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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUE:    
Lease income $ 1,280,058  
Lease income   $ 1,267,893
Management fees and other revenues 27,544 28,181
Other income 145,232 98,108
Total revenue 1,452,834 1,394,182
EXPENSES:    
Property operating 111,549  
Property operating   113,448
Depreciation and amortization 328,643 316,936
Real estate taxes 115,459 114,187
Repairs and maintenance 27,922 27,684
Advertising and promotion 37,125 34,800
Home and regional office costs 52,560 41,064
General and administrative 9,136 12,628
Other 20,102 31,502
Total operating expenses 702,496 692,249
OPERATING INCOME BEFORE OTHER ITEMS 750,338 701,933
Interest expense (198,733) (205,492)
Income and other taxes (10,102) (6,220)
Income from unconsolidated entities 90,444 90,026
Gain on sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net   135,277
CONSOLIDATED NET INCOME 631,947 715,524
Net income (loss) attributable to noncontrolling interests 82,638 94,036
Preferred dividends 834 834
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS or UNITHOLDERS $ 548,475 $ 620,654
BASIC AND DILUTED EARNINGS PER COMMON SHARE or UNIT:    
Net income attributable to common stockholders or unitholders (in dollars per share or unit) $ 1.78 $ 2.00
Consolidated Net Income $ 631,947 $ 715,524
Unrealized gain (loss) on derivative hedge agreements 9,342 (6,146)
Net loss reclassified from accumulated other comprehensive loss into earnings 1,088 2,153
Currency translation adjustments (4,744) 13,092
Changes in available-for-sale securities and other 144 (289)
Comprehensive income 637,777 724,334
Comprehensive income attributable to noncontrolling interests 83,411 95,140
Comprehensive income attributable to common stockholders or unitholders 554,366 629,194
Simon Property Group, L.P.    
REVENUE:    
Lease income 1,280,058  
Lease income   1,267,893
Management fees and other revenues 27,544 28,181
Other income 145,232 98,108
Total revenue 1,452,834 1,394,182
EXPENSES:    
Property operating 111,549  
Property operating   113,448
Depreciation and amortization 328,643 316,936
Real estate taxes 115,459 114,187
Repairs and maintenance 27,922 27,684
Advertising and promotion 37,125 34,800
Home and regional office costs 52,560 41,064
General and administrative 9,136 12,628
Other 20,102 31,502
Total operating expenses 702,496 692,249
OPERATING INCOME BEFORE OTHER ITEMS 750,338 701,933
Interest expense (198,733) (205,492)
Income and other taxes (10,102) (6,220)
Income from unconsolidated entities 90,444 90,026
Gain on sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net   135,277
CONSOLIDATED NET INCOME 631,947 715,524
Net income (loss) attributable to noncontrolling interests (917) (92)
Preferred dividends 1,313 1,313
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS or UNITHOLDERS 631,551 714,303
NET INCOME ATTRIBUTABLE TO UNITHOLDERS ATTRIBUTABLE TO:    
General Partner 548,475 620,654
Limited Partners $ 83,076 $ 93,649
BASIC AND DILUTED EARNINGS PER COMMON SHARE or UNIT:    
Net income attributable to common stockholders or unitholders (in dollars per share or unit) $ 1.78 $ 2.00
Consolidated Net Income $ 631,947 $ 715,524
Unrealized gain (loss) on derivative hedge agreements 9,342 (6,146)
Net loss reclassified from accumulated other comprehensive loss into earnings 1,088 2,153
Currency translation adjustments (4,744) 13,092
Changes in available-for-sale securities and other 144 (289)
Comprehensive income 637,777 724,334
Comprehensive income attributable to noncontrolling interests 148 527
Comprehensive income attributable to common stockholders or unitholders $ 637,629 $ 723,807