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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues from operations:      
Rental income $ 414,864 $ 443,421 $ 650,594
Fee and other income 45,469 63,682 49,777
Business interruption income 0 885 6,884
Total revenue from operations 460,333 507,988 707,255
Rental operation expenses:      
Operating and maintenance 68,801 71,355 104,232
Real estate taxes 69,601 68,308 103,760
Impairment charges 5,200 3,370 69,324
Hurricane property and impairment loss, net 0 0 817
General and administrative 52,881 58,384 61,639
Depreciation and amortization 170,669 165,087 242,102
Total rental operation expenses 367,152 366,504 581,874
Other income (expense):      
Interest income 11,888 18,009 20,437
Interest expense (77,604) (84,721) (141,305)
Other (expense) income, net (18,400) 357 (110,895)
Total other income (expense) (84,116) (66,355) (231,763)
Income (loss) before earnings from equity method investments and other items 9,065 75,129 (106,382)
Equity in net income of joint ventures 1,516 11,519 9,365
Reserve of preferred equity interests, net (19,393) (15,544) (11,422)
Gain on sale and change in control of interests, net 45,464 0 0
Gain on disposition of real estate, net 1,069 31,380 225,406
Income before tax expense 37,721 102,484 116,967
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (1,131) (659) (862)
Net income 36,590 101,825 116,105
Income attributable to non-controlling interests, net (869) (1,126) (1,671)
Net income attributable to SITE Centers 35,721 100,699 114,434
Write-off of preferred share original issuance costs 0 (7,176) 0
Preferred dividends (20,531) (32,231) (33,531)
Net income attributable to common shareholders $ 15,190 $ 61,292 $ 80,903
Per share data:      
Basic $ 0.08 $ 0.33 $ 0.43
Diluted $ 0.08 $ 0.33 $ 0.43