XML 29 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income $ 715,524 $ 551,075
Adjustments to reconcile consolidated net income to net cash provided by operating activities -    
Depreciation and amortization 334,672 335,749
Gain upon acquisition of controlling interests, sale or disposal of assets and interests in unconsolidated entities and impairment, net (135,277)  
Unrealized change in fair value of equity instruments 3,029  
Straight-line rent (6,276) (8,109)
Equity in income of unconsolidated entities (90,026) (69,085)
Distributions of income from unconsolidated entities 77,870 70,994
Changes in assets and liabilities -    
Tenant receivables and accrued revenue, net 71,858 54,036
Deferred costs and other assets (62,839) (42,099)
Accounts payable, accrued expenses, intangibles, deferred revenues and other liabilities (65,058) (106,868)
Net cash provided by operating activities 843,477 785,693
CASH FLOWS FROM INVESTING ACTIVITIES:    
Funding of loans to related parties (1,833) (18,963)
Capital expenditures, net (172,756) (148,595)
Investments in unconsolidated entities (10,859) (58,928)
Purchase of marketable and non-marketable securities (7,542) (4,174)
Distributions of capital from unconsolidated entities and other 69,316 55,398
Net cash used in investing activities (123,674) (175,262)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock, units and other, net of transaction costs (82) (82)
Purchase of shares or units related to stock grant recipients' tax withholdings (276) (285)
Redemption of limited partner units (6,267)  
Purchase of treasury stock 227,901 151,690
Distributions to noncontrolling interest holders in properties (8,376) (3,029)
Contributions from noncontrolling interest holders in properties 24 172
Preferred distributions of the Operating Partnership (479) (479)
Distributions to stockholders and preferred dividends (606,086) (548,521)
Distributions to limited partners (91,523) (82,906)
Proceeds from issuance of debt, net of transaction costs 1,756,056 1,868,455
Repayments of debt (2,649,995) (1,738,725)
Net cash used in financing activities (1,834,905) (657,090)
DECREASE IN CASH AND CASH EQUIVALENTS (1,115,102) (46,659)
CASH AND CASH EQUIVALENTS, beginning of period 1,482,309 560,059
CASH AND CASH EQUIVALENTS, end of period 367,207 513,400
Simon Property Group, L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income 715,524 551,075
Adjustments to reconcile consolidated net income to net cash provided by operating activities -    
Depreciation and amortization 334,672 335,749
Gain upon acquisition of controlling interests, sale or disposal of assets and interests in unconsolidated entities and impairment, net (135,277)  
Unrealized change in fair value of equity instruments 3,029  
Straight-line rent (6,276) (8,109)
Equity in income of unconsolidated entities (90,026) (69,085)
Distributions of income from unconsolidated entities 77,870 70,994
Changes in assets and liabilities -    
Tenant receivables and accrued revenue, net 71,858 54,036
Deferred costs and other assets (62,839) (42,099)
Accounts payable, accrued expenses, intangibles, deferred revenues and other liabilities (65,058) (106,868)
Net cash provided by operating activities 843,477 785,693
CASH FLOWS FROM INVESTING ACTIVITIES:    
Funding of loans to related parties (1,833) (18,963)
Capital expenditures, net (172,756) (148,595)
Investments in unconsolidated entities (10,859) (58,928)
Purchase of marketable and non-marketable securities (7,542) (4,174)
Distributions of capital from unconsolidated entities and other 69,316 55,398
Net cash used in investing activities (123,674) (175,262)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock, units and other, net of transaction costs (82) (82)
Purchase of shares or units related to stock grant recipients' tax withholdings (276) (285)
Redemption of limited partner units (6,267)  
Purchase of general partner units (227,901) (151,690)
Distributions to noncontrolling interest holders in properties (8,376) (3,029)
Contributions from noncontrolling interest holders in properties 24 172
Preferred distributions of the Operating Partnership (698,088) (631,906)
Proceeds from issuance of debt, net of transaction costs 1,756,056 1,868,455
Repayments of debt (2,649,995) (1,738,725)
Net cash used in financing activities (1,834,905) (657,090)
DECREASE IN CASH AND CASH EQUIVALENTS (1,115,102) (46,659)
CASH AND CASH EQUIVALENTS, beginning of period 1,482,309 560,059
CASH AND CASH EQUIVALENTS, end of period $ 367,207 $ 513,400