Revenues

6 Months Ended

Jun. 30, 2024

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 and six months ended June 30, 2024 and 2023:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Rental revenues	$	124,071	$	124,842	$	248,098	$	255,166
Revenues from contracts with customers:
Operating expense reimbursements		1,960		1,875		4,220		4,091
Management, development and leasing fees (1)		1,817		1,822		3,722		4,256
Marketing revenues (2)		563		575		967		1,220
		4,340		4,272		8,909		9,567
Other revenues		1,254		753		1,775		1,493
Total revenues (3)	$	129,665	$	129,867	$	258,782	$	266,226

(1)Included in All Other segment.

(2)Marketing revenues solely relate to the Malls segment for all periods presented.

(3)Sales taxes are excluded from revenues.

See Note 9 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 June 30, 2024, 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	$	19,252	$	42,865	$	38,636	$	100,753

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.