v3.21.2

Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenues:
Lease income	$ 121,239	$ 96,803	$ 240,619	$ 215,498
Expenses:
Operating expenses	17,180	14,843	35,245	31,257
Real estate taxes	17,799	17,916	36,733	36,449
Depreciation and amortization	41,815	43,755	89,682	83,928
Provision for impairment of investment properties	0	0	0	346
General and administrative expenses	10,374	8,491	21,492	17,656
Total expenses	87,168	85,005	183,152	169,636
Other (expense) income:
Interest expense	(18,776)	(19,360)	(37,528)	(36,406)
Gain on litigation settlement	0	0	0	6,100
Other income (expense), net	92	215	161	(546)
Net income (loss)	15,387	(7,347)	20,100	15,010
Net loss attributable to noncontrolling interests	9	0	9	0
Net income (loss) attributable to common shareholders	$ 15,396	$ (7,347)	$ 20,109	$ 15,010
Earnings (loss) per common share – basic and diluted:
Net income (loss) per common share attributable to common shareholders	$ 0.07	$ (0.04)	$ 0.09	$ 0.07
Net income (loss)	$ 15,387	$ (7,347)	$ 20,100	$ 15,010
Other comprehensive income (loss):
Net unrealized gain (loss) on derivative instruments (Note 8)	784	694	8,903	(26,888)
Comprehensive income (loss)	16,171	(6,653)	29,003	(11,878)
Comprehensive loss attributable to noncontrolling interests	9	0	9	0
Comprehensive income (loss) attributable to the Company	$ 16,180	$ (6,653)	$ 29,012	$ (11,878)
Weighted average number of common shares outstanding – basic	213,813	213,337	213,732	213,276
Weighted average number of common shares outstanding – diluted	214,069	213,337	214,209	213,276

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(22))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(24))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e557-108580

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(26))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1B
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669625-108580

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669619-108580

RETAIL PROPERTIES OF AMERICA, INC. 10-Q