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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues from operations:    
Rental income $ 119,890 $ 112,529
Fee and other income 8,249 16,781
Total revenue from operations 128,139 129,310
Rental operation expenses:    
Operating and maintenance 20,216 18,480
Real estate taxes 19,664 17,657
Impairment charges 7,270 0
General and administrative 17,395 11,376
Depreciation and amortization 45,560 42,993
Total rental operation expenses 110,105 90,506
Other income (expense):    
Interest expense (19,395) (20,587)
Other expense, net (366) (13,924)
Total other income (expense) (19,761) (34,511)
(Loss) income before earnings from equity method investments and other items (1,727) 4,293
Equity in net income of joint ventures 4,385 2,171
Reserve of preferred equity interests, net 0 (18,057)
Gain on sale of joint venture interest 13,908 45,681
(Loss) gain on disposition of real estate, net (20) 773
Income before tax expense 16,546 34,861
Tax expense of taxable REIT subsidiaries and state franchise and income taxes (365) (233)
Net income 16,181 34,628
Income attributable to non-controlling interests, net (173) (295)
Net income attributable to SITE Centers 16,008 34,333
Preferred dividends (5,133) (5,133)
Net income attributable to common shareholders $ 10,875 $ 29,200
Per share data:    
Basic $ 0.05 $ 0.15
Diluted $ 0.05 $ 0.15