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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues from operations:    
Rental income $ 112,529 $ 112,221
Fee and other income 16,781 18,801
Total revenue from operations 129,310 131,022
Rental operation expenses:    
Operating and maintenance 18,480 18,841
Real estate taxes 17,657 17,743
Impairment charges 0 620
General and administrative 11,376 14,112
Depreciation and amortization 42,993 42,608
Total rental operation expenses 90,506 93,924
Other income (expense):    
Interest income 3,485 4,521
Interest expense (20,587) (21,726)
Other (expense) income, net (17,409) 153
Total other income (expense) (34,511) (17,052)
Income before earnings from equity method investments and other items 4,293 20,046
Equity in net income of joint ventures 2,171 1,043
Reserve of preferred equity interests, net (18,057) (1,099)
Gain on sale of joint venture interest 45,681 0
Gain on disposition of real estate, net 773 16,377
Income before tax expense 34,861 36,367
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (233) (272)
Net income 34,628 36,095
Income attributable to non-controlling interests, net (295) (305)
Net income attributable to SITE Centers 34,333 35,790
Preferred dividends (5,133) (8,383)
Net income attributable to common shareholders $ 29,200 $ 27,407
Per share data:    
Basic $ 0.15 $ 0.15
Diluted $ 0.15 $ 0.15