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Consolidated Statements of Cash Flows (Unaudited) - KRG Trust - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net (loss) income $ (3,381) $ 25,259
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 242,634 61,751
Gain on sales of operating properties, net (27,126) (26,258)
Straight-line rent (8,359) (754)
Compensation expense for equity awards 5,603 3,587
Amortization of debt fair value adjustments (6,835) (222)
Amortization of in-place lease liabilities (1,915) (902)
Changes in assets and liabilities:    
Tenant receivables (1,447) 6,815
Deferred costs and other assets (4,257) (781)
Accounts payable, accrued expenses, deferred revenue and other liabilities (40,595) (1,096)
Net cash provided by operating activities 154,322 67,399
Cash flows from investing activities:    
Acquisitions of interests in properties (65,765) 0
Capital expenditures (58,731) (21,194)
Net proceeds from sales of land 1,935 41,128
Net proceeds from sales of operating properties 65,408 2,484
Investment in short-term deposits 125,000 (125,000)
Small business loan repayments 372 371
Change in construction payables (717) 2,745
Distribution from unconsolidated joint venture 1,144 0
Net cash provided by (used in) investing activities 68,646 (99,466)
Cash flows from financing activities:    
Proceeds from issuance of common shares, net 20 31
Repurchases of common shares upon the vesting of restricted shares (1,144) (458)
Purchase of capped calls 0 (9,800)
Debt and equity issuance costs (662) (5,274)
Loan proceeds 120,000 175,000
Loan payments (255,766) (51,518)
Distributions paid – common shareholders (85,408) (27,355)
Distributions paid – redeemable noncontrolling interests (1,219) (1,065)
Net cash (used in) provided by financing activities (224,179) 79,561
Net change in cash, cash equivalents and restricted cash (1,211) 47,494
Cash, cash equivalents and restricted cash, beginning of period 100,363 46,586
Cash, cash equivalents and restricted cash, end of period 99,152 94,080
Non-cash investing and financing activities    
Exchange of redeemable noncontrolling interests for common shares $ 0 $ 2,592