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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flow from operating activities:      
Consolidated net (loss) income $ (2) $ (46,451) $ 13,888
Adjustments to reconcile consolidated net (loss) income to net cash provided by operating activities:      
Gain on sale of operating properties (38,971) (3,424) (15,160)
Impairment charge 37,723 70,360 7,411
Loss on debt extinguishment 11,572 0 0
Straight-line rent (2,158) (3,060) (4,696)
Depreciation and amortization 134,860 156,107 174,625
Compensation expense for equity awards 5,375 4,869 5,988
Amortization of debt fair value adjustment (1,467) (2,630) (2,913)
Amortization of in-place lease liabilities (3,776) (6,360) (3,677)
Changes in assets and liabilities:      
Tenant receivables 3,170 (642) (3,442)
Deferred costs and other assets (6,265) (13,396) (11,569)
Accounts payable, accrued expenses, deferred revenue, and other liabilities (2,099) (990) (5,832)
Net cash provided by operating activities 137,962 154,383 154,623
Cash flow from investing activities:      
Acquisitions of interests in properties (58,205) 0 0
Capital expenditures, net (53,278) (59,304) (72,433)
Net proceeds from sales of operating properties 529,417 218,387 76,075
Change in construction payables (542) (777) (4,276)
Capital contribution to unconsolidated joint venture (798) (9,973) (1,400)
Net cash provided by (used in) investing activities 416,594 148,333 (2,034)
Cash flow from financing activities:      
Proceeds from issuance of common shares, net 350 76 28
Repurchases of common shares upon the vesting of restricted shares (533) (350) (835)
Acquisition of partner's interest in Fishers Station operating property 0 0 (3,750)
Loan proceeds 75,000 399,500 97,700
Loan transaction costs 0 (5,208) (357)
Loan payments (470,515) (551,379) (128,800)
Debt extinguishment costs (14,455) 0 0
Distributions paid – common shareholders (133,258) (106,316) (101,128)
Distributions paid – redeemable noncontrolling interests (3,838) (3,716) (3,922)
Acquisition of partners' interests in Territory joint venture 0 (21,993) (8,261)
Net cash used in financing activities (547,249) (289,386) (149,325)
Increase in cash, cash equivalents, and restricted cash 7,307 13,330 3,264
Cash, cash equivalents, and restricted cash beginning of year 45,506 32,176 28,912
Cash, cash equivalents, and restricted cash end of year 52,813 45,506 32,176
Supplemental disclosures      
Cash paid for interest, net of capitalized interest 60,534 67,998 68,819
Kite Realty Group, LP      
Cash flow from operating activities:      
Consolidated net (loss) income (2) (46,451) 13,888
Adjustments to reconcile consolidated net (loss) income to net cash provided by operating activities:      
Gain on sale of operating properties (38,971) (3,424) (15,160)
Impairment charge 37,723 70,360 7,411
Loss on debt extinguishment 11,572 0 0
Straight-line rent (2,158) (3,060) (4,696)
Depreciation and amortization 134,860 156,107 174,625
Compensation expense for equity awards 5,375 4,869 5,988
Amortization of debt fair value adjustment (1,467) (2,630) (2,913)
Amortization of in-place lease liabilities (3,776) (6,360) (3,677)
Changes in assets and liabilities:      
Tenant receivables 3,170 (642) (3,442)
Deferred costs and other assets (6,265) (13,396) (11,569)
Accounts payable, accrued expenses, deferred revenue, and other liabilities (2,099) (990) (5,832)
Net cash provided by operating activities 137,962 154,383 154,623
Cash flow from investing activities:      
Acquisitions of interests in properties (58,205) 0 0
Capital expenditures, net (53,278) (59,304) (72,433)
Net proceeds from sales of operating properties 529,417 218,387 76,075
Change in construction payables (542) (777) (4,276)
Capital contribution to unconsolidated joint venture (798) (9,973) (1,400)
Net cash provided by (used in) investing activities 416,594 148,333 (2,034)
Cash flow from financing activities:      
Proceeds from issuance of common shares, net 350 76 28
Repurchases of common shares upon the vesting of restricted shares (533) (350) (835)
Acquisition of partner's interest in Fishers Station operating property 0 0 (3,750)
Loan proceeds 75,000 399,500 97,700
Loan transaction costs 0 (5,208) (357)
Loan payments (470,515) (551,379) (128,800)
Debt extinguishment costs (14,455) 0 0
Distributions paid – common shareholders (133,258) (106,316) (101,128)
Distributions paid – redeemable noncontrolling interests (3,838) (3,716) (3,922)
Acquisition of partners' interests in Territory joint venture 0 (21,993) (8,261)
Net cash used in financing activities (547,249) (289,386) (149,325)
Increase in cash, cash equivalents, and restricted cash 7,307 13,330 3,264
Cash, cash equivalents, and restricted cash beginning of year 45,506 32,176 28,912
Cash, cash equivalents, and restricted cash end of year 52,813 45,506 32,176
Supplemental disclosures      
Cash paid for interest, net of capitalized interest $ 60,534 $ 67,998 $ 68,819