REDEEMABLE INTERESTS AND NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Dec. 31, 2018

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, 2018 and 2017:



	December 31,
	2018	2017
CBL’s Predecessor	18,117,350	18,172,690
Third parties	8,641,055	10,035,683
	26,758,405	28,208,373

Schedule of Variable Interest Entities

The table below lists the Company's consolidated VIEs as of December 31, 2018 and 2017, which do not reflect the elimination of any internal debt the consolidated VIE has with the Operating Partnership:



	As of December 31,
	2018					2017
	Assets		Liabilities			Assets		Liabilities
Consolidated VIEs:
Atlanta Outlet Outparcels, LLC	$	868	$	—		$	878	$	—
Atlanta Outlet JV, LLC	56,537		78,356		⁽¹⁾	60,476		79,769
CBL Terrace LP	15,531		12,987			16,472		13,313
El Paso Outlet Center Holding, LLC	98,307		78,210			93,139		65,149
El Paso Outlet Center II, LLC	12		—			8,512		6,955
Gettysburg Outlet Center Holding, LLC	34,857		38,835			36,386		39,049
Gettysburg Outlet Center, LLC	7,871		140			7,218		74
High Point Development LP II	1,062		76			1,084		69
Jarnigan Road LP	17,992		1,071			41,671		20,229
Jarnigan Road II, LLC	23,789		18,444			—		—
Laredo Outlet JV, LLC	106,817		57,614		⁽²⁾	110,174		81,618
Lebcon Associates	68,868		121,670			59,375		120,879
Lebcon I, Ltd	8,621		9,239			9,034		9,463
Lee Partners	784		—			1,011		—
Louisville Outlet Outparcels, LLC	174		—			74		—
Louisville Outlet Shoppes, LLC	69,182		81,713		⁽³⁾	73,173		83,543



	As of December 31,
	2018				2017
	Assets		Liabilities		Assets		Liabilities
Madison Grandview Forum, LLC	31,739		13,346		32,692		13,198
The Promenade at D'Iberville	78,979		49,383		81,500		46,568
Statesboro Crossing, LLC	623		616		18,403		10,988
	$	622,613	$	561,700	$	651,272	$	590,864


(1)	Of this total, $4,575 related to The Outlet Shoppes at Atlanta - Phase II, is guaranteed by the Operating Partnership.


(2)	Of this total, $54,550 related to The Outlet Shoppes at Laredo, is guaranteed by the Operating Partnership.


(3)	Of this total, $9,482 relates to The Outlet Shoppes of the Bluegrass - Phase II, is guaranteed by the Operating Partnership.

The table below lists the Company's unconsolidated VIEs as of December 31, 2018:



Unconsolidated VIEs:	Investment in Real Estate Joint Ventures and Partnerships		Maximum Risk of Loss
Ambassador Infrastructure, LLC	$	—	$	10,605	⁽¹⁾
Continental 425 Fund LLC ⁽²⁾	7,250		—
EastGate Storage, LLC	1,142		6,500		⁽¹⁾
G&I VIII CBL Triangle LLC ⁽³⁾	—		—
Self Storage at Mid Rivers, LLC ⁽²⁾	1,084		5,987		⁽¹⁾
Shoppes at Eagle Point, LLC	18,143		36,400		⁽¹⁾
	$	27,619	$	59,492


(1)	See Note 15 for information on guarantees of debt.


(2)	See Note 6 for more information on this new unconsolidated affiliate.


(3)	In conjunction with a loss on impairment recorded in September 2018, as described above, the Company wrote down its investment in the unconsolidated 90/10 joint venture to zero. The maximum risk of loss is limited to the basis, which is zero. See Note 6 for more information.

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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