CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			425		493
Real estate revenue:
Base rent	$ 61,243		$ 67,417	$ 128,236	$ 131,691
Expense reimbursements	28,870		30,541	60,004	62,050
Percentage rent	385		322	836	846
Lease termination revenue	16		25	251	467
Other real estate revenue	2,225		2,577	4,868	4,612
Total real estate revenue	92,739		100,882	194,195	199,666
Other Nonoperating Income	1,514		811	2,030	2,084
Total revenue	94,253		101,693	196,225	201,750
Property operating expenses:
CAM and real estate taxes	(30,496)		(33,263)	(64,685)	(67,069)
Utilities	(4,137)		(4,959)	(8,463)	(10,108)
Other property operating expenses	(2,899)		(3,792)	(7,495)	(7,988)
Cost of Real Estate Revenue	37,532		42,014	80,643	85,165
General and administrative expenses	(8,883)		(9,126)	(17,469)	(18,070)
Provision For Employee Separation Expenses	(658)		0	(1,193)	0
Depreciation and amortization	(31,662)		(36,641)	(65,397)	(69,830)
Acquisition costs and other expenses	(243)		(817)	(294)	(5,269)
Operating Expenses	78,978		88,598	164,996	178,334
Interest expense, net	(17,067)		(21,126)	(36,413)	(41,271)
Asset Impairment Charges	(14,118)		(28,667)	(14,724)	(34,907)
Costs and Expenses	110,163		138,391	216,133	254,512
Loss before equity in income of partnerships, gains on sales of interests in non operating real estate and gains on sales of real estate	(15,910)		(36,698)	(19,908)	(52,762)
Equity in income of partnerships	4,192		2,032	8,075	4,114
Gain on sale of non operating real estate	0		0	9	43
Gains (Losses) on Sales of Investment Real Estate	20,887		0	22,922	0
Net income (loss)	9,169		(34,666)	11,098	(48,605)
Less: net (income) loss attributable to noncontrolling interest	(982)		3,742	(1,190)	4,172
Net income available (loss attributable) to PREIT	8,187		(30,924)	9,908	(44,433)
Less: preferred share dividends	(3,962)		(3,962)	(7,924)	(7,924)
Net income available (loss attributable) to PREIT common shareholders	4,225		(34,886)	1,984	(52,357)
Net income (loss)	9,169		(34,666)	11,098	(48,605)
Noncontrolling interest	(982)		3,742	(1,190)	4,172
Dividends on unvested restricted shares	(76)		(79)	(160)	(165)
Income (Loss) from Continuing Operations Attributable to Parent	$ 4,149		$ (34,965)	$ 1,824	$ (52,522)
Basic and diluted earnings (loss) per share:	$ 0.06		$ (0.51)	$ 0.03	$ (0.76)
Weighted average shares outstanding—basic	69,091		68,753	69,032	68,660
Effect Of Common Share Equivalents	68	[1]		125
Weighted average shares outstanding—diluted	69,159		68,753	69,157	68,660

[1] The Company had net losses used to calculate earnings per share for the three and six months ended June 30, 2015, therefore, the effects of common share equivalents of 425 and 493 for the three and six months ended June 30, 2015, respectively, are excluded from the calculation of diluted loss per share for these periods because they would be antidilutive.