XML 72 R57.htm IDEA: XBRL DOCUMENT
v3.21.1

Mortgage and Other Indebtedness, Net - Debt of Operating Partnership (Details) - USD ($) $ in Thousands | Mar. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 972,553 | $ 1,120,203
Mortgage and other indebtedness, variable-rate debt | 67,611 | 68,061
Total fixed-rate and variable-rate debt | 1,040,164 | 1,188,264
Unamortized deferred financing costs | (3,194) | (3,433)
Total mortgage and other indebtedness, net | $ 1,036,970 | $ 1,184,831
Weighted average interest rate (as a percent) | 5.04% | 5.10%
Mortgage notes payable subject to compromise | $ 1,375,000 | $ 1,375,000
Mortgage and other indebtedness, variable-rate debt, subject to compromise | 1,114,676 | 1,114,676
Total fixed-rate and variable-rate debt | 2,489,676 | 2,489,676
Unpaid accrued interest | 57,644 | 57,644
Total liabilities subject to compromise | $ 2,551,354 | $ 2,551,490
Weighted average interest rate subject to compromise (as a percent) | 7.25% | 7.25%
Senior Secured Facility |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 5.00% |
Fixed Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 5.07% | 5.12%
Weighted average interest rate subject to compromise (as a percent) | 5.43% | 5.43%
Variable Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 4.65% | 4.69%
Weighted average interest rate subject to compromise (as a percent) | 9.50% | 9.50%
Post-Default Rate | Senior Secured Facility |  |
Debt Instrument [Line Items] |  |
Debt Instrument, Interest Rate, Effective Percentage | 9.50% | 9.50%
Non-Recourse Loans on Operating Properties |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable | $ 972,553 | $ 1,120,203
Non-Recourse Loans on Operating Properties | Fixed Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 5.07% | 5.12%
Recourse loans on operating Properties |  |
Debt Instrument [Line Items] |  |
Mortgage and other indebtedness, variable-rate debt | $ 67,611 | $ 68,061
Recourse loans on operating Properties | Variable Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 4.65% | 4.69%
Senior Unsecured Notes Due 2023 |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable subject to compromise | $ 450,000 | $ 450,000
Senior Unsecured Notes Due 2023 | Fixed Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 5.25% |
Weighted average interest rate subject to compromise (as a percent) | 5.25% | 5.25%
Senior Unsecured Notes Due 2024 |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable subject to compromise | $ 300,000 | $ 300,000
Senior Unsecured Notes Due 2024 | Fixed Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 4.60% |
Weighted average interest rate subject to compromise (as a percent) | 4.60% | 4.60%
Senior Unsecured Notes Due 2026 |  |
Debt Instrument [Line Items] |  |
Mortgage notes payable subject to compromise | $ 625,000 | $ 625,000
Senior Unsecured Notes Due 2026 | Fixed Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate (as a percent) | 5.95% |
Weighted average interest rate subject to compromise (as a percent) | 5.95% | 5.95%
Secured Line of Credit |  |
Debt Instrument [Line Items] |  |
Mortgage and other indebtedness, variable-rate debt | $ 675,926 |
Mortgage and other indebtedness, variable-rate debt, subject to compromise | 675,926 | $ 675,926
Total liabilities subject to compromise | $ 675,926 | $ 675,926
Secured Line of Credit | Variable Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate subject to compromise (as a percent) | 9.50% | 9.50%
Secured Term Loan |  |
Debt Instrument [Line Items] |  |
Mortgage and other indebtedness, variable-rate debt, subject to compromise | $ 438,750 | $ 438,750
Total liabilities subject to compromise | $ 438,750 | $ 438,750
Secured Term Loan | Variable Rate Interest |  |
Debt Instrument [Line Items] |  |
Weighted average interest rate subject to compromise (as a percent) | 9.50% | 9.50%
Prepetition Unsecured Or Under Secured Liabilities |  |
Debt Instrument [Line Items] |  |
Total liabilities subject to compromise | $ 4,034 | $ 4,170
Certain Property-level, Non-recourse Mortgage Loans |  |
Debt Instrument [Line Items] |  |
Unamortized deferred financing costs | 2,841 |
Recourse and Nonrecourse Term Loans |  |
Debt Instrument [Line Items] |  |
Secured non-recourse and recourse term loans | $ 2,085,230 |

X
- Definition Long Term Debt, Net Excluding Deferred Financing Costs + References No definition available. + Details
Name: | cbl_LongTermDebtNetExcludingDeferredFinancingCosts
Namespace Prefix: | cbl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Long term debt net excluding deferred financing costs subject to compromise. + References No definition available. + Details
Name: | cbl_LongTermDebtNetExcludingDeferredFinancingCostsSubjectToCompromise
Namespace Prefix: | cbl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Long term debt percentage bearing fixed interest amount subject to compromise. + References No definition available. + Details
Name: | cbl_LongTermDebtPercentageBearingFixedInterestAmountSubjectToCompromise
Namespace Prefix: | cbl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Long term debt percentage bearing variable interest amount subject to compromise. + References No definition available. + Details
Name: | cbl_LongTermDebtPercentageBearingVariableInterestAmountSubjectToCompromise
Namespace Prefix: | cbl_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Unamortized deferred financing costs. + References No definition available. + Details
Name: | cbl_UnamortizedDeferredFinancingCosts
Namespace Prefix: | cbl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Interest rate on outstanding borrowings under debtor-in-possession financing arrangement. + References No definition available. + Details
Name: | us-gaap_DebtorInPossessionFinancingInterestRateOnBorrowingsOutstanding
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28555-108399 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of interest payable on debt, including, but not limited to, trade payables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.15(a)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
Name: | us-gaap_InterestPayableCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Total amount of liabilities subject to compromise. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120604989&loc=d3e56015-112765 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56145-112766 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=116635682&loc=d3e55717-112764 + Details
Name: | us-gaap_LiabilitiesSubjectToCompromise
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a set, unchanging rate. + References No definition available. + Details
Name: | us-gaap_LongtermDebtPercentageBearingFixedInterestAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a rate subject to change from time to time. + References No definition available. + Details
Name: | us-gaap_LongtermDebtPercentageBearingVariableInterestAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of long-term debt outstanding calculated at point in time. + References No definition available. + Details
Name: | us-gaap_LongtermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=cbl_SeniorSecuredFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=cbl_FixedRateInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=cbl_VariableRateInterestMemberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=cbl_PostDefaultInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_NonRecourseLoansonOperatingPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_RecourseTermLoansOnOperatingPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_SeniorNotesDue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_SeniorNotesDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_SeniorNotesDue2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_SecuredLineofCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_SecuredTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_PrepetitionUnsecuredOrUnderSecuredLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_CertainPropertyLevelNonRecourseMortgageLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cbl_RecourseAndNonrecourseTermLoansMemberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |