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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUE:        
Minimum rent $ 63,683 $ 53,836 $ 187,001 $ 161,841
Expense recoveries 18,833 15,802 55,395 48,411
Percentage rent 938 723 3,683 2,798
Management and leasing services 499 483 1,803 1,590
Total revenue 83,953 70,844 247,882 214,640
COSTS AND EXPENSES:        
Property operating 22,885 20,936 66,893 61,924
Rental property depreciation and amortization 20,738 18,147 65,442 57,620
General and administrative 10,227 13,090 32,414 38,406
Total costs and expenses 53,850 52,173 164,749 157,950
INCOME BEFORE OTHER INCOME AND EXPENSE, TAX AND DISCONTINUED OPERATIONS 30,103 18,671 83,133 56,690
OTHER INCOME AND EXPENSE:        
Investment income 1,586 1,515 4,615 3,175
Equity in income of unconsolidated joint ventures 469 4,426 129 4,694
Other (loss) income (10) 101 124 257
Interest expense (18,092) (17,017) (53,304) (51,957)
Amortization of deferred financing fees (627) (558) (1,836) (1,655)
Gain on bargain purchase          30,561
Gain on sale of real estate    959    5,565
Gain on extinguishment of debt       343 255
Impairment loss (2,445) (18,490) (6,393) (18,635)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAX AND DISCONTINUED OPERATIONS 10,984 (10,393) 26,811 28,950
Income tax (expense) benefit of taxable REIT subsidiaries (478) 3,173 (417) 3,480
INCOME (LOSS) FROM CONTINUING OPERATIONS 10,506 (7,220) 26,394 32,430
DISCONTINUED OPERATIONS:        
Operations of income producing properties sold or held for sale 295 4,058 279 11,384
Gain on disposal of income producing properties    4,025 14,269 4,012
Impairment loss on income producing properties sold or held for sale    (36,714) (3,425) (37,991)
Income tax benefit of taxable REIT subsidiaries    33,642    34,453
INCOME FROM DISCONTINUED OPERATIONS 295 5,011 11,123 11,858
NET INCOME (LOSS) 10,801 (2,209) 37,517 44,288
Net Income (Loss) Attributable to Noncontrolling Interest 2,736 2,459 8,202 7,006
Net loss attributable to noncontrolling interests - discontinued operations    11    41
NET INCOME (LOSS) ATTRIBUTABLE TO EQUITY ONE, INC. $ 8,065 $ (4,657) $ 29,315 $ 37,323
EARNINGS (LOSS) PER COMMON SHARE - BASIC:        
Continuing operations (in usd per share) $ 0.07 $ (0.09) $ 0.15 $ 0.22
Discontinued operations (in usd per share)    $ 0.04 $ 0.10 $ 0.11
Earnings per common share - Basic (in usd per share) $ 0.07 $ (0.04) [1] $ 0.25 $ 0.33
Number of Shares Used in Computing Basic Earnings per Share (in shares) 114,699 112,541 113,359 109,267
EARNINGS (LOSS) PER COMMON SHARE - DILUTED:        
Continuing operations (in usd per share) $ 0.07 $ (0.09) $ 0.15 $ 0.22
Discontinued operations (in usd per share)    $ 0.04 $ 0.10 $ 0.11
Earnings per common share - Diluted (in usd per share) $ 0.07 $ (0.04) [1] $ 0.25 $ 0.33
Number of Shares Used in Computing Diluted Earnings (Loss) per Share (in shares) 114,998 112,541 113,681 109,424
[1] Note: EPS does not foot due to the rounding of the individual calculations.