XML 93 R74.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 4 - Real Estate Under Development - Costs Incurred for Real Estate Development (Details) - USD ($) $ in Thousands | Dec. 31, 2017 | Dec. 31, 2016
--- | --- | ---
Property Under Development |  | $ 402,518 | $ 335,028
Grand Parkway Marketplace [Member] |  |  |
Property Under Development | [1] | 43,403 | 94,841
Dania Pointe [Member] |  |  |
Property Under Development |  | 152,841 | 107,113
Mill Station [Member] |  |  |
Property Under Development |  | 34,347 | 25,119
Lincoln Square [Member] |  |  |
Property Under Development | [2] | 90,479 |
Avenues Walk [Member] |  |  |
Property Under Development | [3] | 48,573 | 73,048
Promenade at Christiana [Member] |  |  |
Property Under Development | [4] | 32,875 | 25,521
Staten Island Plaza [Member] |  |  |
Property Under Development | [5] |  | $ 9,386
[1] | During 2017, the Company sold a land parcel at this development project for a sales price of $2.9 million. Additionally, effective as of September 30, 2017, certain aspects of this development project, aggregating $91.0 million, were placed in service and reclassified into Land and Building and improvements on the Company's Consolidated Balance Sheets. The remaining portion relates to the second phase of this project which is under development.
[2] | During 2017, KIM Lincoln, LLC ("KIM Lincoln"), a wholly owned subsidiary of the Company, and Lincoln Square Property, LP ("Lincoln Member") entered into a joint venture agreement wherein KIM Lincoln has a 90% controlling interest and Lincoln Member has a 10% noncontrolling interest. The joint venture acquired land parcels in Philadelphia, PA to be held for development for a gross purchase price of $10.0 million. Based upon the Company's intent to develop the property, the Company allocated the gross purchase price to Real estate under development on the Company's Consolidated Balance Sheets. This joint venture is accounted for as a consolidated VIE (see Footnote 9).
[3] | Effective April 1, 2017, certain aspects of this development project, aggregating $24.5 million, were placed in service and reclassified into Land and Building and improvements on the Company's Consolidated Balance Sheets. The remaining portion of the project consists of a mixed-use project to be developed in the future.
[4] | The Company is assessing the development model for this asset, which may include a mixed-use component, and anticipates a near term delay in the timing of development. As such, the Company considers this project as land held for future development effective December 31, 2017.
[5] | During 2017, the Company reclassified this project to undeveloped land on the Company's Consolidated Balance Sheets, as it is no longer anticipated to be developed by the Company.

X
- Definition The current amount of expenditures for a real estate project that has not yet been completed. + 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 210.7-03.10) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_DevelopmentInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_GrandParkwayMarketplaceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_DaniaPointeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_MillStationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_LincolnSquareMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_AvenuesWalkMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_PromenadeAtChristianaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=kim_StatenIslandPlazaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |