CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Real estate revenue:
Base rent	$ 71,342		$ 68,502
Expense reimbursements	34,351		30,861
Percentage rent	590		982
Lease termination revenue	100		140
Other real estate revenue	2,226		2,693
Total real estate revenue	108,609		103,178
Other Nonoperating Income	779		888
Total revenue	109,388		104,066
Operating expenses:
CAM and real estate taxes	(39,403)		(34,899)
Utilities	(8,210)		(5,058)
Other operating expenses	(4,104)		(3,737)
Total operating expenses	(51,717)		(43,694)
Depreciation and amortization	(36,235)		(33,617)
Other expenses:
General and administrative expenses	(9,077)		(8,856)
Impairment of assets	(1,300)		0
Provision for employee separation expense			(1,279)
Acquisition costs and other expenses	(1,646)		(202)
Total other expenses	12,023		10,337
Interest expense, net	(20,170)		(27,338)
Total expenses	(120,145)		(114,986)
Loss before equity in income of partnerships, discontinued operations and gains on sales of discontinued operations	(10,757)		(10,920)
Equity in income of partnerships	2,402		2,452
Loss from continuing operations	(8,355)		(8,468)
Discontinued operations:
Operating results from discontinued operations			1,021
Gains on sales of discontinued operations			33,254
Income from discontinued operations			34,275
Net (loss) income	(8,355)		25,807
Less: net loss (income) attributable to noncontrolling interest	252		(1,005)
Net (loss) income attributable to PREIT	(8,103)		24,802
Less: preferred share dividends	(3,962)		(3,962)
Net (loss) income attributable to PREIT common shareholders	(12,065)		20,840
Loss from continuing operations	(8,355)		(8,468)
Noncontrolling interest	252		329
Dividends on unvested restricted shares	(113)		(108)
Loss from continuing operations used to calculate loss per share—basic and diluted	(12,178)		(12,209)
Noncontrolling interest			(1,334)
Income from discontinued operations used to calculate earnings per share—basic and diluted			$ 32,941
Basic and diluted (loss) earnings per share:
Loss from continuing operations	$ (0.18)		$ (0.22)
Income from discontinued operations			$ 0.59
Total (in dollars per share)	$ (0.18)		$ 0.37
Weighted average shares outstanding—basic	67,944		55,738
Effect of common share equivalents (1)		[1]		[1]
Weighted average shares outstanding—diluted	67,944		55,738

[1] The Company had net losses from continuing operations for all periods presented. Therefore, the effects of common share equivalents of 403 and 706 for the three months ended March 31, 2014 and 2013, respectively, are excluded from the calculation of diluted loss per share for these periods because they would be antidilutive.