v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS:    
Investment properties, at cost $ 50,936,227 $ 50,946,067
Less - accumulated depreciation 20,988,491 20,701,510
Investment properties, at cost, net 29,947,736 30,244,557
Cash and cash equivalents 542,955 823,147
Tenant receivables and accrued revenue, net 880,807 934,077
Right-of-use assets, net 738,033 755,934
Deferred costs and other assets 1,969,923 1,981,035
Total assets 39,639,081 40,606,466
LIABILITIES:    
Mortgages and unsecured indebtedness 28,247,682 28,430,175
Accounts payable, accrued expenses, intangibles, and deferred revenues 1,701,757 1,954,402
Cash distributions and losses in unconsolidated entities, at equity 1,791,354 1,739,418
Dividend payable 1,462 2,723
Lease liabilities 734,567 756,539
Other liabilities 825,477 1,017,816
Total liabilities 33,302,299 33,901,073
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests 264,251 233,306
Capital stock (850,000,000 total shares authorized, $0.0001 par value, 238,000,000 shares of excess common stock, 100,000,000 authorized shares of preferred stock):    
Series J 83/8% cumulative redeemable preferred stock, 1,000,000 shares authorized, 796,948 issued and outstanding with a liquidation value of $39,847 40,369 40,451
Capital in excess of par value 12,411,236 12,347,192
Accumulated deficit (4,875,676) (4,608,136)
Accumulated other comprehensive loss (227,770) (251,361)
Common stock held in treasury, at cost, 18,778,775 and 17,844,817 shares, respectively (2,489,435) (2,319,911)
Total stockholders' equity 4,858,757 5,208,268
Partners' Equity    
Noncontrolling interests 1,213,774 1,263,819
Total equity 6,072,531 6,472,087
Total liabilities and equity 39,639,081 40,606,466
Other unconsolidated entities    
ASSETS:    
Investment, at equity 4,196,012 4,362,339
Klepierre    
ASSETS:    
Investment, at equity 1,363,615 1,505,377
Simon Property Group, L.P.    
ASSETS:    
Investment properties, at cost 50,936,227 50,946,067
Less - accumulated depreciation 20,988,491 20,701,510
Investment properties, at cost, net 29,947,736 30,244,557
Cash and cash equivalents 542,955 823,147
Tenant receivables and accrued revenue, net 880,807 934,077
Right-of-use assets, net 738,033 755,934
Deferred costs and other assets 1,969,923 1,981,035
Total assets 39,639,081 40,606,466
LIABILITIES:    
Mortgages and unsecured indebtedness 28,247,682 28,430,175
Accounts payable, accrued expenses, intangibles, and deferred revenues 1,701,757 1,954,402
Cash distributions and losses in unconsolidated entities, at equity 1,791,354 1,739,418
Dividend payable 1,462 2,723
Lease liabilities 734,567 756,539
Other liabilities 825,477 1,017,816
Total liabilities 33,302,299 33,901,073
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests 264,251 233,306
Partners' Equity    
Preferred units, 796,948 units outstanding. Liquidation value of $39,847 40,369 40,451
General Partner, 324,289,912 and 325,223,870 units outstanding, respectively 4,818,388 5,167,817
Limited Partners, 56,063,958 and 55,689,714 units outstanding, respectively 833,015 884,913
Total partners' equity 5,691,772 6,093,181
Nonredeemable noncontrolling interests in properties, net 380,759 378,906
Total equity 6,072,531 6,472,087
Total liabilities and equity 39,639,081 40,606,466
Simon Property Group, L.P. | Other unconsolidated entities    
ASSETS:    
Investment, at equity 4,196,012 4,362,339
Simon Property Group, L.P. | Klepierre    
ASSETS:    
Investment, at equity 1,363,615 1,505,377
Common stock    
Capital stock (850,000,000 total shares authorized, $0.0001 par value, 238,000,000 shares of excess common stock, 100,000,000 authorized shares of preferred stock):    
Common stock, $0.0001 par value, 511,990,000 shares authorized, 343,060,687 and 343,060,687 issued and outstanding, respectively $ 33 $ 33