Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Significant Accounting Policies

Schedule of investment properties

	2022		2021
Land	$	3,632,943	$	3,639,353
Buildings and improvements		34,246,835		33,857,863
Total land, buildings and improvements		37,879,778		37,497,216
Furniture, fixtures and equipment		447,134		435,150
Investment properties at cost		38,326,912		37,932,366
Less — accumulated depreciation		16,563,749		15,621,127
Investment properties at cost, net	$	21,763,163	$	22,311,239
Construction in progress included above	$	587,644	$	797,519

Schedule of interest capitalized

	For the Year Ended
	December 31,
	2022		2021		2020
Capitalized interest	$	35,482	$	31,204	$	22,917

Schedule of deferred costs and other assets

	2022		2021
Deferred lease costs, net	$	97,553	$	109,155
In-place lease intangibles, net		7,076		14,107
Acquired above market lease intangibles, net		10,696		19,171
Marketable securities of our captive insurance companies		52,325		60,855
Goodwill		20,098		20,098
Other marketable and non-marketable securities		309,212		359,459
Prepaids, notes receivable and other assets, net		662,333		538,166
	$	1,159,293	$	1,121,011

Schedule of deferred lease costs

	2022		2021
Deferred lease costs	$	312,464	$	358,287
Accumulated amortization		(214,911)		(249,132)
Deferred lease costs, net	$	97,553	$	109,155

Schedule of amortization of deferred leasing costs

	For the Year Ended December 31,
	2022		2021		2020
Amortization of deferred leasing costs	$	39,606	$	43,028	$	51,349

Schedule of intangible assets

	2022		2021
In-place lease intangibles	$	67,935	$	115,550
Accumulated amortization		(60,859)		(101,443)
In-place lease intangibles, net	$	7,076	$	14,107
	2022		2021
Acquired above market lease intangibles	$	130,556	$	133,224
Accumulated amortization		(119,860)		(114,053)
Acquired above market lease intangibles, net	$	10,696	$	19,171

Schedule of estimated future amortization and the increasing (decreasing) effect on lease income for above and below market leases

	Below		Above		Impact to
	Market		Market		Lease
	Leases		Leases		Income, Net
2023	$	4,352	$	(5,235)	$	(883)
2024		3,421		(3,525)		(104)
2025		2,318		(1,477)		841
2026		1,553		(433)		1,120
2027		1,246		(26)		1,220
Thereafter		2,451		—		2,451
	$	15,341	$	(10,696)	$	4,645

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

			Asset (Liability) Value as of
			December 31,		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		—		(0.8)
€	50.0	January 13, 2023		(2.9)		—
€	15.0	March 15, 2023		0.7		—
€	15.0	March 15, 2023		0.7		—
€	50.0	December 15, 2023		(2.8)		—
€	30.0	March 15, 2024		1.3		—
€	51.0	March 15, 2024		(2.8)		—
€	45.0	April 12, 2023		(0.2)		—
€	44.0	September 15, 2023		(0.1)		—

Schedule of carrying amount of noncontrolling interests

	2022		2021
Limited partners’ interests in the Operating Partnership	$	448,076	$	477,292
Nonredeemable noncontrolling interests in properties, net		25,052		14,241
Total noncontrolling interests reflected in equity	$	473,128	$	491,533

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

							Affected line item where
	2022		2021		2020		net income is presented
Currency translation adjustments	$	—	$	5,660	$	(1,739)	Gain (loss) on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net
		—		(712)		219	Net income attributable to noncontrolling interests
	$	—	$	4,948		(1,520)
Accumulated derivative gains, net	$	1,595	$	1,625	$	1,845	Interest expense
		(202)		(204)		(232)	Net income attributable to noncontrolling interests
	$	1,393	$	1,421	$	1,613

Schedule of cash paid for taxes

	For the Year Ended December 31,
	2022		2021		2020
Cash paid for taxes	$	53,241	$	102,454	$	20,046

Simon Property Group, L.P.

Significant Accounting Policies

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

							Affected line item where
	2022		2021		2020		net income is presented
Currency translation adjustments	$	—	$	5,660	$	(1,739)	Gain (loss) 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	$	1,595	$	1,625	$	1,845	Interest expense