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Combined Guarantor Subsidiaries - Revenues (Tables)

6 Months Ended

Jun. 30, 2020

Condensed Financial Statements Captions [Line Items]

Schedule of Disaggregation of Revenue

The following table presents the Company's revenues disaggregated by revenue source:

		Three Months Ended June 30, 2020				Three Months Ended June 30, 2019				Six Months Ended June 30, 2020				Six Months Ended June 30, 2019
Rental revenues (1)		$	120,222			$	185,393			$	281,395			$	376,373
Revenues from contracts with customers (ASC 606):
Operating expense reimbursements (2)			2,103				2,061				4,492				4,204
Management, development and leasing fees (3)			1,055				2,586				3,147				5,109
Marketing revenues (4)			351				1,218				1,094				2,092
			3,509				5,865				8,733				11,405
Other revenues			480				2,119				1,657				3,629
Total revenues (5)		$	124,211			$	193,377			$	291,785			$	391,407

(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.

( 2 ) Includes $2,024 in the Malls segment and $79 in the All Other segment for the three months ended June 30, 2020, and includes $1,892 in the Malls segment and $169 in the All Other segment for the three months ended June 30, 2019.  Includes $4,345 in the Malls segment and $147 in the All Other segment for the six months ended June 30, 2020, and includes $4,084 in the Malls segment and $120 in the All Other segment for the six months ended June 30, 2019.

( 3 ) Included in All Other segment.

( 4 ) Marketing revenues solely relate to the Malls segment for all periods presented.

( 5 ) Sales taxes are excluded from revenues.

Schedule of Expected Recognition of Remaining Performance Obligation

As of June 30, 2020, 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		$	25,080			$	52,220			$	47,746			$	125,046

Guarantor Subsidiaries

Condensed Financial Statements Captions [Line Items]

Schedule of Disaggregation of Revenue

The following table presents the Combined Guarantor Subsidiaries' revenues disaggregated by revenue source:

						Three Months Ended June 30,								Six Months Ended June 30,
						2020				2019				2020				2019
Rental revenues (1)						$	46,849			$	67,316			$	110,680			$	138,588
Revenues from contracts with customers (ASC 606):
Operating expense reimbursements (2)							882				693				1,953				1,844
Marketing revenues (3)							196				549				586				986
							1,078				1,242				2,539				2,830
Other revenues							56				310				191				441
Total revenues (4)						$	47,983			$	68,868			$	113,410			$	141,859

( 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.

( 2 ) Operating expense reimbursements solely relate to the Malls segment    for the three months ended June 30, 2020 and includes $688 in the Malls segment and $5 in the All Other segment for the three months ended June 30, 2019. Includes $1,928 in the Malls segment and $25 in the All Other segment for the six months ended June 30, 2020 and includes $1,839 in the Malls segment and $5 in the All Other segment for the six months ended June 30, 2019.

( 3 ) Marketing revenues solely relate to the Malls segment for all periods presented.

( 4 ) Sales taxes are excluded from revenues.

Schedule of Expected Recognition of Remaining Performance Obligation

As of June 30, 2020, 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		$	12,839			$	25,383			$	33,641			$	71,863

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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=121604090&loc=SL49130545-203045

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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)
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