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Unconsolidated Affiliates, Redeemable Interests, Noncontrolling Interests and Cost Method Investments (Tables) | 9 Months Ended
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Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Investments accounted for using the equity method of accounting | At September 30, 2015, the Company had investments in the following 19 entities, which are accounted for using the equity method of accounting:
Joint Venture | Property Name | Company's Interest
Ambassador Infrastructure, LLC | Ambassador Town Center - Infrastructure Improvements | 65.0%
Ambassador Town Center JV, LLC | Ambassador Town Center | 65.0%
CBL/T-C, LLC | CoolSprings Galleria, Oak Park Mall and West County Center | 50.0%
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 Phases I and II | 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 Phases I, II and III | 50.0%
Kentucky Oaks Mall Company | Kentucky Oaks Mall | 50.0%
Mall of South Carolina L.P. | Coastal Grand | 50.0%
Mall of South Carolina Outparcel L.P. | Coastal Grand (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:
| As of
ASSETS | September 30, 2015 |  | December 31, 2014
Investment in real estate assets | $ | 2,300,650 |  |  | $ | 2,266,252 |
Accumulated depreciation | (660,584 | ) |  | (619,558 | )
| 1,640,066 |  |  | 1,646,694 |
Developments in progress | 86,038 |  |  | 75,877 |
Net investment in real estate assets | 1,726,104 |  |  | 1,722,571 |
Other assets | 170,984 |  |  | 170,554 |
Total assets | $ | 1,897,088 |  |  | $ | 1,893,125 |
LIABILITIES |  |  |
Mortgage and other indebtedness | $ | 1,533,361 |  |  | $ | 1,512,826 |
Other liabilities | 49,225 |  |  | 42,517 |
Total liabilities | 1,582,586 |  |  | 1,555,343 |
OWNERS' EQUITY |  |  |
The Company | 182,249 |  |  | 198,261 |
Other investors | 132,253 |  |  | 139,521 |
Total owners' equity | 314,502 |  |  | 337,782 |
Total liabilities and owners' equity | $ | 1,897,088 |  |  | $ | 1,893,125 |
| Total for the Three Months Ended September 30, |  | Company's Share for the Three Months Ended September 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Total revenues | $ | 62,098 |  |  | $ | 61,781 |  |  | $ | 32,660 |  |  | $ | 32,371 |
Depreciation and amortization | (20,313 | ) |  | (19,776 | ) |  | (10,734 | ) |  | (10,537 | )
Interest income | 331 |  |  | 336 |  |  | 255 |  |  | 257 |
Interest expense | (18,616 | ) |  | (18,861 | ) |  | (9,601 | ) |  | (9,719 | )
Operating expenses | (18,918 | ) |  | (17,788 | ) |  | (9,638 | ) |  | (9,134 | )
Gain on sales of real estate assets | 710 |  |  | 1,119 |  |  | 566 |  |  | 698 |
Net income | $ | 5,292 |  |  | $ | 6,811 |  |  | $ | 3,508 |  |  | $ | 3,936 |
| Total for the Nine Months Ended September 30, |  | Company's Share for the Nine Months Ended September 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Total revenues | $ | 187,681 |  |  | $ | 185,002 |  |  | $ | 98,453 |  |  | $ | 96,389 |
Depreciation and amortization | (59,435 | ) |  | (57,793 | ) |  | (31,354 | ) |  | (30,654 | )
Interest income | 998 |  |  | 1,015 |  |  | 767 |  |  | 775 |
Interest expense | (55,999 | ) |  | (56,165 | ) |  | (28,873 | ) |  | (28,872 | )
Operating expenses | (55,692 | ) |  | (53,457 | ) |  | (28,511 | ) |  | (27,298 | )
Gain on sales of real estate assets | 2,144 |  |  | 1,119 |  |  | 1,730 |  |  | 698 |
Net income | $ | 19,697 |  |  | $ | 19,721 |  |  | $ | 12,212 |  |  | $ | 11,038 |

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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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