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REVENUES (Tables) | 12 Months Ended
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Dec. 31, 2019
Revenue From Contract With Customer [Abstract] |
Schedule of Contract Assets and Liabilities | A summary of the Company's contract assets activity during the year ended December 31, 2019 is presented below:
|  | Contract Assets |
Balance as of January 1, 2019 |  | $ | 289 |
Tenant openings |  |  | ( 436 | )
Executed leases |  |  | 431 |
Balance as of December 31, 2019 |  | $ | 284 |
A summary of the Company's contract liability activity during the year ended December 31, 2019 is presented below:
|  | Contract Liability |
Balance as of January 1, 2019 |  | $ | 265 |
Completed performance obligation |  |  | ( 107 | )
Contract obligation |  |  | — |
Balance as of December 31, 2019 |  | $ | 158 |
The Company has the following contract balances as of December 31, 2019:
|  |  |  | As of |  |  | Expected Settlement Period |
Description |  | Financial Statement Line Item |  | December 31, 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |  |  | 2023 |
Contract assets (1) |  | Management, development and leasing fees |  | $ | 284 |  |  | $ | ( 236 | ) |  | $ | ( 44 | ) |  | $ | — |  |  | $ | ( 4 | )
Contract liability (2) |  | Other revenues |  |  | 158 |  |  |  | ( 53 | ) |  |  | ( 53 | ) |  |  | ( 52 | ) |  |  | — |
(1) | Represents leasing fees recognized as revenue in the period in which the lease is executed. Under 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.
(2) | Relates to a contract with a vendor in which the Company received advance payments in the initial years of the multi-year contracts.
Schedule of Disaggregation of Revenue | The following table presents the Company's revenues disaggregated by revenue source:
|  | Year Ended December 31, 2019 |  |  | Year Ended December 31, 2018 |
Rental revenues (1) |  | $ | 736,878 |  |  | $ | 829,113 |
Revenues from contracts with customers (ASC 606): |  |  |  |  |  |  |  |
Operating expense reimbursements (2) |  |  | 9,783 |  |  |  | 8,434 |
Management, development and leasing fees (3) |  |  | 9,350 |  |  |  | 10,542 |
Marketing revenues (4) |  |  | 6,059 |  |  |  | 6,286 |
|  |  | 25,192 |  |  |  | 25,262 |
Other revenues |  |  | 6,626 |  |  |  | 4,182 |
Total revenues (5) |  | $ | 768,696 |  |  | $ | 858,557 |
(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. See Note 4 . |
(2) | Includes $ 9,404 in the Malls segment and $ 379 in the All Other segment for the year ended December 31, 2019. Includes $ 5,873 in the Malls segment and $ 2,561 in the All Other segment for the year ended December 31, 2018. See description below. |
(3) | Included in All Other segment. |
(4) | Marketing revenues solely relate to the Malls segment for the year ended December 31, 2019. Includes $ 6,255 in the Malls segment and $ 31 in the All Other segment for the year ended December 31, 2018. |
(5) | Sales taxes are excluded from revenues. |
Schedule of Expected Recognition of Remaining Performance Obligation | As of December 31, 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 |  | $ | 25,651 |  |  | $ | 47,224 |  |  | $ | 44,951 |  |  | $ | 117,826 |

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