XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Investment properties at cost: $ 3,147,133 $ 3,143,961
Less: accumulated depreciation (803,437) (755,100)
Investment properties, net 2,343,696 2,388,861
Cash and cash equivalents 89,894 43,648
Tenant and other receivables, including accrued straight-line rent of $24,802 and $24,783, respectively 46,678 57,154
Restricted cash and escrow deposits 4,186 2,938
Deferred costs, net 57,239 63,171
Short-term deposits 125,000 0
Prepaid and other assets 39,489 39,975
Investments in unconsolidated subsidiaries 13,023 12,792
Total Assets 2,719,205 2,608,539
Liabilities and Shareholders' Equity:    
Mortgage and other indebtedness, net 1,289,369 1,170,794
Accounts payable and accrued expenses 74,440 77,469
Deferred revenue and other liabilities 83,856 85,649
Total Liabilities 1,447,665 1,333,912
Commitments and contingencies
Limited Partners' interests in Operating Partnership and other 57,367 43,275
Kite Realty Group Trust Shareholders' Equity:    
Common Shares, $0.01 par value, 225,000,000 shares authorized, 84,546,649 and 84,187,999 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 845 842
Additional paid in capital 2,064,310 2,085,003
Accumulated other comprehensive loss (24,354) (30,885)
Accumulated deficit (827,326) (824,306)
Total Shareholders' Equity 1,213,475 1,230,654
Noncontrolling Interest 698 698
Total Equity 1,214,173 1,231,352
Total Liabilities and Shareholders' Equity 2,719,205 2,608,539
KRG, LP    
Assets:    
Investment properties at cost: 3,147,133 3,143,961
Less: accumulated depreciation (803,437) (755,100)
Investment properties, net 2,343,696 2,388,861
Cash and cash equivalents 89,894 43,648
Tenant and other receivables, including accrued straight-line rent of $24,802 and $24,783, respectively 46,678 57,154
Restricted cash and escrow deposits 4,186 2,938
Deferred costs, net 57,239 63,171
Short-term deposits 125,000 0
Prepaid and other assets 39,489 39,975
Investments in unconsolidated subsidiaries 13,023 12,792
Total Assets 2,719,205 2,608,539
Liabilities and Shareholders' Equity:    
Mortgage and other indebtedness, net 1,289,369 1,170,794
Accounts payable and accrued expenses 74,440 77,469
Deferred revenue and other liabilities 83,856 85,649
Total Liabilities 1,447,665 1,333,912
Commitments and contingencies
Limited Partners' interests in Operating Partnership and other 57,367 43,275
Kite Realty Group Trust Shareholders' Equity:    
Common Shares, $0.01 par value, 225,000,000 shares authorized, 84,546,649 and 84,187,999 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 1,237,829 1,261,539
Accumulated other comprehensive loss (24,354) (30,885)
Total Shareholders' Equity 1,213,475 1,230,654
Noncontrolling Interest 698 698
Total Equity 1,214,173 1,231,352
Total Liabilities and Shareholders' Equity $ 2,719,205 $ 2,608,539