Component: (Network and Table)
Network
00200 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(http://www.howardhughes.com/role/StatementCondensedConsolidatedStatementsOfOperations)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001498828 (http://www.sec.gov/CIK)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSPeriod [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
 
 
 
Revenues:
 
 
 
Condominium rights and unit sales
485,634,000  
305,284,000  
83,565,000  
Master Planned Community land sales
215,318,000  
187,399,000  
325,099,000  
Minimum rents
173,268,000  
150,805,000  
97,234,000  
Builder price participation
21,386,000  
26,846,000  
20,908,000  
Tenant recoveries
44,330,000  
39,542,000  
28,353,000  
Hospitality revenues
62,252,000  
45,374,000  
37,921,000  
Other land revenues
16,232,000  
14,803,000  
16,503,000  
Other rental and property revenues
16,585,000  
27,035,000  
24,982,000  
Total revenues
1,035,005,000  
 
797,088,000  
 
634,565,000  
 
Expenses:
 
 
 
Condominium rights and unit cost of sales
319,325,000  
191,606,000  
49,995,000  
Master Planned Community cost of sales
95,727,000  
88,065,000  
119,672,000  
Master Planned Community operations
42,371,000  
44,907,000  
41,794,000  
Other property operating costs
65,978,000  
72,751,000  
67,034,000  
Rental property real estate taxes
26,847,000  
24,138,000  
17,407,000  
Rental property maintenance costs
12,392,000  
10,712,000  
9,135,000  
Hospitality operating costs
49,359,000  
34,839,000  
31,829,000  
Provision for doubtful accounts
5,664,000  
4,030,000  
1,404,000  
Demolition costs
2,212,000  
3,297,000  
6,734,000  
Development-related marketing costs
22,184,000  
25,466,000  
22,783,000  
General and administrative
86,588,000  
81,345,000  
73,569,000  
Depreciation and amortization
95,864,000  
98,997,000  
55,958,000  
Total expenses
824,511,000  
 
680,153,000  
 
497,314,000  
 
Operating income before other items
210,494,000  
116,935,000  
137,251,000  
Other:
 
 
 
Provision for impairment
(35,734,000) 
  
Gain on sale of 80 South Street Assemblage
140,549,000  
  
Other income, net
11,453,000  
1,829,000  
29,471,000  
Total other
116,268,000  
 
1,829,000  
 
29,471,000  
 
Operating income
326,762,000  
 
118,764,000  
 
166,722,000  
 
Interest income
1,359,000  
586,000  
22,531,000  
Interest expense
(65,724,000) 
(59,744,000) 
(38,624,000) 
Warrant liability (loss) gain
(24,410,000) 
58,320,000  
(60,520,000) 
Gain on acquisition of partner's interest in Millennium Six Pines Apartments
27,088,000  
  
Increase in tax indemnity receivable
  
90,000  
Loss on settlement of tax indemnity receivable
  
(74,095,000) 
(Loss) gain on disposal of operating assets
(1,117,000) 
29,073,000  
 
Equity in earnings from Real Estate and Other Affiliates
56,818,000  
3,721,000  
23,336,000  
Income (loss) before taxes
320,776,000  
 
150,720,000  
 
39,440,000  
 
Provision for income taxes
(118,450,000) 
(24,001,000) 
(62,960,000) 
Net income (loss)
202,326,000  
 
126,719,000  
 
(23,520,000) 
 
Net income attributable to noncontrolling interests
(23,000) 
 
(11,000) 
Net income (loss) attributable to common stockholders
202,303,000  
 
126,719,000  
 
(23,531,000) 
 
Basic income (loss) per share: (in dollars per share)
5.12  
3.21  
(.60) 
Diluted income (loss) per share: (in dollars per share)
4.73  
1.60  
(.60)