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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Minimum rents $ 152,448 $ 193,131 $ 303,496 $ 383,892
Percentage rents 2,394 2,576 5,408 5,824
Tenant recoveries 75,948 105,592 156,121 211,290
Other 17,789 15,321 30,937 28,324
Management Companies 11,325 6,174 19,942 11,799
Total revenues 259,904 322,794 515,904 641,129
Expenses:        
Shopping center and operating expenses 73,910 93,877 153,234 195,541
Management Companies' operating expenses 24,299 20,239 52,199 46,707
REIT general and administrative expenses 7,681 7,550 16,310 15,972
Costs related to unsolicited takeover offer 0 11,423 0 24,995
Depreciation and amortization 85,190 119,333 172,121 239,951
Total expenses before interest 191,080 252,422 393,864 523,166
Interest expense:        
Related parties 2,256 2,709 4,528 5,438
Other 38,939 52,187 76,443 102,744
Total interest expense 41,195 54,896 80,971 108,182
Loss (gain) on early extinguishment of debt, net 0 1,609 3,575 (636)
Total expenses 232,275 308,927 478,410 630,712
Equity in income of unconsolidated joint ventures 14,616 9,094 26,276 17,368
Co-venture expense (3,212) (2,813) (6,501) (4,943)
Income tax (expense) benefit (514) 283 (1,831) 1,218
Gain (loss) on sale or write down of assets, net 10,915 (4,671) 445,371 (3,736)
(Loss) gain on remeasurement of assets 0 (14) 0 22,089
Net income 49,434 15,746 500,809 42,413
Less net income attributable to noncontrolling interests 4,212 1,351 34,672 3,407
Net income attributable to the Company $ 45,222 $ 14,395 $ 466,137 $ 39,006
Earnings per common share—net income attributable to common stockholders:        
Basic (in dollars per share) $ 0.31 $ 0.09 $ 3.12 $ 0.24
Diluted (in dollars per share) $ 0.31 $ 0.09 $ 3.12 $ 0.24
Weighted average number of common shares outstanding:        
Basic (in shares) 146,644 158,501 149,314 158,419
Diluted (in shares) 146,769 158,633 149,459 158,587