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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Significant Accounting Policies  
Schedule of carrying amount of noncontrolling interests

As of

As of

September 30, 

December 31, 

    

2022

    

2021

Limited partners’ interests in the Operating Partnership

$

431,145

$

477,292

Nonredeemable noncontrolling interests in properties, net

 

24,409

 

14,241

Total noncontrolling interests reflected in equity

$

455,554

$

491,533

Schedule of Interest Rate Derivatives

Number of

Notional

Interest Rate Derivative

    

Instruments

    

Amount

Interest Rate Swaps

 

1

128.0 million

Interest Rate Caps

5

319.0 million

Number of

Notional

Interest Rate Derivative

    

Instruments

    

Amount

Interest Rate Swaps

 

2

$

375.0 million

Schedule of Euro:USD forward contracts

We had the following Euro:USD forward contracts designated as net investment hedges at September 30, 2022 and December 31, 2021 (in millions):

    

    

Asset (Liability) Value as of

September 30, 

    

December 31, 

Notional Value

Maturity Date

2022

2021

60.0

March 15, 2022

 

2.8

62.0

September 15, 2022

2.8

44.5

September 15, 2022

(0.3)

44.5

September 15, 2022

(0.4)

89.0

December 16, 2022

13.7

(0.8)

50.0

January 13, 2023

1.2

15.0

March 15, 2023

1.9

15.0

March 15, 2023

1.9

50.0

December 15, 2023

1.1

30.0

March 15, 2024

3.6

51.0

March 15, 2024

1.1

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

    

2022

    

2021

    

2022

    

2021

    

net income is presented

Currency translation adjustments

$

$

$

$

5,660

Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net

(712)

Net income attributable to noncontrolling interests

$

$

$

$

4,948

Accumulated derivative gains, net

$

403

 

$

404

$

1,191

 

$

1,362

 

Interest expense

 

(51)

 

 

(50)

 

(150)

 

 

(171)

 

Net income attributable to noncontrolling interests

$

352

$

354

$

1,041

$

1,191

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

    

2022

    

2021

    

2022

    

2021

    

net income is presented

Currency translation adjustments

$

 

$

$

 

$

5,660

 

Gain on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net

Accumulated derivative gains, net

$

403

 

$

404

$

1,191

 

$

1,362

 

Interest expense