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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Leasing revenue $ 197,305 $ 195,594 $ 589,003 $ 587,596
Total revenues 218,152 210,704 645,380 630,939
Expenses:        
Leasing expenses 8,777 8,704 26,880 24,463
REIT general and administrative expenses 5,910 6,779 21,692 20,082
Depreciation and amortization 70,755 72,739 212,596 218,053
Total expenses before interest 178,313 179,469 530,813 531,182
Interest expense (income):        
Interest expense 53,380 52,630 147,507 157,680
Total expenses 231,693 232,099 678,320 688,862
Equity in (loss) income of unconsolidated joint ventures (107,465) 6,322 (176,235) (16,422)
Income tax (expense) benefit (1,672) 166 (161) (963)
(Loss) gain on sale or write down of assets, net (149,287) 1,405 (135,229) 6,767
Net loss (271,965) (13,502) (344,565) (68,541)
Less: net (loss) income attributable to noncontrolling interests (9,418) 1,691 (8,321) (784)
Net loss attributable to the Company $ (262,547) $ (15,193) $ (336,244) $ (67,757)
Loss per common share—attributable to common stockholders:        
Basic (in dollars per share) $ (1.22) $ (0.07) $ (1.56) $ (0.32)
Diluted (in dollars per share) $ (1.22) $ (0.07) $ (1.56) $ (0.32)
Weighted average number of common shares outstanding:        
Basic (in shares) 215,632 215,134 215,461 214,982
Diluted (in shares) 215,632 215,134 215,461 214,982
Related Party        
Revenues:        
Revenue $ 6,712 $ 7,043 $ 19,883 $ 19,577
Interest expense (income):        
Interest expense 3,418 6,473 (9) 23,368
Nonrelated Party        
Interest expense (income):        
Interest expense 49,962 46,157 147,516 134,312
Other        
Revenues:        
Revenue 13,403 7,503 34,143 21,911
Management Companies        
Revenues:        
Revenue 7,444 7,607 22,234 21,432
Expenses:        
Shopping center and operating expenses 16,513 16,553 52,852 51,242
Management Companies | Related Party        
Revenues:        
Revenue 4,474 4,332 12,917 13,375
Shopping center and operating expenses        
Expenses:        
Shopping center and operating expenses $ 76,358 $ 74,694 $ 216,793 $ 217,342