CBL & ASSOCIATES PRO

CBL
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CBL & ASSOCIATES PROPERTIES : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K/A)

03/11/2020 | 08:34am

ITEM 2.02 Results of Operations and Financial Condition



On March 11, 2020, CBL & Associates Properties, Inc. (the "Company") issued a
corrected press release announcing the Company's results for the three months
and year ended December 31, 2019. The news release was issued to correct the
amount of gain on investments/deconsolidation reported for the three months and
year ended December 31, 2019. Subsequent to the issuance of its earnings release
on February 6, 2020, the Company reassessed the accounting treatment for the
deconsolidation of one joint venture. This resulted in a decrease of $28.3
million
in gain on investments/deconsolidation for the three months and year
ended December 31, 2019.



The Company has prepared and furnished as Exhibit 99.1 to this Amendment a
corrected earnings release and supplemental financial and operating information
for the three months and year ended December 31, 2019. The correction did not
change the Company's Same-Center Net Operating Income and Funds From Operations,
as adjusted, for the three months and year ended December 31, 2019 that was
provided in the original earnings release.



The information in this Amendment and the Exhibit attached hereto shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, nor shall it be deemed incorporated by reference in any filing under the
Securities Act of 1933, except as shall be expressly set forth by specific
reference in such filing.



ITEM 9.01 Financial Statements and Exhibits






(a) Financial Statements of Businesses Acquired


Not applicable



(b) Pro Forma Financial Information


Not applicable



(c) Shell Company Transactions


Not applicable



(d) Exhibits






Exhibit
Number Description
Corrected Earnings Release dated February 6, 2020 and Supplemental
99.1 Financial and Operating Information - For the Three Months and Year
Ended December 31, 2019
99.2 Investor Conference Call Script - Fourth Quarter and Year Ended
December 31, 2019 (a)
Cover Page Interactive Data File (formatted as Inline XBRL with
104 applicable taxonomy extension information contained in Exhibits 101.*).
(Filed herewith)







(a) Incorporated by reference from the Company's Current Report on Form 8-K,



dated February 6, 2020, filed on February 7, 2020.**





** Commisson File No. 1-12494 and 333-182515-01



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