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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Minimum rents $ 193,131 $ 149,220 $ 383,892 $ 300,852
Percentage rents 2,576 2,372 5,824 5,222
Tenant recoveries 105,592 83,375 211,290 174,850
Other 15,321 10,594 28,324 21,024
Management Companies 6,174 8,776 11,799 16,897
Total revenues 322,794 254,337 641,129 518,845
Expenses:        
Shopping center and operating expenses 93,877 81,865 195,541 172,225
Management Companies' operating expenses 20,239 20,896 46,707 43,677
REIT general and administrative expenses 7,550 5,123 15,972 12,006
Costs related to unsolicited takeover offer 11,423 0 24,995 0
Depreciation and amortization 119,333 87,801 239,951 176,457
Total expenses before interest 252,422 195,685 523,166 404,365
Interest expense:        
Related parties 2,709 3,690 5,438 7,398
Other 52,187 42,110 102,744 84,740
Total interest expense 54,896 45,800 108,182 92,138
Loss (gain) on extinguishment of debt, net 1,609 0 (636) 358
Total expenses 308,927 241,485 630,712 496,861
Equity in income of unconsolidated joint ventures 9,094 13,903 17,368 27,672
Co-venture expense (2,813) (2,212) (4,943) (4,032)
Income tax benefit 283 2,898 1,218 3,070
Loss on sale or write down of assets, net (4,671) (9,455) (3,736) (11,065)
(Loss) gain on remeasurement of assets (14) 0 22,089 0
Net income 15,746 17,986 42,413 37,629
Less net income attributable to noncontrolling interests 1,351 1,898 3,407 3,722
Net income attributable to the Company $ 14,395 $ 16,088 $ 39,006 $ 33,907
Earnings per common share—net income attributable to common stockholders:        
Basic (in dollars per share) $ 0.09 $ 0.11 $ 0.24 $ 0.24
Diluted (in dollars per share) $ 0.09 $ 0.11 $ 0.24 $ 0.24
Weighted average number of common shares outstanding:        
Basic (in shares) 158,501 140,894 158,419 140,831
Diluted (in shares) 158,633 141,036 158,587 140,929