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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 109 298
Real estate revenue:    
Base rent $ 57,435 $ 66,993
Expense reimbursements 28,097 31,134
Percentage rent 304 451
Lease termination revenue 481 235
Other real estate revenue 2,107 2,643
Total real estate revenue 88,424 101,456
Other Nonoperating Income 840 516
Total revenue 89,264 101,972
Property operating expenses:    
CAM and real estate taxes (29,952) (34,189)
Utilities (3,823) (4,326)
Other property operating expenses (3,205) (4,596)
Cost of Real Estate Revenue 36,980 43,111
General and administrative expenses (9,041) (8,586)
Provision For Employee Separation Expenses 0 (535)
Depreciation and amortization (31,758) (33,735)
Project costs and other expenses (312) (51)
Operating Expenses 78,091 86,018
Interest expense, net (15,338) (19,346)
Asset Impairment Charges 0 (606)
Costs and Expenses 93,429 105,970
Loss before equity in income of partnerships, gains on sales of interests in non operating real estate and gains on sales of real estate (4,165) (3,998)
Equity in income of partnerships 3,736 3,883
Gain on sale of non operating real estate 0 9
Gains (Losses) on Sales of Investment Real Estate (57) 2,035
Net (loss) income (486) 1,929
Less: net loss (income) attributable to noncontrolling interest 52 (208)
Net (loss attributable) income available to PREIT (434) 1,721
Less: preferred share dividends (6,205) (3,962)
Net (loss attributable) income available to PREIT common shareholders (6,639) (2,241)
Net (loss) income (486) 1,929
Noncontrolling interest 52 (208)
Dividends on unvested restricted shares (97) (84)
Income (Loss) from Continuing Operations Attributable to Parent $ (6,736) $ (2,325)
Basic and diluted loss per share: $ (0.10) $ (0.03)
Weighted average shares outstanding—basic 69,218 68,973
Effect Of Common Share Equivalents 0 0
Weighted average shares outstanding—diluted 69,218 68,973