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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Minimum rents $ 575,856 $ 594,030 $ 616,295
Percentage rents 17,569 17,124 20,902
Total revenues 960,351 993,662 1,041,271
Expenses:      
REIT general and administrative expenses 24,160 28,240 28,217
Costs related to shareholder activism 19,369 0 0
Depreciation and amortization 327,436 335,431 348,488
Total expenses before interest 751,969 758,982 782,651
Interest expense:      
Related parties 6,883 8,731 8,973
Other 176,079 163,045 154,702
Total interest expense 182,962 171,776 163,675
Gain on extinguishment of debt, net 0 0 (1,709)
Total expenses 934,931 930,758 944,617
Equity in income of unconsolidated joint ventures 71,773 85,546 56,941
Co-venture expense 0 (13,629) (13,382)
Income tax benefit (expense) 3,604 (15,594) (722)
(Loss) gain on sale or write down of assets, net (31,825) 42,446 415,348
Net income 68,972 161,673 554,839
Less net income attributable to noncontrolling interests 8,952 15,543 37,844
Net income attributable to the Company $ 60,020 $ 146,130 $ 516,995
Earnings per common share attributable to common stockholders:      
Net income attributable to common stockholders (dollars per share) $ 0.42 $ 1.02 $ 3.52
Net income attributable to common stockholders (dollars per share) $ 0.42 $ 1.02 $ 3.52
Weighted average number of common shares outstanding:      
Basic (shares) 141,142 141,877 146,599
Diluted (shares) 141,144 141,913 146,711
Tenant recoveries      
Revenues:      
Revenues $ 263,477 $ 283,295 $ 305,282
Other      
Revenues:      
Revenues 59,969 55,819 59,328
Management Companies      
Revenues:      
Revenues 43,480 43,394 39,464
Expenses:      
Operating expenses 103,534 100,121 98,323
Shopping center and operating expenses      
Expenses:      
Operating expenses $ 277,470 $ 295,190 $ 307,623