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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