Simon Property Group, Inc. Simon Property Group, L.P. Notes to Consolidated Financial Statements (Dollars in thousands, except share, per share, unit and per unit amounts and where indicated as in millions or billions)
All other & eliminations,
Real estate segment
net
Consolidated
For the period ended December 31, 2023: Income: LeaseIncome....................................................... $ 5,199,120 $
(34,785) $ 5,164,335
Managementfeesandotherrevenues..................................... OtherIncome....................................................... Total............................................................ Expenses: PropertyOperating................................................... Realestatetaxes.................................................... Repairsandmaintenance.............................................. Advertisingandpromotion.............................................. Other............................................................. Total............................................................
-
125,995 244,431 335,641
125,995 368,506
124,075
5,323,195
5,658,836
616,190 $
(126,844) $
489,346 441,783 97,257 127,346 187,524
439,885 95,331 130,660 63,536
1,898 1,926
(3,314)
123,988
1,345,602
(2,346)
1,343,256
NOI of consolidated entities .............................................
$ 3,977,593 $
337,987 $ 4,315,580
Other Income: Gain due to disposal, exchange, or revaluation of equity interests, net . . . . . . . . . . . . . . Incomefromunconsolidatedentities....................................... Unrealized gains in fair value of publicly traded equity instruments and derivative instrument,net .................................................... Other Expenses: Depreciationandamortization........................................... Homeandregionalofficecosts .......................................... Generalandadministrative ............................................. Interestexpense..................................................... Incomeandothertaxexpense........................................... Loss on acquisition of controlling interest, sale or disposal of, or recovery on, assets and interests in unconsolidated entities and impairment, net . . . . . . . . . . . . . . . . . . . . Otherexpense......................................................
362,019 375,663
11,892
1,262,107 207,618 38,513 854,648 81,874
3,056
320
Consolidated net income ...............................................
$ 2,617,018
138
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