XML 60 R44.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 7 - Investment and Advances in Real Estate Joint Ventures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Note 7 - Investment and Advances in Real Estate Joint Ventures (Tables) [Line Items] |
Equity Method Investments [Table Text Block] |
|  | As of December 31, 201 5 |  |  | As of December 31, 201 4 |
Venture |  | Average Ownership Interest |  |  | Number of Properties |  |  | GLA |  |  | Gross Real Estate |  |  | The Company's Investment |  |  | Average Ownership Interest |  |  | Number of Properties |  |  | GLA |  |  | Gross Real Estate |  |  | The Company's Investment |
Prudential Investment Program (“KimPru” and “KimPru II”) (1) (2) |  |  | 15.0% |  |  |  | 53 |  |  |  | 9.6 |  |  | $ | 2,531.6 |  |  | $ | 175.5 |  |  |  | 15.0% |  |  |  | 60 |  |  |  | 10.6 |  |  | $ | 2,728.9 |  |  | $ | 178.6 |
Kimco Income Opportunity Portfolio (“KIR”) (2) |  |  | 48.6% |  |  |  | 47 |  |  |  | 10.8 |  |  |  | 1,422.8 |  |  |  | 131.0 |  |  |  | 48.6% |  |  |  | 54 |  |  |  | 11.5 |  |  |  | 1,488.2 |  |  |  | 152.1 |
Kimstone (2) (3) |  |  | 33.3% |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 33.3% |  |  |  | 39 |  |  |  | 5.6 |  |  |  | 1,098.7 |  |  |  | 98.1 |
BIG Shopping Centers (2) |  |  | 50.1% |  |  |  | 1 |  |  |  | 0.4 |  |  |  | 53.5 |  |  |  | - |  |  |  | 50.1% |  |  |  | 6 |  |  |  | 1.0 |  |  |  | 151.6 |  |  |  | - |
Canada Pension Plan Investment Board(“CPP”) (2) (4) |  |  | 55.0% |  |  |  | 7 |  |  |  | 2.4 |  |  |  | 524.1 |  |  |  | 195.6 |  |  |  | 55.0% |  |  |  | 7 |  |  |  | 2.4 |  |  |  | 504.0 |  |  |  | 188.9 |
Other Institutional Programs (2) |  |  | Various |  |  |  | 8 |  |  |  | 1.1 |  |  |  | 248.0 |  |  |  | 5.2 |  |  |  | Various |  |  |  | 53 |  |  |  | 1.8 |  |  |  | 413.8 |  |  |  | 11.0 |
RioCan |  |  | 50.0% |  |  |  | 13 |  |  |  | 2.4 |  |  |  | 259.3 |  |  |  | 53.3 |  |  |  | 50.0% |  |  |  | 45 |  |  |  | 9.3 |  |  |  | 1,205.8 |  |  |  | 159.8 |
Latin America (5) |  |  | Various |  |  |  | 9 |  |  |  | - |  |  |  | 53.2 |  |  |  | 15.0 |  |  |  | Various |  |  |  | 13 |  |  |  | 0.1 |  |  |  | 91.2 |  |  |  | 24.4 |
Other Joint Venture Programs |  |  | Various |  |  |  | 53 |  |  |  | 8.7 |  |  |  | 1,165.6 |  |  |  | 167.0 |  |  |  | Various |  |  |  | 60 |  |  |  | 9.5 |  |  |  | 1,401.2 |  |  |  | 224.3 |
Total |  |  |  |  |  |  | 191 |  |  |  | 35.4 |  |  | $ | 6,258.1 |  |  | $ | 742.6 |  |  |  |  |  |  |  | 337 |  |  |  | 51.8 |  |  | $ | 9,083.4 |  |  | $ | 1,037.2 |
Summary of Properties and Land Parcel Disposed of [Table Text] Block |
|  | Year Ended December 31, 2015 |
|  | Number of properties |  |  | Number of land parcels |  |  | Aggregate sales price (in millions) |
KimPru and KimPru II |  |  | 7 |  |  |  | 1 |  |  | $ | 143.5 |
KIR |  |  | 5 |  |  |  | - |  |  | $ | 84.6 |
BIG Shopping Centers |  |  | 4 |  |  |  | - |  |  | $ | 75.0 |
Other Institutional Programs (1) |  |  | 44 |  |  |  | - |  |  | $ | 171.5 |
RioCan (3) |  |  | 32 |  |  |  | 1 |  |  | $ | 1,390.4 |
Latin America |  |  | 4 |  |  |  | 9 |  |  | $ | 16.2 |
Other Joint Venture Programs (2) |  |  | 6 |  |  |  | - |  |  | $ | 123.7 |
|  | Year Ended December 31, 2014 |
|  | Number of properties |  |  | Number of land parcels |  |  | Aggregate sales price (in millions) |
KIR |  |  | 3 |  |  |  | - |  |  | $ | 19.7 |
BIG Shopping Centers (1) |  |  | 15 |  |  |  | - |  |  | $ | 166.6 |
Other Institutional Programs (2) |  |  | 28 |  |  |  | - |  |  | $ | 846.6 |
Latin America |  |  | 14 |  |  |  | - |  |  | $ | 324.5 |
Other Joint Venture Programs (3) |  |  | 19 |  |  |  | - |  |  | $ | 252.0 |
|  | Year Ended December 31, 2013 |
|  | Number of properties |  |  | Number of land parcels |  |  | Aggregate sales price (in millions) |
KimPru and KimPru II (1) |  |  | 1 |  |  |  | - |  |  | $ | 15.8 |
KIR |  |  | 1 |  |  |  | - |  |  | $ | 30.0 |
Other Institutional Programs (2) |  |  | 2 |  |  |  | - |  |  | $ | 46.9 |
Latin America |  |  | 104 |  |  |  | - |  |  | $ | 945.4 |
Other Joint Venture Programs (3) |  |  | 9 |  |  |  | - |  |  | $ | 1,095.9 |
Joint Venture Investments Accounted for Under the Equity Method Debt Details [Table Text Block] |
|  | As of December 31, 2015 |  |  | As of December 31, 2014 |
Venture |  | Mortgages and Notes Payable |  |  | Average Interest Rate |  |  | Average Remaining Term (months)** |  |  | Mortgages a nd Notes Payable |  |  | Average Interest Rate |  |  | Average Remaining Term (months)** |
KimPru and KimPru II |  | $ | 777.1 |  |  |  | 5.54 | % |  |  | 12.6 |  |  | $ | 920.0 |  |  |  | 5.53 | % |  |  | 23.0 |
KIR |  |  | 811.6 |  |  |  | 4.64 | % |  |  | 62.3 |  |  |  | 860.7 |  |  |  | 5.04 | % |  |  | 61.9 |
Kimstone |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 701.3 |  |  |  | 4.45 | % |  |  | 28.7 |
BIG Shopping Centers |  |  | 54.5 |  |  |  | 5.45 | % |  |  | 10.1 |  |  |  | 144.6 |  |  |  | 5.52 | % |  |  | 22.0 |
CPP |  |  | 109.9 |  |  |  | 5.25 | % |  |  | 3.5 |  |  |  | 112.0 |  |  |  | 5.05 | % |  |  | 10.1 |
Other Institutional Programs |  |  | 163.9 |  |  |  | 4.74 | % |  |  | 24.0 |  |  |  | 272.9 |  |  |  | 5.21 | % |  |  | 23.5 |
RioCan |  |  | 87.5 |  |  |  | 5.02 | % |  |  | 11.0 |  |  |  | 640.5 |  |  |  | 4.29 | % |  |  | 39.9 |
Other Joint Venture Programs |  |  | 794.6 |  |  |  | 5.26 | % |  |  | 47.6 |  |  |  | 921.9 |  |  |  | 5.31 | % |  |  | 58.6 |
Total |  | $ | 2,799.1 |  |  |  |  |  |  |  |  |  |  | $ | 4,573.9 |  |  |  |  |  |  |  |  |
Investments in and Advances to Affiliates [Table Text Block] |
|  | December 31, |
|  | 2015 |  |  | 2014 |
Assets: |  |  |  |  |  |  |  |
Real estate, net |  | $ | 4,855.5 |  |  | $ | 7,422.0 |
Other assets |  |  | 252.2 |  |  |  | 312.6 |
|  | $ | 5,107.7 |  |  | $ | 7,734.6 |
Liabilities and Partners’/Members’ Capital: |  |  |  |  |  |  |  |
Notes and mortgages payable |  | $ | 2,770.1 |  |  | $ | 4,553.1 |
Construction loans |  |  | 29.0 |  |  |  | 21.0 |
Other liabilities |  |  | 16.2 |  |  |  | 120.5 |
Noncontrolling interests |  |  | 92.5 |  |  |  | 21.4 |
Partners’/Members’ capital |  |  | 2,199.9 |  |  |  | 3,018.6 |
|  | $ | 5,107.7 |  |  | $ | 7,734.6 |
Schedule of Investments in and Advances to Affiliates, Schedule of Investments [Table Text Block] |
|  | Year Ended December 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Revenues from rental property |  | $ | 842.5 |  |  | $ | 1,059.9 |  |  | $ | 1,280.2 |
Operating expenses |  |  | (265.9 | ) |  |  | (333.5 | ) |  |  | (410.3 | )
Interest expense |  |  | (202.8 | ) |  |  | (247.3 | ) |  |  | (316.4 | )
Depreciation and amortization |  |  | (191.9 | ) |  |  | (260.0 | ) |  |  | (298.8 | )
Impairment charges |  |  | (63.4 | ) |  |  | (23.1 | ) |  |  | (32.3 | )
Other income/(expense), net |  |  | 4.4 |  |  |  | (14.4 | ) |  |  | (16.2 | )
|  |  | (719.6 | ) |  |  | (878.3 | ) |  |  | (1,074.0 | )
Income from continuing operations |  |  | 122.9 |  |  |  | 181.6 |  |  |  | 206.2 |
Discontinued Operations: |  |  |  |  |  |  |  |  |  |  |  |
Income from discontinued operations |  |  | - |  |  |  | 2.8 |  |  |  | 14.1 |
Impairment on dispositions of properties |  |  | - |  |  |  | (3.8 | ) |  |  | (14.8 | )
Gain on dispositions of properties |  |  | - |  |  |  | 471.1 |  |  |  | 229.5 |
|  |  | - |  |  |  | 470.1 |  |  |  | 228.8 |
Gain on sale of operating properties |  |  | 1,166.7 |  |  |  | - |  |  |  | - |
Net income |  | $ | 1,289.6 |  |  | $ | 651.7 |  |  | $ | 435.0 |
Income [Member] |
Note 7 - Investment and Advances in Real Estate Joint Ventures (Tables) [Line Items] |
Equity Method Investments [Table Text Block] |
|  | Year E nded December 31, |
|  | 201 5 |  |  | 201 4 |  |  | 201 3 |
KimPru and KimPru II (1) (4) |  | $ | 7.1 |  |  | $ | 8.1 |  |  | $ | 9.1 |
KIR (5) |  |  | 41.0 |  |  |  | 26.5 |  |  |  | 25.3 |
Kimstone |  |  | 0.7 |  |  |  | 2.0 |  |  |  | 3.6 |
BIG Shopping Centers (9) |  |  | 2.4 |  |  |  | 22.5 |  |  |  | 3.0 |
CPP |  |  | 9.6 |  |  |  | 7.1 |  |  |  | 5.8 |
Other Institutional Programs |  |  | 1.6 |  |  |  | 4.3 |  |  |  | 7.6 |
RioCan |  |  | 399.4 |  |  |  | 30.6 |  |  |  | 27.6 |
Latin America (6) (8) |  |  | (0.7 | ) |  |  | (3.8 | ) |  |  | 103.1 |
Other Joint Venture Programs (2) (3) (7) |  |  | 19.3 |  |  |  | 62.3 |  |  |  | 23.6 |
Total |  | $ | 480.4 |  |  | $ | 159.6 |  |  | $ | 208.7 |

X
- References No definition available. + Details
Name: | kim_JointVentureInvestmentsAccountedForUnderTheEquityMethodDebtDetailsTableTextBlock
Namespace Prefix: | kim_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | kim_Note7InvestmentandAdvancesinRealEstateJointVenturesTablesLineItems
Namespace Prefix: | kim_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of properties and parcels disposed of through the Company's real estate joint venture partners. + References No definition available. + Details
Name: | kim_SummaryOfPropertiesAndLandParcelDisposedOfTableTextBlock
Namespace Prefix: | kim_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investments in and advances to affiliates. Does not include the tabular disclosure of the disaggregation of investments in and advances to affiliates across legal entities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14) -URI http://asc.fasb.org/extlink&oid=50485924&loc=d3e611322-123010 + Details
Name: | us-gaap_InvestmentsInAndAdvancesToAffiliatesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfInvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentsInAndAdvancesToAffiliatesCategorizationAxis=kim_IncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |