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Derivative Instruments and Hedging Activities (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Derivatives, Fair Value |  |
Fair Value | $ 0 | $ 6
Santa Monica Place | Interest rate cap | Level 2 | Hedged |  |
Derivatives, Fair Value |  |
Notional Amount | $ (300,000) |
LIBOR Rate | 4.00% |
Fair Value | $ 0 | 6
Santa Monica Place | Interest rate cap | Level 2 | Non-Hedged |  |
Derivatives, Fair Value |  |
Notional Amount | $ (300,000) |
LIBOR Rate | 4.00% |
Fair Value | $ 2,576 | 0
The Macerich Partnership, L.P. | Interest rate cap | Level 2 | Non-Hedged |  |
Derivatives, Fair Value |  |
Notional Amount | $ (300,000) |
LIBOR Rate | 4.00% |
Fair Value | $ (2,567) | $ 0

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