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QUARTERLY INFORMATION (UNAUDITED) | 12 Months Ended
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Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
QUARTERLY INFORMATION (UNAUDITED) | QUARTERLY INFORMATION (UNAUDITED)
Year Ended December 31, 2018 |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total
Total revenues |  | $ | 220,200 |  |  | $ | 214,598 |  |  | $ | 206,878 |  |  | $ | 216,881 |  |  | $ | 858,557 |
Net loss (1) |  | (661 | ) |  | (29,976 | ) |  | (2,971 | ) |  | (65,621 | ) |  | (99,229 | )
Net income (loss) attributable to the Company |  | 903 |  |  | (23,797 | ) |  | (1,367 | ) |  | (54,307 | ) |  | (78,568 | )
Net loss attributable to common shareholders |  | (10,320 | ) |  | (35,020 | ) |  | (12,590 | ) |  | (65,530 | ) |  | (123,460 | )
Basic and diluted per share data attributable to common shareholders: |  |  |  |  |  |
Net loss attributable to common shareholders |  | $ | (0.06 | ) |  | $ | (0.20 | ) |  | $ | (0.07 | ) |  | $ | (0.39 | ) |  | $ | (0.72 | )
(1) | Net loss for the quarter ended June 30, 2018 includes loss on impairment of real estate assets of $51,983 related to Cary Towne Center. Net loss for the quarter ended December 31, 2018 includes loss on impairment of real estate assets of $2,693, $36,525 and $48,640 for Cary Towne Center, Eastland Mall and Honey Creek Mall, respectively (see Note 16).
Year Ended December 31, 2017 |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Total (1)
Total revenues |  | $ | 238,013 |  |  | $ | 229,233 |  |  | $ | 224,650 |  |  | $ | 235,356 |  |  | $ | 927,252 |
Net income (2) |  | 38,518 |  |  | 70,627 |  |  | 9,299 |  |  | 40,538 |  |  | 158,982 |
Net income attributable to the Company |  | 34,115 |  |  | 41,396 |  |  | 8,965 |  |  | 36,464 |  |  | 120,940 |
Net income (loss) attributable to common shareholders |  | 22,892 |  |  | 30,173 |  |  | (2,258 | ) |  | 25,241 |  |  | 76,048 |
Basic and diluted per share data attributable to common shareholders: |  |  |  |  |  |
Net income (loss) attributable to common shareholders |  | $ | 0.13 |  |  | $ | 0.18 |  |  | $ | (0.01 | ) |  | $ | 0.15 |  |  | $ | 0.44 |
(1) | The sum of quarterly EPS differs from annual EPS due to rounding.
(2) | Net Income for the quarter ended June 30, 2017 includes the following items:
– | a gain of $75,434 (of which the Company's share was approximately $48,800) related to the sale of The Outlet Shoppes at Oklahoma City, a 75/25 joint venture (see Note 5 ).
– | a gain on extinguishment of debt of $20,420, which primarily represents the gain related to the foreclosure of Chesterfield Mall, which was partially offset by a prepayment fee for the early retirement of debt on The Outlet Shoppes at Oklahoma City (see Note 7).
– | a $5,843 loss on investment related to the disposition of River Ridge Mall (see Note 6).
– | a $43,007 loss on impairment of real estate assets related to Acadiana Mall (see Note 16).
Net income for the quarter ended September 30, 2017 includes a $6,851 gain on extinguishment of debt attributable to the foreclosure of Wausau Center (see Note 7), as well as a $24,525 loss on impairment of real estate assets related to Hickory Point Mall (see Note 16).

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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