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Schedule III—Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III—Real Estate and Accumulated Depreciation
 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, net of (impairments)		LandBuilding and
Improvements		Equipment
and
Furnishings		Construction
in Progress		TotalAccumulated
Depreciation		Total Cost
Net of
Accumulated
Depreciation
Arrowhead Towne Center$57,388 $310,026 $— $2,428 $57,388 $312,254 $200 $— $369,842 $5,409 $364,433 
Danbury Fair Mall130,367 316,951 — 133,439 142,751 426,218 11,233 555 580,757 215,315 365,442 
Desert Sky Mall9,447 37,245 12 7,791 6,843 43,038 4,614 — 54,495 20,429 34,066 
Eastland Mall22,050 151,605 — 17,154 20,810 167,398 2,601 — 190,809 65,811 124,998 
Fashion District Philadelphia38,402 293,112 — (240,024)11,484 78,295 447 1,264 91,490 — 91,490 
Fashion Outlets of Chicago— — — 282,162 40,575 237,361 4,226 — 282,162 101,581 180,581 
Fashion Outlets of Niagara Falls USA18,581 210,139 — (162,881)6,961 58,537 266 75 65,839 4,828 61,011 
Freehold Raceway Mall164,986 362,841 — 125,568 168,098 474,692 9,086 1,519 653,395 270,215 383,180 
Fresno Fashion Fair17,966 72,194 — 63,850 17,966 132,609 3,435 — 154,010 86,233 67,777 
Green Acres Mall156,640 321,034 — 241,153 173,294 458,699 12,197 74,637 718,827 191,426 527,401 
Inland Center8,321 83,550 — 48,231 10,226 113,940 812 15,124 140,102 47,750 92,352 
Kings Plaza Shopping Center209,041 485,548 20,000 294,435 203,994 708,505 66,739 29,786 1,009,024 268,928 740,096 
La Cumbre Plaza18,122 21,492 — (23,211)7,813 8,549 41 — 16,403 471 15,932 
Lakewood Center119,530 166,367 — (677)119,530 165,662 28 — 285,220 1,004 284,216 
Los Cerritos Center142,844 419,012 — 2,533 161,924 402,336 129 — 564,389 2,543 561,846 
Macerich Management Co.1,150 10,475 26,562 9,812 3,878 20,330 23,651 140 47,999 24,518 23,481 
MACWH, LP— 25,771 — (759)— 25,012 — — 25,012 13,176 11,836 
NorthPark Mall7,746 74,661 — 10,974 6,714 84,596 1,401 670 93,381 38,965 54,416 
Pacific View8,697 8,696 — 139,313 7,854 147,312 1,540 — 156,706 98,880 57,826 
Prasada6,615 — — 18,714 — 25,329 — — 25,329 6,845 18,484 
Queens Center251,474 1,039,922 — 89,635 256,786 1,116,183 7,308 754 1,381,031 266,962 1,114,069 
Santa Monica Place26,400 105,600 — 176,614 39,730 172,419 801 95,664 308,614 12,513 296,101 
SanTan Adjacent Land29,414 — — 9,883 26,902 3,442 — 8,953 39,297 71 39,226 
SanTan Village Regional Center7,827 — — 231,839 5,921 230,573 3,069 103 239,666 135,597 104,069 
SouthPark Mall7,035 38,215 — (9,879)2,763 32,089 519 — 35,371 20,774 14,597 
South Plains Mall13,274 89,410 — 1,613 12,586 68,949 33 22,729 104,297 1,572 102,725 
Stonewood Center4,948 302,527 — 18,534 4,935 319,123 1,928 23 326,009 96,753 229,256 
Superstition Springs Center10,928 112,718 — 15,203 10,928 125,119 2,802 — 138,849 44,222 94,627 
The Macerich Partnership, L.P.— 2,534 — 4,178 — 1,738 4,756 218 6,712 353 6,359 
Valley Mall16,045 26,098 — 13,902 13,805 41,761 479 — 56,045 21,684 34,361 
Valley River Center24,854 147,715 — 38,027 24,854 183,728 1,915 99 210,596 98,309 112,287 
Victor Valley, Mall of15,700 75,230 — 60,733 20,080 129,709 1,874 — 151,663 76,916 74,747 
Vintage Faire Mall14,902 60,532 — 66,871 17,647 122,767 1,704 187 142,305 90,714 51,591 
 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, net of (impairments)		LandBuilding and
Improvements		Equipment
and
Furnishings		Construction
in Progress		TotalAccumulated
Depreciation		Total Cost
Net of
Accumulated
Depreciation
Washington Square83,708 496,254 — 816 87,262 493,491 25 — 580,778 2,754 578,024 
Wilton Mall19,743 67,855 — (62,458)8,533 16,199 407 1 25,140 312 24,828 
Other freestanding stores47,083 111,936 — 1,416 12,461 70,583 304 77,087 160,435 11,848 148,587 
Other land and development properties37,850 — — (24,869)— 6,679 — 6,302 12,981 2,186 10,795 
$1,749,078 $6,047,265 $46,574 $1,602,063 $1,713,296 $7,225,224 $170,570 $335,890 $9,444,980 $2,347,867 $7,097,113 
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 assets 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, 2024 are as follows:
202420232022
Balances, beginning of year$8,710,352 $8,920,580 $8,847,550 
Additions2,072,258 257,160 156,445 
Dispositions, impairments and retirements(1,337,630)(467,388)(83,415)
Balances, end of year$9,444,980 $8,710,352 $8,920,580 

   The aggregate cost of the property included in the table above for federal income tax purposes was $10,288,600 (unaudited) at December 31, 2024.

The changes in accumulated depreciation for the three years ended December 31, 2024 are as follows:
202420232022
Balances, beginning of year$2,809,863 $2,792,790 $2,563,344 
Additions269,020 265,140 271,494 
Dispositions, impairments and retirements(731,016)(248,067)(42,048)
Balances, end of year$2,347,867 $2,809,863 $2,792,790 


See accompanying report of independent registered public accounting firm.