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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES    
Rental revenue $ 107,751 $ 97,864
Total revenues 171,138 196,289
EXPENSES    
Operating costs 74,289 72,387
Rental property real estate taxes 14,695 15,419
Provision for (recovery of) doubtful accounts 834 (2,420)
General and administrative 30,174 23,553
Depreciation and amortization 52,247 52,009
Other 3,818 3,571
Total expenses 192,822 191,058
OTHER    
Gain (loss) on sale or disposal of real estate and other assets, net 4,794 4,730
Other income (loss), net 891 4,981
Total other 5,685 9,711
Operating income (loss) (15,999) 14,942
Interest income 8,118 4,092
Interest expense (41,918) (38,137)
Equity in earnings (losses) from unconsolidated ventures (19,135) (4,802)
Income (loss) before income taxes (68,934) (23,905)
Income tax expense (benefit) (17,029) (1,278)
Net income (loss) (51,905) (22,627)
Net (income) loss attributable to noncontrolling interests (10) (118)
Net income (loss) attributable to howard hughes holdings Inc., basic (51,915) (22,745)
Net income (loss) attributable to howard hughes holdings Inc., diluted (51,915) (22,745)
Condominium rights and unit sales    
REVENUES    
Revenue from contract with customers 23 6,087
EXPENSES    
Cost of sales 3,861 4,536
Master Planned Communities land sales    
REVENUES    
Revenue from contract with customers 32,415 59,361
EXPENSES    
Cost of sales 12,904 22,003
Other land, rental, and property revenues    
REVENUES    
Revenue from contract with customers 18,383 18,968
Builder price participation    
REVENUES    
Revenue from contract with customers $ 12,566 $ 14,009