XML 36 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
3 Months Ended 12 Months Ended 0 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Jan. 15, 2015
property
Mar. 02, 2015
Debt        
Total Mortgages and Other Indebtedness $ 21,694,055,000us-gaap_DebtAndCapitalLeaseObligations $ 20,852,993,000us-gaap_DebtAndCapitalLeaseObligations    
Fair value of debt        
Carrying value of fixed-rate mortgages and unsecured indebtedness 19,300,000,000spg_FixedRateDebt 19,000,000,000spg_FixedRateDebt    
Fair value of fixed-rate mortgages and unsecured indebtedness 20,932,000,000us-gaap_LongTermDebtFairValue 20,558,000,000us-gaap_LongTermDebtFairValue    
Weighted average discount rates assumed in calculation of fair value for fixed-rate mortgages (as a percent) 2.69%us-gaap_FairValueInputsDiscountRate 3.02%us-gaap_FairValueInputsDiscountRate    
Jersey Gardens and University Park Village        
Debt        
Number of properties in which interest is acquired     2spg_NumberOfRealEstatePropertiesAcquired
/ us-gaap_BusinessAcquisitionAxis
= spg_JerseyGardensAndUniversityParkVillageMember
 
Mortgage Maturing November 1, 2020 | Jersey Gardens (The Mills at Jersey Gardens)        
Debt        
Total Mortgages and Other Indebtedness     350,000,000us-gaap_DebtAndCapitalLeaseObligations
/ us-gaap_BusinessAcquisitionAxis
= spg_JerseyGardensMember
/ us-gaap_DebtInstrumentAxis
= spg_MortgageMaturingNovember2020Member
 
Interest rate on debt (as a percent)     3.83%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= spg_JerseyGardensMember
/ us-gaap_DebtInstrumentAxis
= spg_MortgageMaturingNovember2020Member
 
Mortgage Maturing May 1, 2028 | University Park Village        
Debt        
Total Mortgages and Other Indebtedness     55,000,000us-gaap_DebtAndCapitalLeaseObligations
/ us-gaap_BusinessAcquisitionAxis
= spg_UniversityParkVillageMember
/ us-gaap_DebtInstrumentAxis
= spg_MortgageMaturingMay2028Member
 
Interest rate on debt (as a percent)     3.85%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= spg_UniversityParkVillageMember
/ us-gaap_DebtInstrumentAxis
= spg_MortgageMaturingMay2028Member
 
Unsecured Debt | Senior unsecured notes | Operating Partnership        
Debt        
Total Mortgages and Other Indebtedness 13,300,000,000us-gaap_DebtAndCapitalLeaseObligations
/ us-gaap_DebtInstrumentAxis
= us-gaap_CorporateDebtSecuritiesMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Credit Facility and the Supplemental Facility | Operating Partnership        
Debt        
Available borrowing capacity 5,200,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= spg_RevolvingCreditAndSupplementalRevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Maximum amount outstanding during period 1,500,000,000us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
/ us-gaap_DebtInstrumentAxis
= spg_RevolvingCreditAndSupplementalRevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Credit facility, weighted average amount outstanding 1,100,000,000us-gaap_LineOfCreditFacilityAverageOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= spg_RevolvingCreditAndSupplementalRevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Letters of credit outstanding 36,900,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= spg_RevolvingCreditAndSupplementalRevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Number of credit facilities 2spg_LineOfCreditFacilityNumber
/ us-gaap_DebtInstrumentAxis
= spg_RevolvingCreditAndSupplementalRevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Credit Facility | Operating Partnership        
Debt        
Credit facility, amount outstanding 1,000,000,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Maximum borrowing capacity 4,000,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Optional expanded maximum borrowing capacity 5,000,000,000spg_LineOfCreditFacilityMaximumBorrowingCapacityOptionalExpanded
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Additional facility fee (as a percent) 0.10%spg_LineOfCreditAdditionalBasisSpreadOnVariableRate
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Credit Facility | Operating Partnership | Euro        
Debt        
Credit facility, amount outstanding 753,800,000us-gaap_LineOfCredit
/ us-gaap_CurrencyAxis
= currency_EUR
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Credit Facility | Operating Partnership | Yen        
Debt        
Credit facility, amount outstanding 185,500,000us-gaap_LineOfCredit
/ us-gaap_CurrencyAxis
= currency_JPY
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Credit Facility | Maximum | Operating Partnership        
Debt        
Percentage of borrowings in currencies other than the U.S. Dollar 75.00%spg_LineOfCreditFacilityCurrencyPercentage
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
     
Unsecured Debt | Credit Facility | LIBOR | Operating Partnership        
Debt        
Reference rate LIBOR      
Interest added to reference rate (as a percent) 0.80%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= us-gaap_LineOfCreditMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
     
Unsecured Debt | Supplemental Facility | Operating Partnership        
Debt        
Maximum borrowing capacity       2,000,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= spg_SupplementalRevolvingCreditFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
Unsecured Debt | Amended Supplemental Facility | Operating Partnership        
Debt        
Maximum borrowing capacity       2,750,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= spg_AmendedSupplementalFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
Optional expanded maximum borrowing capacity       3,500,000,000spg_LineOfCreditFacilityMaximumBorrowingCapacityOptionalExpanded
/ us-gaap_DebtInstrumentAxis
= spg_AmendedSupplementalFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
Additional facility fee (as a percent)       0.10%spg_LineOfCreditAdditionalBasisSpreadOnVariableRate
/ us-gaap_DebtInstrumentAxis
= spg_AmendedSupplementalFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
Unsecured Debt | Amended Supplemental Facility | LIBOR | Operating Partnership        
Debt        
Reference rate       LIBOR
Interest added to reference rate (as a percent)       0.80%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_DebtInstrumentAxis
= spg_AmendedSupplementalFacilityMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
Unsecured Debt | Term loan        
Debt        
Total Mortgages and Other Indebtedness 240,000,000us-gaap_DebtAndCapitalLeaseObligations
/ us-gaap_DebtInstrumentAxis
= spg_TermLoanMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Commercial Paper | Operating Partnership        
Debt        
Credit facility, amount outstanding 471,300,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Maximum borrowing capacity       500,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
Expanded maximum borrowing capacity       1,000,000,000spg_LineOfCreditFacilityMaximumBorrowingCapacityExpanded
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
Unsecured Debt | Commercial Paper | Operating Partnership | USD        
Debt        
Credit facility, amount outstanding 285,000,000us-gaap_LineOfCredit
/ us-gaap_CurrencyAxis
= currency_USD
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Weighted average interest rate (as a percent) 0.20%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_CurrencyAxis
= currency_USD
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Unsecured Debt | Commercial Paper | Operating Partnership | Euro        
Debt        
Credit facility, amount outstanding 186,300,000us-gaap_LineOfCredit
/ us-gaap_CurrencyAxis
= currency_EUR
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Weighted average interest rate (as a percent) 0.08%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_CurrencyAxis
= currency_EUR
/ us-gaap_DebtInstrumentAxis
= us-gaap_CommercialPaperMember
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_UnsecuredDebtMember
     
Secured Debt | Mortgages        
Debt        
Total Mortgages and Other Indebtedness $ 6,600,000,000us-gaap_DebtAndCapitalLeaseObligations
/ us-gaap_DebtInstrumentAxis
= us-gaap_MortgagesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
$ 6,200,000,000us-gaap_DebtAndCapitalLeaseObligations
/ us-gaap_DebtInstrumentAxis
= us-gaap_MortgagesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
   
Debt covenants        
Number of non-recourse mortgage notes under which the Company and subsidiaries are borrowers 40us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_DebtInstrumentAxis
= us-gaap_MortgagesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Number of properties secured by non-recourse mortgage notes 54us-gaap_NumberOfRealEstateProperties
/ us-gaap_DebtInstrumentAxis
= us-gaap_MortgagesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Number of cross-defaulted and cross-collateralized mortgage pools 5spg_NumberOfCrossDefaultedAndCrossCollateralizedMortgagePoolsWithCollateralProperties
/ us-gaap_DebtInstrumentAxis
= us-gaap_MortgagesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember
     
Total number of properties pledged as collateral for cross defaulted and cross collateralized mortgages 21spg_NumberOfPropertiesCrossDefaultedAndCrossCollateralizedMortgagesTotal
/ us-gaap_DebtInstrumentAxis
= us-gaap_MortgagesMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SecuredDebtMember