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Property, net (Tables) | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Schedule of Real Estate Properties | Property is recorded at cost and is depreciated using a straight-line method over the estimated useful lives of the assets as follows:
Buildings and improvements | 5 - 40 years
Tenant improvements | 5 - 7 years
Equipment and furnishings | 5 - 7 years
Property, net at December 31, 2023 and 2022 consists of the following:
| 2023 |  | 2022
Land | $ | 1,388,345 |  |  | $ | 1,425,211 |
Buildings and improvements | 6,171,027 |  |  | 6,378,736 |
Tenant improvements | 747,246 |  |  | 711,007 |
Equipment and furnishings(1) | 188,493 |  |  | 186,767 |
Construction in progress | 340,496 |  |  | 218,859 |
| 8,835,607 |  |  | 8,920,580 |
Less accumulated depreciation(1) | (2,935,118) |  |  | (2,792,790) |
| $ | 5,900,489 |  |  | $ | 6,127,790 |
(1)Equipment and furnishings and accumulated depreciation include the cost and accumulated amortization of ROU assets in connection with finance leases at December 31, 2023 and 2022 (See Note 8—Leases).
Schedule of (Loss) Gain on Sale or Write down of Assets | The (loss) gain on sale or write down of assets, net for the years ended December 31, 2023, 2022 and 2021 consist of the following:
| 2023 |  | 2022 |  | 2021
Property sales(1) | $ | 13,380 |  |  | $ | 386 |  |  | $ | 113,657 |
Write-down of assets(2) | (153,495) |  |  | (15,045) |  |  | (67,344) |
Land sales | 5,592 |  |  | 22,357 |  |  | 29,427 |
| $ | (134,523) |  |  | $ | 7,698 |  |  | $ | 75,740 |
_______________________________________________________________________________ (1)For the year ended December 31, 2023, includes gains related to the sale of The Marketplace at Flagstaff and Superstition Springs Power Center and includes gains related to the sale of La Encantada and Paradise Valley Mall during the year ended December 31, 2021 (See Note 16-Dispositions). (2)Includes impairment losses of $144,656 on Fashion Outlets of Niagara Falls and $7,880 on Towne Mall during the year ended December 31, 2023. Includes impairment loss of $5,471 relating to the Company's investment in MS Portfolio LLC (See Note 4—Investments in Unconsolidated Joint Ventures) and impairment loss of $5,140 on Towne Mall during the year ended December 31, 2022. Includes a loss of $28,276 in 2021 in connection with the assignment of the Company's partnership interest in The Shops at North Bridge (See Note 4—Investments in Unconsolidated Joint Ventures) and impairment loss of $27,281 on Estrella Falls during the year ended December 31, 2021. The impairment losses were due to the reduction of the estimated holding periods of the properties. The remaining amounts for the years ended December 31, 2023, 2022 and 2021 mainly pertain to the write off of development costs.
Schedule of Assets Measured on a Nonrecurring Basis | The following table summarizes certain of the Company's assets that were measured on a nonrecurring basis as a result of impairment charges recorded for the years ended December 31, 2023, 2022 and 2021 as described above:
Years ended December 31, |  | Total Fair Value Measurement |  | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
|  | (Level 1) |  | (Level 2) |  | (Level 3)
2023 |  | $ | 63,200 |  |  | $ | — |  |  | $ | — |  |  | $ | 63,200 |
2022 |  | $ | 18,250 |  |  | $ | — |  |  | $ | — |  |  | $ | 18,250 |
2021 |  | $ | 4,720 |  |  | $ | — |  |  | $ | 4,720 |  |  | $ | — |

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- Definition Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.CC) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480091/360-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-2 + Details
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