XML 62 R38.htm IDEA: XBRL DOCUMENT v3.21.1
Investments in Unconsolidated Entities and International Investments - Unconsolidated Entity Transactions (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Dec. 29, 2020
USD ($)
property
$ / shares
shares
Dec. 07, 2020
USD ($)
Feb. 19, 2020
USD ($)
item
Sep. 15, 2016
item
Jan. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
property
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
Investment in Unconsolidated Entities                  
Payments for acquisitions           $ 56,250   $ 107,797  
Income from unconsolidated entities           15,069   50,465  
Total revenue           1,239,951   1,353,360  
Operating Income           604,612   654,869  
Consolidated net income           510,460   505,404  
Simon Property Group, L.P.                  
Investment in Unconsolidated Entities                  
Payments for acquisitions           56,250   107,797  
Income from unconsolidated entities           15,069   50,465  
Total revenue           1,239,951   1,353,360  
Operating Income           604,612   654,869  
Consolidated net income           $ 510,460   $ 505,404  
TRG                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent) 80.00%         80.00%      
Share price (in dollars per share) | $ / shares $ 43.00                
Payments for acquisitions $ 3,500,000                
Income from unconsolidated entities           $ (24,800)      
Total revenue           135,400      
Operating Income           36,800      
Consolidated net income           8,700      
Aggregate investment in ventures           3,436,304     $ 3,451,897
TRG | Series J Cumulative Preferred Shares                  
Investment in Unconsolidated Entities                  
Redemption of preferred shares $ 192,500                
Preferred stock stated dividend rate (as a percent) 6.50%                
TRG | Series K Cumulative Preferred Shares                  
Investment in Unconsolidated Entities                  
Redemption of preferred shares $ 170,000                
Preferred stock stated dividend rate (as a percent) 6.25%                
TRG | Series A Cumulative Preferred Shares                  
Investment in Unconsolidated Entities                  
Issuance of preferred units $ 362,500                
Preferred stock stated dividend rate (as a percent) 6.38%                
TRG | Simon Property Group, L.P.                  
Investment in Unconsolidated Entities                  
Number of units issued in connection with acquisition | shares 955,705                
Aggregate investment in ventures           $ 3,436,304     $ 3,451,897
TRG | TRG                  
Investment in Unconsolidated Entities                  
Number of regional, super regional and outlet malls | property 24         24      
J.C. Penny Department Store                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)   41.67%              
Payments for acquisitions   $ 125,000              
Forever 21                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)           50.00%      
Payments for acquisitions           $ 56,300      
Aggregate investment in ventures     $ 67,600            
Bargain purchase gain             $ 35,000    
Number of joint ventures | item     2            
Additional noncontrolling interest purchased           12.50%      
SPARC Group                  
Investment in Unconsolidated Entities                  
Number of joint ventures | item       2          
SPARC Group Retail Operations                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)           50.00%      
Payments for acquisitions         $ 6,700        
Additional noncontrolling interest purchased         5.05%        
Authentic Brands Group LLC                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)           6.80%      
Payments for acquisitions         $ 33,500        
Additional noncontrolling interest purchased         1.37%