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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flow from operating activities:      
Consolidated net loss $ (16,123) $ (2) $ (46,451)
Adjustments to reconcile consolidated net income to net cash provided by operating activities:      
Gain on sale of operating properties (4,733) (38,971) (3,424)
Impairment charge 0 37,723 70,360
Loss on debt extinguishment 0 11,572 0
Straight-line rent 3,131 (2,158) (3,060)
Depreciation and amortization 130,783 134,860 156,107
Compensation expense for equity awards 5,998 5,375 4,869
Amortization of debt fair value adjustment (444) (1,467) (2,630)
Amortization of in-place lease liabilities (3,822) (3,776) (6,360)
Changes in assets and liabilities:      
Tenant receivables (3,062) 3,170 (642)
Deferred costs and other assets (7,618) (6,265) (13,396)
Accounts payable, accrued expenses, deferred revenue, and other liabilities (8,595) (2,099) (990)
Net cash provided by operating activities 95,515 137,962 154,383
Cash flow from investing activities:      
Acquisitions of interests in properties (65,298) (58,205) 0
Capital expenditures (38,266) (53,278) (59,304)
Net proceeds from sales of land 9,134 0 0
Net proceeds from sales of operating properties 13,888 529,417 218,387
Small business loan funding (2,199) 0 0
Change in construction payables 2,442 (542) (777)
Capital contribution to unconsolidated joint venture (541) (798) (9,973)
Net cash (used in) provided by investing activities (80,840) 416,594 148,333
Cash flow from financing activities:      
Proceeds from issuance of common shares, net 72 350 76
Repurchases of common shares upon the vesting of restricted shares (1,336) (533) (350)
Loan proceeds 325,000 75,000 399,500
Loan transaction costs 0 0 (5,208)
Loan payments (302,477) (470,515) (551,379)
Debt extinguishment costs 0 (14,455) 0
Distributions paid – common shareholders (38,128) (133,258) (106,316)
Distributions paid – redeemable noncontrolling interests (1,533) (3,838) (3,716)
Net cash used in financing activities (20,902) (547,249) (289,386)
Net change in cash, cash equivalents, and restricted cash (6,227) 7,307 13,330
Cash, cash equivalents, and restricted cash beginning of period 52,813 45,506 32,176
Cash, cash equivalents, and restricted cash end of period 46,586 52,813 45,506
Supplemental disclosures      
Cash paid for interest, net of capitalized interest 50,387 60,534 67,998
Non-cash investing activities      
Net investment in sales-type lease 4,665 0 0
Pan Am Plaza      
Cash flow from financing activities:      
Acquisition of partners' interests in Territory joint venture (2,500) 0 0
Territory      
Cash flow from financing activities:      
Acquisition of partners' interests in Territory joint venture 0 0 (21,993)
Kite Realty Group, LP      
Cash flow from operating activities:      
Consolidated net loss (16,123) (2) (46,451)
Adjustments to reconcile consolidated net income to net cash provided by operating activities:      
Gain on sale of operating properties (4,733) (38,971) (3,424)
Impairment charge 0 37,723 70,360
Loss on debt extinguishment 0 11,572 0
Straight-line rent 3,131 (2,158) (3,060)
Depreciation and amortization 130,783 134,860 156,107
Compensation expense for equity awards 5,998 5,375 4,869
Amortization of debt fair value adjustment (444) (1,467) (2,630)
Amortization of in-place lease liabilities (3,822) (3,776) (6,360)
Changes in assets and liabilities:      
Tenant receivables (3,062) 3,170 (642)
Deferred costs and other assets (7,618) (6,265) (13,396)
Accounts payable, accrued expenses, deferred revenue, and other liabilities (8,595) (2,099) (990)
Net cash provided by operating activities 95,515 137,962 154,383
Cash flow from investing activities:      
Acquisitions of interests in properties (65,298) (58,205) 0
Capital expenditures (38,266) (53,278) (59,304)
Net proceeds from sales of land 9,134 0 0
Net proceeds from sales of operating properties 13,888 529,417 218,387
Small business loan funding (2,199) 0 0
Change in construction payables 2,442 (542) (777)
Capital contribution to unconsolidated joint venture (541) (798) (9,973)
Net cash (used in) provided by investing activities (80,840) 416,594 148,333
Cash flow from financing activities:      
Proceeds from issuance of common shares, net 72 350 76
Repurchases of common shares upon the vesting of restricted shares (1,336) (533) (350)
Loan proceeds 325,000 75,000 399,500
Loan transaction costs 0 0 (5,208)
Loan payments (302,477) (470,515) (551,379)
Debt extinguishment costs 0 (14,455) 0
Distributions paid – common shareholders (38,128) (133,258) (106,316)
Distributions paid – redeemable noncontrolling interests (1,533) (3,838) (3,716)
Net cash used in financing activities (20,902) (547,249) (289,386)
Net change in cash, cash equivalents, and restricted cash (6,227) 7,307 13,330
Cash, cash equivalents, and restricted cash beginning of period 52,813 45,506 32,176
Cash, cash equivalents, and restricted cash end of period 46,586 52,813 45,506
Supplemental disclosures      
Cash paid for interest, net of capitalized interest 50,387 60,534 67,998
Non-cash investing activities      
Net investment in sales-type lease 4,665 0 0
Kite Realty Group, LP | Pan Am Plaza      
Cash flow from financing activities:      
Acquisition of partners' interests in Territory joint venture (2,500) 0 0
Kite Realty Group, LP | Territory      
Cash flow from financing activities:      
Acquisition of partners' interests in Territory joint venture $ 0 $ 0 $ (21,993)