Site centers corp. (SITC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Land

881

881

857

861

861

873

970

1,667

1,700

1,738

1,903

1,938

1,987

1,990

2,122

2,137

2,145

2,184

2,187

2,208

2,195

2,208

2,251

2,213

2,173

2,209

1,902

1,887

1,894

1,900

1,895

1,839

1,843

1,844

1,852

1,843

1,865

1,837

1,834

1,932

1,971

Buildings

3,289

3,277

3,209

3,217

3,215

3,251

3,634

5,439

5,599

5,733

6,002

6,193

6,338

6,412

6,890

6,893

6,908

6,965

6,931

6,988

6,933

7,087

7,167

6,996

6,862

6,949

5,970

5,868

5,824

5,773

5,663

5,424

5,445

5,461

5,494

5,506

5,551

5,491

5,451

5,593

5,694

Fixtures and tenant improvements

493

491

466

461

450

448

508

701

696

693

673

726

738

735

773

756

744

743

709

672

643

645

628

621

597

599

-

-

-

489

-

-

-

-

-

-

-

-

-

-

-

Total real estate rental property

4,664

4,650

4,533

4,540

4,527

4,572

5,112

7,808

7,996

8,165

8,580

8,858

9,064

9,138

-

-

-

9,892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixtures and tenant improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542

522

498

-

-

-

-

-

-

-

-

-

-

-

-

Fixtures and tenant improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

442

406

389

379

372

360

356

339

320

308

287

Total real estate rental property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,785

9,788

9,798

-

9,829

9,869

9,772

9,940

10,047

9,831

9,633

9,758

8,415

8,278

8,217

8,163

8,002

7,671

7,677

7,685

7,720

7,710

7,773

7,668

7,605

7,834

7,953

Less: Accumulated depreciation

1,323

1,289

1,255

1,231

1,197

1,172

1,284

1,970

1,963

1,953

1,942

2,001

2,004

1,996

2,174

2,115

2,060

2,062

2,038

1,998

1,943

1,909

1,893

1,918

1,854

1,823

1,779

1,757

1,721

1,670

1,628

1,573

1,568

1,550

1,537

1,538

1,500

1,452

1,412

1,403

1,332

Real estate rental property, net

3,341

3,361

3,278

3,308

3,329

3,400

3,828

5,838

6,033

6,212

6,638

6,857

7,060

7,142

-

-

-

7,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate rental property, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,635

6,521

6,496

-

6,373

6,097

6,109

6,135

6,182

6,171

6,272

6,215

6,193

6,431

6,621

Construction in progress and land

62

59

76

72

55

54

58

83

77

82

116

113

120

105

125

161

174

235

326

311

275

395

449

520

463

452

496

480

489

475

588

-

-

581

-

-

-

-

-

-

-

Total real estate assets, net

3,403

3,420

3,354

3,380

3,385

3,455

3,886

5,921

6,110

6,294

6,755

6,970

7,181

7,247

7,611

7,673

7,738

8,065

7,790

7,870

7,828

8,030

8,153

7,913

7,779

7,935

7,139

7,003

6,992

6,493

6,961

6,678

6,693

6,719

6,832

6,880

6,994

6,959

7,013

7,230

7,490

Investments in and advances to joint ventures, net

178

294

330

340

302

329

287

-

-

383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in and advances to affiliate

190

190

206

223

224

223

226

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land held for development and construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

580

576

-

644

708

714

743

-

-

858

Land held for development and construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

817

796

-

Real estate held for sale, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

12

7

1

7

0

0

0

8

2

6

0

6

0

2

3

10

Total real estate assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,737

7,834

7,913

-

8,116

8,181

8,104

8,426

8,603

8,433

8,242

8,401

-

-

-

6,968

-

-

-

-

-

-

-

-

-

-

-

Investments in and advances to joint ventures, net

-

-

-

-

-

-

-

321

333

-

434

435

395

454

460

465

466

467

393

399

410

414

161

199

441

448

631

597

617

613

586

562

363

353

376

415

402

417

417

415

420

Cash and cash equivalents

514

16

23

9

9

11

11

32

16

92

18

414

19

30

20

17

23

22

21

25

55

20

134

359

163

86

35

41

18

31

20

18

16

41

20

15

21

19

21

20

26

Restricted cash

0

3

2

1

2

2

1

74

49

2

1

61

46

8

12

9

10

10

41

11

8

11

8

31

30

33

25

23

22

23

26

23

23

30

4

4

4

28

14

35

95

Accounts receivable

56

60

60

63

60

67

74

103

100

108

176

114

117

121

127

124

125

129

131

128

133

132

-

-

-

129

-

-

-

126

-

-

-

117

-

-

-

123

-

-

146

Property insurance receivable

-

-

-

-

-

-

0

49

65

58

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable

-

-

-

-

19

-

19

19

19

19

19

19

49

49

44

47

42

42

47

47

47

56

57

58

78

78

77

71

57

68

63

62

95

93

112

102

121

120

119

60

74

Deferred charges, less accumulated amortization of $41,088 and $38,796, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

30

27

-

-

-

-

38

-

-

-

42

-

-

-

45

-

-

-

44

-

-

33

Other assets, net

101

108

120

122

111

116

111

182

214

210

234

254

282

285

317

321

353

359

375

401

423

457

660

599

607

477

434

395

353

182

292

238

219

67

256

249

237

55

290

288

138

Total assets

4,445

4,093

4,099

4,142

4,116

4,206

4,620

6,704

6,910

7,170

7,640

8,270

8,092

8,197

8,721

8,821

8,935

9,097

9,155

9,225

9,211

9,519

9,625

9,681

9,564

9,693

8,345

8,132

8,061

8,055

7,949

7,583

7,411

7,469

7,603

7,666

7,781

7,768

7,877

8,051

8,426

Liabilities and Equity
Unsecured indebtedness:
Senior notes, net

1,447

1,647

1,647

1,646

1,646

1,646

1,896

1,918

1,917

2,810

2,809

3,060

2,914

2,913

2,912

2,911

2,910

3,149

3,118

3,115

3,265

2,752

2,762

2,759

2,757

2,754

2,453

2,450

2,149

2,147

1,980

1,977

-

2,139

-

-

-

-

-

-

-

Term loan, net

99

99

99

49

49

49

198

198

198

398

397

398

398

398

398

398

398

397

300

300

-

347

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unsecured term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

350

350

350

350

350

350

350

350

250

250

250

0

-

-

-

-

-

-

-

Revolving credit facilities

645

5

0

75

40

100

105

45

120

0

60

-

90

0

310

265

350

210

395

241

6

29

23

28

28

29

42

34

190

147

209

5

75

142

226

170

42

279

483

649

775

Total unsecured indebtedness

-

-

-

1,771

1,736

-

2,199

2,161

2,236

3,208

3,267

3,458

3,402

3,311

3,620

3,574

3,658

3,757

3,813

3,656

3,271

3,129

3,136

3,138

3,135

3,133

2,846

2,835

2,690

2,645

2,440

2,233

1,938

2,282

2,158

2,256

2,345

2,043

1,746

1,596

1,689

Total unsecured indebtedness

2,192

1,752

1,746

-

-

1,795

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,264

-

2,385

2,427

2,388

2,323

-

-

-

Secured term loan

-

-

-

-

-

-

-

-

-

-

0

199

199

199

199

199

199

199

200

200

-

398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage indebtedness

-

-

-

-

-

-

-

-

-

-

-

-

918

-

-

-

-

-

-

-

-

-

-

-

-

-

1,349

1,209

1,263

-

1,367

1,362

1,372

1,322

1,340

1,286

1,331

1,378

1,365

1,591

1,913

Total unsecured indebtedness

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,229

2,246

2,464

Secured term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

-

400

2,190

2,108

400

1,749

1,609

1,663

1,674

1,867

1,862

1,872

1,822

500

500

550

600

800

800

800

Mortgage indebtedness, net

54

94

86

87

87

88

185

1,428

1,505

641

750

908

-

982

1,146

1,164

1,173

1,183

1,209

1,403

1,675

1,684

1,699

1,790

1,708

1,761

-

-

-

1,274

-

-

-

-

-

-

-

-

-

-

-

Total secured indebtedness

-

-

-

-

87

-

185

1,428

1,505

641

750

1,108

1,118

1,182

1,345

1,364

1,373

1,382

1,409

1,603

1,975

2,082

2,099

400

400

2,161

400

400

400

400

500

500

500

500

1,840

1,786

1,881

1,978

2,165

2,391

2,713

Total indebtedness

2,246

1,847

1,833

1,858

1,824

1,884

2,385

3,589

3,741

3,849

4,017

4,566

4,520

4,493

4,966

4,938

5,031

5,139

5,223

5,260

5,247

5,212

5,236

5,328

5,243

5,294

4,596

4,444

4,354

4,319

4,307

4,095

-

4,104

-

-

-

-

-

-

-

Total indebtedness

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,136

-

4,225

4,214

4,270

4,302

4,395

4,638

5,178

Accounts payable and other liabilities

186

220

214

211

194

203

214

343

317

344

355

368

369

382

398

398

389

425

425

450

402

448

459

442

408

415

346

310

290

326

262

226

211

257

147

137

119

223

154

134

130

Dividends payable

44

44

44

44

44

45

45

78

78

78

78

76

75

75

75

75

75

68

68

67

67

61

61

61

62

55

49

49

49

44

43

40

40

29

23

18

18

12

12

11

10

Equity derivative liability - affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

96

-

-

56

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101

83

85

-

145

138

98

Total liabilities

2,477

2,112

2,092

2,115

2,063

2,133

2,645

4,012

4,138

4,272

4,451

5,011

4,965

4,951

5,440

5,412

5,496

5,633

5,717

5,778

5,717

5,721

5,757

5,833

5,714

5,765

4,992

4,804

4,694

4,689

4,613

4,362

4,388

4,391

4,498

4,453

4,493

4,633

4,707

4,922

5,474

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

SITE Centers Equity
Cumulative redeemable preferred shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

-

-

-

350

-

-

-

405

205

205

-

405

-

-

-

375

-

-

-

555

-

-

555

Redeemable operating partnership units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Common shares, with par value, $0.10 stated value; 300,000,000 shares authorized; 193,994,403 and 193,823,409 shares issued at March 31, 2020 and December 31, 2019, respectively

19

19

18

18

18

18

18

18

36

18

36

36

36

36

36

36

36

36

36

36

36

36

36

35

35

35

32

32

31

31

30

30

27

27

27

27

26

25

25

25

20

Additional paid-in capital

5,703

5,700

5,547

5,546

5,545

5,544

5,542

5,543

5,522

5,531

5,505

5,499

5,497

5,487

5,480

5,473

5,470

5,466

5,467

5,448

5,445

5,438

5,434

5,421

5,418

5,417

4,789

4,714

4,668

4,629

4,553

4,437

4,139

4,138

4,136

4,140

4,004

3,868

3,813

3,756

3,374

Accumulated distributions in excess of net income

4,075

4,066

4,037

4,016

3,988

3,980

4,115

3,397

3,315

3,183

2,886

2,809

2,761

2,632

2,590

2,455

2,421

2,391

2,416

2,408

2,358

2,047

1,975

1,982

1,994

1,915

1,867

1,817

1,738

1,694

1,650

1,627

1,548

1,493

1,469

1,402

1,365

1,378

1,278

1,248

1,098

Deferred compensation obligation

5

7

8

8

7

8

8

7

7

8

10

10

10

15

15

15

15

15

15

16

17

16

17

16

16

16

16

16

15

15

14

-

-

13

-

-

-

-

-

-

-

Deferred compensation obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

13

-

-12

-12

-12

-14

-12

-12

-17

Accumulated other comprehensive loss

-0

-0

-0

-0

-1

-1

-1

-1

-1

-1

-1

-2

-3

-4

-4

-5

-5

-6

-6

-6

-6

-7

-8

-11

-31

-36

-29

-30

-24

-27

-28

-30

3

-1

1

34

27

25

14

5

9

Less: Common shares in treasury at cost: 1,097,130 and 325,318 shares at March 31, 2020 and December 31, 2019, respectively

13

7

56

56

56

44

8

7

7

8

9

9

10

14

-

-

-

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Common shares in treasury at cost: 932,504 and 945,268 shares at September 30, 2016 and December 31, 2015, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

14

14

-

16

16

16

16

18

16

17

18

17

15

14

16

13

12

13

15

13

12

12

14

11

11

15

Total SITE Centers shareholders' equity

1,964

1,978

2,004

2,024

2,049

2,070

1,970

2,687

2,767

2,890

3,180

3,249

3,118

3,237

3,272

3,400

3,430

3,455

3,429

3,420

3,466

3,770

3,835

3,813

3,833

3,904

3,328

3,304

3,343

3,342

3,311

3,186

2,997

3,045

3,071

3,175

3,248

3,096

-

-

2,862

Non-controlling interests

3

3

3

3

3

2

4

4

4

6

8

8

8

8

8

8

8

8

8

27

27

27

33

35

16

23

23

23

24

24

24

34

26

32

32

38

38

38

38

34

89

Total equity

1,967

1,981

2,007

2,027

2,052

2,073

1,974

2,692

2,772

2,897

3,189

3,258

3,127

3,246

3,280

3,408

3,438

3,463

3,438

3,447

3,493

3,797

3,868

3,848

3,849

3,927

3,352

3,328

3,367

3,366

3,335

3,221

3,023

3,077

3,104

3,213

3,287

3,134

3,169

3,128

2,952

Total liabilities and equity

4,445

4,093

4,099

4,142

4,116

4,206

4,620

6,704

6,910

7,170

7,640

8,270

8,092

8,197

8,721

8,821

8,935

9,097

9,155

9,225

9,211

9,519

9,625

9,681

9,564

9,693

8,345

8,132

8,061

8,055

7,949

7,583

7,411

7,469

7,603

7,666

7,781

7,768

7,877

8,051

8,426

Class A Cumulative Redeemable Preferred Shares [Member]
Cumulative redeemable preferred shares

175

175

175

175

175

175

-

-

-

175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class J Cumulative Redeemable Preferred Shares [Member]
Cumulative redeemable preferred shares

-

-

200

200

200

200

-

-

-

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class K Cumulative Redeemable Preferred Shares [Member]
Cumulative redeemable preferred shares

150

150

150

150

150

150

-

-

-

150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-