XML 124 R111.htm IDEA: XBRL DOCUMENT v3.22.0.1
CAPITAL SECURITIES - Narrative (Details)
$ / shares in Units, $ in Millions, $ in Millions
12 Months Ended
Dec. 30, 2021
Dec. 04, 2014
USD ($)
tranche
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2021
CAD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2020
CAD ($)
Disclosure of classes of share capital [line items]            
Number of tranches of preferred equity | tranche   3        
Average dividend yield   6.50%        
Preferred stock, redemption price per share (in dollars per share) | $ / shares   $ 25.70        
Total capital securities     $ 3,085   $ 3,033  
Dividend payments, interval term     6 months      
Redemption amount     $ 38 $ 49 38 $ 49
Brookfield DTLA Holdings LLC            
Disclosure of classes of share capital [line items]            
Total capital securities     810   807  
Preferred Equity Tranche One            
Disclosure of classes of share capital [line items]            
Preferred equity   $ 600        
Maturity term 7 years 7 years        
Preferred Equity, Tranche Two            
Disclosure of classes of share capital [line items]            
Preferred equity   $ 600        
Maturity term   10 years        
Preferred Equity, Tranche Three            
Disclosure of classes of share capital [line items]            
Preferred equity   $ 600        
Maturity term   12 years        
Preferred equity            
Disclosure of classes of share capital [line items]            
Preferred equity     699   699  
Preferred equity | BSREP II RH B LLC            
Disclosure of classes of share capital [line items]            
Total capital securities     $ 0   249  
Annual return payable in monthly distributions     9.00%      
Preferred equity | BSREP II Vintage Estate Partners LLC (“Vintage Estates”) Preferred Shares            
Disclosure of classes of share capital [line items]            
Total capital securities     $ 0   40  
Series A Preferred Shares | Rouse Series A Preferred Shares            
Disclosure of classes of share capital [line items]            
Total capital securities     142   142  
Capital securities | D.C. Fund            
Disclosure of classes of share capital [line items]            
Total capital securities     49   56  
Limited Partner Units | FV LTIP units of the Operating Partnership            
Disclosure of classes of share capital [line items]            
Total capital securities     $ 474   $ 0  
Liquidation preference (in dollars per share) | $ / shares     $ 25.00