Redeemable Interests and Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2021

Redeemable Noncontrolling Interests And Noncontrolling Interests [Abstract]

Schedule Of Redeemable Noncontrolling Interest Conversion Right

Outstanding rights to convert redeemable noncontrolling interests and noncontrolling interests in the Operating Partnership to common stock were held by the following parties at December 31, 2021 and 2020:

	Successor		Predecessor
	December 31,		December 31,
	2021		2020
Third parties		10,283		5,117,856

Schedule of Variable Interest Entities

The table below lists the Successor Company's and the Predecessor Company’s consolidated VIEs as of December 31, 2021 and 2020, respectively, which do not reflect the elimination of any internal debt the consolidated VIE has with the Operating Partnership:

	Successor				Predecessor
	As of December 31,				As of December 31,
	2021				2020
	Assets		Liabilities ⁽¹⁾		Assets		Liabilities ⁽¹⁾
Consolidated VIEs:
Atlanta Outlet Outparcels, LLC	$	831	$	—	$	851	$	—
CBL Terrace LP		15,339		12,626		14,608		12,578
Gettysburg Outlet Center Holding, LLC		15,308		18,776		33,199		38,334
Gettysburg Outlet Center, LLC		3,062		—		7,737		—
Jarnigan Road LP		19,699		1,336		17,974		572
Jarnigan Road II, LLC		20,652		16,578		22,623		17,134
Laredo Outlet JV, LLC		25,542		26,121		44,378		43,788
Lebcon Associates		98,151		96,138		46,692		116,085
Lebcon I, Ltd		12,938		8,645		8,305		8,672
Louisville Outlet Outparcels, LLC		539		—		173		—
The Promenade at D'Iberville		49,401		51,603		75,975		48,964
Statesboro Crossing, LLC		803		—		227		—
	$	262,265	$	231,823	$	272,742	$	286,127

(1)

As of December 31, 2020, includes $40,600 related to Laredo Outlet JV, LLC, which was guaranteed by the Predecessor Operating Partnership. In September 2021, the loan secured by The Outlet Shoppes at Laredo was amended and the guaranty was removed. Also, due to the filing of the Chapter 11 Cases, the loan held by Gettysburg Outlet Center Holding, LLC became guaranteed by the Operating Partnership, and amounts to $35,804 and $36,774, excluding debt discounts, as of December 31, 2021 and 2020, respectively.

The table below lists the Company's unconsolidated VIEs as of December 31, 2021 (Successor):

Unconsolidated VIEs:	Investment in Real Estate Joint Ventures and Partnerships		Maximum Risk of Loss
Ambassador Infrastructure, LLC ⁽¹⁾	$	—	$	8,250
Asheville Mall CMBS, LLC		—		—
Atlanta Outlet JV, LLC ⁽¹⁾		881		5,352
CBL-T/C, LLC		—		—
EastGate Mall CMBS, LLC		—		—
El Paso Outlet Center Holding, LLC		1,278		1,278
Fremaux Town Center JV, LLC		—		—
Louisville Outlet Shoppes, LLC ⁽¹⁾		—		8,097
Mall of South Carolina L.P.		1,123		1,123
Mall of South Carolina Outparcel L.P.		6,919		6,919
Shoppes at Eagle Point, LLC ⁽¹⁾		20,933		33,673
Vision - CBL Hamilton Place, LLC		2,340		2,340
	$	33,474	$	67,032

(1)	See Note 16 for information on guarantees of debt.

- 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.

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