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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of operating information by reportable segment
The operating information by reportable segment is as follows (in thousands):
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
Revenue
 
 
 
 
 
 
 
 
 
Carolinas/Richmond
 
$
20,377

 
$
19,417

 
$
61,129

 
$
58,723

 
Chicago/Minneapolis
 
17,479

 
17,274

 
52,299

 
50,414

 
Cincinnati/Columbus/Indianapolis
 
4,792

 
4,245

 
13,822

 
13,613

 
Dallas
 
5,953

 
5,537

 
17,252

 
14,300

 
Florida
 
15,871

 
15,847

 
48,218

 
47,117

 
Houston
 
19,103

 
16,561

 
51,831

 
48,514

 
Lehigh/Central PA
 
38,878

 
39,188

 
118,588

 
115,799

 
Philadelphia
 
9,779

 
10,598

 
32,043

 
33,659

 
Southern California
 
10,510

 
7,914

 
30,660

 
22,226

 
United Kingdom
 
5,900

 
3,523

 
17,857

 
11,579

 
Other
 
22,768

 
32,119

 
69,717

 
97,853

Segment-level revenue
 
171,410

 
172,223

 
513,416

 
513,797

 
 
 
 
 
 
 
 
 
 
 Reconciliation to total revenue
 
 
 
 
 
 
 
 
 
 Development service fee income
 
257

 
12,956

 
2,099

 
59,132

 
 Discontinued operations
 
(8,498
)
 
(23,911
)
 
(33,593
)
 
(73,613
)
 
 Other
 
—

 
18

 
(179
)
 
(372
)
 Total revenue
 
$
163,169

 
$
161,286

 
$
481,743

 
$
498,944

 
 
 
 
 
 
 
 
 
 
Net operating income
 
 
 
 
 
 
 
 
 
 
Carolinas/Richmond
 
$
15,638

 
$
14,620

 
$
47,020

 
$
43,795

 
Chicago/Minneapolis
 
10,902

 
10,564

 
33,294

 
31,271

 
Cincinnati/Columbus/Indianapolis
 
3,262

 
2,749

 
9,186

 
9,099

 
Dallas
 
4,035

 
3,666

 
11,848

 
9,274

 
Florida
 
11,628

 
11,461

 
35,097

 
33,717

 
Houston
 
12,377

 
9,676

 
32,159

 
28,714

 
Lehigh/Central PA
 
29,902

 
29,406

 
89,639

 
86,085

 
Philadelphia
 
7,876

 
7,947

 
25,583

 
28,211

 
Southern California
 
8,200

 
6,496

 
23,524

 
17,675

 
United Kingdom
 
5,421

 
3,234

 
16,131

 
10,662

 
Other
 
15,507

 
23,213

 
47,727

 
69,620

Net operating income
 
124,748

 
123,032

 
371,208

 
368,123

 
 
 
 
 
 
 
 
 
 
 Reconciliation to income from continuing operations
 
 
 
 
 
 
 
 
 
Interest expense (1)
 
(26,220
)
 
(24,670
)
 
(78,297
)
 
(71,331
)
 
Development service fee income
 
257

 
12,956

 
2,099

 
59,132

 
Development service fee expense
 
(168
)
 
(12,924
)
 
(1,848
)
 
(120,799
)
 
Depreciation/amortization expense (1) (2)
 
(32,279
)
 
(32,243
)
 
(97,642
)
 
(97,576
)
 
Impairment charges - real estate assets
 
—

 
—

 
(99
)
 
(26,000
)
 
Gain on property dispositions
 
15,168

 
2,002

 
21,125

 
54,705

 
Equity in earnings of unconsolidated joint ventures
 
1,776

 
6,766

 
10,966

 
20,958

 
General and administrative expense (1)
 
(10,193
)
 
(9,814
)
 
(35,559
)
 
(32,758
)
 
Leasing cost
 
(3,082
)
 
(2,610
)
 
(9,608
)
 
(8,189
)
 
Other operating expenses
 
(3,166
)
 
(3,169
)
 
(8,690
)
 
(7,467
)
 
Discontinued operations excluding losses on impairment and debt extinguishment and gain on property dispositions
 
(4,951
)
 
(14,320
)
 
(18,553
)
 
(39,842
)
 
Income taxes (1) (2)
 
(811
)
 
(329
)
 
(1,635
)
 
(1,539
)
 
Other
 
(592
)
 
196

 
1,389

 
(3,262
)
Income from continuing operations
 
$
60,487

 
$
44,873

 
$
154,856

 
$
94,155



(1)
Includes activity in discontinued operations.
(2)
Excludes costs that are included in determining net operating income.
Schedule of total assets by reportable segments


The Company's total assets by reportable segment as of September 30, 2019 and December 31, 2018 is as follows (in thousands):

 
September 30, 2019
 
December 31, 2018
Carolinas/Richmond
$
516,811

 
$
525,041

Chicago/Minnesota
597,557

 
591,792

Cincinnati/Columbus/Indianapolis
134,111

 
131,400

Dallas
306,463

 
261,538

Florida
550,623

 
547,232

Houston
608,761

 
568,756

Lehigh/Central PA
1,225,016

 
1,210,220

Philadelphia
540,972

 
624,373

Southern California
766,578

 
660,688

United Kingdom
392,091

 
463,162

Other
1,062,447

 
1,153,518

Segment-level total assets
6,701,430

 
6,737,720

Corporate Other
637,302

 
196,674

Total assets
$
7,338,732

 
$
6,934,394