CBL & ASSOCIATES PROPERTIES, INC CBL Balance Sheet

Cbl & associates properties, inc (CBL)

Balance Sheet / Quarterly

Dec'19	Sep'19	Jun'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Mar'15	Sep'14	Jun'14	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Real estate assets:
Land
-	741	756	-	818	797	808	813	811	818	851	820	839	851	866	876	905	849	848	852	882	909	905	905	872	888	851	851	926	926	926	928	944	943	946
Buildings and improvements
-	5,819	6,153	-	6,544	6,590	6,688	6,723	6,668	6,687	6,964	6,942	6,906	7,000	7,159	7,287	7,410	7,228	7,138	7,085	7,100	7,237	7,215	7,228	7,020	7,020	6,779	6,777	7,585	7,543	7,538	7,543	7,568	7,557	7,569
Real estate assets
-	6,560	6,910	-	7,362	7,387	7,496	7,536	7,480	7,505	7,816	7,763	7,745	7,851	8,026	8,164	8,315	8,077	7,987	7,938	7,983	8,147	8,120	8,133	7,892	7,908	7,630	7,629	8,511	8,469	8,464	8,471	8,513	8,501	8,515
Accumulated depreciation
-	2,404	2,477	-	2,514	2,501	2,496	2,465	2,411	2,374	2,477	2,427	2,370	2,369	2,383	2,382	2,395	2,284	2,183	2,126	2,017	2,061	2,026	1,972	1,920	1,873	1,814	1,762	1,883	1,838	1,778	1,721	1,665	1,612	1,505
Real estate investment property, net, before developments in progress
-	4,156	4,432	-	4,847	4,885	5,000	5,071	5,068	5,131	5,338	5,336	5,375	5,482	5,643	5,781	5,920	5,793	5,803	5,812	5,965	6,086	6,093	6,161	5,971	6,035	5,816	5,866	6,627	6,631	6,686	6,750	6,847	6,888	7,009
Held for sale
-	0	44	-	14	17	-	0	0	0	0	5	32	65	18	0	-	-	-	-	0	0	0	29	1	0	0	14	-	-	-	0	1	-	-
Developments in progress
-	63	47	-	73	114	100	85	100	94	185	178	141	116	87	75	123	105	151	185	161	210	164	137	170	139	127	124	151	198	160	139	121	99	85
Net investment in real estate assets
-	4,220	4,525	-	4,935	5,017	5,100	5,156	5,168	5,226	5,524	5,520	5,548	5,663	5,749	5,857	6,043	5,898	5,954	5,997	6,127	6,296	6,258	6,328	6,143	6,174	5,943	6,005	6,778	6,830	6,846	6,890	6,970	6,987	7,095
Cash and cash equivalents
-	34	20	-	20	23	23	32	31	29	27	18	24	21	25	36	32	37	45	63	74	64	66	78	66	71	61	56	61	47	49	50	56	60	48
Receivables:
Tenant, net of allowance for doubtful accounts of $260 in 2018
-	76	72	-	77	76	78	83	86	84	90	94	95	99	93	87	87	81	79	76	77	78	76	78	79	71	69	74	79	72	69	77	73	69	73
Other
-	6	8	-	7	6	8	7	5	7	11	6	14	16	13	17	21	21	24	22	20	29	15	8	12	8	9	11	12	12	12	11	12	13	8
Mortgage and other notes receivable
-	5	6	-	8	8	8	8	19	17	16	16	13	15	20	18	18	19	19	40	24	25	22	25	26	25	33	34	26	26	28	30	37	38	38
Investments in unconsolidated affiliates
-	279	270	-	275	278	306	249	251	254	262	266	287	275	294	276	277	280	269	271	279	282	275	259	302	304	304	304	179	180	180	179	196	214	186
Intangible lease assets and other assets
-	146	144	-	166	172	176	166	180	188	194	180	190	187	187	185	214	203	238	229	261	257	275	309	258	257	209	232	283	275	269	265	267	273	279
Total assets
-	4,769	5,048	-	5,491	5,582	5,702	5,704	5,743	5,808	6,126	6,104	6,174	6,280	6,383	6,479	6,695	6,543	6,632	6,701	6,866	7,034	6,990	7,089	6,890	6,913	6,632	6,719	7,422	7,445	7,457	7,506	7,615	7,656	7,729
Variable interest asset entities
-	484	-	-	-	-	644	-	652	655	663	-	618	601	517	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LIABILITIES AND OWNERS' EQUITY
Mortgage notes payable, net
-	3,699	3,865	-	4,115	4,172	4,207	4,230	4,216	4,249	4,522	4,465	4,531	4,540	4,683	4,710	4,821	4,669	4,711	4,810	4,867	4,622	4,680	4,745	4,701	4,693	4,459	4,489	5,233	5,194	5,184	5,209	5,424	5,455	5,616
Accounts payable and accrued liabilities
-	260	260	-	247	224	232	228	270	244	273	280	303	284	299	344	355	314	347	315	348	327	302	358	337	323	270	303	314	293	283	314	306	290	248
Liabilities related to assets held for sale
-	0	0	-	-	-	-	-	-	-	-	-	-	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
-	3,959	4,126	-	4,363	4,396	4,440	4,459	4,486	4,493	4,796	4,745	4,834	4,862	4,983	5,055	5,176	4,984	5,058	5,126	5,215	4,949	4,983	5,104	5,039	5,016	4,730	4,792	5,547	5,487	5,468	5,524	5,731	5,746	5,864
Commitments and contingencies (Note 8 and Note 12)
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-
Redeemable noncontrolling interests
-	1	2	-	6	8	6	8	13	13	15	17	22	17	20	25	28	37	34	36	37	40	43	40	40	38	36	32	24	35	34	34	27	25	22
Redeemable noncontrolling preferred joint venture interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	423	423	423	423	423	423	423	423	423	423	423	423	421	421
Total redeemable interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	464	467	464	464	461	460	456	448	459	457	458	451	447	444
Shareholders' equity:
Preferred Stock, $.01 par value, 15,000,000 shares authorized:
Preferred stock outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0
7.375% Series D Cumulative Redeemable Preferred Stock, 1,815,000 shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
6.625% Series E Cumulative Redeemable Preferred Stock, 690,000 shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-
Common stock, $.01 par value, 350,000,000 shares authorized, 174,115,111 and 172,656,458 issued and outstanding in 2019 and 2018, respectively
-	1	1	-	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Additional paid-in capital
-	1,965	1,966	-	1,967	1,966	1,970	1,974	1,971	1,972	1,971	1,969	1,959	1,971	1,969	1,970	1,968	1,958	1,962	1,962	1,967	1,955	1,804	1,773	1,702	1,697	1,658	1,657	1,667	1,658	1,660	1,657	1,504	1,508	1,399
Accumulated other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	1	0	12	9	6	7	7	6	4	4	4	3	0	7	9	7	5	4	0
Dividends in excess of cumulative earnings
-	-1,194	-1,104	-	-927	-880	-810	-836	-827	-779	-764	-742	-754	-699	-705	-689	-610	-577	-587	-583	-526	-510	-472	-453	-470	-432	-416	-399	-440	-382	-360	-366	-353	-335	-283
Total shareholders' equity
-	772	863	-	1,042	1,087	1,161	1,140	1,145	1,194	1,208	1,228	1,206	1,274	1,266	1,284	1,361	1,383	1,389	1,390	1,448	1,454	1,341	1,328	1,237	1,270	1,248	1,263	1,228	1,284	1,309	1,300	1,158	1,178	1,117
Noncontrolling interests
-	36	54	-	79	88	94	96	98	106	106	112	110	125	113	114	128	137	149	148	165	165	197	192	148	164	193	207	197	214	221	223	274	284	302
Total equity
-	808	918	-	1,121	1,176	1,255	1,236	1,244	1,300	1,314	1,340	1,316	1,399	1,379	1,399	1,490	1,521	1,539	1,538	1,613	1,620	1,539	1,521	1,386	1,434	1,441	1,470	1,426	1,499	1,531	1,523	1,432	1,463	1,420
Partners' capital:
Common units:
Total liabilities, redeemable noncontrolling interests and equity
-	4,769	5,048	-	5,491	5,582	5,702	5,704	5,743	5,808	6,126	6,104	6,174	6,280	6,383	6,479	6,695	6,543	6,632	6,701	6,866	7,034	6,990	7,089	6,890	6,913	6,632	6,719	7,422	7,445	7,457	7,506	7,615	7,656	7,729
Variable interest liability entities
-	346	-	-	-	-	350	-	379	451	444	-	484	470	435	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Guarantor Subsidiaries
Land
229	-	-	232	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buildings and improvements
2,160	-	-	2,361	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate assets
2,390	-	-	2,594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated depreciation
899	-	-	921	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate investment property, net, before developments in progress
1,490	-	-	1,672	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Developments in progress
14	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net investment in real estate assets
1,505	-	-	1,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
6	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant, net of allowance for doubtful accounts of $260 in 2018
30	-	-	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage and other notes receivable
75	-	-	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible lease assets and other assets
38	-	-	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
1,657	-	-	1,841	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible lease assets and other assets
38	-	-	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage notes payable, net
249	-	-	377	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
50	-	-	59	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
300	-	-	437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Owners' equity
1,356	-	-	1,404	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities, redeemable noncontrolling interests and equity
1,657	-	-	1,841	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Owners' equity
1,356	-	-	1,404	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CBL & Associates Limited Partnership
Land
-	741	756	-	818	797	808	813	-	-	-	820	-	-	-	876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buildings and improvements
-	5,819	6,153	-	6,544	6,590	6,688	6,723	-	-	-	6,942	-	-	-	7,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate assets
-	6,560	6,910	-	7,362	7,387	7,496	7,536	-	-	-	7,763	-	-	-	8,164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated depreciation
-	2,404	2,477	-	2,514	2,501	2,496	2,465	-	-	-	2,427	-	-	-	2,382	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate investment property, net, before developments in progress
-	4,156	4,432	-	4,847	4,885	5,000	5,071	-	-	-	5,336	-	-	-	5,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Held for sale
-	0	44	-	14	17	-	0	-	-	-	5	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Developments in progress
-	63	47	-	73	114	100	85	-	-	-	178	-	-	-	75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net investment in real estate assets
-	4,220	4,525	-	4,935	5,017	5,100	5,156	-	-	-	5,520	-	-	-	5,857	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
-	34	20	-	20	23	23	32	-	-	-	18	-	-	-	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant, net of allowance for doubtful accounts of $2,337 in 2018
-	76	72	-	77	76	78	83	-	-	-	94	-	-	-	87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	6	8	-	7	6	8	7	-	-	-	6	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing Receivable, after Allowance for Credit Loss
-	5	6	-	8	8	8	8	-	-	-	16	-	-	-	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated affiliates
-	280	271	-	276	278	306	249	-	-	-	267	-	-	-	276	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible lease assets and other assets
-	145	144	-	166	172	175	165	-	-	-	180	-	-	-	185	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
-	4,770	5,048	-	5,491	5,582	5,702	5,705	-	-	-	6,104	-	-	-	6,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Variable interest asset entities
-	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Variable interest entities, assets
-	-	-	-	-	-	644	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage and other indebtedness, net
-	3,699	3,865	-	4,115	4,172	4,207	4,230	-	-	-	4,465	-	-	-	4,710	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
-	260	260	-	247	224	232	228	-	-	-	280	-	-	-	344	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities related to assets held for sale
-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
-	3,959	4,126	-	4,363	4,396	4,440	4,459	-	-	-	4,745	-	-	-	5,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable noncontrolling interests
-	1	2	-	6	8	6	8	-	-	-	17	-	-	-	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total redeemable interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred units
-	565	565	-	565	565	565	565	-	-	-	565	-	-	-	565	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General partner
-	2	3	-	5	6	6	6	-	-	-	7	-	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited partners
-	233	336	-	539	591	676	655	-	-	-	756	-	-	-	822	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total partners' capital
-	800	905	-	1,109	1,162	1,248	1,227	-	-	-	1,329	-	-	-	1,395	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests
-	8	13	-	11	14	8	9	-	-	-	12	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total capital
-	809	918	-	1,121	1,176	1,256	1,236	-	-	-	1,341	-	-	-	1,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities, redeemable noncontrolling interests and equity
-	4,770	5,048	-	5,491	5,582	5,702	5,705	-	-	-	6,104	-	-	-	6,480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Variable interest liability entities
-	346	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Variable interest entities, liabilities
-	-	-	-	-	-	350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series D Preferred Stock
Preferred stock outstanding
-	0	0	-	0	0	0	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series E Preferred Stock
Preferred stock outstanding
-	0	0	-	0	0	0	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-