12.	Segment Information

The tables below present information about the Company’s reportable operating segments (in thousands):

	Three Months Ended June 30, 2018
	Shopping Centers			Loan Investments		Other			Total
Lease revenue and other property revenue	$	205,001		$	14				$	205,015
Revenue from contracts with customers		6,501		—						6,501
Total revenues		211,502			14					211,516
Rental operation expenses		(61,627	)		—					(61,627	)
Net operating income		149,875			14					149,889
Impairment charges		(18,060	)							(18,060	)
Depreciation and amortization		(72,462	)							(72,462	)
Interest income					5,016					5,016
Other income (expense), net						$	(36,255	)		(36,255	)
Unallocated expenses^(A)							(65,491	)		(65,491	)
Hurricane property loss		(224	)							(224	)
Equity in net income of joint ventures		3,821								3,821
Adjustment of preferred equity interests					1,625					1,625
Loss from continuing operations									$	(32,141	)

	Three Months Ended June 30, 2017
	Shopping Centers			Loan Investments			Other			Total
Lease revenue and other property revenue	$	228,245		$	14					$	228,259
Revenue from contracts with customers		7,928		—							7,928
Total revenues		236,173			14						236,187
Rental operation expenses		(65,880	)		(14	)					(65,894	)
Net operating income		170,293			—						170,293
Impairment charges		(28,096	)								(28,096	)
Depreciation and amortization		(90,276	)								(90,276	)
Interest income					7,166						7,166
Other income (expense), net							$	(954	)		(954	)
Unallocated expenses^(A)								(72,137	)		(72,137	)
Equity in net loss of joint ventures		(717	)								(717	)
Loss from continuing operations										$	(14,721	)

	Six Months Ended June 30, 2018
	Shopping Centers			Loan Investments			Other			Total
Lease revenue and other property revenue	$	412,511		$	29					$	412,540
Revenue from contracts with customers		14,044		—							14,044
Total revenues		426,555			29						426,584
Rental operation expenses		(123,407	)		—						(123,407	)
Net operating income		303,148			29						303,177
Impairment charges		(48,504	)								(48,504	)
Depreciation and amortization		(146,886	)								(146,886	)
Interest income					10,357						10,357
Other income (expense), net							$	(97,862	)		(97,862	)
Unallocated expenses^(A)								(125,628	)		(125,628	)
Hurricane property loss		(974	)								(974	)
Equity in net income of joint ventures		12,607									12,607
Reserve of preferred equity interest, net					(2,336	)					(2,336	)
Loss from continuing operations										$	(96,049	)
As of June 30, 2018:
Total gross real estate assets	$	7,891,867								$	7,891,867
Notes receivable, net^(B)				$	247,747		$	(228,077	)	$	19,670

	Six Months Ended June 30, 2017
	Shopping Centers			Loan Investments			Other			Total
Lease revenue and other property revenue	$	460,028		$	28					$	460,056
Revenue from contracts with customers		16,552		—							16,552
Total revenues		476,580			28						476,608
Rental operation expenses		(133,201	)		(13	)					(133,214	)
Net operating income		343,379			15						343,394
Impairment charges		(50,069	)								(50,069	)
Depreciation and amortization		(181,160	)								(181,160	)
Interest income					15,558						15,558
Other income (expense), net							$	(958	)		(958	)
Unallocated expenses^(A)								(155,259	)		(155,259	)
Equity in net loss of joint ventures		(2,382	)								(2,382	)
Reserve of preferred equity interests					(76,000	)					(76,000	)
Loss from continuing operations										$	(106,876	)
As of June 30, 2017:
Total gross real estate assets	$	8,972,219								$	8,972,219
Notes receivable, net^(B)				$	337,761		$	(318,171	)	$	19,590

(A)

Unallocated expenses consist of General and Administrative Expenses, Interest Expense and Tax Expense as listed in the Company’s consolidated statements of operations.

(B)

Amount includes loans to affiliates classified in Investments in and Advances to Joint Ventures on the Company’s consolidated balance sheets.