Simon Property Group, Inc. Consolidated Balance Sheets (Dollars in thousands, except share amounts)
December 31, December 31, 2024 2023
ASSETS: Investmentproperties,atcost ............................................... Less-accumulateddepreciation............................................. Cashandcashequivalents ................................................. Short-terminvestments .................................................... Tenantreceivablesandaccruedrevenue,net................................... InvestmentinTRG,atequity................................................ InvestmentinKlépierre,atequity............................................. Investment in other unconsolidated entities, at equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Right-of-useassets,net.................................................... Deferredcostsandotherassets ............................................. Total assets ........................................................... LIABILITIES: Mortgagesandunsecuredindebtedness....................................... Accounts payable, accrued expenses, intangibles, and deferred revenues . . . . . . . . . . . . . Cash distributions and losses in unconsolidated entities, at equity . . . . . . . . . . . . . . . . . . . Dividendpayable......................................................... Leaseliabilities........................................................... Otherliabilities........................................................... Total liabilities ......................................................... Commitments and contingencies Limited partners’ preferred interest in the Operating Partnership and noncontrolling redeemableinterests....................................................... 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 8 3/8 % cumulative redeemable preferred stock, 1,000,000 shares authorized, 796,948 issued and outstanding with a liquidation value of $39,847 . . . . . . . . . . . . . . . . Common stock, $0.0001 par value, 511,990,000 shares authorized, 342,945,839 and 342,895,886 issued and outstanding, respectively . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Class B common stock, $0.0001 par value, 10,000 shares authorized, 8,000 issued and outstanding Capitalinexcessofparvalue ............................................... Accumulateddeficit....................................................... Accumulatedothercomprehensiveloss........................................ Common stock held in treasury, at cost, 16,675,701 and 16,983,364 shares, respectively . Totalstockholders’equity ................................................. Noncontrollinginterests....................................................... EQUITY: Stockholders’ Equity Total equity ........................................................... Total liabilities and equity ...............................................
$ 40,242,392 $ 39,285,138
19,047,078 21,195,314 1,400,345
17,716,788 21,568,350 1,168,991 1,000,000
—
796,513
826,126
3,069,297 1,384,267 2,670,739
3,049,719 1,527,872 3,540,648
519,607
484,073
1,369,609
1,117,716
$ 32,405,691 $ 34,283,495
$ 24,264,495 $ 26,033,423
1,712,465 1,680,431
1,693,248 1,760,922
2,410
1,842
520,283 626,155
484,861 621,601
28,806,239
30,595,897
184,729
195,949
40,778
41,106
33
33
—
—
11,583,051 (6,382,515) (193,026) (2,106,396)
11,406,236 (6,095,576) (172,787) (2,156,178)
2,941,925
3,022,834
472,798
468,815
3,414,723
3,491,649
$ 32,405,691 $ 34,283,495
The accompanying notes are an integral part of these statements.
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