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PROPERTY TRANSACTIONS, NET - Additional Information (Details) $ in Millions | 12 Months Ended
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Dec. 31, 2021 USD ($)
Property, Plant and Equipment [Line Items] |
Additional contingent consideration payable | $ 29
Other |
Property, Plant and Equipment [Line Items] |
Equity method investment, other than temporary impairment | 22
Collections, including work of art and historical treasure |
Property, Plant and Equipment [Line Items] |
Gain on sale of art | $ 76

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- Definition This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481664/323-10-45-1 + Details
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