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Revenues | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Revenues | Note 3 – Revenues Revenues The following table presents the Company's revenues disaggregated by revenue source for the three months ended March 31, 2025 and 2024:
|  | Three Months Ended March 31, |
|  | 2025 |  |  |  | 2024 |
Rental revenues |  | $ | 137,360 |  |  |  | $ | 124,027 |
Revenues from contracts with customers: |  |  |  |  |  |  |
Operating expense reimbursements (1) |  |  | 1,942 |  |  |  |  | 2,260 |
Management, development and leasing fees (2) |  |  | 1,317 |  |  |  |  | 1,905 |
Marketing revenues (3) |  |  | 351 |  |  |  |  | 404 |
|  |  | 3,610 |  |  |  |  | 4,569 |
Other revenues |  |  | 798 |  |  |  |  | 521 |
Total revenues (4) |  | $ | 141,768 |  |  |  | $ | 129,117 |
(1) During the three months ended March 31, 2025, operating expense reimbursements consisted of $1,650 related to malls, $172 related to lifestyle centers, $78 related to open-air centers and $42 related to all other property types. During the three months ended March 31, 2024, operating expense reimbursements consisted of $1,882 related to malls, $165 related to lifestyle centers, $165 related to open-air centers and $48 related to all other property types. (2) Included in All Other segment. (3) During the three months ended March 31, 2025, marketing revenues consisted of $320 related to malls, $29 related to lifestyle centers and $2 related to outlet centers. During the three months ended March 31, 2024, marketing revenues consisted of $335 related to malls, $68 related to lifestyle centers and $1 related to outlet centers. (4) Sales taxes are excluded from revenues. See Note 10 for information on the Company's segments. Revenues from Contracts with Customers Outstanding Performance Obligations The Company has outstanding performance obligations related to certain noncancelable contracts with customers for which it will receive fixed operating expense reimbursements for providing certain maintenance and other services as described above. As of March 31, 2025, the Company expects to recognize these amounts as revenue over the following periods:
Performance obligation |  | Less than 5 years |  |  | 5-20 years |  |  | Over 20 years |  |  | Total |
Fixed operating expense reimbursements |  | $ | 20,931 |  |  | $ | 47,190 |  |  | $ | 39,053 |  |  | $ | 107,174 |
The Company evaluates its performance obligations each period and makes adjustments to reflect any known additions or cancellations. Performance obligations related to variable consideration, which is based on sales, are constrained.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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