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Combined Guarantor Subsidiaries - Revenues (Tables) | 6 Months Ended
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Jun. 30, 2019
Condensed Financial Statements, Captions [Line Items] |
Schedule of Contract Assets and Liabilities | A summary of the Company's contract assets activity during the six months ended June 30, 2019 is presented below:
|  | Contract Assets
Balance as of December 31, 2018 |  | $ | 289 |
Tenant openings |  | (139 | )
Executed leases |  | 25 |
Balance as of March 31, 2019 |  | 175 |
Tenant openings |  | (139 | )
Executed leases |  | 190 |
Balance as of June 30, 2019 |  | $ | 226 |
A summary of the Company's contract liability activity during the six months ended June 30, 2019 is presented below:
|  | Contract Liability
Balance as of December 31, 2018 |  | $ | 265 |
Completed performance obligation |  | (4 | )
Contract obligation |  | — |
Balance as of March 31, 2019 |  | 261 |
Completed performance obligation |  | — |
Contract obligation |  | — |
Balance as of June 30, 2019 |  | $ | 261 |
The Company has the following contract balances as of June 30, 2019:
|  |  | As of June 30, 2019 |  | Expected Settlement Period
Description | Financial Statement Line Item |  |  | 2019 (1) |  | 2020 |  | 2021 |  | 2022 |  | 2023
Contract assets (2) | Management, development and leasing fees |  | $ | 226 |  |  | $ | (155 | ) |  | $ | (25 | ) |  | $ | (42 | ) |  | $ | — |  |  | $ | (4 | )
Contract liability (3) | Other rents |  | 261 |  |  | (99 | ) |  | (54 | ) |  | (54 | ) |  | (54 | ) |  | — |
(1) | Reflects fiscal period July 1, 2019 through December 31, 2019.
(2) | Represents leasing fees recognized as revenue in the period in which the lease is executed. Under certain third party and unconsolidated affiliates' contracts, the remaining 50% of the commissions are paid when the tenant opens. The tenant typically opens within a year, unless the project is in development.
(3) Relates to a contract in which the Company received advance payments in the initial year of the multi-year contract.
Schedule of Disaggregation of Revenue | The following table presents the Company's revenues disaggregated by revenue source:
|  | Three Months Ended June 30, 2019 |  | Three Months Ended June 30, 2018 |  | Six Months Ended June 30, 2019 |  | Six Months Ended June 30, 2018
Rental revenues (1) |  | $ | 185,393 |  |  | $ | 207,568 |  |  | $ | 376,373 |  |  | $ | 420,297 |
Revenues from contracts with customers (ASC 606): |  |  |  |  |  |  |  |
Operating expense reimbursements (2) |  | 2,061 |  |  | 2,168 |  |  | 4,204 |  |  | 4,511 |
Management, development and leasing fees (3) |  | 2,586 |  |  | 2,643 |  |  | 5,109 |  |  | 5,364 |
Marketing revenues (4) |  | 1,218 |  |  | 928 |  |  | 2,092 |  |  | 2,223 |
|  | 5,865 |  |  | 5,739 |  |  | 11,405 |  |  | 12,098 |
Other revenues |  | 2,119 |  |  | 1,291 |  |  | 3,629 |  |  | 2,403 |
Total revenues (5) |  | $ | 193,377 |  |  | $ | 214,598 |  |  | $ | 391,407 |  |  | $ | 434,798 |
(1) | Revenues from leases that commenced subsequent to December 31, 2018 are accounted for in accordance with ASC 842, Leases, whereas all leases existing prior to that date are accounted for in accordance with ASC 840, Leases. See Note 4.
(2) | Includes $1,892 in the Malls segment and $169 in the All Other segment for the three months ended June 30, 2019, and includes $2,083 in the Malls segment and $85 in the All Other segment for the three months ended June 30, 2018. Includes $4,084 in the Malls segment and $120 in the All Other segment for the six months ended June 30, 2019, and includes $4,273 in the Malls segment and $238 in the All Other segment for the six months ended June 30, 2018.
(3) | Included in All Other segment.
(4) | Includes $1,217 in the Malls segment and $1 in the All Other segment for the three months ended June 30, 2019, and includes $927 in the Malls segment and $1 in the All Other segment for the three months ended June 30, 2018. Includes $2,093 in the Malls segment and $(1) in the All Other segment for the six months ended June 30, 2019, and includes $2,221 in the Malls segment and $2 in the All Other segment for the six months ended June 30, 2018. See description below.
(5) Sales taxes are excluded from revenues.
Schedule of Expected Recognition of Remaining Performance Obligation | As of June 30, 2019, the Company expects to recognize these amounts as revenue over the following periods:
Performance obligation |  | Less than 5 years |  | 5-20 years |  | Over 20 years |  | Total
Fixed operating expense reimbursements |  | $ | 25,233 |  |  | $ | 48,825 |  |  | $ | 48,226 |  |  | $ | 122,284 |
Guarantor Subsidiaries |
Condensed Financial Statements, Captions [Line Items] |
Schedule of Contract Assets and Liabilities | A summary of the Combined Guarantor Subsidiaries' contract liability activity during the six months ended June 30, 2019 is presented below:
|  | Contract Liability
Balance as of December 31, 2018 |  | $ | 79 |
Completed performance obligation |  | — |
Contract obligation |  | — |
Balance as of March 31, 2019 |  | 79 |
Completed performance obligation |  | — |
Contract obligation |  | — |
Balance as of June 30, 2019 |  | $ | 79 |
The Combined Guarantor Subsidiaries have the following contract balances as of June 30, 2019:
|  |  | As of June 30, 2019 |  | Expected Settlement Period
Description | Financial Statement Line Item |  |  | 2019 (1) |  | 2020 |  | 2021 |  | 2022
Contract liability (2) | Other rents |  | 79 |  |  | (19 | ) |  | (20 | ) |  | (20 | ) |  | (20 | )
(1) | Reflects fiscal period July 1, 2019 through December 31, 2019.
(2) Relates to a contract in which the Combined Guarantor Subsidiaries received advance payments in the initial year of the multi-year contract.
Schedule of Disaggregation of Revenue | The following table presents the Combined Guarantor Subsidiaries' revenues disaggregated by revenue source:
|  | Three Months Ended June 30, 2019 |  | Three Months Ended June 30, 2018 |  | Six Months Ended June 30, 2019 |  | Six Months Ended June 30, 2018
Rental revenues (1) |  | $ | 67,316 |  |  | $ | 76,976 |  |  | $ | 138,588 |  |  | $ | 155,682 |
Revenues from contracts with customers (ASC 606): |  |  |  |  |  |  |  |
Operating expense reimbursements (2) |  | 693 |  |  | 966 |  |  | 1,844 |  |  | 2,134 |
Marketing revenues (3) |  | 549 |  |  | 409 |  |  | 986 |  |  | 917 |
|  | 1,242 |  |  | 1,375 |  |  | 2,830 |  |  | 3,051 |
Other revenues |  | 310 |  |  | 240 |  |  | 441 |  |  | 296 |
Total revenues (4) |  | $ | 68,868 |  |  | $ | 78,591 |  |  | $ | 141,859 |  |  | $ | 159,029 |
(1) | Revenues from leases that commenced subsequent to December 31, 2018 are accounted for in accordance with ASC 842, Leases, whereas all leases existing prior to that date are accounted for in accordance with ASC 840, Leases. See Note 4.
(2) | Includes $688 in the Malls segment and $5 in the All Other segment for the three months ended June 30, 2019, and includes $949 in the Malls segment and $17 in the All Other segment for the three months ended June 30, 2018. Includes $1,839 in the Malls segment and $5 in the All Other segment for the six months ended June 30, 2019, and includes $2,117 in the Malls segment and $17 in the All Other segment for the six months ended June 30, 2018.
(3) | Includes $549 in the Malls segment for the three months ended June 30, 2019, and includes $409 in the Malls segment for the three months ended June 30, 2018. Includes $986 in the Malls segment for the six months ended June 30, 2019, and includes $917 in the Malls segment for the six months ended June 30, 2018. See description below.
(4) Sales taxes are excluded from revenues.
Schedule of Expected Recognition of Remaining Performance Obligation | As of June 30, 2019, the Combined Guarantor Subsidiaries expect to recognize these amounts as revenue over the following periods:
Performance obligation |  | Less than 5 years |  | 5-20 years |  | Over 20 years |  | Total
Fixed operating expense reimbursements |  | $ | 12,341 |  |  | $ | 23,691 |  |  | $ | 35,312 |  |  | $ | 71,344 |

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