CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Mar. 31, 2018 |
Mar. 31, 2017 |
| Revenues |
|
|
| Rental income |
$ 243,345
|
$ 249,621
|
| Expense reimbursements |
70,878
|
73,190
|
| Other revenues |
2,952
|
2,995
|
| Total revenues |
317,175
|
325,806
|
| Operating expenses |
|
|
| Operating costs |
35,490
|
37,425
|
| Real estate taxes |
45,725
|
46,467
|
| Depreciation and amortization |
90,383
|
93,931
|
| Provision for doubtful accounts |
2,415
|
1,050
|
| Impairment of real estate assets |
15,902
|
5,686
|
| General and administrative |
22,426
|
20,957
|
| Total operating expenses |
212,341
|
205,516
|
| Other income (expense) |
|
|
| Dividends and interest |
96
|
73
|
| Interest expense |
(55,171)
|
(55,731)
|
| Gain on sale of real estate assets |
11,448
|
8,805
|
| Loss on extinguishment of debt |
(132)
|
(1,262)
|
| Other |
(53)
|
(707)
|
| Total other expense |
(43,812)
|
(48,822)
|
| Income before equity in income of unconsolidated joint venture |
61,022
|
71,468
|
| Equity in income of unconsolidated joint venture |
0
|
187
|
| Net income |
61,022
|
71,655
|
| Net income attributable to non-controlling interests |
0
|
(76)
|
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest |
0
|
76
|
| Net income attributable to common stockholders |
$ 61,022
|
$ 71,579
|
| Net income attributable to common stockholders: |
|
|
| Basic (usd per share) |
$ 0.20
|
$ 0.23
|
| Diluted (usd per share) |
$ 0.20
|
$ 0.23
|
| Weighted average shares: |
|
|
| Basic (in shares) |
304,158
|
304,569
|
| Diluted (in shares) |
304,278
|
304,795
|
| Brixmor Operating Partnership LP |
|
|
| Revenues |
|
|
| Rental income |
$ 243,345
|
$ 249,621
|
| Expense reimbursements |
70,878
|
73,190
|
| Other revenues |
2,952
|
2,995
|
| Total revenues |
317,175
|
325,806
|
| Operating expenses |
|
|
| Operating costs |
35,490
|
37,425
|
| Real estate taxes |
45,725
|
46,467
|
| Depreciation and amortization |
90,383
|
93,931
|
| Provision for doubtful accounts |
2,415
|
1,050
|
| Impairment of real estate assets |
15,902
|
5,686
|
| General and administrative |
22,426
|
20,957
|
| Total operating expenses |
212,341
|
205,516
|
| Other income (expense) |
|
|
| Dividends and interest |
96
|
73
|
| Interest expense |
(55,171)
|
(55,731)
|
| Gain on sale of real estate assets |
11,448
|
8,805
|
| Loss on extinguishment of debt |
(132)
|
(1,262)
|
| Other |
(53)
|
(707)
|
| Total other expense |
(43,812)
|
(48,822)
|
| Income before equity in income of unconsolidated joint venture |
61,022
|
71,468
|
| Equity in income of unconsolidated joint venture |
0
|
187
|
| Net income |
$ 61,022
|
$ 71,655
|
| Net income attributable to common stockholders: |
|
|
| Basic (usd per share) |
$ 0.20
|
$ 0.23
|
| Diluted (usd per share) |
$ 0.20
|
$ 0.23
|
| Weighted average shares: |
|
|
| Basic (in shares) |
304,158
|
304,888
|
| Diluted (in shares) |
304,278
|
305,114
|