Item 16. Form 10-K Summary

None.

EXHIBIT INDEX

Exhibits
2.1		Separation and Distribution Agreement by and among Simon Property Group, Inc., Simon Property Group, L.P., Washington Prime Group Inc. and Washington Prime Group, L.P., dated as of May 27, 2014 (incorporated by reference to Exhibit 2.1 of the Registrant’s Current Report on Form 8‑K filed May 29, 2014).
3.1		Restated Certificate of Incorporation of Simon Property Group, Inc. (incorporated by reference to Appendix A of Simon Property Group, Inc.’s Proxy Statement on Schedule 14A filed March 27, 2009).
3.2		Amended and Restated By-Laws of Simon Property Group, Inc. as adopted on March 20, 2017 (incorporated by reference to Exhibit 3.1 of Simon Property Group, Inc.’s Current Report on Form 8-K filed March 24, 2017).
3.3		Certificate of Powers, Designations, Preferences and Rights of the 83/8% Series J Cumulative Redeemable Preferred Stock, $0.0001 Par Value (incorporated by reference to Exhibit 3.2 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed October 20, 2004).
3.4		Certificate of Designation of Series A Junior Participating Redeemable Preferred Stock (incorporated by reference to Exhibit 3.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed May 15, 2014).
3.5		Second Amended and Restated Certificate of Limited Partnership of the Limited Partnership (incorporated by reference to Exhibit 3.1 of Simon Property Group, L.P.'s Annual Report on Form 10-K filed March 31, 2003).
3.6		Eighth Amended and Restated Limited Partnership Agreement of Simon Property Group, L.P. dated as of May 8, 2008 (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed May 9, 2008).
3.7		Certificate of Designation of Series B Junior Participating Redeemable Preferred Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 3.1 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q filed August 8, 2014).
3.8		Agreement between Simon Property Group, Inc. and Simon Property Group, L.P. dated March 7, 2007, but effective as of August 27, 1999, regarding a prior agreement filed under an exhibit 99.1 to Form S-3/A of Simon Property Group, L.P. on November 20, 1996 (incorporated by reference to Exhibit 3.4 of Simon Property Group, L.P.'s Annual Report on Form 10-K filed March 16, 2007).
3.9		Agreement between Simon Property Group, Inc. and Simon Property Group, L.P. dated April 29, 2009, but effective as of October 14, 2004, regarding redemption of the Registrant's Series I Preferred Units (incorporated by reference to Exhibit 3.2 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q filed May 8, 2009).
4.1	(a)	Indenture, dated as of November 26, 1996, by and among Simon Property Group, L.P. and The Chase Manhattan Bank, as trustee (incorporated by reference to Exhibit 4.1 of Simon Property Group, L.P.'s Registration Statement on Form S-3 filed October 21, 1996 (Reg. No. 333-11491)).
9.1		Second Amended and Restated Voting Trust Agreement, Voting Agreement and Proxy dated as of March 1, 2004 between Melvin Simon & Associates, Inc., on the one hand and Melvin Simon, Herbert Simon and David Simon on the other hand (incorporated by reference to Exhibit 9.1 of Simon Property Group, Inc.’s Quarterly Report on Form 10‑Q filed May 10, 2004).
9.2		Voting Trust Agreement, Voting Agreement and Proxy dated as of March 1, 2004 between David Simon, Melvin Simon and Herbert Simon (incorporated by reference to Exhibit 9.2 of Simon Property Group, Inc.’s Quarterly Report on Form 10‑Q filed May 10, 2004).
10.1		Form of the Indemnity Agreement between Simon Property Group, Inc. and its directors and officers (incorporated by reference to Exhibit 10.7 of Simon Property Group, Inc.’s Form S‑4 filed August 13, 1998 (Reg. No. 333‑61399)).
10.2		Registration Rights Agreement, dated as of September 24, 1998, by and among Simon Property Group, Inc. and the persons named therein (incorporated by reference to Exhibit 4.4 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed October 9, 1998).

Exhibits
10.3		Registration Rights Agreement, dated as of August 27, 1999, by and among Simon Property Group, Inc. and the persons named therein (incorporated by reference to Exhibit 4.4 of the Registration Statement on Form S‑3 filed March 24, 2004 (Reg. No. 333‑113884)).
10.4		Registration Rights Agreement, dated as of November 14, 1997, by and between O’Connor Retail Partners, L.P. and Simon DeBartolo Group, Inc. (incorporated by reference to Exhibit 4.8 of the Registration Statement on Form S‑3 filed December 7, 2001 (Reg. No. 333‑74722)).
10.5*		Simon Property Group, L.P. Amended and Restated 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 10, 2014).
10.6*		Form of Nonqualified Stock Option Award Agreement under the Simon Property Group, L.P. 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.8 of Simon Property Group, Inc.’s Annual Report on Form 10‑K filed March 16, 2005).
10.7*		Form of Performance‑Based Restricted Stock Award Agreement under the Simon Property Group, L.P. 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.9 of Simon Property Group, Inc.’s Annual Report on Form 10‑K filed February 28, 2007).
10.8*		Form of Non-Employee Director Restricted Stock Award Agreement under the Simon Property Group, L.P. 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.10 of Simon Property Group, Inc.’s Annual Report on Form 10-K filed March 16, 2005).
10.9*		Employment Agreement between Simon Property Group, Inc. and David Simon effective as of July 6, 2011 (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed July 7, 2011).
10.10*		First Amendment to Employment Agreement between Simon Property Group, Inc. and David Simon, dated as of March 29, 2013 (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 4, 2013).
10.11*		Non‑Qualified Deferred Compensation Plan dated as of December 31, 2008 (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Quarterly Report on Form 10‑Q filed November 5, 2009).
10.12*		Amendment — 2008 Performance Based‑Restricted Stock Agreement dated as of March 6, 2009 (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s Quarterly Report on Form 10‑Q filed November 5, 2009).
10.13*		Certificate of Designation of Series 2010 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.4 of Simon Property Group, Inc.'s Current Report on Form 8-K filed March 19, 2010).
10.14*		Form of Series 2010 LTIP Unit (Three Year Program) Award Agreement under the Simon Property Group, L.P. 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed March 19, 2010).
10.15*		Form of Series 2010 LTIP Unit (Two Year Program) Award Agreement under the Simon Property Group, L.P. 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed March 19, 2010).
10.16*		Form of Series 2010 LTIP Unit (One Year Program) Award Agreement under the Simon Property Group, L.P. 1998 Stock Incentive Plan (incorporated by reference to Exhibit 10.3 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed March 19, 2010).
10.17*		Certificate of Designation of Series CEO LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.3 of Simon Property Group, Inc.'s Current Report on Form 8-K filed July 7, 2011).
10.18*		Simon Property Group Series CEO LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.4 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed July 7, 2011).

Exhibits
10.19*		First Amendment to Simon Property Group Series CEO LTIP Unit Award Agreement dated as of December 22, 2011 (incorporated by reference to Exhibit 10.24 of Simon Property Group, Inc.’s Annual Report on Form 10‑K filed February 28, 2012).
10.20*		Second Amendment to Simon Property Group Series CEO LTIP Unit Award Agreement, dated as of March 29, 2013 (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 4, 2013).
10.21*		Simon Property Group Amended and Restated Series CEO LTIP Unit Award Agreement, dated as of December 31, 2013 (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed January 2, 2014).
10.22*		Certificate of Designation of Series 2011 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.5 of Simon Property Group, Inc.'s Current Report on Form 8-K filed July 7, 2011).
10.23*		Form of Simon Property Group Series 2011 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.6 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed July 7, 2011).
10.24*		Certificate of Designation of Series 2012 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.2 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q filed May 11, 2012).
10.25*		Amended and Restated Certificate of Designation of Series 2012 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.5 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q filed May 7, 2014).
10.26*		Form of Simon Property Group Series 2012 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Quarterly Report on Form 10‑Q filed May 8, 2012).
10.27*		Simon Property Group Amended and Restated Series 2012 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 28, 2014).
10.28*		Certificate of Designation of Series 2013 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.2 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q filed May 10, 2013).
10.29*		Form of Simon Property Group Series 2013 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.3 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 4, 2013).
10.30*		Form of Simon Property Group Executive Officer LTIP Waiver, dated April 18, 2014 (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 28, 2014).
10.31*		Simon Property Group CEO LTIP Unit Adjustment Waiver, dated April 18, 2014 (incorporated by reference to Exhibit 10.3 of Simon Property Group, Inc.’s Current Report on Form 8‑K filed April 28, 2014).
10.32*		Form of Simon Property Group Series 2014 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s Quarterly Report on Form 10-Q filed May 7, 2014).
10.33*		Certificate of Designation of Series 2014 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.3 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q filed May 7, 2014).
10.34		Amended and Restated $2,750,000,000 Credit Agreement dated as of March 2, 2015 (incorporated by reference to Exhibit 10.1 of Simon Property Group, L.P.’s Current Report on Form 8‑K filed March 3, 2015).
10.35*		Form of Simon Property Group Series 2015 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.3 of Simon Property Group, Inc.’s Quarterly Report on Form 10‑Q/A for the quarter ended March 31, 2015 filed on January 13, 2016).

Exhibits
10.36*		Certificate of Designation of Series 2015 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.4 of Simon Property Group, L.P.'s Quarterly Report on Form 10-Q/A for the quarter ended March 31, 2015 filed on January 13, 2016).
10.37*		Form of Simon Property Group Series 2016 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s and Simon Property Group, L.P.’s Quarterly Report on Form 10‑Q for the quarter ended March 31, 2016 filed on May 5, 2016).
10.38*		Form of Certificate of Designation of Series 2016 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s and Simon Property Group, L.P.’s Quarterly Report on Form 10‑Q for the quarter ended March 31, 2016 filed on May 5, 2016).
10.39		Amendment No. 1 to Amended and Restated Credit Agreement, dated as of April 6, 2016 (incorporated by reference to Exhibit 10.1 of Simon Property Group, L.P.’s Current Report on Form 8-K filed April 7, 2016).
10.40		Amended and Restated $4,000,000,000 Credit Agreement, dated as of March 17, 2017 (incorporated by reference to Exhibit 99.2 of Simon Property Group, L.P.’s Current Report on Form 8-K filed March 20, 2017).
10.41		Amended and Restated $3,500,000,000 Credit Agreement, dated as of February 15, 2018 (incorporated by reference to Exhibit 99.2 of Simon Property Group, L.P.’s Current Report on Form 8-K filed February 15, 2018).
10.42*		Form of Simon Property Group Series 2018 LTIP Unit Award Agreement (incorporated by reference to Exhibit 10.1 of Simon Property Group, Inc.’s and Simon Property Group, L.P.’s Quarterly Report on Form 10‑Q for the quarter ended March 31, 2018 filed on May 3, 2018).
10.43*		Form of Certificate of Designation of Series 2018 LTIP Units of Simon Property Group, L.P. (incorporated by reference to Exhibit 10.2 of Simon Property Group, Inc.’s and Simon Property Group, L.P.’s Quarterly Report on Form 10‑Q for the quarter ended March 31, 2018 filed on May 3, 2018).
21.1		List of Subsidiaries of Simon Property Group Inc. and Simon Property Group, L.P.
23.1		Simon Property Group, Inc. — Consent of Ernst & Young LLP.
23.2		Simon Property Group, L.P. — Consent of Ernst & Young LLP.
31.1		Simon Property Group, Inc. — Certification by the Chief Executive Officer pursuant to Rule 13a‑14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.
31.2		Simon Property Group, Inc. — Certification by the Chief Financial Officer pursuant to Rule 13a‑14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.
31.3		Simon Property Group, L.P. — Certification by the Chief Executive Officer pursuant to Rule 13a‑14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.
31.4		Simon Property Group, L.P. — Certification by the Chief Financial Officer pursuant to Rule 13a‑14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.
32.1		Simon Property Group, Inc. — Certification by the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.
32.2		Simon Property Group, L.P. — Certification by the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document

Exhibits
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document

(a) Does not include supplemental indentures that authorize the issuance of debt securities series, none of which exceeds 10% of the total assets of Simon Property Group, L.P. on a consolidated basis. Simon Property Group, L.P. agrees to file copies of any such supplemental indentures upon the request of the Commission.

• Represents a management contract, or compensatory plan, contract or arrangement required to be filed pursuant to Regulation S‑K.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SIMON PROPERTY GROUP, INC.
	By	/s/ DAVID SIMON
		David Simon
		Chairman of the Board of Directors, Chief
		Executive Officer and President
		Date: February 22, 2019
		SIMON PROPERTY GROUP, L.P.
		/s/ DAVID SIMON
		David Simon
		Chairman of the Board of Directors, Chief Executive Officer and President of Simon Property Group, Inc., General Partner
		Date: February 22, 2019

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of Simon Property Group, Inc., for itself and in its capacity as General Partner of Simon Property Group, L.P., and in the capacities and on the dates indicated.

Signature		Capacity		Date
/s/ DAVID SIMON		Chairman of the Board of Directors, Chief Executive Officer (Principal Executive Officer) and President		February 22, 2019
David Simon
/s/ HERBERT SIMON		Chairman Emeritus and Director		February 22, 2019
Herbert Simon
/s/ RICHARD S. SOKOLOV		Vice Chairman and Director		February 22, 2019
Richard S. Sokolov
/s/ LARRY C. GLASSCOCK		Director		February 22, 2019
Larry C. Glasscock
/s/ REUBEN S. LEIBOWITZ		Director		February 22, 2019
Reuben S. Leibowitz
/s/ J. ALBERT SMITH, JR.		Director		February 22, 2019
J. Albert Smith, Jr.
/s/ KAREN N. HORN		Director		February 22, 2019
Karen N. Horn
/s/ ALLAN HUBBARD		Director		February 22, 2019
Allan Hubbard
/s/ DANIEL C. SMITH		Director		February 22, 2019
Daniel C. Smith

Signature		Capacity		Date
/s/ GARY M. RODKIN		Director		February 22, 2019
Gary M. Rodkin
/s/ GLYN F. AEPPEL		Director		February 22, 2019
Glyn F. Aeppel
/s/ STEFAN M. SELIG		Director		February 22, 2019
Stefan M. Selig
/s/ MARTA R. STEWART		Director		February 22, 2019
Marta R. Stewart
/s/ BRIAN J. MCDADE		Executive Vice President, Chief Financial Officer (Principal Financial Officer) and Treasurer		February 22, 2019
Brian J. McDade
/s/ ADAM J. REUILLE		Senior Vice President and Chief Accounting Officer (Principal Accounting Officer)		February 22, 2019
Adam J. Reuille

SCHEDULE III

Simon Property Group, Inc.

Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

December 31, 2018

(Dollars in thousands)

													Cost Capitalized
													Subsequent to						Gross Amounts At Which												Date of
							Initial Cost (3)						Acquisition (3)						Carried At Close of Period												Construction
										Buildings and						Buildings and						Buildings and						Accumulated			or
Name		Location		Encumbrances (6)			Land			Improvements			Land			Improvements			Land			Improvements			Total (1)			Depreciation (2)			Acquisition
Malls
Barton Creek Square		Austin, TX		$	—		$	2,903		$	20,929		$	7,983		$	74,248		$	10,886		$	95,177		$	106,063		$	60,183		1981
Battlefield Mall		Springfield, MO			117,500			3,919			27,231			3,000			66,714			6,919			93,945			100,864			70,821		1970
Bay Park Square		Green Bay, WI			—			6,358			25,623			4,106			26,528			10,464			52,151			62,615			32,956		1980
Brea Mall		Brea (Los Angeles), CA			—			39,500			209,202			2,993			71,244			42,493			280,446			322,939			141,980		1998	(4)
Broadway Square		Tyler, TX			—			11,306			32,431			—			34,660			11,306			67,091			78,397			36,959		1994	(4)
Burlington Mall		Burlington (Boston), MA			—			46,600			303,618			27,458			163,037			74,058			466,655			540,713			224,029		1998	(4)
Castleton Square		Indianapolis, IN			—			26,250			98,287			7,434			79,746			33,684			178,033			211,717			110,241		1972
Cielo Vista Mall		El Paso, TX			—			1,005			15,262			608			55,602			1,613			70,864			72,477			47,039		1974
College Mall		Bloomington, IN			—			1,003			16,245			720			71,898			1,723			88,143			89,866			43,238		1965
Columbia Center		Kennewick, WA			—			17,441			66,580			—			33,367			17,441			99,947			117,388			58,618		1987
Copley Place		Boston, MA			—			—			378,045			—			193,429			—			571,474			571,474			222,354		2002	(4)
Coral Square		Coral Springs (Miami), FL			—			13,556			93,630			—			20,734			13,556			114,364			127,920			87,184		1984
Cordova Mall		Pensacola, FL			—			18,626			73,091			7,321			68,923			25,947			142,014			167,961			71,696		1998	(4)
Domain, The		Austin, TX			184,739			40,436			197,010			—			149,273			40,436			346,283			386,719			150,030		2005
Empire Mall		Sioux Falls, SD			190,000			35,998			192,186			—			27,742			35,998			219,928			255,926			53,845		1998	(5)
Fashion Mall at Keystone, The		Indianapolis, IN			—			—			120,579			29,145			101,035			29,145			221,614			250,759			117,915		1997	(4)
Firewheel Town Center		Garland (Dallas), TX			—			8,438			82,716			—			28,593			8,438			111,309			119,747			60,730		2004
Forum Shops at Caesars, The		Las Vegas, NV			—			—			276,567			—			265,368			—			541,935			541,935			260,765		1992
Greenwood Park Mall		Greenwood (Indianapolis), IN			—			2,423			23,445			5,253			119,671			7,676			143,116			150,792			84,288		1979
Haywood Mall		Greenville, SC			—			11,585			133,893			6			41,791			11,591			175,684			187,275			106,328		1998	(4)
Ingram Park Mall		San Antonio, TX			128,060			733			16,972			37			39,964			770			56,936			57,706			30,283		1979
King of Prussia		King of Prussia (Philadelphia), PA			—			175,063			1,128,200			—			356,883			175,063			1,485,083			1,660,146			351,350		2003	(5)
La Plaza Mall		McAllen, TX			—			87,912			9,828			6,569			172,054			94,481			181,882			276,363			41,344		1976
Lakeline Mall		Cedar Park (Austin), TX			—			10,088			81,568			14			26,260			10,102			107,828			117,930			60,355		1995
Lenox Square		Atlanta, GA			—			38,058			492,411			—			129,085			38,058			621,496			659,554			336,512		1998	(4)
Livingston Mall		Livingston (New York), NJ			—			22,214			105,250			—			47,205			22,214			152,455			174,669			83,004		1998	(4)
Mall of Georgia		Buford (Atlanta), GA			—			47,492			326,633			—			13,987			47,492			340,620			388,112			173,568		1999	(5)

Simon Property Group, Inc.

Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

December 31, 2018

(Dollars in thousands)

														Cost Capitalized
														Subsequent to						Gross Amounts At Which											Date of
								Initial Cost (3)						Acquisition (3)						Carried At Close of Period											Construction
											Buildings and						Buildings and						Buildings and						Accumulated		or
Name		Location		Encumbrances (6)				Land			Improvements			Land			Improvements			Land			Improvements			Total (1)			Depreciation (2)		Acquisition
McCain Mall		N. Little Rock, AR		$	—		$	—		$	9,515		$	10,530		$	28,402		$	10,530		$	37,917		$	48,447		$	14,607		1973
Menlo Park Mall		Edison (New York), NJ			—			65,684			223,252			—			76,405			65,684			299,657			365,341			171,764		1997	(4)
Midland Park Mall		Midland, TX			75,464			687			9,213			2,121			31,348			2,808			40,561			43,369			21,607		1980
Miller Hill Mall		Duluth, MN			—			2,965			18,092			1,811			43,807			4,776			61,899			66,675			42,841		1973
Montgomery Mall		North Wales (Philadelphia), PA			100,000			27,105			86,915			—			64,352			27,105			151,267			178,372			66,982		2004	(5)
North East Mall		Hurst (Dallas), TX			—			128			12,966			19,010			147,128			19,138			160,094			179,232			110,442		1971
Northgate		Seattle, WA			—			23,610			115,992			—			125,856			23,610			241,848			265,458			128,076		1987
Ocean County Mall		Toms River (New York), NJ			—			20,404			124,945			3,277			54,058			23,681			179,003			202,684			91,058		1998	(4)
Orland Square		Orland Park (Chicago), IL			—			35,514			129,906			—			76,956			35,514			206,862			242,376			103,986		1997	(4)
Oxford Valley Mall		Langhorne (Philadelphia), PA			61,076			24,544			100,287			—			20,195			24,544			120,482			145,026			79,717		2003	(4)
Penn Square Mall		Oklahoma City, OK			310,000			2,043			155,958			—			59,474			2,043			215,432			217,475			122,459		2002	(4)
Pheasant Lane Mall		Nashua, NH			—			3,902			155,068			550			50,241			4,452			205,309			209,761			105,301		2004	(5)
Phipps Plaza		Atlanta, GA			—			15,005			210,610			—			109,206			15,005			319,816			334,821			150,091		1998	(4)
Plaza Carolina		Carolina (San Juan), PR			225,000			15,493			279,560			—			71,902			15,493			351,462			366,955			152,228		2004	(4)
Prien Lake Mall		Lake Charles, LA			—			1,842			2,813			3,053			58,570			4,895			61,383			66,278			29,576		1972
Rockaway Townsquare		Rockaway (New York), NJ			—			41,918			212,257			—			52,808			41,918			265,065			306,983			143,714		1998	(4)
Roosevelt Field		Garden City (New York), NY			—			163,160			702,008			1,246			354,520			164,406			1,056,528			1,220,934			465,477		1998	(4)
Ross Park Mall		Pittsburgh, PA			—			23,541			90,203			5,815			113,912			29,356			204,115			233,471			120,441		1986
Santa Rosa Plaza		Santa Rosa, CA			—			10,400			87,864			—			28,488			10,400			116,352			126,752			62,941		1998	(4)
Shops at Chestnut Hill, The		Chestnut Hill (Boston), MA			120,000			449			25,102			38,864			104,339			39,313			129,441			168,754			32,417		2002	(5)
Shops at Nanuet, The		Nanuet, NY			—			28,125			142,860			—			10,582			28,125			153,442			181,567			32,667		2013
Shops at Riverside, The		Hackensack (New York), NJ			130,000			13,521			238,746			—			167,109			13,521			405,855			419,376			66,445		2007	(4) (5)
South Hills Village		Pittsburgh, PA			—			23,445			125,840			1,472			77,461			24,917			203,301			228,218			97,896		1997	(4)
South Shore Plaza		Braintree (Boston), MA			—			101,200			301,495			—			163,860			101,200			465,355			566,555			239,269		1998	(4)
Southdale Mall		Edina (Minneapolis), MN			144,514			41,430			184,967			—			103,704			41,430			288,671			330,101			56,075		2007	(4) (5)
SouthPark		Charlotte, NC			—			42,092			188,055			100			194,303			42,192			382,358			424,550			202,385		2002	(4)
Southridge Mall		Greendale (Milwaukee), WI			116,968			12,359			130,111			1,939			19,905			14,298			150,016			164,314			47,949		2007	(4) (5)
St. Charles Towne Center		Waldorf (Washington, DC), MD			—			7,710			52,934			1,180			28,363			8,890			81,297			90,187			57,442		1990

Simon Property Group, Inc.

Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

December 31, 2018

(Dollars in thousands)

														Cost Capitalized
														Subsequent to						Gross Amounts At Which											Date of
								Initial Cost (3)						Acquisition (3)						Carried At Close of Period											Construction
											Buildings and						Buildings and						Buildings and						Accumulated		or
Name		Location		Encumbrances (6)				Land			Improvements			Land			Improvements			Land			Improvements			Total (1)			Depreciation (2)		Acquisition
Stanford Shopping Center		Palo Alto (San Jose), CA		$	—		$	—		$	339,537		$	—		$	156,919		$	—		$	496,456		$	496,456		$	180,196		2003	(4)
Summit Mall		Akron, OH			85,000			15,374			51,137			—			56,286			15,374			107,423			122,797			60,869		1965
Tacoma Mall		Tacoma (Seattle), WA			—			37,113			125,826			—			130,010			37,113			255,836			292,949			129,641		1987
Tippecanoe Mall		Lafayette, IN			—			2,897			8,439			5,517			48,513			8,414			56,952			65,366			42,488		1973
Town Center at Boca Raton		Boca Raton (Miami), FL			—			64,200			307,317			—			227,545			64,200			534,862			599,062			275,246		1998	(4)
Town Center at Cobb		Kennesaw (Atlanta), GA			185,305			32,355			158,225			—			23,534			32,355			181,759			214,114			116,310		1998	(5)
Towne East Square		Wichita, KS			—			8,525			18,479			4,108			48,773			12,633			67,252			79,885			46,725		1975
Treasure Coast Square		Jensen Beach, FL			—			11,124			72,990			3,067			40,629			14,191			113,619			127,810			71,016		1987
Tyrone Square		St. Petersburg (Tampa), FL			—			15,638			120,962			1,459			51,700			17,097			172,662			189,759			101,515		1972
University Park Mall		Mishawaka, IN			—			10,762			118,164			7,000			59,439			17,762			177,603			195,365			144,655		1996	(4)
Walt Whitman Shops		Huntington Station (New York), NY			—			51,700			111,258			3,789			126,664			55,489			237,922			293,411			114,751		1998	(4)
White Oaks Mall		Springfield, IL			49,500			3,024			35,692			2,102			63,451			5,126			99,143			104,269			53,418		1977
Wolfchase Galleria		Memphis, TN			159,157			16,407			128,276			—			18,036			16,407			146,312			162,719			90,260		2002	(4)
Woodland Hills Mall		Tulsa, OK			—			34,211			187,123			—			29,732			34,211			216,855			251,066			129,540		2004	(5)
Premium Outlets
Albertville Premium Outlets		Albertville (Minneapolis), MN			—			3,900			97,059			—			9,810			3,900			106,869			110,769			49,034		2004	(4)
Allen Premium Outlets		Allen (Dallas), TX			—			20,932			69,788			—			44,420			20,932			114,208			135,140			30,989		2004	(4)
Aurora Farms Premium Outlets		Aurora (Cleveland), OH			—			2,370			24,326			—			8,441			2,370			32,767			35,137			22,781		2004	(4)
Birch Run Premium Outlets		Birch Run (Detroit), MI			123,000			11,477			77,856			—			8,129			11,477			85,985			97,462			31,239		2010	(4)
Camarillo Premium Outlets		Camarillo (Los Angeles), CA			—			16,670			224,721			395			69,778			17,065			294,499			311,564			131,826		2004	(4)
Carlsbad Premium Outlets		Carlsbad (San Diego), CA			—			12,890			184,990			96			8,476			12,986			193,466			206,452			79,085		2004	(4)
Carolina Premium Outlets		Smithfield (Raleigh), NC			44,169			3,175			59,863			5,311			7,341			8,486			67,204			75,690			35,141		2004	(4)
Chicago Premium Outlets		Aurora (Chicago), IL			—			659			118,005			13,050			102,843			13,709			220,848			234,557			73,145		2004	(4)
Cincinnati Premium Outlets		Monroe (Cincinnati), OH			—			14,117			71,520			—			4,991			14,117			76,511			90,628			33,752		2008
Clinton Crossing Premium Outlets		Clinton, CT			—			2,060			107,556			1,532			5,201			3,592			112,757			116,349			54,256		2004	(4)
Denver Premium Outlets		Thornton (Denver), CO			—			12,875			45,335			10			78,668			12,885			124,003			136,888			1,785		2018
Desert Hills Premium Outlets		Cabazon (Palm Springs), CA			—			3,440			338,679			—			108,510			3,440			447,189			450,629			160,549		2004	(4)
Edinburgh Premium Outlets		Edinburgh (Indianapolis), IN			—			2,857			47,309			—			17,406			2,857			64,715			67,572			32,847		2004	(4)

Simon Property Group, Inc.

Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

December 31, 2018

(Dollars in thousands)

														Cost Capitalized
														Subsequent to						Gross Amounts At Which											Date of
								Initial Cost (3)						Acquisition (3)						Carried At Close of Period											Construction
											Buildings and						Buildings and						Buildings and						Accumulated		or
Name		Location		Encumbrances (6)				Land			Improvements			Land			Improvements			Land			Improvements			Total (1)			Depreciation (2)		Acquisition
Ellenton Premium Outlets		Ellenton (Tampa), FL		$	178,000		$	15,807		$	182,412		$	—		$	7,174		$	15,807		$	189,586		$	205,393		$	86,680		2010	(4)
Folsom Premium Outlets		Folsom (Sacramento), CA			—			9,060			50,281			—			5,073			9,060			55,354			64,414			29,159		2004	(4)
Gilroy Premium Outlets		Gilroy (San Jose), CA			—			9,630			194,122			—			13,992			9,630			208,114			217,744			95,334		2004	(4)
Grand Prairie Premium Outlets		Grand Prairie (Dallas), TX			114,013			9,497			194,245			—			1,274			9,497			195,519			205,016			42,516		2012
Grove City Premium Outlets		Grove City (Pittsburgh), PA			140,000			6,421			121,880			—			7,510			6,421			129,390			135,811			59,332		2010	(4)
Gulfport Premium Outlets		Gulfport, MS			50,000			—			27,949			—			7,315			—			35,264			35,264			13,730		2010	(4)
Hagerstown Premium Outlets		Hagerstown (Baltimore/Washington, DC), MD			75,951			3,576			85,883			—			3,086			3,576			88,969			92,545			33,195		2010	(4)
Houston Premium Outlets		Cypress (Houston), TX			—			8,695			69,350			—			44,459			8,695			113,809			122,504			46,806		2007
Jackson Premium Outlets		Jackson (New York), NJ			—			6,413			104,013			3			8,473			6,416			112,486			118,902			46,963		2004	(4)
Jersey Shore Premium Outlets		Tinton Falls (New York), NJ			—			15,390			50,979			—			76,170			15,390			127,149			142,539			56,150		2007
Johnson Creek Premium Outlets		Johnson Creek, WI			—			2,800			39,546			—			7,078			2,800			46,624			49,424			20,882		2004	(4)
Kittery Premium Outlets		Kittery, ME			—			11,832			94,994			—			10,289			11,832			105,283			117,115			41,505		2004	(4)
Las Americas Premium Outlets		San Diego, CA			—			45,168			251,878			—			9,369			45,168			261,247			306,415			86,814		2007	(4)
Las Vegas North Premium Outlets		Las Vegas, NV			—			25,435			134,973			16,536			150,374			41,971			285,347			327,318			112,688		2004	(4)
Las Vegas South Premium Outlets		Las Vegas, NV			—			13,085			160,777			—			31,774			13,085			192,551			205,636			76,452		2004	(4)
Lee Premium Outlets		Lee, MA			51,701			9,167			52,212			—			3,487			9,167			55,699			64,866			24,893		2010	(4)
Leesburg Corner Premium Outlets		Leesburg (Washington, DC), VA			—			7,190			162,023			—			8,146			7,190			170,169			177,359			80,158		2004	(4)
Lighthouse Place Premium Outlets		Michigan City (Chicago, IL), IN			—			6,630			94,138			—			10,169			6,630			104,307			110,937			53,431		2004	(4)
Merrimack Premium Outlets		Merrimack, NH			121,753			14,975			118,428			—			3,129			14,975			121,557			136,532			34,503		2012
Napa Premium Outlets		Napa, CA			—			11,400			45,023			—			7,769			11,400			52,792			64,192			24,479		2004	(4)
North Bend Premium Outlets		North Bend (Seattle), WA			—			2,143			36,197			—			5,609			2,143			41,806			43,949			17,534		2004	(4)
North Georgia Premium Outlets		Dawsonville (Atlanta), GA			—			4,300			137,020			—			1,414			4,300			138,434			142,734			61,019		2004	(4)
Orlando International Premium Outlets		Orlando, FL			—			31,998			472,815			—			11,836			31,998			484,651			516,649			149,916		2010	(4)
Orlando Vineland Premium Outlets		Orlando, FL			—			14,040			382,949			36,023			2,193			50,063			385,142			435,205			154,691		2004	(4)
Petaluma Village Premium Outlets		Petaluma (San Francisco), CA			—			13,322			13,710			—			4,038			13,322			17,748			31,070			10,652		2004	(4)
Philadelphia Premium Outlets		Limerick (Philadelphia), PA			—			16,676			105,249			—			21,889			16,676			127,138			143,814			63,823		2006
Phoenix Premium Outlets		Chandler (Phoenix), AZ			—			—			63,082			—			—			—			63,082			63,082			19,033		2013
Pismo Beach Premium Outlets		Pismo Beach, CA			35,360			4,317			19,044			—			2,967			4,317			22,011			26,328			11,157		2010	(4)

Simon Property Group, Inc.

Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

December 31, 2018

(Dollars in thousands)

														Cost Capitalized
														Subsequent to						Gross Amounts At Which											Date of
								Initial Cost (3)						Acquisition (3)						Carried At Close of Period											Construction
											Buildings and						Buildings and						Buildings and						Accumulated		or
Name		Location		Encumbrances (6)				Land			Improvements			Land			Improvements			Land			Improvements			Total (1)			Depreciation (2)		Acquisition
Pleasant Prairie Premium Outlets		Pleasant Prairie (Chicago, IL/Milwaukee), WI		$	145,000		$	16,823		$	126,686		$	—		$	6,685		$	16,823		$	133,371		$	150,194		$	45,896		2010	(4)
Puerto Rico Premium Outlets		Barceloneta, PR			160,000			20,586			114,021			—			6,590			20,586			120,611			141,197			41,964		2010	(4)
Queenstown Premium Outlets		Queenstown (Baltimore), MD			62,119			8,129			61,950			—			5,149			8,129			67,099			75,228			24,600		2010	(4)
Rio Grande Valley Premium Outlets		Mercedes (McAllen), TX			—			12,229			41,547			—			31,748			12,229			73,295			85,524			39,351		2005
Round Rock Premium Outlets		Round Rock (Austin), TX			—			14,706			82,252			—			6,543			14,706			88,795			103,501			47,625		2005
San Francisco Premium Outlets		Livermore (San Francisco), CA			—			21,925			308,694			46,177			75,685			68,102			384,379			452,481			72,985		2012
San Marcos Premium Outlets		San Marcos (Austin/San Antonio), TX			—			13,180			287,179			—			12,120			13,180			299,299			312,479			94,558		2010	(4)
Seattle Premium Outlets		Tulalip (Seattle), WA			—			—			103,722			—			55,069			—			158,791			158,791			68,934		2004	(4)
St. Augustine Premium Outlets		St. Augustine (Jacksonville), FL			—			6,090			57,670			2			11,192			6,092			68,862			74,954			34,709		2004	(4)
Tampa Premium Outlets		Lutz (Tampa), FL			—			14,298			97,188			121			4,947			14,419			102,135			116,554			14,617		2015
The Crossings Premium Outlets		Tannersville, PA			108,225			7,720			172,931			—			18,388			7,720			191,319			199,039			79,224		2004	(4)
Tucson Premium Outlets		Marana (Tucson), AZ			—			12,508			69,677			—			5,573			12,508			75,250			87,758			11,011		2015
Vacaville Premium Outlets		Vacaville, CA			—			9,420			84,850			—			17,665			9,420			102,515			111,935			51,798		2004	(4)
Waikele Premium Outlets		Waipahu (Honolulu), HI			—			22,630			77,316			—			20,655			22,630			97,971			120,601			42,505		2004	(4)
Waterloo Premium Outlets		Waterloo, NY			—			3,230			75,277			—			13,857			3,230			89,134			92,364			43,169		2004	(4)
Williamsburg Premium Outlets		Williamsburg, VA			185,000			10,323			223,789			—			7,445			10,323			231,234			241,557			72,356		2010	(4)
Woodburn Premium Outlets		Woodburn (Portland), OR			—			9,414			150,414			—			2,556			9,414			152,970			162,384			35,847		2013	(4)
Woodbury Common Premium Outlets		Central Valley (New York), NY			—			11,110			862,559			1,658			242,457			12,768			1,105,016			1,117,784			386,969		2004	(4)
Wrentham Village Premium Outlets		Wrentham (Boston), MA			—			4,900			282,031			—			16,054			4,900			298,085			302,985			129,941		2004	(4)
The Mills
Arizona Mills		Tempe (Phoenix), AZ			152,911			41,936			297,289			—			13,233			41,936			310,522			352,458			53,789		2007	(4) (5)
Great Mall		Milpitas (San Jose), CA			—			69,853			463,101			—			53,937			69,853			517,038			586,891			118,149		2007	(4) (5)
Gurnee Mills		Gurnee (Chicago), IL			264,582			41,133			297,911			—			27,761			41,133			325,672			366,805			77,680		2007	(4) (5)
Mills at Jersey Gardens, The		Elizabeth, NJ			350,000			120,417			865,605			—			16,258			120,417			881,863			1,002,280			133,622		2015	(4)
Opry Mills		Nashville, TN			375,000			51,000			327,503			—			16,256			51,000			343,759			394,759			80,730		2007	(4) (5)
Outlets at Orange, The		Orange (Los Angeles), CA			215,000			65,516			211,322			—			1,393			65,516			212,715			278,231			2,028		2007	(4) (5)
Potomac Mills		Woodbridge (Washington, DC), VA			416,000			61,755			425,370			—			36,909			61,755			462,279			524,034			115,348		2007	(4) (5)
Sawgrass Mills		Sunrise (Miami), FL			—			194,002			1,641,153			5,395			178,168			199,397			1,819,321			2,018,718			402,390		2007	(4) (5)

Simon Property Group, Inc.

Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

December 31, 2018

(Dollars in thousands)

													Cost Capitalized
													Subsequent to						Gross Amounts At Which												Date of
								Initial Cost (3)					Acquisition (3)						Carried At Close of Period												Construction
										Buildings and						Buildings and						Buildings and						Accumulated			or
Name		Location		Encumbrances (6)				Land		Improvements			Land			Improvements			Land			Improvements			Total (1)			Depreciation (2)			Acquisition
Designer Outlets
La Reggia Designer Outlet		Marcianise (Naples), Italy		$	148,133		$	37,220		$	233,179		$	—		$	5,742		$	37,220		$	238,921		$	276,141		$	27,147		2013	(4) (5) (7)
Noventa Di Piave Designer Outlet		Venice, Italy			297,566			38,793			309,284			—			40,462			38,793			349,746			388,539			34,041		2013	(4) (5) (7)
Parndorf Designer Outlet		Vienna, Austria			105,293			14,903			221,442			—			3,918			14,903			225,360			240,263			31,851		2013	(4) (5) (7)
Provence Designer Outlet		Provence, France			93,020			38,467			75,102			—			—			38,467			75,102			113,569			9,983		2017	(4) (5) (7)
Roermond Designer Outlet		Roermond, Netherlands			263,232			15,035			400,094			—			3,735			15,035			403,829			418,864			54,243		2013	(4) (5) (7)
Rosada Designer Outlet		Roosendaal, Netherlands			66,523			22,191			108,069			—			1,672			22,191			109,741			131,932			8,980		2017	(4) (5) (7)
Community Centers
ABQ Uptown		Albuquerque, NM			—			6,374			75,333			4,054			7,087			10,428			82,420			92,848			23,653		2011	(4)
University Park Village		Fort Worth, TX			55,000			18,031			100,523			—			4,827			18,031			105,350			123,381			14,774		2015	(4)
Other Properties
Calhoun Marketplace		Calhoun, GA			18,670			1,745			12,529			—			2,325			1,745			14,854			16,599			8,976		2010	(4)
Florida Keys Outlet Center		Florida City, FL			17,000			1,112			1,748			—			3,992			1,112			5,740			6,852			2,974		2010	(4)
Gaffney Marketplace		Gaffney (Greenville/Charlotte), SC			30,159			4,056			32,371			—			6,103			4,056			38,474			42,530			17,356		2010	(4)
Lebanon Marketplace		Lebanon (Nashville), TN			—			1,758			10,189			—			271			1,758			10,460			12,218			7,011		2010	(4)
Liberty Village Marketplace		Flemington (New York), NJ			—			5,670			28,904			—			2,345			5,670			31,249			36,919			30,373		2004	(4)
Lincoln Plaza		King of Prussia (Philadelphia), PA			—			—			21,299			—			10,999			—			32,298			32,298			15,234		2003	(4)
Orlando Outlet Marketplace		Orlando, FL			—			3,367			1,557			—			2,990			3,367			4,547			7,914			2,229		2010	(4)
Osage Beach Marketplace		Osage Beach, MO			—			9,460			85,804			—			8,595			9,460			94,399			103,859			49,744		2004	(4)
Other pre-development costs					—			80,718			80,172			959			—			81,677			80,172			161,849			78
Other					—			2,615			7,103			—			—			2,615			7,103			9,718			7,151
Currency Translation Adjustment					—			7,794			24,126			—			29,580			7,794			53,706			61,500			(14,925)
				$	6,844,662		$	3,321,044		$	25,018,405		$	351,979		$	7,976,532		$	3,673,023		$	32,994,937		$	36,667,960		$	12,632,690

Simon Property Group, Inc.

Simon Property Group, L.P.

Notes to Schedule III as of December 31, 2018

(Dollars in thousands)

	(1)		Reconciliation of Real Estate Properties:

The changes in real estate assets for the years ended December 31, 2018, 2017, and 2016 are as follows:

		2018			2017			2016
Balance, beginning of year		$	36,014,506		$	34,897,942		$	33,132,885
Acquisitions and consolidations (7)			328,265			328,621			1,331,511
Improvements			758,135			731,863			658,734
Disposals and deconsolidations			(357,622)			(125,499)			(180,433)
Currency Translation Adjustment			(75,324)			181,579			(44,755)
Balance, close of year		$	36,667,960		$	36,014,506		$	34,897,942

The unaudited aggregate cost of domestic consolidated real estate assets for U.S. federal income tax purposes as of December 31, 2018 was $20,963,919.

	(2)		Reconciliation of Accumulated Depreciation:

The changes in accumulated depreciation for the years ended December 31, 2018, 2017, and 2016 are as follows:

		2018			2017			2016
Balance, beginning of year		$	11,704,223		$	10,664,738		$	9,696,420
Depreciation expense (7)			1,106,053			1,121,863			1,089,347
Disposals and deconsolidations			(190,241)			(81,187)			(117,568)
Currency Translation Adjustment			12,655			(1,191)			(3,461)
Balance, close of year		$	12,632,690		$	11,704,223		$	10,664,738

Depreciation of our investment in buildings and improvements reflected in the consolidated statements of operations and comprehensive income is calculated over the estimated original lives of the assets as noted below.

	·		Buildings and Improvements — typically 10‑35 years for the structure, 15 years for landscaping and parking lot, and 10 years for HVAC equipment.

	·		Tenant Allowances and Improvements — shorter of lease term or useful life.

	(3)		Initial cost generally represents net book value at December 20, 1993, except for acquired properties and new developments after December 20, 1993. Initial cost also includes any new developments that are opened during the current year. Costs of disposals and impairments of property are first reflected as a reduction to cost capitalized subsequent to acquisition.

	(4)		Not developed/constructed by us or our predecessors. The date of construction represents the initial acquisition date for assets in which we have acquired multiple interests.

	(5)		Initial cost for these properties is the cost at the date of consolidation for properties previously accounted for under the equity method of accounting.

	(6)		Encumbrances represent face amount of mortgage debt and exclude any premiums or discounts and deferred financing costs.

	(7)		Represents the original cost and does not include subsequent currency translation adjustments.