Related Party Transactions

3 Months Ended

Mar. 31, 2022

Related Party Transactions:

Certain unconsolidated joint ventures have engaged the Management Companies to manage the operations of the Centers. Under these arrangements, the Management Companies are reimbursed for compensation paid to on-site employees, leasing agents and project managers at the Centers, as well as insurance costs and other administrative expenses.

The following are fees charged to unconsolidated joint ventures:


	For the Three Months Ended March 31,
		2022		2021
Management fees		$	4,361	$	3,817
Development and leasing fees		1,383		1,430
		$	5,744	$	5,247

Interest expense from related party transactions includes $8,002 and $1,319 for the three months ended March 31, 2022 and 2021, respectively, in connection with the Financing Arrangement (See Note 12—Financing Arrangement).

Due from (to) affiliates includes $4,177 and $(327) of unreimbursed (prepaid) costs and fees from unconsolidated joint ventures due to (from) the Management Companies at March 31, 2022 and December 31, 2021, respectively.