XML 63 R53.htm IDEA: XBRL DOCUMENT v3.23.3
Unconsolidated Affiliates and Noncontrolling Interests - Variable Interest Entities (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities [1] $ 2,436,351 $ 2,678,243
BI Development II, LLC    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities 1,347,055 $ 1,323,444
Unconsolidated VIEs    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities 5,335  
Maximum Risk of Loss, Unconsolidated 15,421  
Unconsolidated VIEs | Ambassador Infrastructure, LLC    
Schedule Of Equity Method Investments [Line Items]    
Maximum Risk of Loss, Unconsolidated [2] 5,749  
Unconsolidated VIEs | Atlanta Outlet JV, LLC    
Schedule Of Equity Method Investments [Line Items]    
Maximum Risk of Loss, Unconsolidated [2] 4,337  
Unconsolidated VIEs | BI Development, LLC    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities 109  
Maximum Risk of Loss, Unconsolidated 109  
Unconsolidated VIEs | BI Development II, LLC    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities 2  
Maximum Risk of Loss, Unconsolidated 2  
Unconsolidated VIEs | CBL-TRS Med OFC Holding, LLC    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities [3] 1,292  
Maximum Risk of Loss, Unconsolidated [3] 1,292  
Unconsolidated VIEs | Vision-CBL Hamilton Place, LLC    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities 2,132  
Maximum Risk of Loss, Unconsolidated 2,132  
Unconsolidated VIEs | Vision - CBL Mayfaire TC Hotel, LLC    
Schedule Of Equity Method Investments [Line Items]    
Variable interest asset entities 1,800  
Maximum Risk of Loss, Unconsolidated $ 1,800  
[1] As of September 30, 2023, includes $186,582 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $212,100 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 8.
[2] The Operating Partnership has guaranteed all or a portion of the debt of each of these VIEs. See Note 12 for more information.
(3)
Subsequent to September 30, 2023, the $4,337 loan secured by The Outlet Shoppes at Atlanta - Phase II was paid off using proceeds from a new loan secured by The Outlet Shoppes at Atlanta. See Note 15 for more information.
[3] The Operating Partnership has guaranteed the construction debt of CBL DMC I, LLC, the joint venture in which CBL-TRS Med OFC Holding, LLC owns a 50% interest. See Note 12 for more information.
(5)
During the three and nine months ended September 30, 2023, the property was placed into receivership.