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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues from operations:      
Rental income $ 537,106 $ 490,799 $ 414,864
Fee and other income 15,247 42,065 45,469
Total revenue from operations 552,353 532,864 460,333
Rental operation expenses:      
Operating and maintenance 89,278 76,716 68,801
Real estate taxes 80,706 76,071 69,601
Impairment charges 2,536 7,270 5,200
General and administrative 46,564 55,052 52,881
Depreciation and amortization 203,546 185,768 170,669
Total rental operation expenses 422,630 400,877 367,152
Other income (expense):      
Interest income 0 0 11,888
Interest expense (77,692) (76,383) (77,604)
Other income (expense), net (2,540) (1,185) (18,400)
Total other income (expense) (80,232) (77,568) (84,116)
Income before earnings from equity method investments and other items 49,491 54,419 9,065
Equity in net income of joint ventures 27,892 47,297 1,516
Reserve of preferred equity interests, net 0 0 (19,393)
Gain on sale and change in control of interests, net 45,581 19,185 45,464
Gain on disposition of real estate, net 46,644 6,065 1,069
Income before tax expense 169,608 126,966 37,721
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (816) (1,550) (1,131)
Net income 168,792 125,416 36,590
Income attributable to non-controlling interests, net (73) (481) (869)
Net income attributable to SITE Centers 168,719 124,935 35,721
Write-off of preferred share original issuance costs 0 (5,156) 0
Preferred dividends (11,156) (13,656) (20,531)
Net income attributable to common shareholders $ 157,563 $ 106,123 $ 15,190
Per share data:      
Basic $ 0.74 $ 0.51 $ 0.08
Diluted $ 0.73 $ 0.51 $ 0.08