QUARTERLY INFORMATION

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

NOTE 19. QUARTERLY INFORMATION (UNAUDITED)

Year Ended December 31, 2019	First Quarter			Second Quarter			Third Quarter			Fourth Quarter		Total
Total revenues	$	198,030		$	193,377		$	187,251		$	190,038	$	768,696
Net income (loss)		( 46,809	)		( 29,688	)		( 92,034	)		36,810		( 131,721	)
Net income (loss) attributable to the Company		( 38,976	)		( 24,177	)		( 78,893	)		33,269		( 108,777	)
Net income (loss) attributable to common shareholders		( 50,199	)		( 35,400	)		( 90,116	)		22,046		( 153,669	)
Basic and diluted per share data attributable to common shareholders:
Net income (loss) attributable to common shareholders	$	( 0.29	)	$	( 0.20	)	$	( 0.52	)	$	0.12	$	( 0.89	)

Net loss for the quarter ended March 31, 2019 includes loss on impairment of real estate assets of $ 24,825 primarily related to Greenbrier Mall and Honey Creek Mall. Also, included in the quarter ended March 31, 2019 is gain on extinguishment of debt of $ 71,722 related to Acadiana Mall and Cary Towne Center, and the accrued maximum expense of $ 88,150 related to the proposed settlement of a class action lawsuit .

Net loss for the quarter ended June 30, 2019 includes loss on impairment of real estate assets of $ 41,608 primarily related to EastGate Mall and The Forum at Grandview.

Net loss for the quarter ended September 30, 2019 includes loss on impairment of real estate assets of $ 135,688 related to Laurel Park Place and Mid Rivers Mall. Also, included in the quarter ended September 30, 2019 is gain on deconsolidation of $ 11,174 related to The Outlet Shoppes at El Paso.

Net income for the quarter ended December 31, 2019 includes loss on impairment of real estate asset of $ 37,400 related to Park Plaza Mall. Also, included in the quarter ended December 31, 2019 is gain on deconsolidation of $ 56,067 related to The Outlet Shoppes at Atlanta.

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		( 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	)

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 ).