Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Summary of Information about Company's Reportable Operating Segments

In the fourth quarter of 2020, the Company transferred and redeemed its loan investments (preferred equity interests) in the BRE DDR Joint Ventures in exchange for the acquisition of certain of the underlying assets of the two joint ventures. As such, beginning on January 1, 2021, the Company has one reportable operating segment. The table below presents information about the Company’s reportable operating segments in 2020 (in thousands):

	For the Year Ended December 31, 2020
	Shopping Centers			Loan Investments			Other			Total
Rental income	$	414,864		$	—					$	414,864
Other income		45,456			13						45,469
Total revenues		460,320			13						460,333
Rental operation expenses		(138,402	)		—						(138,402	)
Net operating income		321,918			13						321,931
Impairment charges		(5,200	)								(5,200	)
Depreciation and amortization		(170,669	)								(170,669	)
Interest income					11,888						11,888
Other expense, net							$	(18,400	)		(18,400	)
Unallocated expenses(A)								(130,485	)		(130,485	)
Equity in net income of joint ventures		1,516									1,516
Reserve of preferred equity interests, net					(19,393	)					(19,393	)
Gain on sale and change in control of interests, net		45,464									45,464
Gain on disposition of real estate, net		1,069									1,069
Income before tax expense										$	37,721
As of December 31, 2020:
Total gross real estate assets	$	4,989,388								$	4,989,388

Unallocated expenses consist of General and Administrative Expenses and Interest Expense as listed in the Company’s consolidated statements of operations.