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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Minimum rents $ 70,987 $ 54,086
Tenant recoveries 20,875 13,508
Interest income from sales-type leases 882 0
Total revenues 175,175 353,890
Expenses:    
Operating costs 64,606 68,759
Rental property real estate taxes 13,578 9,831
Provision for (recovery of) doubtful accounts 1,701 (2)
Demolition costs 0 49
Development-related marketing costs 2,816 5,702
General and administrative 39,081 25,332
Depreciation and amortization 61,637 36,131
Total expenses 298,106 300,314
Other:    
Provision for impairment (48,738) 0
Gain (loss) on sale or disposal of real estate and other assets, net 38,124 (6)
Other (loss) income, net (3,684) 173
Total other (14,298) 167
Operating (loss) income (137,229) 53,743
Interest income 1,146 2,573
Interest expense (34,448) (23,326)
Equity in earnings from real estate and other affiliates 11,349 9,951
(Loss) income before taxes (159,182) 42,941
Provision for income taxes (34,100) 11,016
Net (loss) income (125,082) 31,925
Net income attributable to noncontrolling interests (52) (104)
Net (loss) income attributable to common stockholders $ (125,134) $ 31,821
Basic (loss) income per share (in dollars per share) $ (2.88) $ 0.74
Diluted (loss) income per share (in dollars per share) $ (2.88) $ 0.74
Condominium rights and unit sales    
Revenues:    
Revenues $ 43 $ 198,310
Expenses:    
Cost of sales 97,901 137,694
Master Planned Communities land sales    
Revenues:    
Revenues 39,732 41,312
Expenses:    
Cost of sales 16,786 16,818
Other land, rental and property revenues    
Revenues:    
Revenues 34,897 41,479
Builder price participation    
Revenues:    
Revenues $ 7,759 $ 5,195