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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUE      
Rental income $ 156,055 $ 178,492 $ 186,421
Total revenue 214,754 241,017 248,674
EXPENSES      
Property operating 28,705 19,700 21,510
Real estate taxes 42,446 45,653 43,681
Depreciation and amortization 226,675 262,171 177,119
General and administrative 34,788 27,902 17,469
Litigation charge     19,000
Provision for doubtful accounts 257 158 269
Acquisition-related expenses     73
Total expenses 332,871 355,584 279,121
Gain on sale of real estate 96,165 11,447  
Gain on sale of interests in unconsolidated joint ventures   60,302  
Equity in (loss) income of unconsolidated joint ventures (10,448) (7,788) 4,646
Interest and other income 7,886 877 266
Interest expense (90,020) (70,112) (63,591)
Change in fair value of interest rate cap (23) (701) (1,378)
Loss before income taxes (114,557) (120,542) (90,504)
Provision for income taxes (321) (271) (505)
Net loss (114,878) (120,813) (91,009)
Net loss attributable to non-controlling interests 41,406 47,059 39,451
Net loss attributable to Seritage (73,472) (73,754) (51,558)
Preferred dividends (4,903) (245)  
Net loss attributable to Seritage common shareholders $ (78,375) $ (73,999) $ (51,558)
Net loss per share attributable to Seritage Class A and Class C common shareholders - Basic $ (2.20) $ (2.19) $ (1.64)
Net loss per share attributable to Seritage Class A and Class C common shareholders - Diluted $ (2.20) $ (2.19) $ (1.64)
Weighted average Class A and Class C common shares outstanding - Basic 35,560 33,804 31,416
Weighted average Class A and Class C common shares outstanding - Diluted 35,560 33,804 31,416
Tenant Reimbursements [Member]      
REVENUE      
Revenue $ 57,503 $ 62,525 $ 62,253
Management and Other Fee Income [Member]      
REVENUE      
Revenue $ 1,196