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EX - 99.1 sec.report/Document/0001193 125-21-317624 / d399617dex991.htm LOGO Results of Operations : Revenues : Leasing revenue Other income Management Companies ' revenues Total revenues Expenses : Shopping center and operating expenses Management Companies ' operating expenses Leasing expenses REIT general and administrative expenses Depreciation and amortization Interest expense ( a ) Loss on extinguishment of debt Total expenses ( IN THOUSANDS , EXCEPT PER SHARE AMOUNTS ) Equity in ( loss ) income of unconsolidated joint ventures Income tax ( expense ) benefit THE MACERICH COMPANY Gain ( loss ) on sale or write down of assets , net FINANCIAL HIGHLIGHTS For the Three Months Ended September 30 , Unaudited 2021 $ 197,135 8,215 6,787 212,137 70,696 14,601 6,200 7,599 75,465 40,336 1,007 215,904 ( 1,733 ) ( 107 ) 118,566 2020 $ 175,506 4,334 6,004 185,844 64,680 13,031 5,544 7,589 78,605 37,184 206,633 ( 12,513 ) ( 1,106 ) 11,786 For the Nine Months Ended September 30 , Unaudited 2021 $ 573,657 25,391 18,986 618,034 214,506 44,465 18,003 22,365 231,491 149,146 1,007 680,983 20,212 ( 9,452 ) 93,356 2020 $ 554,981 16,595 19,807 591,383 192,538 45,697 19,622 22,652 241,112 65,292 586,913 ( 16,988 ) 684 ( 28,784 ) 1/18