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Consolidated Balance Sheets (Unaudited) - KRG Trust - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Investment properties, at cost $ 7,546,116 $ 7,740,061
Less: accumulated depreciation (1,447,549) (1,381,770)
Net investment properties 6,098,567 6,358,291
Cash and cash equivalents 153,835 36,413
Tenant and other receivables, including accrued straight-line rent of $62,035 and $55,482, respectively 120,012 113,290
Restricted cash and escrow deposits 4,935 5,017
Deferred costs, net 263,884 304,171
Short-term deposits 120,000 0
Prepaid and other assets 114,159 117,834
Investments in unconsolidated subsidiaries 9,970 9,062
Assets associated with investment property held for sale 73,558 0
Total assets 6,958,920 6,944,078
Liabilities:    
Mortgage and other indebtedness, net 3,015,626 2,829,202
Accounts payable and accrued expenses 189,688 198,079
Deferred revenue and other liabilities 250,103 272,942
Liabilities associated with investment property held for sale 3,930 0
Total liabilities 3,459,347 3,300,223
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership 76,093 73,287
Equity:    
Common shares, $0.01 par value, 490,000,000 shares authorized, 219,654,953 and 219,448,429 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 2,197 2,194
Additional paid-in capital 4,886,532 4,886,592
Accumulated other comprehensive income 50,255 52,435
Accumulated deficit (1,517,383) (1,373,083)
Total shareholders’ equity/Partners’ equity 3,421,601 3,568,138
Noncontrolling interests 1,879 2,430
Total equity 3,423,480 3,570,568
Total liabilities and equity $ 6,958,920 $ 6,944,078