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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue:      
Minimum rent $ 266,377 $ 273,444 $ 274,059
Total revenue 354,184 358,819 354,122
Expenses:      
Property operating 50,356 49,643 47,923
Real estate taxes 42,378 43,180 42,838
General, administrative, and other 21,320 21,749 20,603
Transaction costs 0 0 2,771
Depreciation and amortization 152,163 172,091 0
Impairment charge 70,360 7,411 174,564
Total expenses 336,577 294,074 288,699
Gains on sale of operating properties, net 3,424 15,160 4,253
Operating income 21,031 79,905 69,676
Interest expense (66,785) (65,702) (65,577)
Income tax benefit (expense) of taxable REIT subsidiary 227 100 (814)
Equity in loss of unconsolidated subsidiary (278)    
Other expense, net (646) (415) (169)
Consolidated net (loss) income (46,451) 13,888 3,116
Net income attributable to noncontrolling interests (116) (2,014) (1,933)
Net income attributable to parent $ (46,567) $ 11,874 $ 1,183
Net income per common share – basic:      
Net income per common share – basic (in dollars per share) $ (0.56) $ 0.14 $ 0.01
Net income per common share – diluted:      
Net income per common share – diluted (in dollars per share) $ (0.56) $ 0.14 $ 0.01
Weighted average common shares outstanding - basic (in shares) 83,693,385 83,585,333 83,436,511
Weighted average common shares outstanding - diluted (in shares) 83,693,385 83,690,418 83,465,500
Dividends declared per common share (in dollars per share) $ 1.270 $ 1.225 $ 1.165
Change in fair value of derivatives $ (6,647) $ 3,384 $ 1,871
Total comprehensive (loss) income (53,098) 17,272 4,987
Comprehensive loss (income) attributable to noncontrolling interests 44 (2,092) (1,975)
Comprehensive income attributable to parent (53,054) 15,180 3,012
Kite Realty Group, LP      
Revenue:      
Minimum rent 266,377 273,444 274,059
Total revenue 354,184 358,819 354,122
Expenses:      
Property operating 50,356 49,643 47,923
Real estate taxes 42,378 43,180 42,838
General, administrative, and other 21,320 21,749 20,603
Transaction costs 0 0 2,771
Depreciation and amortization 152,163 172,091 174,564
Impairment charge 70,360 7,411 0
Total expenses 336,577 294,074 288,699
Gains on sale of operating properties, net 3,424 15,160 4,253
Operating income 21,031 79,905 69,676
Interest expense (66,785) (65,702) (65,577)
Income tax benefit (expense) of taxable REIT subsidiary 227 100 (814)
Equity in loss of unconsolidated subsidiary (278) 0 0
Other expense, net (646) (415) (169)
Consolidated net (loss) income (46,451) 13,888 3,116
Net income attributable to noncontrolling interests (1,151) (1,733) (1,906)
Net income attributable to parent (46,567) 11,874 1,183
Net income attributable to common shareholders (47,602) 12,155 1,210
Allocation of net (loss) income:      
Limited Partners (1,035) 281 27
Parent Company $ (46,567) $ 11,874 $ 1,183
Net income per common share – basic:      
Net income per common share – basic (in dollars per share) $ (0.56) $ 0.14 $ 0.01
Net income per common share – diluted:      
Net income per common share – diluted (in dollars per share) $ (0.56) $ 0.14 $ 0.01
Weighted average common shares outstanding - basic (in shares) 85,740,449 85,566,272 85,374,910
Weighted average common shares outstanding - diluted (in shares) 85,740,449 85,671,358 85,403,899
Dividends declared per common share (in dollars per share) $ 1.27 $ 1.225 $ 1.165
Change in fair value of derivatives $ (6,647) $ 3,384 $ 1,871
Total comprehensive (loss) income (53,098) 17,272 4,987
Comprehensive loss (income) attributable to noncontrolling interests (1,151) (1,733) (1,906)
Comprehensive income attributable to parent (54,249) 15,539 3,081
Tenant reimbursements      
Revenue:      
Total revenue 72,146 73,000 70,482
Tenant reimbursements | Kite Realty Group, LP      
Revenue:      
Total revenue 72,146 73,000 70,482
Other property related revenue      
Revenue:      
Total revenue 13,138 11,998 9,581
Other property related revenue | Kite Realty Group, LP      
Revenue:      
Total revenue 13,138 11,998 9,581
Fee income      
Revenue:      
Total revenue 2,523 377 0
Fee income | Kite Realty Group, LP      
Revenue:      
Total revenue $ 2,523 $ 377 $ 0