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COMMERCIAL PROPERTY REVENUE (Tables)
 12 Months Ended
Dec. 31, 2021
Revenue [abstract]  
Disclosure of components of commercial property revenue
The components of commercial property revenue are as follows:
 
(US$ Millions) Years ended Dec. 31,202120202019
Base rent$3,462 $3,613 $3,814 
Straight-line rent25 133 115 
Lease termination68 27 44 
Other lease income(1)
662 627 612 
Other revenue from tenants(2)
946 997 1,106 
Total commercial property revenue$5,163 $5,397 $5,691 
(1)Other lease income includes parking revenue and recovery of property tax and insurance expense from tenants.
(2)Consists of recovery of certain operating expenses and other revenue from tenants which are accounted for in accordance with IFRS 15.
Disclosure of maturity analysis of operating lease payments Minimum rental commitments under non-cancellable tenant operating leases are as follows:
 
(US$ Millions)Dec. 31, 2021Dec. 31, 2020
Less than 1 year$2,776 $3,332 
1-5 years9,029 10,800 
More than 5 years8,522 11,216 
Total$20,327 $25,348