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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)

20.

Quarterly Results of Operations (Unaudited)

The following table sets forth the quarterly results of operations for the years ended December 31, 2018 and 2017 (in thousands, except per share amounts):

 

2018

 

 

2017

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

Revenues

$

215,068

 

 

$

211,516

 

 

$

144,095

 

 

$

136,576

 

 

$

240,421

 

 

$

236,187

 

 

$

227,424

 

 

$

217,556

 

 

Net (loss) income attributable

   to SITE Centers

 

(54,153

)

 

 

(3,329

)

 

 

(8,931

)

 

 

180,847

 

(A),(B)

 

(54,241

)

 

 

29,611

 

 

 

983

 

 

 

(218,038

)

(A)

Net (loss) income attributable

    to common shareholders

 

(62,536

)

 

 

(11,712

)

 

 

(17,313

)

 

 

172,464

 

(A),(B)

 

(59,835

)

 

 

23,212

 

 

 

(7,400

)

 

 

(226,421

)

(A)

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per

   common share attributable

   to common shareholders

$

(0.34

)

 

$

(0.07

)

 

$

(0.09

)

 

$

0.94

 

 

$

(0.33

)

 

$

0.13

 

 

$

(0.04

)

 

$

(1.23

)

 

Weighted-average number of

   shares

 

184,560

 

 

 

184,634

 

 

 

184,655

 

 

 

184,266

 

 

 

183,215

 

 

 

183,493

 

 

 

183,843

 

 

 

184,160

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per

   common share attributable

   to common shareholders

$

(0.34

)

 

$

(0.07

)

 

$

(0.09

)

 

$

0.93

 

 

$

(0.33

)

 

$

0.13

 

 

$

(0.04

)

 

$

(1.23

)

 

Weighted-average number of

   shares

 

184,560

 

 

 

184,634

 

 

 

184,655

 

 

 

184,412

 

 

 

183,215

 

 

 

183,515

 

 

 

183,843

 

 

 

184,160

 

 

 

 

(A)

Includes impairment charges of $0.9 million and $280.1 million for the three months ended December 31, 2018 and 2017, respectively.

 

 

(B)

Includes gain on sale of $182.3 million for the three months ended December 31, 2018.