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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income $ 488,310 $ 510,460
Adjustments to reconcile consolidated net income to net cash provided by operating activities    
Depreciation and amortization 324,124 331,820
Loss on debt extinguishment   2,959
Gain on acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities, and impairment, net (1,491) (93,057)
Unrealized losses in fair value of equity instruments 31,032 3,201
Straight-line lease loss (income) 9,254 5,928
Equity in income of unconsolidated entities (81,184) (15,069)
Distributions of income from unconsolidated entities 121,448 62,888
Changes in assets and liabilities    
Tenant receivables and accrued revenue, net 89,958 203,703
Deferred costs and other assets (41,214) (38,016)
Accounts payable, accrued expenses, intangibles, deferred revenues and other (148,368) (99,055)
Net cash provided by operating activities 791,869 875,762
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions   (56,250)
Funding of loans to related parties (125,357) (494)
Repayments of loans to related parties 71,930 285
Capital expenditures, net (154,649) (114,808)
Cash impact from the consolidation of properties   5,595
Investments in unconsolidated entities (124,429) (19,511)
Purchase of equity instruments (6,390) (556)
Proceeds from sales of equity instruments 25,986  
Insurance proceeds for property restoration   6,400
Distributions of capital from unconsolidated entities and other 213,010 41,287
Net cash used in investing activities (99,899) (138,052)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock and other, net of transaction costs (82) (82)
Purchase of shares related to stock grant recipients' tax withholdings (3,757)  
Redemption of limited partner units (147) (37)
Proceeds from the special purpose acquisition company IPO, net of transaction costs   338,121
Establishment of trust account for special purpose acquisition company   (345,000)
Distributions to noncontrolling interest holders in properties (1,205) (2,029)
Contributions from noncontrolling interest holders in properties 4,833  
Preferred distributions of the Operating Partnership (479) (479)
Distributions to stockholders and preferred dividends (543,010) (427,472)
Distributions to limited partners (78,024) (60,324)
Cash paid to extinguish debt   (2,959)
Proceeds from issuance of debt, net of transaction costs 2,433,167 3,576,224
Repayments of debt (2,522,273) (3,889,449)
Net cash (used in) provided by financing activities (710,977) (813,486)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (19,007) (75,776)
CASH AND CASH EQUIVALENTS, beginning of period 533,936 1,011,613
CASH AND CASH EQUIVALENTS, end of period 514,929 935,837
Simon Property Group, L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income 488,310 510,460
Adjustments to reconcile consolidated net income to net cash provided by operating activities    
Depreciation and amortization 324,124 331,820
Loss on debt extinguishment   2,959
Gain on acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities, and impairment, net (1,491) (93,057)
Unrealized losses in fair value of equity instruments 31,032 3,201
Straight-line lease loss (income) 9,254 5,928
Equity in income of unconsolidated entities (81,184) (15,069)
Distributions of income from unconsolidated entities 121,448 62,888
Changes in assets and liabilities    
Tenant receivables and accrued revenue, net 89,958 203,703
Deferred costs and other assets (41,214) (38,016)
Accounts payable, accrued expenses, intangibles, deferred revenues and other (148,368) (99,055)
Net cash provided by operating activities 791,869 875,762
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions   (56,250)
Funding of loans to related parties (125,357) (494)
Repayments of loans to related parties 71,930 285
Capital expenditures, net (154,649) (114,808)
Cash impact from the consolidation of properties   5,595
Investments in unconsolidated entities (124,429) (19,511)
Purchase of equity instruments (6,390) (556)
Proceeds from sales of equity instruments 25,986  
Insurance proceeds for property restoration   6,400
Distributions of capital from unconsolidated entities and other 213,010 41,287
Net cash used in investing activities (99,899) (138,052)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock and other, net of transaction costs (82) (82)
Purchase of shares related to stock grant recipients' tax withholdings (3,757)  
Redemption of limited partner units (147) (37)
Proceeds from the special purpose acquisition company IPO, net of transaction costs   338,121
Establishment of trust account for special purpose acquisition company   (345,000)
Distributions to noncontrolling interest holders in properties (1,205) (2,029)
Contributions from noncontrolling interest holders in properties 4,833  
Preferred distributions of the Operating Partnership (621,513) (488,275)
Cash paid to extinguish debt   (2,959)
Proceeds from issuance of debt, net of transaction costs 2,433,167 3,576,224
Repayments of debt (2,522,273) (3,889,449)
Net cash (used in) provided by financing activities (710,977) (813,486)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (19,007) (75,776)
CASH AND CASH EQUIVALENTS, beginning of period 533,936 1,011,613
CASH AND CASH EQUIVALENTS, end of period $ 514,929 $ 935,837