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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Profit or loss [abstract]      
Commercial property revenue $ 5,397 $ 5,691 $ 5,043
Hospitality revenue 702 1,909 1,913
Investment and other revenue 494 603 283
Total revenue 6,593 8,203 7,239
Direct commercial property expense 1,936 1,967 1,851
Direct hospitality expense 628 1,219 1,236
Investment and other expense 69 82 26
Interest expense 2,592 2,924 2,464
Depreciation and amortization 319 341 308
General and administrative expense 816 882 1,032
Total expenses 6,360 7,415 6,917
Total fair value (losses) gains, net (1,322) 596 2,466
Share of net earnings from equity accounted investments (749) 1,969 947
(Loss) income before income taxes (1,838) 3,353 3,735
Income tax expense 220 196 81
Net (loss) income (2,058) 3,157 3,654
Net (loss) income attributable to:      
Limited partners (1,098) 884 764
General partner 0 0 0
Non-controlling interests attributable to:      
Redeemable/exchangeable and special limited partnership units (1,119) 896 1,085
Limited partnership units of Brookfield Office Properties Exchange LP (7) 6 17
FV LTIP units of the Operating Partnership (4) 1 0
Class A shares of Brookfield Property REIT Inc. (130) 169 112
Interests of others in operating subsidiaries and properties $ 300 $ 1,201 $ 1,676
Net (loss) income per LP Unit:      
Basic (in dollars per share) $ (2.39) $ 1.89 $ 2.28
Diluted (in dollars per share) $ (2.39) $ 1.89 $ 2.26