CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Real estate revenue:
Lease revenue		$ 68,112	$ 52,119	$ 128,020	$ 119,840
Expense reimbursements		3,887	2,976	7,786	7,280
Other real estate revenue		1,957	1,543	3,428	3,467
Total real estate revenue		73,956	56,638	139,234	130,587
Other income		162	131	288	424
Total revenue		74,118	56,769	139,522	131,011
Property operating expenses:
CAM and real estate taxes		(25,661)	(25,213)	(53,492)	(52,730)
Utilities		(2,860)	(2,519)	(5,824)	(5,442)
Other property operating expenses		(2,244)	(1,775)	(4,608)	(3,872)
Total property operating expenses		(30,765)	(29,507)	(63,924)	(62,044)
Depreciation and amortization		(29,686)	(30,908)	(59,525)	(61,177)
General and administrative expenses		(13,535)	(10,569)	(25,366)	(21,264)
Provision for employee separation expenses		(149)	(1,040)	(240)	(1,113)
Insurance recoveries, net		670	586	670	586
Project costs and other expenses		(77)	(66)	(179)	(161)
Total operating expenses		(73,542)	(71,504)	(148,564)	(145,173)
Interest expense, net		(31,978)	(17,182)	(62,709)	(34,040)
Gain on debt extinguishment, net		4,587	0	4,587	0
Impairment of assets		(1,302)	0	(1,302)	0
Reorganization expenses		(69)	0	(267)	0
Total expenses		(102,304)	(88,686)	(208,255)	(179,213)
Loss before equity in income (loss) of partnerships, gain on sales of real estate by equity method investee, (loss) gain on sales of real estate, net, and loss on sales of interests in non operating real estate		(28,186)	(31,917)	(68,733)	(48,202)
Equity in income (loss) of partnerships		2,433	(358)	(1,000)	461
Gain on sales of real estate by equity method investee		1,347	0	1,347	0
(Loss) gain on sales of real estate, net		(974)	9,300	(974)	11,263
Loss on sales of interests in non operating real estate		0	(144)	0	(190)
Net loss		(25,380)	(23,119)	(69,360)	(36,668)
Less: net loss attributable to noncontrolling interest		783	746	2,017	1,262
Net loss attributable to PREIT		(24,597)	(22,373)	(67,343)	(35,406)
Less: cumulative preferred share dividends		(6,844)	(6,844)	(13,688)	(13,688)
Net loss attributable to PREIT common shareholders		(31,441)	(29,217)	(81,031)	(49,094)
Net loss		(25,380)	(23,119)	(69,360)	(36,668)
Noncontrolling interest		783	746	2,017	1,262
Cumulative preferred share dividends		(6,844)	(6,844)	(13,688)	(13,688)
Dividends on unvested restricted shares		0	(13)	0	(363)
Net loss used to calculate loss per share—basic and diluted		$ (31,441)	$ (29,230)	$ (81,031)	$ (49,457)
Basic and diluted loss per share:		$ (0.40)	$ (0.38)	$ (1.04)	$ (0.64)
Weighted average shares outstanding basic (in shares)		78,144	77,269	77,896	77,021
Effect of common share equivalents (in shares)	[1]	0	0	0	0
Weighted average shares outstanding diluted (in shares)		78,144	77,269	77,896	77,021

[1] The Company had net losses used to calculate earnings per share for the three and six months ended June 30, 2021 and 2020. Therefore, the effects of common share equivalents are excluded from the calculation of diluted loss per share for these periods because they would be antidilutive.