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SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Information on Reportable Segments
Information on the Company’s reportable segments is presented as follows:
Year Ended December 31, 2018
 
Malls
 
All
Other (1)
 
Total
Revenues
 
$
783,194

 
$
75,363

 
$
858,557

Property operating expenses (2)
 
(236,807
)
 
(15,805
)
 
(252,612
)
Interest expense
 
(103,162
)
 
(116,876
)
 
(220,038
)
Other expense
 
(85
)
 
(702
)
 
(787
)
Gain on sales of real estate assets
 
799

 
18,202

 
19,001

Segment profit (loss)
 
$
443,939

 
$
(39,818
)
 
404,121

Depreciation and amortization expense
 
 

 
 

 
(285,401
)
General and administrative expense
 
 

 
 

 
(61,506
)
Interest and other income
 
 

 
 

 
1,858

Loss on impairment
 
 

 
 

 
(174,529
)
Income tax benefit
 
 
 
 
 
1,551

Equity in earnings of unconsolidated affiliates
 
 

 
 

 
14,677

Net loss
 
 

 
 

 
$
(99,229
)
Total assets
 
$
4,868,141

 
$
472,712

 
$
5,340,853

Capital expenditures (3)
 
$
132,187

 
$
12,772

 
$
144,959


Year Ended December 31, 2017
 
Malls
 
All
Other (1)
 
Total
Revenues
 
$
847,979

 
$
79,273

 
$
927,252

Property operating expenses (2)
 
(244,282
)
 
(16,271
)
 
(260,553
)
Interest expense
 
(120,414
)
 
(98,266
)
 
(218,680
)
Other expense
 
—

 
(5,180
)
 
(5,180
)
Gain on sales of real estate assets
 
75,980

 
17,812

 
93,792

Segment profit (loss)
 
$
559,263

 
$
(22,632
)
 
536,631

Depreciation and amortization expense
 
 

 
 

 
(299,090
)
General and administrative expense
 
 

 
 

 
(58,466
)
Interest and other income
 
 

 
 

 
1,706

Gain on extinguishment of debt
 
 
 
 
 
30,927

Loss on impairment
 
 
 
 
 
(71,401
)
Loss on investment
 
 
 
 
 
(6,197
)
Equity in earnings of unconsolidated affiliates
 
 
 
 

 
22,939

Net Income before income tax benefit
 
 

 
 

 
$
157,049

Total assets
 
$
5,152,789

 
$
552,019

 
$
5,704,808

Capital expenditures (3)
 
$
174,327

 
$
8,790

 
$
183,117


Year Ended December 31, 2016
 
Malls
 
All
Other (1)
 
Total
Revenues
 
$
928,214

 
$
100,043

 
$
1,028,257

Property operating expenses (2)
 
(268,898
)
 
(12,558
)
 
(281,456
)
Interest expense
 
(143,903
)
 
(72,415
)
 
(216,318
)
Other expense
 
—

 
(20,326
)
 
(20,326
)
Gain on sales of real estate assets
 
481

 
29,086

 
29,567

Segment profit
 
$
515,894

 
$
23,830

 
539,724

Depreciation and amortization expense
 
 

 
 

 
(292,693
)
General and administrative expense
 
 

 
 

 
(63,332
)
Interest and other income
 
 

 
 

 
1,524

Loss on impairment
 
 

 
 

 
(116,822
)
Gain on investment
 
 
 
 
 
7,534

Income tax benefit
 
 
 
 
 
2,063

Equity in earnings of unconsolidated affiliates
 
 
 
 

 
117,533

Net Income
 
 

 
 

 
$
195,531

Total assets
 
$
5,383,937

 
$
720,703

 
$
6,104,640

Capital expenditures (3)
 
$
165,230

 
$
102,573

 
$
267,803

(1)
The All Other category includes associated centers, community centers, mortgage and other notes receivable, office buildings, the Management Company and, prior to the redemption of the Company's redeemable noncontrolling interests during the fourth quarter of 2016, the Company’s former consolidated subsidiary that provided security and maintenance services to third parties (see Note 9). Management, development and leasing fees are included in the All Other category.
(2)
Property operating expenses include property operating, real estate taxes and maintenance and repairs.
(3)
Amounts include acquisitions of real estate assets and investments in unconsolidated affiliates.  Developments in progress are included in the All Other category.