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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Non-cash Investing and Financing Activities | Non-cash investing and financing activities are summarized as follows (in millions):
| For the Year Ended December 31, |
| 2023 |  |  | 2022 |  |  | 2021 |
Consolidation of the net assets (excluding mortgages as disclosed below) of previously unconsolidated joint ventures | $ | — |  |  | $ | 42.8 |  |  | $ | 132.3 |
Repurchase of Operating Partnership units |  | 4.1 |  |  |  | — |  |  |  | 2.1 |
Net assets acquired from unconsolidated joint ventures |  | — |  |  |  | 8.5 |  |  |  | 11.6 |
Mortgages assumed, of previously unconsolidated joint ventures |  | — |  |  |  | — |  |  |  | 73.9 |
Mortgages assumed, shopping center acquisitions |  | — |  |  |  | — |  |  |  | 17.9 |
Accrued liabilities for sold properties |  | 5.4 |  |  |  | — |  |  |  | — |
Accounts payable related to construction in progress |  | 7.0 |  |  |  | 12.2 |  |  |  | 13.4 |
Dividends declared, but not paid |  | 63.8 |  |  |  | 30.4 |  |  |  | 28.2 |
Tax receivable – investment sale proceeds |  | — |  |  |  | — |  |  |  | 2.1 |
Assumption of buildings due to ground lease terminations |  | — |  |  |  | 2.9 |  |  |  | — |
Write-off of preferred share original issuance costs |  | — |  |  |  | — |  |  |  | 5.1 |
Estimated Useful Lives of Assets | Depreciation and amortization is recorded on a straight-line basis over the estimated useful lives of the assets as follows:
Buildings | Useful lives, ranging from 30 to 40 years
Building improvements and fixtures | Useful lives, ranging from 3 to 20 years
Tenant improvements | Shorter of economic life or lease terms
Schedule of Fee and Other Income | Revenues earned by the Company related to all of the Company’s unconsolidated joint ventures are as follows (in millions):
| For the Year Ended December 31, |
| 2023 |  |  | 2022 |  |  | 2021 |
Revenue from contracts: |  |  |  |  |  |  |  |
Asset and property management fees | $ | 5.7 |  |  | $ | 7.7 |  |  | $ | 10.6 |
Leasing commissions and development fees |  | 0.4 |  |  |  | 1.9 |  |  |  | 2.2 |
|  | 6.1 |  |  |  | 9.6 |  |  |  | 12.8 |
Other |  | 0.7 |  |  |  | 1.0 |  |  |  | 1.7 |
| $ | 6.8 |  |  | $ | 10.6 |  |  | $ | 14.5 |
Accounting Standards Update 2014-09 [Member] |
Schedule of Fee and Other Income | Revenue from contracts with customers and other property-related income and is recognized in the period earned as follows (in thousands):
| For the Year Ended December 31, |
| 2023 |  |  | 2022 |  |  | 2021 |
Revenue from contracts: |  |  |  |  |  |  |  |
Asset and property management fees from joint ventures | $ | 5,692 |  |  | $ | 7,720 |  |  | $ | 10,560 |
Leasing commissions and development fees |  | 430 |  |  |  | 1,856 |  |  |  | 2,191 |
Disposition, asset and property management fees from RVI |  | 150 |  |  |  | 980 |  |  |  | 26,001 |
Total revenue from contracts with customers |  | 6,272 |  |  |  | 10,556 |  |  |  | 38,752 |
Other property income |  | 2,937 |  |  |  | 4,691 |  |  |  | 3,313 |
Total fee and other income | $ | 9,209 |  |  | $ | 15,247 |  |  | $ | 42,065 |

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