XML 59 R49.htm IDEA: XBRL DOCUMENT v3.21.1
Investments in Unconsolidated Joint Ventures - Combined Condensed Statements of Operations of Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Leasing revenue $ 179,535 $ 210,721
Total revenues 190,424 226,952
Expenses:    
Leasing expenses 5,166 7,425
Interest Expense 53,896 8,074
Depreciation and amortization 78,396 82,213
Total expenses 236,543 191,482
Gain on sale or write down of assets, net (21,283) (36,703)
Net (loss) income (67,730) 8,731
Company's equity in net (loss) income 1,910 9,698
Other    
Revenues:    
Revenues 5,321 9,258
Shopping center and operating expenses    
Expenses:    
Operating expenses 76,155 70,725
Joint Venture    
Revenues:    
Leasing revenue 186,090 230,623
Total revenues 203,149 237,562
Expenses:    
Leasing expenses 1,756 1,768
Interest Expense 53,016 54,235
Depreciation and amortization 90,847 96,978
Total expenses 213,826 224,132
Gain on sale or write down of assets, net 54  
Net (loss) income (10,623) 13,430
Company's equity in net (loss) income 1,910 9,698
Joint Venture | Other    
Revenues:    
Revenues 17,059 6,939
Joint Venture | Shopping center and operating expenses    
Expenses:    
Operating expenses 68,207 71,151
Joint Venture | PPR Portfolio    
Expenses:    
Gain on sale or write down of assets, net 0  
Company's equity in net (loss) income (5,507) 4,721
Joint Venture | Other Joint Ventures    
Expenses:    
Gain on sale or write down of assets, net 54  
Company's equity in net (loss) income 7,417 4,977
Joint Venture | PPR Portfolio    
Revenues:    
Leasing revenue 36,771 58,378
Total revenues 36,865 58,429
Expenses:    
Leasing expenses 403 473
Interest Expense 15,803 16,094
Depreciation and amortization 24,307 28,618
Total expenses 49,878 54,827
Net (loss) income (13,013) 3,602
Joint Venture | PPR Portfolio | Other    
Revenues:    
Revenues 94 51
Joint Venture | PPR Portfolio | Shopping center and operating expenses    
Expenses:    
Operating expenses 9,365 9,642
Joint Venture | Other Joint Ventures    
Revenues:    
Leasing revenue 149,319 172,245
Total revenues 166,284 179,133
Expenses:    
Leasing expenses 1,353 1,295
Interest Expense 37,213 38,141
Depreciation and amortization 66,540 68,360
Total expenses 163,948 169,305
Net (loss) income 2,390 9,828
Joint Venture | Other Joint Ventures | Other    
Revenues:    
Revenues 16,965 6,888
Joint Venture | Other Joint Ventures | Shopping center and operating expenses    
Expenses:    
Operating expenses $ 58,842 $ 61,509