Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of		As of
	September 30,		December 31,
	2019		2018
Limited partners’ interests in the Operating Partnership	$	400,716	$	492,877
Nonredeemable noncontrolling interests in properties, net		6,907		7,398
Total noncontrolling interests reflected in equity	$	407,623	$	500,275

Schedule of reclassifications out of accumulated other comprehensive income (loss)

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,				Affected line item where
	2019		2018		2019		2018		net income is presented
Accumulated derivative losses, net	$	(1,087)	$	(1,591)	$	(3,261)	$	(5,929)	Interest expense
		144		215		431		785	Net income attributable to noncontrolling interests
	$	(943)	$	(1,376)	$	(2,830)	$	(5,144)

Schedule of Euro:USD forward contracts

We had the following Euro:USD forward contracts designated as net investment hedges at September 30, 2019 and December 31, 2018 (in millions):

			Asset (Liability) Value as of
			September 30,		December 31,
Notional Value		Maturity Date	2019		2018
€	50.0	May 15, 2019		—		(0.8)
€	375.0	October 2, 2019		(6.0)		—
€	100.0	December 18, 2019		1.0		—
€	100.0	December 18, 2019		1.0		—
€	100.0	December 18, 2019		1.0		—
€	50.0	May 15, 2020		2.7		(1.5)
€	50.0	May 14, 2021		2.4		(2.0)

Schedule of minimum fixed lease consideration under non-cancelable tenant operating leases

2019	$	3,706,042
2020		3,482,815
2021		3,104,755
2022		2,705,820
2023		2,238,693
Thereafter		6,157,395
	$	21,395,520

Simon Property Group, L.P.

Significant Accounting Policies

Schedule of reclassifications out of accumulated other comprehensive income (loss)

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,				Affected line item where
	2019		2018		2019		2018		net income is presented
Accumulated derivative losses, net	$	(1,087)	$	(1,591)	$	(3,261)	$	(5,929)	Interest expense