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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUE    
Rental income $ 51,722 $ 58,358
TOTAL REVENUE 52,876 59,708
EXPENSES    
Real estate taxes 8,151 9,822
Recoverable operating expense 5,979 6,681
Non-recoverable operating expense 2,277 2,490
Depreciation and amortization 20,848 19,219
Transaction costs 174 0
General and administrative expense 6,222 6,066
Insured expenses, net 60 0
TOTAL EXPENSES 43,711 44,278
OPERATING INCOME 9,165 15,430
OTHER INCOME AND EXPENSES    
Other income (expense), net 353 (108)
Gain on sale of real estate 0 5,702
Earnings from unconsolidated joint ventures 256 54
Interest expense (9,401) (10,349)
INCOME BEFORE TAX 373 10,729
Income tax provision (31) (36)
NET INCOME 342 10,693
Net income attributable to noncontrolling partner interest (8) (250)
NET INCOME ATTRIBUTABLE TO RPT 334 10,443
Preferred share dividends (1,675) (1,675)
NET (LOSS) INCOME AVAILABLE TO COMMON SHAREHOLDERS $ (1,341) $ 8,768
(LOSS) EARNINGS PER COMMON SHARE    
Basic (in usd per share) $ (0.02) $ 0.11
Diluted (in usd per share) $ (0.02) $ 0.11
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares) 79,909 79,744
Diluted (in shares) 79,909 79,931
Cash Dividend Declared per Common Share (in usd per share) $ 0.22 $ 0.22
OTHER COMPREHENSIVE INCOME    
Net income $ 342 $ 10,693
Other comprehensive gain (loss):    
(Loss) gain on interest rate swaps (17,311) (1,539)
Comprehensive (loss) income (16,969) 9,154
Comprehensive loss (income) attributable to noncontrolling interest 393 (214)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO RPT (16,576) 8,940
Other property income    
REVENUE    
TOTAL REVENUE 803 1,299
Management and other fee income    
REVENUE    
TOTAL REVENUE $ 351 $ 51