| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Investment properties, at cost | 50,936,227 | 50,946,067 | 42,619,293 | 42,353,405 |
| Less - accumulated depreciation | 20,988,491 | 20,701,510 | 20,335,226 | 20,017,666 |
| Investment properties, at cost, net | 29,947,736 | 30,244,557 | 22,284,067 | 22,335,739 |
| Cash and cash equivalents | 542,955 | 823,147 | 1,552,577 | 1,231,437 |
| Tenant receivables and accrued revenue, net | 880,807 | 934,077 | 819,487 | 777,538 |
| Investment, at equity-Taubman Realty Group | NaN | NaN | 2,895,019 | 2,952,066 |
| Investment, at equity-Unconsolidated Investments Excluding Klepierre And Taubman Realty Group | 4,196,012 | 4,362,339 | 2,590,008 | 2,613,543 |
| Investment, at equity-Klepierre | 1,363,615 | 1,505,377 | 1,489,548 | 1,534,383 |
| Right-of-use assets, net | 738,033 | 755,934 | 529,116 | 515,455 |
| Deferred lease costs, net | NaN | 128,943 | NaN | NaN |
| In-place lease intangibles, net | NaN | 48,730 | NaN | NaN |
| Acquired above market lease intangibles, net | NaN | 503 | NaN | NaN |
| Marketable securities of our captive insurance companies | NaN | 161,604 | NaN | NaN |
| Goodwill | NaN | 20,098 | NaN | NaN |
| Other marketable and non-marketable securities | NaN | 362,782 | NaN | NaN |
| Provisional fair value - trg acquisition, net (note 4) | NaN | 700,641 | NaN | NaN |
| Prepaids, notes receivable and other assets, net | NaN | 557,734 | NaN | NaN |
| Deferred costs and other assets | 1,969,923 | 1,981,035 | 1,442,365 | 1,335,441 |
| Total assets | 39,639,081 | 40,606,466 | 33,602,187 | 33,295,602 |
| 2026 | NaN | 5,905,606 | NaN | NaN |
| 2027 | NaN | 3,936,773 | NaN | NaN |
| 2028 | NaN | 2,296,651 | NaN | NaN |
| 2029 | NaN | 2,940,031 | NaN | NaN |
| 2030 | NaN | 1,657,864 | NaN | NaN |
| Thereafter | NaN | 11,858,614 | NaN | NaN |
| Total principal maturities | NaN | 28,595,539 | NaN | NaN |
| Net unamortized debt premium | NaN | 1,065 | NaN | NaN |
| Net unamortized debt discount | NaN | 73,175 | NaN | NaN |
| Debt issuance costs, net | NaN | 117,853 | NaN | NaN |
| Other debt obligations | NaN | 24,599 | NaN | NaN |
| Mortgages and unsecured indebtedness | 28,247,682 | 28,430,175 | 25,789,055 | 25,401,250 |
| Accounts payable, accrued expenses, intangibles, and deferred revenues | 1,701,757 | 1,954,402 | 1,648,577 | 1,630,964 |
| Cash distributions and losses in unconsolidated entities, at equity | 1,791,354 | 1,739,418 | 1,747,430 | 1,746,426 |
| Dividend payable | 1,462 | 2,723 | 2,386 | 2,057 |
| Lease liabilities | 734,567 | 756,539 | 529,708 | 516,065 |
| Other liabilities | 825,477 | 1,017,816 | 910,495 | 907,770 |
| Total liabilities | 33,302,299 | 33,901,073 | 30,627,651 | 30,204,532 |
| Limited partners' preferred interest in the operating partnership and noncontrolling redeemable interests | 264,251 | 233,306 | 244,965 | 243,504 |
| 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 | 40,369 | 40,451 | 40,531 | 40,614 |
| Common stock, 0.0001 par value, 511,990,000 shares authorized, 343,060,687 and 343,060,687 issued and outstanding, respectively | 33 | 33 | 33 | 33 |
| Capital in excess of par value | 12,411,236 | 12,347,192 | 11,618,355 | 11,593,787 |
| Accumulated deficit | -4,875,676 | -4,608,136 | -6,934,926 | -6,837,606 |
| Accumulated other comprehensive loss | -227,770 | -251,361 | -281,298 | -256,308 |
| Common stock held in treasury, at cost, 18,778,775 and 17,844,817 shares, respectively | 2,489,435 | 2,319,911 | 2,093,084 | 2,089,012 |
| Total stockholders' equity | 4,858,757 | 5,208,268 | 2,349,611 | 2,451,508 |
| Noncontrolling interests | 1,213,774 | 1,263,819 | 379,960 | 396,058 |
| Total equity | 6,072,531 | 6,472,087 | 2,729,571 | 2,847,566 |
| Total liabilities and equity | 39,639,081 | 40,606,466 | 33,602,187 | 33,295,602 |
SIMON PROPERTY GROUP INC. (SPG)
SIMON PROPERTY GROUP INC. (SPG)