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Investments in and Advances to Joint Ventures (Tables) - Unconsolidated Joint Ventures [Member] | 3 Months Ended
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Mar. 31, 2021
Schedule Of Equity Method Investments [Line Items] |
Condensed Combined Financial Information of Company's Unconsolidated Joint Venture Investments | At both March 31, 2021 and December 31, 2020, the Company had ownership interests in various unconsolidated joint ventures that had investments in 59 shopping center properties. Condensed combined financial information of the Company’s unconsolidated joint venture investments is as follows (in thousands):
| March 31, 2021 |  |  | December 31, 2020 |
Condensed Combined Balance Sheets |  |  |  |  |  |  |
Land | $ | 441,412 |  |  | $ | 441,412 |
Buildings |  | 1,259,441 |  |  |  | 1,258,879 |
Fixtures and tenant improvements |  | 143,736 |  |  |  | 137,663 |
|  | 1,844,589 |  |  |  | 1,837,954 |
Less: Accumulated depreciation |  | (504,904 | ) |  |  | (492,288 | )
|  | 1,339,685 |  |  |  | 1,345,666 |
Construction in progress and land |  | 2,506 |  |  |  | 58,201 |
Real estate, net |  | 1,342,191 |  |  |  | 1,403,867 |
Cash and restricted cash |  | 47,258 |  |  |  | 35,212 |
Receivables, net |  | 20,336 |  |  |  | 25,719 |
Other assets, net |  | 62,116 |  |  |  | 61,381 |
| $ | 1,471,901 |  |  | $ | 1,526,179 |
Mortgage debt | $ | 1,029,240 |  |  | $ | 1,029,579 |
Notes and accrued interest payable to the Company |  | 4,707 |  |  |  | 4,375 |
Other liabilities |  | 58,888 |  |  |  | 57,349 |
|  | 1,092,835 |  |  |  | 1,091,303 |
Accumulated equity |  | 379,066 |  |  |  | 434,876 |
| $ | 1,471,901 |  |  | $ | 1,526,179 |
Company's share of accumulated equity | $ | 66,852 |  |  | $ | 72,555 |
Basis differentials |  | 5,652 |  |  |  | 1,644 |
Deferred development fees, net of portion related to the Company's interest |  | (1,229 | ) |  |  | (1,277 | )
Amounts payable to the Company |  | 4,707 |  |  |  | 4,375 |
Investments in and Advances to Joint Ventures, net | $ | 75,982 |  |  | $ | 77,297 |
Condensed Combined Statements of Operations of Unconsolidated Joint Venture Investments |
| Three Months |
| Ended March 31, |
| 2021 |  |  | 2020 |
Condensed Combined Statements of Operations |  |  |  |  |  |  |
Revenues from operations | $ | 50,560 |  |  | $ | 85,621 |
Expenses from operations: |  |  |  |  |  |  |
Operating expenses |  | 14,417 |  |  |  | 24,415 |
Impairment charges |  | — |  |  |  | 31,720 |
Depreciation and amortization |  | 17,117 |  |  |  | 30,104 |
Interest expense |  | 10,947 |  |  |  | 17,755 |
Preferred share expense |  | — |  |  |  | 4,530 |
Other expense, net |  | 2,964 |  |  |  | 4,657 |
|  | 45,445 |  |  |  | 113,181 |
Income (loss) before gain on disposition of real estate |  | 5,115 |  |  |  | (27,560 | )
Gain on disposition of real estate, net |  | 28,401 |  |  |  | 8,906 |
Net income (loss) attributable to unconsolidated joint ventures | $ | 33,516 |  |  | $ | (18,654 | )
Company's share of equity in net income of joint ventures | $ | 4,323 |  |  | $ | 2,015 |
Basis differential adjustments(A) |  | 62 |  |  |  | 156 |
Equity in net income of joint ventures | $ | 4,385 |  |  | $ | 2,171 |
(A) | The difference between the Company’s share of net income, as reported above, and the amounts included in the Company’s consolidated statements of operations is attributable to the amortization of basis differentials, the recognition of deferred gains, differences in gain (loss) on sale of certain assets recognized due to the basis differentials and other than temporary impairment charges.
Schedule of Fee and Other Income | Revenues earned by the Company related to all of the Company’s unconsolidated joint ventures and interest income are as follows (in millions):
| Three Months |
| Ended March 31, |
| 2021 |  |  | 2020 |
Revenue from contracts: |  |  |  |  |  |  |
Asset and property management fees | $ | 2.6 |  |  | $ | 4.5 |
Development fees, leasing commissions and other |  | 0.4 |  |  |  | 2.6 |
|  | 3.0 |  |  |  | 7.1 |
Other: |  |  |  |  |  |  |
Interest income(A) |  | — |  |  |  | 3.5 |
Other |  | 0.4 |  |  |  | 0.7 |
|  | 0.4 |  |  |  | 4.2 |
| $ | 3.4 |  |  | $ | 11.3 |
| (A) | Interest income recorded in 2020 related to preferred equity interests of two joint ventures which were transferred or redeemed in the fourth quarter of 2020.

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