XML 20 R7.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Balance Sheets (Unaudited) - KRG, LP - 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
Partners’ Equity:    
Common equity, 219,654,953 and 219,448,429 units issued and outstanding at June 30, 2024 and December 31, 2023, respectively 2,197 2,194
Accumulated other comprehensive income 50,255 52,435
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
Kite Realty Group, L.P.    
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
Partners’ Equity:    
Common equity, 219,654,953 and 219,448,429 units issued and outstanding at June 30, 2024 and December 31, 2023, respectively 3,371,346 3,515,703
Accumulated other comprehensive income 50,255 52,435
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