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ORGANIZATION (Tables)
 12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Properties Owned by Operating Partnership As of December 31, 2023, the Operating Partnership owned interests in the following properties:

 

 

Malls (1)

 

 

Outlet Centers (1)

 

 

Lifestyle Centers (1)(2)

 

 

Open-Air Centers (3)

 

 

Other (3)(4)

 

 

Total

 

Consolidated Properties

 

 

40

 

 

 

2

 

 

 

4

 

 

 

21

 

 

 

4

 

 

 

71

 

Unconsolidated Properties (5)

 

 

7

 

 

 

3

 

 

 

1

 

 

 

8

 

 

 

1

 

 

 

20

 

Total

 

 

47

 

 

 

5

 

 

 

5

 

 

 

29

 

 

 

5

 

 

 

91

 
(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)
Alamance Crossing is made up of Alamance Crossing East and Alamance Crossing West. Alamance Crossing East was deconsolidated and placed into receivership in connection with foreclosure process. Alamance Crossing West remains consolidated. The Company views Alamance Crossing as one property and therefore only Alamance Crossing West is reflected in the total count.
(3)
Included in “All Other” for purposes of segment reporting.
(4)
CBL's two consolidated corporate office buildings are included in the Other category.
(5)
The Operating Partnership accounts for these investments using the equity method.