Business Segments (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Business Segments

(In thousands)	Shopping Centers		Mixed-Use Properties		Corporate and Other		Consolidated Totals
Three months ended September 30, 2021
Real estate rental operations:
Revenue	$	42,485	$	17,771	$	—	$	60,256
Expenses	(8,640)		(6,724)		—		(15,364)
Income from real estate	33,845		11,047		—		44,892
Interest expense, net and amortization of deferred debt costs	—		—		(10,914)		(10,914)
Depreciation and amortization of lease costs	(7,203)		(5,264)		—		(12,467)
General and administrative	—		—		(4,626)		(4,626)
Net income (loss)	$	26,642	$	5,783	$	(15,540)	$	16,885
Capital investment	$	2,629	$	8,722	$	—	$	11,351
Total assets	$	960,247	$	766,761	$	12,492	$	1,739,500
Three months ended September 30, 2020
Real estate rental operations:
Revenue	$	40,336	$	16,424	$	—	$	56,760
Expenses	(8,755)		(6,184)		—		(14,939)
Income from real estate	31,581		10,240		—		41,821
Interest expense, net and amortization of deferred debt costs	—		—		(12,398)		(12,398)
Depreciation and amortization of lease costs	(8,169)		(5,544)		—		(13,713)
General and administrative	—		—		(4,107)		(4,107)
Net income (loss)	$	23,412	$	4,696	$	(16,505)	$	11,603
Capital investment	$	2,733	$	6,703	$	—	$	9,436
Total assets	$	982,381	$	643,395	$	55,598	$	1,681,374

(In thousands)	Shopping Centers		Mixed-Use Properties		Corporate and Other		Consolidated Totals
Nine Months Ended September 30, 2021
Real estate rental operations:
Revenue	$	126,935	$	52,050	$	—	$	178,985
Expenses	(27,087)		(19,454)		—		(46,541)
Income from real estate	99,848		32,596		—		132,444
Interest expense, net and amortization of deferred debt costs	—		—		(34,559)		(34,559)
Depreciation and amortization of deferred leasing costs	(21,639)		(16,213)		—		(37,852)
General and administrative	—		—		(14,234)		(14,234)
Net income (loss)	$	78,209	$	16,383	$	(48,793)	$	45,799
Capital investment	$	8,200	$	30,631	$	—	$	38,831
Total assets	$	960,247	$	766,761	$	12,492	$	1,739,500
Nine Months Ended September 30, 2020
Real estate rental operations:
Revenue	$	120,236	$	46,687	$	—	$	166,923
Expenses	(26,041)		(16,848)		—		(42,889)
Income from real estate	94,195		29,839		—		124,034
Interest expense, net and amortization of deferred debt costs	—		—		(34,011)		(34,011)
Depreciation and amortization of deferred leasing costs	(22,812)		(14,781)		—		(37,593)
General and administrative	—		—		(13,790)		(13,790)
Net income (loss)	$	71,383	$	15,058	$	(47,801)	$	38,640
Capital investment	$	11,622	$	36,741	$	—	$	48,363
Total assets	$	982,381	$	643,395	$	55,598	$	1,681,374