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Quarterly Results of Operations (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Quarterly Results of Operations

The following table sets forth the quarterly results of operations, as restated for discontinued operations, for the years ended December 31, 2012 and 2011 (in thousands, except per share amounts):

 

     First     Second      Third     Fourth     Total  

2012

           

Revenues

   $ 191,608     $ 193,778      $ 204,119     $ 210,870      $ 800,375  

Net (loss) income attributable to DDR

     (15,056     (37,500      26,738       (4 )(A)      (25,822

Net (loss) income attributable to DDR common shareholders

     (22,023     (44,467      13,253       (7,034 )(A)      (60,271

Basic:

           

Net (loss) income per common share attributable to DDR common shareholders

   $ (0.08   $ (0.16    $ 0.04     $ (0.02   $ (0.21

Weighted-average number of shares

     275,214       280,390        302,232       307,873        291,726  

Diluted:

           

Net (loss) income per common share attributable to DDR common shareholders

   $ (0.08   $ (0.16    $ 0.04     $ (0.02   $ (0.21

Weighted-average number of shares

     275,214       280,390        302,924       307,873        291,726  

2011

           

Revenues

   $ 188,247     $ 185,946      $ 186,279     $ 189,357      $ 749,829  

Net income (loss) attributable to DDR

     35,312       (13,383      (42,989     5,206 (A)      (15,854

Net income (loss) attributable to DDR common shareholders

     24,745       (26,871      (49,956     (1,761 )(A)      (53,843

Basic:

           

Net income (loss) per common share attributable to DDR common shareholders

   $ 0.10     $ (0.10    $ (0.18   $ (0.01   $ (0.20

Weighted-average number of shares

     255,966       274,299        274,639       274,718        270,278  

Diluted:

           

Net income (loss) per common share attributable to DDR common shareholders

   $ 0.01     $ (0.10    $ (0.18   $ (0.01   $ (0.28

Weighted-average number of shares

     262,581       276,067        274,639       274,718        271,472  

 

(A) Includes impairment charges of $20.6 million and $47.4 million for the three months ended December 31, 2012 and 2011, respectively. In addition, the Company recorded gain on sale of real estate of $0.4 million and $54.3 million (Note 12) for the three months ended December 31, 2012 and 2011, respectively.