2020 Q1 Form 10-Q Financial Statement

#000156459020019957 Filed on April 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019 Q1
Revenue $129.3M $125.8M $131.0M
YoY Change -1.31% -7.9% -39.08%
Cost Of Revenue $36.10M $33.10M $36.60M
YoY Change -1.37% -14.69% -43.69%
Gross Profit $93.20M $92.70M $94.40M
YoY Change -1.27% -5.21% -37.07%
Gross Profit Margin 72.07% 73.7% 72.05%
Selling, General & Admin $11.40M $14.00M $14.10M
YoY Change -19.15% -14.11% 10.16%
% of Gross Profit 12.23% 15.1% 14.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.00M $41.70M $42.60M
YoY Change 0.94% -8.55% -42.74%
% of Gross Profit 46.14% 44.98% 45.13%
Operating Expenses $54.40M $55.70M $93.92M
YoY Change -42.08% -10.02% -48.82%
Operating Profit $93.17M $37.00M $94.44M
YoY Change -1.34% 3.06% -37.05%
Interest Expense -$14.90M -$10.30M $21.73M
YoY Change -168.58% -50.24% -50.67%
% of Operating Profit -15.99% -27.84% 23.01%
Other Income/Expense, Net -$17.41M -$2.600M -$17.05M
YoY Change 2.09% -62.32% -83.0%
Pretax Income $34.86M $24.10M $36.37M
YoY Change -4.14% -673.81% -152.9%
Income Tax $233.0K -$200.0K $300.0K
% Of Pretax Income 0.67% -0.83% 0.82%
Net Earnings $34.63M $24.00M $35.79M
YoY Change -3.25% -86.73% -166.09%
Net Earnings / Revenue 26.78% 19.08% 27.32%
Basic Earnings Per Share $0.15 $0.05 $0.15
Diluted Earnings Per Share $0.15 $0.05 $0.15
COMMON SHARES
Basic Shares Outstanding 193.7M 190.4M 180.5M
Diluted Shares Outstanding 193.7M 190.5M 181.1M

Balance Sheet

Concept 2020 Q1 2019 Q4 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $514.0M $16.00M $10.00M
YoY Change 5040.0% 45.45% -41.18%
Cash & Equivalents $514.3M $16.08M $11.67M
Short-Term Investments
Other Short-Term Assets $11.00M $6.000M $10.00M
YoY Change 10.0% 20.0% -61.54%
Inventory
Prepaid Expenses
Receivables $56.00M $61.00M $61.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $581.0M $83.00M $81.00M
YoY Change 617.28% 0.0% -61.24%
LONG-TERM ASSETS
Property, Plant & Equipment $3.426B $3.442B $3.407B
YoY Change 0.56% -0.41% -44.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $369.0M $485.0M $527.0M
YoY Change -29.98% -12.45% 57.78%
Other Assets $8.000M $11.00M $7.000M
YoY Change 14.29% 37.5% -87.72%
Total Long-Term Assets $3.864B $4.011B $4.035B
YoY Change -4.24% -2.73% -39.79%
TOTAL ASSETS
Total Short-Term Assets $581.0M $83.00M $81.00M
Total Long-Term Assets $3.864B $4.011B $4.035B
Total Assets $4.445B $4.094B $4.116B
YoY Change 8.0% -2.68% -40.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $187.0M $180.0M $154.0M
YoY Change 21.43% -11.76% -51.57%
Accrued Expenses $41.00M $40.00M
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 $231.0M $265.0M $239.0M
YoY Change -3.35% 6.43% -39.8%
LONG-TERM LIABILITIES
Long-Term Debt $2.247B $1.847B $1.824B
YoY Change 23.19% -1.96% -51.26%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.247B $1.847B $1.824B
YoY Change 23.19% -1.96% -51.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $231.0M $265.0M $239.0M
Total Long-Term Liabilities $2.247B $1.847B $1.824B
Total Liabilities $2.478B $2.112B $2.066B
YoY Change 19.92% -0.99% -50.13%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $19.40M $19.38M
YoY Change 4.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.964B $1.978B $2.050B
YoY Change
Total Liabilities & Shareholders Equity $4.445B $4.094B $4.116B
YoY Change 8.0% -2.68% -40.43%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019 Q1
OPERATING ACTIVITIES
Net Income $34.63M $24.00M $35.79M
YoY Change -3.25% -86.73% -166.09%
Depreciation, Depletion And Amortization $43.00M $41.70M $42.60M
YoY Change 0.94% -8.55% -42.74%
Cash From Operating Activities $35.85M $80.80M $42.26M
YoY Change -15.17% 22.61% -26.83%
INVESTING ACTIVITIES
Capital Expenditures -$23.00M -$104.8M -$18.20M
YoY Change 26.37% 65.82% -47.55%
Acquisitions
YoY Change
Other Investing Activities $152.2M $64.80M $94.60M
YoY Change 60.89% -89.03% -49.73%
Cash From Investing Activities $129.1M -$40.00M $76.46M
YoY Change 68.9% -107.59% -50.2%
FINANCING ACTIVITIES
Cash Dividend Paid $44.04M $45.26M
YoY Change -2.71% -42.38%
Common Stock Issuance & Retirement, Net $7.500M $14.07M
YoY Change -46.69% -373.24%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 330.2M -47.60M -120.7M
YoY Change -373.61% -91.97% -49.75%
NET CHANGE
Cash From Operating Activities 35.85M 80.80M 42.26M
Cash From Investing Activities 129.1M -40.00M 76.46M
Cash From Financing Activities 330.2M -47.60M -120.7M
Net Change In Cash 495.2M -6.800M -1.974M
YoY Change -25187.28% -2366.67% -93.17%
FREE CASH FLOW
Cash From Operating Activities $35.85M $80.80M $42.26M
Capital Expenditures -$23.00M -$104.8M -$18.20M
Free Cash Flow $58.85M $185.6M $60.46M
YoY Change -2.67% 43.76% -34.61%

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CY2019Q1 us-gaap Payments To Acquire Interest In Joint Venture
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CY2020Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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CY2019Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
11928000
CY2020Q1 sitc Repayments Of Joint Venture Advances Net
RepaymentsOfJointVentureAdvancesNet
0
CY2019Q1 sitc Repayments Of Joint Venture Advances Net
RepaymentsOfJointVentureAdvancesNet
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CY2020Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
7500000
CY2019Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0
CY2020Q1 sitc Payments For Proceeds From Net Transactions With Affiliates
PaymentsForProceedsFromNetTransactionsWithAffiliates
0
CY2019Q1 sitc Payments For Proceeds From Net Transactions With Affiliates
PaymentsForProceedsFromNetTransactionsWithAffiliates
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
76460000
CY2020Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
640000000
CY2019Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-60000000
CY2020Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
216568000
CY2019Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0
CY2020Q1 sitc Repayments Of Term Loan And Mortgage Debt
RepaymentsOfTermLoanAndMortgageDebt
40436000
CY2019Q1 sitc Repayments Of Term Loan And Mortgage Debt
RepaymentsOfTermLoanAndMortgageDebt
526000
CY2020Q1 sitc Proceeds From Repurchase Of Common Shares
ProceedsFromRepurchaseOfCommonShares
-948000
CY2019Q1 sitc Proceeds From Repurchase Of Common Shares
ProceedsFromRepurchaseOfCommonShares
-627000
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7500000
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14069000
CY2020Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
278000
CY2019Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
213000
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
44036000
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
45262000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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330234000
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8000
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q1 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 (“GAAP”) 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.  Actual results could differ from those estimates.  </p>
CY2020Q1 sitc Fee And Other Income Including Revenue From Contracts With Customers
FeeAndOtherIncomeIncludingRevenueFromContractsWithCustomers
16781000
CY2019Q1 sitc Fee And Other Income Including Revenue From Contracts With Customers
FeeAndOtherIncomeIncludingRevenueFromContractsWithCustomers
18801000
CY2020Q1 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
94500000
CY2019Q4 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
114000000.0
CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
44000000.0
CY2019Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
44600000
CY2020Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
7700000
CY2019Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
8800000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2019Q4 sitc Company Share In Accumulated Equity Of Unconsolidated Joint Ventures
CompanyShareInAccumulatedEquityOfUnconsolidatedJointVentures
186247000
CY2019Q4 sitc Investment In Redeemable Noncontrolling Interest Equity Preferred
InvestmentInRedeemableNoncontrollingInterestEquityPreferred
112589000
CY2019Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-6864000
CY2019Q4 sitc Equity Method Investment Difference Between Carrying Amount And Underlying Equity Deferred Development Fees Net Of Portion Relating To Company Interest
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquityDeferredDevelopmentFeesNetOfPortionRelatingToCompanyInterest
2452000
CY2019Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
4975000
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
294495000
CY2019Q4 sitc Valuation Allowance Of Preferred Equity Interest
ValuationAllowanceOfPreferredEquityInterest
87900000
CY2019Q1 sitc Income Loss From Equity Method Investments Before Amortization Of Basis Differentials
IncomeLossFromEquityMethodInvestmentsBeforeAmortizationOfBasisDifferentials
845000
CY2019Q1 sitc Amortization Of Basis Differentials
AmortizationOfBasisDifferentials
198000
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2171000
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1043000
CY2020Q1 sitc Interest Income Earned On Preferred Interests In Joint Ventures
InterestIncomeEarnedOnPreferredInterestsInJointVentures
3500000
CY2019Q1 sitc Interest Income Earned On Preferred Interests In Joint Ventures
InterestIncomeEarnedOnPreferredInterestsInJointVentures
4200000
CY2020Q1 sitc Other Revenue Earned From Unconsolidated Joint Ventures
OtherRevenueEarnedFromUnconsolidatedJointVentures
700000
CY2019Q1 sitc Other Revenue Earned From Unconsolidated Joint Ventures
OtherRevenueEarnedFromUnconsolidatedJointVentures
800000
CY2020Q1 sitc Interest Income And Other Revenue Earned From Unconsolidated Joint Ventures
InterestIncomeAndOtherRevenueEarnedFromUnconsolidatedJointVentures
4200000
CY2019Q1 sitc Interest Income And Other Revenue Earned From Unconsolidated Joint Ventures
InterestIncomeAndOtherRevenueEarnedFromUnconsolidatedJointVentures
5000000.0
CY2020Q1 sitc Fee And Other Income Earned From Unconsolidated Joint Ventures
FeeAndOtherIncomeEarnedFromUnconsolidatedJointVentures
11300000
CY2019Q1 sitc Fee And Other Income Earned From Unconsolidated Joint Ventures
FeeAndOtherIncomeEarnedFromUnconsolidatedJointVentures
11600000
CY2020Q1 sitc Reserve Adjustment Of Preferred Equity Interests
ReserveAdjustmentOfPreferredEquityInterests
18100000
CY2019Q4 us-gaap Deposits Assets
DepositsAssets
4087000
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7629000
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8127000
CY2020Q1 us-gaap Other Assets
OtherAssets
101614000
CY2019Q4 us-gaap Other Assets
OtherAssets
108631000
CY2020Q1 sitc Impairment Charges Including Discontinued Operations And Investment
ImpairmentChargesIncludingDiscontinuedOperationsAndInvestment
18100000
CY2019Q1 sitc Impairment Charges Including Discontinued Operations And Investment
ImpairmentChargesIncludingDiscontinuedOperationsAndInvestment
1700000
CY2020Q1 us-gaap Below Market Lease Net
BelowMarketLeaseNet
45700000
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
46961000
CY2020Q1 sitc Amortization Of Intangible Assets Excluding Above And Below Market Leases
AmortizationOfIntangibleAssetsExcludingAboveAndBelowMarketLeases
3800000
CY2019Q1 sitc Amortization Of Intangible Assets Excluding Above And Below Market Leases
AmortizationOfIntangibleAssetsExcludingAboveAndBelowMarketLeases
5000000.0
CY2019Q1 us-gaap Other Income
OtherIncome
18801000
CY2019Q1 us-gaap Revenues
Revenues
131022000
CY2019Q1 sitc Rental Operating Expense
RentalOperatingExpense
36584000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
94438000
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
620000
CY2019Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
42608000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54025000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
58021000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
22013000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
21792000
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
0
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
7541000
CY2020Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
10826000
CY2019Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
6104000
CY2020Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3329000
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
2959000
CY2020Q1 us-gaap Deposits Assets
DepositsAssets
3792000
CY2020Q1 sitc Reserve Adjustment Of Preferred Equity Interests
ReserveAdjustmentOfPreferredEquityInterests
18057000
CY2020Q1 sitc Gain On Sale Of Interest In Joint Venture
GainOnSaleOfInterestInJointVenture
45681000
CY2020Q1 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
773000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34861000
CY2020Q1 sitc Rental Operating Expense
RentalOperatingExpense
36137000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
93173000
CY2020Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
42993000
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
3485000
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17409000
CY2020Q1 sitc Unallocated Expense
UnallocatedExpense
31963000
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2171000
CY2020Q1 us-gaap Senior Notes
SeniorNotes
1447997000
CY2019Q4 us-gaap Senior Notes
SeniorNotes
1647963000
CY2020Q1 sitc Revolving Credit Facilities And Term Loans
RevolvingCreditFacilitiesAndTermLoans
744504000
CY2019Q4 sitc Revolving Credit Facilities And Term Loans
RevolvingCreditFacilitiesAndTermLoans
104460000
CY2020Q1 us-gaap Notes And Loans Payable
NotesAndLoansPayable
54210000
CY2019Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
94874000
CY2020Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2246711000
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
1847297000
CY2020Q1 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-785000
CY2020Q1 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-1172000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
387000
CY2020Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
600000
CY2020Q1 sitc Reserve Of Preferred Equity Interests
ReserveOfPreferredEquityInterests
18100000
CY2019Q1 sitc Reserve Of Preferred Equity Interests
ReserveOfPreferredEquityInterests
1100000
CY2020Q1 sitc Reserve Of Preferred Equity Interests
ReserveOfPreferredEquityInterests
18100000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
34628000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
36095000
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
295000
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
305000
CY2020Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5133000
CY2019Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8383000
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
149000
CY2019Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
172000
CY2020Q1 sitc Net Income Loss Attributable To Common Shareholders After Allocation To Participating Securities
NetIncomeLossAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
29051000
CY2019Q1 sitc Net Income Loss Attributable To Common Shareholders After Allocation To Participating Securities
NetIncomeLossAttributableToCommonShareholdersAfterAllocationToParticipatingSecurities
27235000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193726000
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
180546000
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
545000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
193726000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
181091000
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2020Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
800000
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
7500000
CY2020Q1 sitc Rental Income
RentalIncome
112529000
CY2020Q1 us-gaap Other Income
OtherIncome
16781000
CY2020Q1 us-gaap Revenues
Revenues
129310000
CY2020Q1 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
4726969000
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
0
CY2019Q1 sitc Rental Income
RentalIncome
112221000
CY2019Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
4521000
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
153000
CY2019Q1 sitc Unallocated Expense
UnallocatedExpense
35838000
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1043000
CY2019Q1 sitc Reserve Adjustment Of Preferred Equity Interests
ReserveAdjustmentOfPreferredEquityInterests
1099000
CY2019Q1 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
16377000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36367000
CY2019Q1 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
4583366000
CY2019Q1 us-gaap Notes Receivable Net
NotesReceivableNet
19675000

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