v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS:    
Investment properties, at cost $ 51,263,154 $ 50,946,067
Less - accumulated depreciation 21,829,576 20,701,510
Investment properties, at cost, net 29,433,578 30,244,557
Cash and cash equivalents 569,941 823,147
Tenant receivables and accrued revenue, net 899,587 934,077
Right-of-use assets, net 725,194 755,934
Deferred costs and other assets 2,131,594 1,981,035
Total assets 39,075,130 40,606,466
LIABILITIES:    
Mortgages and unsecured indebtedness 28,423,903 28,430,175
Accounts payable, accrued expenses, intangibles, and deferred revenues 1,985,380 1,954,402
Cash distributions and losses in unconsolidated entities, at equity 1,789,559 1,739,418
Dividend payable 1,578 2,723
Lease liabilities 724,961 756,539
Other liabilities 740,980 1,017,816
Total liabilities 33,666,361 33,901,073
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests 268,936 233,306
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 40,205 40,451
Capital in excess of par value 12,445,260 12,347,192
Accumulated deficit (5,352,962) (4,608,136)
Accumulated other comprehensive loss (168,039) (251,361)
Common stock held in treasury, at cost, 20,667,736 and 17,844,817 shares, respectively (2,879,347) (2,319,911)
Total stockholders' equity 4,085,150 5,208,268
Partners' Equity    
Noncontrolling interests 1,054,683 1,263,819
Total equity 5,139,833 6,472,087
Total liabilities and equity 39,075,130 40,606,466
Other unconsolidated entities    
ASSETS:    
Investment, at equity 3,980,094 4,362,339
Klepierre    
ASSETS:    
Investment, at equity 1,335,142 1,505,377
Simon Property Group, L.P.    
ASSETS:    
Investment properties, at cost 51,263,154 50,946,067
Less - accumulated depreciation 21,829,576 20,701,510
Investment properties, at cost, net 29,433,578 30,244,557
Cash and cash equivalents 569,941 823,147
Tenant receivables and accrued revenue, net 899,587 934,077
Right-of-use assets, net 725,194 755,934
Deferred costs and other assets 2,131,594 1,981,035
Total assets 39,075,130 40,606,466
LIABILITIES:    
Mortgages and unsecured indebtedness 28,423,903 28,430,175
Accounts payable, accrued expenses, intangibles, and deferred revenues 1,985,380 1,954,402
Cash distributions and losses in unconsolidated entities, at equity 1,789,559 1,739,418
Dividend payable 1,578 2,723
Lease liabilities 724,961 756,539
Other liabilities 740,980 1,017,816
Total liabilities 33,666,361 33,901,073
Commitments and contingencies
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests 268,936 233,306
Partners' Equity    
Preferred units, 796,948 units outstanding. Liquidation value of $39,847 40,205 40,451
General Partner, 322,470,211 and 325,223,870 units outstanding, respectively 4,044,945 5,167,817
Limited Partners, 55,755,703 and 55,689,714 units outstanding, respectively 699,380 884,913
Total partners' equity 4,784,530 6,093,181
Nonredeemable noncontrolling interests in properties, net 355,303 378,906
Total equity 5,139,833 6,472,087
Total liabilities and equity 39,075,130 40,606,466
Simon Property Group, L.P. | Other unconsolidated entities    
ASSETS:    
Investment, at equity 3,980,094 4,362,339
Simon Property Group, L.P. | Klepierre    
ASSETS:    
Investment, at equity 1,335,142 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, 343,129,947 and 343,060,687 issued and outstanding, respectively $ 33 $ 33