Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Data (Unaudited)

Quarterly Financial Data (Unaudited)

13. Quarterly Financial Data (Unaudited)

Quarterly 2016 and 2015 data is summarized in the table below. Quarterly amounts may not sum to annual amounts due to rounding.

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2016
Total revenue	$	1,336,715	$	1,315,380	$	1,357,168	$	1,425,966
Operating income		684,901		659,236		676,191		700,501
Consolidated net income		563,839		527,325		587,940		455,602
SPG Inc.
Net income attributable to common stockholders	$	480,995	$	455,389	$	504,744	$	394,431
Net income per share — Basic and Diluted	$	1.55	$	1.45	$	1.61	$	1.26
Weighted average shares outstanding — Basic and Diluted		309,416,266		313,399,467		314,234,418		313,684,810
SPG L.P.
Net income attributable to unitholders	$	561,797	$	525,447	$	581,266	$	453,726
Net income per unit — Basic and Diluted	$	1.55	$	1.45	$	1.61	$	1.26
Weighted average units outstanding — Basic and Diluted		361,394,591		361,761,991		361,764,112		361,186,785
2015
Total revenue	$	1,216,235	$	1,349,110	$	1,320,137	$	1,380,621
Operating income		599,171		702,385		657,587		709,730
Consolidated net income		632,435		554,526		492,496		459,917
SPG Inc.
Net income attributable to common stockholders	$	539,134	$	472,944	$	420,009	$	392,297
Net income per share — Basic and Diluted	$	1.73	$	1.52	$	1.36	$	1.27
Weighted average shares outstanding — Basic and Diluted		311,101,297		310,498,911		309,417,298		309,418,757
SPG L.P.
Net income attributable to unitholders	$	630,432	$	552,604	$	490,344	$	457,759
Net income per unit — Basic and Diluted	$	1.73	$	1.52	$	1.36	$	1.27
Weighted average units outstanding — Basic and Diluted		363,784,004		362,762,067		361,234,111		361,234,804