Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Significant Accounting Policies

Schedule of carrying amount of noncontrolling interests

	As of		As of
	September 30,		December 31,
	2020		2019
Limited partners’ interests in the Operating Partnership	$	259,797	$	378,339
Nonredeemable noncontrolling interests in properties, net		3,568		6,513
Total noncontrolling interests reflected in equity	$	263,365	$	384,852

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

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019		Affected line item where net income is presented
Accumulated derivative gains (losses), net	$	477	$	(1,087)	$	1,435	$	(3,261)	Interest expense
		(63)		144		(189)		431	Net income attributable to noncontrolling interests
	$	414	$	(943)	$	1,246	$	(2,830)

Schedule of Euro:USD forward contracts

We had the following Euro:USD forward contracts designated as net investment hedges at September 30, 2020 and December 31, 2019 (in millions):

			Asset (Liability) Value as of
			September 30,		December 31,
Notional Value		Maturity Date	2020		2019
€	50.0	March 20, 2020		—		(0.5)
€	50.0	March 20, 2020		—		(0.5)
€	50.0	March 20, 2020		—		(0.5)
€	50.0	May 15, 2020		—		1.5
€	100.0	June 18, 2020		—		(0.6)
€	90.0	June 18, 2020		—		(0.5)
€	50.0	December 18, 2020		(2.1)		—
€	100.0	December 18, 2020		(3.4)		(0.6)
€	100.0	December 18, 2020		(3.4)		(0.6)
€	100.0	March 24, 2021		0.8		—
€	100.0	March 24, 2021		0.9		—
€	50.0	March 24, 2021		0.1		—
€	50.0	March 24, 2021		0.1		—
€	50.0	May 14, 2021		0.1		—
€	50.0	May 14, 2021		0.1		—
€	41.0	May 14, 2021		0.1		—
€	20.0	May 14, 2021		(0.8)		—
€	50.0	May 14, 2021		0.2		1.3
€	50.0	May 14, 2021		(4.0)		—
€	30.0	May 14, 2021		(1.1)		—
€	60.0	December 20, 2021		(1.4)		—
€	60.0	December 20, 2021		(1.3)		—
€	30.0	December 20, 2021		(0.8)		—

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,
	2020		2019		2020		2019		Affected line item where net income is presented
Accumulated derivative gains (losses), net	$	477	$	(1,087)	$	1,435	$	(3,261)	Interest expense