XML 30 R20.htm IDEA: XBRL DOCUMENT v3.20.1

Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Real Estate Properties

The composition of the Company’s investment properties as of March 31, 2020 and December 31, 2019 was as follows:

		Balance at
		March 31, 2020				December 31, 2019
Investment properties, at cost:
Land, buildings and improvements		$	3,039,875			$	3,038,412
Furniture, equipment and other		7,907				7,775
Construction in progress		43,783				41,204
		$	3,091,565			$	3,087,391

Lessor, Schedule Of Lease Rental Income

The Company recognized the following lease rental income for the three months ended March 31, 2020 and 2019:

	2020			2019
Fixed Contractual Lease Payments - Operating Leases	55,345			65,539
Variable Lease Payments - Operating Leases	12,102			15,111
Straight-Line Rent Adjustment	358			663
Straight-Line Rent Reserve for Uncollectibility	(2,876	)		—
Amortization of In-Place Lease Liabilities, net	598			1,045
Total	65,527			82,358

Schedule of Stockholders Equity

The non-redeemable noncontrolling interests in consolidated properties for the three months ended March 31, 2020 and 2019 were as follows:

	2020				2019
Noncontrolling interests balance January 1	$	698			$	698
Net income allocable to noncontrolling interests,   excluding redeemable noncontrolling interests	—				—
Noncontrolling interests balance at March 31	$	698			$	698

Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net

For the three months ended March 31, 2020 and 2019, the weighted average interests of the Parent Company and the limited partners in the Operating Partnership were as follows:

	Three Months Ended March 31,
	2020			2019
Parent Company’s weighted average interest in Operating Partnership	97.5	%		97.6	%
Limited partners' weighted average interests in Operating Partnership	2.5	%		2.4	%

Redeemable Noncontrolling Interest

The redeemable noncontrolling interests in the Operating Partnership and subsidiaries for the three months ended March 31, 2020 and 2019 were as follows:

	2020				2019
Redeemable noncontrolling interests balance January 1	$	52,574			$	45,743
Net income allocable to redeemable noncontrolling interests	204				273
Distributions declared to redeemable noncontrolling interests	(842		)		(795		)
Other, net including adjustments to redemption value	(7,192		)		1,077
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at March 31	$	44,744			$	46,298
Limited partners' interests in Operating Partnership	$	34,674			$	36,228
Other redeemable noncontrolling interests in certain subsidiaries	10,070				10,070
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at March 31	$	44,744			$	46,298

X

- Definition

Lessor, Schedule Of Lease Rental Income [Table Text Block]

+ References

No definition available.

+ Details

Name:	krg_LessorScheduleOfLeaseRentalIncomeTableTextBlock
Namespace Prefix:	krg_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4M
-URI http://asc.fasb.org/extlink&oid=116874947&loc=SL4591554-111686

+ Details

Name:	us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

+ References

No definition available.

+ Details

Name:	us-gaap_RedeemableNoncontrollingInterestTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration