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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Minimum rents $ 759,603 $ 633,571 $ 578,113
Percentage rents 25,693 24,350 23,156
Tenant recoveries 415,129 361,119 337,772
Other 61,470 52,226 50,242
Management Companies 26,254 33,981 40,192
Total revenues 1,288,149 1,105,247 1,029,475
Expenses:      
Shopping center and operating expenses 379,815 353,505 329,795
Management Companies' operating expenses 92,340 88,424 93,461
REIT general and administrative expenses 29,870 29,412 27,772
Costs related to unsolicited takeover offer 25,204 0 0
Depreciation and amortization 464,472 378,716 357,165
Total expenses before interest 991,701 850,057 808,193
Interest expense:      
Related parties 10,515 15,134 15,016
Other 201,428 175,555 182,231
Total interest expense 211,943 190,689 197,247
(Gain) loss on early extinguishment of debt, net (1,487) 9,551 (1,432)
Total expenses 1,202,157 1,050,297 1,004,008
Equity in income of unconsolidated joint ventures 45,164 60,626 167,580
Co-venture expense (11,804) (9,490) (8,864)
Income tax benefit 3,223 4,269 1,692
Gain (loss) on sale or write down of assets, net 378,248 73,440 (78,057)
Gain on remeasurement of assets 22,089 1,423,136 51,205
Income from continuing operations 522,912 1,606,931 159,023
Discontinued operations:      
Gain on disposition of assets, net 0 0 286,414
Income from discontinued operations 0 0 3,522
Total income from discontinued operations 0 0 289,936
Net income 522,912 1,606,931 448,959
Less net income attributable to noncontrolling interests 35,350 107,889 28,869
Net income attributable to the Company $ 487,562 $ 1,499,042 $ 420,090
Earnings per common share attributable to Company—basic: (in dollars per share)      
Income from continuing operations (dollars per share) $ 3.08 $ 10.46 $ 1.07
Discontinued operations (dollars per share) 0.00 0.00 1.94
Net income attributable to common stockholders (dollars per share) 3.08 10.46 3.01
Earnings per common share attributable to Company—diluted: (in dollars per share)      
Income from continuing operations (dollars per share) 3.08 10.45 1.06
Discontinued operations (dollars per share) 0.00 0.00 1.94
Net income attributable to common stockholders (dollars per share) $ 3.08 $ 10.45 $ 3.00
Weighted average number of common shares outstanding: (in shares)      
Basic (shares) 157,916 143,144 139,598
Diluted (shares) 158,060 143,291 139,680