v3.26.1
Investment in Unconsolidated Entities and International Investments - Combined Balance Sheets (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
ASSETS:    
Investment properties, at cost $ 51,094,995 $ 50,946,067
Less - accumulated depreciation 21,382,543 20,701,510
Investment properties, at cost, net 29,712,452 30,244,557
Cash and cash equivalents 1,019,091 823,147
Tenant receivables and accrued revenue, net 884,241 934,077
Right-of-use assets, net 731,200 755,934
Deferred costs and other assets 1,972,484 1,981,035
Total assets 39,709,266 40,606,466
Liabilities and Partners' Deficit:    
Mortgages 28,699,607 28,430,175
Accounts payable, accrued expenses, intangibles, and deferred revenues 1,806,922 1,954,402
Lease liabilities 727,902 756,539
Other liabilities 818,183 1,017,816
Total liabilities 33,862,739 33,901,073
Preferred units 271,827 233,306
Total liabilities and equity 39,709,266 40,606,466
Unconsolidated properties | Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments    
Our Share of:    
Partners' deficit (1,805,176) (1,247,554)
Add: Excess Investment 3,055,376 2,773,173
Our net Investment in unconsolidated entities, at equity 1,250,200 1,525,619
Unconsolidated properties | Equity Method Investees excluding Klepierre, TRG before acquisition and other platform investments    
ASSETS:    
Investment properties, at cost 21,519,924 22,077,749
Less - accumulated depreciation 10,083,799 9,020,481
Investment properties, at cost, net 11,436,125 13,057,268
Cash and cash equivalents 1,511,847 1,264,619
Tenant receivables and accrued revenue, net 599,064 605,756
Right-of-use assets, net 111,163 108,349
Deferred costs and other assets 645,256 572,826
Total assets 14,303,455 15,608,818
Liabilities and Partners' Deficit:    
Mortgages 16,605,493 16,374,773
Accounts payable, accrued expenses, intangibles, and deferred revenues 1,149,481 1,117,855
Lease liabilities 112,971 99,837
Other liabilities 377,817 334,246
Total liabilities 18,245,762 17,926,711
Preferred units 67,450 67,450
Partners' deficit (4,009,757) (2,385,343)
Total liabilities and equity $ 14,303,455 $ 15,608,818
Unconsolidated properties | Maximum    
Our Share of:    
Estimated life of investment property 40 years