SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of Intangible Assets and Balance Sheet Classifications

The Company’s intangibles and their balance sheet classifications as of December 31, 2016 and 2015, are summarized as follows:



	December 31, 2016					December 31, 2015
	Cost		Accumulated Amortization			Cost		Accumulated Amortization
Intangible lease assets and other assets:
Above-market leases	$	49,310	$	(38,197	)	$	54,080	$	(39,228	)
In-place leases	110,968		(80,256		)	113,335		(71,460		)
Tenant relationships	29,494		(6,610		)	29,742		(5,868		)
Accounts payable and accrued liabilities:
Below-market leases	87,266		(60,286		)	89,182		(54,999		)

Schedule of Income Tax Provision

The Company recorded an income tax benefit (provision) as follows for the years ended December 31, 2016, 2015 and 2014:



	Year Ended December 31,
	2016		2015			2014
Current tax benefit (provision)	$	1,156	$	(3,093	)	$	(3,170	)
Deferred tax benefit (provision)	907		152			(1,329		)
Income tax benefit (provision)	$	2,063	$	(2,941	)	$	(4,499	)

Summary of Impact of Potential Dilutive Common Shares on the Denominator Used to Compute Earnings Per Share

The following summarizes the impact of potential dilutive common units on the denominator used to compute EPU for the years ended December 31, 2016 and 2015:



	Year Ended December 31,
	2016	2015
Denominator – basic	199,764	199,734
Effect of performance stock units ⁽¹⁾	74	23
Denominator – diluted	199,838	199,757

(1) Performance stock units are contingently issuable common shares and are included in earnings per unit if the effect is dilutive. See Note 16 for a description of the long-term incentive program, which was adopted in 2015, that these units relate to.

The following summarizes the impact of potential dilutive common shares on the denominator used to compute EPS for the years ended December 31, 2016 and 2015:



	Year Ended December 31,
	2016	2015
Denominator – basic	170,762	170,476
Effect of performance stock units ⁽¹⁾	74	23
Denominator – diluted	170,836	170,499

(1) Performance stock units are contingently issuable common shares and are included in earnings per share if the effect is dilutive. See Note 16 for a description of the long-term incentive program, which was adopted in 2015, that these units relate to.

Components of Accumulated Other Comprehensive Income (Loss)

The changes in the components of AOCI for the years ended December 31, 2016, 2015 and 2014 are as follows:



	Redeemable Noncontrolling Interests						The Company						Noncontrolling Interests
	Unrealized Gains (Losses)
	Hedging Agreements			Available- for-Sale Securities			Hedging Agreements			Available- for-Sale Securities			Hedging Agreements			Available- for-Sale Securities			Total
Beginning balance, January 1, 2014	$	387		$	333		$	(1,214	)	$	7,539		$	(3,304	)	$	1,903		$	5,644
OCI before reclassifications	14			51			3,712			5,569			251			923			10,520
Amounts reclassified from AOCI ⁽¹⁾	—			—			(2,195		)	—			—			—			(2,195		)
Net year-to-date period OCI	14			51			1,517			5,569			251			923			8,325
Ending balance, December 31, 2014	401			384			303			13,108			(3,053		)	2,826			13,969
OCI before reclassifications	32			10			3,828			160			251			72			4,353
Amounts reclassified from AOCI⁽¹⁾	—			(394		)	(2,196		)	(13,268		)	—			(2,898		)	(18,756		)
Net year-to-date period OCI/L	32			(384		)	1,632			(13,108		)	251			(2,826		)	(14,403		)
Ending balance, December 31, 2015	433			—			1,935			—			(2,802		)	—			(434		)
OCI before reclassifications	3			—			814			—			60			—			877
Amounts reclassified from AOCI⁽¹⁾	(436		)	—			(2,749		)	—			2,742			—			(443		)
Net year-to-date period OCI/L	(433		)	—			(1,935		)	—			2,802			—			434
Ending balance, December 31, 2016	$	—		$	—		$	—		$	—		$	—		$	—		$	—


(1)	Reclassified $443, $2,196 and $2,195 of interest on cash flow hedges to Interest Expense in the consolidated statement of operations for the years ended December 31, 2016, 2015 and 2014, respectively. Reclassified $16,560 realized gain on sale of available-for-sale securities to Gain on Investments in the consolidated statement of operations for the year ended December 31, 2015.

CBL & Associates Limited Partnership

Accumulated Other Comprehensive Income (Loss) [Line Items]

Components of Accumulated Other Comprehensive Income (Loss)

The changes in the components of AOCI for the years ended December 31, 2016, 2015 and 2014 are as follows:



	Redeemable Common Units						Partners' Capital
	Unrealized Gains (Losses)
	Hedging Agreements			Available- for-Sale Securities			Hedging Agreements			Available- for-Sale Securities			Total
Beginning balance, January 1, 2014	$	387		$	333		$	(4,518	)	$	9,442		$	5,644
OCI before reclassifications	14			51			3,963			6,492			10,520
Amounts reclassified from AOCI ⁽¹⁾	—			—			(2,195		)	—			(2,195		)
Net year-to-date period OCI	14			51			1,768			6,492			8,325
Ending balance, December 31, 2014	401			384			(2,750		)	15,934			13,969
OCI before reclassifications	33			10			4,078			232			4,353
Amounts reclassified from AOCI⁽¹⁾	—			(394		)	(2,196		)	(16,166		)	(18,756		)
Net year-to-date period OCI/L	33			(384		)	1,882			(15,934		)	(14,403		)
Ending balance, December 31, 2015	434			—			(868		)	—			(434		)
OCI before reclassifications	3			—			874						877
Amounts reclassified from AOCI⁽¹⁾	(437		)	—			(6		)				(443		)
Net year-to-date period OCI/L	(434		)	—			868			—			434
Ending balance, December 31, 2016	$	—		$	—		$	—		$	—		$	—


(1)	Reclassified $443, $2,196 and $2,195 of interest on cash flow hedges to Interest Expense in the consolidated statement of operations for the years ended December 31, 2016, 2015 and 2014, respectively. Reclassified $16,560 realized gain on sale of available-for-sale securities to Gain on Investments in the consolidated statement of operations for the year ended December 31, 2015.