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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Revenues from rental properties, net $ 520,930 $ 496,221 $ 1,052,216 $ 995,126
Management and other fee income 4,245 4,010 9,583 8,859
Total revenues 525,175 500,231 1,061,799 1,003,985
Operating expenses        
Rent (4,242) (4,226) (8,426) (8,505)
Real estate taxes (66,559) (66,182) (136,470) (129,542)
Operating and maintenance (91,069) (87,749) (180,622) (173,523)
General and administrative (32,447) (33,090) (66,839) (69,388)
Impairment charges (7,645) (201) (8,179) (3,902)
Merger charges 0 0 0 (25,246)
Depreciation and amortization (156,323) (148,148) (314,776) (302,867)
Total operating expenses (358,285) (339,596) (715,312) (712,973)
Gain on sale of properties 38,922 75 39,809 393
Operating income 205,812 160,710 386,296 291,405
Other income/(expense)        
Other income, net 2,903 910 3,119 10,480
Mortgage and other financing income, net 12,062 4,751 23,331 7,270
Loss on marketable securities, net (2) (6) (11) (27,692)
Interest expense (81,204) (73,341) (161,581) (147,906)
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net 139,571 93,024 251,154 133,557
Provision for income taxes, net (366) (217) (830) (72,227)
Equity in income of joint ventures, net 23,990 21,527 46,673 42,432
Equity in income of other investments, net 1,747 7,718 2,448 9,252
Net income 164,942 122,052 299,445 113,014
Net income attributable to noncontrolling interests (1,956) (2,314) (3,642) (4,250)
Net income attributable to the Company 162,986 119,738 295,803 108,764
Preferred dividends, net (7,556) (7,961) (15,239) (15,903)
Net income available to the Company's common shareholders $ 155,430 $ 111,777 $ 280,564 $ 92,861
Per common share:        
-Basic (in dollars per share) $ 0.23 $ 0.17 $ 0.41 $ 0.14
-Diluted (in dollars per share) $ 0.23 $ 0.17 $ 0.41 $ 0.14
Weighted average shares:        
-Basic (in shares) 674,613 671,198 675,837 670,658
-Diluted (in shares) 675,079 671,384 676,244 670,839
Kimco Realty OP, LLC [Member]        
Revenues        
Revenues from rental properties, net $ 520,930 $ 496,221 $ 1,052,216 $ 995,126
Management and other fee income 4,245 4,010 9,583 8,859
Total revenues 525,175 500,231 1,061,799 1,003,985
Operating expenses        
Rent (4,242) (4,226) (8,426) (8,505)
Real estate taxes (66,559) (66,182) (136,470) (129,542)
Operating and maintenance (91,069) (87,749) (180,622) (173,523)
General and administrative (32,447) (33,090) (66,839) (69,388)
Impairment charges (7,645) (201) (8,179) (3,902)
Merger charges 0 0 0 (25,246)
Depreciation and amortization (156,323) (148,148) (314,776) (302,867)
Total operating expenses (358,285) (339,596) (715,312) (712,973)
Gain on sale of properties 38,922 75 39,809 393
Operating income 205,812 160,710 386,296 291,405
Other income/(expense)        
Other income, net 2,903 910 3,119 10,480
Mortgage and other financing income, net 12,062 4,751 23,331 7,270
Loss on marketable securities, net (2) (6) (11) (27,692)
Interest expense (81,204) (73,341) (161,581) (147,906)
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net 139,571 93,024 251,154 133,557
Provision for income taxes, net (366) (217) (830) (72,227)
Equity in income of joint ventures, net 23,990 21,527 46,673 42,432
Equity in income of other investments, net 1,747 7,718 2,448 9,252
Net income 164,942 122,052 299,445 113,014
Net income attributable to noncontrolling interests (1,609) (2,123) (3,084) (4,074)
Net income attributable to the Company 163,333 119,929 296,361 108,940
Preferred dividends, net (7,556) (7,961) (15,239) (15,903)
Net income available to the Company's common shareholders $ 155,777 $ 111,968 $ 281,122 $ 93,037
Per common share:        
-Basic (in dollars per share) $ 0.23 $ 0.16 $ 0.41 $ 0.14
-Diluted (in dollars per share) $ 0.23 $ 0.16 $ 0.41 $ 0.14
Weighted average shares:        
-Basic (in shares) 675,609 675,189 676,818 674,572
-Diluted (in shares) 676,075 675,374 677,225 674,753