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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues from operations:        
Minimum rents $ 153,925 $ 177,844 $ 485,777 $ 533,275
Percentage and overage rents 1,016 1,193 4,538 4,783
Recoveries from tenants 51,368 59,743 164,477 182,718
Fee and other income 21,115 15,020 49,240 44,768
Total revenue from operations 227,424 253,800 704,032 765,544
Rental operation expenses:        
Operating and maintenance 28,950 32,012 94,091 104,600
Real estate taxes 30,618 36,157 98,691 108,475
Impairment charges 10,284 104,877 60,353 104,877
Hurricane casualty and impairment loss 6,089 0 6,089 0
General and administrative 16,425 18,785 70,253 55,160
Depreciation and amortization 85,210 95,451 266,370 290,051
Total rental operation expenses 177,576 287,282 595,847 663,163
Other income (expense):        
Interest income 6,807 9,304 22,365 27,800
Interest expense (46,296) (53,940) (147,031) (165,849)
Other income (expense), net (64,340) (384) (65,298) 3,470
Total other income (expense) (103,829) (45,020) (189,964) (134,579)
Loss before earnings from equity method investments and other items (53,981) (78,502) (81,779) (32,198)
Equity in net income (loss) of joint ventures 4,811 (1,457) 2,429 14,081
Adjustment (reserve) of preferred equity interests 15,377 0 (60,623) 0
Loss on sale and change in control of interests, net 0 (1,087) 0 (1,087)
Loss before tax expense (33,793) (81,046) (139,973) (19,204)
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (9,267) (398) (9,963) (1,101)
Income (loss) from continuing operations (43,060) (81,444) (149,936) (20,305)
Gain on disposition of real estate, net 44,291 21,368 127,017 47,470
Net income (loss) 1,231 (60,076) (22,919) 27,165
Income attributable to non-controlling interests, net (248) (284) (728) (894)
Net income (loss) attributable to DDR 983 (60,360) (23,647) 26,271
Preferred dividends (8,383) (5,594) (20,376) (16,781)
Net (loss) income attributable to common shareholders $ (7,400) $ (65,954) $ (44,023) $ 9,490
Per share data:        
Basic $ (0.02) $ (0.18) $ (0.12) $ 0.02
Diluted $ (0.02) $ (0.18) $ (0.12) $ 0.02