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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income $ 841,155 $ 519,255
Adjustments to reconcile consolidated net income to net cash provided by operating activities    
Depreciation and amortization 324,762 322,392
Gain on acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net (10,966)  
Gain on disposal, exchange, or revaluation of equity interests, net (414,769)  
Unrealized losses (gains) in fair value of publicly traded equity instruments and derivative instrument, net 7,192 (20,608)
Straight-line lease loss 3,849 6,912
Loss (income) from unconsolidated entities 34,342 (21,900)
Distributions of income from unconsolidated entities 73,341 119,146
Changes in assets and liabilities    
Tenant receivables and accrued revenue, net 30,426 25,774
Deferred costs and other assets (3,392) 3,981
Accounts payable, accrued expenses, intangibles, deferred revenues and other (112,837) (126,271)
Net cash provided by operating activities 773,103 828,681
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions   (27,712)
Funding of loans to related parties (106,000) (6,500)
Repayments of loans to related parties 4,083 2,913
Capital expenditures, net (162,974) (166,070)
Cash impact from the consolidation of properties 10,454  
Investments in unconsolidated entities (27,923) (10,664)
Purchase of short-term investments (600,000)  
Proceeds from redemption of short-term investments 300,000  
Purchase of equity instruments (626)  
Proceeds from sales of equity instruments 1,152,180 978
Distributions of capital from unconsolidated entities and other 124,177 47,315
Net cash provided by (used in) investing activities 693,371 (159,740)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock and other, net of transaction costs (82) (83)
Purchase of shares related to stock grant recipients' tax withholdings (4,438) (2,624)
Redemption of limited partner units (40,716) (2,858)
Distributions to noncontrolling interest holders in properties (6,571) (5,525)
Contributions from noncontrolling interest holders in properties 1,734 6,459
Preferred distributions of the Operating Partnership (432) (479)
Distributions to stockholders and preferred dividends (636,453) (590,434)
Distributions to limited partners (95,349) (85,163)
Proceeds from issuance of debt, net of transaction costs 67,890 1,412,721
Repayments of debt (669,943) (867,160)
Net cash used in financing activities (1,384,360) (135,146)
INCREASE IN CASH AND CASH EQUIVALENTS 82,114 533,795
CASH AND CASH EQUIVALENTS, beginning of period 1,168,991 621,628
CASH AND CASH EQUIVALENTS, end of period 1,251,105 1,155,423
Simon Property Group, L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income 841,155 519,255
Adjustments to reconcile consolidated net income to net cash provided by operating activities    
Depreciation and amortization 324,762 322,392
Gain on acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net (10,966)  
Gain on disposal, exchange, or revaluation of equity interests, net (414,769)  
Unrealized losses (gains) in fair value of publicly traded equity instruments and derivative instrument, net 7,192 (20,608)
Straight-line lease loss 3,849 6,912
Loss (income) from unconsolidated entities 34,342 (21,900)
Distributions of income from unconsolidated entities 73,341 119,146
Changes in assets and liabilities    
Tenant receivables and accrued revenue, net 30,426 25,774
Deferred costs and other assets (3,392) 3,981
Accounts payable, accrued expenses, intangibles, deferred revenues and other (112,837) (126,271)
Net cash provided by operating activities 773,103 828,681
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions   (27,712)
Funding of loans to related parties (106,000) (6,500)
Repayments of loans to related parties 4,083 2,913
Capital expenditures, net (162,974) (166,070)
Cash impact from the consolidation of properties 10,454  
Investments in unconsolidated entities (27,923) (10,664)
Purchase of short-term investments (600,000)  
Proceeds from redemption of short-term investments 300,000  
Purchase of equity instruments (626)  
Proceeds from sales of equity instruments 1,152,180 978
Distributions of capital from unconsolidated entities and other 124,177 47,315
Net cash provided by (used in) investing activities 693,371 (159,740)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock and other, net of transaction costs (82) (83)
Purchase of shares related to stock grant recipients' tax withholdings (4,438) (2,624)
Redemption of limited partner units (40,716) (2,858)
Distributions to noncontrolling interest holders in properties (6,571) (5,525)
Contributions from noncontrolling interest holders in properties 1,734 6,459
Preferred distributions of the Operating Partnership (732,234) (676,076)
Proceeds from issuance of debt, net of transaction costs 67,890 1,412,721
Repayments of debt (669,943) (867,160)
Net cash used in financing activities (1,384,360) (135,146)
INCREASE IN CASH AND CASH EQUIVALENTS 82,114 533,795
CASH AND CASH EQUIVALENTS, beginning of period 1,168,991 621,628
CASH AND CASH EQUIVALENTS, end of period $ 1,251,105 $ 1,155,423