XML 47 R32.htm IDEA: XBRL DOCUMENT
v3.20.2

Unconsolidated Affiliates and Noncontrolling Interests (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Equity Method Investments And Joint Ventures [Abstract] |
Schedule of Condensed Combined Financial Statements of Unconsolidated Affiliates | Condensed combined financial statement information of the unconsolidated affiliates is as follows:
|  | September 30, 2020 |  |  | December 31, 2019 |
ASSETS: |  |  |  |  |  |  |  |
Investment in real estate assets |  | $ | 2,348,669 |  |  | $ | 2,293,438 |
Accumulated depreciation |  |  | (846,097 | ) |  |  | (803,909 | )
|  |  | 1,502,572 |  |  |  | 1,489,529 |
Developments in progress |  |  | 25,556 |  |  |  | 46,503 |
Net investment in real estate assets |  |  | 1,528,128 |  |  |  | 1,536,032 |
Other assets |  |  | 180,235 |  |  |  | 154,427 |
Total assets |  | $ | 1,708,363 |  |  | $ | 1,690,459 |
LIABILITIES: |  |  |  |  |  |  |  |
Mortgage and other indebtedness, net |  | $ | 1,435,891 |  |  | $ | 1,417,644 |
Other liabilities |  |  | 53,583 |  |  |  | 41,007 |
Total liabilities |  |  | 1,489,474 |  |  |  | 1,458,651 |
OWNERS' EQUITY: |  |  |  |  |  |  |  |
The Company |  |  | 141,989 |  |  |  | 149,376 |
Other investors |  |  | 76,900 |  |  |  | 82,432 |
Total owners' equity |  |  | 218,889 |  |  |  | 231,808 |
Total liabilities and owners’ equity |  | $ | 1,708,363 |  |  | $ | 1,690,459 |
|  | Three Months Ended September 30, |
|  | 2020 |  |  | 2019 |
Total revenues |  | $ | 46,953 |  |  | $ | 52,867 |
Net income (loss) (1) |  | $ | (10,671 | ) |  | $ | 81,300 |
(1) The Company's pro rata share of net loss is $(7,389) and $(1,759) for the three months ended September 30, 2020 and 2019, respectively. |  |  |  |  |  |  |  |
|  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |
Total revenues |  | $ | 154,128 |  |  | $ | 162,964 |
Net income (loss) (1) |  | $ | (12,139 | ) |  | $ | 90,303 |
(1) | The Company's pro rata share of net income (loss) is $(12,450) and $3,421 for the nine months ended September 30, 2020 and 2019, respectively.
Schedule of Limited Partners' Capital Account by Class | Noncontrolling interests consist of the following:
|  | As of |
|  | September 30, 2020 |  |  | December 31, 2019 |
Noncontrolling interests: |  |  |  |  |  |  |  |
Operating Partnership |  | $ | 540 |  |  | $ | 31,592 |
Other consolidated subsidiaries |  |  | 22,186 |  |  |  | 23,961 |
|  | $ | 22,726 |  |  | $ | 55,553 |
Schedule of Variable Interest Entities | The table below lists the Company's unconsolidated VIEs as of September 30, 2020:
Unconsolidated VIEs: |  | Investment in Real Estate Joint Ventures and Partnerships |  |  | Maximum Risk of Loss |
Ambassador Infrastructure, LLC (1) |  | $ | — |  |  | $ | 9,360 |
BI Development, LLC |  |  | — |  |  |  | — |
BI Development II, LLC |  |  | — |  |  |  | — |
Bullseye, LLC |  |  | — |  |  |  | — |
Continental 425 Fund LLC |  |  | 7,051 |  |  |  | 7,051 |
EastGate Storage, LLC (1) |  |  | 558 |  |  |  | 3,808 |
Hamilton Place Self Storage (1) |  |  | 1,340 |  |  |  | 8,342 |
Parkdale Self Storage, LLC (1) |  |  | 983 |  |  |  | 7,483 |
PHG-CBL Lexington, LLC |  |  | 35 |  |  |  | 35 |
Self Storage at Mid Rivers, LLC (1) |  |  | 565 |  |  |  | 3,559 |
Shoppes at Eagle Point, LLC (1) |  |  | 17,053 |  |  |  | 29,793 |
Vision - CBL Hamilton Place, LLC |  |  | 3,686 |  |  |  | 3,686 |
|  | $ | 31,271 |  |  | $ | 73,117 |
(1) | The Operating Partnership has guaranteed all or a portion of the debt of each of these VIEs. See Note 12 for more information.

X
- Definition Tabular disclosure of equity method investments in earnings of unconsolidated affiliates. + References No definition available. + Details
Name: | cbl_CondensedCombinedFinancialStatementInformationUnconsolidatedAffiliatesTableTextBlock
Namespace Prefix: | cbl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the varying rights, preferences and privileges of each class of limited partnership interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 5 -Subparagraph (SAB TOPIC 4.F) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187171-122770 + Details
Name: | us-gaap_ScheduleOfLimitedPartnersCapitalAccountByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=121559654&loc=SL6759159-111685 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5747-111685 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121559654&loc=SL6228884-111685 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5728-111685 + Details
Name: | us-gaap_ScheduleOfVariableInterestEntitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration