XML 74 R62.htm IDEA: XBRL DOCUMENT v3.22.2
SUBSEQUENT EVENTS (Details)
1 Months Ended 6 Months Ended
Aug. 05, 2022
USD ($)
ft²
agreement
derivative_contract
mortgage_payable
Jun. 30, 2022
USD ($)
ft²
derivative_contract
Dec. 31, 2021
Subsequent Event [Line Items]      
Square footage (in acres) | ft²   141,873  
Acquisition price   $ 66,020,000  
Cash Flow Hedging      
Subsequent Event [Line Items]      
Number of interest rate swap contracts | derivative_contract   12  
Derivative, notional amount   $ 720,000,000  
Unsecured term loans | Unsecured term loan 200M      
Subsequent Event [Line Items]      
Interest rate   4.10% 4.10%
Mortgages payable      
Subsequent Event [Line Items]      
Repayments of debt   $ 78,700,000  
Interest rate   4.43%  
Revolving Credit Facility      
Subsequent Event [Line Items]      
Interest rate   2.89% 1.20%
Revolving Credit Facility | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Line of credit, maximum borrowing capacity   $ 1,600,000,000  
Subsequent Event | Palms Plaza      
Subsequent Event [Line Items]      
Square footage (in acres) | ft² 68,976    
Acquisition price $ 35,800,000    
Subsequent Event | Interest Rate Swap, Floating Rate to Fixed Rate | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Number of interest rate swap contracts | derivative_contract 2    
Subsequent Event | Interest Rate Swap, Variable Rate to Fixed Rate | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Number of interest rate swap contracts | agreement 2    
Subsequent Event | Cash Flow Hedging | Interest Rate Swap, Floating Rate to Fixed Rate | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Derivative, notional amount $ 200,000,000    
Subsequent Event | Cash Flow Hedging | Interest Rate Swap, Variable Rate to Fixed Rate | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Derivative, notional amount 100,000,000    
Subsequent Event | Unsecured term loan 200M | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Repayments of unsecured debt $ 200,000,000    
Subsequent Event | Unsecured term loans | Unsecured term loan 300M | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Debt instrument term 7 years    
Principal amount of debt issued $ 300,000,000    
Subsequent Event | Unsecured term loans | Unsecured term loan 200M | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Principal amount of debt issued $ 200,000,000    
Subsequent Event | Mortgages payable      
Subsequent Event [Line Items]      
Number of mortgages payable repaid | mortgage_payable 2    
Repayments of debt $ 44,900,000    
Interest rate 4.20%    
Subsequent Event | Revolving Credit Facility | Kite Realty Group, L.P.      
Subsequent Event [Line Items]      
Increase in capacity of revolving credit facility $ 250,000,000    
Line of credit, maximum borrowing capacity $ 1,100,000,000