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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Rental income $ 246,578 $ 247,859 $ 749,976 $ 744,580
Expense reimbursements 66,489 69,469 206,718 200,944
Other revenues 1,429 1,249 6,426 6,214
Total revenues 314,496 318,577 963,120 951,738
Operating expenses        
Operating costs 30,505 31,041 100,955 97,507
Real estate taxes 45,076 47,812 135,607 130,886
Depreciation and amortization 94,239 98,337 285,040 294,634
Provision for doubtful accounts 1,216 2,218 4,023 6,579
Impairment of real estate assets 11,065 1,971 27,383 1,971
General and administrative 22,838 21,787 67,043 69,709
Total operating expenses 204,939 203,166 620,051 601,286
Other income (expense)        
Dividends and interest 76 89 234 481
Interest expense (57,410) (57,855) (170,584) (171,482)
Gain on sale of real estate assets 25,942 2,450 54,920 10,232
Gain (loss) on extinguishment of debt, net 1,828 (1,042) 488 (949)
Other (1,200) (1,370) (2,591) (4,258)
Total other expense (30,764) (57,728) (117,533) (165,976)
Income before equity in income of unconsolidated joint venture 78,793 57,683 225,536 184,476
Equity in income of unconsolidated joint venture 31 122 381 348
Gain on disposition of unconsolidated joint venture interest 4,556 0 4,556 0
Net income 83,380 57,805 230,473 184,824
Net income attributable to non-controlling interests 0 (313) (76) (2,399)
Net income attributable to Brixmor Operating Partnership LP 83,380 57,492 230,397 182,425
Preferred stock dividends 0 0 (39) 0
Net income attributable to common stockholders $ 83,380 $ 57,492 $ 230,358 $ 182,425
Net income attributable to common stockholders:        
Basic (usd per share) $ 0.27 $ 0.19 $ 0.76 $ 0.61
Diluted (usd per share) $ 0.27 $ 0.19 $ 0.75 $ 0.61
Weighted average shares:        
Basic (in shares) 304,936 303,013 304,810 300,697
Diluted (usd per share) 305,176 303,521 305,175 301,146
Brixmor Operating Partnership LP        
Revenues        
Rental income $ 246,578 $ 247,859 $ 749,976 $ 744,580
Expense reimbursements 66,489 69,469 206,718 200,944
Other revenues 1,429 1,249 6,426 6,214
Total revenues 314,496 318,577 963,120 951,738
Operating expenses        
Operating costs 30,505 31,041 100,955 97,507
Real estate taxes 45,076 47,812 135,607 130,886
Depreciation and amortization 94,239 98,337 285,040 294,634
Provision for doubtful accounts 1,216 2,218 4,023 6,579
Impairment of real estate assets 11,065 1,971 27,383 1,971
General and administrative 22,838 21,787 67,043 69,709
Total operating expenses 204,939 203,166 620,051 601,286
Other income (expense)        
Dividends and interest 76 89 234 481
Interest expense (57,410) (57,855) (170,584) (171,482)
Gain on sale of real estate assets 25,942 2,450 54,920 10,232
Gain (loss) on extinguishment of debt, net 1,828 (1,042) 488 (949)
Other (1,200) (1,370) (2,591) (4,258)
Total other expense (30,764) (57,728) (117,533) (165,976)
Income before equity in income of unconsolidated joint venture 78,793 57,683 225,536 184,476
Equity in income of unconsolidated joint venture 31 122 381 348
Gain on disposition of unconsolidated joint venture interest 4,556 0 4,556 0
Net income $ 83,380 $ 57,805 $ 230,473 $ 184,824
Net income attributable to common stockholders:        
Basic (usd per share) $ 0.27 $ 0.19 $ 0.76 $ 0.61
Diluted (usd per share) $ 0.27 $ 0.19 $ 0.76 $ 0.61
Weighted average shares:        
Basic (in shares) 304,936 304,659 304,914 304,577
Diluted (usd per share) 305,176 305,167 305,175 305,026