CBL & Associates Properties (CBL) 10-K 31 Mar 22 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 25, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Entity Registrant Name	CBL & ASSOCIATES PROPERTIES, INC.
Entity Central Index Key	0000910612
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 21,174,328
Entity Common Stock, Shares Outstanding		31,807,477
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	CBL
Security Exchange Name	NYSE
Entity File Number	1-12494
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	62-1545718
Entity Address, Address Line One	2030 Hamilton Place Blvd.
Entity Address, Address Line Two	Suite 500
Entity Address, City or Town	Chattanooga
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37421
City Area Code	423
Local Phone Number	855.0001
Document Annual Report	true
Document Transition Report	false
Entity Bankruptcy Proceedings, Reporting Current	true
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	Atlanta, Georgia
Documents Incorporated by Reference [Text Block]	Portions of CBL & Associates Properties, Inc.’s Proxy Statement for the 2022 Annual Meeting of Stockholders are incorporated by reference in Part III .

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Real estate assets:
Land	[1]	$ 599,283	$ 695,711
Buildings and improvements	[1]	1,173,106	5,135,074
Real estate assets	[1]	1,772,389	5,830,785
Accumulated depreciation	[1]	(19,939)	(2,241,421)
Real estate investment property, net, before developments in progress	[1]	1,752,450	3,589,364
Developments in progress	[1]	16,665	28,327
Net investment in real estate assets	[1]	1,769,115	3,617,691
Cash and cash equivalents	[1]	169,554	61,781
Available-for-sale securities - at fair value (amortized cost of $149,999 and $233,053 as of December 31, 2021 and December 31, 2020, respectively)	[1]	149,996	233,071
Receivables:
Tenant	[1]	25,190	103,655
Other	[1]	4,409	5,958
Mortgage and other notes receivable	[1]	384	2,337
Investments in unconsolidated affiliates	[1]	103,655	279,355
In-place leases, net	[1]	384,705	5,682
Above market leases, net	[1]	234,286	2,021
Intangible lease assets and other assets	[1]	104,685	132,189
Total assets	[1]	2,945,979	4,443,740
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgage and other indebtedness, net		1,813,209	1,184,831
Below market leases, net		151,871	6,051
Accounts payable and accrued liabilities		184,404	167,336
Total liabilities not subject to compromise	[1]	2,544,879	1,358,218
Liabilities subject to compromise			2,551,490
Commitments and contingencies (Note 10 and Note 16)
Redeemable noncontrolling interests			(265)
Shareholders' equity:
Common stock, value		21	1,966
Additional paid-in capital		547,726	1,986,269
Accumulated other comprehensive income (loss)		(3)	18
Retained earnings (dividends in excess of cumulative earnings)		(151,545)	(1,456,435)
Total shareholders' equity		396,199	531,843
Noncontrolling interests		4,901	2,454
Total equity		401,100	534,297
Total liabilities, redeemable noncontrolling interests and equity		2,945,979	4,443,740
Senior Notes
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021)		$ 395,395
Series D Preferred Stock
Shareholders' equity:
Preferred stock outstanding			18
Series E Preferred Stock
Shareholders' equity:
Preferred stock outstanding			$ 7
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) $ in Thousands	Dec. 31, 2021USD ($)$ / sharesshares
Available-for-sale securities, amortized cost	$ 149,999
Fair value carrying amount	$ 2,092,298
Common stock, par value (USD per share) | $ / shares	$ 0.001
Common stock authorized (shares) | shares	200,000,000
Common stock issued (shares) | shares	20,774,716
Common stock outstanding (shares) | shares	20,774,716
Variable interest asset entities	$ 2,945,979	[1]
Variable Interest Entity Primary Beneficiary
Variable interest asset entities	262,265
Variable interest liability entities	231,823	[2]
Variable Interest Entity Primary Beneficiary | Nonrecourse
Variable interest liability entities	143,593
10% Senior Secured Notes
Fair value carrying amount	$ 395,000
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12
[2]	As of December 31, 2020, includes $40,600 related to Laredo Outlet JV, LLC, which was guaranteed by the Predecessor Operating Partnership. In September 2021, the loan secured by The Outlet Shoppes at Laredo was amended and the guaranty was removed. Also, due to the filing of the Chapter 11 Cases, the loan held by Gettysburg Outlet Center Holding, LLC became guaranteed by the Operating Partnership, and amounts to $35,804 and $36,774, excluding debt discounts, as of December 31, 2021 and 2020, respectively.

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands		2 Months Ended	10 Months Ended	12 Months Ended
		Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
REVENUES:
Rental revenues		$ 103,252	$ 450,922	$ 554,064	$ 736,878
Management, development and leasing fees		1,500	5,642	6,800	9,350
Other		4,094	11,465	14,997	22,468
Total revenues	[1]	108,846	468,029	575,861	768,696
EXPENSES:
Property operating		(15,258)	(72,735)	(84,061)	(108,905)
Depreciation and amortization		(49,504)	(158,574)	(215,030)	(257,746)
Real estate taxes		(9,598)	(50,787)	(69,686)	(75,465)
Maintenance and repairs		(7,581)	(32,487)	(34,132)	(46,282)
General and administrative		(9,175)	(43,160)	(53,425)	(64,181)
Loss on impairment			(146,781)	(213,358)	(239,521)
Litigation settlement		118	932	7,855	(61,754)
Prepetition charges				(23,883)
Other		(3)	(745)	(953)	(91)
Total expenses		(91,001)	(504,337)	(686,673)	(853,945)
OTHER INCOME (EXPENSES):
Interest and other income		510	2,055	6,396	2,764
Interest expense		(195,488)	(72,415)	(200,663)	(206,261)
Gain on extinguishment of debt				32,521	71,722
Gain on deconsolidation		19,126	55,131		67,242
Gain (loss) on sales of real estate assets		(3)	12,187	4,696	16,274
Reorganization items, net		(1,403)	(435,162)	(35,977)
Income tax benefit (provision)		5,885	(1,078)	(16,836)	(3,153)
Equity in earnings (losses) of unconsolidated affiliates		797	(10,823)	(14,854)	4,940
Total other expenses		(170,576)	(450,105)	(224,717)	(46,472)
Net loss		(152,731)	(486,413)	(335,529)	(131,721)
Net loss attributable to noncontrolling interests in:
Operating Partnership			2,473	19,762	23,683
Other consolidated subsidiaries		1,186	13,313	20,683	(739)
Net loss attributable to the Company		(151,545)	(470,627)	(295,084)	(108,777)
Preferred dividends declared					(33,669)
Preferred dividends undeclared				(37,410)	(11,223)
Net loss attributable to common shareholders		$ (151,545)	$ (470,627)	$ (332,494)	$ (153,669)
Basic and diluted per share data attributable to common shareholders:
Net loss attributable to common shareholders		$ (7.50)	$ (2.39)	$ (1.75)	$ (0.89)
Weighted-average common and potential dilutive common shares outstanding		20,208	196,591	190,277	173,445
[1]	Management, development and leasing fees are included in All Other category. See Note 5

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (152,731)	$ (486,413)	$ (335,529)	$ (131,721)
Other comprehensive loss:
Unrealized loss on available-for-sale securities	(3)	(18)	18
Comprehensive loss	(152,734)	(486,431)	(335,511)	(131,721)
Comprehensive (income) loss attributable to noncontrolling interests in:
Operating Partnership		2,473	19,762	23,683
Other consolidated subsidiaries	1,186	13,313	20,683	(739)
Comprehensive loss attributable to the Company:	$ (151,548)	$ (470,645)	$ (295,066)	$ (108,777)

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Redeemable Noncontrolling Interests	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Dividends in Excess of Cumulative Earnings	Total Shareholders' Equity	Noncontrolling Interests
Beginning balance at Dec. 31, 2018	$ 1,032,165		$ 25	$ 1,727	$ 1,968,280		$ (1,005,895)	$ 964,137	$ 68,028
Beginning balance of redeemable noncontrolling partnership interests at Dec. 31, 2018		$ 3,575
Net loss	(130,337)						(108,777)	(108,777)	(21,560)
Net loss		(1,384)
Purchase of noncontrolling interests in Operating Partnership	(96)								(96)
Dividends declared - common stock	(13,010)						(13,010)	(13,010)
Preferred dividends declared	(33,669)						(33,669)	(33,669)
Issuance of shares of common stock and restricted common stock	791			10	781			791
Conversion of Operating Partnership common units into shares of common stock	730			5	725			730	(730)
Cancellation of shares of restricted common stock	(144)			(1)	(143)			(144)
Performance stock units	1,250				1,250			1,250
Amortization of deferred compensation	2,794				2,794			2,794
Adjustment for noncontrolling interests	(3,398)	3,398			(7,790)			(7,790)	4,392
Distributions to noncontrolling interests	(11,149)	(3,429)							(11,149)
Deconsolidation of investments	12,014								12,014
Contributions from noncontrolling interests	4,654								4,654
Ending balance at Dec. 31, 2019	861,865		25	1,741	1,965,897		(1,161,351)	806,312	55,553
Ending balance of redeemable noncontrolling partnership interests at Dec. 31, 2019		2,160
Net loss	(332,802)						(295,084)	(295,084)	(37,718)
Net loss		(2,727)
Other comprehensive income (loss)	18					$ 18		18
Issuance of shares of common stock and restricted common stock	538			16	522			538
Conversion of Operating Partnership common units into shares of common stock	21,163			210	20,953			21,163	(21,163)
Cancellation of shares of restricted common stock	(116)			(1)	(115)			(116)
Performance stock units	3,548				3,548			3,548
Amortization of deferred compensation	1,769				1,769			1,769
Adjustment for noncontrolling interests	(303)	302			(6,305)			(6,305)	6,002
Distributions to noncontrolling interests	(912)								(912)
Contributions from noncontrolling interests	692								692
Ending balance at Dec. 31, 2020	534,297		25	1,966	1,986,269	18	(1,456,435)	531,843	2,454
Ending balance of redeemable noncontrolling partnership interests at Dec. 31, 2020		(265)
Net loss	(485,640)						(470,627)	(470,627)	(15,013)
Net loss		(773)
Other comprehensive income (loss)	(18)					(18)		(18)
Cancellation of shares of restricted common stock	(31)			(1)	(30)			(31)
Performance stock units	311				311			311
Amortization of deferred compensation	896				896			896
Adjustment for noncontrolling interests	(6)	6			(871)			(871)	865
Distributions to noncontrolling interests	298								298
Contributions from noncontrolling interests	(1,454)								(1,454)
Cancellation of Predecessor equity	(60,064)	$ 1,032	$ (25)	(1,977)	(1,986,769)		1,927,062	(61,709)	1,645
Fresh start accounting adjustments to noncontrolling interest	17,216								17,216
Issuance of Successor equity to noteholders and holders of unsecured claims	487,480			18	487,462			487,480
Issuance of Successor equity to Predecessor shareholders and common unit holders	60,250			2	59,966			59,968	282
Ending balance at Oct. 31, 2021	553,535			20	547,428			547,448	6,087
Net loss	(152,731)						(151,545)	(151,545)	(1,186)
Other comprehensive income (loss)	(3)					(3)		(3)
Conversion of Operating Partnership common units into shares of common stock				12	194			206	(206)
Amortization of deferred compensation	299				299			299
Issuance of restricted common stock				1	(1)
Ending balance at Dec. 31, 2021	$ 401,100			$ 21	$ 547,726	$ (3)	$ (151,545)	$ 396,199	$ 4,901

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - $ / shares	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement Of Stockholders Equity [Abstract]
Dividends/distributions declared - common stock/unit (USD per share/unit)				$ 0.075
Issuance of common stock and restricted common stock (shares)	784,999		1,639,236	915,226
Conversion of operating partnership common stock shares	1,193,978
Conversion of Operating Partnership common units into common stock (shares)			20,956,110	611,847
Cancellation of restricted common stock (shares)		138,518	140,540	68,420
Cancellation of Predecessor equity (shares)		201,549,255
Issuance of Successor equity to noteholders and holders of unsecured claims (shares)		17,800,000
Issuance of Successor equity to Predecessor shareholders and common unit holders (shares)		2,200,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		1 Months Ended	2 Months Ended		10 Months Ended	12 Months Ended
		Jan. 31, 2019	Dec. 31, 2021		Oct. 31, 2021	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss			$ (152,731)		$ (486,413)			$ (335,529)		$ (131,721)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization			49,504		158,574			215,030		257,746
Net amortization of deferred financing costs, premiums on available-for-sale securities and debt premiums and discounts			174,439		1,877			8,764		8,316
Reorganization items (non-cash)					256,433			25,294
Net amortization of intangible lease assets and liabilities			3,346		659			(574)		(1,809)
(Gain) loss on sales of real estate assets			3		(12,187)			(4,696)		(16,274)
Gain on insurance proceeds			(433)					(1,644)		(462)
Gain on deconsolidation			(19,126)		(55,131)					(67,242)
Write-off of development projects			3		745			952		91
Share-based compensation expense			282		1,186			5,819		4,783
Loss on impairment					146,781	$ 146,781		213,358		239,521
Gain on extinguishment of debt		$ (61,795)						(32,521)		(71,722)
Equity in (earnings) losses of unconsolidated affiliates			(797)		10,823			14,854		(4,940)
Distributions of earnings from unconsolidated affiliates			2,247		16,358			10,093		21,651
Change in estimate of uncollectable revenues			1,008		5,692			49,329		3,463
Change in deferred tax accounts			(10,853)					14,558		2,668
Changes in:
Tenant and other receivables			(4,574)		25,707			(75,109)		(10,885)
Other assets			1,120		368			(10,070)		(63)
Accounts payable and accrued liabilities			13,611		35,587			35,457		40,287
Net cash provided by operating activities			57,049		107,059			133,365		273,408
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to real estate assets			(5,455)		(26,168)			(53,453)		(128,148)
Acquisitions of real estate assets										(5,700)
Proceeds from sales of real estate assets					33,265			7,817		130,310
Purchases of available-for-sale securities			(449,986)		(787,746)			(235,182)
Proceeds from disposal of investments			7,103							18,563
Redemptions of available-for-sale securities			299,988		1,019,735
Proceeds from insurance					1,064			988		2,037
Payments received on mortgage and other notes receivable			13		840			1,095		3,010
Additional investments in and advances to unconsolidated affiliates			(1,126)		327			(11,024)		(5,786)
Distributions in excess of equity in earnings of unconsolidated affiliates			10,758		10,689			10,625		13,345
Changes in other assets			(311)		(4,512)			(1,263)		(3,045)
Net cash provided by (used in) investing activities			(139,016)		247,494			(280,397)		24,586
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from mortgage and other indebtedness					50,041			365,246		1,127,991
Principal payments on mortgage and other indebtedness			(11,690)		(194,283)			(154,658)		(1,334,972)
Additions to deferred financing costs			(427)		(1,684)			(590)		(15,546)
Proceeds from issuances of common stock								5		40
Purchases of noncontrolling interests in the Operating Partnership										(96)
Contributions from noncontrolling interests					298			692		4,654
Payment of tax withholdings for restricted stock awards					(11)			(87)		(133)
Distributions to noncontrolling interests					(354)			(912)		(18,758)
Dividends paid to holders of preferred stock										(33,669)
Dividends paid to common shareholders										(25,959)
Net cash provided by (used in) financing activities			(12,117)		(145,993)			209,696		(296,448)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH			(94,084)		208,560			62,664		1,546
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period		$ 57,512	330,282		121,722	121,722		59,058		57,512
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period			236,198		330,282	236,198		121,722		59,058
Reconciliation from consolidated statements of cash flows to consolidated balance sheets:
Cash and cash equivalents			169,554	[1]	260,207	169,554	[1]	61,781	[1]	32,816
Restricted cash (1):
Restricted cash	[2]		33,012		33,876	33,012		37,320		180
Mortgage escrows	[2]		33,632		36,199	$ 33,632		22,621
Cash included in assets held for sale	[2]									26,062
SUPPLEMENTAL INFORMATION
Cash paid for interest, net of amounts capitalized			11,589		43,176			125,366		$ 198,261
Cash paid for reorganization items			$ 525		$ 178,944			$ 301
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12
[2]	Included in intangible lease assets and other assets in the consolidated balance sheets

ORGANIZATION

ORGANIZATION	12 Months Ended
	Dec. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization	NOTE 1. ORGANIZATION CBL & Associates Properties, Inc. ("CBL"), a Delaware corporation, is a self-managed, self-administered, fully-integrated real estate investment trust ("REIT") that is engaged in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, lifestyle centers, open-air centers, outlet centers, office buildings and other properties, including single-tenant and multi-tenant outparcels. Its properties are located in 24 states but are primarily in the southeastern and midwestern United States. CBL conducts substantially all its business through CBL & Associates Limited Partnership (the "Operating Partnership"), which is a variable interest entity ("VIE"). The Operating Partnership consolidates the financial statements of all entities in which it has a controlling financial interest or where it is the primary beneficiary of a VIE. As of December 31, 2021, the Operating Partnership owned interests in the following Properties: Malls (1) Outlet Centers (1) Lifestyle Centers (1) Open-Air Centers (2) Other (2) ( 3 ) Total Consolidated Properties 42 2 4 21 4 73 Unconsolidated Properties ( 4 ) 8 3 1 8 1 21 Total 50 5 5 29 5 94 (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) Included in “All Other” for purposes of segment reporting. ( 3 ) CBL's two consolidated corporate office buildings are included in the Other category. ( 4 ) The Operating Partnership accounts for these investments using the equity method because one or more of the other partners have substantive participating rights. The Malls, Outlet Centers, Lifestyle Centers, Open-Air Centers and Other are collectively referred to as the “Properties” and individually as a “Property.” CBL is the 100% owner of two qualified REIT subsidiaries, CBL Holdings I, Inc. and CBL Holdings II, Inc. At December 31, 2021, CBL Holdings I, Inc., the sole general partner of the Operating Partnership, owned a 1.0% general partner interest in the Operating Partnership and CBL Holdings II, Inc. owned a 98.9% limited partner interest for a combined interest held by CBL of 99.9%. Historically, the noncontrolling interest in the Operating Partnership has been held by CBL & Associates, Inc., its shareholders and affiliates and certain senior officers of the Company (collectively "CBL's Predecessor"), all of which contributed their interests in certain real estate properties and joint ventures to the Operating Partnership in exchange for a limited partner interest when the Operating Partnership was formed in November 1993, and by various third parties. During 2020, CBL’s Predecessor elected to convert all remaining common units of limited partnership interest in the Operating Partnership to common stock in connection with the exercise of the holders’ contractual exchange rights As used herein, the term "Company" includes CBL & Associates Properties, Inc. and its subsidiaries, including CBL & Associates Limited Partnership and its subsidiaries, unless the context indicates otherwise. The term "Operating Partnership" refers to CBL & Associates Limited Partnership and its subsidiaries. The Operating Partnership conducts the Company's property management and development activities through its wholly owned subsidiary, CBL & Associates Management, Inc. (the “Management Company"), to comply with certain requirements of the Internal Revenue Code. Voluntary Reorganization under Chapter 11 As discussed in Note 3 , upon the Company’s emergence from the Chapter 11 Cases (defined below), the Company adopted fresh start accounting, which resulted in a new basis of accounting and the Company becoming a new entity for financial reporting purposes. As a result of the application of fresh start accounting and the effects of the implementation of the Plan (defined below), the consolidated financial statements after the Effective Date (defined below), are not comparable with the consolidated financial statements on or before that date. The lack of comparability is emphasized by the use of a “black line” to separate the Predecessor (defined below) and Successor (defined below) periods in the consolidated financial statements and footnote tables. References to “Successor” or “Successor Company” relate to the financial position and results of operations of the Company after the Effective Date. References to "Predecessor" or "Predecessor Company" refer to the financial position and results of operations of the Company on or before the Effective Date. See Note 3 for additional information. During the Predecessor period, the Company applied Accounting Standards Codification (“ASC”) 852 - Reorganizations As a result, the Company segregated prepetition unsecured or under secured liabilities and obligations whose treatment and satisfaction were dependent on the outcome of the Chapter 11 proceedings and classified these items as “Liabilities subject to compromise” on the Predecessor Company’s consolidated balance sheet. In addition, the Company classified all expenses, gains and losses that were incurred as a result of the Chapter 11 proceedings since filing as “Reorganization items, net” in the Predecessor Company’s consolidated statements of operations. Reclassifications Due to fresh start accounting, certain reclassifications have been made to amounts in the Company’s prior-year financial statements to conform to the current period presentation. The Company reclassified in-place leases, net, of $5,682, above market leases, net, of $2,021 and below market leases, net, of $6,051 into individual line items for the year ended December 31, 2020 .

Emergence From Voluntary Reorga

Emergence From Voluntary Reorganization Under Chapter 11	12 Months Ended
	Dec. 31, 2021
Chapter Eleven Cases And Ability To Continue As Going Concern [Abstract]
Emergence From Voluntary Reorganization Under Chapter 11	NOTE 2. EMERGENCE FROM VOLUNTARY REORGANIZATION UNDER CHAPTER 11 Voluntary Reorganization Under Chapter 11 On August 18, 2020, the Company entered into a Restructuring Support Agreement, (the “Original RSA”) with certain beneficial owners and/or investment advisors or managers of discretionary funds, accounts or other entities for the holders of beneficial owners (the “Consenting Noteholders”) representing in excess of 62%, including joining noteholders pursuant to joinder agreements, of the aggregate principal amount of the $450,000 of senior unsecured notes issued by the Operating Partnership in November 2013 that bear interest at 5.25% and mature on December 1, 2023 (the “2023 Notes”), the $300,000 of senior unsecured notes issued by the Operating Partnership in October 2014 that bear interest at 4.60% and mature on October 15, 2024 (the “2024 Notes”) and the $625,000 of senior unsecured notes issued by the Operating Partnership in December 2016 and September 2017 that bear interest at 5.95% and mature on December 15, 2026 (the “2026 Notes” and, collectively with the 2023 Notes and 2024 Notes, the "Notes"). On October 28, 2020, the Operating Partnership was notified by the administrative agent and lenders that they elected to exercise their rights pursuant to the terms of the secured credit facility to (i) require that rents payable by tenants at the properties that are collateral to the secured credit facility be paid directly to the administrative agent and (ii) exercise all voting rights and other ownership rights in respect of all the equity interests in the subsidiaries of the Operating Partnership that are guarantors of the secured credit facility. Beginning on November 1, 2020, CBL and the Operating Partnership, together with certain of its direct and indirect subsidiaries (collectively, the “Debtors”), filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 (“Chapter 11”) of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) In re CBL & Associates Properties, Inc., et al. , Case No. 20-35226 The filing of the Chapter 11 Cases constituted an event of default with respect to certain property-level debt of the Operating Partnership’s subsidiaries, which may result in acceleration of the outstanding principal and other sums due. See Note 9 and Note 10 for further discussion. In connection with the Chapter 11 Cases, on August 11, 2021, the Bankruptcy Court entered an order, Docket No.1397 (Confirmation Order), confirming the Debtors’ Third Amended Joint Chapter 11 Plan of CBL & Associates Properties, Inc. and its Affiliated Debtors (With Technical Modifications) (as modified at Docket No. 1521, the “Plan”). On November 1, 2021 (the “Effective Date”), the conditions to effectiveness of the Plan were satisfied and the Debtors emerged from the Chapter 11 Cases . The Company filed a notice of the Effective Date of the Plan with the Bankruptcy Court on November 1, 2021. Following the Effective Date, certain of the Debtors’ Chapter 11 Cases remain open to administer claims pursuant to the Plan. On the Effective Date, in exchange for their approximately $1,375,000 in principal amount of senior unsecured notes and $133,000 in principal amount of the secured credit facility, Consenting Noteholders, other noteholders, and certain holders of unsecured claims against the Company received, in the aggregate, $95,000 in cash, $455,000 of new senior secured notes, $100,000 of new exchangeable secured notes, based upon the election by certain Consenting Noteholders, and 89% in common equity of the newly reorganized company (subject to dilution, as set forth in the Plan). Certain Consenting Noteholders also provided $50,000 of new money in exchange for additional new exchangeable secured notes. Pursuant to the Plan the remaining lenders of the senior secured credit facility, holding $983,700 in principal amount, received $100,000 in cash and a new $883,700 secured term loan. Existing common and preferred shareholders each received 5.5% of common equity in the newly reorganized company. On the Effective Date, the Company had an aggregate 20,000,000 shares of new common stock and units issued and outstanding. In November 2021, CBL & Associates HoldCo II, LLC (“HoldCo II”), a wholly owned subsidiary of the Operating Partnership, redeemed $60,000 in principal amount of the new senior secured notes, which are included in the Successor balance sheet as of the Effective Date. On the Effective Date, the Company reserved an additional (i) approximately 9,000,000 shares of new common stock for issuance upon the potential exercise of the new exchangeable notes and (ii) 3,222,222 shares of new common stock for issuance under an equity incentive plan. On the Effective Date, all prior equity interests of the Company issued and outstanding immediately prior to the Effective Date, including (1) CBL’s common stock, par value $0.01 per share and CBL’s preferred stock and related depositary shares and (2) the Operating Partnership’s limited partnership common interests and the limited partnership preferred interests related to CBL’s preferred stock, and any rights of any holder in respect thereof, were deemed cancelled, discharged and of no force or effect. Exit Credit Agreement On the Effective Date, CBL & Associates HoldCo I, LLC (“HoldCo I”), a wholly owned subsidiary of the Operating Partnership, entered into an amended and restated credit agreement (the “Exit Credit Agreement”), providing for an $883,700 senior secured term loan that matures November 1, 2025. Upon satisfaction of certain conditions, the maturity date will automatically extend to November 1, 2026 and upon further satisfaction of certain conditions the maturity date will automatically extend to November 1, 2027. The Exit Credit Agreement bears interest at a rate per annum equal to LIBOR for the applicable period plus 275 basis points, subject to a LIBOR floor of 1.0%. The Exit Credit Agreement requires HoldCo I to comply with certain financial ratios in the aggregate for the collateral properties, including a covenant that it not permit the (i) interest coverage ratio (as defined in the Exit Credit Agreement) commencing with the fiscal quarter ending December 31, 2021, to be less than 1.50 to 1.00, (ii) minimum debt yield ratio (as defined in the Exit Credit Agreement) commencing with the fiscal quarter ending March 31, 2023 as of the last day of any fiscal quarter ending prior to the maturity date, to be less than eleven and a half percent (11.50%) and (iii) the occupancy rate (as defined in the Exit Credit Agreement) commencing with the fiscal quarter ending March 31, 2023, as of the last day of any fiscal quarter ending prior to the maturity date, to be less than seventy five percent (75%). The Operating Partnership provided a limited guaranty up to a maximum of $175,000 (the “Principal Liability Cap”). The Principal Liability Cap will be reduced by an amount equal to 100% of the first $2,500 in principal amortization made by HoldCo I each calendar year and will be reduced further by 50% of the principal amortization payments made by HoldCo I each calendar year in excess of the first $2,500 in principal amortization for such calendar year. As of December 31, 2021, the Principal Liability Cap had been reduced to $171,946. The Principal Liability Cap is eliminated when the loan balance is reduced below $650,000. The Exit Credit Agreement is secured by first-priority liens on substantially all the personal and real property assets of HoldCo I and its direct and indirect subsidiaries, including without limitation, HoldCo I’s and the subsidiary guarantors’ ownership interests in the capital stock, membership interests or partnership interests in the subsidiary guarantors. HoldCo I consists of sixteen malls, three lifestyle centers, three open-air centers and various parcels adjacent to our properties. Secured Notes Indenture On the Effective Date, HoldCo II entered into a secured notes indenture relating to the issuance of 10% senior secured notes due 2029 (the “Secured Notes”) in an aggregate principal amount of $455,000. The Secured Notes mature November 15, 2029 and bear interest at a rate of 10% per annum, payable semi-annually on November 15 and May 15, beginning May 15, 2022. The Secured Notes are secured by first priority perfected liens on certain personal and real property assets owned as of the Effective Date by HoldCo II and certain secured notes subsidiary guarantors and certain assets of HoldCo II and each secured notes subsidiary guarantor acquired after the Effective Date. Upon the occurrence of certain permitted asset sales or dispositions and certain collateral release trigger events, HoldCo II is required to make an offer to the holders of the Secured Notes to repurchase the Secured Notes (in the case of such asset sales) or redeem the Secured Notes (in the case of such trigger events) in an aggregate principal amount equal to a certain specified portion of the proceeds of such sale, financing transaction or other disposition. Additionally, HoldCo II may redeem the Secured Notes at its option, subject to satisfaction of customary conditions thereof, including payment of accrued and unpaid interest through the date of such optional redemption and any applicable premium. HoldCo II redeemed $60,000 aggregate principal amount of the Secured Notes pursuant to an optional redemption on November 8, 2021, which left an outstanding balance of $395,000. As noted above, the $60,000 redemption is included in the Successor balance sheet as of the Effective Date. The secured notes indenture contains customary affirmative covenants, including covenants regarding the maintenance of insurance and reporting requirements, and negative covenants, including covenants limiting the ability of Holdco II and certain of its subsidiaries to, among other things, incur debt, grant liens, enter into transactions with affiliates and sell or dispose of assets. Exchangeable Notes Indenture On the Effective Date, HoldCo II entered into a secured exchangeable notes indenture relating to the issuance of 7.0% exchangeable senior secured notes due 2028 (the “Exchangeable Notes”) in an aggregate principal amount of $150,000. The Exchangeable Notes mature November 15, 2028 and bear interest at a rate of 7.0% per annum, payable semi-annually on November 15 and May 15, beginning May 15, 2022. The Exchangeable Notes are secured by first priority perfected liens on certain personal and real property assets owned as of the Effective Date by Holdco II and certain of its subsidiaries and certain assets of HoldCo II and each of its subsidiaries acquired after the Effective Date. The Exchangeable Notes indenture contains customary affirmative covenants, including covenants regarding the maintenance of insurance and reporting requirements, and negative covenants, including covenants limiting the ability of HoldCo II and certain of its subsidiaries to, among other things, incur debt, grant liens, enter into transactions with affiliates and sell or dispose of assets. Subsequent to December 31, 2021, the Exchangeable Notes were fully converted into shares of common stock. See Note 20 for additional information. Registration Rights Agreement Pursuant to the Plan, on the Effective Date, the Company and certain holders of the newly issued shares of common stock, par value $0.001, of the Company executed a registration rights agreement. Pursuant to the registration rights agreement, the Company agreed to file with the Securities and Exchange Commission (the “SEC”) an initial shelf registration statement on Form S-11 as soon as practicable after the filing with the SEC of the Company’s Annual Report on Form 10-K for the year ending December 31, 2021 (including any portions thereof that are incorporated by reference into such Form 10-K from the Company’s definitive proxy statement for the Company’s 2022 annual meeting of shareholders), and to use reasonable best efforts to substitute this with a shelf registration on Form S-3 as soon as reasonably practicable following the Company’s becoming eligible to use such form. Any holder or group of holders will have the right to request that the Company include some or all the shares of new common stock held by them, including shares of new common stock issuable upon conversion of the Exchangeable Notes, in such initial shelf registration statement or shelf registration statement. The Company also agreed to file a “demand” shelf registration statement, or to facilitate a “takedown” of registrable securities in the form of an underwritten offering under any existing shelf registration statement, to the extent that (1) the registrable securities sought to be sold equal at least 5% of all outstanding shares of new common stock on the date of any such request or (2) the anticipated aggregate gross offering price of such registrable securities is at least $25,000 (prior to the deduction of any underwriting discounts and commissions). The Company shall also not be required to file a “demand” registration statement if (a) the registrable securities proposed to be sold are already covered by an existing and effective registration statement that may utilized for the offer and sale of such registrable securities, or (b) there have previously been more than 6 such demands in the aggregate . 2021 Equity Incentive Plan Following the Effective Date, the board of directors of the Company adopted the CBL & Associates Properties, Inc. 2021 Equity Incentive Plan (the “EIP”). See Note 18 for additional information. Fifth Amended and Restated Operating Partnership Agreement On the Effective Date, under the terms of the Plan, affiliates of the Company entered into a Fifth Amended and Restated Agreement of Limited Partnership for the Operating Partnership (the “New OP Agreement”) with CBL (solely for purposes of acknowledging the provisions thereof) and the remaining holders of the old limited partnership preferred interests (the “Old LP Interests”) who elected to remain limited partners of the Operating Partnership following emergence. Pursuant to the Plan, the New OP Agreement supersedes and replaces in its entirety the Operating Partnership’s Fourth Amended and Restated Agreement of Limited Partnership, as amended (the “Old OP Agreement”), and all of the common units, special common units and preferred units of limited partnership of the Operating Partnership outstanding under the Old OP Agreement were cancelled and new common units (which, as of the Effective Date, are the only class of equity of the Operating Partnership outstanding) were issued to certain holders, as described in Note 11 . The New OP Agreement also eliminated the terms of all the classes of preferred units, as well as all the classes of special common units, that were defined in the Old OP Agreement. Board of Directors As of the Effective Date, the following directors were deemed to have resigned from the board of directors in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb. Pursuant to the Plan, since the Effective Date the board of directors has consisted of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales. Jonathan Heller, Charles B. Lebovitz and Stephen D. Lebovitz are the only directors that served on the board of directors prior to emergence. As of the Effective Date, Jonathan M. Heller became the chairman of the board of directors and David J. Contis became the lead director. The audit committee following the Effective Date consists of Marjorie L. Bowen (chairperson), David J. Contis and Robert G. Gifford. The compensation committee following the Effective Date consists of Robert G. Gifford (chairperson), David J. Contis, David M. Fields and Kaj Vazales. The nominating/corporate governance committee following the Effective Date consists of David M. Fields (chairperson), Marjorie l. Bowen, Robert G. Gifford and Kaj Vazales. Second Amended and Restated Certificate of Incorporation In connection with the Company’s reorganization and emergence from its Chapter 11 Proceedings, as provided in the Plan, effective as of the Effective Date, CBL adopted a Second Amended and Restated Certificate of Incorporation (the “Updated COI”), which replaced and superseded the CBL’s Amended and Restated Certificate of Incorporation as it existed immediately prior to the Effective Date (the “Prior COI”), and also adopted the Fourth Amended and Restated Bylaws for CBL (the “Updated Bylaws”), which replaced and superseded CBL’s Third Amended and Restated Bylaws as they existed immediately prior to the Effective Date (the “Prior Bylaws”). Delisting of Common Stock and Depositary Shares On November 2, 2020, the NYSE announced that (i) it had suspended trading in the Company’s stock and (ii) it had determined to commence proceedings to delist the Company’s common stock, as well as the depositary shares each representing a 1/10th fractional share of the Company’s 7.375% Series D Cumulative Redeemable Preferred Stock (“Series D Preferred Stock”) and the depositary shares each representing a 1/10th fractional share of the Company’s 6.625% Series E Cumulative Redeemable Preferred Stock (“Series E Preferred Stock”), due to such securities no longer being suitable for listing based on “abnormally low” trading price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual. The Company appealed this decision in accordance with NYSE rules. In the meantime, effective November 3, 2020, the Company’s common stock and the depositary shares representing fractional interests in its Series D Preferred Stock and Series E Preferred Stock began trading on the OTC Markets, operated by the OTC Markets Group, Inc., under the symbols CBLAQ, CBLDQ and CBLEQ, respectively. On November 2, 2021, the newly issued common stock of the reorganized company commenced trading on the NYSE under the symbol CBL . L iquidity and Loan Defaults In accordance with the accounting guidance related to the presentation of financial statements, when preparing financial statements for each annual and interim reporting period, management evaluates whether there are conditions or events that, when considered in the aggregate, raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. In making its assessment, management considered the Company’s current financial condition and liquidity sources. As of December 31, 2021, the Company had $1.4 billion of property-level debt and related obligations, including consolidated debt and unconsolidated debt, maturing or callable within the next twelve months from the issuance of the financial statements. Subsequent to year-end and through the date of issuance of the financial statements, the Company obtained certain waivers and/or refinanced and extended the maturity dates for $0.2 billion of mortgage debt obligations. Accordingly, the Company still had $1.2 billion of property-level debt and related obligations maturing or callable within the next twelve months from the issuance of the financial statements, including $642 million reported within mortgage debt payable and $537 million related to unconsolidated affiliates, a portion of which is guaranteed by the Company, as disclosed in Note 16 Management intends to refinance and/or extend the maturity dates for such mortgage notes payable. In such instances where a refinancing and/or extension of maturity dates is unsuccessful the Company will repay certain of the mortgage notes based on the availability of liquidity and convey certain properties to the lender to satisfy the related debt obligations. As a result, the Company has concluded that management’s plans are probable of being achieved to alleviate substantial doubt about the Company’s ability to continue as a going concern. The Company has prepared its financial statements in conformity with accounting principles generally accepted in the United States of America applicable to a going concern. The financial statements do not reflect any adjustments related to the recoverability of assets and satisfaction of liabilities that might be necessary should the Company be unable to continue as a going concern. Reorganization Items Any expenses, gains and losses that are realized or incurred as of or subsequent to November 1, 2020, and as a direct result of the Chapter 11 Cases, are recorded in the line item “Reorganization items, net” in the Company’s consolidated statements of operations. For the period from January 1, 2021 through October 31, 2021, the $435,162 of reorganization items, net, consists of $779,092 associated with remeasuring the value of the individual assets and liabilities of the Successor Company as of the Effective Date, $75,545 in professional fees and success fees, $1,211 in compensation associated with reorganization efforts and $1,741 of U.S. Trustee fees, offset by the gain on settlement of liabilities subject to compromise of $422,427. For the year ended December 31, 2020, the $35,977 of reorganization items consists of $10,347 in professional fees, $25,294 of unamortized deferred financing costs and debt discounts related to the secured credit facility and the senior unsecured notes, as well as $336 of U.S. Trustee fees.

Fresh Start Accounting

Fresh Start Accounting	12 Months Ended
	Dec. 31, 2021
Fresh Start Accounting [Abstract]
Fresh Start Accounting	NOTE 3 FRESH START ACCOUNTING Fresh Start Upon emergence from bankruptcy, the Company qualified for and adopted fresh start accounting in accordance with ASC 852, which resulted in the Company becoming a new entity for financial reporting purposes because (1) the holders of the then existing common shares of the Predecessor received less than 50 percent of the new shares of common stock of the Successor outstanding upon emergence and (2) the reorganization value of the Company’s assets immediately prior to confirmation of the Plan was less than the total of all post-petition liabilities and allowed claims. The Company elected to apply fresh start accounting using a convenience date of October 31, 2021. Management evaluated and concluded that the events on November 1, 2021 were not material to the Company’s financial reporting on both a quantitative and qualitative basis. The reorganization value derived from the range of equity values associated with the Plan was allocated to the Company’s identifiable tangible and intangible assets and liabilities based on their fair values. The Effective Date fair values of the Company’s assets and liabilities differ materially from their recorded values as reflected on the historical balance sheets. Reorganization Value Under ASC 852, the Successor determined a value to be assigned to the equity of the emerging entity as of the date of adoption of fresh start accounting. Based on the Company’s revised projections filed with the SEC on a Form 8-K on May 6, 2021, management and its investment bankers reassessed the value of the Company, resulting in an estimated range of shareholders’ equity between $50,000 and $550,000. T The following table reconciles the enterprise value to the estimated fair value of the Successor’s common shares as of Enterprise value, less cash $ 2,296,872 Less: Fair value of noncontrolling interest in consolidated subsidiaries (6,087 ) Enterprise value of the Company's interests, less cash 2,290,785 Plus: Cash, cash equivalents and restricted cash 330,282 Less: Fair value of mortgage and other indebtedness (1,678,619 ) Less: Fair value of 10% senior secured notes (395,000 ) Fair value of Successor total shareholders' equity $ 547,448 Shares and units issued upon emergence 20,000,000 Per share value $ 27.37 The following table reconciles the enterprise value to the reorganization value of the Successor’s assets to be allocated to the Company’s individual assets as of the Effective Date Enterprise value, less cash $ 2,296,872 Plus: Cash, cash equivalents and restricted cash 330,282 Plus: Accounts payable and accrued liabilities 335,513 Reorganization value of Successor's assets $ 2,962,667 The enterprise value and corresponding equity value are dependent upon achieving the future financial results set forth in the Company’s projections, as well as the realization of certain other assumptions. All estimates, assumptions, valuations and financial projections, including the fair value adjustments, the financial projections, the enterprise value and equity value projections, are inherently subject to significant uncertainties and the resolution of contingencies beyond the Company’s control. Accordingly, the Company cannot assure that the estimates, assumptions, valuations or financial projections will be realized and actual results could vary materially. Real Estate Assets In developing the fair value estimates for the portfolio of retail properties, all three traditional approaches to valuation were considered including the income approach, the sales comparison (market) approach and the cost approach. These valuation approaches have long been recognized as acceptable in the appropriate circumstances and in valuations of this type. Accordingly, all applicable properties were identified, investigated and examined by the valuation provider along with all intangible assets and liabilities associated with the properties. Furthermore, the valuation provider estimated the fair values and remaining useful lives ("RUL") of the related intangible assets and liabilities at the property-level, as applicable. In most cases, the properties included the following intangible assets/liabilities: • Above/below-market leases • In-place leases • Avoided lease origination costs (leasing commissions, tenant improvements, etc.) • Property-level debt For the valuation of the tangible assets of each property, all pertinent information such as blueprints and drawings, property tax statements, prior appraisals and cost segregation reports were utilized. In terms of methodology, the properties were valued via the income approach in order to estimate building values. Separate values for the underlying land and site improvements were developed via the cost approach. As part of the allocation process, the fair value of the following tangible components was estimated: • Land • Building(s) • Site Improvements Investment in Unconsolidated Affiliates The fair value of the Company’s investment in unconsolidated affiliates for fresh start accounting was determined by valuing the underlying real estate assets associated with each unconsolidated joint venture in the same manner as all real estate assets, described above. The Company then calculated the net asset or liability value of each joint venture by applying the net working capital balance to the fair value of the real estate assets and the amount outstanding under any associated mortgage notes. The percentage of ownership interest in each joint venture was applied to the net asset or liability value which resulted in the fair value of each unconsolidated affiliate. See Note 4 for further information related to the equity method of accounting. Right-of-Use Assets and Lease Liabilities The fair value of lease liabilities was measured as the present value of the remaining lease payments, as if the lease were a new lease as of the Effective Date. The Company used its incremental borrowing rate (“IBR”) as the discount rate in determining the present value of the remaining lease payments, which was determined by a third-party valuation advisor using a fundamental credit rating analysis and an implied market yield analysis based on the newly issued Secured Notes. Based upon the corresponding lease term, the IBR was approximately 12.0%. Mortgage Notes Payable The fair value of the mortgage notes payable was estimated by a third-party valuation advisor based on an analysis of the Company’s collateral coverage, financial metrics and interest rate for each mortgage note payable relative to market rates. If there is a reasonable expectation that the debtor will be able to meet the financial obligations of the mortgage note payable, or the mortgage note payable is a recourse loan, then the value of the mortgage note is equal to the present value of the future mortgage note payments discounted at a rate of return commensurate with the risk associated with the mortgage note payments. If the debtor is unable, or if there is uncertainty if the debtor will be able, to meet the financial obligations of the mortgage note, then the value of the mortgage note payable is equal to the expected proceeds to be received through a liquidation of the underlying property at fair value. Consolidated Balance Sheet The adjustments included in the following fresh start consolidated balance sheet reflect the effects of the transactions contemplated by the Plan and executed by the Company on the Effective Date (reflected in the column “Reorganization Adjustments”), and fair value and other required accounting adjustments resulting from the adoption of fresh start accounting (reflected in the column “Fresh Start Accounting Adjustments”). The explanatory notes provide additional information regarding the adjustments recorded. October 31, 2021 Predecessor Reorganization Adjustments Fresh Start Accounting Adjustments Successor ASSETS (1) Real estate assets: Land $ 625,098 $ — $ (23,083 ) (15) $ 602,015 Buildings and improvements 4,839,923 — (3,660,465 ) (15) 1,179,458 5,465,021 — (3,683,548 ) 1,781,473 Accumulated depreciation (2,252,275 ) — 2,252,275 (15) — 3,212,746 — (1,431,273 ) 1,781,473 Developments in progress 15,858 — — 15,858 Net investment in real estate assets 3,228,604 — (1,431,273 ) 1,797,331 Cash and cash equivalents 498,260 (238,053 ) (1) — 260,207 Receivables: Tenant 70,664 — (49,751 ) (16) 20,913 Other 4,056 1,254 (2) — 5,310 Mortgage and other notes receivable 397 — — 397 Investments in unconsolidated affiliates 246,823 — (124,982 ) (17) 121,841 In-place leases, net 6,895 — 406,635 (18) 413,530 Above market leases, net 3,611 — 241,385 (18) 244,996 Intangible lease assets and other assets 150,784 — (52,642 ) (19) 98,142 $ 4,210,094 $ (236,799 ) $ (1,010,628 ) $ 2,962,667 LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY Mortgage and other indebtedness, net $ 1,016,557 $ 1,032,508 (3) $ (370,446 ) (20) $ 1,678,619 10% senior secured notes - at fair value (carrying amount of $395,000 as of October 31, 2021) — 395,000 (4) — 395,000 Below market leases, net 5,576 — 153,667 (18) 159,243 Accounts payable and accrued liabilities 215,675 (7,431 ) (5) (31,974 ) (21) 176,270 Total liabilities not subject to compromise (1) 1,237,808 1,420,077 (248,753 ) 2,409,132 Liabilities subject to compromise 2,551,439 (2,551,439 ) (6) — — Commitments and contingencies Redeemable noncontrolling interests (1,032 ) 1,032 (7) — — Shareholders' equity: Successor common stock, $.001 — 20 (8) — 20 Predecessor preferred stock, $.01 7.375% Series D Cumulative Redeemable Preferred Stock, 1,815,000 shares outstanding in 2020 18 (18 ) (9) — — 6.625% Series E Cumulative Redeemable Preferred Stock, 690,000 shares outstanding in 2020 7 (7 ) (10) — — Predecessor common stock, $.01 1,976 (1,976 ) (11) — — Additional paid-in capital 1,986,769 487,721 (12) (1,927,062 ) (22) 547,428 Retained earnings (dividends in excess of cumulative earnings) (1,553,835 ) 405,864 (13) 1,147,971 (22) — Total shareholders' equity 434,935 891,604 (779,091 ) 547,448 Noncontrolling interests (13,056 ) 1,927 (14) 17,216 (23) 6,087 Total equity 421,879 893,531 (761,875 ) 553,535 $ 4,210,094 $ (236,799 ) $ (1,010,628 ) $ 2,962,667 (1) Proceeds from Exchangeable Notes $ 50,000 Payment for the settlement to allowed unsecured claim holders (98,801 ) Payment for the settlement of the Predecessor secured credit facility (100,000 ) Payment of deferred financing fees for the Exit Credit Agreement (1,192 ) Payment of expensed financing fees for the Exchangeable Notes and the Secured Notes (773 ) Payment of professional fees (27,170 ) Redemption of Secured Notes (60,117 ) $ (238,053 ) (2) (3) Issuance of Exit Credit Agreement $ 883,700 Issuance of Exchangeable Notes 150,000 Capitalization of deferred financing costs related to the Exit Credit Agreement (1,192 ) $ 1,032,508 (4) (5) (6) Liabilities subject to compromise $ 2,551,439 Issuance of Exit Credit Agreement (983,700 ) Issuance of Secured Notes (555,773 ) Equity issued on the Effective Date in settlement of liabilities subject to compromise (487,479 ) Payment to various creditors (102,060 ) Gain on settlement of liabilities subject to compromise $ 422,427 (7) (8) (9) (10) (11) Conversion of Predecessor equity $ 20 Cancellation of Predecessor common stock (1,996 ) Net change in Predecessor common stock $ (1,976 ) (12) Issuance of Successor common stock to creditors $ 487,462 Issuance of Successor common stock to Predecessor equity holders (2 ) Cancellation of Predecessor common stock and preferred stock 2,021 Other adjustments (1,760 ) $ 487,721 (13) Gain on settlement of liabilities subject to compromise $ 422,427 Payment of certain professional fees (16,563 ) $ 405,864 (14) (15) (16) (17) (18) (19) Intangible lease assets $ (52,761 ) Corporate assets 293 Right-of-use lease assets (174 ) $ (52,642 ) (20) (21) Investment in unconsolidated affiliates $ (31,682 ) Write-off of deferred revenue (91 ) Lease liabilities (201 ) $ (31,974 ) (22) (23)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying consolidated financial statements include the consolidated accounts of the Successor Company and the Predecessor Company, as well as entities in which the Successor Company or the Predecessor Company has a controlling financial interest or entities where the Successor Company or the Predecessor Company is deemed to be the primary beneficiary of a VIE. For entities in which the Successor Company or the Predecessor Company has less than a controlling financial interest or entities where the Company is not deemed to be the primary beneficiary of a VIE, the entities are accounted for using the equity method of accounting. Accordingly, the Successor Company's or the Predecessor Company’s share of the net earnings or losses of these entities is included in consolidated net income (loss). The accompanying consolidated financial statements have been prepared in accordance with GAAP. All intercompany transactions have been eliminated. Accounting Guidance Adopted Description Expected Adoption Date & Application Method Financial Statement Effect and Other Information Accounting Standards Update (“ASU”) 2020-06, Debt-Debt with Conversion and Other Options November 1, 2021 - Prospective The guidance eliminates several of the accounting models for exchangeable debt which results in fewer embedded option features being separately recognized from the host instrument. For the exchangeable option to be recognized the embedded exchangeable feature must not be clearly and closely related to the host instrument, meet the definition of a derivative, and not qualify for a scope exception to the derivative accounting guidance, or the exchangeable debt instrument must be issued with a substantial premium. In regard to the Exchangeable Notes, the Successor Company has determined the conversion feature will not be separately recognized but will remain embedded in the exchangeable debt and amortized as part of the host instrument. The adoption of this guidance did not have a material impact on the Successor Company’s consolidated financial statements or disclosures. Accounting Guidance Not Yet Adopted Description Financial Statement Effect and Other Information ASU 2020-04, Reference Rate Reform On March 12, 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting Real Estate Assets The Company capitalizes predevelopment project costs paid to third parties. All previously capitalized predevelopment costs are expensed when it is no longer probable that the project will be completed. Once development of a project commences, all direct costs incurred to construct the project, including interest and real estate taxes, are capitalized. Additionally, certain general and administrative expenses are allocated to the projects and capitalized based on the amount of time applicable personnel work on the development project. Ordinary repairs and maintenance are expensed as incurred. Major replacements and improvements are capitalized and depreciated over their estimated useful lives. All real estate assets acquired prior to the Effective Date have been accounted for using the acquisition method of accounting and accordingly, the results of operations are included in the consolidated statements of operations from the respective dates of acquisition. The Company allocates the purchase price to (i) tangible assets, consisting of land, buildings and improvements, as if vacant, and tenant improvements, and (ii) identifiable intangible assets and liabilities, generally consisting of above-market leases, in-place leases and tenant relationships, which are included in intangible lease assets and other assets, and below-market leases, which are included in accounts payable and accrued liabilities. The Company uses estimates of fair value based on estimated cash flows, using appropriate discount rates, and other valuation techniques to allocate the purchase price to the acquired tangible and intangible assets. Liabilities assumed generally consist of mortgage debt on the real estate assets acquired. Assumed debt is recorded at its fair value based on estimated market interest rates at the date of acquisition. The Successor Company expects its future acquisitions will be accounted for as acquisitions of assets in which related transaction costs will be capitalized. Depreciation is computed on a straight-line basis over estimated lives of 30 years for buildings, 10 to 20 years for certain improvements and 5 to 10 years for equipment and fixtures. Tenant improvements are capitalized and depreciated on a straight-line basis over the term of the related lease. Lease-related intangibles from acquisitions of real estate assets are generally amortized over the remaining terms of the related leases. The amortization of above- and below-market leases is recorded as an adjustment to rental revenue, while the amortization of all other lease-related intangibles is recorded as amortization expense. Any difference between the face value of the debt assumed and its fair value is amortized to interest expense over the remaining term of the debt using the effective interest method. The Successor Company’s and the Predecessor Company’s intangibles and their balance sheet classifications as of December 31, 2021 and 2020, respectively, are summarized as follows: Successor Predecessor December 31, 2021 December 31, 2020 Cost Accumulated Amortization Cost Accumulated Amortization Intangible lease assets and other assets: Above-market leases $ 244,575 $ (10,289 ) $ 18,416 $ (16,395 ) In-place leases 412,683 (27,979 ) 59,472 (53,790 ) Tenant relationships 86 — 34,630 (7,909 ) Accounts payable and accrued liabilities: Below-market leases 158,300 (6,429 ) 42,274 (36,224 ) These intangibles are related to specific tenant leases. Should a termination occur earlier than the date indicated in the lease, the related unamortized intangible assets or liabilities, if any, related to the lease are recorded as expense or income, as applicable. The total net amortization expense of the above intangibles for the Successor Company for the period from November 1, 2021 through December 21, 2021 was $32,164. The total net amortization expense of the above intangibles for the Predecessor Company for the period from January 1, 2021 through October 31, 2021 was $1,195. The total net amortization expense of the above intangibles for the Predecessor Company for the years ended December 31, 2020 and 2019 was $1,460 and $4,506, respectively. The estimated total net amortization expense for the next five succeeding years is $150,606 in 2022, $104,777 in 2023, $69,285 in 2024, $45,037 in 2025 and $28,199 in 2026. The Successor Company capitalized interest expense of $216 during the period from November 1, 2021 through December 31, 2021. The Predecessor Company did not capitalize interest expense during the period from January 1, 2021 through October 31, 2021. Total interest expense capitalized during the Predecessor years ended December 31, 2020 and 2019 was $1,640 and $2,504, respectively. Accounts Receivable Receivables include amounts billed and currently due from tenants pursuant to lease agreements and receivables attributable to straight-line rents associated with those lease agreements. Individual leases where the collection of rents is in dispute are assessed for collectability based on management’s best estimate of collection considering the anticipated outcome of the dispute. Individual leases that are not in dispute are assessed for collectability and upon the determination that the collection of rents over the remaining lease term is not probable, accounts receivable is reduced as an adjustment to rental revenues. Revenue from leases where collection is deemed to be less than probable is recorded on a cash basis until collectability is determined to be probable. Further, management assesses whether operating lease receivables, at a portfolio level, are appropriately valued based upon an analysis of balances outstanding, historical collection levels and current economic trends. An allowance for the uncollectable portion of the portfolio is recorded as an adjustment to rental revenues. Management’s estimate of the collectability of accounts receivable from tenants is based on the best information available to management at the time of evaluation. The duration of the COVID-19 pandemic and its impact on the Company’s tenants’ ability to pay rents has caused uncertainty in the Company’s ongoing ability to collect rents when due. Considering the potential impact of these uncertainties, management’s collection assessment also took into consideration the type of retailer, billing disputes, lease negotiation status and executed deferral or abatement agreements, as well as recent rent collection experience and tenant bankruptcies based on the best information available to management at the time of evaluation. For the period November 1, 2021 through December 31, 2021, the Successor Company recorded $1,008 associated with uncollectable revenues, which includes $1,717 for straight line rent receivables. For the period from January 1, 2021 through October 31, 2021 the Predecessor Company recorded $5,692 associated with uncollectable revenues, which includes $2,806 for straight line rent receivables. For the year ended December 31, 2020, the Predecessor Company recorded $48,240 associated with uncollectable revenues, which includes $5,603 for straight line rent receivables. The following table sets forth the activity for the Predecessor Company’s allowance for doubtful accounts: Predecessor Year Ended December 31, 2019 Tenant receivables - allowance for doubtful accounts: Balance, beginning of year $ 2,337 Additions in allowance charged to expense — Bad debts charged against allowance (2,337 ) Balance, end of year $ — Carrying Value of Long-Lived Assets The Company monitors events or changes in circumstances that could indicate the carrying value of a long-lived asset may not be recoverable. When indicators of potential impairment are present that suggest that the carrying amounts of a long-lived asset may not be recoverable, the Company assesses the recoverability of the asset by determining whether the asset’s carrying value will be recovered through the estimated undiscounted future cash flows expected from the Company’s probability weighted use of the asset and its eventual disposition. In the event that such undiscounted future cash flows do not exceed the carrying value, the Company adjusts the carrying value of the long-lived asset to its estimated fair value and recognizes an impairment loss. The estimated fair value is calculated based on the following information, in order of preference, depending upon availability: (Level 1) recently quoted market prices, (Level 2) market prices for comparable properties, or (Level 3) the present value of future cash flows, including estimated salvage value. Certain of the Company’s long-lived assets may be carried at more than an amount that could be realized in a current disposition transaction. The Company estimates future operating cash flows, the terminal capitalization rate and the discount rate, among other factors. As these assumptions are subject to economic and market uncertainties, they are difficult to predict and are subject to future events that may alter the assumptions used or management’s estimates of future possible outcomes. Therefore, the future cash flows estimated in the Company’s impairment analyses may not be achieved. See Note 17 for information related to the impairment of long-lived assets in 2021, 2020 and 2019 . For the period from November 1, 2021 through December 31, 2021, the Successor Company did not record any impairment charges. For the period from January 1, 2021 through October 31, 2021, Note 17 for information related to the impairment of long-lived assets in 2021, 2020 and 2019 . Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less as cash equivalents. Restricted Cash Restricted cash of $66,644 for the Successor Company and $59,941 for the Predecessor Company was included in intangible lease assets and other assets at December 31, 2021 and 2020, respectively. As of December 31, 2021 and 2020, restricted cash related to cash held in escrow accounts for insurance, real estate taxes, capital expenditures and tenant allowances as required by the terms of certain mortgage notes payable, as well as amounts related to cash management agreements with the Company’s lenders that are designated for debt service and operating expense obligations. Investments in Unconsolidated Affiliates The Company evaluates its joint venture arrangements to determine whether they should be recorded on a consolidated basis. The percentage of ownership interest in the joint venture, an evaluation of control and whether a VIE exists are all considered in the Company’s consolidation assessment. Initial investments in joint ventures that are in economic substance a capital contribution to the joint venture are recorded in an amount equal to the cash contributed by the Company and the fair value of any real estate contributed. Initial investments in joint ventures that are in economic substance the sale of a portion of the Company’s interest in the real estate are accounted for as a contribution of real estate recorded in an amount equal to the fair value of the ownership interest retained and as a sale of real estate with profit recognized to the extent of the other joint venture partners’ interests in the joint venture. Profit recognition assumes the Company has no commitment to reinvest with respect to the percentage of the real estate sold and the accounting requirements of the full accrual method are met. The Company accounts for its investment in joint ventures where it owns a noncontrolling interest or where it is not the primary beneficiary of a VIE using the equity method of accounting. Under the equity method, the Company’s cost of investment is adjusted for additional contributions to and distributions from the unconsolidated affiliate, as well as its share of equity in the earnings of the unconsolidated affiliate. Generally, distributions of cash flows from operations and capital events are first made to partners to pay cumulative unpaid preferences on unreturned capital balances and then to the partners in accordance with the terms of the joint venture agreements. On a periodic basis, the Company assesses whether there are any indicators that the fair value of the Company's investments in unconsolidated affiliates may be impaired. An investment is impaired only if the Company’s estimate of the fair value of the investment is less than the carrying value of the investment and such decline in value is deemed to be other than temporary. To the extent impairment has occurred, the loss is measured as the excess of the carrying amount of the investment over the estimated fair value of the investment. The Company's estimates of fair value for each investment are based on a number of assumptions that are subject to economic and market uncertainties including, but not limited to, demand for space, competition for tenants, changes in market rental rates, and operating costs. As these factors are difficult to predict and are subject to future events that may alter the Company’s assumptions, the fair values estimated in the impairment analyses may not be realized . For the period from November 1, 2021 through December 31, 2021, no impairment chargers were recorded by the Successor Company. For the period from January 1, 2021 through October 31, 2021, no impairment chargers were recorded by the Predecessor Company. As of December 31, 202 0 and 2019, respectively , no impairment charges were recorded by the Predecessor Company . Deferred Financing Costs During 2020, as a result of the Chapter 11 Cases, unamortized financing costs of $16,779 related to the Predecessor Company's secured credit facility and senior unsecured notes were charged to expense and were recorded as “Reorganization items, net” within the Predecessor Company’s consolidated statements of operations. Unamortized financing costs of $1,568 for the Successor Company and $3,433 for the Predecessor Company were included in mortgage and other indebtedness, net, at December 31, 2021 and 2020, respectively. Deferred financing costs include fees and costs incurred to obtain financing and are amortized on a straight-line basis to interest expense over the terms of the related indebtedness. Amortization expense related to deferred financing costs for the Successor Company for the period November 1, 2021 through December 31, 2021 was $51. Amortization expense related to deferred financing costs for the Predecessor Company for the period from January 1, 2021 through October 31, 2021 was $814. Amortization expense related to deferred financing costs for the Predecessor Company for the years ended December 31, 2020 and 2019 was $5,476 and $7,000, respectively. Accumulated amortization of deferred financing costs was $19 for the Successor Company and $7,354 for the Predecessor Company as of December 31, 2021 and 2020, respectively. See Note 3 Revenue Recognition See Note 5 for a description of the Company's revenue streams. Gain on Sales of Real Estate Assets Gains on the sale of real estate assets, like all non-lease related revenue, are subject to a five-step model requiring that the Company identify the contract with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue upon satisfaction of the performance obligations. In circumstances where the Company contracts to sell a property with material post-sale involvement, such involvement must be accounted for as a separate performance obligation in the contract and a portion of the sales price allocated to each performance obligation. When the post-sale involvement performance obligation is satisfied, the portion of the sales price allocated to it will be recognized as gain on sale of real estate assets. Property dispositions with no continuing involvement will continue to be recognized upon closing of the sale. Income Taxes The Company is qualified as a REIT under the provisions of the Internal Revenue Code. To maintain qualification as a REIT, the Company is required to distribute at least 90% of its taxable income to shareholders and meet certain other requirements. As a REIT, the Company is generally not liable for federal corporate income taxes. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to federal and state income taxes on its taxable income at regular corporate tax rates. Even if the Company maintains its qualification as a REIT, the Company may be subject to certain state and local taxes on its income and property, and to federal income and excise taxes on its undistributed income. The Successor Company had state tax expense of $142 for the period from November 1, 2021 through December 31, 2021. State tax expense for the Predecessor Company was $2,992 during the period from January 1, 2021 through October 31, 2021. State tax expense for the Predecessor Company was $2,882 and $3,682 for the year ended December 31, 2020 and 2019, respectively. The Company has also elected taxable REIT subsidiary status for some of its subsidiaries. This enables the Company to receive income and provide services that would otherwise be impermissible for REITs. For these entities, deferred tax assets and liabilities are established for temporary differences between the financial reporting basis and the tax basis of assets and liabilities at the enacted tax rates expected to be in effect when the temporary differences reverse. A valuation allowance for deferred tax assets is provided if the Company believes all or some portion of the deferred tax asset may not be realized. An increase or decrease in the valuation allowance that results from the change in circumstances that causes a change in the Company’s judgment about the realizability of the related deferred tax asset is included in income or expense, as applicable. The Successor and Predecessor Company recorded an income tax provision as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Current tax provision $ (4,968 ) $ (1,078 ) $ (2,278 ) $ (485 ) Deferred tax provision 10,853 — (14,558 ) (2,668 ) Income tax provision $ 5,885 $ (1,078 ) $ (16,836 ) $ (3,153 ) The Successor Company had a net deferred tax asset of $10,853 at December 31, 2021. The net deferred tax asset at December 31, 2021 is included in intangible lease assets and other assets. In 2020, the Predecessor Company recorded a full deferred tax asset valuation allowance of $16,206, which left a balance of zero as a net deferred tax asset at December 31, 2020. As of December 31, 2021, tax years that generally remain subject to examination by the Company’s major tax jurisdictions include 2021, 2020, 2019 and 2018. The Company reports any income tax penalties attributable to its properties as property operating expenses and any corporate-related income tax penalties as general and administrative expenses in its consolidated statements of operations. In addition, any interest incurred on tax assessments is reported as interest expense. The Successor Company incurred nominal interest and penalty amounts during the period from November 1, 2021 through December 31, 2021. The Predecessor Company incurred nominal interest and penalty amounts during the period from January 1, 2021 through October 31, 2021, 2020 and 2019. Concentration of Credit Risk The Company’s tenants include national, regional and local retailers. Financial instruments that subject the Company to concentrations of credit risk consist primarily of tenant receivables. The Company generally does not obtain collateral or other security to support financial instruments subject to credit risk, but it monitors the credit standing of tenants. The Company derives a substantial portion of its rental income from various national and regional retail companies; however, no single tenant collectively accounted for more than 4.0% of the Successor Company’s and the Predecessor Company’s combined total consolidated revenues in 2021. Earnings per Share Basic earnings per share ("EPS") is computed by dividing net income (loss) attributable to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS assumes the issuance of common stock for all potential dilutive common shares outstanding. The limited partners’ rights to convert their noncontrolling interests in the Operating Partnership into shares of common stock are not dilutive. Performance stock units ("PSUs") are contingently issuable common shares and are included in earnings per share if the effect is dilutive. See Note 18 Note 20 Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates.

Revenues

Revenues	12 Months Ended
	Dec. 31, 2021
Revenue From Contract With Customer [Abstract]
Revenues	NOTE 5. REVENUES Revenues The following table presents the Company's revenues disaggregated by revenue source: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Rental revenues $ 103,252 $ 450,922 $ 554,064 $ 736,878 Revenues from contracts with customers (ASC 606): Operating expense reimbursements (1) 1,173 6,542 9,025 9,783 Management, development and leasing fees (2) 1,500 5,642 6,800 9,350 Marketing revenues (3) 2,112 1,571 2,716 6,059 4,785 13,755 18,541 25,192 Other revenues 809 3,352 3,256 6,626 Total revenues (4) $ 108,846 $ 468,029 $ 575,861 $ 768,696 (1) Includes $1,100 in the Malls segment and $73 in the All Other segment for the Successor Company for the period November 1, 2021 through December 31, 2021. Includes $5,720 in the Malls segment, $822 in the All Other segment for the Predecessor Company for the period January 1, 2021 through October 31, 2021. Includes $8,638 in the Malls segment and $387 in the All Other segment for the Predecessor Company for the year ended December 31, 2020. Includes $9,404 in the Malls segment and $379 in the All Other segment for the Predecessor Company for the year ended December 31, 2019. (2) Included in All Other segment. ( 3 ) Marketing revenues solely relate to the Malls segment for all years presented. ( 4 ) Sales taxes are excluded from revenues. See Note 13 for information on the Company's segments. Revenue from Contracts with Customers Operating expense reimbursements Under operating and other agreements with third parties, which own anchor or outparcel buildings at the Company's properties and pay no rent, the Company receives reimbursements for certain operating expenses such as ring road and parking area maintenance, landscaping and other fees. These arrangements are primarily either set at a fixed rate with rate increases typically every five years or are on a variable (pro rata) basis, typically as a percentage of costs allocated based on square footage or sales. The majority of these contracts have an initial term and one or more extension options, which cumulatively approximate 50 or more years as historically the initial term and any extension options are typically reasonably certain of being executed by the third party. The standalone selling price of each performance obligation is determined based on the terms of the contract, which typically assigns a price to each performance obligation that directly relates to the value the customer receives for the services being provided. Management, development and leasing fees The Company earns revenue from contracts with third parties and unconsolidated affiliates for property management, leasing, development and other services. These contracts are accounted for on a month-to-month basis if the agreement does not contain substantive penalties for termination. The majority of the Company's contracts with customers are accounted for on a month-to-month basis. The standalone selling price of each performance obligation is determined based on the terms of the contract, which typically assigns a price to each performance obligation that directly relates to the value the customer receives for the services being provided. These contracts generally are for the following: • Management fees - Management fees are charged as a percentage of revenues (as defined in the contract) and recognized as revenue over time as services are provided. • Leasing fees - Leasing fees are charged for newly executed leases and lease renewals and are recognized as revenue upon lease execution, when the performance obligation is completed. In cases for which the agreement specifies 50% of the leasing commission will be paid upon lease execution with the remainder paid when the tenant opens, the Company estimates the amount of variable consideration it expects to receive by evaluating the likelihood of tenant openings using the most likely amount method and records the amount as an unbilled receivable (contract asset). • Development fees - Development fees may be either set as a fixed rate in a separate agreement or be a variable rate based on a percentage of project costs. Variable consideration related to development fees is generally recognized over time using the cost-to-cost method of measurement because it most accurately depicts the Company's performance in satisfying the performance obligation. Contract estimates are based on various assumptions including the cost and availability of materials, anticipated performance and the complexity of the work to be performed. The cumulative catch-up method is used to recognize any adjustments in variable consideration estimates. Under this method, any adjustment is recognized in the period it is identified. Development and leasing fees received from an unconsolidated affiliate are recognized as revenue only to the extent of the third-party partner’s ownership interest. The Company's share of such fees are recorded as a reduction to the Company’s investment in the unconsolidated affiliate. Marketing revenues The Company earns marketing revenues from advertising and sponsorship agreements. These fees may be for tangible items in which the Company provides advertising services and creates signs and other promotional materials for the tenant or may be arrangements in which the customer sponsors a play area or event and receives specified brand recognition and other benefits over a set period of time. Revenue related to advertising services is recognized as goods and services are provided to the customer. Sponsorship revenue is recognized on a straight-line basis over the time period specified in the contract. Performance obligations A performance obligation is a promise in a contract to transfer a distinct good or service to a customer. If the contract does not specify the revenue by performance obligation, the Company allocates the transaction price to each performance obligation based on its relative standalone selling price. Such prices are generally determined using prices charged to customers or using the Company’s expected cost plus margin. Revenue is recognized as the Company’s performance obligations are satisfied over time, as services are provided, or at a point in time, such as leasing a space to earn a commission. Open performance obligations are those in which the Company has not fully or has partially provided the applicable good or services to the customer as specified in the contract. If consideration is received in advance of the Company’s performance, including amounts which are refundable, recognition of revenue is deferred until the performance obligation is satisfied or amounts are no longer refundable. Outstanding Performance Obligations The Company has outstanding performance obligations related to certain noncancellable contracts with customers for which it will receive fixed operating expense reimbursements for providing certain maintenance and other services as described above. As of December 31, 2021, the Company expects to recognize these amounts as revenue over the following periods: Performance obligation Less than 5 years 5-20 years Over 20 years Total Fixed operating expense reimbursements $ 21,619 $ 46,358 $ 41,513 $ 109,490 The Company evaluates its performance obligations each period and makes adjustments to reflect any known additions or cancellations. Performance obligations related to variable consideration, which is based on sales, are constrained.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	NOTE 6. LEASES Lessor Rental Revenues The majority of the Company’s revenues are earned through the lease of space at its properties. All the Company's leases with tenants for the use of space at its properties are classified as operating leases. Rental revenues include minimum rent, percentage rent, other rents and reimbursements from tenants for real estate taxes, insurance, common area maintenance ("CAM") and other operating expenses as provided in the lease agreements. The option to extend or terminate the Company’s leases is specific to each underlying tenant lease agreement. Typically, the Company's leases contain penalties for early termination. The Company doesn't have any leases that convey the right for the lessee to purchase the leased asset. Minimum rental revenue from operating leases is recognized on a straight-line basis over the initial terms of the related leases. Certain tenants are required to pay percentage rent if their sales volumes exceed thresholds specified in their lease agreements. Percentage rent is recognized as revenue when the thresholds are achieved and the amounts become determinable. The Company receives reimbursements from tenants for real estate taxes, insurance, CAM and other recoverable operating expenses as provided in the lease agreements. Any tenant reimbursements that require fixed payments are recognized on a straight-line basis over the initial terms of the related leases, whereas any variable payments are recognized when earned in accordance with the tenant lease agreements. Tenant reimbursements related to certain capital expenditures are billed to tenants over periods of 5 to 15 years. The components of rental revenues are as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Fixed lease payments $ 75,740 $ 271,221 $ 459,958 $ 607,259 Variable lease payments 27,512 179,701 94,106 129,619 Total rental revenues $ 103,252 $ 450,922 $ 554,064 $ 736,878 The undiscounted future fixed lease payments to be received under the Company's operating leases as of December 31, 2021, are as follows: Years Ending December 31, Operating Leases 2022 $ 343,443 2023 294,118 2024 236,667 2025 182,554 2026 133,875 Thereafter 301,293 Total undiscounted lease payments $ 1,491,950 Lessee The Company is a lessee under ground leases that range in maturity from 2044 to 2089 and generally provide for renewal options from five to ten years. The Company included the renewal options in its lease terms for purposes of calculating its lease liability and ROU asset because it has no plans to cease operating its assets associated with each ground lease. The ground leases relate to properties where the Company owns the buildings and improvements but leases the underlying land. The lease payments on the majority of the ground leases are fixed, but in the instances where they are variable, they are either based on the CPI index or a percentage of sales. As of December 31, 2021, these leases have a weighted-average remaining lease term of 41 years and a weighted-average discount rate of approximately 12%. The Company's ROU asset and lease liability are presented in the consolidated balance sheets within intangible lease assets and other assets and accounts payable and accrued liabilities, respectively. A summary of the Company's ROU asset and lease liability activity during the year ended December 31, 2021 and 2020 is presented below: ROU Asset Lease Liability Balance as of November 1, 2021 (Successor) $ 2,975 $ 2,975 Cash reduction (58 ) (58 ) Noncash increase 53 59 Balance as of December 31, 2021 (Successor) $ 2,970 $ 2,976 ROU Asset Lease Liability Balance as of January 1, 2020 (Predecessor) $ 3,804 $ 3,837 Cash reduction (373 ) (373 ) Noncash decrease (128 ) (134 ) Balance as of December 31, 2020 (Predecessor) $ 3,303 $ 3,330 The components of lease expense are presented below: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Lease expense: Operating lease expense $ 47 $ 448 $ 462 $ 547 Variable lease expense 14 246 223 348 Total lease expense $ 61 $ 694 $ 685 $ 895 The undiscounted future lease payments to be paid under the Company's operating leases as of December 31, 2021, are as follows: Year Ending December 31, Operating Leases 2022 $ 351 2023 351 2024 351 2025 353 2026 361 Thereafter 14,302 Total undiscounted lease payments 16,069 Less imputed interest (13,093 ) Lease liability $ 2,976

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2021
Business Combinations [Abstract]
ACQUISITIONS	NOTE 7. ACQUISITIONS Since the adoption of ASU 2017-01, Clarifying the Definition of a Business There were no acquisitions during 2021 and 2020. In October 2019, the Predecessor Company acquired the former Boston store located at West Towne Mall for $5,700 in cash. The Company is in the process of redeveloping this space.

DISPOSITIONS

DISPOSITIONS	12 Months Ended
	Dec. 31, 2021
Discontinued Operations And Disposal Groups [Abstract]
DISPOSITIONS	NOTE 8. DISPOSITIONS The Company evaluates its disposals utilizing the guidance in ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity 2021 Dispositions The Predecessor Company realized a gain of $12,187 primarily related to the sale of The Residences at Pearland Town Center, four anchors and four outparcels during the period from January 1, 2021 through October 31, 2021. Those transactions generated gross proceeds of $34,293. 2020 Dispositions The Predecessor Company realized a gain of $4,696 primarily related to the sale of eight outparcels during the year ended December 31, 2020. The Predecessor Company recognized a gain on extinguishment of debt for the properties listed below, which represented the amount by which the outstanding debt balance exceeded the net book value of the property as of the date title to the property was transferred to the mortgage holder in satisfaction of the non-recourse debt secured by the property. Sales Date Property Property Type Location Balance of Non-recourse Debt Gain on Extinguishment of Debt August Hickory Point Mall Malls Forsyth, IL $ 27,446 $ 15,446 December Burnsville Center Malls Burnsville, MN 64,233 17,075 $ 91,679 $ 32,521 2019 Dispositions Net proceeds realized from the 2019 dispositions were used to reduce the outstanding balances on the Predecessor Company's credit facilities, unless otherwise noted. The following is a summary of the Predecessor Company's 2019 dispositions: Sales Price Sales Date Property Property Type Location Gross Net Gain January Cary Towne Center (1) Malls Cary, NC $ 31,500 $ 31,068 $ — April Honey Creek Mall (2) Malls Terre Haute, IN 14,600 14,360 — April The Shoppes at Hickory Point Malls Forsyth, IL 2,508 2,407 1,326 June Courtyard by Marriott at Pearland Town Center All Other Pearland, TX 15,100 14,795 1,910 July 850 Greenbrier Circle All Other Chesapeake, VA 10,500 10,332 96 July Kroger at Foothills Plaza All Other Maryville, TN 2,350 2,267 1,139 July The Forum at Grandview (3) All Other Madison, MS 31,750 31,606 47 July Barnes & Noble parcel All Other High Point, NC 2,000 1,899 821 September Dick's Sporting Goods at Hanes Mall All Other Winston-Salem, NC 10,000 9,649 2,907 $ 120,308 $ 118,383 $ 8,246 (1) See below for more information regarding the sale of Cary Towne Center. (2) The Predecessor Company recognized a loss on impairment of $2,284 when it adjusted the book value of the mall to the net sales price based on a signed contract with a third-party buyer. See Note 17 for additional information. (3) The Predecessor Company recognized a loss on impairment of $8,582 in June 2019 when it adjusted the book value to the net sales price based on a signed contract with a third-party buyer, adjusted to reflect the estimated disposition costs. See Note 17 for additional information. The Predecessor Company realized gains of $6,434 primarily related to the sale of five outparcels and a gain of $1,627 related to the formation of three joint ventures during the year ended December 31, 2019. Also, the Predecessor Company realized a loss of $33 related to prior period adjustments. The Predecessor Company recognized a gain on extinguishment of debt for the properties listed below, which represented the amount by which the outstanding debt balances exceeded the net book value of the property as of the transfer date. Sale/Transfer Date Property Property Type Location Balance of Non-recourse Debt Gain on Extinguishment of Debt January Acadiana Mall (1) Malls Lafayette, LA $ 119,760 $ 61,795 January Cary Towne Center (2) Malls Cary, NC 43,716 9,927 $ 163,476 $ 71,722 (1) The Predecessor Company transferred title to the mall to the mortgage holder in satisfaction of the non-recourse debt secured by the property. (2) The In a separate transaction during January 2019, the Predecessor Company sold an anchor store parcel and vacant land at Acadiana Mall, which were not collateral on the loan, for a cash price of $4,000.

Unconsolidated Affiliates

Unconsolidated Affiliates	12 Months Ended
	Dec. 31, 2021
Equity Method Investments And Joint Ventures [Abstract]
Unconsolidated Affiliates	NOTE 9. UNCONSOLIDATED AFFILIATES Unconsolidated Affiliates Although the Company had majority ownership of certain joint ventures during 2021, 2020 and 2019, it evaluated the investments and concluded that the other partners or owners in these joint ventures had substantive participating rights, such as approvals of: • the pro forma for the development and construction of the project and any material deviations or modifications thereto; • the site plan and any material deviations or modifications thereto; • the conceptual design of the project and the initial plans and specifications for the project and any material deviations or modifications thereto; • any acquisition/construction loans or any permanent financings/refinancings; • the annual operating budgets and any material deviations or modifications thereto; • the initial leasing plan and leasing parameters and any material deviations or modifications thereto; and • any material acquisitions or dispositions with respect to the project. As a result of the joint control over these joint ventures, the Company accounts for these investments using the equity method of accounting. At December 31, 2021, the Company had investments in 26 entities, which are accounted for using the equity method of accounting. The Company's ownership interest in these unconsolidated affiliates ranges from 20.0% to 100.0%. Of these entities, 14 are owned in 50/50 joint ventures. 2021 Activity - Unconsolidated Affiliates Ambassador Infrastructure, LLC The joint venture reached an agreement with the lender to modify the loan secured by Ambassador Infrastructure. The agreement provides an additional four-year March 2025 Asheville Mall CMBS, LLC and Park Plaza Mall CMBS, LLC During the period from January 1, 2021 through October 31, 2021, the Predecessor Company deconsolidated Asheville Mall and Park Plaza as a result of the Predecessor Company losing control of these properties when each was placed in receivership as part of the foreclosure process. The Predecessor Company evaluated the loss of control of each property and determined that it was no longer the primary beneficiary of the respective wholly owned subsidiaries that own these properties. As a result, the Predecessor Company adjusted the combined negative equity in the two entities to zero, which represents the estimated fair value of the Predecessor Company’s investments in these properties, and recognized a gain on deconsolidation of $55,131. In October 2021, the foreclosure of Park Plaza was completed. Continental 425 Fund LLC In December 2021, the Successor Company sold its interest in the Continental 425 Fund LLC joint venture. This joint venture owns the Springs at Port Orange, which is secured by a $44,400 loan. The Successor Company received $7,103 in proceeds after factoring in its share of the outstanding debt. EastGate Mall CMBS, LLC In December 2021, the Successor Company deconsolidated EastGate Mall as a result of the Successor Company losing control of the property when it was placed in receivership as part of the foreclosure process. The Successor Company evaluated the loss of control and determined that it was no longer the primary beneficiary of the wholly owned subsidiary that owns this property. As a result, the Successor Company adjusted the combined negative equity in the entity to zero, which represents the estimated fair value of the Successor Company’s investment in this property, and recognized a gain on deconsolidation of $19,126. EastGate Storage, LLC, Hamilton Place Self Storage, LLC, Parkdale Self Storage, LLC and Self-Storage at Mid Rivers, LLC In December 2021, EastGate Mall Self Storage, Hamilton Place Self Storage, Mid Rivers Mall Self Storage and Parkdale Mall Self Storage were sold, which generated $42,000 in gross proceeds. Proceeds were used to pay off the total outstanding debt secured by the properties of $25,855. The Successor Company’s share of the proceeds after paying off the outstanding debt amounted to $7,637. Port Orange I, LLC In March 2021, the joint venture reached an agreement with the lender to modify the loan secured by The Pavilion at Port Orange. The agreement provides an additional four-year one-year February 2026 West Melbourne I, LLC In March 2021, the joint venture reached agreements with the lender to modify the loans secured by Hammock Landing Phases I & II. Each agreement provides an additional four-year one-year February 2026 York Town Center Holding, LP Subsequent to December 31, 2021, the joint venture entered into a $30,000 non-recourse mortgage note payable, secured by York Town Center, that provides for a three-year Note 20 for additional information. 2020 Activity - Unconsolidated Affiliates Atlanta Outlet JV, LLC In February 2020, Atlanta Outlet JV, LLC, a 50/50 joint venture, closed on a new loan in the amount of $4,680, with an interest rate of LIBOR plus 2.5% and a maturity date of November 2023 loan. The Operating Partnership and its joint venture partner have each guaranteed 100 % of the loan. See Note 16 for additional information. The unconsolidated affiliate is a VIE. BI Development II, LLC In June 2020, the Predecessor Company entered into a joint venture, BI Development II, LLC, to acquire, redevelop and operate the vacant Sears parcel at Northgate Mall in Chattanooga, TN. The Company has a 20% membership interest in the joint venture. The Predecessor Company made no initial capital contribution and has no future funding obligations. The unconsolidated affiliate is a VIE. CBL/T-C, LLC In October 2020, Oak Park Mall, LLC entered a forbearance agreement with the lender to restructure the non-recourse loan that is secured by Oak Park Mall . Pursuant to the terms of the forbearance agreement, all interest payments from June 2020 through November 2020 were deferred. The loan will be interest only through November 1, 2022; however, beginning on September 1, 2021 and continuing through November 1, 2022, the deferred interest is to be repaid in equal monthly installments in addition to the scheduled interest payments. Beginning December 1, 2022, Oak Park Mall, LLC is to begin making full monthly payments of principal and interest. Oak Park Mall, LLC executed a deed-in-lieu of foreclosure, along with other transfer documents, for the benefit of the lender, which were placed in escrow. In the event Oak Park Mall, LLC fails to make any of the required payments under the forbearance agreement, the lender can exercise its rights to receive the deed-in-lieu and other transfer documents from escrow. 2019 Activity - Unconsolidated Affiliates Atlanta Outlet JV, LLC In December 2019, the Predecessor Company sold 25% of its interest in The Outlet Shoppes at Atlanta, in Woodstock, GA, to its existing joint venture partner for total consideration of $20,778, including $11,440 of assumed debt. Following the sale, the Predecessor Company and its joint venture partner each own a 50% interest. In addition to the sale of its interest, the Predecessor Company and its joint venture partner executed an amendment to the joint venture agreement that modified certain terms of the agreement, which resulted in the Predecessor Company deconsolidating this property. As a result of these transactions, the Predecessor Company recognized a gain on investment/deconsolidation of $56,067, which was made up of a $12,939 gain on the sale of the Predecessor Company’s 25% interest and a $43,128 gain related to adjusting the Predecessor Company’s retained interest to fair value. BI Development, LLC In October 2019, the Predecessor Company entered into a joint venture, BI Development, LLC, to acquire, redevelop and operate the vacant JC Penney parcel at Northgate Mall in Chattanooga, TN. The Company has a 20% membership interest in the joint venture. The Predecessor Company made no initial capital contribution and has no future funding obligations. The unconsolidated affiliate is a VIE. Bullseye, LLC In September 2018, the Predecessor Company entered into a joint venture, Bullseye, LLC, to develop a vacant land parcel adjacent to Hamilton Corner in Chattanooga, TN. The Company has a 20% membership interest in the joint venture. The Predecessor Company made no initial investment and has no future funding obligations. The unconsolidated affiliate is a VIE. El Paso Outlet Center Holding, LLC, and El Paso Outlet Outparcels, LLC In August 2019, the Predecessor Company sold 25% of its interest in The Outlet Shoppes at El Paso, in El Paso, TX, to its existing joint venture partner for total consideration of $27,750, including $18,525 of assumed debt. Following the sale, the Company and its joint venture partner each own a 50% interest. In addition to the sale of its interest, the Predecessor Company and its joint venture partner executed an amendment to the joint venture agreement that modified certain terms of the agreement, which resulted in the Predecessor Company deconsolidating this property. As a result of these transactions, the Predecessor Company recognized a gain on investment/deconsolidation of $11,174, which was made up of a $3,884 gain on the sale of the Predecessor Company's 25% interest and a $7,290 gain related to adjusting the Predecessor Company's retained interest to fair value. El Paso Outlet Center Holding, LLC is a VIE. G&I VIII CBL Triangle LLC In July 2019, the lender foreclosed on the loan secured by Triangle Town Center. In September 2018, the Predecessor Company had reduced its investment in the unconsolidated 90/10 joint venture to zero. Hamilton Place Self Storage, LLC In September 2019, the Predecessor Company entered into a joint venture, Hamilton Place Self Storage, LLC, to develop a self-storage facility adjacent to Hamilton Place. The Predecessor Company has a 54% share in the joint venture and recorded a $187 loss on sale of real estate assets related to land that it contributed to the joint venture. The unconsolidated affiliate is a VIE. In conjunction with the formation of the joint venture, the unconsolidated affiliate closed on a construction loan with a total borrowing capacity of up to $7,002, a variable interest rate of LIBOR plus 2.75% and a maturity date of September 2024. The Operating Partnership guaranteed 100% of the construction loan, but had a back-up guaranty from its joint venture partner for 50% of the construction loan. As discussed above, the loan secured by this property was paid off in conjunction with the sale of the property in 2021. Louisville Outlet Shoppes, LLC In November 2019, the Predecessor Company and its joint venture partner executed an amendment to the joint venture agreement that modified certain terms of the agreement, which resulted in the Predecessor Company deconsolidating this property. The unconsolidated affiliate is a VIE. Mall of South Carolina L.P. In November 2019, the Predecessor Company and its joint venture partner closed on a construction loan to construct a new building adjacent to Coastal Grand that will include Dick’s Sporting Goods and Golf Galaxy. The construction loan has a total borrowing capacity of $7,959, a fixed interest rate of 5.05% and a maturity date of November 2024 Parkdale Self Storage, LLC In May 2019, the Predecessor Company entered into a 50/50 joint venture, Parkdale Self Storage, LLC, to develop a self-storage facility adjacent to Parkdale Mall. The Predecessor Company recorded gain on sale of real estate assets of $433 related to land that it contributed to the joint venture. The unconsolidated affiliate is a VIE. In conjunction with the formation of the joint venture, the unconsolidated affiliate closed on a construction loan with a total borrowing capacity of up to $6,500, a variable interest rate that is the greater of 5.25% or LIBOR plus 2.80% and a maturity date of July 2024 Vision-CBL Hamilton Place, LLC In November 2018, the Predecessor Company entered into a 50/50 joint venture, Vision-CBL Hamilton Place, LLC, to acquire, develop and operate an Aloft by Marriott hotel adjacent to Hamilton Place. In December 2019, the Predecessor Company recorded a $1,381 gain on sale of real estate assets related to land that it contributed to the joint venture. The unconsolidated affiliate is a VIE. See additional information in Variable Interest Entities below. In October 2019, the unconsolidated affiliate closed on a construction loan with a borrowing capacity of $16,800, a variable interest rate of LIBOR plus 2.45% and a maturity date of November 2024 Condensed Combined Financial Statements - Unconsolidated Affiliates Condensed combined financial statement information of the unconsolidated affiliates is as follows: December 31, 2021 (1) December 31, 2020 (1) ASSETS: Investment in real estate assets $ 2,364,154 $ 2,346,124 Accumulated depreciation (934,374 ) (862,435 ) 1,429,780 1,483,689 Developments in progress 7,288 28,138 Net investment in real estate assets 1,437,068 1,511,827 Other assets 188,683 174,966 Total assets $ 1,625,751 $ 1,686,793 LIABILITIES: Mortgage and other indebtedness, net $ 1,452,794 $ 1,439,454 Other liabilities 64,598 45,280 Total liabilities 1,517,392 1,484,734 OWNERS' EQUITY: The Company 102,792 132,350 Other investors 5,567 69,709 Total owners' equity 108,359 202,059 Total liabilities and owners’ equity $ 1,625,751 $ 1,686,793 (1) In conjunction with fresh start accounting, the Successor Company did not elect push-down accounting for any of its unconsolidated joint ventures. Amounts reflect the inside basis in the respective joint ventures. Year Ended December 31, 2021 2020 2019 Total revenues $ 251,933 $ 213,319 $ 221,512 Net income (loss) (1) $ 58,596 $ (12,659 ) $ 96,628 (1) The Successor Company’s pro rata share of net income is $797 for the period from November 1, 2021 through December 31, 2021 and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. The Predecessor Company’s pro rata share of net loss is $10,823 for the period from January 1, 2021 through October 31, 2021 and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. The Predecessor Company’s pro rata share of net income (loss) is $(14,854) and 4,940 for the years ended December 31, 2020 and 2019, respectively, and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. See Note 16 for a description of guarantees the Operating Partnership has issued related to the unconsolidated affiliates.

Mortgage and Other Indebtedness

Mortgage and Other Indebtedness, Net	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Mortgage and Other Indebtedness, Net	NOTE 10. MORTGAGE AND OTHER INDEBTEDNESS, NET On the Effective Date, in exchange for their approximately $1,375,000 in principal amount of senior unsecured notes and $133,000 in principal amount of the secured credit facility, Consenting Noteholders, other noteholders, and certain holders of unsecured claims against the Company received, in the aggregate, $95,000 in cash, $455,000 of new senior secured notes, $100,000 of new exchangeable secured notes, based upon the election by certain Consenting Noteholders, and 89% in common equity of the Successor Company (subject to dilution, as set forth in the Plan). Certain Consenting Noteholders also provided $50,000 of new money in exchange for additional new exchangeable secured notes. Pursuant to the Plan the remaining lenders of the senior secured credit facility, holding $983,700 in principal amount, received $100,000 in cash and a new $883,700 secured term loan. In November 2021, HoldCo II redeemed $60,000 in principal amount of the new senior secured notes, which is included in the Successor balance sheet as of the Effective Date. See Note 2 for additional information on the secured term loan, the senior secured notes and the exchangeable notes. Debt of the Company CBL has no indebtedness. Either the Operating Partnership or one of its consolidated subsidiaries that it has a direct or indirect ownership interest in is the borrower on all the Company's debt. CBL is a limited guarantor of the secured term loan, the senior secured notes and the exchangeable secured notes for losses suffered solely by reason of fraud or willful misrepresentation by the Operating Partnership or its affiliates. Debt of the Operating Partnership Our Secured Notes and mortgage and other indebtedness, net, consisted of the following: Successor Predecessor December 31, 2021 December 31, 2020 Amount Weighted- Average Interest Rate (1) Amount Weighted- Average Interest Rate (1) Fixed-rate debt at fair value: 10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021) $ 395,395 10.00 % $ — — Fixed-rate debt: Exchangeable senior secured notes 150,000 7.00 % — — Non-recourse loans on operating Properties 916,927 5.04 % 1,120,203 5.12 % Total fixed-rate debt 1,066,927 5.32 % 1,120,203 5.12 % Variable-rate debt: Secured term loan 880,091 3.75 % — — Recourse loans on operating Properties 66,911 3.21 % 68,061 4.69 % Total variable-rate debt 947,002 3.71 % 68,061 4.69 % Total fixed-rate and variable-rate debt 2,013,929 4.56 % 1,188,264 5.10 % Unamortized deferred financing costs (1,567 ) (3,433 ) Debt discounts (2) (199,153 ) — Total mortgage and other indebtedness, net $ 1,813,209 $ 1,184,831 Mortgage and other indebtedness included in liabilities subject to compromise consisted of the following: Successor Predecessor December 31, 2021 December 31, 2020 Amount Weighted- Average Interest Rate (1) Amount Weighted- Average Interest Rate (1) Fixed-rate debt: Senior unsecured notes due 2023 ( 3 ) $ — — $ 450,000 5.25 % Senior unsecured notes due 2024 ( 3 ) — — 300,000 4.60 % Senior unsecured notes due 2026 ( 3 ) — — 625,000 5.95 % Total fixed-rate debt — — 1,375,000 5.43 % Variable-rate debt: Secured line of credit ( 4 ) — — 675,926 9.50 % Secured term loan ( 4 ) — — 438,750 9.50 % Total variable-rate debt — — 1,114,676 9.50 % Total fixed-rate and variable-rate debt — — 2,489,676 7.25 % Unpaid accrued interest ( 5 ) — 57,644 Prepetition unsecured or under secured liabilities — 4,170 Total liabilities subject to compromise $ — $ 2,551,490 (1) Weighted-average interest rate excludes amortization of deferred financing costs. (2) In conjunction with fresh start accounting, the Company estimated the fair value of its mortgage notes with the assistance of a third-party valuation advisor. This resulted in recognizing a debt discount on the Effective Date. Debt discounts totaling $131,086 related to five mortgage notes payable that were past their maturity dates were fully accreted as additional interest expense during the period from November 1, 2021 through December 31, 2021. The debt discount is accreted over the term of the respective debt using the effective interest method. The remaining debt discounts at December 31, 2021 will be accreted over a weighted average period of 2.4 years. ( 3 ) In accordance with ASC 852, which limits the recognition of interest expense during a bankruptcy proceeding to only amounts that will be paid during the bankruptcy proceeding or that are probable of becoming allowed claims, interest was not accrued on the senior unsecured notes subsequent to the filing of the Chapter 11 Cases. The outstanding amount of the senior unsecured notes is included in liabilities subject to compromise in the accompanying consolidated balance sheets as of December 31, 2020. On the Effective Date, the senior unsecured notes were cancelled by operation of the Plan. See Note 2 for more information. ( 4 ) The administrative agent informed the Company that interest would accrue on all outstanding obligations at the post-default rate, which was equal to the rate that otherwise would be in effect plus 5.0%. The post-default interest rate at December 31, 2020 was 9.50%. In accordance with ASC 852, which limits the recognition of interest expense during a bankruptcy proceeding to only amounts that will be paid during the bankruptcy proceeding or that are probable of becoming allowed claims, interest w as not accrued on the secured credit facility subsequent to the filing of the Chapter 11 Cases. The outstanding amount of the secured credit facility is included in liabilities subject to compromise in the accompanying consolidated balance sheets as of December 31, 2020. On the Effective Date, HoldCo I entered into the Exit Credit Agreement, which amended the pre-emergence secured credit facility. See Note 2 for more information. ( 5 ) As of December 31, 2020, represents interest accrued on the secured credit facility and senior unsecured notes prior to the filing of the Chapter 11 Cases. As of December 31, 2021, all the real estate assets and working capital of the Company’s consolidated subsidiaries are secured as collateral on either property-level loans, the secured term loan, the secured notes or the exchangeable notes. Financial Covenants and Restrictions The filing of the Chapter 11 Cases constituted an event of default with respect to certain property-level debt of the Operating Partnership’s subsidiaries, which may result in acceleration of the outstanding principal and other sums due. Certain of the Company’s properties that are pledged as collateral on non-recourse mortgage loans are subject to cash management agreements with the lenders, which restrict the cash balances associated with those properties to only be used for debt service and operating expense obligations. Fixed-Rate Debt As of December 31, 2021, fixed-rate loans on operating Properties bear interest at stated rates ranging from 4.36% to 5.99%. Fixed-rate loans on operating Properties generally provide for monthly payments of principal and/or interest and mature at various dates through June 2026, with a weighted-average maturity of 1.6 years. 2020 Modifications The maturity date for the fixed-rate loan secured by Jefferson Mall was extended from June 1, 2022 to June 1, 2026. The loan was interest only through March 2021 when monthly payments of principal and interest began. However, excess cash flows are used to partially amortize the loan, as well as being held in escrow for capital expenditures and tenant allowances. Loan Repayments The Company repaid the following fixed-rate loans secured by the related consolidated Properties: Date Property Interest Rate at Repayment Date Scheduled Maturity Date Principal Balance Repaid (1) 2020: February Parkway Place 6.50% July 2020 $ 33,186 February Valley View Mall 6.50% July 2020 51,360 $ 84,546 (1) The Company retired the loans with borrowings from its credit facilities. Dispositions The following is a summary of the Company's dispositions for which the fixed-rate loan secured by the mall was extinguished: Sale/Transfer Date Property Interest Rate at Repayment Date Scheduled Maturity Date Balance of Non-recourse Debt Gain on Extinguishment of Debt 2020: August Hickory Point Mall (1) 5.85% December 2019 $ 27,446 $ 15,446 December Burnsville Center (1) 6.00% July 2020 64,233 17,075 $ 91,679 $ 32,521 (1) The Company transferred title to the mall to the mortgage holder in satisfaction of the non-recourse debt secured by the Property. In conjunction with the deconsolidation of Asheville Mall, EastGate Mall and Park Plaza, the Company deconsolidated the loan securing each property. See Note 9 for additional information. Variable-Rate Debt The recourse loans secured by operating properties mature in 2023 and bear interest at a variable interest rate indexed to LIBOR. At December 31, 2021, the interest rates ranged from 3.00% to 3.35%. 2021 Modifications In May 2021, the subsidiary that owns The Outlet Shoppes at Laredo filed for bankruptcy. In September 2021, the Company reached an agreement with the lender to amend the loan secured by The Outlet Shoppes at Laredo and dismiss the bankruptcy case. The loan term was extended through June 2023 and contains a one-year extension option. In October 2021, Brookfield Square Anchor S, LLC filed for bankruptcy. In December 2021, the Company reached an agreement with the lender to amend the loan secured by the Brookfield Square anchor redevelopment and dismiss the bankruptcy case. The loan term was extended through December 2023 and contains a one-year extension option. Other Several of the Company’s Properties are owned by special purpose entities, created as a requirement under certain loan agreements that are included in the Company’s consolidated financial statements. The sole business purpose of the special purpose entities is to own and operate these Properties. The real estate and other assets owned by these special purpose entities are restricted under the loan agreements in that they are not available to settle other debts of the Company. However, so long as the loans are not under an event of default, as defined in the loan agreements, the cash flows from these Properties, after payments of debt service, operating expenses and reserves, are available for distribution to the Company. Scheduled Principal Payments As of December 31, 2021, the scheduled principal amortization and balloon payments of the Company’s consolidated debt, excluding extensions available at the Company’s option, on all mortgage and other indebtedness, are as follows: 2022 $ 420,213 2023 90,818 2024 112,253 2025 786,067 2026 137,947 Thereafter 545,000 Total 2,092,298 Principal balance of loans with maturity date prior to December 31, 2021 (1) 316,631 Total mortgage and other indebtedness $ 2,408,929 ( 1 ) Represents the aggregate principal balance as of December 31, 2021 of the loans secured by Alamance Crossing, Fayette Mall, Hamilton Crossing, Greenbrier Mall and Parkdale Mall & Crossing, which are in default. The Company is in discussions with the lender regarding the loans secured by these properties. The loan secured by Greenbrier Mall matured in December 2019 March 2021 loan secured by Hamilton Crossing matured in April 2021 and had a balance of $ as of December 31, 2021. The loan secured by Fayette Mall matured in May 2021 and had a balance of $ as of December 31, 2021 . Subsequent to December 31, 2021, the loan secured by Fayette Mall was modified to reduce the fixed interest rate to 4.25 % and extend the maturity date through May 2023 , with three one-year extension options , subject to certain requirements. See Note 20 . The loan secured by Alamance Crossing matured in July 2021 and had a balance of $ as of December 31, 2021. Of the $420,213 of scheduled principal payments in 2022, $365,953 relates to the maturing principal balances of six operating Property loans.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Shareholders' Equity	NOTE 11. SHAREHOLDERS’ EQUITY Common Stock and Common Units Partners in the Operating Partnership hold their ownership through common units of limited partnership interest, hereinafter referred to as "common units." A common unit and a share of CBL's common stock have essentially the same economic characteristics, as they effectively participate equally in the net income and distributions of the Operating Partnership. For each share of common stock issued by CBL, the Operating Partnership has issued a corresponding number of common units to CBL in exchange for the proceeds from the stock issuance. On the Effective Date, by operation of the Plan, all agreements, instruments, and other documents evidencing, relating to or connected with any equity interests of the Company, including (1) CBL’s old common stock, par value $0.01 per share, and CBL’s old preferred stock and related depositary shares and (2) the Operating Partnership’s old limited partnership common interests and the old limited partnership preferred interests related to CBL’s old preferred stock, in each case issued and outstanding immediately prior to the Effective Date, and any rights of any holder in respect thereof, were deemed cancelled, discharged and of no force or effect. On the Effective Date, (1) CBL issued (i) 1,089,717 shares of new common stock to (a) existing holders of the old common stock and (b) certain of the existing holders of the old limited partnership common interests that have elected to receive shares of new common stock in exchange for old limited partnership common interests, (ii) 1,100,000 shares of new common stock to existing holders of the old preferred stock, (iii) 15,685,714 shares of new common stock to existing holders of the Notes and other general unsecured claims, and (iv) 2,114,286 shares of new common stock to existing holders of consenting crossholder claims and (2) the Operating Partnership cancelled all of its old limited partnership common interests and issued 200,000 new common units of general partnership interests, 19,789,717 new common units of limited partnership interest to subsidiaries of CBL and 10,283 new common units of limited partner interests to certain of the existing holders of old limited partnership common interests that have elected to remain limited partners in the Operating Partnership. On the Effective Date, CBL had an aggregate of 20,000,000 shares of new common stock issued and outstanding (on a fully diluted basis after giving effect to any future election to exchange all new limited partnership interests for new common stock). On November 2, 2021, the newly issued common stock of the reorganized company commenced trading on the NYSE under the symbol CBL. The Successor Company's authorized common stock consists of 200,000,000 shares at $0.001 par value per share. The Successor Company had 20,774,716 shares of common stock issued and outstanding as of December 31, 2021. Each limited partner in the Operating Partnership has the right to exchange all or a portion of its common units for shares of CBL's common stock, or at the Company's election, their cash equivalent. When an exchange for common stock occurs, the Company assumes the limited partner's common units in the Operating Partnership. The number of shares of common stock received by a limited partner of the Operating Partnership upon exercise of its exchange rights will be equal, on a one-for-one basis, to the number of common units exchanged by the limited partner. If the Company elects to pay cash, the amount of cash paid by the Operating Partnership to redeem the limited partner's common units will be based on the five-day trailing average of the trading price, at the time of exchange, of the shares of common stock that would otherwise have been received by the limited partner in the exchange. Neither the common units nor the shares of CBL's common stock are subject to any right of mandatory redemption. Dividends CBL paid a first quarter 2019 cash dividend on its common stock of $0.075 per share on April 16, 2019. Under the terms of a litigation settlement agreement, the Company did not pay any dividends to holders of its common shares payable in the third and fourth quarters of 2019. In December 2019 the Predecessor Company suspended all future dividends on its common stock and preferred stock, as well as distributions to all noncontrolling interest investors in its Operating Partnership (as noted below). The decision to declare and pay dividends on the Successor Company’s common stock in the future, as well as the timing, amount and composition of any such future dividends, will be at the sole discretion of its board of directors. For purposes of determining net income (loss) attributable to common shareholders, the P redecessor Company disclosed the cumulation of undeclared dividends on its Series D Preferred Stock and Series E Preferred Stock. The undeclared dividends on the P redecessor Company’s Series D Preferred Stock and Series E Preferred Stock ceased to cumulate as of November 1, 2020 as a result of the Chapter 11 Cases . The allocations of dividends declared and paid for income tax purposes are as follows (income tax allocations are not applicable in 2021 or 2020 due to the Company not paying any dividends in those years): Year Ended December 31, 2019 Dividends declared: Common stock $ 0.15 Series D preferred stock $ 13.83 Series E preferred stock $ 12.42 Allocations: Common stock Ordinary income — % Capital gains 25% rate — % Return of capital 100.00 % Total 100.00 % Preferred stock (1) Ordinary income — % Capital gains 25% rate — % Return of capital 100.00 % Total 100.00 % (1) The allocations for income tax purposes are the same for each series of preferred stock for each period presented.

Redeemable Interests and Noncon

Redeemable Interests and Noncontrolling Interests	12 Months Ended
	Dec. 31, 2021
Redeemable Noncontrolling Interests And Noncontrolling Interests [Abstract]
Redeemable Interests and Noncontrolling Interests	NOTE 12. REDEEMABLE INTERESTS AND NONCONTROLLING INTERESTS Redeemable Noncontrolling Interests and Noncontrolling Interests of the Company Partnership Interests in the Operating Partnership that Are Not Owned by the Company As noted above, on the Effective Date, the Operating Partnership cancelled all its old limited partnership common interests and issued 200,000 new common units of general partnership interests, 19,789,717 new common units of limited partnership interest to subsidiaries of CBL and 10,283 new common units of limited partnership interests to certain of the existing holders of old limited partnership common interests that have elected to remain limited partners in the Operating Partnership. The common units that the Company does not own are reflected in the Company's consolidated balance sheets as redeemable noncontrolling interest and noncontrolling interests in the Operating Partnership. Redeemable Noncontrolling Interests and Noncontrolling Interests of the Company Outstanding rights to convert redeemable noncontrolling interests and noncontrolling interests in the Operating Partnership to common stock were held by the following parties at December 31, 2021 and 2020: Successor Predecessor December 31, December 31, 2021 2020 Third parties 10,283 5,117,856 The assets and liabilities allocated to the Operating Partnership’s redeemable noncontrolling interest and noncontrolling interests are based on their ownership percentages of the Operating Partnership at December 31, 2021 and 2020. The ownership percentages are determined by dividing the number of common units held by each of the redeemable noncontrolling interest and the noncontrolling interests at December 31, 2021 and 2020 by the total common units outstanding at December 31, 2021 and 2020, respectively. There was no redeemable noncontrolling interest ownership in assets and liabilities of the Successor Operating Partnership at December 31, 2021. The redeemable noncontrolling interest ownership percentage in assets and liabilities of the Predecessor Operating Partnership was 0.8% at December 31, 2020. The noncontrolling interest ownership percentage in assets and liabilities of the Successor Operating Partnership was 0.01% at December 31, 2021. The noncontrolling interest ownership percentage in assets and liabilities of the Predecessor Operating Partnership was 1.8% at December 31, 2020. Income is allocated to the Operating Partnership’s redeemable noncontrolling interest and noncontrolling interests based on their weighted-average ownership during the year. The ownership percentages are determined by dividing the weighted-average number of common units held by each of the redeemable noncontrolling interest and noncontrolling interests by the total weighted-average number of common units outstanding during the year. A change in the number of shares of common stock or common units changes the percentage ownership of all partners of the Operating Partnership. A common unit is considered to be equivalent to a share of common stock since it generally is exchangeable for shares of the Company’s common stock or, at the Company’s election, their cash equivalent. As a result, an allocation is made between redeemable noncontrolling interests, shareholders’ equity and noncontrolling interests in the Operating Partnership in the Successor Company's and the Predecessor Company’s accompanying balance sheets to reflect the change in ownership of the Operating Partnership’s underlying equity when there is a change in the number of shares and/or common units outstanding. During the period from January 1, 2021 through October 31, 2021, and the years ended December 31, 2020 and 2019, the Predecessor Company allocated $6, $302 and $3,398, respectively, from shareholders’ equity to redeemable noncontrolling interest. During the period from January 1, 2021 through October 31, 2021, and the years ended December 31, 2020 and 2019 the Predecessor Company allocated $865, $6,002 and $4,392, respectively, from shareholders' equity to noncontrolling interest. The total noncontrolling interest in the Successor Operating Partnership was $282 at December 31, 2021. The total noncontrolling interest in the Predecessor Operating Partnership was $(604) at December 31, 2020. The total redeemable noncontrolling interest in the Predecessor Operating Partnership was $(265) at December 31, 2020. Noncontrolling Interests in Other Consolidated Subsidiaries The Successor Company and the Predecessor Company had 12 other consolidated subsidiaries at December 31, 2021 and 2020, respectively, that had noncontrolling interests held by third parties and for which the related partnership agreements either do not include redemption provisions or are subject to redemption provisions that do not require classification outside of permanent equity. The total noncontrolling interests in other consolidated subsidiaries of the Successor Company was $4,618 at December 31, 2021. The total noncontrolling interests in other consolidated subsidiaries of the Predecessor Company was $3,058 at December 31, 2020. The assets and liabilities allocated to noncontrolling interests in other consolidated subsidiaries of the Successor Company and the Predecessor Company are based on the third parties’ ownership percentages in each subsidiary at December 31, 2021 and 2020, respectively. Income is allocated to noncontrolling interests in other consolidated subsidiaries based on the third parties’ weighted-average ownership in each subsidiary during the year. Variable Interest Entities (VIE) In accordance with the guidance in ASU 2015-02, Amendments to the Consolidation Analysis Interests Held Through Related Parties That Are under Common Control The Company consolidates the Operating Partnership, which is a VIE, for which the Company is the primary beneficiary. The Company, through the Operating Partnership, consolidates all VIEs for which it is the primary beneficiary. Generally, a VIE is a legal entity in which the equity investors do not have the characteristics of a controlling financial interest or the equity investors lack sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. A limited partnership is considered a VIE when the majority of the limited partners unrelated to the general partner possess neither the right to remove the general partner without cause, nor certain rights to participate in the decisions that most significantly affect the financial results of the partnership. In determining whether the Company is the primary beneficiary of a VIE, the Company considers qualitative and quantitative factors, including, but not limited to: which activities most significantly impact the VIE’s economic performance and which party controls such activities; the amount and characteristics of the Company's investment; the obligation or likelihood for the Company or other investors to provide financial support; and the similarity with and significance to the Company's business activities and the business activities of the other investors. The table below lists the Successor Company's and the Predecessor Company’s consolidated VIEs as of December 31, 2021 and 2020, respectively, which do not reflect the elimination of any internal debt the consolidated VIE has with the Operating Partnership: Successor Predecessor As of December 31, As of December 31, 2021 2020 Assets Liabilities (1) Assets Liabilities (1) Consolidated VIEs: Atlanta Outlet Outparcels, LLC $ 831 $ — $ 851 $ — CBL Terrace LP 15,339 12,626 14,608 12,578 Gettysburg Outlet Center Holding, LLC 15,308 18,776 33,199 38,334 Gettysburg Outlet Center, LLC 3,062 — 7,737 — Jarnigan Road LP 19,699 1,336 17,974 572 Jarnigan Road II, LLC 20,652 16,578 22,623 17,134 Laredo Outlet JV, LLC 25,542 26,121 44,378 43,788 Lebcon Associates 98,151 96,138 46,692 116,085 Lebcon I, Ltd 12,938 8,645 8,305 8,672 Louisville Outlet Outparcels, LLC 539 — 173 — The Promenade at D'Iberville 49,401 51,603 75,975 48,964 Statesboro Crossing, LLC 803 — 227 — $ 262,265 $ 231,823 $ 272,742 $ 286,127 ( 1 ) As of December 31, 2020, includes $40,600 related to Laredo Outlet JV, LLC, which was guaranteed by the Predecessor Operating Partnership. In September 2021, the loan secured by The Outlet Shoppes at Laredo was amended and the guaranty was removed. Also, due to the filing of the Chapter 11 Cases, the loan held by Gettysburg Outlet Center Holding, LLC became guaranteed by the Operating Partnership, and amounts to $35,804 and $36,774, excluding debt discounts, as of December 31, 2021 and 2020, respectively. The table below lists the Company's unconsolidated VIEs as of December 31, 2021 (Successor): Unconsolidated VIEs: Investment in Real Estate Joint Ventures and Partnerships Maximum Risk of Loss Ambassador Infrastructure, LLC (1) $ — $ 8,250 Asheville Mall CMBS, LLC — — Atlanta Outlet JV, LLC (1) 881 5,352 CBL-T/C, LLC — — EastGate Mall CMBS, LLC — — El Paso Outlet Center Holding, LLC 1,278 1,278 Fremaux Town Center JV, LLC — — Louisville Outlet Shoppes, LLC (1) — 8,097 Mall of South Carolina L.P. 1,123 1,123 Mall of South Carolina Outparcel L.P. 6,919 6,919 Shoppes at Eagle Point, LLC (1) 20,933 33,673 Vision - CBL Hamilton Place, LLC 2,340 2,340 $ 33,474 $ 67,032 (1) See Note 16 for information on guarantees of debt.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Segment Information	NOTE 13. SEGMENT INFORMATION The Company measures performance and allocates resources according to property type, which is determined based on certain criteria such as type of tenants, capital requirements, economic risks, leasing terms, and short- and long-term returns on capital. Rental income and tenant reimbursements from tenant leases provide the majority of revenues from all segments. The accounting policies of the reportable segments are the same as those described in Note 4 . Information on the Company’s reportable segments is presented as follows: For the Period from November 1, 2021 through December 31, 2021 (Successor) Malls (1) All Other (2) Total Revenues (3) $ 95,057 $ 13,789 $ 108,846 Property operating expenses (4) (29,801 ) (2,636 ) (32,437 ) Interest expense (181,300 ) (14,188 ) (195,488 ) Gain (loss) on sales of real estate assets 20 (23 ) (3 ) Other expense — (3 ) (3 ) Segment loss $ (116,024 ) $ (3,061 ) (119,085 ) Depreciation and amortization (49,504 ) General and administrative expense (9,175 ) Litigation settlement 118 Interest and other income 510 Gain on deconsolidation 19,126 Reorganization items (1,403 ) Income tax benefit 5,885 Equity in earnings of unconsolidated affiliates 797 Net loss $ (152,731 ) Total assets $ 1,961,061 $ 984,918 $ 2,945,979 Capital expenditures (5) $ 3,415 $ 1,368 $ 4,783 For the Period from January 1, 2021 through October 31, 2021 (Predecessor) Malls (1) All Other (2) Total Revenues (3) $ 411,280 $ 56,749 $ 468,029 Property operating expenses (4) (143,018 ) (12,991 ) (156,009 ) Interest expense (70,275 ) (2,140 ) (72,415 ) Gain on sales of real estate assets 6,063 6,124 12,187 Other expense (65 ) (680 ) (745 ) Segment profit $ 203,985 $ 47,062 251,047 Depreciation and amortization (158,574 ) General and administrative expense (43,160 ) Litigation settlement 932 Interest and other income 2,055 Gain on deconsolidation 55,131 Reorganization items, net (435,162 ) Loss on impairment (146,781 ) Income tax provision (1,078 ) Equity in losses of unconsolidated affiliates (10,823 ) Net loss $ (486,413 ) Capital expenditures (5) $ 21,662 $ 8,862 $ 30,524 Year Ended December 31, 2020 (Predecessor) Malls (1) All Other (2) Total Revenues (3) $ 520,643 $ 55,218 $ 575,861 Property operating expenses (4) (177,531 ) (10,348 ) (187,879 ) Interest expense (79,380 ) (121,283 ) (200,663 ) Other expense — (953 ) (953 ) Gain (loss) on sales of real estate assets (25 ) 4,721 4,696 Segment profit (loss) $ 263,707 $ (72,645 ) 191,062 Depreciation and amortization (215,030 ) General and administrative expense (53,425 ) Litigation settlement 7,855 Interest and other income 6,396 Gain on extinguishment of debt 32,521 Reorganization items (35,977 ) Loss on impairment (213,358 ) Prepetition charges (23,883 ) Income tax provision (16,836 ) Equity in losses of unconsolidated affiliates (14,854 ) Net loss $ (335,529 ) Total assets $ 3,702,523 $ 741,217 $ 4,443,740 Capital expenditures (5) $ 36,425 $ 5,683 $ 42,108 Year Ended December 31, 2019 (Predecessor) Malls (1) All Other (2) Total Revenues (3) $ 699,698 $ 68,998 $ 768,696 Property operating expenses (4) (216,771 ) (13,881 ) (230,652 ) Interest expense (86,152 ) (120,109 ) (206,261 ) Other expense — (91 ) (91 ) Gain on sales of real estate assets 1,226 15,048 16,274 Segment profit (loss) $ 398,001 $ (50,035 ) 347,966 Depreciation and amortization (257,746 ) General and administrative expense (64,181 ) Interest and other income 2,764 Litigation settlement (61,754 ) Gain on extinguishment of debt 71,722 Loss on impairment (239,521 ) Gain on investment/deconsolidation 67,242 Income tax provision (3,153 ) Equity in earnings of unconsolidated affiliates 4,940 Net loss $ (131,721 ) Total assets $ 4,180,515 $ 441,831 $ 4,622,346 Capital expenditures (5) $ 130,502 $ 11,057 $ 141,559 (1) The Malls category includes malls, lifestyle centers and outlet centers. ( 2 ) The All Other category includes open-air centers, outparcels, mortgage and other notes receivable, office buildings, self-storage facilities, corporate-level debt and the Management Company. ( 3 ) Management, development and leasing fees are included in All Other category. See Note 5 ( 4 ) Property operating expenses include property operating, real estate taxes and maintenance and repairs. ( 5 ) I nclude s additions to and acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.

Supplemental and Noncash Inform

Supplemental and Noncash Information	12 Months Ended
	Dec. 31, 2021
Supplemental Cash Flow Information [Abstract]
Supplemental and Noncash Information	NOTE 14. SUPPLEMENTAL AND NONCASH INFORMATION The Company’s noncash investing and financing activities for the period from November 1, 2021 to December 31, 2021 (Successor), the period from January 1, 2021 to October 31, 2021 (Predecessor), the year ended December 31, 2020 (Predecessor) and the year ended December 31 2019 (Predecessor) were as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Additions to real estate assets accrued but not yet paid $ 11,108 $ 11,066 $ 5,945 $ 24,642 Deconsolidation upon contribution/assignment of interest in joint venture (1) Decrease in real estate assets — — — (200,343 ) Increase in investment in unconsolidated affiliates — — — 39,708 Decrease in mortgage and other indebtedness — — — 228,627 Increase in operating assets and liabilities — — — 857 Decrease in intangible lease and other assets — — — (4,815 ) Increase in noncontrolling interest and joint venture interest — — — (12,013 ) Deconsolidation upon loss of control (1) Decrease in real estate assets (12,873 ) (84,860 ) — — Decrease in mortgage and other indebtedness 27,733 134,354 — — Decrease in operating assets and liabilities 4,266 5,808 — — Decrease in intangible lease and other assets — (171 ) — — Transfer of real estate assets in settlement of mortgage debt obligations (2) Decrease in real estate assets — — (57,001 ) (60,059 ) Decrease in mortgage and other indebtedness — — 85,371 124,111 Decrease in operating assets and liabilities — — 4,288 9,333 Decrease in intangible lease and other assets — — (137 ) (1,663 ) Conversion of Operating Partnership units to common stock — — 21,163 730 ( 1 ) See Note 9 for more information. (2) See Note 10 for more information.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 15. RELATED PARTY TRANSACTIONS The Management Company provides management, development and leasing services to the Company’s unconsolidated affiliates and other affiliated partnerships. Revenues recognized for these services amounted to $1,136 for the Successor Company for the period November 1, 2021 through December 31, 2021. The Predecessor Company recognized revenues for these services in the amount of $4,965 for the period from January 1, 2021 through October 31, 2021. For the years ended December 31, 2020 and 2019, the Predecessor Company recognized revenues for these services in the amounts of $4,940 and $6,878, respectively.

CONTINGENCIES

CONTINGENCIES	12 Months Ended
	Dec. 31, 2021
Commitments And Contingencies Disclosure [Abstract]
CONTINGENCIES	NOTE 16. CONTINGENCIES Securities Litigation The Company and certain of its officers and directors were named as defendants in three putative securities class action lawsuits (collectively, the “Securities Class Action Litigation”), each filed in the United States District Court for the Eastern District of Tennessee, on behalf of all persons who purchased or otherwise acquired the Company’s securities during a specified period of time. Those cases were consolidated on July 17, 2019, under the caption In re CBL & Associates Properties, Inc. Securities Litigation, 1:19-cv-00149-JRG-CHS, and a consolidated amended complaint was filed on November 5, 2019, seeking to represent a class of purchasers from July 29, 2014 through March 26, 2019. The operative complaint filed in the Securities Class Action Litigation alleges violations of the securities laws, including, among other things, that the defendants made certain materially false and misleading statements and omissions regarding the Company’s contingent liabilities, business, operations, and prospects during the periods of time specified above. The plaintiffs seek compensatory damages and attorneys’ fees and costs, among other relief, but have not specified the amount of damages sought. The defendants moved to dismiss all claims on December 20, 2019, and that motion remains pending. On November 2, 2021, the defendants filed a proposed supplemental motion to dismiss brief, arguing that the Company should be dismissed as a defendant in the case because the Plan and related confirmation order discharge any claims against the Company and enjoin the plaintiffs from taking any further action against the Company. The proposed supplemental motion to dismiss brief also argued that the operative complaint fails to state a viable claim against any individual defendant. The outcome of these legal proceedings cannot be predicted with certainty. After the Company’s emergence from bankruptcy, this matter was returned to the court’s active docket . Certain of the Company’s current and former directors and officers were named as defendants in nine shareholder derivative lawsuits (collectively, the “Derivative Litigation”). On June 4, 2019, a shareholder filed a putative derivative complaint captioned Robert Garfield v. Stephen D. Lebovitz et al., 1:19-cv-01038-LPS, in the United States District Court for the District of Delaware (the “Garfield Derivative Action”), purportedly on behalf of the Company against certain of its officers and directors. On June 24, 2019, September 5, 2019 and September 25, 2019, respectively, other shareholders filed three additional putative derivative complaints, each in the United States District Court for the District of Delaware, captioned as follows: Robert Cohen v. Stephen D. Lebovitz et al., 1:19-cv-01185-LPS (the “Cohen Derivative Action”); Travis Lore v. Stephen D. Lebovitz et al., 1:19-cv-01665-LPS (the “Lore Derivative Action”), and City of Gainesville Cons. Police Officers’ and Firefighters Retirement Plan v. Stephen D. Lebovitz et al., 1:19-cv-01800 (the “Gainesville Derivative Action”), each asserting substantially similar claims purportedly on behalf of the Company against similar defendants. The Court consolidated the Garfield Derivative Action and the Cohen Derivative Action on July 17, 2019, under the caption In re CBL & Associates Properties, Inc. Derivative Litigation, 1:19-cv-01038-LPS (the "Consolidated Derivative Action"). On July 25, 2019, the Court stayed proceedings in the Consolidated Derivative Action pending resolution of an eventual motion to dismiss in the Securities Class Action Litigation. On October 14, 2019, the parties to the Gainesville Derivative Action and the Lore Derivative Action filed a joint stipulation and proposed order confirming that each of those cases is subject to the consolidation order previously entered by the Court in the Consolidated Derivative Action and that further proceedings in those cases are stayed pending resolution of an eventual motion to dismiss in the Securities Class Action Litigation. On July 22, 2019, a shareholder filed a putative derivative complaint captioned Shebitz v. Lebovitz et al., 1:19-cv-00213, in the United States District Court for the Eastern District of Tennessee (the “Shebitz Derivative Action”); on January 10, 2020, a shareholder filed a putative derivative complaint captioned Chatman v. Lebovitz, et al., 2020-0011-JTL, in the Delaware Chancery Court (the “Chatman Derivative Action”); on February 12, 2020, a shareholder filed a putative derivative complaint captioned Kurup v. Lebovitz, et al., 2020-0070-JTL, in the Delaware Chancery Court (the “Kurup Derivative Action”); on February 26, 2020, a shareholder filed a putative derivative complaint captioned Kemmer v. Lebovitz, et al., 1:20-cv-00052, in the United States District Court for the Eastern District of Tennessee (the “Kemmer Derivative Action”); and on April 14, 2020, a shareholder filed a putative derivative complaint captioned Hebig v. Lebovitz, et al., 1:19-cv-00149-JRG-CHS, in the United States District Court for the Eastern District of Tennessee (the “Hebig Derivative Action”), each asserting substantially similar claims purportedly on behalf of the Company against similar defendants. After the Company’s emergence from bankruptcy, the cases were returned to their respective courts’ active dockets, and thereafter, all cases have been voluntarily dismissed due to the releases of further liability for such claims as provided by the Company’s approved bankruptcy plan. Regarding the Securities Class Action Litigation, the Company's insurance carriers remain on notice of these matters. The Company is currently involved in certain other litigation that arises in the ordinary course of business, most of which is expected to be covered by liability insurance. Management makes assumptions and estimates concerning the likelihood and amount of any potential loss relating to these matters using the latest information available. The Company records a liability for litigation if an unfavorable outcome is probable and the amount of loss or range of loss can be reasonably estimated. If an unfavorable outcome is probable and a reasonable estimate of the loss is a range, the Company accrues the best estimate within the range. If no amount within the range is a better estimate than any other amount, the Company accrues the minimum amount within the range. If an unfavorable outcome is probable but the amount of the loss cannot be reasonably estimated, the Company discloses the nature of the litigation and indicates that an estimate of the loss or range of loss cannot be made. If an unfavorable outcome is reasonably possible and the estimated loss is material, the Company discloses the nature and estimate of the possible loss of the litigation. Based on current expectations, such matters, both individually and in the aggregate, are not expected to have a material adverse effect on the liquidity, results of operations, business or financial condition of the Company. Environmental Contingencies The Company evaluates potential loss contingencies related to environmental matters using the same criteria described above related to litigation matters. Based on current information, an unfavorable outcome concerning such environmental matters, both individually and in the aggregate, is considered to be reasonably possible. However, the Company believes its maximum potential exposure to loss would not be material to its results of operations or financial condition. The Company has a master insurance policy that provides coverage through 2022 for certain environmental claims up to $10,000 per occurrence and up to $50,000 in the aggregate, subject to deductibles and certain exclusions. At certain locations, individual policies are in place. Guarantees The Operating Partnership may guaranty the debt of a joint venture primarily because it allows the joint venture to obtain funding at a lower cost than could be obtained otherwise. This results in a higher return for the joint venture on its investment, and a higher return on the Operating Partnership's investment in the joint venture. The Operating Partnership may receive a fee from the joint venture for providing the guaranty. Additionally, when the Operating Partnership issues a guaranty, the terms of the joint venture agreement typically provide that the Operating Partnership may receive indemnification from the joint venture or have the ability to increase its ownership interest. The guarantees expire upon repayment of the debt, unless noted otherwise. The following table represents the Operating Partnership's guarantees of unconsolidated affiliates' debt as reflected in the Successor Company’s accompanying consolidated balance sheets as of December 31, 2021 and as reflected in the Predecessor Company’s accompanying consolidated balance sheets as of December 31, 2020: Successor Predecessor As of December 31, 2021 Obligation recorded to reflect guaranty 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) December 31, 2021 December 31, 2020 West Melbourne I, LLC - Phase I 50% $ 39,017 50% $ 19,509 Feb-2025 (2) $ 195 $ 201 West Melbourne I, LLC - Phase II 50% 13,893 50% 6,947 Feb-2025 (2) 69 72 Port Orange I, LLC 50% 51,548 50% 25,774 Feb-2025 (2) 258 266 Ambassador Infrastructure, LLC 65% 8,250 100% 8,250 Mar-2025 83 94 Shoppes at Eagle Point, LLC 50% 33,884 35% (3) 12,740 Oct-2022 127 127 EastGate Storage, LLC (4) —% — —% — N/A — 33 Self Storage at Mid Rivers, LLC (4) —% — —% — N/A — 30 Parkdale Self Storage, LLC (4) —% — —% — N/A — 65 Hamilton Place Self Storage, LLC (4) —% — —% — N/A — 35 Atlanta Outlet JV, LLC 50% 4,471 100% 4,471 Nov-2023 — — Louisville Outlet Shoppes, LLC 50% 8,097 100% 8,097 Oct-2022 — — Total guaranty liability $ 732 $ 923 (1) Excludes any extension options. (2) These loans have a one-year ( 3 ) The guaranty is for a fixed amount of $12,740 throughout the term of the loan. ( 4 ) In December 2021, the property secured by the loan was sold. Proceeds from the transaction were used to pay off the outstanding amount of the loan. See Note 9 for additional information. For the period from November 1, 2021 through December 31, 2021, the Successor Company evaluated each guarantee, listed in the table above, individually by looking at the debt service ratio, cash flow forecasts, the performance of each loan. The result of the analysis was that each loan is current. The Successor Company did not record a credit loss related to these guarantees for the period from November 1, 2021 through December 31, 2021. For the period from January 1, 2021 through October 31, 2021 and for the year ended December 31, 2020, the Predecessor Company evaluated each guarantee, listed in the table above, individually by looking at the debt service ratio, cash flow forecasts, the performance of each loan and, where applicable, the collateral value in relation to the outstanding amount of the loan. The result of the analysis was that each loan is current, performing and, where applicable, the collateral value was greater than the outstanding amount of the loan. The Predecessor Company did not record a credit loss related to these guarantees as of December 31, 2020.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 17. FAIR VALUE MEASUREMENTS The Company has categorized its financial assets and financial liabilities that are recorded at fair value into a hierarchy in accordance with ASC 820, Fair Value Measurements and Disclosure Level 1 - Inputs represent quoted prices in active markets for identical assets and liabilities as of the measurement date. Level 2 - Inputs, other than those included in Level 1, represent observable measurements for similar instruments in active markets, or identical or similar instruments in markets that are not active, and observable measurements or market data for instruments with substantially the full term of the asset or liability. Level 3 - Inputs represent unobservable measurements, supported by little, if any, market activity, and require considerable assumptions that are significant to the fair value of the asset or liability. Market valuations must often be determined using discounted cash flow methodologies, pricing models or similar techniques based on the Company’s assumptions and best judgment. The asset or liability's fair value within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Under ASC 820, fair value measurements are determined based on the assumptions that market participants would use in pricing the asset or liability in an orderly transaction at the measurement date and under current market conditions. Valuation techniques used maximize the use of observable inputs and minimize the use of unobservable inputs and consider assumptions such as inherent risk, transfer restrictions and risk of nonperformance. Fair Value Measurements on a Recurring Basis The carrying values of cash and cash equivalents, receivables, accounts payable and accrued liabilities are reasonable estimates of their fair values because of the short-term nature of these financial instruments. The estimated fair value of mortgage and other indebtedness was $2,059,094 and $1,091,745 at December 31, 2021 and 2020, respectively. The estimated fair value of liabilities subject to compromise was $1,606,959 as of December 31, 2020. The fair value was calculated using Level 2 inputs by discounting future cash flows for mortgage and other indebtedness using estimated market rates at which similar loans would be made currently. The Successor Company elected the fair value option in conjunction with the issuance of its Secured Notes. It believes that the fair value option provides the most accurate depiction of the current value of its Secured Notes. The following table sets forth information regarding the Successor’s Secured Notes that were measured at fair value: Debt Instrument Carrying amount as of December 31, 2021 Change in fair value (1) Fair value as of December 31, 2021 (2) 10% Senior Secured Notes $ 395,000 $ 395 $ 395,395 (1) As of December 31, 2021, the change in fair value is included within “Interest Expense” in the Successor Company’s consolidated income statement. ( 2 ) The fair value was calculated using Level 1 inputs. During the year ended December 31, 2021, the Company continued to reinvest in U.S. Treasury securities. The Company designated the U.S. Treasury securities purchased as available-for-sale (“AFS”). The following table sets forth information regarding the Company’s AFS securities that were measure at fair value: AFS Security Amortized Cost (1) Allowance for credit losses (2) Total unrealized gain Fair value as of December 31, 2021 U.S. Treasury securities $ 149,999 $ — $ (3 ) $ 149,996 (1) The U.S. Treasury securities have maturities through February 2022 Note 20 ( 2 ) U.S Treasury securities have a long history with no credit losses. Additionally, the Company notes that U.S Treasury securities are explicitly fully guaranteed by a sovereign entity that can print its own currency and that the sovereign entity’s currency is routinely held by central banks and other major financial institutions, is used in international commerce, and commonly viewed as a reserve currency, all of which qualitatively indicate that historical credit loss information should be minimally affected by current conditions and reasonable and supportable forecasts. Therefore, the Successor Company did not record expected credit losses for its U.S Treasury securities for the period from November 1, 2021 through December 31, 2021 and the Predecessor Company did not record expected credit losses for its U.S. Treasury securities for the period from January 1, 2021 through October 31, 2021. During March 2020, the Predecessor Company purchased U.S. Treasury securities that were scheduled to mature between April 2021 and June 2021. The Company designated these securities as AFS. The fair value of these securities was calculated based on quoted market prices in active markets and are included in the Level 1 fair value hierarchy. The Company believes the market for U.S. Treasury securities is an actively traded market given the high level of daily trading volume. In December 2020, the Predecessor Company purchased additional U.S Treasury securities. The U.S. Treasury securities purchased in December 2020 matured between January 2021 and March 2021, and the Company subsequently reinvested in additional U.S. Treasury securities. The Company has also designated these as AFS. The following table sets forth information regarding the Predecessor Company’s AFS securities that were measured at fair value for the year ended December 31, 2020: AFS Security Amortized Cost Allowance for credit losses (1) Total unrealized gain Fair value as of December 31, 2020 U.S. Treasury securities $ 233,053 $ — $ 18 $ 233,071 (1) U.S Treasury securities have a long history with no credit losses. Additionally, the Company notes that U.S Treasury securities are explicitly fully guaranteed by a sovereign entity that can print its own currency and that the sovereign entity’s currency is routinely held by central banks and other major financial institutions, is used in international commerce, and commonly viewed as a reserve currency, all of which qualitatively indicate that historical credit loss information should be minimally affected by current conditions and reasonable and supportable forecasts. Therefore, the Predecessor Company did not record expected credit losses for its U.S Treasury securities for the year ended December 31, 2020. Fair Value Measurements on a Nonrecurring Basis The Company measures the fair value of certain long-lived assets on a nonrecurring basis, through quarterly impairment testing or when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. The Company’s evaluation of the recoverability of long-lived assets involves the comparison of undiscounted future cash flows expected to be generated by each property over the Company’s expected remaining holding period to the respective carrying amount. The determination of whether the carrying value is recoverable also requires management to make estimates related to probability weighted scenarios impacting undiscounted cash flow models. The Company considers both quantitative and qualitative factors in its impairment analysis of long-lived assets. Significant quantitative factors include historical and forecasted information for each Property such as net operating income, occupancy statistics and sales levels. Significant qualitative factors used include market conditions, age and condition of the Property and tenant mix. The quantitative and qualitative factors impact the selection of the terminal capitalization rate which is used in both an undiscounted and discounted cash flow model and the discount rate used in a discounted cash flow model. Due to the significant unobservable estimates and assumptions used in the valuation of long-lived assets that experience impairment, the Company classifies such long-lived assets under Level 3 in the fair value hierarchy. Level 3 inputs primarily consist of sales and market data, independent valuations and discounted cash flow models. See below for a description of the estimates and assumptions the Company used in its impairment analysis. See Note 4 for additional information describing the Company's impairment review process. See Note 3 for information regarding the fair value adjustments associated with Fresh Start Accounting. The following table sets forth information regarding the Predecessor Company’s assets that were measured at fair value on a nonrecurring basis and related impairment charges for the period from January 1, 2021 through October 31, 2021 and the year ended December 31, 2020, respectively: Fair Value Measurements at Reporting Date Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Loss on Impairment Period from January 1, 2021 through October 31, 2021 Long-lived assets $ 120,290 $ — $ — $ 120,290 $ 146,781 Year Ended December 31, 2020 Long-lived assets $ 268,830 $ — $ — $ 268,830 $ 213,358 Long-lived Assets Measured at Fair Value in 2021 During the period from January 1, 2021 through October 31, 2021, the Predecessor Company recognized impairments of real estate of $146,781 related to five malls, a redeveloped anchor parcel, an outlet center, an open-air center, an outparcel and vacant land. The Properties were classified for segment reporting purposes as listed below. See Note 13 for segment information. Impairment Date Property Location Segment Classification Loss on Impairment Fair Value March Eastland Mall (1) Bloomington, IL Malls $ 13,243 $ 10,700 March Old Hickory Mall (2) Jackson, TN Malls 20,149 12,400 March Stroud Mall (3) Stroudsburg, PA Malls 23,790 15,400 July The Landing at Arbor Place - Outparcel (4) Douglasville, GA All Other 1,682 590 September Laurel Park Place (5) Livonia, MI Malls 14,267 9,800 September Parkdale Mall and Crossing (6) Beaumont, TX Malls/All Other 47,211 50,500 October The Outlet Shoppes at Gettysburg (7) Gettysburg, PA Malls 21,470 16,660 October Vacant land (8) El Centro, CA All Other 4,969 4,240 $ 146,781 $ 120,290 (1) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $10,700. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Eastland Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 14.0% and a discount rate of 15.0%. (2) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $12,400. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Old Hickory Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 13.0% and a discount rate of 14.0%. (3) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $15,400. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Stroud Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 11.75% and a discount rate of 12.5%. (4) In July 2021, the Predecessor Company sold an outparcel at The Landing at Arbor Place. Sales proceeds amounted to $590, which resulted in a loss on sale. (5) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $9,800. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Laurel Park Place using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 11.5% and a discount rate of 13.0%. (6) In accordance with the Company’s quarterly impairment process, the Predecessor Company wrote down the book value of the mall, a redeveloped anchor parcel and an open-air center adjacent to the mall to their aggregate estimated fair value of $50,500. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for the mall and open-air center (excluding the redeveloped anchor parcel) based on Management’s assessment that there was an increased likelihood that the loan secured by the mall and open-air center may not be successfully restructured or refinanced. Management determined the fair value of Parkdale Mall, Parkdale Crossing and Parkdale Anchor using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a weighted-average capitalization rate of 12.3% and a weighted-average discount rate of 14.2%. (7) In accordance with the Company’s quarterly impairment process, the Predecessor Company wrote down the book value of the outlet center to its estimated fair value of $16,660. The outlet center had experienced a decline in cash flow due to store closures and rent reductions. Management determined the fair value of The Shoppes of Gettysburg using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years , with a sale at the end of the holding period, a capitalization rate of 11.0 % and a discount rate of 12.0 %. (8) In accordance with the Company’s quarterly impairment process, the Predecessor Company wrote down the book value of land to its estimated fair value of $4,240. The Company evaluated comparable land parcel transactions and determined that $4,240 was the land’s estimated fair value. During the period from November 1, 2021 through December 31, 2021, the Successor Company adjusted the negative equity in EastGate Mall to zero upon deconsolidation, which represents the estimated fair value of the Successor Company’s investment in that property. During the period from January 1, 2021 through October 31, 2021, the Predecessor Company adjusted the combined negative equity in Asheville Mall and Park Plaza to zero upon deconsolidation, which represents the estimated fair values of the Company’s investments in these properties. See Note 9 for additional information. Long-lived Assets Measured at Fair Value in 2020 During the year ended December 31, 2020, the Predecessor Company recognized impairments of real estate of $213,358 related to six malls and one vacant land parcel. The Properties were classified for segment reporting purposes as listed below (see section below for information on outparcels). See Note 13 for segment information. Impairment Date Property Location Segment Classification Loss on Impairment Fair Value March Burnsville Center (1) Burnsville, MN Malls $ 26,562 $ 47,300 March Monroeville Mall (2) Pittsburgh, PA Malls 107,082 67,000 June Asheville Mall (3) Asheville, NC Malls 13,274 52,600 July Vacant land Pittsburgh, PA Malls 46 — December EastGate Mall (4) Cincinnati, OH Malls 5,980 16,530 December Greenbrier Mall (5) Chesapeake, VA Malls 8,923 42,500 December The Outlet Shoppes at Laredo (6) Laredo, TX Malls 51,491 42,900 $ 213,358 $ 268,830 (1) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $47,300. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Burnsville Center using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 14.5% and a discount rate of 15.5%. (2) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $67,000. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Monroeville Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 14.0% and a discount rate of 14.5%. (3) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $52,600. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Asheville Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 13.25% and a discount rate of 14.0%. ( 4 ) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $16,530. The mall had experienced a decline in cash flows due to store closures and rent reductions. The Predecessor Company expects to convey the property to the lender. Management determined the fair value of EastGate Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 17.0% and a discount rate of 18.0%. ( 5 ) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $42,500. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Greenbrier Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 12.5% and a discount rate of 13.0% . ( 6 ) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $42,900. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of The Outlet Shoppes at Laredo using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 8.5% and a discount rate of 9.0% . Long-lived As sets Measured at Fair Value in 201 9 During the year ended December 31, 2019, the Company recognized impairments of real estate of $239,521 primarily related to six malls and an open-air center . Note 13 for segment information. Impairment Date Property Location Segment Classification Loss on Impairment Fair Value March Greenbrier Mall (1) Chesapeake, VA Malls $ 22,770 $ 56,300 March/April Honey Creek Mall (2) Terre Haute, IN Malls 2,045 — June The Forum at Grandview (3) Madison, MS All Other 8,582 — June EastGate Mall (4) Cincinnati, OH Malls 33,265 25,100 September Mid Rivers Mall (5) St. Peters, MO Malls 83,621 53,340 September Laurel Park Place (6) Livonia, MI Malls 52,067 26,000 December Park Plaza Mall (7) Little Rock, AR Malls 37,400 39,000 January/March Other adjustments (8) Various Malls (229 ) — $ 239,521 $ 199,740 (1) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $56,300. The mall has experienced a decline in cash flows due to store closures and rent reductions. Additionally, one anchor was vacant as of the date of impairment. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Greenbrier Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 11.5% and a discount rate of 11.5%. (2) The Predecessor Company adjusted the book value of the mall to the net sales price of $14,360 based on a signed contract with a third-party buyer, adjusted to reflect estimated disposition costs. The mall was sold in April 2019. See Note 8 (3) The Predecessor Company adjusted the book value to the net sales price of $31,559 Note 8 (4) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $25,100. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of EastGate Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 14.5% and a discount rate of 15.0%. (5) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $53,340. The mall has experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Mid Rivers Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 12.5% and a discount rate of 13.25%. (6) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $26,000. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Laurel Park Place using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 13.5% and a discount rate of 14.0%. (7) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $39,000. The mall had experienced a decline of NOI due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Park Plaza Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 13.0% and a discount rate of 14.0%. (8) Related to true-ups of estimated expenses to actual expenses for properties sold in prior periods.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2021
Share Based Compensation [Abstract]
Share-based Compensation	NOTE 18. SHARE-BASED COMPENSATION Successor Company 2021 Equity Incentive Plan Following the Effective Date, the board of directors of the Successor Company adopted the EIP. The EIP authorizes the grant of equity awards to eligible participants based on the new common stock, in the form of stock options, stock appreciation rights, restricted stock, restricted stock units and other equity awards. Awards under the EIP may be granted to officers, employees, directors, consultants and independent contractors of the reorganized company. Initially, 3,222,222 shares of new common stock are available under the EIP. The initial new common stock under the EIP is subject to an annual increase of a number of shares equal to 3% of the number of shares of new common stock issued and outstanding at the end of the relevant calendar year (beginning January 2023), or such lesser amount as the board of directors may determine. The Plan will be administered by the compensation committee of the board of directors, which will determine the participants who will be granted awards under the EIP and the terms and conditions of EIP awards. In accordance with the provisions of ASU 2016-09, which are designed to simplify the accounting for share-based payments transactions, the Successor Company elected to account for forfeitures of share-based payments as they occur rather than estimating them in advance. Restricted Stock Awards Effective December 15, 2021, the compensation committee of the board of directors of the Successor Company approved grants of new restricted stock awards related to the Company’s recent emergence from Chapter 11 reorganization, pursuant to the EIP, to its non-employee directors and its officers. The restricted stock awards granted to the Successor Company’s executive officers vest over a four-year three-year one-year January 2023 Compensation expense is recognized on a straight-line basis over the requisite service period. The share-based compensation cost related to the restricted stock awards was $299 for the Successor period from November 1, 2021 through December 31, 2021. Share-based compensation cost resulting from share-based awards is recorded at the Management Company, which is a taxable entity. A summary of the status of the Successor Company’s nonvested restricted stock awards as of December 31, 2021, and changes during the period from November 1, 2021 through December 31, 2021, are presented below: Shares Weighted- Average Grant-Date Fair Value Per Share Granted 784,999 $ 27.57 Nonvested at December 31, 2021 784,999 $ 27.57 The weighted-average grant-date fair value of shares granted during the Successor period from November 1, 2021 through December 31, 2021 was $21,642. No shares vested during the period from November 1, 2021 through December 31, 2021. As of December 31, 2021, there was $ 21,344 of total unrecognized compensation cost related to nonvested restricted stock awards granted under the EIP, which is expected to be recognized over a weighted-average period of 3.7 years Performance Stock Units Subsequent to December 31, 2021, the Successor Company issued 550,000 performance stock units (“PSUs”). See Note 20 for additional information. Predecessor Company Prior to the Effective Date, the Restricted Stock Awards Under the 2012 Plan, common stock could be awarded either alone, in addition to, or in tandem with other granted stock awards. The Committee had the authority to determine eligible persons to whom common stock will be awarded, the number of shares to be awarded and the duration of the vesting period, as defined. Generally, an award of common stock vested either immediately at grant or in equal installments over a period of five years. Stock awarded to independent directors was fully vested upon grant; however, the independent directors could not transfer such shares during their board term. The Committee could also provide for the issuance of common stock under the 2012 Plan on a deferred basis pursuant to deferred compensation arrangements. The fair value of common stock awarded under the 2012 Plan was determined based on the market price of CBL’s common stock on the grant date and the related compensation expense was recognized over the vesting period on a straight-line basis. As of the Effective Date and pursuant to the Plan, nonvested restricted stock of the Predecessor Company was deemed vested and the Company’s 2012 Stock Incentive Plan, as amended (the “2012 Plan”), pursuant to which such restricted stock had been granted, was terminated. A summary of the Predecessor Company’s restricted stock awards as of October 31, 2021, and changes during the period from January 1, 2021 through October 31, 2021, are presented below: Shares Weighted- Average Grant-Date Fair Value Per Share Nonvested at January 1, 2021 1,519,774 $ 2.15 Vested (1,490,751 ) $ 2.14 Forfeited (29,023 ) $ 2.73 Nonvested at October 31, 2021 — $ — In conjunction with the vesting of the restricted stock on the Effective Date, the Predecessor Company accelerated the share-based compensation cost and recorded $863 of share-based compensation cost for the period from January 1, 2021 through October 31, 2021. The share-based compensation cost related to the restricted stock awards of the Predecessor Company was $2,239 and $3,396 for 2020 and 2019, respectively. Share-based compensation cost resulting from share-based awards is recorded at the Management Company, which is a taxable entity. Share-based compensation cost capitalized as part of real estate assets was $10 for the period from January 1, 2021 through October 31, 2021. Share-based compensation cost capitalized as part of real estate assets was $20 and $66 in 2020 and 2019, respectively. The weighted-average grant-date fair value per share of shares granted during 2020 and 2019 was $0.86 and $2.20, respectively. The total fair value of shares vested during 2021, 2020 and 2019 was $220, $951 and $3,869, respectively. Long-Term Incentive Program In 2015, the Company adopted a long-term incentive program ("LTIP") for its named executive officers, which consisted of PSUs awards and annual restricted stock awards, that could be issued under the 2012 Plan. The number of shares related to the PSU awards that each named executive officer could receive upon the conclusion of a three-year performance period was determined based on the Company's achievement of specified levels of long-term total stockholder return ("TSR") performance relative to the National Association of Real Estate Investment Trusts ("NAREIT") Retail Index, provided that at least a "Threshold" level must be attained for any shares to be earned. Beginning with the 2018 PSUs, two-thirds of the quantitative portion of the award over the performance period wa s based on the achievement of TSR relative to the NAREIT Retail Index while the remaining one-third wa s based on the achievement of absolute TSR metrics for the Company. Beginning with the 2018 PSU grant, to maintain compliance with a 200,000 share annual equity grant limit (the “Section 162(m) Grant Limit”) that was included in the 2012 Plan to satisfy the “qualified performance-based compensation” exception to the deduction limits for certain executive compensation under Section 162(m) of the Code, to the extent that a grant of PSUs could result in the issuance of a number of shares of common stock at the conclusion of the performance period that, when coupled with the number of shares of time-vesting restricted stock granted in the same year the PSUs were granted, would exceed such limit, any such excess w ould be converted to a cash bonus award with a value equivalent to the number of shares of common stock constituting such excess times the average of the high and low trading prices reported for CBL's common stock on the date such shares would otherwise have been issuable. In conjunction with the February 2020 approval of the 2020 LTIP grants for the named executive officers, the 2012 Stock Incentive Plan was amended to remove the Section 162(m) Grant Limit, which no longer served its original purpose because the “qualified performance-based compensation” exception to the Section 162(m) deduction limits was repealed by the 2017 tax reform legislation. However, NYSE rules also include an annual equity grant limit which effectively limits the number of shares that can be subject to stock awards to any individual named executive officer, without additional shareholder approval, to one percent (1%) of the total number of outstanding shares of the Company’s Common Stock (the “NYSE Annual Grant Limit”). To maintain NYSE compliance following elimination of the Section 162(m) Grant Limit, the Company’s Compensation Committee revised PSU awards under the LTIP, beginning in 2020, to provide that if a grant of PSUs could result in the issuance of a number of shares to a named executive officer at the conclusion of the 3-year performance period that would exceed the NYSE Annual Grant Limit, when coupled with the number of shares subject to other stock awards (e.g., the time-vesting restricted stock component of the LTIP) issued in the same year that such PSUs were issued, any such excess will instead be converted to a cash bonus award, while remaining subject to vesting conditions as described below. Annual Restricted Stock Awards Under the LTIP, annual restricted stock awards consisted of shares of time-vested restricted stock awarded based on a qualitative evaluation of the performance of the Company and the named executive officer during the fiscal year. Annual restricted stock awards under the LTIP, which are included in the totals reflected in the preceding table, vested 25% on the date of grant with the remainder vesting in three equal annual installments. Outstanding restricted stock, and related grant/vesting/forfeiture activity during the Predecessor period from January 1, 2021, through October 31, 2021 for awards made to named executive officers under the LTIP, is included in the information presented in the table above. Performance Stock Units The Predecessor Company granted the following PSUs in the first quarter of the respective years. A summary of PSU activity as of October 31, 2021, and changes during the period from January 1, 2021 through October 31, 2021, is presented below: PSUs Weighted-Average Grant Date Fair Value 2019 PSUs granted (1) 1,103,537 $ 2.40 2020 PSUs granted (2) 3,408,083 $ 0.84 2020 PSUs cancelled (3) (3,408,083 ) $ 0.84 Outstanding at January 1, 2021 1,103,537 $ 2.40 2019 PSUs cancelled (4) (1,103,537 ) $ 2.40 Outstanding at October 31, 2021 — $ — (1) Includes 566,862 shares classified as a liability due to the potential cash component. (2) Includes 1,247,098 shares classified as a liability due to the potential cash component. (3) In connection with the restructuring and support agreement, dated as of August 18, 2020, by and between the Predecessor Company and the Consenting Noteholders, the 2020 PSUs were cancelled. (4) As of the Effective Date and pursuant to the Plan, all outstanding PSUs of the Predecessor Company were deemed cancelled. Compensation cost was recognized on a tranche-by-tranche basis using the accelerated attribution method. The resulting expense was recorded regardless of whether any PSU awards were earned as long as the required service period was met. Share-based compensation expense related to the PSUs was $315 for the period from January 1, 2021 through October 31, 2021. Share-based compensation expense related to the PSUs was $3,185 and $1,564 in 2020 and 2019, respectively. Share-based compensation expense in 2020 included $ 2,052 of expense related to the cancellation of the 2020 PSUs. The following table summarizes the assumptions used in the Monte Carlo simulation pricing model related to the Predecessor Company’s PSUs: 2020 PSUs 2019 PSUs Grant date February 10, 2020 February 11, 2019 Fair value per share on valuation date (1) $ 0.84 $ 4.74 Risk-free interest rate (2) 1.39 % 2.54 % Expected share price volatility (3) 57.98 % 60.99 % (1) The value of the PSU awards is estimated on the date of grant using a Monte Carlo simulation model. The valuation consists of computing the fair value using CBL's simulated stock price as well as TSR over a three-year ( 2 ) The risk-free interest rate was based on the yield curve on zero-coupon U.S. Treasury securities in effect as of the valuation date, which is the respective grant date listed above. ( 3 ) The computation of expected volatility was based on a blend of the historical volatility of CBL's shares of common stock based on annualized daily total continuous returns over a five-year period for the 2020 PSUs and a three-year period for the 2019 PSUs and implied volatility data based on the trailing month average of daily implied volatilities implied by stock call option contracts that were both closest to the terms shown and closest to the money.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2021
Compensation And Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 19. EMPLOYEE BENEFIT PLANS 401(k) Plan The Management Company maintains a 401(k) profit sharing plan, which is qualified under Section 401(a) and Section 401(k) of the Code to cover employees of the Management Company. All employees who have attained the age of 21 and have completed at least two months of service are eligible to participate in the plan. The plan provides for employer matching contributions on behalf of each participant equal to 50% of the portion of such participant’s contribution that does not exceed 2.5% of such participant’s annual gross salary for the plan year. Additionally, the Management Company has the discretion to make additional profit-sharing-type contributions not related to participant elective contributions. Total contributions by the Management Company for the Successor period from November 1, 2021 through December 31, 2021 were $97. Total contributions by the Management Company for the Predecessor period January 1, 2021 through October 31, 2021 were $658. For the Predecessor years ended December 31, 2020 and 2019, total contributions by the Management Company were $650 and $921, respectively.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	NOTE 20. SUBSEQUENT EVENTS Prior to December 31, 2021, the Company announced that HoldCo II exercised its optional exchange right with respect to all of the $150,000 aggregate principal amount of the Exchangeable Notes. The exchange date was January 28, 2022, and settlement occurred on February 1, 2022. Per the terms of the indenture governing the Exchangeable Notes, HoldCo II elected to settle the exchange in shares of the Successor Company’s common stock, par value $0.001, plus cash in lieu of fractional shares. As a result, on February 1, 2022, the Company issued 10,982,795 shares of common stock to holders of the Exchangeable Notes in satisfaction of principal, accrued interest and the makewhole payment, and all of the Exchangeable Notes were cancelled in accordance with the terms of the indenture. In February 2022, the loan secured by Fayette Mall was modified to reduce the fixed interest rate to 4.25% and extend the maturity date through May 2023 one-year In February 2022, the Company used funds from its matured U.S. Treasury securities to purchase $149,936 in U.S. Treasury securities with maturities through May 2022 In February 2022, the Company issued 550,000 PSUs to four of its five named executive officers. The PSUs are earned over a four-year In February 2022, we entered into a forbearance agreement with the lender regarding the default triggered by the Chapter 11 Cases related to the loan secured by The Outlet Shoppes at Atlanta. In March 2022, the loan secured by Cross Creek Mall was extended through May 2022. The Company remains in discussions with the lender regarding an extension. As of December 31, 2021, the loan had an outstanding balance of $ 102,264 . In March 2022, the Company deconsolidated Greenbrier Mall as a result of the Company losing control when the property was placed in receivership. As of December 31, 2021, the loan secured by Greenbrier Mall had an outstanding balance of $61,647. In March 2022, we entered into a $30,000 non-recourse mortgage note payable, secured by York Town Center, that provides for a three-year In March 2022, we entered into a forbearance agreement with the lender regarding the default triggered by the Chapter 11 Cases related to the loan secured by Fremaux Town Center.

Schedule III - REAL ESTATE ASSE

Schedule III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION	12 Months Ended
	Dec. 31, 2021
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Schedule III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION	Schedule III CBL & ASSOCIATES PROPERTIES, INC. CBL & ASSOCIATES LIMITED PARTNERSHIP REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION At December 31, 2021 (In thousands) Initial Cost (1) Gross Amounts at Which Carried at Close of Period Description /Location Encumbrances (2) Land Buildings and Improvements Costs Capitalized Subsequent to Acquisition Sales of Outparcel Land Fresh Start Adjustments Land Buildings and Improvements Total (3) Accumulated Depreciation (4) Date of Construction / Acquisition MALLS: Alamance Crossing Burlington, NC $ 42,522 $ 20,853 $ 62,852 $ 39,674 $ (3,962 ) $ (96,897 ) $ 9,603 $ 12,917 $ 22,520 $ (248 ) 2007 Arbor Place Atlanta (Douglasville), GA 101,771 8,508 95,088 26,699 — (89,396 ) 3,050 37,849 40,899 (643 ) 1998-1999 Brookfield Square Brookfield, WI 27,461 8,996 78,533 103,064 (5,208 ) (146,235 ) 11,476 27,674 39,150 (561 ) 2001 CherryVale Mall Rockford, IL — (5) 11,892 64,117 56,299 (1,667 ) (113,543 ) 5,360 11,738 17,098 (431 ) 2001 Cross Creek Mall Fayetteville, NC 102,264 19,155 104,378 37,268 — (55,694 ) 4,372 100,735 105,107 (1,440 ) 2003 Dakota Square Mall Minot, ND — 4,552 87,625 24,609 — (96,630 ) 5,179 14,977 20,156 (217 ) 2012 East Towne Mall Madison, WI — (5) 4,496 63,867 63,706 (909 ) (123,012 ) 4,413 3,735 8,148 (175 ) 2002 Eastland Mall Bloomington, IL — 5,746 75,893 (71,318 ) (753 ) (5,600 ) 1,921 2,047 3,968 (68 ) 2005 Fayette Mall Lexington, KY 135,134 25,205 84,256 106,519 — (87,361 ) 11,204 117,415 128,619 (1,156 ) 2001 Frontier Mall Cheyenne, WY — (5) 2,681 15,858 21,003 (83 ) (31,588 ) 3,714 4,157 7,871 (109 ) 1984-1985 Greenbrier Mall Chesapeake, VA 61,647 3,181 107,355 (68,172 ) (626 ) (22,404 ) 4,952 14,382 19,334 (299 ) 2004 Hamilton Place Chattanooga, TN 96,244 3,532 42,619 49,835 (2,384 ) (35,984 ) 9,640 47,978 57,618 (645 ) 1986-1987 Hanes Mall Winston-Salem, NC — (5) 17,176 133,376 49,231 (1,767 ) (147,963 ) 13,968 36,085 50,053 (540 ) 2001 Harford Mall Bel Air, MD — 8,699 45,704 17,747 — (65,736 ) 4,581 1,833 6,414 (69 ) 2003 Imperial Valley Mall El Centro, CA — (5) 35,378 71,753 2,339 — (92,019 ) 4,810 12,641 17,451 (287 ) 2012 Jefferson Mall Louisville, KY 58,654 13,125 40,234 27,655 (521 ) (70,099 ) 4,625 5,769 10,394 (227 ) 2001 Kirkwood Mall Bismarck, ND — (5) 3,368 118,945 30,525 — (126,278 ) 8,091 18,469 26,560 (266 ) 2012 Laurel Park Place Livonia, MI — 13,289 92,579 (97,681 ) — (3,630 ) 751 3,806 4,557 (118 ) 2005 Layton Hills Mall Layton, UT — (5) 20,464 99,836 (13,665 ) (1,165 ) (74,968 ) 10,261 20,241 30,502 (213 ) 2005 Mall del Norte Laredo, TX — (5) 21,734 142,049 56,976 (149 ) (148,232 ) 13,875 58,503 72,378 (686 ) 2004 Schedule III CBL & ASSOCIATES PROPERTIES, INC. CBL & ASSOCIATES LIMITED PARTNERSHIP REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION At December 31, 2021 (In thousands) Initial Cost (1) Gross Amounts at Which Carried at Close of Period Description /Location Encumbrances (2) Land Buildings and Improvements Costs Capitalized Subsequent to Acquisition Sales of Outparcel Land Fresh Start Adjustments Land Buildings and Improvements Total (3) Accumulated Depreciation (4) Date of Construction / Acquisition Mayfaire Town Center Wilmington, NC — (5) 26,333 101,087 20,287 — (107,804 ) 7,321 32,582 39,903 (525 ) 2015 Meridian Mall Lansing, MI — 2,797 103,678 61,873 — (150,764 ) 8,573 9,011 17,584 (269 ) 1998 Mid Rivers Mall St. Peters, MO — 16,384 170,582 (136,279 ) (4,174 ) (27,787 ) 9,191 9,535 18,726 (275 ) 2007 Monroeville Mall Pittsburgh, PA — 22,911 177,214 (139,044 ) — (36,624 ) 12,378 12,079 24,457 (278 ) 2004 Northgate Mall Chattanooga, TN — (5) 2,330 8,960 24,216 (492 ) (23,815 ) 3,413 7,786 11,199 (122 ) 2011 Northpark Mall Joplin, MO — 9,977 65,481 39,393 — (99,164 ) 7,084 8,603 15,687 (237 ) 2004 Northwoods Mall North Charleston, SC 60,709 14,867 49,647 29,176 (2,339 ) (52,958 ) 9,402 28,991 38,393 (582 ) 2001 Old Hickory Mall Jackson, TN — 15,527 29,413 (32,577 ) (362 ) (9,431 ) 800 1,770 2,570 (95 ) 2001 The Outlet Shoppes at Gettysburg Gettysburg, PA 35,804 20,779 22,180 (30,268 ) — (47 ) 7,822 4,822 12,644 (165 ) 2012 The Outlet Shoppes at Laredo Laredo, TX 39,450 11,000 97,353 (66,186 ) — (26,318 ) 3,741 12,108 15,849 (119 ) 2017 Parkdale Mall and Crossing Beaumont, TX 69,460 23,850 47,390 (25,472 ) (874 ) (21,769 ) 11,521 11,604 23,125 (314 ) 2001 Parkway Place Huntsville, AL — 6,364 67,067 5,932 — (43,144 ) 9,428 26,791 36,219 (427 ) 2010 Pearland Town Center Pearland, TX — (5) 16,300 108,615 24,467 (857 ) (106,531 ) 16,896 25,098 41,994 (395 ) 2008 Post Oak Mall College Station, TX — (5) 3,936 48,948 16,630 (327 ) (52,738 ) 6,206 10,243 16,449 (204 ) 1984-1985 Richland Mall Waco, TX — (5) 9,874 34,793 24,077 (1,225 ) (44,167 ) 8,793 14,559 23,352 (280 ) 2002 South County Center St. Louis, MO — 15,754 159,249 3,184 — (160,681 ) 11,165 6,341 17,506 (294 ) 2007 Southaven Towne Center Southaven, MS — (5) 8,255 29,380 8,013 — (27,929 ) 10,163 7,556 17,719 (155 ) 2005 Southpark Mall Colonial Heights, VA 55,567 9,501 73,262 30,740 — (102,613 ) 4,193 6,697 10,890 (126 ) 2003 St. Clair Square Fairview Heights, IL — 11,027 75,620 34,739 — (82,113 ) 7,511 31,762 39,273 (505 ) 1996 Stroud Mall Stroudsburg, PA — 14,711 23,936 (24,571 ) — (5,698 ) 2,942 5,436 8,378 (134 ) 1998 Sunrise Mall Brownsville, TX — (5) 11,156 59,047 14,230 — (45,064 ) 14,999 24,370 39,369 (627 ) 2003 Turtle Creek Mall Hattiesburg, MS — (5) 2,345 26,418 17,793 — (26,937 ) 3,977 15,642 19,619 (343 ) 1993-1995 Valley View Mall Roanoke, VA — (5) 15,985 77,771 23,984 — (89,309 ) 9,499 18,932 28,431 (392 ) 2003 Schedule III CBL & ASSOCIATES PROPERTIES, INC. CBL & ASSOCIATES LIMITED PARTNERSHIP REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION At December 31, 2021 (In thousands) Initial Cost (1) Gross Amounts at Which Carried at Close of Period Description /Location Encumbrances (2) Land Buildings and Improvements Costs Capitalized Subsequent to Acquisition Sales of Outparcel Land Fresh Start Adjustments Land Buildings and Improvements Total (3) Accumulated Depreciation (4) Date of Construction / Acquisition Volusia Mall Daytona Beach, FL 43,641 2,526 120,242 21,923 — (128,334 ) 11,300 5,057 16,357 (179 ) 2004 West Towne Mall Madison, WI — (5) 8,912 83,084 43,758 — (84,533 ) 14,623 36,598 51,221 (566 ) 2002 WestGate Mall Spartanburg, SC 30,322 2,149 23,257 49,700 (432 ) (68,403 ) 3,553 2,718 6,271 (70 ) 1995 Westmoreland Mall Greensburg, PA — (5) 4,621 84,215 35,006 (1,240 ) (107,620 ) 6,389 8,593 14,982 (382 ) 2002 York Galleria York, PA — 5,757 63,316 23,626 — (84,499 ) 1,767 6,433 8,200 (228 ) 1995 OTHER PROPERTIES: 840 Greenbrier Circle Chesapeake, VA — 2,096 3,091 1,152 — (1,626 ) 1,387 3,326 4,713 (29 ) 2007 Annex at Monroeville Pittsburgh, PA — — 29,496 1,626 — (25,862 ) 1,454 3,806 5,260 (266 ) 2004 CBL Center Chattanooga, TN 15,320 1,332 24,675 1,382 — (17,030 ) 3,081 7,278 10,359 (73 ) 2001 CBL Center II Chattanooga, TN — 22 13,648 791 — (9,880 ) 965 3,616 4,581 (60 ) 2008 CoolSprings Crossing Nashville, TN — 2,803 14,985 (3,161 ) — (10,291 ) 2,969 1,367 4,336 (33 ) 1991-1993 Courtyard at Hickory Hollow Nashville, TN — 3,314 2,771 472 (231 ) (1,180 ) 1,844 3,302 5,146 (32 ) 1998 Frontier Square Cheyenne, WY — 346 684 592 (86 ) 612 904 1,244 2,148 (16 ) 1985 Gunbarrel Pointe Chattanooga, TN — 4,170 10,874 3,659 — (5,974 ) 8,099 4,630 12,729 (50 ) 2000 Hamilton Corner Chattanooga, TN — 630 5,532 8,646 — (2,368 ) 4,981 7,459 12,440 (69 ) 1986-1987 Hamilton Crossing Chattanooga, TN 7,868 4,014 5,906 6,942 (1,370 ) (5,551 ) 5,300 4,641 9,941 (49 ) 1987 Harford Annex Bel Air, MD — 3,117 9,718 1,015 — (2,430 ) 3,117 8,303 11,420 (62 ) 2003 The Landing at Arbor Place Atlanta (Douglasville), GA — 7,238 14,330 1,245 (2,242 ) (18,627 ) 757 1,187 1,944 (41 ) 1998-1999 Layton Convenience Center Layton, UT (5) — (5) — 8 4,160 — 1,947 3,576 2,539 6,115 (53 ) 2005 Layton Hills Plaza Layton, UT — (5) — 2 1,049 — 1,243 826 1,468 2,294 (21 ) 2005 Pearland Office Pearland, TX — (5) — 7,849 2,611 — (3,210 ) — 7,250 7,250 (114 ) 2009 The Plaza at Fayette Lexington, KY — 9,531 27,646 1,215 — (28,520 ) 2,527 7,345 9,872 (187 ) 2006 Schedule III CBL & ASSOCIATES PROPERTIES, INC. CBL & ASSOCIATES LIMITED PARTNERSHIP REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION At December 31, 2021 (In thousands) Initial Cost (1) Gross Amounts at Which Carried at Close of Period Description /Location Encumbrances (2) Land Buildings and Improvements Costs Capitalized Subsequent to Acquisition Sales of Outparcel Land Fresh Start Adjustments Land Buildings and Improvements Total (3) Accumulated Depreciation (4) Date of Construction / Acquisition The Promenade D'lberville D'lberville, MS — 16,278 48,806 28,639 (706 ) (53,513 ) 8,728 30,776 39,504 (509 ) 2009 The Shoppes at Hamilton Place Chattanooga, TN — 4,894 11,700 2,230 — (8,575 ) 2,748 7,501 10,249 (117 ) 2003 The Shoppes at St. Clair Square Fairview Heights, IL — 8,250 23,623 910 (5,044 ) (19,688 ) 2,783 5,268 8,051 (78 ) 2007 Sunrise Commons Brownsville, TX — 1,013 7,525 1,726 — (2,845 ) 3,504 3,915 7,419 (39 ) 2003 The Terrace Chattanooga, TN — 4,166 9,929 7,995 — (9,404 ) 8,982 3,704 12,686 (49 ) 1997 West Towne Crossing Madison, WI — 1,784 2,955 7,307 — 4,227 5,831 10,442 16,273 (84 ) 1998 WestGate Crossing Spartanburg, SC — 1,082 3,422 7,891 — (5,426 ) 2,047 4,922 6,969 (56 ) 1997 Westmoreland Crossing Greensburg, PA — (5) 2,898 21,167 9,237 — (23,389 ) 3,119 6,794 9,913 (301 ) 2002 OUTPARCELS: — Outparcel properties — 40,600 24,545 (6,246 ) — 5,937 59,694 5,142 64,836 (56 ) Various DISPOSITIONS: Asheville Mall Asheville, NC — 7,139 58,386 (64,720 ) (805 ) — — — — — 1998 EastGate Mall Cincinnati, OH — 13,046 44,949 (56,445 ) (1,017 ) (533 ) — — — — 2001 Hickory Point Mall (Forsyth) Decatur, IL — 10,731 31,728 (42,459 ) — — — — — 2005 Park Plaza Little Rock, AR — 6,297 81,638 (87,935 ) — — — — — — 2004 Pearland Residential Pearland, TX — — 9,666 (9,666 ) — — — — — 2008 Other — 37,357 89,966 44,983 — 8,472 99,564 81,214 180,778 (807 ) Various Developments in progress consisting of construction and Development Properties — — — 16,665 — — — 16,665 16,665 — TOTALS $ 983,838 $ 762,106 $ 4,299,342 $ 454,171 $ (43,017 ) $ (3,683,547 ) $ 599,283 $ 1,189,772 $ 1,789,055 $ (19,937 ) (1) Initial cost represents the total cost capitalized including carrying cost at the end of the first fiscal year in which the Property opened or was acquired. (2) Encumbrances represent the outstanding balance of the mortgage and other indebtedness balance at December 31, 2021, excluding debt discounts, if applicable. Properties that do not have an amount in this column and that are not designated by footnote (3) as being encumbered by the exit credit agreement are encumbered by the senior secured notes. (3) The aggregate cost of land and buildings and improvements for federal income tax purposes is approximately $6.729 billion. (4) Depreciation for all Properties is computed over the useful life which is generally 30 - 40 years for buildings, 10 - 20 years for certain improvements and 5 - 10 years for equipment and fixtures. ( 5 ) Encumbered by the exit credit agreement. Schedule III CBL & ASSOCIATES PROPERTIES, INC. CBL & ASSOCIATES LIMITED PARTNERSHIP REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION At December 31, 2021 (In thousands) The changes in real estate assets and accumulated depreciation for the years ending December 31, 2021, 2020, and 2019 are set forth below (in thousands): Successor Predecessor As of December 31, As of October 31, As of December 31, 2021 2021 2020 2019 REAL ESTATE ASSETS: Balance at beginning of period $ 1,797,332 $ 5,859,113 $ 6,411,400 $ 7,278,608 Additions during the period: Additions and improvements 5,599 31,278 36,337 129,923 Acquisitions of real estate assets — — — 5,700 Deductions during the period: Disposals, deconsolidations and accumulated depreciation on impairments (13,876 ) (250,136 ) (377,165 ) (786,889 ) Fresh start accounting adjustments — (3,683,547 ) — — Transfers to (from) real estate assets — (11,209 ) 332 22,573 Impairment of real estate assets — (148,167 ) (211,791 ) (238,515 ) Balance at end of period $ 1,789,055 $ 1,797,332 $ 5,859,113 $ 6,411,400 ACCUMULATED DEPRECIATION: Balance at beginning of period $ — $ 2,241,421 $ 2,349,404 $ 2,493,082 Depreciation expense 20,543 152,973 205,671 241,631 Fresh start accounting adjustments — (2,252,275 ) — — Accumulated depreciation on real estate assets sold, retired, deconsolidated or impaired (606 ) (142,119 ) (313,654 ) (385,309 ) Balance at end of period $ 19,937 $ — $ 2,241,421 $ 2,349,404

Schedule IV - MORTGAGE NOTES RE

Schedule IV - MORTGAGE NOTES RECEIVABLE ON REAL ESTATE	12 Months Ended
	Dec. 31, 2021
Mortgage Loans On Real Estate [Abstract]
Schedule IV - MORTGAGE NOTES RECEIVABLE ON REAL ESTATE	Schedule IV CBL & ASSOCIATES PROPERTIES, INC. CBL & ASSOCIATES LIMITED PARTNERSHIP MORTGAGE NOTES RECEIVABLE ON REAL ESTATE At December 31, 2021 (In thousands) The changes in mortgage notes receivable were as follows (in thousands): Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Beginning balance $ — $ 1,100 $ 2,637 $ 4,884 Payments — — (307 ) (2,247 ) Write-Offs — (1,100 ) (1,230 ) — Ending balance $ — $ — $ 1,100 $ 2,637

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the consolidated accounts of the Successor Company and the Predecessor Company, as well as entities in which the Successor Company or the Predecessor Company has a controlling financial interest or entities where the Successor Company or the Predecessor Company is deemed to be the primary beneficiary of a VIE. For entities in which the Successor Company or the Predecessor Company has less than a controlling financial interest or entities where the Company is not deemed to be the primary beneficiary of a VIE, the entities are accounted for using the equity method of accounting. Accordingly, the Successor Company's or the Predecessor Company’s share of the net earnings or losses of these entities is included in consolidated net income (loss). The accompanying consolidated financial statements have been prepared in accordance with GAAP. All intercompany transactions have been eliminated.
Accounting Guidance Adopted and Not Yet Adopted	Accounting Guidance Adopted Description Expected Adoption Date & Application Method Financial Statement Effect and Other Information Accounting Standards Update (“ASU”) 2020-06, Debt-Debt with Conversion and Other Options November 1, 2021 - Prospective The guidance eliminates several of the accounting models for exchangeable debt which results in fewer embedded option features being separately recognized from the host instrument. For the exchangeable option to be recognized the embedded exchangeable feature must not be clearly and closely related to the host instrument, meet the definition of a derivative, and not qualify for a scope exception to the derivative accounting guidance, or the exchangeable debt instrument must be issued with a substantial premium. In regard to the Exchangeable Notes, the Successor Company has determined the conversion feature will not be separately recognized but will remain embedded in the exchangeable debt and amortized as part of the host instrument. The adoption of this guidance did not have a material impact on the Successor Company’s consolidated financial statements or disclosures. Accounting Guidance Not Yet Adopted Description Financial Statement Effect and Other Information ASU 2020-04, Reference Rate Reform On March 12, 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting
Real Estate Assets	Real Estate Assets The Company capitalizes predevelopment project costs paid to third parties. All previously capitalized predevelopment costs are expensed when it is no longer probable that the project will be completed. Once development of a project commences, all direct costs incurred to construct the project, including interest and real estate taxes, are capitalized. Additionally, certain general and administrative expenses are allocated to the projects and capitalized based on the amount of time applicable personnel work on the development project. Ordinary repairs and maintenance are expensed as incurred. Major replacements and improvements are capitalized and depreciated over their estimated useful lives. All real estate assets acquired prior to the Effective Date have been accounted for using the acquisition method of accounting and accordingly, the results of operations are included in the consolidated statements of operations from the respective dates of acquisition. The Company allocates the purchase price to (i) tangible assets, consisting of land, buildings and improvements, as if vacant, and tenant improvements, and (ii) identifiable intangible assets and liabilities, generally consisting of above-market leases, in-place leases and tenant relationships, which are included in intangible lease assets and other assets, and below-market leases, which are included in accounts payable and accrued liabilities. The Company uses estimates of fair value based on estimated cash flows, using appropriate discount rates, and other valuation techniques to allocate the purchase price to the acquired tangible and intangible assets. Liabilities assumed generally consist of mortgage debt on the real estate assets acquired. Assumed debt is recorded at its fair value based on estimated market interest rates at the date of acquisition. The Successor Company expects its future acquisitions will be accounted for as acquisitions of assets in which related transaction costs will be capitalized. Depreciation is computed on a straight-line basis over estimated lives of 30 years for buildings, 10 to 20 years for certain improvements and 5 to 10 years for equipment and fixtures. Tenant improvements are capitalized and depreciated on a straight-line basis over the term of the related lease. Lease-related intangibles from acquisitions of real estate assets are generally amortized over the remaining terms of the related leases. The amortization of above- and below-market leases is recorded as an adjustment to rental revenue, while the amortization of all other lease-related intangibles is recorded as amortization expense. Any difference between the face value of the debt assumed and its fair value is amortized to interest expense over the remaining term of the debt using the effective interest method. The Successor Company’s and the Predecessor Company’s intangibles and their balance sheet classifications as of December 31, 2021 and 2020, respectively, are summarized as follows: Successor Predecessor December 31, 2021 December 31, 2020 Cost Accumulated Amortization Cost Accumulated Amortization Intangible lease assets and other assets: Above-market leases $ 244,575 $ (10,289 ) $ 18,416 $ (16,395 ) In-place leases 412,683 (27,979 ) 59,472 (53,790 ) Tenant relationships 86 — 34,630 (7,909 ) Accounts payable and accrued liabilities: Below-market leases 158,300 (6,429 ) 42,274 (36,224 ) These intangibles are related to specific tenant leases. Should a termination occur earlier than the date indicated in the lease, the related unamortized intangible assets or liabilities, if any, related to the lease are recorded as expense or income, as applicable. The total net amortization expense of the above intangibles for the Successor Company for the period from November 1, 2021 through December 21, 2021 was $32,164. The total net amortization expense of the above intangibles for the Predecessor Company for the period from January 1, 2021 through October 31, 2021 was $1,195. The total net amortization expense of the above intangibles for the Predecessor Company for the years ended December 31, 2020 and 2019 was $1,460 and $4,506, respectively. The estimated total net amortization expense for the next five succeeding years is $150,606 in 2022, $104,777 in 2023, $69,285 in 2024, $45,037 in 2025 and $28,199 in 2026. The Successor Company capitalized interest expense of $216 during the period from November 1, 2021 through December 31, 2021. The Predecessor Company did not capitalize interest expense during the period from January 1, 2021 through October 31, 2021. Total interest expense capitalized during the Predecessor years ended December 31, 2020 and 2019 was $1,640 and $2,504, respectively.
Accounts Receivable	Accounts Receivable Receivables include amounts billed and currently due from tenants pursuant to lease agreements and receivables attributable to straight-line rents associated with those lease agreements. Individual leases where the collection of rents is in dispute are assessed for collectability based on management’s best estimate of collection considering the anticipated outcome of the dispute. Individual leases that are not in dispute are assessed for collectability and upon the determination that the collection of rents over the remaining lease term is not probable, accounts receivable is reduced as an adjustment to rental revenues. Revenue from leases where collection is deemed to be less than probable is recorded on a cash basis until collectability is determined to be probable. Further, management assesses whether operating lease receivables, at a portfolio level, are appropriately valued based upon an analysis of balances outstanding, historical collection levels and current economic trends. An allowance for the uncollectable portion of the portfolio is recorded as an adjustment to rental revenues. Management’s estimate of the collectability of accounts receivable from tenants is based on the best information available to management at the time of evaluation. The duration of the COVID-19 pandemic and its impact on the Company’s tenants’ ability to pay rents has caused uncertainty in the Company’s ongoing ability to collect rents when due. Considering the potential impact of these uncertainties, management’s collection assessment also took into consideration the type of retailer, billing disputes, lease negotiation status and executed deferral or abatement agreements, as well as recent rent collection experience and tenant bankruptcies based on the best information available to management at the time of evaluation. For the period November 1, 2021 through December 31, 2021, the Successor Company recorded $1,008 associated with uncollectable revenues, which includes $1,717 for straight line rent receivables. For the period from January 1, 2021 through October 31, 2021 the Predecessor Company recorded $5,692 associated with uncollectable revenues, which includes $2,806 for straight line rent receivables. For the year ended December 31, 2020, the Predecessor Company recorded $48,240 associated with uncollectable revenues, which includes $5,603 for straight line rent receivables. The following table sets forth the activity for the Predecessor Company’s allowance for doubtful accounts: Predecessor Year Ended December 31, 2019 Tenant receivables - allowance for doubtful accounts: Balance, beginning of year $ 2,337 Additions in allowance charged to expense — Bad debts charged against allowance (2,337 ) Balance, end of year $ —
Carrying Value of Long-Lived Assets	Carrying Value of Long-Lived Assets The Company monitors events or changes in circumstances that could indicate the carrying value of a long-lived asset may not be recoverable. When indicators of potential impairment are present that suggest that the carrying amounts of a long-lived asset may not be recoverable, the Company assesses the recoverability of the asset by determining whether the asset’s carrying value will be recovered through the estimated undiscounted future cash flows expected from the Company’s probability weighted use of the asset and its eventual disposition. In the event that such undiscounted future cash flows do not exceed the carrying value, the Company adjusts the carrying value of the long-lived asset to its estimated fair value and recognizes an impairment loss. The estimated fair value is calculated based on the following information, in order of preference, depending upon availability: (Level 1) recently quoted market prices, (Level 2) market prices for comparable properties, or (Level 3) the present value of future cash flows, including estimated salvage value. Certain of the Company’s long-lived assets may be carried at more than an amount that could be realized in a current disposition transaction. The Company estimates future operating cash flows, the terminal capitalization rate and the discount rate, among other factors. As these assumptions are subject to economic and market uncertainties, they are difficult to predict and are subject to future events that may alter the assumptions used or management’s estimates of future possible outcomes. Therefore, the future cash flows estimated in the Company’s impairment analyses may not be achieved. See Note 17 for information related to the impairment of long-lived assets in 2021, 2020 and 2019 . For the period from November 1, 2021 through December 31, 2021, the Successor Company did not record any impairment charges. For the period from January 1, 2021 through October 31, 2021, Note 17 for information related to the impairment of long-lived assets in 2021, 2020 and 2019 .
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less as cash equivalents.
Restricted Cash	Restricted Cash Restricted cash of $66,644 for the Successor Company and $59,941 for the Predecessor Company was included in intangible lease assets and other assets at December 31, 2021 and 2020, respectively. As of December 31, 2021 and 2020, restricted cash related to cash held in escrow accounts for insurance, real estate taxes, capital expenditures and tenant allowances as required by the terms of certain mortgage notes payable, as well as amounts related to cash management agreements with the Company’s lenders that are designated for debt service and operating expense obligations.
Investments in Unconsolidated Affiliates	Investments in Unconsolidated Affiliates The Company evaluates its joint venture arrangements to determine whether they should be recorded on a consolidated basis. The percentage of ownership interest in the joint venture, an evaluation of control and whether a VIE exists are all considered in the Company’s consolidation assessment. Initial investments in joint ventures that are in economic substance a capital contribution to the joint venture are recorded in an amount equal to the cash contributed by the Company and the fair value of any real estate contributed. Initial investments in joint ventures that are in economic substance the sale of a portion of the Company’s interest in the real estate are accounted for as a contribution of real estate recorded in an amount equal to the fair value of the ownership interest retained and as a sale of real estate with profit recognized to the extent of the other joint venture partners’ interests in the joint venture. Profit recognition assumes the Company has no commitment to reinvest with respect to the percentage of the real estate sold and the accounting requirements of the full accrual method are met. The Company accounts for its investment in joint ventures where it owns a noncontrolling interest or where it is not the primary beneficiary of a VIE using the equity method of accounting. Under the equity method, the Company’s cost of investment is adjusted for additional contributions to and distributions from the unconsolidated affiliate, as well as its share of equity in the earnings of the unconsolidated affiliate. Generally, distributions of cash flows from operations and capital events are first made to partners to pay cumulative unpaid preferences on unreturned capital balances and then to the partners in accordance with the terms of the joint venture agreements. On a periodic basis, the Company assesses whether there are any indicators that the fair value of the Company's investments in unconsolidated affiliates may be impaired. An investment is impaired only if the Company’s estimate of the fair value of the investment is less than the carrying value of the investment and such decline in value is deemed to be other than temporary. To the extent impairment has occurred, the loss is measured as the excess of the carrying amount of the investment over the estimated fair value of the investment. The Company's estimates of fair value for each investment are based on a number of assumptions that are subject to economic and market uncertainties including, but not limited to, demand for space, competition for tenants, changes in market rental rates, and operating costs. As these factors are difficult to predict and are subject to future events that may alter the Company’s assumptions, the fair values estimated in the impairment analyses may not be realized . For the period from November 1, 2021 through December 31, 2021, no impairment chargers were recorded by the Successor Company. For the period from January 1, 2021 through October 31, 2021, no impairment chargers were recorded by the Predecessor Company. As of December 31, 202 0 and 2019, respectively , no impairment charges were recorded by the Predecessor Company .
Deferred Financing Costs	Deferred Financing Costs During 2020, as a result of the Chapter 11 Cases, unamortized financing costs of $16,779 related to the Predecessor Company's secured credit facility and senior unsecured notes were charged to expense and were recorded as “Reorganization items, net” within the Predecessor Company’s consolidated statements of operations. Unamortized financing costs of $1,568 for the Successor Company and $3,433 for the Predecessor Company were included in mortgage and other indebtedness, net, at December 31, 2021 and 2020, respectively. Deferred financing costs include fees and costs incurred to obtain financing and are amortized on a straight-line basis to interest expense over the terms of the related indebtedness. Amortization expense related to deferred financing costs for the Successor Company for the period November 1, 2021 through December 31, 2021 was $51. Amortization expense related to deferred financing costs for the Predecessor Company for the period from January 1, 2021 through October 31, 2021 was $814. Amortization expense related to deferred financing costs for the Predecessor Company for the years ended December 31, 2020 and 2019 was $5,476 and $7,000, respectively. Accumulated amortization of deferred financing costs was $19 for the Successor Company and $7,354 for the Predecessor Company as of December 31, 2021 and 2020, respectively. See Note 3
Revenue Recognition	Revenue Recognition See Note 5 for a description of the Company's revenue streams.
Gain on Sales of Real Estate Assets	Gain on Sales of Real Estate Assets Gains on the sale of real estate assets, like all non-lease related revenue, are subject to a five-step model requiring that the Company identify the contract with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue upon satisfaction of the performance obligations. In circumstances where the Company contracts to sell a property with material post-sale involvement, such involvement must be accounted for as a separate performance obligation in the contract and a portion of the sales price allocated to each performance obligation. When the post-sale involvement performance obligation is satisfied, the portion of the sales price allocated to it will be recognized as gain on sale of real estate assets. Property dispositions with no continuing involvement will continue to be recognized upon closing of the sale.
Income Taxes	Income Taxes The Company is qualified as a REIT under the provisions of the Internal Revenue Code. To maintain qualification as a REIT, the Company is required to distribute at least 90% of its taxable income to shareholders and meet certain other requirements. As a REIT, the Company is generally not liable for federal corporate income taxes. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to federal and state income taxes on its taxable income at regular corporate tax rates. Even if the Company maintains its qualification as a REIT, the Company may be subject to certain state and local taxes on its income and property, and to federal income and excise taxes on its undistributed income. The Successor Company had state tax expense of $142 for the period from November 1, 2021 through December 31, 2021. State tax expense for the Predecessor Company was $2,992 during the period from January 1, 2021 through October 31, 2021. State tax expense for the Predecessor Company was $2,882 and $3,682 for the year ended December 31, 2020 and 2019, respectively. The Company has also elected taxable REIT subsidiary status for some of its subsidiaries. This enables the Company to receive income and provide services that would otherwise be impermissible for REITs. For these entities, deferred tax assets and liabilities are established for temporary differences between the financial reporting basis and the tax basis of assets and liabilities at the enacted tax rates expected to be in effect when the temporary differences reverse. A valuation allowance for deferred tax assets is provided if the Company believes all or some portion of the deferred tax asset may not be realized. An increase or decrease in the valuation allowance that results from the change in circumstances that causes a change in the Company’s judgment about the realizability of the related deferred tax asset is included in income or expense, as applicable. The Successor and Predecessor Company recorded an income tax provision as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Current tax provision $ (4,968 ) $ (1,078 ) $ (2,278 ) $ (485 ) Deferred tax provision 10,853 — (14,558 ) (2,668 ) Income tax provision $ 5,885 $ (1,078 ) $ (16,836 ) $ (3,153 ) The Successor Company had a net deferred tax asset of $10,853 at December 31, 2021. The net deferred tax asset at December 31, 2021 is included in intangible lease assets and other assets. In 2020, the Predecessor Company recorded a full deferred tax asset valuation allowance of $16,206, which left a balance of zero as a net deferred tax asset at December 31, 2020. As of December 31, 2021, tax years that generally remain subject to examination by the Company’s major tax jurisdictions include 2021, 2020, 2019 and 2018. The Company reports any income tax penalties attributable to its properties as property operating expenses and any corporate-related income tax penalties as general and administrative expenses in its consolidated statements of operations. In addition, any interest incurred on tax assessments is reported as interest expense. The Successor Company incurred nominal interest and penalty amounts during the period from November 1, 2021 through December 31, 2021. The Predecessor Company incurred nominal interest and penalty amounts during the period from January 1, 2021 through October 31, 2021, 2020 and 2019.
Concentration of Credit Risk	Concentration of Credit Risk The Company’s tenants include national, regional and local retailers. Financial instruments that subject the Company to concentrations of credit risk consist primarily of tenant receivables. The Company generally does not obtain collateral or other security to support financial instruments subject to credit risk, but it monitors the credit standing of tenants. The Company derives a substantial portion of its rental income from various national and regional retail companies; however, no single tenant collectively accounted for more than 4.0% of the Successor Company’s and the Predecessor Company’s combined total consolidated revenues in 2021.
Earnings per Share and Earnings per Unit	Earnings per Share Basic earnings per share ("EPS") is computed by dividing net income (loss) attributable to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS assumes the issuance of common stock for all potential dilutive common shares outstanding. The limited partners’ rights to convert their noncontrolling interests in the Operating Partnership into shares of common stock are not dilutive. Performance stock units ("PSUs") are contingently issuable common shares and are included in earnings per share if the effect is dilutive. See Note 18 Note 20
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates.

Organization (Tables)

Organization (Tables)	12 Months Ended
	Dec. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Properties Owned by Operating Partnership	As of December 31, 2021, the Operating Partnership owned interests in the following Properties: Malls (1) Outlet Centers (1) Lifestyle Centers (1) Open-Air Centers (2) Other (2) ( 3 ) Total Consolidated Properties 42 2 4 21 4 73 Unconsolidated Properties ( 4 ) 8 3 1 8 1 21 Total 50 5 5 29 5 94 (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) Included in “All Other” for purposes of segment reporting. ( 3 ) CBL's two consolidated corporate office buildings are included in the Other category. ( 4 ) The Operating Partnership accounts for these investments using the equity method because one or more of the other partners have substantive participating rights.

ORGANIZATION (Tables)_2

ORGANIZATION (Tables)	12 Months Ended
	Dec. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Properties Owned by Operating Partnership	As of December 31, 2021, the Operating Partnership owned interests in the following Properties: Malls (1) Outlet Centers (1) Lifestyle Centers (1) Open-Air Centers (2) Other (2) ( 3 ) Total Consolidated Properties 42 2 4 21 4 73 Unconsolidated Properties ( 4 ) 8 3 1 8 1 21 Total 50 5 5 29 5 94 (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) Included in “All Other” for purposes of segment reporting. ( 3 ) CBL's two consolidated corporate office buildings are included in the Other category. ( 4 ) The Operating Partnership accounts for these investments using the equity method because one or more of the other partners have substantive participating rights.

Fresh Start Accounting (Tables)

Fresh Start Accounting (Tables)	12 Months Ended
	Dec. 31, 2021
Fresh Start Accounting [Abstract]
Reconciliation of Enterprise and Reorganization Value	The following table reconciles the enterprise value to the estimated fair value of the Successor’s common shares as of Enterprise value, less cash $ 2,296,872 Less: Fair value of noncontrolling interest in consolidated subsidiaries (6,087 ) Enterprise value of the Company's interests, less cash 2,290,785 Plus: Cash, cash equivalents and restricted cash 330,282 Less: Fair value of mortgage and other indebtedness (1,678,619 ) Less: Fair value of 10% senior secured notes (395,000 ) Fair value of Successor total shareholders' equity $ 547,448 Shares and units issued upon emergence 20,000,000 Per share value $ 27.37 The following table reconciles the enterprise value to the reorganization value of the Successor’s assets to be allocated to the Company’s individual assets as of the Effective Date Enterprise value, less cash $ 2,296,872 Plus: Cash, cash equivalents and restricted cash 330,282 Plus: Accounts payable and accrued liabilities 335,513 Reorganization value of Successor's assets $ 2,962,667
Summary of Fresh Start Adjustments	The adjustments included in the following fresh start consolidated balance sheet reflect the effects of the transactions contemplated by the Plan and executed by the Company on the Effective Date (reflected in the column “Reorganization Adjustments”), and fair value and other required accounting adjustments resulting from the adoption of fresh start accounting (reflected in the column “Fresh Start Accounting Adjustments”). The explanatory notes provide additional information regarding the adjustments recorded. October 31, 2021 Predecessor Reorganization Adjustments Fresh Start Accounting Adjustments Successor ASSETS (1) Real estate assets: Land $ 625,098 $ — $ (23,083 ) (15) $ 602,015 Buildings and improvements 4,839,923 — (3,660,465 ) (15) 1,179,458 5,465,021 — (3,683,548 ) 1,781,473 Accumulated depreciation (2,252,275 ) — 2,252,275 (15) — 3,212,746 — (1,431,273 ) 1,781,473 Developments in progress 15,858 — — 15,858 Net investment in real estate assets 3,228,604 — (1,431,273 ) 1,797,331 Cash and cash equivalents 498,260 (238,053 ) (1) — 260,207 Receivables: Tenant 70,664 — (49,751 ) (16) 20,913 Other 4,056 1,254 (2) — 5,310 Mortgage and other notes receivable 397 — — 397 Investments in unconsolidated affiliates 246,823 — (124,982 ) (17) 121,841 In-place leases, net 6,895 — 406,635 (18) 413,530 Above market leases, net 3,611 — 241,385 (18) 244,996 Intangible lease assets and other assets 150,784 — (52,642 ) (19) 98,142 $ 4,210,094 $ (236,799 ) $ (1,010,628 ) $ 2,962,667 LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY Mortgage and other indebtedness, net $ 1,016,557 $ 1,032,508 (3) $ (370,446 ) (20) $ 1,678,619 10% senior secured notes - at fair value (carrying amount of $395,000 as of October 31, 2021) — 395,000 (4) — 395,000 Below market leases, net 5,576 — 153,667 (18) 159,243 Accounts payable and accrued liabilities 215,675 (7,431 ) (5) (31,974 ) (21) 176,270 Total liabilities not subject to compromise (1) 1,237,808 1,420,077 (248,753 ) 2,409,132 Liabilities subject to compromise 2,551,439 (2,551,439 ) (6) — — Commitments and contingencies Redeemable noncontrolling interests (1,032 ) 1,032 (7) — — Shareholders' equity: Successor common stock, $.001 — 20 (8) — 20 Predecessor preferred stock, $.01 7.375% Series D Cumulative Redeemable Preferred Stock, 1,815,000 shares outstanding in 2020 18 (18 ) (9) — — 6.625% Series E Cumulative Redeemable Preferred Stock, 690,000 shares outstanding in 2020 7 (7 ) (10) — — Predecessor common stock, $.01 1,976 (1,976 ) (11) — — Additional paid-in capital 1,986,769 487,721 (12) (1,927,062 ) (22) 547,428 Retained earnings (dividends in excess of cumulative earnings) (1,553,835 ) 405,864 (13) 1,147,971 (22) — Total shareholders' equity 434,935 891,604 (779,091 ) 547,448 Noncontrolling interests (13,056 ) 1,927 (14) 17,216 (23) 6,087 Total equity 421,879 893,531 (761,875 ) 553,535 $ 4,210,094 $ (236,799 ) $ (1,010,628 ) $ 2,962,667 (1) Proceeds from Exchangeable Notes $ 50,000 Payment for the settlement to allowed unsecured claim holders (98,801 ) Payment for the settlement of the Predecessor secured credit facility (100,000 ) Payment of deferred financing fees for the Exit Credit Agreement (1,192 ) Payment of expensed financing fees for the Exchangeable Notes and the Secured Notes (773 ) Payment of professional fees (27,170 ) Redemption of Secured Notes (60,117 ) $ (238,053 ) (2) (3) Issuance of Exit Credit Agreement $ 883,700 Issuance of Exchangeable Notes 150,000 Capitalization of deferred financing costs related to the Exit Credit Agreement (1,192 ) $ 1,032,508 (4) (5) (6) Liabilities subject to compromise $ 2,551,439 Issuance of Exit Credit Agreement (983,700 ) Issuance of Secured Notes (555,773 ) Equity issued on the Effective Date in settlement of liabilities subject to compromise (487,479 ) Payment to various creditors (102,060 ) Gain on settlement of liabilities subject to compromise $ 422,427 (7) (8) (9) (10) (11) Conversion of Predecessor equity $ 20 Cancellation of Predecessor common stock (1,996 ) Net change in Predecessor common stock $ (1,976 ) (12) Issuance of Successor common stock to creditors $ 487,462 Issuance of Successor common stock to Predecessor equity holders (2 ) Cancellation of Predecessor common stock and preferred stock 2,021 Other adjustments (1,760 ) $ 487,721 (13) Gain on settlement of liabilities subject to compromise $ 422,427 Payment of certain professional fees (16,563 ) $ 405,864 (14) (15) (16) (17) (18) (19) Intangible lease assets $ (52,761 ) Corporate assets 293 Right-of-use lease assets (174 ) $ (52,642 ) (20) (21) Investment in unconsolidated affiliates $ (31,682 ) Write-off of deferred revenue (91 ) Lease liabilities (201 ) $ (31,974 ) (22) (23)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	Accounting Guidance Adopted Description Expected Adoption Date & Application Method Financial Statement Effect and Other Information Accounting Standards Update (“ASU”) 2020-06, Debt-Debt with Conversion and Other Options November 1, 2021 - Prospective The guidance eliminates several of the accounting models for exchangeable debt which results in fewer embedded option features being separately recognized from the host instrument. For the exchangeable option to be recognized the embedded exchangeable feature must not be clearly and closely related to the host instrument, meet the definition of a derivative, and not qualify for a scope exception to the derivative accounting guidance, or the exchangeable debt instrument must be issued with a substantial premium. In regard to the Exchangeable Notes, the Successor Company has determined the conversion feature will not be separately recognized but will remain embedded in the exchangeable debt and amortized as part of the host instrument. The adoption of this guidance did not have a material impact on the Successor Company’s consolidated financial statements or disclosures. Accounting Guidance Not Yet Adopted Description Financial Statement Effect and Other Information ASU 2020-04, Reference Rate Reform On March 12, 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) - Facilitation of the Effects of Reference Rate Reform on Financial Reporting
Schedule of Intangible Assets and Balance Sheet Classifications	The Successor Company’s and the Predecessor Company’s intangibles and their balance sheet classifications as of December 31, 2021 and 2020, respectively, are summarized as follows: Successor Predecessor December 31, 2021 December 31, 2020 Cost Accumulated Amortization Cost Accumulated Amortization Intangible lease assets and other assets: Above-market leases $ 244,575 $ (10,289 ) $ 18,416 $ (16,395 ) In-place leases 412,683 (27,979 ) 59,472 (53,790 ) Tenant relationships 86 — 34,630 (7,909 ) Accounts payable and accrued liabilities: Below-market leases 158,300 (6,429 ) 42,274 (36,224 )
Summary of Allowance for Doubtful Accounts	The following table sets forth the activity for the Predecessor Company’s allowance for doubtful accounts: Predecessor Year Ended December 31, 2019 Tenant receivables - allowance for doubtful accounts: Balance, beginning of year $ 2,337 Additions in allowance charged to expense — Bad debts charged against allowance (2,337 ) Balance, end of year $ —
Schedule of Income Tax Provision	The Successor and Predecessor Company recorded an income tax provision as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Current tax provision $ (4,968 ) $ (1,078 ) $ (2,278 ) $ (485 ) Deferred tax provision 10,853 — (14,558 ) (2,668 ) Income tax provision $ 5,885 $ (1,078 ) $ (16,836 ) $ (3,153 )

Revenues (Tables)

Revenues (Tables)	12 Months Ended
	Dec. 31, 2021
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregation of Revenue	The following table presents the Company's revenues disaggregated by revenue source: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Rental revenues $ 103,252 $ 450,922 $ 554,064 $ 736,878 Revenues from contracts with customers (ASC 606): Operating expense reimbursements (1) 1,173 6,542 9,025 9,783 Management, development and leasing fees (2) 1,500 5,642 6,800 9,350 Marketing revenues (3) 2,112 1,571 2,716 6,059 4,785 13,755 18,541 25,192 Other revenues 809 3,352 3,256 6,626 Total revenues (4) $ 108,846 $ 468,029 $ 575,861 $ 768,696 (1) Includes $1,100 in the Malls segment and $73 in the All Other segment for the Successor Company for the period November 1, 2021 through December 31, 2021. Includes $5,720 in the Malls segment, $822 in the All Other segment for the Predecessor Company for the period January 1, 2021 through October 31, 2021. Includes $8,638 in the Malls segment and $387 in the All Other segment for the Predecessor Company for the year ended December 31, 2020. Includes $9,404 in the Malls segment and $379 in the All Other segment for the Predecessor Company for the year ended December 31, 2019. (2) Included in All Other segment. ( 3 ) Marketing revenues solely relate to the Malls segment for all years presented. ( 4 ) Sales taxes are excluded from revenues.
Schedule of Expected Recognition of Remaining Performance Obligation	As of December 31, 2021, the Company expects to recognize these amounts as revenue over the following periods: Performance obligation Less than 5 years 5-20 years Over 20 years Total Fixed operating expense reimbursements $ 21,619 $ 46,358 $ 41,513 $ 109,490

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Schedule of Components of Lease Revenue	The components of rental revenues are as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Fixed lease payments $ 75,740 $ 271,221 $ 459,958 $ 607,259 Variable lease payments 27,512 179,701 94,106 129,619 Total rental revenues $ 103,252 $ 450,922 $ 554,064 $ 736,878
Schedule of Undiscounted Future Lease Payments to be Received	The undiscounted future fixed lease payments to be received under the Company's operating leases as of December 31, 2021, are as follows: Years Ending December 31, Operating Leases 2022 $ 343,443 2023 294,118 2024 236,667 2025 182,554 2026 133,875 Thereafter 301,293 Total undiscounted lease payments $ 1,491,950
Schedule of Right-of-Use Asset and Lease Liability Activity	A summary of the Company's ROU asset and lease liability activity during the year ended December 31, 2021 and 2020 is presented below: ROU Asset Lease Liability Balance as of November 1, 2021 (Successor) $ 2,975 $ 2,975 Cash reduction (58 ) (58 ) Noncash increase 53 59 Balance as of December 31, 2021 (Successor) $ 2,970 $ 2,976 ROU Asset Lease Liability Balance as of January 1, 2020 (Predecessor) $ 3,804 $ 3,837 Cash reduction (373 ) (373 ) Noncash decrease (128 ) (134 ) Balance as of December 31, 2020 (Predecessor) $ 3,303 $ 3,330
Schedule of Lease Expense	The components of lease expense are presented below: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Lease expense: Operating lease expense $ 47 $ 448 $ 462 $ 547 Variable lease expense 14 246 223 348 Total lease expense $ 61 $ 694 $ 685 $ 895
Schedule of Undiscounted Future Lease Payments under Operating Leases	The undiscounted future lease payments to be paid under the Company's operating leases as of December 31, 2021, are as follows: Year Ending December 31, Operating Leases 2022 $ 351 2023 351 2024 351 2025 353 2026 361 Thereafter 14,302 Total undiscounted lease payments 16,069 Less imputed interest (13,093 ) Lease liability $ 2,976

DISPOSITIONS (Tables)

DISPOSITIONS (Tables)	12 Months Ended
	Dec. 31, 2021
Discontinued Operations And Disposal Groups [Abstract]
Schedule of Dispositions	The Predecessor Company recognized a gain on extinguishment of debt for the properties listed below, which represented the amount by which the outstanding debt balance exceeded the net book value of the property as of the date title to the property was transferred to the mortgage holder in satisfaction of the non-recourse debt secured by the property. Sales Date Property Property Type Location Balance of Non-recourse Debt Gain on Extinguishment of Debt August Hickory Point Mall Malls Forsyth, IL $ 27,446 $ 15,446 December Burnsville Center Malls Burnsville, MN 64,233 17,075 $ 91,679 $ 32,521 Sales Price Sales Date Property Property Type Location Gross Net Gain January Cary Towne Center (1) Malls Cary, NC $ 31,500 $ 31,068 $ — April Honey Creek Mall (2) Malls Terre Haute, IN 14,600 14,360 — April The Shoppes at Hickory Point Malls Forsyth, IL 2,508 2,407 1,326 June Courtyard by Marriott at Pearland Town Center All Other Pearland, TX 15,100 14,795 1,910 July 850 Greenbrier Circle All Other Chesapeake, VA 10,500 10,332 96 July Kroger at Foothills Plaza All Other Maryville, TN 2,350 2,267 1,139 July The Forum at Grandview (3) All Other Madison, MS 31,750 31,606 47 July Barnes & Noble parcel All Other High Point, NC 2,000 1,899 821 September Dick's Sporting Goods at Hanes Mall All Other Winston-Salem, NC 10,000 9,649 2,907 $ 120,308 $ 118,383 $ 8,246 (1) See below for more information regarding the sale of Cary Towne Center. (2) The Predecessor Company recognized a loss on impairment of $2,284 when it adjusted the book value of the mall to the net sales price based on a signed contract with a third-party buyer. See Note 17 for additional information. (3) The Predecessor Company recognized a loss on impairment of $8,582 in June 2019 when it adjusted the book value to the net sales price based on a signed contract with a third-party buyer, adjusted to reflect the estimated disposition costs. See Note 17 for additional information. The Predecessor Company recognized a gain on extinguishment of debt for the properties listed below, which represented the amount by which the outstanding debt balances exceeded the net book value of the property as of the transfer date. Sale/Transfer Date Property Property Type Location Balance of Non-recourse Debt Gain on Extinguishment of Debt January Acadiana Mall (1) Malls Lafayette, LA $ 119,760 $ 61,795 January Cary Towne Center (2) Malls Cary, NC 43,716 9,927 $ 163,476 $ 71,722 (1) The Predecessor Company transferred title to the mall to the mortgage holder in satisfaction of the non-recourse debt secured by the property. (2) The

Unconsolidated Affiliates (Tabl

Unconsolidated Affiliates (Tables)	12 Months Ended
	Dec. 31, 2021
Equity Method Investments And Joint Ventures [Abstract]
Schedule of Condensed Combined Financial Statement Information - Unconsolidated Affiliates	Condensed combined financial statement information of the unconsolidated affiliates is as follows: December 31, 2021 (1) December 31, 2020 (1) ASSETS: Investment in real estate assets $ 2,364,154 $ 2,346,124 Accumulated depreciation (934,374 ) (862,435 ) 1,429,780 1,483,689 Developments in progress 7,288 28,138 Net investment in real estate assets 1,437,068 1,511,827 Other assets 188,683 174,966 Total assets $ 1,625,751 $ 1,686,793 LIABILITIES: Mortgage and other indebtedness, net $ 1,452,794 $ 1,439,454 Other liabilities 64,598 45,280 Total liabilities 1,517,392 1,484,734 OWNERS' EQUITY: The Company 102,792 132,350 Other investors 5,567 69,709 Total owners' equity 108,359 202,059 Total liabilities and owners’ equity $ 1,625,751 $ 1,686,793 (1) In conjunction with fresh start accounting, the Successor Company did not elect push-down accounting for any of its unconsolidated joint ventures. Amounts reflect the inside basis in the respective joint ventures. Year Ended December 31, 2021 2020 2019 Total revenues $ 251,933 $ 213,319 $ 221,512 Net income (loss) (1) $ 58,596 $ (12,659 ) $ 96,628 (1) The Successor Company’s pro rata share of net income is $797 for the period from November 1, 2021 through December 31, 2021 and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. The Predecessor Company’s pro rata share of net loss is $10,823 for the period from January 1, 2021 through October 31, 2021 and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. The Predecessor Company’s pro rata share of net income (loss) is $(14,854) and 4,940 for the years ended December 31, 2020 and 2019, respectively, and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations.

Mortgage and Other Indebtedne_2

Mortgage and Other Indebtedness, Net (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of Pre-Emergence Net Mortgage Notes Payable	Our Secured Notes and mortgage and other indebtedness, net, consisted of the following: Successor Predecessor December 31, 2021 December 31, 2020 Amount Weighted- Average Interest Rate (1) Amount Weighted- Average Interest Rate (1) Fixed-rate debt at fair value: 10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021) $ 395,395 10.00 % $ — — Fixed-rate debt: Exchangeable senior secured notes 150,000 7.00 % — — Non-recourse loans on operating Properties 916,927 5.04 % 1,120,203 5.12 % Total fixed-rate debt 1,066,927 5.32 % 1,120,203 5.12 % Variable-rate debt: Secured term loan 880,091 3.75 % — — Recourse loans on operating Properties 66,911 3.21 % 68,061 4.69 % Total variable-rate debt 947,002 3.71 % 68,061 4.69 % Total fixed-rate and variable-rate debt 2,013,929 4.56 % 1,188,264 5.10 % Unamortized deferred financing costs (1,567 ) (3,433 ) Debt discounts (2) (199,153 ) — Total mortgage and other indebtedness, net $ 1,813,209 $ 1,184,831 Mortgage and other indebtedness included in liabilities subject to compromise consisted of the following: Successor Predecessor December 31, 2021 December 31, 2020 Amount Weighted- Average Interest Rate (1) Amount Weighted- Average Interest Rate (1) Fixed-rate debt: Senior unsecured notes due 2023 ( 3 ) $ — — $ 450,000 5.25 % Senior unsecured notes due 2024 ( 3 ) — — 300,000 4.60 % Senior unsecured notes due 2026 ( 3 ) — — 625,000 5.95 % Total fixed-rate debt — — 1,375,000 5.43 % Variable-rate debt: Secured line of credit ( 4 ) — — 675,926 9.50 % Secured term loan ( 4 ) — — 438,750 9.50 % Total variable-rate debt — — 1,114,676 9.50 % Total fixed-rate and variable-rate debt — — 2,489,676 7.25 % Unpaid accrued interest ( 5 ) — 57,644 Prepetition unsecured or under secured liabilities — 4,170 Total liabilities subject to compromise $ — $ 2,551,490 (1) Weighted-average interest rate excludes amortization of deferred financing costs. (2) In conjunction with fresh start accounting, the Company estimated the fair value of its mortgage notes with the assistance of a third-party valuation advisor. This resulted in recognizing a debt discount on the Effective Date. Debt discounts totaling $131,086 related to five mortgage notes payable that were past their maturity dates were fully accreted as additional interest expense during the period from November 1, 2021 through December 31, 2021. The debt discount is accreted over the term of the respective debt using the effective interest method. The remaining debt discounts at December 31, 2021 will be accreted over a weighted average period of 2.4 years. ( 3 ) In accordance with ASC 852, which limits the recognition of interest expense during a bankruptcy proceeding to only amounts that will be paid during the bankruptcy proceeding or that are probable of becoming allowed claims, interest was not accrued on the senior unsecured notes subsequent to the filing of the Chapter 11 Cases. The outstanding amount of the senior unsecured notes is included in liabilities subject to compromise in the accompanying consolidated balance sheets as of December 31, 2020. On the Effective Date, the senior unsecured notes were cancelled by operation of the Plan. See Note 2 for more information. ( 4 ) The administrative agent informed the Company that interest would accrue on all outstanding obligations at the post-default rate, which was equal to the rate that otherwise would be in effect plus 5.0%. The post-default interest rate at December 31, 2020 was 9.50%. In accordance with ASC 852, which limits the recognition of interest expense during a bankruptcy proceeding to only amounts that will be paid during the bankruptcy proceeding or that are probable of becoming allowed claims, interest w as not accrued on the secured credit facility subsequent to the filing of the Chapter 11 Cases. The outstanding amount of the secured credit facility is included in liabilities subject to compromise in the accompanying consolidated balance sheets as of December 31, 2020. On the Effective Date, HoldCo I entered into the Exit Credit Agreement, which amended the pre-emergence secured credit facility. See Note 2 for more information. ( 5 ) As of December 31, 2020, represents interest accrued on the secured credit facility and senior unsecured notes prior to the filing of the Chapter 11 Cases.
Schedule of Loan Repayments	The Company repaid the following fixed-rate loans secured by the related consolidated Properties: Date Property Interest Rate at Repayment Date Scheduled Maturity Date Principal Balance Repaid (1) 2020: February Parkway Place 6.50% July 2020 $ 33,186 February Valley View Mall 6.50% July 2020 51,360 $ 84,546 (1) The Company retired the loans with borrowings from its credit facilities.
Summary of Dispositions	The following is a summary of the Company's dispositions for which the fixed-rate loan secured by the mall was extinguished: Sale/Transfer Date Property Interest Rate at Repayment Date Scheduled Maturity Date Balance of Non-recourse Debt Gain on Extinguishment of Debt 2020: August Hickory Point Mall (1) 5.85% December 2019 $ 27,446 $ 15,446 December Burnsville Center (1) 6.00% July 2020 64,233 17,075 $ 91,679 $ 32,521 (1) The Company transferred title to the mall to the mortgage holder in satisfaction of the non-recourse debt secured by the Property.
Schedule of Pre-Emergence Principal Payments	As of December 31, 2021, the scheduled principal amortization and balloon payments of the Company’s consolidated debt, excluding extensions available at the Company’s option, on all mortgage and other indebtedness, are as follows: 2022 $ 420,213 2023 90,818 2024 112,253 2025 786,067 2026 137,947 Thereafter 545,000 Total 2,092,298 Principal balance of loans with maturity date prior to December 31, 2021 (1) 316,631 Total mortgage and other indebtedness $ 2,408,929 ( 1 ) Represents the aggregate principal balance as of December 31, 2021 of the loans secured by Alamance Crossing, Fayette Mall, Hamilton Crossing, Greenbrier Mall and Parkdale Mall & Crossing, which are in default. The Company is in discussions with the lender regarding the loans secured by these properties. The loan secured by Greenbrier Mall matured in December 2019 March 2021 loan secured by Hamilton Crossing matured in April 2021 and had a balance of $ as of December 31, 2021. The loan secured by Fayette Mall matured in May 2021 and had a balance of $ as of December 31, 2021 . Subsequent to December 31, 2021, the loan secured by Fayette Mall was modified to reduce the fixed interest rate to 4.25 % and extend the maturity date through May 2023 , with three one-year extension options , subject to certain requirements. See Note 20 . The loan secured by Alamance Crossing matured in July 2021 and had a balance of $ as of December 31, 2021.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Schedule of Dividends Declared and Paid for Income Tax Purposes	The allocations of dividends declared and paid for income tax purposes are as follows (income tax allocations are not applicable in 2021 or 2020 due to the Company not paying any dividends in those years): Year Ended December 31, 2019 Dividends declared: Common stock $ 0.15 Series D preferred stock $ 13.83 Series E preferred stock $ 12.42 Allocations: Common stock Ordinary income — % Capital gains 25% rate — % Return of capital 100.00 % Total 100.00 % Preferred stock (1) Ordinary income — % Capital gains 25% rate — % Return of capital 100.00 % Total 100.00 % (1) The allocations for income tax purposes are the same for each series of preferred stock for each period presented.

Redeemable Interests and Nonc_2

Redeemable Interests and Noncontrolling Interests (Tables)	12 Months Ended
	Dec. 31, 2021
Redeemable Noncontrolling Interests And Noncontrolling Interests [Abstract]
Schedule Of Redeemable Noncontrolling Interest Conversion Right	Outstanding rights to convert redeemable noncontrolling interests and noncontrolling interests in the Operating Partnership to common stock were held by the following parties at December 31, 2021 and 2020: Successor Predecessor December 31, December 31, 2021 2020 Third parties 10,283 5,117,856
Schedule of Variable Interest Entities	The table below lists the Successor Company's and the Predecessor Company’s consolidated VIEs as of December 31, 2021 and 2020, respectively, which do not reflect the elimination of any internal debt the consolidated VIE has with the Operating Partnership: Successor Predecessor As of December 31, As of December 31, 2021 2020 Assets Liabilities (1) Assets Liabilities (1) Consolidated VIEs: Atlanta Outlet Outparcels, LLC $ 831 $ — $ 851 $ — CBL Terrace LP 15,339 12,626 14,608 12,578 Gettysburg Outlet Center Holding, LLC 15,308 18,776 33,199 38,334 Gettysburg Outlet Center, LLC 3,062 — 7,737 — Jarnigan Road LP 19,699 1,336 17,974 572 Jarnigan Road II, LLC 20,652 16,578 22,623 17,134 Laredo Outlet JV, LLC 25,542 26,121 44,378 43,788 Lebcon Associates 98,151 96,138 46,692 116,085 Lebcon I, Ltd 12,938 8,645 8,305 8,672 Louisville Outlet Outparcels, LLC 539 — 173 — The Promenade at D'Iberville 49,401 51,603 75,975 48,964 Statesboro Crossing, LLC 803 — 227 — $ 262,265 $ 231,823 $ 272,742 $ 286,127 ( 1 ) As of December 31, 2020, includes $40,600 related to Laredo Outlet JV, LLC, which was guaranteed by the Predecessor Operating Partnership. In September 2021, the loan secured by The Outlet Shoppes at Laredo was amended and the guaranty was removed. Also, due to the filing of the Chapter 11 Cases, the loan held by Gettysburg Outlet Center Holding, LLC became guaranteed by the Operating Partnership, and amounts to $35,804 and $36,774, excluding debt discounts, as of December 31, 2021 and 2020, respectively. The table below lists the Company's unconsolidated VIEs as of December 31, 2021 (Successor): Unconsolidated VIEs: Investment in Real Estate Joint Ventures and Partnerships Maximum Risk of Loss Ambassador Infrastructure, LLC (1) $ — $ 8,250 Asheville Mall CMBS, LLC — — Atlanta Outlet JV, LLC (1) 881 5,352 CBL-T/C, LLC — — EastGate Mall CMBS, LLC — — El Paso Outlet Center Holding, LLC 1,278 1,278 Fremaux Town Center JV, LLC — — Louisville Outlet Shoppes, LLC (1) — 8,097 Mall of South Carolina L.P. 1,123 1,123 Mall of South Carolina Outparcel L.P. 6,919 6,919 Shoppes at Eagle Point, LLC (1) 20,933 33,673 Vision - CBL Hamilton Place, LLC 2,340 2,340 $ 33,474 $ 67,032 (1) See Note 16 for information on guarantees of debt.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2021
Segment Reporting [Abstract]
Schedule of Information on Reportable Segments	Information on the Company’s reportable segments is presented as follows: For the Period from November 1, 2021 through December 31, 2021 (Successor) Malls (1) All Other (2) Total Revenues (3) $ 95,057 $ 13,789 $ 108,846 Property operating expenses (4) (29,801 ) (2,636 ) (32,437 ) Interest expense (181,300 ) (14,188 ) (195,488 ) Gain (loss) on sales of real estate assets 20 (23 ) (3 ) Other expense — (3 ) (3 ) Segment loss $ (116,024 ) $ (3,061 ) (119,085 ) Depreciation and amortization (49,504 ) General and administrative expense (9,175 ) Litigation settlement 118 Interest and other income 510 Gain on deconsolidation 19,126 Reorganization items (1,403 ) Income tax benefit 5,885 Equity in earnings of unconsolidated affiliates 797 Net loss $ (152,731 ) Total assets $ 1,961,061 $ 984,918 $ 2,945,979 Capital expenditures (5) $ 3,415 $ 1,368 $ 4,783 For the Period from January 1, 2021 through October 31, 2021 (Predecessor) Malls (1) All Other (2) Total Revenues (3) $ 411,280 $ 56,749 $ 468,029 Property operating expenses (4) (143,018 ) (12,991 ) (156,009 ) Interest expense (70,275 ) (2,140 ) (72,415 ) Gain on sales of real estate assets 6,063 6,124 12,187 Other expense (65 ) (680 ) (745 ) Segment profit $ 203,985 $ 47,062 251,047 Depreciation and amortization (158,574 ) General and administrative expense (43,160 ) Litigation settlement 932 Interest and other income 2,055 Gain on deconsolidation 55,131 Reorganization items, net (435,162 ) Loss on impairment (146,781 ) Income tax provision (1,078 ) Equity in losses of unconsolidated affiliates (10,823 ) Net loss $ (486,413 ) Capital expenditures (5) $ 21,662 $ 8,862 $ 30,524 Year Ended December 31, 2020 (Predecessor) Malls (1) All Other (2) Total Revenues (3) $ 520,643 $ 55,218 $ 575,861 Property operating expenses (4) (177,531 ) (10,348 ) (187,879 ) Interest expense (79,380 ) (121,283 ) (200,663 ) Other expense — (953 ) (953 ) Gain (loss) on sales of real estate assets (25 ) 4,721 4,696 Segment profit (loss) $ 263,707 $ (72,645 ) 191,062 Depreciation and amortization (215,030 ) General and administrative expense (53,425 ) Litigation settlement 7,855 Interest and other income 6,396 Gain on extinguishment of debt 32,521 Reorganization items (35,977 ) Loss on impairment (213,358 ) Prepetition charges (23,883 ) Income tax provision (16,836 ) Equity in losses of unconsolidated affiliates (14,854 ) Net loss $ (335,529 ) Total assets $ 3,702,523 $ 741,217 $ 4,443,740 Capital expenditures (5) $ 36,425 $ 5,683 $ 42,108 Year Ended December 31, 2019 (Predecessor) Malls (1) All Other (2) Total Revenues (3) $ 699,698 $ 68,998 $ 768,696 Property operating expenses (4) (216,771 ) (13,881 ) (230,652 ) Interest expense (86,152 ) (120,109 ) (206,261 ) Other expense — (91 ) (91 ) Gain on sales of real estate assets 1,226 15,048 16,274 Segment profit (loss) $ 398,001 $ (50,035 ) 347,966 Depreciation and amortization (257,746 ) General and administrative expense (64,181 ) Interest and other income 2,764 Litigation settlement (61,754 ) Gain on extinguishment of debt 71,722 Loss on impairment (239,521 ) Gain on investment/deconsolidation 67,242 Income tax provision (3,153 ) Equity in earnings of unconsolidated affiliates 4,940 Net loss $ (131,721 ) Total assets $ 4,180,515 $ 441,831 $ 4,622,346 Capital expenditures (5) $ 130,502 $ 11,057 $ 141,559 (1) The Malls category includes malls, lifestyle centers and outlet centers. ( 2 ) The All Other category includes open-air centers, outparcels, mortgage and other notes receivable, office buildings, self-storage facilities, corporate-level debt and the Management Company. ( 3 ) Management, development and leasing fees are included in All Other category. See Note 5 ( 4 ) Property operating expenses include property operating, real estate taxes and maintenance and repairs. ( 5 ) I nclude s additions to and acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.

Supplemental and Noncash Info_2

Supplemental and Noncash Information (Tables)	12 Months Ended
	Dec. 31, 2021
Supplemental Cash Flow Information [Abstract]
Schedule of Noncash Investing and Financing Activities	The Company’s noncash investing and financing activities for the period from November 1, 2021 to December 31, 2021 (Successor), the period from January 1, 2021 to October 31, 2021 (Predecessor), the year ended December 31, 2020 (Predecessor) and the year ended December 31 2019 (Predecessor) were as follows: Successor Predecessor Period from November 1, through December 31, Period from January 1, through October 31, Year Ended December 31, 2021 2021 2020 2019 Additions to real estate assets accrued but not yet paid $ 11,108 $ 11,066 $ 5,945 $ 24,642 Deconsolidation upon contribution/assignment of interest in joint venture (1) Decrease in real estate assets — — — (200,343 ) Increase in investment in unconsolidated affiliates — — — 39,708 Decrease in mortgage and other indebtedness — — — 228,627 Increase in operating assets and liabilities — — — 857 Decrease in intangible lease and other assets — — — (4,815 ) Increase in noncontrolling interest and joint venture interest — — — (12,013 ) Deconsolidation upon loss of control (1) Decrease in real estate assets (12,873 ) (84,860 ) — — Decrease in mortgage and other indebtedness 27,733 134,354 — — Decrease in operating assets and liabilities 4,266 5,808 — — Decrease in intangible lease and other assets — (171 ) — — Transfer of real estate assets in settlement of mortgage debt obligations (2) Decrease in real estate assets — — (57,001 ) (60,059 ) Decrease in mortgage and other indebtedness — — 85,371 124,111 Decrease in operating assets and liabilities — — 4,288 9,333 Decrease in intangible lease and other assets — — (137 ) (1,663 ) Conversion of Operating Partnership units to common stock — — 21,163 730 ( 1 ) See Note 9 for more information. (2) See Note 10 for more information.

CONTINGENCIES (Tables)

CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2021
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 Successor Company’s accompanying consolidated balance sheets as of December 31, 2021 and as reflected in the Predecessor Company’s accompanying consolidated balance sheets as of December 31, 2020: Successor Predecessor As of December 31, 2021 Obligation recorded to reflect guaranty 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) December 31, 2021 December 31, 2020 West Melbourne I, LLC - Phase I 50% $ 39,017 50% $ 19,509 Feb-2025 (2) $ 195 $ 201 West Melbourne I, LLC - Phase II 50% 13,893 50% 6,947 Feb-2025 (2) 69 72 Port Orange I, LLC 50% 51,548 50% 25,774 Feb-2025 (2) 258 266 Ambassador Infrastructure, LLC 65% 8,250 100% 8,250 Mar-2025 83 94 Shoppes at Eagle Point, LLC 50% 33,884 35% (3) 12,740 Oct-2022 127 127 EastGate Storage, LLC (4) —% — —% — N/A — 33 Self Storage at Mid Rivers, LLC (4) —% — —% — N/A — 30 Parkdale Self Storage, LLC (4) —% — —% — N/A — 65 Hamilton Place Self Storage, LLC (4) —% — —% — N/A — 35 Atlanta Outlet JV, LLC 50% 4,471 100% 4,471 Nov-2023 — — Louisville Outlet Shoppes, LLC 50% 8,097 100% 8,097 Oct-2022 — — Total guaranty liability $ 732 $ 923 (1) Excludes any extension options. (2) These loans have a one-year ( 3 ) The guaranty is for a fixed amount of $12,740 throughout the term of the loan. ( 4 ) In December 2021, the property secured by the loan was sold. Proceeds from the transaction were used to pay off the outstanding amount of the loan. See Note 9 for additional information.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Secured Notes Measured at Fair Value	The following table sets forth information regarding the Successor’s Secured Notes that were measured at fair value: Debt Instrument Carrying amount as of December 31, 2021 Change in fair value (1) Fair value as of December 31, 2021 (2) 10% Senior Secured Notes $ 395,000 $ 395 $ 395,395 (1) As of December 31, 2021, the change in fair value is included within “Interest Expense” in the Successor Company’s consolidated income statement. ( 2 ) The fair value was calculated using Level 1 inputs.
Schedule of Debt Securities, Available-for-sale Measured at Fair Value	The following table sets forth information regarding the Company’s AFS securities that were measure at fair value: AFS Security Amortized Cost (1) Allowance for credit losses (2) Total unrealized gain Fair value as of December 31, 2021 U.S. Treasury securities $ 149,999 $ — $ (3 ) $ 149,996 (1) The U.S. Treasury securities have maturities through February 2022 Note 20 ( 2 ) U.S Treasury securities have a long history with no credit losses. Additionally, the Company notes that U.S Treasury securities are explicitly fully guaranteed by a sovereign entity that can print its own currency and that the sovereign entity’s currency is routinely held by central banks and other major financial institutions, is used in international commerce, and commonly viewed as a reserve currency, all of which qualitatively indicate that historical credit loss information should be minimally affected by current conditions and reasonable and supportable forecasts. Therefore, the Successor Company did not record expected credit losses for its U.S Treasury securities for the period from November 1, 2021 through December 31, 2021 and the Predecessor Company did not record expected credit losses for its U.S. Treasury securities for the period from January 1, 2021 through October 31, 2021. AFS Security Amortized Cost Allowance for credit losses (1) Total unrealized gain Fair value as of December 31, 2020 U.S. Treasury securities $ 233,053 $ — $ 18 $ 233,071 (1) U.S Treasury securities have a long history with no credit losses. Additionally, the Company notes that U.S Treasury securities are explicitly fully guaranteed by a sovereign entity that can print its own currency and that the sovereign entity’s currency is routinely held by central banks and other major financial institutions, is used in international commerce, and commonly viewed as a reserve currency, all of which qualitatively indicate that historical credit loss information should be minimally affected by current conditions and reasonable and supportable forecasts. Therefore, the Predecessor Company did not record expected credit losses for its U.S Treasury securities for the year ended December 31, 2020.
Schedule of Assets Measured at Fair Value on Nonrecurring Basis	See Note 3 for information regarding the fair value adjustments associated with Fresh Start Accounting. The following table sets forth information regarding the Predecessor Company’s assets that were measured at fair value on a nonrecurring basis and related impairment charges for the period from January 1, 2021 through October 31, 2021 and the year ended December 31, 2020, respectively: Fair Value Measurements at Reporting Date Using Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Loss on Impairment Period from January 1, 2021 through October 31, 2021 Long-lived assets $ 120,290 $ — $ — $ 120,290 $ 146,781 Year Ended December 31, 2020 Long-lived assets $ 268,830 $ — $ — $ 268,830 $ 213,358
Schedule of Impairment on Real Estate Properties	During the period from January 1, 2021 through October 31, 2021, the Predecessor Company recognized impairments of real estate of $146,781 related to five malls, a redeveloped anchor parcel, an outlet center, an open-air center, an outparcel and vacant land. The Properties were classified for segment reporting purposes as listed below. See Note 13 for segment information. Impairment Date Property Location Segment Classification Loss on Impairment Fair Value March Eastland Mall (1) Bloomington, IL Malls $ 13,243 $ 10,700 March Old Hickory Mall (2) Jackson, TN Malls 20,149 12,400 March Stroud Mall (3) Stroudsburg, PA Malls 23,790 15,400 July The Landing at Arbor Place - Outparcel (4) Douglasville, GA All Other 1,682 590 September Laurel Park Place (5) Livonia, MI Malls 14,267 9,800 September Parkdale Mall and Crossing (6) Beaumont, TX Malls/All Other 47,211 50,500 October The Outlet Shoppes at Gettysburg (7) Gettysburg, PA Malls 21,470 16,660 October Vacant land (8) El Centro, CA All Other 4,969 4,240 $ 146,781 $ 120,290 (1) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $10,700. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Eastland Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 14.0% and a discount rate of 15.0%. (2) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $12,400. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Old Hickory Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 13.0% and a discount rate of 14.0%. (3) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $15,400. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Stroud Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 11.75% and a discount rate of 12.5%. (4) In July 2021, the Predecessor Company sold an outparcel at The Landing at Arbor Place. Sales proceeds amounted to $590, which resulted in a loss on sale. (5) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $9,800. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Laurel Park Place using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years, with a sale at the end of the holding period, a capitalization rate of 11.5% and a discount rate of 13.0%. (6) In accordance with the Company’s quarterly impairment process, the Predecessor Company wrote down the book value of the mall, a redeveloped anchor parcel and an open-air center adjacent to the mall to their aggregate estimated fair value of $50,500. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for the mall and open-air center (excluding the redeveloped anchor parcel) based on Management’s assessment that there was an increased likelihood that the loan secured by the mall and open-air center may not be successfully restructured or refinanced. Management determined the fair value of Parkdale Mall, Parkdale Crossing and Parkdale Anchor using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a weighted-average capitalization rate of 12.3% and a weighted-average discount rate of 14.2%. (7) In accordance with the Company’s quarterly impairment process, the Predecessor Company wrote down the book value of the outlet center to its estimated fair value of $16,660. The outlet center had experienced a decline in cash flow due to store closures and rent reductions. Management determined the fair value of The Shoppes of Gettysburg using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of nine years , with a sale at the end of the holding period, a capitalization rate of 11.0 % and a discount rate of 12.0 %. (8) In accordance with the Company’s quarterly impairment process, the Predecessor Company wrote down the book value of land to its estimated fair value of $4,240. The Company evaluated comparable land parcel transactions and determined that $4,240 was the land’s estimated fair value. During the period from November 1, 2021 through December 31, 2021, the Successor Company adjusted the negative equity in EastGate Mall to zero upon deconsolidation, which represents the estimated fair value of the Successor Company’s investment in that property. During the period from January 1, 2021 through October 31, 2021, the Predecessor Company adjusted the combined negative equity in Asheville Mall and Park Plaza to zero upon deconsolidation, which represents the estimated fair values of the Company’s investments in these properties. See Note 9 for additional information. Long-lived Assets Measured at Fair Value in 2020 During the year ended December 31, 2020, the Predecessor Company recognized impairments of real estate of $213,358 related to six malls and one vacant land parcel. The Properties were classified for segment reporting purposes as listed below (see section below for information on outparcels). See Note 13 for segment information. Impairment Date Property Location Segment Classification Loss on Impairment Fair Value March Burnsville Center (1) Burnsville, MN Malls $ 26,562 $ 47,300 March Monroeville Mall (2) Pittsburgh, PA Malls 107,082 67,000 June Asheville Mall (3) Asheville, NC Malls 13,274 52,600 July Vacant land Pittsburgh, PA Malls 46 — December EastGate Mall (4) Cincinnati, OH Malls 5,980 16,530 December Greenbrier Mall (5) Chesapeake, VA Malls 8,923 42,500 December The Outlet Shoppes at Laredo (6) Laredo, TX Malls 51,491 42,900 $ 213,358 $ 268,830 (1) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $47,300. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Burnsville Center using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 14.5% and a discount rate of 15.5%. (2) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $67,000. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Monroeville Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 14.0% and a discount rate of 14.5%. (3) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $52,600. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Asheville Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 13.25% and a discount rate of 14.0%. ( 4 ) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $16,530. The mall had experienced a decline in cash flows due to store closures and rent reductions. The Predecessor Company expects to convey the property to the lender. Management determined the fair value of EastGate Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 17.0% and a discount rate of 18.0%. ( 5 ) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $42,500. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Greenbrier Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 12.5% and a discount rate of 13.0% . ( 6 ) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $42,900. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of The Outlet Shoppes at Laredo using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 8.5% and a discount rate of 9.0% . Long-lived As sets Measured at Fair Value in 201 9 During the year ended December 31, 2019, the Company recognized impairments of real estate of $239,521 primarily related to six malls and an open-air center . Note 13 for segment information. Impairment Date Property Location Segment Classification Loss on Impairment Fair Value March Greenbrier Mall (1) Chesapeake, VA Malls $ 22,770 $ 56,300 March/April Honey Creek Mall (2) Terre Haute, IN Malls 2,045 — June The Forum at Grandview (3) Madison, MS All Other 8,582 — June EastGate Mall (4) Cincinnati, OH Malls 33,265 25,100 September Mid Rivers Mall (5) St. Peters, MO Malls 83,621 53,340 September Laurel Park Place (6) Livonia, MI Malls 52,067 26,000 December Park Plaza Mall (7) Little Rock, AR Malls 37,400 39,000 January/March Other adjustments (8) Various Malls (229 ) — $ 239,521 $ 199,740 (1) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $56,300. The mall has experienced a decline in cash flows due to store closures and rent reductions. Additionally, one anchor was vacant as of the date of impairment. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Greenbrier Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 11.5% and a discount rate of 11.5%. (2) The Predecessor Company adjusted the book value of the mall to the net sales price of $14,360 based on a signed contract with a third-party buyer, adjusted to reflect estimated disposition costs. The mall was sold in April 2019. See Note 8 (3) The Predecessor Company adjusted the book value to the net sales price of $31,559 Note 8 (4) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $25,100. The mall had experienced a decline in cash flows due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of EastGate Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 14.5% and a discount rate of 15.0%. (5) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $53,340. The mall has experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Mid Rivers Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 12.5% and a discount rate of 13.25%. (6) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $26,000. The mall had experienced a decline in cash flows due to store closures and rent reductions. Management determined the fair value of Laurel Park Place using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 13.5% and a discount rate of 14.0%. (7) In accordance with the Company's quarterly impairment process, the Predecessor Company wrote down the book value of the mall to its estimated fair value of $39,000. The mall had experienced a decline of NOI due to store closures and rent reductions. These factors resulted in a reduction of the expected hold period for this asset based on Management’s assessment that there was an increased likelihood that the loan secured by the mall may not be successfully restructured or refinanced. Management determined the fair value of Park Plaza Mall using a discounted cash flow methodology. The discounted cash flow used assumptions including a holding period of ten years, with a sale at the end of the holding period, a capitalization rate of 13.0% and a discount rate of 14.0%. (8) Related to true-ups of estimated expenses to actual expenses for properties sold in prior periods.

Share-based Compensation (Table

Share-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2021
Share Based Compensation [Abstract]
Schedule of Company Stock Awards	A summary of the status of the Successor Company’s nonvested restricted stock awards as of December 31, 2021, and changes during the period from November 1, 2021 through December 31, 2021, are presented below: Shares Weighted- Average Grant-Date Fair Value Per Share Granted 784,999 $ 27.57 Nonvested at December 31, 2021 784,999 $ 27.57 Under the 2012 Plan, common stock could be awarded either alone, in addition to, or in tandem with other granted stock awards. The Committee had the authority to determine eligible persons to whom common stock will be awarded, the number of shares to be awarded and the duration of the vesting period, as defined. Generally, an award of common stock vested either immediately at grant or in equal installments over a period of five years. Stock awarded to independent directors was fully vested upon grant; however, the independent directors could not transfer such shares during their board term. The Committee could also provide for the issuance of common stock under the 2012 Plan on a deferred basis pursuant to deferred compensation arrangements. The fair value of common stock awarded under the 2012 Plan was determined based on the market price of CBL’s common stock on the grant date and the related compensation expense was recognized over the vesting period on a straight-line basis. As of the Effective Date and pursuant to the Plan, nonvested restricted stock of the Predecessor Company was deemed vested and the Company’s 2012 Stock Incentive Plan, as amended (the “2012 Plan”), pursuant to which such restricted stock had been granted, was terminated. A summary of the Predecessor Company’s restricted stock awards as of October 31, 2021, and changes during the period from January 1, 2021 through October 31, 2021, are presented below: Shares Weighted- Average Grant-Date Fair Value Per Share Nonvested at January 1, 2021 1,519,774 $ 2.15 Vested (1,490,751 ) $ 2.14 Forfeited (29,023 ) $ 2.73 Nonvested at October 31, 2021 — $ —
Schedule of PSU Activity	The Predecessor Company granted the following PSUs in the first quarter of the respective years. A summary of PSU activity as of October 31, 2021, and changes during the period from January 1, 2021 through October 31, 2021, is presented below: PSUs Weighted-Average Grant Date Fair Value 2019 PSUs granted (1) 1,103,537 $ 2.40 2020 PSUs granted (2) 3,408,083 $ 0.84 2020 PSUs cancelled (3) (3,408,083 ) $ 0.84 Outstanding at January 1, 2021 1,103,537 $ 2.40 2019 PSUs cancelled (4) (1,103,537 ) $ 2.40 Outstanding at October 31, 2021 — $ — (1) Includes 566,862 shares classified as a liability due to the potential cash component. (2) Includes 1,247,098 shares classified as a liability due to the potential cash component. (3) In connection with the restructuring and support agreement, dated as of August 18, 2020, by and between the Predecessor Company and the Consenting Noteholders, the 2020 PSUs were cancelled. (4) As of the Effective Date and pursuant to the Plan, all outstanding PSUs of the Predecessor Company were deemed cancelled.
Schedule of Assumptions used in the Monte Carlo Simulation Pricing Models	The following table summarizes the assumptions used in the Monte Carlo simulation pricing model related to the Predecessor Company’s PSUs: 2020 PSUs 2019 PSUs Grant date February 10, 2020 February 11, 2019 Fair value per share on valuation date (1) $ 0.84 $ 4.74 Risk-free interest rate (2) 1.39 % 2.54 % Expected share price volatility (3) 57.98 % 60.99 % (1) The value of the PSU awards is estimated on the date of grant using a Monte Carlo simulation model. The valuation consists of computing the fair value using CBL's simulated stock price as well as TSR over a three-year ( 2 ) The risk-free interest rate was based on the yield curve on zero-coupon U.S. Treasury securities in effect as of the valuation date, which is the respective grant date listed above. ( 3 ) The computation of expected volatility was based on a blend of the historical volatility of CBL's shares of common stock based on annualized daily total continuous returns over a five-year period for the 2020 PSUs and a three-year period for the 2019 PSUs and implied volatility data based on the trailing month average of daily implied volatilities implied by stock call option contracts that were both closest to the terms shown and closest to the money.

Organization - Narrative (Detai

Organization - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)statesubsidiary	Oct. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of states in which entity operates | state	24
Reclassified in-place lease, net			$ 5,682
Below market leases, net	$ 151,871	$ 159,243	6,051
Above Market Leases
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Above market leases, net			$ 2,021
Consolidated Properties
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Non-controlling limited partner interest ownership of CBL's Predecessor in the Operating Partnership (as a percent)	0.10%
Consolidated Properties | CBL Holdings
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership interest in qualified subsidiaries (as a percent)	100.00%
CBL & Associates Limited Partnership
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of wholly owned subsidiaries | subsidiary	2
Combined ownership by the subsidiaries in operating partnership (as a percent)	99.90%
CBL & Associates Limited Partnership | CBL Associates Properties Inc
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership of the sole general partner in partnership (as a percent)	1.00%
Limited partnership interest owned by CBL Holdings II, Inc. in the operating partnership (as a percent)	98.90%

Organization- Properties Owned

Organization- Properties Owned by Operating Partnership (Details)	12 Months Ended
	Dec. 31, 2021malloutlet_centerlifestyle_centeropen-air_centerother_propertypropertysegmentoffice_building
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Malls | mall	50
Outlet Centers | outlet_center	5
Lifestyle Centers | lifestyle_center	5
Open-Air Centers | open-air_center	29
Other | other_property	5
Total Properties | property	94
Malls
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of reportable segments | segment	1
Consolidated Properties
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Malls | mall	42
Outlet Centers | outlet_center	2
Lifestyle Centers | lifestyle_center	4
Open-Air Centers | open-air_center	21
Other | other_property	4
Total Properties | property	73
Consolidated Properties | CBL & Associates Limited Partnership
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Office Buildings | office_building	2
Unconsolidated Properties
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Malls | mall	8
Outlet Centers | outlet_center	3
Lifestyle Centers | lifestyle_center	1
Open-Air Centers | open-air_center	8
Other | other_property	1
Total Properties | property	21

Emergence From Voluntary Reor_2

Emergence From Voluntary Reorganization Under Chapter 11 - Narrative (Details)	Nov. 01, 2021USD ($)	Mar. 21, 2021USD ($)shares	Nov. 02, 2020	Aug. 18, 2020USD ($)	Oct. 31, 2021USD ($)$ / sharesshares	Dec. 31, 2021USD ($)lifestyle_center$ / sharesshares	Oct. 31, 2021USD ($)$ / sharesshares	Dec. 31, 2021USD ($)malllifestyle_centeropen-air_center$ / sharesshares	Dec. 31, 2020USD ($)$ / sharesshares
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Interest rate percentage						10.00%		10.00%
Fair value carrying amount	$ 133,000,000					$ 2,092,298,000		$ 2,092,298,000
Principal amount of unsecured notes	1,375,000,000
New senior secured notes	455,000,000				$ 395,000,000	$ 395,395,000	$ 395,000,000	$ 395,395,000
Cash	95,000,000
Exchangeable secured notes	$ 100,000,000
Percentage of issuance of new common equity to holders of unsecured notes	89.00%
Common stock issued (shares) | shares						20,774,716		20,774,716	196,569,917
Common stock outstanding (shares) | shares						20,774,716		20,774,716	196,569,917
Common stock, par value (USD per share) | $ / shares						$ 0.001		$ 0.001	$ 0.01
Lifestyle Centers | lifestyle_center						5		5
Redemption of aggregate principal amount	$ 60,000,000
Short term property-level debt and related obligations						$ 1,400,000,000		$ 1,400,000,000
Mortgage debt obligations						200,000,000		200,000,000
Remaining short term property-level debt and related obligations						1,200,000,000		$ 1,200,000,000
Reorganization items						$ 1,403,000	435,162,000		$ 35,977,000
Individual assets and liabilities							779,092,000
Professional fees and success fees							75,545,000
Professional fees									10,347,000
Compensation associated with reorganization efforts							1,211,000
Unamortized deferred financing costs and debt discounts									25,294,000
U.S. Trustee fees							1,741,000		$ 336,000
Reorganization Adjustments
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
New senior secured notes					$ 395,000,000		$ 395,000,000
Common stock issued (shares) | shares					196,569,917	20,774,716	196,569,917	20,774,716
Common stock outstanding (shares) | shares					196,569,917	20,774,716	196,569,917	20,774,716
Common stock, par value (USD per share) | $ / shares					$ 0.01	$ 0.001	$ 0.01	$ 0.001
Gain on settlement of liabilities subject to compromise					$ 422,427,000		$ 422,427,000
Mortgage Debt Payable
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Remaining short term property-level debt and related obligations						$ 642,000,000		$ 642,000,000
Unconsolidated Affiliates
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Remaining short term property-level debt and related obligations						537,000,000		537,000,000
Series D Preferred Stock
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Dividend rate of preferred stock (as a percent)			7.375%						7.375%
Series D Preferred Stock | Reorganization Adjustments
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Dividend rate of preferred stock (as a percent)					7.375%
Series E Preferred Stock
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Dividend rate of preferred stock (as a percent)			6.625%						6.625%
Series E Preferred Stock | Reorganization Adjustments
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Dividend rate of preferred stock (as a percent)					6.625%
Secured Credit Facility
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Fair value carrying amount	983,700,000
Cash	100,000,000
Exchangeable secured notes	50,000,000
Secured Term Loan
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Fair value carrying amount	$ 883,700,000
10% Senior Secured Notes Due 2029
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Fair value carrying amount						$ 395,000,000		$ 395,000,000
Restructuring Support Agreement
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Principal amount of unsecured notes		$ 1,375,000,000
New senior secured notes		455,000,000
Cash		95,000,000
Exchangeable secured notes		$ 100,000,000
Percentage of issuance of new common equity to holders of unsecured notes		89.00%
Common stock issued (shares) | shares		20,000,000
Common stock outstanding (shares) | shares		20,000,000
Common stock, par value (USD per share) | $ / shares						$ 0.01		$ 0.01
Restructuring Support Agreement | Management Incentive Plan
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock reserved | shares						3,222,222		3,222,222
Restructuring Support Agreement | Secured Credit Facility
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Fair value carrying amount		$ 133,000,000
Restructuring Support Agreement | Subscription Option
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash		100,000,000
Exchangeable secured notes		$ 50,000,000
Percentage of issuance of new common equity to holders of unsecured notes		5.50%
Restructuring Support Agreement | Subscription Option | Secured Credit Facility
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Fair value carrying amount		$ 983,700,000
Restructuring Support Agreement | Subscription Option | Secured Term Loan
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Fair value carrying amount		$ 883,700,000
Restructuring Support Agreement | Exchangeable Notes Indenture
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock reserved | shares						9,000,000		9,000,000
Restructuring Support Agreement | Senior Unsecured Notes | 2023 Notes
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Aggregate principal amount of senior unsecured notes				$ 450,000,000
Interest rate percentage				5.25%
Debt instrument, maturity date				Dec. 1, 2023
Restructuring Support Agreement | Senior Unsecured Notes | 2024 Notes
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Aggregate principal amount of senior unsecured notes				$ 300,000,000
Interest rate percentage				4.60%
Debt instrument, maturity date				Oct. 15, 2024
Restructuring Support Agreement | Senior Unsecured Notes | 2026 Notes
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Aggregate principal amount of senior unsecured notes				$ 625,000,000
Interest rate percentage				5.95%
Debt instrument, maturity date				Dec. 15, 2026
Exit Credit Agreement
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of malls | mall								16
Lifestyle Centers | lifestyle_center						3		3
Number of open air centers | open-air_center								3
Exit Credit Agreement | First Year
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Principal liability cap reduction percentage								100.00%
Principal amortization payments								$ 2,500,000
Exit Credit Agreement | Excess of First Year
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Principal liability cap reduction percentage								50.00%
Exit Credit Agreement | Senior Secured Term Loan
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Debt instrument, maturity date								Nov. 1, 2025
Fair value carrying amount						$ 883,700,000		$ 883,700,000
Debt instrument, maturity date, description								senior secured term loan that matures November 1, 2025. Upon satisfaction of certain conditions, the maturity date will automatically extend to November 1, 2026 and upon further satisfaction of certain conditions the maturity date will automatically extend to November 1, 2027.
Debt Instrument, covenant description								The Exit Credit Agreement requires HoldCo I to comply with certain financial ratios in the aggregate for the collateral properties, including a covenant that it not permit the (i) interest coverage ratio (as defined in the Exit Credit Agreement) commencing with the fiscal quarter ending December 31, 2021, to be less than 1.50 to 1.00, (ii) minimum debt yield ratio (as defined in the Exit Credit Agreement) commencing with the fiscal quarter ending March 31, 2023 as of the last day of any fiscal quarter ending prior to the maturity date, to be less than eleven and a half percent (11.50%) and (iii) the occupancy rate (as defined in the Exit Credit Agreement) commencing with the fiscal quarter ending March 31, 2023, as of the last day of any fiscal quarter ending prior to the maturity date, to be less than seventy five percent (75%). The Operating Partnership provided a limited guaranty up to a maximum of $175,000 (the “Principal Liability Cap”). The Principal Liability Cap will be reduced by an amount equal to 100% of the first $2,500 in principal amortization made by HoldCo I each calendar year and will be reduced further by 50% of the principal amortization payments made by HoldCo I each calendar year in excess of the first $2,500 in principal amortization for such calendar year. As of December 31, 2021, the Principal Liability Cap had been reduced to $171,946. The Principal Liability Cap is eliminated when the loan balance is reduced below $650,000.
Maximum debt yield ratio								11.50%
Limited guaranty eliminated loan balance reduced amount								$ 650,000,000
Limited guarantee description								The Principal Liability Cap is eliminated when the loan balance is reduced below $650,000.
Exit Credit Agreement | Senior Secured Term Loan | LIBOR
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Interest rate percentage						1.00%		1.00%
Debt instrument basis points								2.75%
Debt instrument, description of variable rate basis								The Exit Credit Agreement bears interest at a rate per annum equal to LIBOR for the applicable period plus 275 basis points, subject to a LIBOR floor of 1.0%.
Secured Notes Indenture | 10% Senior Secured Notes Due 2029
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Interest rate percentage						10.00%		10.00%
Debt instrument, maturity date								Nov. 15, 2029
Fair value carrying amount						$ 455,000,000		$ 455,000,000
Debt Instrument, payment terms description								payable semi-annually on November 15 and May 15, beginning May 15, 2022.
Debt instrument, frequency of periodic payment								semi-annually
Debt instrument, date of first required payment								May 15, 2022
Debt instrument, redemption description								HoldCo II redeemed $60,000 aggregate principal amount of the Secured Notes pursuant to an optional redemption on November 8, 2021
Redemption of aggregate principal amount								$ 60,000,000
Debt instrument, outstanding balance after redemption						$ 395,000,000		$ 395,000,000
Exchangeable Notes Indenture | 7.0% Exchangeable Senior Secured Notes Due 2028
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Interest rate percentage						7.00%		7.00%
Debt instrument, maturity date								Nov. 15, 2028
Fair value carrying amount						$ 150,000,000		$ 150,000,000
Debt Instrument, payment terms description								payable semi-annually on November 15 and May 15, beginning May 15, 2022.
Debt instrument, frequency of periodic payment								semi-annually
Debt instrument, date of first required payment								May 15, 2022
Registration Rights Agreement
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Common stock, par value (USD per share) | $ / shares						$ 0.001		$ 0.001
Minimum
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of projected annual operating cash flows								10.00%
Minimum | Restructuring Support Agreement
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Aggregate principal amount of operating partnership				62.00%
Minimum | Registration Rights Agreement
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of securities sought to be sold								5.00%
Aggregate gross offering price								$ 25,000,000,000
Maximum
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Percentage of projected annual operating cash flows								20.00%
Maximum | Exit Credit Agreement | Senior Secured Term Loan
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Interest coverage ratio								1.50%
Occupancy rate								75.00%
Limited guaranty amount						$ 175,000,000		$ 175,000,000

Fresh Start Accounting - Additi

Fresh Start Accounting - Additional Information (Details) - USD ($)	May 06, 2021	Dec. 31, 2021
Reorganization Chapter11 [Line Items]
Fresh-start reporting, description		Upon emergence from bankruptcy, the Company qualified for and adopted fresh start accounting in accordance with ASC 852, which resulted in the Company becoming a new entity for financial reporting purposes because (1) the holders of the then existing common shares of the Predecessor received less than 50 percent of the new shares of common stock of the Successor outstanding upon emergence and (2) the reorganization value of the Company’s assets immediately prior to confirmation of the Plan was less than the total of all post-petition liabilities and allowed claims. The Company elected to apply fresh start accounting using a convenience date of October 31, 2021. Management evaluated and concluded that the events on November 1, 2021 were not material to the Company’s financial reporting on both a quantitative and qualitative basis.
Maximum percentage of voting shares to qualify for fresh-start reporting		50.00%
Reorganization value best point estimate of shareholders’ equity	$ 547,448,000
Reorganization value including noncontrolling interest	$ 553,535,000
Incremental borrowing rate	12.00%
Minimum
Reorganization Chapter11 [Line Items]
Enterprise value	$ 50,000,000
Maximum
Reorganization Chapter11 [Line Items]
Enterprise value	$ 550,000,000

Fresh Start Accounting - Reconc

Fresh Start Accounting - Reconciliation of Enterprise and Reorganization Value (Details) - USD ($) $ / shares in Units, $ in Thousands	May 06, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fresh Start Accounting [Abstract]
Enterprise value, less cash	$ 2,296,872
Less: Fair value of noncontrolling interest in consolidated subsidiaries	(6,087)
Enterprise value of the Company's interests, less cash	2,290,785
Plus: Cash, cash equivalents and restricted cash	330,282
Less: Fair value of mortgage and other indebtedness	(1,678,619)
Less: Fair value of 10% senior secured notes	(395,000)
Fair value of Successor total shareholders' equity	$ 547,448
Issuance of common stock and restricted common stock (shares)	20,000,000	784,999	1,639,236	915,226
Per share value	$ 27.37
Plus: Accounts payable and accrued liabilities	$ 335,513
Reorganization value of Successor's assets	$ 2,962,667

Fresh Start Accounting - Summar

Fresh Start Accounting - Summary of Fresh Start Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2021		Nov. 01, 2021	Oct. 31, 2021	Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
Real estate assets:
Land	$ 599,283	[1]		$ 602,015	$ 695,711	[1]
Buildings and improvements	1,173,106	[1]		1,179,458	5,135,074	[1]
Real estate assets	1,772,389	[1]		1,781,473	5,830,785	[1]
Real estate investment property, net, before developments in progress	1,752,450	[1]		1,781,473	3,589,364	[1]
Developments in progress	16,665	[1]		15,858	28,327	[1]
Net investment in real estate assets	1,769,115	[1]		1,797,331	3,617,691	[1]
Cash and cash equivalents	169,554	[1]		260,207	61,781	[1]	$ 32,816
Receivables:
Tenant	25,190	[1]		20,913	103,655	[1]
Other	4,409	[1]		5,310	5,958	[1]
Mortgage and other notes receivable	384	[1]		397	2,337	[1]
Investments in unconsolidated affiliates	103,655	[1]		121,841	279,355	[1]
In-place leases, net	384,705	[1]		413,530	5,682	[1]
Above market leases, net	234,286	[1]		244,996	2,021	[1]
Intangible lease assets and other assets	104,685	[1]		98,142	132,189	[1]
Total assets	2,945,979	[1]		2,962,667	4,443,740	[1]	4,622,346
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgage and other indebtedness, net	1,813,209			1,678,619	1,184,831
Senior secured notes	395,395		$ 455,000	395,000
Below market leases, net	151,871			159,243	6,051
Accounts payable and accrued liabilities	184,404			176,270	167,336
Total liabilities not subject to compromise	2,544,879	[1]		2,409,132	1,358,218	[1]
Liabilities subject to compromise					2,551,490
Commitments and contingencies (Note 10 and Note 16)
Redeemable noncontrolling interests					(265)
Shareholders' equity:
Successor common stock, $.001 par value, 200,000,000 shares authorized, 20,774,716 issued and outstanding in 2021				20
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Additional paid-in capital	547,726			547,428	1,986,269
Retained earnings (dividends in excess of cumulative earnings)	(151,545)				(1,456,435)
Total shareholders' equity	396,199			547,448	531,843
Noncontrolling interests	4,901			6,087	2,454
Total equity	401,100			553,535	534,297		$ 861,865	$ 1,032,165
Total liabilities, redeemable noncontrolling interests and equity	$ 2,945,979			2,962,667	4,443,740
Series D Preferred Stock
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding					18
Series E Preferred Stock
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding					$ 7
Predecessor
Real estate assets:
Land				625,098
Buildings and improvements				4,839,923
Real estate assets				5,465,021
Accumulated depreciation				(2,252,275)
Real estate investment property, net, before developments in progress				3,212,746
Developments in progress				15,858
Net investment in real estate assets				3,228,604
Cash and cash equivalents				498,260
Receivables:
Tenant				70,664
Other				4,056
Mortgage and other notes receivable				397
Investments in unconsolidated affiliates				246,823
In-place leases, net				6,895
Above market leases, net				3,611
Intangible lease assets and other assets				150,784
Total assets				4,210,094
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgage and other indebtedness, net				1,016,557
Below market leases, net				5,576
Accounts payable and accrued liabilities				215,675
Total liabilities not subject to compromise				1,237,808
Liabilities subject to compromise				2,551,439
Commitments and contingencies (Note 10 and Note 16)
Redeemable noncontrolling interests				(1,032)
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Predecessor common stock, $.01 par value, 350,000,000 shares authorized, 196,569,917 issued and outstanding in 2020				1,976
Additional paid-in capital				1,986,769
Retained earnings (dividends in excess of cumulative earnings)				(1,553,835)
Total shareholders' equity				434,935
Noncontrolling interests				(13,056)
Total equity				421,879
Total liabilities, redeemable noncontrolling interests and equity				4,210,094
Predecessor | Series D Preferred Stock
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding				18
Predecessor | Series E Preferred Stock
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding				7
Reorganization Adjustments
Real estate assets:
Cash and cash equivalents				(238,053)
Receivables:
Other				1,254
Total assets				(236,799)
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgage and other indebtedness, net				1,032,508
Senior secured notes				395,000
Accounts payable and accrued liabilities				(7,431)
Total liabilities not subject to compromise				1,420,077
Liabilities subject to compromise				(2,551,439)
Commitments and contingencies (Note 10 and Note 16)
Redeemable noncontrolling interests				1,032
Shareholders' equity:
Successor common stock, $.001 par value, 200,000,000 shares authorized, 20,774,716 issued and outstanding in 2021				20
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Predecessor common stock, $.01 par value, 350,000,000 shares authorized, 196,569,917 issued and outstanding in 2020				(1,976)
Additional paid-in capital				487,721
Retained earnings (dividends in excess of cumulative earnings)				405,864
Total shareholders' equity				891,604
Noncontrolling interests				1,927
Total equity				893,531
Total liabilities, redeemable noncontrolling interests and equity				(236,799)
Reorganization Adjustments | Series D Preferred Stock
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding				(18)
Reorganization Adjustments | Series E Preferred Stock
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding				(7)
Fresh Start Accounting Adjustments
Real estate assets:
Land				(23,083)
Buildings and improvements				(3,660,465)
Real estate assets				(3,683,548)
Accumulated depreciation				2,252,275
Real estate investment property, net, before developments in progress				(1,431,273)
Net investment in real estate assets				(1,431,273)
Receivables:
Tenant				(49,751)
Investments in unconsolidated affiliates				(124,982)
In-place leases, net				406,635
Above market leases, net				241,385
Intangible lease assets and other assets				(52,642)
Total assets				(1,010,628)
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY
Mortgage and other indebtedness, net				(370,446)
Below market leases, net				153,667
Accounts payable and accrued liabilities				(31,974)
Total liabilities not subject to compromise				(248,753)
Commitments and contingencies (Note 10 and Note 16)
Predecessor preferred stock, $.01 par value, 15,000,000 shares authorized:
Additional paid-in capital				(1,927,062)
Retained earnings (dividends in excess of cumulative earnings)				1,147,971
Total shareholders' equity				(779,091)
Noncontrolling interests				17,216
Total equity				(761,875)
Total liabilities, redeemable noncontrolling interests and equity				$ (1,010,628)
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12

Fresh Start Accounting - Summ_2

Fresh Start Accounting - Summary of Fresh Start Consolidated Balance Sheet (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 02, 2020	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Nov. 01, 2021
Reorganization Chapter11 [Line Items]
Fair value carrying amount				$ 2,092,298	$ 133,000
Preferred stock, par value (USD per share)			$ 0.01
Preferred stock authorized (shares)			15,000,000
Common stock, par value (USD per share)			$ 0.01	$ 0.001
Common stock authorized (shares)			350,000,000	200,000,000
Common stock issued (shares)			196,569,917	20,774,716
Common stock outstanding (shares)			196,569,917	20,774,716
Series D Preferred Stock
Reorganization Chapter11 [Line Items]
Preferred stock outstanding (shares)			1,815,000
Dividend rate of preferred stock (as a percent)	7.375%		7.375%
Series E Preferred Stock
Reorganization Chapter11 [Line Items]
Preferred stock outstanding (shares)			690,000
Dividend rate of preferred stock (as a percent)	6.625%		6.625%
10% Senior Secured Notes
Reorganization Chapter11 [Line Items]
Fair value carrying amount		$ 395,000		$ 395,000
Predecessor
Reorganization Chapter11 [Line Items]
Preferred stock, par value (USD per share)		$ 0.01
Preferred stock authorized (shares)		15,000,000
Common stock, par value (USD per share)		$ 0.01
Common stock authorized (shares)		350,000,000
Common stock issued (shares)		196,569,917
Common stock outstanding (shares)		196,569,917
Predecessor | Series D Preferred Stock
Reorganization Chapter11 [Line Items]
Preferred stock outstanding (shares)		1,815,000
Dividend rate of preferred stock (as a percent)		7.375%
Predecessor | Series E Preferred Stock
Reorganization Chapter11 [Line Items]
Preferred stock outstanding (shares)		690,000
Dividend rate of preferred stock (as a percent)		6.625%
Reorganization Adjustments
Reorganization Chapter11 [Line Items]
Preferred stock, par value (USD per share)		$ 0.01
Preferred stock authorized (shares)		15,000,000
Common stock, par value (USD per share)		$ 0.01		$ 0.001
Common stock authorized (shares)		350,000,000		200,000,000
Common stock issued (shares)		196,569,917		20,774,716
Common stock outstanding (shares)		196,569,917		20,774,716
Reorganization Adjustments | Series D Preferred Stock
Reorganization Chapter11 [Line Items]
Preferred stock outstanding (shares)		1,815,000
Dividend rate of preferred stock (as a percent)		7.375%
Reorganization Adjustments | Series E Preferred Stock
Reorganization Chapter11 [Line Items]
Preferred stock outstanding (shares)		690,000
Dividend rate of preferred stock (as a percent)		6.625%

Fresh Start Accounting - Summ_3

Fresh Start Accounting - Summary of Change in Cash and Cash Equivalents (Details) - Cash and Cash Equivalents $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Cash And Cash Equivalents [Line Items]
Payment of professional fees	$ (27,170)
Redemption of Secured Notes	(60,117)
Total	(238,053)
Exchangeable Notes
Cash And Cash Equivalents [Line Items]
Proceeds from Exchangeable Notes	50,000
Unsecured Claim Holders
Cash And Cash Equivalents [Line Items]
Payment for the settlement	(98,801)
Predecessor Secured Credit Facility
Cash And Cash Equivalents [Line Items]
Payment for the settlement	(100,000)
Exit Credit Agreement
Cash And Cash Equivalents [Line Items]
Payment for the settlement	(1,192)
Exchangeable Notes and Secured Notes
Cash And Cash Equivalents [Line Items]
Payment for the settlement	$ (773)

Fresh Start Accounting - Summ_4

Fresh Start Accounting - Summary of Reorganization Adjustments in Mortgage and Other Indebtedness (Details) - Mortgage and Other Indebtedness $ in Thousands	Dec. 31, 2021USD ($)
Participating Mortgage Loans [Line Items]
Mortgage and other indebtedness	$ 1,032,508
Exit Credit Agreement
Participating Mortgage Loans [Line Items]
Mortgage and other indebtedness	883,700
Exchangeable Notes
Participating Mortgage Loans [Line Items]
Mortgage and other indebtedness	150,000
Deferred Financing Costs Related to Exit Credit Agreement
Participating Mortgage Loans [Line Items]
Mortgage and other indebtedness	$ (1,192)

Fresh Start Accounting - Summ_5

Fresh Start Accounting - Summary of Reorganization Adjustments in Mortgage and Other Indebtedness (Parenthetical) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Fresh Start Accounting [Abstract]
Issuance of secured notes	$ 455,000
Redemption on secured notes	$ 60,000

Fresh Start Accounting - Summ_6

Fresh Start Accounting - Summary of Settlement of Liabilities (Details) - Reorganization Adjustments - USD ($) $ in Thousands	1 Months Ended	10 Months Ended
	Oct. 31, 2021	Oct. 31, 2021
Reorganization Chapter11 [Line Items]
Liabilities subject to compromise	$ 2,551,439
Issuance of Exit Credit Agreement	(983,700)
Issuance of Secured Notes	(555,773)
Equity issued on the Effective Date in settlement of liabilities subject to compromise	(487,479)
Payment to various creditors	(102,060)
Gain on settlement of liabilities subject to compromise	$ 422,427	$ 422,427

Fresh Start Accounting - Summ_7

Fresh Start Accounting - Summary of Net Change in Predecessor Common Stock (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020
Reorganization Chapter11 [Line Items]
Net change in Predecessor common stock	$ 21		$ 1,966
Reorganization Adjustments
Reorganization Chapter11 [Line Items]
Conversion of Predecessor equity		$ 20
Cancellation of Predecessor common stock		(1,996)
Net change in Predecessor common stock		$ (1,976)

Fresh Start Accounting - Summ_8

Fresh Start Accounting - Summary of Change in Additional Paid-in Capital (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020
Reorganization Chapter11 [Line Items]
Additional paid-in capital	$ 547,726	$ 547,428	$ 1,986,269
Reorganization Adjustments
Reorganization Chapter11 [Line Items]
Issuance of Successor common stock to creditors		487,462
Issuance of Successor common stock to Predecessor equity holders		(2)
Cancellation of Predecessor common stock and preferred stock		2,021
Other adjustments		(1,760)
Additional paid-in capital		$ 487,721

Fresh Start Accounting - Summ_9

Fresh Start Accounting - Summary of Change in Dividends in Excess of Cumulative Earnings (Details) - USD ($) $ in Thousands	1 Months Ended	10 Months Ended
	Oct. 31, 2021	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Reorganization Chapter11 [Line Items]
Retained earnings (dividends in excess of cumulative earnings)			$ (151,545)	$ (1,456,435)
Reorganization Adjustments
Reorganization Chapter11 [Line Items]
Gain on settlement of liabilities subject to compromise	$ 422,427	$ 422,427
Payment of professional fees	(16,563)
Retained earnings (dividends in excess of cumulative earnings)	$ 405,864	$ 405,864

Fresh Start Accounting - Sum_10

Fresh Start Accounting - Summary of Fair Value Adjustments, Net, in Intangible Lease Assets and Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	[1]	Oct. 31, 2021	Dec. 31, 2020	[1]
Reorganization Chapter11 [Line Items]
Intangible lease assets and other assets	$ 104,685		$ 98,142	$ 132,189
Fresh Start Accounting Adjustments
Reorganization Chapter11 [Line Items]
Intangible lease assets			(52,761)
Corporate assets			293
Right-of-use lease assets			(174)
Intangible lease assets and other assets			$ (52,642)
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12

Fresh Start Accounting - Sum_11

Fresh Start Accounting - Summary of Fair Value Adjustments, Net, in Intangible Lease Assets and Other Assets (Parenthetical) (Details) - Fresh Start Accounting Adjustments $ in Thousands	Oct. 31, 2021USD ($)
Reorganization Chapter11 [Line Items]
Fair value adjustments related to property level debt	$ 373,542
Fair value adjustments related to write-off of unamortized property level deferred financing costs	$ 3,096

Fresh Start Accounting - Sum_12

Fresh Start Accounting - Summary of Fair Value Adjustments, Net, In Accounts Payable And Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020
Reorganization Chapter11 [Line Items]
Accounts payable and accrued liabilities	$ 184,404	$ 176,270	$ 167,336
Fresh Start Accounting Adjustments
Reorganization Chapter11 [Line Items]
Investment in unconsolidated affiliates		(31,682)
Write-off of deferred revenue		(91)
Lease liabilities		(201)
Accounts payable and accrued liabilities		$ (31,974)

Fresh Start Accounting - Sum_13

Fresh Start Accounting - Summary of Fair Value Adjustments, Net, In Accounts Payable And Accrued Liabilities (Parenthetical) (Details) $ in Thousands	Oct. 31, 2021USD ($)
Fresh Start Accounting Adjustments
Reorganization Chapter11 [Line Items]
Additional paid-in capital amount includes to Predecessor shareholders and common unitholders	$ 60,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Real Estate Assets (Details) - USD ($)	2 Months Ended		10 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 21, 2021	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite Lived Intangible Assets [Line Items]
Net amortization expense of acquired intangibles		$ 32,164,000	$ 1,195,000		$ 1,460,000	$ 4,506,000
Future amortization expense, 2022	$ 150,606,000			$ 150,606,000
Future amortization expense, 2023	104,777,000			104,777,000
Future amortization expense, 2024	69,285,000			69,285,000
Future amortization expense, 2025	45,037,000			45,037,000
Future amortization expense, 2026	28,199,000			28,199,000
Interest expense capitalized	216,000		$ 0		1,640,000	$ 2,504,000
Intangible Lease Assets And Other Assets | Above-market/Below-market leases
Finite Lived Intangible Assets [Line Items]
Intangible lease assets and liabilities, Cost	244,575,000			244,575,000	18,416,000
Intangible lease assets and liabilities, Accumulated Amortization	(10,289,000)			(10,289,000)	(16,395,000)
Intangible Lease Assets And Other Assets | In-place leases
Finite Lived Intangible Assets [Line Items]
Intangible lease assets and liabilities, Cost	412,683,000			412,683,000	59,472,000
Intangible lease assets and liabilities, Accumulated Amortization	(27,979,000)			(27,979,000)	(53,790,000)
Intangible Lease Assets And Other Assets | Tenant relationships
Finite Lived Intangible Assets [Line Items]
Intangible lease assets and liabilities, Cost	86,000			86,000	34,630,000
Intangible lease assets and liabilities, Accumulated Amortization					(7,909,000)
Accounts Payable and Accrued Liabilities | Above-market/Below-market leases
Finite Lived Intangible Assets [Line Items]
Intangible lease assets and liabilities, Cost	158,300,000			158,300,000	42,274,000
Intangible lease assets and liabilities, Accumulated Amortization	$ (6,429,000)			$ (6,429,000)	$ (36,224,000)
Buildings
Finite Lived Intangible Assets [Line Items]
Estimated useful life				30 years
Buildings | Minimum
Finite Lived Intangible Assets [Line Items]
Estimated useful life				30 years
Buildings | Maximum
Finite Lived Intangible Assets [Line Items]
Estimated useful life				40 years
Certain Improvements | Minimum
Finite Lived Intangible Assets [Line Items]
Estimated useful life				10 years
Certain Improvements | Maximum
Finite Lived Intangible Assets [Line Items]
Estimated useful life				20 years
Equipment and Fixtures | Minimum
Finite Lived Intangible Assets [Line Items]
Estimated useful life				5 years
Equipment and Fixtures | Maximum
Finite Lived Intangible Assets [Line Items]
Estimated useful life				10 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Accounts Receivable (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in estimate of uncollectable revenues	$ 1,008	$ 5,692	$ 49,329	$ 3,463
Accounts Receivable
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in estimate of uncollectable revenues	1,008	5,692	48,240
Straight line rent receivables	$ 1,717	$ 2,806	$ 5,603

Summary of Significant Accoun_6

Summary of Significant Accounting Policies -Summary of Allowance for Doubtful Accounts (Details) - Allowance for Tenant Receivables $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Balance, beginning of year	$ 2,337
Additions in allowance charged to expense	0
Bad debts charged against allowance	(2,337)
Balance, end of year	$ 0

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Carrying Value of Long-Lived Assets (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Impairment charges of real estate		$ 146,781	$ 146,781	$ 213,358	$ 239,521
Malls
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Impairment charges of real estate	$ 0	$ 146,781

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Restricted Cash (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Restricted Cash And Cash Equivalents Items [Line Items]
Restricted cash	$ 66,644	$ 59,941

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Investments in Unconsolidated Affiliates (Details) - USD ($)	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Impairment charges	$ 0	$ 0	$ 0	$ 0

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Deferred Financing Costs (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Unamortized deferred financing costs	$ 1,567		$ 3,433
Amortization expense	51	$ 814	5,476	$ 7,000
Accumulated amortization	19		7,354
Reorganization Items, Net
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Unamortized deferred financing costs			16,779
Mortgage and Other Indebtedness
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Unamortized deferred financing costs	$ 1,568		$ 3,433

Summary of Significant Accou_11

Summary of Significant Accounting Policies - Income Taxes (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
State tax expense	$ 142	$ 2,992	$ 2,882	$ 3,682
Current tax provision	(4,968)	(1,078)	(2,278)	(485)
Deferred tax provision	10,853		(14,558)	(2,668)
Income tax provision	5,885	$ (1,078)	(16,836)	$ (3,153)
Deferred tax asset valuation allowance			16,206
Net deferred tax asset	$ 10,853		$ 0

Summary of Significant Accou_12

Summary of Significant Accounting Policies - Concentration of Credit Risk (Details)	12 Months Ended
	Dec. 31, 2021
Customer Concentration Risk | Revenues | Minimum
Concentration Risk [Line Items]
Concentration risk (as a percent)	4.00%

Summary of Significant Accou_13

Summary of Significant Accounting Policies - Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2021	Jan. 01, 2022	Nov. 01, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock issued (shares)	20,774,716			196,569,917
Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock issued (shares)	20,774,716		20,000,000
Potentially dilutive securities excluded from the computation of EPS (shares)	0
Antidilutive securities excluded from the computation of EPS (shares)	0
Performance Shares | Subsequent Event | CBL Associates Properties Inc
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock issued (shares)		550,000

Revenues - Disaggregation of Re

Revenues - Disaggregation of Revenue (Details) - USD ($) $ in Thousands		2 Months Ended	10 Months Ended	12 Months Ended
		Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation Of Revenue [Line Items]
Rental revenues		$ 103,252	$ 450,922	$ 554,064	$ 736,878
Revenues from contracts with customers (ASC 606):		4,785	13,755	18,541	25,192
Total revenues	[1]	108,846	468,029	575,861	768,696
Malls
Disaggregation Of Revenue [Line Items]
Total revenues	[1],[2]	95,057	411,280	520,643	699,698
Operating expense reimbursements
Disaggregation Of Revenue [Line Items]
Revenues from contracts with customers (ASC 606):		1,173	6,542	9,025	9,783
Operating expense reimbursements | Malls
Disaggregation Of Revenue [Line Items]
Revenues from contracts with customers (ASC 606):		1,100	5,720	8,638	9,404
Operating expense reimbursements | All Other Segments
Disaggregation Of Revenue [Line Items]
Revenues from contracts with customers (ASC 606):		73	822	387	379
Management, development and leasing fees
Disaggregation Of Revenue [Line Items]
Revenues from contracts with customers (ASC 606):		1,500	5,642	6,800	9,350
Marketing revenues
Disaggregation Of Revenue [Line Items]
Revenues from contracts with customers (ASC 606):		2,112	1,571	2,716	6,059
Other revenues
Disaggregation Of Revenue [Line Items]
Total revenues		$ 809	$ 3,352	$ 3,256	$ 6,626
[1]	Management, development and leasing fees are included in All Other category. See Note 5
[2]	The Malls category includes malls, lifestyle centers and outlet centers.

Revenues - Narrative (Details)

Revenues - Narrative (Details)	12 Months Ended
	Dec. 31, 2021
Revenue From Contract With Customer [Abstract]
Lease commission recognized upon lease execution (as a percent)	50.00%

Revenues - Remaining Performanc

Revenues - Remaining Performance Obligations (Details) $ in Thousands	Dec. 31, 2021USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligation	$ 109,490
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2022-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligation	$ 21,619
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	5 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2027-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligation	$ 46,358
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	15 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2042-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Remaining performance obligation	$ 41,513
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	20 years

Revenues - Remaining Performa_2

Revenues - Remaining Performance Obligations (Details1) $ in Thousands	Dec. 31, 2021USD ($)
Revenue From Contract With Customer [Abstract]
Remaining performance obligation	$ 109,490

Leases - Narrative (Details)

Leases - Narrative (Details)	12 Months Ended
	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Tenant reimbursements period related to certain capital expenditure minimum	5 years
Tenant reimbursements period related to certain capital expenditure maximum	15 years
Weighted-average remaining term of operating leases	41 years
Weighted-average discount rate of operating leases (as a percent)	12.00%
Minimum
Lessee, Lease, Description [Line Items]
Operating lease renewal term	5 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease renewal term	10 years

Leases - Components of Rental R

Leases - Components of Rental Revenue (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Financial Designation, Predecessor and Successor [Fixed List]	Successor	Predecessor	Predecessor	Predecessor
Fixed lease payments	$ 75,740	$ 271,221	$ 459,958	$ 607,259
Variable lease payments	27,512	179,701	94,106	129,619
Total rental revenues	$ 103,252	$ 450,922	$ 554,064	$ 736,878

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments to be Received (Details) $ in Thousands	Dec. 31, 2021USD ($)
Operating Leases
2022	$ 343,443
2023	294,118
2024	236,667
2025	182,554
2026	133,875
Thereafter	301,293
Total undiscounted lease payments	$ 1,491,950

Leases - Right-of-Use Asset and

Leases - Right-of-Use Asset and Lease Liability Activity (Details) - USD ($) $ in Thousands	2 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
ROU Asset
Balance at beginning of period	$ 2,975	$ 3,804
Cash reduction	(58)	(373)
Noncash increase	53	(128)
Balance at end of period	$ 2,970	$ 3,303
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Assets	Assets
Balance at beginning of period	$ 2,975	$ 3,804
Balance at end of period	2,970	3,303
Lease Liability
Balance at beginning of period	2,975	3,837
Cash reduction	(58)	(373)
Noncash increase	59	(134)
Balance at end of period	$ 2,976	$ 3,330
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accounts payable and accrued liabilities	Accounts payable and accrued liabilities

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Financial Designation, Predecessor and Successor [Fixed List]	Successor	Predecessor	Predecessor	Predecessor
Lease expense:
Operating lease expense	$ 47	$ 448	$ 462	$ 547
Variable lease expense	14	246	223	348
Total lease expense	$ 61	$ 694	$ 685	$ 895

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Undiscounted Future Operating Lease Payments after Adoption of ASC 842
Operating lease payments, Year one	$ 351
Operating lease payments, Year two	351
Operating lease payments, Year three	351
Operating lease payments, Year four	353
Operating lease payments, Year five	361
Thereafter	14,302
Total undiscounted lease payments	16,069
Less imputed interest	(13,093)
Lease liability	$ 2,976	$ 2,975	$ 3,330	$ 3,837

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2019	Dec. 31, 2019
Business Acquisition [Line Items]
Payments to acquire real estate		$ 5,700
West Towne Mall Boston
Business Acquisition [Line Items]
Payments to acquire real estate	$ 5,700

DISPOSITIONS - Summary (Details

DISPOSITIONS - Summary (Details) $ in Thousands	1 Months Ended		2 Months Ended	10 Months Ended	12 Months Ended
	Jun. 30, 2019USD ($)	Jan. 31, 2019USD ($)	Dec. 31, 2021USD ($)	Oct. 31, 2021USD ($)outparcelAnchor	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)outparcel	Dec. 31, 2019USD ($)outparceljoint_venture
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain on sales of real estate assets			$ (3)	$ 12,187		$ 4,696	$ 16,274
Loss on impairment				146,781	$ 146,781	213,358	239,521
Gross Sales Price							120,308
Net Sales Price							118,383
Gain/(Loss)							8,246
Acadiana Mall
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net Sales Price		$ 4,000
Malls
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Loss on impairment			$ 0	146,781
Cary Towne Center | Malls
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							31,500
Net Sales Price							31,068
Honey Creek Mall
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Loss on impairment					$ 2,284
Honey Creek Mall | Malls
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							14,600
Net Sales Price							14,360
The Shoppes at Hickory Point | Malls
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							2,508
Net Sales Price							2,407
Gain/(Loss)							1,326
Courtyard by Marriott at Pearland Town Center | All Other
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							15,100
Net Sales Price							14,795
Gain/(Loss)							1,910
850 Greenbrier Circle | All Other
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							10,500
Net Sales Price							10,332
Gain/(Loss)							96
Kroger at Foothills Plaza | All Other
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							2,350
Net Sales Price							2,267
Gain/(Loss)							1,139
The Forum at Grandview | All Other
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							31,750
Net Sales Price							31,606
Gain/(Loss)							47
Barnes & Noble parcel | All Other
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							2,000
Net Sales Price							1,899
Gain/(Loss)							821
Dick's Sporting Goods at Hanes Mall | All Other
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gross Sales Price							10,000
Net Sales Price							9,649
Gain/(Loss)							2,907
The Forumat Grandview
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Loss on impairment	$ 8,582
Outparcel Sale
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain on sales of real estate assets				$ 12,187		$ 4,696	$ 6,434
Number of stores sold (outparcel) | outparcel				4		8	5
Number of joint venture | joint_venture							3
Gain (loss) on sale of outparcels							$ 33
Number of anchor | Anchor				4
Gross proceeds from sale of property held-for-sale				$ 34,293
Parkdale Self Storage L L C
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (loss) related to land contributed							$ 1,627

DISPOSITIONS - Gain on Extingui

DISPOSITIONS - Gain on Extinguishment of Debt (Details) - USD ($) $ in Thousands	1 Months Ended			12 Months Ended
	Dec. 31, 2020	Aug. 31, 2020	Jan. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Balance of Non-recourse Debt		$ 27,446	$ 119,760
Gain on Extinguishment of Debt		$ 15,446	61,795	$ 32,521	$ 71,722
Hickory Point Mall | Malls | Forsyth, IL
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Balance of Non-recourse Debt	$ 64,233
Gain on Extinguishment of Debt	$ 17,075
Burnsville Center | Malls | Burnsville, MN
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Balance of Non-recourse Debt				91,679
Gain on Extinguishment of Debt				$ 32,521
Acadiana Mall | Malls | Forsyth, IL
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Balance of Non-recourse Debt			43,716
Gain on Extinguishment of Debt			$ 9,927
Cary Towne Center | Malls | Burnsville, MN
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Balance of Non-recourse Debt					163,476
Gain on Extinguishment of Debt					$ 71,722

DISPOSITIONS - Gain on Exting_2

DISPOSITIONS - Gain on Extinguishment of Debt (Parenthetical) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jan. 31, 2019	Dec. 31, 2019
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net Sales Price		$ 118,383
Cary Towne Center
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net Sales Price	$ 31,500

Unconsolidated Affiliates - Com

Unconsolidated Affiliates - Company Investments (Details)	Dec. 31, 2021entity
Schedule Of Equity Method Investments [Line Items]
Number of entities - equity method of accounting (entity)	26
Number of 50/50 joint ventures	14
Minimum
Schedule Of Equity Method Investments [Line Items]
Ownership interest in joint venture (as a percent)	20.00%
Maximum
Schedule Of Equity Method Investments [Line Items]
Ownership interest in joint venture (as a percent)	100.00%

Unconsolidated Affiliates - Joi

Unconsolidated Affiliates - Joint Ventures (Details) - USD ($)

Jan. 01, 2022

Dec. 31, 2021

Mar. 31, 2021

Feb. 29, 2020

Nov. 30, 2019

Oct. 31, 2019

Sep. 30, 2019

Aug. 31, 2019

May 31, 2019

Dec. 31, 2021

Jun. 30, 2020

Oct. 31, 2021

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Nov. 01, 2021

Jul. 31, 2019

Nov. 30, 2018

Schedule Of Equity Method Investments [Line Items]

Long-lived assets

$ 120,290,000

$ 120,290,000

$ 120,290,000

$ 120,290,000

$ 268,830,000

$ 199,740,000

Gain on deconsolidation

19,126,000

55,131,000

67,242,000

Secured loan

395,395,000

395,395,000

395,000,000

395,395,000

$ 455,000,000

Proceeds after factoring in its share of outstanding debt

7,103,000

Fair value carrying amount

$ 2,092,298,000

2,092,298,000

$ 2,092,298,000

$ 133,000,000

Gain on sales of real estate assets

$ (3,000)

12,187,000

$ 4,696,000

$ 16,274,000

Interest rate percentage

10.00%

10.00%

10.00%

Asheville Mall and Park Plaza

Schedule Of Equity Method Investments [Line Items]

Long-lived assets

0

Gain on deconsolidation

$ 55,131,000

Springs at Port Orange

Schedule Of Equity Method Investments [Line Items]

Secured loan

$ 44,400,000

$ 44,400,000

$ 44,400,000

EastGate Mall CMBS, LLC

Schedule Of Equity Method Investments [Line Items]

Long-lived assets

0

$ 0

0

Gain on deconsolidation

$ 19,126,000

EastGate Storage, LLC, Hamilton Place Self Storage, LLC, Parkdale Self Storage, LLC and Self-Storage at Mid Rivers, LLC

Schedule Of Equity Method Investments [Line Items]

Gross proceeds

42,000,000

Pay off total outstanding debt secured by property

25,855,000

Amount received after the proceeds used to pay off outstanding debt

$ 7,637,000

Ambassador Infrastructure, LLC

Schedule Of Equity Method Investments [Line Items]

Loan maturity date

Mar. 31, 2025

Loan agreement term

4 years

Line of credit fixed interest rate

3.00%

3.00%

3.00%

Loan outstanding balance

$ 8,250,000

$ 8,250,000

$ 8,250,000

Amount paid in conjunction with modification

$ 1,110,000

Debtors emerged from bankruptcy date

Nov. 1, 2021

Debt instrument, term

4 years

Port Orange I, LLC

Schedule Of Equity Method Investments [Line Items]

Loan maturity date

Feb. 28, 2026

Loan agreement term

4 years

Loan outstanding balance

51,548,000

51,548,000

$ 51,548,000

Debtors emerged from bankruptcy date

Nov. 1, 2021

Loan term of extension option

1 year

Debt instrument, term

4 years

Port Orange I, LLC | CBL Associates Properties Inc

Schedule Of Equity Method Investments [Line Items]

Loan outstanding balance

25,774,000

25,774,000

25,774,000

Port Orange I, LLC | LIBOR in Year One

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.50%

Port Orange I, LLC | LIBOR in Year Two

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.50%

Port Orange I, LLC | LIBOR in Year Three

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.75%

Port Orange I, LLC | LIBOR in Year Four

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

3.00%

Port Orange I, LLC | LIBOR in Year Five

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

3.25%

West Melbourne I, LLC

Schedule Of Equity Method Investments [Line Items]

Loan maturity date

Feb. 28, 2026

Loan agreement term

4 years

Debtors emerged from bankruptcy date

Nov. 1, 2021

Loan term of extension option

1 year

Loans in default, aggregate outstanding balance

52,910,000

52,910,000

52,910,000

Debt instrument, term

4 years

West Melbourne I, LLC | CBL Associates Properties Inc

Schedule Of Equity Method Investments [Line Items]

Loans in default, aggregate outstanding balance

$ 26,454,000

$ 26,454,000

$ 26,454,000

West Melbourne I, LLC | LIBOR in Year One

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.50%

West Melbourne I, LLC | LIBOR in Year Two

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.50%

West Melbourne I, LLC | LIBOR in Year Three

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.75%

West Melbourne I, LLC | LIBOR in Year Four

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

3.00%

West Melbourne I, LLC | LIBOR in Year Five

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

3.25%

York Town Center Holding, LP | Subsequent Event | Nonrecourse

Schedule Of Equity Method Investments [Line Items]

Loan agreement term

3 years

Fair value carrying amount

$ 30,000,000

Debt Instrument, Interest Rate, Effective Percentage

4.75%

Debt instrument, term

3 years

Atlanta Outlet JV, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership interest in joint venture (as a percent)

50.00%

50.00%

Amount

$ 4,680,000

Debt instrument, maturity date

Nov. 30, 2023

Maximum guarantee (as a percent)

100.00%

Proportion of ownership in variable interest entity sold (as a percent)

25.00%

Proceeds from sale of land

$ 20,778,000

Related debt as part of proceeds from sale of land

11,440,000

Gain (loss) on investment/deconsolidation

56,067,000

Gain on sales of real estate assets

$ 12,939,000

Proportion of ownership in variable interest entity sold (as a percent)

25.00%

Gain (loss) related to marking investment to fair value

$ 43,128,000

Atlanta Outlet JV, LLC | LIBOR

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.50%

BI Development II, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership in variable interest entity (as a percent)

20.00%

BI Development, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership in variable interest entity (as a percent)

20.00%

Bullseye, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership in variable interest entity (as a percent)

20.00%

El Paso Outlet Center Holding, LLC and El Paso Outlet Outparcels, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership interest in joint venture (as a percent)

50.00%

Proportion of ownership in variable interest entity sold (as a percent)

25.00%

Proceeds from sale of land

$ 27,750,000

Related debt as part of proceeds from sale of land

18,525,000

Gain (loss) on investment/deconsolidation

11,174,000

Gain on sales of real estate assets

3,884,000

Gain (loss) related to marking investment to fair value

$ 7,290,000

G&I VIII CBL Triangle LLC

Schedule Of Equity Method Investments [Line Items]

Ownership interest in joint venture (as a percent)

90.00%

Real estate investments

$ 0

Hamilton Place Self Storage, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership interest in joint venture (as a percent)

54.00%

Amount

$ 7,002,000

Maximum guarantee (as a percent)

100.00%

Gain on sales of real estate assets

$ 187,000

Maximum guarantee, backup guaranty (as a percent)

50.00%

Hamilton Place Self Storage, LLC | LIBOR

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.75%

Mall of South Carolina L.P.

Schedule Of Equity Method Investments [Line Items]

Amount

$ 7,959,000

Debt instrument, maturity date

Nov. 30, 2024

Debt Fixed Interest Rate

5.05%

Parkdale Self Storage, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership interest in joint venture (as a percent)

50.00%

Amount

$ 6,500,000

Debt instrument, maturity date

Jul. 31, 2024

Maximum guarantee (as a percent)

100.00%

Gain on sales of real estate assets

$ 433,000

Interest rate percentage

5.25%

Parkdale Self Storage, LLC | LIBOR

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.80%

Vision-CBL Hamilton Place, LLC

Schedule Of Equity Method Investments [Line Items]

Ownership interest in joint venture (as a percent)

50.00%

Amount

$ 16,800,000

Debt instrument, maturity date

Nov. 30, 2024

Gain on sales of real estate assets

$ 1,381,000

Vision-CBL Hamilton Place, LLC | LIBOR

Schedule Of Equity Method Investments [Line Items]

Basis spread on variable rate (as a percent)

2.45%

Unconsolidated Affiliates - Sum

Unconsolidated Affiliates - Summarized Financial Information (Details) - USD ($) $ in Thousands		2 Months Ended		10 Months Ended	12 Months Ended
		Dec. 31, 2021		Oct. 31, 2021	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019	Dec. 31, 2018
ASSETS:
Investment in real estate assets		$ 1,772,389	[1]	$ 1,781,473	$ 1,772,389	[1]	$ 5,830,785	[1]
Accumulated depreciation	[1]	(19,939)			(19,939)		(2,241,421)
Net investment in real estate assets		1,769,115	[1]	1,797,331	1,769,115	[1]	3,617,691	[1]
Developments in progress		16,665	[1]	15,858	16,665	[1]	28,327	[1]
Total assets		2,945,979	[1]	2,962,667	2,945,979	[1]	4,443,740	[1]	$ 4,622,346
LIABILITIES:
Mortgage and other indebtedness, net		1,813,209		1,678,619	1,813,209		1,184,831
Shareholders' equity:
The Company		396,199		547,448	396,199		531,843
Noncontrolling interests		4,901		6,087	4,901		2,454
Total equity		401,100		553,535	401,100		534,297		861,865	$ 1,032,165
Total liabilities, redeemable noncontrolling interests and equity		2,945,979		2,962,667	2,945,979		4,443,740
Total revenues	[2]	108,846		468,029			575,861		768,696
Net loss		(152,731)		$ (486,413)			(335,529)		(131,721)
BI Development II, LLC
ASSETS:
Investment in real estate assets	[3]	2,364,154			2,364,154		2,346,124
Accumulated depreciation	[3]	(934,374)			(934,374)		(862,435)
Net investment in real estate assets	[3]	1,429,780			1,429,780		1,483,689
Developments in progress	[3]	7,288			7,288		28,138
Net investment in real estate assets	[3]	1,437,068			1,437,068		1,511,827
Other assets	[3]	188,683			188,683		174,966
Total assets	[3]	1,625,751			1,625,751		1,686,793
LIABILITIES:
Mortgage and other indebtedness, net	[3]	1,452,794			1,452,794		1,439,454
Other liabilities	[3]	64,598			64,598		45,280
Total liabilities	[3]	1,517,392			1,517,392		1,484,734
Shareholders' equity:
The Company	[3]	102,792			102,792		132,350
Noncontrolling interests	[3]	5,567			5,567		69,709
Total equity	[3]	108,359			108,359		202,059
Total liabilities, redeemable noncontrolling interests and equity	[3]	$ 1,625,751			1,625,751		1,686,793
Total revenues					251,933		213,319		221,512
Net loss	[4]				$ 58,596		$ (12,659)		$ 96,628
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12
[2]	Management, development and leasing fees are included in All Other category. See Note 5
[3]	In conjunction with fresh start accounting, the Successor Company did not elect push-down accounting for any of its unconsolidated joint ventures. Amounts reflect the inside basis in the respective joint ventures.
[4]	The Successor Company’s pro rata share of net income is $797 for the period from November 1, 2021 through December 31, 2021 and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. The Predecessor Company’s pro rata share of net loss is $10,823 for the period from January 1, 2021 through October 31, 2021 and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations. The Predecessor Company’s pro rata share of net income (loss) is $(14,854) and 4,940 for the years ended December 31, 2020 and 2019, respectively, and is included in equity in earnings (losses) of unconsolidated affiliates in the accompanying consolidated statements of operations.

Unconsolidated Affiliates - S_2

Unconsolidated Affiliates - Summarized Financial Information (Parenthetical) (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Equity Method Investments [Line Items]
Equity in earnings (losses) of unconsolidated affiliates	$ 797	$ (10,823)	$ (14,854)	$ 4,940
BI Development II, LLC
Schedule Of Equity Method Investments [Line Items]
Equity in earnings (losses) of unconsolidated affiliates	$ 797	$ 10,823	$ (14,854)	$ 4,940

Mortgage and Other Indebtedne_3

Mortgage and Other Indebtedness, Net - Narrative (Details) - USD ($) $ in Thousands	Nov. 01, 2021	Dec. 31, 2021	Oct. 31, 2021
Debt Instrument [Line Items]
Principal amount of unsecured notes	$ 1,375,000
Fair value carrying amount	133,000	$ 2,092,298
Cash	95,000
Senior secured notes	455,000	$ 395,395	$ 395,000
Exchangeable secured notes	$ 100,000
Percentage of issuance of new common equity to holders of unsecured notes	89.00%
Redemption of aggregate principal amount	$ 60,000
Fixed Rate Operating Loans
Debt Instrument [Line Items]
Weighted-average remaining term to maturity		1 year 7 months 6 days
Minimum | Fixed Rate Operating Loans
Debt Instrument [Line Items]
Interest rate of debt bearing fixed interest (as a percent)		4.36%
Maximum | Fixed Rate Operating Loans
Debt Instrument [Line Items]
Interest rate of debt bearing fixed interest (as a percent)		5.99%
Secured Credit Facility
Debt Instrument [Line Items]
Fair value carrying amount	983,700
Cash	100,000
Exchangeable secured notes	50,000
Secured Term Loan
Debt Instrument [Line Items]
Fair value carrying amount	$ 883,700

Mortgage and Other Indebtedne_4

Mortgage and Other Indebtedness, Net - Debt of Operating Partnership (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Nov. 01, 2021	Oct. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
New senior secured notes	$ 395,395	$ 455,000	$ 395,000
Mortgage notes payable	1,066,927			$ 1,120,203
Mortgage and other indebtedness, variable-rate debt	947,002			68,061
Total fixed-rate and variable-rate debt	2,013,929			1,188,264
Unamortized deferred financing costs	(1,567)			(3,433)
Debt discounts	(199,153)
Total mortgage and other indebtedness, net	$ 1,813,209		$ 1,678,619	$ 1,184,831
10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021)	10.00%
Weighted average interest rate (as a percent)	4.56%			5.10%
Interest rate percentage	10.00%
Fair value carrying amount	$ 2,092,298	$ 133,000
Weighted average interest rate subject to compromise (as a percent)				7.25%
Mortgage notes payable subject to compromise				$ 1,375,000
Mortgage and other indebtedness, variable-rate debt, subject to compromise				1,114,676
Total fixed-rate and variable-rate debt				2,489,676
Unpaid accrued interest				57,644
Total liabilities subject to compromise				$ 2,551,490
Senior Secured Facility
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	5.00%
Five Mortgage Notes Payable
Debt Instrument [Line Items]
Debt discounts	$ (131,086)
Remaining debt discount amortization period	2 years 4 months 24 days
Fixed Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	5.32%			5.12%
Weighted average interest rate subject to compromise (as a percent)				5.43%
Variable Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	3.71%			4.69%
Weighted average interest rate subject to compromise (as a percent)				9.50%
Post-Default Rate | Senior Secured Facility
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	9.50%
Non-Recourse Loans on Operating Properties
Debt Instrument [Line Items]
Mortgage notes payable	$ 916,927			$ 1,120,203
Non-Recourse Loans on Operating Properties | Fixed Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	5.04%			5.12%
Exchangeable Senior Secured Notes
Debt Instrument [Line Items]
Mortgage notes payable	$ 150,000
Exchangeable Senior Secured Notes | Fixed Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	7.00%
Recourse loans on operating Properties
Debt Instrument [Line Items]
Mortgage and other indebtedness, variable-rate debt	$ 66,911			$ 68,061
Recourse loans on operating Properties | Variable Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	3.21%			4.69%
Secured Term Loan
Debt Instrument [Line Items]
Mortgage and other indebtedness, variable-rate debt	$ 880,091
Mortgage and other indebtedness, variable-rate debt, subject to compromise				$ 438,750
Secured Term Loan | Variable Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)	3.75%
Weighted average interest rate subject to compromise (as a percent)				9.50%
10% Senior Secured Notes Due 2029
Debt Instrument [Line Items]
Fair value carrying amount	$ 395,000
Senior Unsecured Notes Due 2023
Debt Instrument [Line Items]
Mortgage notes payable subject to compromise				$ 450,000
Senior Unsecured Notes Due 2023 | Fixed Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate subject to compromise (as a percent)				5.25%
Senior Unsecured Notes Due 2024
Debt Instrument [Line Items]
Mortgage notes payable subject to compromise				$ 300,000
Senior Unsecured Notes Due 2024 | Fixed Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate subject to compromise (as a percent)				4.60%
Senior Unsecured Notes Due 2026
Debt Instrument [Line Items]
Mortgage notes payable subject to compromise				$ 625,000
Senior Unsecured Notes Due 2026 | Fixed Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate subject to compromise (as a percent)				5.95%
Secured Lineof Credit
Debt Instrument [Line Items]
Mortgage and other indebtedness, variable-rate debt, subject to compromise				$ 675,926
Secured Lineof Credit | Variable Rate Interest
Debt Instrument [Line Items]
Weighted average interest rate subject to compromise (as a percent)				9.50%
Prepetition Unsecured or under Secured Liabilities
Debt Instrument [Line Items]
Total liabilities subject to compromise				$ 4,170

Mortgage and Other Indebtedne_5

Mortgage and Other Indebtedness, Net - Fixed Rate Debt (Details) $ in Thousands	1 Months Ended
	Feb. 29, 2020USD ($)
Debt Instrument [Line Items]
Principal Balance Repaid	$ 84,546
Parkway Place
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	6.50%
Principal Balance Repaid	$ 33,186
Valley View Mall
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	6.50%
Principal Balance Repaid	$ 51,360

Mortgage and Other Indebtedne_6

Mortgage and Other Indebtedness, Net - Dispositions (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Aug. 31, 2020	Jan. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Gain on extinguishment of debt	$ 15,446	$ 61,795		$ 32,521	$ 71,722
Mortgages
Debt Instrument [Line Items]
Balance of Non-recourse Debt			$ 91,679
Gain on extinguishment of debt			$ 32,521
Mortgages | Hickory Point Mall
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			5.85%
Balance of Non-recourse Debt			$ 27,446
Gain on extinguishment of debt			$ 15,446
Mortgages | Burnsville Center
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			6.00%
Balance of Non-recourse Debt			$ 64,233
Gain on extinguishment of debt			$ 17,075

Mortgage and Other Indebtedne_7

Mortgage and Other Indebtedness, Net - Variable Rate Debt (Details) - Variable Rate Debt	Dec. 31, 2021
Minimum
Debt Instrument [Line Items]
Variable interest rate (as a percent)	3.00%
Maximum
Debt Instrument [Line Items]
Variable interest rate (as a percent)	3.35%

Mortgage and Other Indebtedne_8

Mortgage and Other Indebtedness, Net - Scheduled Principal Payments (Details) $ in Thousands	Jan. 01, 2022	Dec. 31, 2021USD ($)loan	Nov. 01, 2021USD ($)	Oct. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
2022		$ 420,213
2023		90,818
2024		112,253
2025		786,067
2026		137,947
Thereafter		545,000
Total		2,092,298	$ 133,000
Mortgage and other indebtedness, net		$ 1,813,209		$ 1,678,619	$ 1,184,831
Interest rate percentage		10.00%
Greenbrier Mall
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 61,647
Debt instrument, maturity date		Dec. 31, 2019
Parkdale Mall & Crossing
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 69,460
Debt instrument, maturity date		Mar. 31, 2021
Hamilton Crossing
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 7,868
Debt instrument, maturity date		Apr. 30, 2021
Fayette Mall
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 135,134
Debt instrument, maturity date		May 31, 2021
Fayette Mall | Subsequent Event
Debt Instrument [Line Items]
Debt instrument, maturity date	May 31, 2023
Interest rate percentage	4.25%
Debt instrument, maturity date, description	three one-year extension options
Alamance Crossing
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 42,522
Debt instrument, maturity date		Jul. 31, 2021
Mortgages
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 2,408,929
Operating Property Loan
Debt Instrument [Line Items]
2022		$ 365,953
Number of operating property loans (loan) | loan		6
Operating Property Loan | Mortgages
Debt Instrument [Line Items]
Mortgage and other indebtedness, net		$ 316,631

Shareholders' Equity - Common S

Shareholders' Equity - Common Stock and Common Units (Details) - $ / shares	Dec. 31, 2021	Nov. 01, 2021	Dec. 31, 2020
Shareholders Equity [Line Items]
Common stock, par value (USD per share)	$ 0.001		$ 0.01
Common stock issued (shares)	20,774,716		196,569,917
Common stock outstanding (shares)	20,774,716		196,569,917
Common stock authorized (shares)	200,000,000		350,000,000
Common Stock
Shareholders Equity [Line Items]
Common stock, par value (USD per share)	$ 0.001
Common stock issued (shares)	20,774,716	20,000,000
Common stock outstanding (shares)	20,774,716	20,000,000
Common stock authorized (shares)	200,000,000
General Partnership Interests
Shareholders Equity [Line Items]
Common units issued		200,000
Limited Partnership Interest
Shareholders Equity [Line Items]
Common units issued		19,789,717
Old LP Common Interests
Shareholders Equity [Line Items]
Common units issued		10,283
Old Senior Notes and Other General Unsecured Claims
Shareholders Equity [Line Items]
Common stock issued (shares)		15,685,714
Consenting Crossholder Claims
Shareholders Equity [Line Items]
Common stock issued (shares)		2,114,286
Old Common Stock
Shareholders Equity [Line Items]
Common stock, par value (USD per share)		$ 0.01
Common stock issued (shares)		1,089,717
Old Preferred Stock
Shareholders Equity [Line Items]
Common stock issued (shares)		1,100,000

Shareholders' Equity - Allocati

Shareholders' Equity - Allocations of Dividends and Declared and Paid for Income Tax Purposes (Details) - $ / shares		Apr. 16, 2019	Dec. 31, 2019
Shareholders Equity [Line Items]
Common stock cash dividends per share		$ 0.075
Common Stock
Shareholders Equity [Line Items]
Dividends declared			$ 0.15
Allocations			100.00%
Common Stock | Return of capital
Shareholders Equity [Line Items]
Allocations			100.00%
Preferred Stock
Shareholders Equity [Line Items]
Allocations	[1]		100.00%
Preferred Stock | Return of capital
Shareholders Equity [Line Items]
Allocations	[1]		100.00%
Series D Preferred Stock
Shareholders Equity [Line Items]
Dividends declared			$ 13.83
Series E Preferred Stock
Shareholders Equity [Line Items]
Dividends declared			$ 12.42
[1]	The allocations for income tax purposes are the same for each series of preferred stock for each period presented.

Redeemable Interests and Nonc_3

Redeemable Interests and Noncontrolling Interests - Operating Partnership (Details) - USD ($) $ in Thousands	10 Months Ended	12 Months Ended
	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating Partnership
Redeemable Noncontrolling Interest [Line Items]
Redeemable noncontrolling interest, ownership interest of noncontrolling owners (as a percent)			0.80%
Noncontrolling interest, ownership interest of noncontrolling owners (as a percent)		0.01%	1.80%
General Partnership Interests
Redeemable Noncontrolling Interest [Line Items]
Redeemable noncontrolling interest, shares issued of common units (shares)		200,000
Limited Partnership Interests
Redeemable Noncontrolling Interest [Line Items]
Redeemable noncontrolling interest, shares issued of common units (shares)		19,789,717
Operating Partnership
Redeemable Noncontrolling Interest [Line Items]
Units of partnership interest (shares)		10,283
Redeemable noncontrolling interest, allocation from (to) shareholder's equity, adjustment | $	$ 6		$ 302	$ 3,398
Noncontrolling interest, allocation from (to) Shareholder's Equity, Adjustment | $	$ 865		$ 6,002	$ 4,392
Operating Partnership | Third Parties
Redeemable Noncontrolling Interest [Line Items]
Units of partnership interest (shares)		10,283	5,117,856
Operating Partnership | The Company
Redeemable Noncontrolling Interest [Line Items]
Redeemable noncontrolling interests | $		$ 282	$ (265)
Partners' capital attributable to noncontrolling interest | $		$ 282	$ (604)

Redeemable Interests and Nonc_4

Redeemable Interests and Noncontrolling Interests - Other Consolidated Subsidiaries and Variable Interest Entities (Details) $ in Thousands	Dec. 31, 2021USD ($)subsidiary	Dec. 31, 2020USD ($)subsidiary
Redeemable Noncontrolling Interest [Line Items]
Number of other consolidated subsidiaries | subsidiary	12	12
Other Consolidated Subsidiaries
Redeemable Noncontrolling Interest [Line Items]
Other non controlling interests | $	$ 4,618	$ 3,058

Redeemable Interests and Nonc_5

Redeemable Interests and Noncontrolling Interests - Variable Interest Entities (Details) - USD ($) $ in Thousands		Dec. 31, 2021		Oct. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Variable Interest Entity [Line Items]
Variable interest asset entities		$ 2,945,979	[1]	$ 2,962,667	$ 4,443,740	[1]	$ 4,622,346
Assets, Consolidated/Unconsolidated		(2,945,979)	[1]	$ (2,962,667)	(4,443,740)	[1]	$ (4,622,346)
Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		262,265			272,742
Variable interest liability entities	[2]	231,823			286,127
Assets, Consolidated/Unconsolidated		(262,265)			(272,742)
Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities		33,474
Assets, Consolidated/Unconsolidated		(33,474)
Maximum Risk of Loss, Unconsolidated		67,032
Atlanta Outlet Outparcels, LLC | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		831			851
Assets, Consolidated/Unconsolidated		(831)			(851)
CBL Terrace LP | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		15,339			14,608
Variable interest liability entities	[2]	12,626			12,578
Assets, Consolidated/Unconsolidated		(15,339)			(14,608)
Gettysburg Outlet Center Holding, LLC
Variable Interest Entity [Line Items]
Guaranteed amount		35,804			36,774
Gettysburg Outlet Center Holding, LLC | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		15,308			33,199
Variable interest liability entities	[2]	18,776			38,334
Assets, Consolidated/Unconsolidated		(15,308)			(33,199)
Gettysburg Outlet Center, LLC | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		3,062			7,737
Assets, Consolidated/Unconsolidated		(3,062)			(7,737)
Jarnigan Road LP | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		19,699			17,974
Variable interest liability entities	[2]	1,336			572
Assets, Consolidated/Unconsolidated		(19,699)			(17,974)
Jarnigan Road II, LLC | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		20,652			22,623
Variable interest liability entities	[2]	16,578			17,134
Assets, Consolidated/Unconsolidated		(20,652)			(22,623)
Laredo Outlet JV, LLC
Variable Interest Entity [Line Items]
Guaranteed amount					40,600
Laredo Outlet JV, LLC | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		25,542			44,378
Variable interest liability entities	[2]	26,121			43,788
Assets, Consolidated/Unconsolidated		(25,542)			(44,378)
Lebcon Associates | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		98,151			46,692
Variable interest liability entities	[2]	96,138			116,085
Assets, Consolidated/Unconsolidated		(98,151)			(46,692)
Lebcon I, Ltd | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		12,938			8,305
Variable interest liability entities	[2]	8,645			8,672
Assets, Consolidated/Unconsolidated		(12,938)			(8,305)
Louisville Outlet Outparcels, LLC | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		539			173
Assets, Consolidated/Unconsolidated		(539)			(173)
The Promenade at D'Iberville | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		49,401			75,975
Variable interest liability entities	[2]	51,603			48,964
Assets, Consolidated/Unconsolidated		(49,401)			(75,975)
Statesboro Crossing | Variable Interest Entity Primary Beneficiary
Variable Interest Entity [Line Items]
Variable interest asset entities		803			227
Assets, Consolidated/Unconsolidated		(803)			$ (227)
Ambassador Infrastructure, LLC | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum Risk of Loss, Unconsolidated	[3]	8,250
Atlanta Outlet JV, LLC | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities	[3]	881
Assets, Consolidated/Unconsolidated	[3]	(881)
Maximum Risk of Loss, Unconsolidated	[3]	5,352
El Paso Outlet Center Holding, LLC | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities		1,278
Assets, Consolidated/Unconsolidated		(1,278)
Maximum Risk of Loss, Unconsolidated		1,278
Shoppes at Eagle Point, LLC | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities	[3]	20,933
Assets, Consolidated/Unconsolidated	[3]	(20,933)
Maximum Risk of Loss, Unconsolidated	[3]	33,673
Louisville Outlet Shoppes, LLC | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Maximum Risk of Loss, Unconsolidated	[3]	8,097
Mall of South Carolina L.P. | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities		1,123
Assets, Consolidated/Unconsolidated		(1,123)
Maximum Risk of Loss, Unconsolidated		1,123
Vision-CBL Hamilton Place, LLC | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities		2,340
Assets, Consolidated/Unconsolidated		(2,340)
Maximum Risk of Loss, Unconsolidated		2,340
Mall of South Carolina Outparcel L.P. | Unconsolidated VIEs
Variable Interest Entity [Line Items]
Variable interest asset entities		6,919
Assets, Consolidated/Unconsolidated		(6,919)
Maximum Risk of Loss, Unconsolidated		$ 6,919
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12
[2]	As of December 31, 2020, includes $40,600 related to Laredo Outlet JV, LLC, which was guaranteed by the Predecessor Operating Partnership. In September 2021, the loan secured by The Outlet Shoppes at Laredo was amended and the guaranty was removed. Also, due to the filing of the Chapter 11 Cases, the loan held by Gettysburg Outlet Center Holding, LLC became guaranteed by the Operating Partnership, and amounts to $35,804 and $36,774, excluding debt discounts, as of December 31, 2021 and 2020, respectively.
[3]	See Note 16 for information on guarantees of debt.

Segment Information - Summary (

Segment Information - Summary (Details) - USD ($) $ in Thousands		1 Months Ended		2 Months Ended		10 Months Ended	12 Months Ended
		Aug. 31, 2020	Jan. 31, 2019	Dec. 31, 2021		Oct. 31, 2021	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Segment Reporting Information [Line Items]
Total revenues	[1]			$ 108,846		$ 468,029			$ 575,861		$ 768,696
Property operating expenses	[2]			(32,437)		(156,009)			(187,879)		(230,652)
Interest expense				(195,488)		(72,415)			(200,663)		(206,261)
Gain (loss) on sales of real estate assets				(3)		12,187			4,696		16,274
Other expense				(3)		(745)			(953)		(91)
Segment profit (loss)				(119,085)		251,047			191,062		347,966
Depreciation and amortization				(49,504)		(158,574)			(215,030)		(257,746)
General and administrative				(9,175)		(43,160)			(53,425)		(64,181)
Litigation settlement				118		932			7,855		(61,754)
Interest and other income				510		2,055			6,396		2,764
Gain on extinguishment of debt		$ 15,446	$ 61,795						32,521		71,722
Gain on deconsolidation				19,126		55,131					67,242
Reorganization items, net				(1,403)		(435,162)			(35,977)
Loss on impairment						(146,781)	$ (146,781)		(213,358)		(239,521)
Prepetition charges									(23,883)
Income tax benefit (provision)				5,885		(1,078)			(16,836)		(3,153)
Equity in earnings (losses) of unconsolidated affiliates				797		(10,823)			(14,854)		4,940
Net loss				(152,731)		(486,413)			(335,529)		(131,721)
Total assets				2,945,979	[3]	2,962,667	2,945,979	[3]	4,443,740	[3]	4,622,346
Capital expenditures	[4]			4,783		30,524			42,108		141,559
Malls
Segment Reporting Information [Line Items]
Total revenues	[1],[5]			95,057		411,280			520,643		699,698
Property operating expenses	[2],[5]			(29,801)		(143,018)			(177,531)		(216,771)
Interest expense	[5]			(181,300)		(70,275)			(79,380)		(86,152)
Gain (loss) on sales of real estate assets	[5]			20		6,063			(25)		1,226
Other expense	[5]					(65)
Segment profit (loss)	[5]			(116,024)		203,985			263,707		398,001
Total assets	[5]			1,961,061			1,961,061		3,702,523		4,180,515
Capital expenditures	[4],[5]			3,415		21,662			36,425		130,502
All Other
Segment Reporting Information [Line Items]
Total revenues	[1],[6]			13,789		56,749			55,218		68,998
Property operating expenses	[2],[6]			(2,636)		(12,991)			(10,348)		(13,881)
Interest expense	[6]			(14,188)		(2,140)			(121,283)		(120,109)
Gain (loss) on sales of real estate assets	[6]			(23)		6,124			4,721		15,048
Other expense	[6]			(3)		(680)			(953)		(91)
Segment profit (loss)	[6]			(3,061)		47,062			(72,645)		(50,035)
Total assets	[6]			984,918			$ 984,918		741,217		441,831
Capital expenditures	[4],[6]			$ 1,368		$ 8,862			$ 5,683		$ 11,057
[1]	Management, development and leasing fees are included in All Other category. See Note 5
[2]	Property operating expenses include property operating, real estate taxes and maintenance and repairs.
[3]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12
[4]	I nclude s additions to and acquisitions of real estate assets and investments in unconsolidated affiliates. Developments in progress are included in the All Other category.
[5]	The Malls category includes malls, lifestyle centers and outlet centers.
[6]	The All Other category includes open-air centers, outparcels, mortgage and other notes receivable, office buildings, self-storage facilities, corporate-level debt and the Management Company.

Supplemental and Noncash Info_3

Supplemental and Noncash Information - Summary (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Significant Noncash Transactions [Line Items]
Additions to real estate assets accrued but not yet paid	$ 11,108	$ 11,066	$ 5,945	$ 24,642
Decrease in real estate assets			(57,001)	(60,059)
Decrease in mortgage and other indebtedness			85,371	124,111
Increase (decrease) in operating assets and liabilities			4,288	9,333
Decrease in intangible lease and other assets			(137)	(1,663)
Conversion of Operating Partnership common units into shares of common stock			$ 21,163	730
Deconsolidation Upon Contribution/Assignment of Interest in Joint Venture and Loss of Control
Other Significant Noncash Transactions [Line Items]
Decrease in real estate assets	(12,873)	(84,860)		(200,343)
Increase in investment in unconsolidated affiliates				39,708
Decrease in mortgage and other indebtedness	27,733	134,354		228,627
Increase (decrease) in operating assets and liabilities	$ (4,266)	(5,808)		857
Decrease in intangible lease and other assets		$ (171)		(4,815)
Increase in noncontrolling interest and joint venture interest				$ (12,013)

RELATED PARTY TRANSACTIONS - Na

RELATED PARTY TRANSACTIONS - Narrative (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Unconsolidated Affiliate and Other Affiliated Partnerships
Related Party Transaction [Line Items]
Revenues recognized, from related party transactions	$ 1,136	$ 4,965	$ 4,940	$ 6,878

CONTINGENCIES - Guarantees (Det

CONTINGENCIES - Guarantees (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Guarantor Obligations [Line Items]
Obligation recorded to reflect guaranty, Successor/Predecessor	$ 732	$ 923
Shoppes at Eagle Point, LLC
Guarantor Obligations [Line Items]
Maximum Guaranteed Amount	$ 12,740
Ambassador Infrastructure, LLC
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	65.00%
Outstanding Balance	$ 8,250
Percentage Guaranteed by the Operating Partnership (as a percent)	100.00%
Maximum Guaranteed Amount	$ 8,250
Obligation recorded to reflect guaranty, Successor/Predecessor	$ 83	94
Hamilton Place Self Storage, LLC
Guarantor Obligations [Line Items]
Obligation recorded to reflect guaranty, Successor/Predecessor		35
West Melbourne I, LLC - Phase I
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	50.00%
Outstanding Balance	$ 39,017
Percentage Guaranteed by the Operating Partnership (as a percent)	50.00%
Maximum Guaranteed Amount	$ 19,509
Obligation recorded to reflect guaranty, Successor/Predecessor	$ 195	201
West Melbourne I, LLC - Phase II
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	50.00%
Outstanding Balance	$ 13,893
Percentage Guaranteed by the Operating Partnership (as a percent)	50.00%
Maximum Guaranteed Amount	$ 6,947
Obligation recorded to reflect guaranty, Successor/Predecessor	$ 69	72
Port Orange I, LLC
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	50.00%
Outstanding Balance	$ 51,548
Percentage Guaranteed by the Operating Partnership (as a percent)	50.00%
Maximum Guaranteed Amount	$ 25,774
Obligation recorded to reflect guaranty, Successor/Predecessor	$ 258	266
Shoppes at Eagle Point, LLC
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	50.00%
Outstanding Balance	$ 33,884
Percentage Guaranteed by the Operating Partnership (as a percent)	35.00%
Maximum Guaranteed Amount	$ 12,740
Obligation recorded to reflect guaranty, Successor/Predecessor	$ 127	127
EastGate Storage, LLC
Guarantor Obligations [Line Items]
Obligation recorded to reflect guaranty, Successor/Predecessor		33
Self Storage at Mid Rivers, LLC
Guarantor Obligations [Line Items]
Obligation recorded to reflect guaranty, Successor/Predecessor		30
Parkdale Self Storage, LLC
Guarantor Obligations [Line Items]
Obligation recorded to reflect guaranty, Successor/Predecessor		$ 65
Atlanta Outlet Outparcels, LLC
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	50.00%
Outstanding Balance	$ 4,471
Percentage Guaranteed by the Operating Partnership (as a percent)	100.00%
Maximum Guaranteed Amount	$ 4,471
Louisville Outlet Shoppes, LLC
Guarantor Obligations [Line Items]
Company's Ownership Interest (as a percent)	50.00%
Outstanding Balance	$ 8,097
Percentage Guaranteed by the Operating Partnership (as a percent)	100.00%
Maximum Guaranteed Amount	$ 8,097
West Melbourne I LLC Phase I, West Melbourne I LLC Phase II and Port Orange I, LLC
Guarantor Obligations [Line Items]
Option extension term of debt instrument	1 year

CONTINGENCIES - Environmental C

CONTINGENCIES - Environmental Contingencies (Details)	12 Months Ended
	Dec. 31, 2021USD ($)
Commitments And Contingencies Disclosure [Abstract]
Environmental liability insurance, maximum coverage per incident (up to)	$ 10,000
Environmental liability insurance, annual coverage limit (up to)	$ 50,000

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Basis (Details) - USD ($) $ in Thousands		Dec. 31, 2021	Dec. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value of mortgage and other indebtedness		$ 2,059,094	$ 1,091,745
Estimated fair value of liabilities subject to compromise			1,606,959
Available-for-sale securities, amortized cost		149,999	233,053
Available-For-Sale Securities Held, Fair Value	[1]	149,996	233,071
U.S Treasury Securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities, amortized cost		149,999	233,053
Available-For-Sale Securities Held, unrealized gains/(losses)		(3)	18
Available-For-Sale Securities Held, Fair Value		$ 149,996	$ 233,071
U.S. Treasury securities, maturity date		Feb. 28, 2022
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12

Fair Value Measurements - Secur

Fair Value Measurements - Secured Notes Measured at Fair Value (Details) - 10% Senior Secured Notes $ in Thousands	Dec. 31, 2021USD ($)
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying amount as of December 31, 2021	$ 395,000
10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021)	395,395
Change in Fair Value [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
10% senior secured notes - at fair value (carrying amount of $395,000 as of December 31, 2021)	$ 395

Fair Value Measurements - Nonre

Fair Value Measurements - Nonrecurring Basis (Details) - USD ($) $ in Thousands	10 Months Ended	12 Months Ended
	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Long-lived assets	$ 120,290	$ 120,290	$ 268,830	$ 199,740
Loss on impairment	$ 146,781	146,781	213,358	$ 239,521
Significant Unobservable Inputs (Level 3)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Long-lived assets		$ 120,290	$ 268,830

Fair Value Measurements - Long-

Fair Value Measurements - Long-Lived Assets Measured at Fair Value (Details) $ in Thousands	1 Months Ended	2 Months Ended	10 Months Ended	12 Months Ended
	Jul. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Oct. 31, 2021USD ($)mall	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)mallcommunity_center	Dec. 31, 2019USD ($)mall
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			$ 146,781	$ 146,781	$ 213,358	$ 239,521
Number of malls with impairment | mall			5		6	6
Long-lived assets		$ 120,290	$ 120,290	$ 120,290	$ 268,830	$ 199,740
Fair Value						118,383
Number of community center with impairment | community_center					1
Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment		$ 0	146,781
Eastland Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			13,243
Long-lived assets			10,700
Old Hickory Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			20,149
Long-lived assets			$ 12,400
Old Hickory Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period			9 years
Old Hickory Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			13
Old Hickory Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			14
Stroud Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			$ 23,790
Long-lived assets			$ 15,400
Stroud Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period			9 years
Stroud Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			11.75
Stroud Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			12.5
The Landing at Arbor Place - Outparcel
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value	$ 590
The Landing at Arbor Place - Outparcel | All Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			$ 1,682
Long-lived assets			590
Laurel Park Place | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			14,267			52,067
Long-lived assets			$ 9,800			$ 26,000
Laurel Park Place | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period			9 years			10 years
Laurel Park Place | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			11.5			13.5
Laurel Park Place | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			13			14
Parkdale Mall & Crossing | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Long-lived assets			$ 50,500
Parkdale Mall & Crossing | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period			10 years
Parkdale Mall & Crossing | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			12.3
Parkdale Mall & Crossing | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			14.2
Parkdale Mall & Crossing | Malls/All Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			$ 47,211
Long-lived assets			50,500
The Outlet Shoppes at Gettysburg | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			21,470
Long-lived assets			$ 16,660
The Outlet Shoppes at Gettysburg | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period			9 years
The Outlet Shoppes at Gettysburg | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			11
The Outlet Shoppes at Gettysburg | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			12
Vacant land | All Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment			$ 4,969
Long-lived assets			4,240
Assets book value			4,240
Burnsville Center | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					$ 26,562
Long-lived assets			$ 10,700		$ 47,300
Burnsville Center | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period			9 years		10 years
Burnsville Center | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			14		14.5
Burnsville Center | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)			15		15.5
Monroeville Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					$ 107,082
Long-lived assets					$ 67,000
Monroeville Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period					10 years
Monroeville Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					14
Monroeville Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					14.5
Asheville Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					$ 13,274
Long-lived assets					$ 52,600
Asheville Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period					10 years
Asheville Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					13.25
Asheville Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					14
Vacant Land | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					$ 46
EastGate Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					5,980	$ 33,265
Long-lived assets					$ 16,530	$ 25,100
EastGate Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period					10 years	10 years
EastGate Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					17	14.5
EastGate Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					18	15
Greenbrier Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					$ 8,923	$ 22,770
Long-lived assets					$ 42,500	$ 56,300
Greenbrier Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period					10 years	10 years
Greenbrier Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					12.5	11.5
Greenbrier Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					13	11.5
The Outlet Shoppes at Laredo | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment					$ 51,491
Long-lived assets					$ 42,900
The Outlet Shoppes at Laredo | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period					10 years
The Outlet Shoppes at Laredo | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					8.5
The Outlet Shoppes at Laredo | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)					9
Honey Creek Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment						$ 2,045
Assets book value						14,360
The Forumat Grandview | All Other
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment						8,582
Assets book value						31,559
Mid Rivers Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment						83,621
Long-lived assets						$ 53,340
Mid Rivers Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period						10 years
Mid Rivers Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)						12.5
Mid Rivers Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)						13.25
Park Plaza Mall | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment						$ 37,400
Long-lived assets						$ 39,000
Park Plaza Mall | Malls | Measurement Input, Expected Term
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Holding period						10 years
Park Plaza Mall | Malls | Cap Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)						13
Park Plaza Mall | Malls | Discount Rate (as a percent)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurement input (as a percent)						14
Prior Sales Adjustment | Malls
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loss on impairment						$ (229)

Share-based Compensation - Summ

Share-based Compensation - Summary (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 15, 2021	Feb. 10, 2020	Feb. 11, 2019	Feb. 28, 2022	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized (shares)					10,400,000		10,400,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Vested (shares)					0
Weighted-Average Grant Date Fair Value
Vested (shares)					0
Unrecognized compensation cost related to nonvested stock awards					$ 21,344		$ 21,344
Compensation cost to be recognized over a weighted-average period							3 years 8 months 12 days
Share-based compensation cost capitalized as part of real estate assets						$ 10		$ 20	$ 66
Performance Shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (shares)								3,408,083	1,103,537
Share-based compensation cost						$ 315		$ 3,185	$ 1,564
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning of period (shares)						1,103,537	1,103,537
Granted (shares)								3,408,083	1,103,537
Forfeited (shares)						(1,103,537)		(3,408,083)
Nonvested, end of period (shares)								1,103,537
Weighted-Average Grant Date Fair Value
Weighted average grant-date fair value, nonvested, beginning of period (USD per share)						$ 2.40	$ 2.40
Weighted average grant-date fair value, granted (USD per share)								$ 0.84	$ 2.40
Weighted average grant-date fair value, forfeited (USD per share)						$ 2.40		0.84
Weighted average grant-date fair value, nonvested, ending of period (USD per share)		$ 0.84	$ 4.74					$ 2.40
Shares granted in period classified as liabilities (shares)								1,247,098	566,862
Share-based compensation expense related to cancellation of the 2020 PSUs								$ 2,052
Weighted average grant-date fair value, nonvested, ending of period (USD per share)		$ 0.84	$ 4.74					$ 2.40
Risk-free interest rate (as a percent)		1.39%	2.54%
Expected share price volatility (as a percent)		57.98%	60.99%
Performance period		3 years	3 years
Performance Shares | Chief Executive Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (shares)		2,131,245	357,800
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (shares)		2,131,245	357,800
Weighted-Average Grant Date Fair Value
Weighted average grant-date fair value, nonvested, ending of period (USD per share)		$ 0.88	$ 2.45
Weighted average grant-date fair value, nonvested, ending of period (USD per share)		$ 0.88	$ 2.45
Performance Shares | Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (shares)		1,065,463	178,875
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (shares)		1,065,463	178,875
Weighted-Average Grant Date Fair Value
Weighted average grant-date fair value, nonvested, ending of period (USD per share)		$ 0.75	$ 2.29
Weighted average grant-date fair value, nonvested, ending of period (USD per share)		$ 0.75	$ 2.29
2021 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized (shares)					3,222,222		3,222,222
Percentage released stock awards granted					3.00%
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (shares)					784,999
Vesting rate						25.00%
Share-based compensation cost					$ 299	$ 863		$ 2,239	$ 3,396
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning of period (shares)						1,519,774	1,519,774
Granted (shares)					784,999
Vested (shares)						(1,490,751)
Forfeited (shares)						(29,023)
Nonvested, end of period (shares)					784,999		784,999	1,519,774
Weighted-Average Grant Date Fair Value
Weighted average grant-date fair value, nonvested, beginning of period (USD per share)						$ 2.15	$ 2.15
Weighted average grant-date fair value, granted (USD per share)					$ 27.57			$ 0.86	$ 2.20
Weighted average grant-date fair value, vested (USD per share)						2.14
Weighted average grant-date fair value, forfeited (USD per share)						$ 2.73
Weighted average grant-date fair value, nonvested, ending of period (USD per share)					$ 27.57		27.57	$ 2.15
Weighted average grant-date fair value, granted					$ 21,642
Vested (shares)						(1,490,751)
Total fair value of shares vested						$ 220		$ 951	$ 3,869
Weighted average grant-date fair value, nonvested, ending of period (USD per share)					$ 27.57		$ 27.57	$ 2.15
Restricted Stock | Executive Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	4 years
Vesting rate	25.00%
Restricted Stock | Non-Executive Officers
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	3 years
Vesting rate	33.00%
Restricted Stock | Non-Employee Directors
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	1 year
Expiring date	Jan. 31, 2023
Subsequent Event | Performance Shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted (shares)				550,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (shares)				550,000
Weighted-Average Grant Date Fair Value
Performance period				4 years

EMPLOYEE BENEFIT PLANS - Narrat

EMPLOYEE BENEFIT PLANS - Narrative (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Compensation And Retirement Disclosure [Abstract]
Defined contribution plan, age of eligibility			21 years
Defined contribution plan, required service period prior to plan participation			2 months
Defined contribution plan, employer matching contribution (as a percent)			50.00%
Defined contribution plan, maximum annual contribution per employee (as a percent)			2.50%
Defined contribution plan, employer discretionary contribution amount	$ 97	$ 658		$ 650	$ 921

Subsequent Events - Narrative (

Subsequent Events - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		Feb. 10, 2020	Feb. 11, 2019	Mar. 31, 2022	Feb. 28, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Feb. 01, 2022	Nov. 01, 2021
Subsequent Event [Line Items]
Fair value carrying amount						$ 2,092,298				$ 133,000
Common stock, par value (USD per share)						$ 0.001	$ 0.01
Common stock issued (shares)						20,774,716	196,569,917
Available-for-sale securities - at fair value (amortized cost of $149,999 and $233,053 as of December 31, 2021 and December 31, 2020, respectively)	[1]					$ 149,996	$ 233,071
Performance Shares
Subsequent Event [Line Items]
Granted (shares)							3,408,083	1,103,537
Performance period		3 years	3 years
Cross Creek Mall
Subsequent Event [Line Items]
Loan outstanding balance						102,264
Greenbrier Mall
Subsequent Event [Line Items]
Loan outstanding balance						61,647
Exchangeable Notes Indenture | 7.0% Exchangeable Senior Secured Notes Due 2028
Subsequent Event [Line Items]
Fair value carrying amount						$ 150,000
Debt instrument, maturity date						Nov. 15, 2028
U.S Treasury Securities
Subsequent Event [Line Items]
Available-for-sale securities - at fair value (amortized cost of $149,999 and $233,053 as of December 31, 2021 and December 31, 2020, respectively)						$ 149,996	$ 233,071
Subsequent Event | Performance Shares
Subsequent Event [Line Items]
Granted (shares)					550,000
Performance period					4 years
Subsequent Event | Fayette Mall
Subsequent Event [Line Items]
Line of credit fixed interest rate					4.25%
Loan maturity date					May 31, 2023
Debt instrument, term					3 years
Loan term of extension option					1 year
Loan agreement term					3 years
Subsequent Event | York Town Center Lp
Subsequent Event [Line Items]
Debt instrument, term				18 months
Loan agreement term				18 months
Subsequent Event | York Town Center Lp | Mortgage Note Payable | Nonrecourse
Subsequent Event [Line Items]
Fair value carrying amount				$ 30,000
Debt instrument, term				3 years
Debt Instrument, Interest Rate, Effective Percentage				4.75%
Loan agreement term				3 years
Subsequent Event | Exchangeable Notes Indenture | 7.0% Exchangeable Senior Secured Notes Due 2028
Subsequent Event [Line Items]
Fair value carrying amount									$ 150,000
Common stock, par value (USD per share)									$ 0.001
Common stock issued (shares)									10,982,795
Subsequent Event | U.S Treasury Securities
Subsequent Event [Line Items]
Available-for-sale securities - at fair value (amortized cost of $149,999 and $233,053 as of December 31, 2021 and December 31, 2020, respectively)					$ 149,936
Debt instrument, maturity date					May 31, 2022
[1]	As of December 31, 2021, includes $262,265 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $143,593 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 12

Schedule III - REAL ESTATE AS_2

Schedule III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	$ 983,838
Initial Cost, Land	762,106
Initial Cost, Buildings and Improvements	4,299,342
Costs Capitalized Subsequent to Acquisition	454,171
Sales of Outparcel Land	(43,017)
Fresh Start Adjustments	(3,683,547)
Gross Amounts at Which Carried at Close of Period, Land	599,283
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,189,772
Gross Amounts at Which Carried at Close of Period, Total	1,789,055	$ 1,797,332	$ 5,859,113	$ 6,411,400	$ 7,278,608
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(19,937)		$ (2,241,421)	$ (2,349,404)	$ (2,493,082)
Land and buildings and improvements, gross	$ 6,729,000
Buildings
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	30 years
Buildings | Minimum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	30 years
Buildings | Maximum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	40 years
Certain Improvements | Minimum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	10 years
Certain Improvements | Maximum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	20 years
Equipment and Fixtures | Minimum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	5 years
Equipment and Fixtures | Maximum
Real Estate And Accumulated Depreciation [Line Items]
Estimated useful life	10 years
Alamance Crossing, Burlington, NC
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	$ 42,522
Initial Cost, Land	20,853
Initial Cost, Buildings and Improvements	62,852
Costs Capitalized Subsequent to Acquisition	39,674
Sales of Outparcel Land	(3,962)
Fresh Start Adjustments	(96,897)
Gross Amounts at Which Carried at Close of Period, Land	9,603
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	12,917
Gross Amounts at Which Carried at Close of Period, Total	22,520
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(248)
Arbor Place Atlanta (Douglasville), GA
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	101,771
Initial Cost, Land	8,508
Initial Cost, Buildings and Improvements	95,088
Costs Capitalized Subsequent to Acquisition	26,699
Fresh Start Adjustments	(89,396)
Gross Amounts at Which Carried at Close of Period, Land	3,050
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	37,849
Gross Amounts at Which Carried at Close of Period, Total	40,899
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(643)
Brookfield Square, Brookfield, WI
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	27,461
Initial Cost, Land	8,996
Initial Cost, Buildings and Improvements	78,533
Costs Capitalized Subsequent to Acquisition	103,064
Sales of Outparcel Land	(5,208)
Fresh Start Adjustments	(146,235)
Gross Amounts at Which Carried at Close of Period, Land	11,476
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	27,674
Gross Amounts at Which Carried at Close of Period, Total	39,150
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(561)
CherryVale Mall, Rockford, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	11,892
Initial Cost, Buildings and Improvements	64,117
Costs Capitalized Subsequent to Acquisition	56,299
Sales of Outparcel Land	(1,667)
Fresh Start Adjustments	(113,543)
Gross Amounts at Which Carried at Close of Period, Land	5,360
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	11,738
Gross Amounts at Which Carried at Close of Period, Total	17,098
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(431)
Cross Creek Mall, Fayetteville, NC
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	102,264
Initial Cost, Land	19,155
Initial Cost, Buildings and Improvements	104,378
Costs Capitalized Subsequent to Acquisition	37,268
Fresh Start Adjustments	(55,694)
Gross Amounts at Which Carried at Close of Period, Land	4,372
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	100,735
Gross Amounts at Which Carried at Close of Period, Total	105,107
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(1,440)
Dakota Square Mall, Minot, ND
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	4,552
Initial Cost, Buildings and Improvements	87,625
Costs Capitalized Subsequent to Acquisition	24,609
Fresh Start Adjustments	(96,630)
Gross Amounts at Which Carried at Close of Period, Land	5,179
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	14,977
Gross Amounts at Which Carried at Close of Period, Total	20,156
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(217)
East Towne Mall, Madison, WI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	4,496
Initial Cost, Buildings and Improvements	63,867
Costs Capitalized Subsequent to Acquisition	63,706
Sales of Outparcel Land	(909)
Fresh Start Adjustments	(123,012)
Gross Amounts at Which Carried at Close of Period, Land	4,413
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,735
Gross Amounts at Which Carried at Close of Period, Total	8,148
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(175)
Eastland Mall, Bloomington, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	5,746
Initial Cost, Buildings and Improvements	75,893
Costs Capitalized Subsequent to Acquisition	(71,318)
Sales of Outparcel Land	(753)
Fresh Start Adjustments	(5,600)
Gross Amounts at Which Carried at Close of Period, Land	1,921
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	2,047
Gross Amounts at Which Carried at Close of Period, Total	3,968
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(68)
Greenbrier Mall
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	61,647
Initial Cost, Land	3,181
Initial Cost, Buildings and Improvements	107,355
Costs Capitalized Subsequent to Acquisition	(68,172)
Sales of Outparcel Land	(626)
Fresh Start Adjustments	(22,404)
Gross Amounts at Which Carried at Close of Period, Land	4,952
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	14,382
Gross Amounts at Which Carried at Close of Period, Total	19,334
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(299)
Fayette Mall
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	135,134
Initial Cost, Land	25,205
Initial Cost, Buildings and Improvements	84,256
Costs Capitalized Subsequent to Acquisition	106,519
Fresh Start Adjustments	(87,361)
Gross Amounts at Which Carried at Close of Period, Land	11,204
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	117,415
Gross Amounts at Which Carried at Close of Period, Total	128,619
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(1,156)
Frontier Mall, Cheyenne, WY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,681
Initial Cost, Buildings and Improvements	15,858
Costs Capitalized Subsequent to Acquisition	21,003
Sales of Outparcel Land	(83)
Fresh Start Adjustments	(31,588)
Gross Amounts at Which Carried at Close of Period, Land	3,714
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	4,157
Gross Amounts at Which Carried at Close of Period, Total	7,871
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(109)
Hamilton Place, Chattanooga, TN
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	96,244
Initial Cost, Land	3,532
Initial Cost, Buildings and Improvements	42,619
Costs Capitalized Subsequent to Acquisition	49,835
Sales of Outparcel Land	(2,384)
Fresh Start Adjustments	(35,984)
Gross Amounts at Which Carried at Close of Period, Land	9,640
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	47,978
Gross Amounts at Which Carried at Close of Period, Total	57,618
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(645)
Hanes Mall, Winston-Salem, NC
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	17,176
Initial Cost, Buildings and Improvements	133,376
Costs Capitalized Subsequent to Acquisition	49,231
Sales of Outparcel Land	(1,767)
Fresh Start Adjustments	(147,963)
Gross Amounts at Which Carried at Close of Period, Land	13,968
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	36,085
Gross Amounts at Which Carried at Close of Period, Total	50,053
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(540)
Harford Mall, Bel Air, MD
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	8,699
Initial Cost, Buildings and Improvements	45,704
Costs Capitalized Subsequent to Acquisition	17,747
Fresh Start Adjustments	(65,736)
Gross Amounts at Which Carried at Close of Period, Land	4,581
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,833
Gross Amounts at Which Carried at Close of Period, Total	6,414
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(69)
Laurel Park Place Livonia, MI
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	13,289
Initial Cost, Buildings and Improvements	92,579
Costs Capitalized Subsequent to Acquisition	(97,681)
Fresh Start Adjustments	(3,630)
Gross Amounts at Which Carried at Close of Period, Land	751
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,806
Gross Amounts at Which Carried at Close of Period, Total	4,557
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(118)
Imperial Valley Mall, El Centro, CA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	35,378
Initial Cost, Buildings and Improvements	71,753
Costs Capitalized Subsequent to Acquisition	2,339
Fresh Start Adjustments	(92,019)
Gross Amounts at Which Carried at Close of Period, Land	4,810
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	12,641
Gross Amounts at Which Carried at Close of Period, Total	17,451
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(287)
Kirkwood Mall, Bismarck, ND
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	3,368
Initial Cost, Buildings and Improvements	118,945
Costs Capitalized Subsequent to Acquisition	30,525
Fresh Start Adjustments	(126,278)
Gross Amounts at Which Carried at Close of Period, Land	8,091
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	18,469
Gross Amounts at Which Carried at Close of Period, Total	26,560
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(266)
Jefferson Mall, Louisville, KY
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	58,654
Initial Cost, Land	13,125
Initial Cost, Buildings and Improvements	40,234
Costs Capitalized Subsequent to Acquisition	27,655
Sales of Outparcel Land	(521)
Fresh Start Adjustments	(70,099)
Gross Amounts at Which Carried at Close of Period, Land	4,625
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	5,769
Gross Amounts at Which Carried at Close of Period, Total	10,394
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(227)
Layton Hills Mall, Layton, UT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	20,464
Initial Cost, Buildings and Improvements	99,836
Costs Capitalized Subsequent to Acquisition	(13,665)
Sales of Outparcel Land	(1,165)
Fresh Start Adjustments	(74,968)
Gross Amounts at Which Carried at Close of Period, Land	10,261
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	20,241
Gross Amounts at Which Carried at Close of Period, Total	30,502
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(213)
Mall Del Norte, Laredo, TX
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	21,734
Initial Cost, Buildings and Improvements	142,049
Costs Capitalized Subsequent to Acquisition	56,976
Sales of Outparcel Land	(149)
Fresh Start Adjustments	(148,232)
Gross Amounts at Which Carried at Close of Period, Land	13,875
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	58,503
Gross Amounts at Which Carried at Close of Period, Total	72,378
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(686)
Mayfaire Town Centerand Community Center
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	26,333
Initial Cost, Buildings and Improvements	101,087
Costs Capitalized Subsequent to Acquisition	20,287
Fresh Start Adjustments	(107,804)
Gross Amounts at Which Carried at Close of Period, Land	7,321
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	32,582
Gross Amounts at Which Carried at Close of Period, Total	39,903
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(525)
Meridian Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,797
Initial Cost, Buildings and Improvements	103,678
Costs Capitalized Subsequent to Acquisition	61,873
Fresh Start Adjustments	(150,764)
Gross Amounts at Which Carried at Close of Period, Land	8,573
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	9,011
Gross Amounts at Which Carried at Close of Period, Total	17,584
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(269)
Mid Rivers Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	16,384
Initial Cost, Buildings and Improvements	170,582
Costs Capitalized Subsequent to Acquisition	(136,279)
Sales of Outparcel Land	(4,174)
Fresh Start Adjustments	(27,787)
Gross Amounts at Which Carried at Close of Period, Land	9,191
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	9,535
Gross Amounts at Which Carried at Close of Period, Total	18,726
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(275)
Monroeville Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	22,911
Initial Cost, Buildings and Improvements	177,214
Costs Capitalized Subsequent to Acquisition	(139,044)
Fresh Start Adjustments	(36,624)
Gross Amounts at Which Carried at Close of Period, Land	12,378
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	12,079
Gross Amounts at Which Carried at Close of Period, Total	24,457
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(278)
Northgate Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,330
Initial Cost, Buildings and Improvements	8,960
Costs Capitalized Subsequent to Acquisition	24,216
Sales of Outparcel Land	(492)
Fresh Start Adjustments	(23,815)
Gross Amounts at Which Carried at Close of Period, Land	3,413
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,786
Gross Amounts at Which Carried at Close of Period, Total	11,199
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(122)
Northpark Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	9,977
Initial Cost, Buildings and Improvements	65,481
Costs Capitalized Subsequent to Acquisition	39,393
Fresh Start Adjustments	(99,164)
Gross Amounts at Which Carried at Close of Period, Land	7,084
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	8,603
Gross Amounts at Which Carried at Close of Period, Total	15,687
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(237)
Old Hickory Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	15,527
Initial Cost, Buildings and Improvements	29,413
Costs Capitalized Subsequent to Acquisition	(32,577)
Sales of Outparcel Land	(362)
Fresh Start Adjustments	(9,431)
Gross Amounts at Which Carried at Close of Period, Land	800
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,770
Gross Amounts at Which Carried at Close of Period, Total	2,570
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(95)
The Outlet Shoppes at Laredo
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	39,450
Initial Cost, Land	11,000
Initial Cost, Buildings and Improvements	97,353
Costs Capitalized Subsequent to Acquisition	(66,186)
Fresh Start Adjustments	(26,318)
Gross Amounts at Which Carried at Close of Period, Land	3,741
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	12,108
Gross Amounts at Which Carried at Close of Period, Total	15,849
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(119)
Pearland Town Center
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	16,300
Initial Cost, Buildings and Improvements	108,615
Costs Capitalized Subsequent to Acquisition	24,467
Sales of Outparcel Land	(857)
Fresh Start Adjustments	(106,531)
Gross Amounts at Which Carried at Close of Period, Land	16,896
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	25,098
Gross Amounts at Which Carried at Close of Period, Total	41,994
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(395)
Northwoods Mall Northwoods Mall North Charleston, SC
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	60,709
Initial Cost, Land	14,867
Initial Cost, Buildings and Improvements	49,647
Costs Capitalized Subsequent to Acquisition	29,176
Sales of Outparcel Land	(2,339)
Fresh Start Adjustments	(52,958)
Gross Amounts at Which Carried at Close of Period, Land	9,402
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	28,991
Gross Amounts at Which Carried at Close of Period, Total	38,393
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(582)
Post Oak Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	3,936
Initial Cost, Buildings and Improvements	48,948
Costs Capitalized Subsequent to Acquisition	16,630
Sales of Outparcel Land	(327)
Fresh Start Adjustments	(52,738)
Gross Amounts at Which Carried at Close of Period, Land	6,206
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	10,243
Gross Amounts at Which Carried at Close of Period, Total	16,449
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(204)
Richland Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	9,874
Initial Cost, Buildings and Improvements	34,793
Costs Capitalized Subsequent to Acquisition	24,077
Sales of Outparcel Land	(1,225)
Fresh Start Adjustments	(44,167)
Gross Amounts at Which Carried at Close of Period, Land	8,793
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	14,559
Gross Amounts at Which Carried at Close of Period, Total	23,352
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(280)
The Outlet Shoppes at Gettysburg Gettysburg, PA
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	35,804
Initial Cost, Land	20,779
Initial Cost, Buildings and Improvements	22,180
Costs Capitalized Subsequent to Acquisition	(30,268)
Fresh Start Adjustments	(47)
Gross Amounts at Which Carried at Close of Period, Land	7,822
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	4,822
Gross Amounts at Which Carried at Close of Period, Total	12,644
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(165)
Parkdale Mall and Crossing
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	69,460
Initial Cost, Land	23,850
Initial Cost, Buildings and Improvements	47,390
Costs Capitalized Subsequent to Acquisition	(25,472)
Sales of Outparcel Land	(874)
Fresh Start Adjustments	(21,769)
Gross Amounts at Which Carried at Close of Period, Land	11,521
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	11,604
Gross Amounts at Which Carried at Close of Period, Total	23,125
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(314)
Southpark Mall
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	55,567
Initial Cost, Land	9,501
Initial Cost, Buildings and Improvements	73,262
Costs Capitalized Subsequent to Acquisition	30,740
Fresh Start Adjustments	(102,613)
Gross Amounts at Which Carried at Close of Period, Land	4,193
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	6,697
Gross Amounts at Which Carried at Close of Period, Total	10,890
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(126)
St Clair Square
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	11,027
Initial Cost, Buildings and Improvements	75,620
Costs Capitalized Subsequent to Acquisition	34,739
Fresh Start Adjustments	(82,113)
Gross Amounts at Which Carried at Close of Period, Land	7,511
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	31,762
Gross Amounts at Which Carried at Close of Period, Total	39,273
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(505)
Parkway Place
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	6,364
Initial Cost, Buildings and Improvements	67,067
Costs Capitalized Subsequent to Acquisition	5,932
Fresh Start Adjustments	(43,144)
Gross Amounts at Which Carried at Close of Period, Land	9,428
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	26,791
Gross Amounts at Which Carried at Close of Period, Total	36,219
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(427)
Stroud Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	14,711
Initial Cost, Buildings and Improvements	23,936
Costs Capitalized Subsequent to Acquisition	(24,571)
Fresh Start Adjustments	(5,698)
Gross Amounts at Which Carried at Close of Period, Land	2,942
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	5,436
Gross Amounts at Which Carried at Close of Period, Total	8,378
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(134)
Sunrise Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	11,156
Initial Cost, Buildings and Improvements	59,047
Costs Capitalized Subsequent to Acquisition	14,230
Fresh Start Adjustments	(45,064)
Gross Amounts at Which Carried at Close of Period, Land	14,999
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	24,370
Gross Amounts at Which Carried at Close of Period, Total	39,369
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(627)
Turtle Creek Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,345
Initial Cost, Buildings and Improvements	26,418
Costs Capitalized Subsequent to Acquisition	17,793
Fresh Start Adjustments	(26,937)
Gross Amounts at Which Carried at Close of Period, Land	3,977
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	15,642
Gross Amounts at Which Carried at Close of Period, Total	19,619
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(343)
South County Center St. Louis, MO
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	15,754
Initial Cost, Buildings and Improvements	159,249
Costs Capitalized Subsequent to Acquisition	3,184
Fresh Start Adjustments	(160,681)
Gross Amounts at Which Carried at Close of Period, Land	11,165
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	6,341
Gross Amounts at Which Carried at Close of Period, Total	17,506
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(294)
Southaven Towne Center Southaven, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	8,255
Initial Cost, Buildings and Improvements	29,380
Costs Capitalized Subsequent to Acquisition	8,013
Fresh Start Adjustments	(27,929)
Gross Amounts at Which Carried at Close of Period, Land	10,163
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,556
Gross Amounts at Which Carried at Close of Period, Total	17,719
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(155)
Valley View Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	15,985
Initial Cost, Buildings and Improvements	77,771
Costs Capitalized Subsequent to Acquisition	23,984
Fresh Start Adjustments	(89,309)
Gross Amounts at Which Carried at Close of Period, Land	9,499
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	18,932
Gross Amounts at Which Carried at Close of Period, Total	28,431
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(392)
Volusia Mall Daytona Beach, FL
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	43,641
Initial Cost, Land	2,526
Initial Cost, Buildings and Improvements	120,242
Costs Capitalized Subsequent to Acquisition	21,923
Fresh Start Adjustments	(128,334)
Gross Amounts at Which Carried at Close of Period, Land	11,300
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	5,057
Gross Amounts at Which Carried at Close of Period, Total	16,357
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(179)
West Towne Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	8,912
Initial Cost, Buildings and Improvements	83,084
Costs Capitalized Subsequent to Acquisition	43,758
Fresh Start Adjustments	(84,533)
Gross Amounts at Which Carried at Close of Period, Land	14,623
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	36,598
Gross Amounts at Which Carried at Close of Period, Total	51,221
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(566)
Westgate Mall
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	30,322
Initial Cost, Land	2,149
Initial Cost, Buildings and Improvements	23,257
Costs Capitalized Subsequent to Acquisition	49,700
Sales of Outparcel Land	(432)
Fresh Start Adjustments	(68,403)
Gross Amounts at Which Carried at Close of Period, Land	3,553
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	2,718
Gross Amounts at Which Carried at Close of Period, Total	6,271
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(70)
Westmoreland Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	4,621
Initial Cost, Buildings and Improvements	84,215
Costs Capitalized Subsequent to Acquisition	35,006
Sales of Outparcel Land	(1,240)
Fresh Start Adjustments	(107,620)
Gross Amounts at Which Carried at Close of Period, Land	6,389
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	8,593
Gross Amounts at Which Carried at Close of Period, Total	14,982
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(382)
York Galleria
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	5,757
Initial Cost, Buildings and Improvements	63,316
Costs Capitalized Subsequent to Acquisition	23,626
Fresh Start Adjustments	(84,499)
Gross Amounts at Which Carried at Close of Period, Land	1,767
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	6,433
Gross Amounts at Which Carried at Close of Period, Total	8,200
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(228)
A840 Greenbrier Circle
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,096
Initial Cost, Buildings and Improvements	3,091
Costs Capitalized Subsequent to Acquisition	1,152
Fresh Start Adjustments	(1,626)
Gross Amounts at Which Carried at Close of Period, Land	1,387
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,326
Gross Amounts at Which Carried at Close of Period, Total	4,713
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(29)
Annex at Monroeville Pittsburgh, PA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Buildings and Improvements	29,496
Costs Capitalized Subsequent to Acquisition	1,626
Fresh Start Adjustments	(25,862)
Gross Amounts at Which Carried at Close of Period, Land	1,454
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,806
Gross Amounts at Which Carried at Close of Period, Total	5,260
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(266)
Cbl Center
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	15,320
Initial Cost, Land	1,332
Initial Cost, Buildings and Improvements	24,675
Costs Capitalized Subsequent to Acquisition	1,382
Fresh Start Adjustments	(17,030)
Gross Amounts at Which Carried at Close of Period, Land	3,081
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,278
Gross Amounts at Which Carried at Close of Period, Total	10,359
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(73)
Cbl Center Ii
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	22
Initial Cost, Buildings and Improvements	13,648
Costs Capitalized Subsequent to Acquisition	791
Fresh Start Adjustments	(9,880)
Gross Amounts at Which Carried at Close of Period, Land	965
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,616
Gross Amounts at Which Carried at Close of Period, Total	4,581
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(60)
Cool Springs Crossing
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,803
Initial Cost, Buildings and Improvements	14,985
Costs Capitalized Subsequent to Acquisition	(3,161)
Fresh Start Adjustments	(10,291)
Gross Amounts at Which Carried at Close of Period, Land	2,969
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,367
Gross Amounts at Which Carried at Close of Period, Total	4,336
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(33)
Courtyard At Hickory Hollow
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	3,314
Initial Cost, Buildings and Improvements	2,771
Costs Capitalized Subsequent to Acquisition	472
Sales of Outparcel Land	(231)
Fresh Start Adjustments	(1,180)
Gross Amounts at Which Carried at Close of Period, Land	1,844
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,302
Gross Amounts at Which Carried at Close of Period, Total	5,146
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(32)
Frontier Square
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	346
Initial Cost, Buildings and Improvements	684
Costs Capitalized Subsequent to Acquisition	592
Sales of Outparcel Land	(86)
Fresh Start Adjustments	612
Gross Amounts at Which Carried at Close of Period, Land	904
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,244
Gross Amounts at Which Carried at Close of Period, Total	2,148
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(16)
Gunbarrel Pointe
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	4,170
Initial Cost, Buildings and Improvements	10,874
Costs Capitalized Subsequent to Acquisition	3,659
Fresh Start Adjustments	(5,974)
Gross Amounts at Which Carried at Close of Period, Land	8,099
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	4,630
Gross Amounts at Which Carried at Close of Period, Total	12,729
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(50)
Hamilton Corner
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	630
Initial Cost, Buildings and Improvements	5,532
Costs Capitalized Subsequent to Acquisition	8,646
Fresh Start Adjustments	(2,368)
Gross Amounts at Which Carried at Close of Period, Land	4,981
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,459
Gross Amounts at Which Carried at Close of Period, Total	12,440
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(69)
Hamilton Crossing
Real Estate And Accumulated Depreciation [Line Items]
Encumbrances	7,868
Initial Cost, Land	4,014
Initial Cost, Buildings and Improvements	5,906
Costs Capitalized Subsequent to Acquisition	6,942
Sales of Outparcel Land	(1,370)
Fresh Start Adjustments	(5,551)
Gross Amounts at Which Carried at Close of Period, Land	5,300
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	4,641
Gross Amounts at Which Carried at Close of Period, Total	9,941
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(49)
Harford Annex
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	3,117
Initial Cost, Buildings and Improvements	9,718
Costs Capitalized Subsequent to Acquisition	1,015
Fresh Start Adjustments	(2,430)
Gross Amounts at Which Carried at Close of Period, Land	3,117
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	8,303
Gross Amounts at Which Carried at Close of Period, Total	11,420
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(62)
The Landing at Arbor Place Atlanta (Douglasville), GA
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	7,238
Initial Cost, Buildings and Improvements	14,330
Costs Capitalized Subsequent to Acquisition	1,245
Sales of Outparcel Land	(2,242)
Fresh Start Adjustments	(18,627)
Gross Amounts at Which Carried at Close of Period, Land	757
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,187
Gross Amounts at Which Carried at Close of Period, Total	1,944
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(41)
Layton Convenience Center Layton, UT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Buildings and Improvements	8
Costs Capitalized Subsequent to Acquisition	4,160
Fresh Start Adjustments	1,947
Gross Amounts at Which Carried at Close of Period, Land	3,576
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	2,539
Gross Amounts at Which Carried at Close of Period, Total	6,115
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(53)
Layton Hills Plaza Layton, UT
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Buildings and Improvements	2
Costs Capitalized Subsequent to Acquisition	1,049
Fresh Start Adjustments	1,243
Gross Amounts at Which Carried at Close of Period, Land	826
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	1,468
Gross Amounts at Which Carried at Close of Period, Total	2,294
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(21)
Pearland Office
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Buildings and Improvements	7,849
Costs Capitalized Subsequent to Acquisition	2,611
Fresh Start Adjustments	(3,210)
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,250
Gross Amounts at Which Carried at Close of Period, Total	7,250
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(114)
The Plaza at Fayette Lexington, KY
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	9,531
Initial Cost, Buildings and Improvements	27,646
Costs Capitalized Subsequent to Acquisition	1,215
Fresh Start Adjustments	(28,520)
Gross Amounts at Which Carried at Close of Period, Land	2,527
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,345
Gross Amounts at Which Carried at Close of Period, Total	9,872
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(187)
The Promenade D'lberville D'lberville, MS
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	16,278
Initial Cost, Buildings and Improvements	48,806
Costs Capitalized Subsequent to Acquisition	28,639
Sales of Outparcel Land	(706)
Fresh Start Adjustments	(53,513)
Gross Amounts at Which Carried at Close of Period, Land	8,728
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	30,776
Gross Amounts at Which Carried at Close of Period, Total	39,504
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(509)
The Shoppes at St. Clair Square Fairview Heights, IL
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	8,250
Initial Cost, Buildings and Improvements	23,623
Costs Capitalized Subsequent to Acquisition	910
Sales of Outparcel Land	(5,044)
Fresh Start Adjustments	(19,688)
Gross Amounts at Which Carried at Close of Period, Land	2,783
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	5,268
Gross Amounts at Which Carried at Close of Period, Total	8,051
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(78)
Shoppes At Hamilton Place
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	4,894
Initial Cost, Buildings and Improvements	11,700
Costs Capitalized Subsequent to Acquisition	2,230
Fresh Start Adjustments	(8,575)
Gross Amounts at Which Carried at Close of Period, Land	2,748
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	7,501
Gross Amounts at Which Carried at Close of Period, Total	10,249
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(117)
Outparcel properties
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	40,600
Initial Cost, Buildings and Improvements	24,545
Costs Capitalized Subsequent to Acquisition	(6,246)
Fresh Start Adjustments	5,937
Gross Amounts at Which Carried at Close of Period, Land	59,694
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	5,142
Gross Amounts at Which Carried at Close of Period, Total	64,836
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(56)
Sunrise Commons
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	1,013
Initial Cost, Buildings and Improvements	7,525
Costs Capitalized Subsequent to Acquisition	1,726
Fresh Start Adjustments	(2,845)
Gross Amounts at Which Carried at Close of Period, Land	3,504
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,915
Gross Amounts at Which Carried at Close of Period, Total	7,419
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(39)
Hickory Point Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	10,731
Initial Cost, Buildings and Improvements	31,728
Costs Capitalized Subsequent to Acquisition	(42,459)
Terrace
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	4,166
Initial Cost, Buildings and Improvements	9,929
Costs Capitalized Subsequent to Acquisition	7,995
Fresh Start Adjustments	(9,404)
Gross Amounts at Which Carried at Close of Period, Land	8,982
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	3,704
Gross Amounts at Which Carried at Close of Period, Total	12,686
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(49)
Asheville Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	7,139
Initial Cost, Buildings and Improvements	58,386
Costs Capitalized Subsequent to Acquisition	(64,720)
Sales of Outparcel Land	(805)
West Towne Crossing
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	1,784
Initial Cost, Buildings and Improvements	2,955
Costs Capitalized Subsequent to Acquisition	7,307
Fresh Start Adjustments	4,227
Gross Amounts at Which Carried at Close of Period, Land	5,831
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	10,442
Gross Amounts at Which Carried at Close of Period, Total	16,273
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(84)
EastGate Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	13,046
Initial Cost, Buildings and Improvements	44,949
Costs Capitalized Subsequent to Acquisition	(56,445)
Sales of Outparcel Land	(1,017)
Fresh Start Adjustments	(533)
Westgate Crossing
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	1,082
Initial Cost, Buildings and Improvements	3,422
Costs Capitalized Subsequent to Acquisition	7,891
Fresh Start Adjustments	(5,426)
Gross Amounts at Which Carried at Close of Period, Land	2,047
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	4,922
Gross Amounts at Which Carried at Close of Period, Total	6,969
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(56)
Westmoreland South
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	2,898
Initial Cost, Buildings and Improvements	21,167
Costs Capitalized Subsequent to Acquisition	9,237
Fresh Start Adjustments	(23,389)
Gross Amounts at Which Carried at Close of Period, Land	3,119
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	6,794
Gross Amounts at Which Carried at Close of Period, Total	9,913
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(301)
Park Plaza Mall
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	6,297
Initial Cost, Buildings and Improvements	81,638
Costs Capitalized Subsequent to Acquisition	(87,935)
Pearland Residential Mgmt
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Buildings and Improvements	9,666
Costs Capitalized Subsequent to Acquisition	(9,666)
Other Land
Real Estate And Accumulated Depreciation [Line Items]
Initial Cost, Land	37,357
Initial Cost, Buildings and Improvements	89,966
Costs Capitalized Subsequent to Acquisition	44,983
Fresh Start Adjustments	8,472
Gross Amounts at Which Carried at Close of Period, Land	99,564
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	81,214
Gross Amounts at Which Carried at Close of Period, Total	180,778
Gross Amounts at Which Carried at Close of Period, Accumulated Depreciation	(807)
Development In Progress Consisting Of Construction And Development Properties
Real Estate And Accumulated Depreciation [Line Items]
Costs Capitalized Subsequent to Acquisition	16,665
Gross Amounts at Which Carried at Close of Period, Buildings and Improvements	16,665
Gross Amounts at Which Carried at Close of Period, Total	$ 16,665

Schedule III - REAL ESTATE AS_3

Schedule III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION - Activity (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Carrying Amount of Real Estate Investments and Accumulated Depreciation [Roll Forward]
Balance at beginning of period	$ 1,797,332	$ 5,859,113	$ 6,411,400	$ 7,278,608
Additions and improvements	5,599	31,278	36,337	129,923
Acquisitions of real estate assets				5,700
Disposals, deconsolidations and accumulated depreciation on impairments	(13,876)	(250,136)	(377,165)	(786,889)
Fresh start accounting adjustments		(3,683,547)
Transfers to (from) real estate assets		(11,209)	332	22,573
Impairment of real estate assets		(148,167)	(211,791)	(238,515)
Balance at end of period	1,789,055	1,797,332	5,859,113	6,411,400
Accumulated depreciation, beginning of period		2,241,421	2,349,404	2,493,082
Depreciation expense	20,543	152,973	205,671	241,631
Fresh start accounting adjustments		(2,252,275)
Accumulated depreciation on real estate assets sold, retired, deconsolidated or impaired	(606)	$ (142,119)	(313,654)	(385,309)
Accumulated depreciation, end of period	$ 19,937		$ 2,241,421	$ 2,349,404

Schedule IV - MORTGAGE NOTES _2

Schedule IV - MORTGAGE NOTES RECEIVABLE ON REAL ESTATE (Details) - USD ($) $ in Thousands	2 Months Ended	10 Months Ended	12 Months Ended
	Dec. 31, 2021	Oct. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Mortgage Loans On Real Estate [Abstract]
Financial Designation, Predecessor and Successor [Fixed List]	Successor	Predecessor	Predecessor	Predecessor
Beginning balance		$ 1,100	$ 2,637	$ 4,884
Payments			(307)	(2,247)
Write-Offs		$ (1,100)	(1,230)
Ending balance			$ 1,100	$ 2,637