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Unconsolidated Affiliates, Noncontrolling Interests and Cost Method Investments (Tables) | 3 Months Ended
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Mar. 31, 2013
Equity Method Investments and Joint Ventures [Abstract] |
Investments Accounted for using the Equity method of Accounting | At March 31, 2013, the Company had investments in the following 17 entities, which are accounted for using the equity method of accounting:
Joint Venture | Property Name | Company's Interest
CBL/T-C, LLC | CoolSprings Galleria, Oak Park Mall, West County Center and Pearland Town Center | 60.3%
CBL-TRS Joint Venture, LLC | Friendly Center, The Shops at Friendly Center and a portfolio of six office buildings | 50.0%
CBL-TRS Joint Venture II, LLC | Renaissance Center | 50.0%
El Paso Outlet Outparcels, LLC | The Outlet Shoppes at El Paso (vacant land) | 50.0%
Fremaux Town Center JV, LLC | Fremaux Town Center | 65.0%
Governor’s Square IB | Governor’s Plaza | 50.0%
Governor’s Square Company | Governor’s Square | 47.5%
High Pointe Commons, LP | High Pointe Commons | 50.0%
High Pointe Commons II-HAP, LP | High Pointe Commons - Christmas Tree Shop | 50.0%
JG Gulf Coast Town Center LLC | Gulf Coast Town Center | 50.0%
Kentucky Oaks Mall Company | Kentucky Oaks Mall | 50.0%
Mall of South Carolina L.P. | Coastal Grand—Myrtle Beach | 50.0%
Mall of South Carolina Outparcel L.P. | Coastal Grand—Myrtle Beach (Coastal Grand Crossing and vacant land) | 50.0%
Port Orange I, LLC | The Pavilion at Port Orange Phase I | 50.0%
Triangle Town Member LLC | Triangle Town Center, Triangle Town Commons and Triangle Town Place | 50.0%
West Melbourne I, LLC | Hammock Landing Phases I and II | 50.0%
York Town Center, LP | York Town Center | 50.0%
Condensed combined financial statement information - unconsolidated affiliates | Condensed combined financial statement information of these unconsolidated affiliates is as follows:
| As of
ASSETS | March 31, 2013 |  | December 31, 2012
Investment in real estate assets | $ | 2,144,269 |  |  | $ | 2,143,187 |
Accumulated depreciation | (509,082 | ) |  | (492,864 | )
| 1,635,187 |  |  | 1,650,323 |
Developments in progress | 48,495 |  |  | 21,809 |
Net investment in real estate assets | 1,683,682 |  |  | 1,672,132 |
Other assets | 164,980 |  |  | 175,540 |
Total assets | $ | 1,848,662 |  |  | $ | 1,847,672 |
LIABILITIES |  |  |
Mortgage and other indebtedness | $ | 1,454,672 |  |  | $ | 1,456,622 |
Other liabilities | 38,776 |  |  | 48,538 |
Total liabilities | 1,493,448 |  |  | 1,505,160 |
OWNERS' EQUITY |  |  |
The Company | 210,439 |  |  | 196,694 |
Other investors | 144,775 |  |  | 145,818 |
Total owners' equity | 355,214 |  |  | 342,512 |
Total liabilities and owners' equity | $ | 1,848,662 |  |  | $ | 1,847,672 |
| Total for the Three Months Ended March 31, |  | Company's Share for the Three Months Ended March 31,
| 2013 |  | 2012 |  | 2013 |  | 2012
Revenues | $ | 60,719 |  |  | $ | 62,294 |  |  | $ | 31,670 |  |  | $ | 33,411 |
Depreciation and amortization | (19,148 | ) |  | (20,766 | ) |  | (9,948 | ) |  | (11,111 | )
Interest expense | (19,668 | ) |  | (21,111 | ) |  | (10,072 | ) |  | (11,203 | )
Other operating expenses | (18,413 | ) |  | (18,947 | ) |  | (9,031 | ) |  | (9,831 | )
Net income | $ | 3,490 |  |  | $ | 1,470 |  |  | $ | 2,619 |  |  | $ | 1,266 |
Redeemable non-controlling preferred joint venture interest | Activity related to the redeemable noncontrolling preferred joint venture interest represented by the PJV units is as follows:
| Three Months Ended March 31,
| 2013 |  | 2012
Beginning Balance | $ | 423,834 |  |  | $ | 423,834 |
Net income attributable to redeemable noncontrolling preferred joint venture interest | 5,085 |  |  | 5,144 |
Distributions to redeemable noncontrolling preferred joint venture interest | (5,200 | ) |  | (5,201 | )
Ending Balance | $ | 423,719 |  |  | $ | 423,777 |

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- Definition The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4M -URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591554-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A7 -Appendix A Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of equity method investments in common stock. The disclosure may include: (a) the name of each investee or group of investments for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 -Subparagraph a, b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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