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Schedule III-Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III-Real Estate and Accumulated Depreciation Disclosure
 Initial Cost to Company Gross Amount at Which Carried at Close of Period  
Shopping Centers/EntitiesLandBuilding and
Improvements		Equipment
and
Furnishings		Cost Capitalized
Subsequent to
Acquisition		LandBuilding and
Improvements		Equipment
and
Furnishings		Construction
in Progress		TotalAccumulated
Depreciation		Total Cost
Net of
Accumulated
Depreciation
Chandler Fashion Center$24,188 $223,143 $— $27,118 $24,188 $245,004 $5,120 $137 $274,449 $125,007 $149,442 
Danbury Fair Mall130,367 316,951 — 120,938 141,479 380,517 10,162 36,098 568,256 171,276 396,980 
Desert Sky Mall9,447 37,245 12 6,324 9,082 41,173 2,773 — 53,028 14,911 38,117 
Eastland Mall22,050 151,605 — 11,894 21,161 162,243 2,135 10 185,549 44,291 141,258 
Estrella Falls10,550 — — 52,007 10,524 52,033 — — 62,557 6,342 56,215 
Fashion District Philadelphia38,402 293,112 — — 38,402 280,253 — 12,859 331,514 521 330,993 
Fashion Outlets of Chicago— — — 269,570 39,910 220,559 4,569 4,532 269,570 76,403 193,167 
Fashion Outlets of Niagara Falls USA18,581 210,139 — 106,751 23,762 309,409 2,225 75 335,471 97,743 237,728 
The Marketplace at Flagstaff— — — 45,851 — 45,851 — — 45,851 27,137 18,714 
Freehold Raceway Mall164,986 362,841 — 126,946 168,098 477,057 9,302 316 654,773 221,660 433,113 
Fresno Fashion Fair17,966 72,194 — 54,340 17,966 120,325 2,940 3,269 144,500 64,776 79,724 
Green Acres Mall156,640 321,034 — 197,842 179,274 474,189 10,760 11,293 675,516 153,541 521,975 
Inland Center8,321 83,550 — 31,899 10,291 111,935 388 1,156 123,770 28,801 94,969 
Kings Plaza Shopping Center209,041 485,548 20,000 282,891 209,041 683,575 57,720 47,144 997,480 159,629 837,851 
La Cumbre Plaza18,122 21,492 — 16,995 13,856 42,503 250 — 56,609 25,292 31,317 
Macerich Management Co.1,150 10,475 26,562 30,591 3,878 18,430 46,061 409 68,778 26,237 42,541 
MACWH, LP— 25,771 — 12,261 10,777 27,255 — — 38,032 11,253 26,779 
NorthPark Mall7,746 74,661 — 14,074 7,441 88,405 635 — 96,481 27,890 68,591 
Oaks, The32,300 117,156 — 268,674 56,387 357,559 3,559 625 418,130 178,981 239,149 
Pacific View8,697 8,696 — 137,903 7,854 145,895 1,547 — 155,296 80,778 74,518 
Paradise Valley Mall33,445 128,485 — 22,337 32,045 148,099 2,638 1,485 184,267 88,056 96,211 
Prasada6,615 — — 25,243 5,523 26,296 — 39 31,858 575 31,283 
Queens Center251,474 1,039,922 — 56,956 256,786 1,085,788 5,616 162 1,348,352 182,761 1,165,591 
Santa Monica Place26,400 105,600 — 351,922 48,374 428,615 6,710 223 483,922 160,769 323,153 
SanTan Adjacent Land29,414 — — 9,510 26,902 — — 12,022 38,924 — 38,924 
SanTan Village Regional Center7,827 — — 215,839 5,921 216,095 1,622 28 223,666 107,764 115,902 
Sears South Plains8,170 11,130 — — — — — 19,300 19,300 — 19,300 
SouthPark Mall7,035 38,215 — (7,811)2,899 34,107 433 — 37,439 16,689 20,750 
Southridge Center6,764 — — 7,930 2,220 12,148 136 190 14,694 7,410 7,284 
Stonewood Center4,948 302,527 — 12,811 4,935 314,948 403 — 320,286 60,990 259,296 
Superstition Springs Center10,928 112,718 — 11,232 10,928 122,924 1,026 — 134,878 27,914 106,964 
See accompanying report of independent registered public accounting firm.
 Initial Cost to Company Gross Amount at Which Carried at Close of Period  
Shopping Centers/EntitiesLandBuilding and
Improvements		Equipment
and
Furnishings		Cost Capitalized
Subsequent to
Acquisition		LandBuilding and
Improvements		Equipment
and
Furnishings		Construction
in Progress		TotalAccumulated
Depreciation		Total Cost
Net of
Accumulated
Depreciation
Superstition Springs Power Center1,618 4,420 — (109)1,194 4,698 37 — 5,929 2,268 3,661 
The Macerich Partnership, L.P.— 2,534 — 4,860 — — 7,365 29 7,394 1,515 5,879 
Towne Mall6,652 31,184 — 4,988 6,877 35,480 368 99 42,824 17,769 25,055 
Tucson La Encantada12,800 19,699 — 59,230 12,800 78,230 699 — 91,729 46,986 44,743 
Valley Mall16,045 26,098 — 13,772 15,616 40,014 276 9 55,915 14,389 41,526 
Valley River Center24,854 147,715 — 34,936 24,854 180,572 2,008 71 207,505 73,276 134,229 
Victor Valley, Mall of15,700 75,230 — 54,163 20,080 123,323 1,690 — 145,093 62,683 82,410 
Vintage Faire Mall14,902 60,532 — 58,719 17,417 113,564 1,637 1,535 134,153 77,319 56,834 
Wilton Mall19,743 67,855 — (2,351)11,310 72,734 1,127 76 85,247 47,457 37,790 
Other freestanding stores5,926 31,785 — 11,616 5,927 43,106 294 — 49,327 22,556 26,771 
Other land and development properties63,338 — — (24,938)32,291 6,047 — 62 38,400 518 37,882 
$1,453,152 $5,021,262 $46,574 $2,735,724 $1,538,270 $7,370,958 $194,231 $153,253 $9,256,712 $2,562,133 $6,694,579 
Depreciation of the Company's investment in buildings and improvements reflected in the consolidated statements of operations are calculated over the estimated useful lives of the asset as follows:

Buildings and improvements
5 - 40 years
Tenant improvements
5 - 7 years
Equipment and furnishings
5 - 7 years

The changes in total real estate assets for the three years ended December 31, 2020 are as follows:

202020192018
Balances, beginning of year$8,993,049 $8,878,820 $9,127,533 
Additions419,369 176,690 246,719 
Dispositions and retirements(155,706)(62,461)(495,432)
Balances, end of year$9,256,712 $8,993,049 $8,878,820 

   The aggregate cost of the property included in the table above for federal income tax purposes was $9,178,539 (unaudited) at December 31, 2020.

The changes in accumulated depreciation for the three years ended December 31, 2020 are as follows:

202020192018
Balances, beginning of year$2,349,536 $2,093,044 $2,018,303 
Additions287,925 287,846 275,236 
Dispositions and retirements(75,328)(31,354)(200,495)
Balances, end of year$2,562,133 $2,349,536 $2,093,044 


See accompanying report of independent registered public accounting firm.