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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flow from operating activities:    
Net income $ 293,776 $ 235,959
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 126,301 130,294
Impairment charges 11,806 272
Straight-line rental income adjustments, net (7,701) (7,935)
Amortization of above-market and below-market leases, net (2,989) (4,297)
Amortization of deferred financing costs and fair value debt adjustments, net (2,313) (7,021)
Early extinguishment of debt charges 0 7,173
Equity award expense 9,333 7,513
Gain on sale of properties (39,206) (4,193)
Loss/(gain) on marketable securities, net 10,144 (121,764)
Distributions from joint ventures and other investments 13,428 25,925
Change in accounts and notes receivable, net 8,887 8,925
Change in other operating assets and liabilities, net (30,597) (14,897)
Change in other operating assets and liabilities, net (19,310) (32,460)
Net cash flow provided by operating activities 345,233 194,551
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets (98,546) (18,671)
Improvements to operating real estate (40,202) (29,435)
Investment in marketable securities (2,202) (1,469)
Proceeds from sale of marketable securities 138,207 100
Investment in cost method investment 0 (3,000)
Investments in and advances to real estate joint ventures (12,848) (13,116)
Reimbursements of investments in and advances to real estate joint ventures 5,446 8,569
Investments in and advances to other investments (6,326) (8,445)
Reimbursements of investments in and advances to other investments 199 24,398
Investment in mortgage and other financing receivables (11,211) (3,000)
Collection of mortgage and other financing receivables 59 43
Proceeds from sale of properties 70,983 8,410
Net cash flow provided by/(used for) investing activities 43,559 (35,616)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (37,187) (85,683)
Principal payments on rental property debt (2,794) (2,600)
Proceeds from mortgage loan financings 0 19,000
Financing origination costs (6,026) (10,165)
Payment of early extinguishment of debt charges 0 (6,470)
Contributions from noncontrolling interests 0 891
Redemption/distribution of noncontrolling interests (2,609) (4,673)
Dividends paid (148,882) (123,758)
Proceeds from issuance of stock, net 3,727 2,568
Repurchase of preferred stock (268) 0
Shares repurchased for employee tax withholding on equity awards (16,085) (13,428)
Change in tenants' security deposits 680 1,038
Net cash flow used for financing activities (209,444) (123,280)
Net change in cash, cash equivalents and restricted cash 179,348 35,655
Cash, cash equivalents and restricted cash, beginning of the period 149,829 334,663
Cash, cash equivalents and restricted cash, end of the period 329,177 370,318
Interest paid during the period, including payment of early extinguishment of debt charges of $0 and $6,470, respectively (net of capitalized interest of $198 and $102, respectively) 54,847 60,213
Senior Unsecured Notes [Member]    
Cash flow from financing activities:    
Proceeds from unsecured debt 0 600,000
Repayments of unsecured notes 0 (500,000)
Joint Ventures [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income, net (24,204) (23,570)
Other Real Estate Investments [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income, net (2,122) (5,373)
Kimco Realty OP, LLC [Member]    
Cash flow from operating activities:    
Net income 293,776 235,959
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 126,301 130,294
Impairment charges 11,806 272
Straight-line rental income adjustments, net (7,701) (7,935)
Amortization of above-market and below-market leases, net (2,989) (4,297)
Amortization of deferred financing costs and fair value debt adjustments, net (2,313) (7,021)
Early extinguishment of debt charges 0 7,173
Equity award expense 9,333 7,513
Gain on sale of properties (39,206) (4,193)
Loss/(gain) on marketable securities, net 10,144 (121,764)
Distributions from joint ventures and other investments 13,428 25,925
Change in accounts and notes receivable, net 8,887 8,925
Change in other operating assets and liabilities, net (30,597) (14,897)
Change in other operating assets and liabilities, net (19,310) (32,460)
Net cash flow provided by operating activities 345,233 194,551
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets (98,546) (18,671)
Improvements to operating real estate (40,202) (29,435)
Investment in marketable securities (2,202) (1,469)
Proceeds from sale of marketable securities 138,207 100
Investment in cost method investment 0 (3,000)
Investments in and advances to real estate joint ventures (12,848) (13,116)
Reimbursements of investments in and advances to real estate joint ventures 5,446 8,569
Investments in and advances to other investments (6,326) (8,445)
Reimbursements of investments in and advances to other investments 199 24,398
Investment in mortgage and other financing receivables (11,211) (3,000)
Collection of mortgage and other financing receivables 59 43
Proceeds from sale of properties 70,983 8,410
Net cash flow provided by/(used for) investing activities 43,559 (35,616)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (37,187) (85,683)
Principal payments on rental property debt (2,794) (2,600)
Proceeds from mortgage loan financings 0 19,000
Financing origination costs (6,026) (10,165)
Payment of early extinguishment of debt charges 0 (6,470)
Contributions from noncontrolling interests 0 891
Redemption/distribution of noncontrolling interests (2,609) (4,673)
Proceeds from issuance of stock, net 3,727 2,568
Repurchase of preferred stock (268) 0
Shares repurchased for employee tax withholding on equity awards (16,085) (13,428)
Change in tenants' security deposits 680 1,038
Net cash flow used for financing activities (209,444) (123,280)
Net change in cash, cash equivalents and restricted cash 179,348 35,655
Cash, cash equivalents and restricted cash, beginning of the period 149,829 334,663
Cash, cash equivalents and restricted cash, end of the period 329,177 370,318
Interest paid during the period, including payment of early extinguishment of debt charges of $0 and $6,470, respectively (net of capitalized interest of $198 and $102, respectively) 54,847 60,213
Distributions to common and preferred unitholders (148,882) (123,758)
Kimco Realty OP, LLC [Member] | Joint Ventures [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income, net (24,204) (23,570)
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in income, net (2,122) (5,373)
Equity in income of other investments, net $ (2,122) $ (5,373)