XML 15 R48.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Note 4 - Investments and Advances in Real Estate Joint Ventures (Detail) - Joint Venture Investments Accounted for Under the Equity Method - Investment Details (USD $) In Millions, unless otherwise specified | Mar. 31, 2013 sqft | Dec. 31, 2012 sqft
--- | --- | ---
Total GLA (in Square Feet) | 1,063,000 | [1] |  |
KimPru and KimPru II [Member] |  |  |  |
Average Ownership Interest | 15.00% | [2],[3] | 15.00% | [2],[3]
Number of Properties | 61 | [2],[3] | 61 | [2],[3]
Total GLA (in Square Feet) | 10,700,000 | [2],[3] | 10,700,000 | [2],[3]
Gross Investment In Real Estate | $ 2,733.0 | [2],[3] | $ 2,744.9 | [2],[3]
The Company's Investment | 170.2 | [2],[3] | 170.1 | [2],[3]
Kimco Income Opportunity Portfolio (“KIR”) [Member] |  |  |  |
Average Ownership Interest | 45.00% | [2] | 45.00% | [2]
Number of Properties | 58 | [2] | 58 | [2]
Total GLA (in Square Feet) | 12,400,000 | [2] | 12,400,000 | [2]
Gross Investment In Real Estate | 1,544.3 | [2] | 1,543.2 | [2]
The Company's Investment | 140.5 | [2] | 140.3 | [2]
UBS Programs [Member] |  |  |  |
Average Ownership Interest | 17.90% | [2],[4],[5] | 17.90% | [2],[4],[5]
Number of Properties | 39 | [2],[4],[5] | 40 | [2],[4],[5]
Total GLA (in Square Feet) | 5,600,000 | [2],[4],[5] | 5,700,000 | [2],[4],[5]
Gross Investment In Real Estate | 1,260.1 | [2],[4],[5] | 1,260.1 | [2],[4],[5]
The Company's Investment | 58.0 | [2],[4],[5] | 58.4 | [2],[4],[5]
BIG Shopping Centers [Member] |  |  |  |
Average Ownership Interest | 37.90% | [2],[4] | 37.70% | [2],[4]
Number of Properties | 21 | [2],[4] | 22 | [2],[4]
Total GLA (in Square Feet) | 3,400,000 | [2],[4] | 3,600,000 | [2],[4]
Gross Investment In Real Estate | 518.4 | [2],[4] | 547.7 | [2],[4]
The Company's Investment | 32.4 | [2],[4] | 31.3 | [2],[4]
The Canada Pension Plan Investment Board (“CPP”) [Member] |  |  |  |
Average Ownership Interest | 55.00% | [2] | 55.00% | [2]
Number of Properties | 6 | [2] | 6 | [2]
Total GLA (in Square Feet) | 2,400,000 | [2] | 2,400,000 | [2]
Gross Investment In Real Estate | 436.0 | [2] | 436.1 | [2]
The Company's Investment | 148.7 | [2] | 149.5 | [2]
Kimco Income Fund [Member] |  |  |  |
Average Ownership Interest | 29.80% | [2],[6] | 15.20% | [2],[6]
Number of Properties | 12 | [2],[6] | 12 | [2],[6]
Total GLA (in Square Feet) | 1,500,000 | [2],[6] | 1,500,000 | [2],[6]
Gross Investment In Real Estate | 287.3 | [2],[6] | 287.0 | [2],[6]
The Company's Investment | 32.2 | [2],[6] | 12.3 | [2],[6]
SEB Immobilien [Member] |  |  |  |
Average Ownership Interest | 15.00% | [2] | 15.00% | [2]
Number of Properties | 13 | [2] | 13 | [2]
Total GLA (in Square Feet) | 1,800,000 | [2] | 1,800,000 | [2]
Gross Investment In Real Estate | 361.4 | [2] | 361.2 | [2]
The Company's Investment | 1.3 | [2] | 1.5 | [2]
Other Institutional Programs [Member] |  |  |  |
Average Ownership Interest |  | [2],[7] |  | [2],[7]
Number of Properties | 57 | [2],[7] | 58 | [2],[7]
Total GLA (in Square Feet) | 2,500,000 | [2],[7] | 2,600,000 | [2],[7]
Gross Investment In Real Estate | 451.6 | [2],[7] | 499.2 | [2],[7]
The Company's Investment | 16.9 | [2],[7] | 21.3 | [2],[7]
RioCan [Member] |  |  |  |
Average Ownership Interest | 50.00% |  | 50.00% |
Number of Properties | 45 |  | 45 |
Total GLA (in Square Feet) | 9,300,000 |  | 9,300,000 |
Gross Investment In Real Estate | 1,349.3 |  | 1,379.3 |
The Company's Investment | 103.5 |  | 111.0 |
Intown [Member] |  |  |  |
Average Ownership Interest |  | [8] |  | [8]
Number of Properties | 138 | [8] | 138 | [8]
Total GLA (in Square Feet) |  | [8] |  | [8]
Gross Investment In Real Estate | 844.1 | [8] | 841.0 | [8]
The Company's Investment | 83.1 | [8] | 86.9 | [8]
Latin America [Member] |  |  |  |
Number of Properties | 131 |  | 131 |
Total GLA (in Square Feet) | 18,000,000 |  | 18,000,000 |
Gross Investment In Real Estate | 1,192.2 |  | 1,198.1 |
The Company's Investment | 342.6 |  | 334.2 |
Other Joint Venture Programs [Member] |  |  |  |
Average Ownership Interest |  | [10],[9] |  | [10],[9]
Number of Properties | 86 | [10],[9] | 87 | [10],[9]
Total GLA (in Square Feet) | 13,100,000 | [10],[9] | 13,200,000 | [10],[9]
Gross Investment In Real Estate | 1,819.4 | [10],[9] | 1,846.7 | [10],[9]
The Company's Investment | 312.8 | [10],[9] | 311.4 | [10],[9]
Total [Member] |  |  |  |
Number of Properties | 667 |  | 671 |
Total GLA (in Square Feet) | 80,700,000 |  | 81,200,000 |
Gross Investment In Real Estate | 12,797.1 |  | 12,944.5 |
The Company's Investment | $ 1,442.2 |  | $ 1,428.2 |
[1] | Gross leasable area ("GLA")
[2] | The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees.
[3] | This venture represents four separate joint ventures, with four separate accounts managed by Prudential Real Estate Investors ("PREI"), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II.
[4] | Ownership % is a blended rate
[5] | During the three months ended March 31, 2013, UBS sold an operating property to the Company for a sales price of $32.7 million, which was equal to the remaining debt balance. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. As such the Company recognized no gain or loss from the fair value adjustment associated with it's the Company's original ownership due to a change in control and now consolidates this operating property.
[6] | During the three months ended March 31, 2013, the Company purchased an additional 14.49% interest in Kimco Income Fund for $19.9 million.
[7] | During the three months ended March 31, 2013, a joint venture in which the Company held a noncontrolling interest sold an operating property to the Company for a sales price of $14.2 million. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. As such the Company recognized a gain of $0.5 million from the fair value adjustment associated with the Company's original ownership due to a change in control and now consolidates this operating property.
[8] | The Company's share of this investment is subject to fluctuation and is dependent upon property cash flows.
[9] | During the three months ended March 31, 2013, a joint venture in which the Company held a noncontrolling interest sold an operating property to the Company for a sales price of $98.0 million. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance. As such, the Company recognized a gain of $22.7 million, before income tax, from the fair value adjustment associated with its original ownership due to a change in control and now consolidates this operating property.
[10] | During the three months ended March 31, 2013, the Company amended one of its Canadian preferred equity investment agreements to restructure the investment as a pari passu joint venture in which the Company holds a noncontrolling interest. As a result of this transaction, the Company continues to account for its investment in this joint venture under the equity method of accounting and includes this investment in Investments and advances to real estate joint ventures within the Company's Condensed Consolidated Balance Sheets.

X
- Definition No authoritative reference available. + References No definition available. + Details
Name: | kim_GrossLeasableArea
Namespace Prefix: | kim_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 18 -Subparagraph f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 -Subparagraph a (1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Gross amount of real estate as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28.4) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 28 -Article 12 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule III) -URI http://asc.fasb.org/extlink&oid=6882300&loc=d3e5864-122674 + Details
Name: | us-gaap_RealEstateGrossAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of real estate investments, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; (7) other real estate investments; (8) real estate joint ventures; and (9) unconsolidated real estate and other joint ventures not separately presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(d)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Subparagraph d -Article 7 + Details
Name: | us-gaap_RealEstateInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant