Quarterly report pursuant to Section 13 or 15(d)

Deferred Financing Obligation

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Deferred Financing Obligation
3 Months Ended
Mar. 31, 2016
Other Liabilities Disclosure [Abstract]  
Deferred Financing Obligation
Deferred Financing Obligation

In September 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. We closed on the transaction in January 2016 and repaid the deferred financing obligation, which was recorded in the other liabilities section of our consolidated balance sheet as of December 31, 2015.