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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Minimum rents $ 616,295 $ 759,603 $ 633,571
Percentage rents 20,902 25,693 24,350
Tenant recoveries 305,282 415,129 361,119
Other 59,328 61,470 52,226
Management Companies 39,464 26,254 33,981
Total revenues 1,041,271 1,288,149 1,105,247
Expenses:      
Shopping center and operating expenses 307,623 379,815 353,505
Management Companies' operating expenses 98,323 92,340 88,424
REIT general and administrative expenses 28,217 29,870 29,412
Costs related to unsolicited takeover offer 0 25,204 0
Depreciation and amortization 348,488 464,472 378,716
Total expenses before interest 782,651 991,701 850,057
Interest expense:      
Related parties 8,973 10,515 15,134
Other 154,702 201,428 175,555
Total interest expense 163,675 211,943 190,689
(Gain) loss on extinguishment of debt, net (1,709) (1,487) 9,551
Total expenses 944,617 1,202,157 1,050,297
Equity in income of unconsolidated joint ventures 56,941 45,164 60,626
Co-venture expense (13,382) (11,804) (9,490)
Income tax (expense) benefit (722) 3,223 4,269
Gain on sale or write down of assets, net 415,348 378,248 73,440
Gain on remeasurement of assets 0 22,089 1,423,136
Net income 554,839 522,912 1,606,931
Less net income attributable to noncontrolling interests 37,844 35,350 107,889
Net income attributable to the Company $ 516,995 $ 487,562 $ 1,499,042
Earnings per common share attributable to common stockholders:      
Net income attributable to common stockholders (dollars per share) $ 3.52 $ 3.08 $ 10.46
Net income attributable to common stockholders (dollars per share) $ 3.52 $ 3.08 $ 10.45
Weighted average number of common shares outstanding:      
Basic (shares) 146,599 157,916 143,144
Diluted (shares) 146,711 158,060 143,291