RPT Realty (KIM+N) 10-K 29 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 16, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	RPT
Entity Registrant Name	RAMCO GERSHENSON PROPERTIES TRUST
Entity Central Index Key	842,183
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		79,178,042
Entity Public Float			$ 1,267,495,868

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Income producing properties, at cost:
Land	$ 392,352	$ 341,388
Buildings and improvements	1,792,129	1,592,644
Less accumulated depreciation and amortization	(331,520)	(287,177)
Income producing properties, net	1,852,961	1,646,855
Construction in progress and land available for development or sale	60,166	74,655
Real estate held for sale	453	0
Net real estate	1,913,580	1,721,510
Equity investments in unconsolidated joint ventures	4,325	28,733
Cash and cash equivalents	6,644	9,335
Restricted cash	8,708	8,163
Accounts receivable, net	18,705	11,997
Acquired lease intangibles, net	88,819	77,045
Other assets, net	87,890	87,549
TOTAL ASSETS	2,128,671	1,944,332
LIABILITIES AND SHAREHOLDERS' EQUITY
Notes payable, net	1,083,711	917,658
Capital lease obligation	1,108	1,828
Accounts payable and accrued expenses	44,480	44,232
Acquired lease intangibles, net	64,193	54,278
Other liabilities	10,035	10,106
Distributions payable	18,807	17,951
TOTAL LIABILITIES	$ 1,222,334	$ 1,046,053
Commitments and Contingencies
Ramco-Gershenson Properties Trust (RPT) Shareholders' Equity:
Preferred shares, $0.01 par, 2,000 shares authorized: 7.25% Series D Cumulative Convertible Perpetual Preferred Shares, (stated at liquidation preference $50 per share), 1,849 and 2,000 shares issued and outstanding as of December 31, 2015 and 2014, respectively	$ 92,427	$ 100,000
Common shares of beneficial interest, $0.01 par, 120,000 shares authorized, 79,162 and 77,573 shares issued and outstanding as of December 31, 2015 and 2014, respectively	792	776
Additional paid-in capital	1,156,345	1,130,262
Accumulated distributions in excess of net income	(363,937)	(356,715)
Accumulated other comprehensive loss	(1,404)	(1,966)
TOTAL SHAREHOLDERS' EQUITY ATTRIBUTABLE TO RPT	884,223	872,357
Noncontrolling interest	22,114	25,922
TOTAL SHAREHOLDERS' EQUITY	906,337	898,279
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 2,128,671	$ 1,944,332

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Preferred shares, par (in dollars per share)	$ 0.01	$ 0.01
Preferred shares, shares authorized	2,000,000	2,000,000
Common shares of beneficial interest, par (in dollars per share)	$ 0.01	$ 0.01
Common shares of beneficial interest, shares authorized	120,000,000	120,000,000
Common shares of beneficial interest, shares issued	79,162,000	77,573,000
Common shares of beneficial interest, shares outstanding	79,162,000	77,573,000
Series D Preferred Stock
Preferred shares, par (in dollars per share)	$ 0.01
Cumulative Convertible Perpetual Preferred Shares, liquidation preference (in dollars per share)	$ 50	$ 50
Cumulative Convertible Perpetual Preferred Shares, shares issued	1,848,539	2,000,000
Cumulative Convertible Perpetual Preferred Shares, shares outstanding	1,849,000	2,000,000
Cumulative Convertible Perpetual Preferred Shares, dividend rate percentage	7.25%	7.25%

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
REVENUE
Minimum rent	$ 183,198	$ 157,691	$ 124,169
Percentage rent	539	264	209
Recovery income from tenants	61,561	52,828	40,018
Other property income	4,739	5,521	3,337
Management and other fee income	1,753	2,059	2,335
TOTAL REVENUE	251,790	218,363	170,068
EXPENSES
Real estate taxes	38,737	31,474	23,161
Recoverable operating expense	30,604	27,319	20,194
Other non-recoverable operating expense	4,271	3,633	3,006
Depreciation and amortization	89,439	81,182	56,305
Acquisitions costs	644	1,890	1,322
General and administrative expense	20,077	21,670	20,951
Provision for impairment	2,521	27,865	9,669
TOTAL EXPENSES	186,293	195,033	134,608
OPERATING INCOME	65,497	23,330	35,460
OTHER INCOME AND EXPENSES
Other expense, net	(624)	(689)	(965)
Gain on sale of real estate	17,570	10,857	4,279
Earnings (loss) from unconsolidated joint ventures	17,696	75	(4,759)
Interest expense	(40,778)	(33,742)	(29,075)
Amortization of deferred financing fees	(1,433)	(1,446)	(1,447)
Gain on remeasurement of unconsolidated joint ventures	7,892	117	5,282
Gain (loss) on extinguishment of debt	1,414	(860)	(340)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAX	67,234	(2,358)	8,435
Income tax provision	(339)	(54)	(64)
INCOME (LOSS) FROM CONTINUING OPERATIONS	66,895	(2,412)	8,371
DISCONTINUED OPERATIONS
Gain on sale of real estate	0	0	2,120
Income from discontinued operations	0	0	971
INCOME FROM DISCONTINUED OPERATIONS	0	0	3,091
NET INCOME (LOSS)	66,895	(2,412)	11,462
Net (income) loss attributable to noncontrolling partner interest	(1,786)	48	(465)
NET INCOME (LOSS) ATTRIBUTABLE TO RPT	65,109	(2,364)	10,997
Preferred share dividends	(6,838)	(7,250)	(7,250)
Preferred share conversion costs	(500)	0	0
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 57,771	$ (9,614)	$ 3,747
EARNINGS (LOSS) PER COMMON SHARE, BASIC
Continuing operations (in dollars per share)	$ 0.73	$ (0.14)	$ 0.01
Discontinued operations (in dollars per share)	0	0	0.05
Net income (loss) available to common shareholders (in dollars per share)	0.73	(0.14)	0.06
EARNINGS (LOSS) PER COMMON SHARE, DILUTED
Continuing operations (in dollars per share)	0.73	(0.14)	0.01
Discontinued operations (in dollars per share)	0	0	0.05
Net income (loss) available to common shareholders (in dollars per share)	$ 0.73	$ (0.14)	$ 0.06
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic (in shares)	78,848	72,118	59,336
Diluted (in shares)	79,035	72,118	59,728
OTHER COMPREHENSIVE INCOME (LOSS)
Net income (loss)	$ 66,895	$ (2,412)	$ 11,462
Other comprehensive income (loss):
Gain (loss) on interest rate swaps	570	(2,115)	5,520
Comprehensive income (loss)	67,465	(4,527)	16,982
Comprehensive (income) loss attributable to noncontrolling interest	(1,794)	113	(660)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO RPT	$ 65,671	$ (4,414)	$ 16,322

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Shares	Common Shares	Additional Paid-in Capital	Accumulated Distributions in Excess of Net Income	Accumulated Other Comprehensive (Loss) Income	Noncontrolling Interest
Beginning Balance at Dec. 31, 2012	$ 559,832	$ 100,000	$ 485	$ 683,609	$ (249,070)	$ (5,241)	$ 30,049
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares	273,749		181	273,568
Conversion and redemption of OP unit holders	(1,243)						(1,243)
Share-based compensation and other expense, net of shares withheld for employee taxes	2,007		1	2,006
Dividends declared to common shareholders	(44,172)				(44,172)
Dividends declared to preferred shareholders	(7,250)				(7,250)
Distributions declared to noncontrolling interests	(1,603)						(1,603)
Dividends paid on restricted shares	(342)				(342)
Other comprehensive income adjustment	5,520					5,325	195
Net income (loss)	11,462				10,997		465
Ending Balance at Dec. 31, 2013	797,960	100,000	667	959,183	(289,837)	84	27,863
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares	170,372		107	170,265
Conversion and redemption of OP unit holders	(84)						(84)
Share-based compensation and other expense, net of shares withheld for employee taxes	816		2	814
Dividends declared to common shareholders	(56,905)				(56,905)
Dividends declared to preferred shareholders	(7,250)				(7,250)
Distributions declared to noncontrolling interests	(1,744)						(1,744)
Dividends paid on restricted shares	(359)				(359)
Other comprehensive income adjustment	(2,115)					(2,050)	(65)
Net income (loss)	(2,412)				(2,364)		(48)
Ending Balance at Dec. 31, 2014	898,279	100,000	776	1,130,262	(356,715)	(1,966)	25,922
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common shares	17,110		9	17,101
Conversion and redemption of OP unit holders	(3,826)						(3,826)
Conversion of preferred shares	(500)	(7,573)	5	7,568	(500)
Share-based compensation and other expense, net of shares withheld for employee taxes	1,416		2	1,414
Dividends declared to common shareholders	(64,656)				(64,656)
Dividends declared to preferred shareholders	(6,838)				(6,838)
Distributions declared to noncontrolling interests	(1,776)						(1,776)
Dividends paid on restricted shares	(337)				(337)
Other comprehensive income adjustment	570					562	8
Net income (loss)	66,895				65,109		1,786
Ending Balance at Dec. 31, 2015	$ 906,337	$ 92,427	$ 792	$ 1,156,345	$ (363,937)	$ (1,404)	$ 22,114

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATING ACTIVITIES
Net income (loss)	$ 66,895	$ (2,412)	$ 11,462
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization, including discontinued operations	89,439	81,182	56,841
Amortization of deferred financing fees, including discontinued operations	1,433	1,446	1,447
Income tax provision	339	54	64
(Earnings) loss from unconsolidated joint ventures	(17,696)	(75)	4,759
Distributions received from operations of unconsolidated joint ventures	1,744	1,881	3,232
Provision for impairment, including discontinued operations	2,521	27,865	9,669
(Gain) loss on extinguishment of debt, including discontinued operations	(1,414)	860	0
Gain on remeasurement of unconsolidated joint ventures	(7,892)	(117)	(5,282)
Gain on sale of real estate, including discontinued operations	(17,570)	(10,857)	(6,399)
Amortization of premium on mortgages and notes payable, net	(1,687)	(1,138)	(541)
Share-based compensation expense	1,888	2,093	2,151
Long-term incentive cash compensation (benefit) expense	(271)	2,527	1,498
Changes in assets and liabilities:
Accounts receivable, net	(6,708)	(2,349)	(1,672)
Other assets, net	4,529	5,420	(689)
Accounts payable, accrued expenses and other liabilities	(10,392)	4,212	9,043
Net cash provided by operating activities	105,158	110,592	85,583
INVESTING ACTIVITIES
Acquisitions of real estate, net of assumed debt	(152,923)	(264,414)	(342,189)
Development and capital improvements	(60,923)	(80,742)	(44,625)
Net proceeds from sales of real estate	45,960	34,156	33,916
Distributions from sale of joint venture property	14,098	0	1,687
(Increase) decrease in restricted cash	(545)	(4,709)	438
Investment in unconsolidated joint ventures	0	(14)	(4,979)
Net cash used in investing activities	(154,333)	(315,723)	(355,752)
FINANCING ACTIVITIES
Proceeds on mortgages and notes payable	150,000	275,000	185,000
Repayment of mortgages and notes payable	(92,305)	(153,795)	(121,817)
Net proceeds (repayments) on revolving credit facility	50,000	(17,000)	(13,000)
Payment of debt extinguishment costs	0	0	(340)
Payment of deferred financing costs	(522)	(2,379)	(1,889)
Proceeds from issuance of common shares	17,110	170,372	274,295
Repayment of capitalized lease obligation	(720)	(328)	(337)
Conversion of operating partnership units for cash	(3,826)	(84)	(1,243)
Conversion of preferred shares	(500)	0	0
Dividends paid to preferred shareholders	(6,977)	(7,250)	(7,250)
Dividends paid to common shareholders	(63,972)	(54,149)	(40,108)
Distributions paid to operating partnership unit holders	(1,804)	(1,716)	(1,580)
Net cash provided by financing activities	46,484	208,671	271,731
Net change in cash and cash equivalents	(2,691)	3,540	1,562
Cash and cash equivalents at beginning of period	9,335	5,795	4,233
Cash and cash equivalents at end of period	6,644	9,335	5,795
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITY
Assumption of debt related to acquisitions	60,048	58,634	158,767
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid for interest (net of capitalized interest of $1,613, $1,862 and $1,161 in 2015, 2014 and 2013, respectively)	42,898	35,507	30,631
Cash paid for federal income taxes	$ 0	$ 0	$ 0

CONSOLIDATED STATEMENTS OF CAS7

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Cash Flows [Abstract]
Cash paid for interest, capitalized interest	$ 1,613	$ 1,862	$ 1,161

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Organization and Summary of Significant Accounting Policies	Organization and Summary of Significant Accounting Policies Ramco-Gershenson Properties Trust, together with our subsidiaries (the “Company”), is a real estate investment trust (“REIT”) engaged in the business of owning, developing, redeveloping, acquiring, managing and leasing large multi-anchored shopping centers primarily in a dozen of the largest metropolitan markets in the United States. Our property portfolio consists of 70 wholly owned shopping centers and one office building comprising approximately 15.3 million square feet. We also have ownership interests ranging from 7% to 30% in four joint ventures, three of which own a single shopping center. Our joint ventures are reported using equity method accounting. We earn fees from the joint ventures for managing, leasing and redeveloping the shopping centers they own. We also own interests in several land parcels that are available for development or sale. Most of our properties are anchored by supermarkets and/or national chain stores. The Company's credit risk, therefore, is concentrated in the retail industry. We made an election to qualify as a REIT for federal income tax purposes. Accordingly, we generally will not be subject to federal income tax, provided that we annually distribute at least 90% of our taxable income to our shareholders and meet other conditions. Principles of Consolidation and Estimates The consolidated financial statements include the accounts of us and our majority owned subsidiary, the Operating Partnership, Ramco-Gershenson Properties, L.P. ( 97.6% , 97.2% and 96.8% owned by us at December 31, 2015 , 2014 and 2013 , respectively), and all wholly-owned subsidiaries, including entities in which we have a controlling interest or have been determined to be the primary beneficiary of a variable interest entity (“VIE”). The presentation of consolidated financial statements does not itself imply that assets of any consolidated entity (including any special-purpose entity formed for a particular project) are available to pay the liabilities of any other consolidated entity, or that the liabilities of any other consolidated entity (including any special-purpose entity formed for a particular project) are obligations of any other consolidated entity. Investments in real estate joint ventures over which we have the ability to exercise significant influence, but for which we do not have financial or operating control, are accounted for using the equity method of accounting. Accordingly, our share of the earnings (loss) of these joint ventures is included in consolidated net income (loss). All intercompany transactions and balances are eliminated in consolidation. We own 100% of the non-voting and voting common stock of Ramco-Gershenson, Inc. (“Ramco”), and therefore it is included in the consolidated financial statements. Ramco has elected to be a taxable REIT subsidiary for federal income tax purposes. Ramco provides property management services to us and to other entities, including our real estate joint venture partners. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and reported amounts that are not readily apparent from other sources. Actual results could differ from those estimates. Reclassifications and Revisions Certain reclassifications of prior period amounts have been made in the consolidated financial statements and footnotes in order to conform to the current presentation. In previously filed quarterly reports, the Company erroneously calculated comprehensive income attributable to noncontrolling interest. Accordingly, the Consolidated Statements of Comprehensive Income have been revised. The revision resulted in a decrease to previously reported comprehensive income attributable to RPT as follows: Year Ended December 31, Year Ended December 31, 2014 2013 (in thousands) Comprehensive loss (income) attributable to non controlling interest as previously reported $ 65 $ (195 ) Comprehensive loss (income) attributable to non controlling interest as revised $ 113 $ (660 ) Comprehensive (loss) income attributable to RPT as previously reported $ (4,462 ) $ 16,787 Comprehensive (loss) income attributable to RPT as revised $ (4,414 ) $ 16,322 There was no impact to the Consolidated Balance Sheets, Consolidated Statements of Operations and Consolidated Statements of Shareholders’ Equity or to the Company’s cash position. Revenue Recognition and Accounts Receivable Our shopping center space is generally leased to retail tenants under leases that are classified as operating leases. We recognize minimum rents using the straight-line method over the terms of the leases commencing when the tenant takes possession of the space or when construction of landlord funded improvements is substantially complete. Certain of the leases also provide for contingent percentage rental income which is recorded on an accrual basis once the specified target that triggers this type of income is achieved. The leases also provide for reimbursement from tenants for common area maintenance (“CAM”), insurance, real estate taxes and other operating expenses ("Recovery Income"). The majority of our Recovery Income is estimated and recognized as revenue in the period the recoverable costs are incurred or accrued. Revenues from management, leasing, and other fees are recognized in the period in which the services have been provided and the earnings process is complete. Lease termination income is recognized when a lease termination agreement is executed by the parties and the tenant vacates the space. When a lease is terminated early but the tenant continues to control the space under a modified lease agreement, the lease termination fee is generally recognized evenly over the remaining term of the modified lease agreement. Current accounts receivable from tenants primarily relate to contractual minimum rent, percentage rent and Recovery Income. We provide for bad debt expense based upon the allowance method of accounting. We monitor the collectability of our accounts receivable from specific tenants on an ongoing basis, analyze historical bad debts, customer creditworthiness, current economic trends and changes in tenant payment terms when evaluating the adequacy of the allowance for bad debts. Allowances are taken for those balances that we have reason to believe may be uncollectible. When tenants are in bankruptcy, we make estimates of the expected recovery of pre-petition and post-petition claims. The period to resolve these claims can exceed one year. Management believes the allowance for doubtful accounts is adequate to absorb currently estimated bad debts. However, if we experience bad debts in excess of the allowance we have established, our operating income would be reduced. At December 31, 2015 and 2014 , our accounts receivable were $18.7 million and $12.0 million , respectively, net of allowances for doubtful accounts of $2.8 million and $2.3 million , respectively. In addition, many of our leases contain non-contingent rent escalations for which we recognize income on a straight-line basis over the non-cancelable lease term. This method results in rental income in the early years of a lease being higher than actual cash received, creating a straight-line rent receivable asset which is included in the “Other assets, net” line item in our consolidated balance sheets. We review our unbilled straight-line rent receivable balance to determine the future collectability of revenue that will not be billed to or collected from tenants due to early lease terminations, lease modifications, bankruptcies and other factors. Our evaluation is based on our assessment of tenant credit risk changes indicating that expected future straight-line rent may not be realized. Depending on circumstances, we may provide a reserve against the previously recognized straight-line rent receivable asset for a portion, up to its full value, that we estimate may not be received. The balance of straight-line rent receivable at December 31, 2015 and 2014 , net of allowances was $17.4 million and $15.8 million , respectively. To the extent any of the tenants under these leases become unable to pay their contractual cash rents, we may be required to write down the straight-line rent receivable from those tenants, which would reduce our operating income. Real Estate Real estate assets that we own directly are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method. The estimated useful lives for computing depreciation are generally 10 – 40 years for buildings and improvements and 5 – 30 years for parking lot surfacing and equipment. We capitalize all capital improvement expenditures associated with replacements and improvements to real property that extend its useful life and depreciate them over their estimated useful lives ranging from 15 – 25 years. In addition, we capitalize qualifying tenant leasehold improvements and depreciate them over the lesser of the useful life of the improvements or the term of the related tenant lease. We also capitalize direct internal and external costs of procuring leases and amortize them over the base term of the lease. If a tenant vacates before the expiration of its lease, we charge unamortized leasing costs and undepreciated tenant leasehold improvements of no future value to expense. We charge maintenance and repair costs that do not extend an asset’s life to expense as incurred. Sale of a real estate asset is recognized when it is determined that the sale has been consummated, the buyer’s initial and continuing investment is adequate, our receivable, if any, is not subject to future subordination, and the buyer has assumed the usual risks and rewards of ownership of the asset. We will classify properties as held for sale when executed purchase and sales agreement contingencies have been satisfied thereby signifying that the sale is guaranteed and legally binding. We allocate the costs of acquisitions to assets acquired and liabilities assumed based on estimated fair values, replacement costs and appraised values. The purchase price of the acquired property is allocated to land, building, improvements and identifiable intangibles such as in-place leases, above/below market leases, out-of-market assumed mortgages, and gain on purchase, if any. The value allocated to above/below market leases is amortized over the related lease term and included in rental income in our consolidated statements of operations. Should a tenant terminate its lease prior to its stated expiration, all unamortized amounts relating to that lease would be written off. Real estate also includes costs incurred in the development of new operating properties and the redevelopment of existing operating properties. These properties are carried at cost and no depreciation is recorded on these assets until the commencement of rental revenue or no later than one year from the completion of major construction. These costs include pre-development costs directly identifiable with the specific project, development and construction costs, interest, real estate taxes and insurance. Interest is capitalized on land under development and buildings under construction based on the weighted average rate applicable to our borrowings outstanding during the period and the weighted average balance of qualified assets under development/redevelopment during the period. Indirect project costs associated with development or construction of a real estate project are capitalized until the earlier of one year following substantial completion of construction or when the property becomes available for occupancy. The capitalized costs associated with development and redevelopment projects are depreciated over the useful life of the improvements. If we determine a development or redevelopment project is no longer probable, we expense all capitalized costs which are not recoverable. It is our policy to start vertical construction on new development projects only after the project has received entitlements, significant anchor leasing commitments, construction financing and joint venture partner commitments, if appropriate. We are in the entitlement and pre-leasing phases at our development projects. Accounting for the Impairment of Long-Lived Assets We review our investment in real estate, including any related intangible assets, for impairment on a property-by-property basis whenever events or changes in circumstances indicate that the carrying value of the property may not be recoverable. These changes in circumstances include, but are not limited to, changes in occupancy, rental rates, tenant sales, net operating income, real estate values and expected holding period. The viability of all projects under construction or development, including those owned by unconsolidated joint ventures, are regularly evaluated under applicable accounting requirements, including requirements relating to abandonment of assets or changes in use. To the extent a project, or individual components of the project, are no longer considered to have value, the related capitalized costs are charged against operations. Impairment provisions resulting from any event or change in circumstances, including changes in management’s intentions or management’s analysis of varying scenarios, could be material to our consolidated financial statements. We recognize an impairment of an investment in real estate when the estimated undiscounted cash flow is less than the net carrying value of the property. If it is determined that an investment in real estate is impaired, then the carrying value is reduced to the estimated fair value as determined by cash flow models and discount rates or comparable sales in accordance with our fair value measurement policy. In the first quarter 2015 , we recorded an impairment provision totaling $2.5 million related to developable land that was subsequently sold in the second quarter of 2015. The adjustment was triggered by an unforeseen increase in development costs and changes in the associated sales price assumptions. Investments in Real Estate Joint Ventures We have four equity investments in unconsolidated joint venture entities in which we own 30% or less of the total ownership interest. Because we can influence but not make significant decisions without our partners' approval, these investments are accounted for under the equity method of accounting. We provide leasing, development, asset and property management services to these joint ventures for which we are paid fees. Refer to Note 7 of the notes to the consolidated financial statements for further information regarding our equity investments in unconsolidated joint ventures. We review our equity investments in unconsolidated entities for impairment on a venture-by-venture basis whenever events or changes in circumstances indicate that the carrying value of the equity investment may not be recoverable. In testing for impairment of these equity investments, we primarily use cash flow models, discount rates, and capitalization rates to estimate the fair value of properties held in joint ventures, and mark the debt of the joint ventures to market. Considerable judgment by management is applied when determining whether an equity investment in an unconsolidated entity is impaired and, if so, the amount of the impairment. Changes to assumptions regarding cash flows, discount rates, or capitalization rates could be material to our consolidated financial statements. There were no impairment provisions on our equity investments in joint ventures recorded in 2015 . Other Assets, net Other assets consist primarily of acquired lease intangibles, straight-line rent receivable, deferred leasing costs, deferred financing costs related to our credit facility and prepaid expenses. Other assets also include the fair value of in-place public improvement fee income and real estate tax exemption agreements associated with two properties acquired in 2014. Deferred financing and leasing costs are amortized using the straight-line method over the terms of the respective agreements. Should a tenant terminate its lease, the unamortized portion of the leasing cost is expensed. Unamortized financing costs are expensed when the related agreements are terminated before their scheduled maturity dates. We review our unbilled straight-line rent receivable balance to determine the future collectability of revenue that will not be billed to or collected from tenants due to early lease terminations, lease modifications, bankruptcies and other factors. Our evaluation is based on our assessment of tenant credit risk changes indicating that expected future straight-line rent may not be realized. Depending on circumstances, we may provide a reserve against the previously recognized straight-line rent receivable asset for a portion, up to its full value, that we estimate may not be received. Cash and Cash Equivalents We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash balances in individual banks may exceed the federally insured limit by the Federal Deposit Insurance Corporation (the “FDIC”). As of December 31, 2015 , we had $11.2 million in excess of the FDIC insured limit. Recognition of Share-based Compensation Expense We grant share-based compensation awards to employees and trustees in the form of restricted common shares and in the past we have granted stock options to employees and trustees. Our share-based award costs are equal to each grant date fair value and are recognized over the service periods of the awards using the graded vesting method. See Note 16 of the notes to the consolidated financial statements for further information regarding our share based compensation. Income Tax Status We made an election to qualify, and believe our operating activities permit us to qualify as a REIT for federal income tax purposes. Accordingly, we generally will not be subject to federal income tax, provided that we distribute at least 90% of our taxable income annually to our shareholders and meet other conditions. We are obligated to pay state taxes, generally consisting of franchise or gross receipts taxes in certain states which are not material to our consolidated financial statements. Certain of our operations, including property and asset management, as well as ownership of certain land parcels, are conducted through taxable REIT subsidiaries, (“TRSs”) which are subject to federal and state income taxes. During the years ended December 31, 2015 , 2014 , and 2013 , we sold various properties and land parcels at a gain, resulting in both a federal and state tax liability. See Note 17 of the notes to the consolidated financial statements for further information regarding income taxes. Variable Interest Entities Certain entities that do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties or in which equity investors do not have the characteristics of a controlling financial interest qualify as VIEs. VIEs are required to be consolidated by their primary beneficiary. The primary beneficiary of a VIE has both (i) the power to direct the activities that most significantly impact economic performance of the VIE, and (ii) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. We have evaluated our investments in joint ventures and determined that the joint ventures do not meet the requirements of a VIE and, therefore, consolidation of these ventures is not required. Accordingly, these investments are accounted for using the equity method. Noncontrolling Interest in Subsidiaries There are third parties who have certain noncontrolling interests in the Operating Partnership that are exchangeable for our common shares on a 1 : 1 basis or cash, at our election. Noncontrolling interest is classified as a separate component of equity outside of the permanent equity section of our consolidated balance sheets. Consolidated net income and comprehensive income includes the noncontrolling interest’s share. The calculation of earnings per share is based on income available to common shareholders. Segment Information Our primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. We do not distinguish our primary business or group our operations on a geographical basis for purposes of measuring performance. We review operating and financial data for each property on an individual basis and define an operating segment as an individual property. The individual properties have been aggregated into one reportable segment based upon their similarities with regard to both the nature and economics of the centers, tenants and operational processes, as well as long-term financial performance. No one individual property constitutes more than 10% of our revenue or property operating income and none of our shopping centers are located outside the United States. Accordingly, we have a single reportable segment for disclosure purposes.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In April 2015, the Financial Accounting Standards Board ("FASB") updated Accounting Standards Codification ("ASC") Topic 835 "Interest" with Accounting Standards Update ("ASU") No. 2015-03, "Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs." ASU 2015-03 modifies the treatment of debt issuance costs from a deferred charge to a deduction of the carrying value of the financial liability. ASU 2015-03 is effective for periods beginning after December 15, 2015, with early adoption permitted and retrospective application. In August 2015, the FASB issued an amendment to ASU 2015-03 pursuant to an SEC staff announcement which addresses the presentation and subsequent measurement of debt issuance costs associated with line of credit arrangements. We early adopted the provisions of ASU 2015-03 beginning with the period ended December 31, 2015, and have applied the provisions retrospectively. See Note 9 of the notes to the consolidated financial statements for further information related to the adoption this standard. In February 2015, the FASB updated ASC Topic 810 "Consolidation" with ASU 2015-02, "Amendments to the Consolidation Analysis." ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are Variable Interest Entities ("VIEs") or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved in VIEs, particularly those that have fee arrangements and related party relationships. ASU 2015-02 is effective for annual reporting periods (including interim periods within those periods), beginning after December 15, 2015. Early adoption is permitted. We believe the adoption of this guidance will not have a material effect on our consolidated financial statements. In May 2014, the FASB issued ASU 2014-09 "Revenue from Contract with Customers" as a new Topic, ASC Topic 606. The objective of ASU 2014-09 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and it will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying the new standard, companies will perform a five-step analysis of transactions to determine when and how revenue is recognized. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB ASC. Adoption shall be applied using either a full retrospective or modified retrospective approach. In July, the FASB issued a one year deferral of the effective date making it effective for annual reporting periods (including interim periods within those periods) beginning after December 15, 2017 while also providing for early adoption, but not before the original effective date of December 15, 2016. We are currently assessing the impact the adoption of this standard may have on our consolidated financial statements.

Real Estate

Real Estate	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Real Estate	Real Estate Included in our net real estate are income producing shopping center properties that are recorded at cost less accumulated depreciation and amortization, construction in process and land available for development or sale. Following is the detail of the construction in progress and land available for development or sale as of December 31, 2015 and 2014 : December 31, 2015 2014 (In thousands) Construction in progress $ 20,603 $ 25,667 Land available for development 28,503 27,167 Land available for sale 11,060 21,821 Total $ 60,166 $ 74,655 Construction in progress represents existing development, redevelopment and tenant build-out projects. When projects are substantially complete and ready for their intended use, balances are transferred to land or building and improvements as appropriate. Land available for development or sale includes real estate projects where vertical construction has yet to commence, but which have been identified by us and are available for future development when market conditions dictate the demand for a new shopping center. At December 31, 2015 , we had three projects under pre-development.

Property Acquisitions and Dispo

Property Acquisitions and Dispositions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Property Acquisitions and Dispositions	Property Acquisitions and Dispositions Acquisitions The following table provides a summary of our acquisitions during 2015 and 2014 : Gross Property Name Location GLA Acreage Date Acquired Purchase Price Debt (In thousands) (In thousands) 2015 Millennium Park (1) Livonia, MI 273 N/A 08/15/15 $ 47,000 $ — Spring Meadows - Kroger Building Holland, OH 51 N/A 08/06/15 4,110 — Ramco 450 - 6 Income Producing Properties (1) GA, IL, OH, & MD 1,126 N/A 07/21/15 191,090 60,048 Jackson Plaza Jackson, MI 15 N/A 06/22/15 5,000 — West Oaks II - Petco parcel Novi, MI 26 N/A 06/10/15 5,500 — Total income producing acquisitions 1,491 252,700 60,048 Gaines Marketplace Gaines Township, MI N/A 1.9 02/12/15 1,000 $ — Lakeland Park Center Lakeland, FL N/A 1.6 01/23/15 475 — Total land acquisitions 3.5 1,475 — Total acquisitions 1,491 3.5 $ 254,175 $ 60,048 2014 Front Range Village Fort Collins, CO 459 N/A 09/04/14 $ 128,250 $ — Buttermilk Towne Center Crescent Springs (Cincinnati), KY 278 N/A 08/22/14 41,900 — Woodbury Lakes Woodbury (Minneapolis), MN 305 2.4 07/22/14 66,200 — Bridgewater Falls Shopping Center Hamilton (Cincinnati), OH 504 N/A 07/10/14 85,542 58,634 Total income producing acquisitions 1,546 2.4 321,892 58,634 The Shoppes at Fox River Waukesha (Milwaukee), WI N/A 9.9 09/08/14 1,216 — Total land acquisitions 9.9 1,216 — Total acquisitions 1,546 12.3 $ 323,108 $ 58,634 (1) Acquired from related parties. See note 1 to the fair value of the acquisitions table following. The total aggregate fair value of the acquisitions was allocated and is reflected in the following table in accordance with accounting guidance for business combinations. At the time of acquisition, these assets and liabilities were considered Level 2 fair value measurements: December 31, 2015 2014 2013 (In thousands) Land $ 50,367 $ 55,618 $ 122,963 Buildings and improvements 183,651 235,322 406,743 Above market leases 1,014 4,775 6,977 Lease origination costs 32,683 23,343 50,577 Other assets 4,256 30,883 10,196 Below market leases (16,616 ) (18,836 ) (27,216 ) Premium for above market interest rates on assumed debt (1,180 ) (6,830 ) (3,697 ) Capital lease obligation — (1,167 ) — Total purchase price allocated 254,175 323,108 566,543 Mortgages notes assumed (60,048 ) (58,634 ) (158,767 ) RPT's fair value of existing ownership (1) (41,204 ) — (64,989 ) Net assets acquired $ 152,923 $ 264,474 $ 342,787 (1) We acquired our partner's 80% interest in six properties owned by the Ramco 450 Venture LLC ("Ramco 450") and our partner's 70% interest in Millennium Park owned by the Ramco/Lion Venture LP ("RLV"). Total revenue and net income for the 2015 acquisitions included in our consolidated statement of operations for the year ended ended December 31, 2015 were $11.6 million and $1.4 million , respectively. Unaudited Proforma Information If the 2015 Acquisitions had occurred on January 1, 2014, our consolidated revenues and net income for the years ended December 31, 2015 and 2014 would have been as follows: December 31, 2015 2014 Consolidated revenue $ 265,524 $ 242,354 Consolidated net income (loss) available to common shareholders $ 59,098 $ (7,494 ) Dispositions Pursuant to the criteria established under ASC Topic 360 we will classify properties as held for sale when executed purchase and sales agreement contingencies have been satisfied thereby signifying that the sale is legally binding. Refer to Note 1 under Real Estate for additional information regarding the classification criteria. As of December 31, 2015 , we had one parcel of land classified as held for sale which was sold in January 2016. The following table provides a summary of our disposition activity during 2015 and 2014 . All of the properties disposed of were unencumbered: Gross Property Name Location GLA Acreage Date Sold Sales Price Gain (loss) on Sale (In thousands) (In thousands) 2015 Horizon Village Suwanee, GA 97 N/A 12/23/15 $ 9,300 $ 1,268 Cocoa Commons Cocoa, FL 90 N/A 11/19/15 12,000 2,420 Conyers Crossing Conyers, GA 170 1.3 09/30/15 9,750 4,536 Total income producing dispositions 357 1.3 31,050 8,224 The Towne Center at Aquia - Commercial / Residential Outparcels Stafford, VA 35 32.8 05/29/15 13,350 495 Taylors Square - Outparcel Taylors, SC N/A 0.6 04/22/15 250 (16 ) Gaines Marketplace-Target and Shell Oil Parcels Gaines Township, MI N/A 11.3 02/12/15 5,150 3,196 Total outparcel dispositions 35 44.7 18,750 3,675 Gain recognized on sale of joint venture real estate (1) — 5,671 Total dispositions 392 46.0 $ 49,800 $ 17,570 2014 Lake Orion Plaza Lake Orion, MI 141 N/A 11/05/14 $ 4,300 $ 288 Northwest Crossing Knoxville, TN 124 N/A 10/21/14 15,550 7,082 Fraser Shopping Center Fraser, MI 68 N/A 10/17/14 3,250 186 The Town Center at Aquia - El Gran Charro Outparcel Stafford, VA 6 N/A 05/28/14 1,730 123 Naples Town Center Naples, FL 135 N/A 04/17/14 7,150 2,343 Total income producing dispositions 474 31,980 10,022 Harvest Junction Land - BioLife Outparcel Longmont, CO N/A 3.0 12/5/2014 1,568 371 Parkway Land - Wendy's Outparcel Jacksonville, FL N/A 1.0 8/27/2014 900 258 Parkway Land - Express Oil Change Outparcel Jacksonville, FL N/A 0.7 6/13/2014 680 215 Hartland Land - Taco Bell Outparcel Hartland Township, MI N/A 0.8 5/1/2014 650 (9 ) Total land / outparcel dispositions 5.5 3,798 835 Total dispositions 474 5.5 $ 35,778 $ 10,857 (1) Represents the net proceeds from a joint venture property sale to a third party in October 2015.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations During 2013 and prior to our adoption of ASU 2014-08, certain disposal transactions were considered discontinued operations. A summary of the financial information for the discontinued operations is as follows: December 31, 2013 (In thousands) Total revenue $ 2,175 Expenses: Recoverable operating expenses and real estate taxes 570 Other non-recoverable property operating expenses 2 Depreciation and amortization 537 Operating income 1,066 Other expense (95 ) Gain on sale of properties 2,120 Income from discontinued operations $ 3,091

Impairment Provisions

Impairment Provisions	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Impairment Provisions	Impairment Provisions We established provisions for impairment for the following consolidated assets: Year Ended December 31, 2015 2014 2013 (In thousands) Land available for development or sale (1) $ 2,521 $ 23,285 $ 327 Income producing properties marketed for sale — 4,580 9,342 Total $ 2,521 $ 27,865 $ 9,669 (1) In the first quarter of 2015 , unforeseen increases in development costs and changes in associated sales price assumptions related to land held for development or sale resulted in an impairment provision of $2.5 million . Refer to Note 1 under Accounting for the Impairment of Long-Lived Assets for a discussion of inputs used in determining the fair value of long-lived assets.

Equity Investments in Unconsoli

Equity Investments in Unconsolidated Joint Ventures	12 Months Ended
	Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity Investments in Unconsolidated Entities	Equity Investments in Unconsolidated Joint Ventures We have four joint venture agreements whereby we own between 7% and 30% of the equity in the joint venture. We and the joint venture partners have joint approval rights for major decisions, including those regarding property operations. We cannot make significant decisions without our partner’s approval. Accordingly, we account for our interest in the joint ventures using the equity method. Combined financial information of our unconsolidated joint ventures is summarized as follows: December 31, Balance Sheets 2015 2014 (In thousands) ASSETS Investment in real estate, net $ 63,623 $ 394,740 Other assets 4,230 23,102 Total Assets $ 67,853 $ 417,842 LIABILITIES AND OWNERS' EQUITY Mortgage notes payable $ — $ 170,194 Other liabilities 750 7,625 Owners' equity 67,103 240,023 Total Liabilities and Owners' Equity $ 67,853 $ 417,842 RPT's equity investments in unconsolidated joint ventures $ 4,325 $ 28,733 December 31, Statements of Operations 2015 2014 2013 (In thousands) Total revenue $ 10,297 $ 14,038 $ 14,674 Total expenses (7,113 ) (10,848 ) (11,106 ) Gain on sale of real estate 9,237 740 — Gain on extinguishment of debt — 529 — Income from continuing operations 12,421 4,459 3,568 Discontinued operations (1) Gain (loss) on sale of real estate (2) 3,025 — (21,512 ) Income (loss) from discontinued operations 857 (7,477 ) 1,157 Income (loss) from discontinued operations 3,882 (7,477 ) (20,355 ) Net income (loss) $ 16,303 $ (3,018 ) $ (16,787 ) RPT's share of earnings (loss) from unconsolidated joint ventures $ 17,696 $ 75 $ (4,759 ) (1) Discontinued operations reflects results of operations for those properties that meet the criteria for discontinued operations under ASU 2014-08. (2) During 2015 Ramco 450 sold all of the properties from the joint venture. Ramco acquired its partners interest in six properties, our joint venture partner acquired our interest in one property and the final property, Chester Springs, was sold to an unrelated third party. The seven properties sold to partners in the venture generated a gain of $65.6 million , our share, $13.1 million , is recognized in the earnings (loss) from unconsolidated joint ventures. Ramco 450 recognized the gain as a distribution to the partners. Dispositions The following table provides a summary of our unconsolidated joint venture property disposition activity during 2015 . There were no dispositions of shopping centers in 2014. Property Name Location GLA Date Sold Ownership % 2015 Ramco 450 Venture LLC Chester Springs Chester, NJ 223 10/08/15 20 % Partners Portfolio - 7 Income Producing Properties FL, GA, IL, OH, & MD 1,440 07/21/15 20 % 1,663 Ramco/Lion Venture LP Millennium Park Livonia, MI 273 08/11/15 30 % Village of Oriole Plaza Delray Beach, FL 156 03/24/15 30 % 429 Total 2015 unconsolidated joint venture's dispositions 2,092 Joint Venture Management and Other Fee Income We are engaged by certain of our joint ventures to provide asset management, property management, leasing and investing services for such venture’s respective properties. We receive fees for our services, including property management fees calculated as a percentage of gross revenues received and recognize these fees as the services are rendered. The following table provides information for our fees earned which are reported in our consolidated statements of operations: December 31, 2015 2014 2013 (In thousands) Management fees $ 1,149 $ 1,514 $ 1,875 Leasing fees 311 315 390 Acquisition/disposition fees 108 — — Construction fees 185 230 61 Total $ 1,753 $ 2,059 $ 2,326

Other Assets, Net and Acquired

Other Assets, Net and Acquired Lease Intangible Assets, Net	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets, Net and Acquired Lease Intangible Assets, Net	Other Assets, Net and Acquired Lease Intangible Assets, Net Other assets, net consisted of the following: December 31, 2015 2014 (In thousands) Deferred leasing costs, net $ 35,282 $ 33,557 Deferred financing costs, net 1,871 2,551 Acquired development agreements (1) 22,194 23,238 Other, net 2,655 2,718 Total amortizable other assets 62,002 62,064 Straight-line rent receivable, net 17,366 15,805 Goodwill 2,089 2,089 Cash flow hedge marked-to-market asset 642 537 Prepaid and other deferred expenses, net 5,791 7,054 Other assets, net $ 87,890 $ 87,549 (1) Represents the fair value of in-place public improvement fee of approximately $16.6 million and real estate tax exemption agreement of approximately $5.6 million associated with two properties acquired in 2014. Straight-line rent receivables are recorded net of allowances of $3.5 million and $4.3 million at December 31, 2015 and 2014, respectively. Acquired lease intangible assets, net consisted of the following: December 31, 2015 2014 (In thousands) Lease originations costs $ 119,181 $ 96,059 Above market leases 13,994 14,261 133,175 110,320 Accumulated amortization (44,356 ) (33,275 ) Net acquired lease intangibles $ 88,819 $ 77,045 Acquired lease intangible assets have a remaining weighted-average amortization period of 4.3 years as of December 31, 2015 . These intangible assets are being amortized over the lives of the applicable lease. Amortization of lease origination costs is an increase to amortization expense and amortization of above-market leases is a reduction to minimum rent revenue over the applicable terms of the respective leases. Amortization of the above market lease asset resulted in a reduction of revenue of approximately $3.1 million , $2.7 million , and $2.1 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively. Combined, amortizable other assets, net and acquired lease intangibles, net totaled $150.8 million . The following table represents estimated aggregate amortization expense related to those assets as of December 31, 2015 : Year Ending December 31, (In thousands) 2016 $ 27,874 2017 20,863 2018 16,452 2019 13,294 2020 10,902 Thereafter 61,436 Total (1) $ 150,821

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt	Debt In April 2015, the FASB issued ASU 2015-03, which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. We adopted ASU 2015-03 effective December 15, 2015 and appropriately retrospectively applied the guidance to our Notes Payable for all periods presented. Unamortized debt issuance costs of $3.8 million and $4.0 million are included in Notes Payable as of December 31, 2015 and 2014, respectively (previously included in Other assets on our Consolidated Balance Sheets). The following table summarizes our mortgages and notes payable and capital lease obligation as of December 31, 2015 and 2014 : December 31, 2015 2014 (In thousands) Senior unsecured notes $ 460,000 $ 310,000 Unsecured term loan facilities 210,000 210,000 Fixed rate mortgages 322,457 354,714 Unsecured revolving credit facility 60,000 10,000 Junior subordinated notes 28,125 28,125 1,080,582 912,839 Unamortized premium 6,935 8,866 Unamortized deferred financing costs (3,806 ) (4,047 ) $ 1,083,711 $ 917,658 Capital lease obligation $ 1,108 $ 1,828 Senior unsecured notes and unsecured term loans We completed the following financing transactions during 2015 : • In September 2015, we executed a $100.0 million private placement of senior unsecured notes. Series A consists of $50.0 million of notes, ten years term at a fixed interest rate of 4.09% , which funded on September 30, 2015. Series B, $25.0 million , nine years fixed interest rate of 4.05% and Series C, $25.0 million , eleven years fixed interest rate of 4.28% , funded in November 2015; and • In July 2015, we funded the $50.0 million shelf facility related to the private placement of debt completed in May 2014. The notes have ten years term at a fixed interest rate of 4.2% . Our $670.0 million of senior unsecured notes and unsecured term loans have interest rates ranging from 2.9% to 4.7% and are due at various maturity dates from September 2018 through November 2026 . Mortgages During 2015 we had the following mortgage transactions: • In conjunction with our acquisition of the Ramco 450 portfolio, we assumed three mortgage loans with principal balances totaling $60.1 million and an average interest rate of 4.1% . In addition, at closing, two additional mortgage loans were repaid totaling $41.7 million , of which our pro rata share was $11.3 million . We recorded a premium of approximately $1.2 million based upon the fair value of the loans on the date they were assumed. The mortgage premiums are being amortized to interest expense over the remaining life of the loans; and • We repaid mortgage notes secured by certain properties totaling $86.5 million , with an average weighted interest rate of 5.2% . In conjunction with the mortgage repayments we recognized a gain on extinguishment of debt of approximately $1.4 million as a result of the write off of the associated debt premiums. In addition, we modified the mortgage secured by the Aquia Town Center Office property. The modification extends the maturity date one year with a fixed rate interest rate of 5.798% . Approximately $1.7 million of existing escrow balances were applied to the principal balance. The modified balance of $12.0 million matures on June 1, 2016 and the loan is interest only. Our $322.5 million of fixed rate mortgages have interest rates ranging from 2.9% to 7.4% and are due at various maturity dates from June 2016 through June 2026 . The fixed rate mortgage notes are secured by mortgages on properties that have an approximate net book value of $403.2 million as of December 31, 2015 . We have no mortgage maturities until June 2016 and it is our intent to repay these mortgages using cash, borrowings under our unsecured line of credit, or other sources of financing. The mortgage loans encumbering our properties are generally nonrecourse, subject to certain exceptions for which we would be liable for any resulting losses incurred by the lender. These exceptions vary from loan to loan but generally include fraud or a material misrepresentation, misstatement or omission by the borrower, intentional or grossly negligent conduct by the borrower that harms the property or results in a loss to the lender, filing of a bankruptcy petition by the borrower, either directly or indirectly and certain environmental liabilities. In addition, upon the occurrence of certain events, such as fraud or filing of a bankruptcy petition by the borrower, we or our joint ventures would be liable for the entire outstanding balance of the loan, all interest accrued thereon and certain other costs, including penalties and expenses. We have entered into mortgage loans which are secured by multiple properties and contain cross-collateralization and cross-default provisions. Cross-collateralization provisions allow a lender to foreclose on multiple properties in the event that we default under the loan. Cross-default provisions allow a lender to foreclose on the related property in the event a default is declared under another loan. Revolving Credit Facility During 2015 we had net borrowings of $50.0 million on our revolving credit facility and had outstanding letters of credit issued under our revolving credit facility, not reflected in the accompanying consolidated balance sheets, totaling $3.5 million . These letters of credit reduce borrowing availability under our bank facility. As of December 31, 2015 , $286.5 million was available to be drawn on our $350.0 million unsecured revolving credit facility subject to our compliance with certain covenants. As of December 31, 2015 the variable interest rate was 1.6% . The revolving credit and term loan facilities contain financial covenants relating to total leverage, fixed charge coverage ratio, tangible net worth and various other calculations. As of December 31, 2015 , we were in compliance with these covenants. Junior Subordinated Notes Our junior subordinated notes have a variable rate of LIBOR plus 3.30% . The maturity date is January 2038. Capital lease At December 31, 2015 we had a capital ground lease at our Buttermilk Towne Center with the City of Crescent Springs, Kentucky. Additionally, at December 31, 2014 we had a capital ground lease at our Gaines Marketplace shopping center in Gaines Township, Michigan which expired in early 2015. Total amounts expensed as interest relating to these leases were $0.1 million , $0.2 million and $0.3 million for each of the years ended December 31, 2015 , 2014 , and 2013 respectively. The following table presents scheduled principal payments on mortgages and notes payable and capital lease payments as of December 31, 2015 : Year Ending December 31, Principal Payments Capital Lease Payments (In thousands) 2016 $ 35,845 $ 100 2017 129,096 100 2018 (1) 159,132 100 2019 5,860 100 2020 102,269 100 Thereafter 648,380 1,200 Subtotal debt 1,080,582 1,700 Unamortized mortgage premium 6,935 — Deferred financing costs (3,806 ) — Amounts representing interest — (592 ) Total $ 1,083,711 $ 1,108 (1) Scheduled maturities in 2018 include the $60.0 million balance on the unsecured revolving credit facility drawn as of December 31, 2015 .

Acquired Lease Intangible Liabi

Acquired Lease Intangible Liabilities, Net	12 Months Ended
	Dec. 31, 2015
Other Liabilities Disclosure [Abstract]
Acquired Lease Intangible Liabilities, Net	Acquired Lease Intangible Liabilities, Net Acquired lease intangible liabilities, net were $64.2 million and $54.3 million as of December 31, 2015 and 2014 , respectively. The increase was primarily due to the acquisitions that were completed in 2015 and the allocation of a portion of the purchase price to lease intangible liabilities. The lease intangible liability relates to below-market leases and is being accreted over the applicable terms of the acquired leases, which resulted in an increase of revenue of $5.8 million , $4.9 million , and $3.1 million for the years ended December 31, 2015 , 2014 and 2013 , respectively.

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value	Fair Value We utilize fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Derivative instruments (interest rate swaps) are recorded at fair value on a recurring basis. Additionally, we, from time to time, may be required to record other assets at fair value on a nonrecurring basis. As a basis for considering market participant assumptions in fair value measurements, GAAP establishes three fair value levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. The assessed inputs used in determining any fair value measurement could result in incorrect valuations that could be material to our consolidated financial statements. These levels are: Level 1 Valuation is based upon quoted prices for identical instruments traded in active markets. Level 2 Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3 Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. The following is a description of valuation methodologies used for our assets and liabilities recorded at fair value. Derivative Assets and Liabilities All of our derivative instruments are interest rate swaps for which quoted market prices are not readily available. For those derivatives, we measure fair value on a recurring basis using valuation models that use primarily market observable inputs, such as yield curves. We classify derivative instruments as Level 2. Refer to Note 12 of notes to the consolidated financial statements for additional information on our derivative financial instruments. The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 and 2014 . Balance Sheet location Total Fair Value Level 1 Level 2 Level 3 2015 (In thousands) Derivative assets - interest rate swaps Other assets $ 642 $ — $ 642 $ — Derivative liabilities - interest rate swaps Other liabilities $ (2,241 ) $ — $ (2,241 ) $ — 2014 Derivative assets - interest rate swaps Other assets $ 537 $ — $ 537 $ — Derivative liabilities - interest rate swaps Other liabilities $ (2,705 ) $ — $ (2,705 ) $ — The carrying values of cash and cash equivalents, restricted cash, receivables and accounts payable and accrued liabilities are reasonable estimates of their fair values because of the short maturity of these financial instruments. We estimated the fair value of our debt based on our incremental borrowing rates for similar types of borrowing arrangements with the same remaining maturity and on the discounted estimated future cash payments to be made for other debt. The discount rates used approximate current lending rates for loans or groups of loans with similar maturities and credit quality, assumes the debt is outstanding through maturity and considers the debt’s collateral (if applicable). Since such amounts are estimates that are based on limited available market information for similar transactions, there can be no assurance that the disclosed value of any financial instrument could be realized by immediate settlement of the instrument. Fixed rate debt (including variable rate debt swapped to fixed through derivatives) with carrying values of $996.3 million and $880.3 million as of December 31, 2015 and 2014 , respectively, have fair values of approximately $1.0 billion and $900.9 million , respectively. Variable rate debt’s fair value is estimated to be the carrying values of $87.4 million and $37.4 million as of December 31, 2015 and 2014 , respectively. We classify our debt as Level 2. Net Real Estate Our net real estate, including any identifiable intangible assets, is subject to impairment testing on a nonrecurring basis. To estimate fair value, we use discounted cash flow models that include assumptions of the discount rates that market participants would use in pricing the asset. To the extent impairment has occurred, we charge to expense the excess of the carrying value of the property over its estimated fair value. We classify impaired real estate assets as nonrecurring Level 3. The table below presents the recorded amount of assets at the time they were marked to fair value during the years ended December 31, 2015 and 2014 on a nonrecurring basis. We did not have any material liabilities that were required to be measured at fair value on a nonrecurring basis during the years ended December 31, 2015 and 2014 . Assets Total Fair Value Level 1 Level 2 Level 3 Total Impairment (In thousands) 2015 Land available for sale $ 453 $ — $ — $ 453 $ (2,521 ) Total $ 453 $ — $ — $ 453 $ (2,521 ) 2014 Income producing properties $ 28,754 $ — $ — $ 28,754 $ (4,580 ) Land available for sale 13,972 — — 13,972 (23,285 ) Total $ 42,726 $ — $ — $ 42,726 $ (27,865 ) Equity Investments in Unconsolidated Entities Our equity investments in unconsolidated joint venture entities are subject to impairment testing on a nonrecurring basis if a decline in the fair value of the investment below the carrying amount is determined to be a decline that is other-than-temporary. To estimate the fair value of properties held by unconsolidated entities, we use cash flow models, discount rates, and capitalization rates based upon assumptions of the rates that market participants would use in pricing the asset. To the extent other-than-temporary impairment has occurred, we charge to expense the excess of the carrying value of the equity investment over its estimated fair value. We classify other-than-temporarily impaired equity investments in unconsolidated entities as nonrecurring Level 3.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We utilize interest rate swap agreements for risk management purposes to reduce the impact of changes in interest rates on our variable rate debt. We may also enter into forward starting swaps to set the effective interest rate on planned fixed rate financing. On the date we enter into an interest rate swap, the derivative is designated as a hedge against the variability of cash flows that are to be paid in connection with a recognized liability. Subsequent changes in the fair value of a derivative designated as a cash flow hedge that is determined to be highly effective are recorded in other comprehensive income (“OCI”) until earnings are affected by the variability of cash flows of the hedged transaction. The differential between fixed and variable rates to be paid or received is accrued, as interest rates change, and recognized currently as interest expense in our consolidated statements of operations. We assess effectiveness of our cash flow hedges both at inception and on an ongoing basis. Our cash flow hedges become ineffective if critical terms of the hedging instrument and the debt do not perfectly match such as notional amounts, settlement dates, reset dates, calculation period and LIBOR rate. At December 31, 2015 , all of our hedges were highly effective. At December 31, 2015 , we had seven interest rate swap agreements in effect for an aggregate notional amount of $210.0 million . Additionally, in October 2015, we entered into three forward starting interest rate swap agreements for an aggregate notional amount of $75.0 million . All of our interest rate swap agreements are designated as cash flow hedges The agreements provide for swapping one-month LIBOR interest rates ranging from 1.2% to 2.2% on $210.0 million of unsecured term loans, and have expirations ranging from April 2016 to May 2021 . The following table summarizes the notional values and fair values of our derivative financial instruments as of December 31, 2015 : Underlying Debt Hedge Type Notional Value Fixed Rate Fair Value Expiration Date (In thousands) (In thousands) Derivative Assets Unsecured term loan facility Cash Flow $ 20,000 1.4980 % $ 151 05/2021 Unsecured term loan facility Cash Flow 15,000 1.4900 % 128 05/2021 Unsecured term loan facility Cash Flow 40,000 1.4800 % 363 05/2021 $ 75,000 $ 642 Derivative Liabilities Unsecured term loan facility Cash Flow $ 75,000 1.2175 % $ (180 ) 04/2016 Unsecured term loan facility Cash Flow 30,000 2.0480 % (729 ) 10/2018 Unsecured term loan facility Cash Flow 25,000 1.8500 % (472 ) 10/2018 Unsecured term loan facility Cash Flow 5,000 1.8400 % (93 ) 10/2018 Unsecured term loan facility Cash Flow 15,000 2.1500 % (451 ) 05/2020 Unsecured term loan facility Cash Flow 10,000 2.1500 % (301 ) 05/2020 Unsecured term loan facility Cash Flow 50,000 1.4600 % (15 ) 05/2020 $ 210,000 $ (2,241 ) The effect of derivative financial instruments on our consolidated statements of operations for the year ended December 31, 2015 and 2014 is summarized as follows: Amount of Gain (Loss) Location of Loss Reclassified from Accumulated OCI Amount of Loss Reclassified from Accumulated OCI into Income (Effective Portion) Derivatives in Cash Flow Hedging Relationship Year Ended December 31, into Income Year Ended December 31, 2015 2014 (Effective Portion) 2015 2014 (In thousands) (In thousands) Interest rate contracts - assets $ 1,008 $ (1,046 ) Interest Expense $ (902 ) $ (661 ) Interest rate contracts - liabilities 2,589 1,996 Interest Expense (2,125 ) (2,404 ) Total $ 3,597 $ 950 Total $ (3,027 ) $ (3,065 )

Leases

Leases	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Leases	Leases Revenues Approximate future minimum revenues from rentals under non-cancelable operating leases in effect at December 31, 2015 , assuming no new or renegotiated leases or option extensions on lease agreements and no early lease terminations were as follows: Year Ending December 31, (In thousands) 2016 $ 186,111 2017 168,127 2018 149,005 2019 127,677 2020 109,863 Thereafter 394,388 Total $ 1,135,171 Expenses We have an operating lease for our corporate headquarters in Michigan for a term expiring in 2019 . We recognized rent expense of $0.6 million for the year ended December 31, 2015 . For the years ended December 31, 2014 and 2013 we recognized $0.6 million and $0.7 million , respectively. Previous years expense included an operating lease adjacent to a former shopping center. The associated outparcel and operating lease were sold in early 2015. Approximate future rental payments under our non-cancelable leases, assuming no option extensions are as follows: Year Ending December 31, (In thousands) 2016 $ 620 2017 629 2018 638 2019 429 2020 — Thereafter — Total $ 2,316

Earnings per Common Share

Earnings per Common Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings per Common Share	Earnings per Common Share The following table sets forth the computation of basic earnings per share (“EPS”): Year Ended December 31, 2015 2014 2013 (In thousands, except per share data) Income (loss) from continuing operations $ 66,895 $ (2,412 ) $ 8,371 Net (income) loss from continuing operations attributable to noncontrolling interest (1,786 ) 48 (355 ) Preferred share dividends and conversion costs (7,338 ) (7,250 ) (7,250 ) Allocation of continuing income to restricted share awards (336 ) (180 ) (102 ) Income (loss) from continuing operations attributable to RPT $ 57,435 $ (9,794 ) $ 664 Income from discontinued operations — — 3,091 Net income from discontinued operations attributable to noncontrolling interest — — (110 ) Allocation of discontinued income to restricted share awards — — (20 ) Income from discontinued operations attributable to RPT — — 2,961 Net income (loss) available to common shareholders $ 57,435 $ (9,794 ) $ 3,625 Weighted average shares outstanding, Basic 78,848 72,118 59,336 Earnings (loss) per common share, Basic Continuing operations $ 0.73 $ (0.14 ) $ 0.01 Discontinued operations — — 0.05 $ 0.73 $ (0.14 ) $ 0.06 The following table sets forth the computation of diluted EPS: Year Ended December 31, 2015 2014 2013 (In thousands, except per share data) Income (loss) from continuing operations $ 66,895 $ (2,412 ) $ 8,371 Net (income) loss from continuing operations attributable to noncontrolling interest (1,786 ) 48 (355 ) Preferred share dividends and conversion costs (7,338 ) (7,250 ) (7,250 ) Allocation of continuing income to restricted share awards (336 ) (180 ) (102 ) Income (loss) from continuing operations attributable to RPT $ 57,435 $ (9,794 ) $ 664 Income from discontinued operations — — 3,091 Net income from discontinued operations attributable to noncontrolling interest — — (110 ) Income from discontinued operations attributable to RPT — — 2,981 Net income (loss) available to common shareholders $ 57,435 $ (9,794 ) $ 3,645 Weighted average shares outstanding, Basic 78,848 72,118 59,336 Stock options and restricted share awards using the treasury method (1) 187 — 392 Weighted average shares outstanding, Diluted (2)(3) 79,035 72,118 59,728 Earnings (loss) per common share, Diluted Continuing operations $ 0.73 $ (0.14 ) $ 0.01 Discontinued operations — — 0.05 $ 0.73 $ (0.14 ) $ 0.06 (1) For the year ended December 31, 2014 stock options and restricted stock awards are anti-dilutive and accordingly, have been excluded from the weighted average common shares used to compute diluted EPS. (2) The assumed conversion of preferred shares are anti-dilutive for all periods presented and accordingly, have been excluded from the weighted average common shares used to compute diluted EPS. (3) The effect of the conversion of Common OP Units is not reflected in the computation of basic and diluted earnings per share, as they are exchangeable for Common Shares on a one-for-one basis. The income allocable to such units is allocated on this same basis and reflected as noncontrolling interests in the accompanying consolidated financial statements. As such, the assumed conversion of these units would have no net impact on the determination of diluted earnings per share.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Underwritten public offerings In 2015 we did not complete any underwritten public offerings. In August 2014 we completed an underwritten public offering of 6.9 million newly issued common shares of beneficial interest at $16.44 per share which included 0.9 million common shares sold in connection with the full exercise of the underwriters' option to purchase additional shares. Our total net proceeds, after deducting expenses, were approximately $108.7 million . Controlled equity offerings In 2015, through our controlled equity offering we issued 0.9 million common shares, at an average price of $19.28 , and received approximately $ 17.1 million in net proceeds, after sales commissions and fees of $0.3 million . In 2014, through our controlled equity offering we issued 3.8 million common shares, at an average share price of $16.50 , and received approximately $61.7 million in net proceeds, after sales commissions and fees of $0.9 million . Our controlled equity offerings were issued under a registration statement filed in 2013 whereby we may sell up to 8.0 million common shares of beneficial interest. As of December 31, 2015 we had 3.1 million shares available for issuance. Non-Controlling Interests As of December 31 2015 we had 2,001,461 OP Units outstanding. OP Unit holders are entitled to exchange their units for our common shares on a 1 :1 basis or for cash. The form of payment is at our election. During 2015, 245,734 units were converted for cash in the amount of $3.8 million . Preferred Shares As of December 31, 2015 we had 1,848,539 shares of 7.25% Series D Cumulative Convertible Preferred Shares (“Preferred Shares”) outstanding that have a liquidation preference of $50 per share and par value $0.01 per share. The Preferred Shares are convertible at any time by the holders to our common shares at a conversion rate of $14.10 per share. The conversion rate is adjusted quarterly. The Preferred Shares are also convertible under certain circumstances at our election. The holders of the Preferred Shares have no voting rights. In April 2015, we converted Preferred Shares with a liquidation preference of $7.6 million into 532,628 common shares pursuant to the terms of the Convertible Preferred Shares prospectus supplement dated April 27, 2011 and incurred conversion costs of approximately $0.5 million . The following table provides a summary of dividends declared and paid per share: Year Ended December 31, 2015 2014 2013 Declared Paid Declared Paid Declared Paid Common shares $ 0.820 $ 0.810 $ 0.7750 $ 0.7625 $ 0.7115 $ 0.6923 Preferred shares $ 3.625 $ 3.625 $ 3.625 $ 3.625 $ 3.625 $ 3.625 Dividend reinvestment plan We have a dividend reinvestment plan that allows for participating shareholders to have their dividend distributions automatically invested in additional shares of beneficial interest based on the average price of the shares acquired for the distribution.

Share-Based Compensation and Ot

Share-Based Compensation and Other Benefit Plans	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation and Other Benefit Plans	Share-Based Compensation and Other Benefit Plans Incentive and Stock Option Plans As of December 31, 2015 we have one share-based compensation plan in effect, the 2012 Omnibus Long-Term Incentive Plan (“2012 LTIP”). Under the plan our compensation committee may grant, subject to the Company’s performance conditions as specified by the compensation committee, restricted shares, restricted share units, options and other awards for up to 2 million of our common shares, units or stock options, of which 1.6 million is available for issuance as of December 31, 2015 . The following share-based compensation plans have been terminated, except with respect to awards outstanding under each plan: • The 2009 Omnibus Long-Term Incentive Plan ("2009 LTIP") which allowed for the grant of restricted shares, restricted share units, options and other awards to trustees, officers and other key employees; • The 2008 Restricted Share Plan for Non-Employee Trustees (the "Trustees' Plan") which allowed for the grant of restricted shares to non-employee trustees of the Company; • 2003 LTIP which allowed for the grant of stock options to our executive officers and employees. As of December 31, 2015 , there were 87,165 options exercisable; and • 2003 Non-Employee Trustee Stock Option Plan – this plan provided for the annual grant of options to purchase our shares to our non-employee trustees. As of December 31, 2015 , there were 20,000 options exercisable. We recognized total share-based compensation expense of $1.6 million , $4.6 million , and $3.6 million for 2015 , 2014 , and 2013 , respectively. Restricted Stock Share-Based Compensation Beginning in 2012 the compensation committee determined that the LTIP award would consist of 50% service based restricted shares and 50% performance-based cash awards. The service-based restricted share awards include a five year vesting period and the compensation expense is recognized on a graded vesting basis. We recognized expense related to restricted share grants of $1.9 million for the year ended December 31, 2015 and $2.1 million for each of the years ended December 31, 2014 and 2013. The performance shares are earned subject to a future performance measurement based on a three -year shareholder return peer comparison (the “TSR Grants”). If the performance criterion is met the actual value of the grant earned will be determined and 50% of the award will be paid in cash immediately while the balance will be paid in cash the following year. Pursuant to ASC 718 – Stock Compensation, we determine the grant date fair value of TSR Grants, and any subsequent re-measurements, based upon a Monte Carlo simulation model. We recognize the compensation expense ratably over the requisite service period and we are required to re-value the performance cash awards at the end of each quarter. We use the same methodology as was used at the initial grant date and adjust the compensation expense accordingly. If it is determined that the performance criteria will not be met, compensation expense previously recognized would be reversed. We recognized a compensation benefit of $0.4 million during the year ended December 31, 2015 due to the change in value of the plans and expense reversal related to our former Chief Financial Officer. Compensation expense of $2.5 million and $1.5 million related to the cash awards recorded during the years ended December 31, 2014 and 2013 , respectively. A summary of the activity of service based restricted shares under the LTIP for the years ended December 31, 2015 , 2014 and 2013 is presented below: 2015 2014 2013 Number of Shares Weighted- Average Grant Date Fair Value Number of Shares Weighted- Average Grant Date Fair Value Number of Shares Weighted- Average Grant Date Fair Value Outstanding, beginning of the year 365,524 $ 14.92 375,813 $ 13.71 286,306 $ 11.83 Granted 180,914 17.77 286,954 16.70 293,732 15.68 Vested (176,816 ) 14.29 (281,851 ) 12.69 (197,014 ) 10.07 Forfeited or expired (41,890 ) 16.17 (15,392 ) 14.69 (7,211 ) 13.38 Outstanding, end of the year 327,732 16.39 365,524 14.92 375,813 13.71 As of December 31, 2015 there was approximately $4.1 million of total unrecognized compensation cost related to non-vested restricted share awards granted under our various share-based plans that we expect to recognize over a weighted average period of 4.5 years. Stock Option Share-Based Compensation When we grant options, the fair value of each option granted, used in determining the share-based compensation expense, is estimated on the date of grant using the Black-Scholes option-pricing model. This model incorporates certain assumptions for inputs including risk-free rates, expected dividend yield of the underlying common shares, expected option life and expected volatility. No options were granted under the LTIP in the years ended December 31, 2015 , 2014 and 2013 . The following table reflects the stock option activity for all plans described above: 2015 2014 2013 Shares Under Option Weighted-Average Exercise Price Shares Under Option Weighted-Average Exercise Price Shares Under Option Weighted-Average Exercise Price Outstanding, beginning of the year 155,248 $ 30.94 190,993 $ 30.34 227,743 $ 27.81 Exercised — — — — (25,000 ) 9.61 Forfeited or expired (48,083 ) 28.29 (35,745 ) 27.73 (11,750 ) 25.34 Outstanding, end of the year 107,165 $ 32.13 155,248 $ 30.94 190,993 $ 30.34 Exercisable, end of the year 107,165 $ 32.13 155,248 $ 30.94 190,993 $ 30.34 The following table summarizes information about options outstanding at December 31, 2015 : Options Outstanding Options Exercisable Range of Exercise Price Outstanding Weighted-Average Remaining Contractual Life Weighted-Average Exercise Price Exercisable Weighted-Average Exercise Price $23.77 - $27.96 10,000 0.5 $ 26.68 10,000 $ 26.68 $28.80 - $29.06 34,025 0.2 29.06 34,025 29.06 $34.30 - $36.50 63,140 1.2 34.65 63,140 34.65 107,165 0.8 $ 32.13 107,165 $ 32.13 We received cash of approximately $0.2 million from options exercised during the year ended December 31, 2013. The impact of the cash receipt is included in financing activities in the accompanying consolidated statements of cash flows.

Taxes

Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Taxes	Taxes Income Taxes We conduct our operations with the intent of meeting the requirements applicable to a REIT under sections 856 through 860 of the Internal Revenue Code. In order to maintain our qualification as a REIT, we are required to distribute annually at least 90% of our REIT taxable income, excluding net capital gain, to our shareholders. As long as we qualify as a REIT, we will generally not be liable for federal corporate income taxes. Certain of our operations, including property management and asset management, as well as ownership of certain land, are conducted through our TRSs which allows us to provide certain services and conduct certain activities that are not generally considered as qualifying REIT activities. Deferred tax assets and liabilities reflect the impact of temporary differences between the amounts of assets and liabilities for financial reporting purposes and the bases of such assets and liabilities as measured by tax laws. Deferred tax assets are reduced by a valuation allowance to the amount where realization is more likely than not assured after considering all available evidence, including expected taxable earnings and potential tax planning strategies. Our temporary differences primarily relate to deferred compensation, depreciation, impairment charges and net operating loss carryforwards. As of December 31, 2015 , we had a federal and state deferred tax asset of $10.7 million and a valuation allowance of $10.7 million , which represents a decrease of $0.2 million from December 31, 2014. Our deferred tax assets, such as net operating losses and land basis differences, are reduced by an offsetting valuation allowance where there is uncertainty regarding their realizability. We believe that it is more likely than not that the results of future operations will not generate sufficient taxable income to recognize the deferred tax assets. These future operations are primarily dependent upon the profitability of our TRSs, the timing and amounts of gains on land sales, and other factors affecting the results of operations of the TRSs. If in the future we are able to conclude it is more likely than not that we will realize a future benefit from a deferred tax asset, we will reduce the related valuation allowance by the appropriate amount. The first time this occurs, it will result in a net deferred tax asset on our balance sheet and an income tax benefit of equal magnitude in our statement of operations in the period we made the determination. During the years ended December 31, 2015 and 2014 , we recorded an income tax provision of approximately $339,000 and $54,000 , respectively. We had no unrecognized tax benefits as of or during the three year period ended December 31, 2015 . We expect no significant increases or decreases in unrecognized tax benefits due to changes in tax positions within one year of December 31, 2015 . No material interest or penalties relating to income taxes were recognized in the statement of operations for the years ended December 31, 2015 , 2014 , and 2013 or in the consolidated balance sheets as of December 31, 2015 , 2014 , and 2013 . It is our accounting policy to classify interest and penalties relating to unrecognized tax benefits as tax expense. As of December 31, 2015 , returns for the calendar years 2012 through 2015 remain subject to examination by the Internal Revenue Service (“IRS”) and various state and local tax jurisdictions. As of December 31, 2015 , certain returns for calendar year 2011 also remain subject to examination by various state and local tax jurisdictions. Sales Tax We collect various taxes from tenants and remit these amounts, on a net basis, to the applicable taxing authorities.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Construction Costs In connection with the development and expansion of various shopping centers as of December 31, 2015 , we had entered into agreements for construction costs of approximately $10.6 million . Litigation We are currently involved in certain litigation arising in the ordinary course of business. Environmental Matters We are subject to numerous federal, state and local environmental laws, ordinances and regulations in the areas where we own or operate properties. We are not aware of any contamination which may have been caused by us or any of our tenants that would have a material effect on our consolidated financial statements. As part of our risk management activities, we have applied and been accepted into state sponsored environmental programs which will expedite and assure satisfactory compliance with environmental laws and regulations should contaminants need to be remediated. We also have an environmental insurance policy that covers us against third party liabilities and remediation costs. While we believe that we do not have any material exposure to environmental remediation costs, we cannot give absolute assurance that changes in the law or new discoveries of contamination will not result in additional liabilities to us.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events We have evaluated subsequent events through the date that the consolidated financial statements were issued. In February 2016 we completed the sale of a shopping center located in Troy, Ohio receiving net proceeds in the amount of $12.0 million .

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	Selected Quarterly Financial Data (Unaudited) The following table sets forth summarized quarterly financial data for the year ended December 31, 2015 : Quarters Ended 2015 March 31 June 30 September 30 December 31 (In thousands, except per share amounts) Total revenue $ 59,417 $ 59,735 $ 64,060 $ 68,578 Operating income $ 14,631 $ 15,910 $ 18,854 $ 16,102 Net income attributable to RPT $ 9,667 $ 7,090 $ 33,666 $ 14,686 Net income available to common shareholders $ 7,855 $ 4,915 $ 31,991 $ 13,010 Earnings per common share, basic: (1) $ 0.10 $ 0.06 $ 0.39 $ 0.16 Earnings per common share, diluted: (1) $ 0.10 $ 0.06 $ 0.38 $ 0.16 (1) EPS amounts are based on weighted average common shares outstanding during the quarter and, therefore, may not agree with the EPS calculated for the year ended December 31, 2015 . The following table sets forth summarized quarterly financial data for the year ended December 31, 2014 : Quarters Ended 2014 March 31 (1) June 30 (1) September 30 (1) December 31 (1) (In thousands, except per share amounts) Total revenue $ 50,133 $ 49,930 $ 55,143 $ 63,157 Operating income (loss) $ 12,403 $ 6,732 $ 14,782 $ (10,587 ) Net income (loss) attributable to RPT $ 2,672 $ 1,086 $ 6,083 $ (12,205 ) Net income (loss) available to common shareholders $ 860 $ (727 ) $ 4,270 $ (14,017 ) Earnings (loss) per common share, basic: (1) $ 0.01 $ (0.01 ) $ 0.06 $ (0.18 ) Earnings (loss) per common share, diluted: (1) $ 0.01 $ (0.01 ) $ 0.06 $ (0.18 ) (1) EPS amounts are based on weighted average common shares outstanding during the quarter and, therefore, may not agree with the EPS calculated for the year ended December 31, 2014 .

SUMMARY OF REAL ESTATE AND ACCU

SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
	Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION	SUMMARY OF REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2015 (in thousands of dollars) INITIAL COST TO COMPANY Capitalized Subsequent to GROSS AMOUNTS AT WHICH CARRIED AT CLOSE OF PERIOD Property Location Encumbrances Land Building & Improvements Land Building & Improvements Total Accumulated Depreciation Date Constructed Date Acquired Auburn Mile MI $ — $ 15,704 $ — $ (7,110 ) $ 5,917 $ 2,677 $ 8,594 $ 2,323 2000 1999 Bridgewater Falls OH 57,428 9,831 76,446 209 9,831 76,655 86,486 4,382 2005/2007 2014 Buttermilk Towne Center KY — 13,249 21,103 11 13,249 21,114 34,363 1,212 2005 2014 Central Plaza MO — 10,250 10,909 153 10,250 11,062 21,312 1,460 1970 2012 Centre at Woodstock GA — 1,880 10,801 (46 ) 1,987 10,648 12,635 3,010 1997 2004 Clinton Pointe MI — 1,175 10,499 541 1,175 11,040 12,215 3,443 1992 2003 Clinton Valley MI — 1,500 13,498 11,455 1,625 24,828 26,453 10,230 1977/1985 1996 Coral Creek Shops FL — 1,565 14,085 977 1,572 15,055 16,627 5,034 1992 2002 Crofton Centre MD 16,143 8,012 22,774 335 8,012 23,109 31,121 353 1974 2015 Crossroads Centre OH 3,536 5,800 20,709 3,047 4,904 24,652 29,556 10,279 2001 2001 Cypress Point FL — 2,968 17,637 699 2,968 18,336 21,304 1,612 1983 2013 Deer Creek Shopping Center MO — 6,070 18,105 116 6,070 18,221 24,291 1,445 1970's/2013 2013 Deer Grove Centre IL — 8,408 8,197 4,178 8,408 12,375 20,783 977 1997 2013 Deerfield Towne Center OH — 6,868 78,551 749 6,868 79,300 86,168 6,225 2004/2007 2013 East Town Plaza WI — 1,768 16,216 3,022 1,768 19,238 21,006 6,938 1992 2000 Fairlane Meadows MI — 3,255 17,620 5,093 3,260 22,708 25,968 6,499 1987/2007 2003/2005 Front Range Village CO — 20,910 80,600 661 20,910 81,261 102,171 3,771 2008 2014 Gaines Marketplace MI — 226 6,782 3,488 2,926 7,570 10,496 2,025 2004 2004 Harvest Junction North CO — 8,254 25,232 5,382 7,609 31,259 38,868 2,654 2006 2012 Harvest Junction South CO — 6,241 22,856 223 6,241 23,079 29,320 2,508 2006 2012 Heritage Place MO — 13,899 22,506 885 13,899 23,391 37,290 3,898 1989 2011 Holcomb Center GA — 658 5,953 9,808 658 15,761 16,419 5,973 1986 1996 Hoover Eleven MI — 3,308 29,778 4,475 3,304 34,257 37,561 10,410 1989 2003 Hunters Square MI — 7,673 52,774 5,367 7,652 58,162 65,814 4,564 1988 2013 Jackson Crossing MI 23,114 3,347 24,261 17,856 3,347 42,117 45,464 15,977 1967 1996 Jackson West MI — 2,806 6,270 6,239 2,691 12,624 15,315 5,685 1996 1996 Lakeland Park Center FL — 15,365 — 34,162 15,365 34,162 49,527 1,584 2014 2008 Lakeshore Marketplace MI — 2,018 18,114 5,507 3,402 22,237 25,639 6,678 1996 2003 Liberty Square IL — 2,670 11,862 (35 ) 2,665 11,832 14,497 2,133 1987 2010 Livonia Plaza MI — 1,317 11,786 559 1,317 12,345 13,662 3,890 1988 2003 Marketplace of Delray FL — 7,922 18,910 1,216 7,922 20,126 28,048 2,029 1981/2010 2013 Market Plaza IL 15,005 9,391 22,682 423 9,391 23,105 32,496 365 1965/2009 2015 Merchants' Square IN — 4,997 18,346 3,630 4,997 21,976 26,973 4,470 1970 2010 Millennium Park MI — 5,886 35,420 74 5,886 35,494 41,380 534 2000 2015 INITIAL COST Capitalized Subsequent to GROSS AMOUNTS AT WHICH Property Location Encumbrances Land Building & Improvements Land Building & Improvements Total Accumulated Depreciation Date Constructed Date Acquired Mission Bay FL — 33,975 48,159 4,246 33,975 52,405 86,380 4,471 1989 2013 Mount Prospect Plaza IL — 11,633 21,767 1,151 11,633 22,918 34,551 2,174 1958/1987/2012 2013 Nagawaukee Shopping Center WI 7,926 7,549 30,898 146 7,549 31,044 38,593 2,847 1994/2004/2008 2012/2013 New Towne Plaza MI — 817 7,354 5,985 817 13,339 14,156 6,638 1975 1996 Oak Brook Square MI — 955 8,591 5,892 955 14,483 15,438 6,226 1982 1996 Olentangy Plaza OH — 4,283 20,774 137 4,283 20,911 25,194 416 1981 2015 Parkway Shops FL — 3,145 — 21,692 5,902 18,935 24,837 1,259 2013 2008 Peachtree Hill GA — 7,517 17,062 78 7,517 17,140 24,657 307 1986 2015 Promenade at Pleasant Hill GA — 3,891 22,520 5,779 3,440 28,750 32,190 6,881 1993 2004 River City Marketplace FL 110,000 19,768 73,859 8,752 11,140 91,239 102,379 23,871 2005 2005 River Crossing Centre FL — 728 6,459 198 728 6,657 7,385 2,043 1998 2003 Rivertowne Square FL — 954 8,587 2,121 954 10,708 11,662 3,546 1980 1998 Rolling Meadows IL — 4,393 5,252 112 4,393 5,364 9,757 125 1956/2009 2015 Roseville Towne Center MI — 1,403 13,195 3,466 582 17,482 18,064 6,817 1963 1996 Rossford Pointe OH — 796 3,087 1,749 797 4,835 5,632 1,452 2006 2005 Shoppes of Lakeland FL — 5,503 20,236 846 5,503 21,082 26,585 2,002 1985 1996 Shops at Old Orchard MI — 2,864 16,698 622 2,864 17,320 20,184 1,418 1972/2011 2013 Southfield Plaza MI — 1,121 10,777 682 1,121 11,459 12,580 6,435 1969 1996 Spring Meadows Place (1) OH 28,068 2,646 16,758 11,004 5,041 25,367 30,408 8,918 1987 1996 Tel-Twelve MI — 3,819 43,181 32,281 3,819 75,462 79,281 33,191 1968 1996 The Crossroads FL — 1,850 16,650 885 1,857 17,528 19,385 5,878 1988 2002 The Shoppes at Fox River WI — 8,534 26,227 12,546 9,750 37,557 47,307 4,595 2009 2010 The Shops on Lane Avenue OH 28,650 4,848 51,273 278 4,848 51,551 56,399 815 1952/2004 2015 The Town Center at Aquia Office Building VA 11,960 — — 14,405 4,615 9,790 14,405 2,912 2009 1998 Town & Country Crossing MO — 8,395 26,465 2,017 8,395 28,482 36,877 3,714 2008 2011 Treasure Coast Commons FL — 2,924 10,644 (2,024 ) 2,924 8,620 11,544 935 1996 2013 Troy Marketplace MI 20,627 4,581 19,041 30 4,581 19,071 23,652 1,695 2000/2010 2013 Troy Marketplace II MI — 3,790 10,292 472 3,790 10,764 14,554 1,370 2000/2010 2013 Troy Towne Center OH — 930 8,372 56 813 8,545 9,358 3,890 1990 1996 Village Lakes Shopping Center FL — 862 7,768 5,992 862 13,760 14,622 4,637 1987 1997 Village Plaza FL — 2,531 12,688 1,583 2,531 14,271 16,802 1,088 1989 2013 Vista Plaza FL — 3,667 16,769 330 3,667 17,099 20,766 1,419 1998 2013 West Broward FL — 5,339 11,521 128 5,339 11,649 16,988 1,007 1965 2013 West Allis Towne Centre WI — 1,866 16,789 14,932 1,866 31,721 33,587 11,246 1987 1996 West Oaks I MI — 1,058 10,746 13,559 2,826 22,537 25,363 6,892 1979 1996 West Oaks II MI — 1,391 12,519 7,303 1,391 19,822 21,213 8,718 1986 1996 Winchester Center MI — 5,667 18,559 3,604 5,667 22,163 27,830 1,831 1980 2013 Woodbury Lakes MN — 10,411 55,635 3,268 10,411 58,903 69,314 3,271 2005 2014 Land Held for Future Development (2) Various — 28,266 14,026 (13,566 ) 28,503 223 28,726 — N/A N/A Land Available for Sale (3) Various — 10,931 27,252 (31,510 ) 6,673 — 6,673 — N/A N/A TOTALS $ 322,457 $ 440,792 $ 1,539,732 $ 264,576 $ 432,368 $ 1,812,732 $ 2,245,100 $ 331,520 (1) The property's mortgage loan is cross-collateralized with West Oaks II. (2) Primarily in Hartland, MI, Lakeland, FL and Jacksonville, FL. (3) Primarily in Hartland, MI. SCHEDULE III REAL ESTATE INVESTMENT AND ACCUMULATED DEPRECIATION December 31, 2015 Year ended December 31, 2015 2014 2013 (In thousands) Reconciliation of total real estate carrying value: Balance at beginning of year $ 2,008,687 $ 1,727,191 $ 1,217,712 Additions during period: Acquisition 234,018 289,340 530,697 Improvements 57,046 70,982 38,613 Deductions during period: Cost of real estate sold/written off (52,130 ) (50,961 ) (50,162 ) Impairment (2,521 ) (27,865 ) (9,669 ) Balance at end of year $ 2,245,100 $ 2,008,687 $ 1,727,191 Reconciliation of accumulated depreciation: Balance at beginning of year $ 287,177 $ 253,292 $ 237,462 Depreciation Expense 59,602 50,081 39,469 Cost of real estate sold/written off (15,259 ) (16,196 ) (23,639 ) Balance at end of year $ 331,520 $ 287,177 $ 253,292 Aggregate cost for federal income tax purposes $ 2,366,608 $ 2,115,287 $ 1,781,084

Organization and Summary of S29

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation and Estimates	Principles of Consolidation and Estimates The consolidated financial statements include the accounts of us and our majority owned subsidiary, the Operating Partnership, Ramco-Gershenson Properties, L.P. ( 97.6% , 97.2% and 96.8% owned by us at December 31, 2015 , 2014 and 2013 , respectively), and all wholly-owned subsidiaries, including entities in which we have a controlling interest or have been determined to be the primary beneficiary of a variable interest entity (“VIE”). The presentation of consolidated financial statements does not itself imply that assets of any consolidated entity (including any special-purpose entity formed for a particular project) are available to pay the liabilities of any other consolidated entity, or that the liabilities of any other consolidated entity (including any special-purpose entity formed for a particular project) are obligations of any other consolidated entity. Investments in real estate joint ventures over which we have the ability to exercise significant influence, but for which we do not have financial or operating control, are accounted for using the equity method of accounting. Accordingly, our share of the earnings (loss) of these joint ventures is included in consolidated net income (loss). All intercompany transactions and balances are eliminated in consolidation. We own 100% of the non-voting and voting common stock of Ramco-Gershenson, Inc. (“Ramco”), and therefore it is included in the consolidated financial statements. Ramco has elected to be a taxable REIT subsidiary for federal income tax purposes. Ramco provides property management services to us and to other entities, including our real estate joint venture partners. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and reported amounts that are not readily apparent from other sources. Actual results could differ from those estimates.
Reclassifications and Revisions	Reclassifications and Revisions Certain reclassifications of prior period amounts have been made in the consolidated financial statements and footnotes in order to conform to the current presentation.
Revenue Recognition and Accounts Receivable	Revenue Recognition and Accounts Receivable Our shopping center space is generally leased to retail tenants under leases that are classified as operating leases. We recognize minimum rents using the straight-line method over the terms of the leases commencing when the tenant takes possession of the space or when construction of landlord funded improvements is substantially complete. Certain of the leases also provide for contingent percentage rental income which is recorded on an accrual basis once the specified target that triggers this type of income is achieved. The leases also provide for reimbursement from tenants for common area maintenance (“CAM”), insurance, real estate taxes and other operating expenses ("Recovery Income"). The majority of our Recovery Income is estimated and recognized as revenue in the period the recoverable costs are incurred or accrued. Revenues from management, leasing, and other fees are recognized in the period in which the services have been provided and the earnings process is complete. Lease termination income is recognized when a lease termination agreement is executed by the parties and the tenant vacates the space. When a lease is terminated early but the tenant continues to control the space under a modified lease agreement, the lease termination fee is generally recognized evenly over the remaining term of the modified lease agreement. Current accounts receivable from tenants primarily relate to contractual minimum rent, percentage rent and Recovery Income. We provide for bad debt expense based upon the allowance method of accounting. We monitor the collectability of our accounts receivable from specific tenants on an ongoing basis, analyze historical bad debts, customer creditworthiness, current economic trends and changes in tenant payment terms when evaluating the adequacy of the allowance for bad debts. Allowances are taken for those balances that we have reason to believe may be uncollectible. When tenants are in bankruptcy, we make estimates of the expected recovery of pre-petition and post-petition claims. The period to resolve these claims can exceed one year. Management believes the allowance for doubtful accounts is adequate to absorb currently estimated bad debts. However, if we experience bad debts in excess of the allowance we have established, our operating income would be reduced. At December 31, 2015 and 2014 , our accounts receivable were $18.7 million and $12.0 million , respectively, net of allowances for doubtful accounts of $2.8 million and $2.3 million , respectively. In addition, many of our leases contain non-contingent rent escalations for which we recognize income on a straight-line basis over the non-cancelable lease term. This method results in rental income in the early years of a lease being higher than actual cash received, creating a straight-line rent receivable asset which is included in the “Other assets, net” line item in our consolidated balance sheets. We review our unbilled straight-line rent receivable balance to determine the future collectability of revenue that will not be billed to or collected from tenants due to early lease terminations, lease modifications, bankruptcies and other factors. Our evaluation is based on our assessment of tenant credit risk changes indicating that expected future straight-line rent may not be realized. Depending on circumstances, we may provide a reserve against the previously recognized straight-line rent receivable asset for a portion, up to its full value, that we estimate may not be received. The balance of straight-line rent receivable at December 31, 2015 and 2014 , net of allowances was $17.4 million and $15.8 million , respectively. To the extent any of the tenants under these leases become unable to pay their contractual cash rents, we may be required to write down the straight-line rent receivable from those tenants, which would reduce our operating income.
Real Estate	Real Estate Real estate assets that we own directly are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method. The estimated useful lives for computing depreciation are generally 10 – 40 years for buildings and improvements and 5 – 30 years for parking lot surfacing and equipment. We capitalize all capital improvement expenditures associated with replacements and improvements to real property that extend its useful life and depreciate them over their estimated useful lives ranging from 15 – 25 years. In addition, we capitalize qualifying tenant leasehold improvements and depreciate them over the lesser of the useful life of the improvements or the term of the related tenant lease. We also capitalize direct internal and external costs of procuring leases and amortize them over the base term of the lease. If a tenant vacates before the expiration of its lease, we charge unamortized leasing costs and undepreciated tenant leasehold improvements of no future value to expense. We charge maintenance and repair costs that do not extend an asset’s life to expense as incurred. Sale of a real estate asset is recognized when it is determined that the sale has been consummated, the buyer’s initial and continuing investment is adequate, our receivable, if any, is not subject to future subordination, and the buyer has assumed the usual risks and rewards of ownership of the asset. We will classify properties as held for sale when executed purchase and sales agreement contingencies have been satisfied thereby signifying that the sale is guaranteed and legally binding. We allocate the costs of acquisitions to assets acquired and liabilities assumed based on estimated fair values, replacement costs and appraised values. The purchase price of the acquired property is allocated to land, building, improvements and identifiable intangibles such as in-place leases, above/below market leases, out-of-market assumed mortgages, and gain on purchase, if any. The value allocated to above/below market leases is amortized over the related lease term and included in rental income in our consolidated statements of operations. Should a tenant terminate its lease prior to its stated expiration, all unamortized amounts relating to that lease would be written off. Real estate also includes costs incurred in the development of new operating properties and the redevelopment of existing operating properties. These properties are carried at cost and no depreciation is recorded on these assets until the commencement of rental revenue or no later than one year from the completion of major construction. These costs include pre-development costs directly identifiable with the specific project, development and construction costs, interest, real estate taxes and insurance. Interest is capitalized on land under development and buildings under construction based on the weighted average rate applicable to our borrowings outstanding during the period and the weighted average balance of qualified assets under development/redevelopment during the period. Indirect project costs associated with development or construction of a real estate project are capitalized until the earlier of one year following substantial completion of construction or when the property becomes available for occupancy. The capitalized costs associated with development and redevelopment projects are depreciated over the useful life of the improvements. If we determine a development or redevelopment project is no longer probable, we expense all capitalized costs which are not recoverable. It is our policy to start vertical construction on new development projects only after the project has received entitlements, significant anchor leasing commitments, construction financing and joint venture partner commitments, if appropriate. We are in the entitlement and pre-leasing phases at our development projects.
Accounting for the Impairment of Long-Lived Assets	Accounting for the Impairment of Long-Lived Assets We review our investment in real estate, including any related intangible assets, for impairment on a property-by-property basis whenever events or changes in circumstances indicate that the carrying value of the property may not be recoverable. These changes in circumstances include, but are not limited to, changes in occupancy, rental rates, tenant sales, net operating income, real estate values and expected holding period. The viability of all projects under construction or development, including those owned by unconsolidated joint ventures, are regularly evaluated under applicable accounting requirements, including requirements relating to abandonment of assets or changes in use. To the extent a project, or individual components of the project, are no longer considered to have value, the related capitalized costs are charged against operations. Impairment provisions resulting from any event or change in circumstances, including changes in management’s intentions or management’s analysis of varying scenarios, could be material to our consolidated financial statements. We recognize an impairment of an investment in real estate when the estimated undiscounted cash flow is less than the net carrying value of the property. If it is determined that an investment in real estate is impaired, then the carrying value is reduced to the estimated fair value as determined by cash flow models and discount rates or comparable sales in accordance with our fair value measurement policy. In the first quarter 2015 , we recorded an impairment provision totaling $2.5 million related to developable land that was subsequently sold in the second quarter of 2015. The adjustment was triggered by an unforeseen increase in development costs and changes in the associated sales price assumptions.
Investments in Real Estate Joint Ventures	Investments in Real Estate Joint Ventures We have four equity investments in unconsolidated joint venture entities in which we own 30% or less of the total ownership interest. Because we can influence but not make significant decisions without our partners' approval, these investments are accounted for under the equity method of accounting. We provide leasing, development, asset and property management services to these joint ventures for which we are paid fees. Refer to Note 7 of the notes to the consolidated financial statements for further information regarding our equity investments in unconsolidated joint ventures. We review our equity investments in unconsolidated entities for impairment on a venture-by-venture basis whenever events or changes in circumstances indicate that the carrying value of the equity investment may not be recoverable. In testing for impairment of these equity investments, we primarily use cash flow models, discount rates, and capitalization rates to estimate the fair value of properties held in joint ventures, and mark the debt of the joint ventures to market. Considerable judgment by management is applied when determining whether an equity investment in an unconsolidated entity is impaired and, if so, the amount of the impairment. Changes to assumptions regarding cash flows, discount rates, or capitalization rates could be material to our consolidated financial statements.
Other Assets, net	Other Assets, net Other assets consist primarily of acquired lease intangibles, straight-line rent receivable, deferred leasing costs, deferred financing costs related to our credit facility and prepaid expenses. Other assets also include the fair value of in-place public improvement fee income and real estate tax exemption agreements associated with two properties acquired in 2014. Deferred financing and leasing costs are amortized using the straight-line method over the terms of the respective agreements. Should a tenant terminate its lease, the unamortized portion of the leasing cost is expensed. Unamortized financing costs are expensed when the related agreements are terminated before their scheduled maturity dates. We review our unbilled straight-line rent receivable balance to determine the future collectability of revenue that will not be billed to or collected from tenants due to early lease terminations, lease modifications, bankruptcies and other factors. Our evaluation is based on our assessment of tenant credit risk changes indicating that expected future straight-line rent may not be realized. Depending on circumstances, we may provide a reserve against the previously recognized straight-line rent receivable asset for a portion, up to its full value, that we estimate may not be received.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Cash balances in individual banks may exceed the federally insured limit by the Federal Deposit Insurance Corporation (the “FDIC”). As of December 31, 2015 , we had $11.2 million in excess of the FDIC insured limit.
Recognition of Share-based Compensation Expense	Recognition of Share-based Compensation Expense We grant share-based compensation awards to employees and trustees in the form of restricted common shares and in the past we have granted stock options to employees and trustees. Our share-based award costs are equal to each grant date fair value and are recognized over the service periods of the awards using the graded vesting method.
Income Tax Status	Income Tax Status We made an election to qualify, and believe our operating activities permit us to qualify as a REIT for federal income tax purposes. Accordingly, we generally will not be subject to federal income tax, provided that we distribute at least 90% of our taxable income annually to our shareholders and meet other conditions. We are obligated to pay state taxes, generally consisting of franchise or gross receipts taxes in certain states which are not material to our consolidated financial statements. Certain of our operations, including property and asset management, as well as ownership of certain land parcels, are conducted through taxable REIT subsidiaries, (“TRSs”) which are subject to federal and state income taxes. During the years ended December 31, 2015 , 2014 , and 2013 , we sold various properties and land parcels at a gain, resulting in both a federal and state tax liability.
Variable Interest Entities	Variable Interest Entities Certain entities that do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties or in which equity investors do not have the characteristics of a controlling financial interest qualify as VIEs. VIEs are required to be consolidated by their primary beneficiary. The primary beneficiary of a VIE has both (i) the power to direct the activities that most significantly impact economic performance of the VIE, and (ii) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. We have evaluated our investments in joint ventures and determined that the joint ventures do not meet the requirements of a VIE and, therefore, consolidation of these ventures is not required. Accordingly, these investments are accounted for using the equity method.
Noncontrolling Interest in Subsidiaries	Noncontrolling Interest in Subsidiaries There are third parties who have certain noncontrolling interests in the Operating Partnership that are exchangeable for our common shares on a 1 : 1 basis or cash, at our election. Noncontrolling interest is classified as a separate component of equity outside of the permanent equity section of our consolidated balance sheets. Consolidated net income and comprehensive income includes the noncontrolling interest’s share. The calculation of earnings per share is based on income available to common shareholders.
Segment Information	Segment Information Our primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. We do not distinguish our primary business or group our operations on a geographical basis for purposes of measuring performance. We review operating and financial data for each property on an individual basis and define an operating segment as an individual property. The individual properties have been aggregated into one reportable segment based upon their similarities with regard to both the nature and economics of the centers, tenants and operational processes, as well as long-term financial performance. No one individual property constitutes more than 10% of our revenue or property operating income and none of our shopping centers are located outside the United States. Accordingly, we have a single reportable segment for disclosure purposes.
Recent Accounting Pronouncements	In April 2015, the Financial Accounting Standards Board ("FASB") updated Accounting Standards Codification ("ASC") Topic 835 "Interest" with Accounting Standards Update ("ASU") No. 2015-03, "Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs." ASU 2015-03 modifies the treatment of debt issuance costs from a deferred charge to a deduction of the carrying value of the financial liability. ASU 2015-03 is effective for periods beginning after December 15, 2015, with early adoption permitted and retrospective application. In August 2015, the FASB issued an amendment to ASU 2015-03 pursuant to an SEC staff announcement which addresses the presentation and subsequent measurement of debt issuance costs associated with line of credit arrangements. We early adopted the provisions of ASU 2015-03 beginning with the period ended December 31, 2015, and have applied the provisions retrospectively. See Note 9 of the notes to the consolidated financial statements for further information related to the adoption this standard. In February 2015, the FASB updated ASC Topic 810 "Consolidation" with ASU 2015-02, "Amendments to the Consolidation Analysis." ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are Variable Interest Entities ("VIEs") or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership and affects the consolidation analysis of reporting entities that are involved in VIEs, particularly those that have fee arrangements and related party relationships. ASU 2015-02 is effective for annual reporting periods (including interim periods within those periods), beginning after December 15, 2015. Early adoption is permitted. We believe the adoption of this guidance will not have a material effect on our consolidated financial statements. In May 2014, the FASB issued ASU 2014-09 "Revenue from Contract with Customers" as a new Topic, ASC Topic 606. The objective of ASU 2014-09 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and it will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying the new standard, companies will perform a five-step analysis of transactions to determine when and how revenue is recognized. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB ASC. Adoption shall be applied using either a full retrospective or modified retrospective approach. In July, the FASB issued a one year deferral of the effective date making it effective for annual reporting periods (including interim periods within those periods) beginning after December 15, 2017 while also providing for early adoption, but not before the original effective date of December 15, 2016. We are currently assessing the impact the adoption of this standard may have on our consolidated financial statements.

Organization and Summary of S30

Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Revision to Comprehensive Income	The revision resulted in a decrease to previously reported comprehensive income attributable to RPT as follows: Year Ended December 31, Year Ended December 31, 2014 2013 (in thousands) Comprehensive loss (income) attributable to non controlling interest as previously reported $ 65 $ (195 ) Comprehensive loss (income) attributable to non controlling interest as revised $ 113 $ (660 ) Comprehensive (loss) income attributable to RPT as previously reported $ (4,462 ) $ 16,787 Comprehensive (loss) income attributable to RPT as revised $ (4,414 ) $ 16,322

Real Estate(Tables)

Real Estate(Tables)	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Land Held for Development	Following is the detail of the construction in progress and land available for development or sale as of December 31, 2015 and 2014 : December 31, 2015 2014 (In thousands) Construction in progress $ 20,603 $ 25,667 Land available for development 28,503 27,167 Land available for sale 11,060 21,821 Total $ 60,166 $ 74,655

Property Acquisitions and Dis32

Property Acquisitions and Dispositions (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Summary of Income Producing Properties Acquired	The following table provides a summary of our acquisitions during 2015 and 2014 : Gross Property Name Location GLA Acreage Date Acquired Purchase Price Debt (In thousands) (In thousands) 2015 Millennium Park (1) Livonia, MI 273 N/A 08/15/15 $ 47,000 $ — Spring Meadows - Kroger Building Holland, OH 51 N/A 08/06/15 4,110 — Ramco 450 - 6 Income Producing Properties (1) GA, IL, OH, & MD 1,126 N/A 07/21/15 191,090 60,048 Jackson Plaza Jackson, MI 15 N/A 06/22/15 5,000 — West Oaks II - Petco parcel Novi, MI 26 N/A 06/10/15 5,500 — Total income producing acquisitions 1,491 252,700 60,048 Gaines Marketplace Gaines Township, MI N/A 1.9 02/12/15 1,000 $ — Lakeland Park Center Lakeland, FL N/A 1.6 01/23/15 475 — Total land acquisitions 3.5 1,475 — Total acquisitions 1,491 3.5 $ 254,175 $ 60,048 2014 Front Range Village Fort Collins, CO 459 N/A 09/04/14 $ 128,250 $ — Buttermilk Towne Center Crescent Springs (Cincinnati), KY 278 N/A 08/22/14 41,900 — Woodbury Lakes Woodbury (Minneapolis), MN 305 2.4 07/22/14 66,200 — Bridgewater Falls Shopping Center Hamilton (Cincinnati), OH 504 N/A 07/10/14 85,542 58,634 Total income producing acquisitions 1,546 2.4 321,892 58,634 The Shoppes at Fox River Waukesha (Milwaukee), WI N/A 9.9 09/08/14 1,216 — Total land acquisitions 9.9 1,216 — Total acquisitions 1,546 12.3 $ 323,108 $ 58,634 (1) Acquired from related parties. See note 1 to the fair value of the acquisitions table following.
Total Aggregate Fair Value of Acquisitions Allocated and Reflected in Accordance with Accounting Guidance for Business Combinations	At the time of acquisition, these assets and liabilities were considered Level 2 fair value measurements: December 31, 2015 2014 2013 (In thousands) Land $ 50,367 $ 55,618 $ 122,963 Buildings and improvements 183,651 235,322 406,743 Above market leases 1,014 4,775 6,977 Lease origination costs 32,683 23,343 50,577 Other assets 4,256 30,883 10,196 Below market leases (16,616 ) (18,836 ) (27,216 ) Premium for above market interest rates on assumed debt (1,180 ) (6,830 ) (3,697 ) Capital lease obligation — (1,167 ) — Total purchase price allocated 254,175 323,108 566,543 Mortgages notes assumed (60,048 ) (58,634 ) (158,767 ) RPT's fair value of existing ownership (1) (41,204 ) — (64,989 ) Net assets acquired $ 152,923 $ 264,474 $ 342,787 (1) We acquired our partner's 80% interest in six properties owned by the Ramco 450 Venture LLC ("Ramco 450") and our partner's 70% interest in Millennium Park owned by the Ramco/Lion Venture LP ("RLV").
Pro Forma Revenue and Net Income	If the 2015 Acquisitions had occurred on January 1, 2014, our consolidated revenues and net income for the years ended December 31, 2015 and 2014 would have been as follows: December 31, 2015 2014 Consolidated revenue $ 265,524 $ 242,354 Consolidated net income (loss) available to common shareholders $ 59,098 $ (7,494 )
Summary of Disposition Activity	All of the properties disposed of were unencumbered: Gross Property Name Location GLA Acreage Date Sold Sales Price Gain (loss) on Sale (In thousands) (In thousands) 2015 Horizon Village Suwanee, GA 97 N/A 12/23/15 $ 9,300 $ 1,268 Cocoa Commons Cocoa, FL 90 N/A 11/19/15 12,000 2,420 Conyers Crossing Conyers, GA 170 1.3 09/30/15 9,750 4,536 Total income producing dispositions 357 1.3 31,050 8,224 The Towne Center at Aquia - Commercial / Residential Outparcels Stafford, VA 35 32.8 05/29/15 13,350 495 Taylors Square - Outparcel Taylors, SC N/A 0.6 04/22/15 250 (16 ) Gaines Marketplace-Target and Shell Oil Parcels Gaines Township, MI N/A 11.3 02/12/15 5,150 3,196 Total outparcel dispositions 35 44.7 18,750 3,675 Gain recognized on sale of joint venture real estate (1) — 5,671 Total dispositions 392 46.0 $ 49,800 $ 17,570 2014 Lake Orion Plaza Lake Orion, MI 141 N/A 11/05/14 $ 4,300 $ 288 Northwest Crossing Knoxville, TN 124 N/A 10/21/14 15,550 7,082 Fraser Shopping Center Fraser, MI 68 N/A 10/17/14 3,250 186 The Town Center at Aquia - El Gran Charro Outparcel Stafford, VA 6 N/A 05/28/14 1,730 123 Naples Town Center Naples, FL 135 N/A 04/17/14 7,150 2,343 Total income producing dispositions 474 31,980 10,022 Harvest Junction Land - BioLife Outparcel Longmont, CO N/A 3.0 12/5/2014 1,568 371 Parkway Land - Wendy's Outparcel Jacksonville, FL N/A 1.0 8/27/2014 900 258 Parkway Land - Express Oil Change Outparcel Jacksonville, FL N/A 0.7 6/13/2014 680 215 Hartland Land - Taco Bell Outparcel Hartland Township, MI N/A 0.8 5/1/2014 650 (9 ) Total land / outparcel dispositions 5.5 3,798 835 Total dispositions 474 5.5 $ 35,778 $ 10,857 (1) Represents the net proceeds from a joint venture property sale to a third party in October 2015.

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Summary of Selected Operating Results for Properties Sold or Held for Sale	A summary of the financial information for the discontinued operations is as follows: December 31, 2013 (In thousands) Total revenue $ 2,175 Expenses: Recoverable operating expenses and real estate taxes 570 Other non-recoverable property operating expenses 2 Depreciation and amortization 537 Operating income 1,066 Other expense (95 ) Gain on sale of properties 2,120 Income from discontinued operations $ 3,091

Impairment Provisions (Tables)

Impairment Provisions (Tables)	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Summary of Impairment Provisions	We established provisions for impairment for the following consolidated assets: Year Ended December 31, 2015 2014 2013 (In thousands) Land available for development or sale (1) $ 2,521 $ 23,285 $ 327 Income producing properties marketed for sale — 4,580 9,342 Total $ 2,521 $ 27,865 $ 9,669

Equity Investments in Unconso35

Equity Investments in Unconsolidated Entities (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Summary of Combined Financial Information for Unconsolidated Entities, Balance Sheets	Combined financial information of our unconsolidated joint ventures is summarized as follows: December 31, Balance Sheets 2015 2014 (In thousands) ASSETS Investment in real estate, net $ 63,623 $ 394,740 Other assets 4,230 23,102 Total Assets $ 67,853 $ 417,842 LIABILITIES AND OWNERS' EQUITY Mortgage notes payable $ — $ 170,194 Other liabilities 750 7,625 Owners' equity 67,103 240,023 Total Liabilities and Owners' Equity $ 67,853 $ 417,842 RPT's equity investments in unconsolidated joint ventures $ 4,325 $ 28,733
Investments in Unconsolidated Joint Ventures	December 31, Statements of Operations 2015 2014 2013 (In thousands) Total revenue $ 10,297 $ 14,038 $ 14,674 Total expenses (7,113 ) (10,848 ) (11,106 ) Gain on sale of real estate 9,237 740 — Gain on extinguishment of debt — 529 — Income from continuing operations 12,421 4,459 3,568 Discontinued operations (1) Gain (loss) on sale of real estate (2) 3,025 — (21,512 ) Income (loss) from discontinued operations 857 (7,477 ) 1,157 Income (loss) from discontinued operations 3,882 (7,477 ) (20,355 ) Net income (loss) $ 16,303 $ (3,018 ) $ (16,787 ) RPT's share of earnings (loss) from unconsolidated joint ventures $ 17,696 $ 75 $ (4,759 )
Summary of Combined Financial Information for Unconsolidated Entities, Statements of Operations	December 31, Statements of Operations 2015 2014 2013 (In thousands) Total revenue $ 10,297 $ 14,038 $ 14,674 Total expenses (7,113 ) (10,848 ) (11,106 ) Gain on sale of real estate 9,237 740 — Gain on extinguishment of debt — 529 — Income from continuing operations 12,421 4,459 3,568 Discontinued operations (1) Gain (loss) on sale of real estate (2) 3,025 — (21,512 ) Income (loss) from discontinued operations 857 (7,477 ) 1,157 Income (loss) from discontinued operations 3,882 (7,477 ) (20,355 ) Net income (loss) $ 16,303 $ (3,018 ) $ (16,787 ) RPT's share of earnings (loss) from unconsolidated joint ventures $ 17,696 $ 75 $ (4,759 ) (1) Discontinued operations reflects results of operations for those properties that meet the criteria for discontinued operations under ASU 2014-08. (2) During 2015 Ramco 450 sold all of the properties from the joint venture. Ramco acquired its partners interest in six properties, our joint venture partner acquired our interest in one property and the final property, Chester Springs, was sold to an unrelated third party. The seven properties sold to partners in the venture generated a gain of $65.6 million , our share, $13.1 million , is recognized in the earnings (loss) from unconsolidated joint ventures. Ramco 450 recognized the gain as a distribution to the partners.
Summary of Disposition Activity	All of the properties disposed of were unencumbered: Gross Property Name Location GLA Acreage Date Sold Sales Price Gain (loss) on Sale (In thousands) (In thousands) 2015 Horizon Village Suwanee, GA 97 N/A 12/23/15 $ 9,300 $ 1,268 Cocoa Commons Cocoa, FL 90 N/A 11/19/15 12,000 2,420 Conyers Crossing Conyers, GA 170 1.3 09/30/15 9,750 4,536 Total income producing dispositions 357 1.3 31,050 8,224 The Towne Center at Aquia - Commercial / Residential Outparcels Stafford, VA 35 32.8 05/29/15 13,350 495 Taylors Square - Outparcel Taylors, SC N/A 0.6 04/22/15 250 (16 ) Gaines Marketplace-Target and Shell Oil Parcels Gaines Township, MI N/A 11.3 02/12/15 5,150 3,196 Total outparcel dispositions 35 44.7 18,750 3,675 Gain recognized on sale of joint venture real estate (1) — 5,671 Total dispositions 392 46.0 $ 49,800 $ 17,570 2014 Lake Orion Plaza Lake Orion, MI 141 N/A 11/05/14 $ 4,300 $ 288 Northwest Crossing Knoxville, TN 124 N/A 10/21/14 15,550 7,082 Fraser Shopping Center Fraser, MI 68 N/A 10/17/14 3,250 186 The Town Center at Aquia - El Gran Charro Outparcel Stafford, VA 6 N/A 05/28/14 1,730 123 Naples Town Center Naples, FL 135 N/A 04/17/14 7,150 2,343 Total income producing dispositions 474 31,980 10,022 Harvest Junction Land - BioLife Outparcel Longmont, CO N/A 3.0 12/5/2014 1,568 371 Parkway Land - Wendy's Outparcel Jacksonville, FL N/A 1.0 8/27/2014 900 258 Parkway Land - Express Oil Change Outparcel Jacksonville, FL N/A 0.7 6/13/2014 680 215 Hartland Land - Taco Bell Outparcel Hartland Township, MI N/A 0.8 5/1/2014 650 (9 ) Total land / outparcel dispositions 5.5 3,798 835 Total dispositions 474 5.5 $ 35,778 $ 10,857 (1) Represents the net proceeds from a joint venture property sale to a third party in October 2015.
Information of Fees Earned	The following table provides information for our fees earned which are reported in our consolidated statements of operations: December 31, 2015 2014 2013 (In thousands) Management fees $ 1,149 $ 1,514 $ 1,875 Leasing fees 311 315 390 Acquisition/disposition fees 108 — — Construction fees 185 230 61 Total $ 1,753 $ 2,059 $ 2,326
Unconsolidated joint ventures
Schedule of Equity Method Investments [Line Items]
Summary of Disposition Activity	The following table provides a summary of our unconsolidated joint venture property disposition activity during 2015 . There were no dispositions of shopping centers in 2014. Property Name Location GLA Date Sold Ownership % 2015 Ramco 450 Venture LLC Chester Springs Chester, NJ 223 10/08/15 20 % Partners Portfolio - 7 Income Producing Properties FL, GA, IL, OH, & MD 1,440 07/21/15 20 % 1,663 Ramco/Lion Venture LP Millennium Park Livonia, MI 273 08/11/15 30 % Village of Oriole Plaza Delray Beach, FL 156 03/24/15 30 % 429 Total 2015 unconsolidated joint venture's dispositions 2,092

Other Assets, Net and Acquire36

Other Assets, Net and Acquired Lease Intangible Assets, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Consisted	Other assets, net consisted of the following: December 31, 2015 2014 (In thousands) Deferred leasing costs, net $ 35,282 $ 33,557 Deferred financing costs, net 1,871 2,551 Acquired development agreements (1) 22,194 23,238 Other, net 2,655 2,718 Total amortizable other assets 62,002 62,064 Straight-line rent receivable, net 17,366 15,805 Goodwill 2,089 2,089 Cash flow hedge marked-to-market asset 642 537 Prepaid and other deferred expenses, net 5,791 7,054 Other assets, net $ 87,890 $ 87,549 (1) Represents the fair value of in-place public improvement fee of approximately $16.6 million and real estate tax exemption agreement of approximately $5.6 million associated with two properties acquired in 2014.
Acquired Lease Intangible Assets, Net	Acquired lease intangible assets, net consisted of the following: December 31, 2015 2014 (In thousands) Lease originations costs $ 119,181 $ 96,059 Above market leases 13,994 14,261 133,175 110,320 Accumulated amortization (44,356 ) (33,275 ) Net acquired lease intangibles $ 88,819 $ 77,045
Estimated Aggregate Amortization Expense Related to Other Assets	The following table represents estimated aggregate amortization expense related to those assets as of December 31, 2015 : Year Ending December 31, (In thousands) 2016 $ 27,874 2017 20,863 2018 16,452 2019 13,294 2020 10,902 Thereafter 61,436 Total (1) $ 150,821

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Summary of Mortgages, Notes Payable and Capital Lease Obligation	The following table summarizes our mortgages and notes payable and capital lease obligation as of December 31, 2015 and 2014 : December 31, 2015 2014 (In thousands) Senior unsecured notes $ 460,000 $ 310,000 Unsecured term loan facilities 210,000 210,000 Fixed rate mortgages 322,457 354,714 Unsecured revolving credit facility 60,000 10,000 Junior subordinated notes 28,125 28,125 1,080,582 912,839 Unamortized premium 6,935 8,866 Unamortized deferred financing costs (3,806 ) (4,047 ) $ 1,083,711 $ 917,658 Capital lease obligation $ 1,108 $ 1,828
Scheduled Principal Payments on Mortgages and Notes Payable	The following table presents scheduled principal payments on mortgages and notes payable and capital lease payments as of December 31, 2015 : Year Ending December 31, Principal Payments Capital Lease Payments (In thousands) 2016 $ 35,845 $ 100 2017 129,096 100 2018 (1) 159,132 100 2019 5,860 100 2020 102,269 100 Thereafter 648,380 1,200 Subtotal debt 1,080,582 1,700 Unamortized mortgage premium 6,935 — Deferred financing costs (3,806 ) — Amounts representing interest — (592 ) Total $ 1,083,711 $ 1,108 (1) Scheduled maturities in 2018 include the $60.0 million balance on the unsecured revolving credit facility drawn as of December 31, 2015 .

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Recorded Amount of Liabilities Measured at Fair Value on Recurring Basis	The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 and 2014 . Balance Sheet location Total Fair Value Level 1 Level 2 Level 3 2015 (In thousands) Derivative assets - interest rate swaps Other assets $ 642 $ — $ 642 $ — Derivative liabilities - interest rate swaps Other liabilities $ (2,241 ) $ — $ (2,241 ) $ — 2014 Derivative assets - interest rate swaps Other assets $ 537 $ — $ 537 $ — Derivative liabilities - interest rate swaps Other liabilities $ (2,705 ) $ — $ (2,705 ) $ —
Recorded Amounts of Assets on Nonrecurring Basis	We did not have any material liabilities that were required to be measured at fair value on a nonrecurring basis during the years ended December 31, 2015 and 2014 . Assets Total Fair Value Level 1 Level 2 Level 3 Total Impairment (In thousands) 2015 Land available for sale $ 453 $ — $ — $ 453 $ (2,521 ) Total $ 453 $ — $ — $ 453 $ (2,521 ) 2014 Income producing properties $ 28,754 $ — $ — $ 28,754 $ (4,580 ) Land available for sale 13,972 — — 13,972 (23,285 ) Total $ 42,726 $ — $ — $ 42,726 $ (27,865 )

Derivative Financial Instrume39

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Notional Values and Fair Values of Derivative Financial Instruments	The following table summarizes the notional values and fair values of our derivative financial instruments as of December 31, 2015 : Underlying Debt Hedge Type Notional Value Fixed Rate Fair Value Expiration Date (In thousands) (In thousands) Derivative Assets Unsecured term loan facility Cash Flow $ 20,000 1.4980 % $ 151 05/2021 Unsecured term loan facility Cash Flow 15,000 1.4900 % 128 05/2021 Unsecured term loan facility Cash Flow 40,000 1.4800 % 363 05/2021 $ 75,000 $ 642 Derivative Liabilities Unsecured term loan facility Cash Flow $ 75,000 1.2175 % $ (180 ) 04/2016 Unsecured term loan facility Cash Flow 30,000 2.0480 % (729 ) 10/2018 Unsecured term loan facility Cash Flow 25,000 1.8500 % (472 ) 10/2018 Unsecured term loan facility Cash Flow 5,000 1.8400 % (93 ) 10/2018 Unsecured term loan facility Cash Flow 15,000 2.1500 % (451 ) 05/2020 Unsecured term loan facility Cash Flow 10,000 2.1500 % (301 ) 05/2020 Unsecured term loan facility Cash Flow 50,000 1.4600 % (15 ) 05/2020 $ 210,000 $ (2,241 )
Summary of Effect of Derivative Financial Instruments on Condensed Consolidated Statements of Operations	The effect of derivative financial instruments on our consolidated statements of operations for the year ended December 31, 2015 and 2014 is summarized as follows: Amount of Gain (Loss) Location of Loss Reclassified from Accumulated OCI Amount of Loss Reclassified from Accumulated OCI into Income (Effective Portion) Derivatives in Cash Flow Hedging Relationship Year Ended December 31, into Income Year Ended December 31, 2015 2014 (Effective Portion) 2015 2014 (In thousands) (In thousands) Interest rate contracts - assets $ 1,008 $ (1,046 ) Interest Expense $ (902 ) $ (661 ) Interest rate contracts - liabilities 2,589 1,996 Interest Expense (2,125 ) (2,404 ) Total $ 3,597 $ 950 Total $ (3,027 ) $ (3,065 )

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Approximate Future Minimum Revenues from Rentals under Non-cancelable Operating Leases	Approximate future minimum revenues from rentals under non-cancelable operating leases in effect at December 31, 2015 , assuming no new or renegotiated leases or option extensions on lease agreements and no early lease terminations were as follows: Year Ending December 31, (In thousands) 2016 $ 186,111 2017 168,127 2018 149,005 2019 127,677 2020 109,863 Thereafter 394,388 Total $ 1,135,171 Approximate future rental payments under our non-cancelable leases, assuming no option extensions are as follows: Year Ending December 31, (In thousands) 2016 $ 620 2017 629 2018 638 2019 429 2020 — Thereafter — Total $ 2,316

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic earnings per share (“EPS”): Year Ended December 31, 2015 2014 2013 (In thousands, except per share data) Income (loss) from continuing operations $ 66,895 $ (2,412 ) $ 8,371 Net (income) loss from continuing operations attributable to noncontrolling interest (1,786 ) 48 (355 ) Preferred share dividends and conversion costs (7,338 ) (7,250 ) (7,250 ) Allocation of continuing income to restricted share awards (336 ) (180 ) (102 ) Income (loss) from continuing operations attributable to RPT $ 57,435 $ (9,794 ) $ 664 Income from discontinued operations — — 3,091 Net income from discontinued operations attributable to noncontrolling interest — — (110 ) Allocation of discontinued income to restricted share awards — — (20 ) Income from discontinued operations attributable to RPT — — 2,961 Net income (loss) available to common shareholders $ 57,435 $ (9,794 ) $ 3,625 Weighted average shares outstanding, Basic 78,848 72,118 59,336 Earnings (loss) per common share, Basic Continuing operations $ 0.73 $ (0.14 ) $ 0.01 Discontinued operations — — 0.05 $ 0.73 $ (0.14 ) $ 0.06 The following table sets forth the computation of diluted EPS: Year Ended December 31, 2015 2014 2013 (In thousands, except per share data) Income (loss) from continuing operations $ 66,895 $ (2,412 ) $ 8,371 Net (income) loss from continuing operations attributable to noncontrolling interest (1,786 ) 48 (355 ) Preferred share dividends and conversion costs (7,338 ) (7,250 ) (7,250 ) Allocation of continuing income to restricted share awards (336 ) (180 ) (102 ) Income (loss) from continuing operations attributable to RPT $ 57,435 $ (9,794 ) $ 664 Income from discontinued operations — — 3,091 Net income from discontinued operations attributable to noncontrolling interest — — (110 ) Income from discontinued operations attributable to RPT — — 2,981 Net income (loss) available to common shareholders $ 57,435 $ (9,794 ) $ 3,645 Weighted average shares outstanding, Basic 78,848 72,118 59,336 Stock options and restricted share awards using the treasury method (1) 187 — 392 Weighted average shares outstanding, Diluted (2)(3) 79,035 72,118 59,728 Earnings (loss) per common share, Diluted Continuing operations $ 0.73 $ (0.14 ) $ 0.01 Discontinued operations — — 0.05 $ 0.73 $ (0.14 ) $ 0.06 (1) For the year ended December 31, 2014 stock options and restricted stock awards are anti-dilutive and accordingly, have been excluded from the weighted average common shares used to compute diluted EPS. (2) The assumed conversion of preferred shares are anti-dilutive for all periods presented and accordingly, have been excluded from the weighted average common shares used to compute diluted EPS. (3) The effect of the conversion of Common OP Units is not reflected in the computation of basic and diluted earnings per share, as they are exchangeable for Common Shares on a one-for-one basis. The income allocable to such units is allocated on this same basis and reflected as noncontrolling interests in the accompanying consolidated financial statements. As such, the assumed conversion of these units would have no net impact on the determination of diluted earnings per share

Shareholder's Equity - Dividend

Shareholder's Equity - Dividends Declared (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Summary of Dividends Declared	The following table provides a summary of dividends declared and paid per share: Year Ended December 31, 2015 2014 2013 Declared Paid Declared Paid Declared Paid Common shares $ 0.820 $ 0.810 $ 0.7750 $ 0.7625 $ 0.7115 $ 0.6923 Preferred shares $ 3.625 $ 3.625 $ 3.625 $ 3.625 $ 3.625 $ 3.625

Share-Based Compensation and 43

Share-Based Compensation and Other Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Activity of Service Based Restricted Shares under LTIP	A summary of the activity of service based restricted shares under the LTIP for the years ended December 31, 2015 , 2014 and 2013 is presented below: 2015 2014 2013 Number of Shares Weighted- Average Grant Date Fair Value Number of Shares Weighted- Average Grant Date Fair Value Number of Shares Weighted- Average Grant Date Fair Value Outstanding, beginning of the year 365,524 $ 14.92 375,813 $ 13.71 286,306 $ 11.83 Granted 180,914 17.77 286,954 16.70 293,732 15.68 Vested (176,816 ) 14.29 (281,851 ) 12.69 (197,014 ) 10.07 Forfeited or expired (41,890 ) 16.17 (15,392 ) 14.69 (7,211 ) 13.38 Outstanding, end of the year 327,732 16.39 365,524 14.92 375,813 13.71
Stock Option Activity for All Plans	The following table reflects the stock option activity for all plans described above: 2015 2014 2013 Shares Under Option Weighted-Average Exercise Price Shares Under Option Weighted-Average Exercise Price Shares Under Option Weighted-Average Exercise Price Outstanding, beginning of the year 155,248 $ 30.94 190,993 $ 30.34 227,743 $ 27.81 Exercised — — — — (25,000 ) 9.61 Forfeited or expired (48,083 ) 28.29 (35,745 ) 27.73 (11,750 ) 25.34 Outstanding, end of the year 107,165 $ 32.13 155,248 $ 30.94 190,993 $ 30.34 Exercisable, end of the year 107,165 $ 32.13 155,248 $ 30.94 190,993 $ 30.34
Summary of Options Outstanding	The following table summarizes information about options outstanding at December 31, 2015 : Options Outstanding Options Exercisable Range of Exercise Price Outstanding Weighted-Average Remaining Contractual Life Weighted-Average Exercise Price Exercisable Weighted-Average Exercise Price $23.77 - $27.96 10,000 0.5 $ 26.68 10,000 $ 26.68 $28.80 - $29.06 34,025 0.2 29.06 34,025 29.06 $34.30 - $36.50 63,140 1.2 34.65 63,140 34.65 107,165 0.8 $ 32.13 107,165 $ 32.13

Quarterly Financial Data (Una44

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations	The following table sets forth summarized quarterly financial data for the year ended December 31, 2015 : Quarters Ended 2015 March 31 June 30 September 30 December 31 (In thousands, except per share amounts) Total revenue $ 59,417 $ 59,735 $ 64,060 $ 68,578 Operating income $ 14,631 $ 15,910 $ 18,854 $ 16,102 Net income attributable to RPT $ 9,667 $ 7,090 $ 33,666 $ 14,686 Net income available to common shareholders $ 7,855 $ 4,915 $ 31,991 $ 13,010 Earnings per common share, basic: (1) $ 0.10 $ 0.06 $ 0.39 $ 0.16 Earnings per common share, diluted: (1) $ 0.10 $ 0.06 $ 0.38 $ 0.16 (1) EPS amounts are based on weighted average common shares outstanding during the quarter and, therefore, may not agree with the EPS calculated for the year ended December 31, 2015 . The following table sets forth summarized quarterly financial data for the year ended December 31, 2014 : Quarters Ended 2014 March 31 (1) June 30 (1) September 30 (1) December 31 (1) (In thousands, except per share amounts) Total revenue $ 50,133 $ 49,930 $ 55,143 $ 63,157 Operating income (loss) $ 12,403 $ 6,732 $ 14,782 $ (10,587 ) Net income (loss) attributable to RPT $ 2,672 $ 1,086 $ 6,083 $ (12,205 ) Net income (loss) available to common shareholders $ 860 $ (727 ) $ 4,270 $ (14,017 ) Earnings (loss) per common share, basic: (1) $ 0.01 $ (0.01 ) $ 0.06 $ (0.18 ) Earnings (loss) per common share, diluted: (1) $ 0.01 $ (0.01 ) $ 0.06 $ (0.18 ) (1) EPS amounts are based on weighted average common shares outstanding during the quarter and, therefore, may not agree with the EPS calculated for the year ended December 31, 2014 .

Organization and Summary of S45

Organization and Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands, ft² in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)ft²metropolitan_marketpropertyinvestmentsegment	Dec. 31, 2014USD ($)property	Dec. 31, 2013USD ($)
Basis of Presentation [Line Items]
Number of metropolitan markets in which entity operates | metropolitan_market		12
Area of an real estate property | ft²		15.3
Number of joint ventures | investment		4
Ownership interest in Ramco-Gershenson Properties, L. P.		97.60%	97.20%	96.80%
Non-voting and voting common stock, percentage of ownership		100.00%
Comprehensive (income) loss attributable to noncontrolling interest		$ (1,794)	$ 113	$ (660)
Comprehensive (loss) income attributable to RPT		65,671	(4,414)	16,322
Accounts receivable, net		18,705	11,997
Allowances for doubtful accounts receivable		2,800	2,300
Straight-line rent receivable, net		$ 17,400	15,800
Maximum period project is not depreciated following completion		1 year
Maximum period indirect project costs associated with construction are capitalized		1 year
Provision for impairment		$ 2,521	$ 27,865	9,669
Number of equity investments | investment		4
Number of properties acquired | property			2
Amount in excess of the FDIC insured limit		$ 11,200
Noncontrolling interest, exchange ratio for Company common stock		1
Number of reportable segment individual properties aggregated | segment		1
Shopping centers
Basis of Presentation [Line Items]
Number of real estate properties owned and managed | property		70
Office building
Basis of Presentation [Line Items]
Number of real estate properties owned and managed | property		1
Land available for sale
Basis of Presentation [Line Items]
Provision for impairment	$ 2,521	$ 2,521
Ramco/Lion Venture LP
Basis of Presentation [Line Items]
Percentage of ownership		30.00%
Smaller joint ventures
Basis of Presentation [Line Items]
Number of joint ventures | investment		3
Smaller joint ventures | Shopping centers
Basis of Presentation [Line Items]
Number of real estate properties owned and managed | property		1
Minimum
Basis of Presentation [Line Items]
Percentage of ownership interest		7.00%
Minimum | Smaller joint ventures
Basis of Presentation [Line Items]
Percentage of ownership interest		7.00%
Maximum
Basis of Presentation [Line Items]
Percentage of ownership interest		30.00%
Maximum | Smaller joint ventures
Basis of Presentation [Line Items]
Percentage of ownership interest		30.00%
Buildings | Minimum
Basis of Presentation [Line Items]
Property plant and equipment, estimated useful lives		10 years
Buildings | Maximum
Basis of Presentation [Line Items]
Property plant and equipment, estimated useful lives		40 years
Parking lot surfacing and equipment | Minimum
Basis of Presentation [Line Items]
Property plant and equipment, estimated useful lives		5 years
Parking lot surfacing and equipment | Maximum
Basis of Presentation [Line Items]
Property plant and equipment, estimated useful lives		30 years
Other capitalized property plant and equipment | Minimum
Basis of Presentation [Line Items]
Property plant and equipment, estimated useful lives		15 years
Other capitalized property plant and equipment | Maximum
Basis of Presentation [Line Items]
Property plant and equipment, estimated useful lives		25 years
Scenario, Previously Reported
Basis of Presentation [Line Items]
Comprehensive (income) loss attributable to noncontrolling interest			$ 65	(195)
Comprehensive (loss) income attributable to RPT			$ (4,462)	$ 16,787

Real Estate - Land Held for Dev

Real Estate - Land Held for Development (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Real Estate [Abstract]
Construction in progress	$ 20,603	$ 25,667
Land available for development	28,503	27,167
Land available for sale	11,060	21,821
Construction in progress and land available for development or sale	$ 60,166	$ 74,655

Real Estate - Additional Inform

Real Estate - Additional Information (Detail)	Dec. 31, 2015property
Real Estate [Abstract]
Projects under pre-development, number of properties	3

Property Acquisitions and Dis48

Property Acquisitions and Dispositions - Summary of Acquisitions (Detail) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)aft²	Dec. 31, 2014USD ($)aft²
Total consolidated income producing acquisitions
Business Acquisition [Line Items]
GLA | ft²	1,491	1,546
Acreage | a		2.4
Gross Purchase Price	$ 252,700	$ 321,892
Gross Debt	$ 60,048	$ 58,634
Total consolidated income producing acquisitions | Millennium Park
Business Acquisition [Line Items]
Location	Livonia, MI
GLA | ft²	273
Date Acquired	Aug. 15, 2015
Gross Purchase Price	$ 47,000
Gross Debt	$ 0
Total consolidated income producing acquisitions | Spring Meadows - Kroger Building
Business Acquisition [Line Items]
Location	Holland, OH
GLA | ft²	51
Date Acquired	Aug. 6, 2015
Gross Purchase Price	$ 4,110
Gross Debt	$ 0
Total consolidated income producing acquisitions | Ramco 450 - 6 Income Producing Properties
Business Acquisition [Line Items]
Location	GA, IL, OH, & MD
GLA | ft²	1,126
Date Acquired	Jul. 21, 2015
Gross Purchase Price	$ 191,090
Gross Debt	$ 60,048
Total consolidated income producing acquisitions | Jackson Plaza
Business Acquisition [Line Items]
Location	Jackson, MI
GLA | ft²	15
Date Acquired	Jun. 22, 2015
Gross Purchase Price	$ 5,000
Gross Debt	$ 0
Total consolidated income producing acquisitions | West Oaks II - Petco parcel
Business Acquisition [Line Items]
Location	Novi, MI
GLA | ft²	26
Date Acquired	Jun. 10, 2015
Gross Purchase Price	$ 5,500
Gross Debt	$ 0
Total consolidated income producing acquisitions | Front Range Village
Business Acquisition [Line Items]
Location		Fort Collins, CO
GLA | ft²		459
Date Acquired		Sep. 4, 2014
Gross Purchase Price		$ 128,250
Gross Debt		$ 0
Total consolidated income producing acquisitions | Buttermilk Towne Center
Business Acquisition [Line Items]
Location		Crescent Springs (Cincinnati), KY
GLA | ft²		278
Date Acquired		Aug. 22, 2014
Gross Purchase Price		$ 41,900
Gross Debt		$ 0
Total consolidated income producing acquisitions | Woodbury Lakes
Business Acquisition [Line Items]
Location		Woodbury (Minneapolis), MN
GLA | ft²		305
Acreage | a		2.4
Date Acquired		Jul. 22, 2014
Gross Purchase Price		$ 66,200
Gross Debt		$ 0
Total consolidated income producing acquisitions | Bridgewater Falls Shopping Center
Business Acquisition [Line Items]
Location		Hamilton (Cincinnati), OH
GLA | ft²		504
Date Acquired		Jul. 10, 2014
Gross Purchase Price		$ 85,542
Gross Debt		$ 58,634
Total consolidated land acquisitions
Business Acquisition [Line Items]
Acreage | a	3.5	9.9
Gross Purchase Price	$ 1,475	$ 1,216
Gross Debt	$ 0	$ 0
Total consolidated land acquisitions | Gaines Marketplace
Business Acquisition [Line Items]
Location	Gaines Township, MI
Acreage | a	1.9
Date Acquired	Feb. 12, 2015
Gross Purchase Price	$ 1,000
Gross Debt	$ 0
Total consolidated land acquisitions | Lakeland Park Center
Business Acquisition [Line Items]
Location	Lakeland, FL
Acreage | a	1.6
Date Acquired	Jan. 23, 2015
Gross Purchase Price	$ 475
Gross Debt	$ 0
Total consolidated land acquisitions | The Shoppes at Fox River
Business Acquisition [Line Items]
Location		Waukesha (Milwaukee), WI
Acreage | a		9.9
Date Acquired		Sep. 8, 2014
Gross Purchase Price		$ 1,216
Gross Debt		$ 0
Income producing property and land and outparcel acquisition
Business Acquisition [Line Items]
GLA | ft²	1,491	1,546
Acreage | a	3.5	12.3
Gross Purchase Price	$ 254,175	$ 323,108
Gross Debt	$ 60,048	$ 58,634

Property Acquisitions and Dis49

Property Acquisitions and Dispositions - Total Aggregate Fair Value of Acquisitions Allocated and Reflected in Accordance with Accounting Guidance for Business Combinations (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Sep. 30, 2015
Business Acquisition [Line Items]
Net assets acquired	$ 152,923	$ 264,474	$ 342,787
Level 2
Business Acquisition [Line Items]
Land	50,367	55,618	122,963
Buildings and improvements	183,651	235,322	406,743
Above market leases	1,014	4,775	6,977
Lease origination costs	32,683	23,343	50,577
Other assets	4,256	30,883	10,196
Below market leases	(16,616)	(18,836)	(27,216)
Premium for above market interest rates on assumed debt	(1,180)	(6,830)	(3,697)
Capital lease obligation	0	(1,167)	0
Total purchase price allocated	254,175	323,108	566,543
Mortgages notes assumed	(60,048)	(58,634)	(158,767)
RPT's fair value of existing ownership	$ (41,204)	$ 0	$ (64,989)
Total consolidated income producing acquisitions | Ramco 450 - 6 Income Producing Properties
Business Acquisition [Line Items]
Partner's interest acquired				80.00%
Number of real estate properties owned and managed | property	6
Total consolidated income producing acquisitions | Millennium Park
Business Acquisition [Line Items]
Partner's interest acquired				70.00%

Property Acquisitions and Dis50

Property Acquisitions and Dispositions - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)parcel
Business Combinations [Abstract]
Total revenue from acquisitions included in consolidated statement of operations	$ 11.6
Net income from acquisitions included in consolidated statement of operations	$ 1.4
Parcel of land | parcel	1

Property Acquisitions and Dis51

Property Acquisitions and Dispositions - Pro Forma Revenue and Income (Details) - Total consolidated income producing acquisitions - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Consolidated revenue	$ 265,524	$ 242,354
Consolidated net income (loss) available to common shareholders	$ 59,098	$ (7,494)

Property Acquisitions and Dis52

Property Acquisitions and Dispositions - Summary of Disposition Activity (Detail) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)aft²	Dec. 31, 2014USD ($)aft²
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity investments in unconsolidated joint ventures	$ 4,325	$ 28,733
Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GLA | ft²	357	474
Acreage | a	1.3
Gross Sales Price	$ 31,050	$ 31,980
Gain (loss) on Sale	$ 8,224	$ 10,022
Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GLA | ft²	35
Acreage | a	44.7	5.5
Gross Sales Price	$ 18,750	$ 3,798
Gain (loss) on Sale	$ 3,675	$ 835
Income producing property and land and outparcel disposition
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GLA | ft²	392	474
Acreage | a	46	5.5
Gross Sales Price	$ 49,800	$ 35,778
Gain (loss) on Sale	$ 17,570	$ 10,857
Horizon Village | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location	Suwanee, GA
GLA | ft²	97
Date Sold	Dec. 23, 2015
Gross Sales Price	$ 9,300
Gain (loss) on Sale	$ 1,268
Cocoa Commons | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location	Cocoa, FL
GLA | ft²	90
Date Sold	Nov. 19, 2015
Gross Sales Price	$ 12,000
Gain (loss) on Sale	$ 2,420
Conyers Crossing | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location	Conyers, GA
GLA | ft²	170
Acreage | a	1.3
Date Sold	Sep. 30, 2015
Gross Sales Price	$ 9,750
Gain (loss) on Sale	$ 4,536
The Towne Center at Aquia - Commercial / Residential Outparcels | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location	Stafford, VA
GLA | ft²	35
Acreage | a	32.8
Date Sold	May 29, 2015
Gross Sales Price	$ 13,350
Gain (loss) on Sale	$ 495
Taylors Square - Outparcel | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location	Taylors, SC
Acreage | a	0.6
Date Sold	Apr. 22, 2015
Gross Sales Price	$ 250
Gain (loss) on Sale	$ (16)
Gaines Marketplace | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location	Gaines Township, MI
Acreage | a	11.3
Date Sold	Feb. 12, 2015
Gross Sales Price	$ 5,150
Gain (loss) on Sale	3,196
Joint Venture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gross Sales Price	0
Gain (loss) on Sale	$ 5,671
Lake Orion Plaza | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Lake Orion, MI
GLA | ft²		141
Date Sold		Nov. 5, 2014
Gross Sales Price		$ 4,300
Gain (loss) on Sale		$ 288
Northwest Crossing | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Knoxville, TN
GLA | ft²		124
Date Sold		Oct. 21, 2014
Gross Sales Price		$ 15,550
Gain (loss) on Sale		$ 7,082
Fraser Shopping Center | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Fraser, MI
GLA | ft²		68
Date Sold		Oct. 17, 2014
Gross Sales Price		$ 3,250
Gain (loss) on Sale		$ 186
The Town Center at Aquia - El Gran Charro Outparcel | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Stafford, VA
GLA | ft²		6
Date Sold		May 28, 2014
Gross Sales Price		$ 1,730
Gain (loss) on Sale		$ 123
Naples Town Center | Total consolidated income producing dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Naples, FL
GLA | ft²		135
Date Sold		Apr. 17, 2014
Gross Sales Price		$ 7,150
Gain (loss) on Sale		$ 2,343
Harvest Junction Land - BioLife Outparcel | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Longmont, CO
Acreage | a		3
Date Sold		Dec. 5, 2014
Gross Sales Price		$ 1,568
Gain (loss) on Sale		$ 371
Parkway Land - Wendy's Outparcel | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Jacksonville, FL
Acreage | a		1
Date Sold		Aug. 27, 2014
Gross Sales Price		$ 900
Gain (loss) on Sale		$ 258
Parkway Land - Express Oil Change Outparcel | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Jacksonville, FL
Acreage | a		0.7
Date Sold		Jun. 13, 2014
Gross Sales Price		$ 680
Gain (loss) on Sale		$ 215
Hartland Land - Taco Bell Outparcel | Consolidated / outparcel dispositions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Hartland Township, MI
Acreage | a		0.8
Date Sold		May 1, 2014
Gross Sales Price		$ 650
Gain (loss) on Sale		$ (9)

Discontinued Operations - Summa

Discontinued Operations - Summary of Selected Operating Results for Properties Sold or Held for Sale (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]
Total revenue			$ 2,175
Expenses:
Recoverable operating expenses and real estate taxes			570
Other non-recoverable property operating expenses			2
Depreciation and amortization			537
Operating income			1,066
Other expense			95
Gain on sale of properties	$ 0	$ 0	2,120
INCOME FROM DISCONTINUED OPERATIONS	$ 0	$ 0	$ 3,091

Impairment Provisions - Summary

Impairment Provisions - Summary of Impairment Provisions (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Impaired Long-Lived Assets Held and Used [Line Items]
Provision for impairment		$ 2,521	$ 27,865	$ 9,669
Total		2,521	27,865	9,669
Land held for development or available for sale
Impaired Long-Lived Assets Held and Used [Line Items]
Provision for impairment			23,285	327
Total	$ 2,521	2,521
Income producing properties marketed for sale
Impaired Long-Lived Assets Held and Used [Line Items]
Provision for impairment		$ 0	$ 4,580	$ 9,342

Equity Investments in Unconso55

Equity Investments in Unconsolidated Joint Ventures - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015investment
Schedule of Equity Method Investments [Line Items]
Number of joint ventures	4
Minimum
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest	7.00%
Maximum
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest	30.00%

Equity Investments in Unconso56

Equity Investments in Unconsolidated Entities - Summary of Combined Financial Information of Unconsolidated Entities, Balance Sheets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Investment in real estate, net	$ 63,623	$ 394,740
Other assets	4,230	23,102
Total Assets	67,853	417,842
LIABILITIES AND OWNERS' EQUITY
Mortgage notes payable	0	170,194
Other liabilities	750	7,625
Owners' equity	67,103	240,023
Total Liabilities and Owners' Equity	67,853	417,842
RPT's equity investments in unconsolidated joint ventures	$ 4,325	$ 28,733

Equity Investments in Unconso57

Equity Investments in Unconsolidated Entities - Investments in Unconsolidated Joint Ventures (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)investment	Dec. 31, 2014USD ($)
Schedule of Equity Method Investments [Line Items]
Total Assets	$ 67,853	$ 417,842
Number of joint ventures | investment	4
Equity investments in unconsolidated joint ventures	$ 4,325	$ 28,733

Equity Investments in Unconso58

Equity Investments in Unconsolidated Entities - Summary of Combined Financial Information of Unconsolidated Entities, Statements of Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]
Total revenue	$ 10,297	$ 14,038	$ 14,674
Total expenses	(7,113)	(10,848)	(11,106)
Gain on sale of real estate	9,237	740	0
Gain on extinguishment of debt	0	529	0
Income from continuing operations	12,421	4,459	3,568
Discontinued operations
Loss on sale of real estate	3,025	0	(21,512)
Income (loss) from discontinued operations	857	(7,477)	1,157
Income (loss) from discontinued operations	3,882	(7,477)	(20,355)
Net income (loss)	16,303	(3,018)	(16,787)
RPT's share of earnings (loss) from unconsolidated joint ventures	$ 17,696	$ 75	$ (4,759)

Equity Investments in Unconso59

Equity Investments in Unconsolidated Entities - Summary of Combined Financial Information of Unconsolidated Entities, Statements of Operations Narrative (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]
Share of gain	$ 9,237	$ 740	$ 0
Gain (Loss) on sale of real estate	$ (3,025)	$ 0	$ 21,512

Equity Investments in Unconso60

Equity Investments in Unconsolidated Entities - Disposition Activity of Equity Investments in Unconsolidated Entities (Detail) ft² in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)ft²	Dec. 31, 2013USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations | $	$ 857	$ (7,477)	$ 1,157
Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GLA		2
Ramco 450 - 6 Income Producing Properties
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of real estate properties | property	6
Chester Springs | Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Chester, NJ
GLA		0
Date Sold		Oct. 8, 2015
Ownership %		20.00%
Partners Portfolio - 7 Income Producing Properties
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of real estate properties | property	7
Gain on sale of properties in joint venture | $	$ 65,600
Income (loss) from discontinued operations | $	$ 13,100
Partners Portfolio - 7 Income Producing Properties | Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		FL, GA, IL, OH, & MD
GLA		1
Date Sold		Jul. 21, 2015
Ownership %		20.00%
Ramco 450 Venture LLC
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of real estate properties | property	1
Ramco 450 Venture LLC | Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GLA		2
Millennium Park | Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Livonia, MI
GLA		0
Date Sold		Aug. 11, 2015
Ownership %		30.00%
Village of Oriole Plaza | Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Location		Delray Beach, FL
GLA		0
Date Sold		Mar. 24, 2015
Ownership %		30.00%
Ramco/Lion Venture LP | Unconsolidated joint ventures
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
GLA		0

Equity Investments in Unconso61

Equity Investments in Unconsolidated Entities - Information of Fees Earned (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]
Management fees	$ 1,149	$ 1,514	$ 1,875
Leasing fees	311	315	390
Acquisition/disposition fees	108	0	0
Construction fees	185	230	61
Total	$ 1,753	$ 2,059	$ 2,326

Other Assets, Net and Acquire62

Other Assets, Net and Acquired Lease Intangible Assets, Net - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Straight-line rent receivables	$ 3.5	$ 4.3
Remaining weighted-average amortization period	4 years 3 months 18 days
Amortization of intangible assets	$ 3.1	$ 2.7	$ 2.1

Other Assets, Net and Acquire63

Other Assets, Net and Acquired Lease Intangible Assets, Net - Components of Other Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred leasing costs, net	$ 35,282	$ 33,557
Deferred financing costs, net	1,871	2,551
Acquired development agreements	22,194	23,238
Other, net	2,655	2,718
Other Amortizable Assets	62,002	62,064
Straight-line rent receivable, net	17,366	15,805
Goodwill	2,089	2,089
Cash flow hedge marked-to-market asset	642	537
Prepaid and other deferred expenses, net	5,791	7,054
Other assets, net	$ 87,890	$ 87,549

Other Assets, Net and Acquire64

Other Assets, Net and Acquired Lease Intangible Assets, Net - Components of Other Assets Narrative (Details) $ in Millions	Dec. 31, 2015USD ($)	Dec. 31, 2014property
Front Range Village
Business Acquisition [Line Items]
Public improvement fee	$ 16.6
Buttermilk Towne Center
Business Acquisition [Line Items]
Real estate tax exemption	$ 5.6
Number of real estate properties | property		2

Other Assets, Net and Acquire65

Other Assets, Net and Acquired Lease Intangible Assets, Net - Intangible Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Acquired lease intangible assets	$ 133,175	$ 110,320
Accumulated amortization	(44,356)	(33,275)
Net acquired lease intangibles	88,819	77,045
Lease originations costs
Finite-Lived Intangible Assets [Line Items]
Acquired lease intangible assets	119,181	96,059
Above market leases
Finite-Lived Intangible Assets [Line Items]
Acquired lease intangible assets	$ 13,994	$ 14,261

Other Assets, Net and Acquire66

Other Assets, Net and Acquired Lease Intangible Assets, Net - Estimated Aggregate Amortization Expense (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Amortization Expense of Other Assets, Fiscal Year Maturity [Abstract]
2,016	$ 27,874
2,017	20,863
2,018	16,452
2,019	13,294
2,020	10,902
Thereafter	61,436
Total	150,821
Goodwill	$ 2,089	$ 2,089

Debt - Summary of Mortgages, No

Debt - Summary of Mortgages, Notes Payable and Capital Lease Obligation (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Senior unsecured notes	$ 460,000	$ 310,000
Unsecured term loan facilities	210,000	210,000
Fixed rate mortgages	322,457	354,714
Unsecured revolving credit facility	60,000	10,000
Junior subordinated notes	28,125	28,125
Subtotal debt	1,080,582	912,839
Unamortized premium	6,935	8,866
Deferred financing costs	(3,806)	(4,047)
Total	1,083,711	917,658
Capital lease obligation	$ 1,108	$ 1,828

Debt - Additional Information (

Debt - Additional Information (Detail)	9 Months Ended	12 Months Ended
	Sep. 30, 2015USD ($)mortgage	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Debt Instrument [Line Items]
Senior unsecured notes		$ 460,000,000	$ 310,000,000
Number of additional mortgage loans | mortgage	2
Mortgage debt interest rate	5.798%
Unsecured revolving credit facility		60,000,000	10,000,000
Escrow Deposits Related to Property Sales	$ 1,700,000
Number of loans assumed | mortgage	3
Mortgages payable		322,457,000	354,714,000
Gain (loss) on extinguishment of debt		1,414,000	(860,000)	$ (340,000)
Unamortized mortgage premium		6,935,000	8,866,000
Net (repayments) proceeds on revolving credit facility		(50,000,000)	17,000,000	13,000,000
Capital ground lease, amount expensed as interest		100,000	$ 200,000	$ 300,000
Ramco 450 Mortgage Notes
Debt Instrument [Line Items]
Repayments of debt, pro rata share	$ 11,300,000
Weighted average interest rate	4.10%
Loans Assumed	$ 60,100,000
Extinguishment of debt, amount	41,700,000
Unamortized mortgage premium	$ 1,200,000
Mortgage Notes
Debt Instrument [Line Items]
Weighted average interest rate	5.20%
Extinguishment of debt, amount	$ 86,500,000
Gain (loss) on extinguishment of debt	1,387,000
The Town Center at Aquia - El Gran Charro Outparcel
Debt Instrument [Line Items]
Secured Debt	12,000,000
Unsecured Debt
Debt Instrument [Line Items]
Senior unsecured notes		670,000,000
Fixed Rate Mortgages
Debt Instrument [Line Items]
Senior unsecured notes	$ 100,000,000
Other long-term debt, term	10 years
Mortgages payable		$ 322,500,000
Mortgage debt interest rate, minimum		2.90%
Mortgage debt interest rate, maximum		7.40%
Net book value of mortgages on properties		$ 403,200,000
Fixed Rate Mortgages | Series A
Debt Instrument [Line Items]
Senior unsecured notes	$ 50,000,000
Mortgage debt interest rate	4.09%
Fixed Rate Mortgages | Series B
Debt Instrument [Line Items]
Senior unsecured notes	$ 25,000,000
Other long-term debt, term	9 years
Mortgage debt interest rate	4.05%
Fixed Rate Mortgages | Series C
Debt Instrument [Line Items]
Senior unsecured notes	$ 25,000,000
Other long-term debt, term	11 years
Mortgage debt interest rate	4.28%
Fixed Rate Mortgages | Shelf Facility [Member]
Debt Instrument [Line Items]
Other long-term debt, term	10 years
Mortgage debt interest rate	4.20%
Unsecured revolving credit facility	$ 50,000,000
Minimum
Debt Instrument [Line Items]
Fixed Rate		1.20%
Minimum | Unsecured Debt
Debt Instrument [Line Items]
Mortgage debt interest rate		2.90%
Maximum
Debt Instrument [Line Items]
Fixed Rate		2.20%
Maximum | Unsecured Debt
Debt Instrument [Line Items]
Mortgage debt interest rate		4.70%
London Interbank Offered Rate (LIBOR) | Junior Subordinated Notes
Debt Instrument [Line Items]
Debt instrument interest rate above LIBOR		3.30%
Revolving Credit Facility | Master Loan Agreement
Debt Instrument [Line Items]
Weighted average interest rate		1.60%
Net (repayments) proceeds on revolving credit facility		$ (50,000,000)
Letter of credit, outstanding balance		3,500,000
Line of credit facility, maximum borrowing capacity		350,000,000
Line of credit facility, remaining borrowing capacity		$ 286,500,000

Debt - Scheduled Principal Paym

Debt - Scheduled Principal Payments on Mortgages and Notes Payable (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Mortgage Loans on Real Estate [Abstract]
Subtotal debt	$ 1,080,582	$ 912,839
Unamortized mortgage premium	6,935	8,866
Deferred financing costs	(3,806)	(4,047)
Total	1,083,711	$ 917,658
Mortgages
Mortgage Loans on Real Estate [Abstract]
2,016	35,845
2,017	129,096
2,018	159,132
2,019	5,860
2,020	102,269
Thereafter	648,380
Subtotal debt	1,080,582
Unamortized mortgage premium	6,935
Deferred financing costs	(3,806)
Total	1,083,711
Capital Lease Obligations
Capital Lease Obligations [Abstract]
2,016	100
2,017	100
2,018	100
2,019	100
2,020	100
Thereafter	1,200
Subtotal debt	1,700
Amounts representing interest	(592)
Total	1,108
Unsecured Revolving Credit Facility
Mortgage Loans on Real Estate [Abstract]
2,019	$ 60,000

Acquired Lease Intangible Lia70

Acquired Lease Intangible Liabilities, Net - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Liabilities Disclosure [Abstract]
Lease intangible liabilities, net	$ 64,193	$ 54,278
Increase in revenue, accretion of below market leases	$ 5,800	$ 4,900	$ 3,100

Fair Value - Recorded Amount of

Fair Value - Recorded Amount of Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets - interest rate swaps	$ 642	$ 537
Derivative liabilities - interest rate swaps	(2,241)	(2,705)
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets - interest rate swaps	642	537
Derivative liabilities - interest rate swaps	$ (2,241)	$ (2,705)

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements [Line Items]
Notes payable, net	$ 1,083,711	$ 917,658
Fixed Rate Mortgages
Fair Value Measurements [Line Items]
Notes payable, net	996,300	880,300
Long term debt, fair value	1,011,200	900,900
Floating Rate Debt
Fair Value Measurements [Line Items]
Long term debt, fair value	$ 87,400	$ 37,400

Fair Value - Recorded Amount 73

Fair Value - Recorded Amount of Assets Marked to Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Total Fair Value	$ 453	$ 42,726
Total Impairment	(2,521)	(27,865)
Level 3
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Total Fair Value	453	42,726
Income producing properties
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Total Fair Value		28,754
Total Impairment		(4,580)
Income producing properties | Level 3
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Total Fair Value		28,754
Land available for sale
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Total Fair Value	453	13,972
Total Impairment	(2,521)	(23,285)
Land available for sale | Level 3
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Total Fair Value	$ 453	$ 13,972

Derivative Financial Instrume74

Derivative Financial Instruments - Additional Information (Details)	Dec. 31, 2015USD ($)investment
Derivative [Line Items]
Number of interest rate swap agreements | investment	7
Aggregate national value	$ 210,000,000
Aggregate notional value, derivative asset	$ 75,000,000
Minimum
Derivative [Line Items]
Aggregate notional amount, derivative liability	1.20%
Maximum
Derivative [Line Items]
Aggregate notional amount, derivative liability	2.20%

Derivative Financial Instrume75

Derivative Financial Instruments - Summary of Notional Values and Fair Values of Derivative Financial Instruments (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Derivative Assets
Notional Value	$ 75,000,000
Fair Value	642,000	$ 537,000
Derivative Liabilities
Notional Value	210,000,000
Fair Value	(2,241,000)
Unsecured term loan facility with: 1.4980 % Swap Rate, Expiration Date 05/2021
Derivative Assets
Notional Value	$ 20,000,000
Fixed Rate	1.498%
Fair Value	$ 151,000
Unsecured term loan facility with: 1.4900 % Swap Rate, Expiration Date 05/2021
Derivative Assets
Notional Value	$ 15,000,000
Fixed Rate	1.49%
Fair Value	$ 128,000
Unsecured term loan facility with: 1.4800 % Swap Rate, Expiration Date 05/2021
Derivative Assets
Notional Value	$ 40,000,000
Fixed Rate	1.48%
Fair Value	$ 363,000
Unsecured term loan facility with: 1.2175 % Swap Rate, Expiration Date 04/2016
Derivative Assets
Fixed Rate	1.2175%
Derivative Liabilities
Notional Value	$ 75,000,000
Fair Value	$ (180,000)
Unsecured term loan facility with: 2.0480 % Swap Rate, Expiration Date 10/2018
Derivative Assets
Fixed Rate	2.048%
Derivative Liabilities
Notional Value	$ 30,000,000
Fair Value	$ (729,000)
Unsecured term loan facility with: 1.8500 % Swap Rate, Expiration Date 10/2018
Derivative Assets
Fixed Rate	1.85%
Derivative Liabilities
Notional Value	$ 25,000,000
Fair Value	$ (472,000)
Unsecured term loan facility with: 1.8400 % Swap Rate, Expiration Date 10/2018
Derivative Assets
Fixed Rate	1.84%
Derivative Liabilities
Notional Value	$ 5,000,000
Fair Value	$ (93,000)
Unsecured term loan facility with: 2.1500 % Swap Rate, Expiration Date 05/2020
Derivative Assets
Fixed Rate	2.15%
Derivative Liabilities
Notional Value	$ 15,000,000
Fair Value	$ (451,000)
Unsecured term loan facility with: 2.1500 % Swap Rate, Expiration Date 05/2020
Derivative Assets
Fixed Rate	2.15%
Derivative Liabilities
Notional Value	$ 10,000,000
Fair Value	$ (301,000)
Unsecured term loan facility with: 1.4600 % Swap Rate, Expiration Date 05/2020
Derivative Assets
Fixed Rate	1.46%
Derivative Liabilities
Notional Value	$ 50,000,000
Fair Value	$ (15,000)

Derivative Financial Instrume76

Derivative Financial Instruments - Summary of Effect of Derivative Financial Instruments on Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)	$ 3,597	$ 950
Amount of Loss Reclassified from Accumulated OCI into Income (Effective Portion)	(3,027)	(3,065)
Interest Rate Contracts | Interest Expense | Derivative Assets
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)	1,008	(1,046)
Amount of Loss Reclassified from Accumulated OCI into Income (Effective Portion)	(902)	(661)
Interest Rate Contracts | Interest Expense | Derivative Liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)	2,589	1,996
Amount of Loss Reclassified from Accumulated OCI into Income (Effective Portion)	$ (2,125)	$ (2,404)

Lease - Additional Information

Lease - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Leases [Abstract]
Operating lease, expiration year	Dec. 31, 2019
Rent expense	$ 0.6	$ 0.6	$ 0.7

Leases - Summary of Revenues fr

Leases - Summary of Revenues from Rentals Under Non-Cancellable Operating Lease Agreements (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Operating Leases, Future Minimum Payments Receivable [Abstract]
2,016	$ 186,111
2,017	168,127
2,018	149,005
2,019	127,677
2,020	109,863
Thereafter	394,388
Total	$ 1,135,171

Leases (Summary of Approximate

Leases (Summary of Approximate Future Rental Payments under Lease Agreements) (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	$ 620
2,017	629
2,018	638
2,019	429
2,020	0
Thereafter	0
Total	$ 2,316

Earnings per Common Share (Comp

Earnings per Common Share (Computation of Basic Earnings Per Share) (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Income (loss) from continuing operations									$ 66,895	$ (2,412)	$ 8,371
Preferred share dividends									(6,838)	(7,250)	(7,250)
Income from discontinued operations									0	0	3,091
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 13,010	$ 31,991	$ 4,915	$ 7,855	$ (14,017)	$ 4,270	$ (727)	$ 860	$ 57,771	$ (9,614)	$ 3,747
Weighted average shares outstanding, Basic (in shares)									78,848	72,118	59,336
EARNINGS (LOSS) PER COMMON SHARE, BASIC
Continuing operations (in dollars per share)									$ 0.73	$ (0.14)	$ 0.01
Discontinued operations (in dollars per share)									0	0	0.05
Net income (loss) available to common shareholders (in dollars per share)	$ 0.16	$ 0.39	$ 0.06	$ 0.10	$ (0.18)	$ 0.06	$ (0.01)	$ 0.01	$ 0.73	$ (0.14)	$ 0.06
Basic EPS
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Income (loss) from continuing operations									$ 66,895	$ (2,412)	$ 8,371
Net (income) loss from continuing operations attributable to noncontrolling interest									(1,786)	48	(355)
Preferred share dividends									(7,338)	(7,250)	(7,250)
Allocation of continuing income to restricted share awards									(336)	(180)	(102)
Income (loss) from continuing operations attributable to RPT									57,435	(9,794)	664
Income from discontinued operations									0	0	3,091
Net income from discontinued operations attributable to noncontrolling interest									0	0	(110)
Allocation of discontinued income to restricted share awards									0	0	(20)
Income from discontinued operations attributable to RPT									0	0	2,961
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS									$ 57,435	$ (9,794)	$ 3,625
Weighted average shares outstanding, Basic (in shares)									78,848	72,118	59,336
EARNINGS (LOSS) PER COMMON SHARE, BASIC
Continuing operations (in dollars per share)									$ 0.73	$ (0.14)	$ 0.01
Discontinued operations (in dollars per share)									0	0	0.05
Net income (loss) available to common shareholders (in dollars per share)									$ 0.73	$ (0.14)	$ 0.06

Earnings per Common Share (Co81

Earnings per Common Share (Computation of Diluted Earnings Per Share ("EPS")) (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Income (loss) from continuing operations									$ 66,895	$ (2,412)	$ 8,371
Preferred share dividends									(6,838)	(7,250)	(7,250)
Income from discontinued operations									0	0	3,091
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 13,010	$ 31,991	$ 4,915	$ 7,855	$ (14,017)	$ 4,270	$ (727)	$ 860	$ 57,771	$ (9,614)	$ 3,747
Weighted average shares outstanding, Basic (in shares)									78,848	72,118	59,336
Weighted average shares outstanding, Diluted (in shares)									79,035	72,118	59,728
EARNINGS (LOSS) PER COMMON SHARE, DILUTED
Continuing operations (in dollars per share)									$ 0.73	$ (0.14)	$ 0.01
Discontinued operations (in dollars per share)									0	0	0.05
Net income (loss) available to common shareholders (in dollars per share)	$ 0.16	$ 0.38	$ 0.06	$ 0.10	$ (0.18)	$ 0.06	$ (0.01)	$ 0.01	$ 0.73	$ (0.14)	$ 0.06
Diluted EPS
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Income (loss) from continuing operations									$ 66,895	$ (2,412)	$ 8,371
Net (income) loss from continuing operations attributable to noncontrolling interest									(1,786)	48	(355)
Preferred share dividends									(7,338)	(7,250)	(7,250)
Allocation of continuing income to restricted share awards									(336)	(180)	(102)
Income (loss) from continuing operations attributable to RPT									57,435	(9,794)	664
Income from discontinued operations									0	0	3,091
Net income from discontinued operations attributable to noncontrolling interest									0	0	(110)
Income from discontinued operations attributable to RPT									0	0	2,981
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS									$ 57,435	$ (9,794)	$ 3,645
Weighted average shares outstanding, Basic (in shares)									78,848	72,118	59,336
Stock options and restricted share awards using the treasury method (in shares)									187	0	392
Weighted average shares outstanding, Diluted (in shares)									79,035	72,118	59,728
EARNINGS (LOSS) PER COMMON SHARE, DILUTED
Continuing operations (in dollars per share)									$ 0.73	$ (0.14)	$ 0.01
Discontinued operations (in dollars per share)									0	0	0.05
Net income (loss) available to common shareholders (in dollars per share)									$ 0.73	$ (0.14)	$ 0.06

Shareholder's Equity - Addition

Shareholder's Equity - Additional Information (Detail) $ / shares in Units, $ in Thousands	1 Months Ended		12 Months Ended
	Apr. 30, 2015USD ($)shares	Aug. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013USD ($)$ / sharesshares
Stockholders Equity Note [Line Items]
Proceeds from issuance of common stock | $			$ 17,110	$ 170,372	$ 274,295
Shares available for issuance (in shares) | shares			120,000,000	120,000,000
Conversion and redemption of operating partnership units in shares | $			$ 3,826	$ 84	1,243
Noncontrolling interest, exchange ratio for Company common stock			1
Preferred shares, par (in dollars per share)			$ 0.01	$ 0.01
Conversion costs | $			$ 500	$ 0	$ 0
Common shares dividends declared (in dollars per share)			$ 0.82	$ 0.7750	$ 0.7115
Common shares dividends paid (in dollars per share)			0.81	0.7625	0.6923
Preferred shares dividends declared (in dollars per share)			3.625	3.625	3.625
Preferred shares dividends paid (in dollars per share)			$ 3.625	$ 3.625	$ 3.625
Common Shares
Stockholders Equity Note [Line Items]
Conversion of stock, common shares issued (in shares) | shares	532,628
Common Shares | Underwritten Public Offering
Stockholders Equity Note [Line Items]
Issuance of stocks (in shares) | shares		6,900,000
Sale of stock (in dollars per share)		$ 16.44
Over-allotment shares purchased by underwriters (in shares) | shares		900,000
Proceeds from issuance of common stock | $		$ 108,700
Common Shares | Controlled Equity Offering
Stockholders Equity Note [Line Items]
Issuance of stocks (in shares) | shares			900,000	3,800,000
Sale of stock (in dollars per share)			$ 19.28	$ 16.50
Proceeds from issuance of common stock | $			$ 17,100	$ 61,700
Sales commissions and fees on issuance of shares | $			$ 300	$ 900
Shares available for issuance (in shares) | shares			3,100,000		8,000,000
Series D Preferred Stock
Stockholders Equity Note [Line Items]
Cumulative convertible perpetual preferred shares, shares issued (in shares) | shares			1,848,539	2,000,000
Cumulative convertible perpetual preferred shares, dividend rate percentage			7.25%	7.25%
Cumulative convertible perpetual preferred shares, liquidation preference (in dollars per share)			$ 50	$ 50
Preferred shares, par (in dollars per share)			0.01
Cumulative convertible perpetual preferred shares, conversion price (in dollars per share)			$ 14.10
Cumulative convertible perpetual preferred shares, converted | $	$ 7,600
Conversion costs | $	$ 500
Noncontrolling Interest
Stockholders Equity Note [Line Items]
Conversion of Stock, Shares Converted | shares			245,734
Cumulative convertible perpetual preferred shares, shares issued (in shares) | shares			2,001,461

Share-Based Compensation and 83

Share-Based Compensation and Other Benefit Plans - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)planshares	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share-based compensation plans in effect | plan	1
Share-based compensation expense	$ 1.6	$ 4.6	$ 3.6
Expense related to restricted share grants	$ 1.9	2.1
Performance-based liability awards, measurement period	3 years
Percentage of award to be paid in cash	50.00%
Compensation expense related to cash awards	$ (0.4)	$ 2.5	1.5
Total unrecognized compensation expense	$ 4.1
Total unrecognized compensation expense, weighted average period of recognition	4 years 6 months
Cash proceeds from stock option exercised			$ 0.2
Long-Term Incentive Plan ("LTIP")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grant | shares	2,000,000
Number of shares available for issuance | shares	1,600,000
2003 LTIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options exercisable | shares	87,165
2003 and 1997 Non-Employee Trustee Stock Option Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options exercisable | shares	20,000
Service-based restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of stock award grants				50.00%
Performance-based awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of stock award grants				50.00%
Service and performance-based stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards vesting period				5 years

Share-Based Compensation and 84

Share-Based Compensation and Other Benefit Plans (Summary of Activity of Service Based Restricted Shares Under LTIP) (Detail) - Service-based restricted stock - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Number of Shares
Outstanding at the beginning of the year (in shares)	365,524	375,813	286,306
Granted (in shares)	180,914	286,954	293,732
Vested (in shares)	(176,816)	(281,851)	(197,014)
Forfeited or expired (in shares)	(41,890)	(15,392)	(7,211)
Outstanding at the end of the year (in shares)	327,732	365,524	375,813
Weighted- Average Grant Date Fair Value
Outstanding at the beginning of the year (in dollars per share)	$ 14.92	$ 13.71	$ 11.83
Granted (in dollars per share)	17.77	16.70	15.68
Vested (in dollars per share)	14.29	12.69	10.07
Forfeited or expired (in dollars per share)	16.17	14.69	13.38
Outstanding at the beginning of the year (in dollars per share)	$ 16.39	$ 14.92	$ 13.71

Share-Based Compensation and 85

Share-Based Compensation and Other Benefit Plans (Stock Option Activity) (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Shares Under Option
Outstanding at the beginning of the year (in shares)	155,248	190,993	227,743
Exercised (in shares)	0	0	(25,000)
Forfeited or expired (in shares)	(48,083)	(35,745)	(11,750)
Outstanding at the end of the year (in shares)	107,165	155,248	190,993
Exercisable at the end of year (in shares)	107,165	155,248	190,993
Weighted-Average Exercise Price
Outstanding at the beginning of the year (in dollars per share)	$ 30.94	$ 30.34	$ 27.81
Exercised (in dollars per share)	0	0	9.61
Forfeited or expired (in dollars per share)	28.29	27.73	25.34
Outstanding at the end of the year (in dollars per share)	32.13	30.94	30.34
Exercisable at the end of year (in dollars per share)	$ 32.13	$ 30.94	$ 30.34

Share-Based Compensation and 86

Share-Based Compensation and Other Benefit Plans (Summary of Stock Option Outstanding) (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding (in shares)	107,165	155,248	190,993	227,743
Options Outstanding, Weighted-Average Remaining Contractual Life	9 months 18 days
Options Outstanding, Weighted-Average Exercise Price (in dollars per share)	$ 32.13	$ 30.94	$ 30.34	$ 27.81
Options Exercisable (in shares)	107,165	155,248	190,993
Options Exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 32.13	$ 30.94	$ 30.34
23.77 - $27.96
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, Lower Limit	23.77
Range of Exercise Price, Upper Limit	$ 27.96
Options Outstanding (in shares)	10,000
Options Outstanding, Weighted-Average Remaining Contractual Life	6 months
Options Outstanding, Weighted-Average Exercise Price (in dollars per share)	$ 26.68
Options Exercisable (in shares)	10,000
Options Exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 26.68
28.80 - $29.06
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, Lower Limit	28.80
Range of Exercise Price, Upper Limit	$ 29.06
Options Outstanding (in shares)	34,025
Options Outstanding, Weighted-Average Remaining Contractual Life	2 months 12 days
Options Outstanding, Weighted-Average Exercise Price (in dollars per share)	$ 29.06
Options Exercisable (in shares)	34,025
Options Exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 29.06
34.30 - $36.50
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, Lower Limit	34.30
Range of Exercise Price, Upper Limit	$ 36.50
Options Outstanding (in shares)	63,140
Options Outstanding, Weighted-Average Remaining Contractual Life	1 year 2 months 12 days
Options Outstanding, Weighted-Average Exercise Price (in dollars per share)	$ 34.65
Options Exercisable (in shares)	63,140
Options Exercisable, Weighted-Average Exercise Price (in dollars per share)	$ 34.65

Taxes - Additional Information

Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Federal and state deferred tax asset	$ 10,700,000
Federal and state deferred tax asset, valuation allowance	10,700,000
Increase (Decrease) in Deferred Income Taxes	200,000
Income tax provision	(339,000)	$ (54,000)	$ (64,000)
Unrecognized tax benefits	$ 0

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Construction costs related to development and expansion	$ 10.6

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) $ in Millions	1 Months Ended
	Feb. 26, 2016USD ($)
Subsequent Event
Subsequent Event [Line Items]
Proceeds from sale of real estate	$ 12

Quarterly Results of Operations

Quarterly Results of Operations (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Total revenue	$ 68,578	$ 64,060	$ 59,735	$ 59,417	$ 63,157	$ 55,143	$ 49,930	$ 50,133	$ 251,790	$ 218,363	$ 170,068
Operating income	16,102	18,854	15,910	14,631	(10,587)	14,782	6,732	12,403	65,497	23,330	35,460
Net income attributable to RPT	14,686	33,666	7,090	9,667	(12,205)	6,083	1,086	2,672	66,895	(2,412)	11,462
Net income (loss) available to common shareholders	$ 13,010	$ 31,991	$ 4,915	$ 7,855	$ (14,017)	$ 4,270	$ (727)	$ 860	$ 57,771	$ (9,614)	$ 3,747
Earnings (loss) per common share, basic (in dollars per share)	$ 0.16	$ 0.39	$ 0.06	$ 0.10	$ (0.18)	$ 0.06	$ (0.01)	$ 0.01	$ 0.73	$ (0.14)	$ 0.06
Earnings (loss) per common share, diluted (in dollars per share)	$ 0.16	$ 0.38	$ 0.06	$ 0.10	$ (0.18)	$ 0.06	$ (0.01)	$ 0.01	$ 0.73	$ (0.14)	$ 0.06

Summary of Real Estate and Ac91

Summary of Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 322,457
Initial Cost to Company, Land	440,792
Initial Cost to Company, Building & Improvements	1,539,732
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	264,576
Gross Amounts at which Carried at Close of Period, Land	432,368
Gross Amounts at which Carried at Close of Period, Building & Improvements	1,812,732
Gross Amounts at which Carried at Close of Period, Total	2,245,100	$ 2,008,687	$ 1,727,191	$ 1,217,712
Accumulated Depreciation	$ 331,520	$ 287,177	$ 253,292	$ 237,462
Auburn Mile
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	15,704
Initial Cost to Company, Building & Improvements	0
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	(7,110)
Gross Amounts at which Carried at Close of Period, Land	5,917
Gross Amounts at which Carried at Close of Period, Building & Improvements	2,677
Gross Amounts at which Carried at Close of Period, Total	8,594
Accumulated Depreciation	$ 2,323
Date Constructed	2,000
Date Acquired	1,999
Bridgewater Falls
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 57,428
Initial Cost to Company, Land	9,831
Initial Cost to Company, Building & Improvements	76,446
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	209
Gross Amounts at which Carried at Close of Period, Land	9,831
Gross Amounts at which Carried at Close of Period, Building & Improvements	76,655
Gross Amounts at which Carried at Close of Period, Total	86,486
Accumulated Depreciation	$ 4,382
Date Acquired	2,014
Bridgewater Falls | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,005
Bridgewater Falls | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,007
Buttermilk Towne Center
Real Estate and Accumulated Depreciation [Line Items]
Location	KY
Encumbrances	$ 0
Initial Cost to Company, Land	13,249
Initial Cost to Company, Building & Improvements	21,103
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	11
Gross Amounts at which Carried at Close of Period, Land	13,249
Gross Amounts at which Carried at Close of Period, Building & Improvements	21,114
Gross Amounts at which Carried at Close of Period, Total	34,363
Accumulated Depreciation	$ 1,212
Date Constructed	2,005
Date Acquired	2,014
Central Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	MO
Encumbrances	$ 0
Initial Cost to Company, Land	10,250
Initial Cost to Company, Building & Improvements	10,909
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	153
Gross Amounts at which Carried at Close of Period, Land	10,250
Gross Amounts at which Carried at Close of Period, Building & Improvements	11,062
Gross Amounts at which Carried at Close of Period, Total	21,312
Accumulated Depreciation	$ 1,460
Date Constructed	1,970
Date Acquired	2,012
Centre at Woodstock
Real Estate and Accumulated Depreciation [Line Items]
Location	GA
Encumbrances	$ 0
Initial Cost to Company, Land	1,880
Initial Cost to Company, Building & Improvements	10,801
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	(46)
Gross Amounts at which Carried at Close of Period, Land	1,987
Gross Amounts at which Carried at Close of Period, Building & Improvements	10,648
Gross Amounts at which Carried at Close of Period, Total	12,635
Accumulated Depreciation	$ 3,010
Date Constructed	1,997
Date Acquired	2,004
Clinton Pointe
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,175
Initial Cost to Company, Building & Improvements	10,499
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	541
Gross Amounts at which Carried at Close of Period, Land	1,175
Gross Amounts at which Carried at Close of Period, Building & Improvements	11,040
Gross Amounts at which Carried at Close of Period, Total	12,215
Accumulated Depreciation	$ 3,443
Date Constructed	1,992
Date Acquired	2,003
Clinton Valley
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,500
Initial Cost to Company, Building & Improvements	13,498
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	11,455
Gross Amounts at which Carried at Close of Period, Land	1,625
Gross Amounts at which Carried at Close of Period, Building & Improvements	24,828
Gross Amounts at which Carried at Close of Period, Total	26,453
Accumulated Depreciation	$ 10,230
Date Acquired	1,996
Clinton Valley | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,977
Clinton Valley | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,985
Coral Creek Shops
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	1,565
Initial Cost to Company, Building & Improvements	14,085
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	977
Gross Amounts at which Carried at Close of Period, Land	1,572
Gross Amounts at which Carried at Close of Period, Building & Improvements	15,055
Gross Amounts at which Carried at Close of Period, Total	16,627
Accumulated Depreciation	$ 5,034
Date Constructed	1,992
Date Acquired	2,002
Crofton Centre
Real Estate and Accumulated Depreciation [Line Items]
Location	MD
Encumbrances	$ 16,143
Initial Cost to Company, Land	8,012
Initial Cost to Company, Building & Improvements	22,774
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	335
Gross Amounts at which Carried at Close of Period, Land	8,012
Gross Amounts at which Carried at Close of Period, Building & Improvements	23,109
Gross Amounts at which Carried at Close of Period, Total	31,121
Accumulated Depreciation	$ 353
Date Constructed	1,974
Date Acquired	2,015
Crossroads Centre
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 3,536
Initial Cost to Company, Land	5,800
Initial Cost to Company, Building & Improvements	20,709
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,047
Gross Amounts at which Carried at Close of Period, Land	4,904
Gross Amounts at which Carried at Close of Period, Building & Improvements	24,652
Gross Amounts at which Carried at Close of Period, Total	29,556
Accumulated Depreciation	$ 10,279
Date Constructed	2,001
Date Acquired	2,001
Cypress Point
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	2,968
Initial Cost to Company, Building & Improvements	17,637
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	699
Gross Amounts at which Carried at Close of Period, Land	2,968
Gross Amounts at which Carried at Close of Period, Building & Improvements	18,336
Gross Amounts at which Carried at Close of Period, Total	21,304
Accumulated Depreciation	$ 1,612
Date Constructed	1,983
Date Acquired	2,013
Deer Creek Shopping Center
Real Estate and Accumulated Depreciation [Line Items]
Location	MO
Encumbrances	$ 0
Initial Cost to Company, Land	6,070
Initial Cost to Company, Building & Improvements	18,105
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	116
Gross Amounts at which Carried at Close of Period, Land	6,070
Gross Amounts at which Carried at Close of Period, Building & Improvements	18,221
Gross Amounts at which Carried at Close of Period, Total	24,291
Accumulated Depreciation	$ 1,445
Date Acquired	2,013
Deer Creek Shopping Center | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,970
Deer Creek Shopping Center | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,013
Deer Grove Centre
Real Estate and Accumulated Depreciation [Line Items]
Location	IL
Encumbrances	$ 0
Initial Cost to Company, Land	8,408
Initial Cost to Company, Building & Improvements	8,197
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	4,178
Gross Amounts at which Carried at Close of Period, Land	8,408
Gross Amounts at which Carried at Close of Period, Building & Improvements	12,375
Gross Amounts at which Carried at Close of Period, Total	20,783
Accumulated Depreciation	$ 977
Date Constructed	1,997
Date Acquired	2,013
Deerfield Towne Center
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 0
Initial Cost to Company, Land	6,868
Initial Cost to Company, Building & Improvements	78,551
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	749
Gross Amounts at which Carried at Close of Period, Land	6,868
Gross Amounts at which Carried at Close of Period, Building & Improvements	79,300
Gross Amounts at which Carried at Close of Period, Total	86,168
Accumulated Depreciation	$ 6,225
Date Acquired	2,013
Deerfield Towne Center | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,004
Deerfield Towne Center | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,007
East Town Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	WI
Encumbrances	$ 0
Initial Cost to Company, Land	1,768
Initial Cost to Company, Building & Improvements	16,216
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,022
Gross Amounts at which Carried at Close of Period, Land	1,768
Gross Amounts at which Carried at Close of Period, Building & Improvements	19,238
Gross Amounts at which Carried at Close of Period, Total	21,006
Accumulated Depreciation	$ 6,938
Date Constructed	1,992
Date Acquired	2,000
Fairlane Meadows
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	3,255
Initial Cost to Company, Building & Improvements	17,620
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,093
Gross Amounts at which Carried at Close of Period, Land	3,260
Gross Amounts at which Carried at Close of Period, Building & Improvements	22,708
Gross Amounts at which Carried at Close of Period, Total	25,968
Accumulated Depreciation	$ 6,499
Fairlane Meadows | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,987
Date Acquired	2,003
Fairlane Meadows | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,007
Date Acquired	2,005
Front Range Village
Real Estate and Accumulated Depreciation [Line Items]
Location	CO
Encumbrances	$ 0
Initial Cost to Company, Land	20,910
Initial Cost to Company, Building & Improvements	80,600
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	661
Gross Amounts at which Carried at Close of Period, Land	20,910
Gross Amounts at which Carried at Close of Period, Building & Improvements	81,261
Gross Amounts at which Carried at Close of Period, Total	102,171
Accumulated Depreciation	$ 3,771
Date Constructed	2,008
Date Acquired	2,014
Gaines Marketplace
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	226
Initial Cost to Company, Building & Improvements	6,782
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,488
Gross Amounts at which Carried at Close of Period, Land	2,926
Gross Amounts at which Carried at Close of Period, Building & Improvements	7,570
Gross Amounts at which Carried at Close of Period, Total	10,496
Accumulated Depreciation	$ 2,025
Date Constructed	2,004
Date Acquired	2,004
Harvest Junction North
Real Estate and Accumulated Depreciation [Line Items]
Location	CO
Encumbrances	$ 0
Initial Cost to Company, Land	8,254
Initial Cost to Company, Building & Improvements	25,232
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,382
Gross Amounts at which Carried at Close of Period, Land	7,609
Gross Amounts at which Carried at Close of Period, Building & Improvements	31,259
Gross Amounts at which Carried at Close of Period, Total	38,868
Accumulated Depreciation	$ 2,654
Date Constructed	2,006
Date Acquired	2,012
Harvest Junction South
Real Estate and Accumulated Depreciation [Line Items]
Location	CO
Encumbrances	$ 0
Initial Cost to Company, Land	6,241
Initial Cost to Company, Building & Improvements	22,856
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	223
Gross Amounts at which Carried at Close of Period, Land	6,241
Gross Amounts at which Carried at Close of Period, Building & Improvements	23,079
Gross Amounts at which Carried at Close of Period, Total	29,320
Accumulated Depreciation	$ 2,508
Date Constructed	2,006
Date Acquired	2,012
Heritage Place
Real Estate and Accumulated Depreciation [Line Items]
Location	MO
Encumbrances	$ 0
Initial Cost to Company, Land	13,899
Initial Cost to Company, Building & Improvements	22,506
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	885
Gross Amounts at which Carried at Close of Period, Land	13,899
Gross Amounts at which Carried at Close of Period, Building & Improvements	23,391
Gross Amounts at which Carried at Close of Period, Total	37,290
Accumulated Depreciation	$ 3,898
Date Constructed	1,989
Date Acquired	2,011
Holcomb Center
Real Estate and Accumulated Depreciation [Line Items]
Location	GA
Encumbrances	$ 0
Initial Cost to Company, Land	658
Initial Cost to Company, Building & Improvements	5,953
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	9,808
Gross Amounts at which Carried at Close of Period, Land	658
Gross Amounts at which Carried at Close of Period, Building & Improvements	15,761
Gross Amounts at which Carried at Close of Period, Total	16,419
Accumulated Depreciation	$ 5,973
Date Constructed	1,986
Date Acquired	1,996
Hoover Eleven
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	3,308
Initial Cost to Company, Building & Improvements	29,778
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	4,475
Gross Amounts at which Carried at Close of Period, Land	3,304
Gross Amounts at which Carried at Close of Period, Building & Improvements	34,257
Gross Amounts at which Carried at Close of Period, Total	37,561
Accumulated Depreciation	$ 10,410
Date Constructed	1,989
Date Acquired	2,003
Hunters Square
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	7,673
Initial Cost to Company, Building & Improvements	52,774
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,367
Gross Amounts at which Carried at Close of Period, Land	7,652
Gross Amounts at which Carried at Close of Period, Building & Improvements	58,162
Gross Amounts at which Carried at Close of Period, Total	65,814
Accumulated Depreciation	$ 4,564
Date Constructed	1,988
Date Acquired	2,013
Jackson Crossing
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 23,114
Initial Cost to Company, Land	3,347
Initial Cost to Company, Building & Improvements	24,261
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	17,856
Gross Amounts at which Carried at Close of Period, Land	3,347
Gross Amounts at which Carried at Close of Period, Building & Improvements	42,117
Gross Amounts at which Carried at Close of Period, Total	45,464
Accumulated Depreciation	$ 15,977
Date Constructed	1,967
Date Acquired	1,996
Jackson West
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	2,806
Initial Cost to Company, Building & Improvements	6,270
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	6,239
Gross Amounts at which Carried at Close of Period, Land	2,691
Gross Amounts at which Carried at Close of Period, Building & Improvements	12,624
Gross Amounts at which Carried at Close of Period, Total	15,315
Accumulated Depreciation	$ 5,685
Date Constructed	1,996
Date Acquired	1,996
Lakeland Park Center
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	15,365
Initial Cost to Company, Building & Improvements	0
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	34,162
Gross Amounts at which Carried at Close of Period, Land	15,365
Gross Amounts at which Carried at Close of Period, Building & Improvements	34,162
Gross Amounts at which Carried at Close of Period, Total	49,527
Accumulated Depreciation	$ 1,584
Date Constructed	2,014
Date Acquired	2,008
Lakeshore Marketplace
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	2,018
Initial Cost to Company, Building & Improvements	18,114
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,507
Gross Amounts at which Carried at Close of Period, Land	3,402
Gross Amounts at which Carried at Close of Period, Building & Improvements	22,237
Gross Amounts at which Carried at Close of Period, Total	25,639
Accumulated Depreciation	$ 6,678
Date Constructed	1,996
Date Acquired	2,003
Liberty Square
Real Estate and Accumulated Depreciation [Line Items]
Location	IL
Encumbrances	$ 0
Initial Cost to Company, Land	2,670
Initial Cost to Company, Building & Improvements	11,862
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	(35)
Gross Amounts at which Carried at Close of Period, Land	2,665
Gross Amounts at which Carried at Close of Period, Building & Improvements	11,832
Gross Amounts at which Carried at Close of Period, Total	14,497
Accumulated Depreciation	$ 2,133
Date Constructed	1,987
Date Acquired	2,010
Livonia Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,317
Initial Cost to Company, Building & Improvements	11,786
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	559
Gross Amounts at which Carried at Close of Period, Land	1,317
Gross Amounts at which Carried at Close of Period, Building & Improvements	12,345
Gross Amounts at which Carried at Close of Period, Total	13,662
Accumulated Depreciation	$ 3,890
Date Constructed	1,988
Date Acquired	2,003
Marketplace of Delray
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	7,922
Initial Cost to Company, Building & Improvements	18,910
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	1,216
Gross Amounts at which Carried at Close of Period, Land	7,922
Gross Amounts at which Carried at Close of Period, Building & Improvements	20,126
Gross Amounts at which Carried at Close of Period, Total	28,048
Accumulated Depreciation	$ 2,029
Date Acquired	2,013
Marketplace of Delray | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,981
Marketplace of Delray | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,010
Market Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	IL
Encumbrances	$ 15,005
Initial Cost to Company, Land	9,391
Initial Cost to Company, Building & Improvements	22,682
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	423
Gross Amounts at which Carried at Close of Period, Land	9,391
Gross Amounts at which Carried at Close of Period, Building & Improvements	23,105
Gross Amounts at which Carried at Close of Period, Total	32,496
Accumulated Depreciation	$ 365
Date Acquired	2,015
Market Plaza | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,981
Market Plaza | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,010
Merchants' Square
Real Estate and Accumulated Depreciation [Line Items]
Location	IN
Encumbrances	$ 0
Initial Cost to Company, Land	4,997
Initial Cost to Company, Building & Improvements	18,346
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,630
Gross Amounts at which Carried at Close of Period, Land	4,997
Gross Amounts at which Carried at Close of Period, Building & Improvements	21,976
Gross Amounts at which Carried at Close of Period, Total	26,973
Accumulated Depreciation	$ 4,470
Date Constructed	1,970
Date Acquired	2,010
Millennium Park
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	5,886
Initial Cost to Company, Building & Improvements	35,420
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	74
Gross Amounts at which Carried at Close of Period, Land	5,886
Gross Amounts at which Carried at Close of Period, Building & Improvements	35,494
Gross Amounts at which Carried at Close of Period, Total	41,380
Accumulated Depreciation	$ 534
Date Constructed	2,000
Date Acquired	2,015
Mission Bay
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	33,975
Initial Cost to Company, Building & Improvements	48,159
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	4,246
Gross Amounts at which Carried at Close of Period, Land	33,975
Gross Amounts at which Carried at Close of Period, Building & Improvements	52,405
Gross Amounts at which Carried at Close of Period, Total	86,380
Accumulated Depreciation	$ 4,471
Date Constructed	1,989
Date Acquired	2,013
Mount Prospect Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	IL
Encumbrances	$ 0
Initial Cost to Company, Land	11,633
Initial Cost to Company, Building & Improvements	21,767
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	1,151
Gross Amounts at which Carried at Close of Period, Land	11,633
Gross Amounts at which Carried at Close of Period, Building & Improvements	22,918
Gross Amounts at which Carried at Close of Period, Total	34,551
Accumulated Depreciation	$ 2,174
Date Acquired	2,013
Mount Prospect Plaza | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,958
Mount Prospect Plaza | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,012
Nagawaukee Shopping Center
Real Estate and Accumulated Depreciation [Line Items]
Location	WI
Encumbrances	$ 7,926
Initial Cost to Company, Land	7,549
Initial Cost to Company, Building & Improvements	30,898
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	146
Gross Amounts at which Carried at Close of Period, Land	7,549
Gross Amounts at which Carried at Close of Period, Building & Improvements	31,044
Gross Amounts at which Carried at Close of Period, Total	38,593
Accumulated Depreciation	$ 2,847
Nagawaukee Shopping Center | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,994
Date Acquired	2,012
Nagawaukee Shopping Center | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,008
Date Acquired	2,013
New Towne Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	817
Initial Cost to Company, Building & Improvements	7,354
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,985
Gross Amounts at which Carried at Close of Period, Land	817
Gross Amounts at which Carried at Close of Period, Building & Improvements	13,339
Gross Amounts at which Carried at Close of Period, Total	14,156
Accumulated Depreciation	$ 6,638
Date Constructed	1,975
Date Acquired	1,996
Oak Brook Square
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	955
Initial Cost to Company, Building & Improvements	8,591
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,892
Gross Amounts at which Carried at Close of Period, Land	955
Gross Amounts at which Carried at Close of Period, Building & Improvements	14,483
Gross Amounts at which Carried at Close of Period, Total	15,438
Accumulated Depreciation	$ 6,226
Date Constructed	1,982
Date Acquired	1,996
Olentangy Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 0
Initial Cost to Company, Land	4,283
Initial Cost to Company, Building & Improvements	20,774
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	137
Gross Amounts at which Carried at Close of Period, Land	4,283
Gross Amounts at which Carried at Close of Period, Building & Improvements	20,911
Gross Amounts at which Carried at Close of Period, Total	25,194
Accumulated Depreciation	$ 416
Date Constructed	1,981
Date Acquired	2,015
Parkway Shops
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	3,145
Initial Cost to Company, Building & Improvements	0
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	21,692
Gross Amounts at which Carried at Close of Period, Land	5,902
Gross Amounts at which Carried at Close of Period, Building & Improvements	18,935
Gross Amounts at which Carried at Close of Period, Total	24,837
Accumulated Depreciation	$ 1,259
Date Constructed	2,013
Date Acquired	2,008
Peachtree Hill
Real Estate and Accumulated Depreciation [Line Items]
Location	GA
Encumbrances	$ 0
Initial Cost to Company, Land	7,517
Initial Cost to Company, Building & Improvements	17,062
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	78
Gross Amounts at which Carried at Close of Period, Land	7,517
Gross Amounts at which Carried at Close of Period, Building & Improvements	17,140
Gross Amounts at which Carried at Close of Period, Total	24,657
Accumulated Depreciation	$ 307
Date Constructed	1,986
Date Acquired	2,015
Promenade at Pleasant Hill
Real Estate and Accumulated Depreciation [Line Items]
Location	GA
Encumbrances	$ 0
Initial Cost to Company, Land	3,891
Initial Cost to Company, Building & Improvements	22,520
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,779
Gross Amounts at which Carried at Close of Period, Land	3,440
Gross Amounts at which Carried at Close of Period, Building & Improvements	28,750
Gross Amounts at which Carried at Close of Period, Total	32,190
Accumulated Depreciation	$ 6,881
Date Constructed	1,993
Date Acquired	2,004
River City Marketplace
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 110,000
Initial Cost to Company, Land	19,768
Initial Cost to Company, Building & Improvements	73,859
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	8,752
Gross Amounts at which Carried at Close of Period, Land	11,140
Gross Amounts at which Carried at Close of Period, Building & Improvements	91,239
Gross Amounts at which Carried at Close of Period, Total	102,379
Accumulated Depreciation	$ 23,871
Date Constructed	2,005
Date Acquired	2,005
River Crossing Centre
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	728
Initial Cost to Company, Building & Improvements	6,459
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	198
Gross Amounts at which Carried at Close of Period, Land	728
Gross Amounts at which Carried at Close of Period, Building & Improvements	6,657
Gross Amounts at which Carried at Close of Period, Total	7,385
Accumulated Depreciation	$ 2,043
Date Constructed	1,998
Date Acquired	2,003
Rivertowne Square
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	954
Initial Cost to Company, Building & Improvements	8,587
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	2,121
Gross Amounts at which Carried at Close of Period, Land	954
Gross Amounts at which Carried at Close of Period, Building & Improvements	10,708
Gross Amounts at which Carried at Close of Period, Total	11,662
Accumulated Depreciation	$ 3,546
Date Constructed	1,980
Date Acquired	1,998
Rolling Meadows
Real Estate and Accumulated Depreciation [Line Items]
Location	IL
Encumbrances	$ 0
Initial Cost to Company, Land	4,393
Initial Cost to Company, Building & Improvements	5,252
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	112
Gross Amounts at which Carried at Close of Period, Land	4,393
Gross Amounts at which Carried at Close of Period, Building & Improvements	5,364
Gross Amounts at which Carried at Close of Period, Total	9,757
Accumulated Depreciation	$ 125
Date Acquired	2,015
Rolling Meadows | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,956
Rolling Meadows | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,009
Roseville Towne Center
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,403
Initial Cost to Company, Building & Improvements	13,195
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,466
Gross Amounts at which Carried at Close of Period, Land	582
Gross Amounts at which Carried at Close of Period, Building & Improvements	17,482
Gross Amounts at which Carried at Close of Period, Total	18,064
Accumulated Depreciation	$ 6,817
Date Constructed	1,963
Date Acquired	1,996
Rossford Pointe
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 0
Initial Cost to Company, Land	796
Initial Cost to Company, Building & Improvements	3,087
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	1,749
Gross Amounts at which Carried at Close of Period, Land	797
Gross Amounts at which Carried at Close of Period, Building & Improvements	4,835
Gross Amounts at which Carried at Close of Period, Total	5,632
Accumulated Depreciation	$ 1,452
Date Constructed	2,006
Date Acquired	2,005
Shoppes of Lakeland
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	5,503
Initial Cost to Company, Building & Improvements	20,236
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	846
Gross Amounts at which Carried at Close of Period, Land	5,503
Gross Amounts at which Carried at Close of Period, Building & Improvements	21,082
Gross Amounts at which Carried at Close of Period, Total	26,585
Accumulated Depreciation	$ 2,002
Date Constructed	1,985
Date Acquired	1,996
Shops at Old Orchard
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	2,864
Initial Cost to Company, Building & Improvements	16,698
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	622
Gross Amounts at which Carried at Close of Period, Land	2,864
Gross Amounts at which Carried at Close of Period, Building & Improvements	17,320
Gross Amounts at which Carried at Close of Period, Total	20,184
Accumulated Depreciation	$ 1,418
Date Acquired	2,013
Shops at Old Orchard | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,972
Shops at Old Orchard | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,011
Southfield Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,121
Initial Cost to Company, Building & Improvements	10,777
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	682
Gross Amounts at which Carried at Close of Period, Land	1,121
Gross Amounts at which Carried at Close of Period, Building & Improvements	11,459
Gross Amounts at which Carried at Close of Period, Total	12,580
Accumulated Depreciation	$ 6,435
Date Constructed	1,969
Date Acquired	1,996
Spring Meadows Place
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 28,068
Initial Cost to Company, Land	2,646
Initial Cost to Company, Building & Improvements	16,758
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	11,004
Gross Amounts at which Carried at Close of Period, Land	5,041
Gross Amounts at which Carried at Close of Period, Building & Improvements	25,367
Gross Amounts at which Carried at Close of Period, Total	30,408
Accumulated Depreciation	$ 8,918
Date Constructed	1,987
Date Acquired	1,996
Tel-Twelve
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	3,819
Initial Cost to Company, Building & Improvements	43,181
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	32,281
Gross Amounts at which Carried at Close of Period, Land	3,819
Gross Amounts at which Carried at Close of Period, Building & Improvements	75,462
Gross Amounts at which Carried at Close of Period, Total	79,281
Accumulated Depreciation	$ 33,191
Date Constructed	1,968
Date Acquired	1,996
The Crossroads
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	1,850
Initial Cost to Company, Building & Improvements	16,650
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	885
Gross Amounts at which Carried at Close of Period, Land	1,857
Gross Amounts at which Carried at Close of Period, Building & Improvements	17,528
Gross Amounts at which Carried at Close of Period, Total	19,385
Accumulated Depreciation	$ 5,878
Date Constructed	1,988
Date Acquired	2,002
The Shoppes at Fox River
Real Estate and Accumulated Depreciation [Line Items]
Location	WI
Encumbrances	$ 0
Initial Cost to Company, Land	8,534
Initial Cost to Company, Building & Improvements	26,227
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	12,546
Gross Amounts at which Carried at Close of Period, Land	9,750
Gross Amounts at which Carried at Close of Period, Building & Improvements	37,557
Gross Amounts at which Carried at Close of Period, Total	47,307
Accumulated Depreciation	$ 4,595
Date Constructed	2,009
Date Acquired	2,010
The Shops on Lane Avenue
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 28,650
Initial Cost to Company, Land	4,848
Initial Cost to Company, Building & Improvements	51,273
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	278
Gross Amounts at which Carried at Close of Period, Land	4,848
Gross Amounts at which Carried at Close of Period, Building & Improvements	51,551
Gross Amounts at which Carried at Close of Period, Total	56,399
Accumulated Depreciation	$ 815
Date Acquired	2,015
The Shops on Lane Avenue | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	1,952
The Shops on Lane Avenue | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,002
The Town Center at Aquia Office Building
Real Estate and Accumulated Depreciation [Line Items]
Location	VA
Encumbrances	$ 11,960
Initial Cost to Company, Land	0
Initial Cost to Company, Building & Improvements	0
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	14,405
Gross Amounts at which Carried at Close of Period, Land	4,615
Gross Amounts at which Carried at Close of Period, Building & Improvements	9,790
Gross Amounts at which Carried at Close of Period, Total	14,405
Accumulated Depreciation	$ 2,912
Date Constructed	2,009
Date Acquired	1,998
Town & Country Crossing
Real Estate and Accumulated Depreciation [Line Items]
Location	MO
Encumbrances	$ 0
Initial Cost to Company, Land	8,395
Initial Cost to Company, Building & Improvements	26,465
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	2,017
Gross Amounts at which Carried at Close of Period, Land	8,395
Gross Amounts at which Carried at Close of Period, Building & Improvements	28,482
Gross Amounts at which Carried at Close of Period, Total	36,877
Accumulated Depreciation	$ 3,714
Date Constructed	2,008
Date Acquired	2,011
Treasure Coast Commons
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	2,924
Initial Cost to Company, Building & Improvements	10,644
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	(2,024)
Gross Amounts at which Carried at Close of Period, Land	2,924
Gross Amounts at which Carried at Close of Period, Building & Improvements	8,620
Gross Amounts at which Carried at Close of Period, Total	11,544
Accumulated Depreciation	$ 935
Date Constructed	1,996
Date Acquired	2,013
Troy Marketplace
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 20,627
Initial Cost to Company, Land	4,581
Initial Cost to Company, Building & Improvements	19,041
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	30
Gross Amounts at which Carried at Close of Period, Land	4,581
Gross Amounts at which Carried at Close of Period, Building & Improvements	19,071
Gross Amounts at which Carried at Close of Period, Total	23,652
Accumulated Depreciation	$ 1,695
Date Acquired	2,013
Troy Marketplace | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,000
Troy Marketplace | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,010
Troy Marketplace II
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	3,790
Initial Cost to Company, Building & Improvements	10,292
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	472
Gross Amounts at which Carried at Close of Period, Land	3,790
Gross Amounts at which Carried at Close of Period, Building & Improvements	10,764
Gross Amounts at which Carried at Close of Period, Total	14,554
Accumulated Depreciation	$ 1,370
Date Acquired	2,013
Troy Marketplace II | Period One
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,000
Troy Marketplace II | Period Two
Real Estate and Accumulated Depreciation [Line Items]
Date Constructed	2,010
Troy Towne Center
Real Estate and Accumulated Depreciation [Line Items]
Location	OH
Encumbrances	$ 0
Initial Cost to Company, Land	930
Initial Cost to Company, Building & Improvements	8,372
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	56
Gross Amounts at which Carried at Close of Period, Land	813
Gross Amounts at which Carried at Close of Period, Building & Improvements	8,545
Gross Amounts at which Carried at Close of Period, Total	9,358
Accumulated Depreciation	$ 3,890
Date Constructed	1,990
Date Acquired	1,996
Village Lakes Shopping Center
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	862
Initial Cost to Company, Building & Improvements	7,768
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	5,992
Gross Amounts at which Carried at Close of Period, Land	862
Gross Amounts at which Carried at Close of Period, Building & Improvements	13,760
Gross Amounts at which Carried at Close of Period, Total	14,622
Accumulated Depreciation	$ 4,637
Date Constructed	1,987
Date Acquired	1,997
Village Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	2,531
Initial Cost to Company, Building & Improvements	12,688
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	1,583
Gross Amounts at which Carried at Close of Period, Land	2,531
Gross Amounts at which Carried at Close of Period, Building & Improvements	14,271
Gross Amounts at which Carried at Close of Period, Total	16,802
Accumulated Depreciation	$ 1,088
Date Constructed	1,989
Date Acquired	2,013
Vista Plaza
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	3,667
Initial Cost to Company, Building & Improvements	16,769
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	330
Gross Amounts at which Carried at Close of Period, Land	3,667
Gross Amounts at which Carried at Close of Period, Building & Improvements	17,099
Gross Amounts at which Carried at Close of Period, Total	20,766
Accumulated Depreciation	$ 1,419
Date Constructed	1,998
Date Acquired	2,013
West Broward
Real Estate and Accumulated Depreciation [Line Items]
Location	FL
Encumbrances	$ 0
Initial Cost to Company, Land	5,339
Initial Cost to Company, Building & Improvements	11,521
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	128
Gross Amounts at which Carried at Close of Period, Land	5,339
Gross Amounts at which Carried at Close of Period, Building & Improvements	11,649
Gross Amounts at which Carried at Close of Period, Total	16,988
Accumulated Depreciation	$ 1,007
Date Constructed	1,965
Date Acquired	2,013
West Allis Towne Centre
Real Estate and Accumulated Depreciation [Line Items]
Location	WI
Encumbrances	$ 0
Initial Cost to Company, Land	1,866
Initial Cost to Company, Building & Improvements	16,789
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	14,932
Gross Amounts at which Carried at Close of Period, Land	1,866
Gross Amounts at which Carried at Close of Period, Building & Improvements	31,721
Gross Amounts at which Carried at Close of Period, Total	33,587
Accumulated Depreciation	$ 11,246
Date Constructed	1,987
Date Acquired	1,996
West Oaks I
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,058
Initial Cost to Company, Building & Improvements	10,746
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	13,559
Gross Amounts at which Carried at Close of Period, Land	2,826
Gross Amounts at which Carried at Close of Period, Building & Improvements	22,537
Gross Amounts at which Carried at Close of Period, Total	25,363
Accumulated Depreciation	$ 6,892
Date Constructed	1,979
Date Acquired	1,996
West Oaks II - Petco parcel
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	1,391
Initial Cost to Company, Building & Improvements	12,519
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	7,303
Gross Amounts at which Carried at Close of Period, Land	1,391
Gross Amounts at which Carried at Close of Period, Building & Improvements	19,822
Gross Amounts at which Carried at Close of Period, Total	21,213
Accumulated Depreciation	$ 8,718
Date Constructed	1,986
Date Acquired	1,996
Winchester Center
Real Estate and Accumulated Depreciation [Line Items]
Location	MI
Encumbrances	$ 0
Initial Cost to Company, Land	5,667
Initial Cost to Company, Building & Improvements	18,559
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,604
Gross Amounts at which Carried at Close of Period, Land	5,667
Gross Amounts at which Carried at Close of Period, Building & Improvements	22,163
Gross Amounts at which Carried at Close of Period, Total	27,830
Accumulated Depreciation	$ 1,831
Date Constructed	1,980
Date Acquired	2,013
Woodbury Lakes
Real Estate and Accumulated Depreciation [Line Items]
Location	MN
Encumbrances	$ 0
Initial Cost to Company, Land	10,411
Initial Cost to Company, Building & Improvements	55,635
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	3,268
Gross Amounts at which Carried at Close of Period, Land	10,411
Gross Amounts at which Carried at Close of Period, Building & Improvements	58,903
Gross Amounts at which Carried at Close of Period, Total	69,314
Accumulated Depreciation	$ 3,271
Date Constructed	2,005
Date Acquired	2,014
Land Held for Future Development
Real Estate and Accumulated Depreciation [Line Items]
Location	Various
Encumbrances	$ 0
Initial Cost to Company, Land	28,266
Initial Cost to Company, Building & Improvements	14,026
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	(13,566)
Gross Amounts at which Carried at Close of Period, Land	28,503
Gross Amounts at which Carried at Close of Period, Building & Improvements	223
Gross Amounts at which Carried at Close of Period, Total	28,726
Accumulated Depreciation	$ 0
Land Available for Sale
Real Estate and Accumulated Depreciation [Line Items]
Location	Various
Encumbrances	$ 0
Initial Cost to Company, Land	10,931
Initial Cost to Company, Building & Improvements	27,252
Capitalized Subsequent to Acquisition or Improvements, Net of Impairments	(31,510)
Gross Amounts at which Carried at Close of Period, Land	6,673
Gross Amounts at which Carried at Close of Period, Building & Improvements	0
Gross Amounts at which Carried at Close of Period, Total	6,673
Accumulated Depreciation	$ 0

Real Estate Investment and Accu

Real Estate Investment and Accumulated Depreciation Roll Forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of total real estate carrying value:
Balance at beginning of year	$ 2,008,687	$ 1,727,191	$ 1,217,712
Acquisition	234,018	289,340	530,697
Improvements	57,046	70,982	38,613
Cost of real estate sold/written off	(52,130)	(50,961)	(50,162)
Impairment	(2,521)	(27,865)	(9,669)
Balance at end of year	2,245,100	2,008,687	1,727,191
Reconciliation of accumulated depreciation:
Balance at beginning of year	287,177	253,292	237,462
Depreciation Expense	59,602	50,081	39,469
Cost of real estate sold/written off	(15,259)	(16,196)	(23,639)
Balance at end of year	331,520	287,177	253,292
Aggregate cost for federal income tax purposes	$ 2,366,608	$ 2,115,287	$ 1,781,084