DIRECT COMMERCIAL PROPERTY EXPENSE (Tables)

6 Months Ended

Jun. 30, 2022

Direct operating expense from investment property [abstract]

Disclosure of detailed information about direct commercial property expense

The components of direct commercial property expense are as follows:

	Three months ended Jun. 30,				Six months ended Jun. 30,
(US$ Millions)	2022		2021		2022		2021
Property maintenance	$	172	$	172	$	352	$	354
Real estate taxes	140		152		287		309
Employee compensation and benefits	37		40		73		78
Depreciation and amortization	6		18		15		38
Lease expense(1)	3		3		6		6
Other(2)	94		107		189		213
Total direct commercial property expense	$	452	$	492	$	922	$	998

(1)Represents the operating expenses relating to variable lease payments not included in the measurement of the lease liability.

(2)For the three and six months ended June 30, 2022, the partnership recorded a loss (recovery) allowance in commercial property operating expenses of $(4) million and $(4) million (2021 - $12 million and $25 million).