XML 101 R89.htm IDEA: XBRL DOCUMENT
v3.22.4

EQUITY ACCOUNTED INVESTMENTS - Schedule of Assets and Liabilities of Joint Ventures and Associates (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Investments |  |
Non-current assets | $ 105,430 | $ 96,569
Non-current liabilities | 46,598 | 46,352
Other |  |
Investments |  |
Current assets | 183 | 180
Non-current assets | 2,705 | 1,253
Current liabilities | 109 | 81
Non-current liabilities | 1,057 | 796
Net assets | 1,722 | 556
Associates |  |
Investments |  |
Current assets | 183 | 180
Non-current assets | 2,705 | 1,253
Current liabilities | 109 | 81
Non-current liabilities | 1,057 | 796
Net assets | 1,722 | 556
London Mixed-use District |  |
Investments |  |
Current assets | 879 | 1,276
Non-current assets | 11,709 | 13,213
Current liabilities | 972 | 1,242
Non-current liabilities | 5,232 | 6,187
Net assets | 6,384 | 7,060
Midtown New York Mixed-use Complex |  |
Investments |  |
Current assets | 198 | 229
Non-current assets | 8,132 | 8,434
Current liabilities | 276 | 153
Non-current liabilities | 3,558 | 4,231
Net assets | 4,496 | 4,279
U.S. Retail JV Pool A |  |
Investments |  |
Current assets | 158 | 249
Non-current assets | 5,777 | 5,763
Current liabilities | 253 | 122
Non-current liabilities | 1,985 | 2,269
Net assets | 3,697 | 3,621
Honolulu Shopping Center |  |
Investments |  |
Current assets | 100 | 131
Non-current assets | 5,352 | 5,695
Current liabilities | 40 | 52
Non-current liabilities | 2,397 | 1,895
Net assets | 3,015 | 3,879
U.S. Retail JV Pool B |  |
Investments |  |
Current assets | 210 | 353
Non-current assets | 5,587 | 5,508
Current liabilities | 1,348 | 231
Non-current liabilities | 2,230 | 3,396
Net assets | 2,219 | 2,234
U.S. Retail JV Pool C |  |
Investments |  |
Current assets | 43 | 52
Non-current assets | 2,219 | 2,100
Current liabilities | 45 | 44
Non-current liabilities | 663 | 669
Net assets | 1,554 | 1,439
Bryant Park Office Tower |  |
Investments |  |
Current assets | 67 | 73
Non-current assets | 2,636 | 2,593
Current liabilities | 23 | 20
Non-current liabilities | 1,240 | 1,238
Net assets | 1,440 | 1,408
Las Vegas Mall A |  |
Investments |  |
Current assets | 22 | 23
Non-current assets | 2,231 | 2,538
Current liabilities | 16 | 19
Non-current liabilities | 833 | 829
Net assets | 1,404 | 1,713
U.S. Retail JV Pool D |  |
Investments |  |
Current assets | 28 | 40
Non-current assets | 1,833 | 1,763
Current liabilities | 508 | 49
Non-current liabilities | 0 | 471
Net assets | 1,353 | 1,283
Las Vegas Mall B |  |
Investments |  |
Current assets | 22 | 56
Non-current assets | 2,220 | 1,867
Current liabilities | 15 | 40
Non-current liabilities | 979 | 974
Net assets | 1,248 | 909
Other |  |
Investments |  |
Current assets | 1,912 | 1,827
Non-current assets | 25,951 | 27,422
Current liabilities | 3,283 | 1,861
Non-current liabilities | 10,603 | 11,866
Net assets | 13,977 | 15,522
Joint ventures |  |
Investments |  |
Current assets | 3,639 | 4,309
Non-current assets | 73,647 | 76,896
Current liabilities | 6,779 | 3,833
Non-current liabilities | 29,720 | 34,025
Net assets | 40,787 | 43,347
Joint ventures | Associates |  |
Investments |  |
Current assets | 3,822 | 4,489
Non-current assets | 76,352 | 78,149
Current liabilities | 6,888 | 3,914
Non-current liabilities | 30,777 | 34,821
Net assets | $ 42,509 | $ 43,903

X
- Definition The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B12 -Subparagraph b -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B12_b_i&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B10 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 66 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_66&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_CurrentAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period. Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B12 -Subparagraph b -Clause iii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B12_b_iii&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B10 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 69 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_69&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_CurrentLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfJointVenturesLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of assets less the amount of liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 1 -IssueDate 2022-03-24 -Paragraph IG63 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2022-en-r&anchor=para_IG63&doctype=Implementation%20Guidance -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_NetAssetsLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of assets that do not meet the definition of current assets. [Refer: Current assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B12 -Subparagraph b -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B12_b_ii&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B10 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 66 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_66&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_NoncurrentAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B12 -Subparagraph b -Clause iv -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B12_b_iv&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph B10 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 69 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_69&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_NoncurrentLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AggregatedIndividuallyImmaterialAssociatesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_LondonMixedUseDistrictMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_MidtownNewYorkMixedUseComplexMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_USRetailJVPoolAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_HonoluluShoppingCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_USRetailJVPoolBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_USRetailJVPoolCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_BryantParkOfficeTowerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_LasVegasMallAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_USRetailJVPoolDMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=bpy_LasVegasMallBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=ifrs-full_AggregatedIndividuallyImmaterialJointVenturesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |