SUBSIDIARY EQUITY OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2017

Interests In Other Entities [Abstract]

Disclosure of debt obligations held in subsidiaries

AS AT DEC. 31 (MILLIONS, EXCEPT PER SHARE INFORMATION)	Shares Outstanding	Cumulative Dividend Rate		Local Currency	2017		2016
Series 1	24,000,000	6.25	%	US$	$	551	$	541
Series 2	24,000,000	6.50	%	US$	529		522
Series 3	24,000,000	6.75	%	US$	517		511
Total					$	1,597	$	1,574

AS AT DEC. 31 (MILLIONS, EXCEPT PER SHARE INFORMATION)	Shares Outstanding	Cumulative Dividend Rate		Local Currency	2017		2016
BPO Class AAA preferred shares
Series G	—	5.25	%	US$	$	—	$	81
Series J	—	5.00	%	C$	—		122
Series K	—	5.20	%	C$	—		93
Brookfield Property Split Corp (“BOP Split”) senior preferred shares
Series 1	924,390	5.25	%	US$	23		24
Series 2	699,165	5.75	%	C$	14		14
Series 3	909,994	5.00	%	C$	18		17
Series 4	940,486	5.20	%	C$	19		18
BSREP II RH B LLC (“Manufactured Housing”) preferred capital	—	9.00	%	US$	249		—
Rouse Series A preferred shares	5,600,000	5.00	%	US$	142		143
BSREP II Vintage Estate Partners LLC (“Vintage Estates”) preferred shares	10,000	5.00	%	US$	40		40
Total					$	505	$	552

Subsidiary equity obligations consist of the following:

AS AT DEC. 31 (MILLIONS)	Note	2017		2016
Subsidiary preferred equity units	(a)	$	1,597	$	1,574
Limited-life funds and redeemable fund units	(b)	1,559		1,439
Subsidiary preferred shares and capital	(c)	505		552
Total		$	3,661	$	3,565