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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations

The following table sets forth the quarterly results of operations for the years ended December 31, 2019 and 2018 (in thousands, except per share amounts):

 

2019

 

 

2018

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

Revenues

$

131,022

 

 

$

128,657

 

 

$

122,525

 

 

$

125,784

 

 

$

215,068

 

 

$

211,516

 

 

$

144,095

 

 

$

136,576

 

 

Net income (loss) attributable

   to SITE Centers

 

35,790

 

 

 

17,277

 

 

 

23,630

 

 

 

24,002

 

 

 

(54,153

)

 

 

(3,329

)

 

 

(8,931

)

 

 

180,847

 

(A)

Net income (loss) attributable

    to common shareholders

 

27,407

 

 

 

8,894

 

 

 

15,248

 

 

 

9,743

 

 

 

(62,536

)

 

 

(11,712

)

 

 

(17,313

)

 

 

172,464

 

(A)

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per

   common share attributable

   to common shareholders

$

0.15

 

 

$

0.05

 

 

$

0.08

 

 

$

0.05

 

 

$

(0.34

)

 

$

(0.07

)

 

$

(0.09

)

 

$

0.94

 

 

Weighted-average number of

   shares

 

180,546

 

 

 

180,551

 

 

 

180,567

 

 

 

190,360

 

 

 

184,560

 

 

 

184,634

 

 

 

184,655

 

 

 

184,266

 

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per

   common share attributable

   to common shareholders

$

0.15

 

 

$

0.05

 

 

$

0.08

 

 

$

0.05

 

 

$

(0.34

)

 

$

(0.07

)

 

$

(0.09

)

 

$

0.93

 

 

Weighted-average number of

   shares

 

181,091

 

 

 

181,209

 

 

 

181,507

 

 

 

190,522

 

 

 

184,560

 

 

 

184,634

 

 

 

184,655

 

 

 

184,412

 

 

 

 

(A)

Includes gain on sale of $185.8 million for the three months ended December 31, 2018.