CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Real estate revenue:
Lease revenue		$ 73,744	$ 83,453	$ 150,358	$ 161,451
Expense reimbursements		4,916	5,395	9,978	10,629
Other real estate revenue		2,417	2,274	5,417	4,435
Total real estate revenue		81,077	91,122	165,753	176,515
Other income		315	851	942	1,740
Total revenue		81,392	91,973	166,695	178,255
Property operating expenses:
CAM and real estate taxes		(28,168)	(27,347)	(57,571)	(56,743)
Utilities		(3,681)	(3,804)	(7,341)	(7,713)
Other property operating expenses		(1,913)	(2,908)	(3,979)	(6,308)
Total property operating expenses		(33,762)	(34,059)	(68,891)	(70,764)
Depreciation and amortization		(31,946)	(33,356)	(66,849)	(67,386)
General and administrative expenses		(11,609)	(9,396)	(22,814)	(19,528)
Provision for employee separation expenses		(141)	(395)	(860)	(395)
Insurance recoveries, net		1,852	0	1,616	0
Project costs and other expenses		(130)	(139)	(187)	(251)
Total operating expenses		(75,736)	(77,345)	(157,985)	(158,324)
Interest expense, net		(15,554)	(15,982)	(31,452)	(30,883)
Loss on debt extinguishment		0	0	(4,768)	0
Impairment of assets			(34,286)	(1,464)	(34,286)
Total expenses		(91,290)	(127,613)	(195,669)	(223,493)
Loss before equity in income of partnerships, gain on sales of real estate by equity method investee, gain on sales of real estate, net, and adjustment to gain on sales of interests in non operating real estate		(9,898)	(35,640)	(28,974)	(45,238)
Equity in income of partnerships		2,316	2,571	4,605	5,709
Gain (adjustment to gain) on sales of real estate by equity method investee		(11)	0	553	2,773
Gain on sales of real estate, net		1,513	748	1,513	748
Adjustment to gain on sales of interests in non operating real estate		0	0	0	(25)
Net loss		(6,080)	(32,321)	(22,303)	(36,033)
Less: net loss attributable to noncontrolling interest		329	4,119	2,017	5,231
Net loss attributable to PREIT		(5,751)	(28,202)	(20,286)	(30,802)
Less: preferred share dividends		(6,844)	(6,844)	(13,688)	(13,688)
Net loss attributable to PREIT common shareholders		(12,595)	(35,046)	(33,974)	(44,490)
Net loss		(6,080)	(32,321)	(22,303)	(36,033)
Noncontrolling interest		329	4,119	2,017	5,231
Less: preferred share dividends		(6,844)	(6,844)	(13,688)	(13,688)
Dividends on unvested restricted shares		(224)	(138)	(441)	(276)
Net loss used to calculate loss per share—basic and diluted		$ (12,819)	$ (35,184)	$ (34,415)	$ (44,766)
Basic and diluted (loss) earnings per share (in dollars per share)		$ (0.17)	$ (0.50)	$ (0.47)	$ (0.64)
Weighted average shares outstanding—basic (in shares)		76,405	69,747	73,896	69,675
Effect of common share equivalents (in shares)	[1]	0	0	0	0
Weighted average shares outstanding—diluted (in shares)		76,405	69,747	73,896	69,675
Development Land Parcel
Property operating expenses:
Impairment of assets		$ 0	$ 0	$ (1,464)	$ 0

[1] The Company had net losses used to calculate earnings per share for all periods presented. Therefore, the effects of common share equivalents of 683 and 367 for the three months ended June 30, 2019 and 2018, respectively, and 595 and 340 for the six months ended June 30, 2019 and 2018, respectively, are excluded from the calculation of diluted loss per share for these periods because they would be antidilutive.