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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 209 109
Real estate revenue:    
Base rent $ 55,976 $ 57,435
Expense reimbursements 27,130 28,097
Percentage rent 95 304
Lease termination revenue 31 481
Other real estate revenue 2,161 2,107
Total real estate revenue 85,393 88,424
Other Nonoperating Income 889 840
Total revenue 86,282 89,264
Property operating expenses:    
CAM and real estate taxes (29,396) (29,952)
Utilities (3,909) (3,823)
Other property operating expenses (3,400) (3,205)
Cost of Real Estate Revenue 36,705 36,980
General and administrative expenses (10,132) (9,041)
Depreciation and amortization (34,030) (31,758)
Project costs and other expenses (112) (312)
Operating Expenses 80,979 78,091
Interest expense, net (14,901) (15,338)
Costs and Expenses 95,880 93,429
Loss before equity in income of partnerships, gain on sale of real estate by equity method investee, adjustment to gains on sales of interests in non operating real estate and losses on sales of interests in real estate, net (9,598) (4,165)
Equity in income of partnerships 3,138 3,736
Equity Method Investment, Realized Gain (Loss) on Disposal 2,773 0
Gain (Loss) on Disposition of Business (25) 0
Gains (Losses) on Sales of Investment Real Estate 0 (57)
Net loss (3,712) (486)
Less: net loss attributable to noncontrolling interest 394 52
Net loss attributable to PREIT (3,318) (434)
Less: preferred share dividends (6,844) (6,205)
Net loss attributable to PREIT common shareholders (10,162) (6,639)
Net loss (3,712) (486)
Noncontrolling interest 394 52
Dividends on unvested restricted shares (138) (97)
Income (Loss) from Continuing Operations Attributable to Parent $ (10,300) $ (6,736)
Basic and diluted loss per share: $ (0.15) $ (0.10)
Weighted average shares outstanding—basic 69,601 69,218
Effect Of Common Share Equivalents 0 0
Weighted average shares outstanding—diluted 69,601 69,218