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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Rental income $ 67,890 $ 65,527
Total revenue 69,375 69,912
Expenses:    
Property operating 10,269 10,801
Real estate taxes 9,400 8,934
General, administrative, and other 7,276 6,926
Depreciation and amortization 30,634 31,468
Total expenses 57,579 58,129
Gain on sale of properties, net 26,207 1,043
Operating income 38,003 12,826
Interest expense (12,242) (12,293)
Income tax benefit of taxable REIT subsidiary 118 104
Equity in loss of unconsolidated subsidiaries (318) (403)
Other expense, net (206) (104)
Net income 25,355 130
Net income attributable to noncontrolling interests (778) (204)
Net income (loss) attributable to Kite Realty Group Trust common shareholders $ 24,577 $ (74)
Net income (loss) per common share - basic and diluted    
Net income (loss) per common share - basic and diluted (in USD per share) $ 0.29 $ 0.00
Weighted average common shares outstanding - basic (in shares) 84,336,577 84,023,090
Weighted average common shares outstanding - diluted (in shares) 84,446,989 84,023,090
Dividends per common share (in USD per share) $ 0.1500 $ 0.3175
Consolidated net income $ 25,355 $ 130
Change in fair value of derivatives 6,733 (16,571)
Total comprehensive income (loss) 32,088 (16,441)
Comprehensive (income) loss attributable to noncontrolling interests (974) 200
Comprehensive income (loss) attributable to Kite Realty Group Trust 31,114 (16,241)
KRG, LP    
Revenue:    
Rental income 67,890 65,527
Total revenue 69,375 69,912
Expenses:    
Property operating 10,269 10,801
Real estate taxes 9,400 8,934
General, administrative, and other 7,276 6,926
Depreciation and amortization 30,634 31,468
Total expenses 57,579 58,129
Gain on sale of properties, net 26,207 1,043
Operating income 38,003 12,826
Interest expense (12,242) (12,293)
Income tax benefit of taxable REIT subsidiary 118 104
Equity in loss of unconsolidated subsidiaries (318) (403)
Other expense, net (206) (104)
Net income 25,355 130
Net income attributable to noncontrolling interests (132) (132)
Net income (loss) attributable to Kite Realty Group Trust common shareholders 25,223 (2)
Allocation of net income (loss):    
Limited Partners 646 72
Parent Company $ 24,577 $ (74)
Net income (loss) per common share - basic and diluted    
Net income (loss) per common share - basic and diluted (in USD per share) $ 0.29 $ 0.00
Weighted average common shares outstanding - basic (in shares) 86,862,153 86,200,410
Weighted average common shares outstanding - diluted (in shares) 86,972,566 86,200,410
Dividends per common share (in USD per share) $ 0.1500 $ 0.3175
Consolidated net income $ 25,355 $ 130
Change in fair value of derivatives 6,733 (16,571)
Total comprehensive income (loss) 32,088 (16,441)
Comprehensive (income) loss attributable to noncontrolling interests (132) (132)
Comprehensive income (loss) attributable to Kite Realty Group Trust 31,956 (16,573)
Other property related revenue    
Revenue:    
Total revenue 1,051 4,281
Other property related revenue | KRG, LP    
Revenue:    
Total revenue 1,051 4,281
Fee income    
Revenue:    
Total revenue 434 104
Fee income | KRG, LP    
Revenue:    
Total revenue $ 434 $ 104