Related Party Transactions

6 Months Ended

Jun. 30, 2022

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 June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
Management fees	$	4,682	$	3,986	$	9,043	$	7,803
Development and leasing fees	2,108		1,555		3,491		2,985
	$	6,790	$	5,541	$	12,534	$	10,788

Interest expense from related party transactions includes $8,892 and $2,954 for the three months ended June 30, 2022 and 2021, respectively, and $16,895 and $4,273 for the six months ended June 30, 2022 and 2021, respectively, in connection with the financing arrangement (See Note 12—Financing Arrangement).

Due from (to) affiliates includes $3,209 and $(327) of unreimbursed (prepaid) costs and fees from unconsolidated joint ventures due to (from) the Management Companies at June 30, 2022 and December 31, 2021, respectively.