Related Party Transactions

3 Months Ended

Mar. 31, 2021

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 Three Months Ended March 31,
		2021		2020
Management fees		$	3,817	$	4,486
Development and leasing fees		1,430		2,084
		$	5,247	$	6,570

Interest expense (income) from related party transactions includes $1,319 and $(44,243) for the three months ended March 31, 2021 and 2020, respectively, in connection with the Financing Arrangement (See Note 12—Financing Arrangement).

Due from affiliates includes $5,231 and $1,612 of unreimbursed costs and fees from unconsolidated joint ventures due to the Management Companies as of March 31, 2021 and December 31, 2020, respectively.