Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summary of Information about Company's Reportable Operating Segments

The tables below present information about the Company’s reportable operating segments (in thousands):

	For the Year Ended December 31, 2019
	Shopping Centers			Loan Investments			Other			Total
Rental income	$	443,421		$	—					$	443,421
Other income		63,632			50						63,682
Business interruption income		885			—						885
Total revenues		507,938			50						507,988
Rental operation expenses		(139,653	)		(10	)					(139,663	)
Net operating income		368,285			40						368,325
Impairment charges		(3,370	)								(3,370	)
Depreciation and amortization		(165,087	)								(165,087	)
Interest income					18,009						18,009
Other income, net							$	357			357
Unallocated expenses(A)								(143,105	)		(143,105	)
Equity in net income of joint ventures		11,519									11,519
Reserve of preferred equity interests, net					(15,544	)					(15,544	)
Gain on disposition of real estate, net		31,380									31,380
Income before tax expense										$	102,484
As of December 31, 2019:
Total gross real estate assets	$	4,709,812								$	4,709,812
Notes receivable, net(B)				$	120,130		$	(112,589	)	$	7,541

	For the Year Ended December 31, 2018
	Shopping Centers			Loan Investments			Other			Total
Rental income	$	650,594		$	—		$	—		$	650,594
Other income		49,720			57			—			49,777
Business interruption income		5,100			—			1,784			6,884
Total revenues		705,414			57			1,784			707,255
Rental operation expenses		(207,991	)		(1	)		—			(207,992	)
Net operating income		497,423			56			1,784			499,263
Impairment charges		(69,324	)								(69,324	)
Hurricane property (loss) credit, net		(974	)				157				(817	)
Depreciation and amortization		(242,102	)								(242,102	)
Interest income					20,437						20,437
Other expense, net								(110,895	)		(110,895	)
Unallocated expenses(A)								(202,944	)		(202,944	)
Equity in net income of joint ventures		9,365									9,365
Reserve of preferred equity interests					(11,422	)					(11,422	)
Gain on disposition of real estate, net		225,406									225,406
Income before tax expense										$	116,967
As of December 31, 2018:
Total gross real estate assets	$	4,627,866								$	4,627,866
Notes receivable, net(B)				$	209,566		$	(189,891	)	$	19,675

	For the Year Ended December 31, 2017
	Shopping Centers			Loan Investments			Other			Total
Rental income	$	875,890		$	—					$	875,890
Other income		37,141			57						37,198
Business interruption income		8,500			—						8,500
Total revenues		921,531			57						921,588
Rental operation expenses		(263,732	)		(11	)					(263,743	)
Net operating income		657,799			46						657,845
Impairment charges		(340,480	)								(340,480	)
Hurricane property and impairment loss		(5,930	)								(5,930	)
Depreciation and amortization		(346,204	)								(346,204	)
Interest income					28,364						28,364
Other expense, net							$	(68,003	)		(68,003	)
Unallocated expenses(A)								(265,675	)		(265,675	)
Equity in net income of joint ventures		8,837									8,837
Reserve of preferred equity interests					(61,000	)					(61,000	)
Gain on sale and change in control of interests, net		368									368
Gain on disposition of real estate, net		161,164									161,164
Loss before tax expense										$	(230,714	)
As of December 31, 2017:
Total gross real estate assets	$	8,248,003								$	8,248,003
Notes receivable, net(B)				$	297,451		$	(277,776	)	$	19,675

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

(B) Amount includes BRE DDR Joint Venture preferred investment interests (Note 3) classified in Investments in and Advances to Joint Ventures on the Company’s consolidated balance sheets.