CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Real estate revenue:
Lease revenue		$ 59,908	$ 67,721
Expense reimbursements		3,899	4,305
Other real estate revenue		1,471	1,924
Total real estate revenue		65,278	73,950
Other income		125	293
Total revenue		65,403	74,243
Property operating expenses:
CAM and real estate taxes		(27,831)	(27,517)
Utilities		(2,964)	(2,922)
Other property operating expenses		(2,364)	(2,098)
Total property operating expenses		(33,159)	(32,537)
Depreciation and amortization		(29,839)	(30,269)
General and administrative expenses		(11,831)	(10,695)
Provision for employee separation expenses		(92)	(73)
Project costs and other expenses		(101)	(95)
Total operating expenses		(75,022)	(73,669)
Interest expense, net		(30,731)	(16,858)
Reorganization expenses		(197)	0
Total expenses		(105,950)	(90,527)
Loss before equity in (loss) income of partnerships, gain on sales of real estate, net, and loss on sales of interests in non operating real estate		(40,547)	(16,284)
Equity in (loss) income of partnerships		(3,433)	819
Gain on sales of real estate, net		0	1,962
Loss on sales of interests in non operating real estate		0	(46)
Net loss		(43,980)	(13,549)
Less: net loss attributable to noncontrolling interest		1,234	516
Net loss attributable to PREIT		(42,746)	(13,033)
Less: preferred share dividends		(6,844)	(6,844)
Net loss attributable to PREIT common shareholders		(49,590)	(19,877)
Net loss		(43,980)	(13,549)
Noncontrolling interest		1,234	516
Dividends on unvested restricted shares		0	(350)
Net loss used to calculate loss per share—basic and diluted		$ (49,590)	$ (20,227)
Basic and diluted loss per share:		$ (0.64)	$ (0.26)
Weighted average shares outstanding basic (in shares)		77,647	76,774
Effect of common share equivalents (in shares)	[1]	0	0
Weighted average shares outstanding diluted (in shares)		77,647	76,774

[1] The Company had net losses used to calculate earnings per share for the three months ended March 31, 2021 and 2020. Therefore, the effects of common share equivalents are excluded from the calculation of diluted loss per share for these periods because they would be antidilutive.