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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Minimum rents $ 145,555 $ 151,048
Percentage rents 1,918 3,014
Tenant recoveries 72,412 80,173
Other 15,264 13,148
Management Companies 11,896 8,617
Total revenues 247,045 256,000
Expenses:    
Shopping center and operating expenses 75,897 79,324
Management Companies' operating expenses 28,517 27,900
REIT general and administrative expenses 8,463 8,629
Depreciation and amortization 83,073 86,931
Total expenses before interest 195,950 202,784
Interest expense:    
Related parties 2,211 2,272
Other 39,090 37,504
Total interest expense 41,301 39,776
Loss on extinguishment of debt 0 3,575
Total expenses 237,251 246,135
Equity in income of unconsolidated joint ventures 15,843 11,660
Co-venture expense (3,877) (3,289)
Income tax benefit (expense) 3,484 (1,317)
Gain on sale or write down of assets, net 49,565 434,456
Net income 74,809 451,375
Less net income attributable to noncontrolling interests 5,566 30,460
Net income attributable to the Company $ 69,243 $ 420,915
Earnings per common share—net income attributable to common stockholders:    
Basic (in dollars per share) $ 0.48 $ 2.77
Diluted (in dollars per share) $ 0.48 $ 2.76
Weighted average number of common shares outstanding:    
Basic (in shares) 143,596 151,984
Diluted (in shares) 143,655 152,103