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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Leasing revenue $ 192,653 $ 188,590 $ 391,698 $ 392,002
Total revenues 212,374 204,091 427,228 420,235
Expenses:        
Leasing expenses 8,447 8,148 18,103 15,759
REIT general and administrative expenses 8,802 6,441 15,782 13,303
Depreciation and amortization 70,388 72,458 141,841 145,314
Total expenses before interest 175,024 174,521 352,500 351,715
Interest expense (income):        
Interest expense 54,704 53,189 94,127 105,050
Total expenses 229,728 227,710 446,627 456,765
Equity in (loss) income of unconsolidated joint ventures (6,960) 6,353 (68,770) (22,744)
Income tax (expense) benefit (371) 670 1,511 (1,129)
Gain (loss) on sale or write down of assets, net 10,279 (1,091) 14,058 5,362
Net loss (14,406) (17,687) (72,600) (55,041)
Less: net income (loss) attributable to noncontrolling interests 558 (2,303) 1,097 (2,475)
Net loss attributable to the Company $ (14,964) $ (15,384) $ (73,697) $ (52,566)
Loss per common share—attributable to common stockholders:        
Basic (in dollars per share) $ (0.07) $ (0.07) $ (0.34) $ (0.25)
Diluted (in dollars per share) $ (0.07) $ (0.07) $ (0.34) $ (0.25)
Weighted average number of common shares outstanding:        
Basic (in shares) 215,457 214,990 215,375 214,905
Diluted (in shares) 215,457 214,990 215,375 214,905
Nonrelated Party        
Interest expense (income):        
Interest expense $ 48,724 $ 44,297 $ 97,554 $ 88,155
Related Party        
Revenues:        
Revenue 6,913 6,790 13,172 12,534
Interest expense (income):        
Interest expense 5,980 8,892 (3,427) 16,895
Other        
Revenues:        
Revenue 11,686 8,081 20,740 14,408
Management Companies        
Revenues:        
Revenue 8,035 7,420 14,790 13,825
Expenses:        
Shopping center and operating expenses 17,439 17,746 36,339 34,691
Management Companies | Related Party        
Revenues:        
Revenue 4,224 4,682 8,444 9,043
Shopping center and operating expenses        
Expenses:        
Shopping center and operating expenses $ 69,948 $ 69,728 $ 140,435 $ 142,648