XML 25 R15.htm IDEA: XBRL DOCUMENT v3.25.2

INVESTMENT REAL ESTATE AND REAL ESTATE PARTNERSHIPS

6 Months Ended

Jun. 30, 2025

Real Estate [Abstract]

INVESTMENT REAL ESTATE AND REAL ESTATE PARTNERSHIPS

INVESTMENT REAL ESTATE AND REAL ESTATE PARTNERSHIPS

The carrying amounts of investment real estate, net of accumulated depreciation, and real estate partnerships by property-type are as follows:

AS OF JUN. 30, 2025 US$ MILLIONS, EXCEPT FOR PERCENTAGES						Investment real estate(1)												Real estate partnerships
						Amount						Percentage						Amount						Percentage
Hotel						$	135					5		%				$	97					2		%
Industrial						58						2		%				77						2		%
Land						492						19		%				37						1		%
Office						305						12		%				1,924						45		%
Retail						211						8		%				1,497						36		%
Apartments						46						2		%				411						10		%
Single family residential						1,330						51		%				—						—		%
Other						16						1		%				162						4		%
Total						$	2,593					100		%				$	4,205					100		%

AS OF DEC. 31, 2024 US$ MILLIONS, EXCEPT FOR PERCENTAGES						Investment real estate(1)												Real estate partnerships
						Amount						Percentage						Amount						Percentage
Hotel						$	135					6		%				$	108					3		%
Industrial						14						1		%				83						2		%
Land						288						11		%				35						1		%
Office						338						14		%				2,090						61		%
Retail						186						8		%				705						21		%
Apartments						47						2		%				267						8		%
Single family residential						1,343						57		%				—						—		%
Other						15						1		%				150						4		%
Total						$	2,366					100		%				$	3,438					100		%

__________________________

(1)Investment real estate for single family residential property is fair valued as a result of consolidation of investment company VIE in accordance with ASC 946.

As of June 30, 2025, $13 million of real estate investments met the criteria as held-for-sale (December 31, 2024 – $12 million).

X

- References

No definition available.

+ Details

Name:	us-gaap_RealEstateAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 974
-SubTopic 720
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477728/974-720-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 976
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/976/tableOfContent

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 978
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/978/tableOfContent

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 970
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/970/tableOfContent

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 972
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/972/tableOfContent

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 974
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/974/tableOfContent

+ Details

Name:	us-gaap_RealEstateDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration