XML 25 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Receivables:    
Mortgage and other notes receivable $ 8,945 $ 16,803
Total assets 5,704,808 6,104,640
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY/CAPITAL    
Mortgage and other indebtedness, net 4,230,845 4,465,294
Common units:    
Variable interest entities, assets 651,272 659,494
Variable interest entities, liabilities 590,864 616,386
CBL & Associates Properties, Inc.    
Real estate assets:    
Land [1] 813,390 820,979
Buildings and improvements [1] 6,723,194 6,942,452
Real estate investment property, at cost [1] 7,536,584 7,763,431
Accumulated depreciation [1] (2,465,095) (2,427,108)
Real estate investment property, net, before developments in progress [1] 5,071,489 5,336,323
Held for sale [1] 0 5,861
Developments in progress [1] 85,346 178,355
Net investment in real estate assets [1] 5,156,835 5,520,539
Cash and cash equivalents [1] 32,627 18,951
Receivables:    
Tenant, net of allowance for doubtful accounts of $2,011 and $1,910 in 2017 and 2016, respectively [1] 83,552 94,676
Other, net of allowance for doubtful accounts of $838 in 2017 and 2016 [1] 7,570 6,227
Mortgage and other notes receivable [1] 8,945 16,803
Investments in unconsolidated affiliates [1] 249,192 266,872
Intangible lease assets and other assets [1] 166,087 180,572
Total assets [1] 5,704,808 6,104,640
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY/CAPITAL    
Mortgage and other indebtedness, net 4,230,845 4,465,294
Accounts payable and accrued liabilities 228,650 280,498
Total liabilities [1] 4,459,495 4,745,792
Commitments and contingencies (Note 6 and Note 14)
Redeemable interests:    
Redeemable noncontrolling interests 8,835 17,996
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Common stock, $.01 par value, 350,000,000 shares authorized, 171,088,778 and 170,792,645 issued and outstanding in 2017 and 2016, respectively 1,711 1,708
Additional paid-in capital 1,974,537 1,969,059
Dividends in excess of cumulative earnings (836,269) (742,078)
Total shareholders' equity 1,140,004 1,228,714
Noncontrolling interests 96,474 112,138
Total equity 1,236,478 1,340,852
Common units:    
Total liabilities, redeemable noncontrolling interests and equity/capital 5,704,808 6,104,640
Variable interest entities, assets 651,272  
Variable interest entities, liabilities 356,442  
CBL & Associates Properties, Inc. | Series D preferred stock    
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Preferred stock, value 18 18
CBL & Associates Properties, Inc. | Series E preferred stock    
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Preferred stock, value 7 7
CBL & Associates Limited Partnership    
Real estate assets:    
Land [1] 813,390 820,979
Buildings and improvements [1] 6,723,194 6,942,452
Real estate investment property, at cost [1] 7,536,584 7,763,431
Accumulated depreciation [1] (2,465,095) (2,427,108)
Real estate investment property, net, before developments in progress [1] 5,071,489 5,336,323
Held for sale [1] 0 5,861
Developments in progress [1] 85,346 178,355
Net investment in real estate assets [1] 5,156,835 5,520,539
Cash and cash equivalents [1] 32,627 18,943
Receivables:    
Tenant, net of allowance for doubtful accounts of $2,011 and $1,910 in 2017 and 2016, respectively [1] 83,552 94,676
Other, net of allowance for doubtful accounts of $838 in 2017 and 2016 [1] 7,520 6,179
Mortgage and other notes receivable [1] 8,945 16,803
Investments in unconsolidated affiliates [1] 249,722 267,405
Intangible lease assets and other assets [1] 165,967 180,452
Total assets [1] 5,705,168 6,104,997
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY/CAPITAL    
Mortgage and other indebtedness, net 4,230,845 4,465,294
Accounts payable and accrued liabilities 228,720 280,528
Total liabilities [1] 4,459,565 4,745,822
Commitments and contingencies (Note 6 and Note 14)
Redeemable interests:    
Redeemable common units 8,835 17,996
Partners' capital:    
Preferred units 565,212 565,212
Common units:    
General partner 6,735 7,781
Limited partners 655,120 756,083
Total partners' capital 1,227,067 1,329,076
Noncontrolling interests 9,701 12,103
Total capital 1,236,768 1,341,179
Total liabilities, redeemable noncontrolling interests and equity/capital 5,705,168 $ 6,104,997
Variable interest entities, assets 651,272  
Variable interest entities, liabilities $ 356,442  
[1] As of December 31, 2017, includes $651,272 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $356,442 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 8.