| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | other | completed | 2025-12-31 | United States | Corporate | USD 7 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs for employee retirements and terminations during FY2025; employee count not disclosed. Prior-year comparative of $9.8M excluded. | |||
| 2024-12-31 | acquisition_addition | completed | 2023-08-28 | 2024-01-02 | United States | Shopping center operations | USD 25 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger added 56 shopping centers; no employee headcount disclosed. Merger charges of $25.2M in FY2024 primarily severance and professional fees. | ||
| 2024-12-31 | restructuring | completed | United States | Corporate / operations | USD 10 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs for employee retirements and terminations in FY2024, including $6.6M within merger charges; employee count not disclosed. | ||||
| 2024-09-30 | restructuring | completed | 2023-08-28 | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Merger-related charges of $25.2 million incurred in the nine months ended Sept 30, 2024, primarily comprised of severance, legal and professional fees associated with the RPT Merger. | |||||
| 2024-06-30 | acquisition_addition | completed | 2023-08-28 | 2024-01-02 | United States | USD 25 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | RPT Realty merger closed 2024-01-02; no headcount added disclosed. Merger charges of $25.2M in six months ended 2024-06-30 were primarily severance plus legal and professional fees. | |||
| 2024-06-30 | restructuring | completed | 2024-01-02 | 2024-06-30 | United States | General and Administrative | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Merger-related charges of $25.2 million incurred in the six months ended June 30, 2024, primarily comprised of severance, legal and professional fees associated with the RPT Merger. | ||
| 2024-03-31 | acquisition_addition | completed | 2024-01-02 | 2024-01-02 | United States | Open-air shopping centers (56 centers acquired) | USD 25 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | RPT Realty merger closed 2024-01-02; $25.2M of merger charges in Q1 2024, primarily severance, legal and professional fees. No employee headcount added or affected is quantified anywhere in the filing. | ||
| 2024-03-31 | restructuring | completed | 2024-01-02 | 2024-03-31 | United States | Corporate | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Merger charges of $25.2 million incurred in Q1 2024 associated with the RPT Merger, primarily comprised of severance, professional and legal fees. Specific employee count not disclosed. | ||
| 2023-12-31 | other | completed | United States | Corporate | USD 0 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $0.4M recognized for employee retirements and terminations during 2023; no explicit RIF or restructuring program disclosed. | ||||
| 2022-12-31 | other | completed | United States | Corporate | USD 2 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs for employee retirements and terminations during FY2022; no employee count disclosed. Filer does not label this as a formal restructuring or RIF. | ||||
| 2021-12-31 | acquisition_addition | completed | 2021-04-15 | 2021-08-03 | United States | All functions | USD 50 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger with Weingarten Realty Investors closed 2021-08-03; 149 properties acquired. Merger charges of $50.2M primarily severance and professional/legal fees. Headcount added not disclosed. | ||
| 2021-12-31 | restructuring | completed | 2021-12-31 | United States | Corporate and operations | USD 14 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs for employee retirements and terminations during 2021, including $13.7M within Merger charges. Employees affected not disclosed. | |||
| 2021-12-31 | restructuring | completed | 2021-01-01 | 2021-12-31 | United States | Corporate | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs associated with the Weingarten Merger. Employee count not disclosed. | ||
| 2021-09-30 | restructuring | completed | 2021-04-15 | United States | Corporate (Weingarten Merger integration) | USD 50 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Merger-related charges of $50.2 million for the nine months ended September 30, 2021 primarily comprised of severance, professional fees and legal fees; no employee headcount affected was disclosed. | |||
| 2021-09-30 | acquisition_addition | completed | 2021-08-03 | 2021-08-03 | United States | USD 50 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger with Weingarten Realty Investors closed 2021-08-03; 149 properties acquired. Merger-related charges of $50.2M for nine months ended 2021-09-30 primarily comprised severance, professional fees and legal fees. No employee headcount added through the merger is disclosed. | |||
| 2021-09-30 | restructuring | completed | 2021-04-15 | 2021-09-30 | United States | Corporate | USD 50 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Merger-related charges of $50.2 million incurred during the nine months ended Sept 30, 2021, primarily comprised of severance, professional fees and legal fees associated with the Weingarten Merger. | ||
| 2020-12-31 | other | completed | 2020-12-31 | United States | Corporate | USD 9 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs recognized for employee retirements and terminations during 2020; number of employees affected not disclosed. | |||
| 2020-09-30 | other | completed | Corporate | USD 9 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs of $8.7 million recognized during the nine months ended September 30, 2020 related to employee retirements and terminations; no headcount count disclosed. Prior-year comparable was $1.1 million. | |||||
| 2020-09-30 | restructuring | completed | United States | Corporate | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs for employee retirements and terminations during nine months ended September 30, 2020; no employee count disclosed. | ||||
| 2020-09-30 | restructuring | completed | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company recognized severance costs associated with employee retirements and terminations of $8.7 million during the nine months ended September 30, 2020. Employee count not disclosed. | ||||||
| 2018-06-30 | other | in_progress | United States | Corporate / general and administrative | USD 1 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $1.185 million recognized in the six months ended 2018-06-30 (nil in prior-year period); MD&A attributes the $4.2 million YTD increase in G&A to higher severance and personnel costs. No employee counts, announcement date, or program details disclosed. | ||||
| 2017-12-31 | restructuring | completed | United States | Company-wide | USD 6 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs recognized for employee terminations during FY2017; number of employees affected not disclosed. | ||||
| 2015-12-31 | other | completed | 2015-12-31 | Not specified | Not specified | USD 5 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Aggregate severance costs recognized for employee terminations during FY2015; includes severance related to Canada and Mexico operations. Number of employees affected not disclosed. | |||
| 2014-09-30 | restructuring | in_progress | United States | USD 2,869 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $2.9 million for the nine months ended 2014-09-30 shown as a transactional adjustment in the FFO reconciliation; no employee count, announcement date, or completion timing disclosed. Amount is year-to-date, not a three-month figure. | |||||
| 2014-03-31 | other | in_progress | General and administrative | USD 1,433 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes a $3.3 million year-over-year rise in G&A to higher employee-related severance costs; FFO reconciliation shows $1,433 thousand of severance costs for Q1 2014. No employee count, program label, or timing disclosed. | |||||
| 2013-12-31 | restructuring | completed | 2013-01-01 | 2013-12-31 | Global | General and Administrative | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | The Company recognized severance costs of $4.3 million during the year ended December 31, 2013. The filing does not disclose the number of employees affected by these severance costs. | ||
| 2012-12-31 | other | completed | 2012-01-31 | 2012-12-31 | United States | Executive | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Departure of an executive officer in January 2012; part of $5.4M total severance costs recognized in 2012 (vs $1.7M in 2011). Headcount not disclosed. | ||
| 2012-12-31 | restructuring | completed | 2012-01 | Executive | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Increase of $2.6 million in severance costs related to the departure of an executive officer in January 2012. | ||||
| 2012-12-31 | restructuring | completed | 2012-01 | Executive | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Increase of $2.6 million in severance costs related to the departure of an executive officer in January 2012. | ||||
| 2012-09-30 | layoff | completed | USD 5 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company expensed severance costs for employees terminated during 2012; no headcount disclosed. | ||||||
| 2012-09-30 | other | completed | 2012-01 | Executive | USD 3 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Severance related to the departure of an executive officer in January 2012; included within the $5.4 million total severance expense. | ||||
| 2012-09-30 | restructuring | in_progress | United States | Corporate / General and administrative | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance expensed for employees terminated during the nine months ended September 30, 2012; includes $2.5 million related to an executive officer departure in January 2012. No employee count disclosed. MD&A separately attributes $3.2 million of severance to the G&A increase; not extracted separately to avoid double-counting. | ||||
| 2012-09-30 | restructuring | completed | 2012-01-01 | 2012-09-30 | Executive | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company expensed $5.4 million relating to severance costs associated with employees terminated during 2012, including $2.5 million for an executive officer departing in January 2012. | |||
| 2012-06-30 | restructuring | completed | 2012-01-01 | USD 4 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company expensed $3.8 million of severance costs for employees terminated during 2012; no headcount figures disclosed. | |||||
| 2012-06-30 | other | completed | 2012-01-01 | Executive officer | USD 3 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | $2.5 million of the severance costs related to the departure of an executive officer in January 2012. | ||||
| 2012-06-30 | other | completed | 2012-01-01 | United States | Corporate | USD 4 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs expensed during six months ended June 30, 2012 for employees terminated during 2012; $2.5 million of the total related to an executive officer departure in January 2012. Number of employees affected not disclosed. | |||
| 2012-06-30 | other | completed | 2012-01-01 | Executive | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to the departure of an executive officer in January 2012. | ||||
| 2012-03-31 | layoff | completed | 2012-01-31 | Executive officer | USD 3 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs of approximately $2.5 million related to the departure of an executive officer during January 2012; total Q1 severance costs of approximately $2.8 million related to employees terminated during 2012. | ||||
| 2012-03-31 | restructuring | completed | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company expensed approximately $2.8 million of severance costs for employees terminated during 2012, including approximately $2.5 million for an executive officer departure in January 2012. | ||||||
| 2012-03-31 | layoff | completed | United States | Corporate | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance expensed for employees terminated during 2012; includes ~$2.5M for an executive officer departure in January 2012. Headcount not disclosed. | ||||
| 2012-03-31 | restructuring | completed | 2012-01-01 | Executive | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company expensed approximately $2.8 million relating to severance costs associated with employees terminated during 2012, including $2.5 million for an executive officer departing in January 2012. | ||||
| 2010-12-31 | restructuring | completed | 2009-01-01 | 2009-12-31 | United States | General and Administrative | USD 4 (millions) | other f5-10k / Qwen3.6-27B-Q8_0 | Company accrued approximately $3.6 million for severance costs associated with employee terminations during 2009 as a result of continued economic decline and lack of transactional activity. | ||
| 2009-12-31 | restructuring | completed | United States | Corporate / General & Administrative | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reduction in force implemented during 2009 as part of the Company's core business strategy shift toward shopping center ownership and away from non-strategic assets. A $3.6M severance accrual was recorded for terminations during 2009; a separate $3.6M accrual at 2008 year-end related to employees terminated in January 2009. Number of employees affected is not disclosed. | ||||
| 2009-12-31 | restructuring | completed | 2009 | 2009-12-31 | United States | Corporate and Regional Offices | USD 7 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction in force due to core business strategy shift; $3.6M accrued in 2008 for Jan 2009 terminations, $3.6M accrued in 2009. | ||
| 2009-12-31 | restructuring | completed | 2009 | United States | Corporate / General | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduction in force implemented in 2009 to focus on core business strategy. Accrued $3.6 million for severance costs associated with employee terminations during 2009. | |||
| 2009-12-31 | reduction_in_force | completed | 2009 | 2009-12-31 | United States | Corporate and regional offices | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes a ~$6.1M decrease in G&A to a 2009 reduction in force tied to the core-business strategy shift. Note 22 discloses a ~$3.6M severance accrual recorded during 2009 for employee terminations, plus a ~$3.6M accrual carried at 12/31/2008 for employees terminated in January 2009. Employees affected not disclosed. | ||
| 2009-12-31 | restructuring | completed | 2009-01-31 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance accrual recorded at 2008-12-31 for employees terminated during January 2009, driven by lack of real estate transaction activity. | |||
| 2009-12-31 | restructuring | completed | 2009-12-31 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Additional severance accrual recorded during 2009 for employee terminations; MD&A attributes the reduction in force to the shift toward the core shopping-center strategy and away from non-strategic assets. | |||
| 2009-09-30 | reduction_in_force | completed | 2009-01-31 | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual of approximately $3.6 million at December 31, 2008 for employees terminated during January 2009; employee count not disclosed. | |||||
| 2009-09-30 | reduction_in_force | completed | 2009-09-30 | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional severance accrual of approximately $2.3 million for terminations during the nine months ended September 30, 2009, attributed to continued economic decline; employee count not disclosed. | |||||
| 2009-09-30 | layoff | completed | 2009-01-31 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual of approximately $3.6 million recorded at 2008-12-31 for employees terminated during January 2009 due to declining economic conditions and lack of transactional activity in real estate; headcount not disclosed. | |||
| 2009-09-30 | layoff | completed | 2009-01-01 | 2009-09-30 | United States | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional severance accrual of approximately $2.3 million for employee terminations during the nine months ended 2009-09-30, attributed to economic decline and reduced real estate transaction activity; affected headcount not disclosed. | ||
| 2009-09-30 | restructuring | completed | 2009-01-01 | 2009-06-30 | United States | General and Administrative | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company recorded additional accrual of approximately $2.3 million for severance costs associated with terminations during the nine months ended September 30, 2009, primarily due to declines in economic conditions and lack of transactional activity. Employee count not disclosed. | ||
| 2009-09-30 | restructuring | completed | 2009-01-01 | 2009-01-31 | United States | General and Administrative | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company had accrued approximately $3.6 million at December 31, 2008, relating to severance costs associated with employees terminated during January 2009. Employee count not disclosed. | ||
| 2009-06-30 | reduction_in_force | completed | 2009-01-31 | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual of approximately $3.6 million at December 31, 2008 for employees terminated during January 2009, attributed to declining economic conditions and lack of real estate transactional activity. | |||||
| 2009-06-30 | reduction_in_force | completed | 2009-06-30 | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional severance accrual of approximately $2.3 million for terminations during the six months ended June 30, 2009, driven by continued economic decline. | |||||
| 2009-06-30 | restructuring | completed | USD 2 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for employee terminations during the six months ended June 30, 2009, attributed to economic decline and lack of real estate transaction activity; no headcount disclosed. A separate $3.6 million severance accrual at December 31, 2008 covered employees terminated in January 2009. | ||||||
| 2009-06-30 | restructuring | completed | 2009-01-01 | 2009-01-31 | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs associated with employees terminated during January 2009 due to declining economic conditions. | ||||
| 2009-06-30 | restructuring | completed | 2009-06-30 | 2009-06-30 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additional accrual for severance costs associated with terminations during the six months ended June 30, 2009, primarily due to declines in economic conditions and lack of transactional activity. | ||||
| 2009-03-31 | layoff | completed | 2009-01-31 | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual of approximately $3.6 million at December 31, 2008 for employees terminated during January 2009, attributed to lack of transactional activity in the real estate industry. Number of employees affected not disclosed. | |||||
| 2009-03-31 | layoff | completed | 2009-03-31 | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Additional accrual of approximately $1.9 million for severance costs associated with terminations during March 2009, attributed to continued economic decline. Number of employees affected not disclosed. | |||||
| 2009-03-31 | restructuring | completed | 2008-12-31 | 2009-01-31 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for employees terminated during January 2009, accrued at December 31, 2008 due to lack of real estate transactional activity; headcount not disclosed. | ||
| 2009-03-31 | restructuring | completed | 2009-03-31 | 2009-03-31 | United States | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional severance accrual for employees terminated during March 2009, attributed to continued economic decline; headcount not disclosed. MD&A also cites this $1.9M severance expense within the $5.2M increase in G&A. | ||
| 2009-03-31 | restructuring | in_progress | 2009-01-01 | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrued $3.6 million at Dec 31, 2008 for severance costs associated with employees terminated during January 2009. | |||||
| 2009-03-31 | restructuring | in_progress | 2009-03-31 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recorded additional accrual of $1.9 million for severance costs associated with terminations during March 2009 due to economic decline. | |||||
| 2008-12-31 | restructuring | completed | 2009-01-31 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance accrual recorded at 2008-12-31 for employees terminated during January 2009, attributed to lack of real estate transaction activity. Headcount affected not disclosed; also referenced in MD&A (General and administrative expenses). | |||
| 2008-12-31 | restructuring | completed | 2008-12-31 | 2009-01-01 | United States | Corporate / Executive Offices | USD 4 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Accrued $3.6 million for severance costs associated with employees terminated in January 2009 due to lack of transactional activity. | ||
| 2008-12-31 | restructuring | completed | 2008-12-31 | 2009-01-31 | United States | Corporate | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Accrued severance costs associated with employees terminated during January 2009 due to lack of transactional activity. |