Segment Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

12. Segment Information

The tables below present information about the Company’s reportable operating segments (in thousands):

	Three Months Ended March 31, 2017
	Shopping Centers			Loan Investments			Other			Total
Total revenues	$	240,406		$	15					$	240,421
Rental operation expenses		(67,320	)		—						(67,320	)
Net operating income		173,086			15						173,101
Impairment charges		(21,973	)								(21,973	)
Depreciation and amortization		(90,884	)								(90,884	)
Interest income					8,392						8,392
Other income (expense), net							$	(4	)		(4	)
Unallocated expenses(A)								(83,122	)		(83,122	)
Equity in net loss of joint ventures		(1,665	)								(1,665	)
Reserve of preferred equity interests					(76,000	)					(76,000	)
Loss from continuing operations										$	(92,155	)
As of March 31, 2017:
Total gross real estate assets	$	9,185,537								$	9,185,537
Notes receivable, net(B)				$	369,200		$	(319,305	)	$	49,895

	Three Months Ended March 31, 2016
	Shopping Centers			Loan Investments			Other			Total
Total revenues	$	254,417		$	6					$	254,423
Rental operation expenses		(73,003	)		(39	)					(73,042	)
Net operating income (loss)		181,414			(33	)					181,381
Depreciation and amortization		(96,902	)								(96,902	)
Interest income					9,050						9,050
Other income (expense), net							$	1,773			1,773
Unallocated expenses(A)								(76,231	)		(76,231	)
Equity in net income of joint ventures		14,421									14,421
Income from continuing operations										$	33,492
As of March 31, 2016:
Total gross real estate assets	$	9,973,081								$	9,973,081
Notes receivable, net(B)				$	440,526		$	(397,934	)	$	42,592

(A) Unallocated expenses consist of General and Administrative Expenses, Interest Expense and Tax Expense as listed in the Company’s consolidated statements of operations.  

(B) Amount includes loans to affiliates classified in Investments in and Advances to Joint Ventures on the Company’s consolidated balance sheets.