XML 70 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9
REDEEMABLE INTERESTS AND NONCONTROLLING INTERESTS (Tables)
12 Months Ended
Dec. 31, 2014
Redeemable Noncontrolling Interests and Noncontrolling Interests [Abstract]  
Schedule of Redeemable Noncontrolling Interest Conversion Right
Outstanding rights to convert redeemable noncontrolling interests and noncontrolling interests in the Operating Partnership to common stock were held by the following parties at December 31, 2014 and 2013:
 
December 31,
 
2014
 
2013
CBL’s Predecessor
18,172,690

 
18,172,690

Third parties
11,099,945

 
11,372,897

 
29,272,635

 
29,545,587

Redeemable Noncontrolling Interest
Activity related to the redeemable noncontrolling preferred joint venture interest represented by the PJV units that the Company redeemed in September 2013 is as follows for the year ended December 31, 2013: 
 
 
Beginning Balance
$
423,834

Net income attributable to redeemable noncontrolling preferred joint venture interest
14,637

Distributions to redeemable noncontrolling preferred joint venture interest
(19,894
)
Reduction to preferred liquidation value of PJV units
(10,000
)
Redemption of noncontrolling preferred joint venture interest
(408,577
)
Ending Balance
$