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QUARTERLY INFORMATION (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Information
Year Ended December 31, 2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total (1)
Total revenues
 
$
263,078

 
$
254,965

 
$
251,721

 
$
258,493

 
$
1,028,257

Income from operations (2)
 
63,830

 
52,056

 
36,727

 
101,015

 
253,628

Net income (3)
 
41,892

 
73,097

 
670

 
79,872

 
195,531

Net income attributable to the Company
 
40,074

 
62,919

 
1,059

 
68,830

 
172,882

Net income (loss) attributable to common shareholders
 
28,851

 
51,696

 
(10,164
)
 
57,607

 
127,990

Basic per share data attributable to common shareholders:
 
 
 
 

 
 

 
 

 
 

Net income (loss) attributable to common shareholders
 
$
0.17

 
$
0.30

 
$
(0.06
)
 
$
0.34

 
$
0.75

Diluted per share data attributable to common shareholders:
 
 
 
 

 
 

 
 

 
 

Net income (loss) attributable to common shareholders
 
$
0.17

 
$
0.30

 
$
(0.06
)
 
$
0.34

 
$
0.75

(1)
The sum of quarterly EPS may differ from annual EPS due to rounding.
(2)
Income from operations for the quarters ended March 31, 2016; June 30, 2016; and September 30, 2016 includes a loss on impairment of $19,685; $43,493; and $53,558 respectively, primarily related to properties which were sold during 2016 (see Note 4 and Note 15).
(3)
Net income for the quarter ended March 31, 2016 includes a gain of $26,395 related to the sale of a 50% interest in Triangle Town Center to a new 10/90 joint venture. Net income for the quarter ended June 30, 2016 includes a gain of $29,267 related to the foreclosure of Gulf Coast Town Center and a gain of $29,437 from the sale of Renaissance Center. The Company's share of the gain is included in Equity in Earnings of Unconsolidated Affiliates in the consolidated statements of operations (see Note 5).

Year Ended December 31, 2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total  (1)
Total revenues
 
$
260,909

 
$
253,843

 
$
262,636

 
$
277,630

 
$
1,055,018

Income from operations (2)
 
85,032

 
89,858

 
94,007

 
8,687

 
277,584

Net income (loss) (3)
 
53,205

 
48,331

 
44,432

 
(26,953
)
 
119,015

Net income (loss) attributable to the Company
 
46,164

 
41,895

 
37,569

 
(22,257
)
 
103,371

Net income (loss) attributable to common shareholders
 
34,941

 
30,672

 
26,346

 
(33,480
)
 
58,479

Basic per share data attributable to common shareholders:
 
 

 
 

 
 

 
 

 
 

Net income (loss) attributable to common shareholders
 
$
0.21

 
$
0.18

 
$
0.15

 
$
(0.20
)
 
$
0.34

Diluted per share data attributable to common shareholders:
 
 

 
 

 
 

 
 

 
 

Net income (loss) attributable to common shareholders
 
$
0.20

 
$
0.18

 
$
0.15

 
$
(0.20
)
 
$
0.34

 
(1)
The sum of quarterly EPS may differ from annual EPS due to rounding.
(2)
Income from operations for the quarter ended December 31, 2015 includes a $102,280 loss on impairment of real estate primarily related to Chesterfield Mall (see Note 15).
(3)
Income from continuing operations for the quarter ended March 31, 2015 includes $16,560 gain on investment related to the sale of available-for-sale securities (see Note 2) and also includes $14,173 and $14,065 related to gain on sales of real estate assets for the quarters ended June 30, 2015 and December 31, 2015, respectively.