00%

Receivables_Details

Receivables (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Receivables [Abstract]	'	'
Rents and other receivables, net	$3,267,000	$3,317,000
Straight-line rents	15,210,000	13,910,000
Other	15,000	619,000	[1]
Receivables	18,492,000	17,846,000
Due from joint venture	'	$600,000

[1]	Includes $0.6 million at December 31, 2012, due from the Cedar/RioCan joint venture.

Other_Assets_And_Deferred_Char2

Other Assets And Deferred Charges, Net (Narrative) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other Assets And Deferred Charges, Net [Abstract]	'	'	'
Amortization expense of deferred charges	$5.60	$7.90	$7.30
Accumulated amortization of deferred lease origination costs	20.3	'	'
Accumulated amortization of deferred financing costs	$10.20	'	'

Other_Assets_And_Deferred_Char3

Other Assets And Deferred Charges, Net (Components Of Other Assets And Deferred Charges, Net) (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012
Other assets:	'		'
Prepaid expenses	$5,234,000		$5,196,000
Leasehold improvements, furniture and fixtures	1,020,000		1,161,000
Investments related to share-based compensation	435,000	[1]	450,000	[1]
Property and other deposits	356,000		152,000
Other	227,000		351,000
Other assets	7,272,000		7,310,000
Deferred charges, net:	'		'
Lease origination costs	15,187,000	[2]	14,754,000	[2]
Financing costs	5,194,000		5,529,000
Other	642,000		1,650,000
Deferred charges, net	21,023,000		21,933,000
Total other assets and deferred charges, net	28,295,000		29,243,000
Accumulated amortization of intangible lease assets	20,300,000		'
Intangible Lease Assets [Member]	'		'
Deferred charges, net:	'		'
Deferred charges, net	5,600,000		6,100,000
Cost of intangible lease assets	17,500,000		16,700,000
Accumulated amortization of intangible lease assets	$11,900,000		$10,600,000

[1]	Included in other assets in the accompanying consolidated balance sheets.
[2]	Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $5.6 million (cost of $17.5 million and accumulated amortization of $11.9 million) and $6.1 million (cost of $16.7 million and accumulated amortization of $10.6 million), respectively.

Other_Assets_And_Deferred_Char4

Other Assets And Deferred Charges, Net (Schedule Of Future Charges Of Unamortized Balances Of Deferred Lease Origination Costs And Deferred Financing Costs) (Details) (USD $)	Dec. 31, 2013		Dec. 31, 2012
Other Assets And Deferred Charges, Net [Abstract]	'		'
Lease origination costs, 2014	$2,897,000		'
Lease origination costs, 2015	2,453,000		'
Lease origination costs, 2016	2,118,000		'
Lease origination costs, 2017	1,560,000		'
Lease origination costs, 2018	1,248,000		'
Lease origination costs, thereafter	4,911,000		'
Lease origination costs	15,187,000	[1]	14,754,000	[1]
Financing costs, 2014	1,883,000		'
Financing costs, 2015	1,569,000		'
Financing costs, 2016	1,026,000		'
Financing costs, 2017	257,000		'
Financing costs, 2018	172,000		'
Financing costs, thereafter	287,000		'
Financing costs	$5,194,000		$5,529,000

[1]	Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $5.6 million (cost of $17.5 million and accumulated amortization of $11.9 million) and $6.1 million (cost of $16.7 million and accumulated amortization of $10.6 million), respectively.

Mortgage_Loans_Payable_And_Cre2

Mortgage Loans Payable And Credit Facility (Narrative) (Details) (USD $)

12 Months Ended

0 Months Ended

18 Months Ended

12 Months Ended

0 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Feb. 14, 2014

Jul. 01, 2014

Aug. 01, 2013

Dec. 31, 2012

Dec. 31, 2013

Aug. 01, 2013

Dec. 31, 2013

Aug. 01, 2013

Dec. 31, 2013

Aug. 01, 2013

Interest Rate Swap [Member]

Term Loan [Member]

Term Loan Maturing February 11, 2019 [Member]

Term Loan Maturing February 11, 2021 [Member]

Minimum [Member]

Maximum [Member]

Subsequent Event [Member]

Prior [Member]

Properties Held For Sale/Conveyance [Member]

Discontinued Operations [Member]

Unsecured Credit Facility [Member]

Term Loan Maturing February 11, 2019 [Member]

Term Loan Maturing February 11, 2021 [Member]

Term Loan Maturing February 11, 2019 [Member]

Term Loan Maturing February 11, 2021 [Member]

Term Loan Maturing February 11, 2019 [Member]

Term Loan Maturing February 11, 2021 [Member]

Revolving Credit Facility [Member]

Term Loan [Member]

Revolving Credit Facility [Member]

Term Loan [Member]

Minimum [Member]

Maximum [Member]

Line of Credit Facility [Line Items]

Repayments of Secured Debt

$64,000,000

$63,300,000

$19,000,000

Prepayments of debt

44,900,000

63,300,000

Payments of early extinguishment of debt costs

543,000

66,000

437,000

Credit facility borrowing capacity

300,000,000

225,000,000

75,000,000

310,000,000

260,000,000

Term loan amount

150,000,000

75,000,000

50,000,000

Debt term

'5 years

'7 years

'3 years

'4 years

'3 years

'5 years

Write-off of unamortized fees

2,600,000

Credit facility expiration date

1-Aug-16

1-Aug-18

Loan maturity date

11-Feb-19

11-Feb-21

Fees and legal expenses

1,100,000

4,000,000

1,700,000

Basis spread on borrowings variable rate

1.75%

2.00%

1.45%

1.70%

2.05%

2.30%

1.95%

1.65%

2.25%

Weighted-average interest rate

3.37%

4.27%

2.30%

Additional borrowing capacity under accordion feature

300,000,000

500,000,000

Revolving credit facility, amount outstanding

153,500,000

Remaining borrowing capacity

91,300,000

Unsecured credit facility

203,500,000

50,000,000

Mortgage loans payable - real estate held for sale/conveyance

22,848,000

39,306,000

11,900,000

12,200,000

Fixed annual interest rate

5.20%

Accounts payable and accrued liabilities

$22,666,000

$28,179,000

$600,000

Mortgage_Loans_Payable_And_Cre3

Mortgage Loans Payable And Credit Facility (Schedule Of Debt Related To Continuing Operations) (Details) (USD $)

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Continuing Operations [Member]

Fixed-Rate Mortgages [Member]

Variable-Rate Mortgage [Member]

Total Property-Specific [Member]

Unsecured Credit Facility [Member]

Secured Credit Facility [Member]

Minimum [Member]

Maximum [Member]

loan

Revolving Credit Facility [Member]

Term Loan [Member]

Revolving Credit Facility [Member]

Term Loan [Member]

Fixed-Rate Mortgages [Member]

Debt Instrument [Line Items]

Mortgage loans payable

$516,292,000

$589,168,000

[1]

$570,372,000

[1]

$458,207,000

$528,751,000

$58,085,000

$60,417,000

$516,292,000

$589,168,000

Weighted average interest rate

4.30%

4.80%

5.50%

5.60%

2.90%

3.00%

5.20%

5.30%

2.30%

2.80%

Interest rate, minimum

3.10%

Interest rate, maximum

7.50%

Credit facilities

156,000,000

203,500,000

153,500,000

50,000,000

156,000,000

81,000,000

75,000,000

Total debt

719,792,000

745,168,000

Number of mortgage loan payable subject to interest rate Swaps

Mortgage loans payable - real estate held for sale/conveyance

$22,848,000

$39,306,000

$19,300,000

Fixed annual interest rate

5.40%

6.50%

[1]

Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".

Mortgage_Loans_Payable_And_Cre4

Mortgage Loans Payable And Credit Facility (Schedule Of Mortgage Loan Activity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Debt Instrument [Line Items]	'		'
Balance, beginning of year	$589,168,000	[1]	$570,372,000	[1]
New mortgage borrowings and assumptions	'		74,605,000	[2]
Repayments	-72,876,000		-55,809,000
Balance, end of year	516,292,000		589,168,000	[1]
Franklin Village Plaza [Member]	'		'
Debt Instrument [Line Items]	'		'
New mortgage borrowings and assumptions	'		$1,500,000

[1]	Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".
[2]	Includes $1.5 million increase relating to Franklin Village Plaza purchase accounting allocations in 2012.Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".

Mortgage_Loans_Payable_And_Cre5

Mortgage Loans Payable And Credit Facility (Schedule Of Debt Included In Discontinuing Operations) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012		Dec. 31, 2011		Dec. 31, 2013	Dec. 31, 2012
						Discontinued Operations [Member]	Discontinued Operations [Member]
						Fixed-Rate Mortgages [Member]	Fixed-Rate Mortgages [Member]
Debt Instrument [Line Items]	'	'		'		'	'
Total property-specific mortgages, Balance outstanding	$516,292,000	$589,168,000	[1]	$570,372,000	[1]	$22,848,000	$39,306,000
Weighted average interest rate	'	'		'		5.40%	5.70%
Interest rate, minimum	'	'		'		5.20%	5.20%
Interest rate, maximum	'	'		'		6.10%	6.50%
Fixed annual interest rate	'	'		'		5.20%	5.20%
Mortgage Loans On Real Estate Held For Sale	$22,848,000	$39,306,000		'		$11,900,000	$12,200,000

[1]	Restated to reflect the reclassifications of properties subsequently treated as "held for sale/conveyance".

Mortgage_Loans_Payable_And_Cre6

Mortgage Loans Payable And Credit Facility (Schedule Of Principal Payments On Mortgage Loans Payable And Credit Facility) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
	item
Debt Instrument [Line Items]	'
2014	$157,823,000	[1]
2015	68,821,000
2016	293,039,000	[2]
2017	62,962,000
2018	70,199,000
Thereafter	66,948,000
Long-term debt	719,792,000
Number of extension options	2
One-Year Extension Option [Member]	'
Debt Instrument [Line Items]	'
2016	$153,500,000

[1]	Substantially all 2014 debt requirements will be refinanced from the proceeds of the unsecured term loans which closed on February 11, 2014 (see above).
[2]	Includes $153.5 million subject to two one-year extension options.

Mortgage_Loans_Payable_And_Cre7

Mortgage Loans Payable And Credit Facility (Summary Of The Derivative Financial Instruments Held) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
	contract		contract
Derivatives, Fair Value [Line Items]	'		'
Count	1		3
Notional values	$11,894,000	[1]	$31,417,000	[1]
Maturity date	'2018		'
Fair value	647,000		1,577,000
Mortgage loans payable - real estate held for sale/conveyance	22,848,000		39,306,000
Interest Rate Swap [Member]	'		'
Derivatives, Fair Value [Line Items]	'		'
Mortgage loans payable - real estate held for sale/conveyance	$11,900,000		$12,200,000

[1]	For the years ended December 31, 2013 and 2012, $11.9 million and $12.2 million, respectively, are included in mortgage loans payable - real estate held for sale/conveyance on the consolidated balance sheets.

Mortgage_Loans_Payable_And_Cre8

Mortgage Loans Payable And Credit Facility (Effect Of The Derivative Financial Instruments On The Consolidated Statements Of Operations And Consolidated Statements Of Equity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011
Derivative Instruments, Gain (Loss) [Line Items]	'		'	'
Amount of gain (loss) recognized in other comprehensive income (loss) (effective portion)	$1,260,000	[1]	$836,000	($398,000)
Amount reclassified from other comprehensive income to interest expense	1,058,000		'	'
Cedar/Rio Can Joint Venture [Member]	'		'	'
Derivative Instruments, Gain (Loss) [Line Items]	'		'	'
Amount of gain (loss) recognized in other comprehensive income (loss) (effective portion)	'		118,000	-118,000
Discontinued Operations [Member]	'		'	'
Derivative Instruments, Gain (Loss) [Line Items]	'		'	'
Amount reclassified from other comprehensive income to interest expense	$309,000		'	'

[1]	For the year ended December 31, 2013, $1,058,000 was reclassified from other comprehensive income to interest expense in the consolidated statements of operations, of which $309,000 was included in discontinued operations.

Intangible_Lease_AssetLiabilit2

Intangible Lease Asset/Liability (Narrative) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Intangible Lease Asset/Liability [Abstract]	'	'
Unamortized intangible lease liabilities	$26,868,000	$30,502,000
Unamortized intangible lease assets	200,000	400,000
Accumulated amortization	$53,100,000	'

Intangible_Lease_AssetLiabilit3

Intangible Lease Asset/Liability (Schedule Of Unamortized Balance Of Intangible Lease Liabilities Net) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Intangible Lease Asset/Liability [Abstract]	'	'
2014	$4,498,000	'
2015	3,384,000	'
2016	2,561,000	'
2017	2,306,000	'
2018	2,215,000	'
Thereafter	11,904,000	'
Unamortized intangible lease liabilities	$26,868,000	$30,502,000

Commitments_And_Contingencies_

Commitments And Contingencies (Details) (USD $)	12 Months Ended
Commitments And Contingencies (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Commitments And Contingencies [Abstract]	'	'	'
2014	$523,000	'	'
2015	537,000	'	'
2016	552,000	'	'
2017	567,000	'	'
2018	583,000	'	'
Thereafter	699,000	'	'
2014 - Adjustment	1,000,000	'	'
2015 - Adjustment	1,000,000	'	'
2016 - Adjustment	1,000,000	'	'
2017 - Adjustment	500,000	'	'
2018 - Adjustment	300,000	'	'
Thereafter - Adjustment	8,400,000	'	'
Rent expense	$1,400,000	$1,400,000	$1,300,000

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)

12 Months Ended

0 Months Ended

1 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Aug. 06, 2013

Dec. 31, 2002

Dec. 31, 2012

Feb. 12, 2013

Sep. 11, 2012

31-May-12

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Sep. 14, 2012

Mar. 11, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Jan. 27, 2014

Dec. 31, 2013

Jan. 27, 2014

Jan. 13, 2014

Mezzanine OP Units [Member]

Series B [Member]

Series A [Member]

Limited Partners' OP Units [Member]

Mezzanine OP Units [Member]

Subsequent Event [Member]

Series B [Member]

Common Stock [Member]

Class of Stock [Line Items]

OP units converted

3,000

1,134,000

564,000

Carrying value of OP Units reclassified to equity

$3,900,000

Shares issued in public offering

2,000,000

4,200,000

400,000

6,900,000

Dividend rate percentage

7.25%

8.88%

Public offering, per share

$24.58

$23.94

$23

Public offering, realized net proceeds, net offering expenses

47,600,000

96,800,000

8,600,000

Additional shares issued to underwriters

300,000

630,000

900,000

Net proceeds realized from issuance of additional shares to underwriters

7,100,000

14,500,000

41,300,000

ATM equity program, shares issued

221,000

199,000

At-the-market program, shares authorized

10,000,000

ATM equity program, weighted average price per share

$24.52

$23.23

ATM equity program, realized net proceeds, net offering expenses

5,200,000

4,600,000

Liquidation preference, per share

$25

Redemption price per share

$25

Shares of Redeemable Preferred Stock redeemed and purchased

1,408,000

4,992,000

Total cash outlay for Redeemable Preferred Stock shares redeemed and purchased

35,400,000

126,400,000

Preferred stock redemption costs

1,200,000

Preferred stock accrued dividends

1,600,000

Stock price as percentage of market value

100.00%

Remaining shares authorized under DRIP

2,852,000

Redemptions of OP Units, shares

32,000

30,000

Cash outlay for redeemed OP units

170,000

Issuance of OP Units in connection with a property acquisition

270,000

Number of OP units called by warrants

83,000

Warrant exercise price

$13.50

Proceeds from issuance of common stock

-64,000

-172,000

4,305,000

Common stock, dividends declared

$0.05

Preferred stock dividends declared

$0.45

Dividends payable, date declared

27-Jan-14

Dividends payable, date to be paid

20-Feb-14

Dividends payable, date of record

10-Feb-14

Accrued preferred stock dividends

$1,600,000

$1,700,000

Shareholders_Equity_Schedule_O

Shareholders' Equity (Schedule Of Dividends) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Shareholders Equity Disclosure [Line Items]	'	'	'
Common stock	$0.20	$0.20	$0.36
Series A [Member]	'	'	'
Shareholders Equity Disclosure [Line Items]	'	'	'
Cumulative Redeemable Preferred Stock	'	$2.22	$2.22
Dividend rate percentage	8.88%	8.88%	8.88%
Series B [Member]	'	'	'
Shareholders Equity Disclosure [Line Items]	'	'	'
Cumulative Redeemable Preferred Stock	$1.81	$0.91	'
Dividend rate percentage	7.25%	7.25%	7.25%

Revenues_Schedule_Of_Rent_Reve

Revenues (Schedule Of Rent Revenues) (Details) (USD $)	12 Months Ended
Revenues (Schedule Of Rent Revenues) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Base rents	$103,166,000	$96,897,000	$93,125,000
Percentage rent	804,000	1,001,000	985,000
Straight-line rents	1,387,000	930,000	1,084,000
Amortization of intangible lease liabilities	4,441,000	5,359,000	5,731,000
Total rents	109,798,000	104,187,000	100,925,000
Cedar/Rio Can Joint Venture [Member]	'	'	'
Lease termination income	'	$3,000,000	'

Revenues_Schedule_Of_Annual_Fu

Revenues (Schedule Of Annual Future Base Rents Due To Be Received Under Non-Cancelable Operating Leases) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Revenues [Abstract]	'	'	'
2014	$103,574,000	'	'
2015	94,377,000	'	'
2016	83,577,000	'	'
2017	71,808,000	'	'
2018	62,758,000	'	'
Thereafter	280,816,000	'	'
Future rents due to be received	696,910,000	'	'
Expense recoveries	$29,300,000	$26,500,000	$27,000,000

401k_Retirement_Plan_Details

401(k) Retirement Plan (Details) (USD $)	12 Months Ended
401(k) Retirement Plan (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
401(k) Retirement Plan [Abstract]	'	'	'
Retirement plan, employer contribution amount	$244,000	$253,000	$275,000

Management_Transition_Charges_1

Management Transition Charges And Employee Termination Costs (Details) (USD $)	1 Months Ended	12 Months Ended
	Jun. 30, 2011	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Management Transition Charges [Line Items]	'	'	'	'
Severance Costs	$3,700,000	'	'	'
Professional fees and expenses related to hiring a new Company President	1,200,000	'	'	'
Accelerated vestings	'	'	362,000	1,980,000
Management transition charges	'	106,000	1,172,000	6,875,000
RioCan Real Estate Investment Trust [Member]	'	'	'	'
Management Transition Charges [Line Items]	'	'	'	'
Severance Costs	'	$1,200,000	'	'

ShareBased_Compensation_Narrat

Share-Based Compensation (Narrative) (Details) (USD $)	1 Months Ended			12 Months Ended			13 Months Ended
Share-Based Compensation (Narrative) (Details) (USD $)	Jun. 30, 2011	Jan. 31, 2011	Jan. 31, 2010	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Maximum number of shares to be granted per year to a participant	'	'	'	500,000	'	'	'
Weighted-average grant date fair value per share	'	'	'	$5.65	$4.68	$5.40	'
Fair value of vested shares	$2,000,000	'	'	$1,863,000	$2,126,000	$5,507,000	'
Accelerated vestings	'	'	'	'	362,000	1,980,000	'
Number or grants vested	706,000	'	'	'	'	'	'
Vesting period	'	'3 years	'3 years	'	'	'	'
Grant date market price	'	'	'	'	'	$6.54	'
Shares previously designated as equity and liability awards	'	'	'	'	'	'	2,000,000
Performance-based grants	'	'	'	'	'	275,000	'
Remaining performance-based awards after accelerated vestings	'	63,000	'	'	'	'	'
2012 Plan [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Shares authorized under a Stock Incentive Plan	'	'	'	4,500,000	'	'	'
Maximum number of shares to be granted per year to a participant	'	'	'	500,000	'	'	'
Shares available for grant under a Stock Incentive Plan	'	'	'	1,800,000	'	'	'
Aggregate cost of awards not yet recognized	'	'	'	11,400,000	'	'	'
Unrecognized cost recognition period	'	'	'	'4 years	'	'	'
Accelerated vestings	'	'	'	'	$585,000	$3,569,000	'
Chief Executive Officer [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Shares issued	'	'	'	'	'	'	500,000
Shares granted to Company's President	2,500,000	'	'	'	'	'	'
Average annual TSR threshold	6.50%	'	'	'	'	'	'
Vesting period	'7 years	'	'	'	'	'	'
Appraisal value	$4.39	'	'	'	'	'	'
Grant date market price	$4.98	'	'	'	'	'	'
Shares accounted for as equity award	'	'	'	'	'	'	1,500,000
Shares accounted for as liability award	'	'	'	'	'	'	500,000
Time-Based Awards [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Number or grants vested	284,000	'	'	'	'	'	'
Performance-Based Awards [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Number or grants vested	422,000	'	'	'	'	'	'
Restricted Stock [Member] \| 2012 Plan [Member]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Shares issued	'	'	'	584,000	698,000	436,000	'
Weighted-average grant date fair value per share	'	'	'	$5.65	$4.75	$5.97	'

ShareBased_Compensation_Schedu

Share-Based Compensation (Schedule Of Share-Based Compensation Information) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Share-Based Compensation [Abstract]	'		'		'
Expense relating to share grants	$4,108,000	[1]	$3,903,000	[1]	$5,665,000	[1]
Adjustments to reflect changes in market price of Company's common stock	'		10,000		-775,000
Amounts capitalized	-407,000		-352,000		-387,000
Total charged to operations	3,701,000	[2]	3,561,000	[2]	4,503,000	[2]
Accelerated vestings	'		$362,000		$1,980,000
Unvested shares, December 31, 2012	3,515,000		'		'
Restricted share grants	584,000		'		'
Vested during period	-341,000		'		'
Forfeitures/cancellations	-68,000		'		'
Unvested shares, December 31, 2013	3,690,000		3,515,000		'
Unvested shares, December 31, 2012, weighted average grand date fair value	$4.83		'		'
Restricted share grants, weighted average grand date fair value	$5.65		$4.68		$5.40
Vested during period, weighted average grand date fair value	$5.53		'		'
Forfeitures/cancellations, weighted average grand date fair value	$5.17		'		'
Unvested shares, December 31, 2013, weighted average grand date fair value	$4.89		$4.83		'

[1]	The 2012 and 2011 amounts include expense relating to equity and liability awards, as discussed below.
[2]	The 2012 and 2011 amounts include $362,000 and $1,980,000, respectively, applicable to accelerated vestings that are included in management transition charges and employee termination costs.

ShareBased_Compensation_Summar

Share-Based Compensation (Summary Of Information Relating To Performance-Based Grants) (Details) (USD $)	12 Months Ended
	Dec. 31, 2011
Performance-Based Awards Disclosure [Line Items]	'
Grant year	'2011
Shares granted	275,000
Grant date market price	$6.54
Absolute TSR [Member]	'
Performance-Based Awards Disclosure [Line Items]	'
Portion of grant	50.00%
Annual average return	8.00%
Appraisal value	$4.40
Relative TSR [Member]	'
Performance-Based Awards Disclosure [Line Items]	'
Portion of grant	50.00%
Appraisal value	$5.91

Noncontrolling_Interest_Limite1

Noncontrolling Interest - Limited Partners' Mezzanine OP Units (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units [Abstract]	'	'
Balance, beginning of year	$623,000	$4,616,000
Net (loss) income	-2,000	9,000
Total other comprehensive (loss) income	-2,000	9,000
Distributions	-14,000	-25,000
Conversions of OP Units into common stock	'	-3,897,000
Redemptions of OP Units	-160,000	'
Reallocation adjustment of limited partners' interest	-33,000	-80,000
Balance, end of year	$414,000	$623,000

Earnings_Per_Share_Details

Earnings Per Share (Details)	12 Months Ended
Earnings Per Share (Details)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Earnings Per Share [Abstract]	'	'	'
Weighted average nonvested restricted shares outstanding	3,800,000	3,300,000	2,300,000
Weighted average number of OP units outstanding	297,000	459,000	1,415,000

Earnings_Per_Share_Schedule_of

Earnings Per Share (Schedule of Calculation of Numerator and Denominator in Earnings Per Share) (Details) (USD $)

3 Months Ended

12 Months Ended

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Earnings Per Share [Abstract]

Income (loss) from continuing operations

$5,037,000

$23,836,000

($28,139,000)

Preferred stock dividends

-14,413,000

-14,819,000

-14,200,000

Preferred stock redemption costs

-1,166,000

-4,998,000

Net loss attributable to noncontrolling interests

-5,802,000

-62,000

-4,486,000

-3,852,000

-30,690,000

-2,298,000

-5,895,000

4,868,000

247,000

375,000

920,000

Net earnings allocated to unvested shares

-758,000

-806,000

-810,000

(Loss) income from continuing operations attribtuable to common shareholders

-11,053,000

3,588,000

-42,229,000

Results from discontinued operations, net of noncontrolling interests

9,164,000

5,495,000

-76,342,000

Net (loss) income attributable to common shareholders, basic and diluted

($1,889,000)

$9,083,000

($118,571,000)

Weighted average number of vested common shares outstanding

68,381,000

68,017,000

66,387,000

Continuing operations

($0.16)

$0.05

($0.64)

Discontinued operations

$0.13

$0.08

($1.15)

(Loss) earnings per common share, basic and fully diluted

$0.03

[1]

($0.05)

[1]

$0.01

[1]

($0.02)

[1]

$0.31

[1]

($0.07)

[1]

$0.01

[1]

($0.14)

[1]

($0.03)

$0.13

($1.79)

[1]

Differences between the sum of the four quarterly per share amounts and the annual per share amounts are attributable to the effect of the weighted average outstanding share calculations for the respective periods.

Selected_Quarterly_Financial_D2

Selected Quarterly Financial Data (Details) (USD $)	3 Months Ended																12 Months Ended
Selected Quarterly Financial Data (Details) (USD $)	Dec. 31, 2013		Sep. 30, 2013		Jun. 30, 2013		Mar. 31, 2013		Dec. 31, 2012		Sep. 30, 2012		Jun. 30, 2012		Mar. 31, 2012		Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Selected Quarterly Financial Data [Abstract]	'		'		'		'		'		'		'		'		'	'	'
Revenues	'		'		'		'		'		'		'		'		$138,824,000	$135,726,000	$129,988,000
Revenues as previously reported	35,166,000		35,438,000		35,371,000		36,963,000		35,813,000		33,489,000		36,898,000		34,384,000		'	'	'
Revenues from discontinued operations and reclassifications	'		-1,260,000	[1]	-1,450,000	[1]	-1,404,000	[1]	-1,266,000	[1]	-1,200,000	[1]	-1,227,000	[1]	-1,165,000	[1]	'	'	'
Revenues	35,166,000		34,178,000		33,921,000		35,559,000		34,547,000		32,289,000		35,671,000		33,219,000		'	'	'
Net (loss) income	5,802,000		62,000		4,486,000		3,852,000		30,690,000		2,298,000		5,895,000		-4,868,000		-247,000	-375,000	-920,000
Net (loss) income attributable to common shareholders	$2,283,000		($3,479,000)		$977,000		($912,000)		$22,292,000		($4,299,000)		$1,236,000		($9,340,000)		($1,131,000)	$9,889,000	($117,761,000)
Per common share attributable to common shareholders (basic and diluted)	$0.03	[2]	($0.05)	[2]	$0.01	[2]	($0.02)	[2]	$0.31	[2]	($0.07)	[2]	$0.01	[2]	($0.14)	[2]	($0.03)	$0.13	($1.79)

[1]	Represents revenues from discontinued operations which were included in revenues as previously reported.
[2]	Differences between the sum of the four quarterly per share amounts and the annual per share amounts are attributable to the effect of the weighted average outstanding share calculations for the respective periods.

Schedule_III_Real_Estate_And_A1

Schedule III - Real Estate And Accumulated Depreciation (Details) (USD $)

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

property

Minimum [Member]

Maximum [Member]

Academy Plaza [Member]

Annie Land Plaza [Member]

Big Y Shopping Center [Member]

Camp Hill [Member]

Carbondale Plaza [Member]

Carll's Corner [Member]

Carmans Plaza [Member]

Circle Plaza [Member]

Coliseum Marketplace [Member]

Colonial Commons [Member]

Crossroads II [Member]

Elmhurst Square [Member]

Fairview Commons [Member]

Fairview Plaza [Member]

Fieldstone Marketplace [Member]

Fort Washington [Member]

Franklin Village Plaza [Member]

Fredericksburg Way [Member]

General Booth Plaza [Member]

Gold Star Plaza [Member]

Golden Triangle [Member]

Groton Shopping Center [Member]

Halifax Plaza [Member]

Hamburg Square [Member]

Jordan Lane [Member]

Kempsville Crossing [Member]

Kenley Village [Member]

Kings Plaza [Member]

Liberty Marketplace [Member]

Martins's at Glen Allen [Member]

Meadows Marketplace [Member]

Mechanicsburg Giant [Member]

Metro Square [Member]

Newport Plaza [Member]

New London Mall [Member]

Northside Commons [Member]

Norwood Shopping Center [Member]

Oak Ridge [Member]

Oakland Commons [Member]

Oakland Mills [Member]

Palmyra Shopping Center [Member]

Pine Grove Plaza [Member]

Port Richmond Village [Member]

Price Chopper Plaza [Member]

River View Plaza [Member]

San Souci Plaza [Member]

Smithfield Plaza [Member]

South Philadelphia [Member]

Southington Shopping Center [Member]

St. James Square [Member]

Suffolk Plaza [Member]

Swede Square [Member]

The Brickyard [Member]

The Commons [Member]

The Point [Member]

The Shops at Suffolk Downs [Member]

Timpany Plaza [Member]

Trexler Mall [Member]

Trexlertown Plaza [Member]

Valley Plaza [Member]

Virginia Little Creek [Member]

Washington Center Shoppes [Member]

West Bridgewater Plaza [Member]

Upland Square [Member]

Yorktowne Plaza [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

property

Minimum [Member]

Maximum [Member]

Real Estate and Accumulated Depreciation [Line Items]

State

'PA

'VA

'CT

'PA

'NJ

'NY

'PA

'VA

'PA

'VA

'PA

'MA

'PA

'MA

'VA

'PA

'CT

'PA

'CT

'VA

'MD

'MA

'PA

'VA

'PA

'MD

'PA

'CT

'PA

'MA

'VA

'CT

'MD

'PA

'NJ

'PA

'MA

'PA

'MD

'VA

'PA

'CT

'MD

'VA

'PA

'CT

'PA

'MA

'PA

'MD

'VA

'NJ

'MA

'PA

'MD

Year acquired

'2001

'2006

'2013

'2002

'2004

'2007

'2005

'2011

'2008

'2006

'2007

'2003

'2005

'2012

'2002

'2004

'2012

'2005

'2006

'2003

'2007

'2003

'2004

'2005

'2007

'2005

'2004

'2012

'2005

'2008

'2003

'2009

'2008

'2006

'2007

'2005

'2003

'2001

'2007

'2003

'2009

'2005

'2008

'2003

'2005

'2003

'2004

'2000

'2005

'2007

'2005

'2006

'2003

'2005

'2001

'2007

'2013

'2007

Percent Owned

100.00%

60.00%

100.00%

40.00%

100.00%

40.00%

100.00%

Year built/Year last renovated

'1965

'2013

'1999

'1958

'2005

'1972

'2010

'1960

'1999

'1954

'2007

'1979

'1991

'1987

'2012

'2011

'2013

'2009

'1961

'1983

'1976

'2003

'1992

'2005

'1988

'2003

'1987

'2005

'1985

'1988

'1960

'2005

'1969

'1994

'1993

'2010

'1969

'1991

'1985

'2013

'1988

'1970

'1994

'2003

'2000

'2005

'2003

'1999

'1996

'1967

'1997

'2009

'1965

'2013

'2000

'1962

'2013

'1960

'2004

'1960

'2012

'2001

'2002

'1988

'1960

'2004

'1991

'1998

'1985

'1997

'1987

'1996

'1950

'2003

'1972

'2000

'1984

'1980

'2012

'1990

'2012

'2003

'1972

'2008

'2005

'2011

'1970

'1989

'1973

'2013

'1990

'2011

'1975

'1994

'1996

'2001

'1979

'1995

'1970

'2007

'2009

'1970

'2000

Gross Leasable Area

9,390,558

137,592

42,500

101,105

470,117

120,689

129,582

194,082

92,171

105,998

461,905

133,717

66,250

42,314

71,979

193,970

41,000

303,461

63,000

71,639

71,720

202,943

117,186

51,510

99,580

177,504

79,209

51,894

168,243

68,200

63,328

91,518

51,500

71,896

64,489

259,566

69,136

102,459

38,700

90,100

58,224

111,051

86,089

154,908

101,824

226,786

264,134

134,664

283,415

155,842

39,903

67,216

100,816

237,596

203,426

268,037

121,320

183,775

339,279

313,929

190,939

69,620

157,394

133,039

394,598

158,982

Initial cost to the Company, Land

$292,513,000

$2,406,000

$809,000

$11,272,000

$4,460,000

$1,586,000

$3,034,000

$8,539,000

$561,000

$2,924,000

$9,367,000

$15,383,000

$1,371,000

$858,000

$2,128,000

$5,229,000

$2,462,000

$14,270,000

$3,213,000

$1,935,000

$1,644,000

$2,320,000

$3,070,000

$1,412,000

$1,153,000

$4,291,000

$2,207,000

$726,000

$2,413,000

$2,665,000

$6,769,000

$1,914,000

$2,709,000

$3,121,000

$1,721,000

$14,891,000

$3,332,000

$1,874,000

$960,000

$2,504,000

$1,611,000

$1,488,000

$2,010,000

$2,942,000

$3,551,000

$9,718,000

$14,849,000

$2,947,000

$8,222,000

$688,000

$1,402,000

$2,268,000

$7,632,000

$3,098,000

$2,700,000

$7,580,000

$3,412,000

$6,932,000

$13,349,000

$1,950,000

$1,650,000

$2,061,000

$2,823,000

$28,187,000

$5,940,000

Initial cost to the Company, Building and Improvements

869,482,000

9,623,000

4,015,000

23,395,000

17,857,000

7,289,000

15,293,000

35,804,000

2,884,000

14,416,000

37,496,000

5,994,000

3,568,000

8,483,000

21,440,000

61,915,000

12,758,000

9,493,000

6,519,000

9,713,000

12,320,000

5,799,000

4,678,000

21,176,000

11,000,000

3,512,000

12,604,000

12,639,000

683,000

12,159,000

12,341,000

7,758,000

24,967,000

8,453,000

4,254,000

15,662,000

6,292,000

6,566,000

6,489,000

11,769,000

18,412,000

40,356,000

18,445,000

12,737,000

36,314,000

11,834,000

3,838,000

7,236,000

6,232,000

29,308,000

14,047,000

10,800,000

11,089,000

19,240,000

32,815,000

23,867,000

7,766,000

8,350,000

7,314,000

14,901,000

25,505,000

Subsequent cost capitalized

277,859,000

3,559,000

219,000

43,617,000

5,514,000

-1,067,000

-321,000

103,000

5,355,000

2,188,000

28,679,000

513,000

3,000

337,000

611,000

5,176,000

593,000

301,000

363,000

9,926,000

385,000

246,000

5,403,000

1,227,000

-4,113,000

295,000

351,000

348,000

3,000

11,406,000

-301,000

379,000

1,139,000

10,008,000

1,271,000

28,000

-233,000

40,000

1,386,000

314,000

1,097,000

-477,000

4,629,000

1,839,000

758,000

2,723,000

175,000

661,000

23,000

5,679,000

-2,740,000

2,884,000

14,556,000

9,126,000

947,000

6,127,000

23,470,000

1,008,000

12,000

3,887,000

-818,000

66,768,000

274,000

Gross carrying amount of Land

286,518,000

2,406,000

809,000

11,272,000

4,424,000

1,586,000

2,898,000

8,421,000

546,000

3,586,000

9,367,000

17,671,000

1,371,000

858,000

2,129,000

5,167,000

2,462,000

14,681,000

3,213,000

1,935,000

1,644,000

2,320,000

3,073,000

1,347,000

1,153,000

4,291,000

2,207,000

726,000

2,408,000

2,695,000

5,367,000

1,914,000

2,709,000

5,250,000

1,682,000

8,807,000

3,379,000

1,874,000

960,000

2,504,000

1,611,000

1,488,000

2,010,000

2,843,000

4,082,000

9,718,000

13,406,000

2,919,000

8,222,000

688,000

1,402,000

2,272,000

7,648,000

3,098,000

2,996,000

7,580,000

3,368,000

6,932,000

13,351,000

1,950,000

1,639,000

2,000,000

2,596,000

25,783,000

5,804,000

Gross carrying amount of building and improvements

1,153,336,000

13,182,000

4,234,000

23,395,000

61,510,000

12,803,000

14,362,000

35,601,000

3,002,000

19,109,000

39,684,000

26,391,000

6,507,000

3,571,000

8,819,000

22,113,000

5,176,000

62,097,000

12,758,000

9,794,000

6,882,000

19,639,000

12,702,000

6,110,000

10,081,000

22,403,000

6,887,000

3,807,000

12,960,000

12,957,000

2,088,000

11,406,000

12,159,000

9,911,000

8,176,000

32,190,000

9,961,000

9,724,000

4,282,000

15,429,000

6,332,000

7,952,000

6,803,000

12,965,000

17,404,000

44,985,000

21,727,000

13,523,000

39,037,000

12,009,000

4,499,000

7,259,000

11,907,000

26,552,000

16,931,000

25,060,000

20,215,000

20,231,000

38,942,000

47,335,000

8,774,000

8,373,000

11,262,000

14,310,000

69,172,000

25,915,000

Total Gross carrying amount of land and buildings and improvements, Total

1,439,854,000

15,588,000

5,043,000

34,667,000

65,934,000

14,389,000

17,260,000

44,022,000

3,548,000

22,695,000

49,051,000

44,062,000

7,878,000

4,429,000

10,948,000

27,280,000

7,638,000

76,778,000

15,971,000

11,729,000

8,526,000

21,959,000

15,775,000

7,457,000

11,234,000

26,694,000

9,094,000

4,533,000

15,368,000

15,652,000

7,455,000

13,320,000

14,868,000

15,161,000

9,858,000

40,997,000

13,340,000

11,598,000

5,242,000

17,933,000

7,943,000

9,440,000

8,813,000

15,808,000

21,486,000

54,703,000

35,133,000

16,442,000

47,259,000

12,009,000

5,187,000

8,661,000

14,179,000

34,200,000

20,029,000

28,056,000

27,795,000

23,599,000

45,874,000

60,686,000

10,724,000

10,012,000

13,262,000

16,906,000

94,955,000

31,719,000

Accumulated Depreciation

251,605,000

3,695,000

1,050,000

103,000

14,651,000

3,605,000

3,163,000

7,362,000

515,000

4,810,000

5,120,000

2,920,000

1,628,000

875,000

2,639,000

5,775,000

1,538,000

3,209,000

3,013,000

3,112,000

1,811,000

6,297,000

2,982,000

1,725,000

2,312,000

5,844,000

3,745,000

1,284,000

2,931,000

3,187,000

598,000

2,276,000

2,803,000

1,618,000

2,179,000

7,151,000

1,064,000

2,419,000

952,000

3,355,000

1,872,000

2,094,000

1,792,000

4,105,000

3,431,000

12,139,000

6,647,000

3,295,000

12,412,000

3,097,000

1,519,000

2,555,000

3,915,000

7,771,000

4,883,000

7,226,000

3,731,000

4,014,000

8,763,000

6,085,000

2,437,000

2,713,000

3,754,000

2,933,000

7,303,000

5,803,000

Amount of Encumbrance

516,292,000

63,382,000

33,437,000

11,142,000

26,784,000

3,723,000

17,093,000

43,206,000

1,551,000

19,697,000

11,160,000

4,833,000

12,125,000

7,231,000

8,265,000

9,633,000

8,425,000

8,272,000

26,990,000

3,231,000

4,559,000

5,329,000

27,200,000

6,660,000

5,339,000

10,159,000

29,492,000

19,655,000

324,000

10,401,000

58,085,000

18,909,000

Building and improvements estimated useful life

'3 years

'40 years

Secured credit facilities

$156,000,000

Schedule_III_Real_Estate_And_A2

Schedule III - Real Estate And Accumulated Depreciation (Changes In Real Estate And Accumulated Depreciation) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Real estate balance, beginning of the year	$1,413,402,000	[1]	$1,316,927,000	[1]	$1,237,068,000	[1]
Property acquired	34,666,000	[1]	76,185,000	[1]	46,863,000	[1]
Land parcel sold	-1,351,000	[1]	'		'
Improvements and betterments	12,133,000	[1]	20,389,000	[1]	33,164,000	[1]
Write-off fully-depreciated assets	-18,996,000	[1]	-99,000	[1]	-168,000	[1]
Real estate balance, end of the year	1,439,854,000	[1],[2]	1,413,402,000	[1]	1,316,927,000	[1]
Accumulated depreciation balance, beginning of the year	229,535,000	[1]	189,608,000	[1]	151,008,000	[1]
Depreciation expense	41,066,000	[1],[3]	40,026,000	[1],[3]	38,768,000	[1],[3]
Write-off of fully-depreciated assets	-18,996,000	[1]	-99,000	[1]	-168,000	[1]
Accumulated depreciation balance end of the year	251,605,000	[1]	229,535,000	[1]	189,608,000	[1]
Net book value	1,188,249,000	[1]	1,183,867,000	[1]	1,127,319,000	[1]
Difference between recorded cost of real estate and cost for federal tax purposes	$4,500,000		'		'
Minimum [Member]	'		'		'
Estimated useful life of buildings and improvements	'3 years		'		'
Maximum [Member]	'		'		'
Estimated useful life of buildings and improvements	'40 years		'		'

[1]	Restated to reflect the reclassifications of properties to "real estate held for sale/conveyance" during 2013.
[2]	At December 31, 2013, the aggregate cost for federal income tax purposes was approximately $4.5 million less than the Company's recorded values.
[3]	Depreciation is provided over the estimated useful lives of the buildings and improvements, which range from 3 to 40 years.