CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
|
| Revenues | ||||
| Rental income | $ 339,397 | $ 315,587 | $ 676,638 | $ 635,076 |
| Other revenues | 95 | 102 | 366 | 854 |
| Total revenues | 339,492 | 315,689 | 677,004 | 635,930 |
| Operating expenses | ||||
| Operating costs | 39,877 | 36,919 | 79,088 | 74,076 |
| Real estate taxes | 43,559 | 36,349 | 88,452 | 77,757 |
| Depreciation and amortization | 103,277 | 92,018 | 208,874 | 183,236 |
| Impairment of real estate assets | 0 | 5,280 | 0 | 5,280 |
| General and administrative | 29,093 | 29,689 | 57,266 | 58,180 |
| Total operating expenses | 215,806 | 200,255 | 433,680 | 398,529 |
| Other income (expense) | ||||
| Dividends and interest | 1,190 | 6,632 | 2,896 | 10,509 |
| Interest expense | (54,409) | (53,655) | (108,493) | (105,143) |
| Gain on sale of real estate assets | 15,755 | 1,814 | 18,825 | 16,956 |
| Gain (loss) on extinguishment of debt, net | (296) | 281 | (296) | 281 |
| Other | (780) | (381) | (1,373) | (974) |
| Total other expense | (38,540) | (45,309) | (88,441) | (78,371) |
| Net income | 85,146 | 70,125 | 154,883 | 159,030 |
| Net income attributable to non-controlling interests | (7) | 0 | (15) | 0 |
| Net income attributable to Brixmor Property Group Inc. | $ 85,139 | $ 70,125 | $ 154,868 | $ 159,030 |
| Net income attributable to Brixmor Property Group Inc. per common share: | ||||
| Basic (usd per share) | $ 0.28 | $ 0.23 | $ 0.50 | $ 0.53 |
| Diluted (usd per share) | $ 0.28 | $ 0.23 | $ 0.50 | $ 0.52 |
| Weighted average shares: | ||||
| Basic (in shares) | 306,975 | 302,197 | 306,923 | 302,120 |
| Diluted (in shares) | 307,609 | 302,903 | 307,547 | 302,796 |
| Brixmor Operating Partnership LP | ||||
| Revenues | ||||
| Rental income | $ 339,397 | $ 315,587 | $ 676,638 | $ 635,076 |
| Other revenues | 95 | 102 | 366 | 854 |
| Total revenues | 339,492 | 315,689 | 677,004 | 635,930 |
| Operating expenses | ||||
| Operating costs | 39,877 | 36,919 | 79,088 | 74,076 |
| Real estate taxes | 43,559 | 36,349 | 88,452 | 77,757 |
| Depreciation and amortization | 103,277 | 92,018 | 208,874 | 183,236 |
| Impairment of real estate assets | 0 | 5,280 | 0 | 5,280 |
| General and administrative | 29,093 | 29,689 | 57,266 | 58,180 |
| Total operating expenses | 215,806 | 200,255 | 433,680 | 398,529 |
| Other income (expense) | ||||
| Dividends and interest | 1,190 | 6,632 | 2,896 | 10,509 |
| Interest expense | (54,409) | (53,655) | (108,493) | (105,143) |
| Gain on sale of real estate assets | 15,755 | 1,814 | 18,825 | 16,956 |
| Gain (loss) on extinguishment of debt, net | (296) | 281 | (296) | 281 |
| Other | (780) | (381) | (1,373) | (974) |
| Total other expense | (38,540) | (45,309) | (88,441) | (78,371) |
| Net income | 85,146 | 70,125 | 154,883 | 159,030 |
| Net income attributable to non-controlling interests | (7) | 0 | (15) | 0 |
| Net income attributable to Brixmor Property Group Inc. | $ 85,139 | $ 70,125 | $ 154,868 | $ 159,030 |
| Net income attributable to Brixmor Property Group Inc. per common share: | ||||
| Basic (usd per share) | $ 0.28 | $ 0.23 | $ 0.50 | $ 0.53 |
| Diluted (usd per share) | $ 0.28 | $ 0.23 | $ 0.50 | $ 0.52 |
| Weighted average shares: | ||||
| Basic (in shares) | 306,975 | 302,197 | 306,923 | 302,120 |
| Diluted (in shares) | 307,609 | 302,903 | 307,547 | 302,796 |
| X | ||||||||||
- Definition Gain loss due to management fees. No definition available.
|
| X | ||||||||||
- Definition The charge against income from continuing operations to reduce carrying amount of real property to fair value. No definition available.
|
| X | ||||||||||
- Definition Weighted Aerage Cmmon Otstanding Sares [Abstract] No definition available.
|
| X | ||||||||||
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount, after discount, accretion and premium amortization, of interest income and dividend income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition A tax based on the assessed value of real estate by the local government. The tax is usually based on the value of property (including the land). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|