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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES:        
Rental revenues $ 131,316,000 $ 120,222,000 $ 259,491,000 $ 281,395,000
Management, development and leasing fees 1,449,000 1,055,000 3,108,000 3,147,000
Other 3,796,000 2,934,000 7,146,000 7,243,000
Total revenues [1] 136,561,000 124,211,000 269,745,000 291,785,000
EXPENSES:        
Property operating (19,623,000) (16,906,000) (41,425,000) (42,615,000)
Depreciation and amortization (47,499,000) (52,663,000) (95,611,000) (108,565,000)
Real estate taxes (15,110,000) (17,837,000) (31,661,000) (36,285,000)
Maintenance and repairs (8,784,000) (6,042,000) (19,565,000) (17,250,000)
General and administrative (11,269,000) (18,727,000) (23,881,000) (36,563,000)
Loss on impairment 0 (13,274,000) (57,182,000) (146,918,000)
Litigation settlement (57,000)   801,000  
Other (287,000) (242,000) (287,000) (400,000)
Total expenses (102,629,000) (125,691,000) (268,811,000) (388,596,000)
OTHER INCOME (EXPENSES):        
Interest and other income 752,000 891,000 1,528,000 3,288,000
Interest expense (unrecognized contractual interest expense was $45,279 and $90,043 for the three and six months ended June 30, 2021, respectively) 22,299,000 52,631,000 46,429,000 99,623,000
Gain on deconsolidation     55,131,000  
Gain (loss) on sales of real estate assets 107,000 2,623,000 (192,000) 2,763,000
Reorganization items (17,073,000)   (40,006,000)  
Income tax provision (705,000) (16,117,000) (1,456,000) (16,643,000)
Equity in losses of unconsolidated affiliates (4,275,000) (6,079,000) (7,351,000) (5,061,000)
Total other expenses (43,493,000) (71,313,000) (38,775,000) (115,276,000)
Net loss (9,561,000) (72,793,000) (37,841,000) (212,087,000)
Net loss attributable to noncontrolling interests in:        
Operating Partnership 230,000 2,077,000 928,000 18,491,000
Other consolidated subsidiaries/Net loss attributable to noncontrolling interests 449,000 487,000 1,268,000 694,000
Net loss attributable to the Company/Operating Partnership (8,882,000) (70,229,000) (35,645,000) (192,902,000)
Preferred dividends undeclared   (11,223,000)   (22,446,000)
Net loss attributable to common shareholders/unitholders $ (8,882,000) $ (81,452,000) $ (35,645,000) $ (215,348,000)
Basic and diluted per share data attributable to common shareholders:        
Net loss attributable to common shareholders/unitholders $ (0.05) $ (0.42) $ (0.18) $ (1.16)
Weighted-average common and potential dilutive common shares/units outstanding 196,458 191,962 196,484 185,547
CBL & Associates Limited Partnership        
REVENUES:        
Rental revenues $ 131,316,000 $ 120,222,000 $ 259,491,000 $ 281,395,000
Management, development and leasing fees 1,449,000 1,055,000 3,108,000 3,147,000
Other 3,796,000 2,934,000 7,146,000 7,243,000
Total revenues 136,561,000 124,211,000 269,745,000 291,785,000
EXPENSES:        
Property operating (19,623,000) (16,906,000) (41,425,000) (42,615,000)
Depreciation and amortization (47,499,000) (52,663,000) (95,611,000) (108,565,000)
Real estate taxes (15,110,000) (17,837,000) (31,661,000) (36,285,000)
Maintenance and repairs (8,784,000) (6,042,000) (19,565,000) (17,250,000)
General and administrative (11,269,000) (18,727,000) (23,881,000) (36,563,000)
Loss on impairment   (13,274,000) (57,182,000) (146,918,000)
Litigation settlement (57,000)   801,000  
Other (287,000) (242,000) (287,000) (400,000)
Total expenses (102,629,000) (125,691,000) (268,811,000) (388,596,000)
OTHER INCOME (EXPENSES):        
Interest and other income 752,000 891,000 1,528,000 3,288,000
Interest expense (unrecognized contractual interest expense was $45,279 and $90,043 for the three and six months ended June 30, 2021, respectively) 22,299,000 52,631,000 46,429,000 99,623,000
Gain on deconsolidation     55,131,000  
Gain (loss) on sales of real estate assets 107,000 2,623,000 (192,000) 2,763,000
Reorganization items (17,073,000)   (40,006,000)  
Income tax provision (705,000) (16,117,000) (1,456,000) (16,643,000)
Equity in losses of unconsolidated affiliates (4,275,000) (6,079,000) (7,351,000) (5,061,000)
Total other expenses (43,493,000) (71,313,000) (38,775,000) (115,276,000)
Net loss (9,561,000) (72,793,000) (37,841,000) (212,087,000)
Net loss attributable to noncontrolling interests in:        
Other consolidated subsidiaries/Net loss attributable to noncontrolling interests 449,000 487,000 1,268,000 694,000
Net loss attributable to the Company/Operating Partnership (9,112,000) (72,306,000) (36,573,000) (211,393,000)
Net loss attributable to common shareholders/unitholders $ (9,112,000) $ (83,529,000) $ (36,573,000) $ (233,839,000)
Basic and diluted per share data attributable to common shareholders:        
Net loss attributable to common shareholders/unitholders $ (0.05) $ (0.41) $ (0.18) $ (1.16)
Weighted-average common and potential dilutive common shares/units outstanding 201,576 201,702 201,601 201,480
Distributions to preferred unitholders undeclared   $ (11,223,000)   $ (22,446,000)
[1] Management, development and leasing fees are included in the All Other category. See Note 4 for information on the Company's revenues disaggregated by revenue source for each of the above segments.