DIRECT COMMERCIAL PROPERTY EXPENSE (Tables)

12 Months Ended

Dec. 31, 2019

Direct operating expense from investment property [abstract]

Disclosure of detailed information about direct commercial property expense

The components of direct commercial property expense are as follows:

(US$ Millions) Years ended Dec. 31,	2019		2018		2017
Property maintenance	$	749	$	773	$	709
Real estate taxes	619		528		472
Employee compensation and benefits	170		196		148
Ground rents(1)	—		59		56
Lease expense(2)	16		—		—
Other	413		295		232
Total direct commercial property expense	$	1,967	$	1,851	$	1,617

⁽¹⁾  The partnership adopted IFRS 16 in 2019 using the modified retrospective method. The comparative information has not been restated and is reported under the accounting standards effective for those periods.

⁽²⁾  For the year ended December 31, 2019, operating expenses relating to variable lease payments not included in the measurement of the lease liability was $16 million.