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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues from operations:        
Rental income $ 108,060 $ 126,148 $ 332,555 $ 529,916
Fee and other income 13,580 16,163 48,764 33,879
Business interruption income 885 1,784 885 6,884
Total revenue from operations 122,525 144,095 382,204 570,679
Rental operation expenses:        
Operating and maintenance 16,738 18,386 54,322 85,473
Real estate taxes 16,721 21,211 52,262 83,712
Impairment charges 2,750 19,890 3,370 68,394
Hurricane property (credit) loss 0 (157) 0 817
General and administrative 15,304 15,232 44,348 45,353
Depreciation and amortization 40,732 49,629 123,400 196,515
Total rental operation expenses 92,245 124,191 277,702 480,264
Other income (expense):        
Interest income 4,616 5,055 13,658 15,412
Interest expense (21,160) (26,962) (63,973) (115,915)
Other income (expense), net (322) (1,454) (254) (99,316)
Total other income (expense) (16,866) (23,361) (50,569) (199,819)
Income (loss) before earnings from equity method investments and other items 13,414 (3,457) 53,933 (109,404)
Equity in net income (loss) of joint ventures 2,612 (2,920) 5,446 9,687
Reserve of preferred equity interests, net (6,373) (2,201) (12,106) (4,537)
Gain on disposition of real estate, net 14,497 124 31,087 39,643
Income (loss) before tax expense 24,150 (8,454) 78,360 (64,611)
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (249) (238) (827) (611)
Net income (loss) 23,901 (8,692) 77,533 (65,222)
Income attributable to non-controlling interests, net (271) (239) (836) (1,191)
Net income (loss) attributable to SITE Centers 23,630 (8,931) 76,697 (66,413)
Preferred dividends (8,382) (8,382) (25,148) (25,148)
Net income (loss) attributable to common shareholders $ 15,248 $ (17,313) $ 51,549 $ (91,561)
Per share data:        
Basic $ 0.08 $ (0.09) $ 0.28 $ (0.50)
Diluted $ 0.08 $ (0.09) $ 0.28 $ (0.50)