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Investments in Unconsolidated Entities and International Investments - Unconsolidated Property Transactions (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 07, 2023
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Investment in Unconsolidated Entities                  
Payments for acquisitions                 $ 27,712
Total revenue   $ 1,480,710       $ 1,410,948   $ 4,381,566 4,131,398
Operating (loss) income before other items   767,769       694,234   2,257,050 2,014,883
Consolidated net income (loss)   546,671       680,762   1,957,262 1,757,522
Gain (loss) on disposal, exchange, or revaluation of equity interests           158,192   414,769 194,629
TRG                  
Investment in Unconsolidated Entities                  
Total revenue   181,214       170,475   522,743 503,300
Operating (loss) income before other items   74,835       64,134   208,902 200,828
Consolidated net income (loss)   45,448       (79,515)   195,266 (8,840)
Our share of net income (loss)   37,829       (64,927)   163,408 (9,863)
Amortization of Excess Investment   (49,299)       28,883   (212,081) (65,897)
Other Platform Investments                  
Investment in Unconsolidated Entities                  
Total revenue   2,657,141       3,265,353   8,075,212 9,414,604
Operating (loss) income before other items   (74,524)       257,104   (343,127) 342,353
Consolidated net income (loss)   (109,444)       136,745   (507,154) 8,379
Our share of net income (loss)   (20,315)       11,615   (118,137) (18,122)
Amortization of Excess Investment   (692)       (1,665)   (2,076) (4,994)
Simon Property Group, L.P.                  
Investment in Unconsolidated Entities                  
Payments for acquisitions                 27,712
Total revenue   1,480,710       1,410,948   4,381,566 4,131,398
Operating (loss) income before other items   767,769       694,234   2,257,050 2,014,883
Consolidated net income (loss)   $ 546,671       680,762   1,957,262 1,757,522
Gain (loss) on disposal, exchange, or revaluation of equity interests           $ 158,192   $ 414,769 $ 194,629
Jamestown                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)   50.00%           50.00%  
TRG                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent) 84.00% 84.00%           84.00%  
Payments for acquisitions $ 199,600                
Ownership interest acquired (as a percent) 4.00%                
Aggregate investment in ventures   $ 2,870,048     $ 3,049,719     $ 2,870,048  
TRG | Series A Cumulative Preferred Shares                  
Investment in Unconsolidated Entities                  
Preferred stock stated dividend rate (as a percent) 6.38%                
Issuance of preferred units $ 362,500                
TRG | Simon Property Group, L.P.                  
Investment in Unconsolidated Entities                  
Number of units issued in connection with acquisition (in units) 1,725,000                
Aggregate investment in ventures   $ 2,870,048     3,049,719     $ 2,870,048  
JC Penney                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)   41.67%           41.67%  
SPARC Group                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)   33.30%       33.30%   33.30% 33.30%
Loans to related party     $ 50,000 $ 100,000          
Proceeds from reimbursement of loans funded     $ 50,000            
Aggregate investment in ventures   $ 40,000     $ 169,200     $ 40,000  
Guarantee provided   $ 50,000           $ 50,000  
Gain (loss) on disposal, exchange, or revaluation of equity interests           $ 145,800      
Deferred Taxes           $ 36,900     $ 36,900
Phoenix Retail, LLC                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)     39.40%            
Payments for acquisitions     $ 0            
ABG                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)         9.60% 11.70%     11.70%
Gain (loss) on disposal, exchange, or revaluation of equity interests         $ 10,300 $ 12,400 $ 36,400    
Deferred Taxes         2,600 $ 3,100 $ 9,100   $ 3,100
Proceeds from sale or disposal of real estate assets       1,200,000 300,200        
Pre-tax gain       414,800 157,100        
Tax expense       $ 103,700 $ 39,300        
RGG                  
Investment in Unconsolidated Entities                  
Ownership interest (as a percent)   45.00%           45.00%