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Consolidated Statements of Equity - USD ($)
$ in Thousands
Simon Property Group, L.P.
Simon (Managing General Partner)
Simon Property Group, L.P.
Limited Partners
Simon Property Group, L.P.
Preferred Stock
Simon Property Group, L.P.
Noncontrolling Interests
Simon Property Group, L.P.
Preferred Stock
Common Stock
Accumulated Other Comprehensive Income (Loss)
Capital in Excess of Par Value
Accumulated Deficit
Common Stock Held in Treasury
Noncontrolling Interests
Total
Balance at Dec. 31, 2018           $ 42,748 $ 32 $ (126,017) $ 9,700,418 $ (4,893,069) $ (1,427,431) $ 500,275 $ 3,796,956
Balance at Dec. 31, 2018 $ 3,253,933 $ 492,877 $ 42,748 $ 7,398 $ 3,796,956                
Increase (Decrease) in Stockholders' Equity                          
Exchange of limited partner units (132,946 and 24,000 common shares respectively in three months ended March 31, 2020 and 2019, Note 8)                 253     (253)  
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Limited partner units exchanged to common units (132,946 and 24,000 units) for three months ended March 31, 2020 and 2019 respectively 253 (253)                      
Redemption of limited partner units (116,072 and 774 units respectively in three months ended March 31, 2020 and 2019) (127) (8)     (135)       (127)     (8) (135)
Amortization of stock incentive 1,309       1,309       1,309       1,309
Treasury stock purchase (1,245,654, 46,377 and 1,046,580 shares in three months ended March 31, 2020, 2019 and June 2019 respectively)                     (7,628)   (7,628)
Treasury unit purchase (1,245,654, 46,377 and 1,046,580 shares in three months ended March 31, 2020, 2019 and June 2019 respectively) (7,628)       (7,628)                
Long-term incentive performance units   3,701     3,701             3,701 3,701
Issuance of unit equivalents and other (1,756) (2)     (1,758)       1 (1,507) (250) (2) (1,758)
Unrealized (loss) gain on derivative hedging activities 8,115 1,227     9,342     8,115       1,227 9,342
Currency translation adjustments (4,130) (614)     (4,744)     (4,130)       (614) (4,744)
Changes in available-for-sale securities and other 125 19     144     125       19 144
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings 945 143     1,088     945       143 1,088
Other comprehensive income 5,055 775     5,830     5,055       775 5,830
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 4,167 (4,167)             4,167     (4,167)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (634,222)   (96,010) (730,232)
Distributions to other noncontrolling interest partners                       (552) (552)
Distributions to limited partners, excluding preferred interests classified as temporary equity (633,388) (96,010) (834) (552) (730,784)                
Net income, excluding preferred distributions on temporary equity preferred units of $479, $608 and $1,065 loss attributable to noncontrolling redeemable interests in properties for March 31, 2020 and 2019 respectively 548,475 83,076 834 148 632,533         549,309   83,224 632,533
Balance at Mar. 31, 2019           42,666 32 (120,962) 9,706,021 (4,979,489) (1,435,309) 486,983 3,699,942
Balance at Mar. 31, 2019 3,170,293 479,989 42,666 6,994 3,699,942                
Balance at Dec. 31, 2018           42,748 32 (126,017) 9,700,418 (4,893,069) (1,427,431) 500,275 3,796,956
Balance at Dec. 31, 2018 3,253,933 492,877 42,748 7,398 3,796,956                
Increase (Decrease) in Stockholders' Equity                          
Unrealized (loss) gain on derivative hedging activities         2,320               2,320
Currency translation adjustments         (8,368)               (8,368)
Changes in available-for-sale securities and other         683               683
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings         2,174               2,174
Balance at Jun. 30, 2019           42,584 32 (128,743) 9,723,378 (5,122,281) (1,595,305) 444,007 3,363,672
Balance at Jun. 30, 2019 2,877,081 436,973 42,584 7,034 3,363,672                
Balance at Mar. 31, 2019           42,666 32 (120,962) 9,706,021 (4,979,489) (1,435,309) 486,983 3,699,942
Balance at Mar. 31, 2019 3,170,293 479,989 42,666 6,994 3,699,942                
Increase (Decrease) in Stockholders' Equity                          
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Stock incentive program (1,081, 155,610 and 89,368 common shares, net)                 (16,340)   16,340    
Amortization of stock incentive 5,098       5,098       5,098       5,098
Treasury stock purchase (1,245,654, 46,377 and 1,046,580 shares in three months ended March 31, 2020, 2019 and June 2019 respectively)                     (173,630)   (173,630)
Treasury unit purchase (1,245,654, 46,377 and 1,046,580 shares in three months ended March 31, 2020, 2019 and June 2019 respectively) (173,630)       (173,630)                
Long-term incentive performance units   7,721     7,721             7,721 7,721
Issuance of unit equivalents and other (7,960) 1   69 (7,890)       11 (5,265) (2,706) 70 (7,890)
Unrealized (loss) gain on derivative hedging activities (6,113) (909)     (7,022)     (6,113)       (909) (7,022)
Currency translation adjustments (3,078) (545)     (3,623)     (3,078)       (545) (3,623)
Changes in available-for-sale securities and other 468 71     539     468       71 539
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings 942 144     1,086     942       144 1,086
Other comprehensive income (7,781) (1,239)     (9,020)     (7,781)       (1,239) (9,020)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 28,588 (28,588)             28,588     (28,588)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (633,686)   (95,977) (729,663)
Distributions to other noncontrolling interest partners                       (455) (455)
Distributions to limited partners, excluding preferred interests classified as temporary equity (632,851) (95,977) (835) (455) (730,118)                
Net income, excluding preferred distributions on temporary equity preferred units of $479, $608 and $1,065 loss attributable to noncontrolling redeemable interests in properties for March 31, 2020 and 2019 respectively 495,324 75,066 835 426 571,651         496,159   75,492 571,651
Balance at Jun. 30, 2019           42,584 32 (128,743) 9,723,378 (5,122,281) (1,595,305) 444,007 3,363,672
Balance at Jun. 30, 2019 2,877,081 436,973 42,584 7,034 3,363,672                
Balance at Dec. 31, 2019           42,420 32 (118,604) 9,756,073 (5,379,952) (1,773,571) 384,852 2,911,250
Balance at Dec. 31, 2019 2,483,978 378,339 42,420 6,513 2,911,250                
Increase (Decrease) in Stockholders' Equity                          
Exchange of limited partner units (132,946 and 24,000 common shares respectively in three months ended March 31, 2020 and 2019, Note 8)                 1,076     (1,076)  
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Limited partner units exchanged to common units (132,946 and 24,000 units) for three months ended March 31, 2020 and 2019 respectively 1,076 (1,076)                      
Redemption of limited partner units (116,072 and 774 units respectively in three months ended March 31, 2020 and 2019) (15,127) (940)     (16,067)       (15,127)     (940) (16,067)
Amortization of stock incentive 1,891       1,891       1,891       1,891
Treasury stock purchase (1,245,654, 46,377 and 1,046,580 shares in three months ended March 31, 2020, 2019 and June 2019 respectively)                     (152,589)   (152,589)
Treasury unit purchase (1,245,654, 46,377 and 1,046,580 shares in three months ended March 31, 2020, 2019 and June 2019 respectively) (152,589)       (152,589)                
Long-term incentive performance units   4,987     4,987             4,987 4,987
Issuance of unit equivalents and other 3,316     26 3,342       29 3,287   26 3,342
Unrealized (loss) gain on derivative hedging activities 19,510 2,963     22,473     19,510       2,963 22,473
Currency translation adjustments (20,505) (3,099)     (23,604)     (20,505)       (3,099) (23,604)
Changes in available-for-sale securities and other 715 109     824     715       109 824
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings (417) (63)     (480)     (417)       (63) (480)
Other comprehensive income (697) (90)     (787)     (697)       (90) (787)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 24,233 (24,233)             24,233     (24,233)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (645,259)   (98,099) (743,358)
Distributions to other noncontrolling interest partners                       (3,167) (3,167)
Distributions to limited partners, excluding preferred interests classified as temporary equity (644,425) (98,099) (834) (3,167) (746,525)                
Net income, excluding preferred distributions on temporary equity preferred units of $479, $608 and $1,065 loss attributable to noncontrolling redeemable interests in properties for March 31, 2020 and 2019 respectively 437,605 66,658 834 436 505,533         438,439   67,094 505,533
Balance at Mar. 31, 2020           42,338 32 (119,301) 9,768,175 (5,583,485) (1,926,160) 329,354 2,510,953
Balance at Mar. 31, 2020 2,139,261 325,546 42,338 3,808 2,510,953                
Balance at Dec. 31, 2019           42,420 32 (118,604) 9,756,073 (5,379,952) (1,773,571) 384,852 2,911,250
Balance at Dec. 31, 2019 2,483,978 378,339 42,420 6,513 2,911,250                
Increase (Decrease) in Stockholders' Equity                          
Unrealized (loss) gain on derivative hedging activities         (1,859)               (1,859)
Currency translation adjustments         (39,508)               (39,508)
Changes in available-for-sale securities and other         272               272
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings         (958)               (958)
Balance at Jun. 30, 2020           42,256 32 (155,126) 9,763,059 (5,703,183) (1,917,698) 306,099 2,335,439
Balance at Jun. 30, 2020 1,987,084 302,242 42,256 3,857 2,335,439                
Balance at Mar. 31, 2020           42,338 32 (119,301) 9,768,175 (5,583,485) (1,926,160) 329,354 2,510,953
Balance at Mar. 31, 2020 2,139,261 325,546 42,338 3,808 2,510,953                
Increase (Decrease) in Stockholders' Equity                          
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Stock incentive program (1,081, 155,610 and 89,368 common shares, net)                 (9,317)   9,317    
Amortization of stock incentive 4,969       4,969       4,969       4,969
Long-term incentive performance units   3,229     3,229             3,229 3,229
Issuance of unit equivalents and other 22,899 (2)     22,897       1 23,753 (855) (2) 22,897
Unrealized (loss) gain on derivative hedging activities (21,116) (3,216)     (24,332)     (21,116)       (3,216) (24,332)
Currency translation adjustments (13,815) (2,088)     (15,904)     (13,815)       (2,088) (15,904)
Changes in available-for-sale securities and other (479) (73)     (552)     (479)       (73) (552)
Net (gain) loss reclassified from accumulated other comprehensive loss into earnings (415) (63)     (478)     (415)       (63) (478)
Other comprehensive income (35,825) (5,440)     (41,265)     (35,825)       (5,440) (41,265)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership (769) 769             (769)     769  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (398,499)   (60,510) (459,009)
Distributions to other noncontrolling interest partners                       (244) (244)
Distributions to limited partners, excluding preferred interests classified as temporary equity (397,664) (60,510) (835) (244) (459,253)                
Net income, excluding preferred distributions on temporary equity preferred units of $479, $608 and $1,065 loss attributable to noncontrolling redeemable interests in properties for March 31, 2020 and 2019 respectively 254,213 38,650 835 293 293,991         255,048   38,943 293,991
Balance at Jun. 30, 2020           $ 42,256 $ 32 $ (155,126) $ 9,763,059 $ (5,703,183) $ (1,917,698) $ 306,099 $ 2,335,439
Balance at Jun. 30, 2020 $ 1,987,084 $ 302,242 $ 42,256 $ 3,857 $ 2,335,439