Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2019

Valuation And Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts and Reserves

SCHEDULE II

SITE Centers Corp.

Valuation and Qualifying Accounts and Reserves

For the Years Ended December 31, 2019, 2018 and 2017

(In thousands)

	Balance at Beginning of Year		Charged to Expense		Deductions		Balance at End of Year
Year ended December 31, 2019
Allowance for uncollectible accounts^(A)(B)	$	88,814	$	21,448	$	552	$	109,710
Valuation allowance for deferred tax assets^(C)	$	29,846	$	—	$	1,433	$	28,413
Year ended December 31, 2018
Allowance for uncollectible accounts^(B)	$	86,369	$	17,829	$	13,444	$	90,754
Valuation allowance for deferred and prepaid tax assets^(C)	$	48,662	$	3,991	$	22,807	$	29,846
Year ended December 31, 2017
Allowance for uncollectible accounts^(B)	$	12,110	$	77,153	$	2,894	$	86,369
Valuation allowance for deferred and prepaid tax assets	$	61,338	$	10,794	$	23,470	$	48,662

(A)	Adjusted to reflect the change in accounting principle related to the collectability assessment of operating lease receivables

under the adoption of Topic 842, Leases.

(B)

Includes allowances on straight-line rents, accounts receivable (2018 and 2017 only) and reserve of preferred equity interests and accrued interest ($105.3 million at December 31, 2019, $84.6 million at December 31, 2018, and $67.3 million at December 31, 2017). In 2018, $13.5 million of the total deductions are as a result of the spin-off of RVI.

(C)	Amounts charged to expense are discussed further in Note 17. In 2018, $14.8 million of valuation allowance for prepaid taxes was written off, as a result of the spin-off of RVI.