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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Revenues from rental properties, net $ 1,767,057 $ 1,710,848 $ 1,349,702
Management and other fee income 16,343 16,836 14,883
Total revenues 1,783,400 1,727,684 1,364,585
Operating expenses      
Rent (15,997) (15,811) (13,773)
Real estate taxes (231,578) (224,729) (181,256)
Operating and maintenance (309,143) (290,367) (222,882)
General and administrative (136,807) (119,534) (104,121)
Impairment charges (14,043) (21,958) (3,597)
Merger charges (4,766) 0 (50,191)
Depreciation and amortization (507,265) (505,000) (395,320)
Total operating expenses (1,219,599) (1,177,399) (971,140)
Gain on sale of properties 74,976 15,179 30,841
Operating income 638,777 565,464 424,286
Other income/(expense)      
Special dividend income 194,116 0 0
Other income, net 39,960 28,829 19,810
Gain/(loss) on marketable securities, net 21,262 (315,508) 505,163
Interest expense (250,201) (226,823) (204,133)
Early extinguishment of debt charges 0 (7,658) 0
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net 643,914 44,304 745,126
Provision for income taxes, net (60,952) (56,654) (3,380)
Equity in income, net 10,709 17,403 23,172
Net income 665,949 114,534 849,696
Net (income)/loss attributable to noncontrolling interests (11,676) 11,442 (5,637)
Net income attributable to the Company 654,273 125,976 844,059
Preferred dividends (25,021) (25,218) (25,416)
Net income available to the Company's common shareholders $ 629,252 $ 100,758 $ 818,643
Per common share:      
-Basic (in dollars per share) $ 1.02 $ 0.16 $ 1.61
-Diluted (in dollars per share) $ 1.02 $ 0.16 $ 1.6
Weighted average shares:      
-Basic (in shares) 616,947 615,528 506,248
-Diluted (in shares) [1] 618,199 617,858 511,385
Joint Ventures [Member]      
Other income/(expense)      
Equity in income, net $ 72,278 $ 109,481 $ 84,778
Other Real Estate Investments [Member]      
Other income/(expense)      
Equity in income, net 10,709 17,403 23,172
Kimco Realty OP, LLC [Member]      
Revenues      
Revenues from rental properties, net 1,767,057 1,710,848 1,349,702
Management and other fee income 16,343 16,836 14,883
Total revenues 1,783,400 1,727,684 1,364,585
Operating expenses      
Rent (15,997) (15,811) (13,773)
Real estate taxes (231,578) (224,729) (181,256)
Operating and maintenance (309,143) (290,367) (222,882)
General and administrative (136,807) (119,534) (104,121)
Impairment charges (14,043) (21,958) (3,597)
Merger charges (4,766) 0 (50,191)
Depreciation and amortization (507,265) (505,000) (395,320)
Total operating expenses (1,219,599) (1,177,399) (971,140)
Gain on sale of properties 74,976 15,179 30,841
Operating income 638,777 565,464 424,286
Other income/(expense)      
Special dividend income 194,116 0 0
Other income, net 39,960 28,829 19,810
Gain/(loss) on marketable securities, net 21,262 (315,508) 505,163
Interest expense (250,201) (226,823) (204,133)
Early extinguishment of debt charges 0 (7,658) 0
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net 643,914 44,304 745,126
Provision for income taxes, net (60,952) (56,654) (3,380)
Net income 665,949 114,534 849,696
Net (income)/loss attributable to noncontrolling interests (11,676) 11,442 (5,637)
Net income attributable to the Company 654,273 125,976 844,059
Preferred dividends (25,021) (25,218) (25,416)
Net income available to the Company's common shareholders $ 629,252 $ 100,758 $ 818,643
Per common share:      
-Basic (in dollars per share) $ 1.02 $ 0.16 $ 1.61
-Diluted (in dollars per share) $ 1.02 $ 0.16 $ 1.6
Weighted average shares:      
-Basic (in shares) 616,947 615,528 506,248
-Diluted (in shares) 618,199 617,858 511,385
Kimco Realty OP, LLC [Member] | Joint Ventures [Member]      
Other income/(expense)      
Equity in income, net $ 72,278 $ 109,481 $ 84,778
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member]      
Other income/(expense)      
Equity in income, net $ 10,709 $ 17,403 $ 23,172
[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. Additionally, there were 0.3 million stock options that were not dilutive as of December 31, 2022.