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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Presented below is a summary of the consolidated quarterly financial data for the years ended December 31, 2019 and 2018

($ in thousands, except per share data)
 
  Quarter Ended
March 31,
2019
 
  Quarter Ended
June 30,
2019
 
  Quarter Ended
September 30,
2019
 
  Quarter Ended
December 31,
2019
Total revenue
 
$
83,515

 
$
81,480

 
$
74,943

 
$
75,265

Gain (loss) on sale of operating properties, net
 
6,587

 
24,092

 
(5,714
)
 
14,005

Operating income (loss)
 
22,976

 
17,318

 
1,316

 
30,186

Consolidated net income (loss)
 
5,988

 
(1,697
)
 
(20,117
)
 
15,855

Net income (loss) attributable to Kite Realty Group Trust common shareholders
 
5,715

 
(1,796
)
 
(19,735
)
 
15,314

Net income (loss) per common share – basic and diluted
 
0.07

 
(0.02
)
 
(0.24
)
 
0.18

Weighted average Common Shares outstanding - basic
 
83,843,681

 
83,938,961

 
83,960,841

 
83,960,045

Weighted average Common Shares outstanding - diluted
 
84,034,097

 
83,938,961

 
83,960,841

 
84,478,245


($ in thousands, except per share data)
 
  Quarter Ended
March 31,
2018
 
  Quarter Ended
June 30,
2018
 
  Quarter Ended
September 30,
2018
 
  Quarter Ended
December 31,
2018
Total revenue
 
$
89,763

 
$
91,736

 
$
85,747

 
$
86,937

Gain (loss) on sale of operating properties, net
 
500

 
7,829

 
(177
)
 
(4,725
)
Operating income (loss)
 
(1,532
)
 
15,771

 
20,549

 
(13,757
)
Consolidated net income (loss)
 
(17,997
)
 
(1,062
)
 
4,317

 
(31,709
)
Net income (loss) attributable to Kite Realty Group Trust common shareholders
 
(17,917
)
 
(1,366
)
 
3,938

 
(31,221
)
Net income (loss) per common share – basic and diluted
 
(0.21
)
 
(0.02
)
 
0.05

 
(0.37
)
Weighted average Common Shares outstanding - basic
 
83,629,669

 
83,672,896

 
83,706,704

 
83,762,664

Weighted average Common Shares outstanding - diluted
 
83,629,669

 
83,672,896

 
83,767,655

 
83,762,664