CBL & ASSOCIATES PROPERTIES, INC CBL Income Statement

Cbl & associates properties, inc (CBL)

Income statement / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
REVENUES:
Rental revenues
-	-	185,393	190,980	-	200,311	207,568	212,729	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental revenues
-	180,616	-	-	-	200,311	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Leases, Income Statement, Minimum Lease Revenue
-	-	-	-	-	-	-	-	-	150,836	157,609	159,750	-	164,444	167,216	170,629	-	170,422	166,428	169,081	-	169,097	167,631	169,277	-	167,703	165,512	-	-	-	-	-	154,915	172,973	168,288	170,914	-	167,742	166,704	-	-	-
Minimum Rents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165,732	168,577	170,491
Percentage rents
-	-	-	-	-	-	-	-	-	3,000	1,738	2,389	-	3,225	2,692	4,673	-	3,869	2,412	4,137	-	3,060	1,824	3,606	-	2,797	2,335	-	-	-	-	-	8,346	3,001	2,062	3,740	8,687	2,602	2,138	3,940	2,849	1,604
Other rents
-	-	-	-	-	-	-	-	-	3,790	3,729	3,652	-	3,866	4,819	5,062	-	4,156	4,421	5,171	-	3,813	4,613	5,282	-	3,837	4,521	-	-	-	-	-	8,662	4,175	4,582	5,008	9,214	4,236	4,546	4,539	3,377	4,142
Tenant reimbursements
-	-	-	-	-	-	-	-	-	63,055	-	67,291	-	69,489	70,096	73,366	-	72,461	70,224	72,133	-	71,330	70,774	72,218	-	70,576	70,666	-	-	-	-	-	70,882	76,796	77,022	76,810	73,719	77,370	75,430	78,576	78,463	81,695
Management, development and leasing fees
-	-	5,865	5,540	-	-	5,739	6,359	-	2,718	-	3,452	-	4,177	4,067	2,581	-	2,754	2,663	2,778	-	3,228	2,813	3,135	-	3,118	2,850	-	-	-	-	-	2,121	1,909	1,568	1,337	1,740	1,369	1,601	1,706	1,312	1,615
Other
-	4,419	5,398	4,527	-	3,909	4,387	4,750	-	1,251	-	1,479	-	6,520	6,075	6,767	-	8,974	7,695	7,609	-	8,186	9,278	7,725	-	9,518	9,701	-	-	-	-	-	8,485	8,409	8,597	9,360	7,427	7,351	7,234	7,237	7,881	6,977
Total revenues
-	187,251	193,377	198,030	-	206,878	214,598	220,200	-	224,650	229,233	238,013	258,493	251,721	254,965	263,078	277,630	262,636	253,843	260,909	283,849	258,714	256,933	261,243	282,009	257,549	255,585	258,482	270,248	249,185	244,516	238,894	253,411	267,263	262,119	267,169	263,765	260,670	257,653	261,730	262,459	266,524
OPERATING EXPENSES:
Property operating
-	27,344	26,532	28,980	-	30,004	29,527	32,826	-	31,295	30,041	34,914	-	35,116	31,060	38,628	-	35,859	32,866	38,904	-	36,668	35,527	40,011	-	38,375	33,663	-	-	-	-	-	33,971	38,601	35,984	40,159	32,200	37,393	36,472	37,720	40,203	39,355
Depreciation and amortization
-	64,168	64,478	69,792	-	71,945	73,566	71,750	-	71,732	82,509	71,220	72,188	71,794	72,205	76,506	77,519	74,045	71,239	76,266	79,093	72,488	70,609	69,083	-	68,941	68,117	-	-	-	-	-	60,570	70,720	71,839	67,699	68,901	71,814	68,772	70,449	71,161	75,793
Real estate taxes
-	18,699	19,148	19,919	-	19,433	20,456	21,848	-	21,573	18,687	22,083	-	22,492	22,834	23,028	-	23,579	22,549	22,785	-	22,202	22,089	21,347	-	22,607	21,389	-	-	-	-	-	18,630	23,506	25,124	24,326	20,854	24,676	24,502	24,618	25,785	24,449
Maintenance and repairs
-	10,253	11,298	12,776	-	11,475	12,059	13,179	-	11,254	11,716	13,352	-	13,236	11,790	14,548	-	12,480	12,407	14,216	-	12,603	12,623	16,165	-	13,387	13,229	-	-	-	-	-	11,588	13,661	14,044	16,008	13,077	12,826	13,191	15,442	13,116	13,416
General and administrative
-	12,467	14,427	22,007	-	16,051	13,490	18,304	-	13,568	15,752	16,082	16,467	13,222	16,475	17,168	15,678	12,995	16,215	17,230	14,688	9,474	11,336	14,773	-	10,160	12,876	-	-	-	-	-	11,617	10,092	11,241	11,800	11,493	10,495	10,321	11,074	8,808	10,893
Loss on impairment
-	135,688	41,608	24,825	-	14,600	51,983	18,061	-	24,935	43,203	3,263	86	53,558	43,493	19,685	102,280	884	2,781	0	105	497	106	17,150	-	0	21,038	-	-	-	-	-	-	51,304	-	-	-	0	0	-	0	0
Litigation settlement
-	22,688	0	-88,150	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	7	34	0	-	38	245	94	-	132	5,019	0	13	5,576	5,052	9,685	5,766	8,787	5,928	6,476	10,966	7,396	7,390	6,545	-	6,371	8,191	-	-	-	-	-	6,103	7,446	7,046	8,303	6,056	6,351	6,415	6,701	7,714	5,914
Total operating expenses
-	245,938	177,525	266,449	-	163,546	201,326	176,062	-	174,489	206,927	160,914	-	214,994	202,909	199,248	-	168,629	163,985	175,877	-	161,328	159,680	185,074	-	159,841	178,503	-	-	-	-	-	142,479	215,330	165,278	168,295	153,737	163,555	159,673	166,004	166,787	169,820
OTHER INCOME (EXPENSES):
Income from operations
-	-	-	-	-	-	-	-	-	50,161	22,306	77,099	-	36,727	52,056	63,830	8,687	94,007	89,858	85,032	104,335	97,386	97,253	76,169	62,368	97,708	77,082	93,607	-	94,409	92,232	89,271	110,932	51,933	96,841	98,874	110,028	97,115	97,980	95,726	95,672	96,704
Interest and other income
-	1,367	356	489	-	283	218	213	-	-200	31	1,404	-	451	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	251	360	225	579	389	5,274	10,586	463	1,544	1,528	-	8,809	661	-	-	-	-	-	830	595	612	545	1,037	832	948	1,051	1,246	1,362
Interest expense
-	50,515	52,482	53,998	-	55,194	54,203	53,767	-	53,913	55,065	56,201	53,608	54,292	53,187	55,231	54,981	56,451	58,754	59,157	59,827	60,214	59,277	60,506	-	56,341	57,209	-	-	-	-	-	57,812	70,133	70,914	68,213	65,050	71,178	72,494	72,380	71,120	72,842
Gain on extinguishment of debt
-	0	0	71,722	-	0	0	0	-	6,452	20,420	4,055	-	-6	0	6	0	0	256	0	26,951	18,282	0	42,660	-	0	-9,108	-	-	-	-	-	448	0	0	581	0	0	0	0	-	-
Other consolidated subsidiaries/Net income attributable to noncontrolling interests
-	763	-57	-75	-	24	-494	101	-	415	24,138	713	-	983	1,695	-3,127	-	2,198	1,490	869	-	1,362	1,547	831	-	5,778	6,479	-	-	-	-	-	6,509	6,166	6,404	6,138	6,607	6,133	6,124	6,137	6,497	6,580
Net income (loss) attributable to the Company/Operating Partnership
-	-78,893	-24,177	-38,976	-	-1,367	-23,797	903	-	8,965	41,396	34,115	-	1,059	62,919	40,074	-22,257	37,569	41,895	46,164	76,556	49,342	37,958	55,294	8,843	34,324	11,724	30,313	-	8,074	29,391	26,049	82,967	-16,726	20,376	47,319	26,140	17,939	1,116	16,956	16,589	13,591
Net income (loss) attributable to common shareholders/unitholders
-	-90,116	-35,400	-50,199	-	-12,590	-35,020	-10,320	-	-2,258	30,173	22,892	-	-10,164	51,696	28,851	-33,480	26,346	30,672	34,941	65,333	38,119	26,735	44,071	-2,380	23,101	501	19,090	-	-2,520	18,797	15,455	72,373	-27,320	9,782	36,725	16,266	9,580	-7,242	10,928	11,134	8,137
Gain on sales of real estate assets
-	8,056	5,527	228	-	7,880	3,747	4,371	-	1,383	79,533	5,988	15,064	4,926	9,577	0	14,065	3,237	14,173	757	1,829	434	1,925	1,154	-	58	457	-	-	-	-	-	55,794	2,890	-97	809	310	562	1,149	866	1,535	72
Total other expenses
-	-33,347	-45,540	21,610	-	-46,303	-43,248	-44,799	-	7,916	-8,906	32,530	-	-4,256	63,520	41,892	-	41,195	34,158	52,448	-	56,770	-	63,138	-	52,175	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on investments/deconsolidation
-	11,174	0	-	-	0	387	-	-	-354	-5,843	-	-	0	0	-	0	0	0	16,560	-	0	0	0	-	0	2,400	-	-	-	-	-	-	-	-	-	-	-	-	-	1,143	0
Income tax benefit (provision)
-	1,670	813	139	-	1,034	-2,235	-645	-	-1,064	-2,920	-800	911	-2,386	-51	-537	937	448	2,472	-916	233	3,083	786	397	-	271	757	-	-	-	-	-	1,501	4,653	-4,653	-1,770	-1,365	-1,264	-1,911	-1,877	-1,358	152
Equity in earnings of unconsolidated affiliates
-	-1,759	1,872	3,308	-	1,762	4,368	3,739	-	4,706	6,325	5,373	10,316	10,478	64,349	32,390	5,988	3,508	4,881	3,823	3,765	3,936	3,418	3,684	-	2,270	2,729	-	-	-	-	-	1,916	989	1,455	1,778	422	-1,558	409	539	271	62
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87,406	57,204	44,077	64,292	8,983	52,233	16,255	37,845	82,441	36,166	34,674	32,768	110,607	-18,379	32,550	36,144	49,000	27,037	29,903	27,679	27,819	25,206
Operating loss of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	-59	-440	-	-6,864	1,893	-	-	-	-	-	-611	90	-3,156	27,750	-10,577	611	-25,386	-476	15	86
Operating income (loss) of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	-	-499	-	-8,346	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-769	-2	107	-17	-	290	91	-	-	-	-	-	-122	-31	138	14	350	29	0	0	10	-12
Net income
-	-92,034	-29,688	-46,809	-	-2,971	-29,976	-661	-	9,299	70,627	38,518	79,872	670	73,097	41,892	-26,953	44,432	48,331	53,205	87,852	57,280	44,125	63,776	8,069	44,177	18,239	39,885	-	12,492	39,393	36,551	109,874	-18,320	29,532	63,908	38,773	27,677	4,517	27,203	27,844	25,280
Net (income) loss attributable to noncontrolling interests in:
Operating Partnership
-	-13,904	-5,454	-7,758	-	-1,628	-5,685	-1,665	-	-81	5,093	3,690	-	-1,372	8,483	4,945	-	4,665	4,946	6,172	-	6,576	4,620	7,651	-	4,075	36	-	-	-	-	-	20,398	-7,760	2,752	10,451	6,026	3,605	-2,723	4,110	4,758	5,109
Preferred dividends declared
-	11,223	11,223	11,223	-	11,223	11,223	11,223	-	11,223	11,223	11,223	-	11,223	11,223	11,223	-	11,223	11,223	11,223	-	11,223	11,223	11,223	-	11,223	11,223	-	-	-	-	-	10,594	10,594	10,594	10,594	9,874	8,359	8,358	6,028	5,455	5,454
Income from continuing operations, net of preferred dividends (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.22	-	0.26	-0.01	-	-	0.11	-	0.11	0.10	0.08	0.49	-0.18	0.08	0.10	0.17	0.07	0.08	0.08	0.08	0.10
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	0.00	-	-	-	-	-	-	-	-	-0.01	0.00	-0.01	0.15	-0.06	0.00	-0.13	0.00	0.00	0.00
Earnings Per Share, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.15	-	0.21	-	0.22	-	0.26	-0.01	-	-	0.12	-	-0.02	0.12	0.10	0.48	-0.18	0.07	0.25	0.11	0.07	-0.05	0.08	0.08	0.10
Weighted Average Number of Shares Outstanding, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170,494	-	170,420	-	170,262	-	170,196	-	-	-	-	-	-	-	-	148,368	148,363	148,356	148,069	277,219	138,075	138,068	137	137	82
Income from continuing operations, net of preferred dividends/distributions (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38	0.22	0.16	0.26	-0.01	0.18	-0.01	0.11	-	0.11	0.10	0.08	0.49	-0.18	0.08	0.10	0.17	0.07	0.08	0.08	0.08	0.10
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-	-0.04	0.01	-	-	-	-	-	-0.01	0.00	-0.01	0.15	-0.06	0.00	-0.13	0.00	0.00	0.00
Income (loss) from continuing operations, net of preferred dividends/distributions (USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.19	0.15	0.18	0.20	0.38	0.22	0.16	0.26	-0.01	0.14	0.00	0.12	-	-0.02	0.12	0.10	0.48	-0.18	0.07	0.25	0.11	0.07	-0.05	0.08	0.08	0.10
Weighted Average Number of Shares Outstanding, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170,494	170,494	170,510	-	170,262	170,267	170,196	-	169,906	166,607	-	-	-	-	-	148,410	148,405	148,398	148,123	277,292	138,121	138,112	138	137	82
Income from continuing operations, net of preferred distributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,054	-	44,511	-	29,965	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations, net of preferred dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,694	-	-	-	-1,184	-	-	-	-	-	72,925	-27,366	12,134	15,112	23,757	9,115	11,203	11,274	11,116	8,092
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	-	-	-	1,685	-	-	-	-	-	-552	46	-2,352	21,613	-7,491	465	-18,445	-346	18	45
Net income (loss) attributable to common shareholders/unitholders
-	-90,116	-35,400	-50,199	-	-12,590	-35,020	-10,320	-	-2,258	30,173	22,892	-	-10,164	51,696	28,851	-33,480	26,346	30,672	34,941	65,333	38,119	26,735	44,071	-2,380	23,101	501	19,090	-	-2,520	18,797	15,455	72,373	-27,320	9,782	36,725	16,266	9,580	-7,242	10,928	11,134	8,137
Basic and diluted per share data attributable to common shareholders:
Net income attributable to common shareholders/unitholders
-	-0.52	-0.20	-0.29	-	-0.07	-0.20	-0.06	-	-0.01	0.18	0.13	-	-0.06	0.30	0.17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common and potential dilutive common shares/units outstanding
-	173,471	173,473	173,252	-	172,665	172,662	171,943	-	171,096	171,095	170,989	-	170,792	170,792	170,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share/unit (USD per share)
-	-	-	-	-	-	-	-	-	0.26	0.26	0.26	-	0.26	0.26	0.26	-	0.26	0.26	0.26	-	0.24	0.24	0.24	-	0.23	0.23	-	-	-	-	-	-	0.21	0.21	0.21	-	0.20	0.20	0.20	0.05	0.11
CBL & Associates Limited Partnership
Rental revenues
-	-	185,393	190,980	-	200,311	207,568	212,729	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental revenues
-	180,616	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	4,419	5,398	4,527	-	3,909	4,387	4,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	187,251	193,377	198,030	-	206,878	214,598	220,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property operating
-	27,344	26,532	28,980	-	30,004	29,527	32,826	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	64,168	64,478	69,792	-	71,945	73,566	71,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate taxes
-	18,699	19,148	19,919	-	19,433	20,456	21,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maintenance and repairs
-	10,253	11,298	12,776	-	11,475	12,059	13,179	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
-	12,467	14,427	22,007	-	16,051	13,490	18,304	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairment
-	135,688	41,608	24,825	-	14,600	51,983	18,061	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
-	22,688	0	-88,150	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	7	34	0	-	38	245	94	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
-	245,938	177,525	266,449	-	163,546	201,326	176,062	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
-	1,367	356	489	-	283	218	213	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
-	50,515	52,482	53,998	-	55,194	54,203	53,767	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on extinguishment of debt
-	0	0	71,722	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other consolidated subsidiaries/Net income attributable to noncontrolling interests
-	763	-57	-75	-	24	-494	101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to the Company/Operating Partnership
-	-92,797	-29,631	-46,734	-	-2,995	-29,482	-762	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common shareholders/unitholders
-	-104,020	-40,854	-57,957	-	-14,218	-40,705	-11,985	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of real estate assets
-	8,056	5,527	228	-	7,880	3,747	4,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expenses
-	-33,347	-45,540	21,610	-	-46,303	-43,248	-44,799	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on investments/deconsolidation
-	11,174	0	-	-	0	387	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefit (provision)
-	1,670	813	139	-	1,034	-2,235	-645	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of unconsolidated affiliates
-	-1,759	1,872	3,308	-	1,762	4,368	3,739	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-92,034	-29,688	-46,809	-	-2,971	-29,976	-661	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends declared
-	11,223	11,223	11,223	-	11,223	11,223	11,223	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common shareholders/unitholders
-	-104,020	-	-	-	-14,218	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to common shareholders/unitholders
-	-0.52	-0.20	-0.29	-	-0.07	-0.20	-0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted-average common and potential dilutive common shares/units outstanding
-	200,230	200,231	200,010	-	199,432	199,767	199,694	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Management, development and leasing fees
Management, development and leasing fees
-	2,216	2,586	2,523	-	2,658	2,643	2,721	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-