SUBSIDIARY EQUITY OBLIGATIONS (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure of financial liabilities [abstract]

Disclosure of detailed information about equity interests classified as liabilities [Table Text Block]

Subsidiary equity obligations consist of the following:

AS AT DEC. 31 (MILLIONS)	Note	2018		2017
Subsidiary preferred equity units	(a)	$	1,622	$	1,597
Limited-life funds and redeemable fund units	(b)	1,724		1,559
Subsidiary preferred shares and capital	(c)	530		505
Total		$	3,876	$	3,661

AS AT DEC. 31 (MILLIONS, EXCEPT PER SHARE INFORMATION)	Shares Outstanding	Cumulative Dividend Rate		Local Currency	2018		2017
Series 1	24,000,000	6.25	%	US$	$	562	$	551
Series 2	24,000,000	6.50	%	US$	537		529
Series 3	24,000,000	6.75	%	US$	523		517
Total					$	1,622	$	1,597

AS AT DEC. 31 (MILLIONS, EXCEPT PER SHARE INFORMATION)	Shares Outstanding	Cumulative Dividend Rate		Local Currency	2018		2017
Brookfield Property Split Corp (“BOP Split”) senior preferred shares
Series 1	924,390	5.25	%	US$	$	23	$	23
Series 2	699,165	5.75	%	C$	13		14
Series 3	909,994	5.00	%	C$	17		18
Series 4	940,486	5.20	%	C$	17		19
BSREP II RH B LLC (“Manufactured Housing”) preferred capital	—	9.00	%	US$	249		249
Rouse Series A preferred shares	5,600,000	5.00	%	US$	142		142
Forest City Enterprises L.P. (“Forest City”) Preferred Capital	1,111,004	2.00	%	US$	29		—
BSREP II Vintage Estate Partners LLC (“Vintage Estates”) preferred shares	10,000	5.00	%	US$	40		40
Total					$	530	$	505