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Subsequent Events
9 Months Ended
Sep. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

Note 16 – Subsequent Events

In October 2022, the lender foreclosed on the $61,647 loan secured by Greenbrier Mall.

In October 2022, the loan secured by The Outlet Shoppes at Gettysburg was modified and the corporate recourse was eliminated. The lender's claim against the general unsecured claim pool related to the Company's bankruptcy filing was allowed. The modified loan balance is $21,000.

In October 2022, the Company entered into a short term extension with the lender regarding the $98,662 loan secured by Cross Creek Mall. This action extended the maturity date to January 5, 2023. The Company remains in discussions with the lender regarding a long term extension.

In October 2022, the Company reached an agreement with the lender to extend the $54,417 loan secured by Southpark Mall through June 2026, as well as waive the default triggered by the Company's bankruptcy filing.

In October 2022, the Company entered into a loan reinstatement and reaffirmation agreement with the lender regarding the $56,638 loan secured by Jefferson Mall, which waived the default triggered by the Company's bankruptcy filing.

In October 2022, the Company redeemed $49,959 in U.S. Treasury securities and purchased $90,251 in new U.S. Treasury securities with maturities through April 2023.