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FAIR VALUE GAINS (LOSSES), NET (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property $ 1,962 $ (1,388)  
Incentive fees (24) (16) $ (104)
Financial instruments and other 583 82 (158)
Total fair value (losses) gains, net 2,521 (1,322) 596
Losses on change In fair value of and right-of-use investment properties (5) (16)  
Commercial properties      
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property 1,791 (1,607) 301
Commercial developments      
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property 171 219 $ 557
Atlantis      
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property $ 62 62  
Self Storage Portfolio      
Disclosure of Fair Value [Line Items]      
Gains (losses) on fair value adjustment, investment property   $ 141