XML 122 R103.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 14- Noncontrolling Interests - Redemption Value of the Redeemable Noncontrolling Interests (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Balance $ 86,953 $ 86,709
Issuance of redeemable partnership interests (1) [1] 10,000
Income (2) [1],[2] 1,297 4,349
Redemption/conversion of redeemable units (3) [3] (79,569)
Distributions (2,538) (4,105)
Balance $ 16,143 $ 86,953
[1] During 2017, KIM Lincoln, a wholly owned subsidiary of the Company, and Lincoln Member entered into a joint venture agreement wherein KIM Lincoln has a 90% controlling interest and Lincoln Member has a 10% noncontrolling interest (See Footnote 4 of the Notes to Consolidated Financial Statements).
[2] Includes $1.0 million in fair market value remeasurement for the year ended December 31, 2017.
[3] During 2017, the Company redeemed the remaining 79,642,697 Preferred A Units for a total redemption price of $79.9 million, including an accrued preferred return of $0.4 million. These units, which had a par value of $1.00 and return per annum of 5.0%, were issued along with Puerto Rico shopping center acquisitions discussed below.