SIMON PROPERTY GROUP, INC. SPG Balance Sheet

Simon property group, inc. (SPG)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
ASSETS:
Investment properties, at cost
37,901	37,804	37,590	37,458	37,193	37,092	36,943	36,429	36,383	36,393	35,925	35,695	35,309	35,226	35,154	34,332	34,192	33,463	33,208	32,898	32,537	31,318	31,022	30,951	35,598	30,336	34,764	34,636	34,386	34,252	34,366	34,063	33,923	29,657	28,761	27,496	27,522	27,508	27,432	25,296	25,111	25,336	25,405	25,327	25,205
Less - accumulated depreciation
14,088	13,905	13,707	13,444	13,119	12,884	12,638	12,354	12,074	11,935	11,665	11,378	11,079	10,865	10,622	10,344	10,109	9,915	9,664	9,409	9,146	8,950	8,728	8,568	10,309	8,092	9,804	9,544	9,297	9,068	9,101	8,827	8,587	8,388	8,239	8,097	7,870	7,711	7,468	7,243	7,026	7,004	6,837	6,604	6,184
Investment properties, at cost, net
23,812	23,898	23,882	24,014	24,073	24,208	24,304	24,074	24,308	24,457	24,259	24,317	24,229	24,360	24,531	23,988	24,083	23,547	23,543	23,489	23,391	22,367	22,293	22,382	25,288	22,243	24,960	25,091	25,088	25,184	25,265	25,236	25,335	21,268	20,521	19,398	19,651	19,797	19,964	18,053	18,085	18,331	18,567	18,723	19,021
Cash and cash equivalents
3,724	669	3,647	479	436	514	695	714	367	1,482	508	488	513	560	814	884	805	701	856	565	833	612	817	1,665	1,013	1,691	1,099	1,095	829	1,184	452	638	880	798	575	789	636	796	1,011	2,293	3,326	3,957	3,745	2,628	773
Tenant receivables and accrued revenue, net
793	832	775	736	733	763	722	681	686	742	686	640	621	664	626	600	573	624	564	537	523	580	516	487	530	520	529	491	454	521	456	423	417	486	413	381	372	426	383	343	355	402	352	343	414
Investment in unconsolidated entities, at equity
2,414	2,371	2,121	2,141	-	2,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in Klepierre, at equity
1,628	1,731	1,614	1,718	2,197	1,769	2,281	2,302	2,268	2,266	2,331	2,321	2,374	2,367	2,439	2,690	2,442	2,481	2,480	2,353	2,158	2,378	2,458	2,523	2,347	2,429	1,991	1,958	2,001	2,108	2,013	2,000	1,930	1,378	1,461	1,345	1,379	1,390	1,412	1,404	1,418	1,468	1,507	1,552	1,663
Right-of-use assets, net
519	514	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in Klepierre, at equity
-	-	-	-	1,676	-	1,776	1,772	2,011	1,934	1,907	1,830	1,821	1,797	1,897	1,878	2,026	1,943	2,008	2,010	1,723	1,786	1,868	2,002	2,010	2,014	1,971	1,903	1,991	2,016	1,945	1,942	2,054	-	-	-	-	-	-	-	-	-	-	-	-
Deferred costs and other assets
1,227	1,214	1,803	1,641	1,723	1,210	1,298	1,297	1,374	1,373	1,338	1,368	1,384	1,353	1,359	1,336	1,467	1,266	1,394	1,333	1,851	1,806	1,716	1,523	1,564	1,422	1,558	1,474	1,520	1,570	1,844	1,745	1,798	1,633	1,951	1,967	1,879	1,795	1,366	1,168	1,159	1,155	1,166	1,176	1,028
Total assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,002	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes receivable from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	651	651	651	651	651	651	661	632	632	636	586	520
Total assets
34,121	31,231	33,844	30,732	30,841	30,686	31,079	30,843	31,017	32,257	31,032	30,965	30,946	31,103	31,668	31,379	31,398	30,565	30,848	30,290	30,482	29,532	29,672	30,586	32,755	33,324	32,111	32,015	31,886	32,586	31,977	31,986	32,417	26,216	25,575	24,534	24,569	24,857	24,788	23,924	24,977	25,948	25,976	25,010	23,422
LIABILITIES:
Mortgages and unsecured indebtedness
27,553	24,163	26,643	23,324	23,185	23,305	23,678	23,505	23,647	24,632	23,410	23,422	23,149	22,977	23,078	22,923	22,975	22,416	22,629	22,070	21,694	20,852	21,202	21,901	23,186	22,669	22,729	22,687	22,572	23,113	22,569	22,466	22,800	18,446	17,902	17,013	17,171	17,473	17,485	17,071	17,883	18,630	18,669	17,936	18,042
Accounts payable, accrued expenses, intangibles, and deferred revenues
1,253	1,390	1,324	1,227	1,157	1,316	1,268	1,230	1,180	1,269	1,290	1,205	1,081	1,214	1,240	1,209	1,167	1,323	1,307	1,215	1,122	1,259	1,150	1,147	1,259	1,223	1,328	1,273	1,231	1,374	1,204	1,168	1,127	1,091	1,151	1,049	1,014	993	984	920	952	987	1,050	984	1,086
Cash distributions and losses in unconsolidated entities, at equity
1,611	1,566	1,568	1,567	1,559	1,536	1,534	1,531	1,421	1,406	1,388	1,370	1,360	1,359	1,369	1,402	1,371	1,368	1,364	1,344	1,372	1,167	1,166	1,116	1,139	1,050	842	836	825	724	728	730	710	695	575	606	514	485	411	346	469	457	443	413	380
Lease liabilities
521	516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
457	464	1,001	1,017	1,012	500	503	499	532	520	514	492	459	455	493	369	365	214	193	248	295	275	259	280	198	250	227	231	246	303	300	226	222	170	262	205	217	184	214	178	182	159	182	178	155
Total liabilities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,117	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
31,397	28,101	30,537	27,137	26,915	26,659	26,984	26,766	26,782	27,828	26,603	26,490	26,050	26,005	26,182	25,904	25,880	25,323	25,495	24,878	24,484	23,555	23,779	24,445	25,783	26,311	25,127	25,028	24,875	25,515	24,802	24,592	24,861	20,404	19,891	18,874	18,918	19,138	19,094	18,516	19,487	20,234	20,345	19,513	19,664
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests in properties
212	219	226	231	225	230	197	198	201	190	186	184	166	137	159	157	155	25	25	25	25	25	25	25	107	190	179	180	187	178	354	263	262	267	171	90	90	85	85	82	123	125	150	191	276
EQUITY:
Series I 6% convertible perpetual preferred stock, 19,000,000 shares authorized, 0 and 8,091,155 issued and outstanding, respectively, at liquidation value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	224	404	380	379	379
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
42	42	42	42	42	42	-	42	42	43	43	43	43	43	43	43	43	43	43	43	43	44	44	44	44	44	44	44	44	44	44	44	44	45	45	45	45	45	45	45	45	45	45	45	46
Common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Capital in excess of par value
9,768	9,756	9,748	9,723	9,706	9,700	9,736	9,657	9,647	9,614	9,597	9,587	9,558	9,523	9,478	9,465	9,391	9,384	9,370	9,357	9,437	9,422	9,406	9,406	9,288	9,217	9,197	9,184	9,182	9,175	9,054	9,091	9,093	8,103	8,071	8,060	8,055	8,059	8,051	7,934	7,704	7,547	7,391	7,206	5,410
Accumulated deficit
-5,583	-5,379	-5,223	-5,122	-4,979	-4,893	-4,896	-4,833	-4,774	-4,782	-4,776	-4,731	-4,559	-4,459	-4,349	-4,341	-4,288	-4,266	-4,159	-4,097	-4,112	-4,208	-4,200	-4,049	-3,273	-3,218	-3,218	-3,174	-3,164	-3,083	-3,057	-2,974	-2,885	-3,251	-3,220	-3,202	-3,173	-3,114	-3,099	-3,154	-3,119	-2,955	-2,872	-2,793	-2,491
Accumulated other comprehensive loss
-119	-118	-121	-128	-120	-126	-118	-115	-102	-110	-111	-103	-100	-114	-115	-119	-117	-252	-248	-246	-151	-61	-125	-61	-67	-75	-76	-102	-82	-90	-64	-81	-23	-94	-102	45	20	6	-25	-69	-27	-3	-15	-52	-165
Common stock held in treasury, at cost, 14,819,950 and 13,574,296 shares, respectively
1,926	1,773	1,773	1,595	1,435	1,427	1,380	1,380	1,307	1,079	1,068	1,068	834	682	427	427	438	437	437	437	103	103	103	106	117	117	118	118	134	135	135	135	150	152	153	153	158	166	166	166	167	176	176	176	186
Total stockholders' equity
2,181	2,526	2,672	2,919	3,212	3,296	3,383	3,371	3,505	3,686	3,685	3,726	4,107	4,310	4,628	4,621	4,590	4,471	4,569	4,619	5,113	5,093	5,021	5,233	5,874	5,849	5,828	5,834	5,845	5,910	5,841	5,945	6,077	4,649	4,641	4,795	4,788	4,830	4,805	4,589	4,436	4,458	4,372	4,229	2,612
Noncontrolling interests
329	384	407	444	486	500	513	507	527	552	557	564	621	649	697	696	771	744	758	766	858	858	845	882	989	973	975	971	977	982	979	1,185	1,215	894	870	773	771	802	802	736	705	724	728	696	488
Total equity
2,510	2,911	3,080	3,363	3,699	3,796	3,897	3,878	4,033	4,238	4,242	4,291	4,729	4,959	5,326	5,317	5,362	5,216	5,327	5,386	5,971	5,951	5,866	6,115	6,864	6,822	6,804	6,806	6,823	6,893	6,821	7,130	7,293	5,544	5,512	5,569	5,560	5,633	5,607	5,325	5,141	5,182	5,100	4,925	3,101
Total liabilities and equity
34,121	31,231	33,844	30,732	30,841	30,686	31,079	30,843	31,017	32,257	31,032	30,965	30,946	31,103	31,668	31,379	31,398	30,565	30,848	30,290	30,482	29,532	29,672	30,586	32,755	33,324	32,111	32,015	31,886	32,586	31,977	31,986	32,417	26,216	25,575	24,534	24,569	24,857	24,788	23,924	24,977	25,948	25,976	25,010	23,422
Simon Property Group, L.P.
Investment properties, at cost
37,901	37,804	37,590	37,458	37,193	37,092	36,943	36,429	36,383	36,393	35,925	35,695	35,309	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less - accumulated depreciation
14,088	13,905	13,707	13,444	13,119	12,884	12,638	12,354	12,074	11,935	11,665	11,378	11,079	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment properties, at cost, net
23,812	23,898	23,882	24,014	24,073	24,208	24,304	24,074	24,308	24,457	24,259	24,317	24,229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
3,724	669	3,647	479	436	514	695	714	367	1,482	508	488	513	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant receivables and accrued revenue, net
793	832	775	736	733	763	722	681	686	742	686	640	621	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in unconsolidated entities, at equity
2,414	2,371	2,121	2,141	-	2,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in Klepierre, at equity
1,628	1,731	1,614	1,718	2,197	1,769	2,281	2,302	2,268	2,266	2,331	2,321	2,374	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets, net
519	514	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in Klepierre, at equity
-	-	-	-	1,676	-	1,776	1,772	2,011	1,934	1,907	1,830	1,821	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred costs and other assets
1,227	1,214	1,803	1,641	1,723	1,210	1,298	1,297	1,374	1,373	1,338	1,368	1,384	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
34,121	31,231	33,844	30,732	30,841	30,686	31,079	30,843	31,017	32,257	31,032	30,965	30,946	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgages and unsecured indebtedness
27,553	24,163	26,643	23,324	23,185	23,305	23,678	23,505	23,647	24,632	23,410	23,422	23,149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses, intangibles, and deferred revenues
1,253	1,390	1,324	1,227	1,157	1,316	1,268	1,230	1,180	1,269	1,290	1,205	1,081	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash distributions and losses in unconsolidated entities, at equity
1,611	1,566	1,568	1,567	1,559	1,536	1,534	1,531	1,421	1,406	1,388	1,370	1,360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities
521	516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
457	464	1,001	1,017	1,012	500	503	499	532	520	514	492	459	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
31,397	28,101	30,537	27,137	26,915	26,659	26,984	26,766	26,782	27,828	26,603	26,490	26,050	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited partners' preferred interest in the Operating Partnership and noncontrolling redeemable interests in properties
212	219	226	231	225	230	197	198	201	190	186	184	166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred units, 796,948 units outstanding. Liquidation value of $39,847
42	42	42	42	42	42	42	42	42	43	43	43	43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General Partner, 305,755,171 and 306,868,960 units outstanding, respectively
2,139	2,483	2,630	2,877	3,170	3,253	3,340	3,328	3,462	3,643	3,641	3,683	4,063	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited Partners, 46,529,247 and 46,740,117 units outstanding, respectively
325	378	400	436	479	492	509	503	523	548	553	560	617	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total partners' equity
2,507	2,904	3,073	3,356	3,692	3,789	3,893	3,874	4,029	4,235	4,238	4,286	4,724	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonredeemable noncontrolling interests in properties, net
3	6	6	7	6	7	3	3	3	3	3	4	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
2,510	2,911	3,080	3,363	3,699	3,796	3,897	3,878	4,033	4,238	4,242	4,291	4,729	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities and equity
34,121	31,231	33,844	30,732	30,841	30,686	31,079	30,843	31,017	32,257	31,032	30,965	30,946	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series J Preferred stock
Series J 8 3/8% cumulative redeemable preferred stock, 1,000,000 shares authorized, 796,948 issued and outstanding with a liquidation value of $39,847
-	-	-	-	-	-	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock
Common stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-