XML 21 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Land $ 861,438 $ 873,548
Buildings 3,217,382 3,251,030
Fixtures and tenant improvements 461,187 448,371
Total real estate rental property 4,540,007 4,572,949
Less: Accumulated depreciation (1,231,448) (1,172,357)
Real estate rental property, net 3,308,559 3,400,592
Construction in progress and land 72,124 54,917
Total real estate assets, net 3,380,683 3,455,509
Investments in and advances to joint ventures, net 340,881 329,623
Investment in and advances to affiliate 223,759 223,985
Cash and cash equivalents 9,421 11,087
Restricted cash 1,744 2,563
Accounts receivable 63,935 67,335
Other assets, net 122,319 116,229
Total assets 4,142,742 4,206,331
Unsecured indebtedness:    
Senior notes, net 1,646,985 1,646,007
Term loan, net 49,698 49,655
Revolving credit facilities 75,000 100,000
Total unsecured indebtedness 1,771,683 1,795,662
Mortgage indebtedness, net 87,192 88,743
Total indebtedness 1,858,875 1,884,405
Accounts payable and other liabilities 211,975 203,662
Dividends payable 44,641 45,262
Total liabilities 2,115,491 2,133,329
Commitments and contingencies
SITE Centers Equity    
Common shares, with par value, $0.10 stated value; 300,000,000 shares authorized; 184,717,977 and 184,711,545 shares issued at June 30, 2019 and December 31, 2018, respectively 18,472 18,471
Additional paid-in capital 5,546,407 5,544,220
Accumulated distributions in excess of net income (4,016,360) (3,980,151)
Deferred compensation obligation 8,046 8,193
Accumulated other comprehensive loss (769) (1,381)
Less: Common shares in treasury at cost: 4,481,766 and 3,373,114 shares at June 30, 2019 and December 31, 2018, respectively (56,659) (44,278)
Total SITE Centers shareholders' equity 2,024,137 2,070,074
Non-controlling interests 3,114 2,928
Total equity 2,027,251 2,073,002
Total liabilities and equity 4,142,742 4,206,331
Class A Cumulative Redeemable Preferred Shares [Member]    
SITE Centers Equity    
Cumulative redeemable preferred shares 175,000 175,000
Class J Cumulative Redeemable Preferred Shares [Member]    
SITE Centers Equity    
Cumulative redeemable preferred shares 200,000 200,000
Class K Cumulative Redeemable Preferred Shares [Member]    
SITE Centers Equity    
Cumulative redeemable preferred shares $ 150,000 $ 150,000