Equity (Tables)

9 Months Ended

Sep. 30, 2015

Equity

Schedule of LTIP units earned and aggregate grant date fair values adjusted for estimated forfeitures

LTIP Program	LTIP Units Earned	Grant Date Fair Value
2010 LTIP Program
1-year 2010 LTIP Program	133,673	1-year program — $7.2 million
2-year 2010 LTIP Program	337,006	2-year program — $14.8 million
3-year 2010 LTIP Program	489,654	3-year program — $23.0 million
2011-2013 LTIP Program	469,848	$35.0 million
2012-2014 LTIP Program	401,203	$35.0 million
2013-2015 LTIP Program	To be determined in 2016	$29.5 million
2014-2016 LTIP Program	To be determined in 2017	$30.0 million
2015-2017 LTIP Program	To be determined in 2018	$29.9 million

Reconciliation of carrying amounts of equity

	Preferred Units			Simon (Managing General Partner)			Limited Partners			Noncontrolling interests			Total Equity
January 1, 2015	$	44,062		$	5,049,115		$	858,557		$	(229	)	$	5,951,505
Limited partner units exchanged to units					7,907			(7,907	)					—
Redemption of limited partner units					(147,841	)		(14,843	)					(162,684	)
Treasury unit purchase					(343,007	)								(343,007	)
LTIP Units								35,459						35,459
Purchase and disposition of noncontrolling interests, net and other		(247	)		3,984			(1	)		764			4,500
Adjustment to limited partners' interest from change in ownership in the Operating Partnership					91,320			(91,320	)					—
Distributions to limited partners, excluding preferred interests classified as temporary equity		(2,503	)		(1,380,750	)		(231,833	)		(2,861	)		(1,617,947	)
Comprehensive income, excluding $1,436 attributable to preferred distributions on temporary equity preferred units		2,503			1,067,798			180,114			2,138			1,252,553
September 30, 2015	$	43,815		$	4,348,526		$	728,226		$	(188	)	$	5,120,379