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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income $ 1,410,591 $ 1,076,760
Adjustments to reconcile consolidated net income to net cash provided by operating activities    
Depreciation and amortization 657,357 661,448
(Gain) loss upon acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net (7,980) 4,356
Gain on disposal, exchange, or revaluation of equity interests, net (414,769) (36,437)
Unrealized losses (gains) in fair value of publicly traded equity instruments and derivative instrument, net 4,787 (26,225)
Straight-line lease loss 7,730 9,893
Equity in income of unconsolidated entities (7,872) (112,355)
Distributions of income from unconsolidated entities 181,776 251,731
Changes in assets and liabilities    
Tenant receivables and accrued revenue, net 26,623 62,403
Deferred costs and other assets (7,819) (3,593)
Accounts payable, accrued expenses, intangibles, deferred revenues and other (14,170) 70,191
Net cash provided by operating activities 1,836,254 1,958,172
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions   (27,712)
Funding of loans to related parties (108,000) (6,500)
Repayments of loans to related parties 57,173 4,356
Capital expenditures, net (351,342) (387,298)
Cash impact from the consolidation of properties 10,454  
Investments in unconsolidated entities (34,861) (15,593)
Purchase of short-term investments (600,000)  
Proceeds from redemption of short-term investments 300,000  
Purchase of equity instruments (2,711) (1,321)
Proceeds from sale of equity instruments 1,155,266 2,566
Insurance proceeds for property restoration   4,967
Distributions of capital from unconsolidated entities and other 162,187 113,574
Net cash provided by (used in) investing activities 588,166 (312,961)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock and other, net of transaction costs (164) (165)
Purchase of shares related to stock grant recipients' tax withholdings (10,558) (5,795)
Redemption of limited partner units (40,864) (10,722)
Distributions to noncontrolling interest holders in properties (8,017) (7,834)
Contributions from noncontrolling interest holders in properties 2,741 8,064
Preferred distributions of the Operating Partnership (864) (957)
Preferred dividends and distributions to stockholders (1,289,419) (1,196,615)
Distributions to limited partners (193,159) (172,562)
Proceeds from issuance of debt, net of transaction costs 70,138 1,609,589
Repayments of debt (888,812) (1,652,377)
Net cash used in financing activities (2,358,978) (1,429,374)
INCREASE IN CASH AND CASH EQUIVALENTS 65,442 215,837
CASH AND CASH EQUIVALENTS, beginning of period 1,168,991 621,628
CASH AND CASH EQUIVALENTS, end of period 1,234,433 837,465
Simon Property Group, L.P.    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated Net Income 1,410,591 1,076,760
Adjustments to reconcile consolidated net income to net cash provided by operating activities    
Depreciation and amortization 657,357 661,448
(Gain) loss upon acquisition of controlling interests, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net (7,980) 4,356
Gain on disposal, exchange, or revaluation of equity interests, net (414,769) (36,437)
Unrealized losses (gains) in fair value of publicly traded equity instruments and derivative instrument, net 4,787 (26,225)
Straight-line lease loss 7,730 9,893
Equity in income of unconsolidated entities (7,872) (112,355)
Distributions of income from unconsolidated entities 181,776 251,731
Changes in assets and liabilities    
Tenant receivables and accrued revenue, net 26,623 62,403
Deferred costs and other assets (7,819) (3,593)
Accounts payable, accrued expenses, intangibles, deferred revenues and other (14,170) 70,191
Net cash provided by operating activities 1,836,254 1,958,172
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions   (27,712)
Funding of loans to related parties (108,000) (6,500)
Repayments of loans to related parties 57,173 4,356
Capital expenditures, net (351,342) (387,298)
Cash impact from the consolidation of properties 10,454  
Investments in unconsolidated entities (34,861) (15,593)
Purchase of short-term investments (600,000)  
Proceeds from redemption of short-term investments 300,000  
Purchase of equity instruments (2,711) (1,321)
Proceeds from sale of equity instruments 1,155,266 2,566
Insurance proceeds for property restoration   4,967
Distributions of capital from unconsolidated entities and other 162,187 113,574
Net cash provided by (used in) investing activities 588,166 (312,961)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sales of common stock and other, net of transaction costs (164) (165)
Purchase of shares related to stock grant recipients' tax withholdings (10,558) (5,795)
Redemption of limited partner units (40,864) (10,722)
Distributions to noncontrolling interest holders in properties (8,017) (7,834)
Contributions from noncontrolling interest holders in properties 2,741 8,064
Preferred distributions of the Operating Partnership (1,483,442) (1,370,134)
Proceeds from issuance of debt, net of transaction costs 70,138 1,609,589
Repayments of debt (888,812) (1,652,377)
Net cash used in financing activities (2,358,978) (1,429,374)
INCREASE IN CASH AND CASH EQUIVALENTS 65,442 215,837
CASH AND CASH EQUIVALENTS, beginning of period 1,168,991 621,628
CASH AND CASH EQUIVALENTS, end of period $ 1,234,433 $ 837,465