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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
Series J 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, 2020           $ 42,091 $ 34 $ (188,675) $ 11,179,688 $ (6,102,314) $ (1,891,352) $ 432,874 $ 3,472,346
Balance at Dec. 31, 2020 $ 2,997,381 $ 431,784 $ 42,091 $ 1,090 $ 3,472,346                
Increase (Decrease) in Stockholders' Equity                          
Exchange of limited partner units                 539     (539)  
Series J preferred stock premium amortization     (328)   (328) (328)             (328)
Limited partner units exchanged to common units 539 (539)                      
Stock incentive program                 (9,229)   9,229    
Redemption of limited partner units (2,061) (159)     (2,220)       (2,061)     (159) (2,220)
Amortization of stock incentive 19,673       19,673       19,673       19,673
Long-term incentive performance units   17,755     17,755             17,755 17,755
Issuance of unit equivalents and other (40,877) 1   18,493 (22,383)       5,760 (44,319) (2,318) 18,494 (22,383)
Unrealized gain on hedging activities 44,676 6,438     51,114     44,676       6,438 51,114
Currency translation adjustments (33,932) (4,840)     (38,772)     (33,932)       (4,840) (38,772)
Changes in available-for-sale securities and other (886) (128)     (1,014)     (886)       (128) (1,014)
Net gain reclassified from accumulated other comprehensive loss into earnings (6,369) (916)     (7,285)     (6,369)       (916) (7,285)
Other comprehensive income (loss) 3,489 554     4,043     3,489       554 4,043
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 18,620 (18,620)             18,620     (18,620)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (1,926,706)   (276,698) (2,203,404)
Distributions to other noncontrolling interest partners                       (2,708) (2,708)
Distributions, excluding distributions on preferred interests classified as temporary equity (1,923,369) (276,698) (3,337) (2,708) (2,206,112)                
Net income, excluding preferred distributions on temporary equity preferred units and amounts attributable to noncontrolling redeemable interests in properties 2,246,294 323,214 3,337 (2,634) 2,570,211                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties                   2,249,631   320,580 2,570,211
Balance at Dec. 31, 2021           41,763 34 (185,186) 11,212,990 (5,823,708) (1,884,441) 491,533 3,852,985
Balance at Dec. 31, 2021 3,319,689 477,292 41,763 14,241 3,852,985                
Increase (Decrease) in Stockholders' Equity                          
Exchange of limited partner units                 27     (27)  
Series J preferred stock premium amortization     (328)   (328) (328)             (328)
Limited partner units exchanged to common units 27 (27)                      
Stock incentive program                 (27,637)   27,637    
Redemption of limited partner units (1,708) (144)     (1,852)       (1,708)     (144) (1,852)
Amortization of stock incentive 23,670       23,670       23,670       23,670
Treasury stock purchase                     (180,387)   (180,387)
Treasury unit purchase (180,387)       (180,387)                
Long-term incentive performance units   14,845     14,845             14,845 14,845
Issuance of unit equivalents and other 11,649 (1)   10,601 22,249       (2,769) 21,206 (6,788) 10,600 22,249
Unrealized gain on hedging activities 47,888 6,920     54,808     47,888       6,920 54,808
Currency translation adjustments (24,427) (3,692)     (28,119)     (24,427)       (3,692) (28,119)
Changes in available-for-sale securities and other (1,755) (254)     (2,009)     (1,755)       (254) (2,009)
Net gain reclassified from accumulated other comprehensive loss into earnings (1,393) (202)     (1,595)     (1,393)       (202) (1,595)
Other comprehensive income (loss) 20,313 2,772     23,085     20,313       2,772 23,085
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 28,308 (28,308)             28,308     (28,308)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (2,264,007)   (326,550) (2,590,557)
Distributions to other noncontrolling interest partners                       (1,362) (1,362)
Distributions, excluding distributions on preferred interests classified as temporary equity (2,260,670) (326,550) (3,337) (1,362) (2,591,919)                
Net income, excluding preferred distributions on temporary equity preferred units and amounts attributable to noncontrolling redeemable interests in properties 2,136,198 308,197 3,337 1,572 2,449,304                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties                   2,139,535   309,769 2,449,304
Balance at Dec. 31, 2022           41,435 34 (164,873) 11,232,881 (5,926,974) (2,043,979) 473,128 3,611,652
Balance at Dec. 31, 2022 3,097,089 448,076 41,435 25,052 3,611,652                
Increase (Decrease) in Stockholders' Equity                          
Issuance of limited partner units   197,426     197,426             197,426 197,426
Series J preferred stock premium amortization     (329)   (329) (329)             (329)
Stock incentive program                 (34,189)   34,189    
Redemption of limited partner units (12,483) (1,041)     (13,524)       (12,483)     (1,041) (13,524)
Amortization of stock incentive 32,468       32,468       32,468       32,468
Treasury stock purchase                     (140,593)   (140,593)
Treasury unit purchase (140,593)       (140,593)                
Long-term incentive performance units   14,739     14,739             14,739 14,739
Issuance of unit equivalents and other (18,145) 6   2,020 (16,119)   (1)   146 (12,495) (5,795) 2,026 (16,119)
Unrealized gain on hedging activities 15,784 2,566     18,350     15,784       2,566 18,350
Currency translation adjustments (22,116) (4,397)     (26,513)     (22,116)       (4,397) (26,513)
Changes in available-for-sale securities and other 1,969 285     2,254     1,969       285 2,254
Net gain reclassified from accumulated other comprehensive loss into earnings (3,551) (533)     (4,084)     (3,551)       (533) (4,084)
Other comprehensive income (loss) (7,914) (2,079)     (9,993)     (7,914)       (2,079) (9,993)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 187,413 (187,413)             187,413     (187,413)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (2,439,233)   (355,548) (2,794,781)
Distributions to other noncontrolling interest partners                       (6,361) (6,361)
Distributions, excluding distributions on preferred interests classified as temporary equity (2,435,896) (355,548) (3,337) (6,361) (2,801,142)                
Net income, excluding preferred distributions on temporary equity preferred units and amounts attributable to noncontrolling redeemable interests in properties 2,279,789 333,328 3,337 610 2,617,064                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties                   2,283,126   333,938 2,617,064
Balance at Dec. 31, 2023           $ 41,106 $ 33 $ (172,787) $ 11,406,236 $ (6,095,576) $ (2,156,178) $ 468,815 $ 3,491,649
Balance at Dec. 31, 2023 $ 2,981,728 $ 447,494 $ 41,106 $ 21,321 $ 3,491,649