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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues from operations:        
Rental income $ 98,079 $ 112,274 $ 210,608 $ 224,495
Fee and other income 9,492 16,383 26,273 35,184
Total revenue from operations 107,571 128,657 236,881 259,679
Rental operation expenses:        
Operating and maintenance 16,519 18,743 34,999 37,584
Real estate taxes 17,348 17,798 35,005 35,541
Impairment charges     0 620
General and administrative 13,502 14,932 24,878 29,044
Depreciation and amortization 40,873 40,060 83,866 82,668
Total rental operation expenses 88,242 91,533 178,748 185,457
Other income (expense):        
Interest income 3,550 4,521 7,035 9,042
Interest expense (19,811) (21,087) (40,398) (42,813)
Other (expense) income, net (612) (85) (18,021) 68
Total other income (expense) (16,873) (16,651) (51,384) (33,703)
Income before earnings from equity method investments and other items 2,456 20,473 6,749 40,519
Equity in net (loss) income of joint ventures (1,513) 1,791 658 2,834
Reserve of preferred equity interests, net (4,878) (4,634) (22,935) (5,733)
(Loss) gain on sale of joint venture interest (128) 0 45,553 0
Gain on disposition of real estate, net 2 213 775 16,590
(Loss) income before tax expense (4,061) 17,843 30,800 54,210
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (342) (306) (575) (578)
Net (loss) income (4,403) 17,537 30,225 53,632
Income attributable to non-controlling interests, net (210) (260) (505) (565)
Net (loss) income attributable to SITE Centers (4,613) 17,277 29,720 53,067
Preferred dividends (5,133) (8,383) (10,266) (16,766)
Net (loss) income attributable to common shareholders $ (9,746) $ 8,894 $ 19,454 $ 36,301
Per share data:        
Basic $ (0.05) $ 0.05 $ 0.10 $ 0.20
Diluted $ (0.05) $ 0.05 $ 0.10 $ 0.20