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Earnings Per Share/Units - Reconciliation of Kimco OPs Earnings and Weighted-average Number of Shares Used in Calculation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net income available to the Company's common shareholders $ 111,777 $ 100,426 $ 92,861 $ 383,938
Earnings attributable to participating securities (700) (647) (1,380) (2,074)
Net income available to the Company's common shareholders for basic earnings per share 111,077 99,779 91,481 381,864
Distributions on convertible units 0 0 0 1,479
Net income available to the Company's common shareholders for diluted earnings per share $ 111,077 $ 99,779 $ 91,481 $ 383,343
Weighted average common shares outstanding – basic (in shares) 671,198 617,077 670,658 616,785
Equity awards [1] 129 122 129 490
Assumed conversion of convertible units [1] 57 58 52 2,474
Weighted average common shares outstanding – diluted (in shares) 671,384 617,257 670,839 619,749
Basic earnings per share (in dollars per share) $ 0.17 $ 0.16 $ 0.14 $ 0.62
Diluted earnings per share (in dollars per share) $ 0.17 $ 0.16 $ 0.14 $ 0.62
Kimco Realty OP, LLC [Member]        
Net income available to the Company's common shareholders $ 111,968 $ 100,426 $ 93,037 $ 383,938
Earnings attributable to participating securities (729) (647) (1,438) (2,074)
Net income available to the Company's common shareholders for basic earnings per share 111,239 99,779 91,599 381,864
Distributions on convertible units 0 0 0 1,479
Net income available to the Company's common shareholders for diluted earnings per share $ 111,239 $ 99,779 $ 91,599 $ 383,343
Weighted average common shares outstanding – basic (in shares) 675,189 617,077 674,572 616,785
Equity awards [2] 129 122 129 490
Assumed conversion of convertible units [2] 56 58 52 2,474
Weighted average common shares outstanding – diluted (in shares) 675,374 617,257 674,753 619,749
Basic earnings per share (in dollars per share) $ 0.16 $ 0.16 $ 0.14 $ 0.62
Diluted earnings per share (in dollars per share) $ 0.16 $ 0.16 $ 0.14 $ 0.62
[1] The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company’s common shareholders per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations.
[2] The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to Kimco OP’s common unitholders per unit. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per unit calculations.