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Investments in Unconsolidated Joint Ventures
 9 Months Ended
Sep. 30, 2019
Schedule of Equity Method Investments [Line Items]  
Investments in Unconsolidated Joint Ventures Collaborative Arrangement:
On March 1, 2018, the Company formed a 25/75 joint venture with a third party, whereby the Company agreed to contribute One Westside, a 680,000 square foot regional shopping center in Los Angeles, California, in exchange for $142,500. The Company completed the transfer on August 31, 2018.
During the period from March 1, 2018 to August 31, 2018, the Company accounted for the operations of One Westside as a collaborative arrangement. Both partners shared operating control of the property and the Company was reimbursed by the outside partner for 75% of the carrying cost of the property, which were defined in the agreement as operating expenses in excess of revenues, debt service and capital expenditures. Accordingly, the Company reduced leasing revenue, other revenue, shopping center and operating expenses and interest expense by its partner's 75% share and recorded a receivable due from its partner, which was settled upon completion of the transfer of the property. In addition, the Company was reimbursed by its partner for its 75% share of mortgage loan principal payments and capital expenditures during the period. Since completion of the transfer, the Company has accounted for its investment in One Westside under the equity method of accounting (See Note 4—Investments in Unconsolidated Joint Ventures).
Joint Venture  
Schedule of Equity Method Investments [Line Items]  
Investments in Unconsolidated Joint Ventures Investments in Unconsolidated Joint Ventures:
The Company has made the following recent investments and dispositions in its unconsolidated joint ventures:
On February 16, 2018, the Company's joint venture in Fashion District Philadelphia sold its ownership interest in an office building for $41,800, resulting in a gain on sale of assets of $5,545. The Company's pro rata share of the gain on the sale of assets of $2,773 was included in equity in income from unconsolidated joint ventures. The Company used its share of the proceeds to pay down its line of credit and for general corporate purposes.
On March 1, 2018, the Company formed a 25/75 joint venture with Hudson Pacific Properties, whereby the Company agreed to contribute Westside Pavilion (referred to hereafter as "One Westside"), a 680,000 square foot regional shopping center in Los Angeles, California in exchange for $142,500. From March 1, 2018 to August 31, 2018, the Company accounted for its interest in the property as a collaborative arrangement (See Note 15—Collaborative Arrangement). On August 31, 2018, the Company completed the sale of the 75% ownership interest in the property to Hudson Pacific Properties, resulting in a gain on sale of assets of $46,242. The sales price was funded by a cash payment of $36,903 and the assumption of a pro rata share of the mortgage note payable on the property of $105,597. Concurrent with the sale of the ownership interest, the joint venture defeased the loan on the property by providing a $149,175 portfolio of marketable securities as replacement collateral in lieu of the property. The Company funded its $37,294 share of the purchase price of the marketable securities portfolio with the proceeds from the sale of the ownership interest in the property. Upon completion of the sale of the ownership interest in the property, the Company has accounted for its remaining ownership interest in the property under the equity method of accounting.
On July 6, 2018, the Company’s joint venture in The Market at Estrella Falls, a 298,000 square foot community center in Goodyear, Arizona, sold the property for $49,100, resulting in a gain on sale of assets of $12,598. The Company's share of the gain of $2,996 was included in equity in income from unconsolidated joint ventures. The proceeds were used to pay off the $24,118 mortgage loan payable on the property, settle development obligations and for distributions to the partners. The Company used its share of the net proceeds for general corporate purposes.
On September 6, 2018, the Company formed a 50/50 joint venture with Simon Property Group to develop Los Angeles Premium Outlets, a premium outlet center in Carson, California that is planned to open with approximately 400,000 square feet, followed by an additional 165,000 square feet in the second phase. The joint venture expects to complete the first phase of the development in fall 2021.
On July 25, 2019, the Company's joint venture in Fashion District Philadelphia amended the existing loan on the joint venture to allow for additional borrowings up to $100,000 at LIBOR plus 2%. Concurrent with the amendment, the joint venture borrowed an additional $26,000. On August 16, 2019, the joint venture borrowed an additional $25,000. The Company used its share of the additional proceeds to pay down its line of credit and for general corporate purposes.
On September 12, 2019, the Company’s joint venture in Tysons Tower placed a new $190,000 loan on the property that bears interest at an effective rate of 3.38% and matures on October 11, 2029. The Company used its share of the proceeds to pay down its line of credit and for general corporate purposes.
Combined and condensed balance sheets and statements of operations are presented below for all unconsolidated joint ventures.
Combined and Condensed Balance Sheets of Unconsolidated Joint Ventures:
September 30,
2019		December 31,
2018
Assets(1):  
Property, net$9,359,938  $9,241,003  
Other assets807,237  703,861  
Total assets$10,167,175  $9,944,864  
Liabilities and partners' capital(1):  
Mortgage and other notes payable$6,261,409  $6,050,930  
Other liabilities538,155  388,509  
Company's capital1,828,638  1,913,475  
Outside partners' capital1,538,973  1,591,950  
Total liabilities and partners' capital$10,167,175  $9,944,864  
Investments in unconsolidated joint ventures:  
Company's capital$1,828,638  $1,913,475  
Basis adjustment(2)(504,176) (535,808) 
$1,324,462  $1,377,667  
Assets—Investments in unconsolidated joint ventures$1,436,788  $1,492,655  
Liabilities—Distributions in excess of investments in unconsolidated joint ventures(112,326) (114,988) 
$1,324,462  $1,377,667  

(1)    These amounts include assets of $2,981,866 and $3,047,851 of Pacific Premier Retail LLC (the "PPR Portfolio") as of September 30, 2019 and December 31, 2018, respectively, and liabilities of $1,836,948 and $1,859,637 of the PPR Portfolio as of September 30, 2019 and December 31, 2018, respectively.
(2)    The Company amortizes the difference between the cost of its investments in unconsolidated joint ventures and the book value of the underlying equity into income on a straight-line basis consistent with the lives of the underlying assets. The amortization of this difference was $5,354 and $1,160 for the three months ended September 30, 2019 and 2018, respectively, and $15,164 and $8,787 for the nine months ended September 30, 2019 and 2018, respectively.
Combined and Condensed Statements of Operations of Unconsolidated Joint Ventures:
PPR PortfolioOther
Joint
Ventures		Total
Three Months Ended September 30, 2019   
Revenues:   
Leasing revenue$46,308  $169,132  $215,440  
Other668  15,648  16,316  
Total revenues46,976  184,780  231,756  
Expenses:   
Shopping center and operating expenses9,289  58,658  67,947  
Leasing expenses407  1,750  2,157  
Interest expense16,926  36,021  52,947  
Depreciation and amortization25,260  63,683  88,943  
Total operating expenses51,882  160,112  211,994  
Gain on sale or write down of assets, net5  —  5  
Net (loss) income$(4,901) $24,668  $19,767  
Company's equity in net (loss) income$(409) $14,991  $14,582  
Three Months Ended September 30, 2018   
Revenues:   
Leasing revenue$46,859  $176,990  $223,849  
Other27  11,767  11,794  
Total revenues46,886  188,757  235,643  
Expenses:   
Shopping center and operating expenses9,893  61,528  71,421  
Interest expense(1)16,680  37,968  54,648  
Depreciation and amortization24,582  61,323  85,905  
Total operating expenses51,155  160,819  211,974  
(Loss) gain on sale or write down of assets, net(47) 12,622  12,575  
Net (loss) income$(4,316) $40,560  $36,244  
Company's equity in net (loss) income$(148) $18,937  $18,789  
PPR PortfolioOther
Joint
Ventures		Total
Nine Months Ended September 30, 2019   
Revenues:   
Leasing revenue$137,674  $514,929  $652,603  
Other1,285  40,809  42,094  
Total revenues138,959  555,738  694,697  
Expenses:   
Shopping center and operating expenses27,431  177,373  204,804  
Leasing expenses1,247  5,112  6,359  
Interest expense50,920  110,614  161,534  
Depreciation and amortization75,506  205,016  280,522  
Total operating expenses155,104  498,115  653,219  
Loss on sale or write down of assets, net(400) (280) (680) 
Net (loss) income$(16,545) $57,343  $40,798  
Company's equity in net (loss) income$(2,139) $36,221  $34,082  
Nine Months Ended September 30, 2018   
Revenues:   
Leasing revenue$137,641  $533,041  $670,682  
Other627  31,917  32,544  
Total revenues138,268  564,958  703,226  
Expenses:   
Shopping center and operating expenses29,091  183,174  212,265  
Interest expense(1)50,176  108,356  158,532  
Depreciation and amortization73,137  184,708  257,845  
Total operating expenses152,404  476,238  628,642  
(Loss) gain on sale or write down of assets, net(47) 14,151  14,104  
Net (loss) income$(14,183) $102,871  $88,688  
Company's equity in net (loss) income$(1,021) $52,351  $51,330  
(1)    Interest expense includes $7,148 and $19,264 for the three and nine months ended September 30, 2018, respectively, related to mortgage notes payable to an affiliate of Northwestern Mutual Life ("NML") (See Note 18—Related Party Transactions).
Significant accounting policies used by the unconsolidated joint ventures are similar to those used by the Company.