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Unconsolidated Affiliates and Cost Method Investments (Tables) | 12 Months Ended
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Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract] |
Investments Accounted for using the Equity method of Accounting | At December 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 four 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 and one office building |  | 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:
| December 31,
| 2013 |  | 2012
ASSETS: |  |  |
Investment in real estate assets | $ | 2,167,227 |  |  | $ | 2,143,187 |
Accumulated depreciation | (555,174 | ) |  | (492,864 | )
| 1,612,053 |  |  | 1,650,323 |
Developments in progress | 103,161 |  |  | 21,809 |
Net investment in real estate assets | 1,715,214 |  |  | 1,672,132 |
Other assets | 168,799 |  |  | 175,540 |
Total assets | $ | 1,884,013 |  |  | $ | 1,847,672 |
LIABILITIES: |  |  |
Mortgage and other indebtedness | $ | 1,468,422 |  |  | $ | 1,456,622 |
Other liabilities | 48,203 |  |  | 48,538 |
Total liabilities | 1,516,625 |  |  | 1,505,160 |
OWNERS' EQUITY: |  |  |
The Company | 213,664 |  |  | 196,694 |
Other investors | 153,724 |  |  | 145,818 |
Total owners' equity | 367,388 |  |  | 342,512 |
Total liabilities and owners’ equity | $ | 1,884,013 |  |  | $ | 1,847,672 |
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
Revenues | $ | 243,215 |  |  | $ | 251,628 |  |  | $ | 177,222 |
Depreciation and amortization | (76,323 | ) |  | (82,534 | ) |  | (58,538 | )
Other operating expenses | (72,166 | ) |  | (76,567 | ) |  | (53,417 | )
Income from operations | 94,726 |  |  | 92,527 |  |  | 65,267 |
Interest income | 1,359 |  |  | 1,365 |  |  | 1,420 |
Interest expense | (76,934 | ) |  | (84,421 | ) |  | (59,972 | )
Gain on sales of real estate assets | 102 |  |  | 2,063 |  |  | 1,744 |
Net income | $ | 19,253 |  |  | $ | 11,534 |  |  | $ | 8,459 |
Financings The following table presents the loan activity of the Company's unconsolidated affiliates since January 1, 2012:
Date |  | Property |  | Stated Interest Rate |  | Maturity Date (1) |  | Amount Financed or Extended
2013 Activity: |  |  |  |  |  |
December |  | The Pavilion at Port Orange - Phase I (2) |  | LIBOR + 2.0% |  | November 2015 |  | $ | 62,600 |
December |  | Hammock Landing - Phase I (3) |  | LIBOR + 2.0% |  | November 2015 |  | 41,068 |
December |  | Hammock Landing - Phase II (4) |  | LIBOR + 2.25% |  | November 2015 |  | 10,757 |
March |  | Renaissance Center - Phase II (5) |  | 3.49% |  | April 2023 |  | 16,000 |
March |  | Friendly Center (6) |  | 3.48% |  | April 2023 |  | 100,000 |
March |  | Fremaux Town Center - Phase I (7) |  | LIBOR + 2.125% |  | March 2016 |  | 46,000 |
2012 Activity: |  |  |  |  |  |
December |  | West County Center (8) |  | 3.40% |  | December 2022 |  | $ | 190,000 |
July |  | Gulf Coast Town Center - Phase III (9) |  | LIBOR + 2.5% |  | July 2015 |  | 7,000 |
February |  | York Town Center (10) |  | 4.90% |  | February 2022 |  | 38,000 |
March |  | The Pavilion at Port Orange (11) |  | LIBOR + 3.5% |  | March 2014 |  | 64,950 |
(1) Excludes any extension options.
(2) | The construction loan was extended and modified to reduce the capacity from $64,950 to $62,600, reduce the interest rate from a variable-rate of LIBOR + 3.5% to a variable-rate of LIBOR + 2.0% and extend the maturity date. The loan has two one-year extension options, which are at the joint venture's election, for an outside maturity date of November 2017. The Company has guaranteed 25% of the construction loan.
(3) | The loan was amended and restated to extend the maturity date and reduce the interest rate from a variable-rate of LIBOR + 3.5% to a variable-rate of LIBOR + 2.0%. The loan has two one-year extension options, which are at the joint venture's election, for an outside maturity date of November 2017. The Company has guaranteed 25% of the loan.
(4) | A new construction loan to build a Carmike Cinema has two one-year extension options, which are at the joint venture's election, for an outside maturity date of November 2017. Upon completion of the construction and opening of the Carmike Cinema, the Company's guaranty will be reduced from 100% to 25% and the loan will bear interest at a variable-rate of LIBOR + 2.0%.
(5) Net proceeds from the loan were used to retire a $15,700 loan that was scheduled to mature in April 2013.
(6) | Net proceeds from the loan were used to retire four loans, scheduled to mature in April 2013 and with an aggregate balance of $100,000, that were secured by Friendly Center, Friendly Center Office Building, First National Bank Building, Green Valley Office Building, First Citizens Bank Building, Wachovia Office Building and Bank of America Building.
(7) | The construction loan has two one-year extension options, which are at the joint venture's election, for an outside maturity date of March 2018. The Company has guaranteed 100% of the construction loan.
(8) | Net proceeds of $189,687 were used to retire the outstanding borrowings of $142,235 under the previous loan and excess proceeds were distributed 50/50 to the Company and its joint venture partner.
(9) | Net proceeds from the loan were distributed to the Company in accordance with the terms of the joint venture agreement and were used to reduce the outstanding balances on the Company's credit facilities. The Company has guaranteed 100% of the loan.
(10) | Net proceeds from the loan, plus cash on hand, were used to retire a $39,379 loan that was scheduled to mature in March 2012.
(11) | The construction loan was extended and modified to remove a 1% LIBOR floor and reduce the capacity from $98,883 to $64,950. The joint venture paid $3,332 to reduce the outstanding balance on the loan to the new capacity amount. There is a one-year extension option on the loan, which is at the joint venture's election, for an outside maturity date of March 2015. The Company has guaranteed 100% of the construction loan. See Note (3) above for information on the extension and modification of this loan in December 2013.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + 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 + Details
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