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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Minimum rents $ 146,256 $ 144,991 $ 431,546 $ 443,439
Percentage rents 3,325 2,806 6,724 6,784
Total revenues 242,198 242,451 713,477 736,919
Expenses:        
REIT general and administrative expenses 5,439 5,287 18,414 21,208
Costs related to shareholder activism 0 0 19,369 0
Depreciation and amortization 81,803 83,147 240,608 249,463
Total expenses before interest 180,869 186,078 573,889 569,977
Interest expense:        
Related parties 1,074 2,175 8,481 6,567
Other 43,853 41,090 127,996 120,320
Total interest expense 44,927 43,265 136,477 126,887
Total expenses 225,796 229,343 710,366 696,864
Equity in income of unconsolidated joint ventures 18,789 23,993 51,330 56,772
Co-venture expense 0 (3,150) 0 (11,150)
Income tax (expense) benefit (466) (2,869) 1,799 178
Gain (loss) on sale or write down of assets, net 46,516 (11,854) (514) 37,234
Net income 81,241 19,228 55,726 123,089
Less net income attributable to noncontrolling interests 7,213 1,730 7,455 9,710
Net income attributable to the Company $ 74,028 $ 17,498 $ 48,271 $ 113,379
Earnings per common share—attributable to common stockholders:        
Basic (in dollars per share) $ 0.52 $ 0.12 $ 0.34 $ 0.79
Diluted (in dollars per share) $ 0.52 $ 0.12 $ 0.34 $ 0.79
Weighted average number of common shares outstanding:        
Basic (in shares) 141,196 141,299 141,120 142,188
Diluted (in shares) 141,196 141,310 141,125 142,223
Tenant recoveries        
Revenues:        
Revenues $ 68,045 $ 72,897 $ 202,899 $ 214,257
Other        
Revenues:        
Revenues 13,520 11,701 40,218 40,484
Shopping center and operating expenses        
Expenses:        
Operating expenses 72,101 75,598 214,683 222,527
Management Companies' operating expenses        
Revenues:        
Revenues 11,052 10,056 32,090 31,955
Expenses:        
Operating expenses $ 21,526 $ 22,046 $ 80,815 $ 76,779