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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues from operations:        
Minimum rents $ 92,159 $ 153,925 $ 380,724 $ 485,777
Percentage and overage rents 600 1,016 3,861 4,538
Recoveries from tenants 31,951 51,368 133,863 164,477
Fee and other income 17,601 21,115 45,347 49,240
Business interruption income 1,784 0 6,884 0
Total revenue from operations 144,095 227,424 570,679 704,032
Rental operation expenses:        
Operating and maintenance 18,386 31,926 85,473 103,845
Real estate taxes 21,211 30,618 83,712 98,691
Impairment charges 19,890 10,284 68,394 60,353
Hurricane property and impairment loss, net (157) 6,089 817 6,089
General and administrative 15,232 13,449 45,353 60,499
Depreciation and amortization 49,629 85,210 196,515 266,370
Total rental operation expenses 124,191 177,576 480,264 595,847
Other income (expense):        
Interest income 5,055 6,807 15,412 22,365
Interest expense (26,962) (46,296) (115,915) (147,031)
Other income (expense), net (1,454) (64,340) (99,316) (65,298)
Total other income (expense) (23,361) (103,829) (199,819) (189,964)
Loss before earnings from equity method investments and other items (3,457) (53,981) (109,404) (81,779)
Equity in net (loss) income of joint ventures (2,920) 4,811 9,687 2,429
(Reserve) adjustment of preferred equity interests, net (2,201) 15,377 (4,537) (60,623)
Loss before tax expense (8,578) (33,793) (104,254) (139,973)
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (238) (9,267) (611) (9,963)
Loss from continuing operations (8,816) (43,060) (104,865) (149,936)
Gain on disposition of real estate, net 124 44,291 39,643 127,017
Net (loss) income (8,692) 1,231 (65,222) (22,919)
Income attributable to non-controlling interests, net (239) (248) (1,191) (728)
Net (loss) income attributable to SITE Centers (8,931) 983 (66,413) (23,647)
Preferred dividends (8,382) (8,383) (25,148) (20,376)
Net loss attributable to common shareholders $ (17,313) $ (7,400) $ (91,561) $ (44,023)
Per share data:        
Basic $ (0.09) $ (0.04) $ (0.50) $ (0.24)
Diluted $ (0.09) $ (0.04) $ (0.50) $ (0.24)