2023 Q1 Form 10-K Financial Statement

#000095017023005470 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $136.4M $149.6M $563.0M
YoY Change -2.67% 37.45% -2.4%
Cost Of Revenue $50.93M $49.05M $191.7M
YoY Change 5.34% 1.05% 1.74%
Gross Profit $85.43M $100.6M $371.3M
YoY Change -6.89% -7.07% -4.41%
Gross Profit Margin 62.65% 67.22% 65.95%
Selling, General & Admin $19.23M $16.07M $67.22M
YoY Change 6.39% 7.45% 28.43%
% of Gross Profit 22.51% 15.98% 18.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $53.27M $61.84M $256.3M
YoY Change -22.73% 24.92% 23.18%
% of Gross Profit 62.35% 61.49% 69.03%
Operating Expenses $72.50M $77.91M $323.5M
YoY Change -16.69% -3.75% 24.24%
Operating Profit $12.94M $22.66M $47.76M
YoY Change 172.89% -16.94% -62.7%
Interest Expense $43.52M -$26.70M $217.3M
YoY Change -51.99% -113.66% -178.93%
% of Operating Profit 336.48% -117.86% 455.11%
Other Income/Expense, Net -$12.27M -$146.5M
YoY Change -74.47%
Pretax Income $413.0K $5.253M -$96.44M
YoY Change -100.97% -100.93% -85.02%
Income Tax -$101.0K $328.0K $3.079M
% Of Pretax Income -24.46% 6.24%
Net Earnings $2.259M $811.0K -$93.48M
YoY Change -105.23% -100.54% -84.97%
Net Earnings / Revenue 1.66% 0.54% -16.6%
Basic Earnings Per Share $0.06 -$3.20
Diluted Earnings Per Share $0.06 $0.03 -$3.20
COMMON SHARES
Basic Shares Outstanding 32.06M 31.83M 30.05K
Diluted Shares Outstanding 31.37K 30.05K

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.56M $44.72M $44.72M
YoY Change -87.86% -73.63% -73.63%
Cash & Equivalents $22.56M $44.72M $44.72M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $32.59M $40.62M $40.62M
Other Receivables $4.203M $3.876M $3.876M
Total Short-Term Assets $59.35M $89.21M $89.21M
YoY Change -72.13% -55.2% -55.2%
LONG-TERM ASSETS
Property, Plant & Equipment $1.631B $1.664B $1.664B
YoY Change -5.46% -5.94% -5.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $75.90M $77.30M $369.7M
YoY Change -69.72% -25.43% 45.76%
Other Assets $72.43M $97.23M $97.23M
YoY Change 21.91% 45.9% 45.9%
Total Long-Term Assets $2.456B $2.589B $2.589B
YoY Change -6.83% -5.74% -5.74%
TOTAL ASSETS
Total Short-Term Assets $59.35M $89.21M $89.21M
Total Long-Term Assets $2.456B $2.589B $2.589B
Total Assets $2.516B $2.678B $2.678B
YoY Change -11.71% -9.09% -9.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.1M $200.3M $200.3M
YoY Change -30.97% 8.63% 8.63%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $110.1M $200.3M $200.3M
YoY Change -30.97% 8.63% 8.63%
LONG-TERM LIABILITIES
Long-Term Debt $1.946B $2.000B $2.000B
YoY Change -4.36% -9.44% -9.44%
Other Long-Term Liabilities $101.6M $110.6M $110.6M
YoY Change -28.12% -27.16% -27.16%
Total Long-Term Liabilities $2.048B $2.111B $2.111B
YoY Change -5.9% -10.58% -10.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $110.1M $200.3M $200.3M
Total Long-Term Liabilities $2.048B $2.111B $2.111B
Total Liabilities $2.158B $2.311B $2.308B
YoY Change -7.71% -9.19% -9.49%
SHAREHOLDERS EQUITY
Retained Earnings -$348.7M -$338.9M
YoY Change 123.65%
Common Stock $32.00K $32.00K
YoY Change 52.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $362.8M $370.5M $370.5M
YoY Change
Total Liabilities & Shareholders Equity $2.516B $2.678B $2.678B
YoY Change -11.71% -9.09% -9.09%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $2.259M $811.0K -$93.48M
YoY Change -105.23% -100.54% -84.97%
Depreciation, Depletion And Amortization $53.27M $61.84M $256.3M
YoY Change -22.73% 24.92% 23.18%
Cash From Operating Activities $33.18M $54.41M $208.2M
YoY Change -21.81% -4.62% 26.89%
INVESTING ACTIVITIES
Capital Expenditures $6.729M $11.02M $44.83M
YoY Change -216.78% -215.87% -241.76%
Acquisitions
YoY Change
Other Investing Activities $710.0K -$37.83M $4.238M
YoY Change 50.74% -12263.34% -96.98%
Cash From Investing Activities $29.87M -$48.85M -$156.7M
YoY Change -1323.26% -64.86% -244.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -110.0M -32.34M -145.8M
YoY Change 254.58% 166.86% -7.79%
NET CHANGE
Cash From Operating Activities 33.18M 54.41M 208.2M
Cash From Investing Activities 29.87M -48.85M -156.7M
Cash From Financing Activities -110.0M -32.34M -145.8M
Net Change In Cash -46.96M -26.77M -94.25M
YoY Change -624.01% -71.54% -182.33%
FREE CASH FLOW
Cash From Operating Activities $33.18M $54.41M $208.2M
Capital Expenditures $6.729M $11.02M $44.83M
Free Cash Flow $26.45M $43.39M $163.4M
YoY Change -45.12% -34.82% -16.52%

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DistributionsInExcessOfEquityInEarningsOfUnconsolidatedAffiliates
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247494000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-280397000
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
425000000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
50041000
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
365246000
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
524171000
CY2021Q4 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
11690000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
194283000
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
154658000
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
18834000
CY2021Q4 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
427000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1684000
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
590000
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5000
CY2022 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
589000
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
298000
CY2020 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
692000
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1740000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11000
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
87000
CY2022 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
2769000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
354000
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
912000
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23873000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-145798000
CY2021Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12117000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-145993000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
209696000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
62664000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
236198000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
330282000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121722000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59058000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141949000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
236198000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
330282000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121722000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
44718000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
169554000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
260207000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61781000
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
58182000
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
33012000
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
33876000
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
37320000
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
39049000
CY2021Q4 us-gaap Escrow Deposit
EscrowDeposit
33632000
CY2021Q4 us-gaap Escrow Deposit
EscrowDeposit
36199000
CY2020Q4 us-gaap Escrow Deposit
EscrowDeposit
22621000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141949000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
236198000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
330282000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
121722000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
124149000
CY2021Q4 us-gaap Interest Paid Net
InterestPaidNet
11589000
us-gaap Interest Paid Net
InterestPaidNet
43176000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
125366000
CY2022 cbl Cash Paid For Reorganization Items
CashPaidForReorganizationItems
6532000
CY2021Q4 cbl Cash Paid For Reorganization Items
CashPaidForReorganizationItems
525000
cbl Cash Paid For Reorganization Items
CashPaidForReorganizationItems
178944000
CY2020 cbl Cash Paid For Reorganization Items
CashPaidForReorganizationItems
301000
CY2022Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
22
CY2022Q4 cbl Number Of Regional Malls Open Air Centers Owned
NumberOfRegionalMallsOpenAirCentersOwned
47
CY2022Q4 cbl Number Of Outlet Centers Owned
NumberOfOutletCentersOwned
5
CY2022Q4 cbl Number Of Lifestyle Centers Owned
NumberOfLifestyleCentersOwned
5
CY2022Q4 cbl Number Of Open Air Centers Owned
NumberOfOpenAirCentersOwned
29
CY2022Q4 cbl Number Of Other Properties Owned
NumberOfOtherPropertiesOwned
5
CY2022Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
91
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
14558000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3079000
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5885000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1078000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16836000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
152174000
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32164000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1195000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1460000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
104015000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
69814000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
46481000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
29913000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
19098000
CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
618000
CY2021Q4 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
216000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1640000
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
9726000
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
10853000
CY2022 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;text-decoration:underline;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;font-style:italic;min-width:fit-content;">Carrying Value of Long-Lived Assets</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> </span></p><p style="text-indent:6.667%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">The Company monitors events or changes in circumstances that could indicate the carrying value of a long-lived asset may not be recoverable. The Company uses significant judgement in assessing events or circumstances which might indicate impairment, including but not limited to, changes in management’s intent to hold a long-lived asset over its previously estimated useful life. Changes in management’s intent to hold a long-lived asset have a significant impact on the estimated undiscounted cash flows expected to result from the use and eventual disposition of a long-lived asset and whether a potential impairment loss shall be measured. When indicators of potential impairment are present that suggest that the carrying amounts of a long-lived asset may not be recoverable, the Company assesses the recoverability of the asset by determining whether the asset’s carrying value will be recovered through the estimated undiscounted future cash flows expected from the Company’s use and its eventual disposition. In the event that such undiscounted future cash flows do not exceed the carrying value, the Company adjusts the carrying value of the long-lived asset to its estimated fair value and recognizes an impairment loss. The estimated fair value is calculated based on the following information, in order of preference, depending upon availability: (Level 1) recently quoted market prices, (Level 2) market prices for comparable properties, or (Level 3) the present value of future cash flows, including estimated salvage value. Certain of the Company’s long-lived assets may be carried at more than an amount that could be realized in a current disposition transaction. The Company estimates future operating cash flows, the terminal capitalization rate and the discount rate, among other factors. As these assumptions are subject to economic and market uncertainties, they are difficult to predict and are subject to future events that may alter the assumptions used or management’s estimates of future possible outcomes. Therefore, the future cash flows estimated in the Company’s impairment analyses may not be achieved. See </span><a href="#note_16_fair_value"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,255,1);white-space:pre-wrap;font-weight:normal;text-decoration:underline;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">Note 15</span></a><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;"> for information related to the impairment of long-lived assets in 2022, 2021 and 2020</span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">.</span></p>
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
97231000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
66644000
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2021Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2021Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-10853000
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2744000
CY2021Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
51000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
814000
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5476000
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
2733000
CY2021Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
19000
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1631000
CY2021Q4 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
142000
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2992000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2882000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1951000
CY2021Q4 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4968000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1078000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2278000
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1128000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
542247000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-93482000
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-151545000
us-gaap Net Income Loss
NetIncomeLoss
-470627000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-295084000
CY2020 cbl Preferred Dividends Undeclared
PreferredDividendsUndeclared
37410000
CY2022 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
2537000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-96019000
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-151545000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-470627000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-332494000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30046
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20208
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
196591
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
190277
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.20
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-7.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.39
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.75
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-96019000
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-151545000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-470627000
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-332494000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30046
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20208
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
196591
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190277
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.20
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-7.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.39
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.75
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;text-decoration:underline;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:6.667%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Arial&quot;, sans-serif;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates.</span></p>
CY2021Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
103252000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
450922000
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
554064000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
17850000
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4785000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13755000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18541000
CY2022 us-gaap Revenues
Revenues
563011000
CY2021Q4 us-gaap Revenues
Revenues
108846000
us-gaap Revenues
Revenues
468029000
CY2020 us-gaap Revenues
Revenues
575861000
CY2022 cbl Revenue Performance Obligation Lease Commission Recognized Upon Lease Execution Percentage
RevenuePerformanceObligationLeaseCommissionRecognizedUponLeaseExecutionPercentage
0.50
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
20872000
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
47180000
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
42875000
CY2022Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
110927000
CY2022 cbl Tenant Reimbursements Period Related To Certain Capital Expenditure Minimum
TenantReimbursementsPeriodRelatedToCertainCapitalExpenditureMinimum
P5Y
CY2022 cbl Tenant Reimbursements Period Related To Certain Capital Expenditure Maximum
TenantReimbursementsPeriodRelatedToCertainCapitalExpenditureMaximum
P15Y
CY2022 us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Successor
CY2021Q4 us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Successor
us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Predecessor
CY2020 us-gaap Financial Designation Predecessor And Successor Fixed List
FinancialDesignationPredecessorAndSuccessorFixedList
Predecessor
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
396755000
CY2021Q4 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
75740000
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
271221000
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
459958000
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
145492000
CY2021Q4 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
27512000
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
179701000
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
94106000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
542247000
CY2021Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
103252000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
450922000
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
554064000
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
17101000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
366633000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
294854000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
229284000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
171650000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
121611000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
266165000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1450197000
CY2021Q4 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
CY2020 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
15446000
CY2022Q4 cbl Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
0
CY2021Q4 cbl Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
0
CY2022Q4 cbl Number Of Entities Equity Method Of Accounting
NumberOfEntitiesEquityMethodOfAccounting
23
CY2022Q4 cbl Numberof Joint Venture Entities
NumberofJointVentureEntities
16
CY2021Q4 cbl Proceeds After Factoring In Its Share Of Outstanding Debt
ProceedsAfterFactoringInItsShareOfOutstandingDebt
7103000
CY2021Q4 us-gaap Secured Debt
SecuredDebt
395395000
CY2021Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.1000
CY2022Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
1023634000
CY2021Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
1066927000
CY2022Q4 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
1065942000
CY2021Q4 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
947002000
CY2022Q4 cbl Long Term Debt Net Excluding Deferred Financing Costs
LongTermDebtNetExcludingDeferredFinancingCosts
2089576000
CY2022Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0621
CY2021Q4 cbl Long Term Debt Net Excluding Deferred Financing Costs
LongTermDebtNetExcludingDeferredFinancingCosts
2013929000
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1567000
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
72289000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
199153000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2000186000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1813209000
CY2022Q2 us-gaap Line Of Credit
LineOfCredit
360000000
CY2022Q2 us-gaap Debt Instrument Term
DebtInstrumentTerm
P5Y
CY2021Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0456
CY2022Q2 cbl Debt Instrument Extension Term
DebtInstrumentExtensionTerm
P2Y
CY2022Q2 us-gaap Line Of Credit Facility Collateral
LineOfCreditFacilityCollateral
90 outparcels and 13 open-air centers
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
321695000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
83003000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
813630000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
377078000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
360896000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
62855000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2019157000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
321695000
CY2022Q4 cbl Property Level Debt And Related Obligations
PropertyLevelDebtAndRelatedObligations
553910000
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
70419000
CY2022Q4 us-gaap Notes Payable
NotesPayable
483492000
CY2022Q3 cbl Percentage Of Beneficial Ownership Acquires
PercentageOfBeneficialOwnershipAcquires
0.100
CY2022Q3 cbl Common Stock Redemption Price Per Share
CommonStockRedemptionPricePerShare
0.001
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.20
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0
CY2022Q4 cbl Number Of Other Consolidated Subsidiaries
NumberOfOtherConsolidatedSubsidiaries
11
CY2021Q4 cbl Number Of Other Consolidated Subsidiaries
NumberOfOtherConsolidatedSubsidiaries
12
CY2022 us-gaap Revenues
Revenues
563011000
CY2022 cbl Property Operating Expenses
PropertyOperatingExpenses
191730000
CY2022 us-gaap Interest Expense
InterestExpense
217342000
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
5345000
CY2022 us-gaap Other General Expense
OtherGeneralExpense
834000
CY2022 cbl Segment Profit Loss
SegmentProfitLoss
158450000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
256310000
CY2022 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
304000
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
4938000
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
7344000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
67215000
CY2022 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-39000
CY2022 us-gaap Reorganization Items
ReorganizationItems
-298000
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
252000
CY2022 us-gaap Gain Loss On Investments
GainLossOnInvestments
36250000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3079000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19796000
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-99515000
CY2022Q4 us-gaap Assets
Assets
2678243000
CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
42944000
CY2021Q4 us-gaap Revenues
Revenues
108846000
CY2021Q4 cbl Property Operating Expenses
PropertyOperatingExpenses
32437000
CY2021Q4 us-gaap Interest Expense
InterestExpense
195488000
CY2021Q4 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-3000
CY2021Q4 us-gaap Other General Expense
OtherGeneralExpense
3000
CY2021Q4 cbl Segment Profit Loss
SegmentProfitLoss
-119085000
CY2021Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
49504000
CY2021Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9175000
CY2021Q4 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
118000
CY2021Q4 us-gaap Investment Income Net
InvestmentIncomeNet
510000
CY2021Q4 us-gaap Gain Loss On Investments
GainLossOnInvestments
19126000
CY2021Q4 us-gaap Reorganization Items
ReorganizationItems
1403000
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5885000
CY2021Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
797000
CY2021Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-152731000
CY2021Q4 us-gaap Assets
Assets
2945979000
CY2021Q4 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
4783000
us-gaap Revenues
Revenues
468029000
cbl Property Operating Expenses
PropertyOperatingExpenses
156009000
us-gaap Interest Expense
InterestExpense
72415000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
12187000
us-gaap Other General Expense
OtherGeneralExpense
745000
cbl Segment Profit Loss
SegmentProfitLoss
251047000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
158574000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
43160000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
932000
us-gaap Investment Income Net
InvestmentIncomeNet
2055000
us-gaap Reorganization Items
ReorganizationItems
435162000
us-gaap Gain Loss On Investments
GainLossOnInvestments
55131000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
146781000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1078000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-10823000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-486413000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
30524000
CY2020 us-gaap Revenues
Revenues
575861000
CY2020 cbl Property Operating Expenses
PropertyOperatingExpenses
187879000
CY2020 us-gaap Interest Expense
InterestExpense
200663000
CY2020 us-gaap Other General Expense
OtherGeneralExpense
953000
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4696000
CY2020 cbl Segment Profit Loss
SegmentProfitLoss
191062000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
215030000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53425000
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
6396000
CY2020 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
7855000
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
32521000
CY2020 us-gaap Reorganization Items
ReorganizationItems
35977000
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
213358000
CY2020 cbl Prepetition Charges
PrepetitionCharges
23883000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16836000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-14854000
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-335529000
CY2020Q4 us-gaap Assets
Assets
4443740000
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
42108000
CY2022 cbl Additions To Real Estate Assets Accrued But Not Yet Paid
AdditionsToRealEstateAssetsAccruedButNotYetPaid
9242000
CY2021Q4 cbl Additions To Real Estate Assets Accrued But Not Yet Paid
AdditionsToRealEstateAssetsAccruedButNotYetPaid
11108000
cbl Additions To Real Estate Assets Accrued But Not Yet Paid
AdditionsToRealEstateAssetsAccruedButNotYetPaid
11066000
CY2020 cbl Additions To Real Estate Assets Accrued But Not Yet Paid
AdditionsToRealEstateAssetsAccruedButNotYetPaid
5945000
CY2022 cbl Accrued Dividends And Distributions Payable
AccruedDividendsAndDistributionsPayable
70058000
CY2022 us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
3857000
CY2022 cbl Increase Decreasein Operating Assetsand Liabilities
IncreaseDecreaseinOperatingAssetsandLiabilities
3487000
CY2020 us-gaap Real Estate Period Increase Decrease
RealEstatePeriodIncreaseDecrease
-57001000
CY2020 us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
85371000
CY2020 cbl Increase Decreasein Operating Assetsand Liabilities
IncreaseDecreaseinOperatingAssetsandLiabilities
4288000
CY2020 cbl Increase Decrease In Leased Intangible Assets Through Transfers
IncreaseDecreaseInLeasedIntangibleAssetsThroughTransfers
-137000
CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
21163000
CY2022 cbl Environmental Liability Insurance Maximum Coverage Per Incident
EnvironmentalLiabilityInsuranceMaximumCoveragePerIncident
40000
CY2022 cbl Environmental Liability Insurance Annual Coverage Limit.
EnvironmentalLiabilityInsuranceAnnualCoverageLimit.
40000
CY2022Q4 us-gaap Guarantees Fair Value Disclosure
GuaranteesFairValueDisclosure
561000
CY2021Q4 us-gaap Guarantees Fair Value Disclosure
GuaranteesFairValueDisclosure
732000
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1833992000
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2059094000
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.025
CY2021Q4 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
120290000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
146781000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
146781000
cbl Number Of Malls With Impairment
NumberOfMallsWithImpairment
5
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
213358000
CY2020 cbl Number Of Malls With Impairment
NumberOfMallsWithImpairment
6
CY2020Q4 cbl Number Of Community Centers Owned With Impairment
NumberOfCommunityCentersOwnedWithImpairment
1
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
10400000
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
10000
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
20000
CY2022 cbl Defined Contribution Plan Required Service Period Prior To Plan Participation
DefinedContributionPlanRequiredServicePeriodPriorToPlanParticipation
P2M
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.50
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
823000
CY2021Q4 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
97000
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
658000
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
650000
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
12380260
CY2022 us-gaap Reorganization Items
ReorganizationItems
-298000
CY2021Q4 us-gaap Reorganization Items
ReorganizationItems
1403000
us-gaap Reorganization Items
ReorganizationItems
435162000
cbl Debtor Reorganization Items Individual Assets And Liabilities
DebtorReorganizationItemsIndividualAssetsAndLiabilities
779092000
cbl Debtor Reorganization Items Professional Fees And Success Fees
DebtorReorganizationItemsProfessionalFeesAndSuccessFees
75545000
cbl Debtor Reorganization Items Compensation
DebtorReorganizationItemsCompensation
1211000
cbl Debtor Reorganization Items Us Trustee Fees
DebtorReorganizationItemsUSTrusteeFees
1741000
CY2020 us-gaap Reorganization Items
ReorganizationItems
35977000
CY2020 us-gaap Debtor Reorganization Items Legal And Advisory Professional Fees
DebtorReorganizationItemsLegalAndAdvisoryProfessionalFees
10347000
CY2020 cbl Debtor Reorganization Items Debtor In Possession Facility Financing Cost And Debt Discount
DebtorReorganizationItemsDebtorInPossessionFacilityFinancingCostAndDebtDiscount
25294000
CY2020 cbl Debtor Reorganization Items Us Trustee Fees
DebtorReorganizationItemsUSTrusteeFees
336000
CY2022 cbl Fresh Start Reporting Description
FreshStartReportingDescription
Upon emergence from bankruptcy, the Company qualified for and adopted fresh start accounting in accordance with ASC 852, which resulted in the Company becoming a new entity for financial reporting purposes because (1) the holders of the then existing common shares of the Predecessor received less than 50 percent of the new shares of common stock of the Successor outstanding upon emergence and (2) the reorganization value of the Company’s assets immediately prior to confirmation of the Plan was less than the total of all post-petition liabilities and allowed claims. The Company elected to apply fresh start accounting using a convenience date of October 31, 2021. Management evaluated and concluded that the events on November 1, 2021 were not material to the Company’s financial reporting on both a quantitative and qualitative basis.
CY2022 cbl Maximum Percentage Of Voting Shares To Qualify For Fresh Start Reporting
MaximumPercentageOfVotingSharesToQualifyForFreshStartReporting
0.50
CY2021Q2 cbl Reorganization Value Best Point Estimate Of Shareholders Equity
ReorganizationValueBestPointEstimateOfShareholdersEquity
547448000
CY2021Q2 cbl Reorganization Value Including Noncontrolling Interest
ReorganizationValueIncludingNoncontrollingInterest
553535000
CY2021Q2 cbl Capitalization Rate Percentage To Estimate Enterprise Value
CapitalizationRatePercentageToEstimateEnterpriseValue
0.10
CY2021Q2 cbl Weighted Average Cost Of Capital
WeightedAverageCostOfCapital
0.11
CY2021Q2 cbl Reorganization Value Enterprise Value
ReorganizationValueEnterpriseValue
2296872000
CY2021Q2 cbl Post Confirmation Value Fair Value Of Noncontrolling Interest In Consolidated Subsidiaries
PostConfirmationValueFairValueOfNoncontrollingInterestInConsolidatedSubsidiaries
6087000
CY2021Q2 cbl Post Confirmation Present Value Of Discounted Cash Flows Of Emerging Entity
PostConfirmationPresentValueOfDiscountedCashFlowsOfEmergingEntity
2290785000
CY2021Q2 cbl Post Confirmation Cash And Cash Equivalents And Restricted Cash
PostConfirmationCashAndCashEquivalentsAndRestrictedCash
330282000
CY2021Q2 cbl Post Confirmation Value Far Value Of Mortgage And Other Indebtedness
PostConfirmationValueFarValueOfMortgageAndOtherIndebtedness
1678619000
CY2021Q2 cbl Post Confirmation Fair Value Of Senior Secured Notes
PostConfirmationFairValueOfSeniorSecuredNotes
395000000
CY2021Q2 cbl Reorganization Value Fair Value Of Successor Stockholders Equity
ReorganizationValueFairValueOfSuccessorStockholdersEquity
547448000
CY2021Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
20000000
CY2021Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
27.37
CY2021Q2 cbl Reorganization Value Enterprise Value
ReorganizationValueEnterpriseValue
2296872000
CY2021Q2 cbl Post Confirmation Cash And Cash Equivalents And Restricted Cash
PostConfirmationCashAndCashEquivalentsAndRestrictedCash
330282000
CY2021Q2 cbl Post Confirmation Accounts Payable And Accrued Liabilities
PostConfirmationAccountsPayableAndAccruedLiabilities
335513000
CY2021Q2 us-gaap Reorganization Value
ReorganizationValue
2962667000
CY2021Q2 cbl Reorganization Expenses Incremental Borrowing Rate
ReorganizationExpensesIncrementalBorrowingRate
0.120
CY2021Q4 us-gaap Land
Land
602015000
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1179458000
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1781473000
CY2021Q4 cbl Real Estate Investment Property Net Before Development In Process
RealEstateInvestmentPropertyNetBeforeDevelopmentInProcess
1781473000
CY2021Q4 us-gaap Development In Process
DevelopmentInProcess
15858000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1797331000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
260207000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
5859113000
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
6411400000
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
20913000
CY2021Q4 us-gaap Other Receivables
OtherReceivables
5310000
CY2021Q4 cbl Mortgage And Other Notes Receivable
MortgageAndOtherNotesReceivable
397000
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
121841000
CY2021Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
413530000
CY2021Q4 cbl Finite Lived Intangible Asset Above Market Leases Net
FiniteLivedIntangibleAssetAboveMarketLeasesNet
244996000
CY2021Q4 cbl Intangible Lease And Other Assets
IntangibleLeaseAndOtherAssets
98142000
CY2021Q4 us-gaap Assets
Assets
2962667000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
1678619000
CY2021Q4 us-gaap Secured Debt
SecuredDebt
395000000
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
159243000
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
176270000
CY2021Q4 cbl Liabilities Not Subject To Compromise
LiabilitiesNotSubjectToCompromise
2409132000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20774716
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20774716
CY2021Q4 cbl Successor Common Stock Value
SuccessorCommonStockValue
20000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
547428000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
547448000
CY2021Q4 us-gaap Minority Interest
MinorityInterest
6087000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
553535000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2962667000
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
455000000
CY2022Q4 us-gaap Secured Demand Notes
SecuredDemandNotes
60000000
CY2022Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
1260123000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
732733000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
4057619000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
734616000
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
42995000
CY2022 cbl Real Estate Assets And Accumulated Depreciation Fresh Start Adjustments
RealEstateAssetsAndAccumulatedDepreciationFreshStartAdjustments
3681085000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
596715000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1204173000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1800888000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
136901000
CY2022Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
6400000000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1789055000
CY2022Q4 us-gaap Real Estate Improvements
RealEstateImprovements
37080000
CY2021Q4 us-gaap Real Estate Improvements
RealEstateImprovements
5599000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1797332000
us-gaap Real Estate Improvements
RealEstateImprovements
31278000
CY2020 us-gaap Real Estate Improvements
RealEstateImprovements
36337000
CY2022Q4 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
5766000
CY2022Q4 cbl Real Estate Disposals And Deconsolidations
RealEstateDisposalsAndDeconsolidations
30752000
CY2021Q4 cbl Real Estate Disposals And Deconsolidations
RealEstateDisposalsAndDeconsolidations
13876000
cbl Real Estate Disposals And Deconsolidations
RealEstateDisposalsAndDeconsolidations
250136000
CY2020 cbl Real Estate Disposals And Deconsolidations
RealEstateDisposalsAndDeconsolidations
377165000
cbl Real Estate Fresh Start Accounting Adjustments
RealEstateFreshStartAccountingAdjustments
-3683547000
CY2022Q4 cbl Real Estate Transfers To From Real Estate Assets
RealEstateTransfersToFromRealEstateAssets
-261000
cbl Real Estate Transfers To From Real Estate Assets
RealEstateTransfersToFromRealEstateAssets
-11209000
CY2020 cbl Real Estate Transfers To From Real Estate Assets
RealEstateTransfersToFromRealEstateAssets
332000
cbl Real Estate Assets Impairment Of Real Estate Assets
RealEstateAssetsImpairmentOfRealEstateAssets
148167000
CY2020 cbl Real Estate Assets Impairment Of Real Estate Assets
RealEstateAssetsImpairmentOfRealEstateAssets
211791000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1800888000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1789055000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1797332000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
5859113000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
19937000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2241421000
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2349404000
CY2022Q4 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
123695000
CY2021Q4 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
20543000
us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
152973000
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
205671000
cbl Real Estate Accumulated Depreciation Fresh Start Accounting Adjustments
RealEstateAccumulatedDepreciationFreshStartAccountingAdjustments
-2252275000
CY2022Q4 cbl Real Estate Accumulated Depreciation Transfers From Real Estate Assets
RealEstateAccumulatedDepreciationTransfersFromRealEstateAssets
15000
CY2022Q4 cbl Real Estate Accumulated Depreciation Real Estate Sold And Other Deductions
RealEstateAccumulatedDepreciationRealEstateSoldAndOtherDeductions
6746000
CY2021Q4 cbl Real Estate Accumulated Depreciation Real Estate Sold And Other Deductions
RealEstateAccumulatedDepreciationRealEstateSoldAndOtherDeductions
606000
cbl Real Estate Accumulated Depreciation Real Estate Sold And Other Deductions
RealEstateAccumulatedDepreciationRealEstateSoldAndOtherDeductions
142119000
CY2020 cbl Real Estate Accumulated Depreciation Real Estate Sold And Other Deductions
RealEstateAccumulatedDepreciationRealEstateSoldAndOtherDeductions
313654000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
136901000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
19937000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2241421000
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1100000
CY2019Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
2637000
CY2020 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
307000
us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
1100000
CY2020 us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
1230000
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1100000

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