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$MAC's revenue from minimum rents for 3Q15 rose to $194.18MM from $150.4MM and that from percentage rents grew to $5.99MM from $4.07MM. Tenant recoveries revenue increased to $106.34MM from $90.06MM and other income rose to $14.48MM from $10.61MM, while management companies' revenues fell to $5.27MM from $8.35MM.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.