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Unaudited Consolidated Statements of Equity - USD ($)
$ in Thousands
Simon Property Group, L.P.
General Partner
Simon Property Group, L.P.
Limited Partner
Simon Property Group, L.P.
Preferred Stock
Simon Property Group, L.P.
Noncontrolling Interests
Simon Property Group, L.P.
Preferred Stock
Series J Preferred stock
Common Stock
Accumulated Other Comprehensive Income (Loss)
Capital in Excess of Par Value
Accumulated Deficit
Common Stock Held in Treasury
Noncontrolling Interests
Total
Balance at Dec. 31, 2022           $ 41,435 $ 34 $ (164,873) $ 11,232,881 $ (5,926,974) $ (2,043,979) $ 473,128 $ 3,611,652
Balance at Dec. 31, 2022 $ 3,097,089 $ 448,076 $ 41,435 $ 25,052 $ 3,611,652                
Increase (Decrease) in Stockholders' Equity                          
Series J preferred stock premium amortization     (83)   (83) (83)             (83)
Stock incentive program                 (7,880)   7,880    
Redemption of limited partner units (2,645) (213)     (2,858)       (2,645)     (213) (2,858)
Amortization of stock incentive 5,379       5,379       5,379       5,379
Long-term incentive performance units   3,382     3,382             3,382 3,382
Issuance of unit equivalents and other (7,644) 1   188 (7,455)         (5,020) (2,624) 189 (7,455)
Unrealized gain (loss) on hedging activities 4,959 713     5,672     4,959       713 5,672
Currency translation adjustments (671) (80)     (751)     (671)       (80) (751)
Changes in available-for-sale securities and other 169 25     194     169       25 194
Net gain reclassified from accumulated other comprehensive loss into earnings (438) (63)     (501)     (438)       (63) (501)
Other comprehensive income (loss) 4,019 595     4,614     4,019       595 4,614
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 3,736 (3,736)             3,736     (3,736)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (590,434)   (85,163) (675,597)
Distributions to other noncontrolling interest partners                       (4,366) (4,366)
Distributions, excluding distributions on preferred interests classified as temporary equity (589,600) (85,163) (834) (4,366) (679,963)                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties 451,827 65,353 834 190 518,204         452,661   65,543 518,204
Balance at Mar. 31, 2023           41,352 34 (160,854) 11,231,471 (6,069,767) (2,038,723) 449,359 3,452,872
Balance at Mar. 31, 2023 2,962,161 428,295 41,352 21,064 3,452,872                
Balance at Dec. 31, 2022           41,435 34 (164,873) 11,232,881 (5,926,974) (2,043,979) 473,128 3,611,652
Balance at Dec. 31, 2022 3,097,089 448,076 41,435 25,052 3,611,652                
Increase (Decrease) in Stockholders' Equity                          
Unrealized gain (loss) on hedging activities         62,305               62,305
Currency translation adjustments         (34,746)               (34,746)
Changes in available-for-sale securities and other         903               903
Net gain reclassified from accumulated other comprehensive loss into earnings         (1,869)               (1,869)
Balance at Sep. 30, 2023           41,188 34 (140,987) 11,392,636 (6,218,936) (2,121,201) 457,674 3,410,408
Balance at Sep. 30, 2023 2,911,546 436,693 41,188 20,981 3,410,408                
Balance at Mar. 31, 2023           41,352 34 (160,854) 11,231,471 (6,069,767) (2,038,723) 449,359 3,452,872
Balance at Mar. 31, 2023 2,962,161 428,295 41,352 21,064 3,452,872                
Increase (Decrease) in Stockholders' Equity                          
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Stock incentive program                 (26,309)   26,309    
Redemption of limited partner units (7,215) (649)     (7,864)       (7,215)     (649) (7,864)
Amortization of stock incentive 10,895       10,895       10,895       10,895
Long-term incentive performance units   2,617     2,617             2,617 2,617
Issuance of unit equivalents and other (3,938) 5   13 (3,920)       2 (770) (3,171) 18 (3,921)
Unrealized gain (loss) on hedging activities 13,398 1,922     15,320     13,398       1,922 15,320
Currency translation adjustments (28,837) (4,099)     (32,936)     (28,837)       (4,099) (32,936)
Changes in available-for-sale securities and other 935 135     1,070     935       135 1,070
Net gain reclassified from accumulated other comprehensive loss into earnings (609) (88)     (697)     (609)       (88) (697)
Other comprehensive income (loss) (15,113) (2,130)     (17,243)     (15,113)       (2,130) (17,243)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 2,581 (2,581)             2,581     (2,581)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (606,181)   (87,399) (693,580)
Distributions to other noncontrolling interest partners                       (772) (772)
Distributions, excluding distributions on preferred interests classified as temporary equity (605,347) (87,399) (834) (772) (694,352)                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties 486,343 70,213 834 258 557,648         487,178   70,471 557,649
Balance at Jun. 30, 2023           41,270 34 (175,967) 11,211,425 (6,189,540) (2,015,585) 428,934 3,300,571
Balance at Jun. 30, 2023 2,830,367 408,371 41,270 20,563 3,300,571                
Increase (Decrease) in Stockholders' Equity                          
Issuance of limited partner units   197,426     197,426             197,426 197,426
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Redemption of limited partner units (143) (11)     (154)       (143)     (11) (154)
Amortization of stock incentive 7,977       7,977       7,977       7,977
Treasury stock purchase                     (105,616)   (105,616)
Treasury unit purchase (105,616)       (105,616)                
Long-term incentive performance units   3,446     3,446             3,446 3,446
Issuance of unit equivalents and other (1,825) 2   1,080 (743)       5 (1,830)   1,082 (743)
Unrealized gain (loss) on hedging activities 35,653 5,660     41,314     35,653       5,660 41,314
Currency translation adjustments 215 (1,274)     (1,059)     215       (1,274) (1,059)
Changes in available-for-sale securities and other (310) (51)     (361)     (310)       (51) (361)
Net gain reclassified from accumulated other comprehensive loss into earnings (578) (93)     (671)     (578)       (93) (671)
Other comprehensive income (loss) 34,980 4,242     39,222     34,980       4,242 39,222
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 173,372 (173,372)             173,372     (173,372)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (622,540)   (89,869) (712,409)
Distributions to other noncontrolling interest partners                       (533) (533)
Distributions, excluding distributions on preferred interests classified as temporary equity (621,705) (89,869) (835) (533) (712,942)                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties 594,139 86,458 835 (129) 681,303         594,974   86,329 681,303
Balance at Sep. 30, 2023           41,188 34 (140,987) 11,392,636 (6,218,936) (2,121,201) 457,674 3,410,408
Balance at Sep. 30, 2023 2,911,546 436,693 41,188 20,981 3,410,408                
Balance at Dec. 31, 2023           41,106 33 (172,787) 11,406,236 (6,095,576) (2,156,178) 468,815 3,491,649
Balance at Dec. 31, 2023 2,981,728 447,494 41,106 21,321 3,491,649                
Increase (Decrease) in Stockholders' Equity                          
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Stock incentive program                 (8,234)   8,234    
Redemption of limited partner units (38,160) (2,556)     (40,716)       (38,160)     (2,556) (40,716)
Amortization of stock incentive 5,118       5,118       5,118       5,118
Long-term incentive performance units   4,765     4,765             4,765 4,765
Issuance of unit equivalents and other 7,540 (1)   (251) 7,288       (1) 11,979 (4,438) (252) 7,288
Unrealized gain (loss) on hedging activities 24,138 3,606     27,744     24,138       3,606 27,744
Currency translation adjustments (15,201) (2,228)     (17,429)     (15,201)       (2,228) (17,429)
Changes in available-for-sale securities and other (545) (81)     (626)     (545)       (81) (626)
Net gain reclassified from accumulated other comprehensive loss into earnings (1,401) (210)     (1,611)     (1,401)       (210) (1,611)
Other comprehensive income (loss) 6,991 1,087     8,078     6,991       1,087 8,078
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 5,781 (5,781)             5,781     (5,781)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (636,453)   (95,349) (731,802)
Distributions to other noncontrolling interest partners                       (2,040) (2,040)
Distributions, excluding distributions on preferred interests classified as temporary equity (635,619) (95,349) (834) (2,040) (733,842)                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties 731,702 109,657 834 145 842,338         732,536   109,802 842,338
Balance at Mar. 31, 2024           41,024 33 (165,796) 11,370,740 (5,987,514) (2,152,382) 478,491 3,584,596
Balance at Mar. 31, 2024 3,065,081 459,316 41,024 19,175 3,584,596                
Balance at Dec. 31, 2023           41,106 33 (172,787) 11,406,236 (6,095,576) (2,156,178) 468,815 3,491,649
Balance at Dec. 31, 2023 2,981,728 447,494 41,106 21,321 3,491,649                
Increase (Decrease) in Stockholders' Equity                          
Unrealized gain (loss) on hedging activities         (10,281)               (10,281)
Currency translation adjustments         (25,668)               (25,668)
Changes in available-for-sale securities and other         1,385               1,385
Net gain reclassified from accumulated other comprehensive loss into earnings         (4,168)               (4,168)
Balance at Sep. 30, 2024           40,860 33 (206,340) 11,343,428 (6,358,449) (2,106,396) 426,221 3,139,357
Balance at Sep. 30, 2024 2,672,276 402,919 40,860 23,302 3,139,357                
Balance at Mar. 31, 2024           41,024 33 (165,796) 11,370,740 (5,987,514) (2,152,382) 478,491 3,584,596
Balance at Mar. 31, 2024 3,065,081 459,316 41,024 19,175 3,584,596                
Increase (Decrease) in Stockholders' Equity                          
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Stock incentive program                 (22,365)   22,365    
Redemption of limited partner units (139) (9)     (148)       (139)     (9) (148)
Amortization of stock incentive 9,750       9,750       9,750       9,750
Long-term incentive performance units   4,326     4,326             4,326 4,326
Issuance of unit equivalents and other (15,876) 1   (85) (15,960)         (9,756) (6,120) (84) (15,960)
Unrealized gain (loss) on hedging activities 14,155 2,117     16,272     14,155       2,117 16,272
Currency translation adjustments (14,086) (2,099)     (16,185)     (14,086)       (2,099) (16,185)
Changes in available-for-sale securities and other (74) (12)     (86)     (74)       (12) (86)
Net gain reclassified from accumulated other comprehensive loss into earnings (1,103) (165)     (1,268)     (1,103)       (165) (1,268)
Other comprehensive income (loss) (1,108) (159)     (1,267)     (1,108)       (159) (1,267)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 4,602 (4,602)             4,602     (4,602)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (652,966)   (97,810) (750,776)
Distributions to other noncontrolling interest partners                       (1,066) (1,066)
Distributions, excluding distributions on preferred interests classified as temporary equity (652,131) (97,810) (835) (1,066) (751,842)                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties 493,465 73,919 835 422 568,641         494,300   74,341 568,641
Balance at Jun. 30, 2024           40,942 33 (166,904) 11,362,588 (6,155,936) (2,136,137) 453,428 3,398,014
Balance at Jun. 30, 2024 2,903,644 434,982 40,942 18,446 3,398,014                
Increase (Decrease) in Stockholders' Equity                          
Exchange of limited partner units                 490     (490)  
Series J preferred stock premium amortization     (82)   (82) (82)             (82)
Limited partner units exchanged to common units 490 (490)                      
Stock incentive program                 (29,741)   29,741    
Amortization of stock incentive 7,799       7,799       7,799       7,799
Long-term incentive performance units   5,668     5,668             5,668 5,668
Issuance of unit equivalents and other (8,776) 1   4,872 (3,903)         (8,776)   4,873 (3,903)
Unrealized gain (loss) on hedging activities (47,257) (7,040)     (54,297)     (47,257)       (7,040) (54,297)
Currency translation adjustments 7,116 830     7,946     7,116       830 7,946
Changes in available-for-sale securities and other 1,823 274     2,096     1,823       274 2,096
Net gain reclassified from accumulated other comprehensive loss into earnings (1,118) (171)     (1,289)     (1,118)       (171) (1,289)
Other comprehensive income (loss) (39,436) (6,107)     (45,543)     (39,436)       (6,107) (45,543)
Adjustment to limited partners' interest from change in ownership in the Operating Partnership 2,292 (2,292)             2,292     (2,292)  
Distributions to common stockholders and limited partners, excluding Operating Partnership preferred interests                   (669,732)   (100,162) (769,894)
Distributions to other noncontrolling interest partners                       (454) (454)
Distributions, excluding distributions on preferred interests classified as temporary equity (668,898) (100,162) (834) (454) (770,348)                
Net income, excluding attributable to preferred interests in the Operating Partnership and attributable to noncontrolling redeemable interests in properties 475,161 71,319 834 438 547,752         475,995   71,757 547,752
Balance at Sep. 30, 2024           $ 40,860 $ 33 $ (206,340) $ 11,343,428 $ (6,358,449) $ (2,106,396) $ 426,221 $ 3,139,357
Balance at Sep. 30, 2024 $ 2,672,276 $ 402,919 $ 40,860 $ 23,302 $ 3,139,357