2018 Form 10-K Financial Statement

#000156459019004779 Filed on February 27, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $707.3M $217.6M $227.4M
YoY Change -23.26% -9.45% -10.39%
Cost Of Revenue $208.0M $58.10M $59.60M
YoY Change -17.1% -9.22% -12.61%
Gross Profit $499.3M $159.4M $167.9M
YoY Change -25.56% -9.59% -9.54%
Gross Profit Margin 70.6% 73.27% 73.83%
Selling, General & Admin $66.20M $19.60M $16.40M
YoY Change -26.36% -6.22% -12.77%
% of Gross Profit 13.26% 12.3% 9.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $242.1M $79.80M $85.20M
YoY Change -30.07% -19.72% -10.79%
% of Gross Profit 48.49% 50.06% 50.74%
Operating Expenses $581.9M $99.40M $177.6M
YoY Change -43.69% -17.44% 55.5%
Operating Profit $499.3M $60.00M $164.9M
YoY Change -24.11% 7.33% -11.18%
Interest Expense $141.3M -$28.80M $46.30M
YoY Change -25.1% -29.58% -198.08%
% of Operating Profit 28.3% -48.0% 28.08%
Other Income/Expense, Net -$231.8M -$3.100M -$103.8M
YoY Change 1.52% -3200.0% 25857.25%
Pretax Income $117.0M -$251.9M -$33.79M
YoY Change -150.7% -2962.5% -58.28%
Income Tax $862.0K $2.500M $9.267M
% Of Pretax Income 0.74%
Net Earnings $114.4M -$218.0M $983.0K
YoY Change -147.35% -746.21% -101.63%
Net Earnings / Revenue 16.18% -100.22% 0.43%
Basic Earnings Per Share $0.43 -$1.23 -$0.04
Diluted Earnings Per Share $0.43 -$1.23 -$0.04
COMMON SHARES
Basic Shares Outstanding 184.5M 184.2M 183.8M
Diluted Shares Outstanding 184.5M 184.2M 183.8M

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.10M $93.00M $18.00M
YoY Change -88.01% 210.0% -14.29%
Cash & Equivalents $11.10M $92.61M $20.09M
Short-Term Investments
Other Short-Term Assets $5.400M $11.00M $19.00M
YoY Change -50.0% -59.26% -45.71%
Inventory
Prepaid Expenses
Receivables $67.30M $109.0M $177.0M
Other Receivables $0.00 $58.00M $0.00
Total Short-Term Assets $83.80M $271.0M $214.0M
YoY Change -69.04% 52.25% 16.94%
LONG-TERM ASSETS
Property, Plant & Equipment $3.456B $6.295B $6.755B
YoY Change -45.1% -13.15% -12.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $553.6M $384.0M $435.0M
YoY Change 44.24% -15.42% -5.64%
Other Assets $8.300M $10.00M $10.00M
YoY Change -17.0% -28.57% -44.44%
Total Long-Term Assets $4.123B $6.899B $7.427B
YoY Change -40.25% -13.97% -13.01%
TOTAL ASSETS
Total Short-Term Assets $83.80M $271.0M $214.0M
Total Long-Term Assets $4.123B $6.899B $7.427B
Total Assets $4.206B $7.170B $7.641B
YoY Change -41.34% -12.53% -12.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $203.7M $345.0M $356.0M
YoY Change -40.92% -9.69% -10.78%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $249.0M $424.0M $434.0M
YoY Change -41.18% -7.22% -8.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.884B $3.849B $4.018B
YoY Change -51.05% -14.35% -19.09%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.884B $3.849B $4.018B
YoY Change -51.05% -14.35% -19.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $249.0M $424.0M $434.0M
Total Long-Term Liabilities $1.884B $3.849B $4.018B
Total Liabilities $2.136B $4.273B $4.461B
YoY Change -50.08% -13.71% -18.13%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $18.43M
YoY Change -49.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $612.6K
Shareholders Equity $2.070B $2.891B $3.180B
YoY Change
Total Liabilities & Shareholders Equity $4.206B $7.170B $7.641B
YoY Change -41.34% -12.53% -12.38%

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $114.4M -$218.0M $983.0K
YoY Change -147.35% -746.21% -101.63%
Depreciation, Depletion And Amortization $242.1M $79.80M $85.20M
YoY Change -30.07% -19.72% -10.79%
Cash From Operating Activities $263.4M $108.2M $92.50M
YoY Change -35.82% -1.37% -22.98%
INVESTING ACTIVITIES
Capital Expenditures -$158.6M -$25.60M -$33.30M
YoY Change -21.25% -8.9% -74.35%
Acquisitions
YoY Change
Other Investing Activities $976.9M $234.1M $175.2M
YoY Change 43.66% -49.84% 206.29%
Cash From Investing Activities $818.3M $208.5M $141.9M
YoY Change 70.98% -52.46% -295.45%
FINANCING ACTIVITIES
Cash Dividend Paid $281.3M
YoY Change -8.01%
Common Stock Issuance & Retirement, Net $36.34M
YoY Change
Debt Paid & Issued, Net $1.006B
YoY Change 85.45%
Cash From Financing Activities -1.163B -242.1M -689.8M
YoY Change 39.51% -55.37% 1570.22%
NET CHANGE
Cash From Operating Activities 263.4M 108.2M 92.50M
Cash From Investing Activities 818.3M 208.5M 141.9M
Cash From Financing Activities -1.163B -242.1M -689.8M
Net Change In Cash -81.07M 74.60M -455.4M
YoY Change -246.07% 1164.41% -7445.16%
FREE CASH FLOW
Cash From Operating Activities $263.4M $108.2M $92.50M
Capital Expenditures -$158.6M -$25.60M -$33.30M
Free Cash Flow $422.0M $133.8M $125.8M
YoY Change -31.02% -2.9% -49.66%

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2150000
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4538000
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27203000
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16771000
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35069000
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124906000
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77151000
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56085000
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10000000
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34620000
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27885000
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26793000
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13536000
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736000
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232000
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835000
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1000
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55499000
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6704000
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94724000
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates in Preparation of Financial Statements</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with generally accepted accounting principles (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses during the year.&nbsp;&nbsp;Actual results could differ from those estimates.&nbsp;&nbsp;</p>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:2.27%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain amounts in prior periods have been reclassified in order to conform with the current period&#8217;s presentation.&nbsp;&nbsp;The Company reclassified $12.8 million and $15.1 million of costs for the years ended December 31, 2017 and 2016, respectively, on the Company&#8217;s consolidated statements of operations related to property management and services of the Company&#8217;s operating properties from General and Administrative to Operating and Maintenance.</p>
CY2017 sitc Noncash Or Part Of Noncash Land Acquired By Minority Interest Partner
NoncashOrPartOfNoncashLandAcquiredByMinorityInterestPartner
0
CY2016 sitc Noncash Or Part Of Noncash Land Acquired By Minority Interest Partner
NoncashOrPartOfNoncashLandAcquiredByMinorityInterestPartner
0
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
75200000
CY2018 sitc Noncash Or Part Noncash Financial Or Equity Instrument Consideration Redemption Value
NoncashOrPartNoncashFinancialOrEquityInstrumentConsiderationRedemptionValue
900000
CY2018Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
192200000
CY2017Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
284100000
CY2017 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
12800000
CY2016 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
15100000
CY2018 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
9300000
CY2017 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
13400000
CY2016 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
13300000
CY2018 sitc Insurance Receivable And Reduction Of Real Estate Due To Hurricane
InsuranceReceivableAndReductionOfRealEstateDueToHurricane
0
CY2017 sitc Insurance Receivable And Reduction Of Real Estate Due To Hurricane
InsuranceReceivableAndReductionOfRealEstateDueToHurricane
65900000
CY2016 sitc Insurance Receivable And Reduction Of Real Estate Due To Hurricane
InsuranceReceivableAndReductionOfRealEstateDueToHurricane
0
CY2018 sitc Noncash Or Part Of Noncash Land Acquired By Minority Interest Partner
NoncashOrPartOfNoncashLandAcquiredByMinorityInterestPartner
2300000
CY2017 sitc Noncash Or Part Noncash Financial Or Equity Instrument Consideration Redemption Value
NoncashOrPartNoncashFinancialOrEquityInstrumentConsiderationRedemptionValue
0
CY2016 sitc Noncash Or Part Noncash Financial Or Equity Instrument Consideration Redemption Value
NoncashOrPartNoncashFinancialOrEquityInstrumentConsiderationRedemptionValue
0
CY2018 sitc Capitalized Costs
CapitalizedCosts
5700000
CY2017 sitc Capitalized Costs
CapitalizedCosts
7400000
CY2016 sitc Capitalized Costs
CapitalizedCosts
8100000
CY2018 sitc Impairment Prior To Rvi Spin Off Assets Held For Sale
ImpairmentPriorToRVISpinOffAssetsHeldForSale
14100000
CY2018 us-gaap Interest Paid
InterestPaid
148400000
CY2017 us-gaap Interest Paid
InterestPaid
194700000
CY2016 us-gaap Interest Paid
InterestPaid
220000000
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1100000
CY2017 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1900000
CY2016 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3100000
CY2018Q4 sitc Investment In Redeemable Noncontrolling Interest Equity Preferred
InvestmentInRedeemableNoncontrollingInterestEquityPreferred
189891000
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
11400000
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
61000000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3200000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
13600000
CY2018Q4 sitc Allowance For Doubtful Accounts Straight Line Rent Receivable
AllowanceForDoubtfulAccountsStraightLineRentReceivable
2300000
CY2017Q4 sitc Allowance For Doubtful Accounts Straight Line Rent Receivable
AllowanceForDoubtfulAccountsStraightLineRentReceivable
4500000
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
31100000
CY2017Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
59400000
CY2018 us-gaap Contract With Customer Asset Explanation Of Change
ContractWithCustomerAssetExplanationOfChange
The portion of payments retained by the customer until the second contingent event is not considered a significant financing component because the right to payment is expected to become unconditional within one year or less. Contract assets are transferred to receivables when the right to payment becomes unconditional.
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7700000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11500000
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7000000
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
1400000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
5500000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
900000
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2016 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2018 us-gaap Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
The Company’s chief operating decision maker may review operational and financial data on a property basis and does not differentiate properties on a geographical basis for purposes of allocating resources or capital. The Company evaluates individual property performance primarily based on net operating income before depreciation, amortization and certain nonrecurring items. Each consolidated shopping center is considered a separate operating segment; however, each shopping center on a stand-alone basis, represents less than 10% of revenues, profit or loss, and assets of the combined reported operating segment and meets the majority of the aggregations criteria under the applicable standard.
CY2018 sitc Number Of Shopping Centers Leased Under Ground Lease Agreements
NumberOfShoppingCentersLeasedUnderGroundLeaseAgreements
3
CY2018 sitc Number Of Additional Property Leased Under Ground Lease Agreements
NumberOfAdditionalPropertyLeasedUnderGroundLeaseAgreements
3
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42788000
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30553000
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
33234000
CY2018 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
13863000
CY2017 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
16989000
CY2016 us-gaap Ancillary Fee Income Generated By Servicing Financial Assets Amount
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
18758000
CY2018 sitc Lease Termination Fees
LeaseTerminationFees
3775000
CY2017 sitc Lease Termination Fees
LeaseTerminationFees
10505000
CY2016 sitc Lease Termination Fees
LeaseTerminationFees
3512000
CY2018 us-gaap Other Income
OtherIncome
2723000
CY2017 us-gaap Other Income
OtherIncome
3088000
CY2016 us-gaap Other Income
OtherIncome
3064000
CY2017Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1371000
CY2018 sitc Contract With Customer Assets Recognized
ContractWithCustomerAssetsRecognized
2236000
CY2018 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
2210000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1397000
CY2018 us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
All revenue from contracts with customers meets the exemption criteria for variable consideration directly allocable to wholly unsatisfied performance obligations or unsatisfied promise within a series and, therefore, the Company does not disclose the value of transaction price allocated to unsatisfied performance obligations. There is no fixed consideration included in the transaction price for any of these revenues.
CY2018Q4 sitc Company Share In Accumulated Equity Of Unconsolidated Joint Ventures
CompanyShareInAccumulatedEquityOfUnconsolidatedJointVentures
145786000
CY2017Q4 sitc Company Share In Accumulated Equity Of Unconsolidated Joint Ventures
CompanyShareInAccumulatedEquityOfUnconsolidatedJointVentures
132710000
CY2017Q4 sitc Investment In Redeemable Noncontrolling Interest Equity Preferred
InvestmentInRedeemableNoncontrollingInterestEquityPreferred
277776000
CY2018Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-8536000
CY2017Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-24973000
CY2018Q4 sitc Equity Method Investment Difference Between Carrying Amount And Underlying Equity Deferred Development Fees Net Of Portion Relating To Company Interest
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquityDeferredDevelopmentFeesNetOfPortionRelatingToCompanyInterest
2700000
CY2017Q4 sitc Equity Method Investment Difference Between Carrying Amount And Underlying Equity Deferred Development Fees Net Of Portion Relating To Company Interest
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquityDeferredDevelopmentFeesNetOfPortionRelatingToCompanyInterest
3065000
CY2018Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
5182000
CY2017Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
1365000
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
329623000
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
383813000
CY2018Q4 sitc Valuation Allowance Of Preferred Equity Interest
ValuationAllowanceOfPreferredEquityInterest
72400000
CY2017Q4 sitc Valuation Allowance Of Preferred Equity Interest
ValuationAllowanceOfPreferredEquityInterest
61000000
CY2018 sitc Income Loss From Equity Method Investments Before Amortization Of Basis Differentials
IncomeLossFromEquityMethodInvestmentsBeforeAmortizationOfBasisDifferentials
-2419000
CY2017 sitc Income Loss From Equity Method Investments Before Amortization Of Basis Differentials
IncomeLossFromEquityMethodInvestmentsBeforeAmortizationOfBasisDifferentials
3516000
CY2016 sitc Income Loss From Equity Method Investments Before Amortization Of Basis Differentials
IncomeLossFromEquityMethodInvestmentsBeforeAmortizationOfBasisDifferentials
11650000
CY2018 sitc Amortization Of Basis Differentials
AmortizationOfBasisDifferentials
11784000
CY2017 sitc Amortization Of Basis Differentials
AmortizationOfBasisDifferentials
5321000
CY2016 sitc Amortization Of Basis Differentials
AmortizationOfBasisDifferentials
4049000
CY2018 sitc Company Proportionate Share Of Impairment Charges
CompanyProportionateShareOfImpairmentCharges
13100000
CY2017 sitc Company Proportionate Share Of Impairment Charges
CompanyProportionateShareOfImpairmentCharges
5000000
CY2016 sitc Company Proportionate Share Of Impairment Charges
CompanyProportionateShareOfImpairmentCharges
2700000
CY2018 sitc Interest Income Earned On Preferred Interests In Joint Ventures
InterestIncomeEarnedOnPreferredInterestsInJointVentures
19000000
CY2017 sitc Interest Income Earned On Preferred Interests In Joint Ventures
InterestIncomeEarnedOnPreferredInterestsInJointVentures
25900000
CY2016 sitc Interest Income Earned On Preferred Interests In Joint Ventures
InterestIncomeEarnedOnPreferredInterestsInJointVentures
33400000
CY2018 sitc Other Revenue Earned From Unconsolidated Joint Ventures
OtherRevenueEarnedFromUnconsolidatedJointVentures
2600000
CY2017 sitc Other Revenue Earned From Unconsolidated Joint Ventures
OtherRevenueEarnedFromUnconsolidatedJointVentures
2800000
CY2016 sitc Other Revenue Earned From Unconsolidated Joint Ventures
OtherRevenueEarnedFromUnconsolidatedJointVentures
2900000
CY2018 sitc Fee And Other Income Earned From Unconsolidated Joint Ventures
FeeAndOtherIncomeEarnedFromUnconsolidatedJointVentures
47300000
CY2017 sitc Fee And Other Income Earned From Unconsolidated Joint Ventures
FeeAndOtherIncomeEarnedFromUnconsolidatedJointVentures
59200000
CY2016 sitc Fee And Other Income Earned From Unconsolidated Joint Ventures
FeeAndOtherIncomeEarnedFromUnconsolidatedJointVentures
69500000
CY2018Q4 sitc Percentage Of Net Asset Sale Proceeds Generated Thereafter Expected To Available To Repay Preferred Members
PercentageOfNetAssetSaleProceedsGeneratedThereafterExpectedToAvailableToRepayPreferredMembers
1.00
CY2018 sitc Paid In Kind No Longer Recognized
PaidInKindNoLongerRecognized
12200000
CY2017 sitc Paid In Kind No Longer Recognized
PaidInKindNoLongerRecognized
6300000
CY2016Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.25
CY2018 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
7300000
CY2017 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
6900000
CY2016 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
6800000
CY2018 sitc Notes Receivable Maturity Start Date
NotesReceivableMaturityStartDate
2019-06
CY2018 sitc Notes Receivable Maturity End Date
NotesReceivableMaturityEndDate
2023-06
CY2018Q4 sitc Note Receivable Interest Rate Percentage
NoteReceivableInterestRatePercentage
0.090
CY2017Q4 sitc Mortgage Loans Receivable Balance
MortgageLoansReceivableBalance
19675000
CY2016Q4 sitc Mortgage Loans Receivable Balance
MortgageLoansReceivableBalance
49488000
CY2018 sitc Mortgage Loans On Real Estate Interest
MortgageLoansOnRealEstateInterest
1839000
CY2017 sitc Mortgage Loans On Real Estate Interest
MortgageLoansOnRealEstateInterest
2276000
CY2018 sitc Mortgage Loans On Real Estate Accretion Of Discount
MortgageLoansOnRealEstateAccretionOfDiscount
0
CY2017 sitc Mortgage Loans On Real Estate Accretion Of Discount
MortgageLoansOnRealEstateAccretionOfDiscount
269000
CY2018 sitc Collections Of Principal And Interest
CollectionsOfPrincipalAndInterest
1839000
CY2017 sitc Collections Of Principal And Interest
CollectionsOfPrincipalAndInterest
32358000
CY2018Q4 sitc Mortgage Loans Receivable Balance
MortgageLoansReceivableBalance
19675000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
77419000
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
182407000
CY2018Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
5372000
CY2017Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
10806000
CY2018Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3612000
CY2017Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3869000
CY2018Q4 us-gaap Deposits Assets
DepositsAssets
4384000
CY2017Q4 us-gaap Deposits Assets
DepositsAssets
5076000
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5767000
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7901000
CY2018Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
50332000
CY2017Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
127513000
CY2018 sitc Amortization Of Intangible Assets Excluding Above And Below Market Leases
AmortizationOfIntangibleAssetsExcludingAboveAndBelowMarketLeases
34200000
CY2017 sitc Amortization Of Intangible Assets Excluding Above And Below Market Leases
AmortizationOfIntangibleAssetsExcludingAboveAndBelowMarketLeases
60700000
CY2016 sitc Amortization Of Intangible Assets Excluding Above And Below Market Leases
AmortizationOfIntangibleAssetsExcludingAboveAndBelowMarketLeases
72100000
CY2018 sitc Future Amortization Income Next Twelve Months
FutureAmortizationIncomeNextTwelveMonths
3600000
CY2018 sitc Future Amortization Income Year Two
FutureAmortizationIncomeYearTwo
3500000
CY2018 sitc Future Amortization Income Year Three
FutureAmortizationIncomeYearThree
3500000
CY2018 sitc Future Amortization Income Year Four
FutureAmortizationIncomeYearFour
3600000
CY2018 sitc Future Amortization Income Year Five
FutureAmortizationIncomeYearFive
3700000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17900000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12600000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9900000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7900000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6200000
CY2018 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The fixed-rate senior notes were issued pursuant to indentures that contain certain covenants, including limitation on incurrence of debt, maintenance of unencumbered real estate assets and debt service coverage. The covenants also require that the cumulative dividends declared or paid from December 31, 1993, through the end of the current period cannot exceed Funds From Operations (as defined in the agreement) plus an additional $20.0 million for the same period unless required to maintain REIT status
CY2018 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
At December 31, 2018 and 2017, the Company was in compliance with all of the financial and other covenants under the indentures.
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2372000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
41684000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
143412000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
201366000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
136977000
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1367343000
CY2018Q4 sitc Long Term Debt Maturing Net Before Fair Market Value Of Debt Adjustment
LongTermDebtMaturingNetBeforeFairMarketValueOfDebtAdjustment
1893154000
CY2018Q4 sitc Long Term Debt Fair Market Value Of Debt Adjustment
LongTermDebtFairMarketValueOfDebtAdjustment
1546000
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10295000
CY2018 sitc Gross Fees Paid For Revolving Credit Facilities And Term Loans
GrossFeesPaidForRevolvingCreditFacilitiesAndTermLoans
2700000
CY2017 sitc Gross Fees Paid For Revolving Credit Facilities And Term Loans
GrossFeesPaidForRevolvingCreditFacilitiesAndTermLoans
1900000
CY2016 sitc Gross Fees Paid For Revolving Credit Facilities And Term Loans
GrossFeesPaidForRevolvingCreditFacilitiesAndTermLoans
1800000
CY2018Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
210000000
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
297900000
CY2018Q4 sitc Revolving Credit Facilities And Term Loans
RevolvingCreditFacilitiesAndTermLoans
149655000
CY2017Q4 sitc Revolving Credit Facilities And Term Loans
RevolvingCreditFacilitiesAndTermLoans
398130000
CY2018 sitc Real Estate Rental Revenues Lost And Not Recognized Due To Hurricanes
RealEstateRentalRevenuesLostAndNotRecognizedDueToHurricanes
6700000
CY2017Q4 sitc Commitments For Construction Of Properties
CommitmentsForConstructionOfProperties
17600000
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
16300000
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
3900000
CY2018 sitc Maturity Date Of Loan
MaturityDateOfLoan
2020-10
CY2018 sitc Long Term Ground Leases Expiration Period
LongTermGroundLeasesExpirationPeriod
various dates through 2070
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
306740000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
279374000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
243379000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
202371000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
150909000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
417296000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1600069000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3253000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4070000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4080000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3928000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3417000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
120825000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
139573000
CY2018Q4 us-gaap Other Ownership Interests Units Outstanding
OtherOwnershipInterestsUnitsOutstanding
140633
CY2017Q4 us-gaap Other Ownership Interests Units Outstanding
OtherOwnershipInterestsUnitsOutstanding
184588
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.16
CY2017 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.52
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.52
CY2016 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
1403000
CY2016 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-688000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2091000
CY2017 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
2258000
CY2017 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-828000
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3086000
CY2018 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-744000
CY2018 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-469000
CY2018 sitc Assets Marketed For Sale
AssetsMarketedForSale
5800000
CY2017 sitc Assets Marketed For Sale
AssetsMarketedForSale
58200000
CY2016 sitc Assets Marketed For Sale
AssetsMarketedForSale
67400000
CY2018 sitc Impairment Of Assets Included In Spin Off
ImpairmentOfAssetsIncludedInSpinOff
62600000
CY2017 sitc Impairment Of Assets Included In Spin Off
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43500000
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80700000
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one-for-two
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392000
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903000
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366000
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588000
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0
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139000
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446000
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368000
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398000
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519000
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38.32
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40.58
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33.48
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23.24
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58.92
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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28.86
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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14.66
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44.62
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0
CY2018 sitc Share Based Compensation Arrangement By Share Based Payment Award Options Spin Off Adjustments Weighted Average Grand Date Fair Value
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0
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32.26
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25.86
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34.92
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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40.98
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P5Y2M12D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y9M18D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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27000
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27000
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
196000
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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1608000
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446000
CY2018 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
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P5Y2M12D
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
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25.71
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368000
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
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25.86
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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1137000
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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989000
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786000
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79766000
CY2017 sitc Net Income Loss Attributable To Common Shareholders After Allocation To Participating Securities
NetIncomeLossAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
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36851000
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184528000
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183681000
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CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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7000
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0
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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134000
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184535000
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182781000
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400000
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900000
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0.90
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P3Y
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0
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2018 sitc Federal Excise Taxes
FederalExciseTaxes
0
CY2017 sitc Federal Excise Taxes
FederalExciseTaxes
0
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FederalExciseTaxes
0
CY2018 sitc Period For Which Company May No Longer Qualify As Reit
PeriodForWhichCompanyMayNoLongerQualifyAsReit
P4Y
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5000000000
CY2017Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
9100000000
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DividendsDesignatedToPriorPeriods
5594000
CY2016 sitc Dividends Designated To Prior Periods
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5594000
CY2018 sitc Net Tax Payment Made
NetTaxPaymentMade
1100000
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700000
CY2018 sitc Dividends Designated From Following Periods
DividendsDesignatedFromFollowingPeriods
8383000
CY2017 sitc Dividends Designated From Following Periods
DividendsDesignatedFromFollowingPeriods
8383000
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DividendsDesignatedFromFollowingPeriods
5594000
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8352000
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CompensationExpenseBenefit
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689544000
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237383000
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336530000
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376493000
CY2018 sitc Tax Depreciation And Amortization
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TaxDepreciationAndAmortization
214298000
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224766000
CY2018 us-gaap Income Tax Reconciliation Disposition Of Assets
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161452000
CY2017 us-gaap Income Tax Reconciliation Disposition Of Assets
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195294000
CY2016 us-gaap Income Tax Reconciliation Disposition Of Assets
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155170000
CY2018 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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40682000
CY2017 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
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-3802000
CY2018 sitc Deferred Income
DeferredIncome
8436000
CY2017 sitc Deferred Income
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26032000
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5237000
CY2018 sitc Impairment Charges Reconciliation Including Investments
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80746000
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406580000
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110906000
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CY2017 us-gaap Tax Adjustments Settlements And Unusual Provisions
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CY2016 us-gaap Tax Adjustments Settlements And Unusual Provisions
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0
CY2018 sitc Rvi Transaction Costs
RVITransactionCosts
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CY2017 sitc Rvi Transaction Costs
RVITransactionCosts
0
CY2016 sitc Rvi Transaction Costs
RVITransactionCosts
0
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CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2625000
CY2018 sitc Taxable Income Loss Before Adjustments
TaxableIncomeLossBeforeAdjustments
184829000
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TaxableIncomeLossBeforeAdjustments
81003000
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TaxableIncomeLossBeforeAdjustments
147459000
CY2018 sitc Capital Gains
CapitalGains
0
CY2017 sitc Capital Gains
CapitalGains
0
CY2016 sitc Capital Gains
CapitalGains
0
CY2018 sitc Taxable Income
TaxableIncome
184829000
CY2017 sitc Taxable Income
TaxableIncome
81003000
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TaxableIncome
147459000
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DividendsCash
304973000
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293031000
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StockDividendInAccordanceWithSpinOff
593659000
CY2017 sitc Stock Dividend In Accordance With Spin Off
StockDividendInAccordanceWithSpinOff
0
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StockDividendInAccordanceWithSpinOff
0
CY2018 us-gaap Dividends
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CY2017 us-gaap Dividends
Dividends
304973000
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Dividends
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8383000
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ReturnOfCapital
226759000
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ReturnOfCapital
145572000
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184829000
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DividendPaidDeduction
81003000
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147459000
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664467000
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42788000
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207992000
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499263000
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30553000
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263743000
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657845000
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265675000
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
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8248003000
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972571000
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33234000
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292134000
CY2016 us-gaap Operating Income Loss
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713671000
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278640000
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
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184655000
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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184655000
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
184412000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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183515000
CY2018Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
900000
CY2017Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
280100000
CY2018Q4 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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182300000
CY2018Q4 us-gaap Earnings Per Share Diluted
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CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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2973513000
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
1920000
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
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3736653000
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
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1172357000
CY2018Q4 us-gaap Sec Schedule Iii Real Estate Investment Property Net
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3455509000
CY2018Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
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87467000
CY2018Q4 sitc Real Estate Land Under Development
RealEstateLandUnderDevelopment
17700000
CY2018Q4 sitc Real Estate Construction In Progress
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37300000
CY2018Q4 sitc Fair Market Value Of Debt Adjustments And Unamortized Debt Issuance Costs
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1300000
CY2017Q4 sitc Real Estate Owned At Carrying Value
RealEstateOwnedAtCarryingValue
8248003000
CY2016Q4 sitc Real Estate Owned At Carrying Value
RealEstateOwnedAtCarryingValue
9244058000
CY2015Q4 sitc Real Estate Owned At Carrying Value
RealEstateOwnedAtCarryingValue
10128199000
CY2018 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
34675000
CY2017 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
82137000
CY2016 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
130512000
CY2018 us-gaap Real Estate Improvements
RealEstateImprovements
120325000
CY2017 us-gaap Real Estate Improvements
RealEstateImprovements
119651000
CY2016 us-gaap Real Estate Improvements
RealEstateImprovements
148521000
CY2018 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
56317000
CY2017 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
345282000
CY2016 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
109912000
CY2018 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
998776000
CY2017 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
852561000
CY2016 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
1053262000
CY2018 sitc Real Estate Spin Off
RealEstateSpinOff
2720044000
CY2017 sitc Real Estate Spin Off
RealEstateSpinOff
0
CY2016 sitc Real Estate Spin Off
RealEstateSpinOff
0
CY2018Q4 sitc Real Estate Owned At Carrying Value
RealEstateOwnedAtCarryingValue
4627866000
CY2017Q4 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
1953479000
CY2016Q4 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
1996176000
CY2015Q4 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
2062899000
CY2018 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
207902000
CY2017 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
285484000
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
317402000
CY2018 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
268405000
CY2017 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
328181000
CY2016 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
384125000
CY2018 sitc Real Estate Accumulated Depreciation Spin Off
RealEstateAccumulatedDepreciationSpinOff
720619000
CY2017 sitc Real Estate Accumulated Depreciation Spin Off
RealEstateAccumulatedDepreciationSpinOff
0
CY2016 sitc Real Estate Accumulated Depreciation Spin Off
RealEstateAccumulatedDepreciationSpinOff
0
CY2018Q4 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
1172357000
CY2018Q4 srt Mortgage Loans On Real Estate Prior Liens1
MortgageLoansOnRealEstatePriorLiens1
617352000
CY2018Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
402174000
CY2018Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
209566000
CY2018Q4 srt Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
0
CY2018Q4 srt Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
294200000
CY2017Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
297451000
CY2016Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
442826000
CY2015Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
437144000
CY2018 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
0
CY2017 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
0
CY2016 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
11139000
CY2018 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
20807000
CY2017 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
28116000
CY2016 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
36499000
CY2016 sitc Mortgage Loans On Real Estate Accretion Of Discount
MortgageLoansOnRealEstateAccretionOfDiscount
1038000
CY2018 sitc Mortgage Loans On Real Estate Loan Loss Reserves
MortgageLoansOnRealEstateLoanLossReserves
11422000
CY2017 sitc Mortgage Loans On Real Estate Loan Loss Reserves
MortgageLoansOnRealEstateLoanLossReserves
61000000
CY2016 sitc Mortgage Loans On Real Estate Loan Loss Reserves
MortgageLoansOnRealEstateLoanLossReserves
0
CY2018 sitc Mortgage Loans On Real Estate Collections Of Principal And Interest
MortgageLoansOnRealEstateCollectionsOfPrincipalAndInterest
97270000
CY2017 sitc Mortgage Loans On Real Estate Collections Of Principal And Interest
MortgageLoansOnRealEstateCollectionsOfPrincipalAndInterest
112760000
CY2016 sitc Mortgage Loans On Real Estate Collections Of Principal And Interest
MortgageLoansOnRealEstateCollectionsOfPrincipalAndInterest
42994000

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