XML 75 R55.htm IDEA: XBRL DOCUMENT v3.6.0.2

Note 22 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Book to Tax Reconciliation [Table Text Block]

		201 6				201 5				201 4
		(Estimated)				(Actual)				(Actual)
GAAP net income attributable to the Company		$	378,850			$	894,115			$	424,001
GAAP net loss/(income) of taxable REIT Subsidiaries			2,414				(6,073	)			(13,110	)
GAAP net income from REIT operations (a)			381,264				888,042				410,891
Net book depreciation in excess of tax depreciation			73,409				21,515				24,890
Capitalized leasing/legal commissions			(11,894	)			(14,246	)			(13,576	)
Deferred/prepaid/above-market and below-market rents, net			(35,230	)			(32,848	)			(17,967	)
Fair market value debt amortization			(15,953	)			(19,723	)			(6,236	)
Restricted stock			(4,490	)			(3,094	)			(1,078	)
Book/tax differences from non-qualified stock options			(11,301	)			(4,786	)			(5,144	)
Book/tax differences from investments in real estate joint ventures			(4,205	)			(294	)			8,614
Book/tax difference on sale of properties			(75,445	)			(64,270	)			(146,173	)
Foreign income tax from capital gains			-				5,873				-
Cumulative foreign currency translation adjustment & deferred tax adjustment			3,267				-				139,976
Book adjustment to property carrying values and marketable equity securities			29,042				4,484				62,817
Taxable currency exchange loss, net			(6,775	)			(47,297	)			(100,602	)
Tangible property regulations deduction (b)			(58,000	)			(126,957	)			-
Dividends from taxable REIT subsidiaries			-				647				67,590
GAAP change in control gain			(57,386	)			(149,407	)			(107,235	)
Valuation allowance against net deferred tax assets (see discussion below)			40,097				-				-
Other book/tax differences, net			(9,505	)			(3,618	)			(16,100	)
Adjusted REIT taxable income		$	236,895			$	454,021			$	300,667

Taxable Characteristics of Distributions Paid [Table Text Block]

		201 6								2015								2014
Preferred H Dividends
Ordinary income		$	-				-			$	-				-			$	6,762				56	%
Capital gain			-				-				13,417				100	%			5,313				44	%
		$	-				-			$	13,417				100	%		$	12,075				100	%
Preferred I Dividends
Ordinary income		$	16,320				68	%		$	-				-			$	13,440				56	%
Capital gain			7,680				32	%			24,000				100	%			10,560				44	%
		$	24,000				100	%		$	24,000				100	%		$	24,000				100	%
Preferred J Dividends
Ordinary income		$	8,415				68	%		$	-				-			$	6,930				56	%
Capital gain			3,960				32	%			12,375				100	%			5,445				44	%
		$	12,375				100	%		$	12,375				100	%		$	12,375				100	%
Preferred K Dividends
Ordinary income		$	6,694				68	%		$	-				-			$	5,513				56	%
Capital gain			3,150				32	%			9,844				100	%			4,331				44	%
		$	9,844				100	%		$	9,844				100	%		$	9,844				100	%
Common Dividends
Ordinary income		$	263,892				62	%		$	-				-			$	132,498				36	%
Capital gain			127,689				30	%			394,400				100	%			103,054				28	%
Return of capital			34,050				8	%			-				-				132,498				36	%
		$	425,631				100	%		$	394,400				100	%		$	368,050				100	%
Total dividends distributed for tax purposes		$	471,850							$	454,036							$	426,344

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		201 6				201 5				201 4
(Loss)/income before income taxes – U.S.		$	(23,810	)		$	23,729			$	22,176
Benefit/(provision) for income taxes, net:
Federal:
Current			2,199				(638	)			(522	)
Deferred			(45,097	)			(7,355	)			(7,156	)
Federal tax provision			(42,898	)			(7,993	)			(7,678	)
State and local:
Current			1,057				(2,535	)			(165	)
Deferred			(8,812	)			(1,474	)			(1,223	)
State tax provision			(7,755	)			(4,009	)			(1,388	)
Total tax provision – U.S.			(50,653	)			(12,002	)			(9,066	)
Net (loss)/income from U.S. taxable REIT subsidiaries		$	(74,463	)		$	11,727			$	13,110
Income before taxes – Non-U.S.		$	138,253			$	381,999			$	116,184
(Provision)/benefit for Non-U.S. income taxes:
Current (1)		$	(24,393	)		$	(58,365	)		$	(18,131	)
Deferred			(3,537	)			4,331				(6,749	)
Non-U.S. tax provision		$	(27,930	)		$	(54,034	)		$	(24,880	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		201 6				201 5				201 4
Federal provision at statutory tax rate (35%) (1)		$	(47,155	)		$	(8,304	)		$	(7,762	)
State and local provision, net of federal benefit (2)			(3,498	)			(3,698	)			(1,304	)
Total tax provision – U.S.		$	(50,653	)		$	(12,002	)		$	(9,066	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		201 6				201 5
Deferred tax assets:
Tax/GAAP basis differences		$	63,167			$	49,601
Net operating losses (1)			44,833				40,100
Related party deferred losses			952				1,549
Tax credit carryforwards (2)			5,368				5,304
Capital loss carryforwards			3,659				4,593
Charitable contribution carryforwards			35				22
Non-U.S. tax/GAAP basis differences			513				4,555
Valuation allowance – U.S.			(95,126	)			(25,045	)
Valuation allowance – Non-U.S.			-				(2,860	)
Total deferred tax assets			23,401				77,819
Deferred tax liabilities – U.S.			(19,599	)			(19,326	)
Deferred tax liabilities – Non-U.S.			(559	)			(3,493	)
Net deferred tax assets		$	3,243			$	55,000

Summary of Income Tax Contingencies [Table Text Block]

		201 6				201 5
Balance at January 1,		$	4,263			$	4,649
Increases for tax positions related to current year			41				1,084
Increase for tax position due to ASU 2013-11			4,930				-
Decreases relating to settlements with taxing authorities			(2,000	)			-
Reductions due to lapsed statute of limitations			(2,272	)			(1,470	)
Balance at December 31,		$	4,962			$	4,263

X

- Definition

Tabular disclosure of book to tax reconciliation.

+ References

No definition available.

+ Details

Name:	kim_BookToTaxReconciliationTableTextBlock
Namespace Prefix:	kim_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of taxable characteristics of distributions paid.

+ References

No definition available.

+ Details

Name:	kim_TaxableCharacteristicsOfDistributionsPaidTableTextBlock
Namespace Prefix:	kim_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=65882285&loc=SL6600010-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32718-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32840-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration