Contingencies (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Schedule of Guarantees

The following table represents the Operating Partnership's guarantees of unconsolidated affiliates' debt as reflected in the accompanying condensed consolidated balance sheets as of September 30, 2024 and December 31, 2023:

	As of September 30, 2024									Obligation recorded to reflect guaranty
Unconsolidated Affiliate	Company's Ownership Interest	Outstanding Balance		Percentage Guaranteed by the Operating Partnership		Maximum Guaranteed Amount		Debt Maturity Date (1)		September 30, 2024		December 31, 2023
West Melbourne I, LLC - Phase I	50%	$	33,985	50%		$	16,993	Feb-2025	(2)	$	170	$	177
West Melbourne I, LLC - Phase II	50%		10,483	50%			5,242	Feb-2025	(2)		52		56
Port Orange I, LLC	50%		45,173	50%			22,586	Feb-2025	(3)		226		236
Ambassador Infrastructure, LLC	65%		4,361	100%			4,361	Mar-2025			44		57
CBL-TRS Med OFC Holding, LLC (4)	50%		6,800		—		—	Jun-2030			—		19
Total guaranty liability										$	492	$	545

(1)Excludes any extension options.

(2)Subsequent to September 30, 2024, the existing loan was paid off using proceeds from a new loan secured by Hammock Landing. The new loan removes the previous payment guaranty. See Note 14 for additional information.

(3)The loan has a one-year extension option at the joint venture’s election.

(4)In September 2024, construction was completed and the Company's full payment guaranty was released.