SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

Accumulated Other Comprehensive Income (Loss) [Line Items]

Schedule of new accounting pronouncements and changes in accounting principles

The Company's revenue streams for the year ended December 31, 2017, approximate the following:



Revenue stream		% of Total Revenues
Leasing revenues		97%
Revenues within the scope of ASC 606		2%
Other revenues		1%
		100%

The following updates, which were effective as of the same date as ASU 2014-09 as deferred by ASU 2015-14, Deferral of the Effective Date, were issued by the FASB to clarify the implementation of the revenue guidance:



Issuance Date	Accounting Standards Update
March 2016	ASU 2016-08	Principal versus Agent Considerations (Reporting Revenue Gross versus Net)
April 2016	ASU 2016-10	Identifying Performance Obligations and Licensing
May 2016	ASU 2016-11	Rescission of SEC Guidance Because of Accounting Standards Updates 2014-09 and 2014-16 Pursuant to Staff Announcements at the March 3, 2016 EITF Meeting
May 2016	ASU 2016-12	Narrow Scope Improvements and Practical Expedients
December 2016	ASU 2016-20	Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers
September 2017	ASU 2017-13	Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments
November 2017	ASU 2017-14	Amendments to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 116 and SEC Release No. 33-10403

Schedule of intangible assets and balance sheet classifications

The Company’s intangibles and their balance sheet classifications as of December 31, 2017 and 2016, are summarized as follows:



	December 31, 2017					December 31, 2016
	Cost		Accumulated Amortization			Cost		Accumulated Amortization
Intangible lease assets and other assets:
Above-market leases	$	38,798	$	(31,245	)	$	49,310	$	(38,197	)
In-place leases	103,230		(78,854		)	110,968		(80,256		)
Tenant relationships	44,580		(9,719		)	29,494		(6,610		)
Accounts payable and accrued liabilities:
Below-market leases	69,990		(49,756		)	87,266		(60,286		)

Schedule of income tax provision

The Company recorded an income tax benefit (provision) as follows for the years ended December 31, 2017, 2016 and 2015:



	Year Ended December 31,
	2017			2016		2015
Current tax benefit (provision)	$	6,459		$	1,156	$	(3,093	)
Deferred tax benefit (provision)	(4,526		)	907		152
Income tax benefit (provision)	$	1,933		$	2,063	$	(2,941	)

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 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 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 and 2015 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, 2015	$	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 and $2,196 of interest on cash flow hedges to interest expense in the consolidated statement of operations for the years ended December 31, 2016 and 2015, 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 and 2015 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, 2015	$	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 and $2,196 of interest on cash flow hedges to interest expense in the consolidated statement of operations for the years ended December 31, 2016 and 2015, 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.