Related Party Transactions

9 Months Ended

Sep. 30, 2021

Related Party Transactions:

Certain unconsolidated joint ventures have engaged the Management Companies to manage the operations of the Centers. Under these arrangements, the Management Companies are reimbursed for compensation paid to on-site employees, leasing agents and project managers at the Centers, as well as insurance costs and other administrative expenses.

The following are fees charged to unconsolidated joint ventures:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2021		2020		2021		2020
Management fees	$	4,594	$	4,285	$	12,397	$	13,066
Development and leasing fees	1,747		1,443		4,732		5,838
	$	6,341	$	5,728	$	17,129	$	18,904

Interest expense (income) from related party transactions includes $(7,708) and $(15,502) for the three months ended September 30, 2021 and 2020, respectively, and $(3,435) and $(92,552) for the nine months ended September 30, 2021 and 2020, respectively, in connection with the Financing Arrangement (See Note 12—Financing Arrangement).

Due from affiliates includes $2,977 and $1,612 of unreimbursed costs and fees from unconsolidated joint ventures due to the Management Companies as of September 30, 2021 and December 31, 2020, respectively.