Deferred Financing Obligation |
9 Months Ended |
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Sep. 30, 2015 | |
Other Liabilities Disclosure [Abstract] | |
Deferred Financing Obligation |
Deferred Financing Obligation
On September 30, 2015, the noncontrolling interest in our outlet center in Deer Park, New York exercised its right to require us to acquire their ownership interest in the property for $28.4 million. Closing on the transaction is scheduled to occur on January 5, 2016. The obligation to acquire its interest is recorded as a deferred financing obligation in the other liabilities section of the consolidated balance sheet.
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- References No definition available.
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- Definition The entire disclosure for other liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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