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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts

KIMCO REALTY CORPORATION AND SUBSIDIARIES AND KIMCO REALTY OP, LLC AND SUBSIDIARIES

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

For the Years Ended December 31, 2024, 2023 and 2022

(in thousands)

 

 

Balance at
beginning
of period

 

 

Charged to
expenses

 

 

Adjustments
to valuation
accounts

 

 

Deductions

 

 

Balance at
end of
period

 

Year Ended December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for uncollectable accounts (1)

 

$

4,528

 

 

$

-

 

 

$

2,043

 

 

$

-

 

 

$

6,571

 

Allowance for deferred tax asset

 

$

3,776

 

 

$

-

 

 

$

6,551

 

 

$

-

 

 

$

10,327

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for uncollectable accounts (1)

 

$

6,982

 

 

$

-

 

 

$

-

 

 

$

(2,454

)

 

$

4,528

 

Allowance for deferred tax asset

 

$

-

 

 

$

-

 

 

$

3,776

 

 

$

-

 

 

$

3,776

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for uncollectable accounts (1)

 

$

8,339

 

 

$

-

 

 

$

-

 

 

$

(1,357

)

 

$

6,982

 

Allowance for deferred tax asset

 

$

4,067

 

 

$

-

 

 

$

(4,067

)

 

$

-

 

 

$

-

 

 

(1)
Includes allowances on accounts receivable and straight-line rents.