Simon Property Group, Inc. Consolidated Balance Sheets (Dollars in thousands, except share amounts)
December 31, December 31, 2022 2021
ASSETS: Investmentproperties,atcost ............................................... $ 38,326,912 $ 37,932,366 Less-accumulateddepreciation............................................. 16,563,749 15,621,127 21,763,163 22,311,239 Cashandcashequivalents ................................................. 621,628 533,936 Tenantreceivablesandaccruedrevenue,net................................... 823,540 919,654 InvestmentinTRG,atequity................................................ 3,074,345 3,305,102 InvestmentinKlépierre,atequity............................................. 1,561,112 1,661,943 Investment in other unconsolidated entities, at equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,511,263 3,075,375 Right-of-useassets,net.................................................... 496,930 504,119 Investments held in trust - special purpose acquisition company. . . . . . . . . . . . . . . . . . . . . - 345,000 Deferredcostsandotherassets ............................................. 1,159,293 1,121,011 Total assets ........................................................... $ 33,011,274 $ 33,777,379 LIABILITIES: Mortgagesandunsecuredindebtedness....................................... $ 24,960,286 $ 25,321,022 Accounts payable, accrued expenses, intangibles, and deferred revenues . . . . . . . . . . . . . 1,491,583 1,433,216 Cash distributions and losses in unconsolidated entities, at equity . . . . . . . . . . . . . . . . . . . 1,699,828 1,573,105 Dividendpayable......................................................... 1,997 1,468 Leaseliabilities........................................................... 497,953 506,931 Otherliabilities........................................................... 535,736 540,912 Total liabilities ......................................................... 29,187,383 29,376,654 Commitments and contingencies Limited partners’ preferred interest in the Operating Partnership and noncontrolling redeemableinterests....................................................... 212,239 547,740 EQUITY: Stockholders’ Equity
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, 342,905,419 and 342,907,608 issued and outstanding, respectively . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Class B common stock, $0.0001 par value, 10,000 shares authorized, 8,000 issued andoutstanding ........................................................ Capitalinexcessofparvalue ............................................... Accumulateddeficit....................................................... Accumulatedothercomprehensiveloss........................................ Common stock held in treasury, at cost, 15,959,628 and 14,295,983 shares, respectively . . . Totalstockholders’equity ................................................. Noncontrollinginterests.......................................................
41,435
41,763
34
34
—
—
11,232,881 (5,926,974) (164,873) (2,043,979)
11,212,990 (5,823,708) (185,186) (1,884,441)
3,138,524
3,361,452
473,128
491,533
Total equity ........................................................... 3,852,985 Total liabilities and equity ............................................... $ 33,011,274 $ 33,777,379 The accompanying notes are an integral part of these statements. 3,611,652
87
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