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Contingencies (Tables) | 3 Months Ended
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Mar. 31, 2022
Commitments And Contingencies Disclosure [Abstract] |
Schedule of Guarantees | The following table represents the Operating Partnership's guarantees of unconsolidated affiliates' debt as reflected in the accompanying condensed consolidated balance sheets as of March 31, 2022 and December 31, 2021:
|  | As of March 31, 2022 |  |  | Obligation recorded to reflect guaranty |
Unconsolidated Affiliate |  | Company's Ownership Interest |  |  | Outstanding Balance |  |  | Percentage Guaranteed by the Operating Partnership |  |  |  | Maximum Guaranteed Amount |  |  | Debt Maturity Date (1) |  |  | March 31, 2022 |  |  | December 31, 2021 |
West Melbourne I, LLC - Phase I |  | 50% |  |  | $ | 38,691 |  |  | 50% |  |  |  | $ | 19,345 |  |  | Feb-2025 | (2) |  | $ | 193 |  |  | $ | 195 |
West Melbourne I, LLC - Phase II |  | 50% |  |  |  | 13,743 |  |  | 50% |  |  |  |  | 6,872 |  |  | Feb-2025 | (2) |  |  | 69 |  |  |  | 69 |
Port Orange I, LLC |  | 50% |  |  |  | 51,073 |  |  | 50% |  |  |  |  | 25,536 |  |  | Feb-2025 | (2) |  |  | 255 |  |  |  | 258 |
Ambassador Infrastructure, LLC |  | 65% |  |  |  | 7,001 |  |  | 100% |  |  |  |  | 7,001 |  |  | Mar-2025 |  |  |  | 82 |  |  |  | 83 |
Shoppes at Eagle Point, LLC |  | 50% |  |  |  | 33,585 |  |  | 35% |  | (3) |  |  | 12,740 |  |  | Oct-2022 |  |  |  | 127 |  |  |  | 127 |
Atlanta Outlet JV, LLC |  | 50% |  |  |  | 4,437 |  |  | 100% |  |  |  |  | 4,437 |  |  | Nov-2023 |  |  |  | — |  |  |  | — |
Louisville Outlet Shoppes, LLC |  | 50% |  |  |  | 7,947 |  |  | 100% |  |  |  |  | 7,947 |  |  | Oct-2022 |  |  |  | — |  |  |  | — |
Total guaranty liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 726 |  |  | $ | 732 |
(1) | Excludes any extension options.
(2) | These loans have a one-year extension option at the joint venture’s election.
(3) | The guaranty is for a fixed amount of $12,740 throughout the term of the loan, including any extensions. Subsequent to March 31, 2022, the joint venture entered into a new non-recourse loan, which removed the guaranty. See Note 14 for additional information.

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