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EQUITY ACCOUNTED INVESTMENTS - Schedule of Revenues and Expenses of Joint Ventures and Associates (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Investments      
Revenue $ 8,203 $ 7,239 $ 6,135
Expenses 7,415 6,917 5,690
Share of net earnings from equity accounted investments 1,969 947 961
Net income 3,157 3,654 2,468
Other comprehensive income 323 (416) 880
GGP      
Investments      
Revenue   1,536 2,405
Expenses   1,221 1,207
Fair value gains (losses)   (1,598) (2,307)
Share of net earnings from equity accounted investments   (274) 179
Net income   (1,012) (591)
Other comprehensive income   (15) 12
Distributions received   214 240
Bargain purchase gain     442
China Xintiandi (“CXTD”)      
Investments      
Revenue   142 128
Expenses   60 145
Fair value gains (losses)   18 121
Share of net earnings from equity accounted investments   21 23
Net income   97 104
Other comprehensive income   0 0
Distributions received   10 0
Diplomat Resort and Spa (“Diplomat”)      
Investments      
Revenue 172 174 151
Expenses 181 175 166
Fair value gains (losses) (6) 0 0
Share of net earnings from equity accounted investments (13) (1) (14)
Net income (15) (1) (15)
Other comprehensive income 0 77 43
Distributions received 73 18 6
Brookfield Premier Real Estate Partners Pooling LLC      
Investments      
Revenue 0 60 40
Expenses 0 (10) 27
Fair value gains (losses) 0 1 31
Share of net earnings from equity accounted investments 0 9 12
Net income 0 71 115
Other comprehensive income 0 0 0
Distributions received 0 4 3
Other      
Investments      
Revenue 216 263 253
Expenses 251 261 183
Fair value gains (losses) (10) 71 147
Share of net earnings from equity accounted investments (11) 22 65
Net income (42) 74 217
Other comprehensive income 50 76 61
Distributions received 31 26 27
Associates      
Investments      
Revenue 388 2,175 2,977
Expenses 432 1,707 1,728
Fair value gains (losses) (16) (1,508) (2,008)
Share of net earnings from equity accounted investments (24) (223) 265
Net income (57) (771) (170)
Other comprehensive income 50 138 116
Distributions received 104 272 276
Joint Ventures And Associates      
Investments      
Share of net earnings from equity accounted investments 165 280 614
Associates | GGP      
Investments      
Share of net earnings from equity accounted investments   271 518
Associates | China Xintiandi (“CXTD”)      
Investments      
Share of net earnings from equity accounted investments   (3) 0
Associates | Diplomat Resort and Spa (“Diplomat”)      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Associates | Brookfield Premier Real Estate Partners Pooling LLC      
Investments      
Share of net earnings from equity accounted investments 0 0 71
Associates | Other      
Investments      
Share of net earnings from equity accounted investments 3 1 0
Associates | Associates      
Investments      
Share of net earnings from equity accounted investments 3 269 589
Canary Wharf Joint Venture      
Investments      
Revenue 555 547 581
Expenses 320 125 370
Fair value gains (losses) 126 (72) (49)
Share of net earnings from equity accounted investments 191 175 91
Net income 383 349 183
Other comprehensive income (11) 8 5
Distributions received 9 0 0
Canary Wharf Joint Venture | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 22 (1) 21
Ala Moana      
Investments      
Revenue 300 78  
Expenses 149 38  
Fair value gains (losses) 758 (6)  
Share of net earnings from equity accounted investments 455 17  
Net income 909 34  
Other comprehensive income 0 0  
Distributions received 48 8  
Ala Moana | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
Manhattan West, New York      
Investments      
Revenue 201 123 81
Expenses 136 104 70
Fair value gains (losses) 155 423 308
Share of net earnings from equity accounted investments 123 248 179
Net income 220 442 319
Other comprehensive income (43) (15) 0
Distributions received 42 0 1
Manhattan West, New York | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPR JV Pool A      
Investments      
Revenue 379 162  
Expenses 214 77  
Fair value gains (losses) 172 (5)  
Share of net earnings from equity accounted investments 168 41  
Net income 337 80  
Other comprehensive income 0 0  
Distributions received 6 0  
BPR JV Pool A | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
BPR JV Pool B      
Investments      
Revenue 564 208  
Expenses 350 112  
Fair value gains (losses) (50) (7)  
Share of net earnings from equity accounted investments 116 49  
Net income 229 97  
Other comprehensive income 0 0  
Distributions received 0 1  
BPR JV Pool B | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 65 8  
Forest City      
Investments      
Revenue   48  
Expenses   35  
Fair value gains (losses)   0  
Share of net earnings from equity accounted investments   8  
Net income   13  
Other comprehensive income   0  
Distributions received   0  
Forest City | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments   0  
Fashion Show, Las Vegas      
Investments      
Revenue 118 32  
Expenses 57 13  
Fair value gains (losses) (112) (2)  
Share of net earnings from equity accounted investments (26) 8  
Net income (51) 17  
Other comprehensive income 0 0  
Distributions received 15 3  
Fashion Show, Las Vegas | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
BPR JV Pool C      
Investments      
Revenue 158 52  
Expenses 73 23  
Fair value gains (losses) 7 (1)  
Share of net earnings from equity accounted investments 46 14  
Net income 92 28  
Other comprehensive income 0 0  
Distributions received 10 6  
BPR JV Pool C | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
Grace Building, New York      
Investments      
Revenue 107 125 120
Expenses 84 83 80
Fair value gains (losses) 215 (34) (23)
Share of net earnings from equity accounted investments 119 4 9
Net income 238 8 17
Other comprehensive income 0 0 0
Distributions received 0 8 7
Grace Building, New York | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPR JV Pool D      
Investments      
Revenue 0 0  
Expenses 0 0  
Fair value gains (losses) (49) 0  
Share of net earnings from equity accounted investments 8 12  
Net income 15 26  
Other comprehensive income 0 0  
Distributions received 5 2  
BPR JV Pool D | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 64 26  
BPR JV Pool E      
Investments      
Revenue   49  
Expenses   15  
Fair value gains (losses)   (2)  
Share of net earnings from equity accounted investments   11  
Net income   32  
Other comprehensive income   0  
Distributions received   3  
BPR JV Pool E | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments   0  
Southern Cross East      
Investments      
Revenue 42 45 46
Expenses 6 7 7
Fair value gains (losses) 110 38 21
Share of net earnings from equity accounted investments 73 38 30
Net income 146 76 60
Other comprehensive income 0 0 0
Distributions received 5 0 0
Southern Cross East | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
The Grand Canal Shoppes, Las Vegas      
Investments      
Revenue 138 30  
Expenses 73 18  
Fair value gains (losses) (44) (1)  
Share of net earnings from equity accounted investments 11 5  
Net income 21 11  
Other comprehensive income 0 0  
Distributions received 21 2  
The Grand Canal Shoppes, Las Vegas | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
One Liberty Plaza, New York      
Investments      
Revenue 134 114 3
Expenses 84 84 2
Fair value gains (losses) (25) 9 103
Share of net earnings from equity accounted investments 13 21 53
Net income 25 39 104
Other comprehensive income (33) (10) (7)
Distributions received 9 9 0
One Liberty Plaza, New York | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
680 George Street      
Investments      
Revenue 36 34 34
Expenses 9 9 9
Fair value gains (losses) 47 136 17
Share of net earnings from equity accounted investments 37 56 21
Net income 74 161 42
Other comprehensive income 0 0 0
Distributions received 15 18 0
680 George Street | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Brazil Retail      
Investments      
Revenue 59 61 48
Expenses 54 30 29
Fair value gains (losses) 157 59 31
Share of net earnings from equity accounted investments 75 41 23
Net income 162 90 50
Other comprehensive income 0 0 0
Distributions received 39 20 11
Brazil Retail | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Baybrook Mall      
Investments      
Revenue 45    
Expenses 26    
Fair value gains (losses) 204    
Share of net earnings from equity accounted investments 114    
Net income 223    
Other comprehensive income 0    
Distributions received 0    
Baybrook Mall | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0    
D.C. Fund      
Investments      
Revenue 125 131 129
Expenses 82 81 76
Fair value gains (losses) (50) (45) (54)
Share of net earnings from equity accounted investments (4) 2 (1)
Net income (7) 5 (1)
Other comprehensive income 0 0 0
Distributions received 0 22 23
D.C. Fund | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
The Mall in Columbia      
Investments      
Revenue 56 19  
Expenses 29 9  
Fair value gains (losses) 5 (1)  
Share of net earnings from equity accounted investments 16 5  
Net income 32 9  
Other comprehensive income 0 0  
Distributions received 0 0  
The Mall in Columbia | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
BPR JV Pool F      
Investments      
Revenue 39    
Expenses 17    
Fair value gains (losses) 178    
Share of net earnings from equity accounted investments 102    
Net income 200    
Other comprehensive income 0    
Distributions received 0    
BPR JV Pool F | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0    
BPR JV Pool G      
Investments      
Revenue 53    
Expenses 32    
Fair value gains (losses) 50    
Share of net earnings from equity accounted investments 48    
Net income 71    
Other comprehensive income 0    
Distributions received 0    
BPR JV Pool G | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0    
Miami Design District      
Investments      
Revenue 72 24  
Expenses 67 24  
Fair value gains (losses) (234) (1)  
Share of net earnings from equity accounted investments (51) 0  
Net income (229) (1)  
Other comprehensive income 0 0  
Distributions received 0 0  
Miami Design District | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
Shops at Merrick Park, Florida      
Investments      
Revenue   17  
Expenses   6  
Fair value gains (losses)   0  
Share of net earnings from equity accounted investments   6  
Net income   11  
Other comprehensive income   0  
Distributions received   1  
Shops at Merrick Park, Florida | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments   0  
VAMF II      
Investments      
Revenue     154
Expenses     116
Fair value gains (losses)     117
Share of net earnings from equity accounted investments     59
Net income     159
Other comprehensive income     0
Distributions received     0
VAMF II | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     4
Principal Place - Commercial      
Investments      
Revenue     28
Expenses     61
Fair value gains (losses)     132
Share of net earnings from equity accounted investments     49
Net income     99
Other comprehensive income     0
Distributions received     0
Principal Place - Commercial | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     0
Potsdamer Platz      
Investments      
Revenue     96
Expenses     95
Fair value gains (losses)     108
Share of net earnings from equity accounted investments     27
Net income     109
Other comprehensive income     0
Distributions received     0
Potsdamer Platz | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     0
One New York Plaza      
Investments      
Revenue     121
Expenses     78
Fair value gains (losses)     (4)
Share of net earnings from equity accounted investments     6
Net income     39
Other comprehensive income     7
Distributions received     1
One New York Plaza | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     0
Republic Plaza      
Investments      
Revenue     46
Expenses     30
Fair value gains (losses)     (33)
Share of net earnings from equity accounted investments     (9)
Net income     (17)
Other comprehensive income     0
Distributions received     0
Republic Plaza | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     0
75 State Street      
Investments      
Revenue     49
Expenses     30
Fair value gains (losses)     6
Share of net earnings from equity accounted investments     6
Net income     25
Other comprehensive income     0
Distributions received     2
75 State Street | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     0
245 Park Avenue      
Investments      
Revenue     54
Expenses     31
Fair value gains (losses)     (24)
Share of net earnings from equity accounted investments     0
Net income     (1)
Other comprehensive income     0
Distributions received     10
245 Park Avenue | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments     0
Other      
Investments      
Revenue 1,746 1,290 259
Expenses 1,217 897 111
Fair value gains (losses) 349 696 148
Share of net earnings from equity accounted investments 359 409 153
Net income 889 1,067 296
Other comprehensive income (17) (19) 16
Distributions received 142 143 38
Other | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 11 (22) 0
Joint ventures      
Investments      
Revenue 4,927 3,189 1,849
Expenses 3,079 1,790 1,195
Fair value gains (losses) 1,969 1,184 804
Share of net earnings from equity accounted investments 1,993 1,170 696
Net income 3,979 2,594 1,483
Other comprehensive income (104) (36) 21
Distributions received 366 246 93
Joint ventures | Associates      
Investments      
Revenue 5,315 5,364 4,826
Expenses 3,511 3,497 2,923
Fair value gains (losses) 1,953 (324) (1,204)
Share of net earnings from equity accounted investments 1,969 947 961
Net income 3,922 1,823 1,313
Other comprehensive income (54) 102 137
Distributions received 470 518 369
Joint ventures | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments $ 162 $ 11 $ 25