Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P. (Operating Partnership), is the Company's majority-owned partnership subsidiary that owns all of its real estate properties and other assets. It owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills branded outlets, and community/lifestyle centers. As of December 31, 2013, it owned or held an interest in 308 income-producing properties in the United States, which consisted of 156 malls, 66 Premium Outlets, 62 community/lifestyle centers, 13 Mills and 11 other shopping centers in 38 states and Puerto Rico. It owns nine Premium Outlets in Japan, three Premium Outlets in South Korea, one Premium Outlet in Canada, one Premium Outlet in Mexico, and one Premium Outlet in Malaysia. It also owns Jersey Gardens in Elizabeth, New Jersey, and University Park Village in Fort Worth, Texas.