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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues from operations:      
Rental income $ 490,799 $ 414,864 $ 443,421
Fee and other income 42,065 45,469 63,682
Business interruption income 0 0 885
Total revenue from operations 532,864 460,333 507,988
Rental operation expenses:      
Operating and maintenance 76,716 68,801 71,355
Real estate taxes 76,071 69,601 68,308
Impairment charges 7,270 5,200 3,370
General and administrative 55,052 52,881 58,384
Depreciation and amortization 185,768 170,669 165,087
Total rental operation expenses 400,877 367,152 366,504
Other income (expense):      
Interest income 0 11,888 18,009
Interest expense (76,383) (77,604) (84,721)
Other (expense) income, net (1,185) (18,400) 357
Total other income (expense) (77,568) (84,116) (66,355)
Income before earnings from equity method investments and other items 54,419 9,065 75,129
Equity in net income of joint ventures 47,297 1,516 11,519
Reserve of preferred equity interests, net 0 (19,393) (15,544)
Gain on sale and change in control of interests, net 19,185 45,464 0
Gain on disposition of real estate, net 6,065 1,069 31,380
Income before tax expense 126,966 37,721 102,484
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (1,550) (1,131) (659)
Net income 125,416 36,590 101,825
Income attributable to non-controlling interests, net (481) (869) (1,126)
Net income attributable to SITE Centers 124,935 35,721 100,699
Write-off of preferred share original issuance costs (5,156) 0 (7,176)
Preferred dividends (13,656) (20,531) (32,231)
Net income attributable to common shareholders $ 106,123 $ 15,190 $ 61,292
Per share data:      
Basic $ 0.51 $ 0.08 $ 0.33
Diluted $ 0.51 $ 0.08 $ 0.33