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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Minimum rents $ 594,030 $ 616,295 $ 759,603
Percentage rents 17,124 20,902 25,693
Tenant recoveries 283,295 305,282 415,129
Other 55,819 59,328 61,470
Management Companies 43,394 39,464 26,254
Total revenues 993,662 1,041,271 1,288,149
Expenses:      
Shopping center and operating expenses 295,190 307,623 379,815
Management Companies' operating expenses 100,121 98,323 92,340
REIT general and administrative expenses 28,240 28,217 29,870
Costs related to unsolicited takeover offer 0 0 25,204
Depreciation and amortization 335,431 348,488 464,472
Total expenses before interest 758,982 782,651 991,701
Interest expense:      
Related parties 8,731 8,973 10,515
Other 163,045 154,702 201,428
Total interest expense 171,776 163,675 211,943
Gain on extinguishment of debt, net 0 (1,709) (1,487)
Total expenses 930,758 944,617 1,202,157
Equity in income of unconsolidated joint ventures 85,546 56,941 45,164
Co-venture expense (13,629) (13,382) (11,804)
Income tax (expense) benefit (15,594) (722) 3,223
Gain on sale or write down of assets, net 42,446 415,348 378,248
Gain on remeasurement of assets 0 0 22,089
Net income 161,673 554,839 522,912
Less net income attributable to noncontrolling interests 15,543 37,844 35,350
Net income attributable to the Company $ 146,130 $ 516,995 $ 487,562
Earnings per common share attributable to common stockholders:      
Net income attributable to common stockholders (dollars per share) $ 1.02 $ 3.52 $ 3.08
Net income attributable to common stockholders (dollars per share) $ 1.02 $ 3.52 $ 3.08
Weighted average number of common shares outstanding:      
Basic (shares) 141,877 146,599 157,916
Diluted (shares) 141,913 146,711 158,060