SITE Centers Corp(NYSE:SITC)
SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly ...
Website: http://www.sitecenters.com
Founded: 1965
Full Time Employees: 361
Sector: Real Estate
Industry: REIT-Retail
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Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental income | 9,241,000 | 17,275,000 | 24,203,000 | 30,662,000 | 31,450,000 | -52,803,000 | 89,017,000 | 113,480,000 | 119,592,000 | 122,742,000 | 142,498,000 | 135,954,000 | 135,872,000 | 135,896,000 | 135,123,000 | 136,203,000 | 129,884,000 | 124,110,000 | 120,569,000 | 126,230,000 | 119,890,000 | 108,382,000 | 95,874,000 | 98,079,000 | 112,529,000 | 110,866,000 | 108,060,000 | 112,274,000 | 112,221,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
fee and other income | 3,775,000 | 3,181,000 | 2,897,000 | 2,808,000 | 11,173,000 | 1,745,000 | 1,746,000 | 2,191,000 | 2,499,000 | 1,924,000 | 2,261,000 | 2,204,000 | 2,820,000 | 2,612,000 | 3,720,000 | 4,479,000 | 4,436,000 | 10,706,000 | 13,872,000 | 9,238,000 | 8,249,000 | 9,516,000 | 9,680,000 | 9,492,000 | 16,781,000 | 14,918,000 | 13,580,000 | 16,383,000 | 18,801,000 | 17,802,000 | 17,601,000 | 14,727,000 | 13,019,000 | 11,895,000 | 21,115,000 | 14,108,000 | 14,017,000 | 13,800,000 | 15,020,000 | 16,227,000 | 13,521,000 | 13,862,000 | 14,567,000 | 12,663,000 | 45,909,000 | 14,992,000 | 16,613,000 | 16,461,000 | 19,386,000 | 22,566,000 | 17,067,000 | 22,480,000 | 18,069,000 | 18,534,000 | 21,295,000 | 20,080,000 | 20,041,000 | |||||||||||||||||||||||||
revenues from operations: - sum | 13,016,000 | 20,456,000 | 27,100,000 | 33,470,000 | 42,623,000 | -51,058,000 | 90,763,000 | 115,671,000 | 122,091,000 | 124,666,000 | 144,759,000 | 138,158,000 | 138,692,000 | 138,508,000 | 138,843,000 | 140,682,000 | 134,320,000 | 134,816,000 | 134,441,000 | 135,468,000 | 128,139,000 | 117,898,000 | 105,554,000 | 107,571,000 | 129,310,000 | 125,784,000 | 122,525,000 | 128,657,000 | 131,022,000 | 136,576,000 | 144,095,000 | 211,516,000 | 215,068,000 | 217,556,000 | 227,424,000 | 236,187,000 | 240,421,000 | 191,386,000 | 253,800,000 | 257,321,000 | 254,423,000 | 257,135,000 | 257,323,000 | 258,825,000 | 253,660,000 | 254,246,000 | 219,368,000 | 217,087,000 | 210,837,000 | 204,983,000 | 194,743,000 | 195,371,000 | 196,448,000 | 198,495,000 | 202,984,000 | 198,798,000 | 202,016,000 | 206,701,000 | 202,264,000 | 204,309,000 | 219,766,000 | 233,913,000 | 232,706,000 | 241,896,000 | 234,061,000 | 255,428,000 | 230,379,000 | 205,606,000 | 200,122,000 | 202,526,000 | ||||||||||||
rental operation expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating and maintenance | 3,293,000 | 5,550,000 | 5,505,000 | 6,457,000 | 7,132,000 | -608,000 | 16,185,000 | 19,251,000 | 20,544,000 | 22,331,000 | 20,986,000 | 22,476,000 | 23,166,000 | 22,750,000 | 22,314,000 | 22,278,000 | 21,936,000 | 18,516,000 | 18,562,000 | 19,422,000 | 20,216,000 | 18,027,000 | 15,775,000 | 16,519,000 | 18,480,000 | 17,033,000 | 16,738,000 | 18,743,000 | 18,841,000 | 18,759,000 | 18,386,000 | 31,149,000 | 29,757,000 | 28,224,000 | 28,950,000 | 32,150,000 | 32,991,000 | 28,812,000 | 31,269,000 | 34,588,000 | 36,508,000 | 35,963,000 | 36,029,000 | 38,726,000 | 105,025,000 | 37,311,000 | 35,436,000 | 38,201,000 | 34,728,000 | 34,290,000 | 33,659,000 | 32,389,000 | 30,979,000 | 34,343,000 | 34,027,000 | 36,746,000 | 38,104,000 | 33,676,000 | 37,197,000 | 36,101,000 | 36,952,000 | 35,292,000 | 36,232,000 | 35,992,000 | 34,985,000 | 36,869,000 | 33,270,000 | 35,092,000 | 28,946,000 | 28,181,000 | 28,582,000 | 25,914,000 | ||||||||||
real estate taxes | 1,642,000 | 2,603,000 | 3,895,000 | 4,690,000 | 4,721,000 | -4,764,000 | 12,170,000 | 16,148,000 | 16,738,000 | 15,887,000 | 20,543,000 | 20,279,000 | 20,053,000 | 19,476,000 | 20,423,000 | 20,624,000 | 20,183,000 | 17,712,000 | 19,160,000 | 19,535,000 | 19,664,000 | 18,054,000 | 16,542,000 | 17,348,000 | 17,657,000 | 16,046,000 | 16,721,000 | 17,798,000 | 17,743,000 | 20,048,000 | 21,211,000 | 30,478,000 | 32,023,000 | 29,911,000 | 30,618,000 | 33,744,000 | 34,329,000 | 35,197,000 | 36,900,000 | 37,276,000 | 36,534,000 | 37,385,000 | 37,797,000 | 37,629,000 | 103,090,000 | 35,681,000 | 36,578,000 | 35,742,000 | 28,541,000 | 27,677,000 | 27,940,000 | 25,795,000 | 25,631,000 | 25,559,000 | 26,465,000 | 27,091,000 | 26,841,000 | 29,518,000 | 26,517,000 | 28,940,000 | 27,965,000 | 27,671,000 | 29,136,000 | 28,407,000 | 28,138,000 | 27,675,000 | 26,772,000 | 30,771,000 | 27,317,000 | 25,101,000 | 23,003,000 | 23,124,000 | ||||||||||
impairment charges | 17,450,000 | 7,500,000 | 106,570,000 | 66,600,000 | 2,536,000 | 7,270,000 | 2,750,000 | 620,000 | 930,000 | 19,890,000 | 18,060,000 | 30,444,000 | 280,127,000 | 10,284,000 | 28,096,000 | 21,973,000 | 6,029,000 | 104,877,000 | 279,021,000 | 27,362,000 | 1,813,000 | 14,342,000 | 10,841,000 | 24,136,000 | 34,439,000 | 6,926,000 | 8,258,000 | 80,227,000 | 13,517,000 | 51,245,000 | 18,352,000 | 3,856,000 | 5,063,000 | 129,727,000 | 2,050,000 | 2,653,000 | 107,014,000 | 10,905,000 | ||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 8,899,000 | 10,735,000 | 10,295,000 | 9,418,000 | 9,395,000 | 8,184,000 | 15,111,000 | 12,713,000 | 11,072,000 | 14,932,000 | 11,259,000 | 14,031,000 | 10,645,000 | 12,161,000 | 10,799,000 | 11,353,000 | 12,251,000 | 13,505,000 | 11,727,000 | 12,425,000 | 17,395,000 | 14,339,000 | 13,664,000 | 13,502,000 | 11,376,000 | 14,036,000 | 15,304,000 | 14,932,000 | 14,112,000 | 16,286,000 | 15,232,000 | 20,187,000 | 16,115,000 | 19,601,000 | 16,425,000 | 22,756,000 | 31,072,000 | 20,941,000 | 18,785,000 | 18,499,000 | 17,876,000 | 17,596,000 | 19,271,000 | 18,595,000 | 64,944,000 | 19,540,000 | 19,085,000 | 20,253,000 | 19,246,000 | 20,117,000 | 19,760,000 | 18,547,000 | 19,131,000 | 19,012,000 | 17,954,000 | 17,979,000 | 29,378,000 | 20,180,000 | 19,090,000 | 23,275,000 | 25,886,000 | 28,412,000 | 19,171,000 | 19,560,000 | 21,333,000 | 20,715,000 | 19,626,000 | 19,161,000 | 21,518,000 | 14,974,000 | 15,422,000 | 15,410,000 | ||||||||||
depreciation and amortization | 5,017,000 | 7,868,000 | 10,768,000 | 12,921,000 | 13,252,000 | -16,496,000 | 34,251,000 | 40,439,000 | 43,150,000 | 46,925,000 | 52,821,000 | 58,698,000 | 54,016,000 | 50,982,000 | 51,179,000 | 51,021,000 | 50,364,000 | 48,322,000 | 44,669,000 | 47,217,000 | 45,560,000 | 45,655,000 | 41,148,000 | 40,873,000 | 42,993,000 | 41,687,000 | 40,732,000 | 40,060,000 | 42,608,000 | 45,587,000 | 49,629,000 | 72,462,000 | 74,424,000 | 79,834,000 | 85,210,000 | 90,276,000 | 90,884,000 | 99,468,000 | 95,451,000 | 97,698,000 | 96,902,000 | 97,155,000 | 99,300,000 | 103,015,000 | 303,345,000 | 99,480,000 | 99,826,000 | 108,762,000 | 74,141,000 | 69,887,000 | 68,980,000 | 61,276,000 | 63,561,000 | 60,306,000 | 56,249,000 | 56,750,000 | 56,042,000 | 54,903,000 | 56,738,000 | 57,069,000 | 53,621,000 | 58,641,000 | 62,941,000 | 63,297,000 | 59,809,000 | 57,139,000 | 56,565,000 | 54,772,000 | 54,444,000 | 48,835,000 | 47,969,000 | 46,943,000 | ||||||||||
rental operation expenses: - sum | 36,301,000 | 34,256,000 | 137,033,000 | 33,486,000 | 34,500,000 | -13,684,000 | 77,717,000 | 88,551,000 | 158,104,000 | 100,075,000 | 105,609,000 | 115,484,000 | 107,880,000 | 105,369,000 | 104,715,000 | 107,812,000 | 104,734,000 | 98,055,000 | 94,118,000 | 98,599,000 | 110,105,000 | 101,275,000 | 87,129,000 | 88,242,000 | 90,506,000 | 88,802,000 | 92,245,000 | 91,533,000 | 93,924,000 | 101,610,000 | 124,191,000 | 172,560,000 | 183,513,000 | 437,538,000 | 177,576,000 | 207,022,000 | 211,249,000 | 165,790,750 | 287,282,000 | 188,061,000 | 187,820,000 | 188,099,000 | 192,397,000 | 476,986,000 | 205,267,000 | 213,799,000 | 180,792,000 | 186,410,000 | 157,265,000 | 146,265,000 | 219,529,000 | 152,737,000 | 185,940,000 | 156,918,000 | 154,221,000 | 143,340,000 | 269,269,000 | 147,435,000 | 147,077,000 | 257,030,000 | 158,385,000 | 147,256,000 | 144,265,000 | 142,398,000 | 136,233,000 | 139,796,000 | 132,225,000 | 117,091,000 | 114,976,000 | 111,391,000 | ||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -456,000 | -3,975,000 | -5,314,000 | -5,565,000 | -5,418,000 | -16,706,000 | -18,426,000 | -18,913,000 | -20,011,000 | -21,147,000 | -20,921,000 | -19,923,000 | -20,386,000 | -20,139,000 | -18,909,000 | -18,258,000 | -18,682,000 | -19,170,000 | -19,136,000 | -19,395,000 | -19,117,000 | -18,089,000 | -19,811,000 | -20,587,000 | -20,748,000 | -21,160,000 | -21,087,000 | -21,726,000 | -25,390,000 | -26,962,000 | -44,913,000 | -44,040,000 | -41,616,000 | -46,296,000 | -48,908,000 | -51,827,000 | -51,740,000 | -53,940,000 | -54,012,000 | -57,897,000 | -58,217,000 | -61,287,000 | -63,020,000 | -179,005,000 | -58,115,000 | -62,573,000 | -62,881,000 | -57,936,000 | -55,816,000 | -54,894,000 | -55,245,000 | -54,617,000 | -56,746,000 | -58,169,000 | -59,579,000 | -60,243,000 | -53,774,000 | -59,692,000 | -59,909,000 | -57,268,000 | -59,962,000 | -60,834,000 | -60,651,000 | -61,174,000 | -62,214,000 | -62,524,000 | -74,462,000 | -63,550,000 | -55,386,000 | -55,829,000 | -54,000,000 | |||||||||||
interest income | 1,191,000 | 1,278,000 | 1,411,000 | 722,000 | 361,000 | 1,779,000 | 13,997,000 | 8,550,000 | 7,294,000 | 1,408,000 | 3,445,000 | 3,550,000 | 3,485,000 | 4,351,000 | 4,616,000 | 4,521,000 | 4,521,000 | 5,025,000 | 5,055,000 | 5,016,000 | 5,341,000 | 5,999,000 | 6,807,000 | 7,166,000 | 8,392,000 | 9,254,000 | 9,304,000 | 9,446,000 | 9,050,000 | 7,331,000 | 7,211,000 | 7,161,000 | 13,275,000 | 2,652,000 | 3,158,000 | 3,127,000 | 6,691,000 | 5,797,000 | 7,877,000 | 5,661,000 | 2,328,000 | 1,841,000 | 2,459,000 | 2,417,000 | 2,796,000 | 1,614,000 | 1,525,000 | 1,330,000 | 3,289,000 | 3,228,000 | 3,029,000 | 1,663,000 | 552,000 | 582,000 | 1,569,000 | 2,500,000 | 3,695,000 | 1,602,000 | 2,863,000 | 3,121,000 | ||||||||||||||||||||||
other income,net | -994,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: - sum | 197,000 | -9,367,000 | -3,937,000 | -6,469,000 | -5,957,000 | 25,795,000 | -58,361,000 | -24,640,000 | -19,018,000 | -14,811,000 | -21,837,000 | -21,555,000 | -20,610,000 | -20,774,000 | -20,640,000 | -20,056,000 | -18,762,000 | -18,653,000 | -19,694,000 | -19,460,000 | -19,761,000 | -17,902,000 | -14,830,000 | -16,873,000 | -34,511,000 | -15,786,000 | -16,866,000 | -16,651,000 | -17,052,000 | -31,944,000 | -23,361,000 | -76,152,000 | -100,306,000 | -38,322,000 | -103,829,000 | -42,696,000 | -43,439,000 | -33,644,750 | -45,020,000 | -42,485,000 | -47,074,000 | -51,126,000 | -51,708,000 | -59,287,000 | -63,925,000 | -64,367,000 | -53,527,000 | -48,124,000 | -49,918,000 | -51,468,000 | -63,838,000 | -62,109,000 | -55,662,000 | -63,509,000 | -34,180,000 | -67,004,000 | -49,580,000 | -85,435,000 | -146,069,000 | -97,771,000 | 11,111,000 | -65,847,000 | -60,524,000 | -62,129,000 | -61,180,000 | -72,187,000 | -60,080,000 | -53,987,000 | -51,799,000 | -51,379,000 | ||||||||||||
income before earnings from equity method investments and other items | -23,088,000 | -24,466,500 | -45,315,000 | 2,480,000 | -55,031,000 | 9,780,000 | 17,313,000 | 1,119,000 | 10,202,000 | 12,365,000 | 13,488,000 | 12,814,000 | 10,824,000 | 18,108,000 | 20,629,000 | 17,409,000 | -1,727,000 | -1,279,000 | 3,595,000 | 2,456,000 | 4,293,000 | 21,196,000 | 13,414,000 | 20,473,000 | 20,046,000 | -13,531,000 | -14,267,000 | -78,502,000 | 26,775,000 | 19,529,000 | 17,910,000 | 13,218,000 | -43,868,000 | -1,503,000 | -15,532,000 | -23,920,000 | -14,951,000 | 3,654,000 | 7,250,000 | -19,475,000 | 14,583,000 | |||||||||||||||||||||||||||||||||||||||||
equity in net income of joint ventures | -152,000 | -253,000 | -499,000 | -68,000 | 39,000 | -324,000 | 328,000 | 61,000 | 17,000 | 82,000 | 518,000 | 4,618,000 | 1,359,000 | 424,000 | 25,918,000 | 1,381,000 | 169,000 | 36,238,000 | 1,824,000 | 4,850,000 | 4,385,000 | 608,000 | 250,000 | -1,513,000 | 2,171,000 | 6,073,000 | 2,612,000 | 1,791,000 | 1,043,000 | -322,000 | -2,920,000 | 3,821,000 | 8,786,000 | 6,408,000 | 4,811,000 | -717,000 | -1,665,000 | 1,618,000 | -1,457,000 | 1,117,000 | 14,421,000 | 648,000 | 1,642,000 | 61,000 | 7,369,000 | 3,620,000 | 1,131,000 | 5,490,000 | 3,780,000 | -1,191,000 | 2,954,000 | 5,486,000 | 3,232,000 | 8,248,000 | 16,567,000 | 1,974,000 | 1,647,000 | -183,000 | -9,153,000 | 351,000 | 1,981,000 | 12,555,000 | 7,388,000 | 6,003,000 | 21,602,000 | 6,281,000 | 12,868,000 | 4,619,000 | 5,469,000 | |||||||||||||
gain on sale of joint venture interests | 19,989,000 | 3,485,750 | 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate | 4,007,000 | 157,106,000 | 108,401,000 | 53,236,000 | 1,029,000 | 50,000 | 368,139,000 | 233,316,000 | 31,714,000 | 187,796,000 | 31,047,000 | -22,000 | 205,000 | 15,352,000 | 26,837,000 | 4,597,000 | -4,000 | 5,871,000 | 218,000 | -20,000 | 76,000 | 218,000 | 2,000 | 773,000 | 293,000 | 14,497,000 | 213,000 | 16,377,000 | 185,763,000 | 124,000 | 29,508,000 | 10,011,000 | 34,147,000 | 44,291,000 | 44,599,000 | 38,127,000 | 25,916,000 | 21,368,000 | 13,721,000 | 12,381,000 | -310,000 | 10,815,000 | 2,819,000 | 13,962,000 | ||||||||||||||||||||||||||||||||||||||
income before tax benefit | 756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of taxable reit subsidiary and state franchise and income taxes | 182,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 938,000 | 134,430,000 | -6,158,000 | 46,504,000 | 3,085,000 | -5,822,000 | -23,552,000 | 196,424,000 | 48,642,000 | 5,353,000 | 15,302,000 | 28,215,000 | 66,213,000 | 60,409,000 | 13,955,000 | 59,091,000 | 28,157,000 | 21,987,000 | 16,181,000 | -1,038,000 | 7,403,000 | -4,403,000 | 34,628,000 | 24,292,000 | 23,901,000 | 17,537,000 | 36,095,000 | 181,327,000 | -8,692,000 | -2,633,000 | -53,897,000 | -220,213,000 | 1,231,000 | 29,878,000 | -54,028,000 | 34,034,000 | -60,076,000 | 41,368,000 | 45,873,000 | 59,823,000 | 19,047,000 | -242,914,000 | 47,084,000 | 66,481,000 | 76,895,000 | -18,378,000 | -205,000 | -23,118,000 | 6,494,000 | 26,866,000 | -37,380,000 | -14,881,000 | -46,682,000 | -13,269,000 | 35,379,000 | -15,760,000 | -121,166,000 | -26,584,000 | -140,650,000 | -261,004,000 | 84,776,000 | 38,515,000 | 39,927,000 | 43,424,000 | 43,283,000 | 127,437,000 | 62,536,000 | 62,812,000 | 78,735,000 | 49,727,000 | -105,267,357,000 | 105,550,000,000 | ||||||||||
yoy | -69.59% | -2409.00% | -113.10% | -102.96% | -253.91% | 596.17% | -26.54% | -91.14% | 9.65% | -52.25% | 135.16% | 174.75% | -13.76% | -5792.77% | 280.35% | -599.36% | -53.27% | -104.27% | -69.03% | -125.11% | -4.06% | -86.60% | -374.98% | -766.05% | -166.97% | -182.34% | -806.09% | -108.81% | -0.24% | -747.04% | -102.05% | -27.78% | -217.78% | -43.11% | -415.41% | -117.03% | -2.57% | -10.01% | -75.23% | 1221.77% | -32529.76% | -432.62% | -383.00% | -100.76% | -38.15% | -143.64% | -157.55% | 181.71% | -142.06% | 196.21% | -89.05% | -233.08% | -88.79% | -53.58% | -131.36% | -465.18% | -753.70% | 95.23% | -11.02% | -68.67% | -30.56% | -31.09% | 61.86% | 25.76% | -99.94% | |||||||||||||||||
qoq | -99.30% | -2283.01% | -113.24% | 1407.42% | -152.99% | -111.99% | 303.82% | 808.69% | -65.02% | -45.77% | -57.39% | 9.61% | 332.88% | -76.38% | 109.86% | 28.06% | 35.88% | -1658.86% | -114.02% | -268.14% | -112.72% | 42.55% | 1.64% | 36.29% | -51.41% | -80.09% | -2186.14% | 230.12% | -95.11% | -75.53% | -17988.95% | -95.88% | -155.30% | -258.75% | -156.65% | -245.22% | -9.82% | -23.32% | 214.08% | -107.84% | -615.92% | -29.18% | -13.54% | -518.41% | -99.11% | -455.99% | -171.87% | 151.19% | 251.81% | -137.51% | -86.99% | 355.79% | -46.11% | -407.87% | -3.54% | -8.05% | -66.04% | 103.78% | -20.22% | 58.33% | -100.05% | -199.73% | ||||||||||||||||||||
per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted: | 0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amount reclassed to earnings - cash flow hedges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | 938 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on derivative instruments | 754,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt extinguishment costs | -9,235,000 | -576,000 | -504,000 | 182,000 | -32,559,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction costs and other expense | -954,000 | -797,000 | 29,252,000 | -23,847,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before earnings from discontinued operations, equity method investments and other items | -29,547,250 | -113,870,000 | -6,485,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax expense | 10,987,250 | -5,968,000 | 46,683,000 | 3,234,000 | -11,853,000 | 323,152,000 | 238,526,000 | -23,300,000 | 197,658,000 | 48,878,000 | 5,715,000 | 15,515,000 | 28,168,000 | 66,471,000 | 60,762,000 | 14,207,000 | 59,584,000 | 28,359,000 | 22,477,000 | 16,546,000 | -766,000 | 7,687,000 | -4,061,000 | 34,861,000 | 24,124,000 | 24,150,000 | 17,843,000 | 36,367,000 | -14,248,000 | -91,932,000 | -81,046,000 | 27,892,000 | 33,950,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
tax expense of taxable reit subsidiary and state franchise and income taxes | -129,500 | -190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 134,430,000 | -6,158,000 | 46,504,000 | 3,085,000 | -14,721,000 | -92,155,000 | -81,444,000 | 27,647,000 | 33,492,000 | 18,030,000 | 7,780,000 | 14,794,000 | 6,313,000 | 68,780,000 | -28,218,000 | -11,577,000 | 6,241,000 | 27,006,000 | -46,415,000 | -11,966,000 | 37,925,000 | -25,539,000 | -152,904,000 | -200,831,000 | 72,993,000 | 37,681,000 | 38,140,000 | 41,341,000 | 40,193,000 | 57,880,000 | 53,569,000 | 45,428,000 | 38,798,000 | 42,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations | -2,305,000 | -401,000 | -3,580,000 | -5,226,000 | -9,124,000 | -1,685,000 | -4,548,000 | -3,835,000 | -936,000 | -0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred dividends | -1,271,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,789,000 | -2,945,000 | -5,133,000 | -5,132,000 | -5,133,000 | -5,133,000 | -5,133,000 | -7,083,000 | -8,382,000 | -8,383,000 | -8,383,000 | -8,383,000 | -8,382,000 | -8,383,000 | -8,383,000 | -8,383,000 | -8,383,000 | -6,399,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -18,460,000 | -5,594,000 | -6,259,000 | -6,608,000 | -6,608,000 | -7,475,000 | -7,030,000 | -7,681,000 | -6,967,000 | -6,967,000 | -6,967,000 | -7,085,000 | -10,567,000 | -10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 10,567,000 | 16,008,000 | 13,792,000 | ||||||||||||||||||
net income attributable to common shareholders | 134,430,000 | -6,158,000 | 46,504,000 | 3,085,000 | -13,248,000 | 320,164,000 | 235,456,000 | -26,341,000 | 193,635,000 | 45,853,000 | 2,564,000 | 12,495,000 | 25,408,000 | 63,406,000 | 57,601,000 | 11,148,000 | 56,205,000 | 25,275,000 | 13,768,000 | 10,875,000 | -6,418,000 | 2,154,000 | -9,746,000 | 29,200,000 | 9,743,000 | 15,248,000 | 8,894,000 | 27,407,000 | -11,712,000 | -226,421,000 | 23,212,000 | -59,835,000 | 28,147,000 | -65,954,000 | 35,464,000 | 39,979,000 | 53,961,000 | 13,004,000 | ||||||||||||||||||||||||||||||||||||||||||||
total | 2.56 | -0.13 | 0.88 | 0.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt retirement | 277,000 | 760,000 | -134,000 | 333,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on derivative instruments | -1,103,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -1,373,000 | -753,000 | -13,971,000 | -4,063,000 | 5,200,000 | -690,000 | -634,000 | -687,000 | -524,000 | -324,000 | -17,409,000 | 611,000 | -322,000 | -85,000 | 153,000 | -11,579,000 | -1,454,000 | -36,255,000 | -61,607,000 | -2,705,000 | -64,340,000 | -954,000 | -4,000 | -148,000 | -384,000 | 2,081,000 | 1,773,000 | -240,000 | 2,368,000 | -3,428,000 | -9,504,000 | -2,758,000 | -4,510,000 | -4,613,000 | -2,282,000 | 1,895,000 | -2,901,000 | -1,884,000 | -3,657,000 | -1,602,000 | 182,000 | 1,341,000 | -3,899,000 | 2,203,000 | 98,000 | -225,000 | 1,167,000 | |||||||||||||||||||||||||||||||||||
gain on sale and change in control of interest | 667,250 | 2,669,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax expense of taxable reit subsidiaries and state franchise and income taxes | -179,000 | -149,000 | -29,000 | -199,000 | -281,000 | -252,000 | -1,234,000 | -236,000 | -362,000 | -213,000 | 47,000 | -258,000 | -353,000 | -252,000 | -493,000 | -202,000 | -490,000 | -365,000 | -272,000 | -284,000 | -342,000 | -233,000 | 168,000 | -249,000 | -306,000 | -251,000 | -238,000 | -391,000 | -2,455,000 | -9,267,000 | -473,000 | -223,000 | -680,000 | -398,000 | -245,000 | -458,000 | -573,000 | -4,900,000 | -649,000 | -688,000 | -406,000 | -1,716,000 | -367,000 | -264,000 | -371,000 | -179,000 | -299,000 | -326,000 | -1,120,000 | -920,000 | ||||||||||||||||||||||||||||||||
income from discontinued operations | 31,492,000 | 57,906,000 | 6,643,000 | 10,930,000 | 9,443,000 | 310,000 | 3,801,000 | 678,000 | -24,798,000 | -271,000 | 458,000 | -199,000 | -93,000 | -291,000 | 4,730,000 | 138,000 | 253,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before earnings from discontinued operations, equity method investments and other items | 2,166,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to site centers | -5,822,000 | 322,953,000 | 238,245,000 | -23,552,000 | 196,424,000 | 48,642,000 | 5,353,000 | 15,284,000 | 28,197,000 | 66,195,000 | 60,390,000 | 13,937,000 | 58,994,000 | 28,064,000 | 21,869,000 | 16,008,000 | -1,286,000 | 7,287,000 | -4,613,000 | 34,333,000 | 24,002,000 | 23,630,000 | 17,277,000 | 35,790,000 | -8,931,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2.518 | 6.09 | 1.12 | -0.13 | 0.92 | 0.22 | 0.01 | 0.06 | 0.12 | 0.3 | 0.27 | 0.05 | 0.27 | 0.12 | 0.06 | 0.05 | -0.03 | 0.01 | -0.05 | 0.15 | 0.05 | 0.08 | 0.05 | 0.15 | 0.93 | -0.09 | -0.07 | -0.17 | -0.62 | -0.02 | 0.06 | -0.16 | 0.08 | -0.18 | 0.1 | 0.11 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted | 2.508 | 6.07 | 1.11 | -0.13 | 0.92 | 0.22 | 0.01 | 0.06 | 0.11 | 0.3 | 0.27 | 0.05 | 0.27 | 0.12 | 0.06 | 0.05 | -0.03 | 0.01 | -0.05 | 0.15 | 0.05 | 0.08 | 0.05 | 0.15 | 0.93 | -0.09 | -0.07 | -0.17 | -0.62 | -0.02 | 0.06 | -0.16 | 0.08 | -0.18 | 0.1 | 0.11 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on equity derivative instruments | -1,070,000 | -4,096,000 | -11,278,000 | -24,868,000 | -118,174,000 | -80,025,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale and change in control of interests | 3,749,000 | 27,000 | -6,507,000 | 84,012,000 | 3,984,000 | 83,830,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to non-controlling interests | -18,000 | -18,000 | -18,000 | -19,000 | -18,000 | -97,000 | -93,000 | -118,000 | -173,000 | -248,000 | -116,000 | -210,000 | -295,000 | -209,000 | -271,000 | -260,000 | -305,000 | -297,750 | -239,000 | -696,000 | -256,000 | -182,000 | -248,000 | -267,000 | -213,000 | -223,500 | -284,000 | -310,000 | -300,000 | -449,000 | 2,631,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -538,000 | -501,000 | -1,147,000 | -504,000 | -303,500 | -366,000 | -4,551,750 | -186,000 | -612,000 | -6,347,000 | -11,850,000 | -3,079,000 | -6,913,000 | -3,662,000 | -6,859,000 | -497,000 | -225,000 | -225,000 | -203,000 | -500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of interests | 228,000 | 41,970,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-off of preferred share original issuance costs | -5,156,000 | -1,943,000 | -5,246,000 | -5,804,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control of interests | 3,356,000 | 14,279,000 | 1,066,000 | 40,645,000 | 39,348,000 | 981,000 | 21,729,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposition of real estate | -142,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment of preferred equity interests | 1,625,000 | 15,377,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve of preferred equity interests | -4,878,000 | -18,057,000 | -3,438,000 | -6,373,000 | -1,099,000 | -6,885,000 | -3,961,000 | -377,000 | -76,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of joint venture interest | -128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture interest | 13,908,000 | 11,408,750 | 82,000 | 45,681,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business interruption income | 885,000 | 1,784,000 | 3,100,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment (reserve) of preferred equity interests | 3,542,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane property credit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane property loss | 224,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(reserve) adjustment of preferred equity interests | -4,634,000 | -2,201,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of taxable reit subsidiaries and state franchise and income taxes | -272,000 | 18,000 | -528,000 | 3,590,000 | -1,017,000 | -639,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum rents | 87,977,000 | 92,159,000 | 141,678,000 | 146,887,000 | 147,140,000 | 153,925,000 | 164,623,000 | 167,229,000 | 167,933,000 | 177,844,000 | 178,064,000 | 177,367,000 | 180,523,000 | 179,363,000 | 180,697,000 | 512,785,000 | 175,771,000 | 178,140,000 | 175,807,000 | 150,654,000 | 146,988,000 | 144,596,000 | 138,973,000 | 133,861,000 | 131,862,000 | 131,457,000 | 133,182,000 | 134,291,000 | 133,549,000 | 135,869,000 | 136,889,000 | 135,481,000 | 137,696,000 | 145,212,000 | 158,223,000 | 159,452,000 | 160,852,000 | 158,868,000 | 177,342,000 | 158,785,000 | 143,769,000 | 141,898,000 | 139,992,000 | |||||||||||||||||||||||||||||||||||||||
percentage and overage rents | 1,323,000 | 600,000 | 1,453,000 | 1,808,000 | 2,556,000 | 1,016,000 | 1,823,000 | 1,699,000 | 2,827,000 | 1,193,000 | 1,654,000 | 1,936,000 | 835,000 | 1,372,000 | 1,385,000 | 4,712,000 | 519,000 | 643,000 | 1,674,000 | 885,000 | 720,000 | 1,784,000 | 360,000 | 655,000 | 1,610,000 | 1,110,000 | 871,000 | 2,038,000 | 1,016,000 | 600,000 | 2,119,000 | 1,441,000 | 1,038,000 | 2,743,000 | 1,062,000 | 1,100,000 | 3,006,000 | 1,988,000 | 1,593,000 | 2,041,000 | 1,775,000 | 1,833,000 | 2,241,000 | |||||||||||||||||||||||||||||||||||||||
recoveries from tenants | 29,474,000 | 31,951,000 | 50,558,000 | 51,354,000 | 47,465,000 | 51,368,000 | 55,633,000 | 57,476,000 | 55,701,000 | 59,743,000 | 61,376,000 | 61,599,000 | 61,915,000 | 62,021,000 | 64,080,000 | 171,726,000 | 59,261,000 | 58,264,000 | 60,304,000 | 48,443,000 | 46,813,000 | 47,390,000 | 43,170,000 | 42,158,000 | 43,365,000 | 42,586,000 | 44,362,000 | 46,614,000 | 44,431,000 | 42,926,000 | 47,434,000 | 43,758,000 | 44,829,000 | 49,050,000 | 51,644,000 | 48,498,000 | 53,602,000 | 52,139,000 | 56,461,000 | 48,040,000 | 45,821,000 | 44,034,000 | 42,059,000 | |||||||||||||||||||||||||||||||||||||||
hurricane property and impairment loss | -157,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before earnings from equity method investments and other items | 3,022,000 | -3,457,000 | -37,196,000 | -68,751,000 | -258,304,000 | -53,981,000 | -8,049,500 | -277,448,000 | -17,447,000 | -88,624,000 | -45,154,000 | -21,932,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before tax expense | -26,063,500 | -8,578,000 | -31,750,000 | -63,926,000 | -251,905,000 | -33,793,000 | -4,801,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations | -26,216,250 | -8,816,000 | -32,141,000 | -63,908,000 | -254,360,000 | -43,060,000 | -5,076,250 | -268,008,000 | -19,288,000 | -48,043,000 | -6,455,000 | -17,467,000 | -113,866,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common shareholders | -22,890,250 | -17,313,000 | -62,536,000 | -7,400,000 | -249,381,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ddr | -3,329,000 | -218,038,000 | 983,000 | 29,611,000 | -54,241,000 | 33,741,000 | -60,360,000 | 41,058,000 | 45,573,000 | 59,555,000 | 18,598,000 | 48,676,000 | 68,606,000 | 76,017,000 | -16,640,000 | -375,000 | 6,303,000 | 26,738,000 | -15,057,000 | 35,312,000 | -24,247,000 | -137,846,000 | -226,585,000 | 87,401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane casualty loss | 750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to ddr | -54,153,000 | -243,787,000 | -23,313,000 | -37,500,000 | -42,989,000 | -13,383,000 | -14,310,000 | -86,575,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane casualty and impairment loss | -159,000 | 6,089,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale and change in control of interests | -1,087,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit of taxable reit subsidiaries and state franchise and income taxes | 18,558,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate | 18,030,000 | 7,780,000 | 46,286,000 | 64,219,000 | 75,423,000 | -17,288,000 | -2,134,000 | 6,551,000 | 26,605,000 | -15,546,000 | -25,909,000 | 39,019,000 | 41,057,000 | 39,592,000 | 73,425,000 | 56,526,000 | 48,850,000 | 38,798,000 | 42,502,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate, net of tax | 41,793,000 | 11,267,000 | 25,094,000 | 798,000 | 2,262,000 | 1,472,000 | 1,929,000 | -1,525,000 | -57,000 | 261,000 | 5,234,000 | 665,000 | 6,587,000 | 2,310,000 | 889,000 | 592,000 | 566,000 | 4,448,000 | -36,023,000 | 11,609,000 | 3,093,000 | 1,078,000 | -191,000 | 3,169,000 | 7,225,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to non-controlling interests | -268,000 | -873,000 | 1,450,000 | 34,591,000 | 2,338,000 | 2,804,000 | 34,425,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to common shareholders | 0.15 | 0.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to common shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax expense of taxable reit subsidiaries and state franchise and income taxes | 8,353,000 | 69,429,000 | -27,530,000 | -11,171,000 | 6,608,000 | 27,270,000 | -46,044,000 | -11,787,000 | 38,251,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of joint venture investments | -9,100,000 | -26,111,000 | -560,000 | -1,636,000 | -35,000 | -61,200,000 | -40,266,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before tax expense of taxable reit subsidiaries and state franchise and income taxes | -263,108,000 | -17,572,000 | -47,744,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before gain on disposition of real estate | -268,008,000 | -21,593,000 | -42,614,000 | -53,269,000 | -15,579,000 | -15,905,000 | -121,758,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations attributable to common shareholders | -0.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit (expense) of taxable reit subsidiaries and state franchise and income taxes | 1,525,250 | 6,101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit (expense) of taxable reit subsidiaries and state franchise and income taxes | 53,000 | 212,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 531,250 | 2,125,000 | -878,000 | 1,738,000 | -170,000 | -195,000 | -191,000 | -128,000 | -120,000 | -176,000 | 3,693,000 | -114,000 | -67,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ddr common shareholders | 15,753,000 | 63,012,000 | 67,815,000 | -6,983,000 | 13,253,000 | -22,024,000 | 24,745,000 | -34,814,000 | -0.9 | -1.64 | 0.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to ddr common shareholders | 0.003 | 0.01 | 0.17 | -0.1 | -0.05 | 0.04 | -0.07 | 0.1 | -0.15 | -0.93 | -1.22 | 0.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to ddr common shareholders | 0.04 | 0.16 | 0.02 | 0.03 | 0.03 | 0.01 | 0.01 | 0.03 | -0.42 | 0.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposition of real estate, net of tax | -1,090,000 | -861,000 | -4,057,000 | -2,717,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to ddr common shareholders | -23,248,000 | -36,034,000 | -727,000 | -44,467,000 | -49,956,000 | -26,870,000 | -24,877,000 | -97,142,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt retirement | -7,892,000 | -5,602,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations attributable to ddr common shareholders | -0.11 | -0.17 | -0.16 | -0.07 | -0.11 | -0.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations attributable to ddr common shareholders | -0.01 | -0.02 | -0.03 | -0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity derivative instruments | 21,926,000 | 21,527,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net loss of joint ventures | -2,590,000 | -4,801,000 | -623,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before tax benefit of taxable reit subsidiaries and state franchise and income taxes | -6,020,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax (expense) benefit of taxable reit subsidiaries and state franchise and income taxes | -435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-off of original preferred share issuance costs | -6,402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before loss on disposition of real estate | 36,240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ancillary and other property income | 5,846,000 | 4,936,000 | 4,973,000 | 5,698,000 | 4,974,000 | 5,050,000 | 4,950,000 | 6,328,000 | 4,662,000 | 5,129,000 | 4,290,000 | 4,722,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees, development fees and other fee income | 12,961,000 | 13,145,000 | 14,016,000 | 14,693,000 | 14,040,000 | 14,461,000 | 15,378,000 | 15,637,000 | 16,287,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 995,000 | 4,540,000 | 1,270,000 | 1,193,000 | 1,732,000 | 3,250,000 | 2,656,000 | 1,691,000 | 3,487,000 | 2,110,000 | 3,746,000 | 7,709,000 | 1,040,000 | 943,000 | 6,582,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before impairment of joint ventures, equity in net loss of joint ventures, tax expense of taxable reit subsidiaries and state franchise and income taxes and gain on disposition of real estate, net of tax | -11,546,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of joint ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before tax expense of taxable reit subsidiaries and state franchise and income taxes and gain on disposition of real estate, net of tax | -16,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on deconsolidation of interests | 5,221,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: - sum | 1,562,000 | -7,892,000 | -370,000 | 5,126,000 | -60,821,000 | 11,338,000 | -2,259,000 | 879,000 | -284,000 | -601,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on repurchase of senior notes | -1,090,000 | 1,091,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before equity in net loss of joint ventures, tax benefit of taxable reit subsidiaries and state franchise and income taxes and gain on disposition of real estate, net of tax | -116,833,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before tax benefit of taxable reit subsidiaries and state franchise and income taxes and gain on disposition of real estate, net of tax | -117,456,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | -26,169,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | -24,522,000 | -152,265,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to redeemable operating partnership units | -1,000 | -6,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests: - sum | 2,337,000 | 2,804,000 | 34,419,000 | 2,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on repurchases of senior notes | 23,881,000 | 45,901,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, impairment of joint venture investments, tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | -90,882,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate, net of tax | -147,778,000 | -261,652,000 | 84,331,000 | 35,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to ddr common shareholders | -148,413,000 | -237,152,000 | 76,834,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 0.02 | 0.2 | 0.2 | 0.69 | 0.69 | 0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, impairment of joint venture investments, tax expense of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | -150,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax expense of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | -199,911,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on repurchases of senior notes | 72,578,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, impairment of joint venture investment, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 72,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of joint venture investment | -875,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 71,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of taxable reit subsidiaries and franchise taxes | 1,025,000 | 16,414,000 | -307,000 | -1,045,000 | -484,000 | 709,000 | 15,053,000 | 315,000 | 2,779,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to redeemable operating partnership units | -6,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 20,810,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 22,791,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority equity interests | -1,263,000 | -1,735,000 | -1,776,000 | -1,405,000 | -1,399,000 | -1,488,000 | -1,749,000 | -1,413,000 | -1,740,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating partnership minority interests | -261,000 | -290,000 | -595,000 | -569,000 | -569,000 | -569,000 | -534,000 | -534,000 | -534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests: - sum | -1,524,000 | -1,974,000 | -7,876,000 | -5,839,000 | -2,283,000 | -1,947,000 | -2,274,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to common shareholders | 27,948,000 | 29,360,000 | 32,857,000 | 32,716,000 | 111,429,000 | 48,744,000 | 49,020,000 | 64,943,000 | 35,935,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority equity interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 27,917,000 | 37,369,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority equity interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 40,472,000 | 44,757,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority equity interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred operating partnership minority interests | -5,908,000 | -3,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority equity interests: - sum | -2,025,000 | -2,371,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management, development and other fee income | 13,827,000 | 11,996,000 | 9,082,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 36,648,000 | 43,445,000 | 38,074,000 | 34,528,000 | 33,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 42,651,000 | 65,047,000 | 44,355,000 | 47,396,000 | 37,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations applicable to common shareholders | 0.27 | 0.78 | 0.39 | 0.42 | 0.59 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate, net of tax of 4.5 million in 2007 | 54,012,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income continuing operations applicable to common shareholders | 0.39 | 0.42 | 0.59 | 0.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ancillary income | 3,365,000 | 3,197,000 | 2,995,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other property related income | 1,470,000 | 1,621,000 | 2,297,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management and other fee income | 7,517,000 | 5,989,000 | 5,694,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development fee income | 849,000 | 607,000 | 666,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 39,756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 45,225,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax of taxable reit subsidiaries and franchise taxes | -449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in net operating revenues | 9,150,000 | 36,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in gain on disposition of real estate | 15,075,000 | 60,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in equity in net income of joint ventures | -2,925,000 | -11,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in interest expense | -4,300,000 | -17,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in depreciation expense | -4,150,000 | -16,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in minority interest expense | -75,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in income tax expense | 125,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in income from discontinued operations | 50,000 | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cumulative effect of adoption of a new accounting standard | 750,000 | 3,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2009-12-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-06-30 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 114,763,000 | 190,585,000 | 204,714,000 | 204,722,000 | 613,990,000 | 766,741,000 | 906,727,000 | 930,540,000 | 1,082,330,000 | 1,094,240,000 | 1,073,726,000 | 1,066,852,000 | 1,095,662,000 | 1,089,401,000 | 1,051,198,000 | 1,011,401,000 | 962,872,000 | 961,551,000 | 947,411,000 | 953,556,000 | 881,543,000 | 881,581,000 | 881,360,000 | 881,397,000 | 857,782,000 | 861,438,000 | 861,730,000 | 873,548,000 | 970,008,000 | 1,667,258,000 | 1,700,502,000 | 1,738,792,000 | 1,903,805,000 | 1,938,589,000 | 1,987,849,000 | 1,990,406,000 | 2,122,070,000 | 2,137,889,000 | 2,145,471,000 | 2,187,720,000 | 2,208,102,000 | 2,195,039,000 | 2,208,468,000 | 2,251,513,000 | 2,213,794,000 | 2,173,601,000 | 2,209,970,000 | 1,902,915,000 | 1,887,999,000 | 1,894,986,000 | 1,900,401,000 | 1,895,867,000 | 1,839,912,000 | 1,843,304,000 | 1,844,125,000 | 1,852,940,000 | 1,843,033,000 | 1,865,716,000 | 1,834,172,000 | 1,971,782,000 | 2,073,947,000 | 2,073,947,000 | 2,099,882,000 | 2,142,942,000 | 2,083,569,000 | 2,118,350,000 | 2,685,499,000 | 1,768,702,000 | 1,769,490,000 | 1,776,488,000 | 1,776,894,000 | 1,517,345,000 | 833,714,000 | |
buildings | 640,700,000 | 907,838,000 | 965,209,000 | 964,845,000 | 1,700,647,000 | 2,709,676,000 | 3,185,457,000 | 3,311,368,000 | 3,717,850,000 | 3,770,497,000 | 3,755,415,000 | 3,733,805,000 | 3,848,821,000 | 3,826,799,000 | 3,718,886,000 | 3,624,164,000 | 3,533,242,000 | 3,510,342,000 | 3,479,583,000 | 3,488,499,000 | 3,312,645,000 | 3,302,821,000 | 3,289,988,000 | 3,277,440,000 | 3,209,229,000 | 3,217,382,000 | 3,215,366,000 | 3,251,030,000 | 3,634,232,000 | 5,439,822,000 | 5,599,708,000 | 5,733,451,000 | 6,002,788,000 | 6,193,366,000 | 6,338,139,000 | 6,412,532,000 | 6,890,141,000 | 6,893,792,000 | 6,908,815,000 | 6,931,911,000 | 6,988,655,000 | 6,933,849,000 | 7,087,040,000 | 7,167,118,000 | 6,996,560,000 | 6,862,392,000 | 6,949,440,000 | 5,970,428,000 | 5,868,717,000 | 5,824,030,000 | 5,773,961,000 | 5,663,951,000 | 5,424,300,000 | 5,445,207,000 | 5,461,122,000 | 5,494,699,000 | 5,506,914,000 | 5,551,683,000 | 5,451,694,000 | 5,694,659,000 | 5,890,332,000 | 5,890,332,000 | 5,958,173,000 | 5,933,890,000 | 5,899,244,000 | 5,955,489,000 | 7,089,914,000 | 5,023,665,000 | 4,987,320,000 | 4,979,519,000 | 4,956,509,000 | 4,665,360,000 | 2,809,436,000 | |
fixtures and tenant improvements | 214,084,000 | 238,653,000 | 254,413,000 | 254,152,000 | 323,926,000 | 460,678,000 | 542,875,000 | 537,872,000 | 597,874,000 | 600,948,000 | 592,009,000 | 576,036,000 | 587,962,000 | 573,740,000 | 563,879,000 | 556,056,000 | 544,374,000 | 526,902,000 | 519,550,000 | 509,866,000 | 501,431,000 | 498,999,000 | 493,371,000 | 491,312,000 | 466,394,000 | 461,187,000 | 450,636,000 | 448,371,000 | 508,270,000 | 701,439,000 | 696,787,000 | 693,280,000 | 673,738,000 | 726,721,000 | 738,741,000 | 735,685,000 | 773,664,000 | 756,617,000 | 744,059,000 | 709,548,000 | 672,612,000 | 643,222,000 | 645,035,000 | 628,407,000 | 621,490,000 | 597,916,000 | 599,221,000 | 542,226,000 | 522,103,000 | 498,390,000 | 489,626,000 | 442,217,000 | 406,988,000 | 389,344,000 | 379,965,000 | 372,670,000 | 360,196,000 | 356,104,000 | 320,067,000 | 287,143,000 | 262,809,000 | 262,809,000 | 259,515,000 | 237,117,000 | 236,167,000 | 226,201,000 | 262,611,000 | 196,275,000 | 191,065,000 | 181,900,000 | 169,870,000 | 135,770,000 | 92,630,000 | |
less: accumulated depreciation | -537,815,000 | -628,703,000 | -665,402,000 | -654,389,000 | -799,336,000 | -1,322,286,000 | -1,575,920,000 | -1,570,377,000 | -1,730,179,000 | -1,724,837,000 | -1,696,184,000 | -1,652,899,000 | -1,672,242,000 | -1,644,345,000 | -1,611,259,000 | -1,571,569,000 | -1,536,248,000 | -1,497,861,000 | -1,463,598,000 | -1,427,057,000 | -1,393,578,000 | -1,358,535,000 | -1,323,390,000 | -1,289,148,000 | -1,255,110,000 | -1,231,448,000 | -1,197,944,000 | -1,172,357,000 | -1,284,446,000 | -1,970,100,000 | -1,963,427,000 | -1,953,479,000 | -1,942,051,000 | -2,001,376,000 | -2,004,413,000 | -1,996,176,000 | -2,174,268,000 | -2,115,084,000 | -2,060,005,000 | -2,038,635,000 | -1,998,760,000 | -1,943,284,000 | -1,909,585,000 | -1,893,315,000 | -1,918,681,000 | -1,854,710,000 | -1,823,199,000 | -1,779,865,000 | -1,757,530,000 | -1,721,378,000 | -1,670,717,000 | -1,628,627,000 | -1,573,528,000 | -1,568,138,000 | -1,550,066,000 | -1,537,709,000 | -1,538,522,000 | -1,500,524,000 | -1,412,607,000 | -1,332,534,000 | -1,208,903,000 | -1,208,903,000 | -1,125,477,000 | -1,024,048,000 | -973,316,000 | -925,976,000 | -910,767,000 | -861,266,000 | -822,074,000 | -783,871,000 | ||||
construction in progress and land | 4,446,000 | 2,671,000 | 2,765,000 | 2,682,000 | 17,887,000 | 34,304,000 | 54,148,000 | 51,379,000 | 62,809,000 | 60,231,000 | 57,276,000 | 56,466,000 | 59,812,000 | 62,830,000 | 56,629,000 | 47,260,000 | 42,143,000 | 43,392,000 | 38,004,000 | 37,467,000 | 52,042,000 | 56,203,000 | 62,250,000 | 59,663,000 | 76,525,000 | 72,124,000 | 55,634,000 | 54,917,000 | 58,717,000 | 83,348,000 | 77,033,000 | 82,480,000 | 116,746,000 | 113,543,000 | 120,808,000 | 105,435,000 | 125,557,000 | 161,663,000 | 174,736,000 | 326,196,000 | 311,005,000 | |||||||||||||||||||||||||||||||||
total real estate assets | 436,178,000 | 711,044,000 | 761,699,000 | 772,012,000 | 1,857,114,000 | 2,649,113,000 | 3,113,287,000 | 3,260,782,000 | 3,730,684,000 | 3,801,079,000 | 3,782,242,000 | 3,780,260,000 | 3,920,015,000 | 3,908,425,000 | 3,779,333,000 | 3,667,312,000 | 3,546,383,000 | 3,544,326,000 | 3,520,950,000 | 3,562,331,000 | 3,354,083,000 | 3,381,069,000 | 3,403,579,000 | 3,420,664,000 | 3,354,820,000 | 3,380,683,000 | 3,385,422,000 | 3,455,509,000 | 3,886,781,000 | 5,921,767,000 | 6,110,603,000 | 6,294,524,000 | 6,755,026,000 | 6,970,843,000 | 7,181,124,000 | 7,247,882,000 | 7,737,164,000 | 7,834,877,000 | 7,913,076,000 | 8,116,740,000 | 8,181,614,000 | 8,104,131,000 | 8,426,200,000 | 8,603,545,000 | 8,433,330,000 | 8,242,712,000 | 8,401,082,000 | 7,139,441,000 | 7,003,912,000 | 6,992,664,000 | 6,968,394,000 | 6,961,667,000 | 6,678,727,000 | 6,693,849,000 | 6,719,063,000 | 6,832,912,000 | 6,880,181,000 | 6,994,378,000 | ||||||||||||||||
investments in and advances to joint ventures | 29,393,000 | 29,895,000 | 30,447,000 | 30,431,000 | 32,179,000 | 32,576,000 | 38,607,000 | 39,372,000 | 40,830,000 | 40,556,000 | 45,577,000 | 44,608,000 | 46,001,000 | 53,025,000 | 57,047,000 | 64,626,000 | 72,684,000 | 75,097,000 | 75,982,000 | 77,297,000 | 175,247,000 | 173,306,000 | 178,983,000 | 294,495,000 | 330,879,000 | 340,881,000 | 302,722,000 | 329,623,000 | 287,870,000 | 321,104,000 | 333,659,000 | 383,813,000 | 434,952,000 | 435,485,000 | 395,362,000 | 454,131,000 | 460,609,000 | 465,389,000 | 466,832,000 | 393,520,000 | 399,218,000 | 410,340,000 | 414,848,000 | 161,737,000 | 199,380,000 | 441,265,000 | 448,008,000 | 631,983,000 | 597,182,000 | 617,010,000 | 613,017,000 | 586,027,000 | 562,413,000 | 363,706,000 | 353,907,000 | 376,613,000 | 415,584,000 | 402,875,000 | 417,750,000 | 420,541,000 | 583,767,000 | 583,767,000 | 689,313,000 | 638,111,000 | 644,318,000 | 636,731,000 | 536,335,000 | 291,685,000 | 133,643,000 | 240,704,000 | 247,944,000 | 291,468,000 | 245,905,000 | 317,385,000 |
cash and cash equivalents | 128,234,000 | 153,789,000 | 58,155,000 | 54,595,000 | 1,063,088,000 | 1,181,292,000 | 551,285,000 | 551,968,000 | 26,560,000 | 28,041,000 | 25,034,000 | 20,254,000 | 20,883,000 | 38,533,000 | 17,188,000 | 41,807,000 | 61,924,000 | 57,945,000 | 190,833,000 | 69,742,000 | 57,224,000 | 128,486,000 | 514,258,000 | 16,080,000 | 23,727,000 | 9,421,000 | 9,611,000 | 11,087,000 | 11,446,000 | 32,067,000 | 16,560,000 | 92,611,000 | 18,268,000 | 414,074,000 | 19,715,000 | 30,430,000 | 20,658,000 | 17,981,000 | 23,720,000 | 21,040,000 | 25,268,000 | 55,993,000 | 20,937,000 | 134,320,000 | 359,340,000 | 163,835,000 | 86,664,000 | 35,351,000 | 41,718,000 | 18,872,000 | 31,174,000 | 20,227,000 | 18,505,000 | 16,088,000 | 41,206,000 | 20,681,000 | 15,425,000 | 21,025,000 | 21,335,000 | 26,172,000 | 29,494,000 | 29,494,000 | 47,847,000 | 49,547,000 | 49,700,000 | 46,019,000 | 79,721,000 | 28,378,000 | 48,431,000 | 43,119,000 | 39,967,000 | 51,428,000 | 22,683,000 | 22,009,000 |
restricted cash | 10,084,000 | 8,733,000 | 11,466,000 | 13,071,000 | 21,038,000 | 4,286,000 | 5,433,000 | 17,063,000 | 36,701,000 | 552,000 | 425,000 | 960,000 | 3,119,000 | 2,647,000 | 2,026,000 | 1,445,000 | 3,414,000 | 3,206,000 | 2,868,000 | 4,672,000 | 289,000 | 198,000 | 106,000 | 3,053,000 | 2,296,000 | 1,744,000 | 2,062,000 | 2,563,000 | 1,827,000 | 74,730,000 | 49,257,000 | 2,113,000 | 1,826,000 | 61,462,000 | 46,587,000 | 8,795,000 | 12,696,000 | 9,173,000 | 10,515,000 | 41,920,000 | 11,417,000 | 8,152,000 | 11,375,000 | 8,250,000 | 31,625,000 | 30,137,000 | 33,476,000 | 25,853,000 | 23,524,000 | 22,498,000 | 23,658,000 | 26,460,000 | 23,791,000 | 23,127,000 | 30,983,000 | 4,006,000 | 4,068,000 | 4,148,000 | 14,383,000 | 95,673,000 | 111,792,000 | 111,792,000 | 49,179,000 | 58,958,000 | 4,800,000 | |||||||||
accounts receivable | 15,824,000 | 19,791,000 | 29,972,000 | 25,437,000 | 38,842,000 | 48,165,000 | 57,159,000 | 65,623,000 | 65,192,000 | 61,376,000 | 59,857,000 | 63,926,000 | 59,446,000 | 54,825,000 | 52,480,000 | 61,382,000 | 59,910,000 | 61,984,000 | 63,760,000 | 73,517,000 | 79,208,000 | 81,184,000 | 56,436,000 | 60,594,000 | 60,655,000 | 63,935,000 | 60,951,000 | 67,335,000 | 74,253,000 | 103,781,000 | 100,464,000 | 108,695,000 | 176,561,000 | 114,449,000 | 117,559,000 | 121,367,000 | 127,249,000 | 124,878,000 | 125,473,000 | 131,209,000 | 128,509,000 | 133,463,000 | 132,661,000 | 129,513,000 | 126,228,000 | 117,463,000 | 146,809,000 | 164,356,000 | 199,354,000 | 152,161,000 | ||||||||||||||||||||||||
amounts receivable from curbline | 313,000 | 347,000 | 215,000 | 1,771,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 33,929,000 | 35,441,000 | 37,801,000 | 36,285,000 | 114,837,000 | 130,133,000 | 126,807,000 | 126,543,000 | 125,155,000 | 129,397,000 | 140,050,000 | 135,009,000 | 147,507,000 | 145,963,000 | 143,407,000 | 130,479,000 | 117,857,000 | 120,830,000 | 130,952,000 | 130,690,000 | 88,041,000 | 94,008,000 | 101,614,000 | 108,631,000 | 120,816,000 | 122,319,000 | 111,510,000 | 96,554,000 | 111,776,000 | 182,068,000 | 214,681,000 | 210,059,000 | 234,473,000 | 254,135,000 | 282,724,000 | 285,410,000 | 317,817,000 | 321,994,000 | 353,419,000 | 375,299,000 | 401,919,000 | 423,968,000 | 451,442,000 | 660,194,000 | 599,283,000 | 607,292,000 | 477,868,000 | 434,658,000 | 395,307,000 | 353,220,000 | 182,150,000 | 292,114,000 | 238,014,000 | 219,897,000 | 67,626,000 | 256,511,000 | 249,410,000 | 237,769,000 | 138,849,000 | 128,790,000 | 293,146,000 | 325,997,000 | 133,494,000 | 342,296,000 | 332,447,000 | 349,563,000 | 79,467,000 | 193,644,000 | 185,064,000 | 167,941,000 | 170,619,000 | 127,437,000 | 122,453,000 | |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
indebtedness | 248,702,000 | 288,442,000 | 301,643,000 | 301,373,000 | 300,842,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts payable to curbline | 28,666,000 | 31,287,000 | 32,579,000 | 33,762,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | 68,301,000 | 73,575,000 | 75,916,000 | 81,723,000 | 171,541,000 | 167,665,000 | 173,242,000 | 195,727,000 | 208,151,000 | 210,927,000 | 195,825,000 | 214,985,000 | 226,952,000 | 215,141,000 | 206,340,000 | 218,779,000 | 213,018,000 | 209,757,000 | 195,050,000 | 215,109,000 | 203,035,000 | 196,745,000 | 186,845,000 | 220,811,000 | 214,430,000 | 211,975,000 | 194,257,000 | 203,662,000 | 214,693,000 | 343,612,000 | 317,916,000 | 344,774,000 | 355,731,000 | 368,412,000 | 369,391,000 | 382,293,000 | 398,829,000 | 398,909,000 | 389,991,000 | 425,507,000 | 450,070,000 | 402,978,000 | 448,192,000 | 459,787,000 | 442,767,000 | 408,017,000 | 415,413,000 | 346,933,000 | 310,048,000 | 290,330,000 | 326,024,000 | 262,726,000 | 226,183,000 | 211,308,000 | 257,821,000 | |||||||||||||||||||
total liabilities | 345,669,000 | 472,358,000 | 410,138,000 | 416,858,000 | 475,172,000 | 1,711,466,000 | 1,768,634,000 | 1,885,808,000 | 1,978,405,000 | 2,036,303,000 | 2,008,174,000 | 1,952,395,000 | 2,079,536,000 | 2,112,740,000 | 1,995,363,000 | 1,924,399,000 | 2,033,826,000 | 2,036,427,000 | 2,003,776,000 | 2,163,461,000 | 1,985,150,000 | 2,088,727,000 | 2,477,603,000 | 2,112,144,000 | 2,092,356,000 | 2,115,491,000 | 2,063,057,000 | 2,133,329,000 | 2,645,101,000 | 4,012,051,000 | 4,138,123,000 | 4,272,635,000 | 4,451,681,000 | 5,011,822,000 | 4,965,719,000 | 4,951,506,000 | 5,440,366,000 | 5,412,794,000 | 5,496,706,000 | 5,717,143,000 | 5,778,118,000 | 5,717,928,000 | 5,757,154,000 | 5,833,007,000 | 5,714,245,000 | 4,992,816,000 | 4,804,443,000 | 4,694,235,000 | 4,613,652,000 | 4,362,820,000 | 4,388,494,000 | 4,498,863,000 | 4,453,214,000 | 4,493,881,000 | 4,707,270,000 | |||||||||||||||||||
commitments and contingencies | 2,333,932,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
site centers equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 75,000,000 shares authorized; 52,467,187 shares issued at both september 30, 2025 and december 31, 2024 | 5,247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 3,981,555,000 | 3,981,212,000 | 3,980,896,000 | 3,981,597,000 | 5,927,905,000 | 5,973,663,000 | 5,971,666,000 | 5,974,904,000 | 5,972,902,000 | 5,971,918,000 | 5,966,089,000 | 5,974,216,000 | 5,974,001,000 | 5,973,435,000 | 5,968,724,000 | 5,934,166,000 | 5,942,466,000 | 5,940,528,000 | 5,933,685,000 | 5,705,164,000 | 5,706,225,000 | 5,704,719,000 | 5,703,521,000 | 5,700,400,000 | 5,547,534,000 | 5,546,407,000 | 5,545,295,000 | 5,544,220,000 | 5,542,949,000 | 5,543,006,000 | 5,522,874,000 | 5,513,197,000 | 5,505,855,000 | 5,499,103,000 | 5,497,660,000 | 5,487,212,000 | 5,480,292,000 | 5,473,632,000 | ||||||||||||||||||||||||||||||||||||
accumulated distributions in excess of net income | -3,680,364,000 | -3,502,923,000 | -3,470,373,000 | -3,473,458,000 | -3,460,210,000 | -3,780,374,000 | -3,988,449,000 | -3,934,736,000 | -4,067,355,000 | -4,085,897,000 | -4,061,167,000 | -4,046,370,000 | -4,044,178,000 | -4,079,844,000 | -4,109,540,000 | -4,092,783,000 | -4,123,534,000 | -4,123,347,000 | -4,111,779,000 | -4,099,534,000 | -4,083,405,000 | -4,085,559,000 | -4,075,813,000 | -4,066,099,000 | -4,037,373,000 | -4,016,360,000 | -3,988,996,000 | -3,980,151,000 | -4,115,736,000 | -3,397,993,000 | -3,315,974,000 | -3,183,134,000 | -2,886,547,000 | -2,809,110,000 | -2,761,977,000 | -2,632,327,000 | -2,590,837,000 | -2,455,319,000 | -2,421,296,000 | -2,416,655,000 | -2,408,151,000 | -2,358,864,000 | -2,047,212,000 | -1,975,043,000 | -1,982,326,000 | -1,994,590,000 | -1,915,638,000 | -1,867,741,000 | -1,817,540,000 | -1,738,333,000 | -1,694,822,000 | -1,650,608,000 | -1,627,030,000 | -1,548,678,000 | -1,493,353,000 | -1,469,432,000 | -1,402,858,000 | -1,365,039,000 | -1,278,423,000 | -1,098,661,000 | -608,675,000 | -635,239,000 | -363,424,000 | -260,018,000 | -213,358,000 | -164,989,000 | -193,971,000 | -159,615,000 | -143,510,000 | -128,285,000 | -128,506,000 | -59,154,000 | -116,479,000 | |
deferred compensation obligation | 7,996,000 | 8,041,000 | 4,968,000 | 4,937,000 | 5,052,000 | 5,167,000 | 5,053,000 | 4,941,000 | 5,055,000 | 5,025,000 | 4,865,000 | 4,703,000 | 4,671,000 | 4,695,000 | 4,590,000 | 4,484,000 | 4,511,000 | 5,479,000 | 5,442,000 | 5,434,000 | 5,994,000 | 7,929,000 | 8,070,000 | 8,046,000 | 7,954,000 | 8,193,000 | 8,474,000 | 7,718,000 | 7,668,000 | 8,777,000 | 10,381,000 | 10,254,000 | 10,083,000 | 15,149,000 | 15,332,000 | 15,425,000 | 15,471,000 | 15,516,000 | 16,980,000 | 17,001,000 | 16,609,000 | 17,057,000 | 16,961,000 | 16,664,000 | 16,702,000 | 16,492,000 | 16,442,000 | 15,532,000 | 15,556,000 | 14,094,000 | 13,824,000 | 13,374,000 | 13,934,000 | 12,781,000 | 12,661,000 | 12,571,000 | 12,984,000 | 17,838,000 | 13,882,000 | 13,882,000 | 22,864,000 | 22,862,000 | ||||||||||||
accumulated other comprehensive income | 2,894,000 | 4,192,000 | 4,893,000 | 5,472,000 | 6,113,000 | 8,572,000 | 8,723,000 | 6,121,000 | 12,055,000 | 10,125,000 | 5,838,000 | 9,038,000 | 9,782,000 | 188,000 | -30,875,000 | 3,720,000 | -1,403,000 | 1,885,000 | 34,410,000 | 27,707,000 | 14,283,000 | 9,549,000 | -49,849,000 | -49,849,000 | 22,832,000 | 8,965,000 | 21,403,000 | 26,008,000 | 12,838,000 | 7,829,000 | 6,204,000 | 11,871,000 | 9,664,000 | 9,611,000 | ||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 22,289 and 282,061 shares at september 30, 2025 and december 31, 2024, respectively | -1,046,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 308,286,000 | 486,682,000 | 519,617,000 | 516,744,000 | 2,651,926,000 | 2,334,099,000 | 2,123,944,000 | 2,175,543,000 | 2,046,717,000 | 2,024,698,000 | 2,045,011,000 | 2,092,622,000 | 2,117,435,000 | 2,090,678,000 | 2,056,118,000 | 2,042,652,000 | 2,018,467,000 | 2,017,031,000 | 2,171,604,000 | 1,944,823,000 | 1,959,712,000 | 1,959,804,000 | 1,967,478,000 | 1,981,478,000 | 2,007,505,000 | 2,027,251,000 | 2,052,966,000 | 2,073,002,000 | 1,974,991,000 | 2,692,338,000 | 2,772,323,000 | 2,897,438,000 | 3,189,016,000 | 3,258,216,000 | 3,127,247,000 | 3,246,012,000 | 3,280,650,000 | 3,408,792,000 | 3,438,921,000 | 3,438,336,000 | 3,447,469,000 | 3,493,182,000 | 3,797,528,000 | 3,868,537,000 | 3,848,814,000 | 3,849,941,000 | 3,927,879,000 | 3,352,327,000 | 3,328,276,000 | 3,367,587,000 | 3,366,460,000 | 3,335,956,000 | 3,221,128,000 | 3,023,277,000 | 3,077,892,000 | 3,104,318,000 | 3,213,650,000 | 3,287,649,000 | 3,169,182,000 | 2,952,336,000 | 2,864,794,000 | |||||||||||||
revenues from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental income | 24,203,000 | 30,662,000 | 31,450,000 | 269,286,000 | 89,017,000 | 113,480,000 | 119,592,000 | 537,066,000 | 142,498,000 | 135,954,000 | 135,872,000 | 537,106,000 | 135,123,000 | 136,203,000 | 129,884,000 | 490,799,000 | 120,569,000 | 126,230,000 | 119,890,000 | 414,864,000 | 95,874,000 | 98,079,000 | 112,529,000 | 443,421,000 | 108,060,000 | 112,274,000 | 112,221,000 | |||||||||||||||||||||||||||||||||||||||||||||||
fee and other income | 2,897,000 | 2,808,000 | 11,173,000 | 8,181,000 | 1,746,000 | 2,191,000 | 2,499,000 | 9,209,000 | 2,261,000 | 2,204,000 | 2,820,000 | 15,247,000 | 3,720,000 | 4,479,000 | 4,436,000 | 42,065,000 | 13,872,000 | 9,238,000 | 8,249,000 | 45,469,000 | 9,680,000 | 9,492,000 | 16,781,000 | 63,682,000 | 13,580,000 | 16,383,000 | 18,801,000 | 63,149,000 | 17,601,000 | 14,727,000 | 13,019,000 | 61,135,000 | 21,115,000 | 14,108,000 | 14,017,000 | 58,568,000 | 15,020,000 | 16,227,000 | 13,521,000 | 13,862,000 | 14,567,000 | 12,663,000 | 60,901,000 | 14,992,000 | 16,613,000 | 16,461,000 | 76,033,000 | 19,386,000 | 22,566,000 | 17,067,000 | 78,261,000 | 22,480,000 | 18,069,000 | 18,534,000 | 83,403,000 | 21,295,000 | 20,080,000 | 20,041,000 | ||||||||||||||||
rental operation expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating and maintenance | 5,505,000 | 6,457,000 | 7,132,000 | 55,372,000 | 16,185,000 | 19,251,000 | 20,544,000 | 88,959,000 | 20,986,000 | 22,476,000 | 23,166,000 | 89,278,000 | 22,314,000 | 22,278,000 | 21,936,000 | 76,716,000 | 18,562,000 | 19,422,000 | 20,216,000 | 68,801,000 | 15,775,000 | 16,519,000 | 18,480,000 | 71,355,000 | 16,738,000 | 18,743,000 | 18,841,000 | 104,232,000 | 18,386,000 | 31,149,000 | 29,757,000 | 122,315,000 | 28,950,000 | 32,150,000 | 32,991,000 | 131,177,000 | 31,269,000 | 34,588,000 | 36,508,000 | 35,963,000 | 36,029,000 | 38,726,000 | 142,336,000 | 37,311,000 | 35,436,000 | 38,201,000 | 137,979,000 | 34,728,000 | 34,290,000 | 33,659,000 | 128,821,000 | 32,389,000 | 30,979,000 | 34,343,000 | 135,708,000 | 34,027,000 | 36,746,000 | 38,104,000 | 33,676,000 | 144,842,000 | 146,346,000 | 34,572,000 | 34,985,000 | 133,334,000 | 33,270,000 | 35,092,000 | 28,946,000 | 113,468,000 | 28,181,000 | 28,582,000 | 25,914,000 | 25,131,000 | 16,265,000 | |
real estate taxes | 3,895,000 | 4,690,000 | 4,721,000 | 40,292,000 | 12,170,000 | 16,148,000 | 16,738,000 | 76,762,000 | 20,543,000 | 20,279,000 | 20,053,000 | 80,706,000 | 20,423,000 | 20,624,000 | 20,183,000 | 76,071,000 | 19,160,000 | 19,535,000 | 19,664,000 | 69,601,000 | 16,542,000 | 17,348,000 | 17,657,000 | 68,308,000 | 16,721,000 | 17,798,000 | 17,743,000 | 103,760,000 | 21,211,000 | 30,478,000 | 32,023,000 | 128,602,000 | 30,618,000 | 33,744,000 | 34,329,000 | 145,907,000 | 36,900,000 | 37,276,000 | 36,534,000 | 37,385,000 | 37,797,000 | 37,629,000 | 138,771,000 | 35,681,000 | 36,578,000 | 35,742,000 | 117,374,000 | 28,541,000 | 27,677,000 | 27,940,000 | 104,256,000 | 25,795,000 | 25,631,000 | 25,559,000 | 100,089,000 | 26,465,000 | 27,091,000 | 26,841,000 | 29,518,000 | 109,627,000 | 110,773,000 | 26,872,000 | 28,138,000 | 108,977,000 | 26,772,000 | 30,771,000 | 27,317,000 | 95,620,000 | 25,101,000 | 23,003,000 | 23,124,000 | 21,668,000 | 15,870,000 | |
impairment charges | 106,570,000 | 66,600,000 | 66,600,000 | 2,536,000 | 2,536,000 | 7,270,000 | 7,270,000 | 5,200,000 | 3,370,000 | 2,750,000 | 620,000 | 69,324,000 | 19,890,000 | 18,060,000 | 30,444,000 | 340,480,000 | 10,284,000 | 28,096,000 | 21,973,000 | 110,906,000 | 104,877,000 | 279,021,000 | 29,175,000 | 1,813,000 | 14,342,000 | 10,841,000 | 44,989,000 | 24,136,000 | 34,439,000 | 6,926,000 | 105,395,000 | 8,258,000 | 80,227,000 | 13,517,000 | 101,815,000 | 51,245,000 | 18,352,000 | 3,856,000 | 5,063,000 | 80,641,000 | 79,864,000 | |||||||||||||||||||||||||||||||||
general and administrative | 10,295,000 | 9,418,000 | 9,395,000 | 47,080,000 | 15,111,000 | 12,713,000 | 11,072,000 | 50,867,000 | 11,259,000 | 14,031,000 | 10,645,000 | 46,564,000 | 10,799,000 | 11,353,000 | 12,251,000 | 55,052,000 | 11,727,000 | 12,425,000 | 17,395,000 | 52,881,000 | 13,664,000 | 13,502,000 | 11,376,000 | 58,384,000 | 15,304,000 | 14,932,000 | 14,112,000 | 61,639,000 | 15,232,000 | 20,187,000 | 16,115,000 | 89,854,000 | 16,425,000 | 22,756,000 | 31,072,000 | 76,101,000 | 18,785,000 | 18,499,000 | 17,876,000 | 17,596,000 | 19,271,000 | 18,595,000 | 84,484,000 | 19,540,000 | 19,085,000 | 20,253,000 | 79,556,000 | 19,246,000 | 20,117,000 | 19,760,000 | 76,444,000 | 18,547,000 | 19,131,000 | 19,012,000 | 85,221,000 | 17,954,000 | 17,979,000 | 29,378,000 | 20,180,000 | 94,365,000 | 97,719,000 | 19,560,000 | 21,333,000 | 81,244,000 | 19,626,000 | 19,161,000 | 21,518,000 | 60,679,000 | 14,974,000 | 15,422,000 | 15,410,000 | 13,643,000 | 10,444,000 | |
depreciation and amortization | 10,768,000 | 12,921,000 | 13,252,000 | 101,344,000 | 34,251,000 | 40,439,000 | 43,150,000 | 212,460,000 | 52,821,000 | 58,698,000 | 54,016,000 | 203,546,000 | 51,179,000 | 51,021,000 | 50,364,000 | 185,768,000 | 44,669,000 | 47,217,000 | 45,560,000 | 170,669,000 | 41,148,000 | 40,873,000 | 42,993,000 | 165,087,000 | 40,732,000 | 40,060,000 | 42,608,000 | 242,102,000 | 49,629,000 | 72,462,000 | 74,424,000 | 346,204,000 | 85,210,000 | 90,276,000 | 90,884,000 | 389,519,000 | 95,451,000 | 97,698,000 | 96,902,000 | 97,155,000 | 99,300,000 | 103,015,000 | 402,825,000 | 99,480,000 | 99,826,000 | 108,762,000 | 318,076,000 | 74,141,000 | 69,887,000 | 68,980,000 | 248,781,000 | 61,276,000 | 63,561,000 | 60,306,000 | 222,655,000 | 56,249,000 | 56,750,000 | 56,042,000 | 54,903,000 | 227,185,000 | 242,032,000 | 60,031,000 | 59,809,000 | 219,101,000 | 56,565,000 | 54,772,000 | 54,444,000 | 192,219,000 | 48,835,000 | 47,969,000 | 46,943,000 | 41,397,000 | 25,101,000 | |
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -3,975,000 | -5,314,000 | -5,565,000 | -59,463,000 | -16,706,000 | -18,426,000 | -18,913,000 | -82,002,000 | -21,147,000 | -20,921,000 | -19,923,000 | -77,692,000 | -20,139,000 | -18,909,000 | -18,258,000 | -76,383,000 | -19,170,000 | -19,136,000 | -19,395,000 | -77,604,000 | -18,089,000 | -19,811,000 | -20,587,000 | -84,721,000 | -21,160,000 | -21,087,000 | -21,726,000 | -141,305,000 | -26,962,000 | -44,913,000 | -44,040,000 | -188,647,000 | -46,296,000 | -48,908,000 | -51,827,000 | -217,589,000 | -53,940,000 | -54,012,000 | -57,897,000 | -58,217,000 | -61,287,000 | -63,020,000 | -237,120,000 | -58,115,000 | -62,573,000 | -62,881,000 | -228,869,000 | -57,936,000 | -55,816,000 | -54,894,000 | -221,424,000 | -55,245,000 | -54,617,000 | -56,746,000 | -229,718,000 | -58,169,000 | -59,579,000 | -60,243,000 | -53,774,000 | -237,943,000 | -244,212,000 | -61,713,000 | -61,174,000 | -261,318,000 | -62,524,000 | -74,462,000 | -63,550,000 | -221,525,000 | -55,386,000 | -55,829,000 | -54,000,000 | -41,964,000 | ||
interest income | 1,411,000 | 722,000 | 361,000 | 31,620,000 | 13,997,000 | 8,550,000 | 7,294,000 | 11,888,000 | 3,445,000 | 3,550,000 | 3,485,000 | 18,009,000 | 4,616,000 | 4,521,000 | 4,521,000 | 20,437,000 | 5,055,000 | 5,016,000 | 5,341,000 | 28,364,000 | 6,807,000 | 7,166,000 | 8,392,000 | 37,054,000 | 9,304,000 | 9,446,000 | 9,050,000 | 7,331,000 | 7,211,000 | 7,161,000 | 15,927,000 | 2,652,000 | 3,158,000 | 3,127,000 | 23,539,000 | 6,691,000 | 5,797,000 | 7,877,000 | 15,799,000 | 5,661,000 | 2,328,000 | 1,841,000 | 9,832,000 | 2,459,000 | 2,417,000 | 2,796,000 | 1,614,000 | 12,109,000 | 5,473,000 | 1,660,000 | 552,000 | 8,808,000 | 1,569,000 | 2,500,000 | 3,695,000 | 9,113,000 | 1,602,000 | 2,863,000 | 3,121,000 | 1,009,000 | 1,360,000 | |||||||||||||
gain on derivative instruments | -4,412,000 | 754,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt extinguishment costs | -576,000 | -504,000 | -42,822,000 | -32,559,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction costs and other income | -797,000 | -2,184,000 | -23,847,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before earnings from discontinued operations, equity method investments and other items | -113,870,000 | -6,485,000 | 2,166,000 | -109,445,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income of joint ventures | -499,000 | -68,000 | 39,000 | 82,000 | 328,000 | 61,000 | 17,000 | 6,577,000 | 518,000 | 4,618,000 | 1,359,000 | 27,892,000 | 25,918,000 | 1,381,000 | 169,000 | 47,297,000 | 1,824,000 | 4,850,000 | 4,385,000 | 1,516,000 | 250,000 | -1,513,000 | 2,171,000 | 11,519,000 | 2,612,000 | 1,791,000 | 1,043,000 | 9,365,000 | -2,920,000 | 3,821,000 | 8,786,000 | 8,837,000 | 4,811,000 | -717,000 | -1,665,000 | 15,699,000 | -1,457,000 | 1,117,000 | 14,421,000 | 648,000 | 1,642,000 | 61,000 | 10,989,000 | 3,620,000 | 1,131,000 | 5,490,000 | 6,819,000 | 3,780,000 | -1,191,000 | 2,954,000 | 35,250,000 | 5,486,000 | 3,232,000 | 8,248,000 | 13,734,000 | -2,590,000 | 16,567,000 | 1,974,000 | -4,801,000 | -9,733,000 | 17,719,000 | 1,981,000 | 12,555,000 | 43,229,000 | 6,003,000 | 21,602,000 | 6,281,000 | 30,337,000 | 12,868,000 | 4,619,000 | 5,469,000 | 6,510,000 | 18,221,000 | |
gain on disposition of real estate | 108,401,000 | 53,236,000 | 1,029,000 | 633,219,000 | 368,139,000 | 233,316,000 | 31,714,000 | 219,026,000 | 31,047,000 | -22,000 | 205,000 | 46,644,000 | 26,837,000 | 4,597,000 | 6,065,000 | 5,871,000 | 218,000 | -20,000 | 1,069,000 | 218,000 | 2,000 | 773,000 | 31,380,000 | 14,497,000 | 213,000 | 16,377,000 | 225,406,000 | 124,000 | 29,508,000 | 10,011,000 | 161,164,000 | 44,291,000 | 44,599,000 | 38,127,000 | 73,386,000 | 21,368,000 | 13,721,000 | 12,381,000 | 68,851,000 | -310,000 | 10,815,000 | 2,819,000 | 72,023,000 | 13,962,000 | ||||||||||||||||||||||||||||||
income before tax expense | -5,968,000 | 46,683,000 | 3,234,000 | 526,525,000 | 323,152,000 | 238,526,000 | -23,300,000 | 267,766,000 | 48,878,000 | 5,715,000 | 15,515,000 | 169,608,000 | 66,471,000 | 60,762,000 | 14,207,000 | 126,966,000 | 28,359,000 | 22,477,000 | 16,546,000 | 37,721,000 | 7,687,000 | -4,061,000 | 34,861,000 | 102,484,000 | 24,150,000 | 17,843,000 | 36,367,000 | 116,967,000 | -8,578,000 | -31,750,000 | -63,926,000 | -391,878,000 | -33,793,000 | -14,248,000 | -91,932,000 | -10,406,000 | -81,046,000 | 27,892,000 | 33,950,000 | |||||||||||||||||||||||||||||||||||
tax expense of taxable reit subsidiary and state franchise and income taxes | -190,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | -6,158,000 | 46,504,000 | 3,085,000 | 525,764,000 | -8,816,000 | -32,141,000 | -63,908,000 | -404,296,000 | -43,060,000 | -14,721,000 | -92,155,000 | -12,187,000 | -81,444,000 | 27,647,000 | 33,492,000 | 18,030,000 | 7,780,000 | -268,008,000 | 21,107,000 | 6,313,000 | 68,780,000 | -28,218,000 | 1,887,000 | -11,577,000 | -19,288,000 | 6,241,000 | -14,776,000 | 27,006,000 | -46,415,000 | -11,966,000 | -42,582,000 | -48,043,000 | -6,455,000 | 37,925,000 | -17,467,000 | -317,107,000 | -61,317,000 | 33,320,000 | 38,140,000 | 186,754,000 | 40,193,000 | 57,880,000 | 53,569,000 | 167,619,000 | 45,428,000 | 38,798,000 | 42,502,000 | 40,891,000 | 50,120,000 | |||||||||||||||||||||||||
income from discontinued operations | 6,060,000 | 89,398,000 | 57,906,000 | 6,643,000 | 10,930,000 | -11,735,000 | 9,443,000 | -2,305,000 | 310,000 | -16,416,000 | -401,000 | 3,801,000 | -3,580,000 | 16,106,000 | -5,226,000 | -9,124,000 | -1,685,000 | -4,548,000 | -71,620,000 | 1,409,000 | 3,133,000 | -199,000 | 8,183,000 | -291,000 | 4,730,000 | 138,000 | 2,571,000 | 253,000 | -703,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income | -6,158,000 | 46,504,000 | 3,085,000 | 531,824,000 | -23,552,000 | 265,721,000 | 48,642,000 | 5,353,000 | 15,302,000 | 168,792,000 | 66,213,000 | 60,409,000 | 13,955,000 | 125,416,000 | 28,157,000 | 21,987,000 | 16,181,000 | 36,590,000 | 7,403,000 | -4,403,000 | 34,628,000 | 101,825,000 | 23,901,000 | 17,537,000 | 36,095,000 | 116,105,000 | -8,692,000 | -2,633,000 | -53,897,000 | -243,132,000 | 1,231,000 | 29,878,000 | -54,028,000 | 61,199,000 | -60,076,000 | 41,368,000 | 45,873,000 | 59,823,000 | 19,047,000 | -242,914,000 | 113,565,000 | 66,481,000 | 76,895,000 | -18,378,000 | -9,381,000 | -205,000 | -23,118,000 | 6,494,000 | -25,329,000 | 26,866,000 | -37,380,000 | -14,881,000 | -19,397,000 | -46,682,000 | -13,269,000 | 35,379,000 | -15,760,000 | -403,627,000 | -57,776,000 | 36,829,000 | 39,927,000 | 276,047,000 | 43,283,000 | 127,437,000 | 62,536,000 | 253,264,000 | 62,812,000 | 78,735,000 | 49,727,000 | 105,550,000 | 50,786,000 | |||
preferred dividends | -9,638,000 | -2,789,000 | -2,789,000 | -2,789,000 | -11,156,000 | -2,789,000 | -2,789,000 | -2,789,000 | -11,156,000 | -2,789,000 | -2,789,000 | -2,789,000 | -13,656,000 | -2,789,000 | -2,945,000 | -5,133,000 | -20,531,000 | -5,133,000 | -5,133,000 | -5,133,000 | -32,231,000 | -8,382,000 | -8,383,000 | -8,383,000 | -33,531,000 | -8,382,000 | -8,383,000 | -8,383,000 | -28,759,000 | -8,383,000 | -6,399,000 | -5,594,000 | -22,375,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -5,594,000 | -24,054,000 | -5,594,000 | -6,259,000 | -6,608,000 | -27,721,000 | -6,608,000 | -7,475,000 | -7,030,000 | -28,645,000 | -7,681,000 | -6,967,000 | -6,967,000 | -31,587,000 | -6,967,000 | -7,085,000 | -10,567,000 | -10,567,000 | 42,269,000 | 42,269,000 | 10,567,000 | 10,567,000 | 50,934,000 | 10,567,000 | 16,008,000 | 13,792,000 | 55,169,000 | |||||||||
net income attributable to common shareholders | -6,158,000 | 46,504,000 | 3,085,000 | 516,031,000 | 320,164,000 | 235,456,000 | -26,341,000 | 254,547,000 | 45,853,000 | 2,564,000 | 12,495,000 | 157,563,000 | 63,406,000 | 57,601,000 | 11,148,000 | 106,123,000 | 25,275,000 | 13,768,000 | 10,875,000 | 15,190,000 | 2,154,000 | -9,746,000 | 29,200,000 | 61,292,000 | 15,248,000 | 8,894,000 | 27,407,000 | 80,903,000 | -17,313,000 | -11,712,000 | -62,536,000 | -270,444,000 | -7,400,000 | 23,212,000 | -59,835,000 | 37,637,000 | -65,954,000 | 35,464,000 | 39,979,000 | 53,961,000 | 13,004,000 | -249,381,000 | 91,285,000 | |||||||||||||||||||||||||||||||
per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total | -130 | 880 | 60 | 9,810 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payable | 79,054,000 | 2,789,000 | 30,170,000 | 30,161,000 | 63,806,000 | 30,100,000 | 30,083,000 | 30,081,000 | 30,389,000 | 30,528,000 | 30,695,000 | 30,694,000 | 28,243,000 | 28,251,000 | 28,248,000 | 28,263,000 | 14,844,000 | 5,133,000 | 5,133,000 | 44,047,000 | 44,036,000 | 44,643,000 | 44,641,000 | 44,636,000 | 45,262,000 | 45,406,000 | 78,690,000 | 78,687,000 | 78,549,000 | 78,419,000 | 76,744,000 | 75,402,000 | 75,245,000 | 75,158,000 | 75,078,000 | 75,042,000 | 68,059,000 | 67,884,000 | 67,865,000 | 61,468,000 | 61,323,000 | 61,302,000 | 62,312,000 | 55,107,000 | 49,826,000 | 49,971,000 | 49,813,000 | 44,210,000 | 43,238,000 | 40,852,000 | 40,269,000 | 29,128,000 | 23,585,000 | 18,034,000 | 18,409,000 | 12,044,000 | 10,985,000 | 6,967,000 | 6,967,000 | 89,951,000 | 85,851,000 | 88,052,000 | 89,451,000 | 90,067,000 | 71,269,000 | 71,211,000 | 71,690,000 | 71,651,000 | 65,589,000 | 43,672,000 | 35,197,000 | |||
common shares, with par value, 0.10 stated value; 75,000,000 shares authorized; 52,467,187 shares issued at both june 30, 2025 and december 31, 2024 | 5,247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 22,289 and 282,061 shares at june 30, 2025 and december 31, 2024, respectively | -1,046,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt retirement | 1,037,000 | 277,000 | 760,000 | -13,495,000 | -89,000 | -134,000 | 333,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on derivative instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -1,373,000 | -753,000 | -13,971,000 | -4,063,000 | 3,189,000 | -690,000 | -634,000 | -687,000 | -2,540,000 | -501,000 | -1,147,000 | -504,000 | -1,185,000 | -524,000 | -324,000 | -366,000 | -18,400,000 | -186,000 | -612,000 | -17,409,000 | 357,000 | -322,000 | -85,000 | 153,000 | -110,895,000 | -1,454,000 | -36,255,000 | -61,607,000 | -68,003,000 | -64,340,000 | -954,000 | -4,000 | 3,322,000 | -384,000 | 2,081,000 | 1,773,000 | -240,000 | 2,368,000 | -3,428,000 | -12,262,000 | -2,758,000 | -4,510,000 | -4,613,000 | -6,629,000 | -2,282,000 | 1,895,000 | -2,901,000 | -17,880,000 | -1,884,000 | -3,657,000 | -1,602,000 | -5,002,000 | 182,000 | -6,347,000 | 1,341,000 | -3,899,000 | -29,412,000 | -15,819,000 | -6,859,000 | 98,000 | -3,019,000 | -225,000 | -225,000 | -225,000 | -446,000 | -203,000 | 1,167,000 | -500,000 | -300,000 | |||||
gain on sale and change in control of interest | 2,669,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax expense of taxable reit subsidiaries and state franchise and income taxes | -179,000 | -149,000 | -761,000 | -199,000 | -281,000 | -252,000 | -2,045,000 | -236,000 | -362,000 | -213,000 | -816,000 | -258,000 | -353,000 | -252,000 | -1,550,000 | -202,000 | -490,000 | -365,000 | -1,131,000 | -284,000 | -342,000 | -233,000 | -659,000 | -249,000 | -306,000 | -862,000 | -238,000 | -391,000 | -12,418,000 | -9,267,000 | -473,000 | -223,000 | -1,781,000 | -398,000 | -245,000 | -458,000 | -573,000 | -4,900,000 | -1,855,000 | -649,000 | -688,000 | -2,713,000 | -406,000 | -1,716,000 | -367,000 | -1,160,000 | -264,000 | -371,000 | -179,000 | -299,000 | -326,000 | -1,120,000 | ||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 75,000,000 shares authorized; 52,467,187 shares issued at both march 31, 2025 and december 31, 2024 | 5,247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 266,656 and 282,061 shares at march 31, 2025 and december 31, 2024, respectively | -9,042,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets related to discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities related to discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 75,000,000 shares authorized; 52,467,187 and 53,593,458 shares issued at december 31, 2024 and december 31, 2023, respectively | 5,247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 282,061 and 1,335,163 shares at december 31, 2024 and december 31, 2023, respectively | -10,155,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale and change in control of interests | 2,669,000 | 3,749,000 | 3,749,000 | 45,581,000 | 19,185,000 | 45,464,000 | 368,000 | -1,087,000 | -6,507,000 | 87,996,000 | 3,984,000 | 83,830,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to non-controlling interests | -18,000 | -18,000 | -73,000 | -18,000 | -19,000 | -18,000 | -481,000 | -93,000 | -118,000 | -173,000 | -869,000 | -116,000 | -210,000 | -295,000 | -271,000 | -260,000 | -305,000 | -239,000 | -696,000 | -256,000 | -248,000 | -267,000 | -213,000 | -284,000 | -310,000 | -300,000 | -449,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to site centers | 531,824,000 | 322,953,000 | 238,245,000 | -23,552,000 | 265,703,000 | 48,642,000 | 5,353,000 | 15,284,000 | 168,719,000 | 66,195,000 | 60,390,000 | 13,937,000 | 124,935,000 | 28,064,000 | 21,869,000 | 16,008,000 | 35,721,000 | 7,287,000 | -4,613,000 | 34,333,000 | 100,699,000 | 23,630,000 | 17,277,000 | 35,790,000 | 114,434,000 | -8,931,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
write-off of preferred share original issuance costs | -6,155,000 | -5,156,000 | -5,156,000 | -7,176,000 | -1,943,000 | -1,943,000 | -5,246,000 | -5,246,000 | -5,804,000 | -5,804,000 | -6,402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2024 and december 31, 2023 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 75,000,000 shares authorized; 52,467,187 and 52,393,384 shares issued at september 30, 2024 and december 31, 2023, respectively | 5,247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 105,895 and 73,701 shares at september 30, 2024 and december 31, 2023, respectively | -7,097,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before earnings from equity method investments and other items | -45,315,000 | 2,480,000 | -55,031,000 | 38,414,000 | 17,313,000 | 1,119,000 | 10,202,000 | 49,491,000 | 13,488,000 | 12,814,000 | 10,824,000 | 54,419,000 | 20,629,000 | 17,409,000 | -1,727,000 | 9,065,000 | 3,595,000 | 2,456,000 | 4,293,000 | 75,129,000 | 13,414,000 | 20,473,000 | 20,046,000 | -106,382,000 | -3,457,000 | -37,196,000 | -68,751,000 | -340,083,000 | -53,981,000 | -13,531,000 | -14,267,000 | -25,018,000 | -78,502,000 | 26,775,000 | 19,529,000 | 17,910,000 | 13,218,000 | -277,448,000 | -45,371,000 | -1,503,000 | -15,532,000 | -23,920,000 | -21,145,000 | -14,951,000 | -17,447,000 | 3,654,000 | -100,322,000 | 7,250,000 | -88,624,000 | -19,475,000 | -77,521,000 | -45,154,000 | -21,932,000 | 14,583,000 | ||||||||||||||||||||
basic | 6,090 | 1,120 | -130 | 1,210 | 220 | 10 | 60 | 740 | 300 | 270 | 50 | 510 | 120 | 60 | 50 | 80 | 10 | -50 | 150 | 330 | 80 | 50 | 150 | 430 | -90 | -70 | -170 | -740 | -20 | 60 | -160 | 100 | -180 | 100 | 110 | |||||||||||||||||||||||||||||||||||||||
diluted | 6,070 | 1,110 | -130 | 1,210 | 220 | 10 | 60 | 730 | 300 | 270 | 50 | 510 | 120 | 60 | 50 | 80 | 10 | -50 | 150 | 330 | 80 | 50 | 150 | 430 | -90 | -70 | -170 | -740 | -20 | 60 | -160 | 100 | -180 | 100 | 110 | |||||||||||||||||||||||||||||||||||||||
unsecured indebtedness: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior notes | 1,216,029,000 | 1,242,191,000 | 1,303,243,000 | 1,368,282,000 | 1,367,775,000 | 1,454,462,000 | 1,453,923,000 | 1,453,384,000 | 1,452,846,000 | 1,452,307,000 | 1,451,768,000 | 1,451,229,000 | 1,450,691,000 | 1,450,152,000 | 1,449,613,000 | 1,449,075,000 | 1,448,536,000 | 1,447,997,000 | 1,647,963,000 | 1,647,474,000 | 1,646,985,000 | 1,646,496,000 | 1,646,007,000 | 1,896,458,000 | 1,918,263,000 | 1,917,833,000 | 2,810,100,000 | 2,809,404,000 | 3,060,345,000 | 2,914,186,000 | 2,913,217,000 | 2,912,247,000 | 2,911,277,000 | 2,910,307,000 | 3,118,656,000 | 3,115,459,000 | 3,265,294,000 | 2,765,893,000 | 2,762,893,000 | 2,759,931,000 | 2,757,007,000 | 2,754,120,000 | 2,453,336,000 | 2,450,592,000 | 2,149,724,000 | 2,147,097,000 | 1,980,430,000 | 1,977,512,000 | 1,938,255,000 | 2,139,718,000 | 2,158,931,000 | 2,256,598,000 | 2,345,533,000 | 1,746,387,000 | 1,689,841,000 | 2,452,741,000 | 2,402,032,000 | 2,519,225,000 | 2,622,219,000 | 2,624,003,000 | 2,718,788,000 | 2,718,624,000 | 2,218,020,000 | |||||||||||
term loan | 199,023,000 | 198,940,000 | 198,856,000 | 198,772,000 | 198,689,000 | 198,605,000 | 198,521,000 | 198,437,000 | 198,354,000 | 99,854,000 | 99,810,000 | 99,767,000 | 99,723,000 | 99,679,000 | 99,635,000 | 99,591,000 | 99,548,000 | 99,504,000 | 99,460,000 | 99,417,000 | 49,698,000 | 500,000,000 | 500,000,000 | 500,000,000 | 550,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility | 135,000,000 | 175,000,000 | 75,000,000 | 775,028,000 | 1,027,183,000 | 709,459,000 | 297,500,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage indebtedness | 98,579,000 | 124,100,000 | 124,176,000 | 38,100,000 | 53,829,000 | 54,201,000 | 54,577,000 | 90,235,000 | 90,704,000 | 91,168,000 | 125,799,000 | 241,561,000 | 248,008,000 | 230,632,000 | 249,260,000 | 53,316,000 | 53,765,000 | 54,210,000 | 94,874,000 | 86,392,000 | 87,192,000 | 87,992,000 | 88,743,000 | 185,004,000 | 1,428,025,000 | 1,505,235,000 | 641,082,000 | 750,269,000 | 908,055,000 | 918,331,000 | 982,509,000 | 1,146,154,000 | 1,164,819,000 | 1,173,915,000 | 1,209,921,000 | 1,403,231,000 | 1,675,464,000 | 1,689,805,000 | 1,699,694,000 | 1,790,384,000 | 1,708,591,000 | 1,349,852,000 | 1,209,170,000 | 1,263,900,000 | ||||||||||||||||||||||||||||||
total indebtedness | 1,513,631,000 | 1,565,231,000 | 1,626,275,000 | 1,740,154,000 | 1,795,293,000 | 1,782,268,000 | 1,707,021,000 | 1,822,056,000 | 1,866,904,000 | 1,758,329,000 | 1,677,377,000 | 1,792,557,000 | 1,798,422,000 | 1,780,463,000 | 1,933,508,000 | 1,776,982,000 | 1,886,849,000 | 2,246,711,000 | 1,847,297,000 | 1,833,283,000 | 1,858,875,000 | 1,824,164,000 | 1,884,405,000 | 2,385,002,000 | 3,589,749,000 | 3,741,520,000 | 3,849,312,000 | 4,017,531,000 | 4,566,666,000 | 4,520,926,000 | 4,493,968,000 | 4,966,379,000 | 4,938,807,000 | 5,031,673,000 | 5,223,577,000 | 5,260,164,000 | 5,247,085,000 | 5,234,707,000 | 5,236,044,000 | 5,328,938,000 | 5,243,916,000 | 5,294,674,000 | 4,596,057,000 | 4,444,424,000 | 4,354,092,000 | 4,319,143,000 | 4,307,688,000 | 4,095,785,000 | 4,136,917,000 | 4,104,584,000 | 4,225,721,000 | 4,214,151,000 | 4,270,009,000 | 4,395,302,000 | 5,178,663,000 | 5,917,364,000 | 5,866,655,000 | 5,811,282,000 | 5,591,014,000 | 5,204,146,000 | 5,119,036,000 | 6,132,855,000 | 4,248,812,000 | 4,078,284,000 | 4,076,207,000 | 4,073,746,000 | 3,602,671,000 | 2,082,855,000 | ||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2024 and december 31, 2023 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,375,816 and 214,373,833 shares issued at june 30, 2024 and december 31, 2023, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 5,087,072 and 5,340,654 shares at june 30, 2024 and december 31, 2023, respectively | -69,136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity derivative instruments | -1,070,000 | -4,096,000 | -11,278,000 | -199,797,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2024 and december 31, 2023 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,375,205 and 214,373,833 shares issued at march 31, 2024 and december 31, 2023, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 5,107,171 and 5,340,654 shares at march 31, 2024 and december 31, 2023, respectively | -69,485,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2023 and december 31, 2022 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,373,833 and 214,371,498 shares issued at december 31, 2023 and december 31, 2022, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 5,340,654 and 3,787,279 shares at december 31, 2023 and december 31, 2022, respectively | -72,350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total site centers shareholders' equity | 2,175,543,000 | 2,046,717,000 | 2,024,698,000 | 2,039,217,000 | 2,086,828,000 | 2,111,641,000 | 2,084,884,000 | 2,050,324,000 | 2,036,858,000 | 2,014,817,000 | 2,013,458,000 | 2,168,132,000 | 1,941,508,000 | 1,956,471,000 | 1,956,513,000 | 1,964,397,000 | 1,978,414,000 | 2,004,426,000 | 2,024,137,000 | 2,049,945,000 | 2,070,074,000 | 1,970,007,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | 5,794,000 | 5,794,000 | 5,794,000 | 5,794,000 | 5,794,000 | 5,794,000 | 3,650,000 | 3,573,000 | 3,472,000 | 3,315,000 | 3,241,000 | 3,291,000 | 3,081,000 | 3,064,000 | 3,079,000 | 3,114,000 | 3,021,000 | 2,928,000 | 4,984,000 | 4,903,000 | 4,906,000 | 6,506,000 | 8,923,000 | 8,702,000 | 8,546,000 | 8,497,000 | 8,579,000 | 8,579,000 | 8,518,000 | 8,540,000 | 27,181,000 | 27,149,000 | 27,280,000 | 33,192,000 | 35,279,000 | 16,750,000 | 23,218,000 | 23,774,000 | 23,589,000 | 24,080,000 | 24,322,000 | 24,514,000 | 34,999,000 | 26,230,000 | 32,208,000 | 32,971,000 | 38,535,000 | 38,986,000 | 89,774,000 | 127,503,000 | ||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2023 and december 31, 2022 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,373,180 and 214,371,498 shares issued at september 30, 2023 and december 31, 2022, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 5,341,958 and 3,787,279 shares at september 30, 2023 and december 31, 2022, respectively | -72,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2023 and december 31, 2022 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,372,608 and 214,371,498 shares issued at june 30, 2023 and december 31, 2022, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 5,376,465 and 3,787,279 shares at june 30, 2023 and december 31, 2022, respectively | -72,826,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2023 and december 31, 2022 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,372,008 and 214,371,498 shares issued at march 31, 2023 and december 31, 2022, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 5,386,964 and 3,787,279 shares at march 31, 2023 and december 31, 2022, respectively | -73,035,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facilities | 80,000,000 | 125,000,000 | 115,000,000 | 135,000,000 | 175,000,000 | 285,000,000 | 645,000,000 | 5,000,000 | 75,000,000 | 40,000,000 | 100,000,000 | 105,000,000 | 45,000,000 | 120,000,000 | 60,000,000 | 90,000,000 | 310,000,000 | 265,000,000 | 350,000,000 | 395,000,000 | 241,474,000 | 6,327,000 | 29,009,000 | 23,457,000 | 28,623,000 | 28,318,000 | 29,133,000 | 42,869,000 | 34,662,000 | 190,468,000 | 147,905,000 | 209,765,000 | 5,895,000 | 75,968,000 | 142,421,000 | 226,433,000 | 170,555,000 | 42,681,000 | 483,138,000 | 1,027,183,000 | 878,006,000 | 625,000,000 | 380,000,000 | 125,000,000 | 160,000,000 | 150,000,000 | 440,000,000 | |||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2022 and december 31, 2021 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,371,498 and 211,286,874 shares issued at december 31, 2022 and december 31, 2021, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 3,787,279 and 287,645 shares at december 31, 2022 and december 31, 2021, respectively | -51,518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve of preferred equity interests | -19,393,000 | -4,878,000 | -18,057,000 | -15,544,000 | -6,373,000 | -1,099,000 | -11,422,000 | -3,961,000 | -61,000,000 | -76,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2022 and december 31, 2021 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,370,870 and 211,286,874 shares issued at september 30, 2022 and december 31, 2021, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 2,115,175 and 287,645 shares at september 30, 2022 and december 31, 2021, respectively | -29,266,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of interests | 228,000 | 41,970,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2022 and december 31, 2021 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,370,391 and 211,286,874 shares issued at june 30, 2022 and december 31, 2021, respectively | 21,437,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 577,157 and 287,645 shares at june 30, 2022 and december 31, 2021, respectively | -9,847,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2022 and december 31, 2021 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 214,168,194 and 211,286,874 shares issued at march 31, 2022 and december 31, 2021, respectively | 21,417,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 579,005 and 287,645 shares at march 31, 2022 and december 31, 2021, respectively | -9,948,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control of interests | 3,356,000 | 14,279,000 | 1,066,000 | 40,645,000 | 39,348,000 | 981,000 | 21,729,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposition of real estate | -142,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in and advances to affiliate | 190,121,000 | 190,070,000 | 190,035,000 | 190,035,000 | 190,770,000 | 190,280,000 | 190,105,000 | 190,105,000 | 206,668,000 | 223,759,000 | 224,070,000 | 223,985,000 | 226,469,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2021 and december 31, 2020 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at december 31, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 211,286,874 and 193,995,499 shares issued at december 31, 2021 and december 31, 2020, respectively | 21,129,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -2,682,000 | -3,728,000 | -104,000 | -491,000 | -757,000 | -769,000 | -1,077,000 | -1,381,000 | -1,093,000 | -1,457,000 | -1,311,000 | -1,106,000 | -1,471,000 | -2,632,000 | -3,432,000 | -4,192,000 | -4,484,000 | -5,157,000 | -5,485,000 | -6,662,000 | -6,137,000 | -6,689,000 | -7,352,000 | -8,445,000 | -11,943,000 | -31,036,000 | -36,493,000 | -29,866,000 | -30,367,000 | -24,136,000 | -27,925,000 | -28,343,000 | -467,000 | |||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 287,645 and 898,267 shares at december 31, 2021 and december 31, 2020, respectively | -5,349,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
business interruption income | 885,000 | 885,000 | 6,884,000 | 1,784,000 | 3,100,000 | 2,000,000 | 8,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2021 and december 31, 2020 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 211,095,870 and 193,995,499 shares issued at september 30, 2021 and december 31, 2020, respectively | 21,110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 254,298 and 898,267 shares at september 30, 2021 and december 31, 2020, respectively | -4,815,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment of preferred equity interests | 1,625,000 | 15,377,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture interests | 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2021 and december 31, 2020 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 211,039,597 and 193,995,499 shares issued at june 30, 2021 and december 31, 2020, respectively | 21,104,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 221,296 and 898,267 shares at june 30, 2021 and december 31, 2020, respectively | -4,311,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of joint venture interest | -128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2021 and december 31, 2020 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2021 and december 31, 2020 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 211,035,935 and 193,995,499 shares issued at march 31, 2021 and december 31, 2020, respectively | 21,102,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 221,684 and 898,267 shares at march 31, 2021 and december 31, 2020, respectively | -4,387,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture interest | 13,908,000 | 82,000 | 45,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2020 and december 31, 2019 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at december 31, 2020 and december 31, 2019 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 193,995,499 and 193,823,409 shares issued at december 31, 2020 and december 31, 2019, respectively | 19,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 898,267 and 325,318 shares at december 31, 2020 and december 31, 2019, respectively | -11,319,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane property and impairment loss | 817,000 | -157,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2020 and december 31, 2019 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2020 and december 31, 2019 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 193,995,499 and 193,823,409 shares issued at september 30, 2020 and december 31, 2019, respectively | 19,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,041,169 and 325,318 shares at september 30, 2020 and december 31, 2019, respectively | -12,463,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment (reserve) of preferred equity interests | 3,542,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2020 and december 31, 2019 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2020 and december 31, 2019 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 193,995,499 and 193,823,409 shares issued at june 30, 2020 and december 31, 2019, respectively | 19,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,059,881 and 325,318 shares at june 30, 2020 and december 31, 2019, respectively | -12,669,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2020 and december 31, 2019 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2020 and december 31, 2019 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 19,399,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,097,130 and 325,318 shares at march 31, 2020 and december 31, 2019, respectively | -13,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2019 and december 31, 2018 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.50% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at december 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at december 31, 2019 and december 31, 2018 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 193,823,409 and 184,711,545 shares issued at december 31, 2019 and december 31, 2018, respectively | 19,382,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 325,318 and 3,373,114 shares at december 31, 2019 and december 31, 2018, respectively | -7,707,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) loss attributable to non-controlling interests | -1,126,000 | -1,671,000 | -1,187,000 | -268,000 | -873,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2019 and december 31, 2018 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2019 and december 31, 2018 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2019 and december 31, 2018 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 184,718,192 and 184,711,545 shares issued at september 30, 2019 and december 31, 2018, respectively | 18,472,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 4,469,878 and 3,373,114 shares at september 30, 2019 and december 31, 2018, respectively | -56,520,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane property credit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2019 and december 31, 2018 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2019 and december 31, 2018 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2019 and december 31, 2018 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 184,717,977 and 184,711,545 shares issued at june 30, 2019 and december 31, 2018, respectively | 18,472,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 4,481,766 and 3,373,114 shares at june 30, 2019 and december 31, 2018, respectively | -56,659,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane property loss | 224,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(reserve) adjustment of preferred equity interests | -4,634,000 | -2,201,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable | 19,675,000 | 19,675,000 | 19,670,000 | 19,670,000 | 19,675,000 | 19,675,000 | 19,591,000 | 19,590,000 | 49,895,000 | 49,503,000 | 44,823,000 | 47,294,000 | 42,592,000 | 47,430,000 | 47,304,000 | 47,184,000 | 56,245,000 | 57,645,000 | 58,863,000 | 78,945,000 | 78,338,000 | 77,857,000 | 71,076,000 | 57,558,000 | 68,718,000 | 63,113,000 | 62,498,000 | 95,104,000 | 93,905,000 | 112,458,000 | 102,196,000 | 121,335,000 | 119,585,000 | 74,997,000 | 75,781,000 | 75,781,000 | 40,423,000 | 18,557,000 | 16,778,000 | 17,328,000 | 18,439,000 | 18,161,000 | 24,250,000 | 24,005,000 | 24,345,000 | 17,890,000 | 9,873,000 | 12,775,000 | ||||||||||||||||||||||||||
unsecured term loan | 49,676,000 | 49,655,000 | 198,540,000 | 198,461,000 | 198,452,000 | 398,130,000 | 397,858,000 | 398,316,000 | 398,516,000 | 398,399,000 | 398,284,000 | 398,167,000 | 398,050,000 | 300,000,000 | 300,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 350,000,000 | 250,000,000 | 250,000,000 | 250,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
secured indebtedness: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2019 and december 31, 2018 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2019 and december 31, 2018 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2019 and december 31, 2018 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 184,717,812 and 184,711,545 shares issued at march 31, 2019 and december 31, 2018, respectively | 18,472,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 4,485,260 and 3,373,114 shares at march 31, 2019 and december 31, 2018, respectively | -56,703,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of taxable reit subsidiaries and state franchise and income taxes | -272,000 | -528,000 | -1,044,000 | -435,000 | 691,000 | 16,426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property insurance receivable | 49,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2018 and december 31, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at december 31, 2018 and december 31, 2017 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at december 31, 2018 and december 31, 2017 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 184,711,545 and 184,256,205 shares issued at december 31, 2018 and december 31, 2017, respectively | 18,471,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 3,373,114 and 306,314 shares at december 31, 2018 and december 31, 2017, respectively | -44,278,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum rents | 468,701,000 | 92,159,000 | 141,678,000 | 146,887,000 | 632,917,000 | 153,925,000 | 164,623,000 | 167,229,000 | 701,208,000 | 177,844,000 | 178,064,000 | 177,367,000 | 180,523,000 | 179,363,000 | 180,697,000 | 688,556,000 | 175,771,000 | 178,140,000 | 175,807,000 | 608,419,000 | 150,654,000 | 146,988,000 | 144,596,000 | 542,900,000 | 138,973,000 | 133,861,000 | 131,862,000 | 514,493,000 | 131,457,000 | 133,182,000 | 134,291,000 | 133,549,000 | 543,911,000 | 628,664,000 | 149,335,000 | 159,452,000 | 644,286,000 | 158,868,000 | 177,342,000 | 158,785,000 | 563,611,000 | 143,769,000 | 141,898,000 | 139,992,000 | 128,846,000 | 88,959,000 | ||||||||||||||||||||||||||||
percentage and overage rents | 5,184,000 | 600,000 | 1,453,000 | 1,808,000 | 7,094,000 | 1,016,000 | 1,823,000 | 1,699,000 | 7,610,000 | 1,193,000 | 1,654,000 | 1,936,000 | 835,000 | 1,372,000 | 1,385,000 | 5,231,000 | 519,000 | 643,000 | 1,674,000 | 5,932,000 | 885,000 | 720,000 | 1,784,000 | 5,117,000 | 360,000 | 655,000 | 1,610,000 | 6,457,000 | 1,110,000 | 871,000 | 2,038,000 | 1,016,000 | 8,061,000 | 9,414,000 | 1,054,000 | 1,100,000 | 10,694,000 | 1,988,000 | 1,593,000 | 2,041,000 | 11,294,000 | 1,775,000 | 1,833,000 | 2,241,000 | 2,033,000 | 1,728,000 | ||||||||||||||||||||||||||||
recoveries from tenants | 163,337,000 | 31,951,000 | 50,558,000 | 51,354,000 | 211,942,000 | 51,368,000 | 55,633,000 | 57,476,000 | 238,419,000 | 59,743,000 | 61,376,000 | 61,599,000 | 61,915,000 | 62,021,000 | 64,080,000 | 230,987,000 | 59,261,000 | 58,264,000 | 60,304,000 | 198,404,000 | 48,443,000 | 46,813,000 | 47,390,000 | 174,097,000 | 43,170,000 | 42,158,000 | 43,365,000 | 166,665,000 | 42,586,000 | 44,362,000 | 46,614,000 | 44,431,000 | 179,181,000 | 198,919,000 | 49,548,000 | 48,498,000 | 205,664,000 | 52,139,000 | 56,461,000 | 48,040,000 | 177,665,000 | 45,821,000 | 44,034,000 | 42,059,000 | 38,335,000 | 25,791,000 | ||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2018 and december 31, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2018 and december 31, 2017 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2018 and december 31, 2017 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 184,669,369 and 184,256,205 shares issued at september 30, 2018 and december 31, 2017, respectively | 18,467,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 319,884 and 306,314 shares at september 30, 2018 and december 31, 2017, respectively | -8,054,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ddr equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2018 and december 31, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2018 and december 31, 2017 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2018 and december 31, 2017 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 184,652,419 and 184,256,205 shares issued at june 30, 2018 and december 31, 2017, respectively | 18,465,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 262,713 and 306,314 shares at june 30, 2018 and december 31, 2017, respectively | -7,304,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total ddr shareholders' equity | 2,687,435,000 | 2,767,417,000 | 2,890,932,000 | 3,180,093,000 | 3,249,514,000 | 3,118,701,000 | 3,237,515,000 | 3,272,071,000 | 3,400,213,000 | 3,430,403,000 | 3,429,796,000 | 3,420,288,000 | 3,466,033,000 | 3,770,248,000 | 3,835,345,000 | 3,813,535,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ddr | -3,329,000 | -54,153,000 | -241,685,000 | 983,000 | 29,611,000 | -54,241,000 | 60,012,000 | -60,360,000 | 41,058,000 | 45,573,000 | 59,555,000 | 18,598,000 | -243,787,000 | 117,282,000 | 68,606,000 | 76,017,000 | -16,640,000 | -10,175,000 | -375,000 | -23,313,000 | 6,303,000 | -25,822,000 | 26,738,000 | -37,500,000 | -15,057,000 | -15,854,000 | -42,989,000 | -13,383,000 | 35,312,000 | -14,310,000 | -356,593,000 | 35,250,000 | ||||||||||||||||||||||||||||||||||||||||||
casualty insurance receivable | 65,547,000 | 58,583,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at march 31, 2018 and december 31, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2018 and december 31, 2017 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2018 and december 31, 2017 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 369,344,148 and 368,512,410 shares issued at march 31, 2018 and december 31, 2017, respectively | 36,934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 584,236 and 612,629 shares at march 31, 2018 and december 31, 2017, respectively | -7,774,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane casualty loss | 750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit (expense) of taxable reit subsidiaries and state franchise and income taxes | 18,000 | 212,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured term loan | 199,950,000 | 199,893,000 | 199,843,000 | 199,694,000 | 199,544,000 | 199,401,000 | 200,000,000 | 200,000,000 | 300,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at december 31, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at december 31, 2017 and december 31, 2016 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at december 31, 2017 and december 31, 2016 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 368,512,410 and 366,298,335 shares issued at december 31, 2017 and december 31, 2016, respectively | 36,851,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 612,629 and 947,893 shares at december 31, 2017 and december 31, 2016, respectively | -8,653,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane casualty and impairment loss | 5,930,000 | 6,089,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of joint venture investments | -30,652,000 | -9,100,000 | -980,000 | -26,671,000 | -26,111,000 | -560,000 | -2,921,000 | -1,636,000 | -35,000 | -184,584,000 | -106,957,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (income) attributable to non-controlling interests | 1,447,000 | 3,717,000 | 47,047,000 | -1,558,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at september 30, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2017 and december 31, 2016 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2017 and december 31, 2016 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 367,823,362 and 366,298,335 shares issued at september 30, 2017 and december 31, 2016, respectively | 36,782,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 676,419 and 947,893 shares at september 30, 2017 and december 31, 2016, respectively | -9,907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale and change in control of interests | -1,087,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a—6.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 350,000 shares issued and outstanding at june 30, 2017 | 175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2017 and december 31, 2016 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2017 and december 31, 2016 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 367,149,127 and 366,298,335 shares issued at june 30, 2017 and december 31, 2016, respectively | 36,715,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 666,209 and 947,893 shares at june 30, 2017 and december 31, 2016, respectively | -9,816,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2017 and december 31, 2016 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2017 and december 31, 2016 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 366,671,261 and 366,298,335 shares issued at march 31, 2017 and december 31, 2016, respectively | 36,667,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 705,276 and 947,893 shares at march 31, 2017 and december 31, 2016, respectively | -10,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares | 350,000,000 | 350,000,000 | 405,000,000 | 405,000,000 | 375,000,000 | 555,000,000 | 555,000,000 | 555,000,000 | 705,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 366,298,335 and 365,292,314 shares issued at december 31, 2016 and december 31, 2015, respectively | 36,630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 947,893 and 945,268 shares at december 31, 2016 and december 31, 2015, respectively | -14,957,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate | -12,187,000 | 18,030,000 | 7,780,000 | -268,008,000 | 110,505,000 | 64,219,000 | 75,423,000 | -17,288,000 | -9,848,000 | -2,134,000 | -21,593,000 | 6,551,000 | -31,192,000 | 26,605,000 | -42,614,000 | -15,546,000 | -26,476,000 | -53,269,000 | -15,579,000 | -15,905,000 | -412,754,000 | -64,738,000 | 39,019,000 | 207,196,000 | 39,592,000 | 73,425,000 | 56,526,000 | 48,850,000 | 38,798,000 | 42,502,000 | ||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2016 and december 31, 2015 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2016 and december 31, 2015 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 365,943,846 and 365,292,314 shares issued at september 30, 2016 and december 31, 2015, respectively | 36,594,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 932,504 and 945,268 shares at september 30, 2016 and december 31, 2015, respectively | -14,826,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2016 and december 31, 2015 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2016 and december 31, 2015 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 365,510,617 and 365,292,314 shares issued at june 30, 2016 and december 31, 2015, respectively | 36,551,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 924,876 and 945,268 shares at june 30, 2016 and december 31, 2015, respectively | -14,919,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2016 and december 31, 2015 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2016 and december 31, 2015 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 365,367,906 and 365,292,314 shares issued at march 31, 2016 and december 31, 2015, respectively | 36,537,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid-in capital | 5,470,030,000 | 5,467,413,000 | 5,448,298,000 | 5,445,387,000 | 5,438,778,000 | 5,434,217,000 | 5,421,087,000 | 5,418,437,000 | 5,417,363,000 | 4,789,730,000 | 4,714,508,000 | 4,668,142,000 | 4,629,257,000 | 4,553,325,000 | 4,437,806,000 | 4,139,124,000 | 4,138,812,000 | 4,136,752,000 | 4,140,370,000 | 4,004,030,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 918,978 and 945,268 shares at march 31, 2016 and december 31, 2015, respectively | -14,854,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 41,088 and 38,796, respectively | 28,321,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2015 and december 31, 2014 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2015 and december 31, 2014 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 362,225,819 and 360,711,232 shares issued at september 30, 2015 and december 31, 2014, respectively | 36,223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,019,290 and 957,068 shares at september 30, 2015 and december 31, 2014, respectively | -16,039,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit of taxable reit subsidiaries and state franchise and income taxes | 18,558,000 | -41,538,000 | -6,020,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate, net of tax | 41,793,000 | 11,267,000 | 25,094,000 | 3,060,000 | 2,262,000 | 1,472,000 | 467,000 | 1,929,000 | -1,525,000 | -57,000 | 5,863,000 | 261,000 | 5,234,000 | 665,000 | 7,079,000 | 6,587,000 | 2,310,000 | 889,000 | -24,027,000 | -4,830,000 | -2,717,000 | 1,078,000 | 12,259,000 | 11,051,000 | 3,169,000 | 7,225,000 | 64,659,000 | |||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to common shareholders | 150 | 30 | -690 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to common shareholders | 250 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 39,105 and 38,796, respectively | 30,338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2015 and december 31, 2014 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2015 and december 31, 2014 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 361,169,314 and 360,711,232 shares issued at june 30, 2015 and december 31, 2014, respectively | 36,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 989,098 and 957,068 shares at june 30, 2015 and december 31, 2014, respectively | -16,819,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax expense of taxable reit subsidiaries and state franchise and income taxes | 8,353,000 | -263,108,000 | 22,962,000 | 69,429,000 | -27,530,000 | 4,600,000 | -11,171,000 | -17,572,000 | 6,608,000 | -13,616,000 | 27,270,000 | -46,044,000 | -11,787,000 | -47,744,000 | 38,251,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land held for development and construction in progress | 275,305,000 | 395,242,000 | 449,822,000 | 520,167,000 | 463,513,000 | 452,980,000 | 496,368,000 | 480,771,000 | 489,381,000 | 475,123,000 | 588,259,000 | 580,553,000 | 576,107,000 | 581,627,000 | 644,028,000 | 708,365,000 | 714,972,000 | 817,742,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 38,667 and 38,796, respectively | 27,879,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2015 and december 31, 2014 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2015 and december 31, 2014 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 361,082,421 and 360,711,232 shares issued at march 31, 2015 and december 31, 2014, respectively | 36,108,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,024,851 and 957,068 shares at march 31, 2015 and december 31, 2014, respectively | -16,910,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate held for sale | 12,670,000 | 7,369,000 | 1,852,000 | 7,255,000 | 502,000 | 8,025,000 | 2,290,000 | 6,284,000 | 195,000 | 6,427,000 | 2,471,000 | 10,453,000 | 5,796,000 | 5,324,000 | 19,126,000 | 5,167,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 38,796 and 41,605, respectively | 28,187,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 360,711,232 and 359,378,751 shares issued at december 31, 2014 and 2013, respectively | 36,071,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 957,068 and 1,030,053 shares at december 31, 2014 and 2013, respectively | -16,646,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt retirement | -7,892,000 | -5,602,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ddr equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h—7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 110,000 shares issued and outstanding at december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2014 and december 31, 2013 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2014 and december 31, 2013 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 360,338,486 and 359,378,751 shares issued at september 30, 2014 and december 31, 2013, respectively | 36,034,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,038,474 and 1,030,053 shares at september 30, 2014 and december 31, 2013, respectively | -18,475,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit (expense) of taxable reit subsidiaries and state franchise and income taxes | 6,101,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ddr common shareholders | 63,012,000 | 67,815,000 | -23,248,000 | -43,142,000 | -6,983,000 | -36,034,000 | -727,000 | -60,271,000 | 13,253,000 | -44,467,000 | -22,024,000 | -53,843,000 | -49,956,000 | -26,870,000 | 24,745,000 | -24,877,000 | -398,862,000 | 200 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to ddr common shareholders | 10 | 170 | -100 | -100 | -50 | -110 | -150 | 40 | -170 | -70 | -260 | -160 | -70 | 100 | -110 | -1,910 | 200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to ddr common shareholders | 160 | 20 | 30 | -40 | 30 | -60 | 10 | -10 | 60 | -20 | -30 | 10 | -600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2014 and december 31, 2013 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2014 and december 31, 2013 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 359,642,895 and 359,378,751 shares issued at june 30, 2014 and december 31, 2013, respectively | 35,964,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 911,689 and 1,030,053 shares at june 30, 2014 and december 31, 2013, respectively | -16,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h—7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 110,000 shares issued and outstanding at march 31, 2014 and december 31, 2013 | 55,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2014 and december 31, 2013 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at march 31, 2014 and december 31, 2013 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 shares authorized; 359,469,367 and 359,378,751 shares issued at march 31, 2014 and december 31, 2013, respectively | 35,947,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,010,390 and 1,030,053 shares at march 31, 2014 and december 31, 2013, respectively | -17,231,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total ddr shareholders’ equity | 3,833,191,000 | 3,904,661,000 | 3,328,553,000 | 3,304,687,000 | 3,343,507,000 | 3,342,138,000 | 3,311,442,000 | 3,186,129,000 | 2,997,047,000 | 3,045,684,000 | 3,071,347,000 | 3,175,115,000 | 3,248,663,000 | 2,862,562,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposition of real estate, net of tax | -1,090,000 | -861,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 41,605 and 31,071, respectively | 38,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage and other secured indebtedness | 1,761,421,000 | 1,274,141,000 | 1,367,493,000 | 1,362,378,000 | 1,372,694,000 | 1,322,445,000 | 1,340,357,000 | 1,286,998,000 | 1,331,795,000 | 1,913,794,000 | 1,637,440,000 | 1,637,440,000 | 1,614,051,000 | 1,459,336,000 | 1,405,143,000 | 1,470,248,000 | 1,666,731,000 | 1,333,292,000 | 1,335,783,000 | 1,349,313,000 | 1,357,241,000 | 1,743,113,000 | 716,876,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 and 500,000,000 shares authorized; 359,378,751 and 315,239,299 shares issued at december 31, 2013 and 2012, respectively | 35,938,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,030,053 and 977,673 shares at december 31, 2013 and 2012, respectively | -18,211,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity derivative instruments | 21,926,000 | 21,926,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control and sale of interests | 19,906,000 | 78,127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h—7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 110,000 and 410,000 shares issued and outstanding at september 30, 2013 and december 31, 2012, respectively | 55,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2013 and december 31, 2012 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at september 30, 2013 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 and 500,000,000 shares authorized; 324,215,984 and 315,239,299 shares issued at september 30, 2013 and december 31, 2012, respectively | 32,422,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 980,825 and 977,673 shares at september 30, 2013 and december 31, 2012, respectively | -17,484,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h—7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 110,000 and 410,000 shares issued and outstanding at june 30, 2013 and december 31, 2012, respectively | 55,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at june 30, 2013 and december 31, 2012 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class k—6.25% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 300,000 shares issued and outstanding at june 30, 2013 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 600,000,000 and 500,000,000 shares authorized; 320,055,468 and 315,239,299 shares issued at june 30, 2013 and december 31, 2012, respectively | 32,006,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 849,960 and 977,673 shares at june 30, 2013 and december 31, 2012, respectively | -15,362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h—7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2013 and december 31, 2012 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j—6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at march 31, 2013 and december 31, 2012 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 317,465,639 and 315,239,299 shares issued at march 31, 2013 and december 31, 2012, respectively | 31,747,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 799,678 and 977,673 shares at march 31, 2013 and december 31, 2012, respectively | -14,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 31,071 and 27,848, respectively | 42,498,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 315,239,299 and 277,114,784 shares issued at december 31, 2012 and 2011, respectively | 31,524,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 977,673 and 833,934 shares at december 31, 2012 and 2011, respectively | -16,452,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at september 30, 2012 and december 31, 2011 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at december 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class j — 6.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 400,000 shares issued and outstanding at september 30, 2012 | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 309,738,002 and 277,114,784 shares issued at september 30, 2012 and december 31, 2011, respectively | 30,974,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 717,614 and 833,934 shares at september 30, 2012 and december 31, 2011, respectively | -13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at june 30, 2012 and december 31, 2011 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at june 30, 2012 and december 31, 2011 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 301,347,218 and 277,114,784 shares issued at june 30, 2012 and december 31, 2011, respectively | 30,135,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 671,171 and 833,934 shares at june 30, 2012 and december 31, 2011, respectively | -12,731,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2012 and december 31, 2011 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at march 31, 2012 and december 31, 2011 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 277,558,873 and 277,114,784 shares issued at march 31, 2012 and december 31, 2011, respectively | 27,756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 705,953 and 833,934 shares at march 31, 2012 and december 31, 2011, respectively | -13,249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges, less accumulated amortization of 27,848 and 25,446, respectively | 45,272,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity derivative liability — affiliate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 277,114,784 and 256,267,750 shares issued at december 31, 2011 and 2010, respectively | 27,711,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 833,934 and 712,310 shares at december 31, 2011 and 2010, respectively | -15,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control of interests and sale of interests | 25,170,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 147,810,000 | 137,532,000 | 119,775,000 | 130,404,000 | 169,014,000 | 169,014,000 | 158,876,000 | 141,629,000 | 167,682,000 | 153,325,000 | 158,684,000 | 134,781,000 | 151,067,000 | 116,651,000 | 115,718,000 | 107,850,000 | 73,252,000 | 82,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity derivative liability – affiliate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 101,747,000 | 83,497,000 | 85,688,000 | 145,085,000 | 153,591,000 | 112,165,000 | 112,165,000 | 132,960,000 | 143,616,000 | 129,407,000 | 106,228,000 | 116,661,000 | 106,775,000 | 86,299,000 | 88,526,000 | 89,040,000 | 103,363,000 | 55,133,000 | 49,092,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g — 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at december 31, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at september 30, 2011 and december 31, 2010 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at september 30, 2011 and december 31, 2010 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 277,075,287 and 256,267,750 shares issued at september 30, 2011 and december 31, 2010, respectively | 27,708,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 682,138 and 712,310 shares at september 30, 2011 and december 31, 2010, respectively | -13,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
developers diversified realty corporation equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at june 30, 2011 and december 31, 2010 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at june 30, 2011 and december 31, 2010 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 276,711,707 and 256,267,750 shares issued at june 30, 2011 and december 31, 2010, respectively | 27,671,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 652,915 and 712,310 shares at june 30, 2011 and december 31, 2010, respectively | -12,139,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-off of original preferred share issuance costs | -6,402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g — 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at march 31, 2011 and december 31, 2010 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2011 and december 31, 2010 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at march 31, 2011 and december 31, 2010 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 267,133,800 and 256,267,750 shares issued at march 31, 2011 and december 31, 2010, respectively | 26,714,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 612,927 and 712,310 shares at march 31, 2011 and december 31, 2010, respectively | -12,320,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before loss on disposition of real estate | 36,240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total real estate assets, net — | 7,013,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net — | 290,487,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term debt | 800,000,000 | 800,000,000 | 800,000,000 | 800,000,000 | 800,000,000 | 800,000,000 | 550,000,000 | 550,000,000 | 550,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage and other secured indebtedness — | 1,365,777,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses — | 154,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable operating partnership units | 627,000 | 627,000 | 627,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g — 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at september 30, 2010 and december 31, 2009 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at september 30, 2010 and december 31, 2009 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at september 30, 2010 and december 31, 2009 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 shares authorized; 256,155,006 and 201,742,589 shares issued at september 30, 2010 and december 31, 2009, respectively | 25,616,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid-in-capital | 3,813,293,000 | 3,374,528,000 | 2,770,194,000 | 2,849,364,000 | 3,019,404,000 | 3,029,176,000 | 3,028,478,000 | 3,029,488,000 | 3,024,268,000 | 1,959,629,000 | 1,961,053,000 | 1,970,765,000 | 1,969,507,000 | 1,938,480,000 | 1,306,435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 509,570 and 657,012 shares at september 30, 2010 and december 31, 2009, respectively | -11,887,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests — | 38,316,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ancillary and other property income | 5,846,000 | 23,103,000 | 22,294,000 | 4,889,000 | 6,328,000 | 19,642,000 | 5,129,000 | 4,290,000 | 4,722,000 | 21,048,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees, development fees and other fee income | 12,961,000 | 57,684,000 | 62,890,000 | 15,378,000 | 15,637,000 | 50,840,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 995,000 | 7,367,000 | 9,291,000 | 2,656,000 | 1,691,000 | 13,725,000 | 2,110,000 | 3,746,000 | 7,709,000 | 14,186,000 | 1,040,000 | 943,000 | 6,582,000 | 2,143,000 | 3,519,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before impairment of joint ventures, equity in net income of joint ventures, tax expense of taxable reit subsidiaries and state franchise and income taxes and gain on disposition of real estate, net of tax | -11,546,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of joint ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before tax expense of taxable reit subsidiaries and state franchise and income taxes and gain on disposition of real estate, net of tax | -16,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on deconsolidation of interests | 5,221,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to non-controlling interests | 1,450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
construction in progress and land held for development | 858,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred charges | 33,162,000 | 26,613,000 | 25,579,000 | 30,740,000 | 31,172,000 | 31,276,000 | 33,614,000 | 36,465,000 | 23,708,000 | 25,353,000 | 21,161,000 | 20,094,000 | 16,601,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 500,000,000 and 300,000,000 shares authorized; 201,742,589 and 128,642,765 shares issued at december 31, 2009 and 2008, respectively | 20,174,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 657,012 and 224,063 shares at december 31, 2009 and 2008, respectively | -15,866,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on repurchase of senior notes | 145,050,000 | 11,552,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, impairment of joint venture investments, gain on redemption of joint venture interests, tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | -147,346,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on redemption of joint venture interests | 23,865,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate | -317,798,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred operating partnership interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to redeemable operating partnership units | -13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
construction in progress and land under development | 879,547,000 | 882,478,000 | 898,161,000 | 664,926,000 | 583,235,000 | 508,341,000 | 415,986,000 | 453,493,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority equity interests | 120,120,000 | -1,735,000 | 111,767,000 | -1,405,000 | -1,399,000 | -1,488,000 | 104,596,000 | -1,749,000 | -1,413,000 | -1,740,000 | -677,000 | -573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating partnership minority interests | 8,010,000 | 8,010,000 | 17,114,000 | 17,114,000 | 17,114,000 | 17,114,000 | 17,337,000 | 18,021,000 | 18,021,000 | 18,022,000 | 32,269,000 | 22,895,000 | 22,895,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, with par value, 0.10 stated value; 300,000,000 shares authorized; 128,642,765 and 126,793,684 shares issued at december 31, 2008 and 2007, respectively | 12,864,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 224,063 and 7,345,304 shares at december 31, 2008 and 2007, respectively | -8,731,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
abandoned projects and transaction costs | -12,433,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, impairment of joint venture investments, minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | -701,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | -89,939,000 | 42,651,000 | 65,047,000 | 47,396,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred operating partnership minority interests | -9,690,000 | -5,908,000 | -3,782,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of taxable reit subsidiaries and franchise taxes | 17,434,000 | -307,000 | -484,000 | 709,000 | 315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to common shareholders | -100,045,000 | 29,360,000 | 225,113,000 | 32,716,000 | 111,429,000 | 48,744,000 | 198,095,000 | 49,020,000 | 64,943,000 | 35,935,000 | 91,758,000 | 40,182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 2,070 | 690 | 690 | 2,640 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate rental property: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at september 30, 2009 and december 31, 2008, respectively | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at september 30, 2009 and december 31, 2008, respectively | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i – 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at september 30, 2009 and december 31, 2008, respectively | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, 0.10 par value; 500,000,000 and 300,000,000 shares authorized; 196,654,601 and 128,642,765 shares issued at september 30, 2009 and december 31, 2008, respectively | 12,864,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 515,641 and 224,063 shares at september 30, 2009 and december 31, 2008, respectively | -8,731,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on repurchases of senior notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, impairment of joint venture investments, tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | 14,913,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before tax benefit of taxable reit subsidiaries and state franchise and income taxes, discontinued operations and gain on disposition of real estate, net of tax | 16,894,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate, net of tax | 33,736,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to redeemable operating partnership units | -21,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to ddr common shareholders | 24,683,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority equity interest | 140,648,000 | 98,594,000 | 98,962,000 | 99,716,000 | 105,432,000 | 105,249,000 | 106,192,000 | 23,046,000 | 23,930,000 | 21,541,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at june 30, 2008 and december 31, 2007 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 410,000 shares issued and outstanding at june 30, 2008 and december 31, 2007 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i – 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 750,000 shares authorized; 340,000 shares issued and outstanding at june 30, 2008 and december 31, 2007 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, 0.10 par value; 300,000,000 shares authorized; 126,797,819 and 126,793,684 shares issued at june 30, 2008 and december 31, 2007, respectively | 12,680,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 6,708,295 and 7,345,304 shares at june 30, 2008 and december 31, 2007, respectively | -337,330,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority equity interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 27,917,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority equity interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate, net of tax | 40,472,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority equity interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate | 7,960,623,000 | 7,828,899,000 | 7,882,405,000 | 9,543,243,000 | 6,580,869,000 | 6,573,061,000 | 6,539,831,000 | 6,553,097,000 | 5,989,218,000 | 3,510,717,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 300,000,000 shares authorized; 126,793,684 and 109,739,262 shares issued at december 31, 2007 and 2006, respectively | 12,679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 7,345,304 and 752,975 shares at december 31, 2007 and 2006, respectively | -369,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, tax benefit (expense) of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 146,666,000 | 38,074,000 | 33,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, tax benefit (expense) of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 189,895,000 | 44,355,000 | 37,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit (expense) of taxable reit subsidiaries and franchise taxes | 14,642,000 | 15,053,000 | 2,481,000 | 2,779,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f – 8.6% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at december 31, 2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at september 30, 2007 and december 31, 2006 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at september 30, 2007 and december 31, 2006 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i – 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at september 30, 2007 and december 31, 2006 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 300,000,000 shares authorized; 126,791,928 and 109,739,262 shares issued at september 30, 2007 and december 31, 2006, respectively | 12,679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred obligation | 19,123,000 | 19,123,000 | 19,123,000 | 12,386,000 | 12,386,000 | 12,386,000 | 12,386,000 | 11,633,000 | 10,234,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 3,934,726 shares at september 30, 2007 and 752,975 shares at december 31, 2006, respectively | -215,053,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management, development and other fee income | 13,827,000 | 11,996,000 | 9,082,000 | 30,294,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, tax benefit of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 36,648,000 | 43,445,000 | 34,528,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations applicable to common shareholders | 270 | 780 | 390 | 420 | 590 | 330 | 850 | 510 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f – 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at december 31, 2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at june 30, 2007 and december 31, 2006 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at june 30, 2007 and december 31, 2006 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i – 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at june 30, 2007 and december 31, 2006 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 300,000,000 shares authorized; 126,788,386 and 109,739,262 shares issued at june 30, 2007 and december 31, 2006, respectively | 12,679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,812,183 shares at june 30, 2007 and 752,975 shares at december 31, 2006 | -112,881,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate, net of tax of 4.5 million in 2007 | 54,012,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facilities and term debt | 1,197,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred operating partnership units | 484,204,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f — 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at march 31, 2007 and december 31, 2006 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g — 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at march 31, 2007 and december 31, 2006 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2007 and december 31, 2006 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at march 31, 2007 and december 31, 2006 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 126,788,386 and 109,739,262 shares issued at march 31, 2007 and december 31, 2006, respectively | 12,679,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: common shares in treasury at cost: 1,853,788 shares at march 31, 2007 and 752,975 shares at december 31, 2006 | -115,472,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income continuing operations applicable to common shareholders | 390 | 420 | 590 | 330 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 109,739,262 and 108,947,748 shares issued at december 31, 2006 and 2005, respectively | 10,974,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: unearned compensation-restricted stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury at cost: 752,975 shares at december 31, 2006 | -40,020,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, tax benefit (expense) of taxable reit subsidiaries and franchise taxes, discontinued operations, gain on disposition of real estate and cumulative effect of adoption of a new accounting standard | 143,254,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, tax benefit (expense) of taxable reit subsidiaries and franchise taxes, discontinued operations, gain on disposition of real estate and cumulative effect of adoption of a new accounting standard | 173,591,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate and cumulative effect of adoption of a new accounting standard | 181,241,000 | 40,891,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of adoption of a new accounting standard | 253,264,000 | 105,550,000 | 53,787,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of adoption of a new accounting standard | -3,001,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
construction in progress | 447,260,000 | 385,795,000 | 393,696,000 | 267,264,000 | 268,407,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed rate notes | 2,217,501,000 | 1,966,894,000 | 1,966,505,000 | 1,219,558,000 | 1,113,479,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
variable rate term debt | 200,000,000 | 200,000,000 | 200,000,000 | 150,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f – 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at september 30, 2006 and december 31, 2005 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at september 30, 2006 and december 31, 2005 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at september 30, 2006 and december 31, 2005 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i – 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at september 30, 2006 and december 31, 2005 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 109,739,262 and 108,947,748 shares issued at september 30, 2006 and december 31, 2005, respectively | 10,974,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: unearned compensation – restricted stock | -13,163,000 | -5,545,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares in treasury at costs: 845,025 shares at september 30, 2006 | -44,913,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ancillary income | 3,365,000 | 3,197,000 | 2,995,000 | 1,820,000 | 764,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other property related income | 1,470,000 | 1,621,000 | 2,297,000 | 1,091,000 | 906,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management and other fee income | 7,517,000 | 5,989,000 | 5,694,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development fee income | 849,000 | 607,000 | 666,000 | 488,000 | 191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f — 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at june 30, 2006 and december 31, 2005 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g — 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at june 30, 2006 and december 31, 2005 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at june 30, 2006 and december 31, 2005 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at june 30, 2006 and december 31, 2005 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 109,702,535 and 108,947,748 shares issued at june 30, 2006 and december 31, 2005, respectively | 10,970,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation | -743,872,000 | -596,521,000 | -493,470,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f — 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at march 31, 2006 and december 31, 2005 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g — 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at march 31, 2006 and december 31, 2005 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h — 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2006 and december 31, 2005 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i — 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at march 31, 2006 and december 31, 2005 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 109,680,905 and 108,947,748 shares issued at march 31, 2006 and december 31, 2005, respectively | 10,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: unearned compensation — restricted stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 39,756,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations and gain on disposition of real estate | 45,225,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax of taxable reit subsidiaries and franchise taxes | -449,000 | -167,000 | -671,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f – 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at march 31, 2005 and december 31, 2004 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at march 31, 2005 and december 31, 2004 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2005 and december 31, 2004 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class i – 7.5% cumulative redeemable preferred shares, without par value, 500 liquidation value; 340,000 shares authorized; 340,000 shares issued and outstanding at march 31, 2005 and december 31, 2004 | 170,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 108,614,957 and 108,521,763 shares issued at march 31, 2005 and december 31, 2004, respectively | 10,862,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock in treasury at cost: 46,581 and 439,166 shares at march 31, 2005 and december 31, 2004, respectively | -833,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fee income | 4,292,000 | 3,111,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations, gain on disposition of real estate and cumulative effect of adoption of a new accounting standard | 35,954,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations, gain on disposition of real estate and cumulative effect of adoption of a new accounting standard | 42,464,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class f – 8.60% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 600,000 shares issued and outstanding at march 31, 2004 and december 31, 2003 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class g – 8.0% cumulative redeemable preferred shares, without par value, 250 liquidation value; 750,000 shares authorized; 720,000 shares issued and outstanding at march 31, 2004 and december 31, 2003 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class h – 7.375% cumulative redeemable preferred shares, without par value, 500 liquidation value; 410,000 shares authorized; 410,000 shares issued and outstanding at march 31, 2004 and december 31, 2003 | 205,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value, .10 stated value; 200,000,000 shares authorized; 93,962,233 and 93,792,948 shares issued at march 31, 2004 and december 31, 2003, respectively | 9,396,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock in treasury at cost: 7,199,408 and 7,359,747 shares at march 31, 2004 and december 31, 2003, respectively | -118,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 24,934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations, gain on disposition of real estate and real estate investments and cumulative effect of adoption of a new accounting standard | 33,715,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, income tax of taxable reit subsidiaries and franchise taxes, discontinued operations, gain on disposition of real estate and real estate investments and cumulative effect of adoption of a new accounting standard | 51,936,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | -10,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of real estate | -693,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate and real estate investments and cumulative effect of adoption of a new accounting standard | 49,417,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate and real estate investments, net of tax | 4,370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred operating partnership interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in net income of joint ventures, minority interests, discontinued operations and gain on disposition of real estate and real estate investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, discontinued operations and gain on disposition of real estate and real estate investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate and impairment charge | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on disposition of real estate and real estate investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate and real estate investments |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-06-30 | 2018-12-31 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-03-31 | 2015-03-31 | 2014-06-30 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 938,000 | 134,430,000 | 49,589,000 | 3,085,000 | -5,822,000 | 214,693,000 | -23,552,000 | 196,424,000 | 20,655,000 | 15,302,000 | 28,215,000 | 74,364,000 | 13,955,000 | 59,091,000 | 38,168,000 | 16,181,000 | -1,038,000 | 30,225,000 | 34,628,000 | 24,292,000 | 53,632,000 | -220,213,000 | -24,150,000 | -54,028,000 | 34,034,000 | 45,873,000 | 58,517,000 | 43,283,000 | 127,437,000 | 62,536,000 | |||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 5,017,000 | 7,868,000 | 26,173,000 | 13,252,000 | 13,061,000 | 83,589,000 | 43,150,000 | 46,925,000 | 112,714,000 | 54,016,000 | 50,982,000 | 101,385,000 | 50,364,000 | 48,322,000 | 92,777,000 | 45,560,000 | 45,655,000 | 83,866,000 | 42,993,000 | 41,687,000 | 82,668,000 | 45,587,000 | 146,886,000 | 74,424,000 | 79,834,000 | 181,160,000 | 90,884,000 | 99,468,000 | 96,902,000 | 103,015,000 | 209,201,000 | ||||||||||||||||||||||||
stock-based compensation | 282,000 | 348,000 | 701,000 | 384,000 | 327,000 | 4,288,000 | 2,031,000 | 2,103,000 | 3,635,000 | 1,760,000 | 1,788,000 | 3,628,000 | 1,823,000 | 1,835,000 | 9,626,000 | 7,694,000 | 3,130,000 | 2,766,000 | 18,000 | 308,000 | 5,792,000 | 2,124,000 | 4,722,000 | 1,728,000 | 1,956,000 | 7,976,000 | 5,243,000 | 2,321,000 | 1,633,000 | 2,177,000 | 4,787,000 | ||||||||||||||||||||||||
amortization and write-off of debt issuance costs, commitment fees and fair market value of debt adjustments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net loss of joint ventures | 152,000 | 253,000 | 29,000 | -12,607,000 | -8,786,000 | 2,382,000 | 1,665,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale and change in control of interests | -19,989,000 | 0 | -2,669,000 | 0 | -3,749,000 | -3,749,000 | -27,000 | -45,326,000 | |||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate | -4,007,000 | -157,106,000 | -54,265,000 | -1,029,000 | -50,000 | -265,030,000 | -31,714,000 | -187,796,000 | -183,000 | -15,352,000 | -4,455,000 | 4,000 | -198,000 | -76,000 | -775,000 | -773,000 | -293,000 | -16,590,000 | -185,763,000 | -39,519,000 | -10,011,000 | -34,147,000 | -82,726,000 | -38,127,000 | -25,916,000 | -12,381,000 | -25,094,000 | ||||||||||||||||||||||||||||
impairment charges | 17,450,000 | 7,500,000 | 0 | 66,600,000 | 66,600,000 | 0 | 2,536,000 | 0 | 7,270,000 | 7,270,000 | 0 | 620,000 | 930,000 | 48,504,000 | 30,444,000 | 280,127,000 | 50,069,000 | 21,973,000 | 279,021,000 | 25,183,000 | |||||||||||||||||||||||||||||||||||
net change in accounts receivable | 2,381,000 | 55,000 | 6,308,000 | -2,685,000 | -579,000 | 7,457,000 | 7,790,000 | -6,287,000 | 3,250,000 | 4,819,000 | -5,620,000 | 5,110,000 | 6,815,000 | -2,518,000 | 16,271,000 | 13,641,000 | 6,846,000 | -20,560,000 | 4,177,000 | 128,000 | 833,000 | 610,000 | -1,747,000 | 5,183,000 | 2,660,000 | 3,519,000 | 2,694,000 | 1,329,000 | 2,659,000 | -4,584,000 | 7,089,000 | ||||||||||||||||||||||||
net change in accounts payable and accrued expenses | -6,559,000 | -10,238,000 | -3,176,000 | -3,646,000 | -35,411,000 | -2,931,000 | -15,643,000 | -10,362,000 | -1,623,000 | -16,205,000 | -8,150,000 | -1,659,000 | -14,257,000 | -8,129,000 | -300,000 | -13,048,000 | -3,182,000 | -7,363,000 | -19,292,000 | 2,353,000 | -7,309,000 | -3,868,000 | 13,805,000 | -21,929,000 | -6,175,000 | 2,443,000 | -8,521,000 | -6,730,000 | -24,877,000 | -14,680,000 | 4,835,000 | ||||||||||||||||||||||||
net change in other operating assets and liabilities | 28,000 | -1,265,000 | -5,289,000 | -4,294,000 | -3,696,000 | -12,429,000 | -11,896,000 | 6,408,000 | -4,389,000 | -13,323,000 | -574,000 | -4,019,000 | -7,324,000 | 4,661,000 | 310,000 | -4,724,000 | -334,000 | -12,040,000 | -13,953,000 | 8,356,000 | -8,970,000 | 5,381,000 | -5,394,000 | -19,836,000 | 5,360,000 | -9,742,000 | -6,109,000 | -557,000 | -12,538,000 | -29,546,000 | -25,176,000 | ||||||||||||||||||||||||
total adjustments | -5,245,000 | -142,901,000 | -26,656,000 | 2,638,000 | -25,333,000 | -108,250,000 | 63,504,000 | -149,940,000 | 106,142,000 | 26,865,000 | 23,561,000 | 57,743,000 | 36,066,000 | 6,060,000 | 106,588,000 | 39,929,000 | 65,274,000 | 41,640,000 | 1,222,000 | 56,442,000 | 66,577,000 | -113,989,000 | 218,285,000 | 111,658,000 | 328,387,000 | 233,292,000 | 145,935,000 | 78,900,000 | 36,020,000 | 305,615,000 | 142,533,000 | ||||||||||||||||||||||||
net cash flow from operating activities | -4,307,000 | -8,471,000 | 22,933,000 | 5,723,000 | -31,155,000 | 106,443,000 | 39,952,000 | 46,484,000 | 126,797,000 | 42,167,000 | 51,776,000 | 132,107,000 | 50,021,000 | 65,151,000 | 144,756,000 | 56,110,000 | 64,236,000 | 71,865,000 | 35,850,000 | 80,734,000 | 120,209,000 | 161,755,000 | 57,761,000 | 209,142,000 | 91,907,000 | 81,893,000 | 62,701,000 | 201,050,000 | 129,672,000 | 285,398,000 | 175,036,000 | 107,422,000 | |||||||||||||||||||||||
cash flow from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate developed and improvements to operating real estate | -2,862,000 | -3,022,000 | -5,013,000 | -3,247,000 | -923,000 | -39,423,000 | -19,813,000 | -28,599,000 | -51,278,000 | -27,990,000 | -26,923,000 | -57,092,000 | -24,725,000 | -20,886,000 | -35,290,000 | -18,131,000 | -12,829,000 | -40,205,000 | -23,022,000 | -29,167,000 | -44,348,000 | -29,549,000 | -68,108,000 | -34,702,000 | -25,608,000 | -56,431,000 | -28,138,000 | -28,116,000 | -46,946,000 | -59,281,000 | -108,808,000 | -158,909,000 | |||||||||||||||||||||||
proceeds from disposition of real estate | 61,753,000 | 360,113,000 | 91,420,000 | -6,485,000 | 846,963,000 | 115,329,000 | 709,397,000 | 145,953,000 | 21,555,000 | 156,000 | -97,000 | 13,902,000 | 11,279,000 | 326,000 | 1,062,000 | 1,060,000 | 2,408,000 | 71,145,000 | 636,572,000 | 301,545,000 | 135,464,000 | 169,535,000 | 300,474,000 | 113,170,000 | 156,654,000 | 92,669,000 | 36,068,000 | 96,736,000 | 91,474,000 | 17,114,000 | 126,641,000 | 70,883,000 | 11,659,000 | 120,671,000 | 65,682,000 | 29,429,000 | 304,490,000 | 138,167,000 | 56,849,000 | 95,459,000 | 22,897,000 | 11,214,000 | 1,978,464,000 | 1,846,817,000 | 57,242,000 | 318,794,000 | 139,918,000 | 18,523,000 | |||||||
proceeds from disposition of joint venture | 20,713,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity contributions to joint ventures | -2,000 | -8,000 | -8,000 | -3,000 | -52,000 | -916,000 | -44,000 | -27,000 | -86,000 | -56,000 | -24,000 | -117,000 | -55,000 | -4,352,000 | -153,000 | -92,000 | -862,000 | -146,000 | -86,000 | -17,217,000 | -46,983,000 | -59,250,000 | -108,000 | -59,000 | -91,000 | -69,068,000 | -21,506,000 | -5,397,000 | -75,000 | -3,764,000 | -20,143,000 | -15,699,000 | -1,101,000 | -54,803,000 | -29,992,000 | -3,749,000 | -7,501,000 | -7,068,000 | -832,000 | -24,999,000 | -18,497,000 | -729,000 | -18,817,000 | -8,915,000 | -5,243,000 | -80,471,000 | -43,889,000 | -18,993,000 | -232,643,000 | -223,517,000 | -212,402,000 | -31,861,000 | -2,592,000 | ||
net cash flow from investing activities | 79,602,000 | 356,683,000 | 86,838,000 | -3,250,000 | -6,060,000 | 726,007,000 | 78,137,000 | -154,504,000 | 139,182,000 | -31,561,000 | 10,539,000 | 108,000 | 111,919,000 | 129,139,000 | -40,026,000 | 8,432,000 | 325,063,000 | 153,534,000 | 128,192,000 | 96,580,000 | 57,599,000 | 261,908,000 | 34,687,000 | 136,328,000 | 15,082,000 | ||||||||||||||||||||||||||||||
cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of mortgage debt | -14,724,000 | -419,000 | -25,651,000 | -134,000 | -12,299,000 | -625,000 | -314,000 | -35,134,000 | -34,696,000 | -19,152,000 | -18,563,000 | -40,830,000 | -73,475,000 | ||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | 0 | -6,000 | -6,000 | -28,000 | -4,000 | -7,582,000 | 8,000 | 0 | -32,825,000 | -32,379,000 | -591,000 | -532,000 | -132,000 | -2,000 | -705,000 | -3,921,000 | -3,914,000 | -4,068,000 | -9,038,000 | -2,501,000 | -2,258,000 | -11,121,000 | -9,394,000 | -1,471,000 | -2,537,000 | -2,309,000 | -138,000 | ||||||||||||||||||||||||||||
repurchase of common shares in conjunction with equity award plans | -35,000 | 2,734,000 | -2,510,000 | -4,060,000 | -2,082,000 | -2,244,000 | -2,757,000 | -1,243,000 | -1,447,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash flow used for financing activities | -35,000 | -363,715,000 | -14,915,000 | -518,000 | -979,245,000 | -215,903,000 | -226,419,000 | -126,457,000 | -47,422,000 | -74,237,000 | -47,602,000 | -131,125,000 | -592,938,000 | -240,201,000 | -242,092,000 | -45,396,000 | -542,375,000 | -177,171,000 | -85,402,000 | -253,178,000 | -190,144,000 | -52,618,000 | -225,118,000 | -178,403,000 | -79,419,000 | ||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | 75,260,000 | -15,503,000 | 94,856,000 | 1,955,000 | -1,016,460,000 | 616,547,000 | -12,313,000 | 505,770,000 | 7,379,000 | 4,245,000 | -24,038,000 | -22,086,000 | -13,262,000 | 119,288,000 | 16,922,000 | 109,547,000 | 495,223,000 | -6,894,000 | -2,484,000 | 12,075,000 | -28,906,000 | 74,631,000 | 436,307,000 | 27,076,000 | |||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of period | 122,815,000 | 67,666,000 | 67,666,000 | 569,031,000 | 569,031,000 | 21,214,000 | 21,214,000 | 43,252,000 | 43,252,000 | 74,414,000 | 74,414,000 | 19,133,000 | 19,133,000 | 13,650,000 | 94,724,000 | 94,724,000 | 39,225,000 | 39,225,000 | |||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 198,075,000 | 162,522,000 | 69,621,000 | 1,185,578,000 | 556,718,000 | 28,593,000 | 25,459,000 | 41,180,000 | 19,214,000 | 61,151,000 | 193,701,000 | 128,684,000 | 514,364,000 | 11,165,000 | 106,797,000 | 65,817,000 | 475,536,000 | 66,302,000 | |||||||||||||||||||||||||||||||||||||
amortization and write-off of debt issuance costs, commitment fees, and fair market value of debt adjustments | 1,891,000 | 695,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on derivative instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating cash distributions from joint ventures | 61,000 | 6,000 | 258,000 | -208,000 | 1,111,000 | 883,000 | 2,263,000 | 1,858,000 | 794,000 | 433,000 | 2,282,000 | 2,121,000 | 4,475,000 | 4,510,000 | 2,722,000 | 3,768,000 | 1,786,000 | 1,178,000 | 3,446,000 | 1,806,000 | 2,289,000 | 1,724,000 | 2,003,000 | 3,314,000 | |||||||||||||||||||||||||||||||
loss on abandoned tenant lease costs | 0 | 911,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of building due to ground lease termination | -1,952,000 | -1,800,000 | -2,150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate acquired, net of liabilities and cash assumed | 0 | -82,147,000 | -18,065,000 | -61,328,000 | -74,783,000 | -26,503,000 | -5,530,000 | -297,966,000 | -133,463,000 | -67,960,000 | -31,473,000 | 0 | -86,066,000 | -86,028,000 | 0 | -59,886,000 | -156,532,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from disposition of joint venture interests | 3,405,000 | 3,405,000 | 39,247,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from unconsolidated joint ventures | 1,398,000 | 439,000 | 1,400,000 | 800,000 | 1,349,000 | 9,468,000 | 1,808,000 | 5,422,000 | 3,583,000 | 3,168,000 | 7,010,000 | 14,552,000 | 4,270,000 | 25,141,000 | 16,759,000 | 6,104,000 | 7,025,000 | 2,900,000 | 4,486,000 | 17,056,000 | |||||||||||||||||||||||||||||||||||
repayment of joint venture advances | 0 | 44,828,000 | 14,066,000 | 9,005,000 | 46,400,000 | 36,072,000 | 1,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
payment of swaption agreement fees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of series a preferred shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of loan commitment fees | 0 | -6,632,000 | -3,183,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of curbline loan costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of senior notes | 0 | -87,101,000 | -60,758,000 | -65,614,000 | -87,209,000 | -924,751,000 | -924,751,000 | 0 | -300,000,000 | 0 | -240,000,000 | -445,682,000 | -445,682,000 | -187,670,000 | -185,566,000 | -93,038,000 | -539,127,000 | -389,924,000 | -147,706,000 | -725,131,000 | -456,918,000 | -303,566,000 | -103,425,000 | -100,000,000 | -85,000,000 | ||||||||||||||||||||||||||||||
repayment of mortgage debt and term loan | -251,281,000 | -138,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt extinguishment costs | -7,028,000 | -92,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from terminations of derivatives | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares | 0 | -26,611,000 | -26,611,000 | -22,256,000 | 0 | -7,500,000 | -7,500,000 | 0 | -14,069,000 | -222,819,000 | -117,000,000 | -117,000,000 | -48,313,000 | ||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares in conjunction with equity award plans and dividend reinvestment plan | -1,000 | -93,000 | -93,000 | 7,000 | -2,656,000 | -2,594,000 | 6,000 | -4,844,000 | -4,800,000 | -55,000 | -5,469,000 | -5,415,000 | -1,178,000 | -4,487,000 | -4,476,000 | -949,000 | -948,000 | ||||||||||||||||||||||||||||||||||||||
repurchase of operating partnership units | 0 | -1,735,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to redeemable operating partnership units | 0 | -37,000 | -80,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of assets to curbline | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -105,405,000 | -4,060,000 | -93,863,000 | -63,733,000 | -30,068,000 | -60,401,000 | -30,353,000 | -30,493,000 | -58,865,000 | -28,208,000 | -28,216,000 | -43,106,000 | -14,844,000 | -5,133,000 | -88,083,000 | -44,036,000 | -46,159,000 | -89,898,000 | -45,406,000 | -157,236,000 | -78,549,000 | -78,420,000 | -150,655,000 | -75,253,000 | -75,143,000 | -68,639,000 | -61,468,000 | -117,927,000 | -144,671,000 | -94,700,000 | -44,210,000 | -111,523,000 | -69,397,000 | -29,128,000 | -63,238,000 | -34,102,000 | -15,692,000 | -45,722,000 | -30,153,000 | -14,585,000 | -37,838,000 | -23,914,000 | -10,567,000 | -276,209,000 | -182,658,000 | -89,452,000 | -264,811,000 | -171,761,000 | -78,094,000 | -229,616,000 | -151,101,000 | -72,624,000 | |||
cash, cash equivalents and restricted cash, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt retirement | -1,037,000 | -760,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of joint venture advance | 730,000 | 730,000 | 318,000 | 318,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
prepayment of curbline loan costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of building due to ground lease terminations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income of joint ventures | -39,000 | 324,000 | -78,000 | -17,000 | -82,000 | -5,977,000 | -1,359,000 | -424,000 | -1,550,000 | -169,000 | -36,238,000 | -9,235,000 | -4,385,000 | -608,000 | -658,000 | -2,171,000 | -6,073,000 | -2,834,000 | 322,000 | -14,421,000 | -61,000 | -6,621,000 | |||||||||||||||||||||||||||||||||
amortization and write-off of debt issuance costs and fair market value of debt adjustments | 11,502,000 | 1,819,000 | 1,248,000 | 2,206,000 | 1,111,000 | 1,146,000 | 2,782,000 | 1,145,000 | 1,102,000 | 2,117,000 | 1,015,000 | 1,020,000 | 2,550,000 | 1,519,000 | 921,000 | 1,873,000 | 1,145,000 | 14,235,000 | 10,103,000 | 1,513,000 | 1,896,000 | ||||||||||||||||||||||||||||||||||
loss on derivatives instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from unsecured term loan | 0 | 100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of offering expenses | -7,000 | 36,857,000 | 33,781,000 | -192,000 | 225,330,000 | 225,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of non-controlling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of buildings due to ground lease terminations | -2,678,000 | 0 | 0 | -3,025,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of joint venture interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 175,000,000 | 75,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of operating units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income—unrealized loss on derivatives | 5,166,000 | 4,096,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow from financing activities | -130,402,000 | 12,904,000 | 154,772,000 | 80,445,000 | 52,639,000 | 330,234,000 | -474,743,000 | 98,973,000 | -190,280,000 | 247,458,000 | 116,361,000 | 6,184,000 | -354,704,000 | -154,619,000 | -39,815,000 | 64,420,000 | 28,394,000 | 25,356,000 | 613,427,000 | 721,251,000 | 2,424,136,000 | -227,493,000 | -88,592,000 | 8,230,000 | |||||||||||||||||||||||||||||||
other income - unrealized gain on derivatives | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from distribution of preferred investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of revolving credit facilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred shares | 0 | -150,019,000 | -55,000,000 | -150,000,000 | -150,000,000 | -170,000,000 | -180,000,000 | -180,000,000 | -150,000,000 | -150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash and cash equivalents | 0 | -1,000 | -1,000 | -21,000 | 4,000 | 8,000 | 4,000 | -1,000 | -2,000 | -2,000 | -1,000 | 4,000 | 1,000 | ||||||||||||||||||||||||||||||||||||||||||
net cash flow used for investing activities | -112,956,000 | -50,826,000 | -288,951,000 | -22,903,000 | -402,289,000 | -245,105,000 | -87,993,000 | -926,675,000 | -924,829,000 | -2,502,465,000 | -40,129,000 | -73,980,000 | -106,340,000 | ||||||||||||||||||||||||||||||||||||||||||
net cash flow (used for) provided by financing activities | -6,462,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposition of real estate | -205,000 | 142,000 | 20,000 | -17,564,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interests and redeemable operating partnership units | -18,000 | -19,000 | -35,000 | -17,000 | -17,000 | -23,000 | -7,000 | -168,000 | -307,000 | -278,000 | -305,000 | -380,000 | -213,000 | -406,000 | -214,000 | -209,000 | -423,000 | -209,000 | -255,000 | -321,000 | -5,070,000 | -704,000 | -1,057,000 | -688,000 | -271,000 | -8,774,000 | -8,420,000 | -6,553,000 | -1,677,000 | -1,269,000 | -374,000 | ||||||||||||||||||||||||
loss on debt extinguishment | 0 | 16,568,000 | 16,568,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve of preferred equity interests | 0 | 22,935,000 | 18,057,000 | 3,438,000 | 5,733,000 | 6,885,000 | 2,336,000 | 3,961,000 | 377,000 | 76,000,000 | 76,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
change in notes receivable accrued interest | 7,019,000 | 647,000 | 664,000 | 1,142,000 | 251,000 | 329,000 | 968,000 | 818,000 | 463,000 | -3,131,000 | -2,479,000 | -1,550,000 | -3,437,000 | -2,347,000 | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||
repayment of notes receivable | 0 | 7,500,000 | 7,500,000 | 0 | 31,068,000 | 167,000 | 131,000 | 126,000 | 9,155,000 | 225,000 | 13,715,000 | 11,596,000 | 11,453,000 | 975,000 | 975,000 | 746,000 | 991,000 | ||||||||||||||||||||||||||||||||||||||
repayment of senior notes, including repayment costs | 0 | -216,568,000 | -216,568,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of term loan and mortgage debt | -40,436,000 | -1,093,000 | -758,937,000 | -678,721,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (repayment of) revolving credit facilities | 125,000,000 | 115,000,000 | -40,000,000 | 280,000,000 | 640,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -2,072,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control of interests | -3,356,000 | -14,279,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net transactions with rvi | 16,596,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment of) proceeds from revolving credit facilities | 0 | -135,000,000 | -135,000,000 | 5,000,000 | -25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage payable and term loan | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from joint ventures | 5,386,000 | 1,416,000 | 3,267,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture interest | -13,908,000 | -13,908,000 | -45,553,000 | -45,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of joint venture interest | 16,067,000 | 16,067,000 | 140,441,000 | 140,519,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest rate hedging activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction costs related to rvi spin-off | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane property insurance advance proceeds | 0 | 20,193,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
(repurchase) issuance of common shares in conjunction with equity award plans and dividend reinvestment plan | -10,000 | -685,000 | -232,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of operating partnership units | 0 | -736,000 | -736,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of assets to rvi | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of buildings due to ground lease termination | -3,025,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale and change in control of interests | 0 | -83,830,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
valuation allowance of prepaid tax asset | 2,017,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of offering expenses | -107,000 | 445,271,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of term loans and mortgage debt, including repayment costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of offering expenses | -11,000 | 168,903,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 49,016,000 | 48,606,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage payable | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (gain) loss on sale and change in control of interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of notes receivable | -4,338,000 | -22,014,000 | -13,578,000 | -592,000 | -246,000 | -75,000 | -373,000 | -62,848,000 | -4,550,000 | -2,352,000 | -5,173,000 | -4,316,000 | -5,260,000 | -519,000 | |||||||||||||||||||||||||||||||||||||||||
issuance of common shares in conjunction with equity award plans and dividend reinvestment plan | -278,000 | 5,148,000 | 5,149,000 | 5,724,000 | 9,884,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -56,530,000 | -53,897,000 | -242,914,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest rate hedging activities | -4,538,000 | -4,833,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facilities | 45,000,000 | 120,000,000 | 90,000,000 | 135,952,000 | 230,719,000 | 252,850,000 | 165,976,000 | 30,945,000 | 82,500,000 | 350,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
repayment of term loans and mortgage debt | -63,302,000 | -162,406,000 | -7,979,000 | -492,076,000 | -94,421,000 | -112,835,000 | -104,416,000 | -47,240,000 | -327,905,000 | -165,847,000 | -52,360,000 | -423,264,000 | -362,904,000 | -268,012,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from mortgages payable | 1,350,000,000 | 1,350,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishments of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of convertible debt discount | 2,940,000 | 5,613,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net (income) loss of joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of joint venture investments | 9,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of buildings due to lease terminations | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
hurricane casualty insurance advance proceeds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment (issuance) of joint venture advances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from other debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale and change in control of interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and write-off of deferred finance charges and fair market value of debt adjustments | 906,000 | 542,000 | 661,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow (used for) provided by investing activities | -19,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance (repurchase) of common shares in conjunction with equity award plans and dividend reinvestment plan | 3,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges and loan loss reserve | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | 3,293,000 | 95,000 | 2,102,000 | 2,981,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of real estate and joint venture interests | 186,736,000 | 102,909,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance (repayment) of joint venture advances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of available-for-sale securities | 1,251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses | 491,972,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgages and other secured debt | 81,427,000 | 45,042,000 | 43,189,000 | 37,659,000 | 353,506,000 | 186,956,000 | 121,956,000 | 121,861,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses | -101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from non-controlling interests | 93,000 | 281,000 | 187,000 | 94,000 | 249,000 | 186,000 | 93,000 | 281,000 | 187,000 | 94,000 | 486,000 | 328,000 | 50,000 | 5,640,000 | 5,504,000 | 5,295,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 1,302,000 | 34,898,000 | 272,678,000 | 4,110,000 | 10,598,000 | -20,418,000 | -24,668,000 | 1,528,000 | -5,172,000 | -428,000 | 883,000 | 6,939,000 | -18,417,000 | -3,847,000 | 19,688,000 | 21,322,000 | 17,641,000 | 51,343,000 | 17,776,000 | 12,464,000 | 9,312,000 | ||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | -1,000 | 2,000 | 158,000 | -2,000 | 67,000 | -54,000 | -27,000 | -561,000 | -557,000 | -450,000 | -225,000 | 174,000 | 81,000 | -69,000 | -80,000 | 4,000 | -1,354,000 | -1,091,000 | -110,000 | -959,000 | 2,147,000 | 1,729,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | 0 | 22,416,000 | 20,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -12,275,000 | -22,144,000 | 1,490,000 | -4,165,000 | -4,768,000 | -1,725,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 23,720,000 | 55,993,000 | 359,340,000 | 35,351,000 | 41,718,000 | 18,872,000 | 20,227,000 | 18,505,000 | 16,088,000 | 20,681,000 | 15,425,000 | 21,025,000 | 21,335,000 | 20,920,000 | 25,748,000 | 26,415,000 | 28,745,000 | 36,323,000 | 30,171,000 | 47,847,000 | 70,964,000 | 49,700,000 | 46,019,000 | 79,721,000 | 48,431,000 | 43,119,000 | 39,967,000 | ||||||||||||||||||||||||||||
net gain on change in control of interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (repayments of) revolving credit facilities | 140,000,000 | 43,160,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from sale and refinancing of joint venture interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investments in joint ventures | 1,411,000 | 6,438,000 | 5,479,000 | 4,569,000 | 1,558,000 | 9,517,000 | 6,331,000 | 2,801,000 | 8,110,000 | 19,084,000 | 14,761,000 | 8,129,000 | 15,314,000 | 10,207,000 | 12,152,000 | 35,255,000 | 4,285,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from mortgages and other debt | 353,506,000 | 353,506,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash – capital improvements | 1,320,000 | -2,526,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and write-off of deferred finance costs | 4,948,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of proceeds from sale and refinancing of joint venture interests | 2,160,000 | 9,600,000 | 1,696,000 | 717,000 | 1,034,000 | 937,000 | 21,502,000 | 14,033,000 | 1,656,000 | 7,442,000 | |||||||||||||||||||||||||||||||||||||||||||||
repayments of revolving credit facilities | -21,494,000 | -533,000 | -111,840,000 | -135,897,000 | -67,898,000 | -54,598,000 | -115,908,000 | -242,766,000 | -286,697,000 | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred finance costs | 6,461,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt retirement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of accreted debt discount on repurchase of senior convertible notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid from interest rate hedging contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges and loan loss reserves | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium on issuance of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of joint venture advances | -41,000,000 | -11,000,000 | -108,000 | -82,000 | -7,335,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of real estate and joint venture interest | 514,628,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 650 in 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 123 and 473 in 2014 and 2013, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses of 412 in 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 86,664,000 | 31,174,000 | 31,174,000 | 31,174,000 | 41,206,000 | 41,206,000 | 41,206,000 | 19,416,000 | 19,416,000 | 19,416,000 | 26,172,000 | 26,172,000 | 26,172,000 | 29,494,000 | 29,494,000 | 29,494,000 | 49,547,000 | 49,547,000 | 49,547,000 | 28,378,000 | 28,378,000 | 28,378,000 | 30,655,000 | 30,655,000 | 30,655,000 | ||||||||||||||||||||||||||||||
net cash flow from operating activities: | 276,678,000 | 163,518,000 | 53,296,000 | 197,425,000 | 103,581,000 | 33,858,000 | 224,710,000 | 133,904,000 | 60,373,000 | 211,038,000 | 127,981,000 | 44,304,000 | 216,651,000 | 139,879,000 | 69,657,000 | 319,452,000 | 212,864,000 | 82,325,000 | 334,570,000 | 221,219,000 | |||||||||||||||||||||||||||||||||||
realized gain on sale of securities held for sale | -840,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash - capital improvements | -1,130,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 410 in 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses of 546 in 2013 | 144,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 226 in 2013 | 39,374,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow provided by financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred finance costs and settled interest rate protection agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity derivative instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on change in control and sale of interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(issuances) repayments of joint venture advances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash — capital improvements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayments of) proceeds from revolving credit facilities | -113,007,000 | -426,663,000 | -217,448,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses, of 1,341, 1,345 and 350 in 2013, 2012 and 2011, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses, of 721, 1,055 and 835 in 2013, 2012 and 2011, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares related to the exercise of warrants | 59,873,000 | 59,873,000 | 59,873,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses, of 412 and 845 in 2013 and 2012, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate acquired, net of liabilities assumed | -326,661,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of securities available for sale | -1,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow used for investing activities: | -395,509,000 | -252,746,000 | -87,825,000 | -64,710,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
(repayments) proceeds of revolving credit facilities | -104,340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 650 and 709 in 2013 and 2012, respectively | 295,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses of 412 and 845 in 2013 and 2012, respectively | 144,863,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 473 and 805 in 2013 and 2012, respectively | 158,048,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow from financing activities: | 122,941,000 | 99,826,000 | 22,254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate developed or acquired, net of liabilities assumed | -320,813,000 | -133,743,000 | -374,928,000 | -166,490,000 | -83,797,000 | -146,155,000 | -68,595,000 | -43,062,000 | -123,808,000 | -75,804,000 | -37,599,000 | -168,669,000 | -113,647,000 | -72,130,000 | -334,264,000 | -238,279,000 | -99,314,000 | -2,726,074,000 | -2,591,744,000 | -2,352,926,000 | -350,234,000 | -210,535,000 | -123,594,000 | ||||||||||||||||||||||||||||||||
decrease in restricted cash—capital improvements | -1,207,000 | 6,681,000 | 2,971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 650 and 643 in 2013 and 2012, respectively | 295,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 410 and 441 in 2013 and 2012, respectively | 83,770,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of joint venture advances | 25,000 | 23,075,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash – capital improvements | -2,060,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity derivative instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash — capital improvements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses, of 1,345, 350 and 1,183 in 2012, 2011 and 2010, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses, of 1,055, 835 and 998 in 2012, 2011 and 2010, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses, of 845 in 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(issuance) repayments of joint venture advances | -149,921,000 | -149,975,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flow from investing activities: | -465,301,000 | -242,086,000 | 29,958,000 | 52,075,000 | -6,227,000 | 9,312,000 | 45,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (repayments) of revolving credit facilities | 66,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 709 and 350 in 2012 and 2011, respectively | 291,503,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and offering expenses of 845 in 2012 | 192,855,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 805 and 686 in 2012 and 2011, respectively | 418,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash - capital improvements | 4,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 643 and 350 in 2012 and 2011, respectively | 291,570,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 441 and 686 in 2012 and 2011, respectively | 300,086,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 350 in 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on change in control of interests and sale of interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of joint venture stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash distributions from joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in notes receivable interest reserve | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments (issuances) of joint venture advances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 350, 1,183 and 200 in 2011, 2010 and 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 835, 998 and 459 in 2011, 2010 and 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of common shares in conjunction with equity award plans | -6,111,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment (issuance) of notes receivable | 4,007,000 | 13,934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | 279,000 | 217,000 | 137,000 | 76,075,000 | 60,199,000 | 37,891,000 | 9,076,000 | -1,011,000 | 1,171,000 | 9,779,000 | 9,323,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 350 and 843 in 2011 and 2010, respectively | 295,495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and issuance costs of 686 in 2011 and 956 in 2010 | 129,792,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of (advances to) joint venture advances | 23,130,000 | 22,516,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
return on investments in joint ventures | 5,541,000 | 2,072,000 | 5,195,000 | 24,653,000 | 14,873,000 | 7,970,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 350 and 400 in 2011 and 2010, respectively | 295,495,000 | 295,495,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and issuance costs of 686 in 2011 and 524 in 2010 | 129,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase of) proceeds from the issuance of common shares in conjunction with equity award plans | -979,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and issuance costs of 1,400 in 2010 | 382,762,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of common shares in conjunction with the exercise of stock options and dividend reinvestment plan | -1,626,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of accreted debt discount on repurchase of convertible senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of (advances to) joint venture advances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loan borrowings, mortgages and other secured debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment on term loans and mortgage debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 1,183 and 200 in 2010 and 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase of) proceeds from the issuance of common shares in conjunction with exercise of stock options and dividend reinvestment plan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 998 and 459 in 2010 and 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of redeemable operating partnership units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interest and redeemable operating partnership units | -24,000 | -16,000 | -1,622,000 | -1,454,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayments (issuance) of joint venture advances | 28,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale and refinancing of joint venture interests | 5,109,000 | 3,567,000 | 158,000 | 2,416,000 | 736,000 | 736,000 | 38,650,000 | 5,936,000 | 22,086,000 | 1,104,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 843 and 200 in 2010 and 2009, respectively | 590,710,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from mortgage and other secured debt | 4,460,000 | 4,327,000 | 1,416,000 | 343,369,000 | 319,389,000 | 68,940,000 | 449,423,000 | 408,708,000 | 391,299,000 | ||||||||||||||||||||||||||||||||||||||||||||||
principal payments on mortgage debt | -384,151,000 | -325,278,000 | -169,458,000 | -278,818,000 | -182,839,000 | -29,964,000 | -274,231,000 | -253,992,000 | -205,083,000 | -383,116,000 | -316,633,000 | -148,231,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and issuance costs of 956 and 524 in 2010 and 2009, respectively | 440,472,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment from issuance of common shares in conjunction with the exercise of stock options and dividend reinvestment plan | -630,000 | -260,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
return on investment non-controlling interests | -2,358,000 | -2,001,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 400 in 2010 | 296,785,000 | 296,785,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and issuance costs of 1,400 and 524 in 2010 and 2009, respectively | 382,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (payment) from issuance of common shares in conjunction with the exercise of stock options and dividend reinvestment plan | 90,000 | -829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on repurchase of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on redemption of joint venture interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(advances to) repayment of joint venture advances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution of proceeds resulting from contribution of properties to joint ventures and repayments of advances from affiliates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(issuance) repayment of notes receivable | -38,273,000 | -12,766,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment and repurchase of senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 200 and 267 in 2009 and 2007, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(loss) proceeds from the issuance of common shares in conjunction with exercise of stock options and dividend reinvestment plan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 459 and 208 in 2009 and 2007, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchased option arrangement for common shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred operating partnership interest, net of expenses | 484,204,000 | 484,204,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred operating partnership interest | -484,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to preferred, non-controlling interest and redeemable operating partnership units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received from foreign currency hedge contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior notes, net of underwriting commissions and offering expenses of 200 | 294,685,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of deferred finance costs | -3,590,000 | -2,783,000 | -429,000 | -5,353,000 | -4,307,000 | -3,109,000 | -3,011,000 | -2,958,000 | -2,661,000 | -3,767,000 | -3,682,000 | -573,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of issuance costs of 524 | 267,457,000 | 52,966,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
(payment) proceeds from issuance of common shares in conjunction with the exercise of stock options and dividend reinvestment plan | -1,576,000 | -1,046,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of non-controlling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(issuance) repayment of joint venture advances | -5,561,000 | -3,485,000 | -24,376,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of redeemable operating partnership units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment non-controlling interest | -850,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares | 1,010,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interests | -424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
ineffective portion of derivative financing investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating partnership minority interest expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred operating partnership minority interest expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charge, net of minority interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds resulting from contribution of properties to joint ventures and repayments of advances from affiliates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash | -47,433,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loan borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of term loans | -750,000,000 | -750,000,000 | -200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriting commissions and offering expenses of 267 and 550 in 2007 and 2006, respectively | 587,733,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses paid of 208 in 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of underwriting commissions for forward-equity contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of common shares in conjunction with exercise of stock options, 401(k) plan and dividend reinvestment plan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from minority interest shareholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment — minority interest shareholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of operating partnership minority interests | -46,000 | -46,000 | -683,000 | -683,000 | -683,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to preferred and operating partnership minority interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of medium term notes | -103,425,000 | -110,000,000 | -100,000,000 | -100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loans | 900,000,000 | 900,000,000 | 900,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriting commissions and offering expenses of 267 in 2007 | 587,733,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and offering expenses of 208 in 2007 | 746,645,000 | 746,645,000 | 746,645,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchased option arrangement on common shares | -32,580,000 | -32,580,000 | -32,580,000 | -10,337,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares in conjunction with the exercise of stock options, dividend reinvestment plan and restricted stock plan | 1,260,000 | 994,000 | 87,000 | 7,634,000 | 5,991,000 | 4,599,000 | 7,051,000 | 4,097,000 | 3,532,000 | ||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred operating partnership interest, net of expenses | -484,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment—minority equity interest shareholder | -3,657,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from minority interest shareholders | 25,239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to operating partnership minority interests | -1,431,000 | -1,175,000 | -541,000 | -11,330,000 | -10,789,000 | -502,000 | -1,813,000 | -1,288,000 | -743,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from joint venture advances | 1,544,000 | 1,590,000 | 1,839,000 | 1,574,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment—minority interest shareholder | -1,681,000 | 1,210,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriting commissions and offering expenses of 288 in 2007 | 587,712,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received from interest rate hedging contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate and impairment charge | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment from (advances to) joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 1,390 of offering expenses paid in 2005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of underwriting commissions for forward-equity contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment — minority interest shareholder | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from notes receivable | 937,000 | 837,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (repayments) from revolving credit facilities | 327,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from construction loans and mortgages | 61,526,000 | 55,046,000 | 3,347,000 | 1,646,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment-minority interest shareholder | -4,261,000 | -4,260,000 | -4,399,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of interest rate contracts | -11,155,000 | 5,572,000 | 1,344,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of interest rate contracts | -364,000 | -364,000 | -364,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation | 6,913,000 | 7,962,000 | 4,029,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | -4,606,000 | 13,170,000 | 5,009,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 38,677,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
combined balance sheets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 2,310,502,000 | 2,231,292,000 | 1,935,717,000 | 1,031,065,000 | 870,056,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
buildings | 6,023,904,000 | 6,044,311,000 | 5,022,244,000 | 2,619,275,000 | 2,378,266,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
fixtures and tenant improvements | 104,477,000 | 109,283,000 | 123,265,000 | 44,866,000 | 64,081,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
construction in progress | 139,153,000 | 222,017,000 | 181,694,000 | 46,389,000 | 37,913,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
combined balance sheets: - sum | 8,578,036,000 | 8,606,903,000 | 7,262,920,000 | 3,741,595,000 | 3,350,316,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation | -358,256,000 | -310,930,000 | -282,943,000 | -214,561,000 | -198,560,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
real estate | 8,219,780,000 | 8,295,973,000 | 6,979,977,000 | 3,527,034,000 | 3,151,756,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | 118,462,000 | 92,014,000 | 101,782,000 | 73,703,000 | 68,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
leasehold interests | 14,313,000 | 14,831,000 | 14,901,000 | 16,880,000 | 22,818,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 378,332,000 | 360,237,000 | 276,621,000 | 120,193,000 | 104,068,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage debt | 5,329,724,000 | 5,353,316,000 | 4,503,562,000 | 2,526,608,000 | 2,082,424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
amounts payable to ddr | 8,516,000 | 7,002,000 | 9,327,000 | 8,370,000 | 107,739,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 196,437,000 | 163,091,000 | 150,280,000 | 90,182,000 | 73,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated equity | 3,196,210,000 | 3,239,646,000 | 2,710,112,000 | 1,112,650,000 | 1,083,087,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
company’s share of accumulated equity | 603,062,000 | 597,503,000 | 485,357,000 | 158,363,000 | 166,276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (advances) from joint venture advances | 1,587,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income: | 140,607,000 | 67,545,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds relating (to) from notes receivable | -238,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (repayments of) construction loans and mortgages | 35,126,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred operating partnership interest | 484,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of adoption of a new accounting standard | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment (advances) to joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings from term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on rental property debt | -143,495,000 | -128,264,000 | -14,548,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriting commissions and offering expenses of 5,550 in 2006 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 1,390 and 421 of offering expenses paid in 2005 and 2004, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of underwriting commissions for forward equity contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of common shares, net of underwriting commissions and 609 of offering expenses paid in 2004 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of preferred shares, net of underwriting commissions and 432 of offering expenses paid in 2004 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances to joint ventures | 340,000 | -2,866,000 | 373,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayments) proceeds from revolving credit facilities | -230,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds of term loans | 185,000,000 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 742 of offering expense in 2005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriting commissions and offering expenses of 550 in 2006 | 244,450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 742 of offering expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (repayment of) notes receivable | 651,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances to affiliates | -2,293,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (repayment) of term loans | 180,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayments) proceeds from construction loans and mortgages | -86,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flow from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
consolidation of joint venture interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings from term loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from construction loans and other mortgage debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred operating partnership units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in to joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 742 and 421 of offering expenses in 2005 and 2004, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and 538 of offering expense paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and 598 of offering expense paid in 2004 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (repayment of) term loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 742 and 421 of offering expenses, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and 598 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
of offering expense paid in 2004 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in and advances to joint ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment of) proceeds from notes receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 85 of offering expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on rental property debt and term loans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of real estate and real estate investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment of) proceeds from borrowings from term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of medium term notes, net of underwriting commissions and 421 of offering expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common shares, net of underwriting commissions and 538 of offering expenses paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and 598 and 724 of offering expenses paid in 2004 and 2003, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment of) borrowings from term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on rental property debt and term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred shares, net of underwriting commissions and 724 of offering expenses paid in 2003 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayments) advances to affiliates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds of disposition of real estate and real estate investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance and exchange of medium term notes, net of underwriting commissions and 226 of offering expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of common shares, net of underwriting commissions and 119 of offering expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock |
