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Business Segments
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Business Segments
Business Segments
The Company has two reportable business segments: Shopping Centers and Mixed-Use Properties. The accounting policies of the segments are the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates performance based upon income and cash flows from real estate of the combined properties in each segment. All of our properties within each segment generate similar types of revenues and expenses related to tenant rent, reimbursements and operating expenses. Although services are provided to a range of tenants, the types of services provided to them are similar within each segment. The properties in each portfolio have similar economic characteristics and the nature of the products and services provided to our tenants and the method to distribute such services are consistent throughout the portfolio. Certain reclassifications have been made to prior year information to conform to the 2020 presentation.
(In thousands)
 Shopping
Centers
 
Mixed-Use
Properties
 
Corporate
and Other
 
Consolidated
Totals
Three months ended March 31, 2020
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
41,571

 
$
15,372

 
$
—

 
$
56,943

Expenses
(8,922
)
 
(5,267
)
 
—

 
(14,189
)
Income from real estate
32,649

 
10,105

 
—

 
42,754

Interest expense, net and amortization of deferred debt costs
—

 
—

 
(9,594
)
 
(9,594
)
Depreciation and amortization of deferred leasing costs
(7,386
)
 
(3,895
)
 
—

 
(11,281
)
General and administrative
—

 
—

 
(5,050
)
 
(5,050
)
Net income (loss)
$
25,263

 
$
6,210

 
$
(14,644
)
 
$
16,829

Capital investment
$
4,202

 
$
17,386

 
$
—

 
$
21,588

Total assets
$
973,107

 
$
640,122

 
$
31,611

 
$
1,644,840

 
 
 
 
 
 
 
 
Three months ended March 31, 2019
 
 
 
 
 
 
 
Real estate rental operations:
 
 
 
 
 
 
 
Revenue
$
43,159

 
$
16,591

 
$
—

 
$
59,750

Expenses
(9,688
)
 
(5,461
)
 
—

 
(15,149
)
Income from real estate
33,471

 
11,130

 
—

 
44,601

Interest expense, net and amortization of deferred debt costs
—

 
—

 
(11,067
)
 
(11,067
)
Depreciation and amortization of deferred leasing costs
(7,282
)
 
(4,361
)
 
—

 
(11,643
)
General and administrative
—

 
—

 
(4,814
)
 
(4,814
)
Net income (loss)
$
26,189

 
$
6,769

 
$
(15,881
)
 
$
17,077

Capital investment
$
4,613

 
$
18,810

 
$
—

 
$
23,423

Total assets
$
968,674

 
$
566,163

 
$
10,991

 
$
1,545,828