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EQUITY ACCOUNTED INVESTMENTS - Schedule of Revenues and Expenses of Joint Ventures and Associates (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Investments      
Revenue $ 7,100 $ 6,593 $ 8,203
Expenses 6,652 6,360 7,415
Share of net earnings from equity accounted investments 1,020 (749) 1,969
Net income (loss) 3,499 (2,058) 3,157
Other comprehensive income 1,004 414 323
Diplomat      
Investments      
Revenue     172
Expenses     181
Fair value gains (losses)     (6)
Share of net earnings from equity accounted investments     (13)
Net income (loss)     (15)
Other comprehensive income     0
Distributions received     73
BPREP      
Investments      
Revenue     0
Expenses     0
Fair value gains (losses)     0
Share of net earnings from equity accounted investments     0
Net income (loss)     0
Other comprehensive income     0
Distributions received     0
Other      
Investments      
Revenue 103 92 216
Expenses 174 186 251
Fair value gains (losses) (8) (39) (10)
Share of net earnings from equity accounted investments (50) (90) (11)
Net income (loss) (72) (135) (42)
Other comprehensive income 949 (939) 50
Distributions received 0 0 31
Associates      
Investments      
Revenue 103 92 388
Expenses 174 186 432
Fair value gains (losses) (8) (39) (16)
Share of net earnings from equity accounted investments (50) (90) (24)
Net income (loss) (72) (135) (57)
Other comprehensive income 949 (939) 50
Distributions received 0 0 104
Joint Ventures And Associates      
Investments      
Share of net earnings from equity accounted investments 1,020 (749) 1,969
Associates | Diplomat      
Investments      
Share of net earnings from equity accounted investments     0
Associates | BPREP      
Investments      
Share of net earnings from equity accounted investments     0
Associates | Other      
Investments      
Share of net earnings from equity accounted investments 7 (2) 3
Associates | Associates      
Investments      
Share of net earnings from equity accounted investments 7 (2) 3
Canary Wharf Joint Venture      
Investments      
Revenue 607 619 555
Expenses 453 377 320
Fair value gains (losses) 60 (713) 126
Share of net earnings from equity accounted investments 128 (226) 191
Net income (loss) 256 (452) 383
Other comprehensive income 2 (4) (11)
Distributions received 2 4 9
Canary Wharf Joint Venture | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 42 19 22
Manhattan West, New York      
Investments      
Revenue 350 259 201
Expenses 225 179 136
Fair value gains (losses) 101 379 155
Share of net earnings from equity accounted investments 127 257 123
Net income (loss) 226 459 220
Other comprehensive income 72 (75) (43)
Distributions received 48 221 42
Manhattan West, New York | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Ala Moana      
Investments      
Revenue 241 269 300
Expenses 154 158 149
Fair value gains (losses) 121 (279) 758
Share of net earnings from equity accounted investments 104 (84) 455
Net income (loss) 208 (168) 909
Other comprehensive income 0 0 0
Distributions received 3 9 48
Ala Moana | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPYU JV Pool A      
Investments      
Revenue 329 353 379
Expenses 220 230 214
Fair value gains (losses) 92 (543) 172
Share of net earnings from equity accounted investments 100 (210) 168
Net income (loss) 201 (420) 337
Other comprehensive income 0 0 0
Distributions received 0 0 6
BPYU JV Pool A | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPYU JV Pool B      
Investments      
Revenue 458 483 564
Expenses 347 356 350
Fair value gains (losses) (46) (601) (50)
Share of net earnings from equity accounted investments 35 (240) 116
Net income (loss) 69 (470) 229
Other comprehensive income 0 0 0
Distributions received 0 0 0
BPYU JV Pool B | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 4 4 65
Fashion Show, Las Vegas      
Investments      
Revenue 98 103 118
Expenses 54 56 57
Fair value gains (losses) 63 (46) (112)
Share of net earnings from equity accounted investments 53 0 (26)
Net income (loss) 107 1 (51)
Other comprehensive income 0 0 0
Distributions received 8 8 15
Fashion Show, Las Vegas | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Grace Building      
Investments      
Revenue 151 108 107
Expenses 86 95 84
Fair value gains (losses) 47 121 215
Share of net earnings from equity accounted investments 56 67 119
Net income (loss) 112 134 238
Other comprehensive income 0 0 0
Distributions received 27 123 0
Grace Building | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPYU JV Pool C      
Investments      
Revenue 138 145 158
Expenses 88 80 73
Fair value gains (losses) (13) (222) 7
Share of net earnings from equity accounted investments 19 (78) 46
Net income (loss) 37 (157) 92
Other comprehensive income 0 0 0
Distributions received 2 6 10
BPYU JV Pool C | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPYU JV Pool D      
Investments      
Revenue 80 71 0
Expenses 37 36 0
Fair value gains (losses) 121 (203) (49)
Share of net earnings from equity accounted investments 78 (72) 8
Net income (loss) 164 (151) 15
Other comprehensive income 0 0 0
Distributions received 1 3 5
BPYU JV Pool D | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 17 64
Southern Cross East      
Investments      
Revenue 47 40 42
Expenses 9 6 6
Fair value gains (losses) 125 6 110
Share of net earnings from equity accounted investments 81 20 73
Net income (loss) 163 40 146
Other comprehensive income 0 0 0
Distributions received 16 18 5
Southern Cross East | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
The Grand Canal Shoppes, Las Vegas      
Investments      
Revenue 93 92 138
Expenses 75 84 73
Fair value gains (losses) 61 (18) (44)
Share of net earnings from equity accounted investments 40 (5) 11
Net income (loss) 79 (10) 21
Other comprehensive income 0 0 0
Distributions received 0 0 21
The Grand Canal Shoppes, Las Vegas | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
One Liberty Plaza, New York      
Investments      
Revenue 131 149 134
Expenses 81 88 84
Fair value gains (losses) (21) (34) (25)
Share of net earnings from equity accounted investments 15 14 13
Net income (loss) 29 27 25
Other comprehensive income 29 (35) (33)
Distributions received 7 21 9
One Liberty Plaza, New York | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
680 George Street, Sydney      
Investments      
Revenue 38 36 36
Expenses 11 9 9
Fair value gains (losses) 75 3 47
Share of net earnings from equity accounted investments 51 15 37
Net income (loss) 102 30 74
Other comprehensive income 0 0 0
Distributions received 15 12 15
680 George Street, Sydney | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Brookfield Place Sydney      
Investments      
Revenue 27    
Expenses 13    
Fair value gains (losses) 53    
Share of net earnings from equity accounted investments 17    
Net income (loss) 67    
Other comprehensive income 0    
Distributions received 4    
Brookfield Place Sydney | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0    
The Mall in Columbia      
Investments      
Revenue 49 55 56
Expenses 28 33 29
Fair value gains (losses) 14 (58) 5
Share of net earnings from equity accounted investments 17 (18) 16
Net income (loss) 35 (36) 32
Other comprehensive income 0 0 0
Distributions received 0 0 0
The Mall in Columbia | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Shops at La Cantera, Texas      
Investments      
Revenue 0 11  
Expenses 17 24  
Fair value gains (losses) 43 (28)  
Share of net earnings from equity accounted investments 31 (5)  
Net income (loss) 62 (10)  
Other comprehensive income 0 0  
Distributions received 0 0  
Shops at La Cantera, Texas | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 36 31  
BPYU JV Pool G      
Investments      
Revenue 44 48 53
Expenses 33 33 32
Fair value gains (losses) 9 (27) 50
Share of net earnings from equity accounted investments 14 (8) 48
Net income (loss) 20 (12) 71
Other comprehensive income 0 0 0
Distributions received 0 0 0
BPYU JV Pool G | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Potsdamer Platz      
Investments      
Revenue 73 79  
Expenses 54 61  
Fair value gains (losses) 83 25  
Share of net earnings from equity accounted investments 25 11  
Net income (loss) 102 43  
Other comprehensive income 0 0  
Distributions received 0 0  
Potsdamer Platz | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0  
Baybrook Mall, Texas      
Investments      
Revenue 39 40 45
Expenses 25 26 26
Fair value gains (losses) 1 (134) 204
Share of net earnings from equity accounted investments 8 (61) 114
Net income (loss) 15 (120) 223
Other comprehensive income 0 0 0
Distributions received 0 0 0
Baybrook Mall, Texas | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Brazil Retail      
Investments      
Revenue 28 28 59
Expenses 16 12 54
Fair value gains (losses) 36 (22) 157
Share of net earnings from equity accounted investments 22 (3) 75
Net income (loss) 48 (6) 162
Other comprehensive income 0 0 0
Distributions received 9 5 39
Brazil Retail | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
D.C. Fund      
Investments      
Revenue 107 115 125
Expenses 76 80 82
Fair value gains (losses) (68) (89) (50)
Share of net earnings from equity accounted investments (19) (27) (4)
Net income (loss) (37) (54) (7)
Other comprehensive income 1 (1) 0
Distributions received 13 0 0
D.C. Fund | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
BPYU JV Pool F      
Investments      
Revenue 36 37 39
Expenses 20 7 17
Fair value gains (losses) 5 (64) 178
Share of net earnings from equity accounted investments 11 (18) 102
Net income (loss) 21 (34) 200
Other comprehensive income 0 0 0
Distributions received 0 0 0
BPYU JV Pool F | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Miami Design District      
Investments      
Revenue 84 65 72
Expenses 75 88 67
Fair value gains (losses) (36) (51) (234)
Share of net earnings from equity accounted investments (6) (16) (51)
Net income (loss) (27) (74) (229)
Other comprehensive income 0 0 0
Distributions received 0 0 0
Miami Design District | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 0 0 0
Other      
Investments      
Revenue 1,122 1,063 1,746
Expenses 1,118 832 1,217
Fair value gains (losses) 105 (7) 349
Share of net earnings from equity accounted investments 63 28 359
Net income (loss) 162 237 889
Other comprehensive income 271 8 (17)
Distributions received 17 188 142
Other | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments 53 13 11
Joint ventures      
Investments      
Revenue 4,370 4,268 4,927
Expenses 3,315 2,950 3,079
Fair value gains (losses) 1,031 (2,605) 1,969
Share of net earnings from equity accounted investments 1,070 (659) 1,993
Net income (loss) 2,221 (1,203) 3,979
Other comprehensive income 375 (107) (104)
Distributions received 172 618 366
Joint ventures | Joint Ventures And Associates      
Investments      
Revenue 4,473 4,360 5,315
Expenses 3,489 3,136 3,511
Fair value gains (losses) 1,023 (2,644) 1,953
Share of net earnings from equity accounted investments 142 82 165
Net income (loss) 2,149 (1,338) 3,922
Other comprehensive income 1,324 (1,046) (54)
Distributions received 172 618 470
Joint ventures | Joint ventures where entity is venturer      
Investments      
Share of net earnings from equity accounted investments $ 135 $ 84 $ 162