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REVENUES (Tables)

12 Months Ended

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

X

- Definition

Tabular disclosure of contract balances and changes in contract balances.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045

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- Definition

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130556-203045

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