2022 Q1 Form 10-Q Financial Statement

#000128604322000045 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $194.4M $69.38M
YoY Change 180.2% -0.77%
Cost Of Revenue $52.79M $19.67M
YoY Change 168.36% -0.35%
Gross Profit $141.6M $49.71M
YoY Change 184.86% -0.94%
Gross Profit Margin 72.84% 71.65%
Selling, General & Admin $13.31M $7.280M
YoY Change 82.82% 5.05%
% of Gross Profit 9.4% 14.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $121.5M $30.63M
YoY Change 296.63% -2.65%
% of Gross Profit 85.81% 61.63%
Operating Expenses $134.8M $37.91M
YoY Change 255.61% -34.78%
Operating Profit $9.034M $38.00M
YoY Change -76.23% 196.3%
Interest Expense $25.51M $12.24M
YoY Change 108.41% -0.41%
% of Operating Profit 282.42% 32.21%
Other Income/Expense, Net -$103.0K -$206.0K
YoY Change -50.0% 98.08%
Pretax Income -$16.58M $25.56M
YoY Change -164.88% 5844.19%
Income Tax -$71.00K -$118.0K
% Of Pretax Income -0.46%
Net Earnings -$16.80M $24.58M
YoY Change -168.37% -33312.16%
Net Earnings / Revenue -8.64% 35.43%
Basic Earnings Per Share -$0.08 $0.29
Diluted Earnings Per Share -$0.08 $0.29
COMMON SHARES
Basic Shares Outstanding 219.0M shares 84.34M shares
Diluted Shares Outstanding 219.0M shares 84.45M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $74.35M $228.8M
YoY Change -67.51% -33.47%
Cash & Equivalents $74.35M $228.8M
Short-Term Investments
Other Short-Term Assets $96.28M $42.90M
YoY Change 124.43% 18.18%
Inventory
Prepaid Expenses
Receivables $69.14M $49.10M
Other Receivables $0.00 $0.00
Total Short-Term Assets $239.8M $320.8M
YoY Change -25.26% -25.41%
LONG-TERM ASSETS
Property, Plant & Equipment $6.677B $2.359B
YoY Change 183.05% -1.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $11.83M $13.05M
YoY Change -9.29% 7.94%
Other Assets $520.3M $62.60M
YoY Change 731.08% -31.43%
Total Long-Term Assets $7.334B $2.435B
YoY Change 201.25% -2.9%
TOTAL ASSETS
Total Short-Term Assets $239.8M $320.8M
Total Long-Term Assets $7.334B $2.435B
Total Assets $7.574B $2.755B
YoY Change 174.87% -6.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $124.2M $72.10M
YoY Change 72.25% -34.1%
Accrued Expenses $70.37M $26.40M
YoY Change 166.53% -1.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $194.6M $98.50M
YoY Change 97.52% -27.73%
LONG-TERM LIABILITIES
Long-Term Debt $3.179B $1.315B
YoY Change 141.72% -9.08%
Other Long-Term Liabilities $235.9M $57.00M
YoY Change 313.86% 1.06%
Total Long-Term Liabilities $3.415B $1.372B
YoY Change 148.87% -8.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $194.6M $98.50M
Total Long-Term Liabilities $3.415B $1.372B
Total Liabilities $3.610B $1.471B
YoY Change 145.42% -10.27%
SHAREHOLDERS EQUITY
Retained Earnings -$1.021B -$812.7M
YoY Change 25.67% 1.97%
Common Stock $2.190M $845.0K
YoY Change 159.17% 0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.899B $1.232B
YoY Change
Total Liabilities & Shareholders Equity $7.574B $2.755B
YoY Change 174.87% -6.2%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$16.80M $24.58M
YoY Change -168.37% -33312.16%
Depreciation, Depletion And Amortization $121.5M $30.63M
YoY Change 296.63% -2.65%
Cash From Operating Activities $49.58M $31.31M
YoY Change 58.39% 43.12%
INVESTING ACTIVITIES
Capital Expenditures -$23.75M -$7.900M
YoY Change 200.66% -40.15%
Acquisitions
YoY Change
Other Investing Activities -$38.43M $41.70M
YoY Change -192.16% 583.61%
Cash From Investing Activities -$62.18M $33.88M
YoY Change -283.53% -577.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $925.0K $435.0K
YoY Change 112.64% -55.66%
Debt Paid & Issued, Net $42.20M $25.57M
YoY Change 65.05% 4557.19%
Cash From Financing Activities -$5.573M $120.8M
YoY Change -104.62% -59.48%
NET CHANGE
Cash From Operating Activities $49.58M $31.31M
Cash From Investing Activities -$62.18M $33.88M
Cash From Financing Activities -$5.573M $120.8M
Net Change In Cash -$18.17M $185.9M
YoY Change -109.77% -40.56%
FREE CASH FLOW
Cash From Operating Activities $49.58M $31.31M
Capital Expenditures -$23.75M -$7.900M
Free Cash Flow $73.34M $39.21M
YoY Change 87.06% 11.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q1 dei Amendment Flag
AmendmentFlag
false
CY2022Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001286043
CY2022Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2022Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q4 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q1 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q1 dei Document Type
DocumentType
10-Q
CY2022Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2022Q1 dei Entity File Number
EntityFileNumber
001-32268
CY2022Q1 dei Entity Registrant Name
EntityRegistrantName
KITE REALTY GROUP TRUST
CY2022Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2022Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
11-3715772
CY2022Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
30 S. Meridian Street
CY2022Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1100
CY2022Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Indianapolis
CY2022Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
IN
CY2022Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
46204
CY2022Q1 dei City Area Code
CityAreaCode
317
CY2022Q1 dei Local Phone Number
LocalPhoneNumber
577-5600
CY2022Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value per share
CY2022Q1 dei Trading Symbol
TradingSymbol
KRG
CY2022Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2022Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2022Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2022Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022Q1 dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
219040481 shares
CY2022Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7627581000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7592348000 USD
CY2022Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
950737000 USD
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
884809000 USD
CY2022Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6676844000 USD
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
6707539000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74345000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
93241000 USD
CY2022Q1 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
32125000 USD
CY2021Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
28071000 USD
CY2022Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
69135000 USD
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
68444000 USD
CY2022Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7845000 USD
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7122000 USD
CY2022Q1 krg Deferred Costs Net
DeferredCostsNet
512411000 USD
CY2021Q4 krg Deferred Costs Net
DeferredCostsNet
541518000 USD
CY2022Q1 us-gaap Short Term Investments
ShortTermInvestments
125000000 USD
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
125000000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
96281000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
84826000 USD
CY2022Q1 us-gaap Equity Method Investments
EquityMethodInvestments
11833000 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
11885000 USD
CY2022Q1 us-gaap Assets
Assets
7573694000 USD
CY2021Q4 us-gaap Assets
Assets
7639575000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
3179118000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
3150808000 USD
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
124193000 USD
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
184982000 USD
CY2022Q1 us-gaap Other Liabilities
OtherLiabilities
306268000 USD
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
321419000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
3609579000 USD
CY2021Q4 us-gaap Liabilities
Liabilities
3657209000 USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2022Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
60376000 USD
CY2021Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
55173000 USD
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
219042903 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
219042903 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
218949569 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
218949569 shares
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
2190000 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
2189000 USD
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4894897000 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4898673000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
22811000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-15902000 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1021317000 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-962913000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
3898581000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
3922047000 USD
CY2022Q1 us-gaap Minority Interest
MinorityInterest
5158000 USD
CY2021Q4 us-gaap Minority Interest
MinorityInterest
5146000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3903739000 USD
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3927193000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7573694000 USD
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7639575000 USD
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
189858000 USD
CY2021Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
67890000 USD
CY2022Q1 us-gaap Revenues
Revenues
194391000 USD
CY2021Q1 us-gaap Revenues
Revenues
69375000 USD
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
25928000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
10269000 USD
CY2022Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
26859000 USD
CY2021Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
9400000 USD
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13309000 USD
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7276000 USD
CY2022Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
925000 USD
CY2021Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
121504000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30634000 USD
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
188525000 USD
CY2021Q1 us-gaap Costs And Expenses
CostsAndExpenses
57579000 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3168000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
26207000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9034000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
38003000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
25514000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
12242000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-71000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-118000 USD
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-314000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-318000 USD
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-103000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-206000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-16826000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
25355000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
778000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16804000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24577000 USD
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
218981168 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84336577 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
218981168 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84446989 shares
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-16826000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
25355000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
38938000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6733000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
22112000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
32088000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
203000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
974000 USD
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21909000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
31114000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
3922047000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1822000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
38713000 USD
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
41600000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-16804000 USD
CY2022Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-5597000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
3898581000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1230654000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1466000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6537000 USD
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
12992000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
24577000 USD
CY2021Q1 krg Adjustment To Additional Paid In Capital Purchase Of Capped Calls
AdjustmentToAdditionalPaidInCapitalPurchaseOfCappedCalls
9800000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
2062000 USD
CY2021Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-10633000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1231871000 USD
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-16826000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
25355000 USD
CY2022Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
123289000 USD
CY2021Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
31212000 USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3168000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
26207000 USD
CY2022Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
4031000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-12000 USD
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2624000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1702000 USD
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-3446000 USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-111000 USD
CY2022Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-583000 USD
CY2021Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-479000 USD
CY2022Q1 us-gaap Straight Line Rent
StraightLineRent
-2446000 USD
CY2021Q1 us-gaap Straight Line Rent
StraightLineRent
-3806000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-95000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3178000 USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-50817000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-807000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49583000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31305000 USD
CY2022Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
44262000 USD
CY2021Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2022Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
23752000 USD
CY2021Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
7864000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
39933000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Other Real Estate Heldforinvestment
ProceedsFromSaleOfOtherRealEstateHeldforinvestment
6904000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Real Estate Heldforinvestment
ProceedsFromSaleOfOtherRealEstateHeldforinvestment
2484000 USD
CY2022Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
226000 USD
CY2021Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
212000 USD
CY2022Q1 krg Increase Decrease In Retainage Payable Investing
IncreaseDecreaseInRetainagePayableInvesting
-1299000 USD
CY2021Q1 krg Increase Decrease In Retainage Payable Investing
IncreaseDecreaseInRetainagePayableInvesting
-883000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-62183000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
33882000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
14000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
17000 USD
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
939000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
452000 USD
CY2022Q1 krg Payments For Capped Calls
PaymentsForCappedCalls
0 USD
CY2021Q1 krg Payments For Capped Calls
PaymentsForCappedCalls
9800000 USD
CY2022Q1 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
263000 USD
CY2021Q1 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
4937000 USD
CY2022Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
80000000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
175000000 USD
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
42201000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
25568000 USD
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
41600000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
12992000 USD
CY2022Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
584000 USD
CY2021Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
511000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5573000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
120757000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-18173000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
185944000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100363000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46586000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82190000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
232530000 USD
CY2022Q1 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2021Q1 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
2062000 USD
CY2022Q1 us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION AND BASIS OF PRESENTATION<div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Kite Realty Group Trust (the “Parent Company”), through its majority-owned subsidiary, Kite Realty Group, L.P. (the “Operating Partnership”), owns interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of high-quality, open-air shopping centers and mixed-use assets in select markets in the United States. The terms “Company,” “we,” “us,” and “our” refer to the Parent Company and the Operating Partnership, collectively, and those entities owned or controlled by the Parent Company and/or the Operating Partnership.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Operating Partnership was formed on August 16, 2004, when the Parent Company contributed properties and the net proceeds from an initial public offering of shares of its common stock to the Operating Partnership. The Parent Company was organized in Maryland in 2004 to succeed in the development, acquisition, construction and real estate businesses of its predecessor. We believe the Company qualifies as a real estate investment trust (“REIT”) under provisions of the Internal Revenue Code of 1986, as amended.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Parent Company is the sole general partner of the Operating Partnership, and as of March 31, 2022 owned approximately 98.9% of the common partnership interests in the Operating Partnership (“General Partner Units”). The remaining 1.1% of the common partnership interests (“Limited Partner Units” and, together with the General Partner Units, the “Common Units”) were owned by the limited partners. As the sole general partner of the Operating Partnership, the Parent Company has full, exclusive and complete responsibility and discretion in the day-to-day management and control of the Operating Partnership. The Parent Company and the Operating Partnership are operated as one enterprise. The management of the Parent Company consists of the same members as the management of the Operating Partnership. As the sole general partner with control of the Operating Partnership, the Parent Company consolidates the Operating Partnership for financial reporting purposes, and the Parent Company does not have any significant assets other than its investment in the Operating Partnership.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in the financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) may have been condensed or omitted pursuant to such rules and regulations, although management believes that the disclosures are adequate to make the presentation not misleading. The unaudited financial statements as of March 31, 2022 and for the three months ended March 31, 2022 and 2021 include all adjustments, consisting of normal recurring adjustments, necessary in the opinion of management to present fairly the financial information set forth therein. The consolidated financial statements in this Form 10-Q should be read in conjunction with the audited consolidated financial statements and related notes thereto included in the combined Annual Report on Form 10-K of the Parent Company and the Operating Partnership for the year ended December 31, 2021.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reported period. Actual results could differ from these estimates. The results of operations for the interim periods are not necessarily indicative of the results that may be expected on an annual basis.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On October 22, 2021, we completed a merger with Retail Properties of America, Inc. (“RPAI”) in accordance with the Agreement and Plan of Merger dated July 18, 2021 (the “Merger Agreement”), by and among the Company, its wholly owned subsidiary KRG Oak, LLC (“Merger Sub”) and RPAI, pursuant to which RPAI merged with and into Merger Sub (the “Merger”). Immediately following the closing of the Merger, Merger Sub merged with and into the Operating Partnership so that all of the assets and liabilities of the Company continue to be held at or below the Operating Partnership level. The transaction value was approximately $4.7 billion, including the assumption of approximately $1.8 billion of debt. We acquired 100 operating retail properties and five active development projects through the Merger along with multiple parcels of entitled land for future value creation.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the terms of the Merger Agreement, each outstanding share of RPAI common stock converted into the right to receive 0.623 common shares of the Company plus cash in lieu of fractional Company shares. The aggregate value of the Merger consideration paid or payable to former holders of RPAI common stock was approximately $2.8 billion, excluding the value of RPAI restricted stock units that vested at closing and certain restricted share awards assumed by the Company at closing. In connection with the Merger, the Operating Partnership issued an equivalent amount of General Partner Units to the Parent Company.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of March 31, 2022, we owned interests in 181 operating retail properties totaling approximately 28.8 million square feet and one office property with 0.3 million square feet. Of the 181 operating retail properties, 11 contain an office component. We also owned seven development projects under construction as of this date. Of the 181 operating retail properties, 178 are consolidated in these financial statements and the remaining three are accounted for under the equity method.</span></div>
CY2022Q1 krg Land Investment Building And Improvements
LandInvestmentBuildingAndImprovements
7581145000 USD
CY2021Q4 krg Land Investment Building And Improvements
LandInvestmentBuildingAndImprovements
7543376000 USD
CY2022Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
7674000 USD
CY2021Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
7612000 USD
CY2022Q1 us-gaap Development In Process
DevelopmentInProcess
38762000 USD
CY2021Q4 us-gaap Development In Process
DevelopmentInProcess
41360000 USD
CY2022Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7627581000 USD
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
7592348000 USD
CY2022Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
148790000 USD
CY2021Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
54803000 USD
CY2022Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
37025000 USD
CY2021Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
13929000 USD
CY2022Q1 us-gaap Provision For Lease Losses
ProvisionForLeaseLosses
571000 USD
CY2021Q1 us-gaap Provision For Lease Losses
ProvisionForLeaseLosses
1309000 USD
CY2022Q1 krg Operating Lease Straight Line Rent Adjustment
OperatingLeaseStraightLineRentAdjustment
4093000 USD
CY2021Q1 krg Operating Lease Straight Line Rent Adjustment
OperatingLeaseStraightLineRentAdjustment
98000 USD
CY2022Q1 krg Operating Lease Straight Line Rent Reserve For Uncollectibility
OperatingLeaseStraightLineRentReserveForUncollectibility
62000 USD
CY2021Q1 krg Operating Lease Straight Line Rent Reserve For Uncollectibility
OperatingLeaseStraightLineRentReserveForUncollectibility
110000 USD
CY2022Q1 krg Operating Lease Amortization Of In Place Lease Liabilities
OperatingLeaseAmortizationOfInPlaceLeaseLiabilities
583000 USD
CY2021Q1 krg Operating Lease Amortization Of In Place Lease Liabilities
OperatingLeaseAmortizationOfInPlaceLeaseLiabilities
479000 USD
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
189858000 USD
CY2021Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
67890000 USD
CY2022Q1 us-gaap Short Term Investments
ShortTermInvestments
125000000 USD
CY2022Q1 krg Variable Interest Entity Number Of Entities
VariableInterestEntityNumberOfEntities
3 jointVenture
CY2021Q4 us-gaap Minority Interest
MinorityInterest
5146000 USD
CY2020Q4 us-gaap Minority Interest
MinorityInterest
698000 USD
CY2022Q1 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
12000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
0 USD
CY2022Q1 us-gaap Minority Interest
MinorityInterest
5158000 USD
CY2021Q1 us-gaap Minority Interest
MinorityInterest
698000 USD
CY2022Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
2516282 shares
CY2021Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
2377777 shares
CY2022Q1 krg Deferred Leasing Costs And Other
DeferredLeasingCostsAndOther
56832000 USD
CY2021Q4 krg Deferred Leasing Costs And Other
DeferredLeasingCostsAndOther
55817000 USD
CY2022Q1 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
576500000 USD
CY2021Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
567149000 USD
CY2022Q1 krg Deferred Costs Gross
DeferredCostsGross
633332000 USD
CY2021Q4 krg Deferred Costs Gross
DeferredCostsGross
622966000 USD
CY2022Q1 krg Deferred Costs Accumulated Amortization
DeferredCostsAccumulatedAmortization
120921000 USD
CY2021Q4 krg Deferred Costs Accumulated Amortization
DeferredCostsAccumulatedAmortization
81448000 USD
CY2022Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
512411000 USD
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
541518000 USD
CY2022Q1 krg Amortization Of Deferred Leasing Costs Lease Intangibles And Other
AmortizationOfDeferredLeasingCostsLeaseIntangiblesAndOther
42829000 USD
CY2021Q1 krg Amortization Of Deferred Leasing Costs Lease Intangibles And Other
AmortizationOfDeferredLeasingCostsLeaseIntangiblesAndOther
2832000 USD
CY2022Q1 krg Amortization Of Above Market Lease Intangibles
AmortizationOfAboveMarketLeaseIntangibles
3275000 USD
CY2021Q1 krg Amortization Of Above Market Lease Intangibles
AmortizationOfAboveMarketLeaseIntangibles
244000 USD
CY2022Q1 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
200950000 USD
CY2021Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
210261000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8815000 USD
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
10796000 USD
CY2022Q1 us-gaap Advance Rent
AdvanceRent
26138000 USD
CY2021Q4 us-gaap Advance Rent
AdvanceRent
30125000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
70365000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
70237000 USD
CY2022Q1 us-gaap Other Liabilities
OtherLiabilities
306268000 USD
CY2021Q4 us-gaap Other Liabilities
OtherLiabilities
321419000 USD
CY2022Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
3900000 USD
CY2021Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
700000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3130018000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3092225000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-59360000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-69425000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10260000 USD
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10842000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
3179118000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
3150808000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-49100000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
3179118000 USD
CY2022Q1 krg Percentage Of Total
PercentageOfTotal
1
CY2022Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0390
CY2022Q1 krg Weighted Average Maturity
WeightedAverageMaturity
P4Y4M24D
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
650000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1500000 USD
CY2022Q1 krg Letters Of Credit Outstanding Amount Advanced
LettersOfCreditOutstandingAmountAdvanced
0 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
578000 USD
CY2022Q1 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
2200000000 USD
CY2022Q1 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
883800000 USD
CY2022Q1 us-gaap Derivative Average Cap Interest Rate
DerivativeAverageCapInterestRate
0.0372
CY2022Q1 us-gaap Interest Rate Fair Value Hedge Asset At Fair Value
InterestRateFairValueHedgeAssetAtFairValue
5600000 USD
CY2022Q1 us-gaap Interest Rate Fair Value Hedge Liability At Fair Value
InterestRateFairValueHedgeLiabilityAtFairValue
17800000 USD
CY2021Q4 us-gaap Interest Rate Fair Value Hedge Liability At Fair Value
InterestRateFairValueHedgeLiabilityAtFairValue
35700000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-4100000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-1300000 USD
CY2021Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 USD
CY2022Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2022Q1 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
2400000 shares
CY2021Q1 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
2500000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1500000 USD
CY2022Q1 krg Letters Of Credit Outstanding Amount Advanced
LettersOfCreditOutstandingAmountAdvanced
0 USD

Files In Submission

Name View Source Status
0001286043-22-000045-index-headers.html Edgar Link pending
0001286043-22-000045-index.html Edgar Link pending
0001286043-22-000045.txt Edgar Link pending
0001286043-22-000045-xbrl.zip Edgar Link pending
exhibit1013-31x22.htm Edgar Link pending
exhibit3113-31x22.htm Edgar Link pending
exhibit3123-31x22.htm Edgar Link pending
exhibit3133-31x22.htm Edgar Link pending
exhibit3143-31x22.htm Edgar Link pending
exhibit3213-31x22.htm Edgar Link pending
exhibit3223-31x22.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
krg-20220331.htm Edgar Link pending
krg-20220331.xsd Edgar Link pending
krg-20220331_cal.xml Edgar Link unprocessable
krg-20220331_def.xml Edgar Link unprocessable
krg-20220331_htm.xml Edgar Link completed
krg-20220331_lab.xml Edgar Link unprocessable
krg-20220331_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending