Related Party Transactions:

Certain unconsolidated joint ventures have engaged the Management Companies to manage the operations of the Centers. Under these arrangements, the Management Companies are reimbursed for compensation paid to on-site employees, leasing agents and project managers at the Centers, as well as insurance costs and other administrative expenses. The following are fees charged to unconsolidated joint ventures for the years ended December 31:



	2017		2016		2015
Management fees	$	19,105	$	17,937	$	10,064
Development and leasing fees	15,558		13,907		9,615
	$	34,663	$	31,844	$	19,679

Certain mortgage notes on the properties are held by NML (See Note 9—Mortgage Notes Payable). Interest expense in connection with these notes was $8,731, $8,973 and $10,515 for the years ended December 31, 2017, 2016 and 2015, respectively. Included in accounts payable and accrued expenses is interest payable to this related party of $716 and $736 at December 31, 2017 and 2016, respectively.

Due from (to) affiliates includes $5,411 and $(6,809) of unreimbursed (prepaid) costs and fees due from (to) unconsolidated joint ventures under management agreements at December 31, 2017 and 2016, respectively.

In addition, due from affiliates at December 31, 2017 and 2016 includes a note receivable from RED/303 LLC ("RED") that bears interest at 5.25% and matures on May 30, 2021. Interest income earned on this note was $268, $366 and $520 for the years ended December 31, 2017, 2016 and 2015, respectively. The balance on this note receivable was $4,796 and $5,593 at December 31, 2017 and 2016, respectively. RED is considered a related party because it is a partner in a joint venture development project. The note is collateralized by RED's interest in a development agreement.

Also included in due from affiliates is a note receivable from Lennar Corporation that bears interest at LIBOR plus 2% and matures upon the completion of certain milestones in connection with the development of Fashion Outlets of San Francisco. Interest income earned on this note was $2,513, $2,234 and $1,872 for the years ended December 31, 2017, 2016 and 2015, respectively. The balance on this note was $71,955 and $69,443 at December 31, 2017 and 2016, respectively. Lennar Corporation is considered a related party because it has an ownership interest in Fashion Outlets of San Francisco.