XML 33 R26.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Organization and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Properties Owned by Operating Partnership

As of June 30, 2024, the Operating Partnership owned interests in the following properties:

 

 

Malls (1)

 

 

Outlet Centers (1)

 

 

Lifestyle Centers (1)(2)

 

 

Open-Air Centers (3)

 

 

Other (3)(4)

 

 

Total

 

Consolidated Properties

 

 

40

 

 

 

2

 

 

 

4

 

 

 

21

 

 

 

4

 

 

 

71

 

Unconsolidated Properties (5)

 

 

6

 

 

 

3

 

 

 

1

 

 

 

8

 

 

 

1

 

 

 

19

 

Total

 

 

46

 

 

 

5

 

 

 

5

 

 

 

29

 

 

 

5

 

 

 

90

 

(1)
The Company has aggregated malls, outlet centers and lifestyle centers into one reportable segment (the "Malls") because they have similar economic characteristics and they provide similar products and services to similar types of, and in many cases, the same tenants.
(2)
Alamance Crossing is made up of Alamance Crossing East and Alamance Crossing West. Alamance Crossing East was deconsolidated and placed into receivership in connection with the foreclosure process. Alamance Crossing West remains consolidated. The Company views Alamance Crossing as one property and therefore only Alamance Crossing West is reflected in the total count.
(3)
Included in “All Other” for purposes of segment reporting.
(4)
CBL's two consolidated corporate office buildings are included in the Other category.
(5)
The Operating Partnership accounts for these investments using the equity method.