Cedar Realty Trust (CDR-PB) 10-K 20 Feb 15 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Feb. 13, 2015	Jun. 30, 2014
Document And Entity Information [Abstract]
Document type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2014
Entity Registrant Name	CEDAR REALTY TRUST, INC.
Entity Central Index Key	761648
Current Fiscal Year End Date	-19
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$471,117,000
Entity Common Stock, Shares Outstanding		84,927,523

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Land	$312,868,000	$288,864,000
Buildings and improvements	1,163,305,000	1,162,087,000
Real estate, gross	1,476,173,000	1,450,951,000
Less accumulated depreciation	-267,211,000	-251,605,000
Real estate, net	1,208,962,000	1,199,346,000
Real estate held for sale/conveyance	16,508,000	70,757,000
Cash and cash equivalents	3,499,000	3,973,000
Restricted cash	7,859,000	11,063,000
Receivables	18,405,000	18,492,000
Other assets and deferred charges, net	31,546,000	28,295,000
TOTAL ASSETS	1,286,779,000	1,331,926,000
LIABILITIES AND EQUITY
Mortgage loans payable	393,388,000	516,292,000
Mortgage loans payable - real estate held for sale/conveyance		22,848,000
Unsecured revolving credit facility	72,000,000	153,500,000
Unsecured term loans	200,000,000	50,000,000
Accounts payable and accrued liabilities	22,364,000	22,666,000
Unamortized intangible lease liabilities	23,776,000	26,868,000
Unamortized intangible lease liabilities - real estate held for sale/conveyance		4,104,000
Total liabilities	711,528,000	796,278,000
Noncontrolling interest - limited partners' mezzanine OP Units	396,000	414,000
Commitments and contingencies
Equity:
Common stock ($.06 par value, 150,000,000 shares authorized, 79,213,000 and 72,200,000 shares, issued and outstanding, respectively)	4,753,000	4,332,000
Treasury stock (3,344,000 and 3,514,000 shares, respectively, at cost)	-18,803,000	-20,191,000
Additional paid-in capital	791,174,000	747,997,000
Cumulative distributions in excess of net income	-395,087,000	-393,819,000
Accumulated other comprehensive loss	-3,146,000	-1,303,000
Total Cedar Realty Trust, Inc. shareholders' equity	569,552,000	527,677,000
Noncontrolling interests:
Minority interests in consolidated joint ventures	2,872,000	4,202,000
Limited partners' OP Units	2,431,000	3,355,000
Total noncontrolling interests	5,303,000	7,557,000
Total equity	574,855,000	535,234,000
TOTAL LIABILITIES AND EQUITY	1,286,779,000	1,331,926,000
Series B [Member]
Equity:
Preferred stock	$190,661,000	$190,661,000

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
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	79,213,000	72,200,000
Common stock, shares outstanding	79,213,000	72,200,000
Treasury stock, shares	3,344,000	3,514,000
Series B [Member]
Liquidation preference, per share	$25	$25
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	7,950,000	7,950,000
Preferred stock, shares outstanding	7,950,000	7,950,000

Consolidated_Statements_Of_Ope

Consolidated Statements Of Operations (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
REVENUES
Rents	$116,505,000	$110,353,000	$104,187,000
Expense recoveries	31,392,000	28,691,000	25,518,000
Other	287,000	554,000	6,021,000
Total revenues	148,184,000	139,598,000	135,726,000
EXPENSES
Operating, maintenance and management	26,604,000	24,418,000	22,343,000
Real estate and other property-related taxes	18,182,000	17,901,000	17,044,000
General and administrative	14,356,000	13,980,000	14,277,000
Employee termination costs		106,000	1,172,000
Acquisition costs	2,870,000	182,000	116,000
Depreciation and amortization	38,700,000	44,405,000	43,289,000
Total expenses	100,712,000	100,992,000	98,241,000
OTHER
Gain on sales	-6,413,000	-609,000	-997,000
Impairment charges/(reversal), net	3,148,000	-172,000	5,499,000
Total other	-3,265,000	-781,000	4,502,000
OPERATING INCOME	50,737,000	39,387,000	32,983,000
NON-OPERATING INCOME AND EXPENSES
Interest expense	-32,301,000	-34,762,000	-38,289,000
Early extinguishment of debt costs	-825,000	-106,000	-2,607,000
Equity in income of unconsolidated joint ventures			1,481,000
Gain on exit from unconsolidated joint ventures			30,526,000
Total non-operating income and expense	-33,126,000	-34,868,000	-8,889,000
INCOME FROM CONTINUING OPERATIONS	17,611,000	4,519,000	24,094,000
DISCONTINUED OPERATIONS
Income from operations	1,647,000	2,280,000	5,526,000
Impairment reversals (charges), net	47,000	-3,049,000	-284,000
Gain on extinguishment of debt obligations	1,423,000	10,452,000
Gain on sales	7,963,000		4,679,000
Total income from discontinued operations	11,080,000	9,683,000	9,921,000
NET INCOME	28,691,000	14,202,000	34,015,000
Less, net loss (income) attributable to noncontrolling interests:
Minority interests in consolidated joint ventures	370,000	247,000	-4,335,000
Limited partners' interest in Operating Partnership	-80,000	-1,000	26,000
Total net loss (income) attributable to noncontrolling interests	290,000	246,000	-4,309,000
NET INCOME ATTRIBUTABLE TO CEDAR REALTY TRUST, INC.	28,981,000	14,448,000	29,706,000
Preferred stock dividends	-14,408,000	-14,413,000	-14,819,000
Preferred stock redemption costs		-1,166,000	-4,998,000
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	$14,573,000	($1,131,000)	$9,889,000
NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS (BASIC AND DILUTED)
Continuing operations	$0.04	($0.17)	$0.05
Discontinued operations	$0.14	$0.14	$0.08
Net income (loss) per common share attributable to common shareholders (basic and diluted)	$0.18	($0.03)	$0.13
Weighted average number of common shares - basic and diluted	75,311,000	68,381,000	68,017,000

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$28,691,000	$14,202,000	$34,015,000
Other comprehensive income - unrealized (loss) gain on change in fair value of cash flow hedges:
Consolidated	-1,858,000	1,260,000	836,000
Unconsolidated			118,000
Comprehensive income	26,833,000	15,462,000	34,969,000
Comprehensive loss (income) attributable to noncontrolling interests	305,000	243,000	-4,309,000
Comprehensive income attributable to Cedar Realty Trust, Inc.	$27,138,000	$15,705,000	$30,660,000

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]	Noncontrolling Interests [Member]	Limited Partners' Interest In Operating Partnership [Member]	Total
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	$61,929,000	$5,418,000	$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	4,300,000	-35,000	34,006,000
Unrealized (loss) on change in fair value of cash flow hedges						835,000	835,000		1,000	1,000	836,000
Unrealized gain 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 sales of Series B shares	128,787,000			-4,417,000			124,370,000				124,370,000
Net proceeds from the sales of Series B 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	-4,256,000	-74,000	-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	7,471,000	1,390,000	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	-244,000	3,000	14,204,000
Unrealized (loss) on change in fair value of cash flow hedges						1,257,000	1,257,000		3,000	3,000	1,260,000
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 sales of Series B shares	61,874,000			-2,025,000			59,849,000				59,849,000
Net proceeds from the sales of Series B 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	-703,000	-38,000	-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	7,557,000	3,355,000	535,234,000
Balance, shares at Dec. 31, 2013	7,950,000	72,200,000
Net income (loss)					28,981,000		28,981,000	-370,000	-301,000	69,000	28,680,000
Unrealized (loss) on change in fair value of cash flow hedges						-1,843,000	-1,843,000		-13,000	-13,000	-1,856,000
Share-based compensation, net		4,000	1,388,000	1,947,000			3,339,000				3,339,000
Share-based compensation, net, shares		60,000
Common stock sales and issuance expenses, net		414,000		40,749,000			41,163,000				41,163,000
Common stock sales and issuance expenses, net, shares		6,902,000
Preferred stock dividends					-14,408,000		-14,408,000				-14,408,000
Distributions to common shareholders/ noncontrolling interests					-15,841,000		-15,841,000	-960,000	-1,034,000	-74,000	-16,875,000
Conversions of OP Units into common stock		3,000		368,000			371,000		-371,000	-371,000
Conversions of OP Units into common stock, shares		51,000
Redemptions of OP Units									-437,000	-437,000	-437,000
Reallocation adjustment of limited partners' interest				113,000			113,000		-98,000	-98,000	15,000
Balance at Dec. 31, 2014	$190,661,000	$4,753,000	($18,803,000)	$791,174,000	($395,087,000)	($3,146,000)	$569,552,000	$2,872,000	$5,303,000	$2,431,000	$574,855,000
Balance, shares at Dec. 31, 2014	7,950,000	79,213,000

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
OPERATING ACTIVITIES
Net income	$28,691,000	$14,202,000	$34,015,000
Adjustments to reconcile net income to net cash provided by operating activities:
Impairment charges	3,101,000	2,877,000	5,783,000
Gain on extinguishment of debt obligations	-1,423,000	-10,452,000
Gain on sales	-14,376,000	-609,000	-5,676,000
Straight-line rents	-761,000	-1,481,000	-997,000
Provision for doubtful accounts	1,985,000	1,572,000	2,826,000
Depreciation and amortization	38,700,000	45,663,000	44,674,000
Amortization of intangible lease liabilities	-4,322,000	-4,446,000	-5,364,000
Expense relating to share-based compensation, net	3,531,000	3,701,000	3,561,000
Amortization (including accelerated write-off) of deferred financing costs	2,158,000	2,162,000	4,875,000
Equity in income of unconsolidated joint ventures			-1,481,000
Distributions from unconsolidated joint ventures			1,481,000
Gain on exit from unconsolidated joint ventures			-30,526,000
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Rents and other receivables, net	-2,989,000	-1,606,000	-307,000
Prepaid expenses and other	-2,460,000	-2,696,000	-195,000
Accounts payable and accrued liabilities	-950,000	607,000	-2,307,000
Net cash provided by operating activities	50,885,000	49,494,000	50,362,000
INVESTING ACTIVITIES
Acquisitions of real estate	-38,861,000	-32,818,000
Expenditures for real estate and improvements	-16,254,000	-20,288,000	-31,271,000
Net proceeds from sales of real estate	102,124,000	34,713,000	34,858,000
Net proceeds from exit from unconsolidated joint venture			41,551,000
Distributions of capital from unconsolidated joint venture			2,846,000
Repayment of note receivable		1,100,000
Construction escrows and other	2,107,000	2,221,000	2,356,000
Net cash provided (used) by investing activities	49,116,000	-15,072,000	50,340,000
FINANCING ACTIVITIES
Repayments under revolving credit facility	-231,500,000	-105,000,000	-437,439,000
Advances under revolving credit facility	150,000,000	177,500,000	352,122,000
Advances under term loans	150,000,000	50,000,000	75,000,000
Repayment under term loan		-75,000,000
Proceeds from mortgage financings			30,000,000
Mortgage repayments	-177,094,000	-77,069,000	-79,637,000
Payments of debt financing costs	-1,312,000	-1,893,000	-4,944,000
Noncontrolling interests:
Purchase of joint venture minority interests share		-1,552,000	-6,148,000
Distributions to consolidated joint venture minority interests	-960,000	-665,000	-4,182,000
Distributions to limited partners	-86,000	-52,000	-99,000
Redemptions of OP Units	-437,000	-170,000
Common stock sales less issuance expenses, net	41,163,000	-64,000	-172,000
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	-14,408,000	-14,429,000	-14,782,000
Distributions to common shareholders	-15,841,000	-14,434,000	-14,402,000
Net cash (used in) financing activities	-100,475,000	-37,971,000	-105,250,000
Net (decrease) in cash and cash equivalents	-474,000	-3,549,000	-4,548,000
Cash and cash equivalents at beginning of year	3,973,000	7,522,000	12,070,000
Cash and cash equivalents at end of year	$3,499,000	$3,973,000	$7,522,000

Business_And_Organization

Business And Organization	12 Months Ended
	Dec. 31, 2014
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, 2014, the Company owned and managed a portfolio of 59 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, 2014, the Company owned a 99.5% economic interest in, and was the sole general partner of, the Operating Partnership. The limited partners’ interest in the Operating Partnership (0.5% at December 31, 2014) 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 393,000 OP Units outstanding at December 31, 2014 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, 2014
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) does not require its partners to fund additional capital requirements, (3) has an economic interest greater than its voting proportion and (4) participates in the management activities that significantly impact the performance of the joint venture. At December 31, 2014, this VIE owned real estate with a carrying value of $40.5 million and no mortgage loan payable.
	With respect to its two other consolidated joint venture properties at December 31, 2014 (New London Mall and San Souci Plaza), the Company is the general partner and has a partnership interest of 40% in each. As such entities are not VIEs, and 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. On January 23, 2015, the Company acquired the New London joint venture’s 60% ownership interest, giving the Company a 100% ownership interest in this property. The purchase price was $27.3 million, consisting of $10.9 million in cash, and $16.4 million representing the 60% share of the in-place mortgage financing.
	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 – “Discontinued Operations”) 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) did not require its partners to fund additional capital requirements, (3) had an economic interest greater than its voting proportion, and (4) participated in the management activities that significantly impacted the performance of the joint venture.
	The Company also had a 20% interest in the Cedar/RioCan joint venture, which 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 – “Discontinued Operations”), the Company was the general partner and had partnership interests of 20% in each of the venture’s nine properties. As (1) such entities were 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.
	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 reclassifications of prior period amounts relating primarily to one operating property previously classified as discontinued operations that was determined in 2014 to be treated as continuing operations. Accordingly, applicable amounts have been reclassified from “real estate held for sale/conveyance” to “real estate held for use” on the prior-year consolidated balance sheet, and from “discontinued operations” to “continuing operations” on all prior years’ consolidated statements of 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 $35.0 million, $41.1 million and $40.0 million for 2014, 2013 and 2012, 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 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 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 2014, 2013 and 2012.
	Properties Held For Sale/Conveyance
	In accordance with the newly-adopted guidance for reporting discontinued operations (see below), the carrying values of the assets and liabilities of properties determined to be held for sale/conveyance, 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), are reclassified as “held for sale/conveyance” on the Company’s consolidated balance sheets at the time such determinations are made, on a prospective basis only. In addition, the Company anticipates that sales of all such properties remaining classified as “held for sale/conveyance” at the balance sheet date will be concluded within one year from such date .
	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 (see 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 determination to  dispose of properties, which are subsequently reclassified to “held for sale/conveyance”, the Company performs 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 reflects 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.
	Cash and Cash Equivalents / Restricted Cash
	Cash and cash equivalents consist of cash in banks and short-term investments with original maturities when purchased of less than ninety days, and include cash at consolidated joint ventures of $0.8 million and $1.5 million at December 31, 2014 and 2013, 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 $4.3 million and $5.1 million at December 31, 2014 and 2013, respectively. The provision for doubtful accounts (included in operating, maintenance and management expenses) was $1.9 million, $1.8 million and $1.9 million in 2014, 2013 and 2012, 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, 2014, 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 states 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, 2014, there have been no cumulative net adjustments recorded to the carrying amounts of the mezzanine OP Units.
	Share-Based Compensation
	The Company’s 2012 Stock Incentive Plan (the “2012 Plan”) establishes the procedures for the granting of, among other things, restricted stock awards. 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 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 are being expensed on a straight-line basis over their 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, those grants of restricted shares that are contributed to the Rabbi Trusts are classified as treasury stock on the Company’s consolidated balance sheet.
	Supplemental Consolidated Statements of Cash Flows Information
			Years ended
			2014		2013	2012
	Supplemental disclosure of cash activities:
	Cash paid for interest		$           32,275,000		$           36,114,000	$           43,663,000
	Supplemental disclosure of non-cash activities:
	Capitalization of interest and financing costs		757,000		915,000	1,314,000
	Mortgage loans payable assumed upon acquisition		-53,439,000		-	-
	Mortgage loans payable assumed by buyer		15,557,000		-	76,632,000
	Conversions of OP Units into common stock		371,000		24,000	7,895,000
	Issuance of OP Units in connection with a property acquisition		-		-1,500,000	-
	Deed-in-lieu of foreclosure of properties:
	Real estate transferred		-6,238,000		-4,724,000	-
	Mortgage loans payable and related obligations settled		7,661,000		13,878,000	-
	Acquisition of noncontrolling interests in consolidated joint venture properties		-		-	7,595,000
	Disposition of noncontrolling interests in consolidated joint venture properties		-		-	-36,840,000
	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
	Recently-Issued Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued guidance which amends the requirements for reporting discontinued operations. Under the amended guidance, a disposal of an individual property or group of properties is required to be reported in “discontinued operations” only if the disposal represents a strategic shift that has, or will have, a major effect on the Company’s operations and financial results. The amended guidance also requires additional disclosures about both discontinued operations and the disposal of an individually significant component of an entity that does not qualify for discontinued operations presentation in the financial statements. The Company has adopted the provisions of this guidance as of January 1, 2014, and has applied the provisions prospectively. The results of operations for properties classified as “held for sale/conveyance” prior to the adoption of this guidance will continue to be reported as “discontinued operations” in the consolidated statements of operations.
	In May 2014, the FASB issued guidance which amends the accounting for revenue recognition. Under the amended guidance, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption not permitted. The Company is currently in the process of evaluating the impact the adoption of the guidance will have on its consolidated financial statements.
	In August 2014, the FASB issued guidance which requires management to evaluate whether there are conditions and events that raise substantial doubt about an entity’s ability to continue as a going concern, and to provide disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. The guidance is effective for annual periods ending after December 15, 2016, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

Real_Estate

Real Estate	12 Months Ended
	Dec. 31, 2014
Real Estate [Abstract]
Real Estate	Note 3. Real Estate
	Real estate activity for 2014 and 2013 is comprised of the following:
		Years ended December 31,
		2014	2013
	Cost
	Balance, beginning of year	$      1,450,951,000	$      1,423,979,000
	Properties held for sale	-81,223,000	-
	Property acquired	91,241,000	34,666,000
	Properties sold	-	-1,351,000
	Impairments	-6,000	-928,000
	Improvements and betterments	15,210,000	13,581,000
	Write-off of fully-depreciated assets	-	-18,996,000
	Balance, end of the year	$      1,476,173,000	$      1,450,951,000
	Accumulated depreciation
	Balance, beginning of the year	$         251,605,000	$         229,535,000
	Properties held for sale	-18,523,000	-
	Depreciation expense	34,129,000	41,066,000
	Write-off of fully-depreciated assets	-	-18,996,000
	Balance, end of the year	$         267,211,000	$         251,605,000
	Net book value	$      1,208,962,000	$      1,199,346,000
	At December 31, 2014, certain of the Company’s shopping center properties were pledged as collateral for mortgage loans payable. See Note 10 - “Mortgage Loans Payable and Credit Facilities”.
	2014 Acquisition
	On March 21, 2014, the Company acquired Quartermaster Plaza located in Philadelphia, Pennsylvania. The purchase price for the property was approximately $92.3 million, of which approximately $53.4 million was funded from the assumption of (1) a $42.1 million mortgage loan payable, bearing interest at the rate of 5.3% per annum and maturing in October 2015, and (2) an $11.3 million mortgage loan payable, bearing interest at the rate of 5.5% per annum and payable in October 2014 (repaid in June 2014), with the remainder being funded from the Company’s unsecured revolving credit facility. The Company incurred costs of $2.9 million in connection with this acquisition.
	2013 Acquisitions
	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 impact of 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 funded from the Company’s unsecured revolving 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 costs of $0.2 million in connection with this acquisition.
	2012 Acquisitions
	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 – “Discontinued Operations”, 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.
	Properties Held For Sale/Conveyance Subsequent to December 31, 2013
	During 2014, the Company determined to sell the properties listed below which did not meet the criteria set forth in the newly-adopted guidance for reporting discontinued operations (See Note 2 - Summary of Significant Accounting Policies):
			Date	Sales	Gain on
	Property	Location	Sold	Price	Sale
	Fairview Plaza	New Cumberland, PA	5/27/14	$  12,450,000	$  3,810,000
	Carbondale Plaza	Carbondale, PA	7/18/14	10,700,000	123,000
	Virginia Little Creek	Norfolk, VA	8/22/14	9,850,000	2,209,000
	Annie Land Plaza	Lovingston, VA	9/26/14	3,500,000	-
	Smithfield Plaza	Smithfield, VA	10/21/14	12,350,000	-
	St. James Square	Hagerstown, MA	11/5/14	4,125,000	271,000
	Circle Plaza	Shamokin Dam, PA	-	-	-
	Liberty Marketplace	Dubois, PA	-	-	-
				$  52,975,000	$  6,413,000
	As such, these properties have been classified as “real estate held for sale/conveyance” as of December 31, 2014 on the accompanying consolidated balance sheet, and their results of operations have remained in continuing operations. The carrying values of the assets of those properties that remained unsold at December 31, 2014 totaled $14.6 million, and are included in real estate held for sale/conveyance on the consolidated balance sheets. The Company recorded impairment charges of $3.4 million during 2014 relating to the above properties, which is included in continuing operations in the accompanying consolidated statements of operations.
	Land Parcels
	During 2014, 2013 and 2012, the Company sold the following land parcels:
			Date	Sales	Gain on
	Property	Location	Sold	Price	Sale
	2014
	Blue Mountain Commons land parcel	Harrisburg, PA	10/22/14	$      350,000	$               -
	2013
	Huntingdon Plaza land parcel	Huntingdon, PA	3/29/13	$      390,000	$   266,000
	Upland Square land parcel	Pottstown, PA	11/8/13	1,700,000	215,000
	Oregon Pike land parcel	Lancaster, PA	12/23/13	1,451,000	-
				$   3,541,000	$   481,000
	2012
	Blue Mountain Commons land parcel	Harrisburg, PA	6/19/12	$         102,000	$       79,000
	Oregon Pike land parcel	Lancaster, PA	6/28/12	1,100,000	-
	Trindle Springs land parcel	Mechanicsburg, PA	7/20/12	800,000	-
	Aston land parcel	Aston, PA	7/27/12	1,365,000	402,000
	Wyoming land parcel	Wyoming, MI	11/16/12	1,000,000	516,000
				$      4,367,000	$     997,000
	The Company recorded reversals of impairments of $0.3 million in 2014, in addition to impairment charges of $0.9 million and $1.1 million during 2013 and 2012, respectively, relating to land parcels, which are included in continuing operations in the accompanying consolidated statements of operations.

Discontinued_Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2014
Discontinued Operations [Abstract]
Discontinued Operations	Note 4 –Discontinued Operations
	The results of operations for properties classified as discontinued operations prior to the newly-adopted guidance for reporting discontinued operations (see Note 2 - Summary of Significant Accounting Policies) have been classified as “discontinued operations” for all years presented. The following is a summary of the components of income from discontinued operations applicable to properties classified as such prior to the newly-adopted guidance for reporting discontinued operations:
		Years ended December 31,
		2014	2013	2012
	REVENUES
	Rents	$            2,698,000	$            9,963,000	$          20,608,000
	Expense recoveries and other	918,000	2,754,000	5,261,000
	Total revenues	3,616,000	12,717,000	25,869,000
	EXPENSES
	Operating, maintenance and management	783,000	3,655,000	7,475,000
	Real estate and other property-related taxes	555,000	2,632,000	4,184,000
	Depreciation and amortization	-	1,258,000	1,385,000
	Interest	631,000	2,455,000	7,299,000
	Early extinguishment of debt costs	-	437,000	-
	Total expenses	1,969,000	10,437,000	20,343,000
	INCOME FROM OPERATIONS	1,647,000	2,280,000	5,526,000
	IMPAIRMENT REVERSALS/(CHARGES), NET	47,000	-3,049,000	-284,000
	GAIN ON EXTINGUISHMENT OF DEBT OBLIGATIONS	1,423,000	10,452,000	-
	GAIN ON SALES	7,963,000	-	4,679,000
	TOTAL INCOME FROM DISCONTINUED OPERATIONS	$          11,080,000	$            9,683,000	$            9,921,000
	2014 Transactions
	During 2014, the Company sold or conveyed the following properties classified as discontinued operations:
			Date	Sales		Gain on
	Property	Location	Sold	Price		Sale
	Harbor Square (f/k/a Shore Mall)	Egg Harbor, NJ	2/25/14	$  25,000,000		$               -
	McCormick Place	Olmstead, OH	5/6/14	2,679,000	(a)	-
	Gahanna Discount Drug Mart Plaza	Columbus, OH	5/27/14	4,982,000	(a)	-
	Townfair Center	Indiana, PA	5/29/14	22,600,000		1,472,000
	Lake Raystown Plaza	Huntingdon, PA	6/25/14	19,500,000		6,491,000
				$  74,761,000		$
						7,963,000
	(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 May 6, 2014, the McCormick Place 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 $2.7 million. Based on the $1.8 million carrying value of the property, the Company recorded a $0.8 million gain on the extinguishment of a debt obligation in the second quarter of 2014, which is included in discontinued operations in the accompanying consolidated statement of operations.
	On May 27, 2014, the Gahanna Discount Drug Mart Plaza 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 $5.0 million. Based on the $4.3 million carrying value of the property, the Company recorded a $0.6 million gain on the extinguishment of a debt obligation in the second quarter of 2014, which is included in discontinued operations in the accompanying consolidated statement of operations.
	2013 Transactions
	During 2013, the Company sold or conveyed the following properties classified as discontinued operations:
			Date	Sales		Gain on
	Property	Location	Sold	Price		Sale
	East Chestnut	Lancaster, PA	1/2/13	$    3,100,000		$               -
	Columbia Mall	Bloomsburg, PA	4/17/13	2,775,000		-
	Heritage Crossing	Limerick, PA	5/9/13	9,400,000		-
	Westlake Discount Drug Mart Plaza	Westlake, OH	6/5/13	2,240,000		-
	Dunmore Shopping Center	Dunmore, PA	11/8/13	4,000,000		-
	Roosevelt II	Philadelphia, PA	11/14/13	13,878,000	(a)	-
	Oakhurst Plaza	Harrisburg, PA	12/11/13	11,000,000		-
				$  46,393,000		$               -
	(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.
	2012 Transactions
	During 2012, the Company sold the following properties classified as discontinued operations:
			Date	Sales		Gain on
	Property	Location	Sold	Price		Sale
	Hilliard Discount Drug Mart Plaza	Hilliard, OH	2/7/12	$      1,434,000		$                -
	First Merit Bank at Akron	Akron, OH	2/23/12	633,000		-
	Grove City Discount Drug Mart Plaza	Grove City, OH	3/12/12	1,925,000		-
	CVS at Naugatuck	Naugatuck, CT	3/20/12	3,350,000		457,000
	CVS at Bradford	Bradford, PA	3/30/12	967,000		-
	CVS at Celina	Celina, OH	3/30/12	1,449,000		-
	CVS at Erie	Erie, PA	3/30/12	1,278,000		-
	CVS at Portage Trail	Akron, OH	3/30/12	1,061,000		-
	Rite Aid at Massillon	Massillon, OH	3/30/12	1,492,000		-
	Kingston Plaza	Kingston, NY	4/12/12	1,182,000		293,000
	Stadium Plaza	East Lansing, MI	5/3/12	5,400,000		-
Homburg Joint Venture (seven properties)	Various	10/12/12	23,642,000		3,929,000
The Point at Carlisle	Carlisle, PA	10/15/12	7,350,000		-
			$    51,163,000		$ 4,679,000
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. 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.

Investment_In_CedarRioCan_Join

Investment In Cedar/RioCan Joint Venture	12 Months Ended
	Dec. 31, 2014
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 revolving 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 and $2.8 million for 2013 and 2012, 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
		(Sale Date)
	Revenues	$      49,341,000
	Property operating and other expenses	-4,373,000
	Management fees	-1,653,000
	Real estate taxes	-5,941,000
	Acquisition transaction costs	-964,000
	General and administrative	-174,000
	Depreciation and amortization	-15,769,000
	Interest and other non-operating expenses, net	-13,027,000
	Net income	$        7,440,000
	The Company's share of net income	$        1,481,000

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2014
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, accounts payable and accrued liabilities, and variable-rate debt approximate fair value due to their terms and/or short-term nature. The fair value of the Company’s investments and liabilities related to share-based compensation were determined to be Level 1 within the valuation hierarchy, and were based on independent values provided by financial institutions.
	The valuation of the liabilities for the Company’s interest rate swaps, which are measured on a recurring basis, were determined to be Level 2 within the valuation hierarchy, and were based on independent values provided by financial institutions. Such valuations were determined using widely accepted valuation techniques, including discounted cash flow analyses, on the expected cash flows of each derivative. The analyses reflect the contractual terms of the swaps, including the period to maturity, and user-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, 2014, 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 consist of real estate held for sale/conveyance, which are measured on a nonrecurring basis, have been determined to be (1) Level 2 within the valuation hierarchy, where applicable, based on the respective contracts of sale, adjusted for closing costs and expenses, or (2) 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.
	Valuations were prepared using internally-developed valuation models. These valuations are reviewed and approved, during each reporting period, by a diverse group of management, as deemed necessary, including personnel from the acquisition, accounting, finance, operations, development and leasing departments, and the valuations are updated as appropriate. In addition, the Company may engage third party valuation experts to assist with the preparation of certain of its valuations.
	The following tables show the hierarchy for those assets measured at fair value on a recurring basis as of December 31, 2014 and December 31, 2013, respectively:
			Assets/Liabilities Measured at Fair Value on a
			Recurring Basis
			31-Dec-14
	Description		Level 1		Level 2		Level 3		Total
	Investments related to share-
	based compensation liabilities (a)	$	492,000	$	-	$	-	$	492,000
	Share-based compensation liabilities (b)	$	487,000	$	-	$	-	$	487,000
	Interest rate swaps liability (b)	$	-	$	2,777,000	$	-	$	2,777,000
			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
	(a) Included in other assets and deferred charges, net in the accompanying consolidated balance sheets.
	(b) Included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets.
	The fair values of the Company’s fixed rate mortgage loans and unsecured revolving credit facility and term loans were estimated using available market information and discounted cash flow analyses based on borrowing rates the Company believes it could obtain with similar terms and maturities.  As of December 31, 2014 and December 31, 2013,respectively, the aggregate fair values of the Company’s unsecured revolving credit facility and term loans approximated the carrying values. As of December 31, 2014 and December 31, 2013, the aggregate fair values of the Company’s fixed rate mortgage loans payable and mortgage loans payable – real estate held for sale/conveyance, which were determined to be  Level 3 within the valuation hierarchy, were approximately $410.8 million and $495.1 million, respectively; the carrying values of such loans were $393.4 million and $481.1 million, respectively.
	The following tables show the hierarchy for those assets measured at fair value on a non-recurring basis as of December 31, 2014 and December 31, 2013, respectively:
			Assets Measured at Fair Value on a
			Non-Recurring Basis
			31-Dec-14
	Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	3,424,000	$	13,084,000	$	16,508,000
			31-Dec-13
	Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	-	$	70,757,000	$	70,757,000
	The following table details the quantitative information regarding Level 3 assets measured at fair value on a non-recurring basis as of December 31 2014 and December 31, 2013, respectively:
	Quantitative Information about Level 3 Fair Value Measurements
			31-Dec-14
					Valuation		Unobservable
	Description		Fair value		Technique		inputs		Rate
	Retail property		$                   13,084,000		Discounted cash flow		Capitalization rate		8.30%
							Discount rate		9.60%
			31-Dec-13
					Valuation		Unobservable		Range
	Description		Fair value		Technique		inputs		(weighted average)
	Retail properties (six properties)		$                   70,210,000		Discounted cash flow		Capitalization rate		7.8% to 11.0% (8.2%)
							Discount rate		9.2% to 11.6% (9.4%)
	Land parcel		547,000		Sale comparison approach		Price per acre		$35,000 per acre
			$                   70,757,000

Concentration_Of_Credit_Risk

Concentration Of Credit Risk	12 Months Ended
	Dec. 31, 2014
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.
	Excluding properties held for sale, 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 14%,  15% and 14% of the Company’s total revenues during 2014, 2013 and 2012, respectively.
	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, 26 of the Company’s properties are located in Pennsylvania).

Receivables

Receivables	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Receivables
	Note 8. Receivables
	Receivables at December 31, 2014 and 2013 are comprised of the following:
		December 31,
		2014	2013
	Rents and other receivables, net	$         3,479,000	$        3,282,000
	Straight-line rents	14,926,000	15,210,000
		$       18,405,000	$      18,492,000
	During the fourth quarter of 2012, a $4.1 million loan receivable collateralized by a mortgage on a development parcel went into default. The Company concluded that the loan was unlikely to be paid and wrote off the loan and accrued interest, resulting in an impairment charge of $4.4 million during 2012, which is included in continuing operations in the accompanying consolidated statements of operations. 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.

Other_Assets_And_Deferred_Char

Other Assets And Deferred Charges, Net	12 Months Ended
	Dec. 31, 2014
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, 2014 and 2013 are comprised of the following:
			December 31,
			2014		2013
	Lease origination costs (a)		$       18,180,000		$      15,187,000
	Financing costs		4,256,000		5,194,000
	Prepaid expenses		6,689,000		5,234,000
	Leasehold improvements, furniture and fixtures		761,000		1,020,000
	Investments related to share-based compensation		492,000		435,000
	Other		1,168,000		1,225,000
	Total other assets and deferred charges, net		$       31,546,000		$      28,295,000
		(a)		Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $8.4 million (cost of $20.7 million and accumulated amortization of $12.3 million) and $5.6 million (cost of $17.5 million and accumulated amortization of $11.9 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, $5.2 million and $7.9 million for 2014, 2013 and 2012, respectively. The unamortized balances of deferred lease origination costs and deferred financing costs are net of accumulated amortization of $22.4 million and $11.9 million, respectively, and will be charged to future operations as follows (lease origination costs through 2080, and financing costs through 2029):
			Lease
			origination		Financing
			costs		costs
	2015		$     2,788,000		$   1,811,000
	2016		2,372,000		1,206,000
	2017		1,804,000		438,000
	2018		1,477,000		356,000
	2019		1,229,000		175,000
	Thereafter		8,510,000		270,000
			$   18,180,000		$   4,256,000

Mortgage_Loans_Payable_And_Uns

Mortgage Loans Payable And Unsecured Credit Facilities

12 Months Ended

Dec. 31, 2014

Mortgage Loans Payable And Unsecured Credit Facilities [Abstract]

Mortgage Loans Payable And Unsecured Credit Facilities

Note 10.  Mortgage Loans Payable and Unsecured Credit Facilities

Debt relating to continuing operations is comprised of the following at December 31, 2014 and 2013:

31-Dec-14

31-Dec-13

Interest rates

Interest rates

Balance

Weighted

Balance

Weighted

Description

outstanding

average

Range

outstanding

average

Range

Fixed-rate mortgages

$           393,388,000

5.40%

3.1% - 7.5%

$           458,207,000

5.50%

3.1% - 7.5%

Variable-rate mortgage

-

-

58,085,000

2.90%

Total property-specific mortgages

393,388,000

5.40%

516,292,000

5.20%

Unsecured credit facilities:

Revolving facility

72,000,000

1.90%

153,500,000

2.30%

Term loan

50,000,000

1.90%

50,000,000

2.30%

Term loan

75,000,000

3.20%

-

-

Term loan

75,000,000

4.10%

-

-

272,000,000

2.80%

203,500,000

2.30%

$           665,388,000

4.30%

$           719,792,000

4.30%

Mortgage Loans Payable

Mortgage loan activity for 2014 and 2013 is summarized as follows:

Years ended December 31,

2014

2013

Balance, beginning of year

$    516,292,000

$    589,168,000

Mortgages on properties held for sale

-15,249,000

-

Mortgage loan assumptions

53,439,000

-

Repayments

-161,094,000

-72,876,000

Balance, end of the year

$    393,388,000

$    516,292,000

During 2014 and 2013, the Company repaid the following mortgage loans payable:

Repayment

Maturity

Principal Payoff

Property

Date

Date

Amount

2014

Virginia Little Creek

3-Feb-14

1-Sep-21

$            295,000

Upland Square

11-Feb-14

26-Oct-14

$       57,839,000

Kings Plaza

1-Apr-14

1-Jul-14

$         7,188,000

Coliseum Marketplace

1-Apr-14

1-Jul-14

$       11,045,000

Liberty Marketplace

1-Apr-14

1-Jul-14

$         8,171,000

Trexler Mall

11-May-14

11-May-14

$       19,479,000

Yorktowne Plaza

2-Jun-14

1-Jul-14

$       18,726,000

Quartermaster Plaza

5-Jun-14

1-Oct-14

$       11,217,000

Fieldstone Marketplace

11-Jul-14

11-Jul-14

$       16,878,000

Mechanicsburg Center

1-Aug-14

1-Nov-14

$         8,215,000

Smithfield Plaza

21-Oct-14

11-May-16

$         6,616,000

Elmhurst Square

11-Dec-14

11-Dec-14

$         3,638,000

2013

East Chestnut

2-Jan-13

1-Apr-18

$         1,538,000

Academy Plaza

10-Jan-13

10-Mar-13

$         8,633,000

Fort Washington

29-Jan-13

29-Jan-13

$         5,384,000

General Booth

1-Feb-13

1-Aug-13

$         4,960,000

Kempsville Crossing

1-Feb-13

1-Aug-13

$         5,592,000

Smithfield Plaza

1-Feb-13

1-Aug-13

$         3,200,000

Suffolk Plaza

1-Feb-13

1-Aug-13

$         4,185,000

Virginia Little Creek

1-Feb-13

1-Aug-13

$         4,484,000

Carbondale Plaza

17-Jun-13

1-May-15

$         4,721,000

Port Richmond

30-Jul-13

1-Aug-13

$       13,690,000

Timpany Plaza

1-Nov-13

1-Jan-14

$         7,610,000

During 2014 and 2013, in connection with these repayments, the Company incurred charges relating to early extinguishment of mortgage loans payable (prepayment penalties and accelerated amortization of deferred financing costs) of $825,000 and $106,000, respectively, included in continuing operations. In addition, during 2013, in connection with these repayments, the Company incurred charges relating to early extinguishment of mortgage loans payable (prepayment penalties and accelerated amortization of deferred financing costs) of $437,000, included in discontinued operations.

Mortgage Loans Payable – Real Estate Held for Sale/Conveyance

The Company had no debt included in mortgage loans payable – real estate held for sale/conveyance at December 31, 2014. Debt included in mortgage loans payable – real estate held for sale/conveyance is comprised of the following at December 31, 2013:

31-Dec-13

Interest rates

Balance

Weighted

Description

outstanding

average

Range

Fixed-rate mortgages (a)

$       22,848,000

5.40%

5.2% - 6.1%

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

Unsecured Revolving Credit Facility and Term Loans

On August 13, 2013, the Company entered into a $310 million unsecured credit facility which, as amended on February 5, 2015, consists of (1) a $260 million revolving credit facility, expiring on February 5, 2019, and (2) a $50 million term loan, expiring on February 5, 2020.  The revolving credit facility may be extended, at the Company’s option, for an additional one-year period, subject to customary conditions. Under an accordion feature, the facility can be increased to $750 million, subject to customary conditions and lending commitments. Borrowings under the revolving credit facility component can range from LIBOR plus 135 bps to 195 bps  (150 bps on February 5, 2015) and borrowing under the term loan component can range from 130 to 190 bps (145 bps on February 5, 2015), each based on the Company’s leverage ratio. As of December 31, 2014, the Company had $187.7 million available for additional borrowings under the revolving credit facility.

On February 11, 2014, the Company closed $150 million of unsecured term loans comprised 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. As amended on February 5, 2015, borrowing under the five-year $75 million term loan can range from LIBOR plus 130 bps to 190 bps  (145 bps on February 5, 2015) and borrowings under the seven-year $75 million term loan can range from LIBOR plus 170 bps to 230 bps  (180 bps on February 5, 2015), each based on the Company’s leverage ratio. Additionally, the Company has entered into forward interest rate swap agreements which convert the LIBOR rates to fixed rates for these term loans beginning July 1, 2014 through their maturities. Reflecting the February 5, 2015 amendment, the new effective fixed interest rates are 3.1% for the five-year $75 million term loan and 4.1% for the seven-year  $75 million term loan.

On February 5, 2015, the Company closed $100 million of new unsecured term loans comprised of a five-year $50 million term loan maturing February 5, 2020 (all of which was borrowed at closing), and a seven-year $50 million term loan maturing February 5, 2022.  Proceeds from the seven-year term loan can be drawn at any time from closing until July 1, 2015. Borrowings under the five-year $50 million term loan can range from 130 to 190 bps (145 bps on February 5, 2015) and borrowing under the seven-year $50 million term loan can range from LIBOR plus 155 bps to 215 bps (170 bps as of February 5, 2015), each based on the Company’s leverage ratio. Additionally, the Company entered into forward interest rate swap agreements which converted the LIBOR rates to fixed rates for these term loans beginning July 1, 2015 through their maturities. As a result, the effective fixed interest rates will be 2.9% for the five-year $50 million term loan and 3.4% for the seven-year $50 million term loan.

The Company’s unsecured credit facility and term loans contain financial covenants including, but not limited to, maximum debt leverage, maximum secured debt, minimum fixed charge coverage, and minimum net worth. In addition, the facility contains restrictions including, but not limited to, limits on indebtedness, certain investments and distributions. The Company’s failure to comply with the covenants or the occurrence of an event of default under the facility could result in the acceleration of the related debt. As of December 31, 2014, the Company is in compliance with all financial covenants.

Scheduled Principal Payments

Scheduled principal payments on mortgage loans payable, term loans, and the credit facility at December 31, 2014, due on various dates from 2015 to 2029, are as follows:

2015

$    110,479,000

(a)

2016

133,018,000

2017

62,923,000

2018

20,158,000

2019

149,037,000

(b)

Thereafter

189,773,000

(c)

$    665,388,000

(a) To be substantially refinanced with the proceeds from unsecured term loans which closed on February 5, 2015.

(b) As amended on February 5, 2015, includes $72.0 million applicable to the unsecured revolving credit facility, subject to a one-year extension option, originally due in 2016.

(c)  As amended on February 5, 2015, includes $50.0 million applicable to a term loan originally due in 2018.

Derivative Financial Instruments

As discussed above, on February 11, 2014, the Company closed $150 million of unsecured term loans for which it entered into forward interest rate swap agreements, which became effective on July 1, 2014.

On May 29, 2014, the Company sold Townfair Center, which collateralized an $11.8 million mortgage loan payable subject to an interest rate swap having a fair value recorded as a liability of $0.7 million. At closing, the buyer assumed both the outstanding mortgage loan payable and the related interest rate swap, and the aforementioned $0.7 million was removed from both accumulated other comprehensive loss and accounts payable and accrued liabilities.

At December 31, 2014, the Company had $2,777,000 on the consolidated balance sheet included in accounts payable and accrued liabilities relating to the fair value of the interest rate swaps applicable to the $150 million unsecured term loans which closed on February 11, 2014. Charges and/or credits relating to the changes in the fair value of the interest rate swaps 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 applicable. Over time, the unrealized gains and losses recorded in accumulated other comprehensive loss will be reclassified into earnings as an increase or reduction to interest expense in the same periods in which the hedged interest payments affect earnings. The Company estimates that approximately $2.7 million of accumulated other comprehensive loss will be reclassified as a charge to earnings within the next twelve months.

The following is a summary of the derivative financial instruments held by the Company at December 31, 2014 and December 31, 2013:

Notional values

Balance

Fair value

Designation/

December 31,

December 31,

Maturity

sheet

December 31,

December 31,

Cash flow

Derivative

Count

2014

Count

2013

date

location

2014

2013

Qualifying

Interest rate swaps

2

$              150,000,000

-

$                     -

2019/2021

Accounts payable and accrued liabilities

$       2,777,000

$                     -

Qualifying

Interest rate swap

-

$                                -

1

$     11,894,000

(a)

-

Accounts payable and accrued liabilities

$                     -

$          647,000

(a) Amount is an interest rate swap related to mortgage loans payable - real estate held for sale/conveyance on the consolidated balance sheet.

The following presents the effect of the Company’s derivative financial instruments on the consolidated statements of operations and the consolidated statements of equity 2014 and 2013, respectively:

Gain (loss) recognized in other

comprehensive income

(effective portion)

Designation/

Years ended December 31,

Cash flow

Derivative

2014

2013

Qualifying

Interest rate swaps

$                  (3,650,000)

$                      202,000

Gain (loss) recognized in other

comprehensive income

reclassified into earnings (effective portion)

Years ended December 31,

Classification

2014

2013

Continuing Operations

$                   1,663,000

$                      749,000

Discontinued Operations

$                      129,000

$                      309,000

As of December 31, 2014, 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, 2014, 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, 2014
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 $23.8 million and $26.9 million at December 31, 2014 and December 31, 2013, respectively. Unamortized intangible lease assets that relate to above-market leases amounted to $0.1 million and $0.2 million at December 31, 2014 and December 31, 2013, respectively.
	The unamortized balance of intangible lease liabilities at December 31, 2014 is net of accumulated amortization of $46.5 million, and will be credited to future operations through 2080 as follows:
	2015	$       3,230,000
	2016	2,722,000
	2017	2,451,000
	2018	2,198,000
	2019	1,799,000
	Thereafter	11,376,000
		$     23,776,000

Commitments_And_Contingencies

Commitments And Contingencies	12 Months Ended
	Dec. 31, 2014
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. The terms of the lease, which will expire in February 2020, provide for future minimum rents as follows: 2015 - $463,000, 2016 - $476,000, 2017 - $489,000, 2018 - $503,000, 2019 - $517,000 and 2020 - $86,000. 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, as follows: 2015 - $1.1 million, 2016 - $1.1 million, 2017 - $0.5 million, 2018 - $0.3 million, 2019 - $0.3 million, and thereafter - $10.1 million.
	Rent expense was $1.3 million, $1.4 million and $1.4 million for 2014, 2013 and 2012, respectively.

Shareholders_Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2014
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. On February 12, 2013, the Company concluded a 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. Also, 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, the Company has 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 2013, the Company sold 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. There were no transactions during 2014 under this program.
	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. 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 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.
	The Company has an at-the-market 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, 2014,  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 2014 and 2013. At December 31, 2014, there remained 2,849,000 shares authorized under the DRIP.
	On January 12, 2015, the Company concluded a public offering of 5,750,000 shares of its common stock (including 750,000 shares relating to the exercise of an over-allotment option by the underwriters), and realized net proceeds, after offering expenses, of approximately $41.9 million.
	OP Units
	On July 1, 2014, the Company redeemed 69,000 OP Units from one of its executive officers for a total cash outlay of $424,000, based on the market value of the Company’s common stock. On October 10, 2014, the Company redeemed an additional 2,000 OP Units from a holder for a total cash outlay of $13,000.
	During 2014 and 2013, holders of 51,000 and 3,000 OP Units, respectively, converted their holdings to shares of the Company’s common stock.
	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 270,000 OP Units.
	Dividends
	The following table provides a summary of dividends declared and paid per share:
		Years ended December 31,
		2014	2013	2012
	Common stock	$                     0.200	$                     0.200	$                     0.200
	Cumulative Redeemable Preferred Stock:
	8.875% Series A	$                             -	$                             -	$                     2.219
	7.250% Series B	$                     1.812	$                     1.812	$                     0.906
	At December 31, 2014 and 2013, there were $1.6 million and $1.6 million, respectively, of accrued preferred stock dividends.
	On January 24, 2015, 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 Series B Preferred Stock. The distributions are payable on February 20, 2015 to shareholders of record on February 10, 2015.

Revenues

Revenues	12 Months Ended
	Dec. 31, 2014
Revenues [Abstract]
Revenues
	Note 14. Revenues
	Rents for 2014, 2013 and 2012, respectively, are comprised of the following:
		Years ended December 31,
		2014	2013	2012
	Base rents	$        110,739,000	$        103,721,000	$          96,897,000
	Percentage rent	683,000	804,000	1,001,000
	Straight-line rents	761,000	1,387,000	930,000
	Amortization of intangible lease liabilities	4,322,000	4,441,000	5,359,000
	Total rents	$        116,505,000	$        110,353,000	$        104,187,000
	Annual future base rents due to be received under non-cancelable operating leases in effect at December 31, 2014 are approximately as follows (excluding those base rents applicable to properties treated as discontinued operations):
	2015	$           106,034,000
	2016	96,504,000
	2017	85,264,000
	2018	76,439,000
	2019	63,524,000
	Thereafter	301,207,000
		$           728,972,000
	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 $32.1 million, $29.5 million and $26.5 million for 2014, 2013 and 2012, 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 revenues in 2012 include lease termination income (approximately $3.0 million) and fees earned from the Cedar/RioCan joint venture in 2012 (approximately $2.8 million). 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
	Dec. 31, 2014
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 $279,000,  $244,000, and $253,000 for 2014, 2013, and 2012, respectively.

Employee_Termination_Costs

Employee Termination Costs	12 Months Ended
	Dec. 31, 2014
Employee Termination Costs [Abstract]
Employee Termination Costs	Note 16. 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 employee termination costs in the consolidated statements of operations).

ShareBased_Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2014
Share-Based Compensation [Abstract]
Share-Based Compensation	Note 17. Share-Based Compensation
	The following tables set forth certain share-based compensation information for 2014, 2013, and 2012, respectively:
		Years ended December 31,
		2014	2013	2012
	Expense relating to share grants (a)	$          3,761,000	$             4,108,000	$             3,903,000
	Adjustments to reflect changes in market price of
	Company's common stock	-	-	10,000
	Amounts capitalized	-230,000	-407,000	-352,000
	Total charged to operations  (b)	$          3,531,000	$             3,701,000	$             3,561,000
			Weighted average
		Shares	grant date value
	Unvested shares, December 31, 2013	3,690,000	$                      4.89
	Restricted share grants	133,000	6.32
	Vested during period	-150,000	5.80
	Forfeitures/cancellations	-7,000	4.39
	Unvested shares, December 31, 2014	3,666,000	$                      4.90
	(a) 2012 includes expense relating to equity and liability awards, as discussed below.
	(b) 2012 includes $362,000 applicable to accelerated vestings that are included in employee termination costs.
	The 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, 2014,  1.6 million shares remained available for grants pursuant to the 2012 Plan and, at that date, there remained an aggregate of $8.6 million applicable to all grants and awards to be expensed over a weighted average period of 3.2 years.
	During 2014, there were 133,000 time-based restricted shares granted, with a weighted average grant date fair value of $6.32 per share. During 2013, there were 584,000 time-based restricted shares granted 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 granted with a weighted average grant date fair value of $4.75 per share.
	The total fair values of shares vested during 2014, 2013, and 2012 were $943,000,  $1,863,000, and $2,126,000, respectively (the 2012 amount include $585,000, applicable to accelerated vestings).
	In June 2011, the Company’s President and Chief Executive Officer was to receive restricted share grants totaling 2.5 million shares as provided in his employment agreement, 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 prior 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 have been 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.

Nonconcontrolling_Interest_Lim

Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units	12 Months Ended
	Dec. 31, 2014
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,
		2014	2013
	Balance, beginning of year	$          414,000	$          623,000
	Net income (loss)	11,000	-2,000
	Unrealized (loss) on change in fair value of cash flow hedges	-2,000	-
	Total other comprehensive income (loss)	9,000	-2,000
	Distributions	-12,000	-14,000
	Redemptions of OP Units	-	-160,000
	Reallocation adjustment of limited partners' interest	-15,000	-33,000
	Balance, end of year	$          396,000	$          414,000

Earnings_Per_Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2014
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 2014, 2013 and 2012, the Company had 3.7 million, 3.8 million and 3.3 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 the 2014, 2013 and 2012, respectively:
		Years ended December 31,
		2014	2013	2012
	Numerator
	Income from continuing operations	$            17,611,000	$              4,519,000	$            24,094,000
	Preferred stock dividends	-14,408,000	-14,413,000	-14,819,000
	Preferred stock redemption costs	-	-1,166,000	-4,998,000
	Net loss attributable to noncontrolling interests	358,000	247,000	375,000
	Net earnings allocated to unvested shares	-734,000	-758,000	-806,000
	Income (loss) from continuing operations attributable to vested
	common shares	2,827,000	-11,571,000	3,846,000
	Income from discontinued operations, net of noncontrolling
	interests, attributable to vested common shares	11,012,000	9,682,000	5,237,000
	Net income (loss) attributable to vested common shares outstanding	$            13,839,000	$             (1,889,000)	$              9,083,000
	Denominator
	Weighted average number of vested common shares outstanding	75,311,000	68,381,000	68,017,000
	Earnings (loss) per vested common share, basic and diluted
	Continuing operations	$                       0.04	$                      (0.17)	$                       0.05
	Discontinued operations	$                       0.14	$                       0.14	$                       0.08
		$                       0.18	$                      (0.03)	$                       0.13
	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 was 433,000,  297,000 and 459,000 for 2014, 2013 and 2012, respectively.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data	12 Months Ended
	Dec. 31, 2014
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
	2014
	Revenues as previously reported	$       37,347,000	$       37,069,000	$       36,261,000	$       36,665,000
	Revenues from discontinued operations and reclassifications (a)	365,000	239,000	238,000	-
	Revenues	$       37,712,000	$       37,308,000	$       36,499,000	$       36,665,000
	Net income	$         1,710,000	$       16,992,000	$         5,709,000	$         4,280,000
	Net (loss) income attributable to common shareholders	$       (1,815,000)	$       13,458,000	$         2,183,000	$            747,000
	Per common share (basic and diluted) (b)	$                (0.03)	$                  0.17	$                  0.03	$                  0.01
	2013
	Revenues as previously reported	$       35,559,000	$       33,921,000	$       34,178,000	$       35,166,000
	Revenues from discontinued operations and reclassifications (a)	65,000	189,000	270,000	250,000
	Revenues	$       35,624,000	$       34,110,000	$       34,448,000	$       35,416,000
	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
	(a) Represents revenues which were previously reported in discontinued operations.
	(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
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	Note 21. Subsequent Events
	In determining subsequent events, management reviewed all activity from January 1, 2015 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
	Dec. 31, 2014
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, 2014
						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	137,415	$	$
								2,406,000	9,623,000
	Big Y Shopping Center	CT		2013	100%	2007	101,105	11,272,000	23,395,000
	Camp Hill	PA		2002	100%	1958/2005	461,560	4,460,000	17,857,000
	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
	Coliseum Marketplace	VA		2005	100%	1987/2012	106,648	2,924,000	14,416,000
	Colonial Commons	PA		2011	100%	2011/2013	461,914	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
	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	303,085	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	79,512	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
	Maxatawny Marketplace	PA		2011	100%	2014	58,339	1,612,000	-
	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, 2014
				Gross amount at which carried at
	(continued)	Subsequent		31-Dec-14
		cost			Building and		Accumulated	Amount of
	Property	capitalized		Land	improvements	Total	depreciation (3)	Encumbrance
	Academy Plaza	$		$	$	$	$	-
		3,841,000		2,406,000	13,464,000	15,870,000	4,089,000
	Big Y Shopping Center	-		11,272,000	23,395,000	34,667,000	987,000	-
	Camp Hill	43,688,000		4,424,000	61,581,000	66,005,000	16,326,000	62,464,000
	Carll's Corner	-954,000		2,898,000	14,475,000	17,373,000	3,649,000	-
	Carmans Plaza	-203,000		8,421,000	35,719,000	44,140,000	8,397,000	33,460,000
	Coliseum Marketplace	5,424,000		3,586,000	19,178,000	22,764,000	5,332,000	-
	Colonial Commons	3,342,000		9,367,000	40,838,000	50,205,000	6,792,000	26,267,000
	Crossroads II	28,778,000		17,671,000	26,490,000	44,161,000	3,673,000	-
	Elmhurst Square	730,000		1,371,000	6,724,000	8,095,000	1,814,000	-
	Fairview Commons	3,000		858,000	3,571,000	4,429,000	965,000	-
	Fieldstone Marketplace	646,000		5,167,000	22,148,000	27,315,000	6,394,000	-
	Fort Washington Center	5,176,000		2,462,000	5,176,000	7,638,000	1,710,000	-
	Franklin Village Plaza	953,000		14,681,000	62,457,000	77,138,000	5,658,000	41,979,000
	Fredericksburg Way	-		3,213,000	12,758,000	15,971,000	3,386,000	-
General Booth Plaza	347,000		1,935,000	9,840,000	11,775,000	3,337,000	-
Glen Allen Shopping Center	3,000		5,367,000	2,088,000	7,455,000	646,000	-
Gold Star Plaza	410,000		1,644,000	6,929,000	8,573,000	2,038,000	1,302,000
Golden Triangle	9,935,000		2,320,000	19,648,000	21,968,000	6,949,000	19,320,000
Groton Shopping Center	419,000		3,073,000	12,736,000	15,809,000	3,328,000	11,015,000
Halifax Plaza	247,000		1,347,000	6,111,000	7,458,000	1,917,000	-
Hamburg Square	5,511,000		1,153,000	10,189,000	11,342,000	2,578,000	4,732,000
Jordan Lane	1,319,000		4,291,000	22,495,000	26,786,000	6,439,000	11,851,000
Kempsville Crossing	-1,437,000		2,207,000	9,563,000	11,770,000	3,828,000	-
Kenley Village	361,000		726,000	3,873,000	4,599,000	1,379,000	-
Kings Plaza	413,000		2,408,000	13,022,000	15,430,000	3,288,000	-
Maxatawny Marketplace	8,821,000		1,454,000	8,979,000	10,433,000	383,000	-
Meadows Marketplace	11,407,000		1,914,000	11,407,000	13,321,000	2,571,000	9,432,000
Mechanicsburg Giant	-		2,709,000	12,159,000	14,868,000	3,136,000	-
Metro Square	-301,000		5,250,000	9,911,000	15,161,000	1,892,000	8,005,000
Newport Plaza	399,000		1,682,000	8,196,000	9,878,000	2,436,000	-
New London Mall	1,146,000		8,807,000	32,197,000	41,004,000	8,390,000	27,291,000
Northside Commons	10,012,000		3,379,000	9,965,000	13,344,000	1,320,000	-
Cedar Realty Trust, Inc.
Schedule III
Real Estate and Accumulated Depreciation
Year ended December 31, 2014
(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	$	$
							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
Quartermaster Plaza	PA		2014	100%	2004	456,364	37,031,000	54,210,000
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
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
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	227,193	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%	1972/2012	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
Upland Square	PA		2007/2013	100%	2009	394,598	28,187,000	-
Valley Plaza	MD		2003	100%	1975/1994	190,939	1,950,000	7,766,000
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
Yorktowne Plaza	MD		2007	100%	1970/2000	158,982	5,940,000	25,505,000
Land parcels	PA		n/a	100%	n/a	-	1,965,000	-
Total Portfolio						9,246,984	$	$
							320,087,000	863,457,000
Cedar Realty Trust, Inc.
Schedule III
Real Estate and Accumulated Depreciation
Year ended December 31, 2014
			Gross amount at which carried at
(continued)	Subsequent		31-Dec-14
	cost			Building and		Accumulated	Amount of
Property	capitalized		Land	improvements	Total	depreciation (3)	Encumbrance
Norwood Shopping Center	$		$	$	$	$	-
	1,640,000		1,874,000	10,093,000	11,967,000	2,735,000
Oak Ridge Shopping Center	45,000		960,000	4,299,000	5,259,000	1,079,000	3,166,000
Oakland Commons	-233,000		2,504,000	15,429,000	17,933,000	3,739,000	-
Oakland Mills	41,000		1,611,000	6,333,000	7,944,000	2,051,000	4,457,000
Palmyra Shopping Center	1,394,000		1,488,000	7,960,000	9,448,000	2,321,000	-
Pine Grove Plaza	476,000		2,010,000	6,965,000	8,975,000	1,978,000	5,197,000
Port Richmond Village	1,408,000		2,843,000	13,276,000	16,119,000	4,517,000	-
Quartermaster Plaza	79,000		37,031,000	54,289,000	91,320,000	1,436,000	41,786,000
River View Plaza	4,987,000		9,718,000	45,343,000	55,061,000	13,310,000	-
San Souci Plaza	1,947,000		13,406,000	21,835,000	35,241,000	7,638,000	27,200,000
South Philadelphia	2,779,000		8,222,000	39,093,000	47,315,000	13,469,000	-
Southington Center	193,000		-	12,027,000	12,027,000	3,411,000	5,209,000
Suffolk Plaza	23,000		1,402,000	7,259,000	8,661,000	2,720,000	-
Swede Square	5,701,000		2,272,000	11,929,000	14,201,000	4,281,000	9,999,000
The Brickyard	1,576,000		7,648,000	30,868,000	38,516,000	8,317,000	-
The Commons	2,934,000		3,098,000	16,981,000	20,079,000	5,383,000	-
The Point	14,670,000		2,996,000	25,174,000	28,170,000	7,905,000	29,001,000
The Shops at Suffolk Downs	9,439,000		7,580,000	20,528,000	28,108,000	4,326,000	-
Timpany Plaza	1,343,000		3,368,000	20,627,000	23,995,000	4,545,000	-
Trexler Mall	6,312,000		6,932,000	39,127,000	46,059,000	9,808,000	-
Trexlertown Plaza	25,177,000		13,351,000	49,042,000	62,393,000	7,266,000	-
Upland Square	66,757,000		25,783,000	69,161,000	94,944,000	9,331,000	-
Valley Plaza	1,102,000		1,950,000	8,868,000	10,818,000	2,709,000	-
Washington Center Shoppes	4,056,000		2,000,000	11,431,000	13,431,000	4,114,000	-
Webster Plaza	-211,000		4,082,000	17,670,000	21,752,000	3,948,000	-
West Bridgewater Plaza	-809,000		2,596,000	14,319,000	16,915,000	3,336,000	10,255,000
Yorktowne Plaza	451,000		5,799,000	26,097,000	31,896,000	6,511,000	-
Land parcels	-1,084,000		881,000	-	881,000	-	-
Total Portfolio	$		$	$	$	$	$
	292,629,000		312,868,000	1,163,305,000	1,476,173,000	267,211,000	393,388,000
Cedar Realty Trust, Inc.
Schedule III
Real Estate and Accumulated Depreciation
Year ended December 31, 2014
(continued)
The changes in real estate and accumulated depreciation for the three years ended December 31, 2014 are as follows (1):
Cost	2014		2013	2012
Balance, beginning of the year	$		$	$
	1,450,951,000		1,423,979,000	1,321,083,000
Properties held for sale	-81,223,000		-	-
Properties acquired	91,241,000		34,666,000	76,185,000
Properties sold	-		-1,351,000	-
Impairments	-6,000		-928,000	-332,000
Improvements and betterments	15,210,000		13,581,000	27,142,000
Write-off fully-depreciated assets	-		-18,996,000	-99,000
Balance, end of the year	$	-2	$	$
	1,476,173,000		1,450,951,000	1,423,979,000
Accumulated depreciation
Balance, beginning of the year	$		$	$
	251,605,000		229,535,000	189,608,000
Properties held for sale	-18,523,000		-	-
Depreciation expense (3)	34,129,000		41,066,000	40,026,000
Write-off fully-depreciated assets	-		-18,996,000	-99,000
Balance, end of the year	$		$	$
	267,211,000		251,605,000	229,535,000
Net book value	$		$	$
	1,208,962,000		1,199,346,000	1,194,444,000
(1) Restated to reflect reclassifications of certain properties previously treated as “real estate held for sale/conveyance” to "real estate held for use".
(2) At December 31, 2014, the aggregate cost for federal income tax purposes was approximately $3.6 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, 2014
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) does not require its partners to fund additional capital requirements, (3) has an economic interest greater than its voting proportion and (4) participates in the management activities that significantly impact the performance of the joint venture. At December 31, 2014, this VIE owned real estate with a carrying value of $40.5 million and no mortgage loan payable.
	With respect to its two other consolidated joint venture properties at December 31, 2014 (New London Mall and San Souci Plaza), the Company is the general partner and has a partnership interest of 40% in each. As such entities are not VIEs, and 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. On January 23, 2015, the Company acquired the New London joint venture’s 60% ownership interest, giving the Company a 100% ownership interest in this property. The purchase price was $27.3 million, consisting of $10.9 million in cash, and $16.4 million representing the 60% share of the in-place mortgage financing.
	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 – “Discontinued Operations”) 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) did not require its partners to fund additional capital requirements, (3) had an economic interest greater than its voting proportion, and (4) participated in the management activities that significantly impacted the performance of the joint venture.
	The Company also had a 20% interest in the Cedar/RioCan joint venture, which 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 – “Discontinued Operations”), the Company was the general partner and had partnership interests of 20% in each of the venture’s nine properties. As (1) such entities were 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.
	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 reclassifications of prior period amounts relating primarily to one operating property previously classified as discontinued operations that was determined in 2014 to be treated as continuing operations. Accordingly, applicable amounts have been reclassified from “real estate held for sale/conveyance” to “real estate held for use” on the prior-year consolidated balance sheet, and from “discontinued operations” to “continuing operations” on all prior years’ consolidated statements of 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 $35.0 million, $41.1 million and $40.0 million for 2014, 2013 and 2012, 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 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 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 2014, 2013 and 2012.
Properties Held For Sale/Conveyance	Properties Held For Sale/Conveyance
	In accordance with the newly-adopted guidance for reporting discontinued operations (see below), the carrying values of the assets and liabilities of properties determined to be held for sale/conveyance, 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), are reclassified as “held for sale/conveyance” on the Company’s consolidated balance sheets at the time such determinations are made, on a prospective basis only. In addition, the Company anticipates that sales of all such properties remaining classified as “held for sale/conveyance” at the balance sheet date will be concluded within one year from such date .
	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 (see 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 determination to  dispose of properties, which are subsequently reclassified to “held for sale/conveyance”, the Company performs 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 reflects 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.
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 when purchased of less than ninety days, and include cash at consolidated joint ventures of $0.8 million and $1.5 million at December 31, 2014 and 2013, 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 $4.3 million and $5.1 million at December 31, 2014 and 2013, respectively. The provision for doubtful accounts (included in operating, maintenance and management expenses) was $1.9 million, $1.8 million and $1.9 million in 2014, 2013 and 2012, 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, 2014, 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 states 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, 2014, there have been no cumulative net adjustments recorded to the carrying amounts of the mezzanine OP Units.
Share-Based Compensation	Share-Based Compensation
	The Company’s 2012 Stock Incentive Plan (the “2012 Plan”) establishes the procedures for the granting of, among other things, restricted stock awards. 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 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 are being expensed on a straight-line basis over their 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, those grants of restricted shares that are contributed to the Rabbi Trusts are classified as treasury stock on the Company’s consolidated balance sheet.
Recently-Issued Accounting Pronouncements
	Recently-Issued Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued guidance which amends the requirements for reporting discontinued operations. Under the amended guidance, a disposal of an individual property or group of properties is required to be reported in “discontinued operations” only if the disposal represents a strategic shift that has, or will have, a major effect on the Company’s operations and financial results. The amended guidance also requires additional disclosures about both discontinued operations and the disposal of an individually significant component of an entity that does not qualify for discontinued operations presentation in the financial statements. The Company has adopted the provisions of this guidance as of January 1, 2014, and has applied the provisions prospectively. The results of operations for properties classified as “held for sale/conveyance” prior to the adoption of this guidance will continue to be reported as “discontinued operations” in the consolidated statements of operations.
	In May 2014, the FASB issued guidance which amends the accounting for revenue recognition. Under the amended guidance, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance is effective for interim and annual reporting periods beginning after December 15, 2016, with early adoption not permitted. The Company is currently in the process of evaluating the impact the adoption of the guidance will have on its consolidated financial statements.
	In August 2014, the FASB issued guidance which requires management to evaluate whether there are conditions and events that raise substantial doubt about an entity’s ability to continue as a going concern, and to provide disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. The guidance is effective for annual periods ending after December 15, 2016, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Policies [Abstract]
Supplemental Consolidated Statements Of Cash Flows Information
		Years ended
		2014	2013	2012
	Supplemental disclosure of cash activities:
	Cash paid for interest	$           32,275,000	$           36,114,000	$           43,663,000
	Supplemental disclosure of non-cash activities:
	Capitalization of interest and financing costs	757,000	915,000	1,314,000
	Mortgage loans payable assumed upon acquisition	-53,439,000	-	-
	Mortgage loans payable assumed by buyer	15,557,000	-	76,632,000
	Conversions of OP Units into common stock	371,000	24,000	7,895,000
	Issuance of OP Units in connection with a property acquisition	-	-1,500,000	-
	Deed-in-lieu of foreclosure of properties:
	Real estate transferred	-6,238,000	-4,724,000	-
	Mortgage loans payable and related obligations settled	7,661,000	13,878,000	-
	Acquisition of noncontrolling interests in consolidated joint venture properties	-	-	7,595,000
	Disposition of noncontrolling interests in consolidated joint venture properties	-	-	-36,840,000
	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

Real_Estate_Tables

Real Estate (Tables)	12 Months Ended
	Dec. 31, 2014
Real Estate [Abstract]
Real Estate And Accumulated Depreciation
		Years ended December 31,
		2014	2013
	Cost
	Balance, beginning of year	$      1,450,951,000	$      1,423,979,000
	Properties held for sale	-81,223,000	-
	Property acquired	91,241,000	34,666,000
	Properties sold	-	-1,351,000
	Impairments	-6,000	-928,000
	Improvements and betterments	15,210,000	13,581,000
	Write-off of fully-depreciated assets	-	-18,996,000
	Balance, end of the year	$      1,476,173,000	$      1,450,951,000
	Accumulated depreciation
	Balance, beginning of the year	$         251,605,000	$         229,535,000
	Properties held for sale	-18,523,000	-
	Depreciation expense	34,129,000	41,066,000
	Write-off of fully-depreciated assets	-	-18,996,000
	Balance, end of the year	$         267,211,000	$         251,605,000
	Net book value	$      1,208,962,000	$      1,199,346,000
Schedule Of Transactions Related To Properties Held For Sale/Conveyance
			Date	Sales	Gain on
	Property	Location	Sold	Price	Sale
	Fairview Plaza	New Cumberland, PA	5/27/14	$  12,450,000	$  3,810,000
	Carbondale Plaza	Carbondale, PA	7/18/14	10,700,000	123,000
	Virginia Little Creek	Norfolk, VA	8/22/14	9,850,000	2,209,000
	Annie Land Plaza	Lovingston, VA	9/26/14	3,500,000	-
	Smithfield Plaza	Smithfield, VA	10/21/14	12,350,000	-
	St. James Square	Hagerstown, MA	11/5/14	4,125,000	271,000
	Circle Plaza	Shamokin Dam, PA	-	-	-
	Liberty Marketplace	Dubois, PA	-	-	-
				$  52,975,000	$  6,413,000
Schedule Of Land Parcels Sold
			Date	Sales	Gain on
	Property	Location	Sold	Price	Sale
	2014
	Blue Mountain Commons land parcel	Harrisburg, PA	10/22/14	$      350,000	$               -
	2013
	Huntingdon Plaza land parcel	Huntingdon, PA	3/29/13	$      390,000	$   266,000
	Upland Square land parcel	Pottstown, PA	11/8/13	1,700,000	215,000
	Oregon Pike land parcel	Lancaster, PA	12/23/13	1,451,000	-
				$   3,541,000	$   481,000
	2012
	Blue Mountain Commons land parcel	Harrisburg, PA	6/19/12	$         102,000	$       79,000
	Oregon Pike land parcel	Lancaster, PA	6/28/12	1,100,000	-
	Trindle Springs land parcel	Mechanicsburg, PA	7/20/12	800,000	-
	Aston land parcel	Aston, PA	7/27/12	1,365,000	402,000
	Wyoming land parcel	Wyoming, MI	11/16/12	1,000,000	516,000
				$      4,367,000	$     997,000

Discontinued_Operations_Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2014
Discontinued Operations [Abstract]
Schedule Of The Components Of Income From Discontinued Operations
		Years ended December 31,
		2014	2013	2012
	REVENUES
	Rents	$            2,698,000	$            9,963,000	$          20,608,000
	Expense recoveries and other	918,000	2,754,000	5,261,000
	Total revenues	3,616,000	12,717,000	25,869,000
	EXPENSES
	Operating, maintenance and management	783,000	3,655,000	7,475,000
	Real estate and other property-related taxes	555,000	2,632,000	4,184,000
	Depreciation and amortization	-	1,258,000	1,385,000
	Interest	631,000	2,455,000	7,299,000
	Early extinguishment of debt costs	-	437,000	-
	Total expenses	1,969,000	10,437,000	20,343,000
	INCOME FROM OPERATIONS	1,647,000	2,280,000	5,526,000
	IMPAIRMENT REVERSALS/(CHARGES), NET	47,000	-3,049,000	-284,000
	GAIN ON EXTINGUISHMENT OF DEBT OBLIGATIONS	1,423,000	10,452,000	-
	GAIN ON SALES	7,963,000	-	4,679,000
	TOTAL INCOME FROM DISCONTINUED OPERATIONS	$          11,080,000	$            9,683,000	$            9,921,000
Schedule Of Properties Sold, Classified As Discontinued Operations, 2014 Transactions
			Date	Sales		Gain on
	Property	Location	Sold	Price		Sale
	Harbor Square (f/k/a Shore Mall)	Egg Harbor, NJ	2/25/14	$  25,000,000		$               -
	McCormick Place	Olmstead, OH	5/6/14	2,679,000	(a)	-
	Gahanna Discount Drug Mart Plaza	Columbus, OH	5/27/14	4,982,000	(a)	-
	Townfair Center	Indiana, PA	5/29/14	22,600,000		1,472,000
	Lake Raystown Plaza	Huntingdon, PA	6/25/14	19,500,000		6,491,000
				$  74,761,000		$
						7,963,000
	(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.
Schedule Of Properties Sold, Classified As Discontinued Operations, 2013 Transactions
			Date	Sales		Gain on
	Property	Location	Sold	Price		Sale
	East Chestnut	Lancaster, PA	1/2/13	$    3,100,000		$               -
	Columbia Mall	Bloomsburg, PA	4/17/13	2,775,000		-
	Heritage Crossing	Limerick, PA	5/9/13	9,400,000		-
	Westlake Discount Drug Mart Plaza	Westlake, OH	6/5/13	2,240,000		-
	Dunmore Shopping Center	Dunmore, PA	11/8/13	4,000,000		-
	Roosevelt II	Philadelphia, PA	11/14/13	13,878,000	(a)	-
	Oakhurst Plaza	Harrisburg, PA	12/11/13	11,000,000		-
				$  46,393,000		$               -
	(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.
Schedule Of Properties Sold, Classified As Discontinued Operations, 2012 Transactions
			Date	Sales		Gain on
	Property	Location	Sold	Price		Sale
	Hilliard Discount Drug Mart Plaza	Hilliard, OH	2/7/12	$      1,434,000		$                -
	First Merit Bank at Akron	Akron, OH	2/23/12	633,000		-
	Grove City Discount Drug Mart Plaza	Grove City, OH	3/12/12	1,925,000		-
	CVS at Naugatuck	Naugatuck, CT	3/20/12	3,350,000		457,000
	CVS at Bradford	Bradford, PA	3/30/12	967,000		-
	CVS at Celina	Celina, OH	3/30/12	1,449,000		-
	CVS at Erie	Erie, PA	3/30/12	1,278,000		-
	CVS at Portage Trail	Akron, OH	3/30/12	1,061,000		-
	Rite Aid at Massillon	Massillon, OH	3/30/12	1,492,000		-
	Kingston Plaza	Kingston, NY	4/12/12	1,182,000		293,000
	Stadium Plaza	East Lansing, MI	5/3/12	5,400,000		-
	Homburg Joint Venture (seven properties)	Various	10/12/12	23,642,000		3,929,000
	The Point at Carlisle	Carlisle, PA	10/15/12	7,350,000		-
				$    51,163,000		$ 4,679,000

Investment_In_CedarRioCan_Join1

Investment In Cedar/RioCan Joint Venture (Tables)	12 Months Ended
	Dec. 31, 2014
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
		(Sale Date)
	Revenues	$      49,341,000
	Property operating and other expenses	-4,373,000
	Management fees	-1,653,000
	Real estate taxes	-5,941,000
	Acquisition transaction costs	-964,000
	General and administrative	-174,000
	Depreciation and amortization	-15,769,000
	Interest and other non-operating expenses, net	-13,027,000
	Net income	$        7,440,000
	The Company's share of net income	$        1,481,000

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2014
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-14
	Description		Level 1		Level 2		Level 3		Total
	Investments related to share-
	based compensation liabilities (a)	$	492,000	$	-	$	-	$	492,000
	Share-based compensation liabilities (b)	$	487,000	$	-	$	-	$	487,000
	Interest rate swaps liability (b)	$	-	$	2,777,000	$	-	$	2,777,000
			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
	(a) Included in other assets and deferred charges, net 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-14
	Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	3,424,000	$	13,084,000	$	16,508,000
			31-Dec-13
	Description		Level 1		Level 2		Level 3		Total
	Real estate held for sale/conveyance	$	-	$	-	$	70,757,000	$	70,757,000
Quantitative Information Regarding Level 3 Assets Measured At Fair Value On Non-recurring Basis
	Quantitative Information about Level 3 Fair Value Measurements
			31-Dec-14
					Valuation		Unobservable
	Description		Fair value		Technique		inputs		Rate
	Retail property		$                   13,084,000		Discounted cash flow		Capitalization rate		8.30%
							Discount rate		9.60%
			31-Dec-13
					Valuation		Unobservable		Range
	Description		Fair value		Technique		inputs		(weighted average)
	Retail properties (six properties)		$                   70,210,000		Discounted cash flow		Capitalization rate		7.8% to 11.0% (8.2%)
							Discount rate		9.2% to 11.6% (9.4%)
	Land parcel		547,000		Sale comparison approach		Price per acre		$35,000 per acre
			$                   70,757,000

Receivables_Tables

Receivables (Tables)	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Components Of Receivables
		December 31,
		2014	2013
	Rents and other receivables, net	$         3,479,000	$        3,282,000
	Straight-line rents	14,926,000	15,210,000
		$       18,405,000	$      18,492,000

Other_Assets_And_Deferred_Char1

Other Assets And Deferred Charges, Net (Tables)	12 Months Ended
	Dec. 31, 2014
Other Assets And Deferred Charges, Net [Abstract]
Components Of Other Assets And Deferred Charges, Net
			December 31,
			2014		2013
	Lease origination costs (a)		$       18,180,000		$      15,187,000
	Financing costs		4,256,000		5,194,000
	Prepaid expenses		6,689,000		5,234,000
	Leasehold improvements, furniture and fixtures		761,000		1,020,000
	Investments related to share-based compensation		492,000		435,000
	Other		1,168,000		1,225,000
	Total other assets and deferred charges, net		$       31,546,000		$      28,295,000
		(a)		Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $8.4 million (cost of $20.7 million and accumulated amortization of $12.3 million) and $5.6 million (cost of $17.5 million and accumulated amortization of $11.9 million), respectively.
Schedule Of Future Charges Of Unamortized Balances Of Deferred Lease Origination Costs And Deferred Financing Costs
			Lease
			origination		Financing
			costs		costs
	2015		$     2,788,000		$   1,811,000
	2016		2,372,000		1,206,000
	2017		1,804,000		438,000
	2018		1,477,000		356,000
	2019		1,229,000		175,000
	Thereafter		8,510,000		270,000
			$   18,180,000		$   4,256,000

Mortgage_Loans_Payable_And_Uns1

Mortgage Loans Payable And Unsecured Credit Facilities (Tables)	12 Months Ended
	Dec. 31, 2014
Mortgage Loans Payable And Unsecured Credit Facilities [Abstract]
Schedule Of Debt Related To Continuing Operations
			31-Dec-14						31-Dec-13
					Interest rates						Interest rates
			Balance		Weighted				Balance		Weighted
	Description		outstanding		average		Range		outstanding		average		Range
	Fixed-rate mortgages		$           393,388,000		5.40%		3.1% - 7.5%		$           458,207,000		5.50%		3.1% - 7.5%
	Variable-rate mortgage		-		-				58,085,000		2.90%
	Total property-specific mortgages		393,388,000		5.40%				516,292,000		5.20%
	Unsecured credit facilities:
	Revolving facility		72,000,000		1.90%				153,500,000		2.30%
	Term loan		50,000,000		1.90%				50,000,000		2.30%
	Term loan		75,000,000		3.20%				-		-
	Term loan		75,000,000		4.10%				-		-
			272,000,000		2.80%				203,500,000		2.30%
			$           665,388,000		4.30%				$           719,792,000		4.30%
Schedule Of Mortgage Loan Activity
			Years ended December 31,
			2014		2013
	Balance, beginning of year		$    516,292,000		$    589,168,000
	Mortgages on properties held for sale		-15,249,000		-
	Mortgage loan assumptions		53,439,000		-
	Repayments		-161,094,000		-72,876,000
	Balance, end of the year		$    393,388,000		$    516,292,000
Schedule Of Mortgage Loans Payable Repaid
			Repayment		Maturity		Principal Payoff
	Property		Date		Date		Amount
	2014
	Virginia Little Creek		3-Feb-14		1-Sep-21		$            295,000
	Upland Square		11-Feb-14		26-Oct-14		$       57,839,000
	Kings Plaza		1-Apr-14		1-Jul-14		$         7,188,000
	Coliseum Marketplace		1-Apr-14		1-Jul-14		$       11,045,000
	Liberty Marketplace		1-Apr-14		1-Jul-14		$         8,171,000
	Trexler Mall		11-May-14		11-May-14		$       19,479,000
	Yorktowne Plaza		2-Jun-14		1-Jul-14		$       18,726,000
	Quartermaster Plaza		5-Jun-14		1-Oct-14		$       11,217,000
	Fieldstone Marketplace		11-Jul-14		11-Jul-14		$       16,878,000
	Mechanicsburg Center		1-Aug-14		1-Nov-14		$         8,215,000
	Smithfield Plaza		21-Oct-14		11-May-16		$         6,616,000
	Elmhurst Square		11-Dec-14		11-Dec-14		$         3,638,000
	2013
	East Chestnut		2-Jan-13		1-Apr-18		$         1,538,000
	Academy Plaza		10-Jan-13		10-Mar-13		$         8,633,000
	Fort Washington		29-Jan-13		29-Jan-13		$         5,384,000
	General Booth		1-Feb-13		1-Aug-13		$         4,960,000
	Kempsville Crossing		1-Feb-13		1-Aug-13		$         5,592,000
	Smithfield Plaza		1-Feb-13		1-Aug-13		$         3,200,000
	Suffolk Plaza		1-Feb-13		1-Aug-13		$         4,185,000
	Virginia Little Creek		1-Feb-13		1-Aug-13		$         4,484,000
	Carbondale Plaza		17-Jun-13		1-May-15		$         4,721,000
	Port Richmond		30-Jul-13		1-Aug-13		$       13,690,000
	Timpany Plaza		1-Nov-13		1-Jan-14		$         7,610,000
Schedule Of Debt Included In Discontinuing Operations
			31-Dec-13
					Interest rates
			Balance		Weighted
	Description		outstanding		average		Range
	Fixed-rate mortgages (a)		$       22,848,000		5.40%		5.2% - 6.1%
	(a) At December 31, 2013, the Company had a mortgage loan payable of approximately $11.9 million, 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
	2015		$    110,479,000	(a)
	2016		133,018,000
	2017		62,923,000
	2018		20,158,000
	2019		149,037,000	(b)
	Thereafter		189,773,000	(c)
			$    665,388,000
	(a) To be substantially refinanced with the proceeds from unsecured term loans which closed on February 5, 2015.
	(b) As amended on February 5, 2015, includes $72.0 million applicable to the unsecured revolving credit facility, subject to a one-year extension option, originally due in 2016.
	(c)  As amended on February 5, 2015, includes $50.0 million applicable to a term loan originally due in 2018.
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		2014		Count		2013		date		location	2014	2013
	Qualifying	Interest rate swaps		2		$              150,000,000		-		$                     -		2019/2021		Accounts payable and accrued liabilities	$       2,777,000	$                     -
	Qualifying	Interest rate swap		-		$                                -		1		$     11,894,000	(a)	-		Accounts payable and accrued liabilities	$                     -	$          647,000
	(a) Amount is an interest rate swap related to mortgage loans payable - real estate held for sale/conveyance on the consolidated balance sheet.
Effect Of The Derivative Financial Instruments On The Consolidated Statements Of Operations And Consolidated Statements Of Equity
					Gain (loss) recognized in other
					comprehensive income
					(effective portion)
	Designation/				Years ended December 31,
	Cash flow		Derivative		2014		2013
	Qualifying		Interest rate swaps		$                  (3,650,000)		$                      202,000
					Gain (loss) recognized in other
					comprehensive income
					reclassified into earnings (effective portion)
					Years ended December 31,
			Classification		2014		2013
			Continuing Operations		$                   1,663,000		$                      749,000
			Discontinued Operations		$                      129,000		$                      309,000

Intangible_Lease_AssetLiabilit1

Intangible Lease Asset/Liability (Tables)	12 Months Ended
	Dec. 31, 2014
Intangible Lease Asset/Liability [Abstract]
Schedule Of Unamortized Balance Of Intangible Lease Liabilities Net
	2015	$       3,230,000
	2016	2,722,000
	2017	2,451,000
	2018	2,198,000
	2019	1,799,000
	Thereafter	11,376,000
		$     23,776,000

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2014
Shareholders' Equity [Abstract]
Schedule Of Dividends
		Years ended December 31,
		2014	2013	2012
	Common stock	$                     0.200	$                     0.200	$                     0.200
	Cumulative Redeemable Preferred Stock:
	8.875% Series A	$                             -	$                             -	$                     2.219
	7.250% Series B	$                     1.812	$                     1.812	$                     0.906

Revenues_Tables

Revenues (Tables)	12 Months Ended
	Dec. 31, 2014
Revenues [Abstract]
Schedule Of Rent Revenues
		Years ended December 31,
		2014	2013	2012
	Base rents	$        110,739,000	$        103,721,000	$          96,897,000
	Percentage rent	683,000	804,000	1,001,000
	Straight-line rents	761,000	1,387,000	930,000
	Amortization of intangible lease liabilities	4,322,000	4,441,000	5,359,000
	Total rents	$        116,505,000	$        110,353,000	$        104,187,000
Schedule Of Annual Future Base Rents Due To Be Received
	2015	$           106,034,000
	2016	96,504,000
	2017	85,264,000
	2018	76,439,000
	2019	63,524,000
	Thereafter	301,207,000
		$           728,972,000

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2014
Share-Based Compensation [Abstract]
Schedule Of Share-Based Compensation Information
		Years ended December 31,
		2014	2013	2012
	Expense relating to share grants (a)	$          3,761,000	$             4,108,000	$             3,903,000
	Adjustments to reflect changes in market price of
	Company's common stock	-	-	10,000
	Amounts capitalized	-230,000	-407,000	-352,000
	Total charged to operations  (b)	$          3,531,000	$             3,701,000	$             3,561,000
			Weighted average
		Shares	grant date value
	Unvested shares, December 31, 2013	3,690,000	$                      4.89
	Restricted share grants	133,000	6.32
	Vested during period	-150,000	5.80
	Forfeitures/cancellations	-7,000	4.39
	Unvested shares, December 31, 2014	3,666,000	$                      4.90
	(a) 2012 includes expense relating to equity and liability awards, as discussed below.
	(b) 2012 includes $362,000 applicable to accelerated vestings that are included in employee termination costs.

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Schedule Of Calculation Of Numerator And Denominator In Earnings Per Share
		Years ended December 31,
		2014	2013	2012
	Numerator
	Income from continuing operations	$            17,611,000	$              4,519,000	$            24,094,000
	Preferred stock dividends	-14,408,000	-14,413,000	-14,819,000
	Preferred stock redemption costs	-	-1,166,000	-4,998,000
	Net loss attributable to noncontrolling interests	358,000	247,000	375,000
	Net earnings allocated to unvested shares	-734,000	-758,000	-806,000
	Income (loss) from continuing operations attributable to vested
	common shares	2,827,000	-11,571,000	3,846,000
	Income from discontinued operations, net of noncontrolling
	interests, attributable to vested common shares	11,012,000	9,682,000	5,237,000
	Net income (loss) attributable to vested common shares outstanding	$            13,839,000	$             (1,889,000)	$              9,083,000
	Denominator
	Weighted average number of vested common shares outstanding	75,311,000	68,381,000	68,017,000
	Earnings (loss) per vested common share, basic and diluted
	Continuing operations	$                       0.04	$                      (0.17)	$                       0.05
	Discontinued operations	$                       0.14	$                       0.14	$                       0.08
		$                       0.18	$                      (0.03)	$                       0.13

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2014
Selected Quarterly Financial Data [Abstract]
Schedule Of Selected Quarterly Financial Data
		Quarter ended
	Year	31-Mar	30-Jun	30-Sep	31-Dec
	2014
	Revenues as previously reported	$       37,347,000	$       37,069,000	$       36,261,000	$       36,665,000
	Revenues from discontinued operations and reclassifications (a)	365,000	239,000	238,000	-
	Revenues	$       37,712,000	$       37,308,000	$       36,499,000	$       36,665,000
	Net income	$         1,710,000	$       16,992,000	$         5,709,000	$         4,280,000
	Net (loss) income attributable to common shareholders	$       (1,815,000)	$       13,458,000	$         2,183,000	$            747,000
	Per common share (basic and diluted) (b)	$                (0.03)	$                  0.17	$                  0.03	$                  0.01
	2013
	Revenues as previously reported	$       35,559,000	$       33,921,000	$       34,178,000	$       35,166,000
	Revenues from discontinued operations and reclassifications (a)	65,000	189,000	270,000	250,000
	Revenues	$       35,624,000	$       34,110,000	$       34,448,000	$       35,416,000
	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
	(a) Represents revenues which were previously reported in discontinued operations.
	(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, 2014	Dec. 31, 2013
	property
Business And Organization [Abstract]
Number of properties	59
Company's interest in Operating Partnership	99.50%
Limited partners' interest in Operating Partnership	0.50%
OP units outstanding	393,000	270,000

Summary_Of_Significant_Account3

Summary Of Significant Accounting Policies (Narrative) (Details) (USD $)	12 Months Ended			0 Months Ended	1 Months Ended	0 Months Ended	1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 23, 2015	30-May-13	Oct. 31, 2013	Oct. 31, 2013	Oct. 09, 2012
	property				item
Summary Of Significant Accounting Policies [Line Items]
Number of properties	59
Purchase price of acquired property	$38,861,000	$32,818,000
Depreciation expense	35,000,000	41,100,000	40,000,000
Cash at consolidated joint ventures	800,000	1,500,000
Allowance for doubtful accounts receivable	4,300,000	5,100,000
Provision for doubtful accounts included in operating, maintenance and management expenses	1,900,000	1,800,000	1,900,000
2012 Stock Incentive Plan [Member]
Summary Of Significant Accounting Policies [Line Items]
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
General Partner [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of properties	2
New London Joint Venture [Member] | Subsequent Event [Member]
Summary Of Significant Accounting Policies [Line Items]
Acquired ownership percentage in joint venture				60.00%
RioCan Real Estate Investment Trust [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage								20.00%
Homburg Joint Venture [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	20.00%
Number of properties	9
Variable Interest Entity, Primary Beneficiary [Member] | Other Ownership Interest [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	60.00%
VIE real estate owned carrying value	40,500,000
VIE mortgage payable	0
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Real estate investments useful life	3 years
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Real estate investments useful life	40 years
New London Mall And San Souci Plaza [Member] | General Partner [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	40.00%
New London Mall [Member] | Subsequent Event [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage				100.00%
Purchase price of acquired property				27,300,000
Amount of purchase price paid in cash				10,900,000
Amount of purchase price representing 60% share of in-place mortgage financing				16,400,000
Percentage of share of in-place mortgage financing				60.00%
Heritage Crossings And Upland Square Projects [Member] | Other Ownership Interest [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of joint ventures					2
Joint venture ownership percentage					60.00%
Upland Square [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership percentage	60.00%
Acquired ownership percentage in joint venture						40.00%	40.00%
Investments in and advances to unconsolidated joint ventures						$1,600,000

Summary_Of_Significant_Account4

Summary Of Significant Accounting Policies (Supplemental Consolidated Statements Of Cash Flows Information) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Supplemental disclosure of cash activities:
Cash paid for interest	$32,275,000	$36,114,000	$43,663,000
Supplemental disclosure of non-cash activities:
Capitalization of interest and financing costs	757,000	915,000	1,314,000
Mortgage loans payable assumed upon acquisition	-53,439,000
Mortgage loans payable assumed by buyer	15,557,000		76,632,000
Conversions of OP Units into common stock	371,000	24,000	7,895,000
Issuance of OP Units in connection with a property acquisition		-1,500,000
Deed-in-lieu of foreclosure of properties:
Real estate transferred	-6,238,000	-4,724,000
Mortgage loan payable and related obligations settled	7,661,000	13,878,000
Acquisition of noncontrolling interests in consolidated joint venture properties			7,595,000
Disposition of noncontrolling interests in consolidated joint venture properties			-36,840,000
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)

Real_Estate_Narrative_Details

Real Estate (Narrative) (Details) (USD $)	0 Months Ended	12 Months Ended			0 Months Ended	1 Months Ended	0 Months Ended			3 Months Ended
	Nov. 18, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 31, 2013	Oct. 31, 2013	Mar. 21, 2014	Oct. 10, 2012	Oct. 12, 2012	Mar. 31, 2013
Real Estate Properties [Line Items]
Purchase price of acquired property		$38,861,000	$32,818,000
Acquisition of noncontrolling interest			-1,552,000	-6,148,000
Acquisition costs	200,000	2,870,000	182,000	116,000
Issuance of OP Units in connection with a property acquisition, value			-1,500,000
Issuance of OP Units in connection with a property acquisition		393,000	270,000
Assets of properties held for sale/conveyance		14,600,000
Impairment charges/(reversal), net		3,148,000	-172,000	5,499,000
Upland Square [Member]
Real Estate Properties [Line Items]
Percentage of joint venture ownership		60.00%
Acquired ownership percentage in joint venture					40.00%	40.00%
Payments to acquire interest in joint ventures					1,600,000
Mortgage maturity date		26-Oct-14
Quartermaster Plaza [Member]
Real Estate Properties [Line Items]
Purchase price of acquired property							92,300,000
Mortgage amount							53,400,000
Mortgage maturity date		1-Oct-14
Quartermaster Plaza [Member] | Mortgage Loan Payable Maturing October 2015 [Member]
Real Estate Properties [Line Items]
Mortgage amount							42,100,000
Mortgage interest rate							5.30%
Mortgage maturity date		1-Oct-15
Quartermaster Plaza [Member] | Mortgage Loan Payable Maturing October 2014 [Member]
Real Estate Properties [Line Items]
Mortgage amount							11,300,000
Mortgage interest rate							5.50%
Mortgage maturity date		1-Oct-14
Carbondale Plaza [Member]
Real Estate Properties [Line Items]
Mortgage maturity date			1-May-15
Franklin Village Plaza [Member]
Real Estate Properties [Line Items]
Purchase price of acquired property								75,100,000
Property ownership percentage								100.00%
Meadows Marketplace And Fieldstone Marketplace [Member]
Real Estate Properties [Line Items]
Acquired ownership percentage in joint venture									80.00%
Big Y Shopping Center [Member]
Real Estate Properties [Line Items]
Purchase price of acquired property	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, value	1,500,000
Issuance of OP Units in connection with a property acquisition	270,000
Continuing Operations [Member]
Real Estate Properties [Line Items]
Sales price of real estate sold		52,975,000	3,541,000	4,367,000
Impairment charges/(reversal), net		3,400,000								-1,100,000
Continuing Operations [Member] | Carbondale Plaza [Member]
Real Estate Properties [Line Items]
Sales price of real estate sold		10,700,000
Continuing Operations [Member] | Land Parcels [Member]
Real Estate Properties [Line Items]
Impairment charges/(reversal), net		($300,000)	$900,000	$1,100,000

Real_Estate_Real_Estate_And_Ac

Real Estate (Real Estate And Accumulated Depreciation) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cost
Balance, beginning of year	$1,450,951,000	$1,423,979,000
Properties held for sale	-81,223,000
Property acquired	91,241,000	34,666,000	76,185,000
Properties sold		-1,351,000
Impairments	-6,000	-928,000	-332,000
Improvements and betterments	15,210,000	13,581,000	27,142,000
Write-off of fully-depreciated assets		-18,996,000
Balance, end of year	1,476,173,000	1,450,951,000	1,423,979,000
Accumulated depreciation
Balance, beginning of the year	251,605,000	229,535,000
Properties held for sale	-18,523,000
Depreciation expense	34,129,000	41,066,000	40,026,000
Balance, end of the year	267,211,000	251,605,000	229,535,000
Net book value	$1,208,962,000	$1,199,346,000	$1,194,444,000

Real_Estate_Schedule_Of_Transa

Real Estate (Schedule Of Transactions Related To Properties Held For Sale/Conveyance) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]
Gain on sales	$6,413,000	$609,000	$997,000
Continuing Operations [Member]
Real Estate Properties [Line Items]
Sales price	52,975,000	3,541,000	4,367,000
Gain on sales	6,413,000	481,000	997,000
Continuing Operations [Member] | Fairview Plaza [Member]
Real Estate Properties [Line Items]
Date Sold	27-May-14
Sales price	12,450,000
Gain on sales	3,810,000
Continuing Operations [Member] | Carbondale Plaza [Member]
Real Estate Properties [Line Items]
Date Sold	18-Jul-14
Sales price	10,700,000
Gain on sales	123,000
Continuing Operations [Member] | Virginia Little Creek [Member]
Real Estate Properties [Line Items]
Date Sold	22-Aug-14
Sales price	9,850,000
Gain on sales	2,209,000
Continuing Operations [Member] | Annie Land Plaza [Member]
Real Estate Properties [Line Items]
Date Sold	26-Sep-14
Sales price	3,500,000
Continuing Operations [Member] | Smithfield Plaza [Member]
Real Estate Properties [Line Items]
Date Sold	21-Oct-14
Sales price	12,350,000
Continuing Operations [Member] | St. James Square [Member]
Real Estate Properties [Line Items]
Date Sold	5-Nov-14
Sales price	4,125,000
Gain on sales	$271,000

Real_Estate_Schedule_Of_Land_P

Real Estate (Schedule Of Land Parcels Sold) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]
Gain on sales	$6,413,000	$609,000	$997,000
Continuing Operations [Member]
Real Estate Properties [Line Items]
Sales price	52,975,000	3,541,000	4,367,000
Gain on sales	6,413,000	481,000	997,000
Continuing Operations [Member] | Blue Mountain Commons Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold	22-Oct-14		19-Jun-12
Sales price	350,000		102,000
Gain on sales			79,000
Continuing Operations [Member] | Huntingdon Plaza Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold		29-Mar-13
Sales price		390,000
Gain on sales		266,000
Continuing Operations [Member] | Upland Square Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold		8-Nov-13
Sales price		1,700,000
Gain on sales		215,000
Continuing Operations [Member] | Oregon Pike Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold		23-Dec-13	28-Jun-12
Sales price		1,451,000	1,100,000
Continuing Operations [Member] | Trindle Springs Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold			20-Jul-12
Sales price			800,000
Continuing Operations [Member] | Aston Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold			27-Jul-12
Sales price			1,365,000
Gain on sales			402,000
Continuing Operations [Member] | Wyoming Land Parcel [Member]
Real Estate Properties [Line Items]
Date Sold			16-Nov-12
Sales price			1,000,000
Gain on sales			$516,000

Discontinued_Operations_Narrat

Discontinued Operations (Narrative) (Details) (USD $)

12 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Jun. 05, 2013

Jun. 30, 2013

Dec. 31, 2013

Oct. 12, 2012

Jun. 30, 2014

6-May-14

27-May-14

Nov. 14, 2013

Feb. 28, 2011

property

property

property

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

Net proceeds from sales of real estate

$102,124,000

$34,713,000

$34,858,000

Gain on extinguishment of debt obligations

1,423,000

10,452,000

Payments of mortgage loan payable

177,094,000

77,069,000

79,637,000

Number of properties

59

Increase in shareholders' equity

-1,552,000

-6,148,000

Gain on sales

7,963,000

4,679,000

McCormick Place [Member]

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

Mortgage loans payable and accrued interest for properties under conveyance process

2,700,000

Carrying value of property held for sale

1,800,000

Gahanna Discount Drug Mart Plaza [Member]

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

Mortgage loans payable and accrued interest for properties under conveyance process

5,000,000

Carrying value of property held for sale

4,300,000

Westlake Discount Drug Mart Plaza [Member]

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

Mortgage loans payable and accrued interest for properties under conveyance process

3,400,000

Net proceeds from sales of real estate

2,100,000

Gain on extinguishment of debt obligations

1,300,000

Payments of mortgage loan payable

2,100,000

Roosevelt II [Member]

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

Mortgage loans payable and accrued interest for properties under conveyance process

13,900,000

Carrying value of property held for sale

4,700,000

Gain on extinguishment of debt obligations

9,200,000

Homburg Joint Venture [Member]

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

Number of properties

9

Meadows Marketplace And Fieldstone Marketplace [Member]

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

Number of properties acquired

2

Acquired ownership percentage in joint venture

80.00%

Purchase price of acquired property

27,300,000

Assumption of mortgage financing related to the exchange agreement

21,800,000

Property ownership percentage

100.00%

Increase in shareholders' equity

7,600,000

Discontinued Operations [Member]

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

Sales price

74,761,000

46,393,000

51,163,000

Gain on sales

7,963,000

4,679,000

Discontinued Operations [Member] | McCormick Place [Member]

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

Gain on extinguishment of debt obligations

800,000

Sales price

2,679,000

Discontinued Operations [Member] | Gahanna Discount Drug Mart Plaza [Member]

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

Gain on extinguishment of debt obligations

600,000

Sales price

4,982,000

Discontinued Operations [Member] | Harbor Square (f/k/a Shore Mall) [Member]

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

Sales price

25,000,000

Discontinued Operations [Member] | Westlake Discount Drug Mart Plaza [Member]

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

Sales price

2,240,000

Discontinued Operations [Member] | Roosevelt II [Member]

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

Sales price

13,878,000

Discontinued Operations [Member] | Homburg Joint Venture [Member]

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

Number of properties

7

Number of properties sold

7

Property ownership percentage sold

20.00%

Sales price

23,642,000

Mortgage financing transferred

14,500,000

Gain on sales

$3,929,000

Discontinued_Operations_Schedu

Discontinued Operations (Schedule Of The Components Of Income From Discontinued Operations) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
REVENUES
Rents	$2,698,000	$9,963,000	$20,608,000
Expense recoveries and other	918,000	2,754,000	5,261,000
Total revenues	3,616,000	12,717,000	25,869,000
EXPENSES
Operating, maintenance and management	783,000	3,655,000	7,475,000
Real estate and other property-related taxes	555,000	2,632,000	4,184,000
Depreciation and amortization		1,258,000	1,385,000
Interest	631,000	2,455,000	7,299,000
Early extinguishment of debt costs, net		437,000
Total expenses	1,969,000	10,437,000	20,343,000
INCOME FROM OPERATIONS	1,647,000	2,280,000	5,526,000
Impairment reversals (charges), net	47,000	-3,049,000	-284,000
Gain on extinguishment of debt obligations	1,423,000	10,452,000
GAIN ON SALES	7,963,000		4,679,000
Total income from discontinued operations	$11,080,000	$9,683,000	$9,921,000

Discontinued_Operations_Schedu1

Discontinued Operations (Schedule Of Properties Sold, Classified As Discontinued Operations) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2012	Dec. 31, 2013	Feb. 28, 2011
	property			property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sales	$7,963,000	$4,679,000
Number of properties	59
Homburg Joint Venture [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of properties				9
Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price	74,761,000	51,163,000	46,393,000
Gain on sales	7,963,000	4,679,000
Discontinued Operations [Member] | Hilliard Discount Drug Mart Plaza [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
Date Sold		12-Oct-12
Sales price		23,642,000
Gain on sales		3,929,000
Number of properties		7
Discontinued Operations [Member] | The Point At Carlisle [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold		15-Oct-12
Sales price		7,350,000
Discontinued Operations [Member] | East Chestnut [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
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]
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]
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]
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]
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]
Date Sold			14-Nov-13
Sales price			13,878,000
Discontinued Operations [Member] | Oakhurst Plaza [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold			11-Dec-13
Sales price			11,000,000
Discontinued Operations [Member] | Harbor Square (f/k/a Shore Mall) [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold	25-Feb-14
Sales price	25,000,000
Discontinued Operations [Member] | McCormick Place [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold	6-May-14
Sales price	2,679,000
Discontinued Operations [Member] | Gahanna Discount Drug Mart Plaza [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold	27-May-14
Sales price	4,982,000
Discontinued Operations [Member] | Townfair Center [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold	29-May-14
Sales price	22,600,000
Gain on sales	1,472,000
Discontinued Operations [Member] | Lake Raystown Plaza [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Date Sold	25-Jun-14
Sales price	19,500,000
Gain on sales	$6,491,000

Investment_In_CedarRioCan_Join2

Investment In Cedar/RioCan Joint Venture (Narrative) (Details) (USD $)	12 Months Ended		0 Months Ended
	Dec. 31, 2012	Dec. 31, 2013	Oct. 10, 2012	Dec. 31, 2014	Oct. 09, 2012
				property	property
Schedule of Equity Method Investments [Line Items]
Number of properties				59
Gain on exit from unconsolidated joint ventures	$30,526,000
Cedar/Rio Can Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of joint venture ownership					20.00%
Number of properties					22
Management fee revenue	2,800,000	200,000
Rio Can [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of joint venture ownership					80.00%
Franklin Village Plaza [Member]
Schedule of Equity Method Investments [Line Items]
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

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, 2012
Investment In Cedar/RioCan Joint Venture [Abstract]
Revenues	$49,341,000
Property operating and other expenses	-4,373,000
Management fees	-1,653,000
Real estate taxes	-5,941,000
Acquisition transaction costs	-964,000
General and administrative	-174,000
Depreciation and amortization	-15,769,000
Interest and other non-operating expenses, net	-13,027,000
Net income	7,440,000
The Company's share of net income	$1,481,000	$1,481,000

Fair_Value_Measurements_Narrat

Fair Value Measurements (Narrative) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Fair Value Measurements [Abstract]
Fair value of fixed rate mortgage loans payable	$410.80	$495.10
Carrying value of fixed rate mortgage payable	$393.40	$481.10

Fair_Value_Measurements_Schedu

Fair Value Measurements (Schedule Of Assets And Liabilities Measured At A Fair Value On Recurring Basis) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments related to share-based compensation liabilities	$492,000	$435,000
Share-based compensation liabilities	487,000	426,000
Interest rate swaps liability	2,777,000	647,000
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	492,000	435,000
Share-based compensation liabilities	487,000	426,000
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swaps liability	2,777,000	647,000
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
Share-based compensation liabilities
Interest rate swaps liability

Fair_Value_Measurements_Schedu1

Fair Value Measurements (Schedule Of Assets Measured At A Fair Value On Non-recurring Basis) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Real estate held for sale/conveyance	$16,508,000	$70,757,000
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	3,424,000
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	$13,084,000	$70,757,000

Fair_Value_Measurements_Quanti

Fair Value Measurements (Quantitative Information Regarding Level 3 Assets Measured At Fair Value On Non-recurring Basis) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Real estate held for sale/conveyance	$70,757,000	$16,508,000
Number of properties		59
Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Real estate held for sale/conveyance	70,757,000	13,084,000
Fair Value, Inputs, Level 3 [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Price per acre	35,000
Operating retail real estate [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Number of properties	6
Operating retail real estate [Member] | Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Real estate held for sale/conveyance	70,210,000	13,084,000
Capitalization rates		8.30%
Discount rates		9.60%
Operating retail real estate [Member] | Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Capitalization rates	7.80%
Discount rates	9.20%
Operating retail real estate [Member] | Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Capitalization rates	11.00%
Discount rates	11.60%
Operating retail real estate [Member] | Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Weighted Average [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Capitalization rates	8.20%
Discount rates	9.40%
Land [Member] | Fair Value, Inputs, Level 3 [Member] | Sales Comparison Approach Valuation Technique [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Real estate held for sale/conveyance	$547,000

Concentration_Of_Credit_Risk_D

Concentration Of Credit Risk (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Concentration Risk [Line Items]
Number of properties	59
Pennsylvania [Member]
Concentration Risk [Line Items]
Number of properties	26
Revenues [Member] | Ahold N.V. [Member]
Concentration Risk [Line Items]
Percentage of concentration risk	14.00%	15.00%	14.00%

Receivables_Details

Receivables (Details) (USD $)	12 Months Ended			3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013	Mar. 28, 2013
Receivables [Line Items]
Rents and other receivables, net	$3,479,000	$3,282,000
Straight-line rents	14,926,000	15,210,000
Receivables	18,405,000	18,492,000
Loan to developers			4,100,000
Impairment charge of mortgage loan receivable			4,400,000
Sale price of property sold					1,100,000
Amount accepted in full satisfaction of loan					1,100,000
Impairment charges/(reversal), net	3,148,000	-172,000	5,499,000
Continuing Operations [Member]
Receivables [Line Items]
Impairment charges/(reversal), net	$3,400,000			($1,100,000)

Other_Assets_And_Deferred_Char2

Other Assets And Deferred Charges, Net (Narrative) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other Assets And Deferred Charges, Net [Abstract]
Amortization expense of deferred charges	$5.60	$5.20	$7.90
Accumulated amortization of deferred lease origination costs	22.4
Accumulated amortization of deferred financing costs	$11.90

Other_Assets_And_Deferred_Char3

Other Assets And Deferred Charges, Net (Components Of Other Assets And Deferred Charges, Net) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Deferred Costs And Other Assets [Line Items]
Lease origination costs	$18,180,000	$15,187,000
Financing costs	4,256,000	5,194,000
Prepaid expenses	6,689,000	5,234,000
Leasehold improvements, furniture and fixtures	761,000	1,020,000
Investments related to share-based compensation	492,000	435,000
Other	1,168,000	1,225,000
Total other assets and deferred charges, net	31,546,000	28,295,000
Accumulated amortization of intangible lease assets	22,400,000
Intangible Lease Assets [Member]
Deferred Costs And Other Assets [Line Items]
Deferred charges, net	8,400,000	5,600,000
Cost of intangible lease assets	20,700,000	17,500,000
Accumulated amortization of intangible lease assets	$12,300,000	$11,900,000

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, 2014	Dec. 31, 2013
Other Assets And Deferred Charges, Net [Abstract]
Lease origination costs, 2015	$2,788,000
Lease origination costs, 2016	2,372,000
Lease origination costs, 2017	1,804,000
Lease origination costs, 2018	1,477,000
Lease origination costs, 2019	1,229,000
Lease origination costs, thereafter	8,510,000
Lease origination costs	18,180,000	15,187,000
Financing costs, 2015	1,811,000
Financing costs, 2016	1,206,000
Financing costs, 2017	438,000
Financing costs, 2018	356,000
Financing costs, 2019	175,000
Financing costs, thereafter	270,000
Financing costs	$4,256,000	$5,194,000

Mortgage_Loans_Payable_And_Uns2

Mortgage Loans Payable And Unsecured Credit Facilities (Narrative) (Details) (USD $)	12 Months Ended	0 Months Ended		12 Months Ended
	Dec. 31, 2014	Feb. 05, 2015	Feb. 11, 2014	Dec. 31, 2013	Dec. 31, 2012	29-May-14	Aug. 13, 2013
Line of Credit Facility [Line Items]
Mortgage loan payable collateralized by sale of property	$393,388,000			$516,292,000	$589,168,000
Liability recorded for sale of property	711,528,000			796,278,000
Fair value of interest rate swaps included in accounts payable and accrued liabilities	2,777,000			647,000
Approximate amount of accumulated other comprehensive loss to be reclassified into earnings	2,700,000
Subsequent Event [Member]
Line of Credit Facility [Line Items]
Term loan amount		50,000,000
Townfair Center [Member]
Line of Credit Facility [Line Items]
Liability recorded for sale of property						700,000
Interest Rate Swap [Member]
Line of Credit Facility [Line Items]
Fair value of interest rate swaps included in accounts payable and accrued liabilities	2,777,000
Interest Rate Swap [Member] | Townfair Center [Member]
Line of Credit Facility [Line Items]
Mortgage loan payable collateralized by sale of property						11,800,000
Unsecured Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility borrowing capacity							310,000,000
Term loan amount			150,000,000
Unsecured Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Term loan amount		100,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility expiration date	5-Feb-19
Extension period	1 year
Aggregate borrowing capacity including increase under accordion feature	750,000,000
Remaining borrowing capacity	187,700,000
Revolving Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Credit facility borrowing capacity		260,000,000
Basis spread on borrowings variable rate		150.00%
Minimum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	135.00%
Maximum [Member] | Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	195.00%
Term Loan [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate		145.00%
Term Loan [Member] | Unsecured Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility expiration date	5-Feb-20
Term Loan [Member] | Unsecured Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Term loan amount		50,000,000
Term Loan [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	130.00%
Term Loan [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	190.00%
Term Loan Maturing February 11, 2019 [Member]
Line of Credit Facility [Line Items]
Term loan amount			75,000,000
Debt term			5 years
Loan maturity date	11-Feb-19
Term Loan Maturing February 11, 2019 [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate		145.00%
Weighted-average interest rate		3.10%
Term Loan Maturing February 11, 2019 [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	130.00%
Term Loan Maturing February 11, 2019 [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	190.00%
Term Loan Maturing February 11, 2021 [Member]
Line of Credit Facility [Line Items]
Term loan amount			75,000,000
Debt term			7 years
Loan maturity date	11-Feb-21
Term Loan Maturing February 11, 2021 [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate		180.00%
Weighted-average interest rate		4.10%
Term Loan Maturing February 11, 2021 [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	170.00%
Term Loan Maturing February 11, 2021 [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	230.00%
Term Loan Maturing February 5, 2020 [Member]
Line of Credit Facility [Line Items]
Debt term	5 years
Loan maturity date	5-Feb-20
Weighted-average interest rate		2.90%
Term Loan Maturing February 5, 2020 [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Term loan amount		50,000,000
Basis spread on borrowings variable rate		145.00%
Term Loan Maturing February 5, 2020 [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	130.00%
Term Loan Maturing February 5, 2020 [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	190.00%
Term Loan Maturing February 5, 2022 [Member]
Line of Credit Facility [Line Items]
Debt term	7 years
Loan maturity date	5-Feb-22
Weighted-average interest rate		3.40%
Term Loan Maturing February 5, 2022 [Member] | Subsequent Event [Member]
Line of Credit Facility [Line Items]
Term loan amount		50,000,000
Basis spread on borrowings variable rate		170.00%
Term Loan Maturing February 5, 2022 [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	155.00%
Term Loan Maturing February 5, 2022 [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on borrowings variable rate	215.00%
Continuing Operations [Member]
Line of Credit Facility [Line Items]
Payments of early extinguishment of debt costs	825,000			106,000
Discontinued Operations [Member]
Line of Credit Facility [Line Items]
Payments of early extinguishment of debt costs				437,000
Mortgage loan payable collateralized by sale of property	$0

Mortgage_Loans_Payable_And_Uns3

Mortgage Loans Payable And Unsecured Credit Facilities (Schedule Of Debt Related To Continuing Operations) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Debt Instrument [Line Items]
Mortgage loans payable	$393,388,000	$516,292,000	$589,168,000
Credit facilities	72,000,000	153,500,000
Continuing Operations [Member]
Debt Instrument [Line Items]
Weighted average interest rate	4.30%	4.30%
Total debt	665,388,000	719,792,000
Continuing Operations [Member] | Fixed-Rate Mortgages [Member]
Debt Instrument [Line Items]
Mortgage loans payable	393,388,000	458,207,000
Weighted average interest rate	5.40%	5.50%
Interest rate, minimum	3.10%	3.10%
Interest rate, maximum	7.50%	7.50%
Continuing Operations [Member] | Variable-Rate Mortgage [Member]
Debt Instrument [Line Items]
Mortgage loans payable		58,085,000
Weighted average interest rate		2.90%
Continuing Operations [Member] | Total Property-Specific [Member]
Debt Instrument [Line Items]
Mortgage loans payable	393,388,000	516,292,000
Weighted average interest rate	5.40%	5.20%
Continuing Operations [Member] | Unsecured Credit Facility [Member]
Debt Instrument [Line Items]
Weighted average interest rate	2.80%	2.30%
Credit facilities	272,000,000	203,500,000
Continuing Operations [Member] | Unsecured Credit Facility [Member] | Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Weighted average interest rate	1.90%	2.30%
Credit facilities	72,000,000	153,500,000
Continuing Operations [Member] | Unsecured Credit Facility [Member] | Term Loan One [Member]
Debt Instrument [Line Items]
Weighted average interest rate	1.90%	2.30%
Credit facilities	50,000,000	50,000,000
Continuing Operations [Member] | Unsecured Credit Facility [Member] | Term Loan Two [Member]
Debt Instrument [Line Items]
Weighted average interest rate	3.20%
Credit facilities	75,000,000
Continuing Operations [Member] | Unsecured Credit Facility [Member] | Term Loan Three [Member]
Debt Instrument [Line Items]
Weighted average interest rate	4.10%
Credit facilities	$75,000,000

Mortgage_Loans_Payable_And_Uns4

Mortgage Loans Payable And Unsecured Credit Facilities (Schedule Of Mortgage Loan Activity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Mortgage Loans Payable And Unsecured Credit Facilities [Abstract]
Balance, beginning of year	$516,292,000	$589,168,000
Mortgages on properties held for sale	-15,249,000
Mortgage loan assumptions	53,439,000
Repayments	-161,094,000	-72,876,000
Balance, end of the year	$393,388,000	$516,292,000

Mortgage_Loans_Payable_And_Uns5

Mortgage Loans Payable And Unsecured Credit Facilities (Schedule Of Mortgage Loans Payable Repaid) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Principal Payoff Amount	($161,094,000)	($72,876,000)
Virginia Little Creek [Member]
Debt Instrument [Line Items]
Repayment Date	3-Feb-14	1-Feb-13
Mortgage maturity date	1-Sep-21	1-Aug-13
Principal Payoff Amount	295,000	4,484,000
Upland Square [Member]
Debt Instrument [Line Items]
Repayment Date	11-Feb-14
Mortgage maturity date	26-Oct-14
Principal Payoff Amount	57,839,000
Kings Plaza [Member]
Debt Instrument [Line Items]
Repayment Date	1-Apr-14
Mortgage maturity date	1-Jul-14
Principal Payoff Amount	7,188,000
Coliseum Marketplace [Member]
Debt Instrument [Line Items]
Repayment Date	1-Apr-14
Mortgage maturity date	1-Jul-14
Principal Payoff Amount	11,045,000
Liberty Marketplace [Member]
Debt Instrument [Line Items]
Repayment Date	1-Apr-14
Mortgage maturity date	1-Jul-14
Principal Payoff Amount	8,171,000
Trexler Mall [Member]
Debt Instrument [Line Items]
Repayment Date	11-May-14
Mortgage maturity date	11-May-14
Principal Payoff Amount	19,479,000
Yorktowne Plaza [Member]
Debt Instrument [Line Items]
Repayment Date	2-Jun-14
Mortgage maturity date	1-Jul-14
Principal Payoff Amount	18,726,000
Quartermaster Plaza [Member]
Debt Instrument [Line Items]
Repayment Date	5-Jun-14
Mortgage maturity date	1-Oct-14
Principal Payoff Amount	11,217,000
Fieldstone Marketplace [Member]
Debt Instrument [Line Items]
Repayment Date	11-Jul-14
Mortgage maturity date	11-Jul-14
Principal Payoff Amount	16,878,000
Mechanicsburg Center [Member]
Debt Instrument [Line Items]
Repayment Date	1-Aug-14
Mortgage maturity date	1-Nov-14
Principal Payoff Amount	8,215,000
Smithfield Plaza [Member]
Debt Instrument [Line Items]
Repayment Date	21-Oct-14	1-Feb-13
Mortgage maturity date	11-May-16	1-Aug-13
Principal Payoff Amount	6,616,000	3,200,000
Elmhurst Square [Member]
Debt Instrument [Line Items]
Repayment Date	11-Dec-14
Mortgage maturity date	11-Dec-14
Principal Payoff Amount	3,638,000
East Chestnut [Member]
Debt Instrument [Line Items]
Repayment Date		2-Jan-13
Mortgage maturity date		1-Apr-18
Principal Payoff Amount		1,538,000
Academy Plaza [Member]
Debt Instrument [Line Items]
Repayment Date		10-Jan-13
Mortgage maturity date		10-Mar-13
Principal Payoff Amount		8,633,000
Fort Washington Center [Member]
Debt Instrument [Line Items]
Repayment Date		29-Jan-13
Mortgage maturity date		29-Jan-13
Principal Payoff Amount		5,384,000
General Booth Plaza [Member]
Debt Instrument [Line Items]
Repayment Date		1-Feb-13
Mortgage maturity date		1-Aug-13
Principal Payoff Amount		4,960,000
Kempsville Crossing [Member]
Debt Instrument [Line Items]
Repayment Date		1-Feb-13
Mortgage maturity date		1-Aug-13
Principal Payoff Amount		5,592,000
Suffolk Plaza [Member]
Debt Instrument [Line Items]
Repayment Date		1-Feb-13
Mortgage maturity date		1-Aug-13
Principal Payoff Amount		4,185,000
Carbondale Plaza [Member]
Debt Instrument [Line Items]
Repayment Date		17-Jun-13
Mortgage maturity date		1-May-15
Principal Payoff Amount		4,721,000
Port Richmond Village [Member]
Debt Instrument [Line Items]
Repayment Date		30-Jul-13
Mortgage maturity date		1-Aug-13
Principal Payoff Amount		13,690,000
Timpany Plaza [Member]
Debt Instrument [Line Items]
Repayment Date		1-Nov-13
Mortgage maturity date		1-Jan-14
Principal Payoff Amount		$7,610,000

Mortgage_Loans_Payable_And_Uns6

Mortgage Loans Payable And Unsecured Credit Facilities (Schedule Of Debt Included In Discontinuing Operations) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2012
Debt Instrument [Line Items]
Total property-specific mortgages, Balance outstanding	$516,292,000	$393,388,000	$589,168,000
Mortgage Loans On Real Estate Held For Sale	22,848,000
Discontinued Operations [Member]
Debt Instrument [Line Items]
Total property-specific mortgages, Balance outstanding		0
Discontinued Operations [Member] | Fixed-Rate Mortgages [Member]
Debt Instrument [Line Items]
Total property-specific mortgages, Balance outstanding	22,848,000
Weighted average interest rate	5.40%
Interest rate, minimum	5.20%
Interest rate, maximum	6.10%
Fixed annual interest rate	5.20%
Mortgage Loans On Real Estate Held For Sale	$11,900,000

Mortgage_Loans_Payable_And_Uns7

Mortgage Loans Payable And Unsecured Credit Facilities (Schedule Of Principal Payments On Mortgage Loans Payable And Credit Facility) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Feb. 05, 2015
Debt Instrument [Line Items]
2015	$110,479,000
2016	133,018,000
2017	62,923,000
2018	20,158,000
2019	149,037,000
Thereafter	189,773,000
Long-term debt	665,388,000
Mortgage loans subject to one-year extension option	72,000,000	153,500,000
Period of extension option	1 year
Subsequent Event [Member]
Debt Instrument [Line Items]
Mortgage loans subject to one-year extension option			72,000,000
Amount applicable to a term loan originally due in 2018			$50,000,000

Mortgage_Loans_Payable_And_Uns8

Mortgage Loans Payable And Unsecured Credit Facilities (Summary Of The Derivative Financial Instruments Held) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
		contract
Accounts Payable And Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Count	2	1
Notional values	150,000,000	$11,894,000
Fair value	2,777,000	$647,000
Interest Rate Swap One [Member]
Derivatives, Fair Value [Line Items]
Maturity date	2019
Interest Rate Swap Two [Member]
Derivatives, Fair Value [Line Items]
Maturity date	2021

Mortgage_Loans_Payable_And_Uns9

Mortgage Loans Payable And Unsecured Credit Facilities (Effect Of The Derivative Financial Instruments On The Consolidated Statements Of Operations And Consolidated Statements Of Equity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Derivative Instruments, Gain (Loss) [Line Items]
Net amount of gain (loss) recognized in other comprehensive income (effective portion)	($3,650,000)	$202,000
Net amount of gain (loss) recognized in other comprehensive income reclassified into earnings (effective portion)	32,301,000	34,762,000	38,289,000
Continuing Operations [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Net amount of gain (loss) recognized in other comprehensive income reclassified into earnings (effective portion)	1,663,000	749,000
Discontinued Operations [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Net amount of gain (loss) recognized in other comprehensive income reclassified into earnings (effective portion)	$129,000	$309,000

Intangible_Lease_AssetLiabilit2

Intangible Lease Asset/Liability (Narrative) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Intangible Lease Asset/Liability [Abstract]
Unamortized intangible lease liabilities	$23,776,000	$26,868,000
Unamortized intangible lease assets	100,000	200,000
Accumulated amortization	$46,500,000

Intangible_Lease_AssetLiabilit3

Intangible Lease Asset/Liability (Schedule Of Unamortized Balance Of Intangible Lease Liabilities Net) (Details) (USD $)	Dec. 31, 2014
Intangible Lease Asset/Liability [Abstract]
2015	$3,230,000
2016	2,722,000
2017	2,451,000
2018	2,198,000
2019	1,799,000
Thereafter	11,376,000
Unamortized intangible lease liabilities	$23,776,000

Commitments_And_Contingencies_

Commitments And Contingencies (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Commitments And Contingencies [Abstract]
2015	$463,000
2016	476,000
2017	489,000
2018	503,000
2019	517,000
2020	86,000
2015 - Adjustment	1,100,000
2016 - Adjustment	1,100,000
2017 - Adjustment	500,000
2018 - Adjustment	300,000
2019 - Adjustment	300,000
Thereafter - Adjustment	10,100,000
Rent expense	$1,300,000	$1,400,000	$1,400,000

Shareholders_Equity_Narrative_

Shareholders' Equity (Narrative) (Details) (USD $)	0 Months Ended			12 Months Ended		0 Months Ended
	Oct. 10, 2014	Jun. 30, 2014	Jan. 13, 2014	Dec. 31, 2014	Dec. 31, 2013	Feb. 12, 2013	Mar. 11, 2013	Jan. 24, 2015	Jan. 12, 2015
Class of Stock [Line Items]
Public offering, realized net proceeds, net offering expenses			$41,300,000
Public offering, shares			6,900,000	79,213,000	72,200,000
Shares issued to underwriters			900,000
At-the-market program, shares authorized				10,000,000
At-the-market program, shares sold				0
Stock price as percentage of market value				100.00%
Remaining shares authorized under DRIP				2,849,000
Redemptions of OP Units, shares	2,000	69,000			32,000
OP units converted				51,000	3,000
Number of OP units called by warrants				393,000	270,000
Accrued preferred stock dividends				1,600,000	1,600,000
Dividends payable, date declared				24-Jan-15
Dividends payable, date to be paid				20-Feb-15
Dividends payable, date of record				10-Feb-15
Series B [Member]
Class of Stock [Line Items]
Dividend rate percentage				7.25%
Liquidation preference, per share				$25	$25
Redemption price per share				$25
Shares issued in public offering						2,000,000
Public offering, per share						$24.58
Public offering, realized net proceeds, net offering expenses						47,600,000
Additional shares issued to underwriters						300,000
Net proceeds realized from issuance of additional shares to underwriters						7,100,000
ATM equity program, shares issued					221,000
ATM equity program, weighted average price per share					$24.52
ATM equity program, realized net proceeds, net offering expenses					5,200,000
Series A [Member]
Class of Stock [Line Items]
Dividend rate percentage				8.88%
Redemption price per share				$25
Shares of Redeemable Preferred Stock redeemed and purchased							1,408,000
Total cash outlay for Redeemable Preferred Stock shares redeemed and purchased							35,400,000
Limited Partners' Interest In Operating Partnership [Member]
Class of Stock [Line Items]
Cash outlay for redeemed OP units	13,000	424,000			170,000
Mezzanine OP Units [Member]
Class of Stock [Line Items]
Redemptions of OP Units, shares					30,000
Subsequent Event [Member]
Class of Stock [Line Items]
Public offering, realized net proceeds, net offering expenses									$41,900,000
Public offering, shares									5,750,000
Shares issued to underwriters									750,000
Common stock, dividends declared								$0.05
Subsequent Event [Member] | Series B [Member]
Class of Stock [Line Items]
Preferred stock dividends declared								$0.45

Shareholders_Equity_Schedule_O

Shareholders' Equity (Schedule Of Dividends) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Class of Stock [Line Items]
Common stock	$0.20	$0.20	$0.20
Series A [Member]
Class of Stock [Line Items]
Cumulative Redeemable Preferred Stock			$2.22
Dividend rate percentage	8.88%
Series B [Member]
Class of Stock [Line Items]
Cumulative Redeemable Preferred Stock	$1.81	$1.81	$0.91
Dividend rate percentage	7.25%

Revenues_Schedule_Of_Rent_Reve

Revenues (Schedule Of Rent Revenues) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Base rents	$110,739,000	$103,721,000	$96,897,000
Percentage rent	683,000	804,000	1,001,000
Straight-line rents	761,000	1,387,000	930,000
Amortization of intangible lease liabilities	4,322,000	4,441,000	5,359,000
Total rents	116,505,000	110,353,000	104,187,000
Lease termination income			3,000,000
Cedar/Rio Can Joint Venture [Member]
Management fee revenue			$2,800,000

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, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues [Abstract]
2015	$106,034,000
2016	96,504,000
2017	85,264,000
2018	76,439,000
2019	63,524,000
Thereafter	301,207,000
Future rents due to be received	728,972,000
Expense recoveries	$32,100,000	$29,500,000	$26,500,000

401k_Retirement_Plan_Details

401(k) Retirement Plan (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
401(k) Retirement Plan [Abstract]
Retirement plan, employer contribution amount	$279,000	$244,000	$253,000

Employee_Termination_Costs_Det

Employee Termination Costs (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Employee Termination Costs [Abstract]
Severance Costs	$106,000	$1,172,000

ShareBased_Compensation_Narrat

Share-Based Compensation (Narrative) (Details) (USD $)	12 Months Ended			13 Months Ended	1 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant date fair value per share	$6.32
Fair value of vested shares	$943,000	$1,863,000	$2,126,000
Accelerated vestings			362,000
Shares previously designated as equity and liability awards				2,000,000
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 Stock Incentive Plan	1,600,000
Aggregate cost of awards not yet recognized	8,600,000
Unrecognized cost recognition period	3 years 2 months 12 days
Accelerated vestings			$585,000
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] | 2012 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares issued	133,000	584,000	698,000
Weighted-average grant date fair value per share	$6.32	$5.65	$4.75

ShareBased_Compensation_Schedu

Share-Based Compensation (Schedule Of Share-Based Compensation Information) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-Based Compensation [Abstract]
Expense relating to share grants	$3,761,000	$4,108,000	$3,903,000
Adjustments to reflect changes in market price of Company's common stock			10,000
Amounts capitalized	-230,000	-407,000	-352,000
Total charged to operations	3,531,000	3,701,000	3,561,000
Accelerated vestings			$362,000
Unvested shares, December 31, 2013	3,690,000
Restricted share grants	133,000
Vested during period	-150,000
Forfeitures/cancellations	-7,000
Unvested shares, December 31, 2014	3,666,000	3,690,000
Unvested shares, December 31, 2013, weighted average grand date fair value	$4.89
Restricted share grants, weighted average grand date fair value	$6.32
Vested during period, weighted average grand date fair value	$5.80
Forfeitures/cancellations, weighted average grand date fair value	$4.39
Unvested shares, December 31, 2014, weighted average grand date fair value	$4.90	$4.89

Noncontrolling_Interest_Limite

Noncontrolling Interest - Limited Partners' Mezzanine OP Units (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Nonconcontrolling Interest - Limited Partners' Mezzanine OP Units [Abstract]
Balance, beginning of year	$414,000	$623,000
Net income (loss)	11,000	-2,000
Unrealized (loss) on change in fair value of cash flow hedges	-2,000
Total other comprehensive income (loss)	9,000	-2,000
Distributions	-12,000	-14,000
Redemptions of OP Units		-160,000
Reallocation adjustment of limited partners' interest	-15,000	-33,000
Balance, end of year	$396,000	$414,000

Earnings_Per_Share_Narrative_D

Earnings Per Share (Narrative) (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]
Weighted average nonvested restricted shares outstanding	3,700,000	3,800,000	3,300,000
Weighted average number of OP units outstanding	433,000	297,000	459,000

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, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]
Income from continuing operations									$17,611,000	$4,519,000	$24,094,000
Preferred stock dividends									-14,408,000	-14,413,000	-14,819,000
Preferred stock redemption costs										-1,166,000	-4,998,000
Net loss attributable to noncontrolling interests									358,000	247,000	375,000
Net earnings allocated to unvested shares									-734,000	-758,000	-806,000
Income (loss) from continuing operations attributable to vested common shares									2,827,000	-11,571,000	3,846,000
Income from discontinued operations, net of noncontrolling interests, attributable to vested common shares									11,012,000	9,682,000	5,237,000
Net income (loss) attributable to vested common shares outstanding									$13,839,000	($1,889,000)	$9,083,000
Weighted average number of vested common shares outstanding									75,311,000	68,381,000	68,017,000
Earnings (loss) per vested common share, basic and diluted
Continuing operations									$0.04	($0.17)	$0.05
Discontinued operations									$0.14	$0.14	$0.08
Earnings (loss) per vested common share, basic and diluted	$0.01	$0.03	$0.17	($0.03)	$0.03	($0.05)	$0.01	($0.02)	$0.18	($0.03)	$0.13

Selected_Quarterly_Financial_D2

Selected Quarterly Financial Data (Details) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Selected Quarterly Financial Data [Abstract]
Revenues as previously reported	$36,665,000	$36,261,000	$37,069,000	$37,347,000	$35,166,000	$34,178,000	$33,921,000	$35,559,000
Revenues from discontinued operations and reclassifications		238,000	239,000	365,000	250,000	270,000	189,000	65,000
Revenues	36,665,000	36,499,000	37,308,000	37,712,000	35,416,000	34,448,000	34,110,000	35,624,000	148,184,000	139,598,000	135,726,000
Net income					5,802,000	62,000	4,486,000	3,852,000	28,691,000	14,202,000	34,015,000
Net (loss) income attributable to common shareholders	$747,000	$2,183,000	$13,458,000	($1,815,000)	$2,283,000	($3,479,000)	$977,000	($912,000)	$14,573,000	($1,131,000)	$9,889,000
Per common share (basic and diluted)	$0.01	$0.03	$0.17	($0.03)	$0.03	($0.05)	$0.01	($0.02)	$0.18	($0.03)	$0.13

Schedule_III_Real_Estate_And_A1

Schedule III - Real Estate And Accumulated Depreciation (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Gross Leasable Area	9,246,984
Initial cost to the Company, Land	320,087,000
Initial cost to the Company, Building and Improvements	863,457,000
Subsequent cost capitalized	292,629,000
Gross carrying amount of Land	312,868,000
Gross carrying amount of building and improvements	1,163,305,000
SEC Schedule III, Real Estate, Gross, Total	1,476,173,000	1,450,951,000	1,423,979,000	1,321,083,000
Accumulated Depreciation	267,211,000	251,605,000	229,535,000	189,608,000
Amount of Encumbrance	393,388,000
Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Building and improvements estimated useful life	3 years
Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Building and improvements estimated useful life	40 years
Academy Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2001
Percent Owned	100.00%
Gross Leasable Area	137,415
Initial cost to the Company, Land	2,406,000
Initial cost to the Company, Building and Improvements	9,623,000
Subsequent cost capitalized	3,841,000
Gross carrying amount of Land	2,406,000
Gross carrying amount of building and improvements	13,464,000
SEC Schedule III, Real Estate, Gross, Total	15,870,000
Accumulated Depreciation	4,089,000
Academy Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1965
Academy Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2013
Big Y Shopping Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2013
Percent Owned	100.00%
Year built/Year last renovated	2007
Gross Leasable Area	101,105
Initial cost to the Company, Land	11,272,000
Initial cost to the Company, Building and Improvements	23,395,000
Gross carrying amount of Land	11,272,000
Gross carrying amount of building and improvements	23,395,000
SEC Schedule III, Real Estate, Gross, Total	34,667,000
Accumulated Depreciation	987,000
Camp Hill [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2002
Percent Owned	100.00%
Gross Leasable Area	461,560
Initial cost to the Company, Land	4,460,000
Initial cost to the Company, Building and Improvements	17,857,000
Subsequent cost capitalized	43,688,000
Gross carrying amount of Land	4,424,000
Gross carrying amount of building and improvements	61,581,000
SEC Schedule III, Real Estate, Gross, Total	66,005,000
Accumulated Depreciation	16,326,000
Amount of Encumbrance	62,464,000
Camp Hill [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1958
Camp Hill [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2005
Carll's Corner [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	129,582
Initial cost to the Company, Land	3,034,000
Initial cost to the Company, Building and Improvements	15,293,000
Subsequent cost capitalized	-954,000
Gross carrying amount of Land	2,898,000
Gross carrying amount of building and improvements	14,475,000
SEC Schedule III, Real Estate, Gross, Total	17,373,000
Accumulated Depreciation	3,649,000
Carll's Corner [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1960
Carll's Corner [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1999
Carmans Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	194,082
Initial cost to the Company, Land	8,539,000
Initial cost to the Company, Building and Improvements	35,804,000
Subsequent cost capitalized	-203,000
Gross carrying amount of Land	8,421,000
Gross carrying amount of building and improvements	35,719,000
SEC Schedule III, Real Estate, Gross, Total	44,140,000
Accumulated Depreciation	8,397,000
Amount of Encumbrance	33,460,000
Carmans Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1954
Carmans Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2007
Coliseum Marketplace [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	106,648
Initial cost to the Company, Land	2,924,000
Initial cost to the Company, Building and Improvements	14,416,000
Subsequent cost capitalized	5,424,000
Gross carrying amount of Land	3,586,000
Gross carrying amount of building and improvements	19,178,000
SEC Schedule III, Real Estate, Gross, Total	22,764,000
Accumulated Depreciation	5,332,000
Coliseum Marketplace [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1987
Coliseum Marketplace [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2012
Colonial Commons [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2011
Percent Owned	100.00%
Gross Leasable Area	461,914
Initial cost to the Company, Land	9,367,000
Initial cost to the Company, Building and Improvements	37,496,000
Subsequent cost capitalized	3,342,000
Gross carrying amount of Land	9,367,000
Gross carrying amount of building and improvements	40,838,000
SEC Schedule III, Real Estate, Gross, Total	50,205,000
Accumulated Depreciation	6,792,000
Amount of Encumbrance	26,267,000
Colonial Commons [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2011
Colonial Commons [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2013
Crossroads II [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2008
Percent Owned	60.00%
Year built/Year last renovated	2009
Gross Leasable Area	133,717
Initial cost to the Company, Land	15,383,000
Subsequent cost capitalized	28,778,000
Gross carrying amount of Land	17,671,000
Gross carrying amount of building and improvements	26,490,000
SEC Schedule III, Real Estate, Gross, Total	44,161,000
Accumulated Depreciation	3,673,000
Elmhurst Square [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2006
Percent Owned	100.00%
Gross Leasable Area	66,250
Initial cost to the Company, Land	1,371,000
Initial cost to the Company, Building and Improvements	5,994,000
Subsequent cost capitalized	730,000
Gross carrying amount of Land	1,371,000
Gross carrying amount of building and improvements	6,724,000
SEC Schedule III, Real Estate, Gross, Total	8,095,000
Accumulated Depreciation	1,814,000
Elmhurst Square [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1961
Elmhurst Square [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1983
Fairview Commons [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	42,314
Initial cost to the Company, Land	858,000
Initial cost to the Company, Building and Improvements	3,568,000
Subsequent cost capitalized	3,000
Gross carrying amount of Land	858,000
Gross carrying amount of building and improvements	3,571,000
SEC Schedule III, Real Estate, Gross, Total	4,429,000
Accumulated Depreciation	965,000
Fairview Commons [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1976
Fairview Commons [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2003
Fieldstone Marketplace [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Percent Owned	100.00%
Gross Leasable Area	193,970
Initial cost to the Company, Land	5,229,000
Initial cost to the Company, Building and Improvements	21,440,000
Subsequent cost capitalized	646,000
Gross carrying amount of Land	5,167,000
Gross carrying amount of building and improvements	22,148,000
SEC Schedule III, Real Estate, Gross, Total	27,315,000
Accumulated Depreciation	6,394,000
Fieldstone Marketplace [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Year built/Year last renovated	1988
Fieldstone Marketplace [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2012
Year built/Year last renovated	2003
Fort Washington Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2002
Percent Owned	100.00%
Year built/Year last renovated	2003
Gross Leasable Area	41,000
Initial cost to the Company, Land	2,462,000
Subsequent cost capitalized	5,176,000
Gross carrying amount of Land	2,462,000
Gross carrying amount of building and improvements	5,176,000
SEC Schedule III, Real Estate, Gross, Total	7,638,000
Accumulated Depreciation	1,710,000
Franklin Village Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Percent Owned	100.00%
Gross Leasable Area	303,085
Initial cost to the Company, Land	14,270,000
Initial cost to the Company, Building and Improvements	61,915,000
Subsequent cost capitalized	953,000
Gross carrying amount of Land	14,681,000
Gross carrying amount of building and improvements	62,457,000
SEC Schedule III, Real Estate, Gross, Total	77,138,000
Accumulated Depreciation	5,658,000
Amount of Encumbrance	41,979,000
Franklin Village Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2004
Year built/Year last renovated	1987
Franklin Village Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2012
Year built/Year last renovated	2005
Fredericksburg Way [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Year built/Year last renovated	1997
Gross Leasable Area	63,000
Initial cost to the Company, Land	3,213,000
Initial cost to the Company, Building and Improvements	12,758,000
Gross carrying amount of Land	3,213,000
Gross carrying amount of building and improvements	12,758,000
SEC Schedule III, Real Estate, Gross, Total	15,971,000
Accumulated Depreciation	3,386,000
General Booth Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Year built/Year last renovated	1985
Gross Leasable Area	71,639
Initial cost to the Company, Land	1,935,000
Initial cost to the Company, Building and Improvements	9,493,000
Subsequent cost capitalized	347,000
Gross carrying amount of Land	1,935,000
Gross carrying amount of building and improvements	9,840,000
SEC Schedule III, Real Estate, Gross, Total	11,775,000
Accumulated Depreciation	3,337,000
Glen Allen Shopping Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Year built/Year last renovated	2000
Gross Leasable Area	63,328
Initial cost to the Company, Land	6,769,000
Initial cost to the Company, Building and Improvements	683,000
Subsequent cost capitalized	3,000
Gross carrying amount of Land	5,367,000
Gross carrying amount of building and improvements	2,088,000
SEC Schedule III, Real Estate, Gross, Total	7,455,000
Accumulated Depreciation	646,000
Gold Star Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2006
Percent Owned	100.00%
Year built/Year last renovated	1988
Gross Leasable Area	71,720
Initial cost to the Company, Land	1,644,000
Initial cost to the Company, Building and Improvements	6,519,000
Subsequent cost capitalized	410,000
Gross carrying amount of Land	1,644,000
Gross carrying amount of building and improvements	6,929,000
SEC Schedule III, Real Estate, Gross, Total	8,573,000
Accumulated Depreciation	2,038,000
Amount of Encumbrance	1,302,000
Golden Triangle [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	202,943
Initial cost to the Company, Land	2,320,000
Initial cost to the Company, Building and Improvements	9,713,000
Subsequent cost capitalized	9,935,000
Gross carrying amount of Land	2,320,000
Gross carrying amount of building and improvements	19,648,000
SEC Schedule III, Real Estate, Gross, Total	21,968,000
Accumulated Depreciation	6,949,000
Amount of Encumbrance	19,320,000
Golden Triangle [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1960
Golden Triangle [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2005
Groton Shopping Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Year built/Year last renovated	1969
Gross Leasable Area	117,186
Initial cost to the Company, Land	3,070,000
Initial cost to the Company, Building and Improvements	12,320,000
Subsequent cost capitalized	419,000
Gross carrying amount of Land	3,073,000
Gross carrying amount of building and improvements	12,736,000
SEC Schedule III, Real Estate, Gross, Total	15,809,000
Accumulated Depreciation	3,328,000
Amount of Encumbrance	11,015,000
Halifax Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Year built/Year last renovated	1994
Gross Leasable Area	51,510
Initial cost to the Company, Land	1,412,000
Initial cost to the Company, Building and Improvements	5,799,000
Subsequent cost capitalized	247,000
Gross carrying amount of Land	1,347,000
Gross carrying amount of building and improvements	6,111,000
SEC Schedule III, Real Estate, Gross, Total	7,458,000
Accumulated Depreciation	1,917,000
Hamburg Square [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2004
Percent Owned	100.00%
Gross Leasable Area	99,580
Initial cost to the Company, Land	1,153,000
Initial cost to the Company, Building and Improvements	4,678,000
Subsequent cost capitalized	5,511,000
Gross carrying amount of Land	1,153,000
Gross carrying amount of building and improvements	10,189,000
SEC Schedule III, Real Estate, Gross, Total	11,342,000
Accumulated Depreciation	2,578,000
Amount of Encumbrance	4,732,000
Hamburg Square [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1993
Hamburg Square [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2010
Jordan Lane [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	177,504
Initial cost to the Company, Land	4,291,000
Initial cost to the Company, Building and Improvements	21,176,000
Subsequent cost capitalized	1,319,000
Gross carrying amount of Land	4,291,000
Gross carrying amount of building and improvements	22,495,000
SEC Schedule III, Real Estate, Gross, Total	26,786,000
Accumulated Depreciation	6,439,000
Amount of Encumbrance	11,851,000
Jordan Lane [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1969
Jordan Lane [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1991
Kempsville Crossing [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	79,512
Initial cost to the Company, Land	2,207,000
Initial cost to the Company, Building and Improvements	11,000,000
Subsequent cost capitalized	-1,437,000
Gross carrying amount of Land	2,207,000
Gross carrying amount of building and improvements	9,563,000
SEC Schedule III, Real Estate, Gross, Total	11,770,000
Accumulated Depreciation	3,828,000
Kempsville Crossing [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1985
Kempsville Crossing [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2013
Kenley Village [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Year built/Year last renovated	1988
Gross Leasable Area	51,894
Initial cost to the Company, Land	726,000
Initial cost to the Company, Building and Improvements	3,512,000
Subsequent cost capitalized	361,000
Gross carrying amount of Land	726,000
Gross carrying amount of building and improvements	3,873,000
SEC Schedule III, Real Estate, Gross, Total	4,599,000
Accumulated Depreciation	1,379,000
Kings Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	168,243
Initial cost to the Company, Land	2,413,000
Initial cost to the Company, Building and Improvements	12,604,000
Subsequent cost capitalized	413,000
Gross carrying amount of Land	2,408,000
Gross carrying amount of building and improvements	13,022,000
SEC Schedule III, Real Estate, Gross, Total	15,430,000
Accumulated Depreciation	3,288,000
Kings Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1970
Kings Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1994
Maxatawny Marketplace [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2011
Percent Owned	100.00%
Year built/Year last renovated	2014
Gross Leasable Area	58,339
Initial cost to the Company, Land	1,612,000
Subsequent cost capitalized	8,821,000
Gross carrying amount of Land	1,454,000
Gross carrying amount of building and improvements	8,979,000
SEC Schedule III, Real Estate, Gross, Total	10,433,000
Accumulated Depreciation	383,000
Meadows Marketplace [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Percent Owned	100.00%
Year built/Year last renovated	2005
Gross Leasable Area	91,518
Initial cost to the Company, Land	1,914,000
Subsequent cost capitalized	11,407,000
Gross carrying amount of Land	1,914,000
Gross carrying amount of building and improvements	11,407,000
SEC Schedule III, Real Estate, Gross, Total	13,321,000
Accumulated Depreciation	2,571,000
Amount of Encumbrance	9,432,000
Meadows Marketplace [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2004
Meadows Marketplace [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2012
Mechanicsburg Giant [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Year built/Year last renovated	2003
Gross Leasable Area	51,500
Initial cost to the Company, Land	2,709,000
Initial cost to the Company, Building and Improvements	12,159,000
Gross carrying amount of Land	2,709,000
Gross carrying amount of building and improvements	12,159,000
SEC Schedule III, Real Estate, Gross, Total	14,868,000
Accumulated Depreciation	3,136,000
Metro Square [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2008
Percent Owned	100.00%
Year built/Year last renovated	1999
Gross Leasable Area	71,896
Initial cost to the Company, Land	3,121,000
Initial cost to the Company, Building and Improvements	12,341,000
Subsequent cost capitalized	-301,000
Gross carrying amount of Land	5,250,000
Gross carrying amount of building and improvements	9,911,000
SEC Schedule III, Real Estate, Gross, Total	15,161,000
Accumulated Depreciation	1,892,000
Amount of Encumbrance	8,005,000
Newport Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Year built/Year last renovated	1996
Gross Leasable Area	64,489
Initial cost to the Company, Land	1,721,000
Initial cost to the Company, Building and Improvements	7,758,000
Subsequent cost capitalized	399,000
Gross carrying amount of Land	1,682,000
Gross carrying amount of building and improvements	8,196,000
SEC Schedule III, Real Estate, Gross, Total	9,878,000
Accumulated Depreciation	2,436,000
New London Mall [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2009
Percent Owned	40.00%
Gross Leasable Area	259,566
Initial cost to the Company, Land	14,891,000
Initial cost to the Company, Building and Improvements	24,967,000
Subsequent cost capitalized	1,146,000
Gross carrying amount of Land	8,807,000
Gross carrying amount of building and improvements	32,197,000
SEC Schedule III, Real Estate, Gross, Total	41,004,000
Accumulated Depreciation	8,390,000
Amount of Encumbrance	27,291,000
New London Mall [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1967
New London Mall [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1997
Northside Commons [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2008
Percent Owned	100.00%
Year built/Year last renovated	2009
Gross Leasable Area	69,136
Initial cost to the Company, Land	3,332,000
Subsequent cost capitalized	10,012,000
Gross carrying amount of Land	3,379,000
Gross carrying amount of building and improvements	9,965,000
SEC Schedule III, Real Estate, Gross, Total	13,344,000
Accumulated Depreciation	1,320,000
Norwood Shopping Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2006
Percent Owned	100.00%
Gross Leasable Area	102,459
Initial cost to the Company, Land	1,874,000
Initial cost to the Company, Building and Improvements	8,453,000
Subsequent cost capitalized	1,640,000
Gross carrying amount of Land	1,874,000
Gross carrying amount of building and improvements	10,093,000
SEC Schedule III, Real Estate, Gross, Total	11,967,000
Accumulated Depreciation	2,735,000
Norwood Shopping Center [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1965
Norwood Shopping Center [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2013
Oak Ridge Shopping Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2006
Percent Owned	100.00%
Year built/Year last renovated	2000
Gross Leasable Area	38,700
Initial cost to the Company, Land	960,000
Initial cost to the Company, Building and Improvements	4,254,000
Subsequent cost capitalized	45,000
Gross carrying amount of Land	960,000
Gross carrying amount of building and improvements	4,299,000
SEC Schedule III, Real Estate, Gross, Total	5,259,000
Accumulated Depreciation	1,079,000
Amount of Encumbrance	3,166,000
Oakland Commons [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	90,100
Initial cost to the Company, Land	2,504,000
Initial cost to the Company, Building and Improvements	15,662,000
Subsequent cost capitalized	-233,000
Gross carrying amount of Land	2,504,000
Gross carrying amount of building and improvements	15,429,000
SEC Schedule III, Real Estate, Gross, Total	17,933,000
Accumulated Depreciation	3,739,000
Oakland Commons [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1962
Oakland Commons [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2013
Oakland Mills [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	58,224
Initial cost to the Company, Land	1,611,000
Initial cost to the Company, Building and Improvements	6,292,000
Subsequent cost capitalized	41,000
Gross carrying amount of Land	1,611,000
Gross carrying amount of building and improvements	6,333,000
SEC Schedule III, Real Estate, Gross, Total	7,944,000
Accumulated Depreciation	2,051,000
Amount of Encumbrance	4,457,000
Oakland Mills [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1960
Oakland Mills [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2004
Palmyra Shopping Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	111,051
Initial cost to the Company, Land	1,488,000
Initial cost to the Company, Building and Improvements	6,566,000
Subsequent cost capitalized	1,394,000
Gross carrying amount of Land	1,488,000
Gross carrying amount of building and improvements	7,960,000
SEC Schedule III, Real Estate, Gross, Total	9,448,000
Accumulated Depreciation	2,321,000
Palmyra Shopping Center [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1960
Palmyra Shopping Center [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2012
Pine Grove Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	86,089
Initial cost to the Company, Land	2,010,000
Initial cost to the Company, Building and Improvements	6,489,000
Subsequent cost capitalized	476,000
Gross carrying amount of Land	2,010,000
Gross carrying amount of building and improvements	6,965,000
SEC Schedule III, Real Estate, Gross, Total	8,975,000
Accumulated Depreciation	1,978,000
Amount of Encumbrance	5,197,000
Pine Grove Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2001
Pine Grove Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2002
Port Richmond Village [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2001
Percent Owned	100.00%
Year built/Year last renovated	1988
Gross Leasable Area	154,908
Initial cost to the Company, Land	2,942,000
Initial cost to the Company, Building and Improvements	11,769,000
Subsequent cost capitalized	1,408,000
Gross carrying amount of Land	2,843,000
Gross carrying amount of building and improvements	13,276,000
SEC Schedule III, Real Estate, Gross, Total	16,119,000
Accumulated Depreciation	4,517,000
Quartermaster Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2014
Percent Owned	100.00%
Year built/Year last renovated	2004
Gross Leasable Area	456,364
Initial cost to the Company, Land	37,031,000
Initial cost to the Company, Building and Improvements	54,210,000
Subsequent cost capitalized	79,000
Gross carrying amount of Land	37,031,000
Gross carrying amount of building and improvements	54,289,000
SEC Schedule III, Real Estate, Gross, Total	91,320,000
Accumulated Depreciation	1,436,000
Amount of Encumbrance	41,786,000
River View Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	226,786
Initial cost to the Company, Land	9,718,000
Initial cost to the Company, Building and Improvements	40,356,000
Subsequent cost capitalized	4,987,000
Gross carrying amount of Land	9,718,000
Gross carrying amount of building and improvements	45,343,000
SEC Schedule III, Real Estate, Gross, Total	55,061,000
Accumulated Depreciation	13,310,000
River View Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1991
River View Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1998
San Souci Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2009
Percent Owned	40.00%
Gross Leasable Area	264,134
Initial cost to the Company, Land	14,849,000
Initial cost to the Company, Building and Improvements	18,445,000
Subsequent cost capitalized	1,947,000
Gross carrying amount of Land	13,406,000
Gross carrying amount of building and improvements	21,835,000
SEC Schedule III, Real Estate, Gross, Total	35,241,000
Accumulated Depreciation	7,638,000
Amount of Encumbrance	27,200,000
San Souci Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1985
San Souci Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1997
South Philadelphia [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	283,415
Initial cost to the Company, Land	8,222,000
Initial cost to the Company, Building and Improvements	36,314,000
Subsequent cost capitalized	2,779,000
Gross carrying amount of Land	8,222,000
Gross carrying amount of building and improvements	39,093,000
SEC Schedule III, Real Estate, Gross, Total	47,315,000
Accumulated Depreciation	13,469,000
South Philadelphia [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1950
South Philadelphia [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2003
Southington Center [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	155,842
Initial cost to the Company, Building and Improvements	11,834,000
Subsequent cost capitalized	193,000
Gross carrying amount of building and improvements	12,027,000
SEC Schedule III, Real Estate, Gross, Total	12,027,000
Accumulated Depreciation	3,411,000
Amount of Encumbrance	5,209,000
Southington Center [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1972
Southington Center [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2000
Suffolk Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Year built/Year last renovated	1984
Gross Leasable Area	67,216
Initial cost to the Company, Land	1,402,000
Initial cost to the Company, Building and Improvements	7,236,000
Subsequent cost capitalized	23,000
Gross carrying amount of Land	1,402,000
Gross carrying amount of building and improvements	7,259,000
SEC Schedule III, Real Estate, Gross, Total	8,661,000
Accumulated Depreciation	2,720,000
Swede Square [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	100,816
Initial cost to the Company, Land	2,268,000
Initial cost to the Company, Building and Improvements	6,232,000
Subsequent cost capitalized	5,701,000
Gross carrying amount of Land	2,272,000
Gross carrying amount of building and improvements	11,929,000
SEC Schedule III, Real Estate, Gross, Total	14,201,000
Accumulated Depreciation	4,281,000
Amount of Encumbrance	9,999,000
Swede Square [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1980
Swede Square [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2012
The Brickyard [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2004
Percent Owned	100.00%
Gross Leasable Area	227,193
Initial cost to the Company, Land	7,632,000
Initial cost to the Company, Building and Improvements	29,308,000
Subsequent cost capitalized	1,576,000
Gross carrying amount of Land	7,648,000
Gross carrying amount of building and improvements	30,868,000
SEC Schedule III, Real Estate, Gross, Total	38,516,000
Accumulated Depreciation	8,317,000
The Brickyard [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1990
The Brickyard [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2012
The Commons [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2004
Percent Owned	100.00%
Year built/Year last renovated	2003
Gross Leasable Area	203,426
Initial cost to the Company, Land	3,098,000
Initial cost to the Company, Building and Improvements	14,047,000
Subsequent cost capitalized	2,934,000
Gross carrying amount of Land	3,098,000
Gross carrying amount of building and improvements	16,981,000
SEC Schedule III, Real Estate, Gross, Total	20,079,000
Accumulated Depreciation	5,383,000
The Point [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2000
Percent Owned	100.00%
Gross Leasable Area	268,037
Initial cost to the Company, Land	2,700,000
Initial cost to the Company, Building and Improvements	10,800,000
Subsequent cost capitalized	14,670,000
Gross carrying amount of Land	2,996,000
Gross carrying amount of building and improvements	25,174,000
SEC Schedule III, Real Estate, Gross, Total	28,170,000
Accumulated Depreciation	7,905,000
Amount of Encumbrance	29,001,000
The Point [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1972
The Point [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2012
The Shops at Suffolk Downs [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	121,320
Initial cost to the Company, Land	7,580,000
Initial cost to the Company, Building and Improvements	11,089,000
Subsequent cost capitalized	9,439,000
Gross carrying amount of Land	7,580,000
Gross carrying amount of building and improvements	20,528,000
SEC Schedule III, Real Estate, Gross, Total	28,108,000
Accumulated Depreciation	4,326,000
The Shops at Suffolk Downs [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2005
The Shops at Suffolk Downs [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2011
Timpany Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	183,775
Initial cost to the Company, Land	3,412,000
Initial cost to the Company, Building and Improvements	19,240,000
Subsequent cost capitalized	1,343,000
Gross carrying amount of Land	3,368,000
Gross carrying amount of building and improvements	20,627,000
SEC Schedule III, Real Estate, Gross, Total	23,995,000
Accumulated Depreciation	4,545,000
Timpany Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1970
Timpany Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1989
Trexler Mall [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2005
Percent Owned	100.00%
Gross Leasable Area	339,279
Initial cost to the Company, Land	6,932,000
Initial cost to the Company, Building and Improvements	32,815,000
Subsequent cost capitalized	6,312,000
Gross carrying amount of Land	6,932,000
Gross carrying amount of building and improvements	39,127,000
SEC Schedule III, Real Estate, Gross, Total	46,059,000
Accumulated Depreciation	9,808,000
Trexler Mall [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1973
Trexler Mall [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2013
Trexlertown Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2006
Percent Owned	100.00%
Gross Leasable Area	313,929
Initial cost to the Company, Land	13,349,000
Initial cost to the Company, Building and Improvements	23,867,000
Subsequent cost capitalized	25,177,000
Gross carrying amount of Land	13,351,000
Gross carrying amount of building and improvements	49,042,000
SEC Schedule III, Real Estate, Gross, Total	62,393,000
Accumulated Depreciation	7,266,000
Trexlertown Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1990
Trexlertown Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2011
Upland Square [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Percent Owned	100.00%
Year built/Year last renovated	2009
Gross Leasable Area	394,598
Initial cost to the Company, Land	28,187,000
Subsequent cost capitalized	66,757,000
Gross carrying amount of Land	25,783,000
Gross carrying amount of building and improvements	69,161,000
SEC Schedule III, Real Estate, Gross, Total	94,944,000
Accumulated Depreciation	9,331,000
Upland Square [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Upland Square [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2013
Valley Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2003
Percent Owned	100.00%
Gross Leasable Area	190,939
Initial cost to the Company, Land	1,950,000
Initial cost to the Company, Building and Improvements	7,766,000
Subsequent cost capitalized	1,102,000
Gross carrying amount of Land	1,950,000
Gross carrying amount of building and improvements	8,868,000
SEC Schedule III, Real Estate, Gross, Total	10,818,000
Accumulated Depreciation	2,709,000
Valley Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1975
Valley Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1994
Washington Center Shoppes [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2001
Percent Owned	100.00%
Gross Leasable Area	157,394
Initial cost to the Company, Land	2,061,000
Initial cost to the Company, Building and Improvements	7,314,000
Subsequent cost capitalized	4,056,000
Gross carrying amount of Land	2,000,000
Gross carrying amount of building and improvements	11,431,000
SEC Schedule III, Real Estate, Gross, Total	13,431,000
Accumulated Depreciation	4,114,000
Washington Center Shoppes [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1979
Washington Center Shoppes [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1995
Webster Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	101,824
Initial cost to the Company, Land	3,551,000
Initial cost to the Company, Building and Improvements	18,412,000
Subsequent cost capitalized	-211,000
Gross carrying amount of Land	4,082,000
Gross carrying amount of building and improvements	17,670,000
SEC Schedule III, Real Estate, Gross, Total	21,752,000
Accumulated Depreciation	3,948,000
Webster Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1960
Webster Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2004
West Bridgewater Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	133,039
Initial cost to the Company, Land	2,823,000
Initial cost to the Company, Building and Improvements	14,901,000
Subsequent cost capitalized	-809,000
Gross carrying amount of Land	2,596,000
Gross carrying amount of building and improvements	14,319,000
SEC Schedule III, Real Estate, Gross, Total	16,915,000
Accumulated Depreciation	3,336,000
Amount of Encumbrance	10,255,000
West Bridgewater Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1970
West Bridgewater Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2007
Yorktowne Plaza [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year acquired	2007
Percent Owned	100.00%
Gross Leasable Area	158,982
Initial cost to the Company, Land	5,940,000
Initial cost to the Company, Building and Improvements	25,505,000
Subsequent cost capitalized	451,000
Gross carrying amount of Land	5,799,000
Gross carrying amount of building and improvements	26,097,000
SEC Schedule III, Real Estate, Gross, Total	31,896,000
Accumulated Depreciation	6,511,000
Yorktowne Plaza [Member] | Minimum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	1970
Yorktowne Plaza [Member] | Maximum [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Year built/Year last renovated	2000
Land Parcels [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Percent Owned	100.00%
Initial cost to the Company, Land	1,965,000
Subsequent cost capitalized	-1,084,000
Gross carrying amount of Land	881,000
SEC Schedule III, Real Estate, Gross, Total	881,000

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, 2014	Dec. 31, 2013	Dec. 31, 2012
Real estate balance, beginning of the year	$1,450,951,000	$1,423,979,000	$1,321,083,000
Properties held for sale	-81,223,000
Properties acquired	91,241,000	34,666,000	76,185,000
Properties sold		-1,351,000
Impairments	-6,000	-928,000	-332,000
Improvements and betterments	15,210,000	13,581,000	27,142,000
Write-off fully-depreciated assets		-18,996,000	-99,000
Real estate balance, end of the year	1,476,173,000	1,450,951,000	1,423,979,000
Accumulated depreciation balance, beginning of the year	251,605,000	229,535,000	189,608,000
Properties held for sale	-18,523,000
Depreciation expense	34,129,000	41,066,000	40,026,000
Accumulated depreciation balance end of the year	267,211,000	251,605,000	229,535,000
Net book value	1,208,962,000	1,199,346,000	1,194,444,000
Difference between recorded cost of real estate and cost for federal tax purposes	$3,600,000
Minimum [Member]
Estimated useful life of buildings and improvements	3 years
Maximum [Member]
Estimated useful life of buildings and improvements	40 years