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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Information [Text Block] Quarterly Financial Data (Unaudited)

The following is a summary of quarterly results of operations for 2019 and 2018:
 
 
2019
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
160,208

 
$
161,604

 
$
162,506

 
$
176,736

Equity in income (loss) of UJVs
 
14,672

 
14,822

 
20,252

 
(580
)
Net income (loss)
 
29,738

 
16,877

 
316,390

 
(32,631
)
Net income (loss) attributable to TCO common shareholders
 
15,097

 
6,259

 
215,361

 
(32,792
)
Earnings per common share – basic
 
$
0.25

 
$
0.10

 
$
3.52

 
$
(0.54
)
Earnings per common share – diluted
 
$
0.25

 
$
0.10

 
$
3.48

 
$
(0.54
)

 
 
2018
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
161,492

 
$
152,769

 
$
159,120

 
$
167,489

Equity in income of UJVs
 
19,728

 
14,042

 
16,910

 
18,724

Net income
 
34,596

 
30,093

 
38,115

 
12,938

Net income attributable to TCO common shareholders
 
18,590

 
15,307

 
20,976

 
3,079

Earnings per common share – basic
 
$
0.31

 
$
0.25

 
$
0.34

 
$
0.05

Earnings per common share – diluted
 
$
0.30

 
$
0.25

 
$
0.34

 
$
0.05



In the fourth quarter of December 31, 2019, we recognized $72.2 million as an Impairment Charge on Taubman Prestige Outlets Chesterfield on our Consolidated Statement of Operations and Comprehensive Income (Loss) and our beneficial share of an impairment charge of $18.0 million on Stamford Town Center in Equity in Income of UJVs on our Consolidated Statement of Operations and Comprehensive Income (Loss) (Notes 1 and 5).