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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 298 432
Real estate revenue:    
Base rent $ 66,993 $ 64,273
Expense reimbursements 31,134 31,510
Percentage rent 451 524
Lease termination revenue 235 441
Other real estate revenue 2,643 2,035
Total real estate revenue 101,456 98,783
Other Nonoperating Income 516 1,274
Total revenue 101,972 100,057
Property operating expenses:    
CAM and real estate taxes (34,189) (33,807)
Utilities (4,326) (5,149)
Other property operating expenses (4,596) (4,196)
Cost of Real Estate Revenue 43,111 43,152
General and administrative expenses (8,586) (8,943)
Provision For Employee Separation Expenses (535) 0
Depreciation and amortization (33,735) (33,189)
Acquisition costs and other expenses (51) (4,451)
Operating Expenses 86,018 89,735
Interest expense, net (19,346) (20,145)
Asset Impairment Charges (606) (6,240)
Costs and Expenses 105,970 116,120
Loss before equity in income of partnerships, gains on sales of interests in non operating real estate and gains on sales of real estate (3,998) (16,063)
Equity in income of partnerships 3,883 2,083
Gain on sale of non operating real estate 9 43
Gains (Losses) on Sales of Investment Real Estate 2,035 0
Net income (loss) 1,929 (13,937)
Less: net (income) loss attributable to noncontrolling interest (208) 429
Net income (loss) attributable to PREIT 1,721 (13,508)
Less: preferred share dividends (3,962) (3,962)
Net loss attributable to PREIT common shareholders (2,241) (17,470)
Net income (loss) 1,929 (13,937)
Noncontrolling interest (208) 429
Dividends on unvested restricted shares (84) (86)
Income (Loss) from Continuing Operations Attributable to Parent $ (2,325) $ (17,556)
Basic and diluted loss per share: $ (0.03) $ (0.26)
Weighted average shares outstanding—basic 68,973 68,566
Weighted average shares outstanding—diluted 68,973 68,566