XML 64 R51.htm IDEA: XBRL DOCUMENT v3.19.1
Investments in Unconsolidated Joint Ventures - Combined Condensed Statements of Operations of unconsolidated joint ventures (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Leasing revenue $ 211,008 $ 218,112
Expenses:    
Company's equity in net (loss) income 12,243 16,872
Joint Venture    
Revenues:    
Leasing revenue 219,544 225,863
Other 12,246 8,439
Total revenues 231,790 234,302
Expenses:    
Shopping center and operating expenses 69,322 71,002
Leasing expenses 2,174  
Interest expense 53,862 49,758
Depreciation and amortization 89,981 86,896
Total operating expenses 215,339 207,656
(Loss) gain on sale or write down of assets, net (141) 970
Net (loss) income 16,310 27,616
Company's equity in net (loss) income 12,243 16,872
NML    
Expenses:    
Interest expense on borrowings from related party   4,958
PPR Portfolio | Joint Venture    
Revenues:    
Leasing revenue 46,020 45,420
Other 182 168
Total revenues 46,202 45,588
Expenses:    
Shopping center and operating expenses 9,672 9,681
Leasing expenses 467  
Interest expense 16,951 16,726
Depreciation and amortization 25,514 24,484
Total operating expenses 52,604 50,891
(Loss) gain on sale or write down of assets, net (6) 0
Net (loss) income (6,408) (5,303)
Company's equity in net (loss) income (1,199) (616)
Other Joint Ventures | Joint Venture    
Revenues:    
Leasing revenue 173,524 180,443
Other 12,064 8,271
Total revenues 185,588 188,714
Expenses:    
Shopping center and operating expenses 59,650 61,321
Leasing expenses 1,707  
Interest expense 36,911 33,032
Depreciation and amortization 64,467 62,412
Total operating expenses 162,735 156,765
(Loss) gain on sale or write down of assets, net (135) 970
Net (loss) income 22,718 32,919
Company's equity in net (loss) income $ 13,442 $ 17,488