XML 69 R57.htm IDEA: XBRL DOCUMENT
v3.22.2.2

MORTGAGE AND OTHER INDEBTEDNESS - Summary of Unsecured Term Loans Assumed (Details) |  | 9 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | ---
Jul. 29, 2022 | Sep. 30, 2022 USD ($) extension | Dec. 31, 2021 USD ($) | Oct. 22, 2021 USD ($) | Oct. 25, 2018 USD ($)
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 2,979,068,000 | $ 3,092,225,000 |  |
$300M unsecured term loan | Kite Realty Group, L.P. | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread, increase (decrease) | 0.10% |  |  |  |
Unsecured term loans |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | 820,000,000 | 720,000,000 |  |
Unsecured term loans | $120M unsecured term loan |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | 120,000,000 | 120,000,000 |  |
Unsecured term loans | $120M unsecured term loan | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  |  | $ 120,000,000 |  |
Unsecured term loans | $120M unsecured term loan | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 120,000,000 |  |  |
Unsecured term loans | $120M unsecured term loan | Minimum | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  |  | 1.20% |  |
Unsecured term loans | $120M unsecured term loan | Minimum | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 0.80% |  |  |
Unsecured term loans | $120M unsecured term loan | Maximum | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  |  | 1.70% |  |
Unsecured term loans | $120M unsecured term loan | Maximum | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.65% |  |  |
Unsecured term loans | $120M unsecured term loan | Kite Realty Group, L.P. |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 120,000,000 |  | $ 120,000,000 |
Unsecured term loans | $120M unsecured term loan | Kite Realty Group, L.P. | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread, increase (decrease) |  | 0.10% |  |  |
Unsecured term loans | $120M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Leverage-based pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.20% |  |  |
Unsecured term loans | $120M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 0.80% |  |  |
Unsecured term loans | $120M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Leverage-based pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.70% |  |  |
Unsecured term loans | $120M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.65% |  |  |
Unsecured term loans | $250M unsecured term loan |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 250,000,000 | $ 250,000,000 |  |
Unsecured term loans | $250M unsecured term loan | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Number of extension options | extension |  | 3 |  |  |
Extension period |  | 1 year |  |  |
Unsecured term loans | $250M unsecured term loan | Kite Realty Group, L.P. |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 250,000,000 |  |  | $ 250,000,000
Number of extension options | extension |  | 3 |  |  |
Extension period |  | 1 year |  |  |
Unsecured term loans | $250M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Leverage-based pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 2.00% |  |  |
Unsecured term loans | $250M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 2.00% |  |  |
Unsecured term loans | $250M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Leverage-based pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 2.55% |  |  |
Unsecured term loans | $250M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 2.50% |  |  |
Unsecured term loans | $150M unsecured term loan |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 150,000,000 | 150,000,000 |  |
Unsecured term loans | $150M unsecured term loan | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  |  | $ 150,000,000 |  |
Unsecured term loans | $150M unsecured term loan | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 150,000,000 |  |  |
Unsecured term loans | $150M unsecured term loan | Minimum | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  |  | 1.20% |  |
Unsecured term loans | $150M unsecured term loan | Minimum | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 0.75% |  |  |
Unsecured term loans | $150M unsecured term loan | Maximum | LIBOR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  |  | 1.70% |  |
Unsecured term loans | $150M unsecured term loan | Maximum | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.60% |  |  |
Unsecured term loans | $150M unsecured term loan | Kite Realty Group, L.P. |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 150,000,000 |  | $ 150,000,000 |
Unsecured term loans | $150M unsecured term loan | Kite Realty Group, L.P. | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread, increase (decrease) |  | 0.10% |  |  |
Unsecured term loans | $150M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Leverage-based pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.20% |  |  |
Unsecured term loans | $150M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 0.75% |  |  |
Unsecured term loans | $150M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Leverage-based pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.70% |  |  |
Unsecured term loans | $150M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.60% |  |  |
Unsecured term loans | $300M unsecured term loan |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 300,000,000 | $ 0 |  |
Unsecured term loans | $300M unsecured term loan | Kite Realty Group, L.P. |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Gross debt |  | $ 300,000,000 |  |  |
Unsecured term loans | $300M unsecured term loan | Kite Realty Group, L.P. | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread, increase (decrease) |  | 0.10% |  |  |
Unsecured term loans | $300M unsecured term loan | Kite Realty Group, L.P. | Minimum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 1.15% |  |  |
Unsecured term loans | $300M unsecured term loan | Kite Realty Group, L.P. | Minimum | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread | 1.15% |  |  |  |
Unsecured term loans | $300M unsecured term loan | Kite Realty Group, L.P. | Maximum | LIBOR | Investment grade pricing |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread |  | 2.20% |  |  |
Unsecured term loans | $300M unsecured term loan | Kite Realty Group, L.P. | Maximum | SOFR |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Credit spread | 2.20% |  |  |  |

X
- Definition Debt Instrument, Basis Spread on Variable Rate, Increase (Decrease) + References No definition available. + Details
Name: | krg_DebtInstrumentBasisSpreadOnVariableRateIncreaseDecrease
Namespace Prefix: | krg_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Maturity Date, Extension + References No definition available. + Details
Name: | krg_DebtInstrumentMaturityDateExtension
Namespace Prefix: | krg_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Maturity Date, Number of Extension Options + References No definition available. + Details
Name: | krg_DebtInstrumentMaturityDateNumberOfExtensionOptions
Namespace Prefix: | krg_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=krg_TermLoanDueJuly2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=krg_KiteRealtyGroupLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_UnsecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=krg_TermLoanDueJuly2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | krg_DebtInstrumentPricingModelAxis=krg_LeverageBasedPricingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | krg_DebtInstrumentPricingModelAxis=krg_InvestmentGradePricingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=krg_TermLoanDueOctober2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=krg_TermLoanDueJuly2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |