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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Real estate assets:    
Land $ 695,711 $ 730,218
Buildings and improvements 5,135,074 5,631,831
Real estate assets 5,830,785 6,362,049
Accumulated depreciation (2,241,421) (2,349,404)
Real estate investment property, net, before developments in progress 3,589,364 4,012,645
Developments in progress 28,327 49,351
Net investment in real estate assets 3,617,691 4,061,996
Cash and cash equivalents 61,781 32,816
Available-for-sale securities - at fair value (amortized cost of $233,053 in 2020) 233,071  
Receivables:    
Tenant 103,655 75,252
Other 5,958 10,792
Mortgage and other notes receivable 2,337 4,662
Investments in unconsolidated affiliates 279,355 307,354
Intangible lease assets and other assets 139,892 129,474
Total assets 4,443,740 4,622,346
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgage and other indebtedness, net 1,184,831 3,527,015
Accounts payable and accrued liabilities 173,387 231,306
Total liabilities not subject to compromise [1] 1,358,218 3,758,321
Liabilities subject to compromise 2,551,490  
Commitments and contingencies (Note 9 and Note 16)
Redeemable noncontrolling interests (265) 2,160
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Common stock, $.01 par value, 350,000,000 shares authorized, 196,569,917 and 174,115,111 issued and outstanding in 2020 and 2019, respectively 1,966 1,741
Additional paid-in capital 1,986,269 1,965,897
Accumulated other comprehensive income 18  
Dividends in excess of cumulative earnings (1,456,435) (1,161,351)
Total shareholders' equity 531,843 806,312
Noncontrolling interests 2,454 55,553
Total equity 534,297 861,865
Common units:    
Accumulated other comprehensive income 18  
Total liabilities, redeemable noncontrolling interests and equity 4,443,740 4,622,346
CBL & Associates Limited Partnership    
Real estate assets:    
Land 695,711 730,218
Buildings and improvements 5,135,074 5,631,831
Real estate assets 5,830,785 6,362,049
Accumulated depreciation (2,241,421) (2,349,404)
Real estate investment property, net, before developments in progress 3,589,364 4,012,645
Developments in progress 28,327 49,351
Net investment in real estate assets 3,617,691 4,061,996
Cash and cash equivalents 61,772 32,813
Available-for-sale securities - at fair value (amortized cost of $233,053 in 2020) 233,071  
Receivables:    
Tenant 103,655 75,252
Other 5,910 10,744
Mortgage and other notes receivable 2,337 4,662
Investments in unconsolidated affiliates 279,884 307,885
Intangible lease assets and other assets 139,772 129,354
Total assets 4,444,092 4,622,706
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY    
Mortgage and other indebtedness, net 1,184,831 3,527,015
Accounts payable and accrued liabilities 173,458 231,377
Total liabilities not subject to compromise [2] 1,358,289 3,758,392
Liabilities subject to compromise 2,551,490  
Commitments and contingencies (Note 9 and Note 16)
Redeemable noncontrolling interests (265) 2,160
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Accumulated other comprehensive income 18  
Partners' capital:    
Preferred units 565,212 565,212
Common units:    
General partner (339) 2,765
Limited partners (33,371) 270,216
Accumulated other comprehensive income 18  
Total partners' capital 531,520 838,193
Noncontrolling interests 3,058 23,961
Total capital 534,578 862,154
Total liabilities, redeemable noncontrolling interests and equity 4,444,092 4,622,706
Series D Preferred Stock    
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Preferred stock outstanding 18 18
Series E Preferred Stock    
Preferred Stock, $.01 par value, 15,000,000 shares authorized:    
Preferred stock outstanding $ 7 $ 7
[1] As of December 31, 2020, includes $272,742 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $134,967 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 11.
[2] As of December 31, 2020, includes $272,742 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $134,967 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Operating Partnership. See Note 11.