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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUE    
Rental income $ 29,084 $ 31,146
Management and other fee income $ 1,821 $ 135
Type of Revenue [Extensible List] Management and Other Fee Income [Member] Management and Other Fee Income [Member]
Total revenue $ 30,905 $ 31,281
EXPENSES    
Property operating 11,032 10,643
Real estate taxes 8,150 10,155
Depreciation and amortization 11,934 13,142
General and administrative 9,092 11,232
Total expenses 40,208 45,172
(Loss)/gain on sale of real estate, net (1,015) 24,208
Impairment of real estate assets (991) (1,700)
Equity in loss of unconsolidated entities (33,076) (1,162)
Interest and other income 11 7,624
Interest expense (22,588) (26,150)
Loss before taxes (66,962) (11,071)
(Provision)/benefit from income taxes (25) 138
Net loss (66,987) (10,933)
Net loss attributable to non-controlling interests 14,782 3,213
Net loss attributable to Seritage (52,205) (7,720)
Preferred dividends (1,225) (1,225)
Net loss attributable to Seritage common shareholders $ (53,430) $ (8,945)
Net loss per share attributable to Seritage Class A common shareholders - Basic $ (1.22) $ (0.23)
Net loss per share attributable to Seritage Class A common shareholders - Diluted $ (1.22) $ (0.23)
Weighted average Class A common shares outstanding - Basic 43,634 39,477
Weighted average Class A common shares outstanding - Diluted 43,634 39,477