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Note 7 - Investments In and Advances to Real Estate Joint Ventures (Tables) | 12 Months Ended
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Dec. 31, 2021
Notes Tables |
Equity Method Investments [Table Text Block] |
|  |  |  |  |  | The Company's Investment |
|  | Ownership |  |  | December 31, |
Joint Venture |  | Interest |  |  | 2021 |  |  | 2020 |
Prudential Investment Program |  |  | 15.0% |  |  | $ | 163.0 |  |  | $ | 175.1 |
Kimco Income Opportunity Portfolio (“KIR”) |  |  | 48.6% |  |  |  | 186.0 |  |  |  | 177.4 |
Canada Pension Plan Investment Board (“CPP”) |  |  | 55.0% |  |  |  | 165.1 |  |  |  | 159.7 |
Other Institutional Joint Ventures (1) (2) |  |  | Various |  |  |  | 281.8 |  |  |  | - |
Other Joint Venture Programs (1) |  |  | Various |  |  |  | 211.0 |  |  |  | 78.5 |
Total* |  |  |  |  |  | $ | 1,006.9 |  |  | $ | 590.7 |
Joint Venture Investments Accounted For Under The Equity Method Debt Details [Table Text Block] |
|  | December 31, 2021 |  |  | December 31, 2020 |
Joint Venture |  | Mortgages and Notes Payable, Net |  |  | Weighted Average Interest Rate |  |  | Weighted Average Remaining Term (months)* |  |  | Mortgages and Notes Payable, Net |  |  | Weighted Average Interest Rate |  |  | Weighted Average Remaining Term (months)* |
Prudential Investment Program |  | $ | 426.9 |  |  |  | 2.02 | % |  |  | 45.6 |  |  | $ | 495.8 |  |  |  | 2.05 | % |  |  | 37.2 |
KIR |  |  | 492.6 |  |  |  | 2.55 | % |  |  | 27.9 |  |  |  | 536.9 |  |  |  | 3.87 | % |  |  | 25.3 |
CPP |  |  | 84.2 |  |  |  | 1.85 | % |  |  | 55.0 |  |  |  | 84.9 |  |  |  | 3.25 | % |  |  | 30.0 |
Other Institutional Joint Ventures (1) |  |  | 232.9 |  |  |  | 1.65 | % |  |  | 59.7 |  |  |  | - |  |  |  | - |  |  |  | - |
Other Joint Venture Programs (1) |  |  | 402.1 |  |  |  | 3.58 | % |  |  | 83.0 |  |  |  | 423.4 |  |  |  | 3.41 | % |  |  | 86.7 |
Total |  | $ | 1,638.7 |  |  |  |  |  |  |  |  |  |  | $ | 1,541.0 |  |  |  |  |  |  |  |  |
Investments in and Advances to Affiliates [Table Text Block] |
|  | December 31, |
|  | 2021 |  |  | 2020 |
Assets: |  |  |  |  |  |  |  |
Real estate, net |  | $ | 769.4 |  |  | $ | 787.1 |
Other assets, net |  |  | 68.2 |  |  |  | 75.3 |
Total Assets |  | $ | 837.6 |  |  | $ | 862.4 |
Liabilities and Members’ Capital: |  |  |  |  |  |  |  |
Notes payable, net |  | $ | 258.8 |  |  | $ | 91.5 |
Mortgages payable, net |  |  | 233.7 |  |  |  | 445.4 |
Other liabilities |  |  | 16.2 |  |  |  | 17.4 |
Members’ capital |  |  | 328.9 |  |  |  | 308.1 |
Total Liabilities and Members’ Capital |  | $ | 837.6 |  |  | $ | 862.4 |
|  | December 31, |
|  | 2021 |  |  | 2020 |
Assets: |  |  |  |  |  |  |  |
Real estate, net |  | $ | 3,619.4 |  |  | $ | 2,549.2 |
Other assets, net |  |  | 193.8 |  |  |  | 179.0 |
Total Assets |  | $ | 3,813.2 |  |  | $ | 2,728.2 |
Liabilities and Members’ Capital: |  |  |  |  |  |  |  |
Notes payable, net |  | $ | 199.0 |  |  | $ | 199.8 |
Mortgages payable, net |  |  | 947.2 |  |  |  | 804.3 |
Other liabilities |  |  | 73.8 |  |  |  | 53.6 |
Noncontrolling interests |  |  | 32.6 |  |  |  | 18.3 |
Members’ capital |  |  | 2,560.6 |  |  |  | 1,652.2 |
Total Liabilities and Members’ Capital |  | $ | 3,813.2 |  |  | $ | 2,728.2 |
Schedule of Investments in and Advances to Affiliates, Schedule of Investments [Table Text Block] |
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Revenues, net |  | $ | 186.6 |  |  | $ | 173.9 |  |  | $ | 193.6 |
Operating expenses |  |  | (51.3 | ) |  |  | (49.5 | ) |  |  | (51.0 | )
Depreciation and amortization |  |  | (40.3 | ) |  |  | (36.9 | ) |  |  | (38.0 | )
Gain on sale of properties |  |  | - |  |  |  | - |  |  |  | 32.2 |
Interest expense |  |  | (18.1 | ) |  |  | (23.8 | ) |  |  | (28.2 | )
Other expense, net |  |  | (2.1 | ) |  |  | (1.6 | ) |  |  | (1.1 | )
Net income |  | $ | 74.8 |  |  | $ | 62.1 |  |  | $ | 107.5 |
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Revenues, net |  | $ | 340.3 |  |  | $ | 282.4 |  |  | $ | 317.6 |
Operating expenses |  |  | (111.7 | ) |  |  | (101.9 | ) |  |  | (99.4 | )
Impairment charges |  |  | (23.5 | ) |  |  | (4.4 | ) |  |  | (39.5 | )
Depreciation and amortization |  |  | (97.2 | ) |  |  | (75.0 | ) |  |  | (76.9 | )
Gain on sale of properties |  |  | 61.5 |  |  |  | 0.2 |  |  |  | 15.0 |
Interest expense |  |  | (27.6 | ) |  |  | (31.2 | ) |  |  | (47.1 | )
Other expense, net |  |  | (0.9 | ) |  |  | (10.8 | ) |  |  | (14.2 | )
Net income |  | $ | 140.9 |  |  | $ | 59.3 |  |  | $ | 55.5 |
Income [Member] |
Notes Tables |
Equity Method Investments [Table Text Block] |
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Prudential Investment Program (1) |  | $ | 17.5 |  |  | $ | 9.0 |  |  | $ | 10.4 |
KIR |  |  | 36.9 |  |  |  | 30.5 |  |  |  | 50.3 |
CPP |  |  | 9.2 |  |  |  | 5.6 |  |  |  | 5.8 |
Other Institutional Joint Ventures |  |  | 1.7 |  |  |  | - |  |  |  | - |
Other Joint Venture Programs |  | 19.5 |  |  |  | 2.3 |  |  |  | 5.7 |
Total |  | $ | 84.8 |  |  | $ | 47.4 |  |  | $ | 72.2 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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- 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
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