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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues from operations:        
Minimum rents $ 180,523 $ 171,893 $ 540,583 $ 507,475
Percentage and overage rents 835 507 3,592 2,772
Recoveries from tenants 61,915 58,116 188,016 171,947
Fee and other income 13,862 14,839 41,092 46,713
Total revenue from operations 257,135 245,355 773,283 728,907
Rental operation expenses:        
Operating and maintenance 35,963 36,404 110,718 106,982
Real estate taxes 37,385 34,981 112,811 104,042
Impairment charges 0 1,448 279,021 18,119
General and administrative 17,596 19,540 55,462 58,878
Depreciation and amortization 97,155 97,270 299,470 296,093
Total rental operation expenses 188,099 189,643 857,482 584,114
Other income (expense):        
Interest income 7,331 2,652 21,703 8,938
Interest expense (58,217) (56,774) (182,524) (176,106)
Other income (expense), net (240) (2,758) (1,300) (11,041)
Total other income (expense) (51,126) (56,880) (162,121) (178,209)
Income (loss) before earnings from equity method investments and other items 17,910 (1,168) (246,320) (33,416)
Equity in net income of joint ventures 648 3,620 2,351 10,241
Impairment of joint venture investments 0 0 0 (9,100)
Gain on sale and change in control of interests, net 0 3,984 7,772 87,814
Income (loss) before tax (expense) benefit of taxable REIT subsidiaries and state franchise and income taxes 18,558 6,436 (236,197) 55,539
Tax (expense) benefit of taxable REIT subsidiaries and state franchise and income taxes (528) 214 (6,001) (1,113)
Income (loss) from continuing operations 18,030 6,650 (242,198) 54,426
Income from discontinued operations 0 57,569 0 67,926
Income (loss) before gain on disposition of real estate 18,030 64,219 (242,198) 122,352
Gain on disposition of real estate, net of tax 41,793 2,262 78,154 2,645
Net income (loss) 59,823 66,481 (164,044) 124,997
(Income) loss attributable to non-controlling interests, net (268) 2,125 (1,590) 2,985
Net income (loss) attributable to DDR 59,555 68,606 (165,634) 127,982
Write-off of preferred share original issuance costs 0 0 0 (1,943)
Preferred dividends (5,594) (5,594) (16,781) (18,460)
Net income (loss) attributable to common shareholders $ 53,961 $ 63,012 $ (182,415) $ 107,579
Basic earnings per share data:        
Income (loss) from continuing operations attributable to common shareholders $ 0.15 $ 0.01 $ (0.51) $ 0.10
Income from discontinued operations attributable to common shareholders 0 0.16 0 0.20
Net income (loss) attributable to common shareholders 0.15 0.17 (0.51) 0.30
Diluted earnings per share data:        
Income (loss) from continuing operations attributable to common shareholders 0.15 0.01 (0.51) 0.10
Income from discontinued operations attributable to common shareholders 0 0.16 0 0.20
Net income (loss) attributable to common shareholders $ 0.15 $ 0.17 $ (0.51) $ 0.30