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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Information on Reportable Segments
Information on the Company’s reportable segments is presented as follows:
Three Months Ended June 30, 2018
 
Malls
 
All Other (1)
 
Total
Revenues (2)
 
$
195,942

 
$
18,656

 
$
214,598

Property operating expenses (3)
 
(57,940
)
 
(4,102
)
 
(62,042
)
Interest expense
 
(25,962
)
 
(28,241
)
 
(54,203
)
Other expense
 
(35
)
 
(210
)
 
(245
)
Gain on sales of real estate assets
 
—

 
3,747

 
3,747

Segment profit (loss)
 
$
112,005

 
$
(10,150
)
 
101,855

Depreciation and amortization expense
 
 
 
 
 
(73,566
)
General and administrative expense
 
 
 
 
 
(13,490
)
Interest and other income
 
 
 
 
 
218

Loss on impairment
 
 
 
 
 
(51,983
)
Gain on investment
 
 
 
 
 
387

Income tax benefit
 
 
 
 
 
2,235

Equity in earnings of unconsolidated affiliates
 
 
 
 
 
4,368

Net loss
 
 
 
 
 
$
(29,976
)
Capital expenditures (4)
 
$
32,779

 
$
5,043

 
$
37,822

Three Months Ended June 30, 2017
 
Malls
 
All Other (1)
 
Total
Revenues (2)
 
$
213,793

 
$
15,440

 
$
229,233

Property operating expenses (3)
 
(56,794
)
 
(3,650
)
 
(60,444
)
Interest expense
 
(31,314
)
 
(23,751
)
 
(55,065
)
Other expense
 
—

 
(5,019
)
 
(5,019
)
Gain on sales of real estate assets
 
77,428

 
2,105

 
79,533

Segment profit (loss)
 
$
203,113

 
$
(14,875
)
 
188,238

Depreciation and amortization expense
 
 

 
 

 
(82,509
)
General and administrative expense
 
 

 
 

 
(15,752
)
Interest and other income
 
 

 
 

 
31

Gain on extinguishment of debt
 
 
 
 
 
20,420

Loss on impairment
 
 
 
 
 
(43,203
)
Loss on investment
 
 
 
 
 
(5,843
)
Income tax benefit
 
 

 
 

 
2,920

Equity in earnings of unconsolidated affiliates
 
 
 
 
 
6,325

Net income
 
 

 
 

 
$
70,627

Capital expenditures (4)
 
$
38,348

 
$
1,393

 
$
39,741



Six Months Ended June 30, 2018
 
Malls
 
All Other (1)
 
Total
Revenues (2)
 
$
396,657

 
$
38,141

 
$
434,798

Property operating expenses (3)
 
(121,769
)
 
(8,126
)
 
(129,895
)
Interest expense
 
(51,736
)
 
(56,234
)
 
(107,970
)
Other expense
 
(84
)
 
(255
)
 
(339
)
Gain on sales of real estate assets
 
—

 
8,118

 
8,118

Segment profit (loss)
 
$
223,068

 
$
(18,356
)
 
204,712

Depreciation and amortization expense
 
 
 
 
 
(145,316
)
General and administrative expense
 
 
 
 
 
(31,794
)
Interest and other income
 
 
 
 
 
431

Loss on impairment
 
 
 
 
 
(70,044
)
Gain on investment
 
 
 
 
 
387

Income tax benefit
 
 
 
 
 
2,880

Equity in earnings of unconsolidated affiliates
 
 
 
 
 
8,107

Net loss
 
 
 
 
 
$
(30,637
)
Capital expenditures (4)
 
$
67,081

 
$
7,392

 
$
74,473


Six Months Ended June 30, 2017
 
Malls
 
All Other (1)
 
Total
Revenues (2)
 
$
435,724

 
$
31,522

 
$
467,246

Property operating expenses (3)
 
(123,324
)
 
(7,469
)
 
(130,793
)
Interest expense
 
(64,559
)
 
(46,707
)
 
(111,266
)
Other expense
 
—

 
(5,019
)
 
(5,019
)
Gain on sales of real estate assets
 
77,428

 
8,093

 
85,521

Segment profit (loss)
 
$
325,269

 
$
(19,580
)
 
305,689

Depreciation and amortization expense
 
 
 
 
 
(153,729
)
General and administrative expense
 
 
 
 
 
(31,834
)
Interest and other income
 
 
 
 
 
1,435

Gain on extinguishment of debt
 
 
 
 
 
24,475

Loss on impairment
 
 
 
 
 
(46,466
)
Loss on investment
 
 
 
 
 
(5,843
)
Six Months Ended June 30, 2017
 
Malls
 
All Other (1)
 
Total
Income tax benefit
 
 
 
 
 
3,720

Equity in earnings of unconsolidated affiliates
 
 
 
 
 
11,698

Net income
 
 
 
 
 
$
109,145

Capital expenditures (4)
 
$
79,044

 
$
4,553

 
$
83,597


Total Assets
 
Malls
 
All Other (1)
 
Total
June 30, 2018
 
$
5,045,948

 
$
536,061

 
$
5,582,009

 
 
 
 
 
 
 
December 31, 2017
 
$
5,152,789

 
$
552,019

 
$
5,704,808

 
 
 
 
 
 
 
(1)
The All Other category includes associated centers, community centers, mortgage and other notes receivable, office buildings and the Management Company.
(2)
Management, development and leasing fees are included in the All Other category. See Note 3 for information on the Company's revenues disaggregated by revenue source for each of the above segments.
(3)
Property operating expenses include property operating, real estate taxes and maintenance and repairs.
(4)
Amounts include acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.