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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUE:      
Minimum rent $ 3,358,498 $ 3,142,347 $ 2,962,295
Overage rent 161,508 194,070 207,104
Tenant reimbursements 1,494,804 1,445,623 1,362,412
Management fees and other revenues 143,875 158,466 138,226
Other income 276,544 325,597 200,781
Total revenue 5,435,229 5,266,103 4,870,818
EXPENSES:      
Property operating 432,394 425,983 398,598
Depreciation and amortization 1,252,673 1,177,568 1,143,827
Real estate taxes 439,030 432,840 384,189
Repairs and maintenance 99,723 101,369 100,016
Advertising and promotion 142,801 134,854 136,656
Provision for credit losses 7,319 6,635 12,001
Home and regional office costs 158,406 154,816 158,576
General and administrative 65,082 60,329 59,958
Other 116,973 102,836 91,655
Total operating expenses 2,714,401 2,597,230 2,485,476
OPERATING INCOME 2,720,828 2,668,873 2,385,342
Interest expense (857,554) (923,697) (992,601)
Loss on extinguishment of debt (136,777) (120,953) (127,573)
Income and other taxes (29,678) (20,170) (28,085)
Income from unconsolidated entities 353,334 284,806 226,774
Gain upon acquisition of controlling interests and sale or disposal of assets and interests in unconsolidated entities, net 84,553 250,516 158,308
Consolidated income from continuing operations 2,134,706 2,139,375 1,622,165
Discontinued operations and gain on disposal     67,524
Discontinued operations transaction expenses     (38,163)
CONSOLIDATED NET INCOME 2,134,706 2,139,375 1,651,526
Net income attributable to noncontrolling interests 295,810 311,655 242,938
Preferred dividends 3,337 3,337 3,337
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS or UNITHOLDERS $ 1,835,559 $ 1,824,383 $ 1,405,251
BASIC AND DILUTED EARNINGS PER COMMON SHARE or UNIT:      
Income from continuing operations (in dollars per share) $ 5.87 $ 5.88 $ 4.44
Discontinued operations (in dollars per share)     0.08
Net income attributable to common stockholders or unitholders (in dollars per share or unit) $ 5.87 $ 5.88 $ 4.52
Consolidated Net Income $ 2,134,706 $ 2,139,375 $ 1,651,526
Unrealized gain on derivative hedge agreements 39,472 17,122 5,220
Net loss (gain) reclassified from accumulated other comprehensive loss into earnings 149,622 (69,189) 10,789
Currency translation adjustments (28,646) (160,312) (101,799)
Changes in available-for-sale securities and other 3,192 (11,200) 102,816
Comprehensive income 2,298,346 1,915,796 1,668,552
Comprehensive income attributable to noncontrolling interests 320,890 279,720 245,210
Comprehensive income attributable to common stockholders or unitholders 1,977,456 1,636,076 1,423,342
Simon Property Group L.P.      
REVENUE:      
Minimum rent 3,358,498 3,142,347 2,962,295
Overage rent 161,508 194,070 207,104
Tenant reimbursements 1,494,804 1,445,623 1,362,412
Management fees and other revenues 143,875 158,466 138,226
Other income 276,544 325,597 200,781
Total revenue 5,435,229 5,266,103 4,870,818
EXPENSES:      
Property operating 432,394 425,983 398,598
Depreciation and amortization 1,252,673 1,177,568 1,143,827
Real estate taxes 439,030 432,840 384,189
Repairs and maintenance 99,723 101,369 100,016
Advertising and promotion 142,801 134,854 136,656
Provision for credit losses 7,319 6,635 12,001
Home and regional office costs 158,406 154,816 158,576
General and administrative 65,082 60,329 59,958
Other 116,973 102,836 91,655
Total operating expenses 2,714,401 2,597,230 2,485,476
OPERATING INCOME 2,720,828 2,668,873 2,385,342
Interest expense (857,554) (923,697) (992,601)
Loss on extinguishment of debt (136,777) (120,953) (127,573)
Income and other taxes (29,678) (20,170) (28,085)
Income from unconsolidated entities 353,334 284,806 226,774
Gain upon acquisition of controlling interests and sale or disposal of assets and interests in unconsolidated entities, net 84,553 250,516 158,308
Consolidated income from continuing operations 2,134,706 2,139,375 1,622,165
Discontinued operations and gain on disposal     67,524
Discontinued operations transaction expenses     (38,163)
CONSOLIDATED NET INCOME 2,134,706 2,139,375 1,651,526
Net income attributable to noncontrolling interests 7,218 2,984 2,491
Preferred dividends 5,252 5,252 5,252
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS or UNITHOLDERS 2,122,236 2,131,139 1,643,783
NET INCOME ATTRIBUTABLE TO UNITHOLDERS ATTRIBUTABLE TO:      
General Partner 1,835,559 1,824,383 1,405,251
Limited Partners $ 286,677 $ 306,756 $ 238,532
BASIC AND DILUTED EARNINGS PER COMMON SHARE or UNIT:      
Income from continuing operations (in dollars per share) $ 5.87 $ 5.88 $ 4.44
Discontinued operations (in dollars per share)     0.08
Net income attributable to common stockholders or unitholders (in dollars per share or unit) $ 5.87 $ 5.88 $ 4.52
Consolidated Net Income $ 2,134,706 $ 2,139,375 $ 1,651,526
Unrealized gain on derivative hedge agreements 39,472 17,122 5,220
Net loss (gain) reclassified from accumulated other comprehensive loss into earnings 149,622 (69,189) 10,789
Currency translation adjustments (28,646) (160,312) (101,799)
Changes in available-for-sale securities and other 3,192 (11,200) 102,816
Comprehensive income 2,298,346 1,915,796 1,668,552
Comprehensive income attributable to noncontrolling interests 2,917 2,984 2,491
Comprehensive income attributable to common stockholders or unitholders $ 2,295,429 $ 1,912,812 $ 1,666,061