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Note 2 - Weingarten Merger (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable [Table Text Block] |
Weingarten common shares outstanding as of August 3, 2021 |  |  | 127,784,006 |
Exchange ratio |  |  | 1.408 |
Kimco common stock issued |  |  | 179,919,880 |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  |  |  |  |  |  |  |  |  | Purchase Price |  |  |  |  |
Property Name |  | Location |  |  | Month Acquired |  |  | Cash |  |  | Debt |  |  | Other |  |  | Total |  |  | GLA* |
Rancho San Marcos Parcel |  | San Marcos, CA |  |  | Jan-22 |  |  | $ | 2,407 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,407 |  |  |  | 6 |
Columbia Crossing Parcel |  | Columbia, MD |  |  | Feb-22 |  |  |  | 16,239 |  |  |  | - |  |  |  | - |  |  |  | 16,239 |  |  |  | 60 |
Oak Forest Parcel |  | Houston, TX |  |  | Jun-22 |  |  |  | 3,846 |  |  |  | - |  |  |  | - |  |  |  | 3,846 |  |  |  | 4 |
Devon Village (1) |  | Devon, PA |  |  | Jun-22 |  |  |  | 733 |  |  |  | - |  |  |  | - |  |  |  | 733 |  |  |  | - |
Fishtown Crossing |  | Philadelphia, PA |  |  | Jul-22 |  |  |  | 39,291 |  |  |  | - |  |  |  | - |  |  |  | 39,291 |  |  |  | 133 |
Carman’s Plaza |  | Massapequa, NY |  |  | Jul-22 |  |  |  | 51,423 |  |  |  | - |  |  |  | - |  |  |  | 51,423 |  |  |  | 195 |
Pike Center (1) |  | Rockville, MD |  |  | Jul-22 |  |  |  | 21,850 |  |  |  | - |  |  |  | - |  |  |  | 21,850 |  |  |  | - |
Baybrook Gateway (1) |  | Webster, TX |  |  | Oct-22 |  |  |  | 2,978 |  |  |  | - |  |  |  | - |  |  |  | 2,978 |  |  |  | - |
Portfolio (8 Properties) (2) |  | Long Island, NY |  |  | Nov-22 |  |  |  | 152,078 |  |  |  | 88,792 |  |  |  | 135,663 |  |  |  | 376,533 |  |  |  | 536 |
Gordon Plaza (1) |  | Woodbridge, VA |  |  | Nov-22 |  |  |  | 5,573 |  |  |  | - |  |  |  | - |  |  |  | 5,573 |  |  |  | - |
The Gardens at Great Neck (1) |  | Great Neck, NY |  |  | Dec-22 |  |  |  | 4,019 |  |  |  | - |  |  |  | - |  |  |  | 4,019 |  |  |  | - |
|  |  |  |  |  |  |  |  |  | $ | 300,437 |  |  | $ | 88,792 |  |  | $ | 135,633 |  |  | $ | 524,892 |  |  |  | 934 |
|  |  |  |  |  |  |  |  |  | Purchase Price |  |  |  |  |
Property Name |  | Location |  |  | Month Acquired/ Consolidated |  |  | Cash |  |  | Debt |  |  | Other |  |  | Total |  |  | GLA |
Distribution Center #1 (1) |  | Lancaster, CA |  |  | Jan-21 |  |  | $ | 58,723 |  |  | $ | - |  |  | $ | 11,277 |  |  | $ | 70,000 |  |  |  | 927 |
Distribution Center #2 (1) |  | Woodland, CA |  |  | Jan-21 |  |  |  | 27,589 |  |  |  | - |  |  |  | 6,411 |  |  |  | 34,000 |  |  |  | 508 |
Jamestown Portfolio (6 properties) (2) |  | Various |  |  | Oct-21 |  |  |  | 172,899 |  |  |  | 170,000 |  |  |  | 87,094 |  |  |  | 429,993 |  |  |  | 1,226 |
KimPru Portfolio (2 properties) (2) |  | Various |  |  | Oct-21 |  |  |  | 61,705 |  |  |  | 64,169 |  |  |  | 15,212 |  |  |  | 141,086 |  |  |  | 478 |
Columbia Crossing Parcel |  | Columbia, MD |  |  | Oct-21 |  |  |  | 12,600 |  |  |  | - |  |  |  | - |  |  |  | 12,600 |  |  |  | 45 |
Centro Arlington (2) |  | Arlington, VA |  |  | Nov-21 |  |  |  | 24,178 |  |  |  | - |  |  |  | 184,850 |  |  |  | 209,028 |  |  |  | 72 |
|  |  |  |  |  |  |  |  |  | $ | 357,694 |  |  | $ | 234,169 |  |  | $ | 304,844 |  |  | $ | 896,707 |  |  |  | 3,256 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |
Revenues from rental properties, net |  | $ | 2,341.4 |  |  | $ | 2,234.9 |
Net income (1) |  | $ | 1,114.6 |  |  | $ | 1,193.1 |
Net income available to the Company’s common shareholders (1) |  | $ | 1,084.1 |  |  | $ | 1,166.3 |
Weingarten Realty Investors [Member] |
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  | Price of Kimco Common Stock |  |  | Equity Consideration Given (Kimco Shares Issued) |  |  | Calculated Value of Weingarten Consideration |  |  | Cash Consideration * |  |  | Total Value of Consideration |
As of August 3, 2021 |  | $ | 20.78 |  |  |  | 179,920 |  |  | $ | 3,738,735 |  |  | $ | 320,424 |  |  | $ | 4,059,159 |
|  | Purchase Price Allocation |
Land |  | $ | 1,174,407 |
Building and improvements |  |  | 4,040,244 |
In-place leases |  |  | 370,685 |
Above-market leases |  |  | 42,133 |
Real estate assets |  |  | 5,627,469 |
Investments in and advances to real estate joint ventures |  |  | 585,382 |
Cash, accounts receivable and other assets |  |  | 241,582 |
Total assets acquired |  |  | 6,454,433 |
Notes payable |  |  | (1,497,632 | )
Mortgages payable |  |  | (317,671 | )
Accounts payable and other liabilities |  |  | (283,559 | )
Below-market leases |  |  | (119,373 | )
Noncontrolling interests |  |  | (177,039 | )
Total liabilities assumed |  |  | (2,395,274 | )
Total purchase price |  | $ | 4,059,159 |
|  | Weighted Average Amortization Period (in Years) |
Land |  |  | n/a |
Building |  |  | 50.0 |
Building improvements |  |  | 45.0 |
Tenant improvements |  |  | 7.1 |
Fixtures and leasehold improvements |  |  | 6.2 |
In-place leases |  |  | 5.6 |
Above-market leases |  |  | 10.1 |
Below-market leases |  |  | 31.5 |
Right-of-use intangible assets |  |  | 30.9 |
Fair market value of debt adjustment |  |  | 3.7 |

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