Summarized quarterly financial data is as follows (in thousands):



	First			Second			Third			Fourth
2018
Revenues	$	132,452	⁽¹⁾	$	142,086	⁽¹⁾	$	128,790	⁽¹⁾	$	127,819	⁽¹⁾
Net income	148,969		⁽²⁾⁽³⁾	79,871		^(1)(2)(4)	53,274		⁽²⁾⁽⁴⁾	63,229		⁽²⁾⁽⁴⁾
Net income attributable to common shareholders	146,824		⁽²⁾⁽³⁾	78,289		^(1)(2)(4)	42,981		^(2)(4)(5)	59,507		⁽²⁾⁽⁴⁾
Earnings per common share – basic	1.15		⁽²⁾⁽³⁾	.61		^(1)(2)(4)	.34		^(2)(4)(5)	.47		⁽²⁾⁽⁴⁾
Earnings per common share – diluted	1.13		⁽²⁾⁽³⁾	.61		^(1)(2)(4)	.34		^(2)(4)(5)	.46		⁽²⁾⁽⁴⁾
2017
Revenues	$	143,663		$	146,023		$	144,110		$	139,367
Net income	36,396		^(2)(4)(6)	69,193		⁽²⁾	74,473		⁽²⁾	170,653		⁽²⁾⁽⁶⁾
Net income attributable to common shareholders	30,826		^(2)(4)(5)(6)	63,852		⁽²⁾⁽⁵⁾	72,629		⁽²⁾	167,967		⁽²⁾⁽⁶⁾
Earnings per common share – basic	.24		^(2)(4)(5)(6)	.50		⁽²⁾⁽⁵⁾	.57		⁽²⁾	1.31		⁽²⁾⁽⁶⁾
Earnings per common share – diluted	.24		^(2)(4)(5)(6)	.49		⁽²⁾⁽⁵⁾	.56		⁽²⁾	1.30		⁽²⁾⁽⁶⁾

___________________

(1)

The quarter results include revenues associated with dispositions, which totaled $11.9 million, $8.3 million, $7.0 million and $4.1 million for the three months ended March 31, 2018, June 30, 2018, September 30, 2018 and December 31, 2018, respectively. Additionally, a $10.0 million write-off of a below-market lease intangible from the termination of a tenant's lease increased revenues for the three months ended June 30, 2018.

(2)

The quarter results include significant gains on the sale of property, including gains in equity in earnings from real estate joint ventures and partnerships, net. Gain amounts are: $111.4 million, $48.2 million, $19.8 million and $34.8 million for the three months ended March 31, 2018, June 30, 2018, September 30, 2018 and December 31, 2018, respectively, and $15.8 million, $34.2 million, $38.6 million and $136.3 million for the three months ended March 31, 2017, June 30, 2017, September 30, 2017 and December 31, 2017, respectively.


(3)	The quarter results include a gain on extinguishment of debt including related swap activity totaling $3.8 million for the three months ended March 31, 2018.

(4)

The quarter results include a $13.1 million write-off of an in-place lease intangible for the three months ended June 30, 2018 and a $3.1 million lease termination fee for the three months ended March 31, 2017. Additionally, the quarter results include $2.4 million and $7.7 million of impairment losses for the three months ended September 30, 2018 and December 31, 2018, respectively, and $15.0 million of impairment losses for the three months ended March 31, 2017.


(5)	Associated primarily with the gains discussed in (2) above, amounts in net income attributable to noncontrolling interests are: $.5 million, $8.6 million and $1.9 million for the three months ended March 31, 2018, September 30, 2018 and December 31, 2018, respectively, and $3.9 million and $3.6 million for the three months ended March 31, 2017 and June 30, 2017, respectively.


(6)	Deferred tax (benefit) amounts at our taxable REIT subsidiary include $(3.3) million and $1.5 million for the three months ended March 31, 2017 and December 31, 2017, respectively. These tax amounts result from gains associated with the disposition of centers and land. Additionally, a change in the statutory rate was recognized as a result of the enactment of the Tax Act on December 22, 2017.