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Contingencies (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, 2022 and December 31, 2021:
|  | As of June 30, 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) |  |  | June 30, 2022 |  |  | December 31, 2021 |
West Melbourne I, LLC - Phase I |  | 50% |  |  | $ | 38,331 |  |  | 50% |  |  |  | $ | 19,165 |  |  | Feb-2025 | (2) |  | $ | 191 |  |  | $ | 195 |
West Melbourne I, LLC - Phase II |  | 50% |  |  |  | 13,579 |  |  | 50% |  |  |  |  | 6,789 |  |  | Feb-2025 | (2) |  |  | 68 |  |  |  | 69 |
Port Orange I, LLC |  | 50% |  |  |  | 50,547 |  |  | 50% |  |  |  |  | 25,274 |  |  | Feb-2025 | (2) |  |  | 253 |  |  |  | 258 |
Ambassador Infrastructure, LLC |  | 65% |  |  |  | 7,001 |  |  | 100% |  |  |  |  | 7,001 |  |  | Mar-2025 |  |  |  | 70 |  |  |  | 83 |
Shoppes at Eagle Point, LLC |  | 50% |  |  |  | 39,961 |  |  |  | — |  |  |  |  | — |  |  | May-2032 | (3) |  |  | — |  |  |  | 127 |
Atlanta Outlet JV, LLC |  | 50% |  |  |  | 4,406 |  |  | 100% |  |  |  |  | 4,406 |  |  | Nov-2023 |  |  |  | — |  |  |  | — |
Louisville Outlet Shoppes, LLC |  | 50% |  |  |  | 7,797 |  |  | 100% |  |  |  |  | 7,797 |  |  | Oct-2022 |  |  |  | — |  |  |  | — |
Total guaranty liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 582 |  |  | $ | 732 |
(1) | Excludes any extension options.
(2) | These loans have a one-year extension option at the joint venture’s election.
(3) | The guaranty was removed when the Company entered into a new loan in April 2022.

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